Research at CCF

Research at CCF

The researchers at CCF regularly publish articles in the top finance journals.

These include

  • Journal of Finance
  • Journal of Financial Economics
  • Journal of Financial and Quantitative Analysis
  • Review of Finance
  • Journal of Financial Intermediation
  • Journal of Corporate Finance

2020

Espen Eckbo, Karin S. Thorburn and Andrey Malenko: "Strategic Decisions in Takeover Auctions". Forthcoming, Annual Review of Financial Economics

Xunhua Su, Daniel Chi, Yun Tang, Bin Xu:  "Is Language an Economic Institution? Evidence from R&D." Forthcoming,  Journal of Corporate Finance

Eric de Bodt; Muhammad Farooq Ahmad; Jarrad Harford:"International Trade and the Propagation of  Merger Waves". Working paper

Espen Eckbo; Michael Kisser:  "Tradeoff theory and leverage dynamics of high-frequency debt issuers". Forthcoming, Review of Finance 

2019

Carsten Bienz, Karin S. Thorburn, Uwe Walz. Ownership, Wealth, and Risk Taking: Evidence on Private Equity Fund Managers. Working Paper

Read about this research in media:

Private Equity Managers Take Less Risk When More of Their Own Money Is on the Line

GPs with more skin in the game make safer bets-report

2018

Kyeong Hun Lee, Cross-border Mergers and Acquisitions amid Political Uncertainty: A Bargaining Perspective. Strategic Management Journal, September 2018

Kyeong Hun Lee, David C. Mauer and Qianying(Emma) Xu, 2018. Human Capital Relatedness and Mergers and Acquisitions. Journal of Financial Economics, 129, (1), 111-135

Raff, Konrad and Linus Siming, 2018. Knighthoods, Damehoods, and CEO BehaviourJournal of Corporate Finance, available online.

Eckbo, B. Espen, Tanakorn Makaew, and Karin S. Thorburn, 2018. Are stock-financed takeovers opportunistic? Journal of Financial Economics, 128 (3); 443-465.

2017

Eckbo, B. Espen, Tanakorn Makaew, and Karin S. Thorburn, 2017, “Are stock-financed takeovers opportunistic?Journal of Financial Economics, forthcoming.

2016

Bakke, Einar, Tore Leite and Karin S. Thorburn, 2016. Partial Adjustment to Public Information in the Pricing of IPOs. Journal of Financial Intermediation, forthcoming.

Schmidt, Cornelius and Rudiger Fahlenbrach, 2016. Do exogeneous changes in passive institutional ownership affect corporate governance and firm value? Journal of Financial Economics, forthcoming.

Chi, Daniel and Xunhua Su, 2016. The dynamics of performance volatility and firm valuation. Journal of Financial and Quantitative Analysis, forthcoming.

Su, Xunhua, Zhang, Li, 2016. A Re-examination of Credit Rationing in the Stiglitz and Weiss Model. Journal of Money, Credit and Banking, forthcoming.

Koskinen, Yrjo and Joril Maeland, 2016. Innovation, Competition and Investment Timing. Review of Corporate Finance Studies 5(2), 166-199.

Eckbo, B. Espen, Karin S. Thorburn and Wei Wang, 2016. How costly is corporate bankruptcy for the CEO? Journal of Financial Economics 121 (1), 210-229.