Faculty Profile

Charlotte Østergaard

Professor - Department of Finance

Publications registered in Cristin

(Current research information system in Norway)


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 a year in the research division at the Central Bank of Norway. 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 in my work concerns the real effects of bank shocks and bank market integration on outcome variables such as bank lending, firm investment, firms' cash flow trade-offs, and inter-regional risk sharing. I have also looked at banks' international portfolio choices and risk-taking behavior. I am currently doing work on social capital and governance in nonprofit bank organizations, on governance in Norwegian industrial firms in the early 20th century, and on the relation between stock market liquidity and shareholder activism. My work has been published in the Journal of Finance, the Review of Financial Studies, and the Journal of Political Economy, among others.

Teaching areas
Financial Intermediation, Credit Markets, Corporate Finance and Financial Management, Derivatives and Risk Management.
Academic Degrees
Year Academic Department Degree
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