• Information Sharing and Information Acquisition in Credit Markets 

      Karapetyan, Artashes; Stacescu, Bogdan (Journal article; Peer reviewed, 2014)
      We examine the effect of information sharing via credit bureaus or credit registers on banks’ incentives to collect information about their borrowers. Information asymmetries have been identified as an important source ...
    • 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 ...
    • Wages and Human Capital in Finance: International Evidence, 1970-2011 

      Boustanifar, Hamid; Grant, Everett; Reshef, Ariell (Journal article; Peer reviewed, 2018)
      We study the allocation and compensation of human capital in the finance industry in a set of developed economies in 1970–2011. Finance relative wages generally increase—but not in all countries, and to varying degrees. ...