Lars Oxelheim

Published articles and book chapters in international academic publications

Hearn, B., L. Oxelheim and T. Randøy, "The Institutional Determinants of Private Equity Involvement in Business Groups - The Case of Africa", Journal of World Business (forthcoming).

Gregoric, A., L. Oxelheim, T. Randøy and S. Thomsen, "Resistance to Change in the Corporate Elite: Female Directors’ Appointments onto Nordic Boards", Journal of Business Ethics. (forthcoming) 

Chiu, H., L. Oxelheim, C. Wihlborg and J. Zhang (2016), "Macroeconomic Fluctuations as Sources of Luck in CEO Compensation", Journal of Business Ethics, Vol 136, No 2, pp. 371-384. 

Campbell, C. J., R. P. Chang, J. C. DeJong, Jr., R. Doktor, L. Oxelheim, and T. Randøy (2016), ”The Impact of CEO Long-term Equity-based Compensation Incentives on Economic Growth in Collectivist versus Individualist Countries”, Asian Economic Papers, Vol. 15, No. 2. pp. 109-133.

Jankensgård, H., A. Alviniusen and L. Oxelheim (2016), "Why FX Risk Management Is Broken - And What Boards Need to Know to Fix It", Journal of Applied Corporate Finance, Winter Issue.Vol. 28, No. 1. pp 46-61.

Bakardieva-Engelbrekt, A., M. Martensson, L. Oxelheim and T. Pehrsson (2015), "The EU and Global Imbalances" in  Bakardieva-Engelbrekt, A, M. Martensson, L. Oxelheim and T. Pehrsson (eds.), EUs Role in Fighting Global  Imbalances, London: Elgars Publishing.

Oxelheim, L. and K. C. Clarkson (2015), "Cronyism and the Determinants of Chairman Compensation", Journal of Business Ethics. Vol. 131, No. 1, pp. 69-87.

Piekkari, R., L. Oxelheim and T. Randøy (2015), "The silent board: How language diversity may influence the work processes of corporate boards", Corporate Governance: An International Review. Vol. 23, No. 1, pp. 25-41.

Forssbaeck, J. and L. Oxelheim (2015), "The Multifaceted Concept of Transparency" in Forssbaeck, J. and L. Oxelheim (eds.), The Oxford Handbook of Economic and Institutional Transparency, New York: Oxford University Press.

Oxelheim, L. (2013), "Comments", Asian Economic Papers, Fall, Vol. 12, No. 3, pp. 58-60.

Oxelheim, L. and T. Randøy, (2013), "Globalization of Monitoring Practices: The Case of American Influences on the Dismissal Risk of European CEOs", Journal of Economics and Business. Vol. 70. pp. 1-19.

Oxelheim, L., A. Gregoric, T. Randøy and S. Thomsen (2013), "On the Internationalization of Corporate Boards – The Case of Nordic Firms”, Journal of International Business Studies, Vol.44. No.3,pp 173-194.

Oxelheim, L., C. Wihlborg and J. Zhang (2012), "How to Avoid Compensating CEO  for Luck: the Case of Macroeconomic Fluctuations" in Thomas, R and J. Hill (eds.), Research Handbook on Executive Pay. Cheltenham: Edgar Elgar Publishing,

Oxelheim, L., T. Randoy and A. Stonehill (2012), "What Can International Finance Add to International Strategy?", in Verbeke, A. and H. Merchant (eds.), Handbook of Research on International Strategic Management. Cheltenham: Elgar Elgar Publishing.

Oxelheim, L. and C. Wihlborg (2012), "Corporate Distress and Restructuring with Macroeconomic Fluctuations: The Cases of GM and Ford", Journal of Applied Finance, Vol. 22, No. 1, pp 71-88.

Andrén, N., H. Jankensgård and L. Oxelheim (2012), "Exposure-Based Cash-Flow-at Risk for Value Creating Risk Management under Macroeconomic Uncertainty" in Fabich, M., L. Firnkorn, U. Hommel and E. Schellenberg (eds.), The Strategic CFO - Creating Value in a Dynamic Market Environment. Heidelberg: Springer Verlag.

Oxelheim, L., C. Wihlborg and M. Thorsheim (2012), "The CFO's Information Challenge in Managing Macroeconomic Risk", in Fabich, M., L. Firnkorn, U. Hommel and E. Schellenberg (eds.), The Strategic CFO - Creating Value in a Dynamic Market Environment. Heidelberg: Springer Verlag.

Forssbaeck, J. and L. Oxelheim (2011), "Corporate financial determinants of foreign direct investment", Quarterly Review of Economics and Finance, Vol. 51, No.  2.

Andrén, N. and L. Oxelheim (2011), "Exchange rate regime shift and price patterns", International Journal of Managerial Finance, Vol. 7, No. 2.

Forssbaeck, J. and L. Oxelheim (2011), "FDI and the role of financial market quality", in Ramamurti, R. and N. Hashai (eds.), The future of foreign direct investment. Bingley: Emerald Publishing.

Oxelheim, L. C. Wihlborg and F. Östrup (2011), "Origins and resolutions in Financial Crises; A Policy Dilemma ", in Kolb, R. W. (ed.), Financial Contagion: The Viral Threat to the Wealth of Nations, New   York: John Wiley & Sons.

Oxelheim, L. (2010), "Sobre la transparencia del rendimiento empresarial en un entorno macroeconómico volátil",  Revista de Responsabilidad Social de la Empresa, Vol. 2, No. 2.

Oxelheim, L. (2010), "Globalization, Transparency and Economic Growth: The Vulnerability of Chinese Firms to Macroeconomic Shocks", Journal of Asian Economics, Vol. 21, No. 1.

 Ostrup, F., L. Oxelheim and C. Wihlborg (2009), "Origins and Resolutions of Financial Crises; Lessons from the Current and Northern European Crises", Asian Economic Papers, Vol. 8, No. 3.

 Forssbaeck, J. and L. Oxelheim (2008), "Finance-specific Factors as Drivers of Cross-border Investment - An Empirical Investigation", International Business Review. Vol. 17, No. 6.

Oxelheim, L. (2008), “Macroeconomic Turbulence: Corporate Performance, Transparency and Economic Growth”, Tímarit um viðskipti og efnahagsmál, Special Edition. Reykjavik: University of Iceland Press.

 Campell, C. J., Chang, R. J., Doktor, R., De Jong, J., Oxelheim, L. and T. Randøy, (2008), “Executive Incentive Compensation and Economic Prosperity” in Oxelheim, L. and C. Wihlborg (eds.) , Markets and Compensation for Executives in Europe. Bingley: Emerald Publishing Group.

Oxelheim, L. and T. Randøy (2008), “European Corporate Governance Guidelines and CEO Pay” in Oxelheim, L. and C. Wihlborg (eds.), Markets and Compensation for Executives in Europe. Bingley: Emerald Publishing Group.

 Oxelheim, L., Wihlborg, C. and J. Zhang (2008), “Executive Compensation and Macroeconomic Fluctuations” in Oxelheim, L. and C. Wihlborg (eds.), Markets and Compensation for Executives in Europe. Bingley: Emerald Publishing Group.

 Oxelheim, L. and P. Ghauri (2008), "EU-China and the non-transparent race for inward FDI", Journal of Asian Economics, Vol. 19, No. 2.

Andersson, K., Eberhartinger, E. and L. Oxelheim (2007), "The Room for National Tax Policy in the Future Europe" in Andersson, K., Eberhartinger, E. and L. Oxelheim (eds.), National Tax Policy in Europe - To be or not to be, Berlin and Heidelberg: Springer Verlag.

Andersson, K., Eberhartinger, E. and L. Oxelheim (2007), "The Role of National Tax Policies in the European Union" in Andersson, K., Eberhartinger, E. and L. Oxelheim (eds.), National Tax Policy in Europe - To be or not to be, Berlin and Heidelberg: Springer Verlag.

 Forssbaeck, J. and L. Oxelheim (2007), "The interplay between money market development and monetary policy operations in small European countries". In Masey, D and J. Toporowski, Open Market Operations, London: Routledge.

 Forssbaeck, J. and L. Oxelheim (2007), "The transition to a market-based monetary policy: What can China learn from the European experience?", Journal of Asian Economics, Vol. 18, No. 2. (with the permission of Elsevier published in Chinese in Journal of Comparative Studies, issue 33, 2007)

Oxelheim, L. (2006), "International Financial Reporting Standards (IFRS), Corporate Performance and Economic Growth", Journal of Finnish Economic Society, Vol. 59, No. 2.

Forsbaeck, J and L. Oxelheim (2006), "Transparency, Capital formation and Economic Growth" in Oxelheim, L., Corporate and Institutional Transparency for Economic Growth in Europe, Oxford: Elsevier

Forssbaeck, J. and L. Oxelheim (2006), On the Link between Exchange-Rate Regimes, Capital Controls, and Monetary Policy Autonomy in Small European Countries 1979-2000, The World Economy, Vol. 29, No. 3.

Braunerhjelm, P., Oxelheim, L. and P. Thulin (2005), "The relation between domestic and outward foreign direct investment: The role of industry-specific effects", International Business Review, Vol. 14, No. 6.

Andrén, N., H. Jankensgård and L. Oxelheim (2005), Exposure-based Cash-Flow-at-Risk under Macroeconomic Uncertainty, Journal of Applied Corporate Finance, Vol. 17, No. 3, Summer, pp 21-31.

Oxelheim, L. and T. Randöy (2005), The Anglo-American Financial Influence on CEO Compensation in Non-Anglo-American Firms. Journal of International Business Studies, Vol. 36, No. 4, July, pp 470-483.

Oxelheim, L. and M. Rafferty (2005), "On the Static Efficiency of Secondary Bond Markets", Journal of Multinational Financial Management, Vol. 15, No. 2, April.

Oxelheim, L. and C. Wihlborg (2004), "A Comprehensive Approach to the Measurement of Macroeconomic Exposure" in Frenkel, M. and U. Hommel (eds.). Risk Management, Challenges and Opportunities. Berlin: Springer Verlag.

Oxelheim, L. and T. Randöy (2003), "The Impact of Foreign Board Membership on Firm Value", Journal of Banking and Finance, Vol. 27, No. 12, pp 2369-2392.

Oxelheim, L. and C. Wihlborg (2003), "Recognizing Macroeconomic Fluctuations in Value Based Management", Journal of Applied Corporate Finance, Vol.15, No. 4, Fall, pp 104-110.

Oxelheim, L. (2003), " Macroeconomic Variables and Corporate Performance", Financial Analysts Journal, Vol. 59, No. 4, July/August, pp 36-50.

Oxelheim, L., T. Randöy and A. Stonehill (2003), "The Eclectic Paradigm and the Recognition of Finance-specific Factors" in Cantwell, J. and R. Narula, International Business and the Eclectic Paradigm: Developing the OLI Framework London: Routledge.

Andrén, N. and L. Oxelheim (2002), "The Euro and European Competition in a Finnish Perspective (Euron och europeisk konkurrens i ett finskt perspektiv)", Journal of Finnish Economic Society, Vol. 55, No. 1, pp 5-19.

Randöy,T., L. Oxelheim, and A. Stonehill (2001), "Corporate Financial Strategies for Global Competitiveness", European Management Journal, Vol. 19, No. 6, pp 659-669.

Oxelheim, L., T. Randöy, and A. Stonehill (2001), "On the Treatment of Finance–Specific Factors Within the OLI Paradigm", International Business Review, Vol. 10, pp 381-398.

Oxelheim, L. (2001), "Routes to Equity Market Integration – the interplay between Politicians, Investors and Managers", Journal of Multinational Financial Management, Vol. 11, pp 183-211.

 Braunerhjelm P. and L. Oxelheim (2000), "Does Foreign Direct Investment Replace Home Country Investment? The effect of European Integration on the Location of Swedish Investment", Journal of Common Market Studies, Vol. 30, No 2, pp 199-221.

Leading Research Environment

IFN at the top

 

Illustration puff sid 1

 

The Research Institute of Industrial Economics, IFN, is a private and independent foundation devoted to pursuing highly relevant research for trade and industry.

The researchers at IFN are united in their belief that economic methods offer a powerful tool for understanding society.

The main research programs are:

  1. economics of entrepreneurship
  2. globalization and corporate restructuring
  3. economics of the service sector
  4. economics of the electricity markets
  5. economics of institutions and culture.

Global Award

Research on entrepreneurship

 

GAER_logo_V2

 

The Global Award for Entrepreneurship Research is the foremost global award for research on entrepreneurship.This Prize is awarded annually with a prize sum of EUR 100,000.

IFN in cooperation with Entreprenörskapsforum and Vinnova are the principals of the award, in cooperation with the donor, Stockholms Köpmansklubb.

Professor Philippe Aghion, Collège de France, is the winner of the Global Award for Entrepreneurship Research 2016. He will receive the award at a ceremony on May 10, 2016, in Stockholm.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se