In this paper we study the relation between firm-level disclosure quality and the availability of external finance to firms. Using data on Finnish firms that are mostly private and small, we first estimate ‘excess growth’ made possible by external finance. We then show that the excess growth...

In this paper, we analyse the economic impacts of the low-carbon roadmap made for the Finnish forest indus-tries. The analysis is based on a future scenario provid-ed by AFRY. Given the unit prices and production levels of six forest industry production categories, we assess the value added and...

In this paper, we analyse the economic impacts of the low-carbon roadmap made for the Finnish forest indus-tries. The analysis is based on a future scenario provid-ed by AFRY. Given the unit prices and production levels of six forest industry production categories, we assess the value added and...

Tutkimus käsittelee riskirahoituksen ja riskirahoittajien merkitystä biotekniikka-alan yritystoiminnalle. Se kiinnittää erityistä huomiota riskirahoittajien tuomaan lisäarvoon yrityksille varsinkin muussa kuin rahallisessa merkityksessä. Tutkimuksessa verrataan sekä riskirahoitusta...

Vi analyserer hvordan Oslo Børs påvirkes av det direkte statlige eierskapet i norske selskaper. Vi har først sett om det er en ``statsrabatt'' på Oslo Børs. Ved å se på data fra 1989 til 2007 har vi funnet noen indikasjoner på en slik rabatt, en negativ sammenheng mellom lønnsomhet,...

European Union and the United States have decided to start negotiations over a Transatlantic Trade and Investment Partnership. Among other things, the agreement would include a reduction in trade and investment barriers as well as barriers against participation in public procurement projects. If...