Christian Andres

WHU - Otto Beisheim School of Management

Chair of Empirical Corporate Finance

Burgplatz 2

Vallendar, 56179

Germany

SCHOLARLY PAPERS

18

DOWNLOADS
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8,413

SSRN CITATIONS
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SSRN RANKINGS

Top 16,467

in Total Papers Citations

17

CROSSREF CITATIONS

49

Scholarly Papers (18)

1.

Economic Consequences of Private Equity Investments on the German Stock Market

Number of pages: 41 Posted: 23 Jan 2008 Last Revised: 30 Jan 2009
Technische Universität München - Center for Entrepreneurial and Financial Studies, WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics and Robert Gordon University - Aberdeen Business School
Downloads 2,267 (7,544)
Citation 8

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Private Equity, Corporate Governance, Agency Theory, Event Study

2.

Measuring Abnormal Credit Default Swap Spreads

Number of pages: 53 Posted: 29 Dec 2012 Last Revised: 05 Jan 2017
Christian Andres, André Betzer and Markus Doumet
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics and BUW- Schumpeter School of Business and Economics
Downloads 834 (34,761)
Citation 8

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CDS spread, event study, Brown-Warner simulation

3.

The Dividend Policy of German Firms

CentER Discussion Paper Series No. 2008-67, TILEC Discussion Paper No. 2008-27, ECGI - Finance Working Paper No. 216/2008
Number of pages: 38 Posted: 02 Sep 2008 Last Revised: 01 Oct 2008
Christian Andres, André Betzer, Marc Goergen and Luc Renneboog
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics, IE Business School, IE University and Tilburg University - Department of Finance
Downloads 787 (37,638)

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Dividend policy, payout policy, target payout ratio, Lintner dividend model, dividend smoothing, partial adjustment model, corporate governance

4.

Family Ownership as the Optimal Organizational Structure?

EFA 2006 Zurich Meetings, Forthcoming
Number of pages: 36 Posted: 22 May 2006
Christian Andres
WHU - Otto Beisheim School of Management
Downloads 727 (41,958)
Citation 3

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Family Firms, Ownership Structure, Blockholders, Agency Theory

5.

Family Ownership, Financing Constraints and Investment Decisions

Number of pages: 43 Posted: 07 Mar 2008 Last Revised: 10 Jan 2010
Christian Andres
WHU - Otto Beisheim School of Management
Downloads 626 (51,180)
Citation 11

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Family Firms, Ownership Structure, Investment Policy, Corporate Governance

6.

The Interplay of IPO and M&A Markets: The Many Ways One Affects the Other

Forthcoming in Oxford Handbook of IPOs edited by Douglas Cumming and Sofia Johan
Number of pages: 32 Posted: 07 Jan 2017
Nihat Aktas, Christian Andres and Ali Ozdakak
WHU - Otto Beisheim School of Management, WHU - Otto Beisheim School of Management and WHU - Otto Beisheim School of Management
Downloads 593 (54,913)

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IPO, M&A, exit strategies, underpricing, competition

Dividend Announcements Reconsidered: Dividend Changes versus Dividend Surprises

Number of pages: 36 Posted: 23 Feb 2011
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics, University of Mannheim - Finance Area, WHU - Otto Beisheim School of Management and University of Mannheim - Finance Area
Downloads 306 (118,925)
Citation 1

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Dividend Announcements, Market Efficiency, Ownership Structure, Agency Theory

Dividend Announcements Reconsidered: Dividend Changes Versus Dividend Surprises

29th International Conference of the French Finance Association (AFFI) 2012
Number of pages: 37 Posted: 05 Nov 2012
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics, University of Mannheim - Finance Area, WHU - Otto Beisheim School of Management and University of Mannheim - Finance Area
Downloads 188 (192,742)

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Dividend Announcements, Market Efficiency, Ownership Structure, Agency Theory

Do Markets Anticipate Capital Structure Decisions? Feedback Effects in Equity Liquidity

Journal of Corporate Finance, Forthcoming
Number of pages: 54 Posted: 18 Apr 2013
WHU - Otto Beisheim School of Management, Florida Atlantic University, WHU - Otto Beisheim School of Management and Concordia University
Downloads 255 (143,997)
Citation 2

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Capital Structure, Liquidity, Information Asymmetry, Signalling

Do Markets Anticipate Capital Structure Decisions? Feedback Effects in Equity Liquidity

Journal of Corporate Finance, Forthcoming
Number of pages: 51 Posted: 27 Jun 2011 Last Revised: 24 Nov 2014
WHU - Otto Beisheim School of Management, Florida Atlantic University, WHU - Otto Beisheim School of Management and Concordia University
Downloads 115 (287,870)

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Capital Structure, Leverage, Liquidity, Information Asymmetry, Signalling

9.
Downloads 367 ( 97,886)
Citation 12

Is Busy Really Busy? Board Governance Revisited

Forthcoming Journal of Business Finance & Accounting
Number of pages: 42 Posted: 14 Mar 2010 Last Revised: 05 Jan 2017
Christian Andres, Inga van den Bongard and Mirco Lehmann
WHU - Otto Beisheim School of Management, University of Mannheim - Finance Area and University of Bonn
Downloads 367 (97,136)
Citation 4

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Director Network, Busy Board, Agency Theory, Executive Compensation

Is Busy Really Busy? Board Governance Revisited

Journal of Business Finance & Accounting, Vol. 40, Issue 9-10, pp. 1221-1246, 2013
Number of pages: 26 Posted: 18 Dec 2013
Christian Andres, Inga van den Bongard and Mirco Lehmann
WHU - Otto Beisheim School of Management, University of Bonn - Institute of Business Administration I and University of Bonn
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Citation 1
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director network, busy board, agency theory, executive compensation

10.

Underwriter Reputation and the Quality of Certification: Evidence from High-Yield Bonds

Forthcoming, Journal of Banking and Finance
Number of pages: 54 Posted: 20 Mar 2012 Last Revised: 02 Dec 2013
Christian Andres, André Betzer and Peter Limbach
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics and University of Cologne and Centre for Financial Research (CFR)
Downloads 312 (117,180)
Citation 2

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borrowing costs, certification, downgrade and default risk, reputation, underwriting standards

11.

Dividend Policy, Corporate Control and the Tax Status of the Controlling Shareholder

Forthcoming, Economia e Politica Industriale
Number of pages: 54 Posted: 03 Jan 2012 Last Revised: 15 Oct 2018
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics, University of Mannheim - Finance Area and IE Business School, IE University
Downloads 310 (117,944)

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Dividend policy, payout policy, Lintner dividend model, tax clientele effects, corporate governance

Open Market Share Repurchases in Germany: A Conditional Event Study Approach

Forthcoming Abacus, A Journal of Accounting, Finance and Business Studies
Number of pages: 35 Posted: 18 Jul 2014 Last Revised: 08 Apr 2016
Christian Andres, André Betzer, Markus Doumet and Erik Theissen
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics, BUW- Schumpeter School of Business and Economics and University of Mannheim - Finance Area
Downloads 281 (130,219)

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Repurchases, Event Study, Selection Bias

Open Market Share Repurchases in Germany: A Conditional Event Study Approach

Abacus, Vol. 54, Issue 4, pp. 417-444, 2018
Number of pages: 28 Posted: 26 Dec 2018
Christian Andres, André Betzer, Markus Doumet and Erik Theissen
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics, BUW- Schumpeter School of Business and Economics and University of Mannheim - Finance Area
Downloads 1 (799,116)
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Event study, Repurchases, Selection bias

13.

Do What You Did Four Quarters Ago: Trends and Implications of Quarterly Dividends

Journal of Corporate Finance, Forthcoming
Number of pages: 61 Posted: 15 Sep 2013 Last Revised: 06 Jan 2017
Christian Andres and Ulrich Hofbaur
WHU - Otto Beisheim School of Management and WHU - Otto Beisheim School of Management
Downloads 160 (221,534)
Citation 2

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quarterly dividends, serial dividend changes, information content of dividends, market expectations, speed of adjustment

14.

The M&A Rumor Productivity Dip

Number of pages: 55 Posted: 19 Jan 2021
WHU - Otto Beisheim School of Management, BUW - Schumpeter School of Business and Economics, Florida Atlantic University and University of Cologne and Centre for Financial Research (CFR)
Downloads 135 (254,473)

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Employee rights, Firm productivity, Human capital, M&A rumors, Shareholder value, Threat of job loss

15.

Takeover Protection and Firm Value

Number of pages: 66 Posted: 16 Feb 2018 Last Revised: 26 Mar 2018
Christian Andres, Martin Jacob and Lennart Ulrich
WHU - Otto Beisheim School of Management, WHU - Otto Beisheim School of Management and WHU - Otto Beisheim School of Management
Downloads 109 (297,457)

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Firm value, Anti-takeover regulation, Productivity, Misallocation

16.

In for a Bumpy Ride? Cash Flow Risk and Dividend Payouts

Number of pages: 50 Posted: 10 Oct 2019
Christian Andres and Ulrich Hofbaur
WHU - Otto Beisheim School of Management and WHU - Otto Beisheim School of Management
Downloads 40 (501,741)

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cash flow risk, dividend changes, payout policy

17.

The Information Content of Dividend Surprises: Evidence from Germany

Journal of Business Finance & Accounting, Vol. 40, Issue 5-6, pp. 620-645, 2013
Number of pages: 26 Posted: 27 Jul 2013
University of Wuppertal - Schumpeter School of Business and Economics, WHU - Otto Beisheim School of Management, University of Mannheim - Finance Area, WHU - Otto Beisheim School of Management and University of Mannheim - Finance Area
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 dividend announcements, market efficiency, ownership structure, agency theory

18.

Shareholder Wealth Gains Through Better Corporate Governance - The Case of European LBO-Transactions

Financial Markets and Portfolio Management, Vol. 21, No. 4, pp. 403-424, 2007
Posted: 28 Mar 2007
Christian Andres, André Betzer and Charlie Weir
WHU - Otto Beisheim School of Management, University of Wuppertal - Schumpeter School of Business and Economics and Robert Gordon University - Aberdeen Business School

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LBOs, Corporate Governance, Agency Theory, Event Study