2011

Saturday December 17, 2011

12:30 PM Pre-Meeting Coffee

1:00 PM Introductory Remarks

1:10 PM to 3:10 PM Session 1

Chairperson: Hassan Tehranian

Financial Market Dislocations
Author: Paolo Pasquariello
Discussant/Presenter: Jules Van Binsbergen

Why do IPO firms have Takeover Defenses?
Authors: William Johnson, Jonathan Karpoff, and Sangho Li
Discussant/Presenter: Michelle Lowry

Contracting with Synergies
Authors: John Yiran Zhu, Alex Edmans, and Itay Goldstein
Discussant/Presenter: William Fuchs

3:10 PM to 3:40 PM Break

3:40 PM to 5:00 PM Session 2

Chairperson: Micah Officer

Opacity, Credit Rating Shopping and Bias
Authors: Francesco Sangiorgi and Chester Spatt
Discussant/Presenter: Gunter Strobl

The Growth and Limits of Arbitrage: Evidence from Short Interest
Authors: Sam Hanson and Adi Sunderam
Discussant/Presenter: Jonathan Lewellen

Wine Tasting-Oregon Pinot-China Grill

The tasting will occur immediately after session 2.

Sunday December 18, 2011

12:30 PM Pre-Meeting Coffee

1:00 PM to 3:00 PM Session 3

Chairperson: Mark Huson

Losing sight of the treees for the forest? Pairs trading and attention shifts
Authors: Heiko Jacobs and Martin Weber
Discussant/Presenter: Paul Tetlock

Cross-Sectional Asset Pricing with Individual Stocks
Authors: Tarun Chordia, Amit Goyal, and Jay Shanken
Discussant/Presenter: Wayne Ferson

Contagious Capital: A Network Analysis of Interconnected Intermediaries
Authors: Jesse Blocher
Discussant/Presenter: Rick Sias

3:00 PM to 3:30 PM Break

3.30 PM to 5:00 PM Session 4: Audiance Feedback on Early Ideas

Chairperson: Robert Parrino

Matt Cain – Empirical Evidence on M&A Negotiations

Yong Chen – The Role of Hedge Funds in the Security Price Formation Process

Peggy Huang – Executive Severance Contracts

David McLean  – The Observer Effect: Does Publication Destroy Return Predictability?

Darius Miller – Replacement of Poorly Performing CEOs: Private vs. Public Firms

Jay Wang – Leverage Decisions in Portfolio Management

6:00 PM Dinner-Mix