Program for the 2005 Financial Research Association Meeting

Aladdin Resort and Casino
December 17th and 18th, 2005

Session 1

Social networks, corporate governance and contracting in the mutual fund industry
Author: Camelia M. Kuhnen
Discussant: Diane Del Guercio

Published: Journal of Finance, 2009

Securitization and the declining impact of bank finance on loan supply: Evidence from mortgage acceptance rates
Authors: Elena Loutskina and Philip Strahan
Discussant: Toby Moskowitz

Published: Journal of Finance, 2009

Volatility Information Trading in the Option Market
Authors: Sophie Ni, Jun Pan and Allen M. Poteshman
Discussant: Steven Heston

Published: Journal of Finance, 2008

Session 2

Costly Communication, Shareholder Activism and Limits to Arbitrage 
Authors: Michael Bradley, Alon Brav, Itay Goldstein and Wei Jiang
Discussant: Jarrad Harford

Published: Journal of Financial Economics, 2010 (Lead Article)

Size and focus of a Venture Capitalist’s portfolio
Authors: Paolo Fulghieri and Merih Sevilir
Discussant: Naveen Khanna

Published: Review of Financial Studies, 2009

Wine Tasting–“Wines of Spain,” at Ortanique in the Paris Casino

Session 3

Chairperson: Eliezer Fich

Unobserved actions of mutual funds
Authors: Marcin Kacperczyk, Clemens Sialm and Lu Zheng
Discussant: Roger Edelen 

Published: Review of Financial Studies, 2008 (Lead Article)

A Contrarian view of ownership concentration in the United States and around the world
Authors: Clifford G. Holderness
Discussant: Art Durnev

Published: Review of Financial Studies, 2008 (Lead Article)

Liquidity and Closed-End Funds
Authors: Martin Cherkes, Jacob Sagi and Richard Stanton
Discussant: Matt Spiegel
Published: Review of Financial Studies, 2009

Session 4

Does Asymmetric Information Drive Capital Structure Decisions?
Authors: Sreedhar T. Bharath, Paolo Pasquariello and Guojon Wu
Discussant: Andres Almazan 

Published: Review of Financial Studies, 2009

Pricing Dynamics of Dividend and Non-Dividend Payout Yields: On the Stock Return Predictability
Authors: Qin Lei
Discussant: Wayne Ferson

Published: Currently Unpublished

Dinner–Commander’s Palace in the Desert Passage