WP alert: Many CEO deaths trigger large stock price changes—shareholders believe that many CEOs add shareholder value, but others are seen as not optimally matched or overpaid. The evidence suggests that CEOs are important, but also that some reduce shareholder value.
New CEPR Discussion Paper - DP22145
Heterogeneous CEO Death Effects
@DirkJenter @LSEnews @LSEEcon, Egor Matveyev @MIT, Lukas Roth @UAlberta
ow.ly/ygGi5104Ytf
#CEPR_OE #EconTwitter
📢 Last call to sign up for our lecture this Thursday:
🌱📈 From values to impact: what can sustainable investing achieve?
Sustainable investing aims to align portfolios with investors’ values, influence corporate behaviour and deliver competitive financial returns - but can these ambitions be achieved together?
Our annual lecture in honour of @NobelPrize laureate in economics Sir Oliver Hart and supported by Global School of Sustainability at LSE will draw on experimental evidence and economic theory to explore what responsible investors seek, how financial institutions aggregate their preferences, and when divestment, engagement or conditional financing can shape corporate decisions.
How far can private finance generate genuine social and environmental impact - and where does public policy remain indispensable?
🗓 Thursday 12 November 2026 ⏰ 18:30–19:35 GMT
📍 Sheikh Zayed Theatre, The London School of Economics and Political Science (@LSEnews)
Speaker: Augustin Landier (HEC Paris) (@augustinlandier)
Chair: Amil Dasgupta (@LSEfinance & @FMG_LSE)
🎟️Sign up here: fmg.ac.uk/events/values-impa…
#SustainableInvesting #SustainableFinance #ResponsibleInvestment #CorporateFinance #ESG #ImpactInvesting #PublicPolicy #LSESustainableInvesting #FinancialMarketsGroup #FMG #LSE #GSoS
Dirk Jenter retweeted
PhD students in finance, economics, or management who study or are interested in private capital markets: the Private Capital PhD Workshop runs June 14 – 18, 2027 at Imperial College London. Applications close January 15, 2027.
Very excited about Augustin Landier's lecture on Sustainable Investing and Impact (or the lack thereof) at LSE next week (Thursday November 12 at 6:30 pm).
This is our annual lecture in honour of Nobel laureate Sir Oliver Hart.
Open to the public: fmg.ac.uk/events/values-impa…
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Dirk Jenter retweeted
At @RefineDotInk, we're hiring a Chief of Staff: remote, UK/Europe-based.
Refine is a venture-backed applied AI lab developing tools for verification of knowledge work, advised by top names in AI.
This is a business role supporting the CEO.
Details: (please like/RT!)
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❓Why do smart investors make crazy decisions?
@FMG_LSE was delighted to host Alex Edmans on Monday night at the Old Theatre for a public lecture and book launch of The Madness of Markets: Why Smart Investors Make Crazy Decisions – and How to Exploit Them.📕
From overreaction and underreaction to overconfidence, Alex brought investor psychology to life with vivid examples of how our biases shape financial decisions and move markets.
A packed room, a lively discussion, and a diverse audience bringing fresh perspectives to the conversation!
👏 A huge thank you to @aedmans for an engaging and thought-provoking lecture, @peng_cameron for chairing, and to everyone who joined us!
#BehaviouralFinance #LSEMadnessofMarkets #BookLaunch #FinancialMarketsGroup #FMG #LSE
Dirk Jenter retweeted
"In Defence of Business School": my response to the NYT op-ed that misportrays both business and business schools and makes large, unsupported leaps to claim unwarranted conclusions.
alexedmans.com/in-defence-of…
⛓️ The Myths of Blockchain Governance
📰 Read this recent Journal Article by Daniel Ferreira:
🔗 fmg.ac.uk/publications/acade…
Corporate Governance: An International Review, 34 (1), 154-162.
#BlockchainGovernance #CorporateGovernance #Decentralization #FinancialMarketsGroup #FMG #LSE
📈 The Madness of Markets: why smart investors make crazy decisions – and how to exploit them
Why do investors chase AI stocks that bleed losses? Why do they ignore glaring opportunities hiding in plain sight? Why does the stock market fall after a football defeat, or rise on a sunny day?
Join us for this talk, based on a brand-new book, in which Professor Alex Edmans reveals how mood, emotion and social contagion lead even seasoned professionals to make irrational decisions.
🗓 Monday 26 October 2026 ⏰ 18:30–19:30 GMT
📍 Old Theatre, LSE @LSEnews
🗣️Speaker: Alex Edmans @aedmans (London Business School)
🗣️Chair: Cameron Peng @peng_cameron (LSE Department of Finance @LSEfinance & FMG)
🎟️Register here: fmg.ac.uk/events/madness-mar…
#Investment #BehaviouralFinance #SmartInvesting #FinancialMarketsGroup #FMG #LSE
Last week we held the inaugural LSE Corporate Governance Summer School.
30 PhD students engaged with cutting-edge research in corporate governance, including investor activism, the role of asset managers, executive incentives, and organisational economics.
It was a lot of fun!
Last week, the FMG welcomed 30 PhD students from around the world to our inaugural Corporate Governance Summer School — and we were delighted to see them enjoy such a rewarding experience.
Across four inspiring days, participants engaged with cutting-edge research and key questions in corporate governance, including investor activism, the role of asset managers, executive incentives, and organisational economics.
Students also had the opportunity to have lively discussions and exchanges with our esteemed professors, including Mike Burkart, Amil Dasgupta, Daniel Ferreira, and @DirkJenter from LSE Finance and the FMG.
#CorporateGovernance #Research #FinancialMarketsGroup #FMG #LSE
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Dirk Jenter retweeted
Goodbye to one of the greats, my advisor Jeff Williamson (1935–2026)
Jeff your unstoppable intellect & excitement were contagious. I owe everything I have to your rare faith in me.
From the many like me: Our deepest and forever thanks. Your work & your self will be remembered.
Looking forward to the first LSE Corporate Governance Summer School next week (7–10 September 2026)!
Taught by my esteemed colleagues Amil Dasgupta, Daniel Ferreira, Mike Burkart, and me.
More information, including program & reading list: fmg.ac.uk/events/lse-corpora…
Dirk Jenter retweeted
I just gave the keynote at the European Finance Association Meetings. It was about how not to and how to do mechanism tests in empirical finance. Here are the slides. static1.squarespace.com/stat…
The amazing* Kalina Manova discusses her new paper about "tariff confusion." The evidence suggests that it had important effects on firm behavior. Highly recommended!
cepr.org/multimedia/tariff-c…
(*I am not just saying this because we are married.)
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Dirk Jenter retweeted
Some news about @RevEconStudies.
New journal: Restud Insights. Accepting submissions Sept 2026.
2 types of articles: "Insights" (similar to AER Insights) and "Communications" (2k words + 2 exhibits).
It will be an “up-or-out” editorial process.
More info soon.
Dirk Jenter retweeted
📢I’m teaching a PhD course on "Transforming Economic and Financial Research with AI" at NHH, 12–15 October.
We’ll cover LLMs at scale, AI-powered research workflows, and agentic coding.
Guest lectures by Luca Braghieri & Chris Roth.
Application link in reply. Please RT!
Dirk Jenter retweeted
A friendly reminder to investors considering the upcoming mega AI/tech IPOs—SpaceX, OpenAI, Anthropic:
Dirk Jenter retweeted
With my great co-authors at @CenTaxUK, we have built a matched worker-to-firm database for the UK: the Business-to-Worker Register.
It covers the universe of UK workers (not just employees) and all UK organisations (not just employers, corporations or private sector).
Short 🧵
The FMG monthly e-bulletin is live:
mailchi.mp/mail.lse.ac.uk/fm…
✔️ Key updates
✔️ Fresh insights
✔️ What's next
Sign up to receive future updates straight to your inbox:
fmg.us3.list-manage.com/subs…
#eBulletin #FinancialMarketsGroup #FMG #LSE
📢 Don’t miss this event tomorrow:
🏛️ Public Lecture - The quiet erosion of central bank independence
7 May | 6.00PM | London
@Isabel_Schnabel, Member of the Executive Board of the @ecb, will discuss the risks to central bank independence from fiscal and financial dominance.
She will address the measures required to maintain central bank independence and ensure effective monetary policy-making and macroeconomic stability.
🗓 Thursday 7 May 2026
⏰ 18:00–19:30 BST
🗣️Speaker: Isabel Schnabel (ECB)
🗣️Chair: @MartinOehmke (@LSEfinance & @FMG_LSE)
📍 The London School of Economics and Political Science (LSE)
🎟️Register here: fmg.ac.uk/events/quiet-erosi…
#LSEGoodhart #monetarypolicy #ECB #FinancialMarketsGroup #FMG #LSE





























