Ownership and Corporate Governance in Finland

A Project Sponsored by the Finnish Academy of Sciences (the LIIKE program)

Professor Eva Liljeblom (Hanken)
Tel:+358 9 431 33291
fax: 358-9-431 33 393
eva.liljeblom@shh.fi

Professor Matti Keloharju (HSE)

The project studies the internationalization of the Finnish financial markets and its influence on the corporate governance systems. The following themes are focused on: 1) the determinants of capital flows to and from the Finnish market and within the Finnish market, 2) the changing links between corporate governance and financial information, 3) the distribution of profits among heterogeneous owners, 4) corporate reward systems and chief executive turnover, and 5) the overall cost of capital.