Wouter is a passionate and experienced teacher who truly enjoys explaining financial management principles by linking finance to business models and firm strategies.
Wouter De Maeseneire obtained his PhD from Erasmus University Rotterdam. He has worked as Assistant Professor in Corporate Finance at Erasmus and as Visiting Professor at Vlerick Business School. Currently he is Associate Professor in Corporate Finance at Vlerick and Visiting Professor at Erasmus and Ghent University. He is also Programme Director of the Master in Financial Management after having held this role for the Master in General Management.
His work has been presented at several international conferences such as the Financial Management Association and Academy of Management Meeting, Babson Entrepreneurship Conference, Strategic Management Society, Real Options Conference and Midwest Finance Association.
Wouter has published in academic journals like Research Policy and the Journal of Business, Finance and Accounting. He has also contributed to various managerial books. Upon completion of his PhD he wrote a book on real options which presents a more accurate valuation methodology capable of capturing the value of management flexibility inherent in risky business projects.
He has been awarded Best Teacher Awards and won the 2012 EFMD Case Writing Competition, Banking & Finance Category, with his analysis of the ABInbev deal. His research interests include initial public offerings, valuation, real options, private equity and venture capital, mergers and acquisitions, capital structure and financial constraints.
Job Title : Associate Professor of Corporate Finance
Management Domain Accounting & Finance
Teaching in Masters in Financial Management Executive Master Class in Corporate Finance Masters in General Management Masters in Marketing Management
Expert in Corporate Finance Real Options Accounting & Finance Venture Capital Mergers and Acquisitions Company Valuation/Capital Budgeting Working Capital Management
De Maeseneire W. Mataigne V. Luypaert M. forthcoming. The interplay between target firm R&D, acquirer debt financing and takeover premia. Applied Economics Letters,
Bruyland E. De Maeseneire W. 2016. The risk effects of acquiring distressed firms. Journal of Business Finance and Accounting, 43(9/10): 1297-1324.
Luypaert M. De Maeseneire W. 2015. Antecedents of Time to Completion in Mergers and Acquisitions. Applied Economics Letters, 22(4): 299-304.
Dai Y. Gryglewicz S. Smit H. De Maeseneire W. 2013. Similar bidders in takeover contests. Games and Economic Behavior, 82(November): 544-561.
De Maeseneire W. Meuleman M. 2012. Do R&D Subsidies Affect SMEs’ Access to External Financing?. Research Policy, 41(3): 580-591.
De Prijcker S. Manigart S. Wright M. De Maeseneire W. 2012. The influence of experiential, inherited and external knowledge on the internationalization of venture capital firms. International Business Review, 21(5): 929-940.
De Maeseneire W. Brinkhuis S. 2012. What Drives Leverage in Leveraged Buyouts? An Analysis of European LBOs’ Capital Structure. Accounting and Finance, 52(October (supplement)): 155-182.
De Maeseneire W. Claeys T. 2011. SMEs, FDI and Financing Constraints. International Business Review,
Deloof M. De Maeseneire W. Inghelbrecht K. 2009. How do investment banks value Initial Public Offerings (IPOs)?. Journal of Business Finance and Accounting, 36(1-2): 130-160.
De Maeseneire W. Smit H. van den Berg W. 2005. Private equity: financiering met aanzienlijk risico. Finance & Control, 4(2)
De Maeseneire W. Smit H. van den Berg W. 2004. Private equity. Management Executive, 2(6): 1-6.
De Maeseneire W. forthcoming. Company Valuation. In: Haim L. Smit H. Corporate finance
Meuleman M. Lepoutre J. Tilleuil O. De Maeseneire W. 2010. Breaking into an established market through a process of experimentation: the case of Greenpan. In: Silberzahn P. Van Dyck W. The balancing act of innovation
Manigart S. De Maeseneire W. Wright M. Pruthi S. Lockett A. Bruining H. Hommel U. Landström H. 2008. How international are European venture capital firms?. In: Ed. Handbook of research on European Business and Entrepreneurship: Towards a theory of internationalisation (pp. 17-28). Edward Elgar Publishing.
De Maeseneire W. Keuleneer L. 2003. Discounted cash flow, adjusted present value, decision tree analysis and real options. In: Handboek Management Accounting Wolters Kluwer België-.
De Maeseneire W. Keuleneer L. Vermeiren N. 2003. Waardering en overdracht van het Midden- en Kleinbedrijf. In: Risseeuw P. Thurik R. Handboek Ondernemers en Adviseurs: Management en Economie van het Midden- en Kleinbedrijf Wolters Kluwer België-.
De Maeseneire W. 2006. The real options approach to strategic capital budgetting and company valuation. Groep De Boeck.
Bruyland E. Lasfer M. De Maeseneire W. 2013. Do Underperforming Bidders Gain from Mergers and Acquisitions?. Paper presented at FMA European Meeting, June 12-14, Luxembourg, Luxembourg.
Bruyland E. Lasfer M. De Maeseneire W. 2013. Do underperforming bidders gain from mergers and acquisitions?. Paper presented at 2013 FMA ANNUAL MEETING, October 16-19, Chicago, United States.
De Prijcker S. Wright M. Manigart S. De Maeseneire W. 2013. Acquisition Exits of Cross-border Buyouts: Strategic versus Financial Acquisitions. Paper presented at CGIR Conference, April 25-26, Toronto, Canada.
Bruyland E. De Maeseneire W. 2011. The risk effects of acquiring distressed firms. Paper presented at VVE-Day, Antwerp,
Bruyland E. De Maeseneire W. 2011. The risk effects of acquiring distressed firms. Paper presented at Corporate Finance Day, Lille, France.
De Maeseneire W. Smit H. van den Berg W. 2005. Acquisitions as a Real Options bidding game.
De Maeseneire W. 2005. Essays on firm valuation and value appropriation.
Standaert J. De Maeseneire W. Luypaert M. 2011. De financieringsmogelijkheden en- moeilijkheden bij overnames door en van Vlaamse KMO's. (53 p.)
De Maeseneire W. Claeys T. 2006. De financieringsmogelijkheden en -moeilijkheden van internationaliserende KMO's in Vlaanderen. (42 p.)
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. De Meyer M. 2015. Who is Who?. ECCH Case Study. Reference no. 115-052-1 (C) + 115-052-8 (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. Standaert J. 2013. Big Pharma versus small biotech: analyzing the financials of Pfizer and Immunocellular Therapeutics. ECCH Case Study. Reference no. 113-021-1 (C) + 113-021-8 (TN).
De Maeseneire W. Maertens M. Deschepper T. 2013. Apple: time to think different about cash. ECCH Case Study. Reference no. 113-043-1 (C) + 113-043-8 (TN).
De Maeseneire W. Standaert J. 2012. The 2008 Anheuser-Busch Inbev Deal: Successful M&A, Divestment and Financing Strategies in Harsh. ECCH Case Study. Reference no. 112-012-1 (C) + 112-012-8 (TN).
De Maeseneire W. Divakaruni A. 2012. The Facebook IPO Hype: A rude social awakening. ECCH Case Study. Reference no. 112-052-1 (C) + 112-052-8 (TN).
Devigne D. Van Daele E. De Maeseneire W. 2012. Autoparts: analysis and valuation of a distressed buy-out by a private equity investor - Case. ECCH Case Study. Reference no. 113-003-1 (C) + 113-003-8 (TN).
De Maeseneire W. 2011. How Dell's excellent working capital management results in outstanding financial performance. ECCH Case Study. Reference no. 112-001-1 (C) + 112-001-8 (TN).
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).
De Prijcker S. Manigart S. Wright M. De Maeseneire W. 2011. The influence of experiential, inherited and external knowledge on the internationalization of venture capital firms. Vlerick Working Paper Series 2011/07 (31p.).
Bruyland E. De Maeseneire W. 2011. The risk effects of acquiring distressed firms. Vlerick Working Paper Series 2011 (47p.).
Brinkhuis S. De Maeseneire W. 2009. What drives leverage in leveraged buyouts? An analysis of European LBOS' capital structure. 2009/31 (55p.).
Meuleman M. De Maeseneire W. 2008. Do R&D subsidies affect SME's: access to external financing. 2008/12 (43p.).
De Maeseneire W. Van Halder R. 2008. Syndicating venture capital investments: an integrated benefit/cost framework and analysis. 2008
De Maeseneire W. Claeys T. 2007. SMES, FDI and financial constraints. 2007/25 (51p.).
De Maeseneire W. van den Berg W. Smit H. 2005. Acquisitions as a Real Options bidding game. 2005/05/290
De Maeseneire W. Verbrugge S. Colle D. Pickavet M. Demeester P. 2005. The options behind dark fiber or wavelength lease. 2005
De Maeseneire W. Smit H. 2005. The role of investor capabilities in public-to-private transactions. 2005/05/289
De Maeseneire W. van den Berg W. Smit H. 2004. Acquisitions as a Real Options bidding game. 2004/084/2
Manigart S. De Maeseneire W. 2003. Initial returns: underpricing or overevaluation? Evidence from easdaq and euronm. 2003/11 (48p.).
Deloof M. De Maeseneire W. Inghelbrecht K. 2002. The valuation of IPOs by underwritting investment banks and the stock market: empirical evidence. 2002/02/136
+ 32 9 210 97 89 Send an e-mail Skype Wouter