Lehrstuhl für

Betriebswirtschaftslehre,
insbesondere
Finanzdienstleistungen

Prof. Dr. Klaus Röder

Lehre Team Forschung

 

 

Priv.-Doz. Dr. Christian Walkshäusl

 

Raum
RWL 507

Telefon
+49 941 943-2729

E-Mail
christian.walkshaeusl@ur.de

Sprechstunde
Do, 14:00 - 15:00
Um Voranmeldung wird gebeten.
Zur Voranmeldung

Research Focus
Empirical Finance
Asset Pricing and Portfolio Selection
Sustainable Finance
The Relation between Accounting Information and Stock Returns

Awards

Publications

Press

Awards

 

ACATIS Value Prize 2015
Award for "Identifying Actually Undervalued Value Stocks and Overvalued Growth Stocks" as excellent research in value investing.


EFM Best Paper Award 2014 of the European Financial Management Association
Award for "The Alternative Three-Factor Model: An Alternative beyond U.S. Markets?" as excellent financial research.

ACATIS Value Prize 2014

Award for "The Declaration of Dependence of Value" as excellent research in value investing.

ACATIS Value Prize 2013
Award for "The High Returns to Low Volatility Stocks are Actually a Premium on High Quality Firms" as excellent research in value investing.

Best Paper Award of the Campus for Finance Research Conference 2013
Award for "Yes, Value Investors Do Recommend Value Stocks, and They Are Profitable, too!" as excellent financial research.

ACATIS Value Prize 2012
Award for "Yes, Value Investors Do Recommend Value Stocks, and They Are Profitable, too!" as excellent research in value investing.

ACATIS Value Prize 2011
Award for "Value is Dead, Long Live Value" as excellent research in value investing.

ACATIS Value Prize 2010
Award for "Global Return Patterns" as excellent research in value investing.

ACATIS Value Prize 2009
Award for "Fundamental Indexing around the World" as excellent research in value investing.

 

 

Publications

 

The Cash Premium in International Stock Returns

in: Journal of Asset Management, forthcoming.

 

Zur Prognose von Marktrenditen mittels fundamentaler Bewertungskennzahlen

in: Corporate Finance 7-8/2017, pp. 129-134.

 

Expectation Errors in European Value-Growth Strategies

in: Review of Finance 21(2), 2017, pp. 845-870.

 

Mispricing and the Five-Factor Model

in: Economics Letters 147, 2016, pp. 99-102.

 

International Socially Responsible Funds: Financial Performance and Managerial Skills during Crisis and Non-crisis Markets

in: Problems and Perspectives in Management 14(3), 2016, pp. 17-28.

Coauthor(s): Kathrin Lesser and Felix Rößle

 

Socially Responsible, Green, and Faith-based Investment Strategies: Screening Activity Matters!

in: Finance Research Letters 16, 2016, pp. 171-178.

Coauthor(s): Kathrin Lesser and Felix Rößle
 

Vice versus Virtue Investing around the World
in: Review of Managerial Science 10(2), 2016, pp. 303-344.
Coauthor(s): Sebastian Lobe
 

Rationale Renditeprognosen: Die nächsten zehn Jahre am deutschen Aktienmarkt

in: Corporate Finance 1-2/2016, pp. 7-12.

 

Net Payout Yields and the Cross-Section of International Stock Returns

in: Journal of Asset Management 17(1), 2016, pp. 57-67.

 

The Enterprise Multiple Investment Strategy: International Evidence
in: Journal of Financial and Quantitative Analysis 50(4), 2015, pp. 781-800.
Coauthor(s): Sebastian Lobe


Equity Financing Activities and European Value-Growth Returns
in: Journal of Banking & Finance 57, 2015, pp. 27-40.

International Low-Risk Investing
in: Journal of Portfolio Management 41(1), 2014, pp. 45-56.

Green and Socially Responsible Investing in International Markets
in: Journal of Asset Management 15(5), 2014, pp. 317-331.
Coauthor(s): Kathrin Lesser and Sebastian Lobe

A Reexamination of the Issuance and Investment Anomalies in International Markets
in: Schmalenbach Business Review 66 (July 2014), pp. 245-275.
Coauthor(s): Sebastian Lobe

The MAX Effect: European Evidence
in: Journal of Banking & Finance 42, 2014, pp. 1-10.

Risikoreduzierende Aktienindizes: Konstruktion und Performance
in: Corporate Finance 4/2014, pp. 168-173.
Coauthor(s): Jesse Bönniger

Style Investing: Erfolgreich investieren mit Stil
in: Corporate Finance 3/2014, pp. 124-128.

Responsible Investment in Germany, Austria, and Switzerland
in: Problems and Perspectives in Management 12(1), 2014, pp. 209-217.
Coauthor(s): Sebastian Lobe

The Alternative Three-Factor Model: An Alternative beyond US Markets?
in: European Financial Management 20(1), 2014, pp. 33-70.
Coauthor(s): Sebastian Lobe

The High Returns to Low Volatility Stocks are Actually a Premium on High Quality Firms
in: Review of Financial Economics 22(4), 2013, pp. 180-186.

Fundamentalrisiken und Aktienrenditen: Auch hier gilt, mit weniger Risiko zu einer besseren Performance
in: Corporate Finance biz, 03/2013, pp. 119-123.

Islamic Equity Investing: Alternative Performance Measures and Style Analysis
in: Journal of Investing 21(4), 2012, pp. 182-189.
Coauthor(s): Sebastian Lobe

The Price of Faith: Performance, Bull and Bear Markets, and Screening Effects of Islamic Investing around the Globe
in: Journal of Investing 21(4), 2012, pp. 153-164.
Coauthor(s): Felix Rößle and Sebastian Lobe

Die Volatilitätsanomalie auf dem deutschen Aktienmarkt: Mit weniger Risiko zu einer besseren Performance
in: Corporate Finance biz, 2/2012, pp. 81-86.

Islamic Investing
in: Review of Financial Economics, Vol. 21(2), 2012, pp. 53-62.
Coauthor(s): Sebastian Lobe

Die Performance der Luxusgüterindustrie - Eine internationale Untersuchung
in: Corporate Finance biz, 7/2011, pp. 404-408.
Coauthor(s): Stefanie Meier and Klaus Röder

Die Kapitalerhöhung der Dräger AG: Bewertung mittels Preis-Extraktion
in: Corporate Finance biz, 8/2010, pp. 504-508.
Coauthor(s): Klaus Röder

Fundamental Indexing around the World
in: Review of Financial Economics 19(3), 2010, pp. 117-127.
Coauthor(s): Sebastian Lobe

Vilmaris - Ein ungewöhnlicher Börsengang
in: Finanz Betrieb, 11/2009, pp. 605-607.
Coauthor(s): Klaus Röder

SPACs: Struktur, Performance und Bewertung
in: Finanz Betrieb, 10/2008, pp. 641-645.
Coauthor(s): Klaus Röder

Das Maßgeblichkeitsprinzip - historische Entwicklungen und künftige Herausforderungen
VDM Verlag Dr. Müller, Saarbrücken.

 
 

Press

 

Anleger sollten langfristig investieren,

Interview, in: Profits - Das Unternehmermagazin der Sparkassen-Finanzgruppe, Ausgabe 04/2016, S. 47.

 

Einfach gut

Interview, in: Euro Magazin, Ausgabe 09/2015, S. 70-73.

 

Practical Applications of International Low-Risk Investing
Interview, in: Practical Applications 3(1), 2015.

Einfach währt am längsten
Feature, in: Börse Online, Ausgabe 47/2014, S. 39.
Feature, in: Euro Magazin, Ausgabe 12/2014, S. 115.

Von wegen effiziente Märkte
Feature, in: Euro Magazin, Ausgabe 12/2013, S. 100-101.

Ausgezeichnete Finanzforschung

Pressemitteilung der Universität Regensburg vom 01.10.2013.

Ausgezeichnete Value Investing-Forschung
Pressemitteilung der Universität Regensburg vom 10.10.2012.

How Does Islamic Criteria Impact Performance?
Feature, in: Sarasin Islamic Wealth Management Report 2012, S. 27.

Kapitalmarktforschung mit Auszeichnung
Pressemitteilung der Universität Regensburg vom 21.09.2011.

Fundamental Indexing, Nette Idee - schlecht umgesetzt
Feature, in: Capital Investor, Ausgabe 29/2010, S. 36.

Fundamental Indexing, Ansatz nicht ohne Kritik
Interview, in: Institutional Money, Ausgabe 2/2010, S. 71.

 

 


 

Startseite     Lehre     Team     Forschung     Kontakt