Norway was a pioneering country with requirements for the proportion of women on Norwegian corporate boards. Now California has followed with similar requirements. This has led to a heated debate, similar to the one we had earlier in Norway, says Professor Karin Thorburn at NHH.
All research news from the Department of Finance
The Voice of Corporate Governance podcast interview with Professor B. Espen Eckbo. "Investors and Norway’s Board Gender-Quota Law with Professor B. Espen Eckbo"
New article! Congratulations to B. Espen Eckbo and Michael Kisser on their new article in the Review of Finance. “Tradeoff theory and leverage dynamics of high-frequency debt issuers”
Espen Eckbo and Markus Lithell have received funding from the Norwegian Research Council for their project on benefit corporations.
A new research project by Professor Astrid Kunze; "Challenges to shaping an inclusive work life in rapidly changing labor markets: Firms, human capital, and social and family policy" has been approved by the Norwegian Research Council and will run from 2021 to 2027.
New article! Congratulations to B. Espen Eckbo and Michael Kisser on their new article in the Review of Finance. “The Leverage-Profitability Puzzle Resurrected”
New article! Congratulations to Xunhua Su, Jie Chen, Xuan Tian and Bin Xu on their new article in the Journal of Financial Economics. “Does customer base structure influence managerial risk-taking incentives?”
New article! Congratulations to Eric De Bodt, Muhammad Farooq Ahmad and Jarrad Harford on their new article in The Review of Financial Studies, "International Trade and the Propagation of Merger Waves"
New article! Congratulations to Espen Eckbo and Karin Thorburn on their new article in Management Science, “Board gender-balancing and firm value"
An expert group will examine how climate change, climate policy and the green transition may affect the Government Pension Fund Global. NHH finance professor Karin Thorburn is appointed member of the expert group.
Benefit Corporations shall invest in socially beneficial projects even if the shareholder return is low. A dead end or a solution to important societal challenges? asks Professor B. Espen Eckbo and PhD candidate Markus Lithell in an opinion piece first published in DN.
The business world is close to NHH’s master students in finance. “I believe there is a more learning outcome when students meet and present their work to representatives from business,” Finance Professor, Karin Thorburn.
The Norwegian Parliament recently approved a temporary new restructuring law to save businesses following the corona crisis. NHH Finance Professor Karin S Thorburn explains some reasons for and risks connected to the new law.
A mock "job interview" with a hedge fund manager by Professor B. Espen Eckbo published in Norwegian business newspaper "Dagens Næringsliv" following NBIM's hiring of Nicolai Tangen as new CEO.
What is the true role of corporate stakeholders? Tuck finance professor B. Espen Eckbo debunks five myths about the U.S. corporate governance system.
The more of a manager's wealth is tied to her fund, the less risk she takes and the smaller is each individual investment, according to a NHH study picked up by the «Institutional Investor», New York Times DealBook and other media.
On Monday 20 August 2018 Varun Verma will hold a trial lecture on a prescribed topic and defend his thesis for the PhD degree at NHH.
The wisdom of the crowd in crowdfunding markets helps improve the decision making of the individuals, according to several studies. But is the crowd (really) wise?
With the help of fan donations, game developer Chris Roberts has raised USD 183 mill to develop the popular game Wing Commander. Now, more and more people in Norway are jumping onto the crowdfunding wave.
– The impact of informational technology is expected to radically restructure how finance is practiced, Walter Pohl says. On Friday 8 June NHH is hosting the 2018 Bergen FinTech Conference.
Research into higher education suggests that students learn best when they are actively participating, whether that be through focused listening, discussion, problem solving or explaining to others.
On Thursday 22 March 2018 Erik Hetland Tvedt will hold a trial lecture on a prescribed topic and defend his thesis for the PhD degree at NHH.
Researchers at the Centre for Corporate Finance receive 10 million NOK for their project «Incentives, access to capital, and innovation».
Who should manage Norway’s enormous oil wealth? Should Norway’s ‘Oil Fund’ be moved out of Norges Bank? Three NHH researchers outline possible solutions.
On Monday 25 September 2017 Raffaele Giuliana will hold a trial lecture on a prescribed topic and defend his thesis for the PhD degree at NHH.
Read new chronicle by Karin S. Thorburn and B. Espen Eckbo. In Norwegian.
On Monday 15 May 2017 Yun Tang will hold a trial lecture on a prescribed topic and defend her thesis for the PhD degree at NHH.
Professor Karin Thorburn has been elected member of Society for Financial Studies council for the next two years.
Firms prefer to go public in periods when sentiment-driven investors are overly exuberant. In these periods, issuers can take advantage of overvaluations by setting offer prices above fundamental value.
The paper «How Costly is Corporate Bankruptcy for the CEO?» has been published in Journal of Financial Economics.
Aggressive attacks from a strong company can push a competitor out of the market. However, when the predator is about to get its prey, the weak company can survive if it has plenty of cash.