The management and supervision of German companies is currently the subject of intense debate and is being examined both through empirical and analytical studies. The former are required because statements are often found in formal models that the relevance of certain assumptions or the occurrence of certain results is an "empirical question". It is also important to check the findings of formal models for their ability to forecast entrepreneurial activity. On the one hand, empirical studies can therefore be inspired by formal models, but on the other hand they can also be the initiator of more extensive formal studies. The institute uses empirical studies to consider selected issues of operational corporate governance. These include, for example, the relative performance measurement of executive boards of German stock corporations, the publication behavior with regard to the remuneration of executive board members and the real and financial effects of stock option programs..
- Ball, R., Hofmann, C., & Löffler, A. (forthcoming). The role of public information in capital markets with investors of unknown risk attitudes. European Accounting Review.
- Hofmann, C., & Zacherl, M. (2023). Greenwashing and CEO integrity. Sustainable World Quarterly, 1(3), 92–97.
- Abernethy, M. A., Bouwens, J., Hofmann, C., & van Lent, L. (2023). Altruism, social norms, and incentive contract design. Review of Accounting Studies, 28(2), 570–614.
- Hung, M., Abernethy, M. A., Hofmann, C., & van Lent, L. (2022). Benefits of independent agents’ entrepreneurship: Evidence from the loan market. Journal of Management Accounting Research, 34(3), 141–160.
- Hofmann, C., & Schwaiger, M. (2020). Religion, crime, and financial reporting. Journal of Business Economics, 90(5), 879–916.
- Bormann, I., Claassen, C., Hofmann, C., & Schwaiger, M. (2020). Conservative traits and managerial forecasting style. Journal of Business Economics, 90(3), 335–368.
- Hofmann, C., & Rothenberg, A. (2019). Forecast accuracy and consistent preferences for the timing of information arrival. Contemporary Accounting Research, 36(4), 2207–2237.
- Arnegger, M., Hofmann, C., Pull, K., & Vetter, K. (2014). Firm size and board diversity. Journal of Management and Governance, 18(4), 1109–1135.
- Arnegger, M., & Hofmann, C. (2014). Überprüfung des Zusammenhangs von Mandatsträgereigenschaften, Aufgaben und der Vergütung von deutschen Aufsichtsräten. Zeitschrift für betriebswirtschaftliche Forschung, 66(8), 518–566.
- Hofmann, C., & Hofmann, Y. (2013). Unternehmenszusammenschluss und Unternehmenskultur—Auswirkungen auf die Gestaltung von Anreizsystemen und Performancemessung. Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung, 65(2), 136–166.
- Heinle, M. S., & Hofmann, C. (2013). Transient institutional investors, incentives, and disclosure. Die Betriebswirtschaft, 73(1), 73–86.
- Heinle, M. S., & Hofmann, C. (2011). Soft information and the stewardship value of accounting disclosure. OR Spectrum, 33(2), 333–358.
- Arnegger, M., Hofmann, C., Pull, K., & Vetter, K. (2010). Unterschiede in der fachlichen und demographischen Zusammensetzung deutscher Aufsichtsräte – Eine empirische Analyse für HDAX- und SDAX-Unternehmen. Die Betriebswirtschaft, 70(3), 239–257.
- Hofmann, C., Pfeiffer, T., & Reichel, S. (2009). Zur relativen Performancemessung von Führungskräften deutscher DAX-Unternehmen. Die Betriebswirtschaft, 69(5), 551–570.
- Burghof, H.-P., & Hofmann, C. (2004). Disclosure of board remuneration in large European banks. Corporate Ownership & Control, 1(2), 122–136.