Organized by
NUS Business School
Venue: Kent Ridge Guild House
9 Kent Ridge Drive
Singapore 119241
TUESDAY, 19 JULY 2011
| 8:15am |
Registration |
| 8:45 – 9:00am |
Welcome Remarks
Bernard Yeung
Dean and Stephen Riady Distinguished Professor
NUS Business School |
| 9:00 – 10:00am |
Keynote Speech
“Information Rules: How markets become efficient and why we should care"
Charles M.C. Lee
Stanford University
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| 10:00 – 10:30am |
Coffee Break |
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Session I:
Session Chair: Allaudeen Hameed (National University of Singapore)
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| 10:30 – 11:15am |
Paper 1
“Transparency and Liquidity Uncertainty in Crisis Periods”
Mark H. Lang (University of North Carolina at Chapel Hill)
Mark G. Maffett* (University of North Carolina at Chapel Hill)
Discussant: David Reeb (Temple University)
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11:15 – 12:00noon
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Paper 2
“Transmission of Bank Liquidity Shocks in Loan and Deposit Markets: The Role of
Interbank Borrowing and Market Monitoring”
Franklin Allen (University of Pennsylvania)
Aneta Hryckiewicz (Kozminski University)
Oskar Kowalewski* (Warsaw School of Economics)
Gunseli Tumer-Alkan (VU University Amsterdam)
Discussant: Sumit Agarwal (Federal Reserve Bank of Chicago)
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12:00 – 2:00pm
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Luncheon |
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Session II:
Session Chair: Melvyn Teo (Singapore Management University)
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| 2:00 – 2:45pm |
Paper 3
“Real Options, Volatility, and Stock Returns”
Gustavo Grullon (Rice University)
Evgeny Lyandres* (Boston University)
Alexei Zhdanov (University of Lausanne)
Discussant: Neil D. Pearson (University of Illinois)
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| 2:45 – 3:30pm |
Paper 4
“The Tail in the Volatility Index”
Nikunj Kapadia* (University of Massachusetts at Amherst)
Jian Du (University of Massachusetts at Amherst)
Discussant: Duan Jin-Chuan (National University of Singapore)
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| 3:30 – 4:00pm |
Coffee Break |
| 4.00 – 4:45pm |
Paper 5
“What Drives the Value Premium: The Role of Asset Risk and Leverage"
Jaewon Choi* (University of Illinois at Urbana-Champaign)
Discussant: Raymond Kan (University of Toronto)
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WEDNESDAY, 20 JULY 2011
| 8:30am |
Registration |
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Session III:
Session Chair: Jeffrey E. Pontiff (Boston College)
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| 9:00 – 9:45am |
Paper 6
“Pay for Performance from Future Fund Flows: The Case of Private Equity”
Ji-Woong Chung* (The Chinese University of Hong Kong)
Berk A. Sensoy (Ohio State University)
Lea H. Stern (Ohio State University)
Michael S. Weisbach (Ohio State University)
Discussant: Evgeny Lyandres (Boston University) |
| 9:45 – 10:30am |
Paper 7
“Does Equity-Based Compensation Really Have a Dark Side? The Influence of
Regulatory Discretion”
Buhui Qiu* (Eramus University)
Michael F. Ferguson (University of Cincinnati)
Weihong Song (University of Cincinnati)
Discussant: Sugato Bhattacharyya (University of Michigan) |
| 10:30 – 11:00am |
Coffee Break |
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Session IV:
Session Chair: Angie Low (Nanyang Technological University)
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| 11:00 – 11:45am |
Paper 8
“Inside Debt and the Design of Corporate Debt Contracts”
Divya Anantharaman (Columbia University)
Vivian W. Fang* (Rutgers University)
Guojin Gong (Penn State University)
Discussant: Thomas J. Chemmanur (Boston College) |
| 11:45 – 12:30pm |
Paper 9
“CEO Interviews on CNBC”
Young Han Kim (Nanyang Technological University)
Felix Meschke* (University of Kansas)
Discussant: Mark G. Maffett (University of North Carolina at Chapel Hill) |
| 12:30 – 2:30pm |
Luncheon |
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Session V:
Session Chair: Joseph Cherian (National University of Singapore)
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| 2:30 – 3:15pm |
Paper 10
“Managerial Multitasking in the Mutual Fund Industry"
Vikas Agarwal* (Georgia State University)
Linlin Ma (Georgia State University)
Discussant: Felix Meschke (University of Kansas) |
| 3:15 – 4:00pm |
Paper 11
“Capitalizing on Capitol Hill: Informed Trading by Hedge Fund Managers”
Jiekun Huang* (National University of Singapore)
Meng Gao (National University of Singapore)
Discussant: Vikas Agarwal (Georgia State University) |
| 4:00 – 4:30pm |
e-voting for Best Paper Award |
| 4:30 – 4:45pm |
Closing Remarks and Best Paper Award Presentation |
| 4:45 – 5.15pm |
Farewell Coffee |
*Paper Presenter |
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