Affiliated researchers

Alexander Ljungqvist


Research interests: Entrepreneurship, private equity, venture capital, corporate finance, corporate governance and asset pricing

"My research interests are quite broad and range from empirical corporate finance and entrepreneurial finance to asset pricing and industrial economics. I'm currently particularly interested in the efficiency of financial intermediaries such as investment banks and venture capitalists in the capital-raising process."


New research

Private Equity’s Unintended Dark Side: On the Economic Consequences of Excessive Delistings Alexander Ljungqvist, Lars Persson and Joacim Tåg

Alexander Ljungqvist is the recipient of several teaching awards and teaches an MBA class in new venture financing, a PhD seminar in empirical corporate finance, and executive courses in venture capital, private equity, and investment banking. He is the recipient of the 2011 Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship, awarded every two years to one scholar under age 40 whose research has made a significant contribution to the field of entrepreneurship.

His research interests include investment banking, IPOs,entrepreneurial finance, private equity, venture capital, corporate governance, behavioral corporate finance, and asset pricing.

Recent and Forthcoming Publications

  • "Monitoring Managers: Does It Matter?" (with F. Cornelli and Z. Kominek), Journal of Finance (forthcoming).
  • "Testing Asymmetric-Information Asset Pricing Models" (with B. Kelly), Review of Financial Studies (2012).

Alexander Ljungqvist



Alexander Ljungqvist holds the Ira Rennert Chair of Finance and Entrepreneurship at New York University's Stern School of Business. He serves as Editor of the Review of Financial Studies, a Research Associate of the National Bureau of Economic Research in Cambridge, and a Research Fellow of the Centre for Economic Policy Research in London. Professor Ljungqvist has taught at numerous universities around the World, including Harvard, Oxford, Cambridge, London Business School, and Tokyo. He currently serves on the Nasdaq Listing Council. He also serves on a World Economic Forum working group tasked with "Rethinking financial innovation."



Leading Research Environment

IFN at the top


Illustration puff sid 1


The Research Institute of Industrial Economics, IFN, is a private and independent foundation devoted to pursuing highly relevant research for trade and industry.

The researchers at IFN are united in their belief that economic methods offer a powerful tool for understanding society.

The main research programs are:

  1. economics of entrepreneurship
  2. globalization and corporate restructuring
  3. economics of the service sector
  4. economics of the electricity markets
  5. economics of institutions and culture.

Global Award

Research on entrepreneurship




The Global Award for Entrepreneurship Research is the foremost global award for research on entrepreneurship.This Prize is awarded annually with a prize sum of EUR 100,000.

IFN in cooperation with Entreprenörskapsforum and Vinnova are the principals of the award, in cooperation with the donor, Stockholms Köpmansklubb.

Professor Philippe Aghion, Collège de France, is the winner of the Global Award for Entrepreneurship Research 2016. He will receive the award at a ceremony on May 10, 2016, in Stockholm.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 |