Forschung
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Publikationen und Forschungspapiere
- Bekkum, S., Gabarro, M. und Irani, R. (2018). Does a larger menu increase appetite? Collateral eligibility and credit supply. The Review of Financial Studies, 31, 943-979
- Kim, E., Maug, E. und Schneider, C. (2018). Labor representation in governance as an insurance mechanism. Review of Finance, 22, 1251-1289
- Focke, F., Maug, E. und Niessen-Ruenzi, A. (2017). The impact of firm prestige on executive compensation. Journal of Financial Economics, 123, 313-336
- Klein, O., Maug, E. und Schneider, C. (2017). Trading strategies of corporate insiders. Journal of Financial Markets, 34, 48-68
- Hillert, A., Maug, E. und Obernberger, S. (2016). Stock repurchases and liquidity. Journal of Financial Economics, 119, 186-209
- Dittmann, I., Kübler, D., Maug, E. und Mechtenberg, L. (2014). Why votes have value : instrumental voting with overconfidence and overestimation of others' errors. Games and Economic Behavior, 84, 17-38
- Dittmann, I., Maug, E. und Spalt, O. (2013). Indexing Executive Compensation Contracts. Review of Financial Studies, 26, 3182-3224
- Dittmann, I., Maug, E. und Zhang, D. (2011). Restricting CEO Pay. Journal of Corporate Finance, 17, 1200-1220
- Maug, E. und Albrecht, B. (2011). Struktur und Höhe der Vorstandsvergütung : Fakten und Mythen. Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung : Zfbf, 63, 858-881
- Maug, E. und Naik, N. (2011). Herding and delegated portfolio management : the impact of relative performance evaluation on asset allocation. The Quarterly Journal of Finance : QJF, 1, 265-292
- Dittmann, I., Maug, E. und Schneider, C. (2010). Bankers on the boards of German firms : What they do, what they are worth, and why they are (still) there? Review of Finance, 14, 35-71
- Dittmann, I., Maug, E. und Spalt, O. (2010). Stick or Carrots? Optimal CEO Compensation when Managers are Loss-averse. The Journal of Finance, 65, 2015-2050
- Güth, W., Kröger, S. und Maug, E. (2009). Bargaining under large risk - an experimental analysis. New Zealand Economic Papers, 43, 105-129
- Maug, E. und Rydqvist, K. (2009). Do shareholders vote strategically? Voting behavior, proposals screening, and majority rules. Review of Finance, 13, 47-79
- Dittmann, I., Maug, E. und Schneider, C. (2008). How Preussag Became TUI: A Clinical Study of Institutional Blockholders and Restructuring in Europe. Financial Management, 37, 571-598
- Dittmann, I. und Maug, E. (2007). Lower Salaries and No Options: The Optimal Structure of Executive Pay. Journal of Finance, 62, 303-343
- Güth, W. und Maug, E. (2007). Who Volunteers? A Theory of Firms Allowing for Intrinsically Motivated Agents. Zeitschrift für Betriebswirtschaft : ZfB, 77, 49-74
- Maug, E. (2006). Efficiency and fairness in minority freezeouts: Takeovers, overbidding, and the freeze-in problem. International Review of Law and Economics, 26, 355-379
- Dittmann, I., Maug, E. und Kemper, J. (2004). How fundamental are fundamental values? Valuation methods and their impact on the performance of German venture capitalists. European Financial Management, 10, 609-638
- Maug, E. (2002). Insider trading legislation and corporate governance. European Economic Review : EER, 46, 1569-1597
- Maug, E. und Yilmaz, B. (2002). Two-class voting : a mechanism for conflict resolution in bankruptcy? American economic review : AER, 92, 1448-1471
- Maug, E. (2001). Ownership structure and the life-cycle of the firm : a theory of the decision to go public. European Finance Review, 5, 167-200
- Maug, E. (2000). The relative performance puzzle. Schmalenbach business review : Sbr, 52, 3-24
- Maug, E. (1998). Large shareholders as monitors : is there a trade-off between liquidity and control? The Journal of Finance, 53, 65-98
- Maug, E. (1997). Boards of directors and capital structure : alternative forms of corporate restructuring. Journal of Corporate Finance, 3, 113-139
- Maug, E. (1996). Corporate control and the market for managerial labour : on the decision to go public. European Economic Review : EER, 40, 1049-1056
- Meier, K., Niessen-Ruenzi, A. und Ruenzi, S. (2018). The impact of role models on women's self-selection in competitive environments. : Rochester, NY
- Antoni, M., Maug, E. und Obernberger, S. (2017). Private equity and human capital risk. : Brussels [u.a.]
- Hillert, A., Maug, E. und Obernberger, S. (2013). Stock Repurchases and Market Liquidity. : Mannheim
- Daske, H., Maug, E. und Halteren, J. (2010). Evaluating Methods to Estimate the Implied Cost of Equity Capital: A Simulation Study. : Rochester, NY
- Dittmann, I., Kübler, D., Maug, E. und Mechtenberg, L. (2010). Why Votes have a Value. : Rochester, NY
- Klein, D. und Maug, E. (2010). How do Executives Exercise their Stock Options? : Rochester, NY
- Lebedeva, O., Maug, E. und Schneider, C. (2009). Stealth Trading by Corporate Insiders. : Rochester, NY
- Maug, E., Dittmann, I. und Schneider, C. (2009). Bankers and the performance of German firms. :
- Dittmann, I. und Maug, E. (2008). Biases and Error Measures: How to Compare Valuation Methods. : Rochester, NY
- Dittmann, I. und Maug, E. (2007). Valuation biases, error measures, and the conglomerate discount. : Mannheim
- Dittmann, I., Maug, E. und Schneider, C. (2007). How Preussag became TUI : kissing too many toads can make you a toad. :
- Dittmann, I., Maug, E. und Spalt, O. (2007). Sticks or Carrots? Optimal CEO Compensation when Managers are loss averse. : Mannheim
- Maug, E. und Dittmann, I. (2007). Lower salaries and no options : the optimal structure of executive pay. :
- Maug, E., Halteren, J. und Ackerman, A. (2007). Insider trading legislation and acquisition announcements : do laws matter? : Mannheim
- Maug, E. und Rydqvist, K. (2007). Do shareholders vote strategically? Voting behavior, proposals screening, and majority rules. : Mannheim
- Dittmann, I., Maug, E. und Spalt, O. (2006). Executive Stock Options when Managers Are Loss-Averse. : Mannheim
- Barko, T. und Renneboog, L. (2015). Mutual funds : management styles, social responsibility, performance, and efficiency. In Baker, H. Mutual funds and exchange-traded funds : building blocks to wealth (S. 268-290).. New York, NY: Oxford University Press.
- Degeorge, F. und Maug, E. (2008). Corporate finance in Europe : a survey. In Freixas, X. Handbook of European financial markets and institutions (S. 217-237).. Oxford [u.a.]: Oxford University Press.
- Dittmann, I. und Maug, E. (2005). Warum optimale Anreizverträge keine Optionen enthalten. In Franz, W. Funktionsfähigkeit und Stabilität von Finanzmärkten (S. 1-20).. Tübingen: Mohr Siebeck.
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Finance Seminar
Aktuelle Informationen zum Finance-Seminar der Area Banking, Finance & Insurance:
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Research Seminar Corporate Finance
In this seminar, doctoral students from our chair present their current work. It is open to faculty members and interested students. If not stated otherwise in parentheses, our seminars take place during the semester on Thursdays from 1:45 p.m. - 3:15 p.m. in L9, 1-2 (room 4.09).
Fall 2018
Date Name Title Sep 13 tbd tbd Sep 20 tbd tbd Oct 4 tbd tbd Oct 11 tbd tbd Oct 18 tbd tbd Oct 25 tbd tbd Nov 8 tbd tbd Nov 15 tbd tbd Nov 22 tbd tbd Nov 29 tbd tbd -
Brownbag Seminar
Thursday, 12:30 p.m. - 1:30 p.m.
O 131 (unless otherwise stated)Fall 2018
Date Name Title Sep 13 Christian Schmidt Bank Leverage, Capital Requirements and Banks‘ Implied Cost of (Equity) Capital Sep 27 tba tba Oct 11 tba tba Oct 25 tba tba Nov 08 tba tba Nov 22 tba tba May 24 tba tba