Ulrich Hommel Ulrich Hommel is an associate director of quality services at the European Foundation for Management Development and, as one of the EPAS directors, is responsible for the EFMD Programme Accreditation System . He is also a professor of finance and the director of the Strategic Finance Institute at the EBS Business School based in Wiesbaden, Germany .Academic qualifications Hommel earned a Ph.D. in economics from The University of Michigan in 1994 and successfully completed his habilitation in business administration at the WHU-Otto Beisheim School of Management in 2002.Professional career After completing his doctoral studies, Hommel joined the faculty of the WHU as an assistant professor of finance in 1994. He joined the faculty of the EBS Business School in 2000 and was appointed full professor of finance in 2002. Hommel served as academic dean of the EBS from 2000 to 2002 and was subsequently the rector of the EBS as well as the managing director of the EBS gGmbH between 2003 and 2006. He was appointed associate director of quality services at EFMD in 2007 and, as one of the EPAS Directors, has assumed joint responsibility for EPAS, the EFMD Programme Accreditation System. Hommel has published widely in the areas of real options analysis , corporate risk management , corporate restructuring , family business financing as well as venture capital financing . In the past, he has held visiting appointments at Bordeaux École de Management , Krannert School of Management of Purdue University and the Stephen M. Ross School of Business of The University of Michigan .Accreditation-related publications "Blurring the Edges ", Global Focus, Vol. 3, No. 3, 2009, pp. 28–31. "EPAS after Scale-Up", in: Global Focus , Vol. 3, No. 1, 2009, pp. 3–4. "No Quality without Rigour", in: Global Focus , Vol. 2, No. 2, 2008, pp. 40–42. "Reaching Out Globally – How One Association Reaped the Benefits of a Multi-Faceted Accreditation Programme", in: ESAE Headquarters Magazine , November, 2008, pp. 24–25. "Reaching Out Globally", in: Global Focus , Vol. 1, No. 3, 2007, pp. 28–31.Selected other publications "Family Ownership and International Investment Decisions: Influence of Country Risk and Experience", in: Journal of Business Economics , Supplementary Issue No. 2, 2009, pp. 31–61. "Human Capital and the Internationalisation of Venture Capital Firms", in: The International Entrepreneurship & Management Journal , Vol. 3, No. 1, 2007, pp. 109–125. "Venture Capitalists' Decision to Syndicate?", in: Entrepreneurship Theory & Practice , Vol. 30, No. 2, 2006, pp. 131–153. "Risk Management: Challenge and Opportunity ", 2nd edition, Berlin et al .: Springer, 2005. "Contracting, Monitoring and Exiting Venture Investments in Transitioning Economies: A Comparative Analysis of Eastern European and German Markets", in: Venture Capital: An International Journal of Entrepreneurial Finance , Vol. 6, No. 4, 2004, pp. 257–282. "Venture Capital Investors, Capital Markets , Valuation and Information: US, Europe and Asia", in: Journal of International Entrepreneurship , Vol. 2, No. 4, 2004, pp. 305–326. "25 Years Real Options Approach to Investment Valuation: Review and Assessment", in: Journal of Business Economics , Supplementary Issue No. 3, 2004, pp. 1–53. "Financing the German Mittelstand", in: EIB Papers , Vol. 8, No. 2, 2003, pp. 52–90. "Financial and Operative Hedging of Currency Risk", in: Global Finance Journal , Vol. 14, No. 1, 2003, pp. 1–14.
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