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Ulrich Hege is Professor of TSE (Toulouse School of Economics) since January 2016 and Vice-President of TSE since 2018. He has also served as Director of TSE. Prior to joining TSE, he was Professor and Associate Dean at HEC Paris. He has also held previous faculty positions at Tilburg University (Netherlands) and ESSEC (Paris), and has been a Visiting Associate Professor at London Business School and at New York University Stern School of Business. He earned M.A. degrees in Economics from the University of Frankfurt (Germany) in 1989 and from Princeton University in 1992, and received a Ph.D. degree in Economics from Princeton University in 1994 with a doctoral thesis on financial contracting.

His main research area is in Financial Economics, but he also worked on questions in contract theory, entrepreneurship, regulation, and in law and economics. A particular focus of his research is corporate finance, where he has worked and extensively published on topics such as mergers and acquisitions, venture capital and private equity, corporate governance, debt restructuring and bankruptcy. His research has been published in the Review of Financial Studies, Journal of Financial Economics, Management Science, Rand Journal of Economics, Journal of Business, Review of Finance, Harvard Business Review, and in other prestigious international journals.

Ulrich Hege is a Research Affiliate with ECGI, the European Corporate Governance Institute, and an Associate Editor of the journals Finance and Bankers, Markets, Investors, and Revue Française de Gouvernance d'Entreprise. He has received numerous grants from the European Commission and private foundations, including a research chair sponsored by the French Banking Association. He was a two-times member of the executive board of the European Finance Association, and is a Member of the Academic Board of the Argentum Centre for Private Equity at NHH Bergen.

Research Interests

Private equity, Leveraged buyouts, Mergers and acquisitions, International mergers and acquisitions. Venture capital, Corporate ownership structure, Large shareholders, Activist investors. Pyramidal ownership,

Working Papers


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