Ingolf Dittmann

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

P.O. Box 1738

3000 DR Rotterdam, NL 3062 PA

Netherlands

http://people.few.eur.nl/dittmann/

Tinbergen Institute

P.O. Box 1738

3000 DR Rotterdam

Netherlands

Erasmus Research Institute of Management (ERIM)

P.O. Box 1738

3000 DR Rotterdam

Netherlands

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

SCHOLARLY PAPERS

23

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Top 2,362

in Total Papers Downloads

19,914

SSRN CITATIONS
Rank 5,220

SSRN RANKINGS

Top 5,220

in Total Papers Citations

90

CROSSREF CITATIONS

165

Scholarly Papers (23)

1.

How Important are Risk-Taking Incentives in Executive Compensation?

Review of Finance, Vol. 21, Issue 5, pp. 1805-1846, 2017, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 473/2016
Number of pages: 59 Posted: 26 Jul 2008 Last Revised: 24 Feb 2021
Ingolf Dittmann, Ko-Chia Yu and Dan Zhang
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), National Chung Cheng University and Oslo Business School
Downloads 2,380 (8,235)
Citation 34

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Stock Options, Effort Aversion, Executive Compensation, Risk Aversion, Risk-Taking Incentives, Optimal Strike Price

2.

Lower Salaries and No Options? On the Optimal Structure of Executive Pay

Journal of Finance, Vol. 62, Issue 1, pp. 303-343, 2007, ECGI - Finance Working Paper No. 32/2003, EFA 2005 Moscow Meetings Paper
Number of pages: 50 Posted: 07 Aug 2005 Last Revised: 10 Aug 2009
Ingolf Dittmann and Ernst G. Maug
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and University of Mannheim Business School
Downloads 2,327 (8,509)
Citation 65

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Executive compensation, stock options

3.

Biases and Error Measures: How to Compare Valuation Methods

ERIM Report Series Reference No. ERS-2006-011-F&A, Mannheim Finance Working Paper No. 2006-07
Number of pages: 41 Posted: 26 Feb 2006 Last Revised: 26 Aug 2008
Ingolf Dittmann and Ernst G. Maug
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and University of Mannheim Business School
Downloads 2,294 (8,718)
Citation 10

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Valuation, Financial Ratios, Multiples, Dividend Discount Model, Discounted Cash Flow Model, Residual Income Model

4.

Sticks or Carrots? Optimal CEO Compensation when Managers are Loss-Averse

Journal of Finance, Vol. 65, No. 6, pp. 2015-2050, 2010
Number of pages: 46 Posted: 14 Jul 2006 Last Revised: 19 Dec 2010
Ingolf Dittmann, Ernst G. Maug and Oliver G. Spalt
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Mannheim Business School and University of Mannheim - Business School
Downloads 2,182 (9,430)
Citation 7

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Stock Options, Executive Compensation, Loss Aversion

Bankers on the Boards of German Firms: What They Do, What They are Worth, and Why They are (Still) There

Review of Finance, Vol. 14, No. 1, pp. 35-71, 2010, ECGI - Finance Working Paper No. 196/2008
Number of pages: 45 Posted: 03 Mar 2008 Last Revised: 11 Feb 2010
Ingolf Dittmann, Ernst G. Maug and Christoph Schneider
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Mannheim Business School and Universität Münster
Downloads 1,947 (11,226)
Citation 6

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Banks, Board of Directors, Corporate Governance, Germany

Bankers on the Boards of German Firms: What They Do, What They are Worth, and Why They are (Still) There

Review of Finance, Vol. 14, Issue 1, pp. 35-71, 2010
Posted: 25 Jan 2010
Ingolf Dittmann, Ernst G. Maug and Christoph Schneider
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Mannheim Business School and Universität Münster

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G21, G34

6.

How Preussag Became Tui: Kissing Too Many Toads Can Make You a Toad

Financial Management, Vol. 37, Issue 3, pp. 571-598, 2008, ECGI - Finance Working Paper No. 58/2004
Number of pages: 52 Posted: 15 Nov 2004 Last Revised: 17 Dec 2019
Ingolf Dittmann, Ernst G. Maug and Christoph Schneider
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Mannheim Business School and Universität Münster
Downloads 1,869 (12,190)
Citation 3

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Corporate Governance, Large shareholders, Germany, Diversification, Mergers and Acquisitions

How Fundamental are Fundamental Values? Valuation Methods and Their Impact on the Performance of German Venture Capitalists

European Financial Management, Vol. 10, pp. 609-638, 2004.
Number of pages: 40 Posted: 18 Jul 2002 Last Revised: 16 Feb 2021
Ingolf Dittmann, Ernst G. Maug and Johannes Kemper
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Mannheim Business School and Humboldt University of Berlin
Downloads 1,319 (20,475)
Citation 8

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DCF, Performance, Valuation, Venture Capital, IPO

How Fundamental are Fundamental Values? Valuation Methods and Their Impact on the Performance of German Venture Capitalists

Number of pages: 30 Posted: 30 Nov 2004
Ingolf Dittmann, Ernst G. Maug and Johannes Kemper
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Mannheim Business School and Humboldt University of Berlin
Downloads 22 (689,780)

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8.

Selecting Comparables for the Valuation of European Firms

Number of pages: 25 Posted: 02 Feb 2005
Ingolf Dittmann and Christian Weiner
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and Humboldt University of Berlin - School of Business and Economics
Downloads 1,247 (22,655)
Citation 4

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Company Valuation, Financial Ratios, Industry Classification, Multiples, Valuation Errors

9.

Restricting CEO Pay

Journal of Corporate Finance, Forthcoming, ECGI - Finance Working Paper No. 291/2010
Number of pages: 46 Posted: 22 Aug 2010 Last Revised: 16 Feb 2021
Ingolf Dittmann, Ernst G. Maug and Dan Zhang
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Mannheim Business School and Oslo Business School
Downloads 722 (48,842)

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Executive compensation, caps on pay, loss aversion

10.

Measuring Private Benefits of Control from the Returns of Voting and Non-Voting Shares

Number of pages: 43 Posted: 17 Mar 2003
Ingolf Dittmann
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 563 (67,292)
Citation 1

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11.

Block Trading, Ownership Structure, and the Value of Corporate Votes

Number of pages: 37 Posted: 25 Jul 2004
Ingolf Dittmann
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 504 (77,191)

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12.

Indexing Executive Compensation Contracts

Review of Financial Studies, Vol. 26, 3182-3224, 2013., ECGI - Finance Working Paper No. 309/2011
Number of pages: 65 Posted: 05 Jul 2011 Last Revised: 24 Feb 2021
Ernst G. Maug, Ingolf Dittmann and Oliver G. Spalt
University of Mannheim Business School, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and University of Mannheim - Business School
Downloads 502 (77,560)
Citation 8

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executive compensation, indexed options, relative performance evaluation, pay for luck

Timing and Wealth Effects of German Dual Class Stock Unifications

European Financial Management, Forthcoming, EFMA 2004 Basel Meetings
Number of pages: 46 Posted: 17 Jul 2006
Ingolf Dittmann and Niels Ulbricht
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and University of Mannheim - Department of Business Administration and Finance
Downloads 317 (130,204)
Citation 3

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capital structure, entrenchment, financial constraints, liquidity, ownership structure

Timing and Wealth Effects of German Dual Class Stock Unifications

European Financial Management, Vol. 14, Issue 1, pp. 163-196, January 2008
Number of pages: 34 Posted: 29 Dec 2007
Ingolf Dittmann and Niels Ulbricht
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and University of Mannheim - Department of Business Administration and Finance
Downloads 25 (666,275)

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14.

Note on the Calibration of Executive Compensation Models

Number of pages: 17 Posted: 05 Jul 2011 Last Revised: 26 Jul 2016
Ingolf Dittmann, Dan Zhang, Ernst G. Maug and Oliver G. Spalt
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Oslo Business School, University of Mannheim Business School and University of Mannheim - Business School
Downloads 324 (128,182)
Citation 3

Abstract:

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Stock Options, Executive Compensation, Loss Aversion

15.

Why Votes Have a Value

Games and Economic Behavior, Vol. 84, 17-38, 2014.
Number of pages: 51 Posted: 17 Dec 2007 Last Revised: 16 Feb 2021
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Mannheim Business School, Social Science Research Center (WZB) and Technical University of Berlin
Downloads 284 (147,006)
Citation 1

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Voting, dual-class shares, paradox of voting, experimental economics, instrumental voting, expressive voting

16.

Properties of Nonlinear Transformations of Fractionally Integrated Processes

Journal of Econometrics, Vol. 110, No. 2, pp. 113-133, 2002, UCSD Economics Discussion Paper No. 2000-07
Number of pages: 25 Posted: 01 Dec 2000 Last Revised: 07 Aug 2009
Ingolf Dittmann and Clive W. J. Granger
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and University of California, San Diego (UCSD) - Department of Economics
Downloads 244 (170,994)
Citation 2

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Nonlinear Transformations, Long Memory, Fractional Integration, Antipersistence, Nonstationarity, Hermite Rank, Moments

17.

The Additional Costs of CEO Compensation: The Effect of Relative Wealth Concerns of Employees

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 559/2018
Number of pages: 58 Posted: 16 Apr 2018 Last Revised: 13 Aug 2020
Ingolf Dittmann, Christoph Schneider and Yuhao Zhu
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Universität Münster and Erasmus University Rotterdam (EUR)
Downloads 207 (199,780)
Citation 2

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CEO compensation, relative wealth concerns, employee wages, inequality aversion, pay inequality

18.

Wage Gap and Stock Returns: Do Investors Dislike Pay Inequality?

European Corporate Governance Institute – Finance Working Paper No. 727/2021
Number of pages: 60 Posted: 18 Aug 2018 Last Revised: 02 May 2022
Ingolf Dittmann, Maurizio Montone and Yuhao Zhu
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Utrecht University and Erasmus University Rotterdam (EUR)
Downloads 201 (205,292)
Citation 1

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Wage Gap, Stock Returns, Asymmetric Information, Inequality Aversion

19.

The Optimal Use of Fines and Imprisonment If Governments Don't Maximize Welfare

Journal of Public Economic Theory, Vol. 8, Issue 4, pp. 677-695, 2006
Number of pages: 23 Posted: 18 Jul 2001 Last Revised: 09 Apr 2009
Ingolf Dittmann
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 180 (226,232)
Citation 3

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Crime, Concealed Carry, Shall Issue, Waiting Periods, Police Death

The Corporate Calendar and the Timing of Share Repurchases and Equity Compensation

Number of pages: 80 Posted: 21 Jan 2022 Last Revised: 06 Apr 2022
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Erasmus University Rotterdam (EUR), Erasmus University Rotterdam - Erasmus School of Economics and University of Oxford - Said Business School
Downloads 147 (268,677)

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Payout policy, share repurchases, equity-based incentives, short-termism

The Corporate Calendar and the Timing of Share Repurchases and Equity Compensation

Tinbergen Institute Discussion Paper 21-101/IV
Number of pages: 82 Posted: 05 May 2022
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Erasmus University Rotterdam (EUR), Erasmus University Rotterdam - Erasmus School of Economics and University of Oxford - Said Business School
Downloads 11 (785,231)

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Payout policy, share repurchases, equity-based incentives, short-termism

21.

Discussion of 'Are CEOs Compensated for Value Destroying Growth in Earnings?'

Review of Accounting Studies, Vol. 15, pp. 578-583, 2010
Number of pages: 8 Posted: 05 Jan 2010 Last Revised: 13 Sep 2010
Ingolf Dittmann
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 68 (443,453)

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22.

Error Correction Models for Fractionally Cointegrated Time Series

Number of pages: 6 Posted: 07 Apr 2004
Ingolf Dittmann
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 28 (627,005)
Citation 1

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23.

How Reliable Should Auditors Be? Optimal Monitoring in Principal-Agent Relationships

Posted: 10 Nov 2003
Ingolf Dittmann
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

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