Prof. Dr. Stefan Ruenzi
Photo credit: Siegfried Herrmann
Chair of International Finance
Consultation hour(s):
On appointment
On appointment
Short Biography
|
seit 09/ | Professor of Finance at the University of Mannheim |
| 2005–2009 | Habilitation (Postdoctoral Dissertation) at the University of Cologne |
| 2000–2005 | Doctorate at the University of Cologne |
| 1994–2000 | Diploma in Economics at the University of Konstanz |
International Experience
| 2016 | Visiting researcher at the Higher School of Economics (HSE), Moscow, Russia |
| 2016 | Visiting professor at the Business School of Hong Kong University of Science and Technology, Hong Kong |
| 2013, 2012, 2011, 2006 | Visiting researcher at the School of Banking and Finance, University of New South Wales, Sydney, Australia |
| 2010, 2005 | Researcher and Visiting Professor at the J. Mack Robinson College of Business at Georgia State University, Atlanta, USA |
| 2007–2009 | Assistant Professor in Finance (Visiting) at the Department of Finance of the McCombs School of Business, Austin, USA |
| 1998 | Study abroad at the University of Adelaide, Australia |
Selected publications
Journal Articles
- Focke, F., Ruenzi, S. and Ungeheuer, M. (2020). Advertising, attention, and financial markets. The Review of Financial Studies, 33, 4676–4720.
- Ruenzi, S., Ungeheuer, M. and Weigert, F. (2020). Joint extreme events in equity returns and liquidity and their cross-sectional pricing implications. Journal of Banking & Finance, 115.
- Niessen-Ruenzi, A. and Ruenzi, S. (2019). Sex matters: Gender bias in the mutual fund industry. Management Science, 65, 3001–3025.
- Fousseni, C.-Y., Ruenzi, S. and Weigert, F. (2018). Crash sensitivity and the cross section of expected stock returns. Journal of Financial and Quantitative Analysis : JFQA, 53, 1059–1100.
- Agarwal, V., Ruenzi, S. and Weigert, F. (2017). Tail risk in hedge funds : a unique view from portfolio holdings. Journal of Financial Economics, 125, 610–636.
- Hoechle, D., Ruenzi, S., Schaub, N. and Schmid, M. (2017). The impact of financial advice on trade performance and behavioral biases. Review of Finance, 21, 871–910.
- Koch, A., Ruenzi, S. and Starks, L. T. (2016). Commonality in liquidity: a demand-side explanation. The Review of Financial Studies, 29, 1943–1974.
- von Lilienfeld-Toal, U. and Ruenzi, S. (2014). CEO Ownership, Stock Market Performance, and Managerial Discretion. The Journal of Finance, 69, 1013–1050.
- Bär, M., Kempf, A. and Ruenzi, S. (2011). Is a team different from the sum of its parts? Evidence from mutual fund managers. Review of Finance, 15, 359–396.
- Kempf, A., Ruenzi, S. and Thiele, T. (2009). Employment risk, compensation incentives, and managerial risk taking: Evidence from the mutual fund industry. Journal of Financial Economics, 92, 92–108.
- Ruenzi, S. and Kempf, A. (2008). Tournaments in Mutual Fund Families. The Review of Financial Studies, 21, 1013–1036.
Working Papers
Academic Awards
- Engelbert Dockner Memorial Prize, Best Paper Award, for "Financial Advice and Bank Profits” (2017)
- bai Research Award, for "Financial Advice and Bank Profits” (2017)
- Rothschild Caesare Center Conference, Herzilya, Best Paper Award, for "Sex Matters – Gender and Prejudice in the Mutual Fund Industry” (2012)
- SWFA Best Conference Paper Award, Southwest Finance Association Annual Meeting für "Why Managers Hold Shares of Their Firm: Empirical Evidence” (2008)
- Academy of Management Emerald Best Student Paper, Academy of Management Annual Meeting für The Impact of Work Group Diversity on Performance: Large Sample Evidence from the Mutual Fund Industry (2008)
- SABE Best Conference Paper Award, for "Sex Matters: Gender Differences in a Professional Setting” (2007)
- Acatis Value Price (2. Platz), Award for the best Paper focusing on “Value Investing” for “Why Managers Hold Shares of Their Firm: Empirical Evidence” (2007)
- DGF Outstanding Conference Paper, Best Paper Award at the 13th annual conference of the DGF for "Sex Matters: Gender Differences in a Professional Setting” (2006)
- Swisscanto Award, Best professional paper in “Financial Markets and Portfolio Management” for “Mutual Fund Growth in Standard and Specialist Market Segments” (2005)
- GFC Best Paper Award, 10th Global Finance Conference für “Tournaments in Mutual Fund Families” (2003)
- BSI Gamma Foundation Grant, Research fellowship for “Tournaments in the Mutual Fund Industry” (2001)
Reviewing
- Journals: Journal of Finance, Review of Financial Studies, Review of Finance, Journal of Economic Behavior and Organization, Journal of Financial Markets and many more.
Press Coverage
- Articles covering my research were published in: New York Times, Wall Street Journal, International Herald Tribune, Financial Times, La Nación, Les Echos, Le Temps, Valor Econômico, FAZ, Handelsblatt, Süddeutsche Zeitung, Börsenzeitung, Financial Times Deutschland, Neue Zürcher Zeitung, u.v.a.
- Further media coverage in numerous online publications and radio (e.g. WDR, Radio-Z) as well as TV (ARD Morgenmagazin).