Competence Center Empirical Asset Pricing


  • Multi-factor models and asset pricing
  • Capital market anomalies
  • Estimation of risk premia (for updated market risk premiums see here)
  • Event studies
  • Market liquidity


Competence Center Corporate Finance and Corporate Governance


  • Capital structure
  • Raising capital (including IPOs)
  • Corporate sustainability
  • Corporate political relations
  • Finance and labor
  • Owner and board structures
  • Management compensation and turnover
  • Family firms


Competence Center Financial Intermediation - Banking