Mathieu Luypaert

Mathieu Luypaert has done extensive research in the domain of corporate finance, specialising in value creation through mergers and acquisitions. He studies how the stock price of merging companies reacts upon the announcement of such a deal and how potential synergies are being realised. He teaches courses on corporate finance and mergers and acquisitions in several Masters, MBA and executive programmes at Vlerick. Mathieu has also been active internationally. He has stayed as a Visiting Professor at Insead and has given courses as a guest lecturer in Dubai (EHSAL), Ireland (Waterford Institute of Technology) and Lyon (Institut Paul Bocuse).

Expert in
Corporate Finance
Mergers and acquisitions
Capital Budgeting
Accounting & Finance
Financial Statement Analysis
Financial Planning

Profile

Mathieu Luypaert is Associate Professor of Corporate Finance and Programme Director of the Masters of General Management at Vlerick Business School. Mathieu Luypaert obtained the title of Doctor in Applied Economics from the Faculty of Business and Economics of KU Leuven in 2009. He wrote his doctoral dissertation on value creation in European mergers and acquisitions (M&As). Afterwards, he has been further specialising into the topic of M&As. More specifically, he has been studying M&A motives, the underlying financing decisions, the impact of industry structures, stock price effects and long-term synergy realisation following M&As. His work has been presented at several international conferences and has been published in leading academic journals, like Journal of Business Research and Applied Economics. He teaches corporate finance and mergers and acquisitions in several Masters, MBA and executive programmes at Vlerick as well as other international institutions (EHSAL in Dubai, WIT in Ireland and Institut Paul Bocuse in Lyon). He has also stayed as a Visiting Professor at Insead Business School.

 

Publications

Articles in refereed journals with impact

  • Luypaert M. Van Caneghem T. Van Uytbergen S.  2016. Financial statement filing lags: an empirical analysis among small firms. International Small Business Journal, 34(4): 506-531.

  • Luypaert M. De Maeseneire W.  2015. Antecedents of Time to Completion in Mergers and Acquisitions. Applied Economics Letters, 22(4): 299-304.

  • Luypaert M. Van Caneghem T.  2014. Can auditors mitigate information asymmetry in M&A's? An empirical analysis of the method of payment in belgian transactions. Auditing: A Journal of Practice and Theory, 33(1): 57-91.

  • Huyghebaert N. Luypaert M.  2013. Value creation and division of gains in horizontal acquisitions in Europe: the role of industry conditions. Applied Economics, 45(14): 1819-1833.

  • Luypaert M.  2010. Antecendents of Growth through Mergers and Acquisitions. Empirical Results from Belgium. Journal of Business Research, 63: 392-403.

Articles in other (un)refereed journals

  • Huyghebaert N. Luypaert M.  2013. Sources of synergy realization in mergers and acquisitions: empirical evidence form non-serial acquirers in Europe. International Journal of Financial Research, 4(2): 49-67.

  • Luypaert M.  2010. Antecedents of growth through mergers and acquisitions. Empirical results from Belgium. Journal of Business Research, 63(4): 392-403.

  • Luypaert M.  2009. Value Creation in Mergers and Acquisitions: A Study of European Transactions during the Fifth Wave. Bank- en Financiewezen, 73: 308-316.

Conference Presentations

  • Defrancq C. Huyghebaert N. Luypaert M.  2015. Family ownership in European acquiring firms: a mixed blessing for minority investors. Paper presented at the 2015 FMA European Conference, June 11-12, Venice, Italy.

  • Defrancq C. Huyghebaert N. Luypaert M.  2015. Family ownership in European acquiring firms: a mixed blessing for minority investors. Paper presented at the European Financial Management Association 2015 Annual Meeting, June 24-27, Breukelen, the Netherlands.

  • Mataigne V. Manigart S. Luypaert M.  2013. The Wealth Effects of Horizontal Acquisitions on Rivals: Distinguishing between public, private and subsidiary targets?. Paper presented at Academy of Management meeting, August 9-13, Orlando, United States.

  • Mataigne V. Manigart S. Luypaert M.  2013. The Wealth Effects of Horizontal Acquisitions on Rivals: Distinguishing between public, private and subsidiary targets?. Paper presented at Annual Meeting of the Midwest Finance Association, March 13-16, Chicago, United States.

  • Mataigne V. Manigart S. Luypaert M.  2013. The Wealth Effects of Horizontal Acquisitions on Rivals: Distinguishing between public, private and subsidiary targets?. Paper presented at Corporate Finance Day, September 13-13, Liege, Belgium.

  • Luypaert M. Van Caneghem T.  2013. Can auditors mitigate information asymmetry in M&As. Paper presented at Annual Meeting of the European Accounting Association, May 6-8, Paris, France.

  • Luypaert M. Van Caneghem T.  2013. Financial Analyst Coverage, Method of Payment and Wealth Effects in M&As. Paper presented at Annual Meeting of the European Financial Management Association, June 26-29, Reading, United Kingdom.

  • Luypaert M. Van Caneghem T.  2013. Financial Analyst Coverage, Method of Payment and Wealth Effects in M&As. Paper presented at Annual meeting of the Midwest Finance Association, March 13-16, Chicago, United States.

  • Luypaert M.  2009. Value Creation and Division of Gains in European Horizontal Acquisitions: The Role of Industry Conditions. Paper presented at EIASM Workshop on cross-border M&A, November 12-13, Brussels, Belgium.

  • Luypaert M.  2009. Synergy Realization in Mergers and Acquisitions: Empirical Evidence from European Transactions in the Fifth Wave. Paper presented at EIASM Workshop on cross-border M&A, November 12-13, Brussels, Belgium.

  • Luypaert M.  2009. Synergy Realization in Mergers and Acquisitions: Empirical Evidence from European Transactions in the Fifth Wave. Paper presented at Corporate Finance Day, September 17-17, Antwerpen, Belgium.

  • Luypaert M.  2009. Industry Determinants of Shareholder Value Creation in European Horizontal Mergers and Acquisitions. Paper presented at Annual meeting of the International Industrial Organization Conference, April 3-5, Boston, United States.

  • Luypaert M.  2008. Industry Determinants of Shareholder Value Creation in European Horizontal Mergers and Acquisitions. Paper presented at Annual meeting of the French Finance Association, May 5-5, Lille, France.

  • Luypaert M.  2008. Industry Determinants of Shareholder Value Creation in European Horizontal Mergers and Acquisitions. Paper presented at Corporate Finance Day, September 19-19, Rotterdam, the Netherlands.

  • Luypaert M.  2007. Determinants of Growth through Mergers and Acquisitions: An Empirical Analysis. Paper presented at 25th Erasmus Finance Day (EFD), May 11-11, Rotterdam, the Netherlands.

  • Luypaert M.  2007. Determinants of Growth through Mergers and Acquisitions: An Empirical Analysis. Paper presented at Annual meeting of the European Financial Management Association, June 27-30, Vienna, Austria.

  • Luypaert M.  2007. Determinants of Growth through Mergers and Acquisitions: An Empirical Analysis. Paper presented at Corporate Finance Day, September 11-11, Louvain-la-neuve, Belgium.

  • Luypaert M.  2006. EDEN Seminar on International Mergers and Acquisitions. Helsinki, Finland.

Doctoral dissertation

  • Luypaert M.  2009. Applied economics, Mergers and Acquisitions: When do they really create value?. 

Research reports

  • Standaert J. De Maeseneire W. Luypaert M.  2011. De financieringsmogelijkheden en- moeilijkheden bij overnames door en van Vlaamse KMO's. (53 p.)

Vlerick cases

  • De Maeseneire W. Luypaert M.  2016. The Hilton hotels buyout by Blackstone: A nightmare or a fairytale?. ECCH Case Study. Reference no. 116-0011-1 (C) + 116-0011-8 (TN).

  • De Maeseneire W. Luypaert M.  2014. Analyzing deal structures in mergers and acquisitions. Can you make the right match?. ECCH Case Study. Reference no. 114-034-1 ( C) + 114-034-8 (TN).

  • De Maeseneire W. Luypaert M.  2013. M&A deal structures: who finances how?. 

  • De Maeseneire W. Luypaert M.  2010. Analyzing the financial statements of the world's largest retailer: Wal-Mart. ECCH Case Study. Reference no. 110-061-1 (C) + 110-061-8 (TN).

Vlerick working papers

  • Luypaert M. Van Caneghem T.  2013. Financial Analyst Coverage, Method of Payment and Wealth Effects in M&As. Vlerick Working Paper Series 2013/04 (42p.).

  • Mataigne V. Manigart S. Luypaert M.  2012. The Wealth Effects of Horizontal Acquisitions on Rivals: Distinguishing between Public, Private and Subsidiary Targets. 2012

  • Luypaert M. Van Caneghem T.  2011. Can auditors mitigate information asymmetry in M&As? An empirical analysis of the method of payment in Belgian transactions. Vlerick Working Paper Series 2011/15

  • Luypaert M.  2010. Value Creation and Division of Gains in European Horizontal Acquisitions: The Role of Industry Conditions. 2010

  • Luypaert M.  2010. Synergy Realization in Mergers and Acquisitions: Empirical Evidence from European Transactions in the Fifth Wave. 2010

  • Van Caneghem T. Luypaert M.  . Corporate takeovers and auditor switching: evidence from Belgium. 

  • Van Caneghem T. Van Uytbergen S. Luypaert M.  . An empirical examination of financial reporting lags among small firms.