Economic Analysis and Accounting Division
The Economic Analysis & Accounting Division at Nord University Business School works with issues in business economics and accounting, finance, transport economics, logistics, social economy and quantitative method.
The research focuses mainly on accounting norms, municipal economics, financial management in small and medium-sized enterprises, management and management systems, financial management as value creation tools, transport and logistics in The High North areas and financial management in international companies. The research group has an international environment in public accounting, and a nationally leading research group in logistics and transport.
The Economic Analysis & Accounting Division has a large externally funded project portfolio and considerable international research activity. The number of employees is 73, of which 16 are fellows.
Head of division: Pål Andreas Pedersen
Related studies
Research groups
The participants in this group teach and conduct research on a wide range of topics. The focus is quantitative methods applied on finance and economics. The participants in this group is located in Bodø and Steinkjer. We teach various courses related to finance, economics, and statistics.
In total, we have the main responsibility of 14 courses, of which three are mandatory for the degree programme in business and administration at Nord University. Eight courses are for either the finance profiles at the bachelor's programme, or the master's programme. In addition, we have a couple of elective courses both at the BSc level and the MSc level.
Research
The participants in this group carry out research on a wide range of topics. For example, Svein Oskar works on topics related to econometric analysis in various economic settings, such as the impact of oil on agricultural profitability, or how time invested in studying yield returns in terms of grades.
Thomas has received two grants from the Norwegian Research Council: Climate Change Modeling and Prediction of Economic Impact (7mNOK), and Machine Learning for ESG Investments (7.5mNOK).
Irena's main research interest is in the area of empirical corporate finance, specializing in family firms and their governance. She has several ongoing projects, for example Nepotism in family firms, where she studies evidence from pay differentials between family and non-family employees.
Recently Published Peer Reviewed Papers
The members of the FAME research units have published several scientific papers the last few years. So far in 2020, we have published 10 scientific papers, where 4 are in level 2 journals according to the NSD.
PhD students
There are currently 8 PhD students where the main supervisor is a faculty member in the FAME research unit. The topics range from, but are not limited to, machine learning for finance, impact of climate change on economics and finance, empirical asset pricing, real estate finance.
Plans for the Future
The members of the group will continue to carry out their teaching liabilities as the courses are structured now, though with some modifications to incorporate new methods and techniques that are appropriate. For research, some of the members plan to apply for external funding for research projects for the May 6th deadline from the Norwegian Research Council.
The participants in APEC teach and conduct research on a wide range of topics. The main research focus is towards regulation of markets, transport economics, resource and environmental economics, health economic and efficiency analysis. The participants in the group are located in Bodø, Mo i Rana, Stjørdal and Steinkjer. We teach various courses related to economics, corporate management, transport economy, logistics and health economy. APEC has the main responsibility of 11 courses, of which six are mandatory for the degree programme in business and administration at Nord University.
Research strategy
The group has followed a strategy with the overall goal of producing research leading to peer-reviewed scientific publications. These results are achieved by following two separate tracks. The first track consists of research based on ideas from members of the group and funded by internal resources. The second track involves tendered external projects being successfully acquired.
This means that research problems of current interest are being addressed, and data is gathered keeping future publications in mind. An extensive number of non-academic partners, both public bodies (i.e. The Ministry of Transport and Communication) and private bodies (i.e. airport developers and aquaculture organizations), have funded these research projects during the last 10-15 years.
In selected projects, the next stage is development of theory and the methodological framework to prepare for academic publications. Then, the group encourages dissemination of the results by producing popular science articles (e.g. for Samferdsel and Norsk Sjømat), features articles in newspapers (Aftenposten, Dagens Næringsliv and Avisa Nordland) and gives interviews to the radio and TV (mainly NRK). Finally, the results are used as cases in courses taught at the bachelor and master level.
Accounting in Changing Environments (ACE) research group conducts research how the design and use of accounting systems can help public, private and hybrid organizations to adapt to rapidly changing institutional environments.
The ambition is to help different stakeholders to find theory-informed solutions to organizational problems in turbulent environments. We do so via different forms of collaboration with stakeholders ranging from students’ projects, action-oriented research and nationally/ internationally funded research and development projects. Research group tradition is primarily based on interpretative research using case studies, interventionist research, and (n)ethnographic and visual studies
Coordinator: Giuseppe Grossi
Research group leader: Anatoli Bourmistrov
The MONITOR2024 research group conducts research that examines the socio-economic impacts of culture-related investments, with a particular focus on European Capitals of Culture (ECoCs). Using Bodø2024 ECoC as an example, the core objective of the research group is to study how culture-related investments can enhance the sustainable development of Arctic cities and regions, thereby making these cities and regions more attractive places to live and work. The research group aims to establish a comparative approach to examine the socio-economic impacts of ECoCs in different contexts and countries, allowing for assessment and potential improvements in the evaluation methodologies of ECoCs’ socio-economic impacts.
The research group applies a set of different classical scientific methodologies, aligned with so-called “social audit” approach, by surveying and interviewing different stakeholders and beneficiaries, performing statistical analysis, as well as new methodologies like “agent-based modelling”, Q-methodology, AI-assisted textual analysis, netnography, dashboard visualizations, analysis of geolocation data, etc.
More information about ongoing research activities and results can be found here
Selected research projects
Transformative capabilities of the accounting profession: Study of the Norwegian small and medium accounting practices
Read more about the project