NFF Seminar Series in Finance

NFF Seminar Series in Finance

The department of finance hosts a weekly seminar series with leading international scholars.

In the finance department’s weekly research seminar, internationally recognized scholars present their research.

The seminars are open to any interested faculty, students or the general public. The department is grateful for funding of the research seminar series by the Norwegian Society of Financial Analysts.

norske finansanalytikeres forening
  • Finance seminars fall 2018

    Finance seminars fall 2018

    04.09, 10:45 - 12:00     
    AUD. KARL BORCH                                                        

    Finn Erling KydlandUniversity of California, Santa Barbara

    Innovation, Capital Formation, and Economic Policy

    14.09, 10:45 - 12:00      
    AUD. KARL BORCH                                  

    Gregory Nini, Drexel University

    Congruence in Governance: Evidence from Creditor Monitoring of Corporate Acquisitions

    21.09, 10:45 - 12:00
    AUD. KARL BORCH

    Ron Masulis, UNSW Business School

    Monitoring the Monitor: Distracted Institutional Investors and Board Governance

    28.09, 10:45 - 12:00
    AUD. KARL BORCH

    David Mauer, The University of North Carolina at Charlotte

    Industry Tournament Incentives and Debt Contracting

    05.10, 10:45 - 12:00
    AUD. KARL BORCH

    Katharina Lewellen, Tuck School of Business

    Institutional investors and corporate governance: The incentive to be engaged

    09.11, 10:45 - 12:00
    AUD. B
    Alexander Ljungqvist, Stockholm  School of Economics
    23.11, 10:45 - 12:00
    Aud. 24
    Yongqiang Chu, University of South Carolina at Charlotte
     

     

  • Finance seminars spring 2018

    Finance seminars spring 2018

    09.03, 10:45 - 12:00     
    AUD. KARL BORCH                                                        

    Richard Townsend, University of California San Diego

    Are Early Stage Investors Biased Against Women?

    16.03, 12:15 - 13:30       
    AUD. TERJE HANSEN                                   

    Nadya Malenko, Boston College, Carroll School of Management

    Deadlock on the Board

    06.04, 10:45 - 12:00
    AUD. TERJE HANSEN

    Romeo Tedongap, ESSEC Business School

    Variance Premium, Downside Risk, and Expected Stock Returns

    13.04, 10:45 - 12:00
    AUD. KARL BORCH

    Konstantin Milbradt, Kellogg School of Management Northwestern University

    A Theory of the Mortgage Rate Pass-Through

    27.04, 10:45 - 12:00
    AUD. TERJE HANSEN

    Martin Schmalz, University of Michigan, Ross School of Business

    (Why) Do Central Banks Care about Their Profits?

    04.05, 10:45 - 12:00
    AUD. C

    Jonathan Brogaard, Foster School of Business, University of Washington

    The Economic Impact of Index Investing

    07.05, 10:45 - 12:00
    AUD. KARL BORCH

    David Hirshleifer, Paul Merage School of Business, University of California Irvine

    Visibility Bias in the Transmission of Consumption Norms and Undersaving

    16.05, 10:45 - 12:00
    AUD. KARL BORCH

    Hendrik Bessembinder, Carey School of Business, Arizona State University

    Liquidity Provision Contracts and Market Quality: Evidence from the New York Stock Exchange

    25.05, 10:45 - 12:00
    AUD. KARL BORCH

    Youchang Wu, University of Oregon, Lundquist College of Business

    Mutual Funds Apart from the Crowd

    01.06, 10:45 - 12:00
    AUD. KARL BORCH

    Patrick Verwijmeren, Erasmus School of Economics

    Is Gender in the Eye of the Beholder? Identifying Cultural Attitudes with Art Auction Prices

    13.06, 10:45 - 12:00
    AUD. KARL BORCH

     Giorgo Sertsios, Universidad de los Andes

    Going Public in Business Groups

    27.06, 10:45 - 12:00
    AUD. A

     Phillip Stocken, Tuck School of Business, Dartmouth College

    A Model of Voluntary Managerial Disclosure

  • Finance seminars fall 2017

    Finance seminars fall 2017

    08.09, 10:45 - 12:00     
    AUD. KARL BORCH                                      

    Ran Duchin, Foster School of Business, University of Washington

    “Dissecting Conglomerates”

    15.09, 10:45 - 12.00       
    AUD. KARL BORCH                                     

    Gerard Hoberg, Marshall School of Business USC

    "Product Life Cycles in Corporate Finance"

    29.09, 10:45 - 12:00
    AUD. KARL BORCH

    Ravi Jagannathan, Northwestern University's Kellogg School of Management

    "Dividend Dynamics, Learning, and Expected Stock Index Returns"

    09.10, 10:45 - 12:00
    AUD. KARL BORCH

     Paul Schneider, USI and Swiss Finance Institute

    "An Anatomy of the Market Return"

    13.10, 10:45 - 12:00
    AUD. KARL BORCH

    Ryan Peters, Tulane University

    "Volatility and Venture Capital"

    20.10, 10:45 - 12:00
    AUD. KARL BORCH

    Angelo Ranaldo, University of St.Gallen

    "OTC Premia"

    27.10, 10:45 - 12:00
    AUD. KARL BORCH

    Marius Zoican, University Paris Dauphine

    "Smart Settlement"

    3.11, 10:45 - 12:00
    AUD. KARL BORCH

    Tim Jenkinson, Said Business School, Oxford University

    “Best buys and own brands: investment platforms’ recommendations of mutual funds”

  • Finance seminars spring 2017

    Finance seminars spring 2017

    12.01, 10:45 - 12:00     
    AUD. FINN KYDLAND                                      

    Suresh Sundaresan, Columbia Business School

    "An Explanation of Negative Swap Spreads: Demand for Duration from Underfunded Pension Plans"

    10.03, 10:45 - 12:00
    AUD. KARL BORCH

     Thierry Foucault, HEC Paris

    Corporate Strategy, Conformism, and the Stock Market

    17.03, 10:45 - 12:00
    AUD. KARL BORCH

     Bart Lambrecht, Cambridge Judge Business School

    The Dynamics of Investment, Payout and Debt

    28.04, 10:45 - 12:00 
    AUD. FINN KYDLAND                                                                

     Henri Servaes, London Business Scool

    A Matter of Trust? The Bond Market Benefits of Corporate Social Capital During the Financial Crisis

    19.05, 10:45 - 12:00
    AUD. KARL BORCH

     Denis Gromb, HEC Paris

    The Paradox of Pledgeability

    2.06, 14:00 - 15:15 
    AUD. KARL BORCH

    Albert Menkveld, VU University Amsterdam

    A Network Map of Information Percolation

    JOB MARKET TALKS WINTER 2017
    13.01, 10:45 - 12.00       
    AUD. FINN KYDLAND                                     

    Wenqian Huang, Tinbergen Institute/VU Amsterdam

    Central Counterparty Capitalization and Misaligned Incentives

    17.01, 10:45 - 12:00
    AUD. KARL BORCH

    Nina Karnaukh, University of St. Gallen

    The Dollar Ahead of FOMC Target Rate Changes

    19.01, 10:45 - 12:00
    AUD. KARL BORCH

     Marc Gabarro Bonet, Erasmus University

    Does a Larger Menu Increase Appetite? Collateral Eligibility and Bank Risk-Taking

    23.01, 14:00 - 15:15
    AUD. FINN KYDLAND

     Jean-David Sigaux, HEC Paris

    Trading Ahead of Treasury Auctions

    25.01, 14:00 - 15:15
    AUD. KARL BORCH

    Nataliya Gerasimova, University of Lausanne

    House of Funds

    30.01, 14:00 - 15:15
    AUD. KARL BORCH

    Vahid Saadi, Goethe University Frankfurt

    Mortgage Supply and the US Housing Boom: The Role of the Community Reinvestment Act

    8.02, 14:00 - 15:15
    AUD. KARL BORCH

     Kyeong Hun (Kyle) Lee, Tulane University

    Human capital relatedness and M&A

    13.02, 14:00 - 15:15
    AUD. KARL BORCH

     Valeri Sokolovski, Stockholm School of Economics

    Crowds, Crashes, and the Carry Trade

  • Finance seminars fall 2016

    Finance seminars fall 2016

    28.08, 10:45 - 12:00       
    AUD. TERJE HANSEN                                     

    Murillo Campello, Cornell University

    "Bankruptcy and the Cost of Organized Labor: Evidence from the Union Elections"

    02.09, 10:45 - 12:00       
    LAB 1                                     

    Darius Palia, Rutgers Business School

    "Product Market Competition and CEO Pay Benchmarking"

    23.09, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Bohui Zhang, University of New South Wales

    "Googling Investor Sentiment around the World"

    26.09, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Samuli Knuepfer, BI Norwegian Business School

    "Equal Opportunity? Gender Gaps in CEO Appointments and Executive Pay"

    07.10, 12:15 - 13:30       
    AUD. TERJE HANSEN                                     

    Andrew LoMIT Sloan School of Management

    "The Adaptive Markets Hypothesis: Reconciling Behavior and Rationality via Evolution and Biology"

    14.10, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Christian Wagner, Copenhagen Business School

    What is the expected Return on a Stock?

    17.10, 10:45 - 12:00       
    AUD. FINN KYDLAND                                     

    Oguzhan Karakas, Boston College

    Earnings and the Value of Voting Rights

    21.10, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Burton Hollifield, Carnegie Mellon University

    Preventing Controversial Catastrophes

    28.10, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Adrien Matray, Princeton University

    Can Innovation Help U.S. Manufacturing Firms Escape Import Competition from China?

    4.11, 10:45 - 12:00       
    AUD. KARL BORCH                                    

    Florian Peters, University of Amsterdam

    Optimism Propagation

    25.11, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Renee Adams, University of New South Wales

    Women in Finance

  • Finance seminars spring 2016

    Finance seminars spring 2016

    18.01, 12:15-13:45  
    AUD. KARL BORCH
    Sturla Lyngnes Fesme, The University of Melbourne "The vicar, the widow, or the gentleman: who gets allocated IPO shares?"
    19.01, 10:15-11:45
    AUD. KARL BORCH                                                                               
    Konstantinos E. Zachariadis, London School of Economics "Multi-Asset Noisy Rational Expectations Equilibrium with Contingent Claims"
    25.01, 12:15-13:45  
    AUD. 24                
    Ricardo Lopez Aliouckin, Stockholm School of Economics "Option-implied idiosyncratic and systematic risk in the cross-section of expected stock returns"
    27.01, 12:15-13:45  
    AUD. TERJE HANSEN              
    Marlene Haas, Vienna Graduate School of Business "Equity Short Sales and Options: Complements or Substitutes?"
    28.01, 10:15-11:45  
    AUD. JAN MOSSIN
    Xintong Zhan, Chinese University of Hong Kong "Peer Effects of Corporate Social Responsibility"
    29.01, 12:15-13:45  
    AUD. KARL BORCH
    Darya Yuferova, Rotterdam School of Management "Intraday Return Predictability, Informed Limit Orders, and Algorithmic Trading"
    10.02, 12:15-13:45 
    AUD. KARL BORCH
    Deniz Okat, Aalto University "Too Big To Rush"
    16.02, 12:15-13:45  
    AUD. KARL BORCH
    Sahil Raina, University of Michigan "VC financing and the entrepreneurship gender gap"
    18.03, 12:45-14:00 
    AUD. KARL BORCH
    Christian Heyerdahl-Larsen, London Business School "Asset Prices and Portfolio Choice with Learning from Experience"
    15.04, 12:45-14:00 
    AUD. KARL BORCH
    Patrick Verwijmeren, Erasmus University "The Buyers' Perspective on Security Design: Hedge Funds and Convertible Bond Call Provisions"
    29.04, 12:45-14:00 
    AUD. FINN KYDLAND                        
    Daniel Metzger, Stockholm School of Economics "Since you are so rich, you must be really smart: Talent and the Finance Wage Premium"
    20.05, 14:15-15:30 
    AUD. FINN KYDLAND
    Henrik Cronqvist, University of Miami "In the Red: The effects of Color on Investment Behavior"
    27.05, 10:45-12:00 
    AUD. KARL BORCH
    Micah S Officer, Loyola Marymount University "The effect of cultural similarity on mergers and acquisitions"
    03.06, 10:45-12:00 
    AUD. KARL BORCH
    Ing-Haw Cheng, Tuck School of Business at Dartmouth College "Do Managers do Good with Other People's Money?"
  • Finance seminars fall 2015

    Finance seminars fall 2015

    28.08, 10.45-12.00
    AUD. KARL BORCH

    Ron Masulis, UNSW
    "Independent Director Reputation Incentives: CEO Compensation Contracts and Financial Accounting Reliability"

    02.09, 12.15-13.30
    AUD. KARL BORCH                                                                

    Lasse Heje Pederson, Copenhagen Business School
    "Quality Minus Junk"

    04.09, 12.45-14.00
    AUD. KARL BORCH

    Alexander Ljungqqvist, NYU
    "State Capitalism vs. Private Enterprise"

    02.10, 12.45-14.00
    AUD KARL BORCH

    Doron Levis, Wharton
    "Corporate Control Activism"

    16.10, 12.45-14.00
    AUD. KARL BORCH

    Han Xia, University of Texas at Dallas
    "Buying on certification: Governmant procurement and credit ratings"

    23.10, 12.45-14.00
    AUD.. KARL BORCH

    Johan Walden, Berkeley
    "Securitization Networks and Endogenous Financial Norms in US Mortgage Markets" 

    27.11, 12.45-14.00
    AUD. KARL BORCH

    David Lando, CBS
    "Safe-Haven CDS-Premia"

    14.12, 10.45-11.45
    AUD. KARL BORCH

    Berk Sensoy, Ohio State University
    "The Liquidity Cost of Private Equity Investments: Evidence from Secondary Market Transactions"

    14.12, 12.45-13.45
    AUD. KARL BORCH

    David Robinson, Duke University
    "By any other name? The role of VC in the going picks process in China"

  • Finance seminars spring 2015

    Finance seminars spring 2015

    14.01, 10:15-11:45 
    AUD. KARL BORCH                                         
    Mamdouh Medhat, Copenhagen Business School
    "Liquidity Risk and Distressed Equity"
    15.01, 10:15-11:45 
    AUD. KARL BORCH                
    Glenn Schepens, Ghent University and National Bank of Belgium
    "Taxes and Bank Capital Structure"
    16.01, 12:45-14:00 
    AUD. TERJE HANSEN                
    Nils Friewald, Vienna Univesity of Economics and Business
    "Dealer Inventory and the Cross-Section of Corporate Bond Returns"
    20.01, 10:15-11:45 
    AUD. TERJE HANSEN              
    Kevin Tseng, Kellogg School of Management, Northwestern University
    "Knowledge Network and the Cross-Section of Expected Returns"
    22.01, 10:15-11:45 
    AUD. 11
    Boris Radnaev, London Business School
    "Learning and Leverage Dynamics in General Equilibrium"
    23.01, 12:15-13:45 
    AUD. TERJE HANSEN

    Dong Yan, Hong Kong University of Science and Technology
    "Do Private Firms Learn from the Stock Market?"

    27.01, 10:15-11:45 
    AUD. TERJE HANSEN
    Paolo Morales Acevedo, Tilburg University and the European Banking Center
    "Strategic Choic of Delinquencies under Firm Liquidity Constraints"
    28.01, 10:15-11:45 
    AUD. KARL BORCH
    Adem Almaz, London Business School
    "A Dynamic Model of Short Interest"
    04.03, 12:15-13:45 
    AUD. 11
    Xunhua Su, Norwegian University of Science and Technology
    "The Dynamics of Performance Volatility and Firm Valuation"
    13.03, 12:45-14:15 
    AUD. TERJE HANSEN
    Andrey Malenko, MIT Sloan School of Business
    "Timing Decisions in Organizations: Communication and Authority in a Dynamic Environment"
    10.04, 12:45-14:00 
    AUD. KARL BORCH                    
    Laurent Bach, Stockholm School of Economics
    "Why do shareholder votes matter?"
    14.04, 12:45-14.15 
    AUD. KARL BORCH
    Kai Li, Sauder School of Business, University of British Columbia 
    "Technological Competition and Strategic Alliances"
    17.04, 12:45-13:15 
    AUD. KARL BORCH
    Toni Whited, Simon Business School, University of Rochester
    "Collateral, Taxes and Leverage"
    24.04, 08:45-10:00 
    AUD. AGNAR SANDMO

    Rüdiger Fahlenbrach, Swiss Finance Institute
    "Why Do Banks Practice Regulatory Arbitrage? Evidence from Usage og Trust Preferred Securities" 

    29.05, 12:45-14:00 
    AUD. KARL BORCH
    Daniel Wolfenzon, Columbia Business School
    "Evaluating the Impact of the Boss: Evidence from CEO Hospitalization Events
  • Finance seminars fall 2014

    Finance seminars fall 2014

    05.09, 12:45-14:00 
    AUD. KARL BORCH                                    
    Eliezer Fich, LeBow College of Business
    "Analyst coverage and acquisition returns: Evidence from natural experiments"
    09.09, 12:45-14:00 
    AUD. KARL BORCH
    Søren Hvidkjær, Copenhagen Business School
    "Does the value factor beta predict the value premium?"
    12.09, 12:45-14:00 
    AUD. KARL BORCH
    Ljubica Djordjevic, Tilburg University
    "Determinants of Household Bank Switching"
    19.09, 12:45-14:00 
    AUD. KARL BORCH
    Jonathan Lewellen, Tuck School of Business at Dartmouth
    "The behaviour of aggregate corporate investment"
    26.09, 12:45-14:00 
    AUD. KARL BORCH
    Oguzhan Ozbas, University of Southern California
    "Managerial Accommodation, Proxy Access, and the Cost of Shareholder Empowerment"
    03.10, 12:45-14:00 
    AUD. KARL BORCH
    Christopher Polk, London School of Economics
    "The Booms and Busts of Beta Arbitrage"
    17.10, 12:45-14:00 
    AUD. FINN KYDLAND
    Cláudia Custódio, W. P. Carey School of Business
    "Do General Managerial Skills Spur Innovation?"
    24.10, 12:45-14:00 
    AUD. KARL BORCH
    L'uboš Pástor, University of Chicago Booth School of Business
    "Do funds make more when they trade more?"
    31.10, 12:45-14:00 
    AUD. KARL BORCH
    Thorsten Beck, Tilburg University
    "Lending Concentration, Bank Performance and Systemic Risk: Exploring Cross-Country Variation"
    14.11, 12:45-14:00 
    AUD. KARL BORCH
    Per Östberg, University of Zürich
    "Money and Correlations"
    14.11, 12:45-14:00 
    AUD. KARL BORCH
    Larissa Shäfer, Tilburg University
    "Relationship Lending and Loan Performance"
    05.12, 12:45-14:00 
    AUD. B
    Hao Liang, Tilburg University
    "Concentrated Wealth and Stakeholder Value"
    08.12, 10:15-11:45 
    AUD. FINN KYDLAND 
    Markus Broman, Schulich School of Business
    "Liquidity Clienteles, Correlated Demand and Excess Comovement of ETF Returns"
    12.12, 12:45-14:00 
    AUD. FINN KYDLAND
    Lars A. Lochstoer, Columbia Business School
    "Asset Pricing when 'This Time is Different'"
  • Finance seminars spring 2014

    Finance seminars spring 2014

    13.01, 12:45-14:00     
    AUD. KARL BORCH                    
    Katarina Kvasnakova, Vienne Graduate School of Finance
    "Is Imperfection Better? Evidence from Predicting Stock and Bond Returns"
      Full listing of seminars to come here.
  • Finance seminars fall 2013

    Finance seminars fall 2013

    12.09, 10:45-12:00 
    AUD. AGNAR SANDMO                                          
    Finn Kydland, University of California
    "Monetary Policy. the Tax Code, and the Real Effects of Energy Shocks"
    13.09, 12:45-14:00 
    AUD. B                

    Michael Ewens, Carnegie Mellon University
    "Is a VC Partnership Greater Than the Sum of its Partners?"

    20.09, 12.45-14.00
    AUD. A

    Jarrad Harford, University of Washington
    "Mergers that Matter: The Value Impact of Economic Links"

     27.09, 12.45-14.00
    TERJE HANSEN
    Elroy Dimson, London Business School
    "The Price of Wine"
    03.10, 14.15-15.30
    AUD. D
    Yrjo Koskinen, Boston University
    "Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence"
    04.10, 14.15-15.30
    AUD. FINN KYDLAND
    Rajnish Mehra, Arizona State University
    "Macroeconomic Foundationof Financial Predictability"
    11.10, 12.45-14.00
    AUD. KARL BORCH

    Harjoat Bhamra, University of British Columbia
    "Stochastic Operating Risk and Real Options: Implications for Stock Returns

  • Finance seminars spring 2013

    Finance seminars spring 2013

    14.01, 12:15-13:30 
    AUD. 24                                                  
    Martijn Boons, University of Tilburg
    "State Variable Hedging and Individual Stocks: New evidence for the ICAPM"
    18.01,12.15-13.30
    AUD. 24

    Julien Cujean, Swiss Finance Institute
    "The Social Dynamics of Performance
    21.01, 12.15-13.30
    AUD. 24

    David Schumacher, INSEAD
    "The Role of Domestic Industries in Foreign Policy Decisions
    23.01, 12.15-13.30
    AUD. KARL BORCH
    Cornelius Schmidt, University of Lausanne
    "Shareholder Monitoring Incentives and Corporate Policies"
    28.01, 12.15-13.30
    AUD. 24
    Haitao Mo, University of Southern California
    "Implied Economic Risk Premiums"
    06.02, 12.25-13.30
    AUD. 24
    Oliver Randall, New York University
    "Pricing and Liquidity in the US Corporate Market"
    11.02, 12.15-13.30
    AUD. 24
    Onur Tosun, University of Maryland
    "The Effect of the CEO's Option Compensation on the Firm's Capital Structure: A Natural Experiment"
    18.02, 12.15-13.30
    AUD. 24
    Tong Wang, University of Southern California
    "The Destabilizing Effects of Option Hedging and the Weekly Reversal Anomaly"
    22.02, 14.15-15.30
    AUD. 24
    Dr. Peter Kondor, Central European University
    "Trading and Information Diffusion in Over-the Counter Markets"
    01.03, 14.15-15.30
    AUD. KARL BORCH
    Dr Stefano Giglio, University of Chicago
    "Asset Pricing in the Frequency Domain: Theory and Empirics"
    05.03, 12.15-13.30
    AUD. KARL BORCH
    Dr. Mustafa Caglayan, Ozyegin University
    "Emerging Betas and the Cross Section of Hedge Fund Return"
    08.03, 14.15-15.30
    AUD. KARL BORCH
    Dr. Andrew Hertzberg, Columbia University
    "Heterogeneous Time Preferences within the Household"
     22.03,14.15-15.30
    AUD. KARL BORCH
    Dr. Peter Feldhutter, London Business School
    "New Evidence on the Credit Spread Puzzle"