Clas Wihlborg

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Clas Wihlborg

Published at IFN

Journal Articles

01 June 2016 Chiu, Hsin-Hui, Lars Oxelheim, Clas Wihlborg and Jianhua Zhang (2016). “Macroeconomic Fluctuations as Sources of Luck in CEO Compensation”. Journal of Business Ethics 136(2), 371–384. doi.org/10.1007/s10551-014-2520-1

01 January 2012 Oxelheim, Lars and Clas Wihlborg (2012). “Corporate Distress and Restructuring with Macroeconomic Fluctuations: The Cases of GM and Ford”. Journal of Applied Finance 22(1), 71–88.

01 October 2009 Østrup, Finn, Lars Oxelheim and Clas Wihlborg (2009). “Origins and Resolution of Financial Crises: Lessons from the Current and Northern European Crises”. Asian Economic Papers 8(3), 178–220. doi.org/10.1162/asep.2009.8.3.178

01 September 2003 Oxelheim, Lars and Clas G. Wihlborg (2003). “Recognizing Macroeconomic Fluctuations in Value Based Management”. Journal of Applied Corporate Finance 15(4), 104–110. doi.org/10.1111/j.1745-6622.2003.tb00531.x

01 November 1995 Oxelheim, Lars and Clas G. Wihlborg (1995). “Measuring Macroeconomic Exposure: The Case of Volvo Cars”. European Financial Management 1(3), 241–263. doi.org/10.1111/j.1468-036X.1995.tb00019.x

01 September 1991 Oxelheim, Lars and Clas G. Wihlborg (1991). “Accounting for Macroeconomic Influences on the Firm”. Journal of International Financial Management & Accounting 3(3), 258–282. doi.org/10.1111/j.1467-646X.1991.tb00098.x

01 January 1991 Oxelheim, Lars and Clas G. Wihlborg (1991). “Corporate Strategies in a Turbulent World Economy”. Management International Review 31(4), 293–315.

01 September 1990 Oxelheim, Lars, Clas Wihlborg and David Lim (1990). “Contractual Price Rigidities and Exchange Rate Adjustment”. International Trade Journal 5(1), 53–76. doi.org/10.1080/08853909008523707

01 June 1990 Wihlborg, Clas (1990). “The Incentive to Acquire Information and Financial Market Efficiency”. Journal of Economic Behavior & Organization 13(3), 347–365. doi.org/10.1016/0167-2681(90)90005-X

01 January 1989 Oxelheim, Lars and Clas G. Wihlborg (1989). “Competitive Exposure”. Corporate Finance 5(51), 18–20.

01 January 1989 Oxelheim, Lars and Clas G. Wihlborg (1989). “Taking the Sting out of Economic Risk”. Corporate Finance 5(52), 12–13.

01 January 1989 Oxelheim, Lars and Clas G. Wihlborg (1989). “Organic Hedging: Pricing Power”. Corporate Finance 5(61), 15–17.

01 January 1988 Oxelheim, Lars and Clas G. Wihlborg (1988). “Using Financial Instruments to Hedge Macroeconomic Exposure”. Review of Futures Markets 7, 504–522.

Books

01 January 2008 Oxelheim, Lars and Clas G. Wihlborg (Eds.) (2008). Markets and Compensation for Executives in Europe. Bingley, UK: Emerald.

01 January 2008 Oxelheim, Lars and Clas G. Wihlborg (2008). Corporate Decision–Making with Macroeconomic Uncertainty. New York: Oxford University Press.

01 January 2005 Oxelheim, Lars and Clas G. Wihlborg (2005). Corporate Performance and the Exposure to Macroeconomic Fluctuations. Stockholm: Nordstedts.

01 January 1997 Oxelheim, Lars and Clas G. Wihlborg (1997). Managing in the Turbulent World Economy: Corporate Performance and Risk Exposure. Chichester and New York: John Wiley & Sons.

01 January 1994 Eliasson, Gunnar, Tad Rybczynski and Clas G. Wihlborg (1994). The Necessary Institutional Framework to Transform Formerly Planned Economies. Stockholm: IUI.

01 January 1993 Day, Richard H., Gunnar Eliasson and Clas G. Wihlborg (Eds.) (1993). The Markets for Innovation, Ownership and Control. Amsterdam and Stockholm: North-Holland and IUI.

01 January 1987 Oxelheim, Lars and Clas G. Wihlborg (1987). Macroeconomic Uncertainty: International Risks and Opportunities for the Corporation. Chichester, UK: John Wiley & Sons.

Book Chapters

01 January 2012 Oxelheim, Lars, Clas Wihlborg and Marcus Thorsheim (2012). “The CFO’s Information Challenge in Managing Macroeconomic Risk”. In Ulrich Hommel, Michael Fabich, Ervin Schellenberg and Lutz Firnkorn (Eds.), The Strategic CFO (189–208). Berlin, Heidelberg: Springer.

01 January 2012 Oxelheim, Lars, Clas Wihlborg and Jianhua Zhang (2012). “How to Avoid Compensating the CEO for Luck: The Case of Macroeconomic Fluctuations”. In Randall S. Thomas and Jennifer G. Hill (Eds.), Research Handbook on Executive Pay (159–182). Cheltenham, UK / Northampton, MA: Edward Elgar.

29 November 2011 Oxelheim, Lars, Clas Wihlborg and Finn Østrup (2011). “The Origins and Resolution of Financial Crises: A Policy Dilemma”. In Robert W. Kolb (Ed.), The Origins and Resolution of Financial Crises: A Policy Dilemma (57–67). New Jersey: John Wiley & Sons.

01 January 2008 Oxelheim, Lars, Clas Wihlborg and Jianhua Zhang (2008). “Executive Compensation and Macroeconomic Fluctuations”. In Markets and Compensation for Executives in Europe (229–257). Bingley, UK: Emerald Group Publishing.

01 January 2005 Oxelheim, Lars and Clas G. Wihlborg (2005). “A Comprehensive Approach to the Measurement of Macroeconomic Exposure”. In Michael Frenkel, Ulrich Hommel and Markus Rudolf (Eds.), Risk Management. Challenge and Opportunity (p. 513–535). Berlin, Heidelberg, New York: Springer.

01 January 1995 Ibrahimi, Fatemeh, Lars Oxelheim and Clas G. Wihlborg (1995). “International Stock Markets and Fluctuations in Exchange Rates and Other Macroeconomic Variables”. In Raj Aggarwal and David C. Schirm (Eds.), Global Portfolio Diversification: Risk Management, Market Microstructure, and Implementation Issues (43–67). Boston: Academic Press.

01 January 1993 Day, Richard H, Gunnar Eliasson and Clas Wihlborg (1993). “Markets for Innovation, Ownership and Control: Toward a Synthesis”. In Richard H. Day, Gunnar Eliasson and Clas G. Wihlborg (Eds.), The Markets for Innovation, Ownership and Control (1–13). Amsterdam: North-Holland.

01 January 1988 Oxelheim, Lars and Clas G. Wihlborg (1988). “Hedging and Managing Exchange Rate and Related Macroeconomic Exposure”. In Sarkis J. Khoury and Alo Ghosh (Eds.), Recent Developments in International Banking and Finance, Vol. 2 (321–347). Lexington, MA: Lexington Books.

01 January 1987 Oxelheim, Lars, Clas G. Wihlborg, Sarkis J. Khoury and Alo Ghosh (1987). “Exchange Rate – Related Exposures in a Macroeconomic Perspective”. In Recent Developments in International Banking and Finance, Volume 1 (87–102). Lexington, MA: Lexington Books.

Working Papers

20 August 2010 Oxelheim, Lars, Clas Wihlborg and Marcus Thorsheim (2010). “The CFO’s Information Challenge in Managing Macroeconomic Risk”. IFN Working Paper No. 847. Stockholm: Research Institute of Industrial Economics (IFN).

21 June 2010 Oxelheim, Lars, Clas Wihlborg and Jianhua Zhang (2010). “How to Avoid Compensating CEO for Luck: The Case of Macroeconomic Fluctuations”. IFN Working Paper No. 842. Stockholm: Research Institute of Industrial Economics (IFN).

20 May 2009 Ostrup, Finn, Lars Oxelheim and Clas Wihlborg (2009). “Origins and Resolution of Financial Crises; Lessons from the Current and Northern European Crises”. IFN Working Paper No. 796. Stockholm: Research Institute of Industrial Economics (IFN).

09 December 2008 Oxelheim, Lars and Clas Wihlborg (2008). “Corporate Distress and Restructuring with Macroeconomic Fluctuations: The Cases of GM and Ford”. IFN Working Paper No. 780. Stockholm: Research Institute of Industrial Economics (IFN).

21 April 2008 Oxelheim, Lars, Clas Wihlborg and Jianhua Zhang (2008). “Executive Compensation and Macroeconomic Fluctuations”. IFN Working Paper No. 746. Stockholm: Research Institute of Industrial Economics (IFN).

30 January 2002 Oxelheim, Lars and Clas Wihlborg (2002). “Recognizing Macroeconomic Fluctuations in Value Based Management”. IFN Working Paper No. 574. Stockholm: Research Institute of Industrial Economics (IFN).

01 November 1993 Eliasson, Gunnar, Tad Rybczynski and Clas Wihlborg (1993). “The Necessary Institutional Framework to Transform Formerly Planned Economies - with special emphasis on the institutions needed to stimulate foreign investment in the formerly planned economies”. IFN Working Paper No. 0. Stockholm: Research Institute of Industrial Economics (IFN).

01 August 1993 Eliasson, Gunnar, Tad Rybczynski and Clas Wihlborg (1993). “The Necessary Institutional Framework to Transform Formerly Planned Economies - With Special Emphasis on the Institutions Needed to Stimulate Foreign Investment in the Formerly Planned Economies”. IFN Working Paper No. 389. Stockholm: Research Institute of Industrial Economics (IFN).

01 September 1992 Wihlborg, Clas (1992). “A Note: On Business Myopia and Market Organization”. IFN Working Paper No. 338. Stockholm: Research Institute of Industrial Economics (IFN).

01 February 1992 Wihlborg, Clas (1992). “The Scandinavian Models for Development and Welfare”. IFN Working Paper No. 324. Stockholm: Research Institute of Industrial Economics (IFN).

01 November 1991 Oxelheim, Lars and Clas Wihlborg (1991). “Accounting for Macroeconomic Influences on the Firm”. IFN Working Paper No. 308. Stockholm: Research Institute of Industrial Economics (IFN).

01 December 1989 Ibrahimi, Fatemeh, Lars Oxelheim and Clas Wihlborg (1989). “International Stock Markets and Fluctuations in Exchange Rates and Other Macroeconomic Variables”. IFN Working Paper No. 244. Stockholm: Research Institute of Industrial Economics (IFN).

01 September 1989 Wihlborg, Clas (1989). “The Incentive to Acquire Information and Financial Market Efficiency”. IFN Working Paper No. 218. Stockholm: Research Institute of Industrial Economics (IFN).

01 December 1987 Oxelheim, Lars and Clas Wihlborg (1987). “Pricing Strategies and the Firm’s Exposure to Exchange Rate and Macroeconomic Shocks”. IFN Working Paper No. 184. Stockholm: Research Institute of Industrial Economics (IFN).

01 October 1987 Wihlborg, Clas (1987). “Speculation, Bubbles, and Sunspots under Structural Uncertainty”. IFN Working Paper No. 180. Stockholm: Research Institute of Industrial Economics (IFN).

01 August 1987 Oxelheim, Lars and Clas G. Wihlborg (1987). “Hedging and Managing Exchange Rate and Related Macroeconomic Exposure”. IFN Working Paper No. 177. Stockholm: Research Institute of Industrial Economics (IFN).

01 December 1986 Oxelheim, Lars and Clas Wihlborg (1986). “Exchange Rate and Related Economic Exposures: A Theory for Management Strategy and Information Needs”. IFN Working Paper No. 162. Stockholm: Research Institute of Industrial Economics (IFN).

Articles in Swedish

01 January 2009 Oxelheim, Lars och Clas Wihlborg (2009). ”Kreditbedömning och rekonstruktion av företag i tider av makroekonomisk turbulens: Fallen General Motors och Ford”. Ekonomiska Samfundets Tidskrift 62(3), 125–131.

01 January 1991 Eliasson, Gunnar och Clas Wihlborg (1991). ”Spelet till Nobels minne?”. Cash-Links 2(1), 58–67.

01 January 1991 Oxelheim, Lars och Clas G. Wihlborg (1991). ”Hur påverkas aktiekurserna av förändringar i växelkurser och andra makroekonomiska variabler?”. Cash-Links 2(2), 52–58.

Op-Eds

17 November 2010 Oxelheim, Lars and Clas Wihlborg (2010). “Bonus ska inte styras av tur”. Sydsvenskan, November 17.

Reports

01 January 1989 Oxelheim, Lars and Clas G. Wihlborg (1989). Transitory or Permanent Exchange Rate Changes: An Important Distinction in Risk Management. Stockholm: Bohlins auktoriserade revisorer.