Tuck School of Business at Dartmouth
Tuck Dartmouth

Karin S. Thorburn

Associate Professor of Finance
Associate Director, Center for Corporate Governance

 
Publications    

Professor Thorburn's publications deal with bidding strategies in merger and acquisitions, the efficiency of bankruptcy auctions, and corporate governance. Her work has been published in the top academic finance journals, books and special volumes.

Journal Articles
Book Chapters
Miscelaneous Articles

Journal Articles  

Betton, Sandra, B. Espen Eckbo and Karin S. Thorburn, 2008, “Merger Negotiations and the Toehold Puzzle,” Journal of Financial Economics 91, 158-178.

Eckbo, B. Espen, and Karin S. Thorburn, 2009, “Creditor Financing and Overbidding in Bankruptcy Auctions,” Journal of Corporate Finance 15, 10-29.

  • Received Best Paper Award, Journal of Corporate Finance.

Eckbo, B. Espen, and Karin S. Thorburn, 2008, “Automatic Bankruptcy Auctions and Fire-Sales,” Journal of Financial Economics 89, 404-422.

Eckbo, B. Espen, and Karin S. Thorburn, 2003, “Control Benefits and CEO Discipline in Automatic Bankruptcy Auctions,” Journal of Financial Economics 69, 227-258.

Thorburn, Karin S., 2003, “Corporate Governance Practices in Europe: ‘Enron’ Antidote?,” Vermont Law Review 27, 887-907.

Thorburn, Karin S., 2000, “Bankruptcy Auctions: Costs, Debt Recovery, and Firm Survival,” Journal of Financial Economics 58, 337-368, lead article.

Reprinted in John J. McConnell and David J. Denis (eds.), 2005, Corporate Restructuring, The International Library of Critical Writings in Financial Economics, Edward Elgar Publishing, U.K., 555-586.

Eckbo, B. Espen, and Karin S. Thorburn, 2000, “Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada,” Journal of Financial and Quantitative Analysis 35, 1-25, lead article.

Thorburn, Karin S., 1999, ”Konkurs med auktion: Kostnader, utdelning och VD:s incitament,” Beta 13, 1-16, lead article.

Reprinted in Karl Gratzer and Hans Sjögren (red), 1999, Konkursinstitutets betydelse i svensk ekonomi, Gidlunds Förlag, 100-121.

Thorburn, Karin S., 1997, "Comment on 'Top Management Compensation and the Structure of the Board of Directors in Commercial Banks,'" European Finance Review 1, 261-264.

 

Book Chapters  

Hotchkiss, Edith S., Kose John, Robert M. Mooradian and Karin S. Thorburn, 2008, “Bankruptcy and the Resolution of Financial Distress,” in B. Espen Eckbo (ed.), Handbook of Corporate Finance: Empirical Corporate Finance, Vol. 2, Elsevier/North-Holland, Ch. 14, 234-287.

Betton, Sandra, B. Espen Eckbo and Karin S. Thorburn, 2008, “Corporate Takeovers,” in B.E. Eckbo (ed.) Handbook of Corporate Finance: Empirical Corporate Finance, Vol. 2, Elsevier/North-Holland, Ch. 15, 289-427.

Eckbo, B. Espen, and Karin S. Thorburn, 2008, “Corporate Restructuring: Breakups and LBOs,” in B.E. Eckbo (ed.) Handbook of Corporate Finance: Empirical Corporate Finance, Vol. 2, Elsevier/North-Holland, Ch. 16, 429-493.

Thorburn, Karin S., 2006, “Transparency in Bankruptcy Law: A Perspective on Bankruptcy Costs across Europe”, in Lars Oxelheim (ed.), Corporate and Institutional Transparency for Economic growth in Europe, International Business and Management, Vol. 19, Elsevier, 155-172.

Thorburn, Karin S., 2004, "Corporate Governance and Financial Distress", in Leif Appelgren, Hans Sjögren, and Göran Skogh (eds.), New Perspectives on Economic Crime, Edward Elgar Publishing, 76-94.

Eckbo, B. Espen, and Thorburn, Karin S., 2000, "Are Mandatory Bankruptcy Auctions More Efficient?", in Bo Green (ed.), Risk Behaviour and Risk Management in Business Life, Kluwer Academic Publishers, 288-295.

Thorburn, Karin S., 2000, "Cash Auction Bankruptcy: Summary of the Swedish Evidence", in Bo Green (ed.), Risk Behaviour and Risk Management in Business Life, Kluwer Academic Publishers, 276-279.

Thorburn, Karin S., 1999, ”En empirisk analys av utdelning i svenska konkurser,” in Nya förmånsrättsregler SOU 1999:1, white paper published by the Swedish Ministry of Justice, Elanders Gotab, Stockholm, Bilaga 5, 1-60.

Thorburn, Karin S., 1997, ”Företag i finansiell kris och konkurs”, in Från optionsprissättning till konkurslagstiftning, EFI’s Annual, Stockholm School of Economics, Stockholm, 15-30, lead article.

 

Miscellaneous Articles  

Thorburn, Karin S., Eva Redhe and Lena Torlegård, 2002, "Folkligt ägande har minskat inflytandet," Axess 1, 18-21

Reprinted in Axess 2002: Från stoicism till konsumkapitalism, Axel och Margaret Ax:son Johnsons stiftelse för allmännyttiga ändamål, 309-322.

Thorburn, Karin S., 2002, ”När grå ekonomi blev svart”, Axess 1, 34-35.

Thorburn, Karin S., 1999, Kommentar till "Konkurser och företagsrekonstruktioner ur ett rättsekonomiskt perspektiv – en litteraturöversikt", in Karl Gratzer and Hans Sjögren (red), Konkursinstitutets betydelse i svensk ekonomi, Gidlunds Förlag, 75-77.