Clas Wihlborg

Chapman University

Professor

333 N. Glassell

Orange, CA 92866

United States

University West

Visiting Professor

Trollhättan, 46186

Sweden

SCHOLARLY PAPERS

39

DOWNLOADS
Rank 5,315

SSRN RANKINGS

Top 5,315

in Total Papers Downloads

7,825

CITATIONS
Rank 10,127

SSRN RANKINGS

Top 10,127

in Total Papers Citations

77

Scholarly Papers (39)

1.

The Euro Crisis: It Isn't Just Fiscal and it Doesn't Just Involve Greece

Claremont McKenna College Robert Day School of Economics and Finance Research Paper No. 2011-03
Number of pages: 37 Posted: 26 Mar 2011
Clas Wihlborg, Thomas D. Willett and Nan Zhang
Chapman University, Independent and Claremont Colleges - Claremont Graduate University
Downloads 2,958 (3,686)
Citation 3

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financial crisis, Euro currency, international debt

2.

Financial Liberalization and Banking Crises: A Cross-Country Analysis

Number of pages: 40 Posted: 23 Nov 2008 Last Revised: 10 Dec 2012
University of Illinois at Springfield, Claremont Colleges - Claremont Graduate University and Chapman University
Downloads 613 (42,328)

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Banking Crisis, Financial Liberalization, Capital Regulation and Supervision

3.

Too Big to Fail and Too Big to Save: Dilemmas for Banking Reform

Number of pages: 95 Posted: 19 Dec 2015
James R. Barth and Clas Wihlborg
Auburn University and Chapman University
Downloads 543 (49,526)

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financial crises, too big to fail, systemically important banks, Dodd-Frank Act, Financial Stability Board, regulation and supervision

Corporate Distress and Restructuring with Macroeconomic Fluctuations: The Cases of GM and Ford

Journal of Applied Finance, 2012, IFN Working Paper No. 780
Number of pages: 37 Posted: 11 Dec 2008 Last Revised: 27 Jan 2013
Lars Oxelheim and Clas Wihlborg
Research Institute of Industrial Economics (IFN) and Chapman University
Downloads 280 (107,279)

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credit risk, creditworthiness, Z-scores, default predictions, GM, Ford, restructuring

Corporate Distress and Restructuring with Macroeconomic Fluctuations: The Cases of GM and Ford

Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 22, No. 1, 2012
Number of pages: 18 Posted: 17 Nov 2015
Lars Oxelheim and Clas Wihlborg
Research Institute of Industrial Economics (IFN) and Chapman University
Downloads 35 (452,593)

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Corporate Distress and Restructuring with Macroeconomic Fluctuations: The Cases of GM and Ford

Journal of Applied Finance, Spring/Summer 2012, Volume 22, Issue 1, pp. 70-87
Posted: 29 Jul 2012
Lars Oxelheim and Clas Wihlborg
Research Institute of Industrial Economics (IFN) and Chapman University

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Credit risk, distressed securities, macroeconomic factors, default, GM, Ford

5.

Recognizing Macroeconomic Fluctuations in Value Based Management

Journal of Applied Corporate Finance, Vol. 15, No. 4, 2003, Research Institute of Industrial Economics Working Paper No. 574
Number of pages: 22 Posted: 30 Aug 2007
Lars Oxelheim and Clas Wihlborg
Research Institute of Industrial Economics (IFN) and Chapman University
Downloads 315 (94,923)

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Value Based Management (VBM) , Shareholder Value Analysis (SVA), Economic Value Added (EVA), Performance Measurement, Macroeconomic Fluctuations, Bonus System

6.

Deposit Insurance Coverage, Ownership, and Banks' Risk-Taking in Emerging Markets

Journal of International Money and Finance, Vol. 29, No. 2, pp. 201-386, March 2010
Number of pages: 45 Posted: 16 Jun 2008 Last Revised: 17 Feb 2010
Apanard Penny Prabha and Clas Wihlborg
University of Illinois at Springfield and Chapman University
Downloads 297 (101,221)

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Deposit Insurance, Non-performing Loans, Market Discipline, Bank Ownership, Bank Governance

7.

The Impact of Bankruptcy Rules on Risky Project Choice and Skill Formation Under Credit Rationing

EFA 2002 Berlin Meetings Presented Paper; CBS Department of Finance Working Paper No. 2001-5
Number of pages: 33 Posted: 11 May 2002
Shubhashis Gangopadhyay and Clas Wihlborg
India Development Foundation and Chapman University
Downloads 263 (115,209)

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Bankruptcy rules, credit rationing, project choice

8.

Deposit Insurance, Risk-Taking and Banking Crises: Is there a Risk-Minimizing Level of Deposit Insurance Coverage?

Number of pages: 49 Posted: 05 Nov 2008
Apanard Penny Prabha and Clas Wihlborg
University of Illinois at Springfield and Chapman University
Downloads 258 (117,510)

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Deposit Insurance, Risk-taking, Risk-shifting, Market Discipline, Banking Crises

9.

The Dodd-Frank Act: Key Features, Implementation Progress, and Financial System Impact

Number of pages: 44 Posted: 02 Sep 2014
Auburn University, University of Illinois at Springfield and Chapman University
Downloads 256 (118,993)
Citation 4

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Dodd-Frank, Financial Crisis, Financial Stability, Financial Regulation

10.

Origins and Resolution of Financial Crises; Lessons from the Current and Northern European Crises

Asian Economic Papers, Vol. 8, No. 3, pp. 178-220, Fall 2009, IFN Working Paper No. 796
Number of pages: 43 Posted: 21 May 2009 Last Revised: 06 Aug 2011
Finn Ostrup, Lars Oxelheim and Clas Wihlborg
Copenhagen Business School, Research Institute of Industrial Economics (IFN) and Chapman University
Downloads 250 (121,382)

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financial crisis, institutional failure, insolvency procedures, contagion, systemic effects, macroeconomic shock, financial crisis management, Swedish model

11.

Executive Compensation and Macroeconomic Fluctuations

MARKETS AND COMPENSATION FOR EXECUTIVES IN EUROPE, Oxelheim, L. and C. Wihlborg, eds., Bingley: Emerald Publishing, 2008, IFN Working Paper No. 746
Number of pages: 37 Posted: 22 Apr 2008 Last Revised: 06 Jan 2009
Lars Oxelheim, Clas Wihlborg and Jianhua Zhang
Research Institute of Industrial Economics (IFN), Chapman University and Göteborg University - School of Business, Economics and Law
Downloads 185 (162,039)
Citation 4

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Executive Compensation, Macroeconomic Factors, Cash Compensation

12.

How to Avoid Compensating CEO for Luck: The Case of Macroeconomic Fluctuations

Thomas, R and J. Hill (eds.), Research Handbook on Executive Pay. London: Edgar Elgar Publishing, Forthcoming, IFN Working Paper No. 842
Number of pages: 38 Posted: 24 Jun 2010 Last Revised: 28 Jan 2013
Lars Oxelheim, Clas Wihlborg and Jianhua Zhang
Research Institute of Industrial Economics (IFN), Chapman University and Göteborg University - School of Business, Economics and Law
Downloads 173 (172,049)
Citation 1

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Executive compensation, luck, salary, bonus, option, pension, macroeconomic uncertainty, macroeconomic factor

13.

International Comparisons of Bank Regulation, Liberalization, and Banking Crises

Journal of Financial Economic Policy, Forthcoming
Number of pages: 26 Posted: 02 Aug 2011 Last Revised: 10 Dec 2012
Department of Economics Ithaca College, University of Illinois at Springfield and Chapman University
Downloads 164 (180,176)

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banking crisis definition, domestic and external financial liberalization, credit growth, measures of bank regulation

14.

Corporate Insolvency Procedures and Bank Behavior: A Study of Selected Asian Economies

IMF Working Paper No. 99/135
Number of pages: 46 Posted: 13 Feb 2006
Qaizar Hussain and Clas Wihlborg
International Monetary Fund (IMF) and Chapman University
Downloads 151 (193,230)

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Insolvency procedures, Bankruptcy, Capital structure, Shareholder concentration, Firm performance, Asian crisis

15.

Financial Synergies and the Organization of Bank Affiliates: A Theoretical Perspective on Risk and Efficiency

ICER Working Paper No. 6/2013
Number of pages: 51 Posted: 15 May 2013 Last Revised: 20 Jan 2015
Elisa Luciano and Clas Wihlborg
Collegio Carlo Alberto and Chapman University
Downloads 141 (204,235)
Citation 5

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bank organization, bank risk, financial synergies, endogenous leverage in banking, default costs, bailouts

16.

What Makes High Credit Growth Harmful? Evidence from Banking Crises

Number of pages: 43 Posted: 09 Dec 2012
Department of Economics Ithaca College, University of Illinois at Springfield and Chapman University
Downloads 135 (211,618)
Citation 2

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Banking Crises, Credit Growth, Leverage, Financial Liberalization, Capital Regulation and Supervision

17.

The CFO’s Information Challenge in Managing Macroeconomic Risk

IFN Working Paper No. 847
Number of pages: 25 Posted: 24 Aug 2010 Last Revised: 28 Jan 2013
Lars Oxelheim, Clas Wihlborg and Marcus Thorsheim
Research Institute of Industrial Economics (IFN), Chapman University and Lund University - Lund Institute of Economic Research
Downloads 129 (219,312)

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Risk Management Strategy, Macroeconomic Risk, Integrated Risk Management, Chief Financial Officer, Information Needs, Corporate Strategy, Financial Risk, Real Options

18.

Market Discipline for Financial Institutions and Markets for Information

Number of pages: 52 Posted: 16 Jul 2011
University of Illinois at Springfield, Chapman University and Independent
Downloads 108 (249,875)

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Too Big to Fail: Measures, Remedies, and Consequences for Efficiency and Stability

Number of pages: 75 Posted: 21 Sep 2016
James R. Barth and Clas Wihlborg
Auburn University and Chapman University
Downloads 104 (258,070)

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Too Big to Fail: Measures, Remedies, and Consequences for Efficiency and Stability

Financial Markets, Institutions & Instruments, Vol. 26, Issue 4, pp. 175-245, 2017
Number of pages: 71 Posted: 16 Oct 2017
James R. Barth and Clas Wihlborg
Auburn University and Chapman University
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banking reform, bank stability, global banking, systemic risk, Too‐big‐to‐fail

20.

Implicit Guarantees, Business Models and Banks’ Risk-Taking Through the Crisis: Global and European Perspectives

Journal of Economics and Business, Forthcoming
Number of pages: 44 Posted: 18 Jan 2014
Apanard Penny Prabha and Clas Wihlborg
University of Illinois at Springfield and Chapman University
Downloads 101 (261,723)

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Implicit Guarantee, Financial Crisis, Globally Systemically Important Banks, Too-Big-To-Fail, Interbank Liabilities, Subordinated Debt, Market Discipline, Regulation and Supervision

21.

Developing Distress Resolution Procedures for Financial Institution

SUERF Studies, Autumn 2012
Number of pages: 55 Posted: 22 May 2012 Last Revised: 18 Jul 2012
Clas Wihlborg
Chapman University
Downloads 81 (301,025)

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Bank insolvency, crisis resolution, contagion

22.

Exchange Rate and Macroeconomic Fluctuations as Sources of Luck in CEO Compensation

Midwest Finance Association 2012 Annual Meetings Paper
Number of pages: 46 Posted: 18 Sep 2011
Chapman University, California State University, Northridge, Research Institute of Industrial Economics (IFN) and Göteborg University - School of Business, Economics and Law
Downloads 57 (363,552)

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CEO Compensation, Exchange Rates, Performance, Macroeconomic Factors, Luck

23.

Asymmetry of CEO Compensation and the Role of Relative and Macroeconomic Shocks in Risk Taking Incentives

Number of pages: 49 Posted: 07 Oct 2015
California State University, Northridge, Research Institute of Industrial Economics (IFN), Chapman University and Göteborg University - School of Business, Economics and Law
Downloads 41 (418,011)

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Macroeconomic Fluctuations, Luck, Performance, CEO Compensation, Asymmetry, Risk Incentives

24.

The Impact of Monetary Regimes on International Trade: Are EU Experiences Relevant for Asia?

Review of Market Integration, Forthcoming
Number of pages: 35 Posted: 04 Dec 2009
Clas Wihlborg and Apanard Penny Prabha
Chapman University and University of Illinois at Springfield
Downloads 35 (442,256)

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Exports, Monetary Regimes, Exchange Rate Regimes, European Monetary Union

25.

The Financial Sector and Corporate Governance: The UK Case

Corporate Governance: An International Review, Vol. 13, No. 4, pp. 532-541, July 2005
Number of pages: 10 Posted: 06 Jul 2005
Chris Mallin, Andy W. Mullineux and Clas Wihlborg
Norwich Business School, University of East Anglia, University of Birmingham and Chapman University
Downloads 34 (446,408)
Citation 1
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26.

Soft Information Production and Investment in Specific Assets

Number of pages: 39 Posted: 18 Nov 2018
India Development Foundation, University of California, Irvine - Accounting Area and Chapman University
Downloads 28 (474,379)

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Soft Information, Information Quality, Investment in Specific Asset, Project Termination, Revoking Debt Contract

27.

The New Basel Capital Accord: Making it Effective with Stronger Market Discipline

European Financial Management, Vol. 8, pp. 103-115, 2002
Number of pages: 13 Posted: 24 Apr 2002
H.A. Benink and Clas Wihlborg
Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) and Chapman University
Downloads 25 (490,292)
Citation 1
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28.

Macroeconomic Fluctuations as Sources of Luck in CEO Compensation

23rd Australasian Finance and Banking Conference 2010 Paper
Number of pages: 29 Posted: 24 Aug 2010 Last Revised: 13 Nov 2013
California State University, Northridge, Research Institute of Industrial Economics (IFN), Chapman University and Göteborg University - School of Business, Economics and Law
Downloads 20 (518,734)

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Macroeconomic, Luck, Performance, CEO Compensation

29.

Basel Ii and the Need for Bank Distress Resolution Procedures

Financial Markets, Institutions & Instruments, Vol. 14, No. 5, pp. 359-369, December 2005
Number of pages: 11 Posted: 03 Jan 2006
Clas Wihlborg
Chapman University
Downloads 20 (518,734)
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30.

Institutional Competition as an Alternative Mechanism for Harmonization in Monetary and Banking Unions

Number of pages: 41 Posted: 22 Nov 2014
sarkis Khoury and Clas Wihlborg
Independent and Chapman University
Downloads 18 (530,411)

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Institutional Competition, Harmonization, Monetary Union, Banking Union

31.

Endogenous OCA Analysis and the Early Euro Experience

World Economy, Vol. 33, No. 7, pp. 851-872, July 2010
Number of pages: 22 Posted: 14 Jul 2010
Thomas D. Willett, Orawan Permpoon and Clas Wihlborg
Independent, affiliation not provided to SSRN and Chapman University
Downloads 4 (617,692)
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32.

Financial Liberalization and Banking Crises: A Cross-Country Analysis

International Review of Finance, Vol. 10, No. 2, pp. 263-292, June 2010
Number of pages: 30 Posted: 04 Jun 2010
University of Illinois at Springfield, Claremont Colleges - Claremont Graduate University and Chapman University
Downloads 3 (625,684)
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33.

Cross-Border Banking in Subsidiaries and Branches; Organization, Supervision and Resolution

ENCYCLOPEDIA OF FINANCIAL GLOBALIZATION, Gerard Caprio, ed., Elsevier, 2012
Posted: 29 Jul 2011
Apanard Penny Prabha and Clas Wihlborg
University of Illinois at Springfield and Chapman University

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34.

Insider Trading with Costly Information Acquisition

Revision of study 1992:11
Posted: 03 Jul 1998
Lars Goren Larsson and Clas Wihlborg
Gothenburg University and Chapman University

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35.

Property Prices, Macroeconomic Policy and Finance in the United States

1994:11
Posted: 26 May 1998
Michael M. Hutchison and Clas Wihlborg
University of California, Santa Cruz - Department of Economics and Chapman University

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36.

Searching the Gains from a Monetary Union

Gothenburg University Working Paper 1996:3
Posted: 14 Apr 1997
Clas Wihlborg
Chapman University

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37.

Preconditions for Liberalization of Capital Flows: A Review and Interpretation

Gothenburg University WP 1996:4
Posted: 10 Apr 1997
Clas Wihlborg and Kalman Dezseri
Chapman University and Institute for World Economics

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38.

Exchange Rate Regimes and International Trade

Gothenburg University WP 1996:2
Posted: 03 Apr 1997
Clas Wihlborg and Reuven Glick
Chapman University and Federal Reserve Bank of San Francisco - Center for Pacific Basin Monetary & Economic Studies

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39.

Capital Account Liberalization and Policy Incentives: An Endogenous Policy View

Gothenburg University WP 1996:5
Posted: 03 Apr 1997
Clas Wihlborg and Thomas D. Willet
Chapman University and Claremont Graduate School

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