Marc Steffen Rapp

University of Marburg - School of Business & Economics

Professor

Am Plan 2

Marburg, D-35037

Germany

University of Marburg - Marburg Centre for Institutional Economics (MACIE)

Scientific Co-Director

Am Plan

Marburg, 35032

Germany

SCHOLARLY PAPERS

74

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in Total Papers Downloads

36,079

SSRN CITATIONS

50

CROSSREF CITATIONS

50

Scholarly Papers (74)

1.

Risikofaktoren und Multifaktormodelle für den Deutschen Aktienmarkt (Risk Factors and Multi-Factor Models for the German Stock Market)

Betriebswirtschaftliche Forschung & Praxis, 65 (5), pp. 469-492, CEFS Working Paper 01-2011
Number of pages: 32 Posted: 17 Nov 2011 Last Revised: 13 Nov 2013
Matthias X. Hanauer, Christoph Kaserer and Marc Steffen Rapp
Technische Universität München (TUM), Technische Universität München (TUM) and University of Marburg - School of Business & Economics
Downloads 5,909 (2,700)
Citation 10

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CAPM, multi-factor models, Asset Pricing, Asset Pricing Anomalies, Anomalies, Fama French, Carhart, Risk Factors, Value, Size, Momentum, Germany

2.

Information Asymmetries and the Value-Relevance of Cash Flow and Accounting Figures – Empirical Analysis and Implications for Managerial Accounting

Problems and Perspectives in Management, Vol. 8, No. 2, 2010, CEFS Working Paper 08-2010
Number of pages: 25 Posted: 20 Feb 2010 Last Revised: 30 Dec 2010
Marc Steffen Rapp
University of Marburg - School of Business & Economics
Downloads 1,544 (23,920)
Citation 1

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Accounting figures, performance measures, total shareholder return, managerial accounting

3.

Considering the Shareholder Perspective: Value-based Management Systems and Stock Market Performance

Review of Managerial Science, Vol. 5, No. 2, pp. 171-194, CEFS Working Paper No. 09-2010
Number of pages: 29 Posted: 18 May 2010 Last Revised: 24 May 2012
University of Marburg - School of Business & Economics, Technische Universität München (TUM), Technische Universität München (TUM) - Center for Entrepreneurial and Financial Studies (CEFS) and University of Göttingen
Downloads 1,396 (27,705)
Citation 2

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value-based management, corporate governance, econometric analysis, Germany

4.

Hard or Soft Regulation of Corporate Governance?

HHL Research Paper Series in Corporate Governance No. 6
Number of pages: 38 Posted: 20 Sep 2011 Last Revised: 30 Nov 2011
Marc Steffen Rapp, Thomas Schmid and Michael Wolff
University of Marburg - School of Business & Economics, The University of Hong Kong - Faculty of Business and Economics and University of Göttingen
Downloads 1,261 (32,237)
Citation 7

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corporate governance, code of best practice, firm performance, Germany

5.

Can Financial Flexibility Explain the Debt Conservatism Puzzle? Cross-Country Evidence from Listed Firms

Number of pages: 43 Posted: 20 Apr 2011 Last Revised: 23 Apr 2011
Andreas Maximilian Killi, Marc Steffen Rapp and Thomas Schmid
University of Marburg, University of Marburg - School of Business & Economics and The University of Hong Kong - Faculty of Business and Economics
Downloads 1,149 (36,796)
Citation 2

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Capital structure, debt conservatism, financial flexibility, international finance

6.

Corporate Governance in Germany: Recent Developments and Challenges

Journal of Applied Corporate Finance, Vol. 27, No.4, Fall 2015 , HHL Research Paper Series in Corporate Governance No. 13, November 2015
Number of pages: 21 Posted: 03 Mar 2016
Marc Steffen Rapp and Christian Strenger
University of Marburg - School of Business & Economics and DWS Investments
Downloads 1,015 (43,981)
Citation 2

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Corporate governance, ownership structure, bank influence, board structure, codetermination, Germany

7.

Boosting Agnostic Fundamental Analysis: Using Machine Learning to Identify Mispricing in European Stock Markets

Finance Research Letters, Forthcoming
Number of pages: 23 Posted: 14 Dec 2021 Last Revised: 05 Apr 2022
Matthias X. Hanauer, Marina Kononova and Marc Steffen Rapp
Technische Universität München (TUM), University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 961 (47,497)

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Fundamental analysis, market efficiency, stock return, machine learning, random forest, gradient boo

8.

Determinants of Executive Compensation – Empirical Evidence from German Prime Standard Firms (Determinanten der Vorstandsvergütung – Eine empirische Untersuchung der deutschen Prime-Standard-Unternehmen)

Zeitschrift für Betriebswirtschaft, Vol. 80, pp. 1075–1112, 2010 , CEFS Working Paper 07-2010
Number of pages: 39 Posted: 20 Feb 2010 Last Revised: 30 Dec 2010
Marc Steffen Rapp and Michael Wolff
University of Marburg - School of Business & Economics and University of Göttingen
Downloads 933 (49,498)
Citation 1

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executive compensation, corporate governance, Germany, two-tier system

9.

Regulation and the Anatomy of Ownership Structures in European Listed Firms

Version without internet appendix publised as: Rapp, M.S. and Trinchera, O. (2017), Regulation and the ownership structure of European listed firms, in Kose John , Anil K. Makhija , Stephen P. Ferris (ed.), Advances in Financial Economics, Volume 19: Global Corporate Governance, Emerald Group.
Number of pages: 58 Posted: 23 Nov 2011 Last Revised: 24 Jul 2023
Marc Steffen Rapp and Oliver Trinchera
University of Marburg - School of Business & Economics and Technische Universität München
Downloads 924 (50,129)
Citation 1

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Corporate governance, ownership structure, shareholder protection, institutional ownership, minority shareholders, agency conflicts, Europe

10.

Aktienbasierte Langfristanreize im Rahmen der Vorstandsverguetung - Evidenz auf Basis Deutscher Prime Standard Unternehmen (Stock-Based Incentives in Executive Compensation Packages - Evidence from German Prime Standard Firms)

Die Betriebswirtschaft (DBW), Vol. 70, No. 4, pp. 311-330, August 2011, CEFS Working Paper No. 2009-03
Number of pages: 36 Posted: 06 Mar 2009 Last Revised: 13 Jul 2015
Marc Steffen Rapp, Philipp Schaller and Michael Wolff
University of Marburg - School of Business & Economics, Technische Universität München - Center for Entrepreneurial and Financial Studies and University of Göttingen
Downloads 905 (51,573)

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Executive compensation, incentives, corporate governance, Germany

11.

Kodexakzeptanz 2017: Analyse Der Entsprechenserklärungen Von Dax-Und Mdax-Gesellschaften Zum Deutschen Corporate Governance Kodex (Code Compliance 2017: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Number of pages: 67 Posted: 22 Apr 2017
Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics, DWS Investments and University of Göttingen
Downloads 707 (71,751)

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Corporate Governance, German Corporate Governance Code, Compliance, Governance Rating, Germany

12.

Remuneration of Executives in German Prime Standard Firms - Empirical Evidence (Verguetung von Vorstandsorganen deutscher Aktiengesellschaften: Ergebnisse einer Analyse der deutschen Prime Standard Unternehmen)

Zeitschrift für Corporate Governance, Vol. 2, pp. 901-905, 2009
Number of pages: 8 Posted: 06 Mar 2009
Cornelia Ernst, Marc Steffen Rapp and Michael Wolff
Technische Universität München (TUM) - Chair of Business and International Financial Management, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 682 (75,118)

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Executive compensation, remuneration, Germany

13.

Kodexakzeptanz 2012: Analyse der Entsprechenserklärungen zum Deutschen Corporate Governance Kodex (Code Compliance 2012: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Number of pages: 45 Posted: 12 Apr 2012 Last Revised: 19 May 2013
Christian R. G. Kohl, Marc Steffen Rapp and Michael Wolff
HHL Leipzig Graduate School of Management | Center for Corporate Governance, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 666 (77,406)

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corporate governance, German Corporate Governance Code, compliance, governance rating, Germany

14.

Determinants of Director Compensation in Two-Tier Systems: Evidence from German Panel Data

Review of Managerial Science, CEFS Working Paper 06-2010
Number of pages: 47 Posted: 15 Oct 2009 Last Revised: 30 Dec 2010
Jörn Michael Andreas, Marc Steffen Rapp and Michael Wolff
University of Karlsruhe - Institute for Management, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 635 (82,199)
Citation 12

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Director Compensation, Corporate Governance, Outside Directors, Two-tier System, Agency Costs

15.

Kodexakzeptanz 2016: Analyse der Entsprechenserklärungen von DAX- und MDAX-Gesellschaften zum Deutschen Corporate Governance Kodex (Code Compliance 2016: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Kodexakzeptanz 2016
Number of pages: 66 Posted: 22 Apr 2016 Last Revised: 19 Apr 2017
Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics, DWS Investments and University of Göttingen
Downloads 610 (86,567)

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Corporate Governance, German Corporate Governance Code, Compliance, Governance Rating, Germany

16.

Ausgewählte Aspekte der Vorstandsvergütung in börsennotierten Unternehmen: Vergütungspraktiken im europäischen Vergleich (Selected Aspects of Executive Compensation in Listed Firms: Remuneration Practices in Europe)

Zeitschrift für Corporate Governance, April 2011
Number of pages: 14 Posted: 09 Mar 2011 Last Revised: 19 Dec 2011
Alexander Hüttenbrink, Marc Steffen Rapp and Michael Wolff
Technische Universität München (TUM) - Center for Entrepreneurial and Financial Studies (CEFS), University of Marburg - School of Business & Economics and University of Göttingen
Downloads 609 (86,567)

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Executive Compensation, Remuneration, Europe

17.

Kodexakzeptanz 2014: Analyse der Entsprechenserklärungen von DAX- und MDAX-Gesellschaften zum Deutschen Corporate Governance Kodex (Code Compliance 2014: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Number of pages: 61 Posted: 10 May 2014
Christian R. G. Kohl, Marc Steffen Rapp and Michael Wolff
HHL Leipzig Graduate School of Management | Center for Corporate Governance, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 602 (87,864)
Citation 1

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corporate governance, German Corporate Governance Code, compliance, governance rating, Germany

18.

VBM in Deutschland: Status quo und Herausforderungen (VBM in Germany: Status Quo and Challenges)

Controlling - Zeitschrift für erfolgsorientierte Unternehmenssteuerung (Forthcoming)
Number of pages: 14 Posted: 31 Oct 2014 Last Revised: 13 Jul 2015
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics, Duff and Phelps GmbH and University of Göttingen
Downloads 592 (90,220)
Citation 2

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best-practice, implementation, success factors, survey, value-based management

19.

Arbitrage-Free Valuation of Investment Projects Using Risk-Adjusted Discount Rates

Number of pages: 17 Posted: 15 Jun 2004
Marc Steffen Rapp
University of Marburg - School of Business & Economics
Downloads 585 (91,183)

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Risk neutral valuation, capital budgeting

20.

Kodexakzeptanz 2013: Analyse der Entsprechenserklärungen zum Deutschen Corporate Governance Kodex (Code Compliance 2013: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Number of pages: 53 Posted: 16 Apr 2013 Last Revised: 19 May 2013
Christian R. G. Kohl, Marc Steffen Rapp and Michael Wolff
HHL Leipzig Graduate School of Management | Center for Corporate Governance, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 580 (92,155)
Citation 1

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corporate governance, German Corporate Governance Code, compliance, governance rating, Germany

21.

Selected Aspects of Executive Remuneration in Listed Firms: Family vs. Non-Family Firms (Ausgewählte Aspekte der Vorstandsvergütung in Börsennotierten Unternehmen: Familien- vs. Nicht-Familienunternehmen)

Zeitschrift für Corporate Governance, No. 3, 2010
Number of pages: 12 Posted: 09 Feb 2010 Last Revised: 17 Oct 2010
Technische Universität München - Center for Entrepreneurial and Financial Studies, University of Marburg - School of Business & Economics, Technische Universität München - Center for Entrepreneurial and Financial Studies and University of Göttingen
Downloads 578 (92,579)

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Executive Compensation, Family Firms, Remuneration, Germany

22.

Ausgewählte Aspekte Der Vorstandsvergütung: Say-on-Pay-Abstimmungen Im Rahmen Der Hauptversammlung – Ergebnisse Einer Empirischen Analyse Der HV-Saison 2010 (Selected Aspects of Executive Remuneration in Listed Firms: Say-on-Pay Votes at the Annual Meeting - Results of an Empirical Analysis from the Annual Meeting Season 2010)

HHL Center for Corporate Governance Research Paper No. 7
Number of pages: 10 Posted: 06 Feb 2012
Marc Eulerich, Marc Steffen Rapp and Michael Wolff
University of Duisburg-Essen, Mercator School of Management, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 575 (93,155)
Citation 3

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Say-on-Pay, Management Compensation, VorstAG

23.

Kodexakzeptanz 2019: Analyse der Entsprechenserklärungen von DAX- und MDAX-Gesellschaften zum Deutschen Corporate Governance Kodex (Code Compliance 2019: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Number of pages: 66 Posted: 07 Jun 2019
Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics, DWS Investments and University of Göttingen
Downloads 549 (98,802)
Citation 1

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Corporate Governance, German Corporate Governance Code, Compliance, Governance Rating, Germany

24.

Who is Asking the Shareholders? Voting on Management Compensation in German Listed Firms – Evidence from the Annual Meeting Season 2010 (Wer fragt die Aktionäre? - Abstimmung über das Vorstandsvergütungssystem: Erfahrungen aus der HV-Saison 2010)

HHL Research Paper Series in Corporate Governance No. 2
Number of pages: 25 Posted: 13 Dec 2010
Marc Steffen Rapp, Marco O. Sperling and Michael Wolff
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 545 (99,728)
Citation 9

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management compensation, remuneration, say-on-pay, corporate governance, Germany, shareholder meeting

25.

The German Corporate Governance Code: Experience From the Years 2002-2009

HHL Research Paper Series in Corporate Governance No. 1, Zeitschrift für Corporate Governance, 20011 (different title)
Number of pages: 11 Posted: 13 Dec 2010 Last Revised: 17 Jul 2011
Technische Universität München, University of Marburg - School of Business & Economics, DWS Investments and University of Göttingen
Downloads 489 (113,717)

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corporate governance, soft regulation, Germany, German corporate governance code

26.

On the Structure and Size of Executive Compensation Packages in German Prime Standard Firms (Struktur und Höhe von Vorstandsbezügen in deutschen Prime Standard Unternehmen)

Die Aktiengesellschaft, 8/2009, R156-R160
Number of pages: 8 Posted: 11 Mar 2009 Last Revised: 31 Dec 2009
Marc Steffen Rapp, Philipp Schaller and Michael Wolff
University of Marburg - School of Business & Economics, Technische Universität München - Center for Entrepreneurial and Financial Studies and University of Göttingen
Downloads 429 (132,733)

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Executive compensation, remuneration, Germany

27.

Kodexakzeptanz 2015: Analyse der Entsprechenserklärungen von DAX- und MDAX-Gesellschaften zum Deutschen Corporate Governance Kodex (Code Compliance 2015: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Number of pages: 62 Posted: 24 Apr 2015
Christian R. G. Kohl, Marc Steffen Rapp and Michael Wolff
HHL Leipzig Graduate School of Management | Center for Corporate Governance, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 417 (137,193)
Citation 1

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Corporate Governance, German Corporate Governance Code, Compliance, Governance Rating, Germany

28.

The Certification Hypothesis of Fairness Opinions for Acquiring Firms

International Review of Law and Economics, Vol. 31, No. 4, pp. 240-248, HHL Research Paper Series in Corporate Governance No. 4
Number of pages: 24 Posted: 23 Mar 2009 Last Revised: 24 May 2012
Handelshochschule Leipzig, University of Marburg - School of Business & Economics, HHL Leipzig Graduate School of Management - Department of Finance and Handelshochschule Leipzig (HHL)
Downloads 406 (141,508)
Citation 1

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Fairness opinion, acquisition, management incentives

29.

Kodexakzeptanz 2018: Analyse der Entsprechenserklärungen von DAX- und MDAX-Gesellschaften zum Deutschen Corporate Governance Kodex (Code Compliance 2018: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Number of pages: 63 Posted: 12 Jun 2018 Last Revised: 22 Jun 2021
Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics, DWS Investments and University of Göttingen
Downloads 402 (143,524)

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Corporate Governance, German Corporate Governance Code, Compliance, Governance Rating, Germany

30.

Cash Holdings and Leverage of German Listed Firms – Evidence from 1992 to 2011

Betriebliche Forschung und Praxis (Forthcoming) , MACIE Paper Series 2015/4
Number of pages: 33 Posted: 09 May 2014 Last Revised: 21 Jul 2015
Marc Steffen Rapp and Andreas Maximilian Killi
University of Marburg - School of Business & Economics and University of Marburg
Downloads 389 (148,526)
Citation 1

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Germany, cash ratio, leverage ratio, capital structure, multivariate regression analysis

31.

Non-Mandatory Say on Pay Votes and AGM Participation: Evidence from Germany

SAFE Working Paper No. 107
Number of pages: 38 Posted: 02 Jun 2015 Last Revised: 03 Jun 2015
Daniel Powell and Marc Steffen Rapp
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 386 (149,796)
Citation 5

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Corporate Governance, Executive Remuneration, Say on Pay, Annual General Meeting, Germany

32.

Director Networks, Firm Performance, and Shareholder Base

Number of pages: 37 Posted: 12 Oct 2010
Dominik Böhler, Marc Steffen Rapp and Michael Wolff
Karlsruhe Institute of Technology, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 379 (152,942)
Citation 4

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director networks, investor base, corporate governance, inter-organizational relationships

33.

State Ownership and Corporate Investment

Number of pages: 59 Posted: 22 Feb 2016 Last Revised: 24 Aug 2018
Patrick Jaslowitzer, William L. Megginson and Marc Steffen Rapp
University of Marburg - School of Business & Economics, University of Oklahoma and University of Marburg - School of Business & Economics
Downloads 377 (153,883)
Citation 7

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Government policy and regulation, state ownership, corporate investment

34.

Stock-Based Incentives: Design and Implications for Firm Performance

“Highly Commended” Award at the 7th International Conference on Corporate Governance at Birmingham Business School in June 2009
Number of pages: 36 Posted: 18 Feb 2009 Last Revised: 12 Jan 2011
Marc Steffen Rapp, Philipp Schaller and Michael Wolff
University of Marburg - School of Business & Economics, Technische Universität München - Center for Entrepreneurial and Financial Studies and University of Göttingen
Downloads 357 (163,386)

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Incentives, management compensation, stock-based compensation, corporate governance

35.

Der Deutsche Corporate Governance Kodex als standardisierte Form der Corporate Governance Berichterstattung in der Finanzkommunikation (Corporate Governance Codes As a Mean of Ensuring Standardized Corporate Governance Reporting: The Example of the German Corporate Governance Code)

Forthcoming, 'Handbuch Investor Relations und Finanzkommunikation, Springer'
Number of pages: 30 Posted: 12 Mar 2020
Marc Steffen Rapp and Marco O. Sperling
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 354 (164,865)

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Corporate Governance, governance code, compliance, comply-or-explain, Germany

36.

Payout Policy, Taxes, and Corporate Insiders: Evidence from the German Tax Reform 2001

Zeitschrift für Betriebswirtschaft, Forthcoming
Number of pages: 34 Posted: 03 Apr 2011 Last Revised: 29 Nov 2011
Christoph Kaserer, Marc Steffen Rapp and Oliver Trinchera
Technische Universität München (TUM), University of Marburg - School of Business & Economics and Technische Universität München
Downloads 351 (166,343)

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corporate governance, clientele effect, dividend policy, ownership structure, payout policy, share repurchases, taxes, tax reform

37.

Akzeptanz des Deutschen Corporate Governance Kodex: Governance-Indizes und Unternehmenseigenschaften (Code Compliance: Governance Indices and Firm Characteristics)

HHL Research Paper Series in Corporate Governance No. 11 - May 2013
Number of pages: 17 Posted: 20 May 2013 Last Revised: 15 Jul 2013
Christian R. G. Kohl, Marc Steffen Rapp and Michael Wolff
HHL Leipzig Graduate School of Management | Center for Corporate Governance, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 348 (168,503)

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corporate governance, German Corporate Governance Code, compliance, governance rating, Germany

38.

Praxis der Aufsichtsratsvergütung in börsennotierten Unternehmen: Status Quo und Herausforderungen (Practice of Director Compensation in Listed Firms: Status Quo and Challenges)

Zeitschrift für Führung & Organisation, August 2011 , HHL Research Paper Series in Corporate Governance No. 3, April 2011
Number of pages: 12 Posted: 10 Apr 2011 Last Revised: 04 Dec 2012
Christian Lazar, Yves Metzner, Marc Steffen Rapp and Michael Wolff
Ravensburg-Weingarten University, Philipps University Marburg, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 345 (169,514)

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Director Compensation, Remuneration, Incentives, Corporate Governance

39.

Corporate Governance and Stock-Based Incentives – An Analysis of European Firms

Number of pages: 34 Posted: 23 Jul 2009 Last Revised: 05 Aug 2010
University of Karlsruhe, University of Marburg - School of Business & Economics, Technische Universität München (TUM) and University of Göttingen
Downloads 311 (189,266)

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Stock-Based Incentives, Executive Compensation, Corporate Governance, Europe

40.

The Disappearing ‘Deutschland AG’ – An Analysis of Blockholdings in German Large Caps

Problems and Perspectives in Management, Vol.9, Issue 4, pp.46 - 58
Number of pages: 28 Posted: 04 Mar 2008 Last Revised: 24 May 2012
Karlsruhe Institute of Technology, University of Marburg - School of Business & Economics, HHL Leipzig Graduate School of Management - Department of Finance and University of Marburg - School of Business & Economics
Downloads 307 (191,963)

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block trades, ownership structure, ultimate ownership, Germany

41.

Personal Taxes and Circularity Problems in Corporate Valuation - a Note (Not Only) on 'Valuation with or Without Personal Income Taxes?' by Frank Richter, Sbr 2004

Number of pages: 23 Posted: 15 Aug 2004
Bernhard Schwetzler and Marc Steffen Rapp
HHL Leipzig Graduate School of Management - Department of Finance and University of Marburg - School of Business & Economics
Downloads 299 (197,352)

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valuation, personal taxes

42.

Kodexakzeptanz 2011: Analyse der Entsprechenserklärungen zum Deutschen Corporate Governance Kodex (Code Compliance 2011: Analysis of the Declarations of Conformity with the German Corporate Governance Code)

Der Aufsichtsrat, 2011, HHL Research Paper Series in Corporate Governance No. 5 - July 2011
Number of pages: 8 Posted: 15 Jul 2011 Last Revised: 19 May 2013
Christian R. G. Kohl, Marc Steffen Rapp and Michael Wolff
HHL Leipzig Graduate School of Management | Center for Corporate Governance, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 291 (203,110)
Citation 1

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corporate governance, german corporate governance code, compliance

43.

Adjusting Discount Rates in the Presence of a Simple Tax System (Die Arbitragefreie Adjustierung von Diskontierungssätzen bei einfacher Gewinnsteuer)

Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung, Vol. 58, No. 6, pp. 771-806, September 2006
Number of pages: 41 Posted: 17 May 2004 Last Revised: 07 Aug 2009
Marc Steffen Rapp
University of Marburg - School of Business & Economics
Downloads 287 (205,981)

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capital budgeting, wacc, risk neutral valuation

44.

Aktuelle Entwicklungen bei der Aufsichtsratsvergütung (Current Trends in the Compensation of Non-Executive Directors in Germany)

Der Aufsichtsrat, Vol. 9, No 11, November 2012
Number of pages: 6 Posted: 02 Nov 2012 Last Revised: 04 Dec 2012
Yves Metzner, Marc Steffen Rapp and Michael Wolff
Philipps University Marburg, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 280 (211,273)

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Director Compensation, Corporate Governance, Outside Directors, Two-tier System

45.

Personal Taxes in Multiperiod Valuation Models (Persönliche Steuern Im Mehrperiodenkontext)

FinanzBetrieb, Vol. 2, pp. 108-116, 2007
Number of pages: 19 Posted: 28 Sep 2006 Last Revised: 31 Mar 2009
Marc Steffen Rapp and Bernhard Schwetzler
University of Marburg - School of Business & Economics and HHL Leipzig Graduate School of Management - Department of Finance
Downloads 250 (236,605)

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CAPM, personal taxes

46.

Do Stock-Based Incentives Promote Long-Term Oriented Firm Behavior? Evidence from the Recent Credit Crises (Fördern Aktienkursbasierte Vergütungsinstrumente Langfristig Orientierte Unternehmensentscheidungen? Lehren aus der Kreditkrise)

Zeitschrift für Betriebswirtschaft, Forthcoming
Number of pages: 36 Posted: 21 Mar 2012 Last Revised: 25 May 2012
Marc Steffen Rapp, Philipp Schaller and Michael Wolff
University of Marburg - School of Business & Economics, Technische Universität München - Center for Entrepreneurial and Financial Studies and University of Göttingen
Downloads 240 (246,381)
Citation 1

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Executive compensation, investment behavior, long-term orientation, corporate governance

47.

Asset Prices in the Presence of a Tax Authority

Public Finance Analysis (FinanzArchiv), Vol. 64, No. 3, pp. 334-351, September 2008
Number of pages: 22 Posted: 27 May 2004 Last Revised: 09 Mar 2009
Marc Steffen Rapp and Bernhard Schwetzler
University of Marburg - School of Business & Economics and HHL Leipzig Graduate School of Management - Department of Finance
Downloads 240 (246,381)

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Taxation, valuation, risk neutral probability measure

48.

10 Jahre Transparenz in der Aufsichtsratsvergütung deutscher Prime Standard Unternehmen: Trends von 2004 bis 2014 (10 Years Transparency in Director Compensation of German Prime Standard Firms: Trends from 2004 to 2014)

ZCG Zeitschrift für Corporate Governance (Forthcoming)
Number of pages: 19 Posted: 21 Jul 2016
Marc Steffen Rapp, Hendrik Schuchardt and Michael Wolff
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 232 (254,522)
Citation 1

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Director Compensation, Corporate Governance, Outside Directors, Two-tier System

49.

Comments on Loffler's Miles - Ezzell's Wacc Yields Arbitrage

Number of pages: 7 Posted: 19 May 2004
Bernhard Schwetzler and Marc Steffen Rapp
HHL Leipzig Graduate School of Management - Department of Finance and University of Marburg - School of Business & Economics
Downloads 231 (255,596)

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WACC, risk neutral valuation

50.

Remuneration of Non-Executive Directors in German Listed Firms: An Empirical Note

HHL Research Paper Series in Corporate Governance, No. 12, May 2013
Number of pages: 19 Posted: 02 Jun 2013
Christian Lazar, Yves Metzner, Marc Steffen Rapp and Michael Wolff
Ravensburg-Weingarten University, Philipps University Marburg, University of Marburg - School of Business & Economics and University of Göttingen
Downloads 222 (265,370)

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Non-executive compensation, incentives, corporate governance, Germany

51.

Arbitrage, Cost of Capital and the Miles/Ezzell-Wacc in a Three-Date Model

Finanz Betrieb, pp. 502-505, September 2002
Number of pages: 8 Posted: 20 May 2004 Last Revised: 03 Jan 2011
Bernhard Schwetzler and Marc Steffen Rapp
HHL Leipzig Graduate School of Management - Department of Finance and University of Marburg - School of Business & Economics
Downloads 207 (283,284)

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WACC, risk neutral valuation

52.

Blockholder Power, Shareholder Conflicts and Legal Protection: Evidence from Tax Preferences and Payout Decisions

27th Australasian Finance and Banking Conference 2014 Paper
Number of pages: 66 Posted: 18 Mar 2012 Last Revised: 29 Aug 2014
Christoph Kaserer, Marc Steffen Rapp and Oliver Trinchera
Technische Universität München (TUM), University of Marburg - School of Business & Economics and Technische Universität München
Downloads 200 (292,368)

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Corporate Governance, Shareholder Protection, Ownership structure, Payout Policy, Taxes

53.

Recent Developments in Ownership Structures of German Listed Firms: From Cross-Ownership to Common Ownership

This article has been prepared for the Festschrift 'Vom Wert guter Governance' to celebrate the 80th birthday of Professor Christian Strenger. The Festschrift has been published by Fachmedien, Düsseldorf.
Number of pages: 22 Posted: 21 Jul 2023
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 198 (295,013)

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54.

Adjusting Option Contracts for Seasoned Equity Offers - the Example of European Call Options

Bankarchiv - Zeitschrift für das gesamte Bank- und Börsenwesen, Vol. 53, No. 10, pp. 691-701, October 2005
Number of pages: 29 Posted: 13 Mar 2009 Last Revised: 15 Mar 2009
Marc Steffen Rapp and Christian Lazar
University of Marburg - School of Business & Economics and Ravensburg-Weingarten University
Downloads 190 (306,308)

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Seasoned equity offfering, equity option, option contract

55.

Corporate Governance and Its Impact on R&D Investment in Emerging Markets

HHL Research Paper Series in Corporate Governance No. 14
Number of pages: 32 Posted: 14 Jul 2016 Last Revised: 23 Jul 2016
Marc Steffen Rapp and Iuliia Udoieva
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 185 (313,619)
Citation 1

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R&D Investment, Ownership, Shareholder Rights Protection, Emerging Markets

56.

Securities Market Reforms and Market Segments for IPOs: An Analysis of Listing and Delisting Decisions in Germany

Number of pages: 52 Posted: 03 Dec 2018 Last Revised: 13 Feb 2019
University of Hamburg, Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics and University of Hamburg
Downloads 181 (319,905)

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Securities market organization, corporate governance, regulatory reforms, going public, going dark, segment transfer, delisting

What Matters in the Finance–Growth Nexus of Advanced Economies? Evidence from OECD Countries

MACIE Paper Series Nr. 2016/12
Number of pages: 9 Posted: 24 Jul 2016 Last Revised: 09 Dec 2017
Marc Steffen Rapp and Iuliia Udoieva
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 109 (483,114)
Citation 1

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Finance, Financial development, Stock market, Economic development, Growth

What Matters in the Finance-Growth Nexus of Advanced Economies? Evidence from OECD Countries

Applied Economics, Forthcoming
Number of pages: 38 Posted: 29 May 2017
Marc Steffen Rapp and Iuliia Udoieva
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 65 (667,614)

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finance, financial development, stock market, economic development, growth, risk

58.

Code Compliance Study 2018 - Analysis of the Declarations of Conformity with the German Corporate Governance Code (Version February 2017)

Number of pages: 9 Posted: 09 Aug 2018
Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics, DWS Investments and University of Göttingen
Downloads 173 (333,079)

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Corporate Governance, German Corporate Governance Code, Compliance, Governance Rating, Germany

Improving Bargaining Power or Putting Safety First? Ownership Structure and the Effect of Labor Market Regulation on Leverage

Number of pages: 68 Posted: 05 Jun 2018 Last Revised: 13 Sep 2023
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics, University of Georgia - Department of Banking and Finance and University of Marburg - School of Business & Economics
Downloads 95 (532,696)

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Financial leverage, ownership structure, labor market regulation, labor power, financial flexibility

Improving Bargaining Power or Putting Safety First? Ownership Structure and the Effect of Labor Market Regulation on Leverage

Number of pages: 57 Posted: 19 Feb 2019
Marina Kononova, Marc Steffen Rapp and Iuliia Udoieva
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 65 (667,614)

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financial leverage, ownership structure, labor market regulation, labor power, financial flexibility

60.

Analysis of the Declarations of Conformity with the German Corporate Governance Code (Version February 2017)

German Code Compliance 2019, HHL Leipzig Graduate School of Management, Center for Corporate Governance
Number of pages: 9 Posted: 07 Jun 2019
Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics, DWS Investments and University of Göttingen
Downloads 157 (361,766)

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Corporate Governance, German Corporate Governance Code, Compliance, Governance Rating, Germany

61.

Stock Market Effects of ECB's Asset Purchase Programmes: Firm-Level Evidence

Economics Letters, Volume 169, August 2018, Pages 7-10
Number of pages: 20 Posted: 19 Apr 2018 Last Revised: 22 Jun 2021
Kai Henseler and Marc Steffen Rapp
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 155 (365,698)
Citation 2

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ECB, Monetary Policy, Quantitative Easing, Stock Market, Event Study

62.

MACIE EU Taxonomy Report 2023

Philipps-Universität Marburg School of Business and Economics, MACIE - Marburg Centre for Institutional Economics, May 2023
Number of pages: 40 Posted: 14 Jun 2023 Last Revised: 10 Jul 2023
Marc Steffen Rapp and Melina Roser
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 135 (408,392)

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EU Taxonomy, Green Finance, Sustainability, EU Commission, EURO Stoxx 50

63.

The Global Financial Crisis and Stock Market Migrations: An Analysis of Family and Non-Family Firms in Germany

International Review of Financial Analysis, Vol. 74, 2021
Number of pages: 80 Posted: 03 Dec 2018 Last Revised: 11 Aug 2021
University of Hamburg, Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics and University of Hamburg
Downloads 126 (430,769)
Citation 1

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Securities market organization, corporate governance, regulatory changes, going dark, delisting, family firms

64.

From Financial Markets to Corporate Governance: Steering the Capital Allocation Process and Its Implications for Firm Performance and Society at Large

Number of pages: 104 Posted: 11 Apr 2019
Marc Steffen Rapp and Michael Wolff
University of Marburg - School of Business & Economics and University of Göttingen
Downloads 121 (444,219)

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corporate governance, capital allocation, financial markets, growth

65.

Complexity of ECB Communication and Financial Market Trading

Joint Discussion Paper Series in Economics No. 19-2019
Number of pages: 47 Posted: 12 Aug 2019 Last Revised: 09 Dec 2020
Bernd Hayo, Kai Henseler, Marc Steffen Rapp and Johannes Zahner
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics and University of Marburg
Downloads 101 (506,920)
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ECB, central bank communication, textual analysis, linguistic complexity, readability, financial markets, European stock markets

66.

Code Compliance Study 2017 - Analysis of the Declarations of Conformity with the German Corporate Governance Code (Version May 2015)

Number of pages: 67 Posted: 28 Jun 2017
Handelshochschule Leipzig (HHL) - Center for Corporate Governance, University of Marburg - School of Business & Economics, DWS Investments and University of Göttingen
Downloads 93 (535,109)

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Corporate Governance, German Corporate Governance Code, Compliance, Governance Rating, Germany

67.

Listed Founding Family Firms and Labor Cost Stickiness #

Forthcoming in "Industrial Relations: A Journal of Economy and Society" (https://doi.org/10.1111/irel.12373)
Number of pages: 48 Posted: 21 Nov 2023
Carsten Gnoth, Marc Steffen Rapp and Iuliia Udoieva
University of Marburg, University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 92 (542,609)

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Cost stickiness, Labor costs, Family firm, Socioemotional wealth

68.

EU-Taxonomie, CO2-Emissionen und Transformationspotential: Eine Untersuchung der Prime Standard Unternehmen (EU taxonomy, CO2 emissions and transformation potential: A study of prime standard companies)

Erschienen in Corporate Finance, Heft 07-08, Seite 166-171, CF1462801
Number of pages: 10 Posted: 29 Apr 2024
Lion Fischer, Marc Steffen Rapp and Melina Roser
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 78 (594,937)

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EU Taxonomy, Green Finance, Sustainability, EU Commission, Prime Standard

69.

The Importance of ESG, Environmental Sustainability, and the EU Taxonomy for Institutional Investors: Survey Evidence

Number of pages: 59 Posted: 04 Jun 2024
Marc Steffen Rapp and Melina Roser
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 59 (693,046)

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EU Taxonomy, ESG investing, institutional investors, green investment, survey

70.

Estimating the Monetary Policy Interest-Rate-To-Performance Sensitivity of the European Banking Sector at the Zero Lower Bound

Revised version publised in Finance Research Letters, Volume 31, December 2019
Number of pages: 22 Posted: 30 Jan 2019 Last Revised: 22 Jun 2021
Bernd Hayo, Kai Henseler and Marc Steffen Rapp
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 59 (687,628)

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ECB, central bank communication, banking sector, interest rate sensitivity, textual analysis, Wordscores

71.

Does Finance Benefit Society? Financial Sector Size and Labour Market Performance

Number of pages: 32 Posted: 06 Apr 2022
Marc Steffen Rapp and Iuliia Udoieva
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 53 (721,668)

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finance, financial development, labour markets, unemployment, non-linearities

72.

Digitalisierung, Governance und Unternehmensperformance: Eine empirische Analyse deutscher Unternehmen (Digitalization, Corporate Governance, and Firm Performance: An Empirical Analysis of German Firms)

Erschienen in Corporate Finance, Heft 03-04, Seite 89-94, CF1458791
Number of pages: 22 Posted: 30 Apr 2024
Lion Fischer and Marc Steffen Rapp
University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics
Downloads 28 (908,800)

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EU Taxonomy, Green Finance, Sustainability, EU Commission, Prime Standard

73.

Economic policy uncertainty and the founding family firm premium

Number of pages: 48 Posted: 06 Sep 2024
Markus Fütterer, Marc Steffen Rapp and Ignacio Requejo
University of Marburg - School of Business & Economics, University of Marburg - School of Business & Economics and University of Salamanca - Administration and Business Economics
Downloads 16 (1,031,570)

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74.

Board-level Employee Representation (BLER) and Firms' Responses to Crisis

Forthcoming in "Industrial Relations: A Journal of Economy and Society" ( https://doi.org/10.1111/irel.12241)
Number of pages: 61 Posted: 05 Aug 2017 Last Revised: 13 Aug 2024
Aleksandra Gregoric and Marc Steffen Rapp
Copenhagen Business School and University of Marburg - School of Business & Economics
Downloads 7 (1,130,505)

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Industrial relations, board of directors, employee directors, employment, labor costs, Great Recession

Other Papers (2)

Total Downloads: 74
1.

Zukunftsfinanzierungsgesetz und Börsenneunotierungen: Was lässt die Wiedereinführung von Mehrstimmrechtsaktien erwarten?

Erschienen in Corporate Finance, Heft 01-02, Seite 17-23, CF1455663
Number of pages: 15 Posted: 10 Jan 2024 Last Revised: 13 Aug 2024
Bruno Fiesenig, Marc Steffen Rapp and Dirk Schiereck
Technical University of Darmstadt, University of Marburg - School of Business & Economics and Technical University of Darmstadt
Downloads 74

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Corporate Governance, Multiple Share Classes, One-share-one-vote Principle, Ownership

2.

Asset Pricing with Taxes: A Security Market Model Considering Demand Aggregation

Posted: 23 Jul 2004
Marc Steffen Rapp
University of Marburg - School of Business & Economics

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Asset pricing, taxation, valuation, equilibrium