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Als einzige deutsche Privatuniversität ist die WHU Mitglied der Deutschen Forschungsgemeinschaft (DFG), in der unsere Lehrstuhlinhaber die herausragende Qualität ihrer wissenschaftlichen Arbeit unter Beweis stellen. Über das exzellente wissenschaftliche Know-How hinaus verfügen die WHU-Professoren zudem über ein hohes Maß an Erfahrung in der Managementpraxis.

Nihat Aktas is professor of Corporate Finance at the Chair of Mergers and Acquisitions at WHU. The Chair’s research and teaching is in the broad area of finance with a focus on corporate valuation, investment banking, and mergers and acquisitions. Professor Aktas is the coauthor of several research articles published in peer-reviewed international journals including the Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Economic Journal, Journal of Corporate Finance, and Journal of Banking & Finance. His research has been featured on the programs of various international conferences, such as the American Finance Association and European Finance Association, and quoted in widely read international media, such as the Financial Times and The New York Times.

Christian Andres

Christian Andres has a PhD from the University of Bonn (Germany) and is chairholder of Empirical Corporate Finance at WHU. His areas of expertise are Capital Structure, Payout Policy, Executive Compensation, Corporate Governance and Family Firms.

Prof. Dr. Malte Brettel is professor for Innovation and Entrepreneurship at RWTH Aachen University and adjunct professor for entrepreneurship at WHU - Otto Beisheim School of Management, Germany. He received his doctoral degree and his postdoctoral qualification from WHU – Otto Beisheim School of Management. He has worked as a management consultant for several years and is co-founder of JustBooks (ABEBooks) and several other companies. His areas of research interest include entrepreneurial management and development, entrepreneurial marketing, entrepreneurial finance, and innovation management. He has published several books as well as in many academic journals, such as in the Strategic Management Journal, the Journal of Product Innovation Management, the Journal of Business Venturing, and Marketing Letters, and has presented his research at leading international conferences.

Anna Dubiel is the Roechling Assistant Professor of International Innovation Management at the WHU – Otto Beisheim School of Management. She received her Ph.D. from the WHU. Her areas of expertise include innovation and R&D management with a focus on international markets.

Tim Oliver Brexendorf (Dr. oec. HSG, University St. Gallen, Switzerland) is apl. Professor of Marketing and Director of the Henkel Center for Consumer Goods at WHU. His areas of expertise include brand management, product management, and manufacturer-retailer relationships.

Holger Ernst

Professor Holger Ernst (Dr. sc. pol., Dr. sc. pol. habil. University of Kiel, Germany) is Professor of Technology and Innovation Management at WHU. His areas of expertise include technology and innovation management, new product development, entrepreneurship and intellectual property management.

Martin Fassnacht (Dr. rer. pol., University of Mainz, Germany; Dr. rer. pol. habil., University of Mannheim, Germany) is Professor of Marketing and Holder of the Otto Beisheim Endowed Chair of Marketing and Commerce at WHU – Otto Beisheim School of Management. His teaching and scientific research focuses on the fields of Price Management, Retail Marketing, Brand and Luxury Management and Market-Oriented Corporate Management.

Ralf Fendel holds the Chair for Monetary Economics at WHU – Otto Beisheim School of Management. He is also the academic director of the Bachelor program and the “Studium Generale”. His areas of expertise are monetary theory and policy as well as international macroeconomics.

Michael Frenkel

Michael Frenkel has a doctoral degree from the University of Mainz (Germany) and is a professor of Macroeconomics and International Economics and director of the Center for European Studies (CEUS). He is Associate Dean for International Relations and Diversity at WHU – Otto Beisheim School of Management. His areas of expertise are European integration, exchange rate economics, economic growth, globalization, and development economics.

Martin Glaum (Dr. rer. pol.) is professor of International Accounting at WHU. His areas of expertise are international financial reporting, risk management and mergers and acquisitions (M&A).

Christian Hagist holds the Chair for Intergenerational Economic Policy at the WHU – Otto Beisheim School of Management. He received his Ph.D. from the University of Freiburg. After finishing his Ph.D., he was a post-doc and senior lecturer at Freiburg University. He is the academic director of the Wipro Center for Business Resilience at WHU. His areas of expertise are fiscal sustainability and health economics.

Prof. Herzog studied at the University of Mannheim (Germany), received his PhD from the University of St. Gallen (Switzerland), and he was a visiting scholar at the University of Michigan. Since 2009, he is responsible for the Chair of Market Research at WHU. His research focuses on consumer and management behavior. Furthermore, Prof. Herzog conducts methodological research on measurement theory and causal inference.

Christoph Hienerth

Christoph Hienerth (Dr. rer. soc. oec., habil. WU Vienna, Austria) is a professor of Entrepreneurship and New Business Development at WHU. His areas of expertise include entrepreneurial opportunity and business development, business ecosystems, open and user innovation, and online user communities.

Arnd Huchzermeier earned a PhD from the Wharton School of the University of Pennsylvania and is Chaired Professor in Production Management and Director of the Center for Collaborative Commerce. His research interests include Industrial Excellence, Sustainability, OM-Finance Interface/Real Options and OM-Marketing Interface/ECR & Promotion Management.

Martin Jacob (Dr. rer. pol University of Tübingen, Germany) is professor of Business Taxation at WHU. His areas of expertise include tax effects on corporate investment and payout policy, tax avoidance, income shifting, and capital gains taxation. His work has been published in peer-reviewed international journals such as the Journal of Financial Economics , the Journal of Accounting Research, the Journal of Public Economics, and the Journal of Financial and Quantitative Analysis. In addition, Martin Jacob is Guest Editor of the Special Issue on Tax Research of the European Accounting Review and Associate Editor of Business Research. He is also co-author of two policy reports for the Expert Group for Public Economics (ESO – Expertgruppen för Studier I Offentlig ekonomi) of the Swedish Ministry of Finance that are used by policy makers in Sweden.

Ove Jensen

Ove Jensen is Chaired Professor of Sales Management and Business-to-Business Marketing at WHU. His areas of expertise are price management, key account management, salesforce leadership, sales organization, and go-to-market strategy.”

Lutz Johanning holds the Chair of Empirical Capital Market Research at the WHU – Otto Beisheim School of Management in Vallendar, Germany. After his studies in business administration at the Johann Wolfgang Goethe-University in Frankfurt/Main, he worked as postgraduate research assistant at the Ludwig-Maximilians-University in Munich, where he received his PhD in 1998. He held the position of assistant professor at the Institute for Capital Market Research and Finance at this university and was promoted to professor in 2002. Until 2007 he was professor of the Endowed Chair of Asset Management at the European Business School, International University, Schloss Reichartshausen. In 2006 and 2007, he spent one semester as visiting professor at the University of Michigan, Ann Arbor, USA, where he taught a graduate course in portfolio risk management.

Professor Johanning’s research interests are in the areas empirical capital market research and best execution, financial risk management as well as emotional finance. Professor Johanning is a Member of the Board of Directors of the EDG AG which focuses on the rating, the price validation and the risk classification of structured products. Since January 2008, he has been a member of the Exchange Council of Eurex Deutschland.

Peter-J. Jost (Dr. rer. pol. University of Bonn, Germany, Dr. rer. pol. habil. University of Basel, Switzerland) is Professor of Organization Theory at WHU – Otto Beisheim School of Management.  His areas of expertise are managerial economics, theory of the firm, labor economics, industrial organization, and law & economics.

Julia Kapraun is Assistant Professor of Asset and Wealth Management, sponsored by Sparkasse Koblenz. She studied Mathematics at Technische Universität Berlin and received her PhD in Finance from WHU. Her recent research focus is on asset and wealth management, asset pricing, derivatives, and risk management.

Max Peter Leitterstorf (Dr. rer. pol., WHU) is an Assistant Professor for Finance of Family Firms. His areas of expertise within the wider field of family firms include IPOs, capital structure, cost of debt, and takeovers. Max Leitterstorf worked several years as a strategy consultant at BCG.


Dr. Hartmut Leser conducted his studies in economics and finance at the universities of Mannheim, Saarbrücken, the London School of Economics, and the University of Michigan. German and American degrees in economics, PhD in finance. Various responsibilities in the asset management industry (portfolio manager, head of quantitative research, head of equities, head of portfolio management). Founding partner at Feri Institutional Management and Heubeck Feri, the first German investment consulting companies. Since 2007 country head (CEO) of Aberdeen Asset Management Deutschland AG, one of the largest foreign asset managers in Germany.

Garen Markarian specializes in financial accounting, corporate finance, and private equity. Previously he has taught at IE Business School (Madrid), HEC (Paris), Bocconi, (Milan), Concordia (Montreal), Rice University (Houston), and Case Western Reserve (Cleveland). Professor Dr. Markarian has published in the area of corporate governance, executive compensation, the banking crisis, and financial statements and valuation. He is an award winning teacher, and his publications have won prizes from the American Finance Association and the American Accounting Association, and mentioned in the Financial Times and CFO magazine. Previously, He was a consultant for the Standard & Poor’s “Society of Industry Leaders,” and was First Regional Economic Officer for the United Nations (western Asia headquarters). Professor Dr. Markarian holds a Ph.D. in Management from the Weatherhead School of Management at Case Western Reserve University.

Professor Massmann was appointed to the chair of econometrics and statistics at WHU in 2014. Prior to that, he held positions at the Free University in Amsterdam, at the University of Bonn, at Oxford University and at EBS in Oestrich-Winkel. Professor Massmann holds a DPhil from Oxford University. He was a Junior Fellow of the Royal Economic Society, was visitor at the European University Institute in Florence, and received scholarships from the Economic and Social Research Council and Oxford University. Professor Massmann has also been affiliated with the National Institute of Economic and Social Research in London and with the Tinbergen Institute in Amsterdam. His research interests are in econometric methodology and macroeconometrics

Miriam Müthel (BSc in Information Management, MSc in Business Administration, PhD in Management) holds the Chair of Organizational Behavior at WHU – Otto Beisheim School of Management. Her research interests comprise international management (particularly Confucian Asia), organizational behavior, and business ethics. In 2014/2015 she was a network fellow at the Harvard University, Safra Center for Ethics. Furthermore, she is member of the Global Economic Fellow Program, where she contributes in the area of ethics. She has published (among others) in the Journal of International Business Studies, the Journal of World Business, Human Resource Management Journal, and MIT Sloan Management. Before joining WHU, Dr. Muethel worked for over two years as a business consultant at Volkswagen in the area of international project management.

Professor Serden Ozcan (PhD, Copenhagen Business School, Denmark) is a professor at WHU and holds the Chair of Innovation and Organization. His areas of expertise include entrepreneurial finance, entrepreneurship, corporate renewal, private equity, emerging industries and innovation in emerging markets and base-of the pyramid countries.

Markus Rudolf

Markus Rudolf is Dean of WHU – Otto Beisheim School of Management and heads the Allianz Chair of Finance as well as the WHU Center of Asset and Wealth Management. Markus holds a PhD from the University St. Gallen, Switzerland.

Prof. Dr. Utz Schäffer is director of the Institute of Management Accounting and Control (IMC) of WHU – Otto Beisheim School of Management in Vallendar. His primary research areas are Controlling & Strategy Execution and the Roles of CFOs and Controllers. He is co-editor of Controlling & Management Review (CMR) and the Journal of Management Control (JoMAC), and member of the Board of Trustees of the International Controller Association (ICV).

Prof. Dr. Sascha L. Schmidt is the director of the Center for Sports and Management (CSM) with "Future of Sport" as one of his key research areas. He studied economic sciences at the Universities of Essen and Zurich, where he also graduated with a doctorate. At the invitation of the Faculty of Economic Sciences at Harvard Business School he travelled to Boston as a visiting scholar, after which he went on to work in business consultancy. After several years at McKinsey, Prof. Schmidt was appointed director of the ICS research program at the University of St. Gallen, and qualified as a professor at the EBS University. He then entered into the world of business, building up the activities of recruitment agency a-connect within Germany.

Stefan Spinler has a PhD from WHU – Otto Beisheim School of Management and is the director of the Kühne Institute for Logistics Management at WHU. His areas of expertise include quantitative supply chain modeling, sustainability in supply chains and real options analysis.

Tillmann Wagner (Ph.D., University of St. Gallen) is Research Professor of Marketing and holds the Chair of Services Marketing at WHU. He was previously on the faculty of Texas Tech University (tenure track), where he received the New Faculty Award. His work has appeared in outlets such as the Journal of Marketing and has been acknowledged with the Best Published Paper Award by the Oxford University Centre for Corporate Reputation, University of Oxford. Topics surrounding the issues of Frontline Marketing, Relationship Marketing, and Corporate Social Responsibility in Services represent Prof. Wagner’s current research interests.

Carl Marcus Wallenburg (Dr. rer. pol., Dr. rer. pol. habil. WHU – Otto Beisheim School of Management, Germany) is Professor of Logistics and Services Management and Executive Director of the Kühne-Institute for Logistics Management at WHU. His areas of expertise are supply chain management, logistics service providers, logistics outsourcing, service and relationship management, and management control.

Mei Wang has a PhD from the Carnegie Mellon University (USA) and is chairholder of Behavioral Finance at WHU. Her areas of expertise are Behavioral Finance, Experimental and Behavioral Economics, Decision under Risk and Uncertainty, and Cross-Cultural Comparison of Financial Markets and Investment Behavior.

Axel Wieandt (Dr. rer. pol. WHU – Otto Beisheim School of Management) is an honorary Professor with the WHU Endowed Chair of Finance. After working for various renowned companies like McKinsey & Company, Deutsche Bank, and Credit Suisse, he became CEO of Valovis Bank AG in Essen. His areas of expertise include banking and financial intermediation.

Burcin Yurtoglu (Ph.D. University of Vienna, Austria; Habilitation, University of Vienna, Austria) is Professor at WHU – Otto Beisheim School of Management, where he has held the Chair of Corporate Finance since October 2010. Before joining the WHU, Prof. Yurtoglu served on the faculty of the University of Vienna, Department of Economics. During his academic career, he was a visiting scholar at the Cambridge University (Judge Business School), Science Center Berlin (WZB), Central European University (Budapest), Sabanci University (Istanbul) and Fudan University (Shanghai). He has conducted research and consulting projects with major companies, regulatory agencies and research centers in Austria, Turkey and at the IFC, the World Bank. His research interests include corporate governance, corporate finance and competition policy with a focus on emerging markets. He has published in international journals including the Economic Journal, European Economic Review, Journal of Econometrics, Journal of Corporate Finance, Journal of Law and Economics and many others.