Publications in Refereed Journals

(Click "Conferences & Seminars" to see my on-going research)

J52 Kallunki, Juha-Pekka & Jenni Mikkonen & Henrik Nilsson & Hanna Setterberg (2016), Tax Noncompliance and Insider Trading, Journal of Corporate Finance 36, pp. 157-173.

J51 Hassel, Lars G. & Juha-Pekka Kallunki & Henrik Nilsson (2015), Do Personal Traits Matter? CEO’s and Directors’ Risk Preferences and the Environmental Performance of Firm. A refereed article published in the book “CEO Branding: Theories and practice” edited by Marc Fetscherin. ISBN-13: 978-1138013728.

J50 Amir, Eli & Juha-Pekka Kallunki & Henrik Nilsson (2014), Criminal Convictions and Risk Taking, Australian Journal of Management (Forthcoming). Published Online: DOI 10.1177/0312896213513276.

J49 Amir, Eli & Juha-Pekka Kallunki & Henrik Nilsson (2014), Association between Individual Audit Partners’ Risk Preferences and the Composition of their Client Portfolios, Review of Accounting Studies 19:1, pp. 102-133.

J48 Elsilä, Anna & Juha-Pekka Kallunki & Henrik Nilsson & Petri Sahlström (2013), CEO Personal Wealth, Equity Incentives and Firm Performance’, Corporate Governance: An International Review 21:1, pp. 26-41.

J47 Kallunki, Juha-Pekka & Elina Pyykkö (2013), Do Defaulting CEOs and Directors Increase the Likelihood of Financial Distress of the Firm?, Review of Accounting Studies 18, pp. 228-260.

J46 Booth, G. Geoffrey & Juha-Pekka Kallunki & Petri Sahlström & Jaakko Tyynelä (2011), Foreign vs. Domestic Investors and the Post-Announcement Drift, International Journal of Managerial Finance 7:3, pp. 220-237.

J45 Chenhall, Robert H. & Juha-Pekka Kallunki & Hanna Silvola (2011), Exploring the relationships between strategy, innovation and management control systems: the roles of social networking, organic innovative culture and formal controls, Journal of Management Accounting Research 23, pp. 99-128.

J44 Kallunki, Juha-Pekka, Erkki K. Laitinen & Hanna Silvola (2011), Impact of Enterprise Resource Planning Systems on MACS and Performance of the Firm, International Journal of Accounting Information Systems 12, pp. 20-39.

J43 Kallunki, Juha-Pekka & Henrik Nilsson & Mikko Zerni (2010), Entrenchment problem, corporate governance and firm value. Contemporary Accounting Research 27:4, pp 1-38.

J42 Kallunki, Juha-Pekka & Henrik Nilsson & Jorgen Hellstrom (2009), Why do insiders trade? Evidence based on unique data on Swedish insiders. Journal of Accounting and Economics 48, pp. 37-53.

J41 Kallunki, Juha-Pekka & Elina Pyykkö & Tomi Laamanen (2009), Stock Market Valuation, Profitability and R&D Spending of the Firm: The Effect of Technology Mergers and Acquisitions. Journal of Business Finance and Accounting 36:7-8, pp. 37-53).

J40 Kallunki, Juha-Pekka & Henrik Nilsson & Janne Peltoniemi (2009), Regulated and unregulated insider trading around earnings announcements. European Journal of Law and Economics 27, pp. 285-308.

J39 Bagaeva, Alexandra & Juha-Pekka Kallunki & Hanna Silvola (2008), Can investors rely on the quality of earnings figures published by listed and non-listed Russian firms? International Journal of Accounting, Auditing and Performance Evaluation 5:1, pp. 30-49.

J38 Kallunki, Juha-Pekka & Hanna Silvola (2008), The Effect of Organizational Life Cycle Stage on the Use of Activity-Based Costing. Management Accounting Research 19:1, pp. 62-79.

J37 Kallunki, Juha-Pekka & Petri Sahlstrom & Mikko Zerni (2007), Propensity to Switch Auditors and Strictness of Legal Liability Environment: The Role of Audit Mispricing. International Journal of Auditing 11:3, pp. 165-185.

J36 Dalgic, Orkunt M. & G. Geoffrey Booth & Juha-Pekka Kallunki & Petri Sahlstrom (2008), Entrepreneurial Stock Brokering and Switching Costs. Journal of Entrepreneurial Finance and Business Venture 12:1 (August), 1-7.

J35 Kallunki, Juha-Pekka & Petri Sahlstrom & Jussi Nikkinen & Kristina Wichman (2006), Managers' motives to sell executive stock options on secondary markets: a study of Finland's unique environment. Accounting and Finance 46:2, pp.265-283.

J34 Booth, G. Geoffrey, Juha Junttila & Juha-Pekka Kallunki & Markku Rahiala & Petri Sahlstrom (2006). How does the financial environment affect the stock market valuation of R&D spending? Journal of Financial Intermediation 15, pp. 197-214.

J33 Tikkanen, Henrikki & Juha-Antti Lamberg & Petri Parvinen & Juha-Pekka Kallunki (2005). Managerial Cognition, Action and the Business Model of the Firm. Management Decision 43:6, pp. 789-809.

J32 Kallunki, Juha-Pekka & Minna Martikainen & Henrik Nilsson (2004). Accounting earnings, analysts forecasts and stock returns: Swedish evidence. Finnish Journal of Business Economics IV/2004.

J31 Kallunki, Juha-Pekka & Pasi Karjalainen & Minna Martikainen (2005). Investments in Human Capital in Different Institutional Environments. Advances in International Accounting 18, pp 121-140.

J30 Junttila, Juha & Juha-Pekka Kallunki & Aki Kdrjd & Minna Martikainen (2005). Stock market response to analysts. perceptions and earnings in technology-intensive environment. International Review of Financial Analysis 14, pp. 77-92.

J29 Kallunki, Juha-Pekka & Petri Sahlstrom (2003). Stock market valuation of R&D-expenditures in R&D-intensive economy: evidence from Finland. Finnish Journal of Business Economics 2/2003, pp. 109-121.

J28 Kallunki, Juha-Pekka & Minna Martikainen (2003). Earnings management as a predictor of future profitability of Finnish firms. European Accounting Review 12:2, pp. 311-325.

J27 Kallunki, Juha-Pekka & Jorma Larimo & Seppo Pynnvnen (2001). Value creation in foreign direct investments of Finnish firms. Management International Review 40:4, pp. 357-376.

J26 Booth, G. Geoffrey & Juha-Pekka Kallunki & Teppo Martikainen (2001). Liquidity and the turn-of-the-month effect: evidence from Finland. Journal of International Financial Markets, Institutions and Money 11, pp. 137-146.

J25 Booth, G. Geoffrey & Juha-Pekka Kallunki & Ji Chai Lin & Teppo Martikainen (2000). Internalization and stock price clustering: Finnish evidence. Journal of International Money and Finance 19, pp. 737-751.

J24 Juha-Pekka Kallunki & Teppo Martikainen (2000). The impact of income smoothing on earnings response coefficients in the Finnish stock market. Advances in International Accounting 13, pp. 1-21.

J23 Junttila, Juha & Juha-Pekka Kallunki & Teppo Martikainen (2001). Time-varying accounting betas and risk estimation for thinly traded stocks: Finnish evidence. Advances in Financial Planning and Forecasting 10, pp. 1-24.

J22 Booth, G. Geoffrey & Paul Brockman & Juha-Pekka Kallunki & Teppo Martikainen (2000). Accounting income smoothing and reductions in analysts. earnings forecast errors over the fiscal year: Finnish evidence. International Journal of Management 17:3, pp. 311-322.

J21 Kallunki, Juha-Pekka & Minna Martikainen (1999). Do firms use industry-wide targets when managing earnings? Finnish evidence. International Journal of Accounting 34:2, pp. 249-259.

J20 Kallunki, Juha-Pekka & Teppo Martikainen (1999). Financial failure and managers. accounting responses: Finnish evidence. Journal of Multinational Financial Management 9:1, pp. 15-26.

J19 Salmi, Timo & Ilkka Virtanen & Paavo Yli-Olli & Juha-Pekka Kallunki (2000). Association between accounting and market-based variables: a canonical correlation approach with U.S. data. Advances in Financial Planning and Forecasting 9, pp. 97-114.

J18 Kallunki, Juha-Pekka (2000). Stock market trading strategies based on earnings and cash-flows in Finland: alternative risk-adjusting approach. Scandinavian Journal of Management 16, pp. 85-99.

J17 Kallunki, Juha-Pekka (1998). The impact of transformations on the distributional properties of financial ratios: Finnish evidence. Advances in International Accounting 11, pp. 155-168.

J16 Booth, G. Geoffrey & Juha-Pekka Kallunki & Teppo Martikainen (1999). Earnings news and the behaviour of small and large traders in the Finnish stock market. Applied Economics Letters 99:6, pp. 771-774.

J15 Kallunki, Juha-Pekka & Minna Martikainen & Teppo Martikainen (1998). Accounting income, income components and market-to-book equity ratios: Finnish evidence. International Journal of Accounting 33:3, pp. 359-375.

J14 Kallunki, Juha-Pekka & Minna Martikainen & Teppo Martikainen & Paavo Yli-Olli (1997). The Finnish stock market: an investigation of some empirical evidence and its practical relevance. Finnish Journal of Business Economics 1997/4, pp. 474-495.

J13 Kallunki, Juha-Pekka & Teppo Martikainen (1997). The lead-lag structure of stock returns and accounting earnings: implications to the returns-earnings relation in Finland. International Review of Financial Analysis 6:1, pp. 37-48.

J12 Kallunki, Juha-Pekka (1997). Using accounting variables as instrumental risk measures in event studies: evidence from a thinly traded stock market. Journal of Multinational Financial Management 7:3, pp. 189-202.

J11 Kallunki, Juha-Pekka (1996). Earnings-related anomalies in a thin security market: an accounting-based risk estimation approach. Finnish Journal of Business Economics 45:4, pp. 433-437.

J10 Booth, G. Geoffrey & Juha-Pekka Kallunki & Teppo Martikainen (1997). Delayed price response to the announcements of earnings and its components in Finland. European Accounting Review 6:3, pp. 377-392.

J9 Kallunki, Juha-Pekka & Teppo Martikainen (1997). The covariance-factor structure of daily returns in a thinly traded stock market. Journal of Multinational Financial Management 7:2, pp. 113-125.

J8 Kallunki, Juha-Pekka (1997). E/P ratio anomaly and time-variation in expected stock returns. Advances in Financial Planning and Forecasting 7, pp. 1-17.

J7 Juha-Pekka Kallunki & Teppo Martikainen (1997). Trading patterns of small and large traders: implications for the weekend effect in Finland. Applied Economics Letters 4, pp. 595-597.

J6 Kallunki, Juha-Pekka (1997). Handling missing prices in thinly traded stock market: implications to the specification of event study methods. European Journal of Operational Research 103, pp. 186-197.

J5 Martikainen, Teppo & Juha-Pekka Kallunki & Jukka Perttunen (1997). Finnish earnings response coefficients: the information content of losses. European Accounting Review 6:1, pp. 69-81.

J4 Kallunki, Juha-Pekka & Teppo Martikainen & Jukka Perttunen (1996). The Proportionality of Financial Ratios: Implications for Ratio Classifications. Applied Financial Economics 6, pp. 535-541.

J3 Juha-Pekka Kallunki & Teppo Martikainen (1997). Financial market liberalization and the relationship between stock returns and financial leverage in Finland. Applied Economics Letters 4, pp. 19-21.

J2 Kallunki, Juha-Pekka (1996). Stock returns and earnings announcements in Finland. European Accounting Review 5:2, pp. 199-216.

J1 Booth, Geoffrey G. & Juha-Pekka Kallunki & Teppo Martikainen (1996). Post-announcement drift and income smoothing: Finnish Evidence. Journal of Business Finance and Accounting 23:8, pp. 1207-1221.