selected publications academic article Berger, A. N., Bouwman, C., Norden, L., Roman, R. A., Udell, G. F., & Wang, T. (2023). Piercing through Opacity:Relationships and Credit Card Lending to Consumers and Small Businesses during Normal Times and the COVID-19 Crisis. Journal of Political Economy. Berger, A. N., Bouwman, C., Norden, L., Roman, R. A., Udell, G. F., & Wang, T. (2022). Is a Friend in Need a Friend Indeed? How Relationship Borrowers Fare during the COVID-19 Crisis Berger, A. N., Bouwman, C., Norden, L., Roman, R. A., Udell, G. F., & Wang, T. (2021). Piercing Through Opacity: Relationships and Credit Card Lending to Consumers and Small During Normal Times and the COVID-19 Crisis Bindal, S., Bouwman, C., Hu, S. S., & Johnson, S. A. (2020). Bank regulatory size thresholds, merger and acquisition behavior, and small business lending. Journal of Corporate Finance. 62, 101519-101519. Bouwman, C. (2019). Capital, Liquidity and Prudential Regulation (Presentation Slides) Bouwman, C., Kim, H., & Shin, S. (2018). Bank Capital and Bank Stock Performance Bouwman, C., Hu, S. S., & Johnson, S. A. (2018). Differential bank behaviors around the Dodd-Frank Act size thresholds. Journal of Financial Intermediation. 34(2974235), 47-57. Bindal, S., Bouwman, C., Hu, S. S., & Johnson, S. A. (2017). Regulatory Size Thresholds and Merger and Acquisition Behavior Berger, A. N., & Bouwman, C. (2017). Bank liquidity creation, monetary policy, and financial crises. Journal of Financial Stability. 30, 139-155. Berger, A. N., Black, L. K., Bouwman, C., & Dlugosz, J. (2017). Bank loan supply responses to Federal Reserve emergency liquidity facilities. Journal of Financial Intermediation. 32, 1-15. Berger, A. N., Bouwman, C., & Kim, D. (2017). Small Bank Comparative Advantages in Alleviating Financial Constraints and Providing Liquidity Insurance over Time. The Review of Financial Studies. 30(10), 3416-3454. Berger, A. N., Bouwman, C., Kick, T., & Schaeck, K. (2016). Bank liquidity creation following regulatory interventions and capital support. Journal of Financial Intermediation. 26, 115-141. Bouwman, C. (2014). Managerial optimism and earnings smoothing. Journal of Banking and Finance. 41, 283-303. Berger, A. N., & Bouwman, C. (2013). How does capital affect bank performance during financial crises?. Journal of Financial Economics. 109(1), 146-176. Bouwman, C. (2012). The Geography of Executive Compensation Bouwman, C. (2011). Corporate Governance Propagation through Overlapping Directors. The Review of Financial Studies. 24(7), 2358-2394. Berger, A. N., Bouwman, C., Kick, T. K., & Schaeck, K. (2010). Bank Liquidity Creation and Risk Taking During Distress Berger, A. N., & Bouwman, C. (2009). Bank Liquidity Creation. The Review of Financial Studies. 22(9), 3779-3837. Bouwman, C., Fuller, K., & Nain, A. S. (2009). Market Valuation and Acquisition Quality: Empirical Evidence. The Review of Financial Studies. 22(2), 633-679. Bouwman, C., Fuller, K. P., & Nain, A. (2009). Market Valuation and Acquisition Quality: Empirical Evidence (Previous Title: The Performance of Stock-Price Driven Acquisitions). 22(2), 633-679. Bouwman, C., Fuller, K. P., & Nain, A. (2009). Market Valuation and Acquisition Quality: Empirical Evidence (Previous Title: The Performance of Stock-Price Driven Acquisitions). 22(2), Berger, A. N., & Bouwman, C. (2008). Financial Crises and Bank Liquidity Creation (This is an OLD WP that has been split into 2 parts: (1) How does Capital affect Bank Performance during Financial Crises (JFE, July 2013); and (2) Bank Liquidity Creation, Monetary Policy, and Financial Crises (WP 2012)) Berger, A. N., & Bouwman, C. (2008). Bank Liquidity Creation (Previously titled 'The Measurement of Bank Liquidity Creation and the Effect of Capital') Bouwman, C., Fuller, K. P., & Nain, A. (2003). The Performance of Stock-Price Driven Acquisitions (Published as 'Market Valuation and Acquisition Quality: Empirical Evidence'). 22(2), book Berger, A. N., & Bouwman, C. (2015). Bank Liquidity Creation and Financial Crises. Elsevier. chapter Bouwman, C. (2019). Creation and Regulation of Bank Liquidity. The Oxford Handbook of Banking. (pp. 181-226). Oxford University Press (OUP). Berger, A. N., & Bouwman, C. (2016). Chapter 10 Do Better Capitalized Banks Create More or Less Liquidity?. Bank Liquidity Creation and Financial Crises. (pp. 125-128). Elsevier. Berger, A. N., & Bouwman, C. (2016). Chapter 11 Which Banks Create the Most and Least Liquidity?. Bank Liquidity Creation and Financial Crises. (pp. 129-177). Elsevier. Berger, A. N., & Bouwman, C. (2016). Chapter 12 How Do Government Policies and Actions Affect Bank Liquidity Creation During Normal Times and Financial Crises?. Bank Liquidity Creation and Financial Crises. (pp. 179-198). Elsevier. Berger, A. N., & Bouwman, C. (2016). Chapter 13 Bank Liquidity Creation: Value, Performance, and Persistence. Bank Liquidity Creation and Financial Crises. (pp. 199-212). Elsevier. Berger, A. N., & Bouwman, C. (2016). Chapter 14 How Can Bank Executives, Financial Analysts, Researchers (including Academics and Students), and Policy Makers (including Legislators, Regulators, and Central Bankers) Use Bank Liquidity Creation Data to Their Advantages?. Bank Liquidity Creation and Financial Crises. (pp. 215-218). Elsevier. Berger, A. N., & Bouwman, C. (2016). Chapter 15 Where We Stand Now and the Open Research and Policy Questions. Bank Liquidity Creation and Financial Crises. (pp. 219-230). Elsevier. Berger, A. N., & Bouwman, C. (2016). Chapter 16 Links to Websites Containing Data, Documents, and Other Information Useful for US Bank Performance Benchmarking, Research, and Policy Work. Bank Liquidity Creation and Financial Crises. (pp. 231-241). Elsevier. Berger, A. N., & Bouwman, C. (2016). Chapter 2 Liquidity Creation Theories. Bank Liquidity Creation and Financial Crises. (pp. 15-18). Elsevier. Berger, A. N., & Bouwman, C. (2016). Chapter 5 Using Liquidity Creation to Measure Bank Output. Bank Liquidity Creation and Financial Crises. (pp. 47-53). Elsevier. Bouwman, C. (2014). Liquidity. The Oxford Handbook of Banking, Second Edition. (pp. 184-218). Oxford University Press (OUP). Bouwman, C. (2013). The role of corporate culture in mergers and acquisitions. Mergers and Acquisitions Practices, Performance and Perspectives. (pp. 109-131). Bouwman, C (2011). Overlapping Boards of Directors: Causes and Consequences for Corporate Governance. Financial Contagion. (pp. 343-348). Wiley. conference paper Bouwman, C., & Malmendier, U (2015). Does a Bank's History Affect Its Risk-Taking?. The American Economic Review. 321-325. institutional repository document Berger, A. N., Bouwman, C., Norden, L., Roman, R. A., Udell, G. F., & Wang, T. (2021). Piercing through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses during Normal Times and the COVID-19 Crisis Berger, A. N., Bouwman, C., Norden, L., Roman, R. A., Udell, G. F., & Wang, T. (2020). Is a Friend in Need a Friend Indeed? How Relationship Borrowers Fare during the COVID-19 Crisis Bouwman, C. (2018). Creation and Regulation of Bank Liquidity Bouwman, C., Kim, H., & Shin, S. (2017). Bank Capital and Bank Stock Performance Bouwman, C., Hu, S., & Johnson, S. A. (2017). Differential Bank Behaviors Around the Dodd-Frank Act Size Thresholds Bindal, S., Bouwman, C., Hu, S., & Johnson, S. A. (2017). Regulatory Size Thresholds and Merger and Acquisition Behavior Berger, A. N., Bouwman, C., Kick, T. K., & Schaeck, K. (2012). Bank Liquidity Creation Following Regulatory Interventions and Capital Support Berger, A. N., & Bouwman, C. (2012). Bank Liquidity Creation, Monetary Policy, and Financial Crises Berger, A. N., & Bouwman, C. (2012). How Does Capital Affect Bank Performance During Financial Crises? Berger, A. N., Bouwman, C., Kick, T. K., & Schaeck, K. (2011). Bank Risk Taking and Liquidity Creation Following Regulatory Interventions and Capital Support Bouwman, C. (2011). The Geography of Executive Compensation Berger, A. N., Bouwman, C., Kick, T. K., & Schaeck, K. (2010). Bank Liquidity Creation and Risk Taking During Distress Berger, A. N., Bouwman, C., Kick, T. K., & Schaeck, K. (2010). Bank Liquidity Creation and Risk Taking During Distress Berger, A. N., & Bouwman, C. (2010). Bank Liquidity Creation, Monetary Policy, and Financial Crises Bouwman, C., & Xuan, Y. (2010). Director Overlap and Firm Financial Policies Bouwman, C. (2010). The Geography of Executive Compensation
teaching activities FINC443 Valuation Instructor FINC612 Finc For Professional Instructor FINC641 Valuation Instructor FINC688 Doctoral Seminar Instructor MGMT689 Sptp: Mergers & Acquisitions Instructor
chaired theses and dissertations Ao, Mingming (2020-07). Two Essays in Banking and Corporate Finance. Shin, Sang-Ook (2019-06). Essays on Intermediary Asset Pricing. Tuncez, Ahmet Mithat (2016-08). Essays on Corporate Finance.
education and training Ph.D. in Finance, University of Michigan-Ann Arbor - (Ann Arbor, Michigan, United States) 2005 B.A. in Economics and Business, University of Groningen - (Groningen, Groningen, Netherlands) 1993 M.A. in Economics and Business, University of Groningen - (Groningen, Groningen, Netherlands) 1993 M.B.A., Cornell University - (Ithaca, New York, United States) 1993
awards and honors Mather Prize, conferred by Case Western Reserve University - (Cleveland, Ohio, United States), 2008 Fellow of the Wharton Financial Institutions Center, conferred by University of Pennsylvania - (Philadelphia, Pennsylvania, United States), 2008