Email
ninstef@essex.ac.ukTelephone
+44 (0) 1206 874160
Location
EBS.3.24, Colchester Campus
Academic support hours
You can find details of Academic Support hours on the EBS UG and PG information page on Moodle or by calling EBS Student Services on 01206873911
Qualifications
Sivilokonom, Sivilokonom HAE; (Norwegian School of Economics)
PhD (London Business School)
Current teaching responsibilities
Corporate Finance (BE311)
Corporate Finance (BE350)
EBS Integrated Programmes: Dissertation (BE983)
Student Success Tutorial (BE917)
Previous supervision
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 31/3/2025
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 2/2/2021
Degree subject: Accounting and Finance
Degree type: Doctor of Philosophy
Awarded date: 8/4/2020
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 12/10/2016
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 16/12/2015
Journal articles (22)
Instefjord, N. and Kenc, T., Implementing Real Options Valuation under Macroeconomic Risk and Normally Distributed Cash Flows. International Econometric Review. 16 (1), 50-67
Instefjord, N. and Nakata, H., (2023). Micro-Prudential Regulation and Loan Monitoring. Journal of Financial Services Research. 63 (3), 339-362
Shen, Z., Li, H., Instefjord, N. and Liu, X., (2023). Audit committee equity incentives and stock price crash risk. Review of Quantitative Finance and Accounting. 62 (3), 1145-1190
Duong, KT., Banti, C. and Instefjord, N., (2021). Managerial conservatism and corporate policies. Journal of Corporate Finance. 68, 101973-101973
Instefjord, N. and Frantz, P., (2019). Debt Overhang and Non-Distressed Debt Restructuring. Journal of Financial Intermediation. 37, 75-88
Instefjord, N. and Frantz, P., (2018). Regulatory Competition and Rules/Principles Based Regulation. Journal of Business Finance and Accounting. 45 (7-8), 818-838
Instefjord, N., Nawosah, V. and Yang, P., (2016). A contingent claims analysis of optimal investment subsidy. Journal of Economic Dynamics and Control. 73 (C), 354-372
Shen, Z., Coakley, J. and Instefjord, N., (2014). Earnings management and IPO anomalies in China. Review of Quantitative Finance and Accounting. 42 (1), 69-93
Frantz, P., Instefjord, N. and Walker, M., (2013). Executive Compensation: A Model of Disclosure Choice. Journal of Business Finance & Accounting. 40 (9-10), 1184-1220
Shen, Z., Coakley, J. and Instefjord, N., (2013). Investor participation and underpricing in lottery-allocated Chinese IPOs. Pacific-Basin Finance Journal. 25 (C), 294-314
Frantz, P. and Instefjord, N., (2013). Corporate Governance and the Cost of Borrowing. Journal of Business Finance & Accounting. 40 (7-8), 918-948
Frantz, P. and Instefjord, N., (2009). Large shareholders and corporate governance. Economics of Governance. 10 (4), 297-321
Instefjord, N. and Sasaki, K., (2008). Informational leverage: the problem of noise traders. Annals of Finance. 4 (4), 455-480
Frantz, P. and Instefjord, N., (2007). Socially and privately optimal shareholder activism. Journal of Management & Governance. 11 (1), 23-43
Instefjord, N. and Sasaki, K., (2007). Proprietary trading losses in banks: do banks invest sufficiently in control?. Annals of Finance. 3 (3), 329-350
Instefjord, N., (2006). Forecasting risk, informed speculation, and financial innovation. Journal of Financial Intermediation. 15 (1), 67-85
Frantz, P. and Instefjord, N., (2006). Voluntary Disclosure of Information in a Setting in which Endowment of Information has Productive Value. Journal of Business Finance & Accounting. 33 (5-6), 793-815
Instefjord, N., (2005). Risk and hedging: Do credit derivatives increase bank risk?. Journal of Banking & Finance. 29 (2), 333-345
Instefjord, N., (1999). The Market for Corporate Control and the Agency Paradigm. Review of Finance. 3 (1), 1-22
Instefjord, N., (1999). A simple model of market liquidity. Economics Letters. 64 (3), 329-337
Instefjord, N., Jackson, P. and Perraudin, W., (1998). Securities fraud. Economic Policy. 13 (27), 585-623
Instefjord, N., (1998). Financial Innovation and Delegation of Control.. The Economic Journal. 108 (451)
Scholarly Editions (3)
Instefjord, N., Market Transparency, Immediacy and Financial Intermediation
Instefjord, N., Information, Liquidity and Capital Structure
Instefjord, N., (1998). Financial Innovation and Delegation of Control
Academic support hours:
You can find details of Academic Support hours on the EBS UG and PG information page on Moodle or by calling EBS Student Services on 01206873911
