
Axel Buchner is a full Professor of Finance at ESCP Business School (Berlin Campus) where he holds the Chair in Entrepreneurial Finance and Corporate Finance.
At ESCP, Axel Buchner teaches courses on Financial Management, Corporate Finance, and (Advanced) Entrepreneurial Finance. He conducts research in the areas of entrepreneurial finance, venture capital and private equity. He focuses on understanding the risks, returns, and illiquidity inherent in venture capital, private equity, and other alternative investments. He has published his research in leading academic journals, including, among others, Management Science, Journal of International Business Studies (JIBS), Journal of Business Venturing, Journal of Banking and Finance, and Journal of Corporate Finance.
Before joining ESCP, he was Associate Professor of Finance at the University of Passau, where he also completed his Habilitation (post-doctoral university degree with lecture qualification). He has also been a visiting lecturer of finance at EDHEC Business School. He holds a PhD in Finance from the Technical University of Munich (TUM) and a Master’s in Business Administration from Ludwig Maximilian University of Munich (LMU).
Personal web page: https://sites.google.com/site/axelbuchner
Google Scholar: https://scholar.google.de/citations?hl=de&user=X4wXVKMAAAAJ
Academic Articles
2024
Value-add and portfolio construction strategies in venture capital: a case study approach on investor perceptions
INTERNATIONAL JOURNAL OF ENTREPRENEURIAL VENTURING, 16 (1), 31-68
Academic Articles
2024
Historical Military Conflict and Cross-Border VC Performance: The Role of Ownership Control
BRITISH JOURNAL OF MANAGEMENT, 35 (2), 992-1013
Academic Articles
2024
Private debt and the role of venture capital & private equity sponsors
MANAGEMENT SCIENCE, 70(1), 372-395
Academic Articles
2022
Modeling the exit cashflows of private equity fund investments
JOURNAL OF RISK, 24 (4), 47-71
Academic Articles
2020
Why do firms manage their stock price levels?
JOURNAL OF INTERNATIONAL FINANCIAL MARKETS, INSTITUTIONS AND MONEY, 67, 101220
Academic Articles
2020
Herd behaviour in buyout investments
JOURNAL OF CORPORATE FINANCE, 60
Academic Articles
2019
Are venture capital and buyout backed IPOs any different?
JOURNAL OF INTERNATIONAL FINANCIAL MARKETS, INSTITUTIONS AND MONEY, 60, 39-49
Academic Articles
2018
Cross-border Venture-Capital Investments
JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 49 (5), 575-604
Academic Articles
2017
The association between profit forecasts in IPO prospectuses and earnings management
JOURNAL OF INTERNATIONAL FINANCIAL MARKETS, INSTITUTIONS AND MONEY, 51, 92-105
Academic Articles
2017
Rewarding risk-taking or skill? The case of private equity fund managers
JOURNAL OF BANKING AND FINANCE, 40, 14-32