Two New Associate Professors joining the Finance Section

We are happy to announce that Håkan Jankensgård and Gustav Martinsson are joining the Finance Section as Associate Professors.

Håkan Jankensgård’s research is primarily within corporate finance, with a special interest in corporate risk management. He has done research in this field for over a decade now and remain fascinated by it. Håkan has also carried out extensive work in enterprise risk management over the years, which has resulted in three books so far.

Håkan Jankensgård
Håkan Jankensgård

Apart from risk management, he has also been involved in research that covers a wide range of other financial topics. These include the determinants of stock return volatility, financial constraints, voluntary disclosure, and the relation between ownership structure and corporate policy.

Håkan has taught Master-level courses in risk management, valuation, and financial statement analysis. His teaching philosophy is that one learns best by doing, and by building decision-support tools that are aligned with theory but also practically useful.

Gustav Martinsson’s research interests are in the intersection of corporate finance, sustainability, and the real economy. The sustainability focus is mostly through studying how carbon pricing and environmental regulations impact corporations and to what extent these policies correct for market failures.

Gustav Martinsson
Gustav Martinsson

To this end Gustav is a part of a research group that has compiled the world’s longest panel of firm level data enabling the tracking of carbon emissions and pollution, and the pricing of these emissions over 30 years. The nature of Swedish registry data enables the emissions data to be merged with firm financials, ownership structure, etc. facilitating finance-related research. Gustav’s work has been published in journals such as Journal of Finance, Review of Financial Studies, and Management Science.

Gustav’s teaching has mostly been in corporate finance, both at the bachelor and master level. He has also taught in financial intermediation, green economics, sustainability, and quantitative business analytics.

A specific interest of Gustav’s teaching is to integrate sustainability in financial economics. Students often face sustainability in courses “tagged” on at the end and at times comprising unrelated information. However, by using the rigor of concepts such as externalities and materiality it is possible to address the sustainability challenges with a similar structured approach as financial economics tackles finance issues.