Research at CCF

Research at CCF

2025

Eckbo, B. Espen, Xunhua Su, and Karin S. Thorburn, 2025, Bank Compensation for the Penalty-Free Loan-Prepayment option: Theory and EvidenceManagement Science, forthcoming.

2024

De Bodt, EricB. Espen Eckbo, and Richard R. Roll, 2024, Competition Shocks, Rival Reactions, and Return ComovementJournal of Financial and Quantitative Analysisforthcoming

Brogaard, Jonathan, Nataliya Gerasimova and Maximilian Rohrer, 2024. The Effect of Female Leadership on Contracting from Capitol Hill to Main Street.Journal of Financial Economics; Volum 155.

Karapetyan, Artashes, Jens Soerlie Kvaerner and Maximilian Rohrer, 2024. Inefficient Regulation: Mortages versus Total Credit.Review of Finance; Volum 28. s. 311-351

2023

Eckbo, B. Espen, Kai Li, and Wei Wang, 2023, Loans to Chapter 11 Firms: Contract Design, Repayment Risk, and Pricing. The Journal of Law and Economics, doi 10.1086/724421.

Eckbo, B. Espen, and Markus Lithell, 2023, Merger-Driven Listing Dynamics. Journal of Financial and Quantitative Analysis, 1-49, doi:10.1017/S0022109023001394

Bienz, Carsten Gero, Karin S. Thorburn and Uwe Walz, 2023. Fund ownership, wealth, and risk-taking: Evidence on private equity managersJournal of Financial Intermediation; Volum 54. doi:10.1016/j.jfi.2023.101025

Rohrer, Maximilian, Diego Garcia and Xiaowen Hu, 2023.
The colour of finance wordsJournal of Financial Economics; Volum 147.(3) s. 525-549. 

2022

Garcia, Diego, Xiaowen Hu and Maximilian Rohrer, 2022: "The Colour of Finance Words". Journal of Financial Economics, 147 (3), 525-549

Chen, Jie, Xunhua Su, Xuan Tian and Bin Xu, 2022.
Does customer base structure influence managerial risk-taking incentives?Journal of Financial Economics; Volum 143.(1) s. 462-483

Herpfer, Christoph, Aksel Mjøs and Cornelius Schmidt, 2022.
The Causal Impact of Distance on Bank Lending. Management Science; Volum 69.(2) s. 723-740

Lee, Kyeong Hun, David C. Mauer and Emma Q. Xu, 2022.
Selling durables: Financial flexibility for limited cost pass-throughJournal of Corporate Finance; Volum 75

2021

Eckbo, B. Espen, Knut Nygaard and Karin S. Thorburn, 2021, “Valuation effects of Norway’s board gender-quota law revisited,” Management Science, forthcoming.

Eckbo, B. Espen, Michael Kisser, 2021: "The Leverage-Profitability Puzzle Resurrected", Review of Finance, forthcoming.

De Bodt, Eric, Muhammad Farooq Ahmad, Jarrad Harford, 2021:"International Trade and the Propagation of  Merger Waves". Review of Financial Economics, forthcoming.

Eckbo, B. Espen, Michael Kisser, 2021:  "Tradeoff theory and leverage dynamics of high-frequency debt issuers". Review of Finance, forthcoming.

Eckbo, B. Espen, Knut Nygaard and Karin S. Thorburn, 2021.
Valuation Effects of Norway’s Board Gender-Quota Law RevisitedManagement Science; Volum 68.(6) s. 4112-4134

Bjørnland, Hilde C., Frode Martin Nordvik and Maximilian Rohrer, 2021.
Supply flexibility in the shale patch: Evidence from North DakotaJournal of applied econometrics; Volum 36.(3) s. 273-292

2020

Eckbo, B. Espen, Andrey Malenko, Karin S. Thorburn, 2020: "Strategic Decisions in Takeover Auctions". Annual Review of Financial Economics, 12, 237-276

Chi, Daniel, Xunhua Su, Yun Tang, Bin Xu, 2020:  "Is Language an Economic Institution? Evidence from R&D." Forthcoming,  Journal of Corporate Finance, 62, 101-578

2018

Lee, Kyeong Hun, 2018. Cross-border Mergers and Acquisitions amid Political Uncertainty: A Bargaining Perspective. Strategic Management Journal, 39 (2),  2992-3005

Lee, Kyeong Hun, 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, 59 (2), 302-319

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

2017

Chi, Daniel and Xunhua Su, 2017. The dynamics of performance volatility and firm valuationJournal of Financial and Quantitative Analysis, 52 (2), 111-142

2016

Bakke, Einar, Tore Leite and Karin S. Thorburn, 2016. Partial Adjustment to Public Information in the Pricing of IPOs. Journal of Financial Intermediation, 32 (2), 1339-1351

Su, Xunhua, Li Zhang, 2016. A Re-examination of Credit Rationing in the Stiglitz and Weiss Model. Journal of Money, Credit and Banking, 49 (2), 1059-1072

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

Fahlenbrach, Rudiger and Cornelius Schmidt, 2016. Do exogeneous changes in passive institutional ownership affect corporate governance and firm value? Journal of Financial Economics, 124 (2), 285-306