Details about Mika Vaihekoski

Access statistics for papers by Mika Vaihekoski.

Last updated 2025-03-15. Update your information in the RePEc Author Service.

Short-id: pva226

Working Papers

2014

1. Descriptive analysis of the Finnish stock market: Part II
   Bank of Finland Research Discussion Papers, Bank of Finland

2011

2. Descriptive analysis of Finnish equity, bond and money market returns
   Bank of Finland Research Discussion Papers, Bank of Finland View citations (1)
3. Pricing currency risk in the stock market: Empirical evidence from Finland and Sweden 1970-2009
   Discussion Papers, Aboa Centre for Economics
   See also Journal Article Pricing currency risk in the stock market: Evidence from Finland and Sweden 1970–2009, Journal of International Financial Markets, Institutions and Money, Elsevier (2012) View citations (11) (2012)

2009

4. A new value-weighted total return index for the Finnish stock market
   Bank of Finland Research Discussion Papers, Bank of Finland View citations (1)
   See also Journal Article A new value-weighted total return index for the Finnish stock market, Research in International Business and Finance, Elsevier (2010) View citations (8) (2010)

2008

5. Global and local sources of risk in Eastern European emerging stock markets
   BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (1)
   See also Journal Article Global and Local Sources of Risk in Eastern European Emerging Stock Markets, Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences (2009) View citations (9) (2009)
6. History of finance research and education in Finland: the first thirty years
   Bank of Finland Research Discussion Papers, Bank of Finland
   See also Journal Article History of financial research and education in Finland, The European Journal of Finance, Taylor & Francis Journals (2011) (2011)

2007

7. Time-varying global and local sources of risk in Russian stock market
   MPRA Paper, University Library of Munich, Germany View citations (3)
   See also Journal Article Time-varying global and local sources of market and currency risks in Russian stock market, International Review of Economics & Finance, Elsevier (2010) View citations (13) (2010)

1998

8. Short-term returns and the predictability of Finnish stock returns
   MPRA Paper, University Library of Munich, Germany View citations (2)
   See also Journal Article Short-term returns and the predictability of Finnish stock returns, Finnish Economic Papers, Finnish Economic Association (1998) View citations (2) (1998)

Journal Articles

2025

1. Environmental, Social, and Governance (ESG) and Firm Valuation: The Moderating Role of Audit Quality
   JRFM, 2025, 18, (3), 1-20

2024

2. Are Mondays different? Evidence from initial public offerings
   Global Finance Journal, 2024, 63, (C)
3. Revisiting Stock Market Index for the Helsinki Stock Exchange 1912–1981
   JRFM, 2024, 17, (3), 1-14

2023

4. Countercyclical and time-varying reward to risk and the equity premium
   Research in International Business and Finance, 2023, 66, (C)

2022

5. Helsinki Stock Exchange: trading and listed securities, 1912–1981
   Financial History Review, 2022, 29, (3), 326-341

2019

6. Expected and realized returns in conditional asset pricing models: A new testing approach
   Journal of Empirical Finance, 2019, 52, (C), 220-236 View citations (1)

2014

7. Dividend policy in Nordic listed firms
   Global Finance Journal, 2014, 25, (2), 124-135 View citations (8)
8. Equity premium in Finland and long-term performance of the Finnish equity and money markets
   Cliometrica, Journal of Historical Economics and Econometric History, 2014, 8, (2), 241-269 View citations (7)

2013

9. Determinants of capital budgeting methods and hurdle rates in Nordic firms
   Accounting and Finance, 2013, 53, (1), 85-110 View citations (11)

2012

10. Pricing currency risk in the stock market: Evidence from Finland and Sweden 1970–2009
    Journal of International Financial Markets, Institutions and Money, 2012, 22, (1), 120-136 View citations (11)
    See also Working Paper Pricing currency risk in the stock market: Empirical evidence from Finland and Sweden 1970-2009, Discussion Papers (2011) (2011)
11. Profitability of pairs trading strategy in an illiquid market with multiple share classes
    Journal of International Financial Markets, Institutions and Money, 2012, 22, (5), 1188-1201 View citations (25)

2011

12. History of financial research and education in Finland
    The European Journal of Finance, 2011, 17, (5-6), 339-354
    See also Working Paper History of finance research and education in Finland: the first thirty years, Bank of Finland Research Discussion Papers (2008) (2008)

2010

13. A new value-weighted total return index for the Finnish stock market
    Research in International Business and Finance, 2010, 24, (3), 267-283 View citations (8)
    See also Working Paper A new value-weighted total return index for the Finnish stock market, Bank of Finland Research Discussion Papers (2009) View citations (1) (2009)
14. Time-varying global and local sources of market and currency risks in Russian stock market
    International Review of Economics & Finance, 2010, 19, (4), 686-697 View citations (13)
    See also Working Paper Time-varying global and local sources of risk in Russian stock market, MPRA Paper (2007) View citations (3) (2007)

2009

15. Corporate ownership and managerial short-termism: Results from a Finnish study of management perceptions
    International Journal of Production Economics, 2009, 117, (2), 427-438 View citations (7)
16. Global and Local Sources of Risk in Eastern European Emerging Stock Markets
    Czech Journal of Economics and Finance (Finance a uver), 2009, 59, (1), 2-19 View citations (9)
    See also Working Paper Global and local sources of risk in Eastern European emerging stock markets, BOFIT Discussion Papers (2008) View citations (1) (2008)
17. Pricing of liquidity risk: empirical evidence from Finland
    Applied Financial Economics, 2009, 19, (19), 1547-1557 View citations (7)

2008

18. Corporate Real Estate Sale and Leaseback Effect: Empirical Evidence from Europe
    European Financial Management, 2008, 14, (4), 820-843 View citations (2)
19. Pricing of global and local sources of risk in Russian stock market
    Emerging Markets Review, 2008, 9, (1), 40-56 View citations (24)

2007

20. Global Market and Currency Risk in Finnish Stock Market
    Finnish Economic Papers, 2007, 20, (1), 72-88 View citations (3)
21. International asset pricing models and currency risk: Evidence from Finland 1970-2004
    Journal of Banking & Finance, 2007, 31, (9), 2571-2590 View citations (19)

2004

22. Portfolio Construction for Tests of Asset Pricing Models
    Financial Markets, Institutions & Instruments, 2004, 13, (1), 1-39

2002

23. World capital markets and Finnish stock returns
    The European Journal of Finance, 2002, 8, (3), 322-343 View citations (8)

2001

24. Sources of Capital Market Segmentation: Empirical Evidence from Finland
    The Financial Review, 2001, 36, (2), 139-59 View citations (2)

2000

25. Unconditional international asset pricing models: empirical tests
    Finnish Economic Papers, 2000, 13, (2), 71-88 View citations (1)

1998

26. Short-term returns and the predictability of Finnish stock returns
    Finnish Economic Papers, 1998, 11, (1), 19-36 View citations (2)
    See also Working Paper Short-term returns and the predictability of Finnish stock returns, MPRA Paper (1998) View citations (2) (1998)