Docstoc

CV Jeroen Derwall_Dec2007

Document Sample
CV Jeroen Derwall_Dec2007 Powered By Docstoc
					                                     CURRICULUM VITAE


Personal Information

Name                  Jeroen Derwall
City                  Maastricht
E-mail                j.derwall@finance.unimaas.nl
Nationality           Dutch


Academic Education

2003 – 2006           PhD. in Financial Management, Erasmus Research Institute of Management, RSM
                      Erasmus University
                      PhD. Thesis: The Economic Virtues of CSR and SRI (Promotor: Prof. Dr. C.G.
                      Koedijk)

1997 – 2002           Economics, Maastricht University, The Netherlands
                      Graduation in finance (quantitative style rotation methods)


Recent Experience

2006 –                Assistant Professor, Maastricht University, Economics and Business Administration

2006 – 2007           Assistant Professor, RSM Erasmus University, Dept. Financial Management

2003 – 2005           PhD. Researcher, ERIM, RSM Erasmus University, Rotterdam

2003 – 2003           Full-time Researcher, Erasmus Universiteit Rotterdam/FBK


Teaching Activities

2006 – 2007           - “Socially Responsible Investing”, RSM Bachelor’s Thesis Course
                         (Coordinator/Teacher)
                      - RSM Master Elective “Risk Management” (VaR, Credit VaR), Lecturer
2006 –                - “Value-Based Management”, Maastricht University Minor’s Course
                        (Coordinator/Lecturer. Course grade 7.9/10 in 2006)
2005 – 2006           - “International Finance”, RSM Bachelor’s Thesis Course (Coordinator/Lecturer)
                      - “Corporate Finance”, Master in Hospitality Management (Lecturer)
                      - “Excel in Finance”, Amsterdam Graduate Business School (Lecturer)
2003 – 2005           - “Financial Crises and Crashes”, RSM Bachelor’s Thesis Course (Supervisor)
                      - “International Financial Management”, 2nd year RSM IBA course (Lecturer)

2003 – ongoing        - Master’s Thesis Supervisor on Mutual Fund Performance, SRI, Investment
Other Activities

2007 –             Coordinator and lecturer of educational program for Dutch financial analysts (FBA,
                   block “Equity Portfolio Management”), Free University of Amsterdam.

                   Columnist for Dutch MVO (CSR) platform “CSR Academy”

2006 –             Co-founder and research director, European Centre for Corporate Engagement,
                   International Research Platform for Sustainable Business, Sustainable Investment,
                   and Corporate Engagement, sponsored and funded by leading institutional investors
                   and non-profit organizations. See http:///www.corporate-engagement.com

                   Independent advisor and consultant for investment practitioners, consultants, and
                   companies involved in sustainable investments or investment analysis. (Recent
                   projects: defined benefit plan performance evaluation, pension fund employee
                   survey, sustainable investment product development).

2006 - 2007        Member of Erasmus Data Centre team and advisory board.

                   On-site research coach/supervisor for students participating in RSM International
                   Business Projects.

2004 –             Workshop-, seminar- and conference presentations for professional asset managers
                   and academics: Dexia AM (Amsterdam, June 2004), Marcus Evans SRI Conference
                   (Londen, June 2004), 2005 Sustainable Business Conference (Frankfurt, April 2005),
                   EFMA Conference (Basel, June 2004), Meeting of the European Finance
                   Association (Discussant, Maastricht, August 2004), FMA Conference (Chicago,
                   October 2005) , 2005 Academy of Management Meetings (Hawaii, August 2005),
                   FMA Europe Conference (Stockholm, June 2006), Information Management
                   Network (Stockholm, May 2006), Institutional Shareholder Services (Paris,
                   Amsterdam, London, 2006), BNG Capital Management (Eindhoven, September
                   2006), Umea School of Business Seminar (Umea, November 2006), Dexia AM
                   (Amsterdam, 2007), Academy of Management Conference (Philadelphia, August
                   2007), FMA Conference (Orlando, October 2007), BGI Active Equity Seminar
                   (London, November 2007), AXA Responsible Investment Conference (Bordeaux,
                   November 2007).

                   Referee for The Financial Analysts Journal, Journal of Banking and Finance,
                   Sustainable Development.

2006 –             Managing Research Projects:
                   Co-managing MISTRA research project on sustainable investing and shareholder
                   engagement for institutional investors (Funded for approx 1.7 million EUR for 2006-
                   2008), joint with Swedish universities en sustainability rating firms.

                   Co-managing research project on sustainable investing funded by ABP, Fortis, and
                   other institutional investors (2006-2008) on behalf of RSM Erasmus University and
                   Maastricht University.
Recent Publications and Reports

2004 –             “The Real-Time Predictability of the Size and Value Premium in Japan” (with R.
                   Bauer and R. Molenaar), Pacific-Basin Finance Journal, vol 12(5), 2004.

                   “The Eco-Efficiency Premium Puzzle” (with N. Guenster, R.Bauer and K. Koedijk),
                   Financial Analysts Journal, vol. 61(2), March/April, 2005.

                   “The Ethical Mutual Fund Performance Debate: New Evidence from Canada” (with
                   R. Bauer and R. Otten), Journal of Business Ethics, vol. 70(2), 2007.

                   “Hot Hands in Bond Funds” (with J. Huij), Working Paper, 2007, forthcoming in
                   Journal of Banking and Finance.

                   “Socially Responsible Fixed-Income Funds” (with K. Koedijk), Journal of Business
                   Finance and Accounting, conditionally accepted, 2007.


                   Research Reports/Working Papers/Work in Progress

2005 –             “The Economic Value of Corporate Eco-Efficiency” (with N. Guenster, R. Bauer
                   and K. Koedijk), 2005, Academy of Management Meetings Paper.

                   “SRI Mutual Fund Performance: A Survey”, (with R.Bauer and K. Koedijk),
                   Working paper, 2005.

                   “Are Style Risk Premiums Ex Ante Predictable?” (with R. Bauer and R. Molenaar),
                   Working Paper, 2005.

                   “Human Capital Management and Financial Markets” (with N. Guenster and K.
                   Koedijk), Working Paper, 2006.

                   “Terrorism, Catastrophes and Stock Markets” (with D. Brounen), 2006, under
                   review at European Financial Management.

                   “The Cross-Section of Expected Corporate Bond Returns” (with J. Huij and G. de
                   Zwart), in progress.

                   “The Effects of Social Responsibility in Financial Markets on Corporate Behavior:
                   Empirical Evidence” (with P. Verwijmeren), in progress, 2007 Academy of
                   Management Conference Paper.

                   “Corporate Governance and the Cost of Equity Capital: Evidence from GMI’s
                   Overall Governance Rating” (with P.Verwijmeren), ECCE research note 06-01.

                   “Industry-Specific Momentum and Mutual Fund Performance Evaluation: the Case
                   of REITs” (with D. Brounen, J. Huij and W. Marquering), in progress.
                     “Corporate Social Responsibility, Corporate Governance, and the Cost of Debt”
                     (with D. Hann, R. Bauer and S. Deutschmann), in progress.

                     “The Performance of Defined Benefit Plans: Evidence from the Netherlands” (with
                     R.Bauer), in progress.


Research Interests

                     - Mutual funds and performance attribution
                     - Portfolio management
                     - Empirical asset pricing
                     - Style investing
                     - Sustainable investing and corporate social responsibility


Awards/Funding

                     “2005 European Prize on Finance and Sustainable Development” for best research
                     contribution in the field of sustainable development (best article), awarded by French
                     Social Investment Forum, December 2005

                     “2005 Moskowitz Prize” for best quantitative research in the area of socially
                     responsible investments, awarded by the Haas School of Business and the U.S.
                     Social Investment Forum, September 2005.

                     The 3-year MISTRA research grant, awarded by the Foundation for Strategic
                     Environmental Research (MISTRA, 2005). Research consortium with Umea
                     University, GES Investment Services, the Stockholm Institute for Financial
                     Research, Maastricht University, and Innovest Strategic Value Advisors. Project
                     receives formal endorsement by many institutional asset management firms, such as
                     ABP, PGGM, State Street Global Advisors, Hermes Asset Management, AP7 (2006-
                     2008).

                     Nominated for the Hustinx             Award     (“Hustinxstipendium     voor    jonge
                     wetenschappers”) in 2007.


References

                     Prof. Dr. Kees Koedijk, Tilburg University, CEPR and ECCE, c.koedijk@uvt.nl

                     Prof. Dr. Rob Bauer, Maastricht University, Netspar/UMBS, and ECCE,
                     r.bauer@finance.unimaas.nl

                     Prof. Dr. Piet Eichholtz, Maastricht            University,   and    Finance    Ideas,
                     p.eichholtz@finance.unimaas.nl