Petri Sahlström

Occupation

Professor of Accounting, Dean of Oulu Business School
Department of Accounting and Finance
Faculty of Economics and Business Administration
University of Oulu, Finland

Contact information

Student reception:By appoinment,room TA305
Tel: +358-8-553 2585
Fax: +358-8-553 2906
E-mail: petri.sahlstrom(a)oulu.fi
Address: P.O.Box 4600, FIN-90014 University of Oulu, Finland

Teaching

Advanced Financial Analysis

Advanced Auditing

Research: Selected publications

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

Lantto, Anna-Maija and Petri Sahlström (2009). Impact of IFRS adoption on key financial ratios. Journal of Accounting and Finance 49, 341-361.

Nikkinen, Jussi, Mohammed Omran, Petri Sahlström and Janne Aijö (2008). The Effects of U.S. Macroeconomic News Announcements on Emerging Stock Markets in the Asia-Pacific Region. Asia Pasific Journal of Economics and Business 12, 3-14.

Nikkinen, Jussi, Petri Sahlström, Karri Takko and Janne Aijö (2009). Turn-of-the-month and Intramonth Anomalies and U.S. Macroeconomic News Announcements on the Thinly Traded Finnish Stock Market. International Journal of Economics and Finance 1, 3-11.

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

Booth, Geoffrey G., Juha Junttila, Juha-Pekka Kallunki, Markku Rahiala and Petri Sahlström (2006). How Does the Financial Environment Affect the Stock Market Valuation of R&D Spending? Journal of Financial Intermediation, 15:2, 197-214.

Nikkinen, Jussi, Petri Sahlström and Janne Aijö (2007). Turn-of-the-month and intramonth effects: Explanation from the important macroeconomic news announcements. Journal of Futures Markets, 27:2, 105-126.

Booth, Geoffrey G., Orkunt M. Dalgic, Juha-Pekka Kallunki and Petri Sahlström (2007). Entrepreneurial Stock Brokering and Switching Costs. Journal of Entrepreneurial Finance and Business Ventures, 12:1, 1-7.

Nikkinen, Jussi, Mohammed Omran, Petri Sahlström and Janne Aijö (2008). Stock Returns and Volatility Following the September 11 Attacks: Evidence from 53 Equity Markets. International Review of Financial Analysis, 17:1, 27-46.

Nikkinen, Jussi, Petri Sahlström and Janne Aijö (2007). Do the US macroeconomic news announcements explain turn-of-the-month and intramonth anomalies on European stock markets? Journal of Applied Business and Economics, 7:3, 48-62

Kallunki, Juha-Pekka, Jussi Nikkinen, Petri Sahlström and Kristina Wichmann (2006). Should there exist secondary markets for executive stock options? Journal of Accounting and Finance, 46:2, 265-283.

Nikkinen, Jussi, Mohammed Omran, Petri Sahlström and Janne Aijö (2006). Global stock market reactions to scheduled U.S. macroeconomic news announcements. Global Finance Journal, 17, 92-104.

Nikkinen, Jussi, Petri Sahlström and Sami Vähämaa (2006). Implied volatility linkages among major European currencies. Journal of International Financial Markets, Institutions & Money, 16, 87-103.

Salmi, Timo, Jussi Nikkinen and Petri Sahlström (2005). The Review of the Theoretical and Empirical Basis of Financial Ratio Analysis Revisited. University of Vaasa, Finland. URN:NBN:fi-fe20051937. A World Wide Web publication.

Nikkinen, Jussi and Petri Sahlström (2004). Impact of an accounting environment on cash flow prediction. Journal of International Accounting, Auditing and Taxation, 13:1, 39-52.

Luoma, Martti, Petri Sahlström and Reijo Ruuhela (2006). An alternative estimation method of the equity risk premium using financial statements and market data. Advances in Accounting, 22, 229-238.

Nikkinen, Jussi and Petri Sahlström (2005). Risk in audit pricing: the role of different dimensions of risk. Advances in International Accounting, 18, 141-151.

Nikkinen, Jussi and Petri Sahlström (2004). International transmission of uncertainty implicit in stock index option prices. Global Finance Journal, 15:1, 1-15.

Nikkinen, Jussi and Petri Sahlström (2004). Does agency theory provide a general framework for audit pricing? International Journal of Auditing, 8:November, 253-262.

Graham, Michael, Jussi Nikkinen and Petri Sahlström (2003). Relative importance of scheduled macroeconomic news for stock market investors. Journal of Economics and Finance, 27:2, 153-165.

Kallunki, Juha-Pekka and Petri Sahlström (2003). Stock market valuation of R&D expenditures in R&D-intensive economy: evidence from Finland. Finnish Journal of Business Economics, 2/03, 109-121.

Nikkinen, Jussi and Petri Sahlström (2004). Distributional Properties and transformation of financial ratios: the impact of accounting environment. Advances in International Accounting, 17, 85-101.

Nikkinen, Jussi and Petri Sahlström (2003). Do auditors assess the systematic risk in their audit pricing decisions? International evidence. Advances in Accounting, 20, 233-244.

Nikkinen, Jussi and Petri Sahlström (2004). Scheduled domestic and U.S. macroeconomic news and stock valuation in Europe. Journal of Multinational Financial Management, 14:3, 201-215.

Nikkinen, Jussi and Petri Sahlström (2004). Impact of the Federal open market committee's meetings and scheduled macroeconomic news on stock market uncertainty. International Review of Financial Analysis, 13:1, 1-12.

Sahlström, Petri (2001). Impact of Stock Option Listings on Return and Risk Characteristics in Finland. International Review of Financial Analysis, 10:1, 19-36.

Nikkinen, Jussi and Petri Sahlström (2001). Impact of Scheduled U.S. Macroeconomic News on Stock Market Uncertainty: a Multinational Perspective. Multinational Finance Journal, 5:2, 129-148.

Books

Kallunki, Juha-Pekka, Anna-Maija Lantto ja Petri Sahlström (2008). Tilinpäätösanalyysi IFRS-maailmassa. Talentum. In Finnish.

Nikkinen, Jussi, Timo Rothovius and Petri Sahlström (2002). Arvopaperisijoittaminen. (Investments). WSOY. In Finnish. Second edition 2005.

Ikola, Arto, Timo Rothovius and Petri Sahlström (2004). Yritystoiminnan tukeminen kunnissa. (Municipal Subsidicing of Entrepreneurship) Kunnallisalan kehittämissäätiö, tutkimusjulkaisut nro 40. In Finnish.