Staff
Emilia Vähämaa
Senior Research Fellow at the Federal Deposit Insurance Corporation (FDIC), USA (2022-2023)
Docent at the University of Vaasa
Board member at the Nordic Corporate Governance Network
Board member at Finsif
Member at the Editorial Advisory Board of Managerial Finance
Member of the University Council
In charge of an ongoing research project for the Finnish Government's Analysis, Assessment and Research Activities on women's career development challenges: https://tietokayttoon.fi/-/listayhtioiden-hallitus-ja-johtoryhmatehtava…
Selected publications:
Ahmed, S., Ranta, M., Vähämaa, E. & Vähämaa, S. (2022). Facial attractiveness and CEO compensation: Evidence from the banking industry. Journal of Economics and Business, forthcoming.
Baselga-Pascual, L. & Vähämaa, E. (2021). Female leadership and bank performance in Latin America. Emerging Markets Review, Vol. 48.
Palvia, A., Vähämaa, E. & Vähämaa, S. (2020). Female leadership and bank risk-taking: Evidence from the effects of real estate shocks on bank lending performance and default risk. Journal of Business Research, Vol. 117, pp. 897-909.
Baselga-Pascual, L., Trujillo-Ponce, A., Vähämaa, E. & Vähämaa, S. (2018). Ethical Reputation of Financial Institutions: Do Board Characteristics Matter? Journal of Business Ethics, Vol. 148, No. 3, pp. 489-510.
Crutchley, C. & Vähämaa, E. (2017). European board structure and director expertise: The impact of quotas. Research in International Business and Finance, Vol. 39, Part A, pp. 486–501.
Vähämaa, E. (2017). Female executives and corporate governance. Managerial Finance, Vol. 43, No. 10, pp. 1056–1072.
Palvia, A., Vähämaa, E. & Vähämaa, S. (2015). Are female CEOs and Chairwomen more conservative and risk averse? Evidence from the banking industry during the financial crisis. Journal of Business Ethics, Vol. 131, No. 3, pp. 577-594.
Peltomäki, J. & Vähämaa, E. (2015). Investor attention to the Eurozone crisis and herding effects in national bank stock indexes. Finance Research Letters, Vol. 14, pp. 111–116.
Peni, E. (2014). CEO and Chairperson characteristics and firm performance. Journal of Management and Governance, Vol. 18, No. 1, pp. 185–205.
Vähämaa, E. (2014). Executive turnover, gender, and earnings management. Accounting Perspectives, Vol. 13 No. 2, pp. 103–122.
Ittonen, K., Vähämaa, E. & Vähämaa, S. (2013). Female auditors and accruals quality. Accounting Horizons, Vol. 27, No. 2, pp. 205–228.
Peni, E., Smith, S. & Vähämaa, S. (2013). Bank corporate governance and real estate lending during the financial crisis. Journal of Real Estate Research, Vol. 35, No. 3, pp. 313–343.
Ittonen, K. & Peni, E. (2012). Auditor’s gender and audit fees. International Journal of Auditing, Vol. 16, No. 1, pp. 1–18 (leading article).
Peni, E. & Vähämaa, S. (2012). Did good governance improve bank performance during the financial crisis? Journal of Financial Services Research, Vol. 41, Nos. 1–2, pp. 19–35.
Peltomäki, J. & Peni, E. (2010). Style rotation and the performance of equity long/short hedge funds. Journal of Derivatives and Hedge Funds, Vol. 16, pp. 162–175.
Peni, E. & Vähämaa, S. (2010). Female executives and earnings management. Managerial Finance, Vol. 35, No. 7, pp. 629–645.
Peltomäki, J. & Peni, E. (2009). Is there momentum in cross-sectional anomalies? Journal of Wealth Management, Vol. 12, No. 3, pp. 78–88.