
University of Melbourne
Brings energy and passion to every lesson.
Encourages students to think critically.
Inspires curiosity and a thirst for knowledge.
Inspires students to love learning.
Great Professor!
Professor Patrick Verwijmeren is a Professor of Corporate Finance at the Erasmus School of Economics, Erasmus University Rotterdam, and serves as a part-time Research Professor and Honorary Visiting Professorial Fellow in the Finance department of the Faculty of Business and Economics at the University of Melbourne. He earned his PhD, Master's (Coursework and Research), and Bachelor's degrees from Erasmus University Rotterdam. Prior to his current roles, he was affiliated with VU University Amsterdam and held positions at the University of Melbourne, where he taught courses including Advanced Corporate Finance (2009, 2011-2013), Financial Management (2008-2009), Corporate Financial Policy (2010), and Financial Decision Making (2010). He has also been a visiting scholar at Vanderbilt University, Stanford University, New York University, and London Business School. Additionally, he is a research fellow at the Tinbergen Institute and holds a part-time Research Professor position at the University of Glasgow Adam Smith Business School.
Patrick Verwijmeren's research specializes in convertible securities, short sales, corporate governance, capital structure, debt-equity decisions, corporate social responsibility, and art investing. His publications appear in top-tier journals such as the Journal of Financial Economics, Journal of Finance, Review of Financial Studies, Management Science, and The Accounting Review. Among his most cited works are "Director skill sets" with Renee B. Adams and Ali C. Akyol (Journal of Financial Economics, 2018, 383 citations), "Employee well-being, firm leverage, and bankruptcy risk" with Jeroen Derwall (Journal of Banking & Finance, 2010, 382 citations), "Firms’ debt–equity decisions when the static tradeoff theory and the pecking order theory disagree" with Abe de Jong and Marno Verbeek (Journal of Banking & Finance, 2011, 323 citations), "Do option markets undo restrictions on short sales? Evidence from the 2008 short-sale ban" with Bruce D. Grundy and Bryan Lim (Journal of Financial Economics, 2012, 204 citations), and "Does it pay to invest in art? A selection-corrected returns perspective" with Arthur Korteweg and Roman Kräussl (Review of Financial Studies, 2016, 187 citations). He has presented at international conferences including the Western Finance Association, American Finance Association, and European Finance Association meetings, and delivered TEDx talks. His research on proxy access has been cited in U.S. Securities and Exchange Commission rulings, and he co-authored a report for the Dutch Ministry of Finance on hedge funds' influence. His work on art investing has featured in Forbes Magazine and the Wall Street Journal. Verwijmeren received the Netherlands Organisation for Scientific Research VIDI grant for "Forensic Finance" (2013-2018, €800,000), an Australian Research Council grant (2014-2016, AUD $180,000), a Research Excellence Initiative Grant (€2,000,000), and several University of Melbourne research grants including the Melbourne Early Career Researcher Grant (2010, AUD $20,017).
Professional Email: patrick.verwijmeren@unimelb.edu.au