Stefan Obernberger joined Erasmus School of Economics in 2014 as an Assistant Professor of Finance. He is also a Research Fellow at the Tinbergen Institute (TI) and a member of the Erasmus Research Institute of Management (ERIM).
Stefan's research interest is in empirical corporate finance with a particular emphasis on payout policy and the real effects of corporate finance on employees. His work on open market share repurchases has been published in the Journal of Financial Economics and the Review of Financial Studies. He teaches several courses in corporate finance.
Busch, P. & Obernberger, S. (2017). Actual Share Repurchases, Price Efficiency, and the Information Content of Stock Prices. The Review of Financial Studies, 30 (1), 324-362. doi: http://dx.doi.org/10.1093/rfs/hhw071
Hillert, A., Maug, E. & Obernberger, S. (2016). Stock repurchases and liquidity. Journal of Financial Economics, 119 (1), 186-209. doi: http://dx.doi.org/10.1016/j.jfineco.2015.08.009
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