Brown bag seminars

Brown bag seminars

The brown bag seminar series provides a forum for faculty members and PhD students at the Department of Finance to exchange ideas about their current research projects.

  • 2024

    2024

    14 March, 10:45 - 11:45
    Eric de Bodt, University of Lille
    Title: Rivals Returns
    Location: Room C110

    18 April, 12:30 - 13:30
    Samuel Piotrowski, NHH
    Title: No More Free-Riding: Import Competition and Investment in Corporate Lobbying
    Location: Karl Borch 

    26 April, 10:45 - 11:45
    Andre Lot, University of Sydney Business School
    Title:  Environmental Impact Dimensions and Investment Choices
    Location: Karl Borch 

    02 May, 12:00 - 13:00
    Diego Bonelli, NHH
    Title: Good Inflation, Bad Inflation: Implications for Risky Asset Prices 
    Location: Karl Borch

    24 May, 12:15 - 13:15
    Elizaveta Sizova, NHH
    Title: Rebalancing of Currency Hedging and the Impact on Exchange Rates
    Location: Aud. M

    31 May, 12:15 - 13:15
    Ivan Alfaro, BI
    Title: Production-Based Exchange Rates: The q-Theory of Multinationals
    Location: Aud. M

    03 September, 12:15 - 13:15
    Trang Vu, NHH
    Title: Conditional Pecking Order
    Location: Karl Borch

    19 September, 11:00 - 12:00
    Stephen Szaura, BI Bergen
    Title: Blame it on the weather: Market implied weather volatility and firm performance
    Location: Karl Borch

    26 September, 10:15 - 11:15
    Alexis Wegerich, NBIM
    Title: Leading by Example: Can One Universal Shareholder’s Voting Pre-Disclosure Influence Voting
    Location: Aud. N

    08 October, 11:00 - 12:00
    Markus Lithell, Pamplin College of Business - Virginia Tech
    Title: Impact Investing and Worker Outcomes
    Location: Karl Borch

    24 October, 12:15 - 13:15
    Elizaveta Sizova, NHH
    Title: Central Bank Liquidity Lines: Implications for Financial Markets and Banks
    Location: Aud. N

    31 October, 12:15 - 13:15
    Cédric Huylebroek, KU Leuven
    Title: Banking on Deposit Relationships: Implications for Hold-Up Problems in the Loan Market
    Location: Aud. B

    21 November, 11:00 - 12:00
    Jiaying Li, NHH
    Title: Home Not-So-Sweet Home: Home Bias in Supply Chain Relationships
    Location: Aud. C

  • 2023

    2023

    09 February, 12:15 - 13:15
    Thorsten Hens, NHH
    Title: When Greta meets Warren
    Location: Karl Borch 

    20 March, 12:15-13:15
    Evarist Stoja, NHH
    Title: On the Pricing of Tail Risk
    Location: Aud. L / Zoom

    28 March, 12:00-13:00
    Stephen Szaura, BI Bergen
    Title: Does News, Order Flow, or Illiquidity drive jumps in stock returns? In the day or in the night?
    Location: Karl Borch / Zoom

    20 April, 12:15-13:15
    Christoph Gschnaidtner, Technische Universität München
    Title:  Adoption and diffusion of blockchain technology
    Location: Karl Borch / Zoom

    25 May, 12:15-13:15
    Cédric Huylebroek, KU Leuven
    Title: The Real Effects of Bank Inspections: Evidence from Brazil
    Location: Aud. C / Zoom

    07 June, 12:15-13:15
    Per Östberg, University of Zurich
    Title: Difference-in-differences with Economic Factors and the Case of Housing Returns
    Location: Karl Borch / Zoom

    13 September, 12:15-13:15
    Markus Lithell, NHH
    Title: Why are acquisitions of unlisted firms better deals? Evidence from OTC markets  
    Location: Aud. F / Zoom

    29 September, 12:15-13:15
    Diego Bonelli, NHH
    Title: Inflation Risk and Yield Spread Changes
    Location: Aud. F / Zoom

    12 October, 12:15-13:15
    Alois Weigand, University of St. Gallen
    Title: Photovoltaic Systems and Housing Prices: The Relevance of View
    Location: Karl Borch / Zoom

    20 October, 12:15-13:15
    Denis Mokanov, NHH
    Title: Earnings Expectations and Asset Prices
    Location: Aud. B / Zoom

    02 November, 12:15-13:15
    Tom Meling, Ohio State University
    Title: Individual Crypto Investors
    Location: Karl Borch / Zoom

    10 November, 12:15-13:15
    Samuel Piotrowski, NHH
    Title: Risk, Reward, and Ratings: How Firms Use Tax Avoidance to Sustain Inflated Credit Ratings
    Location: Aud. K / Zoom

    30 November, 12:15-13:15
    Carsten Bienz, NHH
    Title: The Benefits and Costs of Cornerstone Investors
    Location: Karl Borch / Zoom

  • 2022

    2022

    29 March, 12:00 - 13:00
    Astrid Kunze, NHH
    Title: Gender diversity, labour in the boardroom and gender quotas
    Location: Karl Borch / Zoom

    19 April, 11:30 - 12:30
    Ole-Andreas Næss, SNF
    Title: Investor Beliefs about a Mispriced Stock
    Location: Karl Borch / Zoom

    07 October, 12:00 - 13:00
    Karin Thorburn and Carsten Bienz, NHH
    Title: The Defeasance of Control Rights
    Location: Karl Borch / Zoom

    06 December, 10:45 - 11:45
    Andre Lot, NHH
    Title: Longevity Pessimism, Misinformation and Pension Choice
    Location: Aud M / Zoom

  • 2021

    2021

    22 April, 16:00 - 17:00
    Katja Kisseleva, ESMT Berlin
    Title: Public funding and  financial performance of entrepreneurial firms

    04 May, 11:00 - 12:00
    Walt Pohl, NHH
    Title: Strategic Limits of Option Pricing

    18 May, 11:00 - 12:00
    Roberto Ricco', NHH
    Title: Frequent Batch Auctions vs. Continuous trading: Evidence from Taiwan

    01 June, 11:00 - 12:00
    Andre Lot, NHH
    Title: Liquidity concerns and tax-incentivized retirement savings

    17 June, 13:00 - 14:00
    Stig Roar Haukø Lundeby, NHH
    Title: The Impact of Policy on the Risk-Return Relationship

    18 June, 12:00 - 13:00
    Michael Axenrod, NHH
    Title: Do corporate pension decisions impact product market outcomes? Evidence from DB plan freezes 

    30 June, 12:00 - 13:00
    Jing Lan, NHH
    Title: How does entrepreneur divorce affect the firm? Evidence from Norway

    27 September, 11:00 - 12:00
    Zhou Lu, NHH
    Title: Chinese Stock Market Pricing Cap and Its Impact
    Location: Auditorium O / Teams

    05 October, 12:00 - 13:00
    Max Rohrer, NHH
    Title: The effect of ESG incident location on the market's response
    Location: LAB2 / Teams

    07 October, 12:00 - 13:00
    Espen Eckbo, NHH
    Title: Competition shocks, rival reactions, and return comovement
    Location: LAB1 / Teams

    14 October, 12:00 - 13:00
    Nataliya Gerasimova, NHH
    Title: How Assets under Advisement move Assets under Management
    Location: Karl Borch / Teams

    18 October, 12:00 - 13:00
    Yue Xue, Aarhus University
    Title: Mutual Fund Managers’ Learning From Senior Colleagues - Capital Raising Ability versus Active Investment Skill 

    02 November, 12:00 - 13:00
    Eric De Bodt, NHH - Adjunct Professor
    Title: Are investor reactions shaping SEC filings writing?
    ZOOM

    30 November, 12:00 - 13:00
    Simone Traini, NHH Accounting
    Title: Blockchain Adoption and Investment Sensitivity to Stock Price
    Location: Karl Borch / ZOOM

    03 December, 13:00 - 14:00
    Michael Axenrod, NHH
    Title: Do corporate pension decisions affect rivals? Evidence from DB plan freezes

    07 December, 12:00 - 13:00
    Jing Lan, NHH
    Title: Does entrepreneur divorce affect the firm? Evidence from Norway 

    09 December, 12:00 - 13:00
    Zhou Lu, NHH
    Title: Market smart: How firms respond to IPO pricing cap in China  

  • 2020

    2020

    16 March, 12:00 - 13:00 - CANCELLED
    PhD Markus Lithell, NHH
    Title: Follow the assets: Is the US listing gap 'real'?
    FIN FACULTY LOUNGE 

    20 March, 12:00 - 13:15 - CANCELLED
    Professor Thorsten Hens, University of Zurich 
    Title: TBA
    FIN FACULTY LOUNGE 

    30 March, 12:00 - 13:00 - CANCELLED
    PhD Andre Lot, NHH
    Title: TBA
    FIN FACULTY LOUNGE 

    14 May, 12:00 - 13:00
    Assistant Professor Artashes Karapetyan, ESSEC Business School
    Title: Macroprudential Regulation: Mortgages versus Total Credit 
    ZOOM

    20 May, 12:00 - 13:00
    Associate Professor Konrad Raff, NHH    
    Title: Board Diversity as a Commitment to Monitor 
    ZOOM

    25 May, 12:00 - 13:00
    PhD Markus Lithell, NHH
    Title: The merger-adjusted US listing gap 
    ZOOM

    17 June, 11:00 - 12:00
    Assistant Professors Maximilian Rohrer and Nataliya Gerasimova, NHH
    Title: Is government contracting fair? Estimating the value of female politicians for women-owned firms
    ZOOM

    25 November, 12:00 - 13:00
    PhD Andre Lot, NHH
    Title: Daily, heterogenous, unambiguous mutual fund flows and their performance sensitivity
    ZOOM

    30 November, 12:15 - 13:15
    PhD Damiano Maggi, NHH
    Title: Corporate combinations and industry announcement returns
    ZOOM

    Swedish House of Finance

  • 2019

    2019

    05.02 12:15 - 13:15

    Faculty Lounge

    Assistant Professor Christoph Helmut Herpfe, Emory University - Goizueta Business School

    Information Intermediaries: How Commercial Bankers Facilitate Strategic Alliances

    07.02 12:15 - 13:15

    Faculty Lounge

    Associate Professor Konrad Raff, NHH

    Co-author: Professor Alexander Ljungqvist (Stockholm School of Economics and CEPR)

    Busy Directors: Strategic Interaction and Monitoring Synergies

    23.04. 12:00 - 13:00

    FIN Meeting Room

    Associate Professor Michael Kisser , NHH

    Co-author: PhD Research Scholar Michael Axenrod, NHH

    Does mandatory recognition of off-balance sheet items affect capital structure choice?

     

    23.04. 12:00 - 13:00

    Seminar Room 231, Merino 2nd floor

    PhD Research Scholar Damiano Maggi, NHH

    Co-authors: Nataliya Ignatova and Nataliya Gerasimova

    And the CAR goes to...

    01.10. 12:00 - 13:00

    SEMINAR ROOM 231, MERINO 2ND FLOOR

    Assistant Professor Maximilian Rohrer, NHH

    Measuring sentiment in Accounting/Finance

    02.10. 14:15 - 15:15

    SEMINAR ROOM 231, MERINO 2ND FLOOR

    PhD Research Scholar Loreta Rapushi, NHH

    JMP Trial Seminar

    08.10. 12:00 - 13:00

    SEMINAR ROOM 231, MERINO 2ND FLOOR

    PhD Research Scholar Erik Hapnes, EPFL Lausanne/Swiss Finance Institute

    Time-varying liquidity in financial markets and strategic traders

       
       
       
  • 2018

    2018

    06.06, 12:00 - 13:00
    FACULTY LOUNGE                                      

    Kyeong Hun Lee, NHH

    "Local Labor Market and Corporate Policies"

    07.06, 12:00 - 13:00
    FACULTY LOUNGE

    Lin William Cong, Chicago Booth

    "Tokenomics: Dynamic Adoption and Valuation"

    13.06, 12:00 - 13:00
    FACULTY LOUNGE

    Giorgo Sertsios, Universidad de Los Andes

     "Going Public in Business Groups"

    24.09, 12:00 - 13:00
    FACULTY LOUNGE

    Carten Bienz, NHH

    Co-authored with Antoine Faure-Grimaud, Zsuzsanna Fluck, and Karin Thorburn

    "The defeasance of control rights”

    26.09, 12:00 - 13:00
    FACULTY LOUNGE

    Stig Roar Haukø Lundeby, NHH

    “Conditional dynamics and the multi-horizon risk-return trade-off”

     
    15.11, 12:00 - 13:00
    FACULTY LOUNGE

    Xiaoyu Zhang, NHH

     "Going Public and Bank Monitoring: Evidence from Syndicated Loans"

    22.11, 12:00 - 13:00
    FACULTY LOUNGE

    Jose A. Albuquerque de Sousa, NHH

    “The political consequences of financial development: Evidence from the opening of African stock exchanges”

    27.11, 12:00 - 13:00
    FACULTY LOUNGE

    Zhou Lu, NHH

    “Product Market Threats and Bank Lines of Credit in Corporate Liquidity”

    04.12, 12:00 - 13:00
    FACULTY LOUNGE

    Darya Yuferova, NHH

    "Paying for Liquidity: Carrots and Sticks” joint work with Mario Bellia, Marti Subrahmanyam, Loriana Pelizzon, and Jun Uno"

    7.12, 12:00 - 13:00
    FACULTY LOUNGE

    Nataliya Gerasimova, NHH

    "Small Businesses and Government Awards: Gender Gap"

    10.12, 12:00 - 13:00
    FACULTY LOUNGE

    Walter Pohl, NHH

    "Can the Machine Pick Stock Market Winners?"

  • 2017

    2017

    27.02, 12:00 - 13:00          
    FACULTY LOUNGE                                                                                                                                                

    Tom Grimstvedt Meling, University of Bergen

    Anonymous trading in equities

    09.03, 15:00 - 16:00
    FACULTY LOUNGE

    Raffaele Giuliana, NHH

    How did the bail-in affect European banks' bonds?

    06.04, 12:00 - 13:15
    FACULTY LOUNGE

    Evelina Gavrilova and Aija Polakova, NHH

    As it is in (Tax) Haven: Market Attitudes towards Secrecy
    Shopping

    13.06, 12:15 - 13:15
    FACULTY LOUNGE

     Xunhua Su (joint with Xiaoyu Zhang), NHH

    The Benefit of Going Public in Loan Markets and IPO Underpricing

    14.06, 12:15 - 13:15
    FACULTY LOUNGE

     B. Espen Eckbo, Tuck School of Business - Dartmouth, NHH

    Corporate Rivalry and Stock return Comovement

    20.06, 12:15 - 13:15
    FACULTY LOUNGE

     Tore Leite, NHH

    Security Choice and Expected Announcement Returns

    27.06, 12:15 - 13:15
    FACULTY LOUNGE

     Darya Yuferova, NHH

    Coming Early to the Party: High Frequency Traders in the Pre-Opening Phase and the Opening Auction of Euronext Paris

    28.06, 12:15 - 13:15
    FACULTY LOUNGE

     Konrad Raff, NHH

    Busy Directors: Strategic Interaction and Monitoring Synergies

    27.09, 12:15 - 13:15
    FACULTY LOUNGE

     Riccardo Calcagno, EM Lyon Business School

    Takeover Duration and Negotiation Process

    05.10, 12:15 - 13:15
    FACULTY LOUNGE

     B. Espen Eckbo, Tuck School of Business - Dartmouth, NHH

    The leverage-profitability correlation revisited

    8.11, 12:15 - 13:15
    FACULTY LOUNGE

     Andre Lot, NHH

     Subjective Survival Probabilities and the Annuity Puzzle - an Experimental Investigation

    16.11, 12:15 - 13:15
    FACULTY LOUNGE

     Wei Shi, NHH

    Follow the Leader: The Effect of Political Turnover on the Use of Proceeds from IPO

    20.11, 12:15 - 13:15 
    FACULTY LOUNGE

     Michael Kisser, NHH

    Finding market timing patterns when they are unlikely to exist

    30.11, 12:15 - 13:15
    FACULTY LOUNGE

     Emma Xu, Assistant Professor of Finance, University of Texas

    Product Durability and Corporate Policies

    05.12, 12:15 - 13:15
    FACULTY LOUNGE

     Giovanni Bruno, NHH

    Cash-flow Non-linearities and the Risk-reward Trade-off

    14.12, 12:15 - 13:15
    FACULTY LOUNGE

     Tommy Stamland and Jørgen Haug, NHH

    Valuation of Derivatives with Private Information

  • 2016

    2016

    30.03, 12:00-13:00       
    FACULTY LOUNGE                                                                                                                                
    Florian Nagler, Vienna Graduate School of Finance, and Nils Friewald, Department of Finance (NHH)
    "Stock Return and Refinancing Risk"
    24.05, 12:00-13:00       
    FACULTY LOUNGE                                     
    Chunbo Liu, Department of Finance (NHH) and Wei Shi, Department of Accounting, Auditing and Law (NHH)
    "CEO Expertise and the Design of Compensation Contracts: Evidence from Generalist versus Specialist CEOs"
    24.06, 12:00-13:00       
    FACULTY LOUNGE                                     
    Avanidhar Subrahmanyam, UCLA
    "When Information is Assymetric and Stock Ownership is a Consumption Good"
    30.06, 12:00-13:00       
    FACULTY LOUNGE                                     
    Christoph Herpfer, Swiss Finance Institute at EPFL
    "Officers, Soft Information and Relationship Lending"
    30.08, 12:15-1300       
    FACULTY LOUNGE                                     
    Patrick Augustin, McGill University
    "Multi-Market Trading and Cross-Asset Integration"
    05.09, 12:00-13:00       
    FACULTY LOUNGE                                     

    Giovanni Bruno, Department of Financ (NHH)

    PhD Summer Paper Presentation:
    "Call Optimum Prices and Risk in General Equilibrium"

    06.09, 10:15-11:15       
    FACULTY LOUNGE                                     

    Negar Ghanbari, Department of Finance (NHH)

    PhD Summer Paper Presentation:
    "Callable Bonds and Liquidity Effects"

    07.09, 10:15-11:15       
    FACULTY LOUNGE                                     

    Xiaoyu Zhang, Department of Finance (NHH)

    PhD Summer Paper Presentation:
    "Is corporate social responsibility due partly to agency problems?"

    08.09, 14.15-15:15       
    FACULTY LOUNGE                                     

    Stig Roar Lundeby, Department of Finance (NHH)

    PhD Summer Paper Presentation:
    "Consumption - Based Asset Pricing"

    09.09, 12.15-13:15       
    FACULTY LOUNGE                                     

    Debashis Senapati, Department of Finance (NHH)

    PhD Summer Paper Presentation:
    "Delegated Agent Asset Pricing Model: Evidence from US Mutual Funds"

    09.09, 14:15-15:15       
    FACULTY LOUNGE                                     

    Loreta Rapushi, Department of Finance (NHH)

    PhD Summer Paper Presentation:
    "Leverage-decreasing Recaps and Firm Value"

    12.10, 12:15-13:15       
    FACULTY LOUNGE                                     
    Yun Tang, Department of Finance (NHH)
    "Reward-timing Uncertainty, Languages and R&D Investment"
    16.11, 12:15-13:15       
    FACULTY LOUNGE                                     
    Xunhua Su, Department of Finance (NHH)
    “Do Firms Respond to Industry Rising Stars?”
    30.11, 12:15-13:15       
    FACULTY LOUNGE                                     
    Darya Yuferova, Department of Finance (NHH)
    "Do High Frequency Traders Make Markets? A Study of Paris Euronext"
    14.12, 12:15-13:15       
    FACULTY LOUNGE                                     

    Maximilian Rohrer, Department of Finance (NHH)

    "Challenging management in public, an empirical study of a new governance channel"

  • 2015

    2015

    MAY                                                                                                                                                 Hanqing Wang, Department of Finance (NHH)
    "Impacts of Moral Hazard in Governance on Director Turnover: A Natural Experiment Approach"
    SEPTEMBER                       

    Xioayu Zhang, Department of Finance (NHH)
    "Product Market Threats and Payment Method in M&A"

         Varun Verma, Department of Finance (NHH)
    "Impact of Customer Leverage on Supplier Leverage"
        Raffaele Giuliana, Department of Finance (NHH)
    "Leverage, imports and profitability: How did Norwegian private firms react to China's access to WTO?"
      Loreta Rapushi, Department of Finance (NHH)
    "Are all leverage-reducing recapitalizations the same?"
      Giovanni Bruno, Department of Finance (NHH)
    "The Impact of Central Clearing on Counterparty Risk?"
      Negar Ghanbari, Department of Finance (NHH)
    "GDP per Capita and Carry Trade Returns"
      Kamil Kladivko, Department of Finance (NHH)
    "Employee Stock Options Incomplete Market Valuation and Optimal Exercise: Insiders versus Outsiders"
    OCTOBER Johan Mellberg, Department of Finance (NHH)
    "The Swedish Say-on-Pay Experiment"
      Ole Christian Bech-Moen, Norges Bank Investment Management (NBIM)
    "The Government Pension Fund Global - Long-term Asset Allocation?" 
      Eric de Bodt, Lille School of Management Research Centre and SKEMA
    "The full-Stock payment marginalization in M&A transactions"
    NOVEMBER Xunhua Su, Department of Finance (NHH)
    "Product market threats and financial contracting: evidence from performance sensitive debt"
  • 2014

    2014

    APRIL                                                                                                                                                                                                                                     Hanqing Wang, Department of Finance (NHH) "Risk Aversion and CEO Selection"
    MAY

    Karin S. Thorburn, Department of Finance (NHH) "Who initiates corporate takeovers?"

         Tyler Hull, Department of Finance (NHH) "Expertise of Proximity in International Private Equity? Evidence from a Natural Experiment"
        Cornelius Schmidt, Department of Finance (NHH) "Does traparency increase executive compensation?"
    JUNE  Francisco Santos, Department of Finance (NHH) "Return Predictability Information in Single Country Closed-End Fund Discounts"
      Francisco Santos, Department of Finance (NHH) "Do foreign investors have an edge?"
      Aksel Mjøs and Svein-Arne Persson, Department of Finance (NHH) "Why bankers are boring"
      Michael Kisser, Department of Finance (NHH) "Are profitable firms better investments?"
    SEPTEMBER Yun Tang, Department of Finance (NHH) "CEO Turnover and Social Capital"
      Jens Sørlie Kværner, Department of Finance (NHH) "Oil Beta, Good or Bad?" 
      Aksel Mjøs, Department of Finance (NHH) and Ove Rein Hetland, Ernst & Young (previous PhD student) "Credit to Norwegian firms during the financial crisis"
      Johan Mellberg, Department of Finance (NHH) "Ownership Structure and Cash Holdings in Private Firms"
      Varum Varma, Department of Finance (NHH) "Dividend policy impact on economically linked firms"
      Raffaele Giuliana, Department of Finance (NHH) "How do banks increase the equity ratio?"
    OCTOBER Xunhua Su, Norwegian University of Science and Technology (NTNU) "Home Equity-Base Refinancing and Household Financial Difficulties: The Case of Norway"
      Chunbo Liu, Department of Finance (NHH) "Growth Opportunities and Debt Covenants: Evidence from a Natural Experiment"
    DECEMBER Nikhil Atreya, Department of Finance (NHH) "A dynamic structural model of a bank with correlated assets"
  • 2013

    2013

    MARCH Michael Kisser, Department of Finance (NHH)
     

    Michael Kisser, Department of Finance (NHH)

    APRIL     Zuzana Laffersova, Department of Finance (NHH 
        Tiago Pinheiro, Department of Accounting, Auditing and Law (NHH)
      Hanqing Wang, Department of Finance (NHH)
      Martin Evanger, Department of Finance (NHH)
    MAY Geir Magne Bøe, Department of Finance (NHH)
      Carsten Bienz, Department of Finance (NHH)
      Karin S. Thorburn, Department of Finance (NHH)
    JUNE  Francisco Santos, Department of Finance (NHH) 
      Tommy Stamland, Department of Finance (NHH)
    OCTOBER Tore Leite, Department of Finance (NHH)
      Qiangian Du, University of Stavanger (UiS)
      Tyler Hull, Department of Finance (NHH)
    "US Private Equity Firms and Internaitonal Leveraged Buyout Transactions"
    NOVEMBER Konrad Raff, University of Amsterdam
    "Corporate Governance and Firm Entry"
      Jørgen Haug, Department of Finance (NHH)
    "Optimal sequential investment in the presence of lawsuits"
     

    Carsten Bienz, Department of Finance
    "The Bullshit Effect in Private Equity Fundraising"