deptfin.gif (4396 bytes)

Rüdiger Fahlenbrach
Assistant Professor of Finance
Department of Finance
2100 Neil Avenue
Fisher College of Business
The Ohio State University
Columbus, OH 43210-1144
Phone: (614) 292 3217
Fax: (614) 292 2418

 

Updated May 2009


Education

May 2005

 

Ph.D., Finance, Wharton School of the University of Pennsylvania

 

May 2001

 

M.A., Finance, Wharton School, University of Pennsylvania

 

July 1999

 

Diplomkaufmann (~MBA), University of Mannheim, Germany

 

July 1999

 

Diplomé de l'ESSEC, Ecole Supérieure des Sciences Economiques et Commerciales, Paris, France

 

 

Teaching Experience

Financial Management, Fisher College of Business, The Ohio State University, MBA Core Finance Class

Corporate Finance, Fisher College of Business, The Ohio State University, Advanced Undergraduate Class

 

Publications

Fahlenbrach, Rüdiger, Angie Low, and René M. Stulz, 2009, Why do firms appoint CEOs as outside directors?, forthcoming Journal of Financial Economics.

Fahlenbrach, Rüdiger, and René M. Stulz, 2008, Managerial Ownership Dynamics and Firm Value, forthcoming Journal of Financial Economics.

Cronqvist, Henrik, and Rüdiger Fahlenbrach, 2008, Large Shareholders and Corporate Policies, forthcoming Review of Financial Studies.

Fahlenbrach, Rüdiger, 2008, Founder-CEOs, Investment Decisions, and Stock Market Performance, forthcoming Journal of Financial and Quantitative Analysis.

Fahlenbrach, Rüdiger, 2009, Shareholder Rights, Boards, and CEO Compensation, Review of Finance 13, 81-113.

Fahlenbrach, Rüdiger, and Patrik Sandås, 2009, Co-Movements of Index Options and Futures Quotes, Journal of Empirical Finance 16, 151-163.

Dlugosz, Jennifer, Fahlenbrach, Rüdiger, Gompers, Paul, and Andrew Metrick, 2006, Large Blocks of Stock: Prevalence, Size, and Measurement, Journal of Corporate Finance 12, 594-618.

McDonald, Robert, Mark Cassano, and Rüdiger Fahlenbrach, 2002, Derivatives Markets (Student Solutions Manual), Addison-Wesley Co., Boston, MA.

Fahlenbrach, Rüdiger, and Günter Strobl, 2001, Using Genetic Algorithms to Find Technical Trading Rules: An Asset-Allocation Perspective, Proceedings of the second international ICSC Symposium on advanced computing in financial markets, ICSC Academic Press, The Netherlands.

 

Working Papers (please visit my research page)

Becker, Bo, Henrik Cronqvist, and Rüdiger Fahlenbrach, 2008, Estimating the Effects of Large Shareholders Using a Geographic Instrument, Working Paper, The Ohio State University.

Fahlenbrach, Rüdiger, Bernadette Minton, and Carrie Pan, 2008, Former CEO Directors: Lingering CEOs or Valuable Resources?, Working Paper, The Ohio State University.

Evans, Richard B., and Rüdiger Fahlenbrach, 2008, Do Funds Need Governance? Evidence from Variable Annuity-Mutual Fund Twins, Working Paper, The Ohio State University.

Fahlenbrach, Rüdiger, and Patrik Sandås, 2006, Does Information Drive Trading in Option Strategies?, Working Paper, The Ohio State University.¤

 

Early Stage Research

Who owns the S&P 500? (joint with Paul Gompers, Joy Ishii, and Andrew Metrick)

 


Awards, Honors, and Scholarships

Outstanding Full-Time MBA Core Professor, 2006, 2007, and 2008

Steven H. Sandell Grant, Center for Retirement Research at Boston College, 2006

Best Finance Professor, Fisher College MBA Finance Association 2005, 2006

Morgan Stanley Equity Market Microstructure Research Grant, 2005

Winner of the CRSP outstanding paper award, Midwest Finance Association, 2003

Winner of the best paper in derivatives award, Midwest Finance Association, 2002

Dean's Fellowship for Distinguished Merit, University of Pennsylvania, 1999 - 2004

Fellow of the German National Academic Foundation ("Studienstiftung des deutschen Volkes") 1996 - 1999

Fellow of the Collège Franco-Allemand 1997 - 1998

Fellow of the Julius-Paul-Stiegler Foundation 1997-1999

 

University presentations:

2009: Ecole Polytechnique Fédérale de Lausanne (EPFL), Boston Collge

2008: University of Amsterdam, University of Mannheim, University of Alberta, Vanderbilt, Insead, HEC Lausanne

2007: Erasmus University Rotterdam, University of Frankfurt, University of Georgia, University of Virginia (McIntire)

2006: HEC Lausanne, Ohio State University, University of Cologne, UT Austin

2005: Ohio State University, Case Western University

2004: Dartmouth, Harvard Business School, ESSEC, HEC Lausanne, HEC Montreal, Ohio State University, UC Irvine, University of Amsterdam, University of North Carolina, University of Utah, Wharton.

2003: Wharton

Conference presentations and discussions:

Sixth annual Napa Conference on Financial Markets Research, 2009

Second annual Conference on Corporate Governance, Drexel University, 2009

American Finance Association, 2009

UNC-Duke Corporate Finance Conference, 2008

European Finance Association, 2008

European Summer Symposium in Financial Markets, Gerzensee, 2008

American Finance Association, 2008

American Finance Association, 2007 (1 paper, 1 discussion)

European Finance Association, 2004 (1 paper and 1 discussion), 2005(1 paper and 1 discussion), 2007, and 2008

European Summer Symposium in Financial Markets, Gerzensee, 2006

Financial Management Association, 2003, 2004, 2006, 2007

Hitotsubashi Corporate Governance Conference, Tokyo 2008

NBER’s Summer Institute (Corporate Finance workshop), 2006

NBER’s Market Microstructure meeting, 2003

Washington University Corporate Governance Conference, 2005 (discussion)

 

Select Media Citations

“Fortune Magazine,” April 10, 2006, “Do company founders make better CEOs?”

The article also appeared on CNN.com.

 

“Financial Times,” April 21, 2006, “What Works.”

 

“Columbus Dispatch,” Aug. 10, 2006, “Founder-led companies fare better.”

“USA Today,” Feb. 2, 2007, “Dell joins ranks of once-hot trend: Boomerang CEOs.”


“Forbes.com,” Feb. 2, 2007, “Michael Dell: The Comeback Kid?”


“Dallas Morning News,” Feb. 2, 2007, “Can Dell work magic as a boomerang CEO?”


“The New York Times,” Feb. 3, 2007, “2nd Acts in the Executive Suite.”

 

“The Wall Street Journal,” Feb. 5, 2007, “Can Dell Succeed in an Encore?”


CNBC,” Feb. 5, 2007, “Second-chance CEOs.” Live interview

MarketWatch,” May 8, 2007, “Much ado about nothing.”

 

“Forbes.com,” June 19, 2007, “What Are Yang’s Odds?”


USA TODAY,” Aug. 22, 2007, “Firms, investors tend to prosper with founders at the helm.”

“The Wall Street Journal,” Jan. 12, 2008, “Why investors should applaud a CEO’s encore performance.” The article also appeared on the Web sites of MarketWatch, FOX News and Condé Nast Portfolio. 

“The Economist,”, January 10, 2009, “Second-act chief executives: Comeback kings?

 

Additional Information

Ad hoc referee for the Journal of Banking and Finance, Journal of Corporate Finance, Journal of Empirical Finance, Journal of Finance, Journal of Financial Intermediation, Review of Finance, Review of Financial Studies.

Member: American Finance Association, Western Finance Association, European Finance Association

Languages: Native fluency in German, fluent in English and French

 

 

Fisher College of Business Site Map


Copyright Rüdiger Fahlenbrach, May 2009