Download my papers from my SSRN Page
Main Publications:
Employment Risk, Compensation Incentives, and Managerial Risk Taking: Evidence from the Mutual Fund Industry, 2009, in: Journal of Financial Economics. Vol. 92, p. 92 – 108. (with Alexander Kempf and Tanja Thiele)
Tournaments in Mutual Fund Families, 2008, in: Review of Financial Studies, Vol. 21 (2), p. 1013 – 1036. (with Alexander Kempf)
Further Publications in Refereed Journals
Political Connectedness and Firm Performance: Evidence from Germany, 2009, erscheint in: German Economic Review. (with Alexandra Niessen)
Family Matters: The Performance-Flow Relationship in the Mutual Fund Industry, 2008, in: Journal of Business Finance & Accounting, Vol. 35 (1) & (2), p. 177 – 199. (with Alexander Kempf)
Status Quo Bias and the Number of Alternatives - An Empirical Illustration from the Mutual Fund Industry, 2006, in: Journal of Behavioral Finance, Vol. 7 (4), p. 204 – 213. (with Alexander Kempf)
Mutual Fund Growth in Standard and Specialist Market Segments, 2005, in: Financial Markets and Portfolio Management, Vol. 19 (2), p. 151 – 165.
Working Papers:
Is a Team so Different from the Sum of Its Parts? Team Management in the Mutual Fund Industry (with Michaela Bär and Alexander Kempf), 2009, revise & resubmit: Review of Finance.
Sex Matters - gender Differences in the Mutual Fund Industry (with Alexandra Niessen), 2008.
The Impact of Diversity on Performance: Large Sample Evidence from the Mutual Fund Industry (with Michaela Bär and Alexandra Niessen), 2008.
Overconfidence Among Professional Investors: Evidence from Mutual Fund Managers (with Alexander Pütz), 2008, revise & resubmit: Journal of Business Finance and Accounting
Does Team Management Reduce Operational Risk? Evidence from the Financial Services Industry (with Michaela Bär and Conrad Ciccotello), 2008.
On the Usability of Synthetic Measures of Mutual Fund Net-Flows: A Note (with Silke Ber), 2007.
Team Management and Mutual Funds (with Michaela Baer and Alexander Kempf), 2005.
Book in German (Doctoral Thesis):
Optimale Gestaltung von Fondsfamilien: Organisation und Intrafirmenwettbewerb (Mutual Fund Families – Organization and Intra-Firm Competition), Beiträge zur betriebswirtschaftlichen Forschung, Band 112, Deutscher Universitäts-Verlag, 2006 Wiesbaden (also: Dissertation, University of Cologne, 2005).
Refereed Publications in German:
Determinanten der Mittelzuflüsse bei deutschen Aktienfonds (Determinants of Net-Inflows for German Mutual Funds), 2007, in: Zeitschrift für betriebswirtschaftliche Forschung, Vol. 59 (Jan), p. 35 – 60. (with Silke Ber and Alexander Kempf)
Ethikfonds (Ethical Mutual Funds), 2004, in: Die Betriebswirtschaft, Vol 65, p. 101 – 104.
Working Papers in German:
Rapid Trading bei deutschen Aktienfonds: Evidenz aus einer großen deutschen Fondsgesellschaft (Rapid Trading among German Equity Mutual Funds, with Jieyan Fang), 2009.
Anlagestrategien von Ethikfonds und zugrundeliegende Ethikkonzeptionen (Investment Strategies of Ethical Mutual Funds and Underlying Ethical Conceptions, with Frank Galbas), 2003.
Chapters in Books & Other Publications:
Warum Manager Aktien ihres eigenen Unternehmens halten (in German), forthcoming in: European Value Investor (with Ulf von Lilienfeld-Toal)
Schwanken ist männlich (in German), in: Frankfurter Allgemeine Zeitung, May 16, 2007, Supplement on Mutual Funds, Page B3 (with Alexandra Niessen).
The German Mutual Fund Market, 2006, in: Greg N. Gregoriou (editor): Performance of Mutual Funds – An International Perspective, Palgrave Macmillan (with Silke Ber and Alexander Kempf).
Quer um bom fundo? De uma chance às mulheres (in Portuguese), in: Valor Investe, April/May/June 2006 (with Alexandra Niessen).
Riskante Spiele (in German) in: Frankfurter Allgemeine Zeitung, May 24, 2006, Supplement on Mutual Funds, Page B4 (with Silke Ber and Alexander Kempf).
Implied Option Contracts and Risk Incentives for Mutual Fund Managers in: ZEW Special Stock Options Watch, January/February 2006, pp. 1-2 (Lead Article). Also published in German language under the title ‘Implizite Optionsentlohnung und Risikoanreize bei Investmentfonds’, in: ZEW Stock Options Watch, December 2005, pp. 2-4.
Die Qual der Wahl – Eine empirische Untersuchung zur Abhängigkeit des Status-Quo Bias von der Alternativenanzahl im Fondsmarkt (The Agony of Deciding - An Empirical Study of the Status-Quo Bias in the Mutual Fund Market), in: Matthias Bank/Bettina Schiller (Eds.) Finanzintermediation - Theoretische, wirtschaftspolitische und praktische Aspekte aktueller Entwicklungen im Bank- und Börsenwesen, Stuttgart, 2004, p. 103-122 – in German (with Alexander Kempf).