Associate Professor
Department of Economics and Business Economics
Fuglesangs Allé 4
building 2631, 143
8210 Aarhus V
Denmark
Phone: +4587166023
Teaching and research interests
Corporate Finance
Real Options
Capital Structure
Strategic Interaction
Credit Rating Agencies
Selected publications
The Information Value of Distress, Management Science, Published Online: 20 Dec 2022.
(https://doi.org/10.1287/mnsc.2022.4632)
Measuring the value of intangibles, Journal of Corporate Finance, Vol. 40, October 2016, pp. 110-127.
(https://doi.org/10.1016/j.jcorpfin.2016.07.012)
Credit rating dynamics and competition, Journal of Banking & Finance, Vol. 49, December 2014, pp. 100-112.
(http://dx.doi.org/10.1016/j.jbankfin.2014.08.011)
Member of section: Accounting and Finance
Research Secretary:Pernille Vorsø Jachobsen
Dr. rer. pol., Universität Karlsruhe, Germany, 2007
Dipl.-Wi.-Ing., Universität Karlsruhe (TH), 2002
Stefan Hirth earned a Dipl.-Wi.-Ing. degree in 2002 and a Dr. rer. pol. in 2007, both degrees awarded with distinction by Universität Karlsruhe (TH), Germany. Since 2007 he has been a faculty member at Aarhus University, Denmark, currently holding a position as an Associate Professor. Stefan conducted studies abroad at University of Massachusetts, Amherst, USA, and he was a visiting researcher at AUT University, Auckland, New Zealand and at Columbia University, New York, USA. Stefan’s research deals with the interaction of investment and financing decisions in corporations and with conflicts of interests between different stakeholders in the firm. Most recently, Stefan has also been analyzing the effects of competition on the market of Credit Rating Agencies.
Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review
Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review
Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review
Activity: Talk or presentation types › Lecture and oral contribution
Activity: Participating in or organising an event types › Participation in or organisation af a conference
Activity: Participating in or organising an event types › Participation in or organisation af a conference
ID: 26231