Publications in refereed journals
Dittmann, I., Maug, E., Spalt, O. (2010), Sticks or Carrots? Optimal CEO Compensation when Managers are Loss-Averse, Journal of Finance, 65:6, 2015-2050
Dittmann, I., Maug, E., 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
Maug, E., Rydqvist, K., (2009), Do Shareholders Vote Strategically? Voting Behavior, Proposal Screening, and Majority Rules, Review of Finance, 13:1, 47-79
Dittmann, I., Maug, E., Schneider, C. (2008), How Preussag became TUI: A Clinical Study of Institutional Blockholders and Restructuring in Europe, Financial Management, 37:3, 571-598
Güth, W., Maug, E., Kröger, S. (2008), You may have to do it again, Rocky! An Experimental Analysis of Bargaining with Risky Joint Profits, New Zealand Economic Papers (forthcoming in Special Issue on Experimental Economics)
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. (2007), Lower Salaries and No Options? On the Optimal Structure of Executive Pay, Journal of Finance, 62:1, 303-343
Maug, E. (2006), Efficiency and Fairness in Minority Freezeouts: Takeovers, Overbidding, and the Freeze-in Problem, International Review of Law and Economics, 26:3, 355-379
Dittmann, I., Kemper, J., Maug, E. (2004), How Fundamental are Fundamental Values? Valuation Methods and Their Impact on the Performance of German Venture Capitalists, European Financial Management, 10:4, 609-638
Maug, E., Yilmaz, B., (2002), Two-class voting: A Mechanism for conflict resolution in bankruptcy, American Economic Review, 92:5, 1448-1471
Maug, E. (2002), Insider Trading Legislation and Corporate Governance, European Economic Review, 46:9, 1569-1597
Maug, E. (2001), Optimal Ownership Structure and the Life Cycle of the Firm: A Theory of the Decision to Go Public, European Finance Review, 5:3, 167-200
Maug, E. (2000), The Relative Performance Puzzle, Schmalenbach's Business Review, 52:1, 3-24
Maug, E. (1998), Large Shareholders as Monitors: Is There a Tradeoff between Liquidity and Control? Journal of Finance, 53:1, 65-98
Maug, E. (1997), Boards of Directors and Capital Structure: Alternative Forms of Corporate Restructuring, Journal of Corporate Finance, 3:2, 113-139
An extended version of this paper which includes all proofs can be downloaded here.
Maug, E. (1996), Corporate Control and the Market for Managerial Labour - On the Decision to go Public, European Economic Review, 40:3-5, 1049-1056



