Junior position in Finance and Accounting - Aarhus University

Advertiser: Department of Economics and Business Economics, School of Business and Social Sciences, Aarhus University

Field(s) of specialization: Finance - Accounting

Position type(s): Assistant Professor, Postdoctoral Scholar

Location of job: Fuglesangs Allé 4, Aarhus, Midtjylland, 8210, Denmark (map)

Degree required: Doctorate

Job start date: Flexible

Job duration: 5 years

Letters of reference required: 3

Target date for applications: 30 Nov 2020

Application deadline: 15 Jan 2021 (accepting applications)

Posting end date: 15 Jan 2021

Interviews: Interviews will be conducted remotely by video starting December, 2020.

Ad text:

The Department of Economics and Business Economics at Aarhus University invites applications for an assistant professor/ postdoctoral fellow position starting in the fall of 2021.

Research Fields: (i) Financial intermediation, Banking, Corporate Finance, General Finance; (ii) Accounting: Financial accounting and auditing.

The duration of assistant professorships is 3-5 years and different schemes for fixed term and tenure track can be offered. Post doc positions are typically 2-3 years and can be combined with assistant professor positions and thus yielding extra research time. We offer favourable conditions regarding research facilities, data access, time devoted to research, travel support, etc. The remuneration package is competitive at the European level and includes a fixed-term stipend to qualified candidates and substantial publication bonuses funded by the newly established Danish Finance Institute. For non-Danish researchers, a favourable tax-scheme exists.

The Department of Economics and Business Economics has around 160 faculty members covering the fields of Accounting, Finance, Logistics and Operations Research, Economics, Econometrics, Business Analytics and other fields. The department faculty is international and the working language is English. The department hosts several research centers providing an active research environment and the department has several seminar series with ample influx of visiting researchers. The Department of Economics and Business Economics services several undergraduate and master-level programmes. The PhD programme has an annual intake of around 20 students. More information is available at www.econ.au.dk.

Application Procedure: Interviews will be conducted remotely by video starting December, 2020 and candidates may subsequently be invited to give a job talk at Aarhus University. Your application should include cover letter (stating the motivation for the application), CV, publication list, names of 3 referees and your job market paper. We also ask candidates to write in their cover letter whether assistant professor, post-doc or both positions are of interest. Optionally, you may submit additional papers and research and teaching statements. Applicants should have a PhD degree before taking up the position. All candidates must apply online at http://www.econjobmarket.org.

Deadline: The search amongst applicants will start November 30 2020 and will continue until the positions are filled.

Further information: Please address inquiries to Recruitment Officer, Professor Valerie Smeets (Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein!) or Head of Department, Professor Niels Haldrup (Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein!).

Application procedure

To apply for this position, create an Applicant profile.

Submission materials required

• Cover letter
• Curriculum vitae
• Job market paper
• Contact information for references
• Additional paper (optional)
• Additional paper (optional)
• Letters of reference: 3

Call for Abstracts/Papers: Business Financing Beyond Loans, Bonds, and Common Stock, JBE Special Issue

Editors:

Wolfgang Breuer, Professor, School of Business and Economics, RTWH Aachen University
Andreas Pfingsten, Professor, Finance Center Münster, School of Business and Economics, WWU Münster

Aim of the Special Issue:

The Journal of Business Economics has a long-lived tradition of publishing scholarly finance articles in its regular issues. These are occasionally supplemented by special issues on particular topics, most recently venture capital and private equity financing (2018) and digital finance and financial literacy (2017). For the next special issue, we are actively soliciting contributions investigating business financing beyond plain vanilla loans, bonds, and common stock as basic types of debt financing and equity financing, respectively.

While the seminal paper of Modigliani and Miller (1958) solely focused on the issue of optimizing firm capital structure by choosing a suitable leverage ratio, theoretical and empirical work in the field of corporate finance has extended since then to a broad scope of much more elaborated details. For this special issue, we are interested in all such facets highlighting that there is more about company finance than simply choosing an adequate mixture of loans, bonds, and common stock.

For many firms, leasing is an important alternative or complement to bank lending. While there exists quite some research on both instruments separately, it seems less well understood which factors drive the choice between different contract types, in particular from a credit risk perspective. Similarly, liquidity combined with default risk mitigation can be obtained via factoring, but also via securitization, and again the reasons behind the choice deserve further attention.

Typically, firms borrow in home currency, but other currencies are sometimes chosen, e.g. when FX payments are due or as FX hedging. The occurrence of cryptocurrencies, commonly traded on platforms, opens new alternatives. Not being legal tender is just one of their features worth an in-depth analysis. Platform is also an important keyword when it comes to crowdfunding and tokenization. They may serve several purposes and come in different institutional settings.

Some businesses have to comply with special restrictions when optimizing their cost of capital. Banks’ regulatory capital requirements, providing a rationale for contingent convertible bonds, are one case in point, Shariah-compliant bonds of Islamic firms are another.

Summing up, we cordially invite submissions investigating under-researched financial instruments and innovative financial markets. As partially indicated above, topics may include, but are not limited to,

• comparisons between leasing contracts and loan contracts,
• securitization, e.g. as an alternative to factoring,
• scope and limits of cryptocurrency platforms as funding sources,
• opportunities and threats of crowdfunding,
• impact of tokenization on business finance,
• contingent convertible bonds as regulatory bank capital,
• past and future role of Islamic finance,
• ...

Theoretical and empirical papers are both welcome. Analyses incorporating the impact of Covid-19 on all types of business financing are certainly appropriate.

Papers must be written in English and must not contain any reference to the identity of the authors.

Please submit an extended abstract of about 1,000 words to Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein! by 12/31/2020. The authors of selected abstracts will be invited to submit a full paper by 06/30/2021. They must not have been published previously. Submitted papers will be double-blind peer-reviewed and may be published in a special issue of the Journal of Business Economics at the end of 2022. Author guidelines are available at: http://www.springer.com/11573.

wissenschaftliche/r Mitarbeiterin/Mitarbeiter - Universität Stuttgart

An der Professur für ABWL und Finanzwirtschaft an der Wirtschafts- und Sozialwissenschaftlichen Fakultät der Universität Stuttgart ist zum nächstmöglichen Zeitpunkt die Stelle einer/eines

wissenschaftlichen Mitarbeiterin/Mitarbeiters (75%, TVL 13)

für einen Zeitraum von zunächst 3 Jahren zu besetzen. Die Möglichkeit zur Promotion wird geboten.

Die Forschungsschwerpunkte des Lehrstuhls liegen in den Bereichen der empirischen Kapitalmarktforschung, des Risikomanagements von Banken und Industrieunternehmen sowie in der Analyse von Risikoprämien und Friktionen auf Anleihe-, Aktien- und Optionsmärkten.

Wir erwarten von Ihnen:

• Ein überdurchschnittlich abgeschlossenes wirtschaftswissenschaftliches Studium (z.B. Betriebs- oder Volkswirtschaftslehre, Wirtschaftsingenieurwesen, Wirtschaftsmathematik oder Wirtschaftsinformatik)
• Vertiefte Kenntnisse im Bereich Finanzwirtschaft
• Interesse am quantitativen Arbeiten (z.B. empirische Analyse großer Datenmengen, Entwicklung von Modellen)
• Interesse an den zukünftigen Forschungsschwerpunkten des Lehrstuhls

Wir bieten Ihnen eine vielseitige Tätigkeit in einem dynamischen Team. Sie wirken an Lehrveranstaltungen und bei der Betreuung von Studierenden mit und wir fördern aktiv Ihre Promotion.

Die Universität Stuttgart strebt eine Erhöhung des Anteils von Frauen im wissenschaftlichen Bereich an und fordert Frauen deshalb nachdrücklich zur Bewerbung auf. Bewerbungen von Schwerbehinderten werden bei gleicher Eignung bevorzugt.

Bewerbungen einschließlich der üblichen Dokumente senden Sie bitte bis zum 30. November 2020 an unten stehende Adresse bzw. E-Mail. Für fachliche Fragen können Sie sich gerne an Prof. Dr. Philipp Schuster wenden (Tel.: 0711 685-86001, Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein!).

Universität Stuttgart, Betriebswirtschaftliches Institut, Abt. III/Finanzwirtschaft, Keplerstr. 17, 70174 Stuttgart.

E-Mail: Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein!

Call for Papers: 6th European Retail Investment Conference (ERIC) and Doctoral Consortium

6^th European Retail Investment Conference (ERIC) and Doctoral Consortium

Stuttgart, Germany

Main Conference: May 13-14, 2021

Doctoral Consortium: May 12, 2021

Keynote Speaker: Zacharias Sautner
(Frankfurt School of Finance & Management)

In recent years, technological innovation has changed the market for retail investment products and facilitated competition between new entrants and traditional players. The aftermath of the financial crises has reduced retail investor’s trust in financial institutions and markets. However, the majority of financial market research focuses on institutions and institutional investing, whereas significantly fewer studies examine the role and decisions of retail investors within this changing regulatory and technological environment. A fundamental question arises from the common conjecture that retail investors switch to alternative investments or retract from and no longer participate in financial markets. While practical experience often suggests better investor education to prevent falling participation and increased market complexity, little knowledge has been gained about the effect of financial literacy on (retail) investors’ behavior and their welfare. Furthermore, the impact of technology to support decision-making, participation, and education remains widely unexplored.

TOPICS:
To shed light on these aspects and develop a better understanding of their impact on retail investors, the European Retail Investment Conference (ERIC) invites submissions that investigate financial literacy and education, regulatory issues, investors’ decision-making, the impact of technology on retail investors, market microstructure, and sustainable finance.

BEST PAPER AWARD:
Prizes of 600 EUR (best paper) and 400 EUR (second best paper) will be awarded for the best doctoral student papers.

SUBMISSION:
ERIC will accept completed but unpublished research papers that have not been accepted for publication at the time of submission. Submitted papers will be double-blind reviewed by the program committee. ERIC welcomes Ph.D. students to submit working papers or preliminary drafts of one of their Ph.D. essays to the doctoral consortium. The submission deadline for the main conference and for the doctoral consortium is January 1^st, 2021. Accommodation and registration are free of charge for accepted Ph.D. students. Registration is free of charge for accepted presenters. Acceptance of papers will be announced around February 28^th, 2021. Further information can be found on www.retailinvestmentconference.org.

CONFERENCE CHAIRS:
Hans-Peter Burghof, University of Hohenheim, Germany           
Ryan Riordan, Queen's School of Business, Queen's University, Canada
Christof Weinhardt, Karlsruhe Institute of Technology, Germany

Online Research Seminars in Finance

In this challenging time due to COVID-19, we organize this online research seminar series for the second time to continue the exchange between academics and practitioners and to bring top academic research to a broader public forum. The seminar has been initiated by Peter Limbach (University of Cologne and Centre for Financial Research) and is organized by him as well as Aydin Aslan and Peter Posch (University of Dortmund). We thank Christian Andres and Nic Schaub (WHU), André Betzer (University of Wuppertal), Hendrik Hakenes (University of Bonn), and colleagues from various European and U.S. universities for their support. We are proud to present internationally recognized academic speakers and kindly invite you to join the discussion on Zoom. We also provide a live stream of some seminars on our website. For more information and to subscribe, please visit https://jfs.firrm.de/. If you have any questions, send an email to Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein!.

Upcoming seminars:

October 13 4:00 –5:15 pm CET | Online (Zoom) Morten Bennedsen, INSEAD and University of Copenhagen
Back to the future: The effect of returning family successions on firm performance

October 27 4:00 –5:15 pm CET | Online (Zoom) Andrew Ellul, Kelley School of Business, Indiana University
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November 10 4:00 –5:15 pm CET | Online (Zoom) Andrey Golubov, Rotman School of Management, University of Toronto
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November 24 4:00 –5:15 pm CET | Online (Zoom) Renée Adams, Saïd Business School, University of Oxford
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December 08 4:00 –5:15 pm CET | Online (Zoom) Rawley Heimer, Carroll School of Management, Boston College
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