Håkan Jankensgård

Lund University - Department of Business Administration

Associate Professor

Box 117

SE-221 00 Lund, S-220 07

Sweden

Knut Wicksell Centre for Financial Studies

Box 7080

Lund, SE-220 07

Sweden

SCHOLARLY PAPERS

22

DOWNLOADS
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3,812

SSRN CITATIONS
Rank 30,393

SSRN RANKINGS

Top 30,393

in Total Papers Citations

6

CROSSREF CITATIONS

19

Scholarly Papers (22)

Enterprise Risk Budgeting - Bringing Risk Management into the Financial Planning Process

Journal of Applied Finance, Spring/Summer 2009
Number of pages: 30 Posted: 28 Jun 2009 Last Revised: 01 Jul 2009
Alf Alviniussen and Håkan Jankensgård
Independent and Lund University - Department of Business Administration
Downloads 841 (30,271)
Citation 3

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Enterprise Risk Management, Risk Budgeting, Economic Capital, Risk Measures

2.

Cash-Flow-at-Risk and Debt Capacity

Number of pages: 18 Posted: 21 Nov 2008
Håkan Jankensgård
Lund University - Department of Business Administration
Downloads 721 (37,924)
Citation 3

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Cash-Flow-at-Risk, Risk management, Liquidity, Debt capacity, Shortfall risk

3.

A Theory of Enterprise Risk Management

Number of pages: 29 Posted: 25 Mar 2016 Last Revised: 08 Oct 2018
Håkan Jankensgård
Lund University - Department of Business Administration
Downloads 376 (86,227)
Citation 1

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Enterprise risk management, risk governance, risk aggregation

The Investor-Base Hypothesis of Stock Return Volatility: Empirical Evidence

Number of pages: 36 Posted: 02 Jun 2016
Håkan Jankensgård and Anders Vilhelmsson
Lund University - Department of Business Administration and Lund University - Department of Economics
Downloads 227 (146,791)

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Volatility, ownership, investor base, portfolio concentration

The Investor-Base Hypothesis of Stock Return Volatility: Empirical Evidence

Number of pages: 36 Posted: 28 Apr 2015 Last Revised: 02 Jun 2016
Håkan Jankensgård and Anders Vilhelmsson
Lund University - Department of Business Administration and Lund University - Department of Economics
Downloads 97 (296,259)
Citation 1

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Volatility, ownership, investor base, portfolio concentration

5.

Have You Got the Risk Right? On Risk Appetite, Strategic Planning, and a Truly Holistic Approach to Risk Management

Number of pages: 15 Posted: 16 Mar 2013
Alf Alviniussen and Håkan Jankensgård
Independent and Lund University - Department of Business Administration
Downloads 286 (116,402)
Citation 1

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Enterprise Risk Management, risk budgeting, risk appetite, risk capacity

6.

CEO Age, Risk Incentives, and Hedging Strategy

Number of pages: 45 Posted: 10 May 2014 Last Revised: 13 Dec 2016
Ettore Croci, Alfonso Del Giudice and Håkan Jankensgård
Catholic University of the Sacred Heart of Milan, Catholic University of the Sacred Heart of Milan - Department of Economics and Business Administration and Lund University - Department of Business Administration
Downloads 168 (193,718)
Citation 1

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Vega, executive compensation, hedging, options, CEO age

7.

Corporate Hedging and Collateral Constraints: Evidence from a Difference-in-Difference Approach

Number of pages: 36 Posted: 17 Jun 2017 Last Revised: 10 Jan 2019
Håkan Jankensgård
Lund University - Department of Business Administration
Downloads 125 (246,093)
Citation 1

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Corporate hedging; financial distress, risk management, financial constraints, collateral constraints

8.

Me, Myself and I: CEO Narcissism and Selective Hedging

Number of pages: 33 Posted: 16 Oct 2019
Emanuele Bajo, Håkan Jankensgård and Nicoletta Marinelli
University of Bologna - Department of Economics, Lund University - Department of Business Administration and University of Macerata - Department of Economics and Law
Downloads 123 (249,134)

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Risk management, derivatives, selective hedging, narcissism, upper echelon

9.

Financial Distress, Risk Shifting, and the Use of Options

Number of pages: 37 Posted: 17 Jan 2018 Last Revised: 18 Jan 2018
Håkan Jankensgård and Niclas Andrén
Lund University - Department of Business Administration and Lund University - Department of Business Administration
Downloads 121 (252,253)

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corporate hedging, risk shifting, financial distress, risk management, financial constraints

10.

Why FX Risk Management Is Broken - And What Boards Need to Know to Fix It

IFN Working Paper No. 1078, 2015
Number of pages: 42 Posted: 26 Mar 2015 Last Revised: 25 Aug 2015
Håkan Jankensgård, Alf Alviniussen and Lars Oxelheim
Lund University - Department of Business Administration, Independent and Research Institute of Industrial Economics (IFN)
Downloads 121 (252,253)

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Foreign exchange, risk management, transparency, risk committee

11.

The Risk-Return Tradeoff: A Six-Step Guide to Ending the Curse of Risk Appetite

Number of pages: 26 Posted: 21 May 2018 Last Revised: 04 Dec 2019
Alf Alviniussen and Håkan Jankensgård
Independent and Lund University - Department of Business Administration
Downloads 111 (268,405)

Abstract:

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Enterprise risk management, strategic risk-taking, risk budgeting, risk appetite, risk capacity

12.

Disappearing Investment-Cash Flow Sensitivities: Earnings Have Not Become a Worse Proxy for Cash Flow

Number of pages: 33 Posted: 22 Dec 2016 Last Revised: 16 Jan 2017
Niclas Andrén and Håkan Jankensgård
Lund University - Department of Business Administration and Lund University - Department of Business Administration
Downloads 105 (279,003)

Abstract:

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13.

Derivative Cash Flows and Corporate Investment

Number of pages: 31 Posted: 02 Apr 2018 Last Revised: 08 Oct 2018
Håkan Jankensgård
Lund University - Department of Business Administration
Downloads 96 (296,144)

Abstract:

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Corporate hedging; derivatives; derivative cash flow; corporate investment

14.

The Fundamental Agency Problem: Ownership, Monitoring, and Voluntary Disclosure

Number of pages: 37 Posted: 27 Sep 2015
Håkan Jankensgård
Lund University - Department of Business Administration
Downloads 81 (329,315)

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Voluntary disclosure, ownership, monitoring, agency costs, block holder

15.

Walking the Walk: Selective Hedging and Inside Ownership

Number of pages: 55 Posted: 22 Sep 2015 Last Revised: 13 Dec 2016
Håkan Jankensgård
Lund University - Department of Business Administration
Downloads 68 (363,317)

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Selective hedging, agency costs, corporate governance, inside ownership

16.

A Tide of Cash: Corporate Governance and the Management of Large Cash Windfalls

Number of pages: 44 Posted: 09 Jul 2014
Håkan Jankensgård and Niclas Andrén
Lund University - Department of Business Administration and Lund University - Department of Business Administration
Downloads 64 (374,952)

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17.

Optimal Hedging in Financially Constrained Firms When Asset Markets Are Illiquid

Number of pages: 44 Posted: 19 Oct 2015 Last Revised: 29 Nov 2015
Håkan Jankensgård and Björn Hagströmer
Lund University - Department of Business Administration and Stockholm University - Stockholm Business School
Downloads 42 (452,212)
Citation 2

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Asset illiquidity, financial distress, risk management, hedging, financial constraints

18.

A Tale of Beauties and Beasts: Testing the Optimal Disclosure Hypothesis

Multinational Finance Journal, Vol. 18, No. 1/2, p. 139-167, 2014
Number of pages: 29 Posted: 18 Jun 2015
Håkan Jankensgård
Lund University - Department of Business Administration
Downloads 35 (482,701)

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voluntary disclosure, cost of capital, Tobin’s Q, optimal disclosure

19.

Measuring Corporate Liquidity Risk

Journal of Applied Corporate Finance, Vol. 22, Issue 4, pp. 103-109, 2010
Number of pages: 9 Posted: 03 Jan 2011
Håkan Jankensgård
Lund University - Department of Business Administration
Downloads 4 (676,211)
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The Relationship between Voluntary Disclosure, External Financing and Financial Status

Journal of Business Finance & Accounting, Vol. 42, Issue 7-8, pp. 860-884, 2015
Number of pages: 25 Posted: 22 Oct 2015
Håkan Jankensgård
Lund University - Department of Business Administration
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voluntary disclosure, financial status, external financing, equity issuance, debt overhang

The Relationship between Voluntary Disclosure, External Financing, and Financial Status

Forthcoming in Journal of Business Finance & Accounting
Posted: 23 Apr 2015
Håkan Jankensgård
Lund University - Department of Business Administration

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Voluntary disclosure, financial status, external financing, equity issuance, debt overhang

21.

Does Centralisation of FX Derivative Usage Impact Firm Value?

European Financial Management, Vol. 21, Issue 2, pp. 309-332, 2015
Number of pages: 24 Posted: 13 Mar 2015
Håkan Jankensgård
Lund University - Department of Business Administration
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centralisation, risk management, currency risk, derivative, hedging

22.

Wall of Cash: The Investment-Cash Flow Sensitivity When Capital Becomes Abundant

Journal of Banking and Finance, Forthcoming
Posted: 15 Nov 2014
Niclas Andrén and Håkan Jankensgård
Lund University - Department of Business Administration and Lund University - Department of Business Administration

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Corporate investment, financing constraints, agency costs, investment-cash flow sensitivity