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 Evidence, Management Science, forthcoming.
2024
De Bodt, Eric, B. Espen Eckbo, and Richard R. Roll, 2024, Competition Shocks, Rival Reactions, and Return Comovement, Journal of Financial and Quantitative Analysis, forthcoming
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 managers. Journal of Financial Intermediation; Volum 54. doi:10.1016/j.jfi.2023.101025
Rohrer, Maximilian, Diego Garcia and Xiaowen Hu, 2023.The colour of finance words. Journal 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-through. Journal 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 Revisited. Management 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 Dakota. Journal 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 Behaviour. Journal 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 valuation. Journal 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