Program for the 2010 Financial Research Association Meeting
December 18th and 19th, 2010
Location Mariners A and Mariners B
Mandalay Bay Conference Center
Saturday December 18, 2010
12:30 PM Pre-Meeting Coffee
1:00 PM Introductory Remarks
1:10 PM to 3:10 PM Session 1
Chairperson: Hassan Tehranian
Technological Progress, Industry Rivalry, and Stock Returns
Authors: Jan Bena and Lorenzo Garlappi
Discussant/Presenter: Dimitris Papanikolaou
CEO Contract Horizon and Investment
Author: Moqi Xu
Discussant/Presenter: Jay Hartzel
Divisional Managers and Internal Capital Markets
Authors: Ran Duchin and Denis Sosyura
Discussant/Presenter: Joey Engelberg
3:10 PM to 3:40 PM Break
3:40 PM to 5:00 PM Session 2
Chairperson: Micah Officer
Corporate Leverage, Debt Maturity and Credit Default Swaps: The Role of Credit Supply
Author: Alessio Saretto and Heather Tookes
Discussant/Presenter: Michael Faulkender
Capitalizing on Capitol Hill: Informed Trading by Hedge Fund Managers
Authors: Jiekun Huang and Meng Gao
Discussant/Presenter: Andrea Frazzini
Wine Tasting–2007 Châteauneuf-du-Pape, China Grill , at Mandalay Place. The tasting will occur immediately after session 2.
Sunday December 19, 2009
12:30 PM Pre-Meeting Coffee
1:00 PM to 3:00 PM Session 3
Chairperson: Eli Fich
Asset Trading and News in Markets with Asymmetric Information
Author: Brett Green and Brendan Daley
Discussant/Presenter: Chester Spatt
Local investors, price discover and market efficiency
Author: Sophie Shive
Discussant/Presenter: Mark Seasholes
Explicit / implicit contracts with non-financial stakeholders and corporate capital structure: The case of product warranties
Author: Jayant Kale, Costanza Menegetti, and Husayn Shahrur
Discussant/Presenter: Vojislav Maksimovic
3:00 PM to 3:30 PM Break
3.30 PM to 5:00 PM Session 4
Chairperson: Robert Parrino
Bruce Carlin – Optimal Regulation of Financial Products
Neil Pearson – The Chinese Warrants Bubble
Lukasz Pomorski – Liquidity Premiums in the Options Market
Sebastien Betermier – The Equity Premium and Household Stock Ownership
Gavin Cassar – Contracting in the Sale of Privately-Held Businesses
Hayong Yun – The Impact of Government Spending on Firms’ Cash Flow Risk
6:00 PM Dinner-Mix