• An analysis of Bitcoin’s price dynamics 

      Kjærland, Frode; Khazal, Aras; Krogstad, Erlend Aune; Nordstrøm, Frans Bertil Gyllenhammar; Oust, Are (Journal article; Peer reviewed, 2018)
      This paper aims to enhance the understanding of which factors affect the price development of Bitcoin in order for investors to make sound investment decisions. Previous literature has covered only a small extent of the ...
    • Bidding behaviour in the housing market under different market regimes 

      Olaussen, Jon Olaf; Oust, Are; Sønstebø, Ole Jakob (Journal article; Peer reviewed, 2018)
      The aim of this paper is to investigate whether different market regimes affect bidding behavior in housing auctions. Taking advantage of special circumstances in the Norwegian housing market in 2015 and 2016, we conduct ...
    • Corporate Governance and Earnings Management in a Nordic Perspective: Evidence from the Oslo Stock Exchange 

      Kjærland, Frode; Haugdal, Ane Tolnes; Søndergaard, Anna; Vågslid, Anne (Peer reviewed; Journal article, 2020)
      The purpose of the study is to examine the relation between Nordic corporate governance practices and earnings management. We find that the presence of employee representation on the board and the presence of an audit ...
    • Do IFRS promote transparency? Evidence from the bankruptcy prediction of privately held Swedish and Norwegian companies 

      Kainth, Akarsh; Wahlstrøm, Ranik Raaen (Peer reviewed; Journal article, 2021)
      The purpose of our paper is to investigate whether any differences between International Financial Reporting Standards (IFRS) and local Generally Accepted Accounting Principles (GAAP) impact the transparency of financial ...
    • Market Volatility and Investors’ View of Firm-Level Risk: A Case of Green Firms 

      Kyaw, Khine (Peer reviewed; Journal article, 2020)
      Do investors believe that firm-level (i.e., idiosyncratic) risk of green (i.e., environmentally responsible) firms is relatively lower? How does high market volatility affect the investors’ view on the firm-level risk ...
    • The MAX Effect in an Oil Exporting Country: The Case of Norway 

      Kashif, Muhammad; Leirvik, Thomas (Peer reviewed; Journal article, 2022)
      This paper assesses the effects of investors’ lottery-seeking behavior on expected returns in the Norwegian equity market, a relatively small equity market dominated by the energy industry. We use the MAX factor defined ...
    • Modelling Stock Returns and Risk Management in the Shipping Industry 

      Mohanty, Sunil K.; Ådland, Roar Os; Westgaard, Sjur; Frydenberg, Stein; Lillienskiold, Hilde; Kristensen, Cecilie (Peer reviewed; Journal article, 2021)
      We estimate the impact of macroeconomic risk factors on shipping stock returns, using a quantile regression (QR) model. We regress the excess return of a portfolio for the container, dry bulk, chemical/gas, oil tanker, and ...