Lars Christer Oxelheim

External Kristiansand

Email: lars.c.oxelheim@uia.no
Mobile phone: +46 70 861 93 61

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Lars Oxelheim is Professor of International Business and Finance at the School of Business and Law at the University of Agder.

Oxelheim's research interests are in the area of the interplay between the firm and its macroeconomic environment, encompassing economic and financial integration as well as managerial aspects, corporate governance and risk management. His empirical studies are often based on European data.

Oxelheim has authored, co-authored or edited some 45 research monographs and is the author of a large number of research articles published in international business, finance, and economic journals.

Oxelheim is professor emeritus at Lund University in Sweden and affiliated with the Research Institute of Industrial Economics (IFN), Stockholm. He is an Honorary Professor at Fudan University in Shanghai.

Oxelheim is the founding chairman of the Swedish Network for European Studies in Economics and Business. He is also active member of several international research networks and serves on the editorial board of a number of journals. Oxelheim is an elected member of the Royal Society of Letters at Lund, elected Fellow of the European International Business Academy and a member of the Royal Swedish Academy of Engineering Services (IVA).

Afzali, Aaron; Oxelheim, Lars & Randøy, Trond (2026). Independent directors’ reputation incentives and executive pay tournaments. Review of Quantitative Finance and Accounting. ISSN 0924-865X. p. 1–27. doi: 10.1007/s11156-026-01507-8. Full text in Research Archive Show summary
We provide evidence of a positive association between independent directors’ reputation incentives and the magnitude of the CEO pay gap, defined as the difference in compensation between the CEO and lower-ranked executives. The CEO pay gap serves as a proxy for the strength of executive pay tournaments within the firm. Using a sample of S&P 1500 firms, we show that independent directors with stronger reputation incentives employ larger pay gaps to encourage executive risk-taking, thereby enhancing firm performance and protecting their own reputation in the labor market. This relationship holds for both short- and long-term pay gaps and is supported by propensity score matching and difference-in-differences analyses. Cross-sectional results indicate that the association is stronger in settings characterized by higher information asymmetry, lower institutional ownership, weaker product-market competition, and smaller firm size, consistent with reputation incentives substituting for weaker external monitoring. Overall, our findings highlight tournament-based compensation as a strategic governance mechanism and demonstrate that directors’ reputation incentives, particularly in opaque information environments, can help align incentives and improve firm outcomes.
Ekman, Per; Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (2025). Reconsidering the Depth and Size of the EU in View of Enlargement in a Time of War. In Ekman, Per; Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (Ed.), The Depth and Size of the European Union in a Time of War. Palgrave Macmillan. ISSN 9783031834417. p. 251–272. doi: 10.1007/978-3-031-83441-7_11. Full text in Research Archive Show summary
In the final chapter, the authors discuss the forthcoming enlargement of the European Union (EU), focusing on both its depth and size. It is argued that while previous enlargements also had a geopolitical component, this time, enlargement plays out in the context of a large war in Eastern Europe and an international system marked by instability and great power rivalry. A major challenge for EU enlargement is Russia’s intent to influence developments not only in Ukraine and Moldova but also in the Western Balkans. Additionally, the strategic rivalry with China poses further complications. Further, it is argued that by opening negotiations with Ukraine, the EU will play an important role in a future peace settlement. The chapter reflects on lessons from previous enlargements, emphasising the need for the EU to consider issues such as weak economic performance, patchy enforcement of the rule of law, and the fragile democracy that characterise many candidate countries. The chapter concludes by exploring various models for the EU’s future, concentrating on its depth and size. The authors argue that the EU should embrace this enlargement as an opportunity, reform its institutions, and move away from the requirement of unanimity where it is obsolete.
Ekman, Per; Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (2025). European Integration in a Time of War: Can the EU Gear Up to Face Unprecedented Internal and External Challenges? In Ekman, Per; Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (Ed.), The Depth and Size of the European Union in a Time of War. Palgrave Macmillan. ISSN 9783031834417. p. 1–21. doi: 10.1007/978-3-031-83441-7_1. Full text in Research Archive Show summary
In this chapter, the authors explore how Russia’s large-scale invasion of Ukraine in 2022 has acted as a trigger for a future EU enlargement and how the Union and its member states have taken an inevitable responsibility for future peace and development in Europe. The chapter provides the historical context of EU enlargement, focusing particularly on the 2004 and 2007 Eastern enlargement, which prompted significant discussions about the deepening and widening of the EU. The authors address several challenges the EU faces during the forthcoming enlargement, including the political and economic readiness of the candidate countries, the turbulent geopolitical environment, as well as concerns about the EU’s internal cohesion and its capacity to integrate new members without compromising the Union’s effectiveness. The chapter concludes by outlining the subsequent chapters of the book which, from various perspectives, examine the depth and size of the European Union in a time of war.
bakardjieva, antonina; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2024). Perspectives on the Significance of Borders in Europe: Past Challenges, Future Developments, The Borders of the European Union in a Conflictual World. Palgrave Macmillan. ISSN 9783031541995. p. 1–21. Full text in Research Archive
bakardjieva, antonina; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2024). The EU’s Internal and External Borders in a World Torn by Conflict, The Borders of the European Union in a Conflictual World. Palgrave Macmillan. ISSN 9783031541995. p. 261–283. doi: 10.1007/978-3-031-54200-8_11. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2023). The state of European integration: Where does the EU stand and in what direction is it heading? In Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (Ed.), The EU Between Federal Union and Flexible Integration. Palgrave Macmillan. ISSN 9783031223969. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2023). The road ahead for the European Union: between federal union and flexible integration. In Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (Ed.), The EU Between Federal Union and Flexible Integration. Palgrave Macmillan. ISSN 9783031223969. Full text in Research Archive
Hearn, Bruce; Oxelheim, Lars & Randøy, Trond (2023). The impact of indigenous culture and business group affiliation on corporate governance of African firms. Corporate governance. An International Review. ISSN 0964-8410. p. 1–25. doi: 10.1111/corg.12547. Full text in Research Archive Show summary
This is a study of the relationship between business group ownership and constituent firms' adoption of Anglo-American shareholder value governance in African firms at the undertaking of an initial public offering (IPO). Research Findings/Insights We find business group ownership to be associated with lower Anglo-American corporate governance adoption by constituent firms. However, this association is reversed in the institutional context of higher tribalism, while correspondingly being exacerbated in the context of lower tribalism. Theoretical/Academic Implications We theorize that the influence of business group ownership on firms' adoption of Anglo-American corporate governance is better understood when considering the institutional context. We highlight how informal cultural institutions are heterogeneous and thus shape the indigenous political economy and impact business groups. Specifically, we argue institutional contexts with higher tribalism are associated with more in-group favoritism and nepotism. This association makes it critical for business group constituent firms to escape the constraints of the political economy of tribalism when attracting outside funding, leading to a higher inclination to adopt Anglo-American governance. Contrastingly, in lower tribalism contexts, there is more universal trust across societies and an increased availability of domestic funding. Practitioner/Policy Implications Given the proliferation of business group ownership within economies worldwide, the study provides a useful framework with which to gauge the influence of business group ownership on a constituent firm's adoption of Anglo-American governance best practice. In particular, the study emphasizes that the interdependence of formal institutional architecture and tribalism—both fundamentally associated with the demographic shape and with the incentive structures embedded within the underlying national political economy—calls for careful considerations when making national corporate governance recommendations.
Engelbrekt, Antonina Bakardjieva; Michalski, Anna & Oxelheim, Lars (2023). The EU:s Inner and Outer Borders in a World torn by Conflict. European Perspectives. ISSN 1403-3879. Full text in Research Archive
Hearn, Bruce; Oxelheim, Lars & Randøy, Trond (2022). The influence of business groups on board composition in offshore financial multinational enterprises. International Business Review. ISSN 0969-5931. doi: 10.1016/j.ibusrev.2022.102084. Full text in Research Archive Show summary
Based on resource dependence theory we argue for an influence of business groups (BGs) on the board composition of constituent offshore financial multinational enterprises (FMNEs). Using a unique sample of 171 Caribbean FMNEs in an inter-island BG setting, we find BGs’ control in constituent firms to be indicative of the importance of the internal financing and intermediation within the group network. This control leads to a higher proportion of lawyers hired to the boards of directors in BG-constituent firms and supports the argument that lawyers provide skills in complex offshore regulatory frameworks that facilitate BGs’ optimal tax management. Furthermore, we observe that an increased adoption of shareholder rights governance by BG-constituent firms is associated with increased engagement with outside resource providers, increased potential conflicts of interest and hence a need for hiring more lawyers. Our interpretation is that offshore FMNEs have a need for more lawyers, whose legal skill is critical to the competitive advantage of FMNEs.
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2022). The EU and the Precarious Routes to Political, Economic and Social Resilience. In Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (Ed.), Routes to a resilient European Union. Palgrave Macmillan. ISSN 9783030931643. p. 1–14. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Michalski, Anna & Oxelheim, Lars (2022). Inledning - EU mellan federalism och flexibel integration. In Engelbrekt, Antonina Bakardjieva; Michalski, Anna & Oxelheim, Lars (Ed.), EU mellan federalism och flexibel integration. Santérus Förlag. ISSN 9789173591799. p. 11–32. Full text in Research Archive
afzali, aaron; Martikainen, Minna; Oxelheim, Lars & Randøy, Trond (2022). On the role of internationalization of firm-level corporate governance: The case of audit committees. Corporate governance. An International Review. ISSN 0964-8410. doi: 10.1111/corg.12503. Full text in Research Archive Show summary
Motivated by the agency theory and the findings of linguistic studies, we analyze the association between the internationalization of a firm's audit committee and its corporate governance.Research Findings/InsightsBased on data from 2159 publicly traded European firms from 15 countries for the period 2000–2018, we find that firms with foreign directors on their audit committees are associated with lower financial reporting quality. The association is mitigated by stronger country-level investor protection and a higher similarity among intra-committee languages. We further find that foreign directors on the audit committee are related to stock prices being less informative about future earnings. Theoretical/Academic Implication: In this study, we argue that language differences create communication difficulties that weaken social integration between foreign directors and the other parties involved in overseeing financial reporting, thus hampering their ability to monitor effectively. Practitioner/Policy Implications: The results indicate that foreign directors on a corporate board increase its independence. However, appointing foreign directors to the firm's audit committee may compromise the board's monitoring function.
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2022). Chapter 11 Conclusion: The EU and the Search for Sustainability and Resilience. In Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (Ed.), Routes to a resilient European Union. Palgrave Macmillan. ISSN 9783030931643. Full text in Research Archive
Oxelheim, Lars & Randøy, Trond (2021). THE GLOBAL LOGISTIC CHAIN UNDER SIEGE IN A POST-COVID ERA. Social Science Research Network (SSRN). Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Leijon, Karin; Michalski, Anna & Oxelheim, Lars (2021). What does the technological shift have in stall for the EU? Opportunities and pitfalls for European societies. In Engelbrekt, Antonina Bakardjieva; Leijon, Karin; Michalski, Anna & Oxelheim, Lars (Ed.), The European Union and the Technology Shift. Palgrave Macmillan. ISSN 9783030636715. Full text in Research Archive
Oxelheim, Lars; Jankesgård, Håkan & Alviniussen, Alf (2021). Foreign Exchange Risk Management. In Fraser, John; Simkins, Betty & Quail, Rob (Ed.), Enterprise Risk Management: Today's Leading Research and Best Practices for Tomorrow's Executives. John Wiley & Sons. ISSN 9781119741480. Full text in Research Archive
Oxelheim, Lars & Randoy, Trond (2021). The Global Logistic Chain Under Siege in a Post-Covid Era. In Nesset, Erik; Solli-Sæther, Hans & Strand, Øivind (Ed.), Bidrag innen kundeverdi og marked : Festskrift til Øyvind Helgesen. Universitetsforlaget. ISSN 9788215055602. doi: 10.18261/9788215055596-2021-08. Full text in Research Archive
Oxelheim, Lars & Randøy, Trond (2021). Bidrag innen kundeverdi og marked. In Nesset, Erik; Solli-Sæther, Hans & Strand, Øivind (Ed.), Bidrag innen kundeverdi og marked : Festskrift til Øyvind Helgesen. Universitetsforlaget. ISSN 9788215055602. p. 159–175. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Leijon, Karin; Michalski, Anna & Oxelheim, Lars (2020). The EU, the nation state and the perennial challenge to European integration, The European Union and the Return of the Nation State. Palgrave Macmillan. ISSN 9783030350048. p. 1–25. doi: 10.1007/978-3-030-35005-5_1. Full text in Research Archive
Hooghiemstra, Reggy; Hermes, Niels; Oxelheim, Lars & Randøy, Trond (2019). Strangers on the board: The impact of board internationalization on earnings management of Nordic firms. International Business Review. ISSN 0969-5931. 28(1), p. 119–134. doi: 10.1016/j.ibusrev.2018.08.007. Full text in Research Archive Show summary
The internationalization of firms has led to boards becoming more international as well. In this study, we investigate the consequences of board internationalization. In particular, by drawing on research on language and board dynamics, we identify theory-based reasons why board internationalization could increase, or decrease, earnings management practices. We use agency theory, stressing how board internationalization may positively or negatively affect monitoring quality of boards. Next to agency theory, we use theories explaining how language differences in the boardroom complicates communication and how differences in language structures (referred to as linguistic relativity in the literature) affect directors’ perception and detection of earnings management practices. Using a sample of 3249 firm-year observations representing 586 non-financial listed Nordic firms during 2001–2008, we find that the presence of non-Nordic foreign directors on the board is associated with significantly higher levels of earnings management. Our analysis indicates that this effect is driven by language-related factors, as well as by the level of foreign board members’ accounting knowledge.
Oxelheim, Lars (2019). Optimal vs satisfactory transparency: The impact of global macroeconomic fluctuations on corporate competitiveness. International Business Review. ISSN 0969-5931. 28(1), p. 190–206. doi: 10.1016/j.ibusrev.2018.05.011. Full text in Research Archive

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Pintsch, Anne; Harbo, Tor-Inge & Oxelheim, Lars (2025). Differentiated Integration in a Nordic Perspective. Routledge. ISBN 9781032691015. doi: 10.4324/9781032699219. Full text in Research Archive
Ekman, Per; Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (2025). The Depth and Size of the European Union in a Time of War. Palgrave Macmillan. ISBN 9783031834417. 290 p. Full text in Research Archive
Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (2025). Den nya geopolitiska kartan och EU:s vägval. Santerus förlag. ISBN 9789173592154. 276 p. Full text in Research Archive
Oxelheim, Lars; Michalski, Anna; Ekman, Per & bakardjieva, antonina (2024). The Borders of the European Union in a Conflictual World. Palgrave Macmillan. ISBN 9783031541995. 288 p. Full text in Research Archive
Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (2024). Europeiska Unionens djup och storlek i en tid av ofred. Santerus förlag. ISBN 9789173592055. 277 p. Full text in Research Archive
Ghauri, Pervez N.; Oxelheim, Lars & Randoy, Trond (2024). The changed geopolitical map: implications for international business policy in a sustainable finance perspective. Edward Elgar Publishing. ISBN 9781035308675. 22 p. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2023). THE EU BETWEEN FEDERAL UNION AND FLEXIBLE INTEGRATION. Palgrave Macmillan. ISBN 9783031223969. 300 p. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2023). The EU Between Federal Union and Flexible Integration. Palgrave Macmillan. ISBN 9783031223969. 300 p. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Michalski, Anna & Oxelheim, Lars (2022). EU mellan federalism och flexibel integration. Santérus Förlag. ISBN 9789173591799. 293 p. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2022). Routes to a resilient European Union. Palgrave Macmillan. ISBN 9783030931643. 290 p. Full text in Research Archive
Engelbrekt, antonina Bakardjieva; Michalski, Anna & Oxelheim, Lars (2021). Vägar till ett uthålligt EU. Santérus Förlag. ISBN 9789173591614. 240 p. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Leijon, Karin; Michalski, Anna & Oxelheim, Lars (2021). The European Union and the Technology Shift. Palgrave Macmillan. ISBN 9783030636715. 300 p. Full text in Research Archive
Oxelheim, Lars; Alviniusen, Alf & Jankensgård, Håkan (2020). Corporate Foreign Exchange Risk Management. John Wiley & Sons. ISBN 9781119598862. 200 p. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Leijon, Karin; Michalski, Anna & Oxelheim, Lars (2020). The European Union and the Return of the Nation State. Palgrave Macmillan. ISBN 9783030350048. 275 p. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Michalski, Anna & Oxelheim, Lars (2020). EU och Teknologiskiftet. Santerus. ISBN 9789173591508. 250 p. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Bremberg, Niklas; Michalski, Anna & Oxelheim, Lars (2019). The European Union in a Changing World Order. Palgrave Macmillan. ISBN 9783319738567. 300 p. Full text in Research Archive

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Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (2025). Pitfalls and Dilemmas: The EU charting its course in a new political world. In Lundqvist, Björn; Michalski, Anna & Oxelheim, Lars (Ed.), Den nya geopolitiska kartan och EU:s vägval. Santerus förlag. ISSN 9789173592154. p. 1–21. Full text in Research Archive
Hearn, Bruce & Oxelheim, Lars (2024). Unbundling the effect of corporate governance on Transaction costs. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2023). EU:s framtid står på spel. Full text in Research Archive
bakardjieva, antonina; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2023). EU:s framtid står på spel. Full text in Research Archive
Oxelheim, Lars (2023). EU i en konfliktfylld värld. Full text in Research Archive
Oxelheim, Lars (2023). EU och den nya geopolitiska kartan. Full text in Research Archive
Oxelheim, Lars (2023). EU and the threats to the integration. Full text in Research Archive
Oxelheim, Lars (2023). EU i en värld där globaliseringen är på väg tillbaka. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Oxelheim, Lars & Michalski, Anna (2023). Statsstöd får inte äventyra sammanhållningen i EU. Full text in Research Archive
Oxelheim, Lars (2023). EUs inre och yttre gränser i en konfliktfylld värld. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2022). Ett enat EU ligger snart i Sveriges händer. Full text in Research Archive
Oxelheim, Lars (2022). CORPORATE CHALLENGES IN A TURBULENT WORLD ECONOMY. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2022). Nordisk gemenskap visar vägen för att hålla EU enat. p. 24–24. Full text in Research Archive
Oxelheim, Lars (2022). Flexibel integration och samtida utmaningar. Full text in Research Archive
Afzali, Haroon; Oxelheim, Lars; Randøy, Trond & Vieito, João Paulo (2022). The Impact of CEO-Employee Pay Ratios and Top Management Team Pay Gaps on Employee Productivity. Full text in Research Archive
Oxelheim, Lars (2021). The global logistic chain at stake. Full text in Research Archive
Afzali, Haroon; Martikainen, Minna; Oxelheim, Lars & Randøy, Trond (2021). On the Role of Internationalization of Firm-level Corporate Governance - the Case of Audit Committees. Full text in Research Archive
Oxelheim, Lars; Engelbrekt, Antonina Bakardjieva; Ekman, Per & Michalski, Anna (2021). Vad händer med finskt näringsliv när EU:s uthållighet vässas. p. 32–32. Full text in Research Archive
Oxelheim, Lars (2021). Ur bonus till företagsledningen en föråldrad företeelse. [Radio]. Dagens Eko. Full text in Research Archive
Oxelheim, Lars (2021). Vägar till ett hållbart framtida EU. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2021). Forskare: Vår koppling till EU måste synliggöras i valrörelsen. Full text in Research Archive
bakardjieva, antonina; Ekman, Per; Michalski, Anna & Oxelheim, Lars (2021). Potensielt alvorlig for norsk konkurranseevne. Full text in Research Archive
Oxelheim, Lars (2020). Kampen om bilindustrin är en tickande bomb. p. 4–4. Full text in Research Archive
Oxelheim, Lars (2020). Podd om Ersättning till VD. [Internet]. kapital.se. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Leijon, Karin; Michalski, Anna & Oxelheim, Lars (2020). EU måste klara teknikskiftet. Full text in Research Archive
Oxelheim, Lars (2020). The Technology shift - risks and opportunities for the EU. Full text in Research Archive
Oxelheim, Lars (2020). Norge må mobilisere for å beskytte frihandelen. Full text in Research Archive
Oxelheim, Lars (2020). Tid til at vågne op: Frihandel står på spel når pandemien forvaerrer krisen. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Michalski, Anna; Leijon, Karin & Oxelheim, Lars (2020). EU står inför ett tekniskt megaskifte. p. 18–18. Full text in Research Archive
Hearn, Bruce; Oxelheim, Lars & Randøy, Trond (2020). The Impact of Business Group Affiliation and Country-Level Institutions on Corporate Governance of Emerging Market Firms. Full text in Research Archive
Oxelheim, Lars (2020). Migrationen påverkar kronan. p. 06–06. Full text in Research Archive
Oxelheim, Lars (2020). Risk management under 2020-talet kommer att bli krävande. Dagens Industri. ISSN 0346-640X. Full text in Research Archive
Oxelheim, Lars (2020). EU and the role of the technology shift. Full text in Research Archive
Hearn, Bruce; Oxelheim, Lars & Randøy, Trond (2020). Founder vs Non-Founder Director in Influencing Asymmetric Information: Evidence from Caribbean. Full text in Research Archive
Oxelheim, Lars (2020). EU och ett utmanande teknologiskifte. Full text in Research Archive
Chiu, Hsin-Hui; Oxelheim, Lars; Wihlborg, Clas & Zhang, Jianhua (2020). CEO Incentives, Asymmetry and the Allocation of Managerial Effort to Macroeconomic Fluctuations. Full text in Research Archive
Afzali, Haroon; Martikainen, Minna; Oxelheim, Lars & Randøy, Trond (2020). Foreign Audit Committee Members and Financial Reporting Quality (FRQ). Full text in Research Archive
Hearn, Bruce; Oxelheim, Lars & Randøy, Trond (2020). The Impact of Business Group Affiliation and Institutions on Corporate Governance of Emerging Market Firms. Full text in Research Archive
Oxelheim, Lars (2020). Pandemin påskyndar en kamp om jobben som hotar frihandeln. p. 16–16. Full text in Research Archive
Oxelheim, Lars; Randøy, Trond; Doktor, Bob & Chang, Rosita (2019). CEO Incentives Shown to Yield Positive Societal Benefits. Harvard Law School Forum on Corporate Governance and Financial Regulation. Full text in Research Archive
Oxelheim, Lars; Randøy, Trond & Hearn, Bruce (2019). Emerging Market Business Groups: Moving from Institutional Voids to Institutional Embeddedness with Social Elites. Full text in Research Archive
Randøy, Trond; Oxelheim, Lars & Hearn, Bruce (2019). THE ROLE OF FORMAL INSTITUTIONS AND TRIBALISM INFLUENCING FIRMS’ ADOPTION OF SHAREHOLDER VALUE CORPORATE GOVERNANCE – AN EMERGING MARKET PERSPECTIVE. Full text in Research Archive
Oxelheim, Lars (2019). Förförande medvind i makroekonomin. [Journal]. Fastighetsnytt. Full text in Research Archive
Oxelheim, Lars (2019). Professorn: Glöm att du kan tjäna på kronan. [Internet]. Realtid.se. Full text in Research Archive
Oxelheim, Lars (2019). EU/Asia and the role of WTO in a digitalized world. Full text in Research Archive
Oxelheim, Lars (2019). On the return of the nation state . An EU- perspective. Full text in Research Archive
Oxelheim, Lars (2019). 10-procentig uppgång i räntan möjlig. [Internet]. Realtid.se. Full text in Research Archive
Oxelheim, Lars (2019). Expertens räntelarm. [Journal]. Dagens Industri. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Michalski, Anna & Oxelheim, Lars (2019). EU och nationalstatens återkomst, EU och nationalstatens återkomst. Santérus Förlag. ISSN 9789173591324. p. 7–10. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Michalski, Anna & Oxelheim, Lars (2019). Inledning: EU och nationalstatens återkomst, EU och nationalstatens återkomst. Santérus Förlag. ISSN 9789173591324. p. 11–35. Full text in Research Archive
Oxelheim, Lars (2019). Ruotsin kruunu heikkenee heikkenemistään, ja nyt kärsivällisyys on loppu myös Ruotsin suurimmilta yrityksiltä – ”Olemme maalanneet itsemme nurkkaan”. [Journal]. Helsingin Sanomat. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Leijon, Karin; Michalski, Anna & Oxelheim, Lars (2019). Svenska politiker bör rannsaka sig själva om EU. p. 4–4. Full text in Research Archive
Oxelheim, Lars (2019). Penningpolitiken riskerar att göra svenska företag ineffektiva. p. 5–5. Full text in Research Archive
Hearn, Bruce; Oxelheim, Lars & Randøy, Trond (2019). FROM NEXUS OF CONTRACTS TO NEXUS OF INSTITUTIONS: THE DETERMINANTS OF ANGLO-AMERICAN CORPORATE GOVERNANCE MIGRATION INTO EMERGING ECONOMIES. Full text in Research Archive
Oxelheim, Lars (2019). Financial Market Development in Emerging Asia:The Corporate Governance https://ssrn.com/abstract=3433459, https://dx.doi.org/10.2139/ssrn.3433459. Full text in Research Archive
Oxelheim, Lars (2019). Nationalstatens återkomst. Full text in Research Archive
Engelbrekt, Antonina Bakardjieva; Leijon, Karin; Michalski, Anna & Oxelheim, Lars (2019). Partierna måste redan i riksdagsvalet bekänna färg inför Europavalet. p. 11–11. Full text in Research Archive
Oxelheim, Lars (2019). Är nationalstaten på väg tillbaka - Ett EU-perspektiv. Full text in Research Archive
Oxelheim, Lars (2019). Expertens räntelarm. [Journal]. Dagens Industri. Full text in Research Archive
Ghauri, Pervez; Oxelheim, Lars & Randoy, Trond (2023). The Changed Geopolitical Map: Implications for Business Policy in a Sustainable Finance Perspective. WP 1465. Research Institute of Industrial Economics. Full text in Research Archive
afzali, aaron; Oxelheim, Lars; Randoy, Trond & Vieito, João Paulo (2023). The Impact of Relative CEO Pay on Employee Productivity WP 1458. Research Institute of Industrial Economics. Full text in Research Archive
Oxelheim, Lars & Randøy, Trond (2021). The Impact of Founders on Information Asymmetry vis-à-vis Outside Investors: Evidence from Caribbean Offshore Tax Havens. Research Institute of Industrial Economics - IFN WP 1419. Full text in Research Archive

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Published Mar. 24, 2026 5:53 AM - Last modified Mar. 24, 2026 5:53 AM