Martin Schmalz

Martin Schmalz is Professor of Finance and Economics at Saïd Business School, University of Oxford. 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) . Prof. Schmalz is the Academic Director of Oxford’s Blockchain Strategy Programme, and co-director of the Open Banking & AI in Finance Programme. He co-authored “The Business of Big Data: How to Create Lasting Value in the Age of AI”, and was featured as one of the “40 under 40” best business school professors worldwide at the age of 33. 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. His prize-winning research focuses on corporate governance and asset management. It has been published in The Journal of Finance, Journal of Financial Economics, and Review of Financial Studies, and was covered, among others, by The New York Times, The Economist, Wall Street Journal, Financial Times, Bloomberg, The New Yorker, The Atlantic, Forbes, Fortune, Handelsblatt, and Frankfurter Allgemeine Zeitung.

Is There Really a Conflict Between Better Corporate Governance and More Competitive Product Markets?

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How Market Power Worsens Income Inequality

Inequality in stock ownership has grown considerably over the past two decades and is far more pronounced than inequality in consumption or income. A...

Why Firms’ Shareholders Condone Seemingly “Excessive” Executive Pay Packages, and What it Means For the Economy

If the large mutual funds are out to improve governance, why do they condone, if not encourage, seemingly excessive and performance-insensitive compensation packages? A new...

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