Chapter 1: Introduction -- Chapter 2: Stock market reaction to external CEO appointments: Evidence from the Nordic countries -- Chapter 3: How do stock markets value bank diversification? Evidence from the Eurozone -- Chapter 4: Creating value in M&A: does ESG performance matter for acquirer...

Few can argue with the notion that corporations should at least consider corporate social responsibility (CSR) to better understand the impact of their operations on society. However, recent empirical tests suggest CSR has an ambiguous impact on firm performance. To shed new light on this...

Banks are growing ever larger compared to their national economies. We show that increases in relative bank size (measured as a bank's liabilities divided by national GDP) are linked to banks displaying higher tail risk. This effect is not entirely due to risk channels that disproportionately...