Marc Steffen Rapp
Professor
Om
Departments
Institut for Regnskab
Bestyrelse
Økonomistyring
Finansiering
Værdiansættelse
Benchmarking
ESG
Primary research areas
Sustainable Finance
What obstacles hinder the channeling of funds to sustainable investments, and what potential mechanisms could facilitate this process? What role can central banks, commercial banks, and other financial institution play?
Corporate Governance and Capital Allocation
What drives capital allocation within firms, and what obstacles hinder its role in putting strategy into action?
Family Firms
What makes family firms unique and what are the consequences their behavior and performance?
Labor and Finance
How do labor, finance, and their interplay contribute to firm productivity, and what role does labor market regulation play in this regard?
Co-determined Boards
How do board-level employee representatives influence firm behavior?
I Study Efficiency and Productivity in Service of Society
I Study Efficiency and Productivity in Service of Society
To sustain a strong and sustainable welfare state, we need a competitive economic sector that creates value to be shared within society. Studying efficient and effective solutions is therefore essential. My ambition is to contribute to this endeavor.
Publications
See all publications2025
Board-Level Employee Representation and Risk Sharing Between Shareholders and Employees
Evidence From the German Codetermination Act of 1976
Marc Steffen Rapp, Professor
Julia Udoeiva-Wagner
maj 2023
Why Do Firms Down-list or Exit from Securities Markets?
Evidence from the German Stock Exchange
Go to publication2023
Does Finance Benefit Society?
Financial Sector Size and Labor Market Performance
Marc Steffen Rapp, Professor
Iuliia A. Udoieva
Recent research projects
Central banks and green finance
This research project examines which central banks respond to public expectations to activate mainstream finance for green projects and whether markets react to central banks commitment to do so.
Performance Ambition of Family Firms
This research project studies performance ambitions of family firms. It often comes with risk and due to unique situation family firms might have a different approach to deal with the risk-return.
Firms’ responses to labor market regulation
This project studies how different firms respond to labor market regulations. Designed as a long-term research project, Issues of interest are investments, leverage, cash holdings among others
Unintended Consequences of Value-based Management and Control Systems
Many MCS are focusing on “managing for value” and the literature has shown that they often are successful in that regard. However, what are the unintended consequences of such MCS