Bart Lambrecht

Professor of Finance

Director of the Cambridge Centre for Finance (CCFin)

Director of the Cambridge Endowment for Research in Finance (CERF)

Fellow Commoner of Queens’ College

BA (University of Antwerp), MPhil, PhD (University of Cambridge)

My research interests include various aspects of corporate finance such as investment under uncertainty, mergers and acquisitions, payout policy, agency problems and the role of asymmetric information, insolvency resolution, bankruptcy, financing of public corporations, startups and partnerships.

I’m a Research Fellow of the CEPR, an Associate Editor of the Journal of Banking and Finance, a former Editor of the Journal of Corporate Finance, and a former Associate Editor of the Review of Finance. I’m a member of the Finance subject group at Cambridge Judge Business School.

My details

Academic area


Professional experience

Professor Lambrecht is a Research Fellow of the CEPR. He is a former Editor of the Journal of Corporate Finance, an Associate Editor of the Journal of Banking and Finance, and a member of the editorial board of the Journal of Business Finance & Accounting. He is a former Associate Editor of the Review of Finance and Financial Management. An Associate of the Real Options Group, he is also a member of the Cambridge Finance Management Board, of the advisory board of the Cambridge INET Institute, and of the Cambridge Corporate Governance Network.

Previous appointments

Prior to joining Cambridge Judge Business School Professor Lambrecht was a professor at the University of Lancaster, and a senior lecturer at the University of Cambridge. Bart Lambrecht has held visiting positions at the University of Calgary, MIT and UCLA.


Selected publications

Journal articles

Book chapters

  • Lambrecht, B.M. (2000) “Strategic sequential investments and sleeping patents.” In Brennan, M.J. and Trigeorgis, L. (eds.): Project flexibility, agency, and competition: new developments in the theory and application of real options. New York: Oxford University Press, pp.297-323

Awards and honours

  • Cambridge Judge Business School Teaching Award, 2014
  • MBA Teacher of the Year Award, Lancaster University Management School, 2011
  • Emerald Management Reviews’ Emerald Citation of Excellence for the paper “A Theory of Takeovers and Disinvestment”, published in the Journal of Finance (with Stewart Myers), 2007

News and insights

Classic architecture details of a Bank building.

The 2008-2010 financial crisis and the COVID-19 (coronavirus) pandemic have highlighted the importance of an orderly insolvency resolution mechanism (hereafter IRM).

2018 debatepodcast alternativefinance featured 883x432 1

We've heard all the buzz phrases, ranging from 'peer-to-peer lending' to 'cryptocurrencies'. But behind the hype, what exactly is alternative finance, and what are the benefits and risk? In this episode, joining podcast series host Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge Business School, are Robert Wardrop, co-founder of the Cambridge Centre for Alternative Finance; Stelios Kavadias, Margaret Thatcher Professor of Enterprise Studies in Innovation and Growth at Cambridge Judge, and Bart Lambrecht, Professor of Finance at Cambridge Judge. This is the seventh in a series of “Cambridge Judge Business Debate” podcasts featuring faculty and others associated with Cambridge Judge Business School and the broader Cambridge community. This latest podcast focuses on the topic of alternative finance, which includes cryptocurrencies such as bitcoin and also new routes for lending and borrowing that originate outside the traditional banking system. What is alternative finance? Michael Kitson: “Finance is the main lubricator of modern finance, but the financial sector itself is going through a period of rapid change – awash with a confusing range of new products and technologies such as cryptocurrencies, crowdfunding and peer-to-peer lending. So just what is ‘alternative finance'”? Robert Wardrop: “What it isn’t is private…

2017 news finacialjournalappointment 883x432 1

Professor Bart Lambrecht of Cambridge Judge named Co-Editor-in-Chief of the Journal of Corporate Finance. Bart Lambrecht, Professor of Finance at Cambridge Judge Business School, has been named Co-Editor-in-Chief of the leading Journal of Corporate Finance, beginning 1 January 2018. The announcement was made just prior to the Financial Management Association meeting in Boston. Professor Lambrecht is head of the Finance subject group at Cambridge Judge, and is Director of both the Cambridge Centre for Finance and the Cambridge Endowment for Research in Finance. Professor Lambrecht and the rest of the editorial team at the Journal of Corporate Finance "will further increase the impact and the importance of the JCF for the research community interested in the various aspects of corporate finance," said the publication's publisher.…