Oliver G. Spalt

University of Mannheim - Business School

L5, 5

Mannheim, 68131

Germany

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

  • University of Mannheim - Business School

  • European Corporate Governance Institute (ECGI)

SCHOLARLY PAPERS

20

DOWNLOADS
Rank 2,872

SSRN RANKINGS

Top 2,872

in Total Papers Downloads

24,603

TOTAL CITATIONS
Rank 3,047

SSRN RANKINGS

Top 3,047

in Total Papers Citations

366

Scholarly Papers (20)

Actions:
Email selected abstracts
1.

Distracted Shareholders and Corporate Actions

Review of Financial Studies, Forthcoming
Number of pages: 53 Posted: 19 Nov 2013 Last Revised: 24 Jun 2022
Elisabeth Kempf, Alberto Manconi and Oliver G. Spalt
Harvard University - Business School (HBS), Bocconi University - Department of Finance and University of Mannheim - Business School
Downloads 2,685 (10,795)
Citation 116

Abstract:

Loading...

Behavioral Corporate Finance, Investor Attention, Institutional Investors

2.

Learning by Doing: The Value of Experience and the Origins of Skill for Mutual Fund Managers

Number of pages: 39 Posted: 06 Aug 2012 Last Revised: 31 Mar 2017
Elisabeth Kempf, Alberto Manconi and Oliver G. Spalt
Harvard University - Business School (HBS), Bocconi University - Department of Finance and University of Mannheim - Business School
Downloads 2,411 (12,808)
Citation 1

Abstract:

Loading...

Learning, Learning-by-Doing, Mutual Funds, Stock-Picking

3.

Acquisitions as Lotteries? The Selection of Target-Firm Risk and its Impact on Merger Outcomes

Downloads 2,353 (13,312)
Citation 19

Acquisitions as Lotteries? The Selection of Target-Firm Risk and its Impact on Merger Outcomes

Critical Finance Review, Vol. 6, Issue 1, pp. 77-132, 2017
Number of pages: 62 Posted: 01 Apr 2010 Last Revised: 20 Jul 2017
Christoph Schneider and Oliver G. Spalt
University of Münster - Finance Center Münster and University of Mannheim - Business School
Downloads 2,002 (16,917)
Citation 10

Abstract:

Loading...

Behavioral Corporate Finance, Mergers and Acquisitions, Gambling

Acquisitions as Lotteries: Do Managerial Gambling Attitudes Influence Takeover Decisions?

Paris December 2011 Finance Meeting EUROFIDAI - AFFI
Number of pages: 66 Posted: 12 Oct 2011
Christoph Schneider and Oliver G. Spalt
University of Münster - Finance Center Münster and University of Mannheim - Business School
Downloads 351 (178,604)
Citation 9

Abstract:

Loading...

Mergers and Acquisitions, Gambling, Managerial Biases

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 2,249 (14,315)
Citation 13

Abstract:

Loading...

Stock Options, Executive Compensation, Loss Aversion

5.

Religious Beliefs, Gambling Attitudes, and Financial Market Outcomes

EFA 2009 Bergen Meetings Paper, Journal of Financial Economics (JFE), Forthcoming
Number of pages: 82 Posted: 31 Jan 2009 Last Revised: 04 Apr 2011
Alok Kumar, Jeremy K. Page and Oliver G. Spalt
University of Miami - Miami Herbert Business School, Brigham Young University and University of Mannheim - Business School
Downloads 2,175 (15,113)
Citation 22

Abstract:

Loading...

6.

Bidder and Target Size Effects in M&A Are Not Driven by Overconfidence or Agency Problems

Critical Finance Review, forthcoming
Number of pages: 57 Posted: 20 Oct 2015 Last Revised: 17 Jun 2022
Christoph Schneider and Oliver G. Spalt
University of Münster - Finance Center Münster and University of Mannheim - Business School
Downloads 1,900 (18,780)
Citation 4

Abstract:

Loading...

Mergers and Acquisitions, Size Effects, Scaling, Proxy Variables

7.

What is in a Name? Mutual Fund Flows When Managers Have Foreign-Sounding Names

Review of Financial Studies, Forthcoming
Number of pages: 56 Posted: 02 Nov 2011 Last Revised: 10 Jan 2015
Alok Kumar, Alexandra Niessen-Ruenzi and Oliver G. Spalt
University of Miami - Miami Herbert Business School, University of Mannheim - Finance Area and University of Mannheim - Business School
Downloads 1,715 (21,995)
Citation 51

Abstract:

Loading...

8.

Cumulative Prospect Theory, Option Returns, and the Variance Premium

Downloads 1,222 (36,391)
Citation 68

Cumulative Prospect Theory, Option Returns, and the Variance Premium

Number of pages: 82 Posted: 21 Mar 2014 Last Revised: 17 Jun 2018
Lieven Baele, Joost Driessen, Sebastian Ebert, Juan M. Londono and Oliver G. Spalt
Tilburg University - Department of Finance, Tilburg University - Tilburg University School of Economics and Management, Heidelberg University, Board of Governors of the Federal Reserve System and University of Mannheim - Business School
Downloads 892 (56,001)
Citation 60

Abstract:

Loading...

Cumulative prospect theory, variance risk premium, probability weighting

Cumulative Prospect Theory and the Variance Premium

Netspar Discussion Paper No. 12/2014-067
Number of pages: 45 Posted: 14 Feb 2015
Lieven Baele, Joost Driessen, Juan M. Londono and Oliver G. Spalt
Tilburg University - Department of Finance, Tilburg University - Tilburg University School of Economics and Management, Board of Governors of the Federal Reserve System and University of Mannheim - Business School
Downloads 202 (314,336)
Citation 4

Abstract:

Loading...

Cumulative prospect theory, distorted probabilities, loss aversion, variance risk premium

Cumulative Prospect Theory and the Variance Premium

Number of pages: 45 Posted: 02 Nov 2014 Last Revised: 12 Dec 2014
Lieven Baele, Joost Driessen, Juan M. Londono and Oliver G. Spalt
Tilburg University - Department of Finance, Tilburg University - Tilburg University School of Economics and Management, Board of Governors of the Federal Reserve System and University of Mannheim - Business School
Downloads 128 (467,041)
Citation 4

Abstract:

Loading...

Cumulative prospect theory, distorted probabilities, loss aversion, variance risk premium.

9.

Probability Weighting and Employee Stock Options

AFA 2009 San Francisco Meetings Paper, Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 46 Posted: 09 Mar 2008 Last Revised: 03 Apr 2012
Oliver G. Spalt
University of Mannheim - Business School
Downloads 1,144 (40,070)
Citation 15

Abstract:

Loading...

Behavioral Corporate Finance, Cumulative prospect theory, Employee stock options

10.

Diversity Investing

Number of pages: 55 Posted: 22 Dec 2015 Last Revised: 26 Apr 2018
Alberto Manconi, Antonino Emanuele Rizzo and Oliver G. Spalt
Bocconi University - Department of Finance, Nova School of Business and Economics and University of Mannheim - Business School
Downloads 1,140 (40,277)
Citation 3

Abstract:

Loading...

Behavioral Finance, Top Management Teams, Anomalies, Diversity

11.

Attracting the Sharks: Corporate Innovation and Securities Class Action Lawsuits

Downloads 1,041 (45,903)
Citation 16

Attracting the Sharks: Corporate Innovation and Securities Class Action Lawsuits

European Corporate Governance Institute - Finance Working Paper No. 614/2019
Number of pages: 65 Posted: 22 Mar 2018 Last Revised: 24 Jun 2022
Elisabeth Kempf and Oliver G. Spalt
Harvard University - Business School (HBS) and University of Mannheim - Business School
Downloads 1,039 (45,300)
Citation 1

Abstract:

Loading...

Corporate Governance; Law and Economics; Innovation; Patents; Shareholder Litigation; Class Action Lawsuit

Attracting the Sharks: Corporate Innovation and Securities Class Action Lawsuits

CEPR Discussion Paper No. DP14358
Number of pages: 62 Posted: 11 Feb 2020 Last Revised: 09 Nov 2021
Elisabeth Kempf and Oliver G. Spalt
Harvard University - Business School (HBS) and University of Mannheim - Business School
Downloads 2 (1,354,480)
Citation 15
  • Add to Cart

Abstract:

Loading...

Class Action Lawsuit, corporate governance, Innovation, law and economics, patents, Shareholder Litigation

12.

Conglomerate Investment, Skewness, and the CEO Long Shot Bias

Journal of Finance, Vol. 71, Issue 2, pp. 635-672, 2016
Number of pages: 59 Posted: 02 Sep 2011 Last Revised: 20 Jul 2017
Christoph Schneider and Oliver G. Spalt
University of Münster - Finance Center Münster and University of Mannheim - Business School
Downloads 945 (52,539)
Citation 9

Abstract:

Loading...

Behavioral Corporate Finance, Skewness, Investment

13.

Gambling and Comovement

Number of pages: 49 Posted: 18 Dec 2010 Last Revised: 19 Oct 2013
Alok Kumar, Jeremy K. Page and Oliver G. Spalt
University of Miami - Miami Herbert Business School, Brigham Young University and University of Mannheim - Business School
Downloads 786 (67,510)
Citation 3

Abstract:

Loading...

14.

Investor Sentiment and Return Comovements: Evidence from Stock Splits and Headquarters Changes

Review of Finance, Forthcoming
Number of pages: 47 Posted: 12 Dec 2010 Last Revised: 20 Apr 2012
Alok Kumar, Jeremy K. Page and Oliver G. Spalt
University of Miami - Miami Herbert Business School, Brigham Young University and University of Mannheim - Business School
Downloads 689 (80,039)
Citation 6

Abstract:

Loading...

15.

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 552 (106,119)
Citation 9

Abstract:

Loading...

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

16.

Investor Clienteles and Habitat-Based Return Comovements

AFA 2011 Denver Meetings Paper
Number of pages: 66 Posted: 27 Aug 2009 Last Revised: 15 Apr 2010
Alok Kumar, Jeremy K. Page and Oliver G. Spalt
University of Miami - Miami Herbert Business School, Brigham Young University and University of Mannheim - Business School
Downloads 505 (118,386)
Citation 8

Abstract:

Loading...

17.

Is the Stock Market Biased Against Diverse Top Management Teams?

European Corporate Governance Institute – Finance Working Paper No. 616/2019
Number of pages: 71 Posted: 12 Feb 2019 Last Revised: 06 May 2020
Alberto Manconi, Antonino Emanuele Rizzo and Oliver G. Spalt
Bocconi University - Department of Finance, Nova School of Business and Economics and University of Mannheim - Business School
Downloads 439 (140,073)

Abstract:

Loading...

Biased Expectations, Top Management Teams, Diversity

18.

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 355 (178,065)
Citation 3

Abstract:

Loading...

Stock Options, Executive Compensation, Loss Aversion

19.

Corporate Actions as Moral Issues

Number of pages: 84 Posted: 08 Jan 2025
Zwetelina Iliewa, Elisabeth Kempf and Oliver G. Spalt
University of Bonn - Department of Economics, Harvard University - Business School (HBS) and University of Mannheim - Business School
Downloads 196 (324,413)

Abstract:

Loading...

20.

Inelastic U.S. Equity Markets: New Evidence From A Reform of Fiduciary Duties

Number of pages: 63 Posted: 12 Aug 2024
Stefano Cassella, Antonino Emanuele Rizzo, Oliver G. Spalt and Leah Zimmerer
Tilburg University- School of Economics and Management, Nova School of Business and Economics, University of Mannheim - Business School and University of Mannheim - Finance Area
Downloads 101 (555,584)

Abstract:

Loading...

Inelastic Equity Markets, Demand Effects, Institutional Investors, Trusts, Prudent Man Laws