Nordic Finance and the Good Society
NEW newsletter
January 2026
Read our latest newsletter! It is filled with valuable insights, key updates, and research highlights.
Upcoming event:
Rule simplification and competitiveness in the financial sector
Europe faces growing challenges to competitiveness, the green transition and financial stability. On 22 September 2026, CBS hosts a high-level conference bringing together EU representatives, regulators, Nordic banks and labour organisations to discuss how regulatory simplification can strengthen competitiveness while safeguarding a robust financial sector.
Lars Ohnemus on the Power of the Nordic Model at DIRK 2026
Ahead of the DIRK Conference on 29 June, Lars Ohnemus contributed an opinion piece to the German financial newspaper Börsen-Zeitung exploring how the Nordic model can strengthen European competitiveness. Drawing on research from the Copenhagen Business School, he argues that innovation, strong capital markets, effective public institutions, export-oriented businesses and long-term ownership structures have underpinned Nordic prosperity and could help shape a more competitive and resilient Europe.
Bringing research to life: NFGS enters podcast collaboration with Rig på Viden
The Nordic Finance and the Good Society (NFGS) project is collaborating with the Danish podcast Rig på Viden to bring academic research closer to a wider audience.
The partnership will make research on finance and its role in society more accessible through a series of engaging podcast episodes, helping to bridge the gap between academic research and public understanding.
For NFGS, the collaboration offers a valuable opportunity to extend the reach and impact of its research, engaging not only academic peers but also practitioners, students and the wider public.
Listen to the episode with Lars Ohnemus here. The episode is in Danish.
New Award-winning research:
The impact of ownership competence on transaction costs of listed firms: The case of private equity ownership in emerging markets
The paper received the Best Paper Award at the 51st European International Business Conference. The study by Trond Randøy, Bruce Hearn, Collins Ntim, Ven Tauringana, John Malagila and Lars Oxelheim examines how private equity ownership affects transaction costs in emerging markets. Using data from eight Caribbean stock exchanges, the findings show higher transaction costs associated with private equity ownership, highlighting the importance of governance and institutional context.
Read more in the latest newsletter.
THE PROJECT
Nordic Finance and the Good Society is a research project commenced in 2014, conducted by Center for Corporate Governance together with key stakeholders. The project proposes a fresh and new look at the Nordic financial sector with a view on finding a way towards growth and value creation. The project focuses on business strategies and governance but will also address policy and regulation issues.
Through several research articles and concluding reports, the project aims to find new Nordic strategic profiles for the financial sectors, which can be a road to growth.
The research project is divided in different phases, so far NFGS I, NFGS II and NFGS III, which is the newest phase that commenced in November 2023.
Click through the different phases to see the key objectives and research areas among other things.
ACCESS TO LEADING RESEARCH WITHIN THE NORDIC FINANCIAL SECTOR
The project takes an open and multi-disciplinary approach, and the goal of the project is to provide professionals and the general public access to leading research within the Danish and Nordic financial sector. Ultimately, Nordic finance needs to establish a new competitive platform or risk marginalization in the EU.
THE AIM OF THE PROJECT
Nordic Finance and the Good Society aims to contribute to future strategy and business policy discussions in the Danish and the Nordic context. The wish is to provide new knowledge on corporate governance and financial strategy, which can contribute in creating opportunities of developing new courses, containing both fields.