Program for the 15th Annual Meeting of the Financial Research Association
Bellagio Hotel and Casino
Raphael 2 & 3 Conference Rooms
Saturday, December 8, 2018
12:00 PM Pre-Meeting Coffee
12:20 PM Introductory Remarks
12:30 PM to 1:50 PM Session 1
Chairperson: Wayne Ferson
Venture capital contracts
Authors: Michael Ewens, Alexander Gorbenko, and Arthur Korteweg
Discussant/Presenter: Vincent Glode
Private equity indices based on secondary market transactions
Authors: Brian Boyer, Taylor Nadauld, Keith Vorkink and Michael Weisbach
Discussant/Presenter: Ayako Yasuda
1:50 PM to 2:20 PM Break
2:20 PM to 3:40 PM Session 2
Chairperson: Laura Starks
The madness of crowds and the likelihood of bubbles
Author: Alexander Chinco
Discussant/Presenter: Daniel Andrei
Partisan professionals: evidence from credit rating analysts
Authors: Elisabeth Kempf and Margarita Tsoutsoura
Discussant/Presenter: Stefan Lewellen
3:40 PM to 4:10 PM Break
4:10 PM to 5:30 PM Session 3
Chairperson: Diane Del Guercio
Technological disruptiveness and the evolution of IPOs and sell-outs
Authors: Donald Bowen, Laurent Frésard, and Gerard Hoberg
Discussant/Presenter: Song Ma
Public ownership and the local economy
Authors: Jess Cornaggia, Matt Gustafson, Jason Kotter and Kevin Pisciotta
Discussant/Presenter: Ran Duchin
6:00 PM Wine Tasting — Rí Rá Irish Pub (The Shoppes at Mandalay Place, 3930 S Las Vegas Blvd)
Sunday December 9, 2018
12:30 PM Pre-Meeting Coffee
1:00 PM to 3:00 PM Session 4
Chairperson: Jarrad Harford
Better monitoring … worse productivity?
Author: John Zhu
Discussant/Presenter: Brett Green
Product proliferation as price obfuscation? evidence from the mortgage market
Author: Lu Liu
Discussant/Presenter: Kelly Shue
What do mutual fund investors really care about?
Authors: Itzhak Ben-David, Jiacui Li, Andrea Rossi and Yang Song
Discussant/Presenter: Terrance Odean
3:00 PM to 3:30 PM Break
3.30 PM to 5:00 PM Session 5
Early Ideas Chairperson: Mark Huson
Shaun Davies “ETF flows and exogenous variation in stock prices”
William Gerken “Born to be bad”
Micah Officer “Inside the black Box of private merger negotiations”
Charles Trzcinka “Do activist hedge funds avoid overconfident managers?”
Jeffrey Pontiff “Flows”
Eitan Goldman “Is financial news politically biased?”
6:15 PM Conference Dinner, Joe’s Seafood, Prime Steak & Stone Crab (The Forum Shops at Caesars, 3500 S Las Vegas Blvd)