Conference Agenda

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Only Sessions at Location/Venue 
Session Overview
Location: D -107
Date: Thursday, 22/Aug/2019
CFGE-1: Human Capital and Firm Value
Location: D -107
Chair: Moqi Groen-Xu, London School of Economics

Corporate Culture as an Implicit Contract

Jessica Jeffers1, Michael Lee2

1: University of Chicago, United States of America; 2: Federal Reserve Bank of New York

The Effect of Financial Literacy on Financial Policies – Evidence from a Randomized Control Experiment in Mozambique

Claudia Custodio2, Diogo Mendes1, Daniel Metzger3,4

1: Nova School of Business and Economics; 2: Imperial College London; 3: Rotterdam School of Management; 4: Swedish House of Finance

The Employee Clientele of Corporate Leverage: Evidence from Employee Family Labor Income Diversification

Jie He1, Tao Shu1, Huan Yang2

1: University of Georgia, United States of America; 2: University of Massachusetts Amherst

CFGE-2: What is new in Mergers and Acquisitions?
Location: D -107
Chair: Daniel Metzger, Rotterdam School of Management

EPS-Sensitivity and Merger Deals

Sudipto Dasgupta1, Jarrad Harford2, Fangyuan Ma3

1: Chinese University of Hong Kong, CEPR and ABFER; 2: University of Washington; 3: Chinese University of Hong Kong

A BIT Goes a Long Way: Bilateral Investment Treaties and Cross-border Mergers

Brandon Julio1, Vineet Bhagwat2, Jonathan Brogaard3

1: University of Oregon, United States of America; 2: George Washington University; 3: University of Utah

Listing Gaps, Merger Waves, and the New American Model of Equity Finance

Gabriele Lattanzio1, William L. Megginson1, Ali Sanati2

1: University of Oklahoma; 2: American University, Washington DC

CFGE-3: Gender Equality
Location: D -107
Chair: Mireia Gine, IESE Business School

Public Attention to Gender Equality and the Demand for Female Directors

Mariassunta Giannetti1, Tracy Wang2

1: Stockholm School of Economics, CEPR, and ECGI; 2: University of Minnesota, United States of America

Mind the Gap: Gender Stereotypes and Entrepreneur Financing

Camille Hebert

University of Toronto

Do Firms Respond to Gender Pay Gap Transparency?

Morten Bennedsen1, Elena Simintzi2, Margarita Tsoutsoura3, Daniel Wolfenzon4

1: University of Copenhagen, Denmark; 2: Kenan-Flagler Business School, USA; 3: Cornell University, USA; 4: Columbia University, USA

CFGE-4: Determinants and consequences of competition
Location: D -107
Chair: Rui Albuquerque, Boston College

Incentives and Competition in the Airline Industry

Rajesh Aggarwal1, Carola Schenone2

1: Northeastern University, United States of America; 2: University of Virginia, United States of America

U.S. Innovation and Chinese Competition for Innovation Production

Gerard Hoberg3, Bruce Li3, Gordon Phillips1,2

1: Tuck School of Business at Dartmouth College; 2: National Bureau of Economic Research; 3: Marshall School of Business, University of Southern California

Common Ownership and Market Entry: Evidence from the Pharmaceutical Industry

Melissa Newham1, Jo Seldeslachts1, Albert Banal-Estanol2

1: DIW Berlin; 2: Universitat Pompeu Fabra, Spain

Date: Friday, 23/Aug/2019
CFGE-5: New theory and evidence on IPOs
Location: D -107
Chair: Per Strömberg, Stockholm School of Economics

Initial Public Offerings and the Local Economy

Jess Cornaggia, Matthew Gustafson, Jason Kotter, Kevin Pisciotta

University of Kansas, United States of America

Financing Experimentation

Tong Liu

The Wharton School, University of Pennsylvania, United States of America

Technological Disruptiveness and the Evolution of IPOs and Sell-Outs

Laurent Fresard1, Gerard Hoberg2, Donald Bowen3

1: University of Lugano and Swiss Finance Institute; 2: University of Southern Californa; 3: Virginia Tech

CFGE-6: Ownership and governance
Location: D -107
Chair: Heitor Almeida, UIUC

Why are firms with more managerial ownership worth less?

Kornelia Fabisik1, Ruediger Fahlenbrach1, Rene Stulz2, Jerome Taillard3

1: EPFL, Switzerland; 2: Ohio State University; 3: Babson College

Corporate Capture of Blockchain Governance

Daniel Ferreira1, Jin Li2, Radoslawa Nikolowa3

1: London School of Economics; 2: Hong Kong University; 3: Queen Mary University of London

Does corporate governance impact equity volatility? Theory and worldwide evidence

Louis Gagnon1, Alexandre Jeanneret2

1: Queen's University, Canada; 2: HEC Montreal

CFGE-7: Corporate Governance
Location: D -107
Chair: Vyacheslav Fos, Boston College

Media and Shareholder Activism

Abhishek {Abhi} Ganguly

Indiana University, Bloomington, United States of America

Punish One, Teach A Hundred: The Sobering Effect of Punishment on the Unpunished

Francesco D'Acunto2, Michael Weber1, Jin Xie3

1: University of Chicago, United States of America; 2: Boston College, United States of America; 3: Chinese University Hong Kong

Peer Effects in Corporate Governance Practices: Evidence from Universal Demand Laws

Pouyan Foroughi1, Alan Marcus2, Vinh Nguyen3, Hassan Tehranian2

1: University of New South Wales (UNSW), Australia; 2: Boston College; 3: University of Hong Kong

Date: Saturday, 24/Aug/2019
CFGE-8: Corporate Social Responsibility
Location: D -107
Chair: Nuno Fernandes, Católica Lisbon and ECGI

ESG Shareholder Engagement and Downside Risk

Andreas Hoepner1, Ioannis Oikonomou2, Zacharias Sautner3, Laura Starks4, Xiaoyan Zhou5

1: University College Dublin (UCD); 2: Henley Business School; 3: Frankfurt School of Finance & Management; 4: University of Texas at Austin; 5: University of Oxford, United Kingdom

Standing out from the crowd via ESG engagement: Evidence from non-fundamental-driven price pressure

Lei Gao1, Jack He2, Julie Wu3

1: Iowa State University, United States of America; 2: University of Georgia; 3: University of Nebraska – Lincoln

Real Effects of Climate Policy: Financial Constraints and Spillovers

Söhnke M. Bartram1, Kewei Hou2, Sehoon Kim3

1: University of Warwick, United Kingdom; 2: The Ohio State University, United States of America; 3: University of Florida, United States of America

CFGE-9: Collateral and Corporate Policy
Location: D -107
Chair: Robert Prilmeier, Tulane University

Trademark Collateral and Debt Financing

Zhaoxia Xu

UNSW Business School, Australia

Property Rights and Debt Financing

Paula Suh

University of Georgia, United States of America

Collateral Requirements and Corporate Policy Decisions

Kizkitza Biguri1, Jörg Stahl2

1: BI Norwegian Business School, Norway; 2: Catolica Lisbon School of Business & Economics, Portugal

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Conference: EFA 2019
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