Bio and Research Interests

Research interests

Financial Economics
Corporate Finance
Contract Theory
Law and Economics


Ulrich Hege is Director and Professor of TSE (Toulouse School of Economics) since January 2016. Prior to joining TSE, he was Professor and Associate Dean at HEC Paris. He has also held previous faculty positions at Tilburg University (Netherlands) and ESSEC (Paris), and has been a Visiting Associate Professor at London Business School and at New York University Stern School of Business. He earned M.A. degrees in Economics from the University of Frankfurt (Germany) in 1989 and from Princeton University in 1992, and received a Ph.D. degree in Economics from Princeton University in 1994 with a doctoral thesis on financial contracting. His main research area is in Financial Economics, but he also worked on questions in contract theory, entrepreneurship, regulation, and in law and economics. A particular focus of his research is corporate finance, where he has worked and extensively published on topics such as mergers and acquisitions, venture capital and private equity, corporate governance, debt restructuring and bankruptcy. His research has been published in the Review of Financial Studies, Journal of Financial Economics, Management Science, Rand Journal of Economics, Journal of Business, Review of Finance, Harvard Business Review, and in other prestigious international journals. Ulrich Hege is a Research Affiliate with ECGI, the European Corporate Governance Institute, and an Associate Editor of the journals Finance and Bankers, Markets, Investors, and Revue Française de Gouvernance d'Entreprise. He has received numerous grants from the European Commission and private foundations, including a research chair sponsored by the French Banking Association. He was a two-times member of the executive board of the European Finance Association, and is a Member of the Academic Board of the Argentum Centre for Private Equity at NHH Bergen.

Current position

2016Professor, TSE

Former positions

2013 - 2015Associate Dean, HEC Paris
2001 - 2015Professor, HEC Paris (Associate Professor until 2010)
2000 - 2001Associate Professor, ESSEC Business School (France)
1997 - 2000Assistant Professor, Tilburg University (Netherlands)
1994 - 1997Assistant Professor, HEC Paris


2008Visiting Associate Professor, Stern School, New York University
2007Visiting Associate Professor, London Business School