Merih Sevilir

Merih Sevilir is Professor of Finance at ESMT Berlin. At the same time, she is the head of the Department of Laws, Regulations and Factor Markets at IWH Halle Institute for Economic Research. Prior to joining ESMT in 2022, Merih was Associate Professor of Finance at Kelley School of Business at Indiana University. She holds a PhD in Finance from INSEAD.

EDUCATION

• PhD in Finance (INSEAD)
• MSc in Management (INSEAD)
• MSc in Engineering Business Management (The University of Warwick)
• MS and BS in Industrial Engineering (Bogazici University)

RESEARCH INTERESTS

• finance
• labour economics
• corporate governance

Selected Publications

• Alex Borisov, Andrew Ellul, and Merih Sevilir, (2020), "Access to Public Capital Markets and Employment Growth", forthcoming, Journal of Financial Economics.
• Nickolay Gantchev, Merih Sevilir, and Anil Shivdasani (2020), "Activism and Empire Building", Journal of Financial Economics, Volume 138, Issue 2 (November).
• Ugur Celikyurt, Merih Sevilir and Anil Shivdasani (2014), "Venture Capitalists on Boards of Mature Public Firms," Review of Financial Studies, Volume 27, Issue 1 (January).
• Cai, Ye and Merih Sevilir (2012), "Board Connections and M&A Transactions," Journal of Financial Economics, Vol. 103, No. 2, February, pp. 327-349.
• Paolo Fulghieri and Merih Sevilir (2011), "Mergers, Spin-Offs and Employee Incentives," Review of Financial Studies, lead article, Vol. 24, No. 7, July, pp. 2207-2241.
• Ugur Celikyurt, Merih Sevilir and Anil Shivdasani (2010), “Going Public to Acquire? The Acquisition Motive in IPOs,” Journal of Financial Economics, lead article, Vol. 96, No. 3, June, pp. 345-363.
• Sevilir, Merih (2010), “Human Capital Investment, New Firm Creation and Venture Capital,” Journal of Financial Intermediation, Vol. 19, pp. 483-508.
• Ugur Celikyurt, Merih Sevilir and Anil Shivdasani, and (2010), “How an IPO Helps in M&A,” Journal of Applied Corporate Finance, Vol. 22, pp. 94-99.
• Paolo Fulghieri and Merih Sevilir (2009), “Size and Focus of a Venture Capitalist’s Portfolio,” Review of Financial Studies, Vol. 22, No. 11, November, pp. 4643-4680.
• Paolo Fulghieri and Merih Sevilir (2009), “Organization and Financing of Innovation, and the Choice between Corporate and Independent Venture Capital,” Journal of Financial and Quantitative Analysis, Vol. 44, No. 6, December, pp. 1291-1321.