• A note on fair value accounting in a crisis: The influence of the hedge accounting regulations 

      Beisland, Leif Atle (Journal article; Peer reviewed, 2010)
      The role of fair value accounting in the financial crisis is contorversial and heavily debated. Some claim that fair value accounting of financial instruments contributed to the recent crisis. This note acknowledges that, ...
    • A taxonomical account of knowledge creation: research directions 

      Izunwanne, Pamela C. (Journal article; Peer reviewed, 2011)
      The global knowledge economy could become the next booming economy. This point can be buttressed by the flood of literature on knowledge management. New job roles have emerged in many firms to handle the challenge of the ...
    • Access to mainstream microfinance services for persons with disabilities — lessons learned from Uganda 

      Bwire, Flavia Nakabuye; Mukasa, George; Mersland, Roy (Journal article; Peer reviewed, 2009)
      This article reports from a pilot project in Uganda where the aim is to enable persons with disabilities to have access to mainstream microfinance services. Several lessons have already been learned: 1) entrepreneurs with ...
    • Convex costs and the hedging paradox 

      Frestad, Dennis (Journal article; Peer reviewed, 2010)
      Financial theory suggests that hedging can increase shareholder value in the presence of capital market imperfections, including direct and indirect costs of financial distress, costly external financing, and convex tax ...
    • Deterministic versus probabilistic consequences of trust and trustworthiness: An experimental investigation 

      Güth, Werner; Mugera, Harriet; Musau, Andrew; Ploner, Mateo (Journal article; Peer reviewed, 2014)
      here is overwhelming evidence of reciprocal behavior, driven by intentions. However, the role of consequences is less clear cut. Experimentally manipulating how efficient trust and reciprocity can be in deterministic and ...
    • Frarådningsplikten: Til bankens eller forbrukerens beste? 

      Hveem, Dag Jørgen; Nyhus, Ellen K. (Journal article; Peer reviewed, 2013)
      Frarådingsplikten overfor låntakere er fastsatt i finansavtaleloven § 47. Hovedformålet med bestemmelsen er å forhindre uheldige låneopptak – lovgiver vil verne forbrukere fra for store låneopptak og økonomisk utsatthet. ...
    • Gender bias in microfinance 

      D'Espallier, Bert; Guerin, Isabelle; Mersland, Roy (Journal article; Peer reviewed, 2013)
      We provide empirical evidence on focusing on women in microfinance and its consequences for microfinance institutions (MFIs). Based on a global dataset, the results indicate that a focus on women is associated with ...
    • Household skills and low wages 

      Dale, Kristin (Peer reviewed; Journal article, 2008)
      Household skills provide job skills when tasks in jobs and household production are similar and jobs produce substitutes for home-made services. Opportunity costs of higher education are foregone earnings during schooling ...
    • The impact of financial arrangements and institutional form on housing prices 

      Robertsen, Karl; Theisen, Theis (Journal article; Peer reviewed, 2010)
      Dwellings in housing cooperatives constitute 15% of the Norwegian housing property market. The price paid for such dwellings consists of two elements: An equity price and a share of the mutual debt held by the cooperative. ...
    • The impact of international influence on microbanks' performance: A global survey 

      Mersland, Roy; Randøy, Trond; Strøm, Reidar Øystein (Journal article; Peer reviewed, 2011)
      Microbanks serve micro-enterprises and poor people with financial services. This study examines how various aspects of international influence affect microbanks' financial and social performance. Grounded in agency theory ...
    • Mikrofinans: Fra helt til kjeltring? 

      Mersland, Roy; Strøm, R. Øystein (Journal article; Peer reviewed, 2011)
      Motivert av den senere tids kritikk av mikrofinans, blant annet slik den fremkom i en dokumentarkalt «Fanget i mikrogjeld» som ble sendt på NRK i november 2010, undersøker vi i denne artikkelen hvorvidt mikrofinanstilbyderne ...
    • Performance and international investments in microfinance institutions 

      Mersland, Roy; Urgeghe, Ludovic (Journal article; Peer reviewed, 2013)
      Using data from 319 microfinance institutions (MFIs) in 68 developing countries, we study the degree to which international debt investments are related to the financial and social performances of MFIs. We find that ...
    • Should all microfinance institutions mobilize microsavings? Evidence from economies of scope 

      Delgado, Michael S; Parmeter, Christopher F; Hartaska, Valentina; Mersland, Roy (Journal article; Peer reviewed, 2014)
      We extend a recently developed generalized local polynomial estimator into a semiparametric smooth coefficient framework to estimate a generalized cost function. The advantage of the generalized local polynomial approach ...
    • State dependence in sequential equity judgements 

      Jungeilges, J.A.; Theisen, Theis (Journal article; Peer reviewed, 2010)
      We report the results from a questionnaire-type experiment designed to elicit whether individuals decide in accordance with the equity axiom constituent for Rawls's second principle. The experiment is sequential in nature. ...
    • Swing options in commodity markets: a multidimensional Lévy diffusion model 

      Eriksson, Marcus; Lempa, Jukka; Nilssen, Trygve Kastberg (Journal article; Peer reviewed, 2013)
      We study valuation of swing options on commodity markets when the commodity prices are driven by multiple factors. The factors are modeled as diffusion processes driven by a multidimensional Lévy process. We set up a ...
    • The predictive ability and value relevance of accounting measures 

      Beisland, Leif Atle (Journal article; Peer reviewed, 2011)
      Empirical accounting research sometimes assumes that the value relevance of accounting variables can be indirectly assessed by studying the ability of the variables to forecast future cash flow and earnings. This study ...
    • The use of microfinance services among economically active disabled people: Evidence from Uganda 

      Beisland, Leif Atle; Mersland, Roy (Journal article; Peer reviewed, 2012)
      This study investigates the use of microfinance services among economically active disabled people in Uganda. The findings suggest that disabled people make more use of microfinance services than previously assumed. A total ...
    • The value relevance of losses revisited: The importance of earnings aggregation 

      Beisland, Leif Atle (Journal article; Peer reviewed, 2011)
      Prior research has suggested that earnings explain a larger portion of the variation in stock returns when disaggregated into components. This study shows that the increase in explanatory power stems primarily from ...