Short CV

Ødegaard, Bernt Arne

Professor University of Stavanger UiS Business School N-4036 Stavanger, Norway Email: bernt.a.odegaard@uis.no WWW:  https://ba-odegaard.no
[Uncaptioned image]Photographer: Peder Austrud, Mandal

Degrees

  • Ph.D. of Finance, Carnegie Mellon University. 1992.

  • Master of Economics and Business Administration, (Høyere Avdelings Eksamen), Norwegian School of Economics and Business Administration (NHH). 1987.

Experience

  • Professor of Finance, University of Stavanger (UiS), 2008 to date.

  • Adjunct Professor, Copenhagen Business School (CBS), 2016–2017.

  • Evaluated Norges Bank Investment Management (NBIM) (with Magnus Dahlquist). 2017.

  • Adjunct Professor, Norwegian School of Economics (NHH). 2011–2016, 2018. 2021–22.

  • Project responsible for numerous research projects financed by the Norwegian Research Council and the Financial Market Fund, since 1997.

  • Researcher. Central Bank of Norway. 1997–2013.

  • Associate Professor, Finance. Norwegian School of Management BI, Oslo, Norway. 1995 to 2008.

  • Visiting Assistant Professor, Finance. University of British Columbia, Vancouver, Canada. 1994–95.

  • Assistant Professor, Finance. University of Illinois, Chicago. 1992-94.

Articles in Refereed Journals

  • The stock market and corporate consequences of ethical exclusions by the world’s largest fund” (med Erika Berle and Wanwei (Angela) He). Forthcoming in Journal of International Financial Markets, Institutions, and Money. 2025.

  • “Tick Size Wars: The Market Quality Effects of Pricing Grid Competition” (with Sean Foley and Tom Grimstvedt Meling). Review of Finance, vol 27, no 2, pages 659–692, March 2023. doi:10.1093/rof/rfac032

  • “Contagious Margin Calls: How Covid-19 threatened global stock market liquidity,” with Sean Foley, Amy Kwan and Richard Philip. Journal of Financial Markets. Volume 59, Part A, June 2022.
    doi:10.1016/j.finmar.2021.100689

  • “Throttling hyperactive robots - Order to Trade ratios at the Oslo Stock Exchange” (with Kjell Jørgensen and Johannes Skjeltorp). Journal of Financial Markets, vol 37, no 1, Jan 2018, pages 1–16 (lead article).
    doi:10.1016/j.finmar.2017.09.001

  • “When do listed firms pay for market making in their own stock?” (with Johannes Skjeltorp). Financial Management, vol 44, no 2, Summer 2015, pages 241–261. doi:10.1111/fima.12058

  • “Stock Market Liquidity and the Business Cycle.” (with Randi Næs and Johannes Skjeltorp). Journal of Finance, vol LXVI, 2011, no 1, p139–176. doi:10.1111/j.1540-6261.2010.01628.x

  • “The diversification cost of large, concentrated equity stakes. How big is it? Is it justified?” Finance Research Letters, vol 6, 2009, p56–72. doi:10.1016/j.frl.2009.01.003

  • “Price differences between equity classes. Corporate Control, Foreign ownership or Liquidity?” Journal of Banking and Finance, vol 31, 2007, p3621–3645. doi:10.1016/j.jbankfin.2007.01.013

  • “Linear and Nonlinear Exchange Rate Exposure” (with Richard Priestley). Journal of International Money and Finance vol 26, 2007, p1016–1037. doi:10.1016/j.jimonfin.2007.05.001

  • “Equity Trading by Institutional Investors. To Cross or Not to Cross” (with Randi Næs). Journal of Financial Markets, vol 9, no 2, 2006, p79–99. doi:10.1016/j.finmar.2006.01.003

  • “Exchange Rate Regimes and the Price of Exchange Rate Risk” (with Richard Priestley). Economics Letters vol 82, 2004, p181–188. doi:10.1016/j.econlet.2003.08.008

  • “Patterns of corporate ownership: Insights from a unique data set” (with Øyvind Bøhren). Nordic Journal of Political Economy, vol 27, no 1, 2001, p55–86

  • “Are there Tax Effects in the Relative Pricing of US Government Bonds?” (with Richard C. Green). Journal of Finance, vol 52, June, 1997, p609–633. doi:10.1111/j.1540-6261.1997.tb04815.x

Large Collaborative Efforts – Published in refereed journals

Articles in Refereed Journals (in Norwegian)

Book chapters

Books
  • Lectures on Corporate Finance. (with Peter Bossaerts). Textbook, World Scientific Press. 2001. 241 pages. Second edition published in 2006.

[Uncaptioned image]

Research Reports

April 2025