University of Vaasa
The 24th Workshop on Corporate Governance and Investment
September 19-20, 2025
Program
University of Vaasa, Auditorium Kurtén (C203), Wolffintie 32, Vaasa
Opening of the Workshop: 9:00-9:10Denis Davydov (Hanken School of Economics) |
Session 1: 09:10-10:40Financial Institutions, Instruments, and Development |
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| Paper 1: | Substitutability of Bank Deposits and Money Market Mutual Funds: Implications for Bank Lending |
| Anna Agapova (Florida Atlantic University) Denis Davydov (Hanken School of Economics) |
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| Discussant: | Sami Vähämaa (University of Vaasa) |
| Paper 2: | Global Bonds Redux |
| Bonnie Buchanan (University of Surrey) Bo Han (Seattle University) |
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| Discussant: | Vanja Piljak (University of Vaasa) |
| Paper 3: | The Financial Development-Environmental Impact Nexus in Emerging Economies: Unveiling Trade-offs |
| Claudio Oliveira de Moraes (Central Bank of Brazil) Roberto Van Meeuwen (COPPEAD Graduate School of Business) |
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| Discussant: | Denis Davydov (Hanken School of Economics) |
| Coffee break: 10:40-11:00 | |
Keynote Presentation: 11:00-12:00 |
| Global Political Ties and the Global Financial Cycle
Iftekhar Hasan (Fordham University) |
| Lunch break: 12:00-13:30 |
Session 2: 13:30-15:00Regulations and Risks of Financial Intermediaries |
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| Paper 4: | Performance and Climate Risk in Microfinance Institutions |
| Iftekhar Ahmed (Newcastle University) Ivan Diaz-Rainey (Griffith University) Helen Roberts (University of Otago) |
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| Discussant: | Markku Kaustia (Aalto University School of Business) |
| Paper 5: | Search for Motives: Why Countries Use Macroprudential Policy and Capital Management Measures? |
| Mika Nieminen (University of Jyväskylä) Anni Norring (Bank of Finland) |
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| Discussant: | Bonnie Buchanan (University of Surrey) |
| Paper 6: | Can Banks Weather This Storm? The Effect of IFRS 9’s Prudential Filters on Banks’ Incentives towards Corrective Actions |
| Sherif Elashmawy (University of Oulu) | |
| Discussant: | Jesper Haga (Hanken School of Economics) |
| Coffee break: 15:00-15:30 | |
Session 3: 15:30-17:00Early-stage Papers |
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| Paper 7: | The Seven Sins of Banking |
| Markku Kaustia (Aalto University School of Business) | |
| Paper 8: | Measuring Bank Competition: Review of the Measures and the Empirical Work |
| Tomi Soininen (University of Jyväskylä) | |
| Paper 9: | Breaking the Glass Ledger: A Survey of Gender Disparities in Banking Careers |
| Sami Vähämaa (University of Vaasa) Maria Zhukova (University of Vaasa) |
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Workshop registration:
Non-presenting participants are kindly asked to register using this registration form by September 11, 2025. There is no workshop participation fee.
The deadline for paper submissions was May 15, 2025, and authors were notified about the status of their submissions in mid-June.
Click here to read the Call for Papers
About the WCGI:
The 1st WCGI was held at the University of Cambridge in 1998. Since then, the WCGI has travelled across Europe and beyond: University of Cambridge (1998, 2001, 2007), Aarhus University (1999), DIW Berlin (2000), University of Vienna (2001), Universitat de Les Balears (2005, 2018), Jönköping International Business School (2006), Sabanci University Istanbul (2008, 2016), Copenhagen Business School (2009, 2022), Universitat Autónoma de Barcelona (2010), HHL Leipzig Graduate School of Management (2011), Cardiff Business School (2012), American University of Sharjah (2013), BI Norwegian Business School (2014), Alliance Manchester Business School (2015), SEF (2017), Oslo Metropolitan University (2019), University of Groningen (2021), Philipps-Universität Marburg (2023), University of Aberdeen (2024).