KARIN S. THORBURN Curriculum Vitae

Transcription

1 KARIN S. THORBURN Curriculum Vitae Tuck School of Business Dartmouth College Hanover, NH 03755; USA Phone: +1 (603) Fax: +1 (603) EDUCATION Ph.D in Financial Economics, Stockholm School of Economics, Sweden, B.Ec ("Civilekonom"), Stockholm School of Economics, Sweden, ACADEMIC POSITIONS Associate Professor of Finance, Tuck School of Business at Dartmouth, 2002 present. Assistant Professor of Finance, Tuck School of Business at Dartmouth, ACADEMIC AFFILIATIONS Associate Director of the Center for Corporate Governance, Tuck School of Business at Dartmouth, January 2001 present. Research Affiliate in the Financial Economics Programme of the Centre for Economic Policy Research (CEPR), January 2002 present. Research Associate of the European Corporate Governance Institute (ECGI), August 2004 present. Member of the Academic Advisory Council to the Turnaround Management Association (TMA), 2003 present. 4. ACADEMIC HONOURS Recipient of the Harvey H. Bundy III T 68 Fellowship for outstanding scholarly achievements of non-tenured faculty. 5. PUBLICATIONS 5.1 Journal Articles Eckbo, B. Espen, and Karin S. Thorburn, 2003, Control Benefits and CEO Discipline in Automatic Bankruptcy Auctions, Journal of Financial Economics 69 (1), Thorburn, Karin S., 2003, Corporate Governance Practices in Europe: Enron Antidote? Vermont Law Review 27(4), Thorburn, Karin S., 2000, Bankruptcy Auctions: Costs, Debt Recovery, and Firm Survival, Journal of Financial Economics 58, , lead article. Reprinted in John J. McConnell and David J. Denis (eds.), 2005, Corporate Restructuring, The International Library of Critical Writings in Financial Economics, Edward Elgar Publishing, UK, Eckbo, B. Espen, and Karin S. Thorburn, 2000, Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada, Journal of Financial and Quantitative Analysis 35 (1), 1-25, lead article. Thorburn, Karin S., 1997, Comment on Top Management Compensation and the Structure of the Board of Directors in Commercial Banks, European Finance Review 1 (2), (5) 6/13/2006

2 5.2 Book Chapters Thorburn, Karin S., 2006, Transparency in Bankruptcy Law: A Perspective on Bankruptcy Costs across Europe, in Lars Oxelheim (ed.), Corporate and Institutional Transparency for Economic growth in Europe, International Business and Management Vol. 19, Elsevier, Thorburn, Karin S., 2004, Corporate Governance and Financial Distress, in Leif Appelgren, Hans Sjögren, and Göran Skogh (eds.), Perspective on Economic Crime, Edward Elgar Publishing, Eckbo, B. Espen, and Thorburn, Karin S., 2000, Are Mandatory Bankruptcy Auctions More Efficient? in Bo Green (ed.), Risk Behaviour and Risk Management in Business Life, Kluwer Academic Publishers, Thorburn, Karin S., 2000, Cash Auction Bankruptcy: Summary of the Swedish Evidence, in Bo Green (ed.), Risk Behaviour and Risk Management in Business Life, Kluwer Academic Publishers, Swedish Language Articles Thorburn, Karin S., Eva Redhe and Lena Torlegård, 2002, Vem skall styra företagen i konsumkapitalismens era, Axess 1 (8), Reprinted in Axess 2002: Från stoicism till konsumkapitalism, Axel och Margaret Ax:son Johnsons stiftelse för allmännyttiga ändamål, Thorburn, Karin S., 2002, När grå ekonomi blev svart, Axess 1 (6), Thorburn, Karin S., 1999, Konkurs med auktion: Kostnader, utdelning och VD:s incitament, Beta 13 (2), 1-16, lead article. Reprinted in Karl Gratzer and Hans Sjögren (red), 1999, Konkursinstitutets betydelse i svensk ekonomi, Gidlunds Förlag, Thorburn, Karin S., 1999, En empirisk analys av utdelning i svenska konkurser, in Nya förmånsrättsregler SOU 1999:1, white paper published by the Swedish Ministry of Justice, Elanders Gotab, Stockholm, Bilaga 5, Thorburn, Karin S., 1999, Comment on "Konkurser och företagsrekonstruktioner ur ett rättsekonomiskt perspektiv en litteraturöversikt", in Karl Gratzer and Hans Sjögren (red), Konkursinstitutets betydelse i svensk ekonomi, Gidlunds Förlag, Thorburn, Karin S., 1997, Företag i finansiell kris och konkurs, in Från optionsprissättning till konkurslagstiftning, EFI s Annual, Stockholm School of Economics, Stockholm, 15-30, lead article. 6. WORK IN PROGRESS 6.1 Working Papers Betton, Sandra, B. Espen Eckbo and Karin S. Thorburn, 2005, The Toehold Puzzle. Eckbo, B. Espen, and Karin S. Thorburn, 2006, Bidding in Mandatory Bankruptcy Auctions: Theory and Evidence. Eckbo, B. Espen, and Karin S. Thorburn, 2006, Testing for Fire-Sales in Automatic Bankruptcy Auctions. Hotchkiss, Edith, Kose John, Robert Mooradian, and Karin S. Thorburn, Corporate Bankruptcy and Distressed Restructuring, to be published in Handbook of Corporate Finance: Empirical Corporate Finance, Elsevier/North-Holland. Sandra Betton, B. Espen Eckbo, and Karin S. Thorburn, Corporate Takeovers, to be published in Handbook of Corporate Finance: Empirical Corporate Finance (Elsevier/North-Holland). 6.2 Other Work in Progress Eckbo, B. Espen, Darius Palia and Karin S. Thorburn, CEO Compensation, Pay-Performance Sensitivity, and Total Executive Wealth. Betton, Sandra, B. Espen Eckbo and Karin S. Thorburn, Financing Takeovers. B. Espen Eckbo, and Karin S. Thorburn, Corporate Restructurings, to be published in Handbook of Corporate Finance: Empirical Corporate Finance (Elsevier/North-Holland). 2 (5) 6/13/2006

3 7. ACADEMIC WORKSHOPS AND CONFERENCE PARTICIPATION 7.1 Paper Presentations at Finance Workshops Boston College, 1999 Binghamton University, 2003 Duke University, 1998 Georgetown University, 1999 Gothenburg University, 1998 Harvard Business School, 1998 Norwegian School of Economics and Business Administration, 1996; 1998 Norwegian School of Management, 1997 Pennsylvania State University, 1998 Rutgers University, 2004 Stockholm School of Economics, 1997 Swedish School of Economics, Helsinki, 2003 Tuck School at Dartmouth, 1998, 2002 University of Illinois at Urbana-Champaign, 1998 University of Massachusetts, 2003 University of Toronto, 1998 University of Vienna, 1996 Vanderbilt University, Annual Academic Association Meetings Paper Presentations Western Finance Association (WFA), 1998; 2003; 2006 American Finance Association (AFA), 2002 American Law and Economics Association (ALEA), 1999; 2000; 2003 Association for Financial Economists, 2001 European Finance Association (EFA), 1997; 1998; 1999; 2001; 2006 Financial Management Association (FMA), 2002 Northern Finance Association (NFA), 1998 Financial Management Association (FMA) International, 2000; 2001; 2006 European Financial Management Association (EFMA), Discussant Western Finance Association (WFA) 2003, 2004; 2005 European Finance Association (EFA), 1996, 1997; 1998; 1999; 2001; 2006 Financial Management Association (FMA), 2002 Northern Finance Association (NFA), 1998 Financial Management Association (FMA) International, 2000; 2006 European Financial Management Association (EFMA), Chair Western Finance Association (WFA) 2005 European Finance Association (EFA) Invited Conferences Paper Presentations Wharton Conference on Financial Distress, Bankruptcy and Corporate Restructuring, Philadelphia, 2005 Workshop on Corporate and Institutional Transparency for Economic Growth in Europe, Trolleholm, 2005 Turnaround Management Association s Advanced Education Workshop, Toronto, 2004 UBC Summer Finance Conference (5) 6/13/2006

4 UCLA Michael Brennan Retirement Conference, Sienna, 2003 Linköping International Conference on Economic Crime, 2002 NBER Corporate Finance Program, st Asian Corporate Governance Conference, Seoul, 2001 Utah Winter Finance Conference, 1998; 1999; 2001 CEPR European Summer Symposium in Financial Markets, Gerzensee, 2000 Tuck and JFE Conference on Contemporary Corporate Governance Issues, 2000 Texas Finance Festival, 1999 New Hampshire Spring Finance Conference, 1999 JP Bank s International Money Market Conference, Stockholm, 1998 Riksbankens Jubileumsfond Seminar on Bankruptcy, Stockholm, 1998 Norwegian Research Council s Seminar on Economic Crime, 1997 Stockholm International Seminar on Risk Behaviour and Risk Management, Discussant NBER Entrepreneurship Program, March 2006 Workshop on Corporate and Institutional Transparency for Economic Growth in Europe, Trolleholm, 2005 Tuck Conference on Contemporary Corporate Finance Issues III, Hanover, 2004 Linköping International Conference on Economic Crime, 2002 Tuck and JFQA Corporate Governance Conference, Hanover, 2002 Utah Winter Finance Conference, 2002; 2004 Vanderbilt University Law School Conference on Empirical Research in Corporate, Securities and Bankruptcy Law, 2001 Financial Economics and Accounting Conference, University of Michigan, 2000 New Hampshire Spring Finance Conference, 1999 Riksbankens Jubileumsfond Seminar on Bankruptcy, Stockholm, Panel Participant and Moderator The Tuck-UBS seminar Boardrooms Empowered or in Crisis, London, October 2003 Vermont Law School Seminar on Corporate Social Responsibility/Accountability, 2002 Tuck School Second-Century Seminars, Mexico, Sao Paolo and Buenos Aires, 2002 Tuck s World Business Forum, Tokyo, 2001 Tuck School Centennial Celebration Symposium, Tokyo, 2000 Tuck s World Business Forum, Bretton Woods, General Participant NBER Corporate Finance Program, April 2001; August 2001; November 2001; November 2002; April 2003; May 2005; August 2005 NBER Corporate Governance Program, May 2005 Financial Decisions and Control Workshop, Harvard Business School, 2001 Utah Winter Finance Conference, 2003; 2006 Winter Finance Workshop, Revelstoke, TEACHING 8.1 At Tuck Corporate Restructuring, MBA elective course, 1999-present Structuring Mergers & Acquisitions, MBA elective course, 2005-present Corporate Finance, MBA core course, Accounting and Finance, International Executive Development Program, (5) 6/13/2006

5 8.2 Other Corporate Finance, Restructuring and Governance, Executive MBA course, Bergen, Norway, 2004; 2005; 2006 Amsterdam Institute of Finance, Corporate Restructuring, executive education, OTHER PROFESSIONAL ACTIVITIES 9.1 Editorships Associate Editor, Journal of Corporate Finance, November 2001 present. 9.2 Journal Referee Journal of Finance Journal of Financial Economics Review of Financial Studies Journal of Financial and Quantitative Analysis Journal of Corporate Finance Financial Management Journal of Financial Intermediation Managerial Decision Economics European Finance Review 9.3 Program Committee Member Western Finance Association (WFA) annual meeting, 2003; 2004; 2005; 2006 Utah Winter Finance Conference, 2003; 2004; 2005; 2006 Financial Management Association (FMA) annual meeting, 2002; 2003; 2004; 2005; 2006 Financial Management Association (FMA) International annual meeting, 2000; 2001; 2002; 2003; 2004; 2005; 2006 Tuck and Journal of Financial Economics Conference on Contemporary Corporate Governance Issues, BUSINESS EXPERIENCE (pre-phd) Mercurius Financial Communications, Sweden, Consultant on investor relations issues and initial public offerings. Director of the Board, Uppsala Bostadsrättsföreningars Centralförening, , (company with 35 employees and a turnover of $2 million). ABB Aros Stockbroker AB, Sweden, Advisor in corporate restructuring transactions, including spinoffs and initial public offerings. ABB Financial Services AB, Sweden, Business development and special projects at the holding company of the ABB Financial Services Group, consisting of 40 financial firms around the world. ABB Treasury Center (Sweden) AB, Sweden, Consultant and, from March 1989, Senior Consultant at ABB Treasury Consulting. SHB Kapitalplacering AB, Sweden, Fixed income analyst at Handelsbanken s mutual fund management company. 11. PERSONAL Swedish citizen, US green card holder Born 1964, two children 5 (5) 6/13/2006