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Prof. Martin C. Schmalz, PhD


Member of the Global Faculty

Professor of Finance, Saïd Business School, University of Oxford

Martin Schmalz is an Associate Professor of Finance (with tenure) at the University of Oxford’s Saïd Business School. He previously served as the NBD Bancorp Assistant Professor in Business Administration, Harry H. Jones Research Scholar, and as an Assistant Professor of Finance at the University of Michigan’s Stephen M. Ross School of Business and a Faculty Affiliate of the Center on Finance, Law, and Policy at the University of Michigan.  He holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart (Germany) and a M.A. and PhD in Economics from Princeton University (USA). 

Schmalz has published papers on entrepreneurship, corporate finance and governance, behavioral finance and asset pricing, and various studies of the asset management industry. His research on how the ownership structure of firms affects firm behavior and market outcomes has affected policy-making and antitrust enforcement worldwide. He was invited to present to regulators and policy makers across the globe, including the US Department of Justice, The White House Council of Economic Advisers, European Commission, European Parliament, OECD, various central banks, and at universities across America, Europe, Asia, and Australia.

Representative publications:

Contribution to KPA II:

Martin Schmalz is a financial economist. His research at the interface of financial markets and behavioral research ideally enriches and complements KPA II's “Design & Behavior” focus in both, the Center of Excellence C-SEB and the Cluster of Excellence ECONtribute. Moreover, his expertise in data science and Artificial Intelligence technologies nicely complements the methods expertise in Cologne and is a superb basis for collaborations in economic design projects.