Subprojects

(1) The Determinants of capital flows Mohammed Aba Al-Khail, Mark Grinblatt, Markku Kaustia, Matti Keloharju, Eva Liljeblom, Anders Löflund.

(2) Corporate Governance and Financial Communication
Anders Ekholm, Mark Grinblatt, Huang Chunyang, Matti Keloharju, Daniel Pasternack, Vesa Puttonen, Harri Seppänen, Ivo Welch.

(3) Ownership and the distribution of profits
Jussi Karhunen, Eva Liljeblom, Anders Löflund, Benjamin Maury, Daniel Pasternack.

(4) Corporate Reward Systems and CEO changes
Anders Ekholm, Seppo Ikäheimo, Timo Larjomaa, Daniel Pasternack.

(5) Corporate Cost of Capital
Mats Hansson, Matti Ilmanen, Markku Kaustia, Eva Liljeblom, Anders Löflund, Benjamin Maury, Sami Torstila, Mika Vaihekoski.