Florian Kiesel

Florian Kiesel is Associate Professor in Corporate Finance. He received his doctoral degree in Economics and Finance from the Technical University of Darmstadt, Germany. Before joining the Free University of Bozen-Bolzano, he was Assistant and Associate Professor at Grenoble Ecole de Management, France, and Visiting Professor at Zeppelin University in Friedrichshafen, Germany. His research has been published in international journals, such as Journal of Money, Credit and Banking and Journal of Banking & Finance. In 2019, he was ranked as one of the top 200 scientists (best 7%) in business administration in the German speaking countries Germany, Austria, and Switzerland.

Main Research Areas

• Credit Ratings, CDS, ESG, M&A, Textual Analysis

Education

• Habilitation im Fach Betriebswirtschaftslehre Technische Universität Darmstadt (2016 — 2019)
• Dr. rer. pol. Technische Universität Darmstadt (2013 — 2016)
• Master of Science (M.Sc.) Technische Universität Darmstadt (2006 — 2013)

AWARDS AND GRANTS

• Research Award, 2018 Emerald Literati Award. Highly commended article awarded by the Editorial team
• Reviewer Award, Outstanding Contribution in Reviewing (International Journal of Production Economics)
• Research Award, KPMG’s Student Award 2017. Prize for doctoral (PhD) dissertation (1,000 Euro).
• Grenoble Ecole de Management internal fund for the project “Financial innovation and the impact on firms’ ESG strategy” (with Jan Schnitzler)
• Ingenium Support Package to organize an international seminar at the St. Petersburg State University of Economics with graduate students.
• German Academic Exchange Service (DAAD) grant to participate at the 2017 Midwest Finance Association Annual Meeting in Chicago.
• Freunde der TU Darmstadt grant to participate at the 2016 European Financial Management Association Annual Meeting in Basel.

Publications in peer-reviewed journals

2022

SPAC merger announcement returns and subsequent performance (with N. Klingelhöfer, D. Schiereck, and S. Vismara). European Financial Management, Forthcoming.

Political and socio-economic factors that determine the financial outcome of successful green innovation (with K. Riehl and D. Schiereck). Sustainability, Vol. 14 No. 6, 3651.

2021

Citations and the readers' information-extracting costs of finance articles (with M. Berninger, D. Schiereck, and E. Gaar). Journal of Banking & Finance, Vol. 131, 106188.

Market discipline through credit ratings and too-big-to-fail in banking (with S. Kolaric and S. Ongena). Journal of Money, Credit & Banking, Vol. 53, pp. 367-400.

To change or not to change? The CDS market response of firms on credit watch (with S. Kolaric, L. Norden, and D. Schiereck). Journal of Banking & Finance, Vol. 125, 106067.

It's the tone stupid! Soft information in credit rating reports and financial markets. Journal of Financial Research, Vol. 44 No. 3, pp. 553-585.

Green bonds: Shades of green and brown (with M. Immel, B. Hachenberg, and D. Schiereck). Journal of Asset Management, Vol. 22 No. 2, pp. 96-109.

Divestiture and its market reaction in a consolidating industry: The global brewing industry (with L. Erl). Journal of Wine Economics, Vol. 16 No. 3, pp. 239-259.

2020

The conditional stock market response to banks’ distressed asset sales on CDS availability (with F. Manz and D. Schiereck). Applied Economics, Vol. 52 No. 56. pp. 6123-6135.

Environmental, social and governance reporting in annual reports: A textual analysis (with P. Baier and M. Berninger). Financial Markets, Institutions & Instruments, Vol. 29 No. 3, pp. 93-118.