Matti Keloharju

  • Ekonominaukio 1, 02150 Espoo

1993 …2019

Research output per year

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Research Output

  • 32 Article
  • 18 Working paper
  • 3 Conference contribution
2019

Initial Offer Precision and M&A Outcomes

Hukkanen, P. & Keloharju, M., 2019, In : Financial Management. 48, 1, p. 291-310

Research output: Contribution to journalArticleScientificpeer-review

2 Citations (Scopus)
2018

Are CEOs Born Leaders? Lessons from a Million Individuals

Adams, R., Keloharju, M. & Knüpfer, S., 2018, In : Journal of Financial Economics. 130, 2, p. 392-408

Research output: Contribution to journalArticleScientificpeer-review

Open Access
3 Citations (Scopus)
2017

Year-end purchases in Finnish Municipalities

Keloharju, M., 2017, In : Nordic Journal of Business. 66, 1, p. 49-67

Research output: Contribution to journalArticleScientificpeer-review

2016

Equal Opportunity? Gender Gaps in CEO Appointments and Executive Pay

Keloharju, M., Knüpfer, S. & Tåg, J., 2016, Harvard Business School, 48 p. (Working Paper; no. 16-092).

Research output: Working paperProfessional

IQ and mutual fund choice

Grinblatt, M., Ikäheimo, S., Keloharju, M. & Knüpfer, S., 1 Apr 2016, In : Management Science. 62, 4, p. 924-944 21 p.

Research output: Contribution to journalArticleScientificpeer-review

19 Citations (Scopus)

Return Seasonalities

Keloharju, M., Linnainmaa, J. T. & Nyberg, P., 1 Aug 2016, In : Journal of Finance. 71, 4, p. 1557-1590 34 p.

Research output: Contribution to journalArticleScientificpeer-review

40 Citations (Scopus)
2015

Are CEOs Born Leaders? Lessons from Traits of a Million Individuals

Adams, R., Keloharju, M. & Knüpfer, S., 2015, Harvard Business School, 60 p. (Working Paper; no. 16-044).

Research output: Working paperProfessional

Initial Offer Precision and M&A Outcomes

Hukkanen, P. & Keloharju, M., 2015, Harvard Business School, 35 p. (Working Paper; no. 16-058).

Research output: Working paperProfessional

Shareownership in Finland 2015

Keloharju, M. & Lehtinen, A., 2015, In : Nordic Journal of Business. 64, 3, p. 182-206

Research output: Contribution to journalArticleScientificpeer-review

2014

Match made at birth?What traits of a million Swedes tell us about CEOs

Adams, R., Keloharju, M. & Knüpfer, S., 2014, Stockholm, p. 54.

Research output: Working paperProfessional

2012

Do investors buy what they know?Product market choices and investment decisions

Keloharju, M., Knüpfer, S. & Linnainmaa, J., 2012, In : Review of Financial Studies. 25, 10, p. 2921-2958

Research output: Contribution to journalArticleScientificpeer-review

32 Citations (Scopus)

IQ, trading behavior, and performance

Grinblatt, M., Keloharju, M. & Linnainmaa, J. T., 2012, In : Journal of Financial Economics. 104, 2, p. 339-362

Research output: Contribution to journalArticleScientificpeer-review

99 Citations (Scopus)

Mutual fund and share ownership in Finland

Keloharju, M., Knüpfer, S. & Rantapuska, E., 2012, In : Liiketaloudellinen aikakauskirja. 61, 2, p. 178-198

Research output: Contribution to journalArticleScientificpeer-review

2011

IQ and stock market participation

Grinblatt, M., Keloharju, M. & Linnainmaa, J., 2011, In : Journal of Finance. 66, 6, p. 2121-2164

Research output: Contribution to journalArticleScientificpeer-review

150 Citations (Scopus)
2010

Do Smart Investors Outperform Dumb Investors?

Grinblatt, M., Keloharju, M. & Linnainmaa, J. T., 2010, Chicago, p. 54.

Research output: Working paperProfessional

From Customers to Shareholders: The Effect of Product Market Choices on Investment Decisions

Keloharju, M., Knupfer, S. & Linnainmaa, J. T., 2010, Chicago, p. 47.

Research output: Working paperProfessional

2009

Sensation Seeking, Overconfidence, and Trading Activity

Grinblatt, M. & Keloharju, M., 2009, In : Journal of Finance. 64, 2, p. 549-578

Research output: Contribution to journalArticleScientificpeer-review

231 Citations (Scopus)
2008

Do Retail Incentives Work in Privatizations?

Keloharju, M., Knüpfer, S. & Torstila, S., 2008, In : Review of Financial Studies. 21, 5, p. 2061-2095

Research output: Contribution to journalArticleScientificpeer-review

18 Citations (Scopus)

Social Influence and Consumption: Evidence from the Automobile Purchases of Neighbors

Grinblatt, M., Keloharju, M. & Ikäheimo, S., 2008, In : REVIEW OF ECONOMICS AND STATISTICS. 90, 4, p. 735-753

Research output: Contribution to journalArticleScientificpeer-review

What's New in Finance?

Keloharju, M., 2008, In : European Financial Management. 14, 3, p. 564-608

Research output: Contribution to journalArticleScientificpeer-review

20 Citations (Scopus)
2007

Are Mutual Fund Fees Competitive?What IQ-Related Behavior Tells Us

Grinblatt, M., Ikäheimo, S. & Keloharju, M., 2007, Research seminar, USA.

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

2005

Do Retail Incentives Work in Privatizations?

Keloharju, M., Knüpfer, S. & Torstila, S., 2005, Western Finance Association Meetings, Portland, USA, 18-21 June, 2005.

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

18 Citations (Scopus)

Strategic Behavior and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions

Keloharju, M., Nyborg, K. G. & Rydqvist, K., 2005, In : Journal of Finance. 60, 4, p. 1865-1902

Research output: Contribution to journalArticleScientificpeer-review

29 Citations (Scopus)
2004

Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors

Grinblatt, M., Keloharju, M. & Ikäheimo, S., 2004, p. 40, (NBER Working Paper; no. 10226).

Research output: Working paperProfessional

Retail Incentives in Privatizations: Anti-Flipping Devices or Money Left on the Table?

Keloharju, M., Knüpfer, S. & Torstila, S., 2004, Helsinki, (HSE Working papers; no. W-365).

Research output: Working paperProfessional

Tax-Loss Trading and Wash Sales

Grinblatt, M. & Keloharju, M., 2004, In : Journal of Financial Economics. 71, p. 51-76

Research output: Contribution to journalArticleScientificpeer-review

36 Citations (Scopus)
2002

A Descriptive Analysis of the Finnish Treasury Bond Market 1991-1999

Keloharju, M., Malkamäki, M., Nyborg, K. G. & Rydqvist, K., 2002, In : Liiketaloudellinen aikakauskirja. 51, 3, p. 259-279

Research output: Contribution to journalArticleScientificpeer-review

The Distribution of Information among Institutional and Retail Investors in IPOs

Keloharju, M. & Torstila, S., 2002, In : European Financial Management. 8, 3, p. 357-372

Research output: Contribution to journalArticleScientificpeer-review

2001

How Distance, Language, and Culture Influece Shareholdings and Trades

Grinblatt, M. & Keloharju, M., 2001, In : Journal of Finance. 56, p. 1053-1073

Research output: Contribution to journalArticleScientificpeer-review

Shareownership in Finland 2000

Karhunen, J. & Keloharju, M., 2001, In : Liiketaloudellinen aikakauskirja. 50

Research output: Contribution to journalArticleScientificpeer-review

What Makes Investors Trade?

Grinblatt, M. & Keloharju, M., 2001, In : Journal of Finance. 56, p. 589-616

Research output: Contribution to journalArticleScientificpeer-review

Why do firms raise foreign currency denominated debt?Evidence from Finland

Keloharju, M. & Niskanen, M., 2001, In : European Financial Management. 7, p. 481-496

Research output: Contribution to journalArticleScientificpeer-review

2000

Earnings Cosmetics in a Tax-driven Accounting Environment

Niskanen, J. & Keloharju, M., 2000, In : European Accounting Review. 9, 9, p. 443-452

Research output: Contribution to journalArticleScientificpeer-review

Earnings Management and Expected Dividend Increases Around Seasoned Stock Issues: Evidence from Finland

Kinnunen, J., Keloharju, M., Kasanen, E. & Niskanen, J., 2000, In : Scandinavian Journal of Management. 16, p. 209-228

Research output: Contribution to journalArticleScientificpeer-review

7 Citations (Scopus)

The investment behavior and performance of various investor types

Grinblatt, M. & Keloharju, M., 2000, In : Journal of Financial Economics. 55, p. 43-67

Research output: Contribution to journalArticleScientificpeer-review

1999

Home Bias, Language Bias, and Investor Sophistication

Grinblatt, M. & Keloharju, M., 1999, (University of California at Los Angeles Working Paper).

Research output: Working paperProfessional

Shareownership in Finland

Ilmanen, M. & Keloharju, M., 1999, In : Liiketaloudellinen aikakauskirja. 48, 3, p. 257-285

Research output: Contribution to journalArticleScientificpeer-review

What makes Investors Trade?

Grinblatt, M. & Keloharju, M., 1999, (University of California at Los Angeles working paper).

Research output: Working paperProfessional

1997

Shareownership in Finland

Ilmanen, M. & Keloharju, M., 1997, Helsinki, (HSEBA Working papers; no. W-180).

Research output: Working paperProfessional

Why do Firms Raise Foreign Currency Denominated Debt?

Keloharju, M. & Niskanen, M., 1997, Helsinki, (HSEBA Working papers; no. W-177).

Research output: Working paperProfessional

1996

Market-to-book Ratios, Equity Retention, and Management Ownership in Finnish Initial Public Offerings

Keloharju, M. & Kulp, K., 1996, Helsinki, (HSEBA Working papers; no. W-145).

Research output: Working paperProfessional

Market-to-book Ratios, Equity Retention and Management Ownership in Finnish Initial Public Offerings

Keloharju, M. & Kulp, K., 1996, In : JOURNAL OF BANKING AND FINANCE. 20, 9

Research output: Contribution to journalArticleScientificpeer-review

The Anatomy of Finnish IPO Investors

Keloharju, M., 1996, Helsinki, (HSEBA Working papers; no. W-151).

Research output: Working paperProfessional

1995

Suomalaisyritysten investointilaskelmat ja suunnitteluhorisontti

Keloharju, M. & Puttonen, V., 1995, In : Liiketaloudellinen aikakauskirja.

Research output: Contribution to journalArticleScientificpeer-review

The ex-dividend day behaviour of Finnish restricted and unrestricted shares

Hietala, P. & Keloharju, M., 1995, In : APPLIED ECONOMICS LETTERS. 2

Research output: Contribution to journalArticleScientificpeer-review

6 Citations (Scopus)
1994

Dividend Increases and Reported Excess Earnings Around Seasoned Stock Issues

Kinnunen, J., Keloharju, M., Kasanen, E. & Niskanen, J., 1994, Helsinki, (HSEBA Working papers; no. W-99).

Research output: Working paperProfessional

Suomalaisten yritysten tilinpäätöskosmetiikkaa

Keloharju, M. & Niskanen, J., 1994, In : Tilintarkastus. 38, 1

Research output: Contribution to journalArticleProfessional

1993

Initial IPO returns and the characteristics of post-IPO financing in Finland

Keloharju, M., 1993, European Financial Association, Copenhagen, Denmark.

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

Listautumisanneista

Keloharju, M., 1993, In : Liiketaloudellinen aikakauskirja.

Research output: Contribution to journalArticleScientificpeer-review