• Group lending with endogenous group size 

      Bourjade, Sylvain; Schindele, Ibolya (Journal article; Peer reviewed, 2012)
      This paper focuses on the size of the borrower group in group lending. We show that, when social ties in a community enhance borrowers incentives to exert e¤ort, a pro t-maximizing nancier chooses a group of limited ...
    • Liquidity and Shareholder Activism 

      Norli, Øyvind; Østergaard, Charlotte; Schindele, Ibolya (CCGR Working Paper;1/2014, Working paper, 2014)
      Blockholders' incentives to intervene in corporate governance are weakened by free-rider problems and high costs of activism. Theory suggests activists may recoup expenses through informed trading of target firms' stock ...
    • Liquidity and shareholder activism 

      Norli, Øyvind; Østergaard, Charlotte; Schindele, Ibolya (Journal article; Peer reviewed, 2015)
      Blockholders' incentives to intervene in corporate governance are weakened by free-rider problems and high costs of activism. Theory suggests activists may recoup expenses through informed trading of target rms' stock ...
    • Liquidity and Shareholder Activism 

      Norli, Øyvind; Ostergaard, Charlotte; Schindele, Ibolya (CCGR Working Paper, Working paper, 2009)
      This paper documents that stock liquidity improves shareholders’ incentive to monitor management. Using a hand-collected sample of contested proxy solicitations and shareholder proposals as occurrences of shareholder ...
    • Social capital and the viability of stakeholder-oriented firms: Evidence from savings banks 

      Østergaard, Charlotte; Schindele, Ibolya; Vale, Bent (Journal article; Peer reviewed, 2016)
      We show that social capital improves the viability of stakeholder-oriented rms operating in competitive markets. Studying exits from the population of Norwegian savings banks after deregulations, we nd that banks located ...
    • Social Capital and the Viability of Stakeholder-Oriented Firms: Evidence from Savings Banks 

      Ostergaard, Charlotte; Schindele, Ibolya; Vale, Bent (CCGR Working Paper;1/2015, Working paper, 2015)
      We show that social capital improves the viability of stakeholder-oriented firms operating in competitive markets. Studying exits from the population of Norwegian savings banks after deregulations, we find that banks located ...