Program Schedule

Thursday, November 6, 2014

5:30 pm - 8:00 pm  Opening Reception - Knight Center EMBA Pub Lounge

Friday, November 7, 2014

8:00 am  Continental Breakfast - Knight Center 2nd Floor Break Area


Session 1: Empirical Corporate Finance

Session Chair: Philip Strahan, Boston College

9:00 - 9:45 am    Taxation and Dividend Policy: The Muting Effect of Diverse Ownership Structure
    by Roni Michaely (Cornell University), Annette Alstadsaeter (University of Oslo), and Martin Jacob (WHU)
Discussant: Kristine Hankins, University of Kentucky
9:45 - 10:30 am   The Real Effects of Credit Ratings: The Sovereign Ceiling Channel
    by  Igor Cunha (Nova), Heitor Almeida (University of Illinois),Miguel Ferreira (Nova), and Felipe Restrepo (Boston College)
Discussant: Sergey Chernenko, Ohio State University

10:30 - 11:00 am   BREAK 

Session 2: Organizational Design

Session Chair: Gregory Udell, Indiana University

11:00 - 11:45 am   The Value of Informativeness for Contracting 
    by Pierre Chaigneau (HEC Montreal), Alex Edmans (London Business School) and Daniel Gottlieb (University of Pennsylvania)
Discussant: Lin William Cong, Chicago Booth
11:45 am - 12:30 pm    How Organizational Hierarchy Affects Information Production
    by Janis Skrastins (London Business School), and Vikrant Vig (London Business School)
Discussant: Philip Strahan, Boston College
12:30 - 1:45 pm   LUNCH - Anheuser-Busch Dining Room, Knight Center 
Session 3: Financing Choice and Product Market Effects

Session Chair: Heitor Almeida, University of Illinois

1:45 - 2:30 pm   Captive Finance and the Coase Conjecture
    by Justin Murfin (Yale University) and Ryan Pratt (Brigham Young University)
Discussant: Ralf Meisenzahl, Federal Reserve Board
2:30 - 3:15 pm   Leverage and Strategic Preemption: Lessons from Entry Plans and Incumbent Investments
    by J. Anthony Cookson (University of Colorado)
Discussant: Naveen Khanna, Michigan State University
3:15 - 3:30 pm   BREAK

Session 4: Short Paper Session

3:30 - 4:30 pm   Short Presentations of Early Ideas

 5:45 - 7:00 pm   Cocktails and PhD Poster Session - River Camp - Saint Louis Zoo

7:00 - 8:30 pm   Dinner - River Camp - Saint Louis Zoo

PhD Poster Session and Selection of Best Paper Award in Honor of Professor Stuart I. Greenbaum

Poster Session Finalists:

Final list of winners to be announced

Saturday, November 8, 2014

7:30 am  Continental Breakfast - Knight Center 2nd Floor Break Area

Session 5: Acquisitions

Session Chair: Naveen Khanna, Michigan State University

8:30 - 9:15 am   Extending Comparative Advantage Through Cross-Border Acquisitions
    by Gordon Phillips (USC),  Laurent Fresard (University of Maryland) and Ulrich Hege (HEC Paris)
Discussant: Cesare Fracassi, University of Texas at Austin
9:15 - 10:00 am    Selling Failed Banks
    by: Gregor Matvos (Chicago Booth), Joao Granja (MIT Sloan), and Amit Seru (Chicago Booth)
Discussant: Mark Flannery, University of Florida 
10:00 - 10:30 am     BREAK

Session 6: Corporate Theory

Session Chair: Roni Michaely, Cornell University

10:30 - 11:15 am    Timing Decisions in Organzations: Communication and Authority in a Dynamic Environment
    by Andrey Malenko (MIT Sloan), Steven Grenadier(Stanford GSB), and Nadya Malenko (Boston College)
Discussant: Zhiguo He, Chicago Booth

11:15 am - 12:00 pm    Household Risk Management
    by Adriano Rampini (Duke University) and S. "Vish" Viswanathan (Duke University)
Discussant: Alp Simsek, MIT
12:00 - 1:00 pm    LUNCH - Anheuser-Busch Dining Room, Knight Center 

Session 7: Corporate Governance

Session Chair: Gordon Phillips, USC Marshall

1:00 - 1:45 pm   Executive Gatekeepers: Useful and Divertible Governance
    by Adair Morse (UC Berkeley), Wei Wang (UCLA), and Serena Wu (Queens School of Business)
Discussant: Andres Almazan, University of Texas at Austin 
1:45 - 2:30 pm   Product Market Competition in a World of Cross-Ownership: Evidence from Institutional Blockholdings
    by Jiekun Huang (University of Illinois - Urbana Champaign) and Jie (Jack) He (University of Georgia)
Discussant: Nickolay Gantchev, University of North Carolina 

2:30 pm