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)