At the Chair of Empirical Corporate Finance, we address classic topics in corporate finance such as payout policy and capital structure, but also examine issues at the intersection between finance and corporate governance. Our findings are of interest to the academic community and practitioners and are applied in teaching at WHU’s various programs.

Research and publications at the leading edge - Covering topics on corporate finance, corporate governance, and more

Finance and Accounting Group

Pandey, N., Andres, C., Kumar, S. (2023), Mapping the corporate governance scholarship: current state and future directions, Corporate Governance: An International Review, Vol. 31 (1), pp. 127-160.

Finance and Accounting Group

Andres, C., Betzer, A., Doumet, M. (2021), Measuring changes in credit risk: the case of CDS event studies, Global Finance Journal, Vol. 49, 100647.

Finance and Accounting Group

Andres, C., Betzer, A., Van Den Bongard, I., Goergen, M. (2019), Dividend policy, corporate control and the tax status of the controlling shareholder, Economia e Politica Industriale : Journal of Industrial and Business Economics, Vol. 46 (2), pp. 157–189.

New York Society of Security Analysts (2015)

Underwriter Reputation & Certification in the High Yield Bond Market", in: M. Fridson und K. Sterling (eds.), "High Yield Future Tense: Cracking the Code of Speculative Debt".

Andres, C., Betzer, A. und Limbach, P.
Cambridge University Press, Cambridge 2013

Restructuring in Family Firms: A Tale of the Two Crises.

Andres, C., Croci, E. und Caprio, L.
Kölner Schriften zum Wirtschaftsrecht (KSzW) 1/2013, 92-96 (2013)

Auswirkungen guter Corporate Governance und Compliance auf den Unternehmenswert.

Andres, C., Betzer, A. Doumet, M. und Limbach, P.
BAI-Newsletter 1/2011 (März), S. 25-29 (2011)

The Impact of Intermediaries' Reputation on the Pricing and Performance of U.S. High-Yield Corporate Bonds.

Andres, C., Betzer, A. und Limbach, P.
Oxford University Press (2011)

Buyouts Around the World, in: D. Cuming (Hrsg.), "The Oxford Handbook of Private Equity".

Andres, C., Betzer, A. und Gider, J.
Kolb Series in Finance, John Wiley & sons (2010)

Corporate Governance Systems, in: H. Kent Baker und R. Anderson (Hrsg.), "Corporate Governance: A Synthesis of Theory, Research, and Practice".

Andres, C., Betzer, A., Goergen, M. und Metzger, D.
Kolb Series in Finance, John Wiley & sons, 2009, Kapitel 3 (2009)

Trends in Dividends, in: H. Kent Baker (Hrsg.), "Dividends and Dividend Policy".

Andres, C., Betzer, A., Correia da Silva, L. und Goergen, M
BAI-Newsletter I/2008 (März), S. 35-38 (2008)

Private-Equity-Investitionen in börsennotierten Unternehmen in Deutschland.

Achleitner, A. K., Andres, C. und Betzer, A.
Berlin (2007)

Corporate Governance in Germany: An Empirical Examination of Ownership Structures, Payout Policy and Disclosure Regulation.

Andres, C.
Vol. 2, Gabler-Verlag (2006)

Going Private via Leveraged Buyout, in M. Busack und D. Kaiser (Hrsg.), "Handbuch Alternative Investments".

Andres, C., Betzer, A. und Hoffmann, M.

Does Speculative News Hurt Productivity? Evidence from Takeover Rumors

Andres, C., Bazhutov, D., Cumming, Douglas J., Limbach, P.

Delegated Monitoring: The Effectiveness and Pricing of Bond Indenture Trustees.

Andres, C., Betzer, A., und Limbach, P.

Cash Windfalls and Acquisitions.

Andres, C., Croci, E. und Hofbaur, U

Get to know our team –

We look forward to hearing from you.
Professor Christian Andres
Professor Christian Andres
Chairholder Room: D-122
Nicola Schumacher
Nicola Schumacher
Research Assistant
Stevan Bajic
Stevan Bajic
External Doctoral Candidate
Markus Duram
Markus Duram
External Doctoral Candidate
Dr. Ulrich Hofbaur
Dr. Ulrich Hofbaur
Dissertation: Essays on Empirical Corporate Finance
Dr. Ali Özdakak
Dr. Ali Özdakak
Dissertation: Empirical Essays on Initial Public Offerings and Mergers & Acquisitions

Our Location

Campus Vallendar
Chair of Empirical Corporate Finance
WHU – Otto Beisheim School of Management
D'Esterstraße 13
56179 Vallendar