portrait photo

Margarethe Rammerstorfer

Univ.Prof. Mag.Dr.rer.soc.oec. Margarethe Rammerstorfer
Telephone:
+43 1 31336 5995
Email:
Contact information and photo taken from and editable at WU Directory.

CV

since 2016
Program Director for Master in Finance and Accounting
since 2016
University Professor for Finance, Vienna University of Economics and Business
2014-2016
Department Head of International Management, Associate Professor for Finance and Accounting at MODUL University
2014-2016
Head of Industry Advisory Board for International Management at MODUL University
2014-2016
Program area director for BSC in International Management at MODUL University
2013
Habilitation
2011-2012
Assistant Professor at the Institute for Banking, Finance, and Insurance, Vienna University of Economics and Business- Post Doc
2008-2010
Assistant Professor at the Institute for Corporate Finance, Vienna University of Economics and Business- Post Doc
2007-2008
Senior Consultant at the WIK GmbH, Bad Honnef
2007
conferral of a doctorate
2005-2007
Research and Teaching Assistant at the Institute for Regulatory Economics
2004-2005
Research and Teaching Assistant at the Institute of Finance and Financial Markets, Department of Corporate Finance at the Vienna University of Economics and Business
2004
Graduation

Researcher Identifier

Awards and Honors

No awards found.

Classifications

  • 5347 Operations research (Details)
  • 5358 Corporate finances (Details)
  • 5361 Financial management (Details)

Expertise

  • Energy Finance
  • Finance
  • Green Finance
  • Impact Investment
  • Regulation
  • Social Finance
  • Economics

Activities

Position in internal committee for appointments
  since 2017 Finance Banking and Insurance
  since 2017 Empirical Economics
Position in internal habilitation committee
  2019 WU Wien - VWL
  2018 WU Wien International Management - Gutachterin
  2018 WU Wien FAS - Gutachterin
  2017-2018 WU Wien- Institut for production management
  2017 WU Wien - Department Finance, Accounting and Statistics - Mitglieder der Habilkommission
Membership in scientific association
  2018 AAEE Präsidium
Reviewer for a scientific journal
  None Journal of Institutional and Theoretical Economics - Referee
  since 2015 European Journal of Operational Research - Referee
  since 2010 Journal of Futures Markets - Referee Journal of Futures Markets
  since 2010 Energy Policy - Referee Energy Policy
  since 2010 Energy Economics - Referee Energy Economics
Series editor
  since 2017 Springer - Springer Series Sustainable Finance
Reviewer for an international conference
  2018 IAEE Groningen
  2018 EWFS
Research Cooperation
  since 2019 UNIDO
  since 2018 Umweltbundesamt
  since 2018 Modul University
  since 2017 Macquarie University Sydney
  since 2017 IMFINO
Supervisor dissertation
  since 2016 Modul University
Candidate for a chair
  2013 Universität Ulm

Publications

Journal article

2017 Gasser, Stephan, Rammerstorfer, Margarethe, Weinmayer, Karl. 2017. Markowitz Revisited Social Portfolio Engineering. European Journal of Operational Research (EJOR) 258 (3), 1181-1190. (Details)
  Rammerstorfer, Margarethe, Kremser, Thomas . 2017. Predictive Performance and Bias - Evidence from Natural Gas Markets. Journal of Management and Sustainability 7 (2), 1-26. open access (Details)
2016 Rammerstorfer, Margarethe, Kremser, Thomas. 2016. The Convenience Yield Implied in the European Natural Gas Markets. - 9 (3), 27-58. (Details)
2015 Dockner, Engelbert, Eksi-Altay, Zehra, Rammerstorfer, Margarethe. 2015. A Convenience Yield Approximation Model for Mean-Reverting Commodities. Journal of Futures Markets, 35 (7), 625-654. (Details)
  Bogner, Stefan, Gasser, Stephan, Rammerstorfer, Margarethe. 2015. M&As in European and North American Energy Markets: Implications for the Assessment of Legal and Ownership Unbundling. Journal of Competition Law and Economics 11 (4), 935-955. (Details)
2014 Rammerstorfer, Margarethe, Kremser, Thomas, Gasser, Stephan, Bremberger, Francisca. 2014. The Impact of EU ETS Price Variations on Germany's Electricity Production Mix. Die Unternehmung - Swiss Journal of Business Research and Practice 68 (3), 164-180. (Details)
2013 Dockner, Engelbert, Rammerstorfer, Margarethe, Kucsera, Denes. 2013. Investment, Firm Value, and Risk for a System Operator Balancing Energy Grids. Energy Economics 37 182-192. (Details)
  Gugler, Klaus, Rammerstorfer, Margarethe, Schmitt, Stephan. 2013. Ownership Unbundling and Investment in Electricity Markets - A Cross CountryStudy. Energy Economics 40, 702-713. (Details)
2012 Hochradl, Markus, Rammerstorfer, Margarethe. Forthcoming. The Convenience Yield Implied in European Natural Gas Hub Trading. Journal of Futures Markets (Details)
  Bremberger, Christoph, Bremberger, Francisca, Rammerstorfer, Margarethe. 2012. The Impact of Different Unbundling Scenarios on Wholesale Prices in Energy Markets. Energy Journal 33 (3), 183-213. (Details)
2011 Eisl, Roland, Rammerstorfer, Margarethe. 2011. Carbon Capture and Storage- Investment Strategies for the Future?. Energy Policy forth-coming. (Details)
2010 Rammerstorfer, Margarethe, Nulsch, Nicole , Growitsch, Christian. 2010. Preventing Innovative Cooperations: The Legal Exemptions Unintended Side Effect. European Journal of Law and Economics 30 (Oct): 1-22. (Details)
  Rammerstorfer, Margarethe. 2010. Constrained Divestiture and Ownership Unbundling. Competition and Regulation in Network Industries 11 (3): 264-286. (Details)
2009 Rammerstorfer, Margarethe, Stronzik, Marcus, Neumann, Anne. 2009. Does the European Natural Gas Market Pass the Competitive Benchmark of the Theory of Storage? Indirect Tests for Three Major Trading Points. Energy Policy 37 5432-5439. (Details)
  Rammerstorfer, Margarethe, Kobialka, Marek. 2009. Regulatory Risk and Market Reactions – Empirical Evidence from Germany. Zeitschrift für Energiewirtschaft (3): 221-227. (Details)
  Rammerstorfer, Margarethe. 2009. Risk Acceptance and Regulatory Risk. Competition and Regulation in Network Industries 10 (3): 235-258. (Details)
  Rammerstorfer, Margarethe, Wagner, Christian. 2009. Reforming minute reserve policy in Germany: A step towards efficient markets?. Energy Policy 37 (9): 3513-3519. (Details)
  Rammerstorfer, Margarethe, Nagel, Thomas. 2009. Modeling Investment Behavior under Price Cap Regulation. Central European Journal for Operations Research and Economics (CEJORE) 12 (2): 111-119. (Details)
2008 Rammerstorfer, Margarethe, Müller, Gernot. 2008. A Theoretical Analysis of Procurement Auctions for Minutes Reserve Control in Germany. Energy Policy 36 (7): 2620-2627. (Details)
  Rammerstorfer, Margarethe. 2008. Investitionen im regulativen Umfeld - Ein Überblick über den aktuellen Stand der Forschung. Zeitschrift für Wirtschaftspolitik 57 (1): 73-91. (Details)
  Rammerstorfer, Margarethe, Nagel, Thomas. 2008. Price Cap Regulation and Investment Behavior - How Real Options can explain Underinvestment. The Journal of Energy Markets 1 (4): 50-75. (Details)
2007 Rammerstorfer, Margarethe. 2007. Structural Breaks in the Austrian Electricity and Gas Sector. Zeitschrift für Energiewirtschaft 195-201. (Details)

Contribution to conference proceedings

2008 Rammerstorfer, Margarethe, Growitsch, Christian, Weber, Christoph. Erscheinend. Redesigning the balancing power market in Germany – a critical assessment. In EEM Proceedings, Hrsg. IEEE explore, (Details)
  Rammerstorfer, Margarethe, Neumann, Anne, Stronzik, Marcus. Erscheinend. Theory of Storage – An Empirical Assessment of the European Natural Gas Market. In EEM08 Conference Proceedings, Hrsg. IEEE explore, (Details)

Paper presented at an academic conference or symposium

2018 Mittelbach-Hörmanseder, Stéphanie, Hummel, Katrin, Rammerstorfer, Margarethe. 2018. Information Content of CSR Disclosure in Europe. Annual Meeting of the European Accounting Association, Milano, Italien, 30.05-01.06. (Details)
2017 Rammerstorfer, Margarethe, Weinmayer, Karl, Gasser, Stephan. 2017. DEA Portfolio Modeling - The Case of Socially Responsible Investing. World Finance Conference, Sardinia, Italien, 26.07-28.07. (Details)
  Weinmayer, Karl, Rammerstorfer, Margarethe, Gasser, Stephan. 2017. DEA Portfolio Modeling - The Case of Socially Responsible Investing. Southern Finance Association, Key West, Vereinigte Staaten/USA, 15.11. - 18.11. (Details)
2016 Gasser, Stephan, Rammerstorfer, Margarethe, Weinmayer, Karl. 2016. DEA Portfolio Modeling - The Case of Socially Responsible Investing. The 29th Australasian Finance & Banking Annual Meeting, Sydney, Australien, 14.12-16.12. (Details)
  Gasser, Stephan, Rammerstorfer, Margarethe, Weinmayer, Karl. 2016. Markowitz Revisited: Social Portfolio Engineering. World Finance Symposium, Dubai, Vereinigte Arabische Emirate, 14.12.-15.12. (Details)
2015 Gasser, Stephan, Kremser, Thomas, Rammerstorfer, Margarethe, Weinmayer, Karl. 2015. Markowitz Revisited: Social Portfolio Engineering. 22nd Annual Conference of the MFS, Halkidiki, Griechenland, 28.06-01.07.. Invited Talk (Details)
  Gasser, Stephan, Kremser, Thomas, Rammerstorfer, Margarethe, Weinmayer, Karl. 2015. Markowitz Revisited: Social Portfolio Engineering. 66. Berg- und Hüttenmännischer Tag - Ressourcen und Verhalten, Freiberg, Deutschland, 18.06. - 20.06.. Vortrag auf Einladung (Details)
  Gasser, Stephan, Kremser, Thomas, Rammerstorfer, Margarethe, Weinmayer, Karl. 2015. Markowitz Revisited: Social Portfolio Engineering. 2015 MFA Annual Meeting, Chicago, Vereinigte Staaten/USA, 04.03.-07.03.. Invited Talk (Details)
  Gasser, Stephan, Kremser, Thomas, Rammerstorfer, Margarethe, Weinmayer, Karl. 2015. Markowitz Revisited: Social Portfolio Engineering. Workshop on Ethics in Finance and Investment, Frankfurt, Deutschland, 02.10. (Details)
  Gasser, Stephan, Kremser, Thomas, Rammerstorfer, Margarethe, Weinmayer, Karl. 2015. Markowitz Revisited: Social Portfolio Engineering. SFA 2015 Annual Meeting, Captiva, Vereinigte Staaten/USA, 18.11.-21.11. (Details)
2014 Gasser, Stephan, Kremser, Thomas, Rammerstorfer, Margarethe, Weinmayer, Karl. 2014. Markowitz Revisited: Social Portfolio Engineering. 27th Australasian Finance and Banking Conference, Sydney, Australien, 16.12.-18.12.. Invited Talk (Details)
  Kremser, Thomas, Kremslehner, Daniela, Rammerstorfer, Margarethe. 2014. Rating Agencies' Monitoring Service - Evidence from the Sovereign CDS Market. Multinational Finance Society, Prag, Tschechische Republik, 29.06.-01.07. (Details)
2013 Kremser, Thomas, Rammerstorfer, Margarethe. Forthcoming. The Convenience Yield implied in the European natural gas markets - The Impact of Macrofactors and Weather. Eastern Finance Association 2013 Annual Meetings, St. Pete Beach, Vereinigte Staaten/USA, 10.04.-13.04.2013. (Details)
  Bogner, Stefan, Gasser, Stephan, Rammerstorfer, Margarethe. 2013. M&As in European and North American Energy Markets: Implications for the Assessment of Legal and Ownership Unbundling. 22nd European Financial Management Association Annual Meeting, Reading, Großbritannien, 26.06.-29.06.. Invited Talk (Details)
  Bremberger, Francisca, Gasser, Stephan, Kremser, Thomas, Rammerstorfer, Margarethe. 2013. Transforming Europe: Germany's Electricity Mix and Welfare in Light of EU ETS Certificate Prices. 13th European IAEE Conference 2013, Düsseldorf, Deutschland, 18.08.-21.08.. Invited Talk (Details)
2012 Bogner, Stefan, Gasser, Stephan, Rammerstorfer, Margarethe. 2012. M&As in European and North American Energy Markets: Implications for the Assessment of Legal & Ownership Unbundling An Event Study Analysis. 5th International Workshop on Empirical Methods in Energy Economics (EMEE 2012) at DIW Berlin [Deutsches Institut für Wirtschaftsforschung], Berlin, Deutschland, 07.06.-08.06.. Invited Talk (Details)
  Kremser, Thomas, Rammerstorfer, Margarethe. 2012. Risk Premium - The Case of Unrealized Expectations in the Natural Gas Markets. The 61st Annual Meeting of the Midwest Finance Association (2012), New Orleans, Vereinigte Staaten/USA, 22.02.-25.02.. (Details)
2011 Bogner, Stefan, Gasser, Stephan, Rammerstorfer, Margarethe. 2011. Do Merger Announcements Create Value? A Comparison of European and North American Energy Markets. 26. Workshop der Austrian Working Group on Banking and Finance, Klagenfurt, Österreich, 25.11.-26.11.. (Details)
  Bogner, Stefan, Gasser, Stephan, Rammerstorfer, Margarethe. 2011. Utility mergers, unbundling, and synergy effects. 14th Economics of Infrastructures Conference, Delft, Niederlande, 26.05.-27.05.. (Details)
  Kremser, Thomas, Rammerstorfer, Margarethe. 2011. Convenience Yield and Risk Premium - Comparison of the European and US Natural Gas Markets. The 38th Annual Conference of the European Association for Research in Industrial Economics, Stockholm, Schweden, 01.09.-03.09.. (Details)
  Gugler, Klaus, Schmitt, Stephan, Rammerstorfer, Margarethe. 2011. The Trade-off Between Static and Dynamic Efficiency in Electricity Markets - A Cross Country Study. EARIE, Stockholm, Schweden, 01.09.-03.09. (Details)
  Schmitt, Stephan, Gugler, Klaus, Rammerstorfer, Margarethe. 2011. The Trade-Off Between Static and Dynamic Efficiency in Electricity Markets - A Cross Country Study. CRESSE, Rhodes, Griechenland, 01.07-03.07. (Details)
  Kremser, Thomas, Rammerstorfer, Margarethe. 2011. Risk premium - The Case of Unrealized Expectations in the Natural Gas Markets. The 26th Workshop of the Austrian Working Group on Banking and Finance, Klagenfurt, Österreich, 25.11.-26.11.. (Details)
2010 Schmitt, Stephan, Rammerstorfer, Margarethe. 2010. Ownership unbundling, investments and consumer prices - A panel data analysis. CRNI, Brüssel, Belgien, 19.11.2010. (Details)
  Kucsera, Denes, Rammerstorfer, Margarethe. 2010. Grid Expansion Investments When Production is Uncertain - a Real Options Model in the Context of Renewables.. 23rd Australasian Finance and Banking Conference, Sydney, Australien, 15. 12 - 17. 12. (Details)
  Schmitt, Stephan, Rammerstorfer, Margarethe. 2010. Ownership unbundling, investments and consumer prices - A panel data analysis. USAEE, Calgary, Kanada, 14.10.-16.10.. (Details)
  Kucsera, Denes, Dockner, Engelbert, Rammerstorfer, Margarethe. 2010. The Value and risk Implications of Grid Expansion Investments. Infratrain, 8th course on "Applied Infrastructure Research and Policy Training", Berlin, Deutschland, 4.10-9.10. (Details)
  Kucsera, Denes, Dockner, Engelbert, Rammerstorfer, Margarethe. 2010. Value and Risk Implication of grid Expansion Investments. USAEE/IAEE 29th Nord american conference, Calgary, Kanada, 14.10-16.10. (Details)
  Bremberger, Christoph, Bauer, Francisca, Rammerstorfer, Margarethe. 2010. The Impact of Different Unbundling Scenarios on Concentration and Wholesale Prices in Energy Markets. EEA, Glasgow, Großbritannien, 23.08.-26.08.. (Details)
  Bauer, Francisca, Bremberger, Christoph, Rammerstorfer, Margarethe. 2010. The Impact of Different Unbundling Scenarios on Concentration and Wholesale Prices in Energy Markets. 11. Symposium Energieinnovation, Graz, Österreich, 10.02.-12.02. (Details)
  Bauer, Francisca, Bremberger, Christoph, Rammerstorfer, Margarethe. 2010. The Impact of Different Unbundling Scenarios on Concentration and Wholesale Prices in Energy Markets. IAEE, Rio de Janeiro, Brasilien, 06.06.-09.06. (Details)
  Kremser, Thomas, Rammerstorfer, Margarethe. 2010. Convenience Yield and Risk Premium - Comparison of the European and US Natural Gas Markets. The 23rd Australasian Finance and Banking Conference, Sydney, Australien, 15.12.-17.12.. (Details)
2009 Rammerstorfer, Margarethe. 2009. Carbon Capture and Storage - Investment Strategies for the Future. Derivatives Down Under, Melbourne, Australien, 04.04-05.04. (Details)
  Rammerstorfer, Margarethe. 2009. Constrained Divestiture and Ownership Unbundling. IAEE, Wien, Österreich, 07.09-10.09. (Details)
  Rammerstorfer, Margarethe. 2009. Constrained Divestiture and Ownership Unbundling. Infraday, Berlin, Deutschland, 09.10-10.10. (Details)
  Rammerstorfer, Margarethe, Eisl, Alexander. 2009. Optimal Bidding Strategies for German Power Reserves. INREC, Duisburg-Essen, Deutschland, 05.10-06.10. (Details)
2008 Rammerstorfer, Margarethe, Nagel, Thomas. 2008. Investment Decisions under Market Concentration and Price Regulation. Derivatives Down Under, Melbourne, Australien, 19.03. (Details)
  Rammerstorfer, Margarethe, Growitsch, Christian, Weber, Christoph. 2008. Redesigning the balancing power market in Germany – a critical assessment. EEM, Lissabon, Portugal, 28.05-30.05. (Details)
  Neumann, Anne, Stronzik, Marcus, Rammerstorfer, Margarethe. 2008. Theory of Storage – An Empirical Assessment of the European Natural Gas Market. EEM, Lissabon, Portugal, 28.05-30.05. (Details)
  Kobialka, Marek, Rammerstorfer, Margarethe. 2008. Regulatory Risk and Market Reactions - Empirical Evidence from Germany. IASK International Conference Global Management 2008, Porto, Portugal, 13.10.-15.10. (Details)
  Kobialka, Marek, Rammerstorfer, Margarethe. 2008. Regulatory Risk and Market Reactions - Empirical Evidence from Germany. The 21st Australasian Finance and Banking Conference 2008, Sydney, Australien, 16.12.-18.12. (Details)
2007 Nagel, Thomas, Rammerstorfer, Margarethe. 2007. Assigning Market Power to Price Cap Regulation by the Analysis of Investment Decisions. PARIS FINANCE INTERNATIONAL MEETING, Paris, Frankreich, 20.12.-21.12.. (Details)
  Nagel, Thomas, Rammerstorfer, Margarethe. 2007. Investment Decisions under Uncertainty and Price Cap Regulation. 30th Conference of the International Association of Energy Economics, Wellington, Neuseeland, 18.02.-21.02.. (Details)
2006 Nagel, Thomas, Rammerstorfer, Margarethe. 2006. Investment Decisions under Uncertainty and Price Cap Regulation. 19th Australasian Finance and Banking Conference, Sydney, Australien, 13.12.-15.12. (Details)
  Rammerstorfer, Margarethe. 2006. The Effects of Regulation and Regulatory Risk in the Austrian Electricity Industry - An Event Study. EARIE Conference, Amsterdam, Niederlande, 25. - 27. August. (Details)

Working/discussion paper, preprint

2019 Rammerstorfer, Margarethe, Eksi-Altay, Zehra, Trueck, Stefan. 2019. Convenience Yield Modelling - One model fits all. (Details)
  Rammerstorfer, Margarethe, Amon, Julian. 2019. Ecological Portfolios - Evidence from screening, divestment and alternatives. (Details)
  Rammerstorfer, Margarethe, Mittelbach-Hörmanseder, Stéphanie, Hummel, Katrin, Hummel, Katrin. 2019. Implied Cost of Capital, Risk and Return via content analysis. (Details)
  Rammerstorfer, Margarethe, Mittelbach-Hörmanseder, Stéphanie, Weinmayer, Karl, Hummel, Katrin. 2019. Investor Awareness - CSR concerns and Textual Analysis. (Details)
2018 Gasser, Stephan, Rammerstorfer, Margarethe, Weinmayer, Karl. 2018. DEA Portfolio Modeling - The Case of Socially Responsible Investing. (Details)
  Rammerstorfer, Margarethe, Amon, Julian, Weinmayer, Karl. 2018. Passive ESG portfolio management . (Details)
2017 Rammerstorfer, Margarethe, Weinmayer, Karl, Bressan, Silvia. 2017. Bank Holding Company Efficiency and Parent-Subsidiary Financing. (Details)
  Rammerstorfer, Margarethe, Mittelbach-Hörmanseder, Stéphanie, Hummel, Katrin. 2017. Information Content of Corporate Social Responsibility Disclosure in Europe. (Details)
  Rammerstorfer, Margarethe, Schick, Antonius. 2017. The effects of balancing/reserve markets on the system operators' cost of capital. (Details)
  Rammerstorfer, Margarethe, Brunekreeft, Gert. 2017. What to do with „OPEX-risk“ in regulated monopolies facing OPEX-shifts? (Details)

Diploma thesis

2003 Rammerstorfer, Margarethe. 2003. Effizienzanalyse österreichischer Kinderheime. Diplomarbeit, WU Wien. (Details)

Miscellaneous

2008 Rammerstorfer, Margarethe, Growitsch, Christian, Nusch, Nicole. 2008. Preventing Innovative Cooperations: The Legal Exemptions Unintended Side Effect. IWH-Diskussionspapiere. (Details)
  Rammerstorfer, Margarethe, Müller, Gernot, Growitsch, Christian. Erscheinend. Der deutsche Regelenergiemarkt - Theoretische und empirische Analyse des Ausschreibungsdesigns für Minutenreserve. Sammelband zur Tagung der Fachschaft "Wirtschaft-und Sozialwissenschaften" des Cusanuswerks - Governance und Marktdesign. (Details)
  Rammerstorfer, Margarethe, Neumann, Anne , Stronzik, Marcus. 2008. Wettbewerb im Markt für Erdgasspeicher. Diskussionsbeitrag WIK Nr. 305. (Details)
  Rammerstorfer, Margarethe, Growitsch, Christian. 2008. Zur wettbewerblichen Wirkung des Zweivertragsmodells im deutschen Gasmarkt. Diskussionsbeitrag WIK Nr. 303. (Details)
2007 Rammerstorfer, Margarethe, Müller, Gernot, Growitsch, Christian, Weber, Christoph. 2007. Determinanten der Preisentwicklung auf dem deutschen Minutenreservemarkt. Diskussionsbeitrag WIK Nr. 300. (Details)

Projects

  • No projects found.