Pitt Business: Joseph M. Katz Graduate School of Business & College of Business Administration

Frederik P. Schlingemann

Associate Professor of Finance

Office: 352 Mervis Hall
Phone: 412-648-1847
E-mail: schlinge@katz.pitt.edu

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

Courses Recently Taught

Graduate
Financial Management (MBA), 2001–06

Executive (EMBA & IEMBA)
Introduction to Financial Management, 2001–06
Corporate Finance, 2001–06
Curriculum Vitae
www.pitt.edu/~schlinge/vitae_081704.html

Download a PDF copy of my vita
www.pitt.edu/~schlinge/vitae_081704.pdf

Interest Group

Finance

Profile

Frederik P. Schlingemann is an associate professor of finance at the Katz Graduate School of Business at the University of Pittsburgh. 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, and Sao Paulo. 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 EMBA30, EMBA 31, and EMBA33.

Schlingemann's research interests revolve around the question of optimal financing and investment decisions in the corporation and how these decisions are linked. Current projects include how differences of opinion from analysts affect merger and acquisition values and outcomes and whether how firms grow, i.e., internally or through acquisitions, affect their performance. 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. 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.

Recent Publications

Frederik P. Schlingemann, René M. Stulz and Ralph A. Walkling, 2002, Divestitures and the liquidity of the market for corporate assets, Journal of Financial Economics 64, 117-144, reprinted in Corporate Restructuring, vol. 2, John Campbell and David J. Denis, ed., Edward Elgar Publishing, 2005.

Frederik P. Schlingemann, 2004, Financing decisions and bidder gains, Journal of Corporate Finance 10, 683-701

Sara B. Moeller, Frederik P. Schlingemann, and René M. Stulz, 2004, Firm size and the gains from acquisitions, Journal of Financial Economics 73, 201-228

Sara B. Moeller, Frederik P. Schlingemann, and René M. Stulz, 2005, Wealth destruction on a massive scale: A study of acquiring firm returns in the merger wave of the late 1990s, Journal of Finance 60, 757-782

Sara B. Moeller and Frederik P. Schlingemann, 2005, Global diversification and bidder gains: A comparison between cross-border and domestic acquisitions, Journal of Banking and Finance 29, 533-564

Sara B. Moeller, Frederik P. Schlingemann, and René M. Stulz, 2006, Do acquirers with more uncertain growth prospects gain less from acquisitions?, forthcoming Review of Financial Studies

Recent Working Papers

"The monitoring versus informational role of institutional investors: Evidence from seasoned equity offerings," with Ranjan D'Mello and Venkat Subramanian.

"Ownership structure and target returns", with Scott Bauguess, Sara B. Moeller, and Chad Zutter

"Serial acquirers and growth through acquisitions", with Sara B. Moeller and René M. Stulz.

"Do private bidders pay lower premiums", with Leonce Bargeron and Chad Zutter

Activities and Awards

Distinguished Professor Award—Executive MBA program (EMBA 33), 2006
Dean’s Teaching Excellence Award—Full-time MBA program, 2005
Nomination for Brattle Prize in Corporate Finance from the Journal of Finance, 2005
Dean’s Teaching Excellence Award—Executive MBA program, 2004
Distinguished Professor Award—Executive MBA program (EMBA 31,) 2004
Dean’s Teaching Excellence Award—Executive MBA program, 2003
Distinguished Professor Award—Executive MBA program (EMBA 30), 2003
Outstanding Faculty of the Year Award—International Executive MBA program, 2003
Outstanding Faculty of the Year Award—International Executive MBA program, 2002
Dean’s Teaching Excellence Award—College of Business Administration program, 2001
Program Committee Eastern Finance Association, 1999
Program Committee Eastern Finance Association, 2000
Program Committee Financial Management Association, 2002
Ad-hoc Referee for the Journal of Financial Economics, Journal of Finance, Journal of Banking and Finance, Financial Management, Journal of Corporate Finance, Financial Review, Sloan Management Review
Max M. Fisher College of Business Travel Award, 1998
Max M. Fisher College of Business Travel Award, 1997
FMA/NASD Doctoral Student Fellowship, 1997