Our research focuses on financial markets, financial institutions, and related areas with the aim to analyse how these markets work.

The main purpose of the group's activities is to do high-quality research aimed at the academic community. At the same time, our subsidiary aim is to provide the financial sector with the latest research results.

Market risks and global information flow

The financial markets are characterised by being open, having free movement of capital with hardly any restrictions, and being transparent with an information flow that moves so fast that all financial markets worldwide have access to the same information simultaneously.

It is imperative that legislators, monetary policy authorities, and financial institutions have access to knowledge about how the different financial markets across the world receive and handle financial information and how they react in relation to one another.

Our main areas of research are:

• Asset Pricing
  - asset pricing, comovement of asset markets, derivatives, financial econometrics, international financial markets, modelling of high-frequency trading data, mortgage-backed securities, mutual funds, risk assessment, term structure of interest rates, and the equity premium
• Corporate Finance
  - capital structure and corporate governance
• Money & Banking
  - financial institutions such as banks and pensions companies, guaranteed rates of interest, micro-structure, pensions schemes, and stock trade

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Danish Doctoral School of Finance

The Finance Research Group is a member of the Danish Doctoral School of Finance which consists of all the universities and business schools in Denmark that conduct finance research.
> read more about our PhD programmes

D-CAF

Some of our researchers are members of the Danish Center for Accounting and Finance (DCAF). The purpose of the D-CAF is to facilitate a major research initiative in Accounting, Finance, and the interface between the two areas of research. It replaces two existing finance networks previously funded by the Danish Social Science Research Council, Mathematical Finance Network and Centre for Analytical Finance, while D-CAF is the first significant Danish research initiative in accounting.

Other research fora

We also participate in research networks such as:

• Education as a Risky Asset
• European Corporate Governance Institute
• SUERF - the European Money and Finance Forum