Graduate School of Management, University of Rochester, NY, PhD (Finance and Economics), 1981
Graduate School of Management, University of Rochester, NY, MSc (Finance and Economics), 1980
Norwegian School of Economics and Business Administration, MSc (Economics and Finance), 1977
Norwegian School of Economics and Business Administration, BSc (Economics), 1975
Tuck School of Business at Dartmouth, USA: 1998–present, Tuck Centennial Chair in Finance, Founding Director, Lindenauer Center for Corporate Governance
Norwegian School of Economics and Business Administration, Norway: 1990–2011, Adjunct Professor of Finance
Stockholm School of Economics, Sweden: 1996-98, Gösta Olson Chair in Finance
Norwegian School of Management, 1993-94, Finn Øyen Chair in Finance (on leave from UBC)
University of British Columbia, Canada: 1981-96, Professor of Finance 1992-96, Associate Professor of Finance (with tenure) 1987-92, Assistant Professor of Finance 1981-87
Sloan School of Management, MIT, 2001-02 (taught PhD course)
Owen Graduate School of Management, Vanderbilt University, winter 1997
Norwegian School of Management (BI), 1993-94
Norwegian School of Economics (NHH), Professor II (adjunct) 1990 — (taught PhD courses)
INSEAD, spring 1987
Graduate School of Management, UCLA, 1985-86
AWARDS AND DISTINCTIONS
2022 Review of Finance finalist for the Pagano-Zechner Award for Best Non-Investment Paper;
2011: Honorary Doctoral Degree (Docteur Honoris Causa), awarded by the Norwegian School of Economics.
2012: Best Conference Paper, 2012 European Financial Management Association Meeting, “How Costly is Corporate Bankruptcy for Top Executives?” (with Karin S. Thorburn and Wei Wang).
Best Paper Award, Journal of Corporate Finance, 2009, “Creditor Financing and Overbidding in Bankruptcy Auctions” (with Karin S. Thorburn).
Best Conference Paper Runner-up Award, 2006 meetings of the European Finance Association: “Merger Negotiations and the Toehold Puzzle” (with Sandra Betton and Karin S. Thorburn).
All Star Paper, Journal of Financial Economics, 2000, "Seasoned Public Offerings: Resolution of the 'New Issues Puzzle'," (with Ronald W. Masulis and Øyvind Norli).
All Star Paper, Journal of Financial Economics, 1986, "Valuation Effects of Corporate Debt Offerings."
All Star Paper, Journal of Financial Economics,1983, "Horizontal Merger, Collusion, and Stockholder Wealth."
The 2001 Barclays Global Investors/ Michael Brennan Prize for Best P in the Review of Financial Studies, 2000: "Toeholds, Bid Jumps, and Expected Payoffs in Takeovers," (with Sandra Betton).
Smith-Breeden Prize Nominee for Best Paper in the Journal of Finance, 1999, "The Conditional Performance of Insider Trades," (with David Smith).
Harry G. Johnson Prize for Best Paper in the Canadian Journal of Economics, 1986, "Mergers and the Market for Corporate Control: The Canadian Evidence."
Visiting Research Fellow, University of Adelaide, 2011-2012.
Visiting Research Fellow, London Business School, 2012.
Batterymarch Fellowship (awarded in a worldwide competition among untenured financial economists under the age of 40), 1987.
Research Fellow, Center for Corporate Governance, Drexel University, 2009-present.
Research Associate, European Corporate Governance Institute (ECGI), 2002-present.
Research Fellow of the Center For Economic Policy Research (CEPR), London, 1999-2005.
Doctoral Fellowship, University of Rochester, 1977-81.
Doctoral Fellowship, Norwegian School of Economics and Business Administration, 1977-81.
Honorary Doctoral Degree (Docteur Honoris Causa), awarded by the Norwegian School of Economics and Business Administration (2011).
Congressional Testimony: "The Government as Active Shareholder" given to The Congressional Domestic Policy Subcommittee of The Oversight and Governance Reform Committee, U.S. Congress, December 16, 2009.
Honorary Master of Arts, Dartmouth College, 2000.
Research Scholar, School of Business, Indian University, October 1996.
Prize for Excellence in Research, awarded by the Faculty of Commerce, University of British Columbia, 1986.
Norwegian School of Management: 2011
Norwegian School of Economics: 2011
Norwegian National Research Council: annually, 1992-2001.
Norwegian Ministry of Finance: 1991, 1997.
Swedish Ministry of Justice: 1999-2002.
Social Sciences and Humanities Research Council of Canada: 1984-87, 1989-92.
Government of British Columbia: 1984, 1987-90.
Government of Canada (Bureau of Competition Policy): 1984, 1988.
U.S. Federal Trade Commission: 1984.
Founding co-editor, European Finance Review (the journal of the European Finance Association), 1997-2003 (journal renamed the Review of Finance in 2003).
Co-editor, Journal of Financial Economics, Volume 69, issue 1 (Tuck Symposium on Corporate Governance), 2003.
Advisory Editor Journal of Economics and Business, 1987-96 Handbooks in Financial Economics (World Scientific Publishers), 2009–present Handbooks in Finance (North-Holland/Elsevier Handbook Series), 2007–present
Associate Editor (current)
2006-Present: European Financial Management
1998-Present: Finance India
1994-Present: Journal of Corporate Finance
Associate Editor (past)
2003-2010: Review of Finance
2003-2015: Finance Research Letters
1994-2016: Journal of Empirical Finance
1992-2001: Review of Financial Studies
1993-2000: Journal of Financial Research
1990-1997: Financial Management
1988-1996: Canadian Investment Review
1987-1996: Journal of Economics and Business
Scientific Board, European Center for Corporate Control Studies, (France), 2008-present.