Hendrik Bessembinder
A. Blaine Huntsman Chaired Presidential Professor
Department of Finance
Email: finhb@business.utah.edu
Degrees:
1986 PHD University of Washington
1978 MBA Washington State University
Teaching Areas:
Corporate Finance, Financial Markets
Research Statements:
Financial Markets, including market design and trading costs, Stock Markets, Foreign Exchange Markets, Derivative Security Markets, Energy Markets, Risk Pricing, Risk Management, and International Financial Management
Chapters
- "Trading Costs and Return Volatility: Evidence From Exchange Listings" Market Liquidity, Elsevier Publishing. (2008)
Co-Author(s): Subhrendu Rath
Journal Articles
- "Measuring Abnormal Bond Performance" Review of Financial Studies. (Forthcoming)
Co-Author(s): William Maxwell, Kathleen Kahle, Danielle Xu - "Transparency and the Corporate Bond Market" Journal of Economic Perspectives. (2008)
- "Gains From Trade Under Uncertainty: The Case of Electric Power Markets" Journal of Business. (2006)
Co-Author(s): Michael Lemmon - "Introduction to the JFQA 2006 Symposium on Analysts" Journal of Financial and Quantitative Analysis. (2006)
- "Market Transparency, Liquidity Externalities, and Institutional Trading Costs in Corporate Bonds" Journal of Financial Economics. (2006)
Co-Author(s): William Maxwell, Kumar Venkataraman - "Ongoing Issues in Assessing Trade Execution Costs" Journal of Financial Transformation. (2005)
- "Does an Electronic Stock Exchange need an Upstairs Market" Journal of Financial Economics. (2004)
Co-Author(s): Kumar Venkataraman - "Issues in Assessing Trade Execution Costs" Journal of Financial Markets. (2003)
- "Quote-Based Competition and Trade Execution Costs in NYSE-Listed Stocks" Journal of Financial Economics. (2003)
- "Trade Execution Costs and Market Quality after Decimalization" Journal of Financial and Quantitative Analysis. (2003)
- "Equilibrium Pricing and Optimal Hedging in Electricity Forward Markets" Journal of Finance. (2002)
Co-Author(s): Mike Lemmon - "Tick Size, Spreads, and Liquidity: An Analysis of Nasdaq Securities Trading Near Ten Dollars" Journal of Financial Intermediation. (2000)
- "Trade Execution Costs on Nasdaq and the NYSE: A Post-Reform Comparison" Journal of Financial and Quantitative Analysis. (1999)
