Frederik P. Schlingemann
Professor of Business Administration and H. R. and Betty Young Faculty Fellow in Finance

Contact

368A Mervis Hall
schlinge@katz.pitt.edu
412-648-1847

Profile

Frederik P. Schlingemann is a professor of finance at the Katz Graduate School of Business at the University of Pittsburgh and currently the H.R. and Betty Young Faculty Fellow in Finance. Frederik is also research member of the European Corporate Governance Institute (ECGI) and was appointed a Professor of Corporate Finance at the Rotterdam School of Management (RSM) at the Erasmus University (the Netherlands) from 2010 to 2020. He has served as the Finance Area Director (Chair) at Katz from 2009 to 2012 and held the Barry J. Epstein Faculty Fellowship from 2010 to 2016. Currently he serves as the chair of the Katz Research & Doctoral Committee. He earned his doctorate in finance at The Ohio State University. His teaching interests are focused in the area of corporate finance. He has taught a variety of courses at the executive level in Manchester (United Kingdom), Pittsburgh, Prague (Czech Republic), and São Paulo (Brazil). He also teaches the core finance class in the full-time MBA program. He has won several teaching awards and has been awarded the Distinguished Professor Award by the Pittsburgh EMBA classes 30, 31, 33, 37, 42, 43, 46, and most recently in 2020 for EMBA 47. He was also awarded the Distinguished Professor Award by the Katz EMBA program in Prague in the years 2002, 2003, 2007, 2008, and 2015. In 2022 Frederik was awarded the Full-Time Masters Student Choice Award for Outstanding Teacher.

Frederik’s research interests revolve around the question of optimal financing and investment decisions in corporations, particularly merger and acquisition related decisions. Current projects include local valuation spillover effects in M&A activity, the real effects on corporate decision making of credit rating changes, and the disconnect between the stock market and the real economy. His research has been published in top academic journals like the Journal of Finance, the Review of Financial Studies, the Journal of Financial Economics, and the Journal of Banking and Finance. His research has been cited in the Wall Street Journal, The Economist, Business Week, NPR, and the New York Times. His paper “Why do private acquirers pay so little compared to public acquirers?” coauthored with Leonce Bargeron, Rene Stulz and Chad Zutter has won the Jensen Prize in Corporate Finance and Organizations awarded by the Journal of Financial Economics for best paper in 2009. Previous research has examined the decision to divest corporate divisions and the determinants of which division to divest as well as questions relating to the valuation of cross-border versus domestic mergers and acquisitions.

Courses Recently Taught

Undergraduate

  • Intro to Financial Management
  • Mergers, Acquisitions, and Corporate Restructuring 2021

Graduate

  • Financial Management (MBA), 2001-08

Executive (EMBA & IEMBA)

  • Introduction to Financial Management, 2001-12
  • Corporate Finance, 2001-07

Doctoral

  • Finance Seminar 1 (M&A and Corporate Restructuring)

Awards and Honors

  • Jensen Prize for Corporate Finance and Organizations for the best paper in the Journal of Financial Economics, 2009
  • Best paper award from the Journal of Corporate Finance, Conference and Special Issue on Corporate Control, Mergers, and Acquisitions, 2008
  • Nomination for Brattle Prize in Corporate Finance from the Journal of Finance, 2005

Degrees

  • PhD in Business Administration (Finance), The Ohio State University
  • MA in Business Administration (Finance), The Ohio State University
  • MA in Economics, University of Amsterdam
  • BA in Economics, University of Amsterdam

Recent Publications

  • Dion Bongaerts and Frederik P. Schlingemann, 2022, The real effects of rating actions: Evidence from corporate asset sales. Forthcoming in Management Science.
  • Frederik P. Schlingemann, and René M. Stulz, 2022, Have exchange-listed firms become less important for the economy? Journal of Financial Economics 143 (2), 927-958.
  • Shyam Kumar, Nandu Nagarajan, and Frederik P. Schlingemann, 2021. The performance of acquirers of founder CEO firms: The effect of founder firm premium. Strategic Entrepreneurship Journal 15-4, 619-646.
  • Leonce L. Bargeron, Frederik P. Schlingemann, René M. Stulz, and Chad J. Zutter, 2017. What is the shareholder wealth impact of target CEO retention in private equity deals? Journal of Corporate Finance 46, 186-206.
  • Jesse A. Ellis, Sara B. Moeller, Frederik P. Schlingemann, and René M. Stulz, 2017, Portable country governance and cross-border acquisitions, Journal of International Business Studies 48-2, 148-173.
  • Frederik P. Schlingemann and Hong Wu, 2015, Determinants and shareholder wealth effects on the sales method in M&A. Journal of Banking and Finance 59, 469-485.
  • Peter Roosenboom, Frederik P. Schlingemann, and Manuel Vasconcelos, 2014. Does stock liquidity affect the incentives to monitor? Evidence from corporate takeovers, Review of Financial Studies 27, 2392-2433.

Recent Working Papers

  • The real effects of rating actions: Evidence from corporate asset sales. ECGI Working Paper #666/2020. With Dion Bongaerts
  • Real effects of stock market valuations: Local valuation spillovers in M&A activity. With Anjana Rajamani
  • Why do managers announce the intention to sell assets? With Abe de Jong, Shazia Farhan, and Pouyan Ghazizadeh

Academic Area

Finance

CV

Schlingemann CV