Publications

Books

The Family Business Planning Map – Assets and Roadblocks in Long Term Planning. Morten Bennedsen and with Joseph P. Fan, Chinese University of Hong Kong. Prentice Macmillan, October 2014.

The essence of Family Business. Morten Bennedsen, in preparation. 

Roots: Stories about families in business. Morten Bennedsen and Brian Henry, in preparation. 

Published and forthcoming journal articles, chapters in books/reports

2022:

A Survey of Asian Family Business Research. Morten Bennedsen, Yi-Chun Lu, Vikas Mehrotra. Asian Pacific Journal of Financial Studies. February 14, 2022.

Employer-to-Employer Transitions and Time Aggregation Bias. Antoine Bertheau, Rune Vejlin. Labour Economics. January 2022.

2021:

Employer Search Behavior: Reasons for Internal Hiring. Antoine Bertheau. Labour Economics, December 2021.

OECD Report: The Role of Firms in Wage Inequality. OECD, December 2021. Contribution by Antoine Bertheau.

Dynastic control without Ownership: Evidence from post-war Japan. Morten Bennedsen, Vikas Mehrotra, Jungwook Shim, Yupana Wiwattanakantang. Journal of Financial Economics. Volume 142, Issue 2, November 2021, pages 831-843.

What are the health benefits of a constant water supply? Evidence from London, 1860–1910. Werner Troeskena, Nicola Tynanb and Yuanxiaoyue Artemis Yang. Explorations in Economic History, July 2021.

Back to the Future: The Effect of Returning Family Successions on Firm Performance. Mario Daniel Amore, Morten Bennedsen, Isabelle Le Breton-Miller, Daniel Miller. Strategic Management Journal. February 2021, pages 1432-1458.

2020:

Do CEOs matter: Evidence from CEO Hospitalization Events. Morten Bennedsen, Francisco Peréz-Gonzáles and Daniel Wolfenzon,  Journal of Finance, VOL. LXXV, NO. 4 • August 2020. 

2019:

Family Firms and Labor Market Regulation. Morten Bennedsen, Sterling Huang, Hannes F. Wagner, Stefan Zeume. The Review of Corporate Finance Studies, Volume 8, Issue 2, September 2019, Pages 348–379.

Drivers of Effort: Evidence from Employee Absenteeism. Morten Bennedsen, Margarita Tsoutsoura and Daniel Wolfenzon. Journal of Financial Economics, Volume 133, Issue 3, September 2019, Pages 658-684.

CEO Education and Corporate Environmental Footprint. Mario Daniele Amore, Morten Bennedsen, Birthe Larsen and Philip Rosenbaum. Journal of Environmental Economics and Management, Volume 94, March 2019, Pages 254-273.

2018:

Corporate Tax Havens and Transparency. Morten Bennedsen and Stefan Zeume. The Review of Financial Studies, Volume 31, Issue 4, 1 April 2018, Pages 1221–1264. Editor’s choice and lead article.

The Real Effects of Transparency on Within Firm Gender Pay Disparities. Morten Bennedsen, Elena Simintzi, Margarita Tsoutsoura and Daniel Wolfenzon. Journal of Finance, forthcoming.

Family Firms and Labour Market Reforms. Morten Bennedsen, Sterling Huang, Hannes Wagner and Stefan Zeume. Journal of Corporate Financial Studies, forthcoming.

Do Firms Respond to Gender Pay Gap Transparency?  Morten Bennedsen, Elena Simintzi, Margarita Tsoutsoura and Daniel Wolfenzon.  Journal of Finance, forthcoming. Read pre-print on tsoutsoura.com

Dynastic control without Ownership: Evidence from post-war Japan. Morten Bennedsen, Vikas Mehrota, Jungwook Shim and Yupana Wiwattanakatang. Journal of Financial Economics, forthcoming. 

Working papers for distribution or under revision

The Unequal Cost of Job Loss Across Countries. Antoine Bertheau, Edoardo Acabbi, Cristina Barcelo, Andreas Gulyas, Stefano Lombardi, Raffaele Saggio. National Bureau of Economic Research working paper, February 2022.

Preserving job matches during the COVID-19 pandemic: firm-level evidence on the role of government aid. Morten Bennedsen, Birthe Larsen, Ian Schmutte and Daniela Scur. Read pre-print. 
(Frontarticle in CEPR Covid Economics, discussed in the Bartleby Coloumn in the Economist, synthesized in VOXEU and generated more than 20 media article and TV/radio coverage).

Cases

How to be the right owner: Family transition in Haldor Topsoe, Denmark. Part A. By Morten Bennedsen, Brian Henry and Steen Thomsen. To be published by INSEAD.

How to be the right owner: Family transition in Haldor Topsoe, Denmark. Part B. By Morten Bennedsen, Brian Henry and Steen Thomsen. To be published by INSEAD.

YC Wang: The Question of Succession at Formosa Plastic Group, Taiwan. By Morten Bennedsen, Yi-Lu Chun, Hsi-Mei Chung and Brian Henry. To be published by INSEAD. 

Ruling from the Grave: A family Succession Controversy at the Taiwanese Evergreen Group (New and Revised Version) with Teaching Note. By Morten Bennedsen, Yi-Lu Chun, Hsi-Mei Chung and Brian Henry. INSEAD 26 March 2020. 

1600 Years Family Firms: The Leadership Model of the Hénokiens, Written by Morten Bennedsen and Brian Henry, INSEAD February 2019.

Hénokiens: The Family Firm Who Made History, Part B, Written by Morten Bennedsen and Brian Henry. INSEAD February 2019. 69 pages.

Did Apple Pay Too Little Tax? Appealing the EU Ruling on Illegal State Aid. Written by Morten Bennedsen, Brian Henry, Alexandra Roulet and Mark Stabile. Published May 2018. INSEAD.

Leaks, Dumps and Whistleblowers: Tax Havens and Wealth Inequality, by Morten Bennedsen, Brian Henry, Alexandra Roulet, Mark Stabile, published: March 2018.

Brunata International A/S – Succession and Professionalization of Family Business. Part A: Challenges of Succession, by Morten Bennedsen, Brian Henry and Ellen Korsager. February 2018.

Brunata International A/S – Succession and Professionalization of Family Business. Part B: Challenges of Professionalization, by Morten Bennedsen, Brian Henry and Ellen Korsager. February 2018.

Hankook Chinaware: Confucianism and Filial Piety within Values-based Leadership, joined with Brian Henry, Published by INSEAD, September 25, 2018.

Gender Inequality: Why Are Woman Paid Less than Men?. Morten Bennedsen, Brian Henry, Alexandra roulette and Mark Stabile. July 30 2018, INSEAD.

To Reduce Unemployment, French President Macron Reforms the Labour Market. Morten Bennedsen, Brian Henry, Alexandra Roulet, Mark Stabile ,published: 29 Jan 2018.

Samsung A: Family Assets and Roadblocks (A) - Drivers of Success, Family Assets and Business Strategy. Morten Bennedsen, Brian Henry, Yupana Wiwattanakantang, published: 27 Nov 2017 INSEAD

Samsung B: Family Assets and Roadblocks (B) - Heart Attack Puts Succession Planning at Risk. Morten Bennedsen, Brian Henry, Yupana Wiwattanakantang, published: 27 Nov 2017 INSEAD

Samsung Part 3:  Family Assets and Roadblocks (C) - Court Calls 'Time Out' on Lee Jae-yong. Morten Bennedsen, Brian Henry, Yupana Wiwattanakantang, published: 27 Nov 2017 INSEAD

Hankook Chinaware: Confucianism and Filial Piety within Values-based Leadership. Morten Bennedsen and Brian Henry, Published by INSEAD, fall 2017.

Servientrega: Founders in Competition. Morten Bennedsen, published in INSEAD, Feb, 2017

Carvajal: Insights from a 113-year-old Family-Run Firm in Colombia. Morten Bennedsen, published in INSEAD, Jan, 2017

Leonisa: Family Splits over Direction of Fashion Empire. Morten Bennedsen, Published in INSEAD, Jan, 2017

Did Apple Pay too Little Tax to Ireland? Both Appeal EU Decision on Illegal State Aid. Morten Bennedsen, Mark Stabile and Brian Henry.

Publications in Danish

Ledelsespraksis i danske små og mellemstore virksomheder. Morten Bennedsen and Matilde Dyrberg Stjernstrøm. Published by University of Copenhagen, April 2020. 

Ejerledelse I Danmark Rapport 6: De markedsmæssige og institutionelle udfordringer ved ejerskifte. Morten Bennedsen and Kasper M. Nielsen. Published by Center for Ownermanaged Firms. May 2019.

Ejerledelse I Danmark Rapport 4: Det gode ejerskifte. Morten Bennedsen and Kasper M. Nielsen. Published by Center for Ownermanaged Firms.

Planlægning af ejerskifte i mellemstore danske virksomheder Erfaringer og udfordringer. Morten Bennedsen and Kasper M. Nielsen, published by Axcell Future, August 2017.