About

Martijn Cremers is the Bernard J. Hank Professor of Finance and Martin J. Gillen Dean at the University of Notre Dame’s Mendoza College of Business, as well as a Kellogg Institute Faculty Fellow. A former professor at the Yale School of Management, his research focuses on empirical issues in investments and corporate governance. His academic work has been published in top journals such as the Journal of Finance, the Review of Financial Studies, the Journal of Financial Economics, and the Stanford Law Review, as well as covered by major publications including the Wall Street Journal and the Financial Times.

He introduced the concept of “Active Share,” which measures active management, in a 2009 paper published in the Review of Financial Studies (with coauthor Antti Petajisto). It is now widely used in the financial industry and has been incorporated in Morningstar Direct and FactSet.

He earned an MS from Vrije Universiteit Amsterdam and a PhD from the Stern School of Business at New York University.

Thematic Interests

Investment management, corporate governance, mutual funds, pension funds, executive compensation

Current Research

Empirical research in investment management, including the performance of active managers around the world, and corporate governance, focusing on the relationship between shareholders and the board.

Research Sub-Discipline
Other Accomplishments & Recognitions
  • Inquire Europe Research Grant, “Liquidity provision by passively-managed funds” (2014–15)
  • Best Academic Paper Award for “Staggered Boards and Firm Value, Revisited,” Annual Corporate Governance Symposium, John L. Weinberg Center for Corporate Governance, University of Delaware (2014)
  • SPIVA (S&P Indices Versus Active) Research Awards, Second place (2013)