News

27-28 Nov 2025: I organize the Young Scholars Nordic Finance Workshop 2025 in Aarhus.

17-19 Aug 2025: Matthias Lassak and I host the Third Aarhus Workshop on Strategic Interaction in Corporate Finance.

***

15 Jan 2025: A new working paper "ESG Alignment and Supply Chain Dynamics: Evidence from U.S. Customer-Supplier Relationships" is available at SSRN.

6 Jan 2025: A new version of "Digital Rights Management in Finance: Evidence from M&A" is available at SSRN.

19 Dec 2024: I present "Efficiency Implications of Knowledge Generation: Private versus Public Firms" and discuss "Security Lending Market, Secondary Market Arbitrageurs, and ETF Mispricing" at the December Finance Meeting in Paris.

9 Dec 2024: The Call for Papers for the Third Aarhus Workshop on Strategic Interaction in Corporate Finance is published.

30 Sep 2024: A new working paper "Information sharing with blockchain" is available at SSRN.

28 Sep 2024: Matthias Lassak presents "Efficiency Implications of Knowledge Generation: Private versus Public Firms" at the German Finance Association in Aachen.

28 Sep 2024: I present "Credit Rating under Ambiguity" and discuss "Bonding with risk: corporate investment and savings in risky financial assets" at the German Finance Association in Aachen.

13 Sep 2024: Matthias Lassak presents "Efficiency Implications of Knowledge Generation: Private versus Public Firms" at the Corporate Finance Days in Leuven.

18-20 Aug 2024: Matthias Lassak and I host the Second Aarhus Workshop on Strategic Interaction in Corporate Finance.

7 May 2024: I discuss "Crises, Exchange Rates, and Supply-Chain Changes" at the PhD Nordic Finance Workshop in Bergen.

2&3 May 2024: I co-organize the DFI Research Fellow Retreat 2024 at Sandbjerg Manor, Sønderborg.

15 Mar 2024: I act as commentator for the 50% ‐ seminar of PhD student Hamid Cheraghali at University of Stavanger.

8 Feb 2024: I received DKK 66'000 from the Carlsberg Foundation to support the Second Aarhus Workshop on Strategic Interaction in Corporate Finance. Submission deadline 20 Feb 2024 approaching!

1 Jan 2024: "The Information Value of Distress" just appeared finally "printed" in Management Science, Volume 70, Issue 1, January 2024, Pages 78–97.

1 Dec 2023: The Call for Papers for the Second Aarhus Workshop on Strategic Interaction in Corporate Finance is published.

16 Nov 2023: I received a DFI Publication Scholarship of DKK 43'301 for "The Information Value of Distress".

24-26 Oct 2023: I organize the PhD course "Continuous-Time Models for Empirical Corporate Finance" taught by Christopher Hennessy.

29 Sep 2023: I present "Investment Timing and Market Feedback" at the German Finance Association in Stuttgart-Hohenheim.

26 Sep 2023: A new version of "Credit Rating under Ambiguity" is available at SSRN.

14 Sep 2023: I present "Credit Rating under Ambiguity" at SDU in Odense.

31 Aug 2023: I present "Credit Rating under Ambiguity" at the Econometric Society European Meeting in Barcelona.

13-15 Aug 2023: Matthias Lassak and I host the Aarhus Workshop on Strategic Interaction in Corporate Finance.

8 Aug 2023: Christian Hilpert presents "Credit Rating under Ambiguity" at the Australasian Meeting of the Econometric Society in Sydney.

30 Jun 2023: Christian Hilpert presents "Credit Rating under Ambiguity" at the Asian Meeting of the Econometric Society in Beijing.

23 Jun 2023: I present "Investment Timing and Market Feedback" at the FTG Summer School in Seattle.

14 Jun 2023: Aarhus Workshop on Strategic Interaction in Corporate Finance: Program available!

8 Jun 2023: I present "Investment Timing and Market Feedback" and discuss "R&D activities narrative disclosure: A new measure"
at the FMA European Conference in Aalborg.

7 Jun 2023: I discuss "Process Intangibles and Agency Conflicts" at the SDU Finance Workshop in Odense.

18 Mar 2023: I present "Investment Timing and Market Feedback" and discuss "Ambiguity and Corporate Yield Spreads"
at the Midwest Finance Association Annual Meeting in Chicago.

20 Dec 2022: "The Information Value of Distress" is published online in Management Science.

25 Nov 2022: I discuss "Investment-q Sensitivity under Endogenous Truncation" at the Young Scholars Nordic Finance Workshop in Oslo.

22 Nov 2022: A new version of "Bankruptcy Prediction with Incomplete Accounting Information" is available at SSRN.

16 Nov 2022: Aarhus Workshop on Strategic Interaction in Corporate Finance -- call for papers and web page are online.

1 Sep 2022: Welcome to Fynn Sowinski at Aarhus University! Fynn will be a PhD student under my supervision.

24 Aug 2022: A new version of "No News is Good News! Media Coverage and Corporate Takeover Characteristics" is available at SSRN.

19 Aug 2022: Our paper "The Information Value of Distress" is accepted for publication in Management Science.

27 Jul 2022: A new version of "The Information Value of Distress" is available at SSRN.

12 Jul 2022: I present "Bankruptcy Prediction with Incomplete Accounting Information" and discuss "Adverse Selection Without a Housing Boom: Evidence from Fannie Mae's Credit Risk Transfers" at the FMA European Conference in Lyon.

1 Jul 2022: Congratulations to Narmin Nahidi, who just defended her PhD thesis, which I had the pleasure to be co-supervising. All the best for your future journey!

21&22 Apr 2022: I co-organize the DFI Research Fellow Retreat 2022 at Sandbjerg Manor, Sønderborg.

23 Mar 2022: I present our new project "Investment Timing and Market Feedback" at Universitat Autònoma de Barcelona.

1 Mar 2022: I present our new project "Bankruptcy Prediction with Incomplete Accounting Information" at the NFN Webinar.

17 Feb 2022: I became a member of the board of the Nordic Finance Network (NFN) for Aarhus University.

16 Aug 2021: Welcome to Narmin Nahidi at Aarhus University! Narmin is a PhD student at Ca' Foscari University of Venice, visiting me for two months.

02 Aug 2021: Welcome to Matthias Lassak at Aarhus University! Matthias is partly funded by my research project "Debt valuation and strategic interaction".

09 Dec 2020: I received a DKK 2.8 million grant from The Independent Research Fund Denmark. News article.

09 Oct 2020: Added full CV

06 Oct 2020: hirth.dk moved to Google Sites