The symposium consists of nine high quality papers in the broad area of
corporate finance theory
Cambridge – Corporate Finance Theory Symposium
19th-20th September 2014
Programme
All sessions take place in
Lecture Theatre 3, Cambridge Judge Business School,
Trumpington Street, Cambridge, CB2 1AG
Attendance is by invitation or prior registration only. Due to limited places, please register with admin@cerf.cam.ac.uk by 1 September 2014
Friday 19th September
|
13:00 |
Registration and Buffet Lunch, Common Room, Cambridge Judge Business School |
|
14:00 |
Welcome
Bart Lambrecht (CERF, Cambridge Judge Business School and CEPR) Session 1 – chair: Grzegorz Pawlina
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|
14:10 |
Activist Funds, Leverage, and Procyclicality Mike Burkart (Stockholm School of Economics) and Amil Dasgupta (London School of Economics) Presentation Slides Discussant: Giacinta Cestone (Cass Business School) |
|
15:00
15:50 |
Ownership Structure, Organizational Reform and Corporate Reputations Thomas Noe (Saïd Business School), Michael J. Rebello (University of Texas at Dallas) and Thomas Rietz (University of Iowa) Discussant: Amil Dasgupta (London School of Economics) Coffee, Common Room, Cambridge Judge Business School |
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16:15 |
Incentives for Information Production in Markets Where Prices Affect Real Investment James Dow (London Business School), Itay Goldstein (University of Pennsylvania) and Alexander Guembel (Toulouse School of Economics) Discussant: Rohit Rahi (London School of Economics) |
Saturday 20th September
|
08:45 |
Coffee, Common Room, Cambridge Judge Business School |
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Session 3 – chair: Bart Lambrecht |
|
09:00 |
Patrick Bolton (Columbia University), Hui Chen (MIT Sloan School of Management) and Neng Wang (Columbia Business School) Discussant: Christian Riis Flor (University of Southern Denmark) |
|
09:50 |
How Effectively Can Debt Covenants Alleviate Financial Agency Problems? Andrea Gamba (Warwick Business School) and Alexander Triantis (University of Maryland) Presentation Slides Discussant: Grzegorz Pawlina (Lancaster University Management School)
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10:40 |
Coffee, Common Room, Cambridge Judge Business School
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11:00 |
The Corporate Finance of Banks and Firms (based on : Deposits and Bank Capital Structure) KEYNOTE speaker: Franklin Allen (Imperial College Business School)
Session 4 – chair: Grzegorz Pawlina |
|
11:50 |
Strategic Decertification in Venture Capital Pierre Mella-Barral (EDHEC Business School) and Vijay Vaidyanathan (EDHEC Risk Institute) Presentation Slides Discussant: Gilles Chemla (Imperial College Business School) |
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12:40 |
Buffet Lunch, Common Room, Cambridge Judge Business School
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Session 5 – chair: Bart Lambrecht
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14:00 |
Government as Borrower of First Resort Gilles Chemla (Imperial College) and Christopher Hennessy (London Business School) Discussant: Joel Shapiro (Saïd Business School) |
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15:00 |
Alex Edmans (London Business School) and William Mann (Anderson School at UCLA) Discussant: Farzad Saidi (Cambridge Judge Business School)
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15:50
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Means of Payment and Timing of Mergers and Acquisitions in a Dynamic Economy Alexander Gorbenko (London Business School) and Andrey Malenko (MIT Sloan School of Management) Presentation Slides Discussant: Sebastian Gryglewicz (Erasmus University Rotterdam)
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| Symposium organizers:
Bart Lambrecht (CERF, Cambridge Judge Business School and CEPR) Grzegorz Pawlina (Lancaster University Management School)
Sponsor: Cambridge Endowment for Research in Finance (CERF)
Organized in collaboration with the CEPR |