Thursday 29 May 2014
Session 1: Economic Incentives (16:00–17:30)
Session Chair: Tim Adam, Humboldt University
Corporate Scandals and Household Stock Market Participation
- Mariassunta Giannetti, Stockholm School of Economics
- Tracy Wang, University of Minnesota
Discussant: Andrey Golubov, Cass Business School
Smokescreen: How Managers Behave When They Have Something to Hide
- Tanja Artiga Gonzalez, University of St. Gallen
- Markus Schmid, New York University and University of St. Gallen
- David Yermack, New York University
Discussant: Tim Adam, Humboldt University
Can Unemployment Insurance Spur Entrepreneurial Activity? Evidence from France
- Johan Hombert, HEC Paris
- Antoinette Schoar, MIT Sloan
- David Sraer, Princeton University
- David Thesmar, HEC Paris
Discussant: Marina Niessner, Yale School of Management
Drinks Reception (17:30–19:00)
Bus Tour of Historic Edinburgh (19:00–20:30)
Friday 30 May 2014
Session 2: Managerial Incentives (09:30–11:00)
Session Chair: Inmoo Lee, Korean Advanced Institute Science & Technology
Equity Vesting and Managerial Myopia
- Alex Edmans, London Business School, on leave from The Wharton School
- Vivian Fang, Carlson School of Management, University of Minnesota
- Katharina Lewellen, Tuck School of Business, Dartmouth College
Discussant: Francesco Vallascas, University of Leeds
Investor Horizon and CEO Turnover-Performance Sensitivity
- Huasheng Gao, Nanyang Technological University, Singapore
- Jarrad Harford, University of Washington
- Kai Li, University of British Columbia
Discussant: Inmoo Lee, Korean Advanced Institute Science & Technology
CEO Gender and Corporate Risk-Taking
- Mara Faccio, Krannert Management School, Purdue University
- Maria-Teresa Marchica, Manchester Business School
- Roberto Mura, Manchester Business School
Discussant: Kai Li, University of British Columbia
Session 3: Debt Theory (11:30–13:00)
Session Chair: Mark Flannery, University of Florida
Ambiguity in Corporate Finance: Real Investment Decisions
- Lorenzo Garlappi, University of British Columbia
- Ron Giammarino, University of British Columbia
- Ali Lazrak, University of British Columbia
Discussant: John Thanassoulis, Warwick Business School
Entrepreneurial Vision, Information, and Cash
- Vladimir Vladimirov, University of Amsterdam
- Arnoud Boot, University of Amsterdam
Discussant: Boris Nikolov, University of Rochester
Granularity of Corporate Debt
- Jaewon Choi, University of Illinois at Urbana-Champaign
- Dirk Hackbarth, Boston University
- Josef Zechner, Vienna University of Economics and Business
Discussant: Mark Flannery, University of Florida
Session 4: Unique Micro Datasets (14:00–15:30)
Session Chair: Johan Hombert, HEC Paris
The Operational Consequences of Private Equity Buyouts: Evidence from the Restaurant Industry
- Shai Bernstein, Stanford University
- Albert Sheen, Harvard Business School
Discussant: Johan Hombert, HEC Paris
Boom and Gloom
- Giorgo Sertsios, Universidad de los Andes, Santiago, Chile
- Paul Povel, University of Houston
- Praveen Kumar, University of Houston
- Renata Kosova, Imperial College London
Discussant: Piotr Korczak, University of Bristol
The Agglomeration of Bankruptcy
- Efraim Benmelech, Kellogg School of Management
- Nittai Bergman, MIT Sloan
- Anna Milanez, Harvard University
- Vladimir Mukharlyamov, Harvard University
Discussant: Boris Nikolov, University of Rochester
Keynote (16:00–17:30)
- Sheridan Titman, University of Texas
- Introduction by Bill Megginson, University of Oklahoma
Gala Dinner: The Scottish Cafe & Restaurant, Scottish National Gallery (19:00–late)
