Department of Finance

shfi

Department of Finance

ø
ᱹæ
Professor
,
Dean of Research


Leave: On leave from FI – as Dean of Research
Room: KIL/14.A-1.70
Tel:
+4538152020
E-mail: sh.dir@cbs.dk
ø ᱹæ
Presentation

ø ᱹæ’s research focuses on issues in investments, including empirical asset pricing, market microstructure and behavioral finance. He has published in leading academic journals such as the Journal of Finance, the Journal of Financial and Quantitative Analysis, the Journal of Financial Economics and the Review of Financial Studies. He is a recipient (with David Easley and Maureen O’Hara) of the Journal of Finance Smith Breeden Distinguished Paper Prize. Before joining casino 168 in 2008, ø was associate professor at INSEAD and was previously associate professor in the R.H. School of Business at the University of Maryland.

Primary research areas
  • Empirical asset pricing
  • Market microstructure
  • Behavioral finance
Links

Link to this homepage
www.cbs.dk/en/staff/shfi
Selected publications
  • “Small trades and the cross-section of stock returns”, 2008, Review of Financial Studies 21, no. 3, 1123–1151
  •  “A Trade-based Analysis of Momentum”, 2006, Review of Financial Studies 19, no. 2, 457–491
  • “Stock and Bond Market Interaction: Does Momentum Spill Over?” with William Gebhardt and Bhaskaran Swaminathan, 2005, Journal of Financial Economics, 75, no. 3, 651–690
  • “The Cross-section of Expected Corporate Bond Returns: Betas or Characteristics?” with William Gebhardt and Bhaskaran Swaminathan, 2005, Journal of Financial Economics 75, no. 1, 85 –114
  • “Is Information Risk a Determinant of Asset Returns?” with David Easley and Maureen O’Hara, 2002, Journal of Finance 57, no. 5, 2185–2221.
Publications sorted by:
2023
ø ᱹæ; Massimo Massa; Aleksandra Rzeznik /
In: Journal of Empirical Finance, Vol. 74, 12.2023
Journal article > peer review
2013
Nigel J. Barradale; ø ᱹæ /
Frederiksberg : Copenhagen Business School [wp] 2013, 47 p.
Working paper
2011
Hadiye Aslan; David Easley; ø ᱹæ; Maureen O'Hara / : Implications for Asset Pricing.
In: Journal of Empirical Finance, Vol. 18, No. 5, 2011, p. 782-801
Review article > peer review
2010
David Easley ; ø ᱹæ; Maureen O'Hara /
In: Journal of Financial and Quantitative Analysis, Vol. 45, No. 2, 19.2.2010, p. 293-309
Journal article > peer review
ø ᱹæ /
In: Encyclopedia of Quantitative Finance. ed. /Rama Cont. : Wiley 2010, p. 1428-1430
Encyclopedia chapter > peer review
2008
ø ᱹæ /
In: Review of Financial Studies, Vol. 21, No. 3, 2008, p. 1123-1151
Journal article > peer review
2006
Brad M. Barber; ø ᱹæ; Terrance Odean; Ning Zhu /
Berkeley, CA : Haas School of Business 2006, 9 p.
Working paper
ø ᱹæ /
In: Review of Financial Studies, Vol. 19, No. 2, 6.2006, p. 457-491
Journal article > peer review
2005
William R. Gebhardt; ø ᱹæ; Bhaskaran Swaminathan / : Does Momentum Spill Over?.
In: Journal of Financial Economics, Vol. 75, No. 3, 2005, p. 651-690
Journal article > peer review
William R. Gebhardt; ø ᱹæ; Bhaskaran Swaminathan / : Betas or Characteristics?.
In: Journal of Financial Economics, Vol. 75, No. 1, 2005, p. 85-114
Journal article > peer review
More results... (total 11 results)
Research Projects
Outside activities

Activities since 2015

Yngre Læger: Investment consultant since 2009

Danske Invest Management A/S: Elected by the investors in the funds managed by DIMA as the investor representative on the Board of Directors. Vice-chairman of the board since 2014.

Falcon Invest: Speaking engagement 2016

Sø- og Handelsretten: Syn- og skønsmand (expert witness) 2014-2016

Dansif: Report on ESG investing 2017

De Frie Skolers Lærerforening: Investment consultant 2017