Executive Summaries

Researchers at the Swedish House of Finance regularly publish in top finance academic journals.
Below are executive summaries of a selection of articles recently published or forthcoming.
Complete versions of the articles can be found on the SSRN eLibrary.


Leverage Dynamics
Michael Halling
Jin Yu
Josef Zechner
2016-03-23

Corporate Scandals and Household Stock Market Participation
Mariassunta Giannetti
Tracy Wang
2016-02-04

Aggregate Jump and Volatility Risk in the Cross-Section of Stock Returns
Martijn Cremers
Michael Halling
David Weinbaum
2015-08-26

Contractual incompleteness, limited liability and asset price bubbles
James Dow
Jungsuk Han
2015-05-08

Trading Fast and Slow: Colocation and Liquidity
Jonathan Brogaard
Björn Hagströmer
Lars Nordén
Ryan Riordan
2015-04-14

Rise of the Machines: Algorithmic Trading in the Foreign Exchange Market
Alain Chaboud
Benjamin Chiquoine
Erik Hjalmarsson
Clara Vega
2014-09-09

REACHING FOR YIELD IN THE BOND MARKET
Bo Becker
Victoria Ivashina
2014-06-16

FINANCIAL EXPERT CEOS: CEO’S WORK EXPERIENCE AND FIRM’S FINANCIAL POLICIES
Cláudia Custódio
Daniel Metzger
2014-04-09

LEGAL INVESTOR PROTECTION AND TAKEOVERS
Mike Burkart
Denis Gromb
Holger Mueller
Fausto Panunzi
2014-05-14

THE BRAIN GAIN OF CORPORATE BOARDS: EVIDENCE FROM CHINA
Mariassunta Giannetti
Guanmin Liao
Xiaoyun Yu
2013-12-03

How Do CEOs Matter? The Effect of Industry Expertise on Acquisition Returns
Daniel Metzger
Claudia Custodio
2013-11-15

CEO ownership, stock market performance, and managerial discretion
Ulf von Lilienfeld-Toal
Stefan Ruenzi
2013-11-15

Wrongful Discharge Laws and Innovation
Viral Acharya
Ramin Baghai
Krishnamurthy Subramanian
2013-09-08

Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing
Ramin Baghai
Henri Servaes
Ane Tamayo
2013-09-08

Twin Picks: Disentangling the Determinants of Risk- Taking in Household Portfolios
Laurent E. Calvet
Paolo Sodini
2013-04-03

Investor Horizons and the Amplification of Market Shocks
Cristina Cella
Andrew Ellul
Mariassunta Giannetti
2013-04-03