• Bok og nettside som integrert læreverk 

      Bøhren, Øyvind; Gjærum, Per Ivar (Journal article; Peer reviewed, 2012)
      Denne artikkelen bruker et konkret pedagogisk prosjekt i finans til å vise hvordan ønsket om undervisning med relevans og mangfold kan avleire seg i et læreverk. Vår nøkkel er å utvikle bok og nettside i tidsmessig parallell ...
    • Corporate finance and governance in firms with limited liability: Basic characteristics 

      Berzins, Janis; Bøhren, Øyvind; Rydland, Pål (CCGR Research Report, Research report, 2008)
      We analyze a wide range of corporate finance and governance characteristics in all active Norwegian firms with limited liability over the period 1994-2005. This sample includes about 77,000 nonlisted (private) firms and ...
    • Dividends and taxes: The moderating role of agency conflicts 

      Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan (Journal article; Peer reviewed, 2019)
      We find that potential conflicts between majority and minority shareholders strongly influence how dividends respond to taxes. When the controlling shareholder has a smaller stake, the incentives to extract private benefits ...
    • Do stakeholders matter for corporate governance? Behavior and performance of Norwegian banks 1985-2002 

      Bøhren, Øyvind; Josefsen, Morten G. (CCGR Research Report;1/2007, Research report, 2007)
      The distribution of formal control rights among the firm’s stakeholders (such as stockholders, creditors, employees, politicians, and customers) attracts considerable public attention in many countries. For instance, a ...
    • Does mandatory gender balance work? Changing organizational form to avoid board upheaval 

      Bøhren, Øyvind; Staubo, Siv (Journal article; Peer reviewed, 2014)
      Norway is the first, and so far the only, country to mandate a minimum fraction of female and male directors on corporate boards. We find that after a new gender balance law surprisingly stipulated that the firm must be ...
    • Lønnsomhet i næringsklynger 

      Bøhren, Øyvind; Hoseth, Fredrik; Remøy, Håvard (Journal article; Peer reviewed, 2014)
      Vi undersøker sammenhengen mellom klyngetilhørighet, eierstruktur og lønnsomhet for ca 3 700 bedrifter i norsk offshoreleverende næring fra 2002 til 2011. Vi finner ingen sammenheng mellom lønnsomhet og klyngetilhørighet, ...
    • Mandatory gender balance and board independence 

      Bøhren, Øyvind; Staubo, Siv (Journal article; Peer reviewed, 2016)
      We find that forcing radical gender balance on corporate boards is associated with increased board independence and reduced firm value. A mandatory 40-percent gender quota shifts the average fraction of independent directors ...
    • Modeling the response to exogenous shocks: The capital uplift rate in petroleum taxation 

      Berg, Magnus; Bøhren, Øyvind; Vassnes, Erik (Journal article; Peer reviewed, 2018)
      We show how a recent drop in the Norwegian capital uplift rate by two percentage points changes optimal field design and reduces field value for shareholders. Although optimal design changes considerably and value drops ...
    • Norske familiebedrifter: omfang, eierstyring og lønnsomhet 

      Berzins, Janis; Bøhren, Øyvind (Journal article; Peer reviewed, 2013)
      Vi dokumenterer at familiebedriftene utgjør en betydelig andel av norsk økonomi regnet etter antall, ansatte, omsetning og eiendeler. Eierstyringen i den enkelte familiebedrift kjennetegnes av uvanlig tett kopling mellom ...
    • Shareholder conflicts and dividends 

      Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan (Journal article; Peer reviewed, 2018)
      We examine how dividend policy is used to mitigate potential conflicts of interest between majority and minority shareholders in private Norwegian firms. The average payout is 50% higher if the majority shareholder’s equity ...
    • Solstrøm fra boligtak er ofte godt for både klima og økonomi, men ikke i dagens Norge 

      Bøhren, Øyvind; Gjærum, Per Ivar; Hasle, Torkel (Peer reviewed; Journal article, 2021)
      Vi bruker kvantitativ livsløpsanalyse (vugge-til-grav) og finner at solceller på private boligtak har stor, positiv effekt på klima og økonomi når de lages med ren, billig strøm og erstatter skitten, dyr strøm. Beliggenhet ...
    • Stakeholder conflicts and dividend policy 

      Bøhren, Øyvind; Josefsen, Morten G.; Steen, Pål E. (Journal article; Peer reviewed, 2012)
      This paper compares the dividend policy of owner-controlled firms with that of firms where the owners are a minority relative to non-owner employees, customers, and community citizens. We find that regardless of whether ...
    • Stakeholder rights and economic performance: the profitability of nonprofits 

      Bøhren, Øyvind; Josefsen, Morten G. (Journal article; Peer reviewed, 2013)
      This paper explores whether ownership matters in a fundamental sense by comparing the performance of stockholder-owned firms with the much less analyzed nonprofit firms. No stakeholder has residual cash flow rights in ...
    • Stockholder Conflicts and Dividend Payout 

      Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan (CCGR Working Paper;5/2011, Working paper, 2011)
      This paper examines how dividend policy influences conflicts of interest between majority and minority stockholders in a large sample of private firms with controlling blockholders. We find that a higher potential for ...
    • Tax concerns and agency concerns in dividend policy: Holding companies as a separating device 

      Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan (CCGR Working Paper;2/2013, Working paper, 2013)
      Higher dividends may create value by reducing agency costs, but may also destroy value by increasing tax payments. This paper shows empirically how stockholders use holding companies to establish indirect ownership through ...
    • The duration of equity ownership at the Oslo Stock Exchange 1989-1999 

      Bøhren, Øyvind; Priestley, Richard; Ødegaard, Bernt Arne (Forskningsrapport;2/2006, Research report, 2006)
      To date little is known about how long equity ownership lasts, what determines its length, and whether ownership duration is related to rm performance. Using a unique time series of equity holdings over eleven years, ...
    • The economics of minority freezeouts: evidence from the courtroom 

      Bøhren, Øyvind; Krosvik, Nils Erik (Journal article; Peer reviewed, 2013)
      We analyze minority freezeout offers in a legal environment where minority stockholders can reject the offer and ask the court to value their nontendered stock. This regulatory setting allows us to observe the disciplining ...
    • The Governance and Finance of Norwegian Family Firms: Main Characteristics of the Population 

      Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan (CCGR Research Report;01/2018, Working paper, 2018-06)
    • The value-creating board: theory and evidence 

      Bøhren, Øyvind; Strøm, R. Øystein (Research Report, Research report, 2005)
    • When Does the Family Govern the Family Firm? 

      Bøhren, Øyvind; Stacescu, Bogdan; Almli, Line; Søndergaard, Kathrine (Journal article; Peer reviewed, 2019)
      We find that the controlling family holds both the chief executive officer and chair positions in 79% of Norwegian family firms. The family holds more governance positions when it owns large stakes in small, profitable, ...