Øyvind Bøhren
Professor emeritus of Finance

Publications and working papers

International refereed journals  |  National refereed journals  |  Working papers  |  Work in progress 

 

International refereed journals Go to top

  1. Dividends and taxes: The moderating role of agency conflicts, with Janis Berzins and Bogdan Stacescu, Journal of Corporate Finance 58, 2019, pp. 583-604. SSRN
  2. When does the family govern the family firm?, with Bogdan Stacescu, Line Almli, and Kathrine Søndergaard, Journal of Financial and Quantitative Analysis 54, issue 5, 2019, pp. 2085-2117. SSRN
  3. Modeling the response to exogenous shocks: The capital uplift rate in petroleum taxation, with Magnus Berg and Erik Vassnes, Energy Economics 69, 2018, pp. 442-455. SSRN
  4. Shareholder conflicts and dividends, with Janis Berzins and Bogdan Stacescu, Review of Finance 22, 2018, pp. 1807-1840. SSRN
  5. Mandatory gender balance and board independence, with Siv Staubo, European Financial Management, 2016, vol. 11-1, pp. 3-30. SSRN
  6. Does mandatory gender balance work? Changing organizational form to avoid board upheaval, with Siv Staubo, Journal of Corporate Finance 28, 2014, pp. 152–168. SSRN
  7. Stakeholder rights and economic performance: The profitability of non-profits, with Morten G. Josefsen, Journal of Banking and Finance 37, 2013, pp. 4073-4086. SSRN
  8. The economics of minority freezeouts: Evidence from the courtroom, with Nils Erik Krosvik, International Review of Law and Economics 36, 2013, pp. 48-58. SSRN
  9. Stakeholder conflicts and dividend policy, with Morten G. Josefsen and Pål Erik Steen, Journal of Banking and Finance 36, 2012, pp. 2852-2864. SSRN
  10. Governance and politics: Regulating independence and diversity in the boardroom, with R. Øystein Strøm, Journal of Business Finance and Accounting 37, 2010, pp. 1281-1307. SSRN
  11. Managing earnings with intercorporate investments, with Jørgen Haug, Journal of Business Finance and Accounting 33, 2006, pp. 671-695. SSRN
  12. Governance and performance revisited, with Bernt Arne Ødegaard, in P. U. Ali and G. Gregouriu (eds), International Corporate Governance after Sarbanes-Oxley. Wiley, 2006. PDF
  13. Compliance with flexible accounting standards, with Jørgen Haug and Dag Michalsen. International Journal of Accounting 39, 2004, pp. 1-19. SSRN
  14. Patterns of corporate ownership: Insights from a unique data set, with Bernt Arne Ødegaard. Nordic Journal of Political Economy 27, 2001, pp. 55-86. SSRN
  15. The agent's ethics in the principal-agent model. Journal of Business Ethics 17, 1998, pp. 745-755. PDF
  16. Why underwrite rights offerings? Some new evidence, with B. Espen Eckbo and Dag Michalsen. Journal of Financial Economics 46, 1997, pp. 223-261. SSRN
  17. Determinants of intercorporate shareholdings, with Øyvind Norli. European Finance Review 1, 1997, pp. 265-287. SSRN
  18. Risk components and the market model: A pedagogical note. Applied Financial Economics 7, 1997, pp. 307-310. PDF
  19. Corporate cross-ownership and market aggregates: Oslo Stock Exchange 1980-1990, with Dag Michalsen. Journal of Banking and Finance 18, 1994, pp. 687-704. SSRN
  20. Theory development processes in the social sciences: The case of stochastic choice theory. Journal of Economic Psychology 11, no. 1, 1990, pp. 1-34. PDF
  21. The validity of conventional valuation models under multiperiod uncertainty. Journal of Business Finance and Accounting 11, no. 2, 1984, pp. 199-211. PDF
  22. Bounding certainty equivalent factors and risk-adjusted discount rates. Journal of Business Finance and Accounting 10, no. 1, 1983, pp. 139-146. PDF
  23. Probabilities proportional to time-state prices, with Steinar Ekern. Economics Letters 8, no. 4, 1981, pp. 1-6. PDF
  24. Capital budgeting with unspecified discount rates, with Terje Hansen. Scandinavian Journal of Economics 82, no. 1, 1980, pp. 45-58. PDF
  25. North Sea oil taxes and sharing of risk: A comparative case study, with Cornelius Schilbred. Energy Economics 2, 1980, pp. 145-153. PDF
  26. Consistent rankings based on total and differential amounts under uncertainty, with Steinar Ekern. Decision Sciences 10, no. 4, 1979, pp. 519-526. PDF

 

National refereed journals Go to top

  1. Solstrøm fra boligtak er ofte godt for både klima og økonomi, men ikke i dagens Norge, with Per Ivar Gjærum and Torkel Hasle, Forthcoming, Samfunnsøkonomen, 5, 2021, pp. 33-51. SSRN
  2. Økonomiske særtrekk ved stiftelser (Economic characteristics of ownerless firms), Nordisk Tidsskrift for Selskapsrett, 2014, pp. 1–14. PDF
  3. Lønnsomhet i næringsklynger (Investment returns in industry clusters), with Fredrik Hoseth and Håvard Remøy, Samfunnsøkonomen, 2014, pp. 14-23. PDF
  4. Norske familiebedrifter: Omfang, eierstyring og lønnsomhet, with Janis Berzins, Praktisk Økonomi og Finans 29, 2013, pp. 57-75. PDF
  5. Bok og nettside som integrert læreverk (Textbook and webpage as an integrated learning tool), with Per Ivar Gjærum, Magma 15, 2012, pp. 63-72. PDF
  6. Unoterte aksjeselskaper selskaper er viktige, uutforskede og spesielle (Private firms are important, underreserached, and unique), with Janis Berzins, Praktisk Økonomi og Finans 8 (2), 2009, pp. 65-75. PDF
  7. Eierskap og lønnsomhet (Ownership and value creation). Økonomisk Forum 59 (5), 2005, pp. 4-14. PDF
  8. Tvangsinnløsning av minoritetseiere: Rettsøkonomien i norske skjønnssaker gjennom 25 år (Minority freezeouts: Law and economics in Norwegian courts over 25 years), with Nils Erik Krosvik). Tidsskrift for Rettsvitenskap 118 (1-2), 2005, pp. 122-152. PDF
  9. På leting etter god pristeori: Historien om kapitalverdimodellen (Searching for a good price theory: The story of the capital asset pricing model). Sosialøkonomen 47, no. 2, 1993, pp. 20-24. PDF
  10. Egenkapitalrentabilitet og skatt: En kritisk analyse (Equity returns and taxes: A critical reexamination), with Knut Larsen, Dag Michalsen and Hans Robert Schwencke. Beta 5, no. 1, 1991, pp. 54-63. PDF
  11. Skattebaserte finansieringsinsentiver i norske aksjeselskaper fra 1970 til 1990 (Tax-based financing incentives in the Norwegian tax system from 1970 to 1990), with Dag Michalsen. Norsk Økonomisk Tidsskrift 104, no. 4, 1990, pp. 303-336. PDF
  12. Merton Miller, norsk beskatning og finansiell verdiskapning (Merton Miller and the value of financing in the Norwegian tax system), with Dag Michalsen. Sosialøkonomen 44, no. 11, 1990, pp. 13-15. PDF
  13. PC-integrert undervisning i bedriftsøkonomi: Pedagogiske hensyn (Teaching managerial economics with PC-tools: Pedagogical issues). Beta 1, no. 3/4, 1987, pp. 101-106. PDF
  14. Usikkerhet i oljeprosjekter: Relevante og irrelevante risikohensyn (Oil projects and risk: Relevant and irrelevant risk factors), with Steinar Ekern. Beta 1, no. 1, 1987, pp. 23-30. PDF
  15. Usikkerhet i oljeprosjekter (The economic uncertainty of oil projects), with Steinar Ekern. Sosialøkonomen 40, no. 9,  1986, pp. 19-23. PDF
  16. Skattefradrag for realrenter (Tax-deductible real interest costs). Sosialøkonomen 37, no. 9, 1983, pp. 12-16. PDF
  17. Informasjonsøkonomi - en selektiv oversikt (Information Economics - a partial review). Erhvervsøkonomisk Tidsskrift 44, 1980, pp. 31- 48.
  18. Akseptable gjeldsrenter i inflasjonstider (Acceptable interest rates under inflation), with Terje Hansen. Sosialøkonomen 33, no. 3, 1979, pp. 18-20. PDF
  19. Investeringsplanlegging under budsjettrestriksjoner - en kommentar (Capital budgeting and capital rationing - A comment). Sosialøkonomen 32, 1978, pp. 28-39. PDF
  20. Om vurdering av teori: Anvendelse av vurderingskriterier med Howard-Sheth modellen som eksempel (On theory evaluation: Applying evaluation criteria to the Howard-Sheth model). PDF

 

Working papers Go to top

  1. The Family Behind the Family Firm Premium: Small Agency Conflicts and Large Financial Constraints, with Janis Berzins and Bogdan Stacescu, May, 2023.SSRN
  2. Illiquid owners and firm behavior: Financial and real effects of the personal wealth tax in private firms, with Janis Berzins and Bogdan Stacescu, February, 2022. SSRN
  3. Solstrøm er ofte godt for både klima og økonomi, men ikke i Norge, with Per Ivar Gjærum and Torkel Hasle, May, 2021. SSRN
  4. The persistent ownership structure of private firms, with Diana‐Cristina Iancu, Georgiana Radulescu and R. Øystein Strøm, September, 2020. SSRN
  5. The effect of shareholder turnout on voting rights and separation, with Sebastian Christophersen and Simen Lerfaldet, March, 2020. SSRN
  6. The governance and finance of Norwegian family firms: Main characteristics of the population, with Janis Berzins and Bogdan Stacescu, May, 2018. SSRN

 

Work in progress Go to top

  1. The performance permium of family firms, with Janis Berzins and Bogdan Stacescu.