Rüdiger Fahlenbrach (born 1974 in

Essen Essen () is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and Dortmund, as well as ...

West Germany West Germany was the common English name for the Federal Republic of Germany (FRG) from its formation on 23 May 1949 until German reunification, its reunification with East Germany on 3 October 1990. It is sometimes known as the Bonn Republi ...

) is a German

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

specialised in

finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...

. He is a professor of

at EPFL (École Polytechnique Fédérale de Lausanne) and holds the Swiss Finance Institute Senior Research Chair.

Career

From 1995 to 1999, Fahlenbrach studied business administration at the

University of Mannheim The University of Mannheim (German: ''Universität Mannheim''), abbreviated UMA, is a public university, public research university in Mannheim, Baden-Württemberg, Germany. Founded in 1967, the university has its origins in the ''Palatine Aca ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

and at the

ESSEC Business School Founded in 1907, ESSEC Business School (École Supérieure des Sciences Economiques et Commerciales) is a French higher education institution specialising in business and management. It is a grande école, a type of institution known for select ...

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

. He then pursued a PhD in finance with

Andrew Metrick Andrew Metrick is an American economist who is the current Janet L. Yellen Professor of Finance and Management at the Yale School of Management. His research has touched on topics including game theory, venture capital and private equity, and mo ...

at the

Wharton School The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...

of the

University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...

. In 2004, he graduated with a PhD thesis "Essays in Corporate Governance". Afterwards he joined the

Fisher College of Business The Fisher College of Business is the business school of Ohio State University, a public research university in Columbus, Ohio. Fisher's campus is located on the northern part of the university within a partially enclosed business campus adjac ...

at the

Ohio State University The Ohio State University (Ohio State or OSU) is a public university, public Land-grant university, land-grant research university in Columbus, Ohio, United States. A member of the University System of Ohio, it was founded in 1870. It is one ...

as an assistant professor of finance to work on ownership structures of large public corporations for corporate policies and performance. In 2009 he moved to the Swiss Finance Institute at EPFL where he currently is full professor and holds a Swiss Finance Institute Senior Research Chair. He has held visiting professorships, at

Vienna University of Economics and Business The Vienna University of Economics and Business ( , WU) is a public research university in Vienna, Austria. The university received triple accreditation (AACSB, EQUIS and AMBA). History WU was founded on 1 October 1898 as '' k.u.k. Exportakade ...

European School of Management and Technology The European School of Management and Technology, also known as ESMT Berlin, is a private non-profit business school based in Berlin, Germany. The business school was founded in 2002 by 25 companies and institutions and offers a range of Master o ...

(ESMT) in Berlin,

University of New South Wales The University of New South Wales (UNSW) is a public research university based in Sydney, New South Wales, Australia. It was established in 1949. The university comprises seven faculties, through which it offers bachelor's, master's and docto ...

Paris Dauphine University Paris Dauphine University - PSL () is a Grande École and public institution of higher education and research based in Paris, France, Collegiate university, constituent college of PSL University. As of 2022, Dauphine has 9,400 students in 8 fields ...

, and

Halle Institute for Economic Research The Halle Institute for Economic Research – Member of the Leibniz Association (, abbreviated ''IWH'') is a non-profit organisation and one of the leading economic research institutes in Germany. History The IWH was founded on January 1, 1992. I ...

Research

Fahlenbrach's research interests are on empirical

corporate finance Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and analy ...

and

banking A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

. He has investigated

corporate governance Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders. Definitions "Corporate governance" may ...

issues that arise from the separation of ownership and control in the modern public corporation, and examined the causes and effects of the

2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...

, including the role of bank governance and regulatiuon for the crisis. He has published in the ''

Journal of Finance ''The Journal of Finance'' is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the American Finance Association. It was established in 1946. The editor-in-chief is Antoinette Schoar. According to the ''Journal Citation R ...

'', the ''

Journal of Financial Economics The ''Journal of Financial Economics'' is a peer-reviewed academic journal published by Elsevier, covering the field of finance. It is considered to be one of the premier finance journals. According to the ''Journal Citation Reports'', the journa ...

'', the ''

Review of Financial Studies ''The Review of Financial Studies'' is a peer-reviewed academic journal covering the field of finance. It is published by Oxford University Press on behalf of the Society for Financial Studies. It was established following discussions at the 1986 ...

'', the ''

Review of Finance The ''Review of Finance'' is a bimonthly peer-reviewed academic journal covering all aspects of financial economics. It is published by Oxford University Press and is the official journal of the European Finance Association. The editor-in-chief is ...

'', and the ''

Journal of Financial and Quantitative Analysis The ''Journal of Financial and Quantitative Analysis'' is a peer-reviewed academic journal published eight times a year by the Michael G. Foster School of Business at the University of Washington in cooperation with the W. P. Carey School of Bu ...

''. His research has been covered in ''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'', ''

The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...

'', ''

The Economist ''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...

'', ''

Le Temps ' (, ) is a Swiss French-language daily newspaper published in Berliner format in Geneva by Le Temps SA. The paper was launched in 1998, formed out of the merger of two other newspapers, and (the former being a merger of two other papers), ...

'', '' NZZ'', ''

Handelsblatt The ''Handelsblatt'' (literally "commerce paper" in English) is a German-language business newspaper published in Düsseldorf by Handelsblatt Media Group, formerly known as Verlagsgruppe Handelsblatt. History and profile ''Handelsblatt'' was es ...

'', ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' magazine,

USA Today ''USA Today'' (often stylized in all caps) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth in 1980 and launched on September 14, 1982, the newspaper operates from Gannett's corporate headq ...

, and ''

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...

''.

Distinctions

Fahlenbrach served as director of the European Finance Association (2018-2020), and in 2020, he was appointed chair of the scientific council and member of the scientific advisory board of the Halle Institute for Economic Research. He is a research member of the European Corporate Governance Institute. He has been associate editor of the ''Review of Financial Studies'' (2013-2016) and ''Financial Management'' (2012-2016). Since 2014, he has been associate editor of the ''Review of Finance''.

Selected works

* * * * * * * * * * *

References

External links

* * Website of th
Swiss Finance Institute Senior Research Chair
*Website of th
Swiss Finance Institute at EPFL
{{DEFAULTSORT:Fahlenbrach, Ruediger 1974 births Living people University of Mannheim alumni ESSEC Business School alumni University of Pennsylvania alumni Academic staff of the École Polytechnique Fédérale de Lausanne German economists