Read out



Selected publications (since 2014)
  • Choi, J., Hackbarth, D., Zechner, J.. 2018. Corporate Debt Maturity Profiles. Journal of Financial Economics, forthcoming.

  • Martin, I., Wagner, C.. 2018. What is the Expected Return on a Stock? Journal of Finance, forthcoming.

  • Laux, C., Loranth, G., Morrison, A. D. 2018. The Adverse Effect of Information on Governance and Leverage. Management Science, 64 (4), 1510-1527.

  • Kolm, J., Laux, C., Loranth, G.. 2017. Bank Regulation, CEO Compensation, and Boards. Review of Finance 21 (5), 1901-1932.

  • Laux, C., Rauter, T.. 2017. Procyclicality of US Bank Leverage. Journal of Accounting Research 55 (2), 235-505.

  • Friewald, N., Hennessy, C., Jankowitsch, R.. 2016. Secondary Market Liquidity and Security Design: Theory and Evidence from ABS Markets. Review of Financial Studies 29 (5), 1254-1290.

  • Halling, M., Yu, J., Zechner, J.. 2016. Leverage Dynamics over the Business Cycle. Journal of Financial Economics 122 (1), 21-41.

  • Huang, R., Mürmann, A., Tzeng, L.. 2016. Hidden Regret in Insurance Markets. Journal of Risk and Insurance 83 (1), 181-216.

  • Laux, C.. 2016. The economic consequences of extending the use of fair value accounting in regulatory capital calculations: A discussion. Journal of Accounting and Economics 62 (2-3), 204-208.

  • Wermers, R., Wu, Y., Zechner, J.. 2016. Managerial Rents vs. Shareholder Value in Delegated Portfolio Management: The Case of Closed-End Funds. Review of Financial Studies 29, 3428-3470

  • Doherty, N., Laux, C., Mürmann, A.. 2015. Insuring Nonverifiable Losses. Review of Finance 19 (1), 283-316.

  • Filipovic, D., Kremslehner, R., Mürmann, A.. 2015. Optimal Investment and Premium Policies under Risk Shifting and Solvency Regulation. Journal of Risk and Insurance 82 (2): S. 261-288.

  • Chaderina, M., Green, R.. 2014. Predators and Prey on Wall Street. Review of Asset Pricing Studies 4 (1), 1-38.

  • Dockner, E., Carlson, M., Fisher, A., Giammarino, R.. 2014. Leaders, Followers, and Risk Dynamics in Industry Equilibrium. Journal of Financial and Quantitative Analysis, 49, 321-349.

  • Friewald, N., Wagner, C., Zechner, J.. 2014. The Cross-Section of Credit Risk Premia and Equity Returns. Journal of Finance 69 (6), 2419-2469.

  • Jankowitsch, R., Nagler, F., Subrahmanyam, M. G. 2014. The Determinants of Recovery Rates in the US Corporate Bond Market. Journal of Financial Economics, 114 (1), 155-177.          

For a comprehensive list of all publications by members of the Institute, see the WU research information evaluation system FIDES.

Finance Research Seminar

Researchers at the Institute of Finance, Banking and Insurance are part of the Vienna Graduate School of Finance (VGSF), a doctoral school jointly established by WU, University of Vienna and IHS in 2005, and funded by the Austrian Science Fund (FWF). The VGSF offers an internationally competitive PhD program in Finance.

The VGSF organizes the weekly VGSF Finance Research Seminar where international researchers present and discuss with local researchers and PhD students their state-of-the-art research.

Brown Bag Seminar

Scholars at WU, the PhD students of VGSF as well as international guests present their working papers for discussion in the Brown Bag Seminar. The seminar is organized by our Institute together with the Institute for Financial Research, the Vienna Institute of Finance and the Vienna Graduate School of Finance.