NYU Stern

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Alexander Ljungqvist

Alexander Ljungqvist

Joined Stern 2000

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 9-160
New York, NY 10012

E-mail aljungqv@stern.nyu.edu
Personal website

Biography

Alexander Ljungqvist is the Ira Rennert Chair in Finance and Entrepreneurship at New York University Stern School of Business, where he teaches a M.B.A. courses in financing new ventures and a Ph.D. seminar in corporate finance.

Professor Ljungqvist has been with NYU Stern since 2000 and was tenured in 2005. His primary research areas include financial intermediation, investment banking, initial public offerings, entrepreneurial finance and venture capital, corporate governance, and behavioral corporate finance. He has published articles in these areas in all the leading scholarly journals, including the Journal of Finance, the Review of Financial Studies, and the Journal of Financial Economics. He is the author of Going Public, a survey of work on IPOs published by Oxford University Press (second ed., 2001). He currently serves as editor on the board of the Review of Financial Studies.

At NYU's Salomon Center, Professor Ljungqvist directs the School's research activities in the field of alternative investments. He has been Director of Research of NYU's Berkley Center for Entrepreneurial Studies since 2005.

Prior to joining NYU, Professor Ljungqvist taught at London Business School and Oxford University's Said Business School. He has worked for Deutsche Bank, Berenberg Bank, Schroder, Munchmeyer, Hengst & Co., the Swedish Trade Council, and the Swedish Foreign Ministry. Between 1995 and 2000, he was a senior consultant with OXERA Ltd.

Professor Ljungqvist received his Master of Science in economics and business from Lund University in Sweden, and his Master of Philosophy and Doctor of Philosophy in economics from Nuffield College at Oxford University.

Research Interests

  • Financial Intermediation
  • Investment Banking
  • Initial Public Offerings
  • Entrepreneurial Finance
  • Corporate Governance

Courses Taught

  • New Venture Financing
  • Seminar in Banking and Corporate Finance

Academic Background

Ph.D., Economics, 1996
Nuffield College, Oxford University, England

M.A., 1995
Oxford University, England

M.Phil., Economics, 1994
Nuffield College, Oxford University, England

M.Sc., Economics and Business, 1992
Lund University, Sweden

Awards & Appointments

 
Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship 2011
European Finance Association meetings, Bergen Argentum Best Paper Prize 2009
NYU Teaching Excellence Award 2009
NYU Glucksman Award 2008
Best Paper Award in Financial Markets, FMA meetings, Dallas 2008
Barclays Global Investors Prize for Best Paper, Sydney 2007
NYU Glucksman Award 2007
NYU Nominated for "Professor of the Year" Award 2005

Selected Publications

J. Asker, A. Ljungqvist (2010)
Competition and the Structure of Vertical Relationships in Capital Markets
Journal of Political Economy

Y. Hochberg, A. Ljungqvist, Y. Lu (2010)
Networking as a Barrier to Entry and the Competitive Supply of Venture Capital
Journal of Finance

F. Marston, A. Ljungqvist, W.J. Wilhelm (2009)
Scaling the Hierarchy: How and Why Investment Banks Compete for Syndicate Co-Management Appointments
Review of Financial Studies

A. Ljungqvist, F. Marston, C. Malloy (2009)
Rewriting History
Journal of Finance

A. Ljungqvist, F. Marston, L. Starks, K. Wei, and H. Yan (2007)
Conflicts of Interest in Sell-side Research and the Moderating Role of Institutional Investors
Journal of Financial Economics

Areas of Expertise

Entrepreneurship

  • Venture Capital/Financing

Finance

  • Corporate Governance
  • IPOs
  • Investment Banking
  • Private Equity Funds

Industry

  • Investment Banking