Oksana Pryshchepa

Visiting Researcher


My research areas are empirical corporate finance (financial distress, bankruptcy, risk-taking) and corporate governance (executive compensation, corporate fraud). I have completed my Ph.D. studies in Finance at Lancaster University Management School and am currently a Postdoctoral Associate in Finance at the Accounting and Finance Department at Lancaster. During my doctoral studies I researched agency conflicts in distressed firms and various types of behaviors through which managers can create wealth transfers (compensation, payout and investment policies). My current research focuses on topics related to asset substitution problem, the impact of executive compensation on managerial risk-taking and the efficiency of bankruptcy procedures.

Can investors restrict managerial behavior in distressed firms?
Pryshchepa, O., Aretz, K., Banerjee, S. 12/2013 In: Journal of Corporate Finance. 23, p. 222-239. 18 p.
Journal article