prof.dr. P.G.J. (Peter) Roosenboom

Peter Roosenboom
Full Professor
Rotterdam School of Management (RSM)
Erasmus University Rotterdam
Fellow ERIM
Field: Finance & Accounting
Affiliated since 2002

Peter Roosenboom is a professor of entrepreneurial finance and private equity at the Department of Finance, Rotterdam School of Management, Erasmus University (RSM). He is the head of the Finance Department at RSM.

Professor Roosenboom's research and teaching activities examine the areas of corporate finance, private equity, corporate governance and financial accounting.

His published academic articles have appeared in, among others, the Review of Financial Studies, Journal of Financial and Quantitative Analysis, , Review of Finance, the Journal of International Business Studies, Contemporary Accounting Research, the Journal of Corporate Finance, Journal of Banking & Finance, Economic Policy, Abacus, and the Journal of Business, Finance & Accounting. He is currently an Associate Editor at the Journal of Banking & Finance and at the Multinational Finance Journal.

Professor Roosenboom's reputation and network are well-established within the European private equity industry and he is regularly invited to speak at industry conferences and seminars. He has been an advisor to the Dutch government on private equity and the financing of small and medium-sized enterprises (SMEs).

He is currently a member of the Independent Governing Body of the Private Equity Research Exchange Platform (PEREP) established by the European Venture Capital and Private Equity Association (EVCA).

Professor Roosenboom obtained his PhD in finance from Tilburg University in 2002.

Publications (95)

Articles (35)

Books (2)

  • G. Giudici & P.G.J. Roosenboom (2004). The Rise and Fall of Europe's New Stock Markets (Advances in Financial Economics). Amsterdam: Elsevier JAI
  • P.G.J. Roosenboom & G. Giudici (Ed.). (2004). The rise and fall of Europe's new stock markets (Advances in Financial Economics). Amsterdam: Elsevier JAI Press

Book Contributions (23)

  • T. Jiao, G. Giudici & P.G.J. Roosenboom (2019). Survival of Initial Public Offerings on Europe’s new stock markets. In Cumming, D. & Johan, S. (Eds.), Oxford Handbook on IPOs . New York: Oxford University Press
  • M. Koning, G.M.H. Mertens & P.G.J. Roosenboom (2019). Auditor selection and IPO underpricing. In Cumming, D. & Johan, S. (Eds.), Oxford Handbook on IPOs . New York: Oxford University Press
  • T. Lambert, A.A. Ralcheva & P.G.J. Roosenboom (2018). The crowd-entrepreneur relationship in start-up financing. In Cumming, D. & Hornhuf, L. (Eds.), The Economics of Crowdfunding (pp. 57-78). London: Palgrave Macmillan
  • P.G.J. Roosenboom (2018). Harvesting: The exit. In Andreoli, J. & Alemany, L. (Eds.), Entrepreneurial Finance: The Art and Science of Growing Ventures (pp. 530-561). Cambridge: Cambridge University Press
  • R.R. Kemper, Z. Kwee & P.G.J. Roosenboom (2017). How to pitch to and interact with business angels? In N. Dai (Ed.), The World Scientific Reference on Entrepreneurship (pp. 37-73). World Scientific Publishing
  • T. Jiao, G.M.H. Mertens & P.G.J. Roosenboom (2013). Industry valuation driven earnings management. In C.S. Wehn, C. Hoppe & G.N. Gregoriou (Eds.), Rethinking Valuation and Pricing Models: Lessons Learned from the Crisis and Future Challenges (pp. 177-190). Amsterdam: Elsevier
  • P.G.J. Roosenboom & B. van den Bosch (2012). Syndicate partner selection: Who syndicates with whom? In D. Cumming (Ed.), The Oxford Handbook of Private Equity (pp. 199-218). New York: Oxford University Press
  • P.G.J. Roosenboom & W.L.J. Schramade (2011). Does public debt discipline managers and controlling owners?: Evidence from bond IPOs. In K. John & A.K. Makhija (Eds.), Advances in Financial Economics (pp. 43-63). Bingley (UK): Emerald Group Publishing
  • A. De Jong, D. DeJong, G.M.H. Mertens & P.G.J. Roosenboom (2010). Royal Ahold: The role of corporate governance. In G. Aras & D. Crowther (Eds.), A Handbook of Corporate Governance and Social Responsibility (pp. 595-619). Burlington: Gower Publishing Limited
  • P.G.J. Roosenboom & X. Gkougkousi (2010). The effect of monetary policy on stock prices: The subprime mortgage crisis. In G.N. Gregoriou (Ed.), The Banking Crisis Handbook (pp. 21-37). Boca Raton: CRC press
  • E. Van Niekerk, P.G.J. Roosenboom & W.L.J. Schramade (2009). Emerging market firms and bonding benefits. In G.N. Gregoriou (Ed.), Emerging markets: performance, analysis and innovation (pp. 675-692). Boca Raton: CRS Press
  • J.P. Fidrmuc - Pal'agova, P.G.J. Roosenboom & D.J.C. van Dijk (2007). Private equity fondsen en publiek naar privaat transacties. In A.W.A. Boot (Ed.), Topics in Corporate Finance: Private Equity en Aandeelhoudersactivisme (pp. 39-56). Amsterdam: Amsterdam Center for Corporate Finance
  • P.G.J. Roosenboom & W.L.J. Schramade (2007). Reverse mergers in the UK: Listed targets and private acquirers. In G.N. Gregoriou & L. Renneboog (Eds.), International Mergers & Acquisitions Activity since 1990: Recent Research and Quantitative Analysis (pp. 181-194). Burlington: Academic Press / Elsevier
  • L.R.T. van der Goot, G.M.H. Mertens & P.G.J. Roosenboom (2006). The grant and exercise of stock options in IPO firms: Evidence from the Netherlands. In L.D.R. Renneboog (Ed.), Advances in Corporate Finance and Asset Pricing (pp. 277-292). Amsterdam: Elsevier
  • G. Giudici & P.G.J. Roosenboom (2006). IPO initial returns on European new markets. In G.N. Gregoriou (Ed.), Initial Public Offerings: An International Perspective (pp. 113-128). Amsterdam: Elsevier Butterworth-Heinemann
  • M. Botman, P.G.J. Roosenboom & L.R.T. van der Goot (2004). Valuing Internet stocks at the initial public offering. In G. Giudici & P.G.J. Roosenboom (Eds.), The Rise and Fall of Europe's New Stock Markets (pp. 131-156). Amsterdam: Elsevier JAI
  • G. Giudici & P.G.J. Roosenboom (2004). The long-term performance of initial public offerings on Europe's new stock markets. In G. Giudici & P.G.J. Roosenboom (Eds.), The Rise and Fall of Europe's New Stock Markets (pp. 329-354). Amsterdam: Elsevier JAI
  • G. Giudici & P.G.J. Roosenboom (2004). Pricing initial public offerings on Europe's new stock markets. In G. Giudici & P.G.J. Roosenboom (Eds.), The Rise and Fall of Europe's New Stock Markets (pp. 25-60). Amsterdam: Elsevier JAI
  • G. Giudici & P.G.J. Roosenboom (2004). Venture capital and new stock markets in Europe. In G. Giudici & P.G.J. Roosenboom (Eds.), The Rise and Fall of Europe's New Stock Markets (pp. 1-24). Amsterdam: Elsevier JAI
  • P.G.J. Roosenboom (2004). Managerial incentives at the initial public offering: An empirical analysis of the Alternative Investment Market. In G. Giudici & P.G.J. Roosenboom (Eds.), The Rise and Fall of Europe's New Stock Markets (pp. 81-112). Amsterdam: Elsevier JAI
  • P. Knauff, P.G.J. Roosenboom & L.R.T. van der Goot (2003). Is accounting information relevant to valuing European Internet IPOs? In I. Hasan & A. Ginsberg (Eds.), New Venture Investment: Choices and Consequences (pp. 257-280). Amsterdam: Elsevier
  • L.R.T. van der Goot & P.G.J. Roosenboom (2003). De relatie tussen de waardering van beursintroducties en enkele kenmerken van corporate governance. In Risico & Rendement . Deventer: Kluwer
  • P. Duffhues, R. Kabir, G.M.H. Mertens & P.G.J. Roosenboom (2002). Employee stock option grants and firm performance in the Netherlands. In Joseph A. McCahery, Piet Moerland, Theo Raaijmakers & Luc Renneboog (Eds.), Corporate Governance Regimes: Convergence and Diversity (pp. 668-678). New York: Oxford University Press

Doctoral Thesis

  • P.G.J. Roosenboom (2002, september 18). Corporate governance mechanisms in IPO firms. Tilburg University ( Thela Thesis) Prom./coprom.: Prof.dr. Piet Moerland & Prof.dr. Rezaul Kabir.

Inaugural Speech

Professional Publications (33)

  • M. Bax, F. Bongers & P.G.J. Roosenboom (2019). Evaluatie SEED Capital regeling, Groeifaciliteit en Dutch Venture Initiative. (Extern rapport). Den Haag: Ministerie van Economische Zaken
  • J. Fidrmuc, P.G.J. Roosenboom & Q. Zhang (2018, januari 10). The cost of M&A antitrust review and acquirer lobbying. Columbia Law School Blue Sky Blog
  • J. Fidrmuc, P.G.J. Roosenboom & Q. Zhang (2018, maart 27). Lobbying reduces risk of merger, improves returns. RSM Discovery
  • J.J.P. Jansen, P.G.J. Roosenboom, J. Veenenbos & M. Van Ostaijen (2017). Business Angels in Nederland: Een verkenning naar een nieuwe onderzoeksmethode en beleidsaanpak. (Extern rapport). Den Haag: Ministerie van Economische Zaken
  • P.G.J. Roosenboom (2014). Het Nederlandse MKB: De stand van zaken. In Het MKB in Beeld (pp. 17-32)
  • P.G.J. Roosenboom (2014). Beleidsmatige ondersteuning van het MKB. In Het MKB in Beeld (pp. 63-69)
  • P.G.J. Roosenboom, F.P. Schlingemann & M. Teixeira de Vasconcelos (2014, maart 10). Does stock liquidity affect incentives to monitor? Harvard Law School Forum on Corporate Governance and Financial Regulation
  • P.G.J. Roosenboom (2014). Het externe financieringsaanbod voor het Nederlandse MKB. In Het MKB in Beeld (pp. 33-62)
  • P.G.J. Roosenboom (2013). Private equity and public-to-private transactions. RSM Insight, 13 (1), 21-22.
  • L. Norden, P.G.J. Roosenboom & T. Wang (2013). Do bankbailouts have a silver lining? RSM Insight, 16 (4), 14-15.
  • A. De Jong, C. Huijgen, T.A. Marra & P.G.J. Roosenboom (2012). Why do firms go public? RSM Insight, 9 (1), 18-19.
  • P.G.J. Roosenboom (2011). Wie durft? Management Scope, november (11), 6-8.
  • P.G.J. Roosenboom (2011). Literatuurstudie Durfkapitaal. Amsterdam: Nederlandse Vereniging van Participatiemaatschappijen (NVP)
  • P.G.J. Roosenboom & P.J.W. Duffhues (2011). Ondernemingsfinanciering nu en in de toekomst. (Extern rapport). Den Haag: Ministerie van Economische Zaken, Landbouw en Innovatie
  • P.G.J. Roosenboom (2010). Kapitaal hoort schaars te zijn. Management Scope, november (11), 7-9.
  • P.G.J. Roosenboom (2009). Private Equity onder vuur. Fusie en Overname (M & A Magazine), december (10), 30-32.
  • P.G.J. Roosenboom (2008). Participatiekapitaal en schuldfinanciering. Management Scope, oktober (10).
  • A. De Jong, P.G.J. Roosenboom, M.J.C.M. Verbeek & P. Verwijmeren (2007). Hedgefondsen en private equity in Nederland. (Extern rapport). Den Haag: Ministerie van Financien
  • R.B.H. Hooghiemstra, A. De Jong, G.M.H. Mertens & P.G.J. Roosenboom (2004). Bedrijven op goede weg met code-Tabaksblat. Economisch-Statistische Berichten, 89 (4444), 502-504.
  • D. Brounen, P.G.J. Roosenboom & W. Bemer (2004). Voetbalaandelen: Emotie aan de beurs? Economisch-Statistische Berichten, 89 (4438), 347-348.
  • H. Donker, R.B.H. Hooghiemstra, A. De Jong, G.M.H. Mertens & P.G.J. Roosenboom (2004). Corporate governance in Nederland 2004: De opvolging van de code geïnventariseerd. (Extern rapport). Amsterdam: NCGS/NICG
  • G. Guidici & P.G.J. Roosenboom (2004). Nuovo quatazioni e offerte pubbliche sui "Nuovi Mercati" europei. In G. Giudici (Ed.), I Nuovi Mercati in Europa (pp. 31-78). Napoli: Foxwell & Davies Italia
  • A. de Jong, G.M.H. Mertens & P.G.J. Roosenboom (2004). Weinig aandeelhouders houden serieus toezicht. In Jaarboek 2003/2004 (pp. 107-113). Amsterdam: Koninklijke Vereniging voor de Staathuishoudkunde
  • A. De Jong, G.M.H. Mertens & P.G.J. Roosenboom (2003). Weinig aandeelhouders houden serieus toezicht. Economisch-Statistische Berichten, 88 (4419), 532-534.
  • A. De Jong & P.G.J. Roosenboom (2003). De achilleshiel van Tabaksblat. Economisch-Statistische Berichten, 88 (4411), 392-393.
  • A. De Jong, G.M.H. Mertens & P.G.J. Roosenboom (2003). Aandeelhoudersvergaderingen in Nederland 1998-2002. (Extern rapport). Rotterdam: Erasmus
  • P. Duffhues, R. Kabir, G.M.H. Mertens & P.G.J. Roosenboom (2003). De relatie tussen personeelsoptieregelingen en de financiele prestaties van Nederlandse beursvennootschappen. Bedrijfskunde, 75 (1), 42-49.
  • A. De Jong & P.G.J. Roosenboom (2002). De balans na vijf jaar Peters. Economisch-Statistische Berichten, 87 , 924-927.
  • P.G.J. Roosenboom & L.R.T. van der Goot (2002). Valuing IPOs: The corporate governance dimension. Tijdschrift voor Corporate Finance, 7 , 38-59.
  • A. De Jong & P.G.J. Roosenboom (2002). Inventarisatie corporate governance bij Nederlandse beursondernemingen. In Corporate governance in Nederland 2002: De stand van zaken . Nederlandse Corporate Governance Stichting
  • P.G.J. Roosenboom, A.P. Goriaev & A. Van den Beemt (2001). Aandeleninkoop nog niet gewaardeerd. Economisch-Statistische Berichten, 86 , 184-185.
  • P.G.J. Roosenboom, G.M.H. Mertens & L.R.T. van der Goot (2000). Winststuring en aandelenrendementen. Economisch-Statistische Berichten, 85 , 133-135.
  • G.M.H. Mertens, P.G.J. Roosenboom & L.R.T. van der Goot (2000). Earnings management and initial public offerings: Evidence from the Netherlands. Tijdschrift voor Corporate Finance, 5 , 6-28.

PhD Tracks (21)

Empirical Essays on Debt, Equity, and Convertible Securities
  • Role: Member Doctoral Committee
  • PhD Candidate: Patrick Verwijmeren
  • Time frame: 2005 - 2008
Capital Structure Determinants and Governance Structure Variety in Franchising
  • Role: Member Doctoral Committee
  • PhD Candidate: Tao Jiang
  • Time frame: 2005 - 2009
Essays in Financial Accounting
  • Role: Co-promotor
  • PhD Candidate: Tao Jiao
  • Time frame: 2004 - 2009
Capital Structure, Strategic Competition, and Governance
  • Role: Member Doctoral Committee
  • PhD Candidate: Thuy Nguyen
  • Time frame: 2005 - 2008
Empirical Essays in Corporate Finance and Financial Reporting
  • Role: Member Doctoral Committee
  • PhD Candidate: Marieke van der Poel
  • Time frame: 2003 - 2008
Corporate Bond Issuers
  • Role: Co-promotor
  • PhD Candidate: Willem Schramade
  • Time frame: 2002 - 2006
Firms and Financial Markets: Empirical studies on the informational value of dividends, governance and financial reporting
  • Role: Member Doctoral Committee
  • PhD Candidate: Henry van Beusichem
  • Time frame: 2007 - 2016
Agency Costs, Firm Value, and Corporate Investment
  • Role: Promotor
  • PhD Candidate: Manuel Teixeira de Vasconcelos
  • Time frame: 2008 - 2012
Executive compensation narratives
  • Role: Promotor
  • PhD Candidate: Olga Khalina
  • Time frame: 2007 -
The Impact of Investor Demand on Security Offerings
  • Role: Member Doctoral Committee
  • PhD Candidate: Eric Duca
  • Time frame: 2007 - 2011
Corporate Reputation Management: Reaching Out to Financial Stakeholders
  • Role: Member Doctoral Committee
  • PhD Candidate: Yijing Wang
  • Time frame: 2008 - 2013
Empirical Studies in Financial Accounting
  • Role: Member Doctoral Committee
  • PhD Candidate: Xanthi Gkougkousi
  • Time frame: 2008 - 2012
Essays in Executive Compensation
  • Role: Member Doctoral Committee
  • PhD Candidate: Dan Zhang
  • Time frame: 2008 - 2012
Essays in Banking and Corporate Finance
  • Role: Promotor
  • PhD Candidate: Teng Wang
  • Time frame: 2011 - 2015
Access to Finance in a Cross-Country Context
  • Role: Member Doctoral Committee
  • PhD Candidate: Vlado Kysucky
  • Time frame: 2011 - 2015
Financing and Regulatory Frictions in Mergers and Acquisitions
  • Role: Promotor
  • PhD Candidate: Eden Quxian Zhang
  • Time frame: 2012 - 2018
Raising capital: On pricing, liquidity, and incentives
  • Role: Promotor
  • PhD Candidate: Rogier Hanselaar
  • Time frame: 2013 - 2018
Equity Crowdfunding Revealed: the ‘Before, During, and After’ the Campaign
  • Role: Promotor
  • PhD Candidate: Aleksandrina Ralcheva
  • Time frame: 2015 -
Doctoral Research in Corporate Finance
  • Role: Promotor
  • PhD Candidate: Taavi Mandel
  • Time frame: 2017 -
Empirical Studies on the Role of Financial Information in Asset and Capital Markets
  • Role: Member Doctoral Committee
  • PhD Candidate: Pooyan Ghazizadeh
  • Time frame: 2009 - 2019
Essays on Financial Coordination
  • Role: Member Doctoral Committee
  • PhD Candidate: Lingtian Kong
  • Time frame: 2012 - 2019

Recognitions (6)

Editorial positions (2)

  • Journal of Banking and Finance

    Associate Editor

  • Multinational Finance Journal

    Associate Editor

Organization Memberships (2)

Side positions (2)

  • PEREP_Analytics

    Member Independent Governing Body

  • Equidam

    Member Advisory Board

Courses (2)

Past
  • Seminar Corporate Finance 1 (2017/2018, 2016/2017)
  • Seminar Corporate Finance 2 (2017/2018, 2016/2017)

Events (43)

2009
September
04
On the real effects of private equity
Inaugural Address
As: Speaker
2008
September
19
Corporate Finance Day
Conference
As: Coordinator
2007
April
24
Do Private Equity Investors Take Firms Private for Different Reasons?
Research Seminar
As: Speaker
2006
June
27
Sudden Deaths: Taking Stock of Political Connections
Research Seminar
As: Coordinator
2006
June
26
Why Is Santa So Kind to Hedge Funds? The December Return Puzzle!
Research Seminar
As: Coordinator
2006
June
13
The Information Content of Brand Equity Measures
Research Seminar
As: Coordinator
2006
June
06
Influences of Environmental Strategy on the Design and Use of Performance Measurement Systems
Research Seminar
As: Coordinator
2006
May
31
Ex Ante Effects of Ex Post Managerial Ownership
Research Seminar
As: Coordinator
2006
May
23
Capital Allocation to the Hedge Fund Industry. A Decomposition of Investors' Returns into Fund Selectivity and Style Timing
Research Seminar
As: Coordinator
2006
May
09
Purchasing Power Parity and Heterogeneous Mean Reversion
Research Seminar
As: Coordinator
2006
April
26
On the determinants of robustness of costing system designs to errors
Research Seminar
As: Coordinator
2006
April
18
ERIM Research Seminar in Financial Management: Frequent Bond Issuers and the Firm-Specific Yield Curve
Research Seminar
As: Coordinator
2006
April
12
ERIM Research Seminar in Financial Management: The Book-to-Price Effect in Stock Returns: Accounting for Leverage
Research Seminar
As: Coordinator
2006
April
04
ERIM Research Seminar in Financial Management: Is Political Risk Compay-Specific? The Market Side of the Yukos Affair
Research Seminar
As: Coordinator
2006
March
21
ERIM Research Seminar in Financial Management: "Incentive Effects of Performance-Vested Stock Options"
Research Seminar
As: Coordinator
2006
March
14
ERIM Research Seminar in Financial Management: Doing qualitative field research in management accounting: positioning data to contribute to theory
Research Seminar
As: Coordinator
2006
March
08
Is Firm Interdependence Within Industries Important for Portfolio Credit Risk?
Research Seminar
As: Coordinator
2006
February
23
International Asset Pricing Under Segmentation and PPP Deviations
Research Seminar
As: Coordinator
2006
February
14
Implied Volatility Processes: Evidence from the Volatility Derivatives Markets
Research Seminar
As: Coordinator
2006
February
07
Capital structure around the world: What firm- and country-specific determinants really matter?
Research Seminar
As: Coordinator
2006
January
24
The Economic Consequences of IFRS: The Vanishing of Preference Shares in the Netherlands
Research Seminar
As: Coordinator
2006
January
17
The Sources of Economies of Scale for Actively Managed Domestic Equity Mutual Fund Fees
Research Seminar
As: Coordinator
2005
December
20
Market Power, Bank Megamergers, and the Welfare of Bank Borrowers
Research Seminar
As: Coordinator
2005
December
06
Does Relationship Banking Create Value? The Role of Universal Banks in Belgium at the Beginning of the 20th Century
Research Seminar
As: Coordinator
2005
November
29
Hourly Electricity Prices
Research Seminar
As: Coordinator
2005
November
23
Information Disclosure Concerns as a Limit to Competition in Investment Banking
Research Seminar
As: Coordinator
2005
November
15
Out-of-sample Predictability and Risk of Individual Stocks
Research Seminar
As: Coordinator
2005
November
01
On the Fund Selection Ability of Hedge Fund Investors
Research Seminar
As: Coordinator
2005
October
25
"Hot Hands" in Bond Funds or Persistence in Bond Fund Performance
Research Seminar
As: Coordinator
2005
October
18
Inflation Protection from Home Ownership: Long-Run Evidence
Research Seminar
As: Coordinator
2005
October
11
Do Analysts Incorporate Inflation in Their Earnings Forecasts?
Research Seminar
As: Coordinator
2005
October
04
What is the Magic in An Equity Deal? Theory and Evidence on the Means of Payment in Asset Sales
Research Seminar
As: Coordinator
2005
September
13
Behavioral Factors in the Pricing of Financial Products
Research Seminar
As: Coordinator
2005
September
02
Investment Manager Skill in Small-Cap Equities
Research Seminar
As: Coordinator
2005
June
15
Why Do Firms Go Dark? Causes and Economic Consequences of Voluntary SEC Deregistrations
Research Seminar
As: Coordinator
2005
May
31
Do 'Sophisticated' Investors Believe in the Law of Small Numbers?
Research Seminar
As: Coordinator
2005
May
24
Bond Market Entry Around the World
Research Seminar
As: Coordinator
2005
May
10
Analyst Disagreement, Mispricing and Liquidity
Research Seminar
As: Coordinator
2005
May
03
Transfer Pricing Systems and Performance Measurement in Multinational Enterprises
Research Seminar
As: Coordinator
2005
April
26
Sector crashes and sector booms
Research Seminar
As: Coordinator
2005
April
18
Performance Management in Government and Non-profit Organizations: a Goal Setting Theory Perspective
Research Seminar
As: Coordinator
2005
April
05
The Determinants of Merger Waves
Research Seminar
As: Coordinator
2005
March
01
Bank Loan Contracting Design through Learning and Renegotiating
Research Seminar
As: Coordinator

Award (1)

Address

Visiting address

Office: Mandeville Building T08-55
Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam
Netherlands

Research Initiatives

Latest publication

M. Bax, F. Bongers & P.G.J. Roosenboom (2019). Evaluatie SEED Capital regeling, Groeifaciliteit en Dutch Venture Initiative. (Extern rapport). Den Haag: Ministerie van Economische Zaken