Past research seminars

 2016/2017

27 June 2017 - Torben Andersen, Kellogg School of Management, Northwestern University
"Unified Inference for Nonlinear (Latent) Factor Models from Panels with Fixed and Large Time Span" (with Nicola Fusari, Viktor Todorov and Rasmus T Varneskov)

6 June 2017  -  Steve Ongena, University of Zurich (Co-Hosted with the Economics Department)
""Sorry, We're Closed".  Loan Conditions when Bank Branches Close and Firms Transfer to another Bank" (with Diana Bonfim and Gil Nogueira)

24 May 2017  -  Brad Badertscher, University of Notre Dame
"The Positive Effects of Negative Assurance" (with Jaewoo Kim, William Kinney and Edward Owens)

12 May 2017  -  Raymond Kan, University of Toronto
"On the Value of Portfolio Optimization under Estimation Risk: the Case without Risk-free Asset" (with Xiaolu Wang and Guofu Zhou)

28 March 2017  -  Edith Leung, Erasmus University Rotterdam
"Non-GAAP Earnings Disclosure in Loss Firms" (with David Veenman)

17 March 2017  -  Joel Shapiro, University of Oxford
"Blockholder Voting" (with Heski Bar-Isaac)

6 March 2017  -  Gordon Phillips, Dartmouth College, Tuck School of Business, New Hampshire, USA
"Product Integration and Merger Success" (with Gerard Hoberg)
 
3 March 2017  -  Alastair Lawrence, University of California Berkeley
"Investor Reliance on the Crowd" (with James P Ryans, Estelle Y Sun and Akshay Soni)

24 February 2017  -  Richard Taffler, Warwick Business School
"Asset Pricing Bubbles and Investor Emotions: An Empirical Analysis of the 2014-2016 Chinese Stock Market Bubble" (with Chenyang Wang, Linglu Li and Xijuan Bellotti)

17 February 2017  -  Stephen G Ryan, NYU Stern
"The Real Effects of FAS166 and FAS167 (with Yiwei Dou and Biqin Xie)

10 February 2017  -  Karin Thorburn, Norwegian School of Economics
"How Costly is Forced Gender Balancing of Corporate Boards?"

27 January 2017  -  Peter Feldhutter, London Business School
"Leveraged Buyouts and Credit Spreads" (with Yael Eisenthal and Vikrant Vig)

20 January 2017  -  Annita Florou, King's College London
"Public Oversight Design and Audit Quality: Evidence from the EU" (with Yuan Shuai)

   

2015-2016

24 June 2016 - Sudarshan Jayaraman, Simon Business School, University of Rochester
"The Source of Information in Prices and Investment-Price Sensitivity" (with Alex Edmans and Jan Schneemeier)

20 May 2016 - Christian Hofmann, LMU Germany
"Performance Monitoring and Incentive in Hierarchies" (with Raffi J Indjejikian)

13 May 2016 - Ralph De Haas, European Bank
"When Arm's Length is Too Far.  Relationship Lending over the Business Cycle" (with Thorsten Beck, Hans Degryse and Neeltje van Horen)

3 May 2016 - Todd Gormley, Wharton School, University of Pennsylvania
"Standing on the Shoulders of Giants:  The Effect of Passive Investors on Activism" (with Ian R Appel and Donald B Keim)

29 April 2016 - Patrick Verwijmeren, Erasmus University, Rotterdam
"The Buyers' Perspective on Security Design: Hedge Funds and Convertible Bond Call Provisions" (with Bruce D Grundy)

22 April 2016 - Catherine Shakespeare, Ross School of Business, University of Michigan
"Responding to Regulatory Uncertainty: Evidence from Basel III (with Bradley E Hendricks, Jed J Neilson and Christopher D Williams)

11 March 2016 - Leslie Hodder, Kelley School of Business, Indiana University
"Audits and Bank Failure: Do Financial Statement Audits Reduce Losses to Capital Providers?" (with F Jane Barton and Marcy L Shepardson)

4 March 2016 - Stefano Cascino, London School of Economics
"Bankruptcy in Groups" (with W Beaver, M Correia and M McNichols)

26 February 2016 - Allaudeen Hameed, NUS, Singapore
"Dividend Clientele and Return Comovement" (with Jing Xie)

19 February 2016 - Herve Stolowy, HEC Paris
"The Association between Expected Synergies and Post-Acquisition Performance in Cross-Border Mergers and Acquisitions" (with Gerald J Lobo and Luc Paugam)

12 February 2016 - Mauricio Larrain, Columbia University, US
"How Collateral Laws Shape Lending and Sectoral Activity" (with Charles W Calomiris, Jose Liberti and Jason Sturgess)

5 February 2016 - Jannis Bischof, University of Mannheim, Germany
"Why did Politicians Blame Fair Value Accounting during the Financial Crisis?" (with Holger Daske and Christoph Sextroh)

22 January 2016 – Patrick McColgan, University of Strathclyde
"The Structure of Investment Bank Syndicates and the Quality of Bond Underwriting" (with Arthur Krebbers and Andrew Marshall)

11 December 2015 – Martin Schmalz, Michigan University, US
“Bank Competition under Common Owenership”

4 December 2015 – Spencer Martin, Melbourne University
“Birds of a Feather or Agents of Influence? Capital Structure Clustering and Director Network Dynamics” (with André F Gygax, Matthew Hazledine)

25 November 2015 – Mariassunta Giannetti, Stockholm School of Economics
“Board Diversity and Firm Performance Volatility” (with Mengxin Zhao)

20 November 2015 – Nikolaus Hautsch, University of Vienna, Austria
“Estimating the Spot Covariation of Asset Prices – Statistical Theory and Empirical Evidence” (with  Markus Bibinger, Peter Malec and Markus Reiss)

13 November 2015 – Eddie Riedl, Boston University
“What Does Reporting Reputation Buy in the Options Market? The Effect of Reporting Streaks on Ex-Ante Uncertainty” (with Thaddeus Neururer and George Papadakis)

30 October 2015 – Mark Clatworthy, Bristol University
“The Decision Usefulness of Financial Accounting Information: An Experimental Interview Study of Institutional Investors” (with Stefano Cascino, Beatriz García Osma and Joachim Gassen, Shahed Imam and Thomas Jeanjean)

 

2014-2015

26 June 2015  -  Steven Ongena, University of Zurich
"A Global Lending Channel Unplugged? Does US Monetary Policy Affect Cross-border and Affiliate Lending by Global US Banks" (with Judit Temesvary and Ann L Owen)

19 June 2015  -  Fabio Braggion, Tilburg University
"International Liquidity Shocks, the Real Economy, and Social Unrest: China, 1931-1935" (with Alberto Manconi and Haikun Zhu)

12 June 2015  -  Anne Beatty, Ohio State University
"Does Loan Loss Provision Timeliness Affect the Accuracy, Informativeness, and Predictability of Analyst Provision Forecasts?" (with Scott Liao)

5h June 2015  -  Dimitris Andriosopoulos, University of Strathclyde
"To Overpay or Underpay? Payout Policy, Financial Distress and Investor Horizons" (with Amedeo De Cesari and Konstantinos Stathopoulos)

 
22 May 2015  -  Kai Li, University of British Columbia Canada
"Do Director Elections Matter?" (with Vyacheslav Fos and Margarita Tsoutsoura)

8 May 2015  -  Stephen Penman, Columbia University
"Connecting Book Rate of Return to Risk: The Information Conveyed by Conservative Accounting" (with Xiao-Jun Zhang)

17 April 2015  -  Linda Ann Myers, University of Arkansas
"Do Consulting Revenues Affect Audit Quality? Evidence from the Post-SOX Era" (with Ling Lei Lisic, Robert Pawlewicz and Timothy A Seidel)

13 March 2015 - Gopal Krishnan, American University, US
"What Client and Auditor Attributes are Associated with Audit Adjustments?" 

6 March 2015 - Hans B Christensen, Chicago University
"The Effect of Regulatory Harmonization on Cross-border Labor Migration: Evidence from the Accounting Profession" (with Matthew J Bloomfield, Ulf Bruggemann and Christian Leuz)

27 February 2015 - Asger Lunde, Aarhus Universitet, Denmark
"Volatility and Firm Specific News Arrival" (with Robert F Engle and Martin Klint Hansen)

20 February 2015 - Peter Ove Christensen, Copenhagen Business School, Denmark
"Public Information and Efficient Capital Investments: Implications for the Cost of Capital and Firm Values" (with Hans Frimor)

13 February 2015 - Alberto Manconi, Tilburg University, Nertherlands
"Learning and Synergies in Financial Markets: Evidence from Financial M&As" (with Mancy Luo and David Schumacher)

6 February 2015 - David Veredas, Universite Libre de Bruxelles
"The Emergence of Systemically Important Insurers" (with Mardi Dungey and Matteo Luciani)
 

30 January 2015 - Torben Andersen, Northwestern University, US
"High-Frequency Trading Invariants for Equity-Index Futures" (with Oleg Bondarenko, Albert S Kyle and Anna Obizhaeva)

23 January 2015 - Ana Albuquerque, Boston University
"Do Boards Exercise Discretion to Reduce Costly Ex Post Settling Up? (with Bingyi Chen, Qi (Flora) Dong and Edward J Riedl)

16 January 2015 - Huainan Zhao, Cranfield University
"Financial Leverage and Employee Death: Evidence from China's Coalmining Industry" (with Huihua Nie)

5 December 2014 - Thorsten Sellhorn, University of Munich
"Recognition Versus Disclosure of Fair Values"

28 November 2014 - Norvald Instefjord, Essex University
"Loan Monitoring and Bank Risk" (with Hiroyuki Nakata)

21 November 2014 – Gaika Ormazabal Sanchez, IESE Business School, Spain
"Prosecuting Price-Fixing Cartels: The Role of Independent Directors"
(with Murillo Campello and Daniel Ferres)

14 November 2014 – Bruce Grundy, Melbourne University
"Can Socially Responsible Firms Survive Competition? An Analysis of
Corporate Employee Matching Grants"

31 October 2014 – Holger Daske, University of Mannheim, Germany
"A Tale of Two Regulators: Risk Disclosures, Liquidity, and Enforcement in
the Banking Sector"

17 October 2014 – Stephen Brown, New York University
"Betting Against Beta or Demand for Lottery" (with Turan G Bali,
Scott Murray and Yi Tang)

10 October 2014 – Robert Korajczyk, Northwestern University, US
"Horizon Pricing" (with Avraham Kamara, Xiaoxia Lou and Ronnie Sadka)

 

2013-14

27 June 2014 - Xin Chang, Nanyang Technological University, Singapore
“Patents and Productivity Growth: Evidence from Global Patent Awards” (with R David McLean, Bohui Zhang and Wenrui Zhang)

13 June 2014 - Valeri Nikolaev, University of Chicago
“Deflating Profitability” (with Ray Ball, Joseph Gerakos, and Juhani T Linnainmaa)

6 June 2014 - Daniel W Collins, University of Iowa, USA
"Financial Statement Comparability and the Efficiency of Acquisition Decisions" (with Ciao-Wei Chen, Todd Kravet and Rick Mergenthaler)

30 May 2014 - Lisa Goh, London School of Economics
“Compensation disclosure, say on pay, and the disappearance of executives from boards of directors” (with Yasmine Chahed)

16 May 2014 - Hening Liu, Manchester Business School
“Growth Uncertainty, Generalised Disappointment Aversion and Production-based Asset Pricing” (with Jianjun Miao)

9 May 2014 - John Campbell, Harvard University, USA
"Monetary Policy Drivers of Bond and Equity Risks" (with C Pflueger and LM Viceira)

7 March 2014  -  Laura Delaney, City University
“The Impact of Voluntary Disclosure on a Firm’s Investment Policy” (with Jacco JJ Thijssen)

21 February 2014 - Soosung Hwang, Sungkyunkwan University, Seoul, Korea 
“Overconfidence, Ambiguity Aversion, and Excess Arbitrage Trading” (with Min Hwang and Sanha Noh)

31 January 2014 - Enrique Schroth, Cass Business School
"Debt Negotiation and Investment Decisions Across Countries" (with Giovanni Favara, Erwan Morellec and Philip Valta)

6 December 2013 - Linda Ann Myers, Univesity of Arkansas, USA
“The Effect of Media Characteristics on Analyst Forecast Properties: Cross-Country Evidence”

22 November 2013 - David Veenman, Erasmus University, Rotterdam
“The Role of Earnings Forecast Uncertainty in Explaining Zero and Small Positive Earnings Surprises” (with Sanjay Bissessur)

8 November 2013 - Simi Kedia, Ruthers University, USA
"Did Going Public Impair Moody's Credit Ratings?" (with Shivaram Rajgopal and Xing Zhou)

1 November 2013 - Elizabeth Whalley, Warwick Business School
"Future Option Grants"

25 October 2013 - Chris Nobes, Royal Holloway, University of London
"The Effects of IFRS Adoption on Cross-Country Variation in Book-Tax Conformity" (with Erlend Kvaal)

18 October 2013  -  Martin Jacob, WHU-Otto Beisheim School of Management DE
"Payout Policies of Privately Held Firms: Flexibility and the Role of Income Taxes" (with Annette Alstadsaeter)

11 October 2013 - Marcin Kacperczyk, Imperial College London 
"Do Security Analysts Discipline Credit Rating Agencies?" (with Kingsley Fong, Harrison Hong and Jeffrey D Kubik)