Jeroen Neckebrouck wins Vlerick Researcher of the Year Award 2017

From left to right: Dean Marion Debruyne, Jeroen Neckebrouck and Research Manager Eva Cools

Alongside Jeroen, professors Sophie Manigart, Kristof Stouthuysen and Veroniek Collewaert also took part. Incidentally, Veroniek won the award last time,” says Research Manager Eva Cools. “The interuniversity jury were full of praise about the achievements of all the candidates. During the evaluation, not only do we assess how their achievements tie in with our research strategy, we also evaluate the balance between academic research, applied research and teaching innovation. In the end, they chose Jeroen Neckebrouck.”

Vacancy for a highly motivated Ph.D. student

The Department of Accounting, Corporate Finance and Taxation is looking for highly motivated candidates, interested in pursuing a Ph.D. in Business Economics at Ghent University.

You will work with micro-data on Belgian firms and banks, and perform academic research on the labour market implications of credit supply shocks, i.e. at the intersection of banking and labour economics. The precise research agenda will be decided upon jointly with your supervisor (prof. dr. Klaas Mulier, UGent) and co-supervisor (prof. dr. Mike Mariathasan, KULeuven).

  • See the full profile, offer, details of the project: Vacancy (pdf)

Capital structure differences between young for-profit social and commercial enterprises

A new paper by Ana Cristina Siqueira (Duquesne University), Nadja Guenster (University of Münster), Tom Vanacker and Saskia Crucke is forthcoming in Journal of Business Venturing. In this paper, we develop a new perspective on capital structure differences between for-profit social and commercial enterprises by combining imprinting and social entrepreneurship theory. Using a longitudinal matched sample, we find that for-profit social enterprises have 40% to 13% lower leverage and up to four times greater leverage stability over time than commercial enterprises. Our results suggest that these differences in capital structure derive from the process of prosocial organizing, which goes beyond the primary focus on financial preferences. Thus, for-profit social enterprises—and similar hybrid organizations, such as B corporations—require theories adjusted to their context.

Siqueira, A. C. O., Guenster, N., Vanacker, T., & Crucke, S. (2018). A longitudinal comparison of capital structure between young for-profit social and commercial enterprises. Journal of Business Venturing.




Call for book chapters: New frontiers in entrepreneurial finance research

Edited book to be published by World Scientific Publishing
Editors: Anita Quas, Yan Alperovych, Cristiano Bellavitis, Ine Paeleman, Kamuriwo Dzidziso Samuel.
Submission deadline for full chapters (5,000-6,000 words): 1st September 2018

Entrepreneurial companies are the backbone of economic development. Yet, these firms often suffer from a lack of internal finance which limits their growth and survival. The availability of external finance is hence a key element in entrepreneurial ecosystems, and it has attracted substantial academic interest. The recent dramatic change in the availability of external finance for startups leads to new and interesting questions in this field.
This book will provide an updated view of new trends in entrepreneurial finance. Its aim is to provide academics and non-academics alike a deeper understanding of the entrepreneurial finance as a research field.

More details & timeline