Prof. Dr. Erik Theissen
Universität Mannheim
Fakultät für Betriebswirtschaftslehre
Lehrstuhl für ABWL & Finanzierung
D - 68161 Mannheim
Büro: L 9, 1-2, Raum 313
Tel.: +49 (0) 621 181-1517
Fax: +49 (0) 621 181-1519
Email: theissen(at)uni-mannheim.de
Sprechstunde:
Während der Vorlesungszeit:
Montags 14.00 bis 15.00 Uhr
Außerhalb der Vorlesungszeit:
nach Vereinbarung
Aktuell: siehe News
Kurzprofil
| seit 09/2009 | Professor der Finance Area an der Universität Mannheim |
| 10/2000-08/2009 | Professor am Fachbereich für Volkswirtschaftslehre, Universität Bonn |
| 10/2004-03/2005 | Gastprofessor an der Thammasat University, Bangkok, Thailand |
| 04/1999-04/2000 | Gastprofessor an der Groupe HEC, Jouy-en-Josas, Frankreich |
| 06/1998-09/2000 | Assistenzprofessor am Department of Economics and Business Administration, Universität Frankfurt |
Forschungsinteressen
- Markmikrostruktur
- Empirical Asset Pricing
- Blockchainanwendungen & Kryptowährungen
Publikationen
- Haselmann, R. und Theissen, E. (2019). Jan Krahnen zum 65. Geburtstag. Zeitschrift für betriebswirtschaftliche Forschung : ZfbF, 71, 415-417.
- Johann, T., Scharnowski, S., Theissen, E., Westheide, C. und Zimmermann, L. (2019). Liquidity in the German stock market. Schmalenbach Business Review : SBR, 71, 443-473.
- Korn, O., Krischak, P. K. R. und Theissen, E. (2019). Illiquidity transmission from spot to futures markets. The Journal of Futures Markets, 39, 1228-1249.
- Mestel, R., Nießen, L., Theissen, E., Uhlenkamp, C. und Wagner, D. (2019). Liquidität am österreichischen Aktienmarkt: Datenbank „FiRe Graz DS“. Bank-Archiv : Zeitschrift für das gesamte Bank- und Börsenwesen, 67, 620-629.
- Theissen, E. (2019). What can we learn from stock prices?: Cash flow, risk, and shareholder welfare : Comment. Journal of Institutional and Theoretical Economics : JITE, 175, 200-204.
- Andres, C., Betzer, A., Doumet, M. und Theissen, E. (2018). Open market share repurchases in Germany: A conditional event study approach. Abacus : A Journal of Accounting, Finance and Business, 54, 417-444.
- Mestel, R., Murg, M. und Theissen, E. (2018). Algorithmic trading and liquidity: Long term evidence from Austria. Finance Research Letters, 26, 198-203.
- Fahlenbrach, R., Hackbarth, D., Rocholl, J., Theissen, E. und Uhrig-Homburg, M. (2017). The future of corporate financing in Europe. Schmalenbach Business Review : SBR, 18, 179-180.
- Gomber, P., Sagade, S., Theissen, E., Weber, M. C. und Westheide, C. (2017). Competition between equity markets : a review of the consolidation versus fragmentation debate. Journal of Economic Surveys, 31, 792-814.
- Doumet, M., Limbach, P. und Theissen, E. (2016). Ich bin dann mal weg : Werteffekte von Delistings deutscher Aktiengesellschaften nach dem Frosta-Urteil. Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung : Zfbf, 68, 253-277.
- Andres, C., Doumet, M., Fernau, E. und Theissen, E. (2015). The Lintner model revisited: Dividends versus total payouts. Journal of Banking & Finance, 55, 56-69.
- Betzer, A., Gider, J., Metzger, D. und Theissen, E. (2015). Stealth trading and trade reporting by corporate insiders. Review of Finance, 19, 865-905.
- Gaul, J. und Theissen, E. (2015). A partially linear approach to modeling the dynamics of spot and futures prices. The Journal of Futures Markets, 35, 371-384.
- Gomber, P., Sagade, S., Theissen, E., Weber, M. C. und Westheide, C. (2015). The state of play in European over-the-counter equities trading. The Journal of Trading, 10, 23-32.
- Gomber, P., Schweickert, U. und Theissen, E. (2015). Liquidity dynamics in an electronic open limit order book: An event study approach. European Financial Management, 21, 52-78.
- Andres, C., Fernau, E. und Theissen, E. (2014). Should I Stay or Should I Go? Former CEOs as Monitors. Journal of Corporate Finance, 28, 26-47.
- Theissen, E. und Fellner, G. (2014). Short sale constraints, divergence of opinion and asset prices: Evicence from the Laboratory. Journal of Economic Behavior & Organization : JEBO, 101, 113-127.
- Andres, C., Betzer, A., van den Bongard, I. ., Haesner, C. und Theissen, E. (2013). The Information Content of Dividend Surprises: Evidence from Germany. Journal of Business Finance & Accounting : JBFA, 40, 620-645.
- Hengelbrock, J., Theissen, E. und Westheide, C. (2013). Market Response to Investor Sentiment. Journal of Business Finance & Accounting : JBFA, 40, 901-917.
- Artmann, S., Finter, P., Kempf, A., Koch, S. und Theissen, E. (2012). The Cross-Section of German Stock Returns: New Data and New Evidence. Schmalenbach Business Review : SBR, 64, 20-43.
- Grammig, J. und Theissen, E. (2012). Is BEST Really Better? Internalization of Orders in an Open Limit Order Book. Schmalenbach Business Review : SBR, 64, 82-100.
- Theissen, E. (2012). Price discovery in spot and futures markets: A reconsideration. The European Journal of Finance, 18, 969-987.
- Betzer, A. und Theissen, E. (2010). Sooner or later: An analysis of the delays in insider trading reporting. Journal of Business Finance & Accounting : JBFA, 37, 130-147.
- Betzer, A. und Theissen, E. (2009). Insider Trading and Corporate Governance: The Case of Germany. European Financial Management, 15, 402-429.
- Kasch, M. und Theissen, E. (2009). Competition Between Exchanges: Euronext versus Xetra. European Financial Management, 15, 181-207.
- Andres, C. und Theissen, E. (2008). Setting a fox to keep the geese: Does the comply-or-explain principle work?Journal of Corporate Finance, 14, 289-301.
- Andres, C. und Theissen, E. (2007). Eine empirische Untersuchung der individualisierten Veröffentlichung der Vorstandsvergütung. Die Betriebswirtschaft : DBW, 67, 167-178.
- Boehmer, E., Grammig, J. und Theissen, E. (2007). Estimating the probability of informed trading - does trade misclassification matter?Journal of Financial Markets, 10, 26-47.
- Foucault, T., Moinas, S. und Theissen, E. (2007). Does anonymity matter in electronic limit order markets?Review of Financial Studies, 20, 1707-1747.
- Theissen, E. (2007). An analysis of private investors’ stock market return forecasts. Applied Financial Economics, 17, 35-43.
- Löffler, G., Panther, P. F. und Theissen, E. (2006). Der vorbörsliche Handel mit IPOs. Betriebswirtschaftliche Forschung und Praxis : BFuP, 58, 481-494.
- Löffler, G., Panther, P. F. und Theissen, E. (2005). Who knows what when? The information content of pre-IPO market prices. Journal of Financial Intermediation, 14, 466-484.
- Elsas, R., El-Shaer, M. und Theissen, E. (2003). Beta and returns revisited: Evidence from the German stock market. Journal of International Financial Markets, Institutions & Money, 13, 1-18.
- Köndgen, J. und Theissen, E. (2003). Internalisierter Wertpapierhandel zu Börsenpreisen?Wertpapier-Mitteilungen : WM ; Fachorgan für das gesamte Wertpapierwesen. Teil 4, Zeitschrift für Wirtschafts- und Bankrecht, 57, 1497-1509.
- Theissen, E. (2003). Trader anonymity, price formation and liquidity. European Finance Review, 7, 1-26.
- Theissen, E. (2002). Empirische Untersuchungen zum Vergleich von Parketthandel und elektronischen Handelssystemen. Rer.pol. : Zeitschrift für die Mitglieder der Frankfurter Wirtschaftswissenschaftlichen Gesellschaft e.V., 2002, 19-15.
- Theissen, E. (2002). Floor versus screen trading: Evidence from the German stock market. Journal of Institutional and Theoretical Economics : JITE, 158, 32-54.
- Theissen, E. (2002). Internalisierung und Marktqualität: Was bringt Xetra Best?Kredit und Kapital, 35, 550-571.
- Theissen, E. (2002). Price discovery in floor and screen trading systems. Journal of Empirical Finance, 9, 455-474.
- Theissen, E. (2002). Underpricing und Anlegerdiskriminierung bei Aktienemissionen. Journal of Business Economics : JBE = Zeitschrift für Betriebswirtschaft, 72, 1025-1044.
- Freihube, T. und Theissen, E. (2001). An Index Is an Index Is an Index?Schmalenbach Business Review : SBR, 53, 295-320.
- Grammig, J., Schiereck, D. und Theissen, E. (2001). Knowing me, knowing you: Trader anonymity and informed trading in parallel markets. Journal of Financial Markets, 4, 385-412.
- Kehr, C.-H., Krahnen, J. P. und Theissen, E. (2001). The anatomy of a call market. Journal of Financial Intermediation, 10, 276-305.
- Theissen, E. (2001). A test of the accuracy of the Lee/
Ready trade classification algorithm. Journal of International Financial Markets, Institutions & Money, 11, 147-165. - Grammig, J., Schiereck, D. und Theissen, E. (2000). Informationsbasierter Aktienhandel über IBIS. Schmalenbachs Zeitschrift für Betriebswirtschaftliche Forschung : Zfbf, 52, 619-642.
- Theissen, E. (2000). Market structure, informational efficiency and liquidity: An experimental comparison of auction and dealer markets. Journal of Financial Markets, 3, 333-363.
- Brauneis, A., Mestel, R., Riordan, R. und Theissen, E. (2020). How to measure the liquidity of cryptocurrencies?SSRN Working Paper Series. Rochester, NY.
- Scharnowski, S., Theissen, E., Westheide, C. und Satchit, S. (2019). A tale of two cities. SSRN Working Paper Series. Rochester, NY.
- Brauneis, A., Mestel, R., Riordan, R. und Theissen, E. (2018). Bitcoin exchange rates: How integrated are markets?SSRN Working Paper Series. Rochester, NY.
- Betzer, A., van den Bongard, I. ., Theissen, E. und Volkmann, C. (2017). All is not lost that is delayed : overconfidence and investment failure. SSRN Working Paper Series. Rochester, NY.
- Johann, T. und Theissen, E. (2017). The best in town : a comparative analysis of low-frequency liquidity estimators. SSRN Working Paper Series. Rochester, NY.
- Rischen, T. und Theissen, E. (2017). Underpricing in the European corporate bond market. SSRN Working Paper Series. Rochester, NY.
- Gomber, P., Sagade, S., Theissen, E., Weber, M. C. und Westheide, C. (2016). Competition between equity markets : a review of the consolidation versus fragmentation debate. SAFE Working Paper, 35. Frankfurt am Main: University of Frankfurt.
- Gomber, P., Sagade, S., Theissen, E., Weber, M. C. und Westheide, C. (2016). Spoilt for choice : order routing decisions in fragmented markets. SAFE Working Paper, 143. Frankfurt am Main: University of Frankfurt.
- Theissen, E. und Westheide, C. (2016). Call of duty : designated market maker participation in call auctions. CFR Working Paper, 16-05. Köln: Centre for Financial Research.
- Andres, C., Betzer, A., Doumet, M. und Theissen, E. (2014). Open Market Share Repurchases in Germany: A Conditional Event Study Approach. Schumpeter discussion papers, 14-010. Wuppertal.
- Betzer, A., Gider, J., Metzger, D. und Theissen, E. (2014). Stealth Trading and Trade Reporting by Corporate Insiders. SSRN working papers series. Rochester, NY.
- Korn, O., Krischak, P. K. R. und Theissen, E. (2014). Illiquidity transmission from spot to futures markets. CFR Working Paper, 14-10. Köln.
- Theissen, E. und Zehnder, L. S. (2014). Estimation of Trading Costs : Trade Indicator Models Revisited. CFR Working Paper, 14-09. Köln.
- Gomber, P., Sagade, S., Theissen, E., Weber, M. C. und Westheide, C. (2013). Competition/
Fragmentation in Equities Markets: A Literature Survey. SAFE Working Paper, 35. Rochester, NY. - Kroencke, T. A., Schindler, F., Sebastian, S. und Theissen, E. (2013). GDP mimicking portfolios and the cross-section of stock returns. ZEW Discussion Papers, 13-026. Mannheim.
- Theissen, E., Voigt, C. und Westheide, C. (2013). Designated Market Makers in Electronic Limit Order Books - A Closer Look. SSRN Working Paper Series. Berlin [u.a.].
- Andres, C., Betzer, A., van den Bongard, I. ., Haesner, C. und Theissen, E. (2012). Dividend Announcements Reconsidered: Dividend Changes Versus Dividend Surprises. SSRN Working Paper Series. Rochester, NY.
- Andres, C., Fernau, E. und Theissen, E. (2012). Is It Better To Say Goodbye? When Former Executives Set Executive Pay. CFR Working Paper, 12-02. Köln.
- Dettenrieder, D. und Theissen, E. (2012). The Market Reaction to Corporate Disclosure: Evidence from Germany. Midwest Finance Association 2013 Annual Meeting Paper. Mannheim ; Münster.
- Theissen, E. und Zaehres, M. (2012). The Price Pressure Hypothesis Revisited: Evidence from Tax-Induced Selling. SSRN Working Paper Series. Rochester, NY.
- Andres, C., Betzer, A., van den Bongard, I. ., Haesner, C. und Theissen, E. (2011). Dividend Announcements Reconsidered: Dividend Changes versus Dividend Surprises. SSRN Working Paper Series. Rochester, NY.
- Gomber, P., Schweickert, U. und Theissen, E. (2011). Liquidity Dynamics in an Electronic Open Limit Order Book: An Event Study Approach. CFR Working Paper, 11-14. Köln.
- Grammig, J., Theissen, E. und Wünsche, O. (2011). Time and the Price Impact of a Trade: A Structural Approach. Working paper. Mannheim ; Tübingen.
- Hengelbrock, J., Theissen, E. und Westheide, C. (2010). Market Response to Investor Sentiment. SSRN Working Paper Series. Rochester, NY.
- Krahnen, J. P., Schmid, F. A. und Theissen, E. (2006). Investment Performance and Market Share : Evidence from the German Mutual Fund Industry. CFR Working Paper, 06-06. Frankfurt a. M.: Centre for Financial Research.