I. (Ingolf) Dittmann

Ingolf Dittmann is a professor of corporate governance and managerial accounting at the Erasmus School of Economics (ESE).

Professor Dittmann's major areas of interest lie in corporate finance, corporate governance, executive compensation and behavioural finance.

He is a member of both ERIM and the Tinbergen Institute.

He currently chairs the research project 'Explaining Stock Options in Executive Compensation', financed by a vidi grant from the Netherlands Organisation for Scientific Research (NWO).

Earlier career roles include that of visiting scholar at the University of California in San Diego.

Professor Dittman received his PhD from Dortmund University and his Habilitation (a second German degree) from Humboldt-University at Berlin.

• Key publications (5)
  • Dittmann, I., Maug, E.G. & Spalt, O. (2010). Sticks or carrots? Optimal CEO compensation when managers are loss-averse. The Journal of Finance, 65(6), 2015-2050.
  • Dittmann, I., Maug, E.G. & Schneider, C. (2010). Bankers on the boards of German firms: What they do, what they are worth, and why they are (still) there. Review of Finance, 14(1), 35-71.
  • Dittmann, I., Maug, E.G. & Schneider, C. (2008). How Preussag became TUI: A clinical study of institutional blockholders and restructuring in Europe. Financial Management, 37(3), 571-598.
  • Dittmann, I. & Maug, E.G. (2007). Lower salaries and no options? On the optimal structure of executive pay. The Journal of Finance, 62(1), 303-343.
  • Dittmann, I. & Granger, C.W.J. (2002). Properties of nonlinear transformations of fractionally integrated processes. Journal of Econometrics, 110(2), 113-133.

• Articles (14)
  • Dittmann, I., Maug, E.G. & Zhang, D. (2011). Restricting CEO Pay. Journal of Corporate Finance, 17(4), 1200-1220.
  • Dittmann, I., Maug, E.G. & Spalt, O. (2010). Sticks or carrots? Optimal CEO compensation when managers are loss-averse. The Journal of Finance, 65(6), 2015-2050.
  • Dittmann, I., Maug, E.G. & Schneider, C. (2010). Bankers on the boards of German firms: What they do, what they are worth, and why they are (still) there. Review of Finance, 14(1), 35-71.
  • Dittmann, I. (2010). Discussion of "Are CEOs compensated for value destroying growth in earnings?". Review of Accounting Studies, 15(3), 578-583.
  • Dittmann, I., Maug, E.G. & Schneider, C. (2008). How Preussag became TUI: A clinical study of institutional blockholders and restructuring in Europe. Financial Management, 37(3), 571-598.
  • Dittmann, I. & Ulbricht, N. (2008). Timing and wealth effects of German dual class stock unifications. European Financial Management, 14(1), 163-196.
  • Dittmann, I. & Maug, E.G. (2007). Lower salaries and no options? On the optimal structure of executive pay. The Journal of Finance, 62(1), 303-343.
  • Dittmann, I. (2006). The optimal use of fines and imprisonment if governments don't maximize welfare. Journal of Public Economic Theory, 8(4), 677-695.
  • Dittmann, I. (2004). Error correction models for fractionally cointegrated time series. Journal of Time Series Analysis, 25, 27-32.
  • Dittmann, I., Maug, E.G. & Kemper, J. (2004). How fundamental are fundamental values? Valuation methods and their impact on the performance of German venture capitalists. European Financial Management, 10, 609-638.
  • Dittmann, I. & Granger, C.W.J. (2002). Properties of nonlinear transformations of fractionally integrated processes. Journal of Econometrics, 110(2), 113-133.
  • Dittmann, I. (2001). Fractional cointegration of voting and non-voting shares. Applied Financial Economics, 11, 321-332.
  • Dittmann, I. (2000). Residual-based tests for fractional cointegration: A Monte Carlo study. Journal of Time Series Analysis, 21, 615-647.
  • Dittmann, I. (1999). How reliable should auditors be? Optimal monitoring in principal-agent relationships. European Journal of Political Economy, 15, 523-546.

• ERIM Awards (1)

  Name	ERIM Top Article Award
  Year	2008
  Website	http://www.erim.eur.nl/index.php?id=10029