Publications

Peer reviewed publications

Authors Title

Fabisik K,
Fahlenbrach R,
Stulz R. M,
Taillard J. P

Why are Firms with More Managerial Ownership Worth Less?, Journal of Financial Economics (JFE), 2021, Volume 140, Issue 3 (Lead Article)
Journal of Financial Economics, 2021
Gryglewicz S,
Mancini L,
Morellec E,
Schroth EJ,
Valta P
Understanding Cash Flow Risk, The Review of Financial Studies, Volume 35, Issue 8, August 2022, Pages 3922–3972
The Review of Financial Studies, 2021

Derrien F,
Frésard L,
Slabik V,
Valta P

Industry Asset Revaluations around Public and Private Acquisitions, Journal of Financial Economics, 2020, Volume 147, Issue 1, 243-269.
Journal of Financial Economics, 2020.
Cujean J.,
Hasler M.

Why does return predictability concentrate in bad times?, The Journal of Finance, 2017, Volume 72, Issue 6, 2717-2758.
The Journal of Finance, 2017.

Andrei D.,
Cujean J.

Information percolation, momentum and reversal, Journal of Financial Economics, 2017, Volume 123, Issue 3, 617-645.
Journal of Financial Economics, 2017.

Favara G.,
Morellec E.,
Schroth E.,
Valta Ph.

Debt Enforcement, Investment, and Risk Taking Across Countries, Journal of Financial Economics, 2017, Volume 23, Issue 1, 22-41.
Journal of Financial Economics, 2017.

Frésard L.,
Valta Ph.
How Does Corporate Investment Respond to Increased Entry Threat?, The Review of Corporate Finance Studies, 2016, 5, 1-35 (Editor’s Choice).
The Review of Corporate Finance Studies, 2016.
Valta Ph. Strategic Default, Debt Structure, and Stock Returns, Journal of Financial and Quantitative Analysis, 2016, 51, 1-33.
Journal of Financial and Quantitative Analysis, 2016.
Loderer C.,
Stulz R.,
Wälchli U.

Firm Rigidities and the Decline in Growth Opportunities, Management Science, forthcoming.
Working Paper.

Morellec E.,
Valta Ph.,
Zhdanov A.
Financing Investment: The Choice between Bonds and Bank Loans, Management Science, 61, 2015.
Working Paper.
Loderer C.,
Wälchli U.

Corporate Aging and Takeover Risk, Review of Finance, 19, 2015.
Working Paper.

Wälchli U.,
Zeller J.
Old Captains at the Helm: Chairman Age and Firm Performance, Journal of Banking and Finance, 37, 2013.
Working Paper.
Favara G.,
Schroth E.,
Valta Ph.
Strategic Default and Equity Risk Across Countries, Journal of Finance, 67, 2012. Working Paper.
Valta Ph. Competition and the Cost of Debt, Journal of Financial Economics, 105, 2012.
Working Paper.
Loderer C.,
Long Jr. J.B.,
Roth L.
Implementing Fischer Black's Simple Discounting Rule, Journal of Applied Corporate Finance, 22, 2010.
Working Paper, 2008.
Loderer C.,
Roth L.,
Wälchli U.,
Jörg P.
Shareholder Value: Principles, Declarations, and Actions, Financial Management, 39, 2010.
Working Paper, 2009.
Loderer C.,
Wälchli U.
Protecting Minority Shareholders: Listed versus Unlisted Firms, Financial Management, 39, 2010.
Working Paper, 2008.
Loderer C.,
Mittermayer M.-A.
America and the Swiss Stock Exchange: An Intraday Analysis.  Schweizerische Zeitschrift für Volkswirtschaft und Statistik 142, 79-114.
Working Paper, 2004.
Drobetz W.,
Kammermann M.,
Wälchli U.
Long-Term Performance of Initial Public Offerings: The Evidence for Switzerland. Schmalenbach Business Review (zfbf) , Vol. 57, 2005, 253-275.
Working Paper, 2003.
Reprinted in: IPO Markets: Perspectives and Experiences. V. Shajan (Ed.), ICFAI Books, 2007.
Loderer C.,
Roth L.
The Pricing Discount for Limited Liquidity: Evidence from SWX Swiss Exchange and the Nasdaq.
Journal of Empirical Finance, 12, 2005, 239-268.
See Working Paper, 2001/2003.
Jörg P.,
Loderer C.,
Roth L.
Socialism and Intrafirm Asset Allocation.
European Financial Management, 11, 2005, 133-152.
See Working Paper, 2003.
Jörg P.,
Loderer C.,
Roth L.
Shareholder Value Maximization: What Managers Say and What They Do.
Die Betriebswirtschaft (DBW) 64, 2004,
335-376.
See Working Paper, 2002.
awarded by BSI Gamma Foundation
Loderer C.,
Peyer U.
Board Overlap, Seat Accumulation and Share Prices.
European Financial Management, 8, 2002, 165-192.
See Working Paper, 2001.
Loderer C.,
Pichler K.
Firms, do you know your currency risk exposure? Survey results.
Journal of Empirical Finance, 2000.
See Working Paper, 2000.

Newspaper articles

Authors Title
Bretscher L.,
Loderer C.,
Wälchli U.

Risiken und Nebenwirkungen der gegenwärtigen Währungspolitik
NZZ, 10. August 2012 (pdf, 588KB)

Gawrisch D. Manager als Orakel
Der Bund 26. April 2007 (pdf, 112KB)
Loderer C.,
Wälchli U.
Von Managern und ihren Löhnen.
Finanz und Wirtschaft 8. Juli 2006 (pdf, 773KB)
Loderer C. Die rätselhafte Abneigung der Anleger gegen die Risikodiverisfikation.
NZZ, 29./ 30. Mai 2004 (pdf, 86KB)
Jörg P.,
Loderer C.
Corporate Governance: Wofür ist eine AG wirklich da?
NZZ am Sonntag, 13. Juli 2003

Other publications

Authors Title
Loderer C.,
Wälchli, U.

Handbuch der Bewertung, Band 2: Unternehmen.
5.,  vollständig überarbeitete Auflage, Verlag Neue Zürcher Zeitung, 2010.

http://handbuch-bewertung.ch/

Loderer C.,
Jörg P.,
Pichler K.,
Roth L.,
Wälchli U.,
Zgraggen P.

Handbuch der Bewertung, Band 1: Projekte.
5., vollständig überarbeitete Auflage, Verlag Neue Zürcher Zeitung, 2010.

http://handbuch-bewertung.ch/