• Governance in financial distress and bankruptcy 

      Thorburn, Karin S.; Ayotte, Kenneth M.; Hotchkiss, Edith S. (Working paper;2013:1, Working paper, 2013)
      This chapter provides a survey of law, economics, and finance scholarship at the intersection of corporate governance and financial distress. In financial distress, both inside and outside of bankruptcy court, formal and ...
    • Hedging without sweat : a genetic programming approach 

      Lensberg, Terje; Schenk-Hoppé, Klaus Reiner (Working paper;2013:5, Working paper, 2013)
      Hedging in the presence of transaction costs leads to complex op- timization problems. These problems typically lack closed-form so- lutions, and their implementation relies on numerical methods that provide hedging ...
    • Home Equity-Based Borrowing and Corporate Financing : Evidence from Norwegian Private Firms 

      Lan, Jing; Mjøs, Aksel; Su, Xunhua; Xia, Han (Working paper, 2023)
      Home equity-based borrowing has been blamed in the literature for causing financial instability (e.g., Mian and Sufi, 2011). In this study, we examine the bright side of home equity-based borrowing. Using Norwegian ...
    • Innovation, competition, and investment timing 

      Koskinen, Yrjö; Mæland, Jøril (Working paper;2013:3, Working paper, 2013)
      In our model multiple innovators compete against each other by submitting investment proposals to an investor. The investor chooses the least expensive proposal and when to invest in it. Innovators have to provide costly ...
    • Partial Adjustment to Public Information in the Pricing of IPOs 

      Bakke, Einar; Leite, Tore E.; Thorburn, Karin S. (Working paper, 2016-01)
      Extant literature shows that IPO first-day returns are correlated with market returns preceding the issue. We propose a new explanation for this puzzling predictability by adding a public signal to Benveniste and Spindt ...