Dean Professor Researcher

Governance, Finance &
Academic Leadership

Exploring the intersection of empirical corporate finance, family ownership, and executive compensation at WHU – Otto Beisheim School of Management.

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2023 Appointed Dean
20+ Years of Research
8+ Teaching Awards
A+ Top Publications
Christian Andres

About Me

I am Dean and Professor of Empirical Corporate Finance at WHU – Otto Beisheim School of Management. My academic journey focuses on how corporate governance mechanisms—ranging from dividend policies to executive compensation—impact firm value and longevity.

Since taking office as Dean in 2023, I have focused on developing a new strategic positioning of the school and digital transformation in times of AI. Previously, as Associate Dean of Research, I helped elevate WHU's research standing significantly. I have also held visiting positions at the University of Florida (USA) and the University of Sheffield (UK).

Academic Career

2023–Present

Dean

WHU – Otto Beisheim School of Management

2015–2023

Associate Dean Research

WHU – Otto Beisheim School of Management

Since 2011

Professor of Empirical Corporate Finance

WHU – Otto Beisheim School of Management

2009–2011

Assistant / Associate Professor

University of Mannheim & Johannes Gutenberg Universität Mainz

2007

Ph.D. in Economics (summa cum laude)

University of Bonn

Research

Featured & Forthcoming

Forthcoming
Review of Accounting Studies

Sell-Side Analysts with Accounting Experience

Christian Andres, F. Brochet, P. Limbach, N. Schumacher

This paper investigates whether pre-analyst accounting experience matters for sell-side analysts' performance and career outcomes. We find that analysts with accounting experience issue more accurate earnings forecasts and are more likely to be named All-Stars. The findings highlight the importance of domain-specific human capital in the financial services industry.

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Featured
Journal of Financial and Quantitative Analysis (2025)

Does Speculative News Hurt Productivity? Evidence from Takeover Rumors

Christian Andres, D. Bazhutov, D. Cumming, G. Köchling, P. Limbach

This study analyzes the real effects of speculative financial news on firm productivity. Using a comprehensive dataset of takeover rumors, we document a significant decline in total factor productivity following speculative news events. The evidence suggests that rumors distract employees and management, thereby destroying firm value even when no deal materializes.

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Selected Publications

Corporate Governance: An International Review (2023)

Mapping the corporate governance scholarship: Current state and future directions

Christian Andres, S. Kumar, N. Pandey

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Journal of Corporate Finance (2017)

Do What You Did Four Quarters Ago: Trends and Implications of Quarterly Dividends

Christian Andres, Ulrich Hofbaur

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Journal of Banking & Finance (2014)

Underwriter Reputation and the Quality of Certification: Evidence from High-Yield Bonds

Christian Andres, André Betzer, Peter Limbach

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Journal of Corporate Finance (2008)

Large Shareholders and Firm Performance—An Empirical Examination of Founding-Family Ownership

Christian Andres

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View Full List on Google Scholar

Teaching & Service

My teaching philosophy is grounded in rigour and relevance. I bridge the gap between complex financial theory and real-world corporate decision-making, regularly recognized by students across Bachelor, MBA, and Executive MBA programs.

Editorial Service

Senior Editor, Global Finance Journal (2021–2023)
Chairman, Banking & Finance Section of VHB (2019–2023)

Awards & Recognition

  • Best Teacher Award, Full-Time MBA (2021, 2022, 2023, 2024)
  • Best Teacher Award, Kellogg-WHU Executive MBA (2022)
  • Best Teacher Award, SPOAC (2016, 2023)
  • Best Teacher Award, B.Sc. Program (2011)