Program
FRIDAY 9 June, 2017 |
||
Session: Overview |
||
| 09.00-09:30 | Institutional Investors and Corporate Governance – The Theory Amil Dasgupta (London School of Economics) |
|
| 09:30-10.00 | Institutional Investors and Corporate Governance – The Empirics Zach Sautner (Frankfurt School of Finance and Management) |
|
| 10.00-10.30 | Coffee | |
Session: Common Ownership |
||
| 10.30-11.30 | The Effect of Diversification on Price Informativeness and Asset Values Alex Edmans (London Business School) Doron Levit (Wharton), and Devin Reilly (Analysis Group) Discussant: Ernst Maug (University of Mannheim) Paper |
|
| 11.30-12.30 | Common Ownership, Competition, and Top Management Incentives Miguel Antón (IESE Business School), Florian Ederer (Yale), Mireia Giné (IESE Business School), and Martin Schmalz (University of Michigan) Discussant: Laurent Bach (Stockholm School of Economics & SHoF) |
|
| 12.30-13.30 | Lunch | |
Session: Interactions amongst Blockholders |
||
| 13.30-14.30 | Wolf Pack Activism Alon Brav (Duke), Amil Dasgupta (London School of Economics), and Richmond Mathews (University of Maryland) Discussant: Doron Levit (Wharton) |
|
| 14.30-15.30 | Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism Ian Appel (Boston College), Todd Gormley (Olin Business School), Donald B. Keim (Wharton) Discussant: Rüdiger Fahlenbrach (Swiss Finance Institute) Paper |
|
| 15.30-16.00 | Coffee | |
Session: Competition for Flow |
||
| 16.00-17.00 | Blockholder Short-Term Incentives, Structures, and Governance Fenghua Song (Pennsylvania State University) Discussant: Jing Zeng (Frankfurt School of Finance and Management) Paper |
|
| 17.00-18.00 | Venture Capital and Capital Allocation Giorgia Piacentino (Olin Business School) Discussant: Hongda Zhong (London School of Economics) |
|
| 19.00 | Drinks & Dinner | |
SATURDAY 10 June, 2017 |
||
Session: Influences on Institutional Investors |
||
| 09.30-10.30 | Influence of Public Opinion on Investor Voting and Proxy Advisors Reena Aggarwal (Georgetown University), Isil Erel (Ohio State University), and Laura Starks (University of Texas at Austin) Discussant: Per Stromberg (Stockholm School of Economics & SHoF) |
|
| 10.30-11.00 | Coffee | |
Session: How to Govern |
||
| 11.00-12.00 | Activism, Strategic Trading, and Liquidity Kerry Back (Rice University), Slava Fos (Boston College), Pierre Collin-Dufresne (Swiss Finance Institute), Tao Li (City University of Hong Kong), and Alexander Ljungquist (Stern School of Business & SHoF) Discussant: Kostas Zachariadis (Queen Mary University of London) |
|
| 12.00-13.00 | Activism and Takeovers Mike Burkart (London School of Economics & SHoF) and Samuel Lee (Santa Clara University & SHoF) Discussant: Clemens Otto (HEC Paris) |
|
| 13.00 | Lunch & End | |