Thomas Lindner

Professor of International Management

Category: Research

New website for nonstandard errors project

The coordinators of the nonstandard errors project, which came out earlier this year in the Journal of Finance (the full paper is here: https://doi.org/10.1111/jofi.13337), have produced a short video explaining the main findings. The video is part of a website providing access to data and other materials that we used in the research project: https://nonstandarderrors.com/.

New paper documents non-standard errors

When researchers analyze data for hypothesis testing, they make many small decisions on how to handle data and how to run analysis. Variation in these small decisions adds up to considerable differences across findings. In our new paper in Journal of Finance (https://doi.org/10.1111/jofi.13337), we show how this comes about and discuss what it means for

New paper on populism in international business

Together with Chris Hartwell, Barclay James, Jakob Müllner, and Paul Vaaler I have edited a special issue in the Journal of International Business Policy. The issue has been published online, and our editorial piece is now available: https://link.springer.com/article/10.1057/s42214-023-00181-0.

New paper on responsible shareholders

Journal of Management Studies has just published my most recent paper with Arjen Slangen, Aleksi Eerola, and Riccardo Valboni: https://doi.org/10.1111/joms.13012. This is a short summary of the paper: Is socially-responsible shareholders’ sense of responsibility universal? One might think so, but this is actually not the case, according to this new study of firms’ decisions on

Mein erster Beitrag für Jurist:innen

Juristische Texte waren bisher nicht meine Lieblingslektüre. Selbst einen zu schreiben war auch nicht ganz oben auf meiner Wish-List. Mit der HIlfe von Christian Richter-Schöller und Andreas Zahradnik habe ich meine Meinung geändert, und es war eine Freude, einen Beitrag zur Bedeutung von nachhaltiger Finanzierung im Kapitalmarkt zu schreiben. Ohne meinen versierten Juristenkollegen und Koautoren

Cross-national distance data

We provide the data on information distance from our recent paper ‘Information distance: Conceptual development and empirical tests of a novel measure of cross-national distance’ on cross-national distance here. We have computed information distance scores for many country pairs and years (more than 10,000 annual distances from 2008 to 2022), and provide them in the

New paper in GSJ

Jakob Müllner, Harald Puhr, and I have just published (available in early view) a paper in the Global Strategy Journal, explaining under which circumstances announced M&A transactions are cancelled. We highlight the role of ownership concentration and capital market characteristics in the empirical design. The paper is available here: http://doi.org/10.1002/gsj.1494.

New SI available in MBR

Together with Jakob Müllner and Igor Filatotchev, I have edited a special issue in Multinational Business Review. The SI deals with interdisciplinary work bridging International Business and Finance. The SI is now online (available here: https://www.emerald.com/insight/publication/issn/1525-383X/vol/31/iss/3), and it features our introductory editorial piece (available here: https://doi.org/10.1108/MBR-06-2023-0094).

Research report on non-standard errors

Together with Simon Hartmann, and a group of 100+ co-author teams, I have contributed to a research report indicating that the approach researchers take to testing hypotheses makes a big difference in terms of findings in quantitative empirical research. The research report is now forthcoming in the Journal of Finance. The last working paper version

New paper on asymmetric risk preferences and corporate capital structure

In our new paper (co-authored with Jonas Puck and Giulia Stocco), we connect prospect theory and the static trade-off theory of capital structure, using international variation in asymmetric risk preferences. The paper is available online-first here: https://doi.org/10.1016/j.ibusrev.2022.102067.