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The Management Department of Frankfurt School of Finance & Management focusses its research on scientific questions relevant to the management in companies and other organizations.

The professors, lecturers and doctoral students of the Management Department bundle their expertise in research projects dealing with a broad spectrum of scientific issues.

The Management Department with close ties to the financial industry gradually expands its research activities into other areas addressing industries and general management issues in organizations of all sectors. Research projects in cooperation or in strategic partnerships with companies and organizations lead not only to the funding of research but also ensure the transfer of theory and scientific knowledge into practice.

Head of Department


Faculty Members

Affiliated Faculty

Research Centres

The members of our Management Department cluster their expertise in two different research centres.

Each centre has its own clearly defined area of specialisation and conducts an ongoing expert exchange with representatives of experts from other universities and journalists.


In the following, we present select publications by the faculty in our Management Department

Selected Publications

Withers, M., Fitza, M., 2017. Do board chairs matter?: The influence of board chairs on firm performance, Strategic Management Journal Vol. 38(6), pp. 1343-1355.

Fitza, M., 2017. How much do CEOs really matter?: Reaffirming that the CEO effect is mostly due to chance, Strategic Management Journal Vol. 38(3), pp. 802-811.

Tihanyi, L., Fitza, M., 2017. How much does ownership form matter?, Strategic Management Journal. (forthcoming)

Hayward, M., Fitza, M., 2017. Pseudo-Precision?: Precise Forecasts and Impression Management in Managerial Earnings Forecasts, Academy of Management Journal. (forthcoming)

Kremer, M., Mantin, B., Ovchinnikov, A., 2017. Dynamic Pricing in the Presence of Myopic and Strategic Consumers: Theory and Experiment, Production and Operations Management Vol. 26(1), pp. 116-133.

Strike, V., Rerup, C., 2016. Mediated Sensemaking, Academy of Management Journal Vol. 59(3), pp. 880-905.

Joseph, J., Klingebiel, R., & Wilson, A. J. (2016). Organizational Structure and Performance Feedback: Centralization, Aspirations, and Termination Decisions. Organization Science, 27(5), 1065-1083.

Kremer, M., Siemsen, E., & Thomas, D. J. (2016). The Sum and Its Parts: Judgmental Hierarchical Forecasting. Management Science, 62(9), 2745-2764.

Kremer, M., & Debo, L. (2016). Inferring Quality from Wait Time. Management Science, 62(10), 3023-3038. doi:10.1287/mnsc.2015.2264

Stieglitz, N., Knudsen, T., & Becker, M. C. (2016). Adaptation and inertia in dynamic environments. Strategic Management Journal, 37(9), 1854-1864.

Wal, A. L., Alexy, O., Block, J., & Sandner, P. G. (2016). The Best of Both Worlds. Administrative Science Quarterly, 61(3), 393-432.

Homburg, C., Ehm, L., & Artz, M. (2015). Measuring and Managing Consumer Sentiment in an Online Community Environment. Journal of Marketing Research, 52(5), 629-641.

Klingebiel, R., Joseph, J., 2016. Entry timing and innovation strategy in feature phones, Strategic Management Journal Vol. 37(6), pp. 1002-1020.

Claussen, J., Kretschmer, T., & Stieglitz, N. (2015). Vertical Scope, Turbulence, and the Benefits of Commitment and Flexibility. Management Science, 61(4), 915-929.

Abbey, J. D., Meloy, M. G., Guide, V. D., & Atalay, S. (2014). Remanufactured Products in Closed-Loop Supply Chains for Consumer Goods. Production and Operations Management, 24(3), 488-503. doi:10.1111/poms.12238

Klingebiel, R., & Adner, R. (2014). Real Options Logic Revisited: The Performance Effects of Alternative Resource Allocation Regimes. Academy of Management Journal, 58(1), 221-241. doi:10.5465/amj.2012.0703

Kremer, M., & Wassenhove, L. N. (2014). Willingness to Pay for Shifting Inventory Risk: The Role of Contractual Form. Production and Operations Management, 23(2), 239-252.

Palley, A. B., & Kremer, M. (2014). Sequential Search and Learning from Rank Feedback: Theory and Experimental Evidence. Management Science, 60(10), 2525-2542.

Homburg, C., Hahn, A., Bornemann, T., & Sandner, P. (2014). The Role of Chief Marketing Officers for Venture Capital Funding: Endowing New Ventures with Marketing Legitimacy. Journal of Marketing Research, 51(5), 625-644.

Schulze, C., Schöler, L., & Skiera, B. (2014). Not All Fun and Games: Viral Marketing for Utilitarian Products. Journal of Marketing, 78(1), 1-19.

Billinger, S., Stieglitz, N., & Schumacher, T. R. (2014). Search on Rugged Landscapes: An Experimental Study. Organization Science, 25(1), 93-108.

Fitza, M. A. (2013). The use of variance decomposition in the investigation of CEO effects: How large must the CEO effect be to rule out chance? Strategic Management Journal, 35(12), 1839-1852.  

Klingebiel, R., & Meyer, A. D. (2013). Becoming Aware of the Unknown: Decision Making During the Implementation of a Strategic Initiative. Organization Science, 24(1), 133-153.

Klingebiel, R., & Rammer, C. (2013). Resource allocation strategy for innovation portfolio management. Strategic Management Journal, 35(2), 246-268.

Moritz, B., Siemsen, E., & Kremer, M. (2013). Judgmental Forecasting: Cognitive Reflection and Decision Speed. Production and Operations Management, 23(7), 1146-1160.

Kremer, M., Minner, S., & Wassenhove, L. N. (2013). On the Preference to Avoid Ex Post Inventory Errors. Production and Operations Management, 23(5), 773-787.

Baumann, O., & Stieglitz, N. (2013). Rewarding value-creating ideas in organizations: The power of low-powered incentives. Strategic Management Journal, 35(3), 358-375.

Artz, M., C. H., & Wieseke, J. (2012). Marketing Performance Measurement Systems. Journal of Marketing, 76(3), 56-77.

Atalay, A. S., Bodur, H. O., & Rasolofoarison, D. (2012). Shining in the Center: Central Gaze Cascade Effect on Product Choice. Journal of Consumer Research, 39(4), 848-866.

Ma, X., Tong, T. W., & Fitza, M. (2012). How much does subnational region matter to foreign subsidiary performance? Evidence from Fortune Global 500 Corporations’ investment in China. Journal of International Business Studies, 44(1), 66-87.

Schulze, C., Skiera, B., & Wiesel, T. (2012). Linking Customer and Financial Metrics to Shareholder Value: The Leverage Effect in Customer-Based Valuation. Journal of Marketing, 76(2), 17-32.

Matusik, S. F., & Fitza, M. A. (2011). Diversification in the venture capital industry: leveraging knowledge under uncertainty. Strategic Management Journal, 33(4), 407-426.

Kremer, M., Moritz, B., & Siemsen, E. (2011). Demand Forecasting Behavior: System Neglect and Change Detection. Management Science, 57(10), 1827-1843.

Management & Accounting Seminars

Frankfurt School’s Research Seminar in Management & Accounting is a forum for researchers to present and discuss research contributing to a better understanding of a broad range of managerial issues. The research seminar focuses on the interactive discussion of theoretically embedded papers following rigorous research designs (including empirical-archival and experimental research methods).

The talks usually take place on Tuesdays from 12:15 to 1:45 p.m. during the semester. Before or after the talk there is the opportunity to meet and exchange with members of the faculty in individual discussions.

External guests are welcome to attend and are in case of interest asked to subscribe via e-mail in order to get invitations for our research seminar and other events

We would like to thank Lexware GmbH & Co. KG for their generous support of this series of talks.

We would like to thank Lexware GmbH & Co. KG for their generous support of this series of talks.