Asma Fattoum is a professor at Copenhagen Business School and research fellow at IFGE. Her work focuses on the impact of IPOs on firms’ practices and governance structures.

Research interests

Entrepreneurship, founder CEOs, family firms, venture growth

Initial Public Offerings (IPOs)

Ownership structures, board of directors, CEO succession

Courses taught

Corporate Governance – Entrepreneurship – Initiation to venture creation – Strategy and Business Policy – Business Strategy Simulation Game


CBS – Copenhagen Business School
Assistant professor
Room: KIL/14.A-3.57
Tel: +45 38153581


> Formation

2008 – 2014. Ph.D in Strategic Management. Major in Entrepreneurship, defended in April 2014. EMLYON Business School, France. Title: “Kings Today, Rich Tomorrow: Three Essays on How Founder-CEOs Succeed IPOs” Internal supervisors: Frédéric Delmar (Lund University), Pierre-Yves Gomez (EMLYON) – External supervisor: Mike Wright (Imperial College London).

1998 –  2004. PhD in Economics – Université Lumière Lyon 2, France

1997 – 1998. Master of Science in Economics – Université Lumière Lyon 2, France

1993 – 1997. Bachelor of Science in Management – École Supérieure de Commerce de Tunis

> Publications

 Fattoum, A. & Delmar, F. (2013) “Kings today, rich tomorrow: How do steward founder-CEOs succeed IPOs”. Best paper proceedings of the Academy of Management Conference, Orlando,August 2013.

 Fattoum, A. & Delmar, F. (2012) “Founder status, defensive mechanisms and IPO underpricing” (full text), Frontiers of Entrepreneurship Research (FER), pp.183-196.

 Fattoum, A., Delmar, F. (2011) “The impact of separated voting and cash-flow rights on French IPO valuation: A principal agent perspective” (full text), Frontiers of Entrepreneurship Research, pp.351-363.

 Fattoum, A. & Hollandts, X. (2010) «Antecedents and conséquences of the two-tier board structure : Some empirical evidence from France» Strategic Management Society Annual Meeting, Rome, September 2010
Fattoum, A. & Guedri Z. (2009) « The Impact of mechanisms disconnecting cash flow rights from voting rights on IPO valuation» Strategic Management Society Annual Meeting, Washington D.C., October 2009.

Fattoum, A. «Monetary policy and management of capital inflows: The case of emerging markets» Unpublished doctoral thesis.  

Professional memberships
French Corporate Governance Institute
Strategic Management Society

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