Claus Parum

Claus Parum is an Associate Professor at the Department of Finance, Copenhagen Business School (CBS). His research focuses on Corporate Finance, with emphasis on Cost of Capital, Capital Structure, Payout Policy, Valuation/Investment Policy, and Risk Premium. He teaches Corporate Finance courses in CBS' Master programs (FIR and FSM) and MBA programs, including CBS Executive and Summer School. Additionally, he serves as a Visiting Professor at Reykjavik University and contributes to professional education through courses organized by Den Danske Aktuarforening (The Danish Society of Actuaries).

His research publications analyze taxation impacts on equity investments, risk premium dynamics, corporate payout policies, and capital structure optimization. Recent works explore tax implications of property investments and dividend/share buyback strategies. Over 54 publications span peer-reviewed journals like Finans/Invest and book chapters addressing practical corporate finance issues.

Parum's academic contributions bridge theoretical frameworks with real-world financial decision-making, particularly in Danish and international corporate contexts. His teaching integrates cutting-edge research to prepare students for complex financial challenges in global markets.