Archive Finance Research Seminar

Winter semester 2023/2024


Tuesday, 19 September 2023
Speaker:  Lukas Müller, MSc., Technische Universität Darmstadt
Topic: How Market-Implied Sensitivity Measures Uncover Hidden Insights: A Methodological Blueprint
Host:  Ass.-Prof. Dr. Sebastian Stöckl, Liechtenstein Business School
Location: Conference room 10, University of Liechtenstein 


Tuesday, 26 September 2023
Speaker: Paul Schneider,  Università  della  Svizzera  Italiana
Topic: Conditional Factor Models: First Order vs. Higher Orders  
Host: Ass.-Prof. Dr. Sebastian Stöckl, Liechtenstein Business School
Location: Conference room 2, University of Liechtenstein 


Tuesday, 10 October 2023
Speaker: Dennis Umlandt, Universität Innsbruck
Topic: Moment Conditions and Time-Varying Risk Premia
Host: Dr. Wolfgang Schadner, Liechtenstein Business School 
Location: Lecture hall 3, University of Liechtenstein 


Tuesday, 07 November  2023
Speaker: Kevin Schneider, University of Cambridge
Topic: Investment, uncertainty, and U-shaped return volatilities
Host: Dr. Wolfgang Schadner, Liechtenstein Business School 
Location: Lecture hall 3, University of Liechtenstein 

Winter semester 2022/2023


Tuesday, 18 October 2022
Speaker: Prof. Dr. Raimond Maurer, Goethe-Universität Frankfurt
Topic: Life-Cycle Portfolio Choice with Stock Market Loss Framing: Explaining the empirical evidence
Host: Dr. Sebastian Stoeckl, Assistant Professor, Chair in Finance
Location: Lecture Hall 5, University of Liechtenstein


Tuesday, 15 November 2022
Speaker: Christoph Reschenhofer, Wirtschaftsuniversität Wien
Topic: Combining Factors
Host: Dr. Sebastian Stoeckl, Assistant Professor, Chair in Finance
Location: Lecture Hall 5, University of Liechtenstein


Tuesday, 22 November 2022
Speaker: Luca Liebi, M.A., Universität St. Gallen
Topic: Survivorship and Delisting Bias in Cryptocurrency Markets
Host: Dr. Sebastian Stoeckl, Assistant Professor, Chair in Finance
Location: Seminar Room S5, University of Liechtenstein


 

Summer semester 2022


Tuesday, 22 February 2022 - postponed to 29 March 2022!
Speaker: Tim Kroenke, Université Neuchâtel 
Topic:  A Skeptical Appraisal of Robust Asset Pricing Tests
Host: Sebastian Stöckl / Chair in Finance
Location: tba


Tuesday, 08 March 2022
Speaker: Alex Weissensteiner, Free University of Bozen-Bolzano
Topic:  Learning, Equilibrium Flows, and Risk Premia (Slides)
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (please register here)


Tuesday, 22 March 2022
Speaker: Jukka Kettunen, Hanken School of Economics
Topic: Externalities of Mandatory CSR Disclosure Laws: Evidence from MNCs
Host: Prof. Dr. Marco Menichetti, Chair in Business Administration, Banking and Financial Management
Location: Zoom (please register here


Tuesday, 29 March 2022
Speaker: Tim Kroenke, Université Neuchâtel 
Topic:  A Skeptical Appraisal of Robust Asset Pricing Tests
Host: Sebastian Stöckl / Chair in Finance
Location: Seminar room S5


Tuesday, 5 April 2022
Speaker:Prof. Dr. Christian Klein, Universität Kassel
Topic: What's it all about? The impact of sustainable investment products
Host:Prof. Dr. Marco Menichetti, Lehrstuhl in Betriebswirtschaftslehre, Bank- und Finanzmanagement
Location: Zoom


Tuesday, 3 May 2022
Speaker: Pedro Barroso, Católica-Lisbon School of Business and Economics
Topic:  What Explains Price Momentum and 52-Week High Momentum When They Really Work?
Host: Sebastian Stöckl / Chair in Finance
Location: Lecture Hall 4


Tuesday, 31 May 2022
Speaker: Stefano Ramelli, University of Zurich UZH
Topic: Low-carbon mutual funds
Host: Prof. Dr. Marco Menichetti, Chair in Business Administration, Banking and Financial Management
Location: Zoom

Winter term 2021/2022

 


Tuesday, 5 October 2021
Speaker: Matthias Hanauer (TU München/Robecco)
Topic:  A Comparison of Global Factor Models
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (please register here)


Tuesday, 19 October 2021
Speaker: Guillaume Coqueret (EM LYON Business School, author of the book "Machine Learning in Factor Investing")
Topic:  Dirichlet Policies for Reinforced Factor Portfolios (Non-technical presentation)
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (please register here)


Tuesday, 2 November 2021: postponed to 22 February 2022
Speaker:  Tim Kroenke, Université Neuchâtel
Topic:  A Skeptical Appraisal of Robust Asset Pricing Tests
Host: Sebastian Stöckl / Chair in Finance
Location: Lecture Hall 4 (3G rules apply)


Tuesday, 30 November 2021
PhD Pitch Session 1 - Internal


 

Tuesday, 21 December 2021
Speaker: Michael Razen, University of Innsbruck
Topic:  Non-Standard Errors
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (please register here)


Tuesday, 11 January 2022
Speaker: Florian Weigert, University of Neuchâtel
Topic: Option Return Predictability with Machine Learning and Big Data
Host: Sebastian Stöckl / Chair in Finance
Location: 
Zoom (please register here)


Tuesday, 25 January 2022
Speaker: Martin Rohleder and Jonas Zink, University of Augsburg
Topic: The effects of mutual fund decarbonization on stock prices and carbon emissions
Host: Prof. Dr. Marco Menichetti, Lehrstuhl in Betriebswirtschaftslehre, Bank- und Finanzmanagement
Location: Zoom (please register here)

 

Summer term 2021


Tuesday, 23 February 2021
Speaker:  Professor Olaf Weber, University of Waterloo
Topic: Macroprudential Implications of Sustainable Regulations in the Banking Sector
Host:Prof. Dr. Marco J. Menichetti, Chair in Business Administration, Banking & Financial Management
Location: Zoom (Please register here)


Tuesday, 09 March 2021
Speaker:  Emmanouil Platanakis (University of Bath)
Topic:  Dynamic Portfolio Management with Machine Learning
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (Please register here)


Tuesday, 23 March 2021
Speaker:  Jonas Zink, University of Augsburg and Martin Nerlinger, University of St. Gallen
Topic:  Do activist investors walk the talk? - Evidence on proxy voting and shareholder proposals by PRI signatories
Host: Prof. Dr. Marco J. Menichetti, Chair in Business Administration, Banking & Financial Management
Location: Zoom (Please register here)


Tuesday, 13 April 2021
Speaker: Theodor Cojoianu (Queen's University Belfast)Andreas Hoepner (University College Dublin), Yanan Lin (University College Dublin)
Topic: Who are Impact Investors?
Host: Dr. Lars Kaiser, Chair in Business Administration, Banking & Financial Management
Location: Zoom (Bitte hier registrieren)


Tuesday, 27 April 2021

[cancelled/postponed]


Tuesday, 11 May 2021
Speaker:  Prof. Dr. Vitaly Orlov, University of St. Gallen (HSG) 
Topic: In Military We Trust: The Effect of Managers’ Military Background on Mutual Fund Flows
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (Please register here)


Tuesday, 25 May 2021
Speaker:  Luca Liebi, University of St. Gallen (HSG) 
Topic: Is There a Value Premium in Cryptoasset Markets? 
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (Please register here)


Tuesday, 1 June 2021
Speaker:  Gianluca De Nard (University of Zurich/NYU Stern)
Topic:  Using, Taming or Avoiding the Factor Zoo? Double-Shrinkage Estimation of Factor Models for Portfolio Selection in Large Dimensions
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (Please, register here)


TBD
Speaker:  Radu Tunaru, Professor in Finance and Risk Management, University of Sussex, School of Business
Topic: TBD
Host: Sebastian Stöckl / Chair in Finance

Winter term 2020/2021

Tuesday, 22 September 2020
Speaker:  Dr. Stefan Wendt, Associate Professor, Department of Business Administration, Reykjavik University
Topic: Firm- and country-level determinants of green investments: An empirical analysis
Host: Prof. Dr. Marco Menichetti, Chair in  Business Administration, Banking & Financial Management
Location: Zoom (Please register at banking@uni.li)


Tuesday, 6 October 2020
Speaker:  Hanlin Yang, Department of Banking and Finance, University of Zurich
Topic: Decomposing Factor Momentum
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (Please register at banking@uni.li)


Tuesday, 13 October 2020
Speaker: Michael Hanke, University of Liechtenstein
Topic:Political Event Portfolios: Update for the 2020 US Presidential Election
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (Please register at banking@uni.li)


Tuesday, 20 October 2020
Speaker:  Ekaterina Kazak, University of Manchester
Topic:Portfolio Pretesting with Machine Learning
Host: Sebastian Stöckl / Chair in Finance
Location: Zoom (Please register here)


Tuesday, 3 November 2020
Speaker:  [canceled]


Tuesday, 17 November 2020
Speaker:  Research Pitch Session for PhD Students I [Internal]


Tuesday, 1 December 2020
Speaker: Research Pitch Session for PhD Students II [Internal]


Tuesday, 15 December 2020
Speaker:  Prof. Dr. Sebastian Utz, University of St. Gallen (HSG) 
Topic: Capital-market effects of ESG scores: Evidence from a quasi-natural experiment
Host: Prof. Dr. Marco Menichetti, Chair in  Business Administration, Banking & Financial Management
Location: Zoom (please register here)


Tuesday, 12 January 2021
Speaker:  Dr. Marc Berninger, TU Darmstadt
Topic: „Environmental, Social and Governance Reporting in Annual Reports: A Textual Analysis“
Host:Prof. Dr. Marco Menichetti, Chair in  Business Administration, Banking & Financial Management
Location: Zoom (please register here)

Summer term 2020


Tuesday, 18 February 2020
Speaker:  Christian Köppel, University of St. Gallen
Topic: Sentiment Risk Premia in the Cross-Section of Global Equity and Currency Returns
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 3 March 2020
SpeakerProf. Dr. Julian Thimme, Karlsruhe Institute of Technology
Topic: Non-substitutable consumption growth risk
Host: Sebastian Stöckl / Chair in Finance


CANCELED - Tuesday, 17 March 2020
SpeakerMichael Razen, PhD, University of Innsbruck
Topic: FiT - Financial Training: A novel approach to improving financial literacy and economic decision making
Host: Sebastian Stöckl / Chair in Finance


CANCELED - Tuesday, 7 April 2020
Speaker: Dr. Marc Berninger, TU Darmstadt
Topic: Environmental, social and governance reporting in annual reports: A textual analysis
Host: Prof. Dr. Marco J. Menichetti, Lehrstuhl für Betriebswirtschaftslehre, Bank- und Finanzmanagement


CANCELED - Tuesday, 21 April 2020
Speaker:  tba
Topic: tba
Host: tba


CANCELED - Tuesday, 28 April 2020
Speaker:  tba
Topic: tba
Host: tba


CANCELED - Tuesday, 19 May 2020
Speaker:  tba
Topic: tba
Host: tba


CANCELED - Tuesday, 26 May 2020
Speaker:  Radu Tunaru, Professor in Finance and Risk Management, University of Sussex, School of Business
Topic: The return to gaussian returns before the subprime crisis
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 2 June 2020- postponed to 20 October 2020
Speaker: Ekaterina Kazak, University of Manchester
Topic: Optimal portfolio allocation with statistical learning
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 9 June 2020 - postponed
Speaker:  Professor Duane Stock, University of Oklahoma
Topic: tba
Host: Sebastian Stöckl / Chair in Finance

 

Winter term 2019/2020


Tuesday, 24 September 2019
Sprecher:  Alessandro MeloneVienna Graduate School of Finance
Thema: Asset Pricing vs Asset Expected Returning in Factor Models
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 8 October 2019
Speaker: Prof. Dr. Sebastian Utz, Institute for Operations Research and Computational Finance, University of St. Gallen
Topic: Corporate Social Performance and Class Action Lawsuits
Host: Ass.-Prof. Dr. Lars Kaiser / Chair in Business Administration, Banking and Financial Management


Tuesday, 22 October 2019
[cancelled]
Host: Chair in Business Administration, Banking and Financial Management


Tuesday, 5 November 2019
[cancelled]
Host: Chair in Business Administration, Banking and Financial Management


Tuesday, 12 November 2019
Speaker:  Dr. Martin Geiger, Liechtenstein Institut
Topic: Credit Intermediation and the Transmission of Macro-Financial Uncertainty: International Evidence
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 19 November 2019
Speaker:  Stefano Ramelli, University of Zurich
Topic: When Investors Call for Climate Responsibility, How Do Mutual Funds Respond?
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 3 December 2019
Speaker:  Research Pitch Session for PhD Students - Chair in Finance [Internal]


Tuesday, 17 December 2019 - Internal seminar
Speaker:  Research Pitch Session for PhD Students - Chair in Business Administration, Banking and Financial Management  [Internal] 

Patrick Wildhaber, MSc
“Evidence on ESG Risk Materiality”

Tian Luan, MSc
“Green Bond Pricing”

Summer term 2019

Tuesday, 26 March 2019
Speaker: Maximilian Bredendiek (VGSF
Topic: 
A Coskewness Mimicking Factor With Conditioning Information
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 09 April 2019
Speaker: Sascha Füllbrunn (Radboud University)
Topic: Responsibility and Limited Liability in Decision Making for Others - An experimental consideration
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 07 May 2019
Speaker: Calin Valsan (Bishop's University)
Topic: State Capacity, Self-Righteousness, and Intolerance towards the Informal Economy
Host: Prof. Dr. Marco J. Menichetti / Chair in Business Administration, Banking and Financial Management


Tuesday, 21 May 2019
Speaker: Alexander Kupfer (University of Innsbruck)
Topic: On the Persistence of Norms and Values: The Case of Corporate Cash Holdings in reunified Germany
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 28 May 2019
Speaker: Christian Skov Jensen (Bocconi University)
Topic: Higher-Moment Risk
Host: Sebastian Stöckl / Chair in Finance

Fall term 2018/2019

Tuesday, 2 October 2018
Speaker: Prof. Nils Friewald, Ph.D., Norwegian School of Economics
Topic: Over-the-Counter Market Frictions and Yield Spread Changes
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 23 October 2018
Speaker: Prof. Dr. Florian Weigert, University of St. Gallen
Topic: Risk Factor Timing and Mutual Fund Performance
Host: Sebastian Stöckl / Chair in Finance  


Tuesday, 6 November 2018
Speaker: Prof. Dr. Alexander F. Wagner, University of Zurich
Topic: Stock Price Rewards to Climate Saints and Sinners: Evidence from the Trump Election
Host: Sebastian Stöckl / Chair in Finance


Tuesday, 20 November 2018
Speaker: Prof. Dr. Dr. h.c. Günter Franke, University of Konstanz
Topic: Employee Orientation and Financial Performance of Foundation Owned Firms
Host: Prof. Dr. Marco J. Menichetti / Chair in Business Administration, Banking and Financial Management


Tuesday, 4 Dezember 2018
Speaker: Prof. Dr. Marcel Fischer, University of Konstanz
Topic: The Debt Tax Shield Economic Growth and Inequality
Host: Sebastian Stöckl / Chair in Finance

Summer term 2018

Tuesday, 6 March 2018
Michael Hanke, University of Liechtenstein
«Numeraire Dependence in Risk-Neutral Probabilities of Event Outcomes»
Host: Chair in Finance


Tuesday, 20 March 2018
Julia E. Reynolds,Università della Svizzera Italiana
«The Impact of Trade-Through Prohibition on Liquidity Commonality»
Host: Sebastian Stöckl/Chair in Finance


 Tuesday, 24 April 2018
Michael Reichenecker/Alexander Wagner Universität Zürich
«Which Swiss Gnomes Attract Money? Efficiency and Reputation as Performance Drivers of Wealth Management Banks»
Host: Sebastian Stöckl/Chair in Finance


Tuesday, 8 May 2018
Markus Huggenberger, University of Mannheim
«Forward-Looking Tail Risk Measures»
Host: Sebastian Stöckl/Chair in Finance


Tuesday, 22 May 2018
Cyril Bachelard/Michael Frei,  OLZ Wealth Management
«Optimal portfolios and where to find them»
Host: Sebastian Stöckl/Chair in Finance

 

Fall term 2017/18

Tuesday, 28 November 2017
Wiebke Szymczak, University of Liechtenstein
Topic: «Income uncertainty and retirement savings in different pension systems»


Tuesday, 5 December 2017
Lars Kaiser, University of Liechtenstein
Topic: «Style, Momentum and ESG Integration»


Tuesday, 12 December 2017
Florian Weigert, University of St. Gallen
Topic: «The Absolute Return Wedge: A New Measure That Predicts Hedge Fund Performance» 
Host: Sebastian Stöckl/Chair in Finance


Tuesday, 19 December 2017
Internal - Research Pitch Session: Faculty and PhD Students, University of Liechtenstein
Topics: TBD


Summer term 2017

Wednesday, 22 February 2017
Wiebke Szymczak, University of Liechtenstein
Topic: «Recent developments in behavioral finance»


Wednesday, 8 March 2017
Michael Kisser, Norwegian School of Economics (NHH)
Topic: «Leverage Dynamics of High-Frequency Debt Issuers»


Wednesday, 22 March 2017
Lars Kaiser, University of Liechtenstein
Topic: «Asset Allocation by Investment Professionals: Integration or Segmentation»


Wednesday, 5 April 2017
Boris Rubtsov, Financial University, Moscow, Russia
Topic: «The Russian Financial Market and Europe: the Level of Development and Problems of Interaction»


Wednesday, 10 May 2017
Sebastian Stöckl, University of Liechtenstein
Topic: «Financial Turbulence, Parameter Uncertainty and Aggregate Stock Returns»



Fall term 2016/17

Wednesday, 7 December 2016
Jurij-Andrei Reichenecker, University of Liechtenstein
Topic: «Parametric Currency Overlay»


Wednesday, 14 December 2016
Demelza Kelso Hays, University of Liechtenstein
Topic: «Basics of bitcoin and blockchain technology»