Karin S. Thorburn

Professor Karin S. Thorburn

E-mail
Karin.Thorburn@nhh.no
Telephone
+47 55 95 92 83
Department
Finance
Centre
Centre for Corporate Finance
Office
C313
Expertise
Corporate Governance Takeovers Bankruptcy Restructuring IPOs Private Equity Executive Compensation

BIOGRAPHY

Karin S. Thorburn is Research Chair Professor of Finance at Norwegian School of Economics (NHH). Prior to joining NHH in 2009, she was a faculty member at the Tuck School of Business at Dartmouth College for 11 years. She is regularly a Visiting Professor and teaches MBA courses at top US business school, including Haas (UC Berkeley), Wharton (U of Pennsylvania), and Tuck (Dartmouth College). In 2015, she won the master students’ award for teaching excellence at NHH and became a member of Haas’ Club 6.

Thorburn’s research focuses on takeovers, bankruptcy, IPOs, corporate governance, and corporate social responsibility. She regularly publishes in the top academic journals, including Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Financial Intermediation, Journal of Corporate Finance, and Journal of Environmental Economics and Management.

Thorburn currently serves on a committee appointed by the Norwegian government to assess the equity portion of the $850 billion Government Pension Fund Global. She is a Research Associate of the Center for Economic Policy Research (CEPR) in London, a Research Affiliate of the European Corporate Governance Institute (ECGI) in Brussels, a director of the Executive Committee of the European Finance Association, and a director of the board of SEB Investment Management AB. She holds a PhD in financial economics from the Stockholm School of Economics.

Curriculum Vitæ

Faculty webpage at the Wharton School

Faculty webpage at the Haas School

Faculty webpage at the Tuck School

Selected publications

Author(s) Title Publisher
Eckbo, B. Espen, Tanakorn, Makaew, Thorburn, Karin S. Are stock-financed takeovers opportunistic? Forthcoming Journal of Financial Economics, 2017
Eckbo, B. Espen, Thorburn, Karin S., Wang, Wei How Costly Is Corporate Bankruptcy for the CEO? Journal of Financial Economics Volume 121 (1), page 210 - 229, 2016
Bakke, Einar, Leite, Tore, Thorburn, Karin S. Partial Adjustment to Public Information in the Pricing of IPOs. (Forthcoming) Journal of Financial Intermediation, 2016
Betton, Sandra, Eckbo, B. Espen, Thompson, Rex, Thorburn, Karin S. Merger negotiations with stock market feedback Journal of Finance Volume 69 (4), page 1705 - 1745, 2014
Fisher-Vanden, Karen, Thorburn, Karin S. Voluntary corporate environmental initiatives and shareholder wealth Journal of Environmental Economics and Management Volume 62 (3), page 430 - 445, 2011
Thorburn, Karin S., Eckbo, B. Espen, Betton, Sandra Merger Negotiations and the Toehold Puzzle Journal of Financial Economics Volume 91 (2), page 158 - 178, 2009
Eckbo, B. Espen, Thorburn, Karin S. Creditor financing and overbidding in bankruptcy auctions: Theory and tests Journal of Corporate Finance Volume 15 (1), page 10 - 29, 2009
Eckbo, B. Espen, Thorburn, Karin S. Automatic bankruptcy auctions and fire-sales Journal of Financial Economics Volume 89 (3), page 404 - 422, 2008
Eckbo, B. Espen, Thorburn, Karin S. Control benefits and CEO discipline in automatic bankruptcy auctions Journal of Financial Economics Volume 69 (1), page 227 - 258, 2003
Thorburn, Karin S. Bankruptcy Auctions: Costs, Debt Recovery, and Firm Survival Journal of Financial Economics Volume 58 (3), page 337 - 368, 2000
More publications in Cristin

Master level course:

Mergers and Acquisitions

PhD level course:

Empirical Research in Corporate Finance

Dissemination