Finance and Financial Accounting

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Finance-and-Financial-Accounting

About the research group

The Finance and Financial Accounting research group (FRG) focuses on finance and financial accounting. The group's areas of expertise cover major areas including, corporate finance, banking, financial markets and financial statement analysis and other areas in empirical accounting. Researchers of finance and financial accounting at the University of Vaasa are pioneers in their field of research internationally. During the past decades they have published hundreds of scientific articles in leading and high-impact journals.

The research tradition is also strongly reflected in current projects that increasingly pursue interdisciplinary topics that address key societal grand challenges such as climate, in keeping with the University of Vaasa’s wider focus. Recent projects have focused on the examination of the way financial markets operate and connections with corporate financing and investor decision-making, as well as emergent technologies and how to make firms accountable for their impact on climate and biodiversity.

The research group is internationally oriented and members actively collaborate with leading academics and practitioners from across the world.

The research group focuses particularly on the following themes:

  • Emerging financial markets
  • Derivatives markets
  • Macroeconomic factors and financial markets
  • Monetary policy and financial markets
  • Banking and bank performance
  • Corporate finance
  • Female executives and corporate governance

Latest updates

Research projects

Project Duration Actors
Business Renewal using Digital Finance and Blockchain - InnoLab, Finance and financial accounting, Accounting and Finance

Publications

Publication year Publication Authors
2025 Multi‐Factor Models of Asset Returns: A Bibliometric Analysis Sandretto, Davide; Damilano, Marina; Goodell, John W.; Paltrinieri, Andrea
2025 LGBTQ-friendly employee policies and corporate innovation Fatmy, Veda; Sihvonen, Jukka; Vähämaa, Sami
2025 Magnificent 7: unsustainable growth and systemic risk Grobys, Klaus
2025 Geopolitical shocks and carbon pricing: Do clean energy assets act as a hedge? Dutta, Anupam; Mukharjee, Sourav; Uddin, Gazi Salah
2025 ESG Performance of Firms and the Structure of Loan Syndicates: Moderating Role of Relationship Saharti, Mohammed; Saeed, Asif; Chaudhry, Sajid M.; Ahmed, Rizwan
2025 Modelling for insight: Does oil price uncertainty have directional predictability for travel and leisure firms? Das, Debojyoti; Saurav, Sumit; Dutta, Anupam
2025 On the Estimation of Optimal Cutoffs for Power Laws and the Cross Section of Realized Foreign Exchange Rate Variances Grobys, Klaus
2025 A stablecoin that’s actually stable: A portfolio optimization approach Grobys, Klaus; Junttila, Juha-Pekka; Kolari, James W.
2025 Managerial Social Capital and Firm Risk Al-Bataineh, Omar; Iqbal, Abdullah; King, Timothy
2025 Cryptocurrency Momentum: Is It an Illusion? Grobys, Klaus; Shahzad, Syed Jawad Hussain

Research group leader

Kuva
Timothy King

Timothy King

Professor
School of Accounting and Finance / Finance Group
Sähköposti
timothy.king [at] uwasa.fi
Puhelin

Research group members

Dilruba Afroze

Project Researcher
School of Accounting and Finance / Finance Group
Sähköposti
dilruba.afroze [at] uwasa.fi

Rizwan Ahmed

Associate Professor (tenure track)
School of Accounting and Finance / Finance Group
Sähköposti
rizwan.ahmed [at] uwasa.fi
Puhelin

Maruf Ahmed

Doctoral Researcher
School of Accounting and Finance / Finance Group
Sähköposti
maruf.ahmed [at] uwasa.fi
Kuva
Janne Äijö

Janne Äijö

Professor
School of Accounting and Finance / Finance Group
Sähköposti
janne.aijo [at] uwasa.fi
Puhelin

Bonnie Buchanan

Professor
School of Accounting and Finance / Finance Group
Sähköposti
bonnie.buchanan [at] uwasa.fi

Denis Davydov

Adjunct Professor
School of Accounting and Finance / Finance Group
Sähköposti
Denis.Davydov [at] uwasa.fi