Faculty Profile

Charlotte Østergaard

Professor - Department of Finance


Please see my personal webpage for more information.

I am educated at Brown University (Ph.D., M.A. in Economics) and the University of Copenhagen (B.A. in Economics). Before joining BI Norwegian Business School, I was at the Financial Markets Group at the London School of Economics. I have also spent time at the research division at the Central Bank of Norway and at the University of Salerno. I am an associated researcher at the Centre for Corporate Governance Research (CCGR).

Research areas
My primary areas of interest are banking and corporate governance.
The main research question that I have considered concerns the real effects of bank shocks and bank market integration on outcome variables such as bank lending to small businesses, firm investment and cash management, and inter-regional risk sharing. I have also done work on shareholder activism and how social capital sustain the viability of the savings bank organizational form.
Currently, Im working on governance in Norwegian industrial corporations in the early 20th century and on entrepreneurial firms. My work has been published in the Journal of Finance, the Review of Financial Studies, the Review of Finance, and the Journal of Political Economy.

Teaching areas

Financial Intermediation, Credit Markets, Corporate Finance and Financial Management, Derivatives and Risk Management.

Publications registered in Cristin

(Current research information system in Norway)

Academic Degrees
Year Academic Department Degree
1998 Brown University Ph.D.
1994 Brown University M.A.
1991 University of Copenhagen B.A.
1998 Brown University Ph.D.
1994 Brown University M.A.
1991 University of Copenhagen B.A.
Work Experience
Year Employer Job Title
2015 - Present BI Norwegian Business School Professor of Finance
2002 - 2015 BI Norwegian Business School Associate Professor
2005 - 2011 Norges Bank, Research Division Visiting Scholar
2003 - 2004 Norges Bank, Research Division Visiting Researcher (full time)
2000 - 2002 BI Norwegian Business School Assistant Professor
1997 - 2000 London School of Economics, Financial Markets Group Research Officer