University of Vaasa & Hanken School of Economics
The 6th Vaasa Banking Research Workshop
September 18, 2025
Workshop Program
Hanken School of Economics, Auditorium 142, Kirjastonkatu 16, Vaasa
Opening of the Workshop: 9:00-9:10Denis Davydov (Hanken School of Economics) |
Session 1: 09:10-10:40 |
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| Paper 1: | Do Socially Conscious Banks Reciprocate the Social Consciousness of Borrowing Firms? Evidence From U.S. Syndicate Loans |
| Tayyaba Rasheed Ahmed (University of Wollongong) Searat Ali (University of Wollongong) Xiaofei Pan (University of Wollongong) |
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| Discussant: | Emilia Vähämaa (Hanken School of Economics) |
| Paper 2: | Bank Ownership and Brown Lending: Do State-Owned Banks Impede the Green Transition? |
| Marcin Borsuk (University of Oxford & National Bank of Poland) Aneta Hryckiewicz-Gontarczyk (Kozminski University) Martin Melecky (World Bank & VSB-Technical University of Ostrava) |
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| Discussant: | Juha-Pekka Junttila (University of Oulu) |
| Paper 3: | Pricing Transition Risk in Finnish Firm Loans 2019–2024 |
| Ville Tolkki (Bank of Finland); Juha-Pekka Junttila (University of Oulu) Petri Sahlström (University of Oulu) |
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| Discussant: | Sami Vähämaa (University of Vaasa) |
| Coffee break: 10:40-11:00 | |
Keynote Presentation: 11:00-12:00 |
| TBA
Steven Ongena (University of Zurich) |
| Lunch break: 12:00-13:30 |
Session 2: 13:30-15:00 |
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| Paper 4: | Disentangling the Real Impact of a Credit Market Disruption |
| Cédric Huylebroek (KU Leuven & Norges Bank) Jin Cao (Norges Bank) |
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| Discussant: | Matteo Vacca (Hanken School of Economics) |
| Paper 5: | Countercyclical Capital Buffer and Bank Risk-Taking Behaviour: Compromising Ends with Means? |
| Deasy Ariyanti (Ghent University & Central Bank of Indonesia) Selien De Schryder (Ghent University) |
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| Discussant: | Eeva Kerola (Bank of Finland) |
| Paper 6: | International Trade and Cross-Border Banking: A Granular Approach Using Bank Specialization |
| Justine Pedrono (Banque de France) | |
| Discussant: | Denis Davydov (Hanken School of Economics) |
| Coffee break: 15:00-15:30 | |
Session 3: 15:30-17:00 |
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| Paper 7: | Interlocking Connections Between Investment Banks and Corporate Leadership: Implications for Bond Pricing |
| Anna Agapova (Florida Atlantic University) Uliana Filatova (Grand Valley State University) |
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| Discussant: | Marc Goergen (IE University) |
| Paper 8: | Does Workforce Gender Diversity Influence Banks’ High-Level Decisions? Evidence on Credit Growth and Risk-Taking |
| Melsa Ararat (Sabanci University) Onuralp Armağan (Sabanci University) Ata Can Bertay (Sabanci University) |
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| Discussant: | Ajay Palvia |
| Paper 9: | Digital Banking, Market Power and Financial Fragility |
| David Rivero Leiva (Universidad de Navarra) Hugo Rodriguez Mendizabal (Instituto de Analisis Economico & Barcelona School of Economics) |
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| Discussant: | Teemu Pekkarinen (University of Vaasa) |
The keynote speaker: Professor Steven Ongena
Steven Ongena is a professor of banking in the Department of Finance at the University of Zurich, a senior chair at the Swiss Finance Institute, a research professor at KU Leuven, a research professor at the Norwegian University of Science and Technology NTNU Business School, and a research fellow in financial economics of CEPR. He is also a research professor at the Deutsche Bundesbank, a research visitor at Norges Bank, a fellow of CFS, the chair of the Research Advisory Council of SAFE, and a panel member of the European Research Council. Before moving to Zurich, he taught at CentER-Tilburg University and BI Norwegian Business School and was at the University of Oregon (PhD), FO-SOR (OF-1), University of Alberta (MA), and KU Leuven (MBA, Hir).
He is publishing in accounting, economics, finance, law, management, and public governance journals. He co-authored, with Hans Degryse and Moshe Kim, the graduate textbook entitled Microeconometrics of Banking: Methods, Applications and Results published by Oxford University Press. He is currently a co-editor of Economic Inquiry, the International Journal of Central Banking, the International Review of Finance and the Journal of Financial Services Research, and an associate editor of the Journal of Financial Stability, Economic Notes, the Asian Review of Financial Research, and the Journal of Financial Management, Markets and Institutions. In the past he has served as a co-editor for the Review of Finance and as an associate editor for the Journal of Finance, the Journal of Financial Intermediation, the Journal of Financial Services Research, the European Economic Review and the Journal of Banking and Finance, among other journals.
Workshop registration:
Non-presenting participants are kindly asked to register via this registration form by September 11th at the latest. There is no workshop participation fee.
The deadline for paper submissions was on June 15, 2025.
Click here to read the Call for Papers