Doctoral Dissertations by GSF Students

2024

Mai, Sinh Thoi 2024 “Essays on Monetary Policy Shocks and Firm Strategic Response : Applications of Machine Learning Methods”, Hanken School of Economics

Yahya, Habeeb 2024 “ESG and Financial Performance of Firms: Nordic Evidence”, University of Turku

Vacca, Matteo 2024 “Three Essays in Behavioral and Corporate Finance”, Aalto University

2023

Malik, Ali 2023 “Essays on the Impact of Policy Uncertainty on the Financial Markets”, Hanken School of Economics

Zhang, Lidan 2023 “Exploring the Financial Landscape of China: Political Connections, Geopolitical Uncertainty and Renminbi Internationalization”, Hanken School of Economics

Ahmed, Shaker 2023 “Essays on Executive Characteristics, Risk-taking, and Compensation in the Banking Industry”, University of Vaasa

Pitkäjärvi, Aleksi 2023 “Essays on Time Series Momentum”, Aalto University

Finne, Gustav 2023 “Essays on Asset Pricing and Corporate QE”, Hanken School of Economics

2022

Kauppila, Mikko 2022 “Whither Alpha? Hedge Fund Performance in Voluntary Versus Regulatory Data Sets”, University of Oulu

Fatmy, Veda 2022 “Essays on Corporate Social Responsibility and its Efficacy in Value Creation”, University of Vaasa

Sapkota, Niranjan 2022 “Essays on the New Blockchain-Based Digital Financial Market: Risks and Opportunities”, University of Vaasa

Yu, Wenjia 2022 “Essays on Sustainable Mutual Funds”, Aalto University

Savolainen, Ville 2022 “Theoretical Essays in Blockchain Economics and Asset Pricing”, Hanken School of Economics

2021

Yasar, Sara 2021 “Essays on Bank Liquidity Creation”, University of Vaasa

Huhtamäki, Fredrik 2021 “Corporate Leadership and Utility from Non-Pecuniary Factors: Essays on Workplace Safety, Shared Leadership, and Long-Term Orientation”, Hanken School of Economics

Li, Yijie 2021 “Essays on Investor Broker Behavior and Equity Markets”, Aalto University

2020

Ruman, Asif 2020 “Dividends, Fed’s Total Assets, Outside Money and Stock Market Performance”, University of Oulu

Jiang, Junhua 2020 “Essays on Financial Connectedness”, University of Vaasa

Hannula, Mika 2020 “Essays on Strategic Trading”, University of Turku

Vasudevan, Ellapulli 2020 “Essays on Investor Behavior and Bank Culture”, Aalto University

Salehi, Hamed 2020 “The Use of EFTs and Protective Option Strategies by Delegated Asset Managers”, University of Oulu

2019

Meyer, Niclas 2019 “Essays on Stakeholder-Related Corporate Misconduct and Consequences for CEOs and Directors”, Hanken School of Economics

Klemola, Antti 2019 “Essays on Irrational Investors’ Behavioral Biases and Pricing Efficiency”, University of Vaasa

Paaso, Mikael 2019 “Essays on Entrepreneurial Finance”, Aalto University

Vokatá, Petra 2019 “Essays on Financial Innovation”, Aalto University

Huang, Kun, 2019 “Implied Volatility and Option Pricing Models”, Hanken School of Economics

2018

Karell, Ville 2018 “Essays on Stock Market Anomalies”, Lappeenranta University of Technology

Haapalainen, Tuomo 2018 “Essays on the Effects of Past Gains on Subsequent Risk-Taking and Stock Returns”, University of Oulu

Iqbal, Jamshed 2018 “Essays on the Relationship between Corporate Governance Mechanisms and Risk-Taking by Financial Institutions”, University of Vaasa

Sihvonen, Markus 2018 “Essays on the Aggregate Effects of Frictions and Biases”, Aalto University

Niemenmaa, Mikko 2018 “Differences of Opinion in the Stock Market”, Aalto University

2017

Dimic, Nebojsa 2017 “Essays on Emerging Market Finance”, University of Vaasa

Conlin, Andrew 2017 “Essays on Personality Traits and Investor Behavior”, University of Oulu

2016

Kotkatvuori-Örnberg, Juha 2016 “Essays on heterogeneous news flow on volatility”, University of Vaasa

Orlov, Vitaly 2016, “Essays on Currency Anomalies”, University of Vaasa

Luotonen, Niilo 2016, “Essays on Investment Decisions of Households Across the Wealth Spectrum”, Aalto University

Zhang, Mo 2016, “Essays on Mispricing in the Chinese Stock Market”, Hanken School of Economics

Gonzalez, David 2016 “Essays on Mutual Fund Performance”, Hanken School of Economics

Okat, Deniz 2016, “Essays on Auditing, Banking, and Political Bargaining”, Aalto University

Xie, Yamin 2016, “Essays on corporate finance and governance”, Hanken School of Economics

Rantala, Ville 2016 “Essays on Peer Effects in Finance”, Aalto University

Sergey Osmekhin 2016 “Essays on Algorithmic Trading”, Hanken School of Economics

Jesper Haga 2016 “Essays on Asset Pricing Anomalies, Information Flow and Risk”, Hanken School of Economics

2015

Antti Lehtoranta 2015 “Essays on the effects of childhood experiences on household decision making”, Aalto University

Pettersson, John 2015, “Essays on Momentum and Risk”, Hanken School of Economics

Joonas Hämäläinen 2015 “Portfolio selection under directional return predictability”, University of Turku

2014

Grobys, Klaus 2014  “Essays on Empirical Asset Pricing”, University of Vaasa

Saarela, Helinä 2014 “The Influence of Self-Perceived, Subjective Attributes on Investment Behavior”, University of Oulu

Blomkvist, Magnus 2014 “Essays on Market States, Firm Growth and Corporate Finance Decisions”, Hanken School of Economics

Tolonen, Pekka 2014 “Three Essays on Hedge Fund Performance”, University of Oulu

Délèze, Frédéric 2014 “Essays in Quantitative Analysis of The Effects of Market Imperfections on Asset Returns”, Hanken School of Economics

Pöyry, Salla 2014 “Essays on Financial Market Frictions and Imperfections”, Hanken School of Economics

Wang, Peng 2014 “Four Essays on Corporate Finance of Chinese Listed Firms”, Hanken School of Economics

Davydov, Denis 2014 “Essays on Debt Financing, Firm Performance, and Banking in Emerging Markets”, University of Vaasa

2013

Kinnunen, Jyri 2013 “Risk-Return Trade-off and Autocorrelation”, Lappeenranta University of Technology

Butt, Hilal Anwar 2013 “Asset Pricing in Small Sized Developed Markets”, Hanken School of Economics

Piljak, Vanja 2013 “Essays on the Co-movement Dynamics of Frontier/Emerging and Developed Financial Markets”, University of Vaasa

Virk, Nader, 2013 “Explanations for Finnish Stock Returns with Fundamental and Anomalous Risk”, Hanken School of Economics

Sihvonen, Jukka, 2013 “Essays on Information and Externalities in Financial Markets”, University of Vaasa

Fedorova, Elena, 2013 “Interdependence of Emerging Eastern European Stock Markets”, Lappeenranta University of Technology

2012

Leivo, Timo 2012 “Pricing Anomalies in the Finnish Stock Market”, Lappeenranta University of Technology

Kuttu, Saint 2012 “Essays on Volatility and Time Varying Conditional Jumps in Thinly Traded African Financial Markets”, Hanken School of Economics

Kalle Rinne 2012 “Essays on Price Impact and Provision of Immediacy”, Aalto University

Petri Jylhä 2012 “Essays on the Economics of Hedge Funds”, Aalto University

2011

Kokkonen, Joni 2011 “Essays on Asset Pricing, Portfolio Choice and Investments”, Aalto University

2010

Joenväärä, Juha 2010 “Essays on Hedge Fund Performance and Risk”, University of Oulu

Badshah, Ishan Ullah 2010 “Modeling and Forecasting Implied Volatility: Implications for Trading, Pricing and Risk Management”, Hanken School of Economics

2009

Peltomäki, Jarkko 2009 “Do Investors Benefit from the Use of Options and Complexity of Derivative Strategy of a Hedge Fund?”, University of Vaasa

Ahmed, Sheraz 2009 “Essays on Corporate Governance and the Quality of Disclosed Earnings”, Hanken School of Economics

Westman, Hanna 2009 “Corporate Governance in European Banks: Essays on Bank Ownership”, Hanken School of Economics

Saleem, Kasif 2009 “Essays on Pricing of Risk and International Linkage of Russian Stock Market”, Lappeenranta University of Technology

Nyberg, Peter 2009 “Essays on Risk and Return”, Hanken School of Economics

Thurlin, Arto 2009 “Essays on Market Microstructure: Price Discovery and Informed Trading”, Hanken School of Economics

Hussain, Syed Mujahid 2009 “Intraday Dynamics of International Equity Markets”, Hanken School of Economics

Lehenkari, Mirjam 2009 “Essays on the Effects of Gains and Losses on the Trading Behaviour of Individual Investors in the Finnish Stock Market”, University of Oulu

2008

Sandström, Annika 2008 “Political Risk in Credit Evaluation: Empirical Studies and Survey Results”, Hanken School of Economics

Rokkanen, Nikolas 2008 “Corporate Funding on the European Debt Capital Market”, Hanken School of Economics

Kulp-Tåg, Sofie 2008 “Modeling nonlinearities and asymmetries in asset prices”, Hanken School of Economics

2007

Knüpfer, Samuli 2007 “Essays on Household Finance”, Helsinki School of Economics

Huang, Chunyang 2007 “Essays on Corporate Governance Issues in China”, Helsinki School of Economics

Kyröläinen, Petri 2007 “Essays on Investor Behavior and Trading Activity”, University of Oulu

Janne Äijö 2007 “Essays on Macroeconomic News Announcements and Option-Implied Information”, University of Vaasa

2006

Ji, Gang 2006 “Corporate Governance in China”, Swedish School of Economics and Business Administration

Rantapuska, Elias 2006 “Essays on Investment Decisions of Individual and Institutional Investors”, Helsinki School of Economics

Wilhelmsson, Anders 2006 “Essays on the Modeling and Prediction of Volatility and Higher Moments of Stock Returns”, Swedish School of Economics and Business Administration

2005

Karakozova,Olga 2005 “Modelling and Forecasting Property Rents and Returns”, Swedish School of Economics and Business Administration

Toivonen, Harri 2005 “Modeling, Valuation and Risk Management of Commodity Derivatives”, Helsinki School of Economics