After moving from Toronto last year, Andreas Park and Katya Malinova are moving back. It was a big coup to get them, and their loss is going to be felt at the CBS Finance Department. I am not an insider, so I don't know the details of their reasoning, but the timing of their move makes me think it is in protest over the recent firing of maybe one hundred senior faculty at Copenhagen Business School (this year) and other recent firings of seniors at other prominent Danish universities (University of Copenhagen and Denmark Technical University a couple of years ago).
Park and Malinova to leave Copenhagen Business School Finance for Toronto
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Tenured faculty in Denmark have a clause in their contracts allowing them to be fired in times of a budget crises. Now every few years a Danish University has a budget crises.