Christian Flore, M.Sc.
Office: S1|02 46a
work +49 6151 16-24295
fax +49 6151 16-24299
In his research, Christian Flore is generally concerned with the empirical study of capital markets. One special interest concerns the effects of legal proceedings on corporations. During the last decade, and especially after the recent financial crisis, the law enforcement against corporations as well as the penalties imposed on corporations experienced a marked increase. This concerns criminal prosecutions (e. g., criminal fraud prosecuted by the U. S. Department of Justice), regulatory actions by public authorities (e. g., non-criminal fraud, antitrust), as well as enforcement actions by private parties (e. g., shareholder class actions). This development reflects a heightened scrutiny and determination of regulators, which increases the importance of legal enforcement actions for corporations.
Selected Working Papers
Flore, C., Degryse, H., Kolaric. S., Schiereck. D.
Forgive Me All My Sins: How Penalties Imposed on Banks Travel Through Markets
available on SSRN