How can concepts of performance dependent executive compensation be integrated into company valuation consistently? What are the consequences for the separation of risk and company value between owners and management? The article "Executive Compensation and Company Valuation" from Prof. Dr. Andreas Schüler, which has been accepted for publishment in the renowned academic journal Abacus, adresses these questions.


Consistent with our mission to promote international exchange, MBA-students of the St. Cloud State University visited the Department of Economics and Management. The report can be found here.


Further information on the open position can be found here.

27.03.2018 Further information on the current working paper: Do we need to change the way we value companies with the flows-to-equity method? Comments on Cooper, I. A., & Nyborg, K. G. (2018). Consistent valuation of project finance and LBOs using the flows-to-equity method. European Financial Management, 24: 34-52. are available here.
26.03.2018 Please also visit my pages on SSRN and in particular on ResearchGate.
25.03.2018  An overview of recent presentations can be found here.