Visiting Faculty
Professsor Pramuan Bunkanwanicha, Ph.D.
Position :

Professor of Finance, ESCP Europe Business School – Paris, France

Contact :
E-Mail : pbunkanwanicha@escpeurope.eu
Education :

Habilitation in Management Sciences (Finance), Université Paris- Dauphine

Ph.D. in Economics, Université Paris 1 Panthéon-Sorbonne

MBA, Asian Institute of Technology

B.Eng. in Mechanical Engineering, King Mongkut’s University of Technology North Bangkok

Working papers/ Publication :

1 “The Value of Marriage to Family Firms,” 2013, Journal of Financial and Quantitative Analysis 48, 611-636 (with Joseph P.H. Fan and Yupana Wiwattanakantang).
2 “Big Business Owners in Politics,” 2009, Review of Financial Studies 22, 2133-2168 (with Yupana Wiwattanakantang).
3 “Debt and Entrenchment: Evidence from Thailand and Indonesia,” 2008, European Journal of Operational Research 85, 1578-1595 (with Jyoti Gupta and Rofikoh Rokhim).
4 “Réglementation du Travail et Structure Financière: Théorie et Preuve Empirique,” 2012, Finance Contrôle Stratégie 15-1/2 (with Christophe Moussu).
5 “Market Valuation of Political Power: Evidence from Politically Connected Firms in Thailand,” 2006, The Economic Review 57, 289-302 (with Yupana Wiwattanakantang).
Chapters-in-Book:
6 “Finance and Family-ness: An Historical Assessment of the Economics of Kinship,” inPaloma Fernadez Perez and Andrea Colli, ed.: The Endurance of Family Businesses: A
Global Overview, Cambridge University Press, 2013, 179-196 (with Christopher Kobrak).
7 “Banks in Family Business Groups: Pyramid, Lending Behavior, and Financial Crisis,” (with Jyoti Gupta and Yupana Wiwattanakantang), under review
8  “Are US CEOs Underpaid?” (with Randall Morck and Yupana Wiwattanakantang).
9  “Government as the Dominant Shareholder and Corporate Payout Policy,” (with Fahmi Ben-Abdelkader, Clifford Holderness, and Christophe Moussu).
10  “Government as the Dominant Shareholder around the World,” (with Fahmi Ben- Abdelkader, and Clifford Holderness).
11  “The Survival of Politically Connected Firms,” (single author)
12  “Family Feud, Inheritance Law, and Firm Valuation,” (single author)

Research Interest :

International corporate finance; Corporate governance; Family firms; Emerging markets