Professor Jens Hagendorff

Picture of Jens Hagendorff

Martin Currie Professor of Finance & Investment

Email: SmVucy5IYWdlbmRvcmZmQGVkLmFjLnVr
Phone: +44(0)131 6502796
Room: 2.30


Profile

Background

Jens Hagendorff is the Martin Currie Professor in Finance & Investment at The University of Edinburgh. Jens previously worked at the Financial Stability Department of The Bank of Spain and as a lecturer at The University of Leeds. Jens held visiting positions in the U.S., Italy, and Spain, most recently as a visiting fellow at The Federal Reserve Bank of Atlanta and the Bank of Spain in Madrid.

Jens publishes and lectures on a range of topics in finance, banking and investments. He has developed and delivered executive education programmes around finance, investment management, banking and bank regulation for major global banks and asset management firms. Jens also acts as an advisor/consultant to commercial and central banks as well as to asset management firms on finance, investment and banking issues.

He is a regular speaker at international conferences and corporate events as well as meetings organized by central banks, governments, and international organizations, including The Federal Reserve Bank of Chicago and The Federal Deposit Insurance Corporation (FDIC) in Washington DC.

In 2013, Jens was elected a member of the Royal Society of Edinburgh Young Academy. He is a member of the CFA UK Examinations & Education Committee.

Research interest terms

  • Finance & investment
  • Financial accounting
  • Statistics for finance
  • Banking
  • Corporate finance
  • Corporate governance
  • Corporate pension risk analysis
  • Financial econometrics

Research interests

Jens publishes on banking, finance and asset management topics, including:

- bank risk and systemic risk;
- corporate governance and the risk/return profile of organisations;
- bank regulation, especially capital adequacy under Basel;
- portfolio optimization using alternative assets; and
- insurance securitization and insurance-linked securities such as catastrophe bonds.

Jens's work has been published in leading international journals such as Review of Finance, Journal of Corporate Finance, Journal of Banking & Finance, European Financial Management, and Journal of Financial Services Research. Jens is one of the authors of ‘Size, Risk and Governance in European Banking’ a book which has just been published with Oxford University Press.

Group membership

PhD Supervision

Jens is supervising 3 PhD students


Publications

Can Bank Boards Prevent Misconduct?

Nguyen, Hagendorff and Eshraghi. (2015) Review of Finance.
Research output: Article.

Which executive characteristics create value in banking? Evidence from appointment announcements

Nguyen, Hagendorff and Eshraghi. (2015) Corporate Governance: an International Review 23 (2). 112-128.
Research output: Article.

The Impact of Mega-Catastrophes on Insurers: An Exposure-Based Analysis of the U.S. Homeowners’ Insurance Market

Hagendorff, Hagendorff and Keasey. (2015) Risk analysis 35 (1). 157-173.
Research output: Article.

CEO Inside Debt Holdings and Risk-shifting: Evidence from Bank Payout Policies

Srivastav, Armitage and Hagendorff. (2014) Journal of Banking & Finance 47. 41-53.
Research output: Article.
View / download (open access)

Corporate Governance in Banking

Oxford Handbook in Banking

Hagendorff. (2014).
Research output: Chapter (peer-reviewed).

The Risk Implications of Insurance Securitization: The Case of Catastrophe Bonds

Hagendorff, Hagendorff, Keasey and Gonzalez. (2014) Journal of Corporate Finance 25. 387-402.
Research output: Article.
View / download (open access)

The Risk Sensitivity of Capital Requirements

Evidence from an International Sample of Large Banks

Vallascas, F. and Hagendorff, J. (2013) Review of Finance 17 (6). 1947-1988.
Research output: Article.

CEO Bonus Remuneration and Bank Default Risk: Evidence from the U.S. and Europe

Vallascas, F. and Hagendorff. (2013) Financial Markets, Institutions & Instruments 22 (2). 47-89.
Research output: Article.

The Shareholder Wealth Effects of Insurance Securitization: Preliminary Evidence from the Catastrophe Bond Market

Hagendorff, Hagendorff and Keasey. (2013) Journal of Financial Services Research 44 (3). 281-301.
Research output: Article.
View / download (open access)

Size Risk and Governance in European Banking

Hagendorff, Keasey, K. and Vallascas. (2013).
Research output: Book.

Do Announcements about Corporate Social Responsibility Create or Destroy Shareholder Wealth? Evidence from the UK

Clacher and Hagendorff. (2012) Journal of Business Ethics 106 (3). 253-266.
Research output: Article.
View / download (open access)

What Do Premiums Paid for Bank M&As Reflect? The Case of the European Union

Hagendorff, Hernando, Nieto and Wall. (2012) Journal of Banking & Finance 36 (3). 749-759.
Research output: Article.

Pay and Risk-taking in Banking: The Roles of Bonus Plans and Deferred Compensation in Curbing CEO Risk Appetite

International Research Handbook for Banking and Governance

Hagendorff, J. and Vallascas. (2012).
Research output: Chapter.

CEO Pay Incentives and Risk-taking: Evidence from Bank Acquisitions

Hagendorff and Vallascas. (2011) Journal of Corporate Finance 17 (4). 1078-1095.
Research output: Article.
View / download (open access)

The impact of European bank mergers on bidder default risk

Vallascas and Hagendorff. (2011) Journal of Banking & Finance 35 (4). 902-915.
Research output: Article.
View / download (open access)

Board Monitoring, Regulation and Performance in the Banking Industry: Evidence from the Market for Corporate Control

Hagendorff, Collins and Keasey. (2010) Corporate Governance: an International Review 18 (5). 381-395.
Research output: Article.
View / download (open access)

Post-merger Strategy and Performance: Evidence from the US and European Banking Industries

Hagendorff, J. and Keasey, K. (2009) Accounting and Finance 49. 725-751.
Research output: Article.
View / download (open access)

Investor Protection and the Value Effects of Bank Merger Announcements in Europe and the US

Hagendorff, Collins and Keasey. (2008) Journal of Banking & Finance 32 (7).
Research output: Article.
View / download (open access)

Bank Governance and Acquisition Performance

Hagendorff, Collins, M. and Keasey, K. (2007) Corporate Governance: an International Review 15 (5). 957-968.
Research output: Article.