Welcome to the Chair of International Finance

We offer courses at all levels (Bachelor, Master, MBA, PhD) and conduct research on various aspects of financial markets, with a focus on asset management & mutual funds, empirical asset pricing & liquidity, as well as media & advertising. For details, please see the specific pages on research or teaching.

 

Selected Publications:

Agarwal, V., Ruenzi, S., Weigert, F. (2016): Tail Risk in Hedge Funds: A Unique View from Portfolio Holdings, Journal of Financial Economics (forthcoming).

Koch, A., Ruenzi, S., Starks, L. T. (2016): Commonality in Liquidity: A Demand-Side Explanation, Review of Financial Studies 29 (8), pp. 1943-1974.

Focke, F., Maug, E. G., Niessen-Ruenzi, A. (2016): The Impact of Firm Prestige on Executive Compensation, Journal of Financial Economics (forthcoming).

von Lilienfeld-Toal, U., Ruenzi, S. (2014): CEO Ownership, Stock Market Performance, and Managerial Discretion, in: Journal of Finance, Vol. 69, pp. 1013-1050.

Hillert, A., Jacobs, H., Müller, S. (2014), Media Makes Momentum, in: Review of Financial Studies, Vol. 27, pp. 3467-3501.

Fang, J., Kempf, A., Trapp, M. (2014), Fund Manager Allocation, in: Journal of Financial Economics, Vol. 111, pp. 661-674.

Kempf, A., Ruenzi, S., Thiele, T. (2009): Employment Risk, Compensation Incentives, and Managerial Risk Taking: Evidence from the Mutual Fund Industry, in: Journal of Financial Economics, Vol. 92, pp. 92-108.

Kempf, A., Ruenzi, S. (2008): Tournaments in Mutual-Fund Families, in: Review of Financial Studies, Vol. 21, pp. 1013-1036.

 

Office address:

Department of International Finance

University of Mannheim

L9, 1-2

68131 Mannheim

Germany

Tel. +49(0)621 181-1646