News and events

News: Archive 2012

School of Economics' Doctors awarded in EDAMBA Thesis Competition 2011

31.01.2012 Three Doctors of Science from the School of Economics won Distinguished Paper award in the annual doctoral thesis competition of the European Doctoral Programmes Association in Management and Business Administration (EDAMBA).

Business prospects in integrating markets? Experiences of Finnish firms on ASEAN integration

21.03.2012 CEMAT has conducted a study on the operations of Finnish companies in Southeast Asia, focusing on the integration process within the Association of Southeast Asian Nations (ASEAN). The study mainly enquired how the state-led regional economic integration, i.e. the ASEAN free trade area, affects the business environment of firms located in e.g. Malaysia and Singapore.

The stable and transparent business environment attracts Russian companies to Finland

21.03.2012 Russian companies are more and more interested in investing in Finland. Companies appreciate above all Finland’s stable and transparent environment for doing business.

School of Economics Maintains Prestigious AACSB Business Accreditation

11.04.2012 Aalto University School of Economics has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business. The School of Economics was awarded AACSB accreditation in 2007 as the first Nordic business school. The accreditation process is renewed every five years.

Political connections and zoning of ABC service stations

04.05.2012 Heli Huvinen's Finance Master's thesis “Easy as ABC? Political connections and zoning of service station stores” investigates whether the political connections of the S Group coincide with more favorable zoning decisions for the S Group owned ABC service stations compared to the service stations of their less politically connected peers.

Päivi Karhunen from CEMAT selected as Academy Research Fellow

08.05.2012 The Research Council for Culture and Society of the Academy of Finland has selected 16 new Academy Research Fellows for the funding period of 2012-2017.

Doctoral dissertation: Economic crises are managed with collective collateral

10.05.2012 Economy is often understood as a market-controlled phenomenon. When solutions are sought to economic problems, the phrase “the markets have spoken” is used as a justification for the decisions made. The markets are an important control mechanism but they alone cannot explain the functioning of the economy.

Doctoral dissertation reveals who profit and who incur losses from provision of immediacy in the stock markets

16.05.2012 While mutual funds and issue of stocks cause price impact, hedge funds and repurchase of shares decrease this. The doctoral dissertation by Kalle Rinne, M. Sc. (Econ.), studies how demand and provision of immediacy affects the market's functioning and what the roles are of different market parties with regard to provision of immediacy.

Doctoral dissertation: Domestic investment and exports stimulate most economic growth in Russia

30.05.2012 Domestic investment and exports are among the most important factors for stimulating economic growth across Russia. This is shown in a study by Lic.Sc. Svetlana Ledyaeva for the Aalto University School of Economics.

Sixten Korkman appointed as Professor of Practice in Economics

06.06.2012 The dean of Aalto University School of Economics has appointed Sixten Korkman, D. Soc. Sc., as Professor of Practice in Economics for the period of 1.8.2012-31.7.2015. The professorship is at the Department of Economics

EU visibility to Rail Baltica projects

02.07.2012 Rail Baltica Growth Corridor (RBGC) and RBGC Russia were presented in Copenhagen on 18.-19.6.2012 at the BDF Summit and the Annual Meeting of the EU Strategy for the Baltic Sea Region (EUSBSR).

Video connection decreased loneliness and increased safety

17.07.2012 Advanced technology has a supportive function, bringing new possibilities for the elderly living at home and for their home care. The city of Helsinki tested video phones in home care. Both the nurses’ and the elderly’s experiences of using the technology were very positive.

Doctoral dissertation: Consumers want to be in control of marketing messages

15.08.2012 Most consumers do not like personal marketing messages. Sales phone calls and text messages are considered particularly obtrusive, with consumers preferring marketing in newspapers, catalogues and internet search services as these can be controlled and utilised by the consumer.

Matti Nojonen appointed professor at Tongji University

03.09.2012 Matti Nojonen, who at the moment is working as a post-doctoral researcher at the Aalto University School of Economics, has been appointed professor at Tongji University in Shanghai. Nojonen has been studying the history of ideologies in China, Chinese strategic thinking and the country’s political system and economy for twenty years. At Tongji University, he will be studying regional business models in China.

Newspaper readers’ participation remains indirect

10.09.2012 - Newspaper readers mainly take part in the papers’ activities in the social media by distributing content and helping the paper with consumer surveys, says Mikko Villi, researcher from Aalto University School of Business.

School of Business continues to do well in the Financial Times ranking of best master’s programmes in business studies

17.09.2012 The master’s degree programme offered by the School of Business is the second best of its kind in the Nordic countries.

The Tenured Professors' Installation Lectures at Aalto University 3.10.2012

02.10.2012 Aalto University celebrates its Tenured Professors with lectures presented by the new tenure track professors of Associate- or Full-level.

Professor Marko Terviö received the Jutikkala Prize of the Finnish Academy of Science and Letters

08.10.2012 Marko Terviö, Professor of Economics at the Aalto University School of Business, was awarded the Jutikkala Prize of the Finnish Academy of Science and Letters on 8 October 2012.

Foreign acquisitions can be used as boomerang investments in China

28.11.2012 - Some foreign acquired companies are on the greyzone in China. This means they are in between foreign and domestic companies which makes it a complicated situation, said Professor Claes Alvstam from the University of Gothenburg.

Professor Vesa Puttonen: Historical Debt Burden is Preventing New Economic Growth

10.12.2012 Recent economic stimulus measures have intensified the debt spiral for both the public and private sectors.

Aalto EE Number One in Education Sector in Taloustutkimus Corporate Image Survey

19.12.2012 Aalto University Executive Education (Aalto EE) earned the top overall rating in a corporate image survey by Finnish market research company Taloustutkimus Oy. The survey covered 26 firms providing education in the Greater Helsinki catchment area. Aalto EE achieved an overall grade of 8.30, while the sector average was 7.68.