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PD Dr. Sebastian Lobe
Wissenschaftlicher Mitarbeiter








 
Raum
RW(L) 505
Sprechstunde
Di, 14:00 - 15:00
Telefon
(0941) 943-2727
 
E-Mail

 
 
News    

 

March 1, 2012
The paper "Islamic Investing" (coauthored with Christian Walkshäusl) has been accepted at the Review of Financial Economics.

December 9, 2011
Three papers accepted at the 2012 Campus for Finance Research Conference (Otto Beisheim School of Management).
» http://campus-for-finance.com/RSC/sessions/

September 9, 2011
My coauthor Christian and me have been awarded the prestigious ACATIS VALUE PRIZE for our work on a better value measure in international markets. This is the third consecutive year that our research has been honored by the ACATIS VALUE PRIZE.
»
http://www.acatis.de/de/value-investing/value-preis

 
     
Honors and Awards    
  ACATIS VALUE PRIZE 2011 for the best paper in Value Investing “Value is Dead. Long Live Value”

ACATIS VALUE PRIZE 2010 for research in Value Investing “Global Return Patterns”

ACATIS Value Prize 2009 for the best paper in Value Investing “Fundamental Indexing Around the World”
 
SSRN's Top Ten download list for Corporate Governance & Accounting (February 2009): Fundamental Valuation of Extra-Financial Information (with Klaus Röder, Christian Mandl, and Martina Dürndorfer)

Prize of the Deutsches Aktieninstitut for the dissertation 2005 (Honorable Mention)
 
     
Teaching    

 

This semester, I am teaching International Financial Management.

Download Syllabus

 
     
Selected Publications    

 

The Alternative Three-Factor Model: an Alternative beyond U.S. Markets?, European Financial Management, forthcoming (with Christian Walkshäusl)
»
http://onlinelibrary.wiley.com/doi/10.1111/j.1468-036X.2011.00628.x/abstract

Islamic Investing,
Review of Financial Economics, forthcoming (with Christian Walkshäusl)

Intraday Pricing of ETFs and Certificates Replicating the German DAX Index, Review of Managerial Science, Vol. 5 Issue 4 (2011), 337-351 (with Christoph Schmidhammer, and Klaus Röder)
»
http://www.springerlink.com/content/c63531n4838650t7/

Extreme Stock Market Movements and Intraday Prices of Endless Leverage Index Certificates: The Kerviel Case (Extreme Börsenbewegung und Intraday-Preisstellung von Open End Turbo-Zertifikaten auf den DAX: Der Fall Kerviel), KREDIT und KAPITAL, Vol. 44 Issue 2 (2011), 217-242 (with Klaus Röder)
»
http://www.atypon-link.com/DH/doi/abs/10.3790/kuk.44.2.217

Short-Term Market Overreaction on the Frankfurt Stock Exchange [LEAD ARTICLE], Quarterly Review of Economics and Finance, Vol. 51 Issue 2 May (2011), 113-123 (with Johannes Rieks)
»
http://ideas.repec.org/a/eee/quaeco/v51y2011i2p113-123.html

Fundamental Indexing Around the World [ACATIS VALUE PRIZE 2009], Review of Financial Economics, Vol. 19, Issue 3 (2010), 117-127 (with Christian Walkshäusl)
» http://ideas.repec.org/a/eee/revfin/v19y2010i3p117-127.html

 
     
Working Papers    

 

You can download my papers on my SSRN site:
» http://ssrn.com/author=385154
 
 
 


Vice vs. Virtue Investing Around the World
(with Christian Walkshäusl)

Featured in Alrroya.com “outstanding (…) study with excellent methodology (…). It clearly indicates no difference in returns between ethical and ‘unethical’ portfolios.”

Accepted for Presentation:

  • 27th SUERF Colloquium on New Trends in Asset Management: Exploring the Implications, HVB Forum Munich, June 12-14, 2008
  • FMA's Annual Meeting, Grapevine, Texas, October 10, 2008
  • 15th Annual Meeting of the German Finance Association (DGF), Münster, October 10-11, 2008
  • Lunch Seminar, Universität Regensburg, February 4, 2009
  • 12th conference of the Swiss Society for Financial Market Research (SGF), Geneva (Pictet & Cie), April 3, 2009
  • Campus for Finance - Research Conference, WHU Vallendar, January 13-14, 2010
 
 

Voluntary Pension Funding in Germany and the Effect of International Accounting (with Christian Stadler)

Accepted for Presentation:

  • Campus for Finance - Research Conference, WHU Vallendar, Januar 16-17, 2008
  • Midwest Finance Association's 57th Annual Meeting, San Antonio, Texas USA, February 27- March 1, 2008
  • British Accounting Association 2008 Annual Conference, Blackpool UK, April 1-3, 2008
  • 31st Annual Congress European Accounting Association – Parallel Session, Rotterdam, Netherlands, April 23-25, 2008
  • 70. Wissenschaftliche Jahrestagung des Verbands der Hochschullehrer für Betriebswirtschaft e.V., Freie Universität Berlin, May 15-17, 2008
  • 27th SUERF Colloquium on New Trends in Asset Management: Exploring the Implications, HVB Forum Munich, June 12-14, 2008
  • American Accounting Association (AAA), Anaheim, California USA, August 3-6, 2008 (Research Interaction Forum Session)
  • Allgemeine Herbsttagung der Arbeitsgemeinschaft für betriebliche Altersversorgung e.V. (aba), Stuttgart, October 30-31, 2008
  • British Accounting Association Doctoral Colloquium, Cardiff, UK, 2010
  • American Accounting Association (AAA), San Francisco, California USA, August 3, 2010 (Concurrent Session)
 
  Investor Relations, Talking Insiders, and Liquidity (with Johannes Rieks)

Accepted for Presentation:
  • HVB-Doktorandenseminar, Eltville, November 14, 2008
  • 48th Annual Meeting of the Southwestern Finance Association, Oklahoma City, OK USA, February 26, 2009
  • Campus for Finance - Research Conference, WHU Vallendar, January 13-14, 2010
  • 13th conference of the Swiss Society for Financial Market Research (SGF), Zurich, SIX Swiss Exchange, March 19, 2010
  • 72. Pfingsttagung des Verbands der Hochschullehrer für Betriebswirtschaft e. V., Bremen, May 27, 2010
  • 2010 Annual Meeting of the Financial Management Association International, New York City, USA, October 20-23, 2010
  • 18th Annual Meeting of the German Finance Association (DGF), Regensburg, September 30-October 1, 2011
 
  Why are British Premium Bonds so successful? The effect of saving with a thrill (with Alexander Hölzl)

Accepted for Presentation:

  • Inquire UK’s Autumn seminar, Cambridge, UK, September 25, 2007
  • The University of Manchester, Manchester Business School, UK, September 26, 2007
  • Campus for Finance - Research Conference, WHU Vallendar, January 16-17, 2008
  • Midwest Finance Association's 57th Annual Meeting, San Antonio, Texas USA, February 27-March 1, 2008
  • 70. Wissenschaftliche Jahrestagung des Verbands der Hochschullehrer für Betriebswirtschaft e.V., Freie Universität Berlin, May 15-17, 2008
  • 27th SUERF Colloquium on New Trends in Asset Management: Exploring the Implications, HVB Forum in Munich, June 12-14, 2008
  • Northern Finance Association 2008 Conference, Kananaskis Village, Canada, September 5-7, 2008
  • 15th Annual Meeting of the German Finance Association (DGF), Münster, October 10-11, 2008
  • 11th Symposium on Finance, Banking, and Insurance, Karlsruhe, December 19, 2008
  • 2009 Annual Meeting of the Financial Management Association International, Reno, Nevada USA, October 21-24, 2009
 
 

Fairness Opinions and Capital Markets: Evidence from Germany, Switzerland and Austria (with Nils-Christian Schenk)

Accepted for Presentation:

  • PARIS FINANCE INTERNATIONAL MEETING (AFFI French Finance Association), December 20, 2007
  • Midwest Finance Association's 57th Annual Meeting, San Antonio, Texas USA, February 27-March 1, 2008
  • Lunch Seminar, Universität Regensburg, May 28, 2008
  • 27th SUERF Colloquium on New Trends in Asset Management: Exploring the Implications, HVB Forum in Munich, June 12-14, 2008
  • Center of Finance Workshop “Aktuelle Aspekte kapitalmarktorientierter Unternehmenssteuerung“, Universität Regensburg, June 26, 2008
  • 15th Annual Meeting of the German Finance Association (DGF), Münster, October 10-11, 2008
  • Campus for Finance - Research Conference, WHU Vallendar, January 14-15, 2009
  • 48th Annual Meeting of the Southwestern Finance Association, Oklahoma City, OK USA, February 24-28, 2009
 
 

Valuation and Dividend-Based Debt Policy

Accepted for Presentation:

  • Operations Research - International Conference, Section "Finance, Banking and Insurances", Tilburg University, Niederlande, September 3, 2004
  • Midwest Finance Association's 54th Annual Meeting, Milwaukee, Wisconsin USA, March 11, 2005
  • Financial Management Association European Conference, Siena, Italy, June 11, 2005
  • 48th Annual Meeting of the Southwestern Finance Association, Oklahoma City, OK USA, February 24-28, 2009
 
     
Presentations    

 

  • German Finance Association (DGF), 2008 [3+1*], 2011 [2*]
  • Ulm University, 2011
  • EBS Business School, Wiesbaden, 2011
  • American Accounting Association (AAA), 2010
  • Financial Management Association International, 2009 [1+1*], 2010*
  • Financial Management Association European, 2005, 2010*
  • Swiss Society for Financial Market Research (SGF), 2008, 2009 [2], 2010 [2*]
  • Pfingsttagung des Verbandes der Hochschullehrer für Betriebswirtschaft, 2004, 2008 [2], 2010
  • Campus for Finance - Research Conference, 2008 [1+1*], 2010 [1+3*]
  • ACATIS Value Seminar, 2009*, 2010, 2011 [1+1*]
  • European Financial Management Association, 2009
  • Ernst Moritz Arndt University of Greifswald, 2009
  • Symposium on Finance, Banking, and Insurance, 2008 [2]
  • Midwest Finance Association, 2005, 2008 [4]
  • European Accounting Association, 2008*
  • Operations Research – International, 2004, 2008*
  • SUERF Colloquium, 2008 [2+2*]
  • Allgemeine Herbsttagung der Arbeitsgemeinschaft für betriebliche Altersversorgung e.V. (aba), 2008
  • Center of Finance Workshop, 2008
  • Paris Finance International Meeting (AFFI French Finance Association), 2007
  • Bayerischer Finanzgipfel, 2007
  • Manchester Business School, 2007
  • Inquire UK Seminar, 2007
  • IACVA-Jahreskongress, 2007*
  • HVB Business Academy, 2007
  • Workshop on Visualising, Measuring and Managing Intangibles and Intellectual Capital, 2006*, 2007*
  • EURO European Conference on Operational Research, 2006
  • Workshop in Sion über Mathematische Modelle in der Ökonomie, 2006*, 2011*
  • Workshop Unternehmensbewertung, 2004

One paper per conference if not otherwise noted. Presented by coautor*.
 

 
     
     

 

 

Universität Regensburg
Lehrstuhl für Betriebswirtschaftslehre,
insbesondere Finanzdienstleistungen
Prof. Dr. Klaus Röder



Universitätsstraße 31
93053 Regensburg



Telefon: (0941) 943-2731
Telefax: (0941) 943-4979

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Teaching

Selected Publications
Working Papers
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