Author Page for Zacharias Sautner

Behind the Scenes: The Corporate Governance Preferences of Institutional Investors

Journal of Finance 71, 2016, 2905-2932

Number of pages: 46 Posted: 15 Mar 2010 Last Revised: 03 Feb 2020

Joseph A. McCahery, Zacharias Sautner and Laura T. Starks

Tilburg University - School of Law; European Banking Center (EBC), Frankfurt School of Finance & Management and University of Texas at Austin - Department of Finance

Downloads 6,751 (1,455)

Citation 155

Abstract:

2.

ESG Shareholder Engagement and Downside Risk

AFA 2018 paper, European Corporate Governance Institute – Finance Working Paper No. 671/2020

Number of pages: 56 Posted: 25 Nov 2016 Last Revised: 11 Jan 2022

Andreas G. F. Hoepner, Ioannis Oikonomou, Zacharias Sautner, Laura T. Starks and Xiaoyan Zhou

Smurfit Graduate Business School, University College Dublin, University of Reading - ICMA Centre, Frankfurt School of Finance & Management, University of Texas at Austin - Department of Finance and University of Oxford-Smith School of Enterprise and the Environment

Downloads 6,293 (1,632)

Citation 37

Abstract:

3.

The Effects of Mandatory ESG Disclosure Around the World

European Corporate Governance Institute – Finance Working Paper No. 754/2021, Swiss Finance Institute Research Paper No. 21-44

Number of pages: 75 Posted: 26 Apr 2021 Last Revised: 13 Dec 2021

Philipp Krueger, Zacharias Sautner, Dragon Yongjun Tang and Rui Zhong

University of Geneva - Geneva Finance Research Institute (GFRI), Frankfurt School of Finance & Management, The University of Hong Kong - Faculty of Business and Economics and The University of Western Australia - UWA Business School

Downloads 4,487 (2,949)

Citation 6

Abstract:

4.

The Importance of Climate Risks for Institutional Investors

Swiss Finance Institute Research Paper No. 18-58, European Corporate Governance Institute - Finance Working Paper No. 610/2019

Number of pages: 83 Posted: 27 Aug 2018 Last Revised: 11 Mar 2020

Philipp Krueger, Zacharias Sautner and Laura T. Starks

University of Geneva - Geneva Finance Research Institute (GFRI), Frankfurt School of Finance & Management and University of Texas at Austin - Department of Finance

Downloads 4,167 (3,325)

Citation 111

Abstract:

5.

Is History Repeating Itself? The (Un)Predictable Past of ESG Ratings

European Corporate Governance Institute – Finance Working Paper 708/2020

Number of pages: 59 Posted: 05 Nov 2020 Last Revised: 01 Sep 2021

Florian Berg, Kornelia Fabisik and Zacharias Sautner

Massachusetts Institute of Technology (MIT) - Sloan School of Management, Frankfurt School of Finance & Management and Frankfurt School of Finance & Management

Downloads 3,967 (3,618)

Citation 19

Abstract:

6.

Climate Risk Disclosure and Institutional Investors

Swiss Finance Institute Research Paper No. 19-66, European Corporate Governance Institute – Finance Working Paper No. 661/2020

Number of pages: 77 Posted: 19 Aug 2019 Last Revised: 12 Oct 2021

Emirhan Ilhan, Philipp Krueger, Zacharias Sautner and Laura T. Starks

Frankfurt School of Finance & Management, University of Geneva - Geneva Finance Research Institute (GFRI), Frankfurt School of Finance & Management and University of Texas at Austin - Department of Finance

Downloads 2,874 (6,223)

Citation 16

Abstract:

7.

Did SOX Section 404 Make Firms Less Opaque? Evidence from Cross-Listed Firms

Contemporary Accounting Research, 30, 2013, 1133–1165

Number of pages: 40 Posted: 02 Mar 2010 Last Revised: 30 Jan 2015

Stefan Arping and Zacharias Sautner

University of Amsterdam Business School and Frankfurt School of Finance & Management

Downloads 2,450 (8,016)

Citation 11

Abstract:

8.

Institutional Investors and Corporate Governance

Foundations and Trends in Finance, forthcoming, European Corporate Governance Institute – Finance Working Paper 700/2020

Number of pages: 112 Posted: 03 Sep 2020 Last Revised: 13 Jul 2021

Amil Dasgupta, Vyacheslav Fos and Zacharias Sautner

London School of Economics (LSE), Boston College - Department of Finance and Frankfurt School of Finance & Management

Downloads 1,640 (15,271)

Citation 5

Abstract:

9.

Opening the Black Box: Internal Capital Markets and Managerial Power

Journal of Finance 68, 2013, 1577-1631 , EFA 2007 Ljubljana Meetings Paper, AFA 2009 San Francisco Meetings Paper

Number of pages: 112 Posted: 25 Mar 2008 Last Revised: 30 Jan 2015

Markus Glaser, Florencio Lopez de Silanes and Zacharias Sautner

Ludwig Maximilian University of Munich (LMU) - Faculty of Business Administration (Munich School of Management), SKEMA Business School and Frankfurt School of Finance & Management

Downloads 1,563 (16,426)

Citation 23

Abstract:

10.

Short-Term Investors, Long-Term Investments, and Firm Value: Evidence from Russell 2000 Index Inclusions

Number of pages: 39 Posted: 23 Jan 2016 Last Revised: 16 May 2019

Martijn Cremers, Ankur Pareek and Zacharias Sautner

University of Notre Dame, University of Nevada, Las Vegas - College of Business and Frankfurt School of Finance & Management

Downloads 1,510 (17,338)

Citation 20

Abstract:

11.

Short-Term Institutions, Analyst Recommendations, and Mispricing: The Role of Higher-Order Beliefs

Downloads 1,450 ( 18,394)

2

Short-Term Institutions, Analyst Recommendations, and Mispricing: The Role of Higher-Order Beliefs

Number of pages: 62 Posted: 19 Dec 2012 Last Revised: 16 Jan 2021

Martijn Cremers, Ankur Pareek and Zacharias Sautner

University of Notre Dame, University of Nevada, Las Vegas - College of Business and Frankfurt School of Finance & Management

Downloads 1,450 (18,055)

Citation 9

Abstract:

Short-Term Institutions, Analyst Recommendations, and Mispricing: The Role of Higher Order Beliefs

Journal of Accounting Research, Volume 59, Issue 3 (2021)

Posted: 28 Jun 2021

Martijn Cremers, Ankur Pareek and Zacharias Sautner

University of Notre Dame, University of Nevada, Las Vegas - College of Business and Frankfurt School of Finance & Management

Abstract:

12.

Corporate Governance and Internal Capital Markets

Harvard Business School Finance Working Paper No. 1530565, AFA 2011 Denver Meetings Paper

Number of pages: 47 Posted: 03 Jan 2010 Last Revised: 07 Jun 2010

Zacharias Sautner and Belen Villalonga

Frankfurt School of Finance & Management and New York University (NYU) - Leonard N. Stern School of Business

Downloads 1,093 (27,987)

Citation 7

Abstract:

13.

Out-of-Court Restructuring versus Formal Bankruptcy in a Non-Interventionist Bankruptcy Setting

Review of Finance 14, 2010, 623-668

Number of pages: 58 Posted: 25 Mar 2008 Last Revised: 03 Aug 2012

Philipp Jostarndt and Zacharias Sautner

Ludwig Maximilian University of Munich (LMU) - Faculty of Business Administration (Munich School of Management) and Frankfurt School of Finance & Management

Downloads 1,023 (30,738)

Citation 5

Abstract:

14.

Cross-Border Mergers and Acquisitions: The Role of Private Equity Firms

Strategic Management Journal, Forthcoming, 25th Australasian Finance and Banking Conference 2012, 2013 Financial Markets & Corporate Governance Conference, UNSW Australian School of Business Research Paper No. 2012 BFIN 10

Number of pages: 40 Posted: 25 Feb 2012 Last Revised: 19 Sep 2016

Mark Humphery-Jenner, Mark Humphery-Jenner, Zacharias Sautner, Jo-Ann Suchard and Jo-Ann Suchard

University of New South Wales (UNSW)UNSW Business School, Frankfurt School of Finance & Management and UNSW Business SchoolFinancial Research Network (FIRN)

Downloads 1,021 (30,825)

Citation 3

Abstract:

15.

Corporate Governance and the Design of Stock Option Contracts

AFA 2007 Chicago Meetings Paper, EFA 2006 Zurich Meetings, Die Betriebswirtschaft, 71, 331-354.

Number of pages: 50 Posted: 24 Oct 2005 Last Revised: 15 Apr 2015

Zacharias Sautner and Martin Weber

Frankfurt School of Finance & Management and University of Mannheim - Department of Banking and Finance

Downloads 1,007 (31,455)

Citation 6

Abstract:

16.

Managerial Short-Termism and Investment: Evidence from Accelerated Option Vesting

Number of pages: 63 Posted: 29 Jun 2013 Last Revised: 25 Jun 2019

Tomislav Ladika and Zacharias Sautner

University of Amsterdam and Frankfurt School of Finance & Management

Downloads 1,005 (31,533)

Citation 21

Abstract:

17.

Internal Capital Markets and Corporate Politics in a Banking Group

Review of Financial Studies, 24, 2011, 358-401 , European Banking Center Discussion Paper No. 2009-15S, Yale ICF Working Paper No. 08-19, AFA 2010 Atlanta Meetings Paper, CentER Discussion Paper Series No. 2009-47S

Number of pages: 54 Posted: 31 Jul 2008 Last Revised: 02 Aug 2012

Martijn Cremers, Rocco Huang and Zacharias Sautner

University of Notre Dame, Michigan State University - Department of Finance and Frankfurt School of Finance & Management

Downloads 634 (58,771)

Citation 13

Abstract:

18.

The Retention Effects of Unvested Equity: Evidence from Accelerated Option Vesting

The Review of Financial Studies (Forthcoming)

Number of pages: 71 Posted: 22 May 2015 Last Revised: 09 Feb 2018

Torsten Jochem, Tomislav Ladika and Zacharias Sautner

University of Amsterdam, University of Amsterdam and Frankfurt School of Finance & Management

Downloads 533 (73,236)

Citation 5

Abstract:

19.

What Determines How Top Managers Value Their Stock Options?

Number of pages: 34 Posted: 04 Jul 2008 Last Revised: 12 Sep 2010

Zacharias Sautner, Martin Weber and Markus Glaser

Frankfurt School of Finance & Management, University of Mannheim - Department of Banking and Finance and Ludwig Maximilian University of Munich (LMU) - Faculty of Business Administration (Munich School of Management)

Downloads 497 (79,770)

Citation 4

Abstract:

20.

Financial Distress, Corporate Control, and Management Turnover

Number of pages: 44 Posted: 07 Nov 2007

Philipp Jostarndt and Zacharias Sautner

Ludwig Maximilian University of Munich (LMU) - Faculty of Business Administration (Munich School of Management) and Frankfurt School of Finance & Management

Downloads 488 (81,550)

Citation 1

Abstract:

21.

Corporate Governance and Leverage: Evidence from a Natural Experiment

Tinbergen Institute Discussion Paper 10-019/2, Finance Research Letters, Vol. 7, No. 2, 2010

Number of pages: 20 Posted: 07 Feb 2010 Last Revised: 30 Jan 2015

Stefan Arping and Zacharias Sautner

University of Amsterdam Business School and Frankfurt School of Finance & Management

Downloads 451 (89,564)

Citation 3

Abstract:

22.

Lawyer Expertise and Contract Design – Evidence from M&A Negotiations

Number of pages: 54 Posted: 13 Mar 2015 Last Revised: 29 Jul 2021

Christel Karsten, Ulrike Malmendier and Zacharias Sautner

Strategy&, University of California, Berkeley - Department of Economics and Frankfurt School of Finance & Management

Downloads 448 (90,234)

Citation 7

Abstract:

23.

How Do Managers Behave in Stock Option Plans? Clinical Evidence from Exercise and Survey Data

Journal of Financial Research, 32, 2009, 123-155

Number of pages: 40 Posted: 13 Mar 2006 Last Revised: 04 Feb 2014

Martin Weber and Zacharias Sautner

University of Mannheim - Department of Banking and Finance and Frankfurt School of Finance & Management

Downloads 424 (96,232)

Citation 2

Abstract:

24.

Indirect Costs of Financial Distress and Bankruptcy Law: Evidence from Trade Credit and Sales

Review of Finance, Forthcoming , AFA 2014 Philadelphia Meetings Paper, EFA 2009 Bergen Meetings Paper

Number of pages: 53 Posted: 06 Mar 2008 Last Revised: 18 Aug 2018

Zacharias Sautner and Vladimir Vladimirov

Frankfurt School of Finance & Management and University of Amsterdam Business School

Downloads 415 (98,638)

Citation 9

Abstract:

25.

ESG and Downside Risks: Implications for Pension Funds

Wharton Pension Research Council Working Paper No. 2021-10

Number of pages: 31 Posted: 07 Jul 2021

Zacharias Sautner and Laura T. Starks

Frankfurt School of Finance & Management and University of Texas at Austin - Department of Finance

Downloads 383 (108,221)

Abstract:

26.

Limited Attention to Detail in Financial Markets

University of Miami Business School Research Paper No. 2790960

Number of pages: 83 Posted: 09 Jun 2016 Last Revised: 18 Apr 2022

Henrik Cronqvist, Tomislav Ladika and Zacharias Sautner

University of Miami - Department of Finance, University of Amsterdam and Frankfurt School of Finance & Management

Downloads 320 (131,661)

Citation 2

Abstract:

27.

Institutional Investor Preferences and Executive Compensation

Research Handbook on Executive Pay, edited by J. Hill and R. Thomas, Edward Elgar Publishing Ltd, European Banking Center Discussion Paper No. 2012-002, CentER Working Paper Series No. 2012-004

Number of pages: 23 Posted: 13 Sep 2011 Last Revised: 02 Aug 2012

Joseph A. McCahery and Zacharias Sautner

Tilburg University - School of Law; European Banking Center (EBC) and Frankfurt School of Finance & Management

Downloads 316 (133,322)

Citation 3

Abstract:

28.

Stock Option Repricing in Europe

Number of pages: 43 Posted: 17 Jan 2008

Michael Sauer and Zacharias Sautner

affiliation not provided to SSRN and Frankfurt School of Finance & Management

Downloads 195 (213,987)

Citation 4

Abstract:

29.

Contracting between Firms: Empirical Evidence

Review of Economics and Statistics, Forthcoming

Number of pages: 50 Posted: 21 Jun 2016 Last Revised: 29 Jul 2016

Rajkamal Iyer and Zacharias Sautner

Massachusetts Institute of Technology (MIT) - Sloan School of Management and Frankfurt School of Finance & Management

Downloads 118 (320,435)

Abstract:

30.

The EU Taxonomy and the Syndicated Loan Market

Number of pages: 48 Posted: 04 Apr 2022

Zacharias Sautner, Jing Yu, Rui Zhong and Xiaoyan Zhou

Frankfurt School of Finance & Management, The University of Sydney, The University of Western Australia - UWA Business School and University of Oxford, Smith School of Enterprise and the Environment

Downloads 115 (328,329)

Abstract:

31.

Pricing Climate Change Exposure

TRR 266 Accounting for Transparency Working Paper Series No. 49, Management Science, forthcoming

Posted: 25 Feb 2021

Zacharias Sautner, Laurence van Lent, Grigory Vilkov and Ruishen Zhang

Frankfurt School of Finance & Management, Frankfurt School of Finance and Management, Frankfurt School of Finance & Management and Shanghai University of Finance and Economics

Downloads 1,173

Abstract:

32.

Lawyer Expertise and Contract Design Â?? Evidence from M&A Negotiations

CEPR Discussion Paper No. DP14936

Number of pages: 70 Posted: 29 Jun 2020 Last Revised: 16 Aug 2020

Christel Karsten, Ulrike Malmendier and Zacharias Sautner

Strategy&, University of California, Berkeley - Department of Economics and Frankfurt School of Finance & Management

Downloads 1 (874,044)

Add to Cart

Abstract:

33.

Carbon Tail Risk

The Review of Financial Studies, 2021, 34(3), 777-799

Posted: 19 Jul 2018

Emirhan Ilhan, Zacharias Sautner and Grigory Vilkov

Frankfurt School of Finance & Management, Frankfurt School of Finance & Management and Frankfurt School of Finance & Management

Downloads 2,749

Abstract:

34.

Firm-level Climate Change Exposure

European Corporate Governance Institute – Finance Working Paper No. 686/2020
TRR 266 Accounting for Transparency Working Paper Series No.
, Journal of Finance, forthcoming

Posted: 13 Jul 2020

Zacharias Sautner, Laurence van Lent, Grigory Vilkov and Ruishen Zhang

Frankfurt School of Finance & Management, Frankfurt School of Finance and Management, Frankfurt School of Finance & Management and Shanghai University of Finance and Economics

Downloads 4,063

Zacharias Sautner

Frankfurt School of Finance & Management

Professor of Finance

European Corporate Governance Institute (ECGI)

34

Top 504

55,624

Top 2,489

355

170

Scholarly Papers (34)

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Lawyer Expertise and Contract Design Â?? Evidence from M&A Negotiations

Abstract:

Abstract:

Abstract: