Han Smit

Han Smit is a corporate professor of Finance at the Department of Business Economics, Erasmus School of Economics (ESE). His research in the areas of private equity, real options valuation, competition and strategy has been widely published in leading academic and practitioner journals. He is co-author of a book Strategic Investment: Real Options and Games published by Princeton University Press. Professor Smit has been a visiting fellow at Harvard University, Columbia University, UC at Berkeley, Boston University, and fellow at the Netherlands Institute of Arts and Sciences (NIAS).

Education

Doctor of Philosophy (Ph.D.) University of Amsterdam Master's Degree Erasmus University Rotterdam

Experience

• Doctor of Philosophy (Ph.D.) University of Amsterdam
• Master's Degree Erasmus University Rotterdam
• Companies
• Professor of Corporate Finance Erasmus University Rotterdam (2001)
• HAL Chair of Private Equity Erasmus University Rotterdam (2001 — 2008)
• Visiting Scholar University of California, Berkeley, Haas School of Business (2007 — 2007)
• Visiting Scholar Harvard Business School (2000 — 2001)
• Associate Professor of Finance Erasmus University Rotterdam (1998 — 2000)
• Fellow in Residence at NIAS KNAW - Koninklijke Nederlandse Akademie van Wetenschappen (1998 — 1999)
• Assistant Professor of Finance Erasmus University Rotterdam (1990 — 1997)

Membership of committee

Han Smit (2007) - Tweede Kamer der Staten Generaal (External organisation)

Oral presentation

• Han Smit (2004) - Acquisitions as a Real Options Bidding Game - Congres Strategic Management Assocation
• Han Smit (2004) - Infrastructure Investment as a Real Options Game: the Case of European Airport Expansion - CIRANO Real Options Conference
• Han Smit (2003) - Infrastructure Investment as a Real Options Game: the Case of European Airport Expansion - European Finance Association
• Han Smit (2003) - "Infrastructure Investment as a Real Options Game: the Case of European Airport Expansion" - University of Washington Real Options Conference
• Han Smit (2001) - R&D Options - UCLA Real Options Conference
• Han Smit (2000) - Empirical Characteristics of Growth Options - Cambridge University Real Options Conference
• Han Smit (2000) - "Valuation of Growth Opportunities" - TIAS Business School Venture Capital Conference

Awards

Han Smit (2004) - 2004 award for best professional/scholarly book in business, management, and accounting by the Association of American Publishers. Strategic Investment

Publications

*Book *

• Han Smit & T Moraitis (2015) - Playing at Serial Acquisitions Opent extern - Princeton University Press
• Han Smit & LT Trigeorgis (2004) - Strategic Investment: Real Options and Games Opent extern - Princeton University Press
• Han Smit (2002) - The economics of private equity - ERIM Inaugural Addresses Research in Management Series

Article

• Yun Dai, Sebastian Gryglewicz & Han Smit (2021) - Less Popular But More Effective Toeholds in Corporate Takeovers Opent extern - Journal of Financial and Quantitative Analysis, 56 (1), 283-312 - doi: 10.1017/S0022109019001029
• Han Smit & L Trigeorgis (2017) - Strategic NPV: Real options and strategic games under different information structures Opent extern - Strategic Management Journal, 38 (13), 2444-2464 - doi: 10.1002/smj.2665
• Han Smit, Enrico Pennings & Sjoerd Bekkum (2017) - Real Options and Institutions Opent extern - Journal of International Business Studies, 48 (5), 620-644 - doi: 10.1057/s41267-016-0055-7
• Han Smit & Joris Kil (2017) - Toehold acquisitions as behavioral real options Opent extern - California Management Review, 59 (3), 42-73 - doi: 10.1177/0008125617712255
• Han Smit & D Lovallo (2014) - Creating More Accurate Acquisition Valuations - MIT Sloan Management Review, 56 (1), 63-71
• Yun Dai, Sebastian Gryglewicz, Han Smit & W De Maeseneire (2013) - Similar Bidders in Takeover Contests - Games and Economic Behavior, 82, 544-561 - doi: 10.1016/j.geb.2013.08.010
• Sjoerd Bekkum, Han Smit & Enrico Pennings (2011) - Buy Smart, Time Smart: Are Takeovers Driven by Growth Options or Mispricing? - Financial Management - FM, 40 (4), 911-940 - doi: 10.1111/j.1755-053X.2011.01166.x
• Han Smit & T Moraitis (2010) - Strategic Options in Serial Acquisitions - Long Range Planning, 43 (1), 85-103 - doi: 10.1016/j.lrp.2009.10.001
• Han Smit & L Trigeorgis (2010) - Flexibility and Games in Strategic Investment - Multinational Finance Journal, 14 (1/2), 125-151

• Han Smit & T Moraitis (2010) - Playing at Serial Acquisitions - California Management Review, 53 (1), 56-89 - doi: 10.1525/cmr.2010.53.1.56

• LT Trigeorgis, R Brosch & Han Smit (2007) - The Journal report: Business Insight Strategy: Stay Loose - The Wall Street Journal, R4

• W (Wouter) De Maeseneire, Han Smit & WA van den Berg (2005) - De markt voor Private Equity - Finance en Control, April, 15-17