All seminars are from 10:30 a.m. to 12:00 p.m. in Lillis 312 unless indicated.
Fall 2019 Seminars
- October 4, 2019: Russ Wermers (University of Maryland)
- October 18, 2019: Barney Hartmann-Glaser (UCLA)
- November 22, 2019: Cindy Soo (Michigan)
Past Seminars
June 7, 2019: Xiaoyun Yu (Indiana University), Torpedo Your Competition: Strategic Reporting and Peer Firm IPO
May 24, 2019: Juhani Linnainmaa (USC Marshall), Factor Momentum and the Momentum Factor
May 10, 2019: Ron Kaniel (University of Rochester), Relative Pay for Non-Relative Performance: Keeping up with the Joneses with Optimal Contracts
May 3, 2019: Enrichetta Ravina (Northwestern), Investor Ideology
May 18, 2018: Kelly Shue (Yale), Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets
December 1, 2017: Tarik Umar (Rice), Complexity Aversion when Seeking Alpha
November 3, 2017: Xiaoyan Zhang (Purdue), Tracking Retail Investor Activity
October 27, 2017: Diego García (U of Colorado Boulder), The Kinks of Financial Journalism
September 29, 2017: Jay Ritter (U of Florida), Corporate Cash Shortfalls and Financing Decisions
June 2, 2017: Gustavo Manso (Berkeley), Heterogeneous Innovation over the Business Cycle
May 19, 2017: Liu Yang (U of Maryland), Initial Conditions and Firm Growth: Evidence from Birth-Matched IPO and Private Firms
November 11, 2016: Mitchell Petersen (Northwestern), Understanding Precautionary Cash at Home and Abroad
October 14, 2016: David Musto (Wharton), A Simple Model of IPO Underpricing
September 30, 2016: Lauren Cohen (Harvard), Lazy Prices
April 29, 2016: Azi Ben-Rephael (U of Indiana), It Depends on Where You Search: A Comparison of Institutional and Retail Attention
April 22, 2016: Alice Bonaime (U of Arizona), Policy Uncertainty and Mergers and Acquisitions
February 26, 2016: Richard Stanton (Berkeley), Mortgage Loan-Flow Networks and Financial Norms
November 13, 2015: Chris Parsons (UCSD), What's in a (School) Name? Racial Discrimination in Higher Education Bond Markets
November 6, 2015: Jared Stanfield (UNSW), What Does an LBO Signal for the Target's Industry?
October 30, 2015: Jess Cornaggia (Georgetown University), Acquiring Access to Finance
October 9, 2015: Alexander Dyck (U of Toronto), Can Institutional Investors Improve Corporate Governance through Collective Action?
October 2, 2015: Tracy Wang (U of Minnesota), Management Risk and the Cost of Borrowing
September 25, 2015: Neal Stoughton (Vienna University of Economics and Business), An Integrated Model of University Endowments
May 15, 2015: Ed Van Wesep (U of Colorado), The Shape of Cooperative Communication: A Theory of Polite Stock Analysts, Harsh Referees, and Grade Inflation
November 7, 2014: Adair Morse (Berkeley), Asset Manager Funds: Fees and Tactical Beta
October 24, 2014: Kenneth Ahern (USC), Information Networks: Evidence from Illegal Insider Trading Tips
October 10, 2014: Youchang Wu (U of Wisconsin-Madison), Asset Volatility and Financial Policy: Evidence from Corporate Mergers
May 23, 2014: Erik Lie (U of Iowa), Do Stock Options Overcome Managerial Risk Aversion? Evidence from Option Exercises
May 16, 2014: Byoung Hwang (Cornell), Can Short Selling Help Correct Under-pricing?
November 15, 2013: Zoran Ivkovich (Michigan State), What a Difference a Ph.D. Makes: More than Three Little Letters
November 1, 2013: Selale Tuzel (USC), Local Risk, Local Factors, and Asset Prices
October 25, 2013: Francisco Perez-Gonzalez (Stanford), Capital Structure and Taxes: What Happens When You (Also) Subsidize Equity?
October 18, 2013: David Solomon (USC), Looking for Someone to Blame: Delegation, Cognitive Dissonance, and the Disposition Effect
October 4, 2013: Gordon Phillips (USC), Outsourcing Supply Contracts, Human Capital and Firm Financing Decisions
May 31, 2013: Paul Oyer (Stanford University), Exploration for Human Capital: Theory and Evidence from the MBA Labor Market
May 3, 2013: Scott Weisbenner (University of Illinois at Urbana-Champaign), The Investment Behavior of State Pension Plans
April 19, 2013: Chris James (University of Florida), “Bank” Loan Ownership and Troubled Debt Restructurings
November 30, 2012: Joey Engelberg (UCSD), Anchoring and the Cost of Capital
November 16, 2012: Dirk Jenter, (Stanford)CEO Preferences and Acquisitions
October 26, 2012: Yael Hochberg (Northwestern), Partner Selection in Co-Investment Networks: Evidence from Venture Capital
October 12, 2012: Justin Murfin (Yale), Loans on Sale: Credit Market Seasonality, Borrower Need, and Lender Rent Seeking
October 5, 2012: Amit Seru (Chicago), Inconsistent Regulators: Evidence from Banking
May 18, 2012: John Graham (Duke)
May 4, 2012: Josh Rauh (Northwestern)
April 27, 2012: Randall Morck (Alberta)
April 19, 2012: Alon Brav (Duke)
November 11, 2011: Liu Yang (UCLA)
October 21, 2011: Claudia Custodio (Arizona State)*
October 7, 2011: Alex Edmans (Wharton)
November 13, 2009: Ingrid Werner (Ohio State), When Constraints Bind
November 6-7, 2009: Pacific NW Finance Conference (at U. of Washington)
October 30, 2009: Mark Kamstra (York), Time-Varying Preferences and SAD: Support from an Asset Pricing Model
October 20, 2009: First-Year Paper Presentations by Doctoral Students
October 16, 2009: Long Chen (Washington Univ), What Moves Investment?
October 9, 2009: Frank Warnock (Darden and NBER), What Do We Know About US International Investment?
September 8, 2009: Charles Gaa (Oregon), Investor Attention, Hedonism, and the Information Content of Product Market Advertising
May 14, 2009: Erik Stafford (Harvard), Crashes, Collateral, and the Financing of Securities
May 28, 2009: Ayako Yasuda (UC Davis), The Behavior of Intoxicated Investors: The Role of Institutional Investors in Propagating the Crisis of 2007-2008
May 22, 2009: Wayne Ferson (USC), out of sample performance of long-run risk models
May 1, 2009: Matt Spiegel (Yale),Dynamic corporate capital stocks: Cross-sectional and inter-temporal stock return patterns
April 2, 2009: Brad Barber (UC-Davis), Day Trading in Equilibrium
March 18, 2009: Sith Chaisurote (Stanford), Liquidity provision by international institutional investors: evidence from Brazilian privatization
February 10, 2009: Matthias Kahl (UNC), Do firms use commercial paper to enhance financial flexibility?
February 9, 2009: Karin Thorburn (Dartmouth), Markup pricing revisited
Jan 30, 2009: Jerome Taillard (Ohio State), Thriving in the midst of financial distress? An analysis of firms in the exposed to asbestos litigation
January 27, 2009: Ekkehart Boehmer, Short selling and the informational efficiency of pricing
January 24, 2009: Yihui Wang (UNC),>Does credit supply drive the LBO market?
January 19, 2009: Albert Sheen (UCLA), Do public and private firms behave differently? An examination of investment in the chemical industry
November 13, 2008: Lu Zheng (UC-Irvine), Strategy distinctiveness and hedge fund performance
October 16, 2008: Geoff Tate (UCLA), External networking and internal governance
October 2, 2008: Charles Hadlock (Michigan State), Does the KZ index provide a useful measure of financial constraints?
June 6, 2008: Nandini Gupta (Indiana), The Decision to Privatize: Finance, Politics, and Patronage
April 25, 2008: Stefan Ruenzi (Cologne and Univ. of Texas), Why Managers Hold Shares of Their Firms: An Empirical Analysis
April 11, 2008: Pedro Matos (USC), When Banks are Insiders: Evidence from the Global Syndicated Loan Market
November 16, 2007: Simon Gervais (Duke), Overconfidence, Investment Policy, and Manager Welfare
November 9, 2007: Lauren Cohen (Harvard), The Small World of Investing: Board Connections and Mutual Fund Returns
September 28, 2007: Mara Faccio (Purdue), Sudden deaths: Taking stock of geographic ties
June 9, 2007: Berk Sensoy (USC), Performance Evaluation and Self-Designated Benchmark Indexes in the Mutual Fund Industry
April 27, 2007: Michael Cooper (Utah), Corporate Political Contributions and Stock Returns
April 25, 2007: Ro Gutierrez (Oregon), Persistent Performance and Smart Money in Corporate-Bond Mutual Funds
March 9, 2007: Paul Tetlock (Univ. of Texas), More Than Words: Quantifying Language to Measure Firms' Fundamentals
February 9, 2007: Gustavo Manso (MIT), Motivating Innovation
February 8, 2007: Paul Thistle (UNLV), CEO Tenure: the Risk of Termination and Firm Value
October 30, 2006: Michael Weisbach (Illinois), Corporate Financial and Investment Policies when Future Financing is not Frictionless
October 6, 2006: Elizabeth Odders-White (Wisconsin), The Probability and Magnitude of Information Events
May 12, 2006: Stefan Nagel (Stanford), A Skeptical Appraisal of Asset-Pricing Tests
April 21, 2006: Annette Vissing-Jorgensen (Northwestern), Long-Run Stockholder Consumption Risk and Asset Returns
April 7, 2006: Jon Reuter (Oregon), The Rise of Teams in Fund Management
December 2, 2005: Jeff Busse (Emory), Performance Persistence in Institutional Investment Management
November 11, 2005: Diane Denis (Purdue), Earnouts: A Study of Financial Contracting in Acquisition Agreements
May 20, 2005: Deon Strickland (Arizona State), The Determinants of Idiosyncratic Voltility
April 29, 2005: Jennifer Conrad (North Carolina), Basis Assets
May 28, 2004: Amy Dittmar (Michigan), Why do Firms Issue Equity?
May 14, 2004: Antoinette Schoar (MIT), Banking Deregulation and Industry Structure: Evidence from the French Banking Reform of 1985
April 30, 2004: John Chalmers (Oregon), The Benefit of Brokers: A Preliminary Analysis of the Mutual Fund Industry
April 23, 2004: Greg Kadlec (Virginia Tech), Issuer Surplus and the Partial Adjustment of IPO Prices to Public Information
April 9, 2004: Joshua Coval (Harvard), Judging Fund Managers by the Company They Keep
March 12, 2004: Ro Gutierrez (Oregon), Evidence to the Contrary: Weekly Abnormal Returns are Underreactions
March 5, 2004: Jon Reuter (Oregon), The Financial Media, Advertising, and Mutual Fund Investors
February 20, 2004: Stephen Ross (MIT), Compensation, Incentives, and the Duality of Riskiness and Risk Aversion
February 10, 2004: Jeff Pontiff (Boston College), Shares Outstanding and Cross-Sectional Returns
January 30, 2004: Eric Zitzewitz (Stanford), Using Prediction Markets to Evaluate Policy: The Case of the Iraq War
