Summary of All Sessions |
|---|
| Session ID code | Date/Time | Title | Papers |
|---|---|---|---|
| 1 | March 18, 2021 8:00-10:00 | Bonds | 4 |
| 2 | March 18, 2021 8:00-10:00 | Asset Pricing | 3 |
| 3 | March 18, 2021 8:00-10:00 | Behavioral Finance | 4 |
| 4 | March 18, 2021 8:00-10:00 | Institutional Investors | 4 |
| 5 | March 18, 2021 8:00-10:00 | Fintech | 3 |
| 6 | March 18, 2021 8:00-10:00 | Corporate Finance | 4 |
| 7 | March 18, 2021 8:00-10:00 | Mergers and Acquisitions | 3 |
| 8 | March 18, 2021 8:00-10:00 | Short Selling | 4 |
| 9 | March 18, 2021 8:00-10:00 | CSR | 3 |
| 10 | March 18, 2021 8:00-10:00 | Banking | 4 |
| 11 | March 18, 2021 8:00-10:00 | International Finance | 4 |
| 12 | March 18, 2021 8:00-10:00 | Corporate Governance | 3 |
| 37 | March 18, 2021 10:15-11:45 | Banking 2 | 3 |
| 15 | March 18, 2021 10:15-11:45 | Behavioral Finance 2 | 3 |
| 16 | March 18, 2021 10:15-11:45 | Corporate Finance 2 | 3 |
| 20 | March 18, 2021 10:15-11:45 | Corporate Finance 3 | 4 |
| 17 | March 18, 2021 10:15-11:45 | Cryptocurrencies | 3 |
| 21 | March 18, 2021 10:15-11:45 | ESG | 3 |
| 24 | March 18, 2021 10:15-11:45 | Law and Finance | 3 |
| 22 | March 18, 2021 10:15-11:45 | Lending | 3 |
| 19 | March 18, 2021 10:15-11:45 | Mergers and Acquisitions 2 | 3 |
| 14 | March 18, 2021 10:15-11:45 | Mutual Funds | 3 |
| 23 | March 18, 2021 10:15-11:45 | Technical Trading | 3 |
| 29 | March 18, 2021 12:00-13:30 | Asset Pricing 2 | 3 |
| 25 | March 18, 2021 12:00-13:30 | Banking 3 | 3 |
| 30 | March 18, 2021 12:00-13:30 | Corporate Restructuring | 3 |
| 26 | March 18, 2021 12:00-13:30 | Cross-sectional Models | 3 |
| 33 | March 18, 2021 12:00-13:30 | CSR 2 | 3 |
| 28 | March 18, 2021 12:00-13:30 | Executive Compensation | 3 |
| 32 | March 18, 2021 12:00-13:30 | Finance and Politics | 3 |
| 31 | March 18, 2021 12:00-13:30 | Insider Trading | 3 |
| 27 | March 18, 2021 12:00-13:30 | Investments | 3 |
| 35 | March 18, 2021 12:00-13:30 | Mutual Funds Performance | 3 |
| 34 | March 18, 2021 12:00-13:30 | Takeovers | 3 |
| 13 | March 18, 2021 13:45-15:15 | Banking 4 | 3 |
| 41 | March 18, 2021 13:45-15:15 | Crowdfunding and Loans | 3 |
| 45 | March 18, 2021 13:45-15:15 | CSR 3 | 3 |
| 46 | March 18, 2021 13:45-15:15 | Derivatives | 3 |
| 48 | March 18, 2021 13:45-15:15 | Financial Markets | 3 |
| 44 | March 18, 2021 13:45-15:15 | Foreign Exchange | 3 |
| 39 | March 18, 2021 13:45-15:15 | International Finance 2 | 3 |
| 47 | March 18, 2021 13:45-15:15 | Investments 2 | 3 |
| 40 | March 18, 2021 13:45-15:15 | Managerial Compensation | 3 |
| 43 | March 18, 2021 13:45-15:15 | Microstructure | 3 |
| 38 | March 18, 2021 13:45-15:15 | Mutual Funds 2 | 3 |
| 42 | March 18, 2021 13:45-15:15 | Real Estate | 3 |
| 50 | March 18, 2021 15:30-17:00 | Asset Pricing and Macrofinance | 4 |
| 49 | March 18, 2021 15:30-17:00 | Banking 5 | 3 |
| 54 | March 18, 2021 15:30-17:00 | CEOs | 3 |
| 57 | March 18, 2021 15:30-17:00 | CSR 4 | 3 |
| 56 | March 18, 2021 15:30-17:00 | Currencies | 3 |
| 58 | March 18, 2021 15:30-17:00 | Derivatives 2 | 3 |
| 59 | March 18, 2021 15:30-17:00 | Law and Finance 2 | 4 |
| 60 | March 18, 2021 15:30-17:00 | Microstructure 2 | 3 |
| 52 | March 18, 2021 15:30-17:00 | Payout and Innovation | 3 |
| 55 | March 18, 2021 15:30-17:00 | Real Estate 2 | 3 |
| 51 | March 18, 2021 15:30-17:00 | Sentiment | 3 |
| 62 | March 19, 2021 8:00-10:00 | Asset pricing 4 | 3 |
| 61 | March 19, 2021 8:00-10:00 | Banking 6 | 4 |
| 63 | March 19, 2021 8:00-10:00 | Behavioral Finance 3 | 3 |
| 65 | March 19, 2021 8:00-10:00 | Corporate Finance 4 | 4 |
| 68 | March 19, 2021 8:00-10:00 | Corporate Finance 5 | 4 |
| 64 | March 19, 2021 8:00-10:00 | Corporate Governance 2 | 4 |
| 66 | March 19, 2021 8:00-10:00 | Credit risk | 4 |
| 69 | March 19, 2021 8:00-10:00 | CSR 5 | 3 |
| 70 | March 19, 2021 8:00-10:00 | Derivatives 3 | 3 |
| 71 | March 19, 2021 8:00-10:00 | International Finance and Commodities | 4 |
| 67 | March 19, 2021 8:00-10:00 | Investment Strategies | 3 |
| 72 | March 19, 2021 8:00-10:00 | Personal Finance | 3 |
| 82 | March 19, 2021 10:15-11:45 | Asset Pricing 5 | 3 |
| 78 | March 19, 2021 10:15-11:45 | CEOs 2 | 3 |
| 84 | March 19, 2021 10:15-11:45 | Corporate Finance 6 | 3 |
| 79 | March 19, 2021 10:15-11:45 | COVID-19 Impact | 3 |
| 76 | March 19, 2021 10:15-11:45 | Innovations | 3 |
| 75 | March 19, 2021 10:15-11:45 | Investor Relations | 4 |
| 77 | March 19, 2021 10:15-11:45 | Macro Finance 2 | 3 |
| 83 | March 19, 2021 10:15-11:45 | Negative Interest Rates Panel Session | 0 |
| 81 | March 19, 2021 10:15-11:45 | Productivity | 3 |
| 74 | March 19, 2021 10:15-11:45 | Real Estate 3 | 3 |
| 107 | March 19, 2021 10:15-11:45 | Teaching Finance During a Pandemic Panel Session: Best Practices for Teaching and Assessment | 0 |
| 95 | March 19, 2021 13:45-15:15 | Banking 7 | 3 |
| 96 | March 19, 2021 13:45-15:15 | Corporate Finance 7 | 3 |
| 90 | March 19, 2021 13:45-15:15 | Credit | 3 |
| 87 | March 19, 2021 13:45-15:15 | Entrepreneurial Finance | 3 |
| 92 | March 19, 2021 13:45-15:15 | Finance and Politics 2 | 4 |
| 88 | March 19, 2021 13:45-15:15 | Financial Accounting | 3 |
| 91 | March 19, 2021 13:45-15:15 | Financial Education | 3 |
| 85 | March 19, 2021 13:45-15:15 | Natural Disasters | 3 |
| 86 | March 19, 2021 13:45-15:15 | Real Estate 4 | 3 |
| 89 | March 19, 2021 13:45-15:15 | Sovereign Debt and CDS | 3 |
| 94 | March 19, 2021 13:45-15:15 | Trading | 3 |
| 97 | March 19, 2021 15:30-17:00 | IPOs | 3 |
| 108 | March 19, 2021 15:30-17:00 | Doctoral Student Panel: Navigating the Early Career | 0 |
| 99 | March 19, 2021 15:30-17:00 | Investments 3 | 3 |
| 106 | March 19, 2021 15:30-17:00 | Portfolio Management | 3 |
| 105 | March 19, 2021 15:30-17:00 | Finance and Politics 3 | 3 |
| 104 | March 19, 2021 15:30-17:00 | Competition | 3 |
| 103 | March 19, 2021 15:30-17:00 | Insurance | 4 |
| 102 | March 19, 2021 15:30-17:00 | Working Capital Management | 3 |
| 101 | March 19, 2021 15:30-17:00 | Fintech 2 | 4 |
| 98 | March 19, 2021 15:30-17:00 | Corporate Finance 8 | 4 |
| 109 | March 19, 2021 15:30-17:00 | Special Session: Best Papers from the 2020 Meeting | 0 |
102 sessions, 315 papers, and 19 presentations with no associated papers |
|---|
Southwestern Finance Association 2021 Annual Meeting |
|---|
Detailed List of Sessions |
| Session ID 1: Bonds March 18, 2021 8:00 to 10:00 |
|---|
| Session Chair: Artem Malinin, FLORIDA ATLANTIC UNIVERSITY |
| Crowding Out Bank Loans: Liquidity-Driven Bond Issuance |
| By Olivier Darmouni; Columbia University Kerry Siani; Columbia University |
| presented by: Olivier Darmouni, Columbia University |
| Discussant: Daniel Tortorice, College of the Holy Cross |
| A Theory of Social Impact Bonds |
| By Daniel Tortorice; College of the Holy Cross |
| presented by: Daniel Tortorice, College of the Holy Cross |
| Discussant: Mohammad Hasan, Doane University |
| Sovereign Debt Maturity Structure and Dilution |
| By Mohammad Hasan; Doane University Rajesh Singh; Iowa State University |
| presented by: Mohammad Hasan, Doane University |
| Discussant: Aaron Rosenblum, University of Wyoming |
| Debt Covenants across Public and Private Debt: The Role of Corporate Taxes, Bankruptcy and Agency Conflicts |
| By Siamak Javadi; University of Texas Rio Grande Valley Ali Nejadmalayeri; University of Wyoming Aaron Rosenblum; University of Wyoming |
| presented by: Aaron Rosenblum, University of Wyoming |
| Discussant: Olivier Darmouni, Columbia University |
| Session ID 2: Asset Pricing March 18, 2021 8:00 to 10:00 |
| Session Chair: Georgios Koimisis, Manhattan College |
| Is There a Macro-Announcement Premium? |
| By Mohammad Ghaderi; University of Houston Sang Byung Seo; University of Wisconsin-Madison |
| presented by: Mohammad Ghaderi, University of Houston |
| Discussant: Xinyang Li, Boston University |
| Bond Implied Risks Around Macroeconomic Announcements |
| By Xinyang Li; Boston University |
| presented by: Xinyang Li, Boston University |
| Discussant: Beata Gafka, Oxford University |
| The Brexit Premium |
| By Beata Gafka; Oxford University |
| presented by: Beata Gafka, Oxford University |
| Discussant: Mohammad Ghaderi, University of Houston |
| Session ID 3: Behavioral Finance March 18, 2021 8:00 to 10:00 |
| Session Chair: Taylan Mavruk, University of Gothenburg |
| Mutual Fund Shareholder Letter Tone and Investors' Response - Does Gender Matter? |
| By Linda Klingler; University of Hohenheim Tobias Teichmann; University of Hohenheim |
| presented by: Linda Klingler, University of Hohenheim |
| Discussant: Renee Oyotode -Adebile, Northwest Missouri State University |
| Are socially conscious investors affected by gender stereotyping? Evidence from mutual funds flows |
| By Renee Oyotode -Adebile; Northwest Missouri State University |
| presented by: Renee Oyotode -Adebile, Northwest Missouri State University |
| Discussant: Stephanie Hoskins, LSU |
| A Textual Analysis of Gender Differences in Earnings Call Transcripts |
| By Stephanie Hoskins; LSU |
| presented by: Stephanie Hoskins, LSU |
| Discussant: Wei Zhang, California State University, Chico |
| ANCHORING AND RISK FACTORS |
| By Levon Goukasian; Pepperdine University Jian Huang; California State University, Chico Qingzhong Ma; California State University, Chico Wei Zhang; California State University, Chico |
| presented by: Wei Zhang, California State University, Chico |
| Discussant: Linda Klingler, University of Hohenheim |
| Session ID 4: Institutional Investors March 18, 2021 8:00 to 10:00 |
| Session Chair: Emmanouil Platanakis, University of Bath, School of Management, UK |
| Institutional Trading on Information Diffusion across Fundamentally Related Firms |
| By Jie Ying; Southern Illinois University Edwardsville |
| presented by: Jie Ying, Southern Illinois University Edwardsville |
| Discussant: Julian Vogel, The University of Texas at El Paso |
| Are Institutional Investors Good Followers? – Twitter and the Voluntary Disclosure Effect |
| By Julian Vogel; The University of Texas at El Paso |
| presented by: Julian Vogel, The University of Texas at El Paso |
| Discussant: Daniel Huerta, Florida Gulf Coast University |
| Institutional Ownership and REIT Acquisitions |
| By Daniel Huerta; Florida Gulf Coast University Thanh Ngo; East Carolina University Mark Pyles; College of Charleston |
| presented by: Daniel Huerta, Florida Gulf Coast University |
| Discussant: Andrew Weinberger, Central CT State |
| The Role of Institutional Investors in Pension Risk Transfers |
| By Mary McCarthy; Central Connecticut State University Elisabeta Pana; Central Connecticut State University Andrew Weinberger; Central CT State |
| presented by: Andrew Weinberger, Central CT State |
| Discussant: Jie Ying, Southern Illinois University Edwardsville |
| Session ID 5: Fintech March 18, 2021 8:00 to 10:00 |
| Session Chair: George Tian, University of Houston |
| Cryptocurrencies are for daring investors |
| By Ivilina Popova; Texas State University San Marcos |
| presented by: Ivilina Popova, Texas State University San Marcos |
| Discussant: Peter Zimmerman, Federal Reserve Bank of Cleveland |
| Ride the Lightning: Turning Bitcoin into money |
| By Anantha Divakaruni; University of Bergen Peter Zimmerman; Federal Reserve Bank of Cleveland |
| presented by: Peter Zimmerman, Federal Reserve Bank of Cleveland |
| Discussant: George Tian, University of Houston |
| Emergence of Non-Speculative Demand for Bitcoin: Learning about Stochastic Correlations with Stock Markets |
| By George Tian; University of Houston James Yae |
| presented by: George Tian, University of Houston |
| Discussant: Ivilina Popova, Texas State University San Marcos |
| Session ID 6: Corporate Finance March 18, 2021 8:00 to 10:00 |
| Session Chair: Ruixiang Wang, University of Missouri |
| Equity vs Debt: Revisiting Financing Choices in Corporate Divestitures |
| By Tahsina Haque Simu; University of Texas at El Paso |
| presented by: Tahsina Haque Simu, University of Texas at El Paso |
| Discussant: nima vafai, The University of Texas At Arlington |
| How do investors perceive the optimal capital structure? Evidence from industry-specific risk factors |
| By nima vafai; The University of Texas At Arlington |
| presented by: nima vafai, The University of Texas At Arlington |
| Discussant: Ran Duan, University of Rochester |
| Patent trolls and capital structure decisions in high-tech firms |
| By Ran Duan; University of Rochester |
| presented by: Ran Duan, University of Rochester |
| Discussant: Gennaro Bernile, university of miami |
| Exchange-listed Options and Corporate Policies |
| By Gennaro Bernile; university of miami Jianfeng Hu; Singapore Management University Guangzhong Li; Sun Yat-sen University Roni Michaely; University of Geneva |
| presented by: Gennaro Bernile, university of miami |
| Discussant: Tahsina Haque Simu, University of Texas at El Paso |
| Session ID 7: Mergers and Acquisitions March 18, 2021 8:00 to 10:00 |
| Session Chair: Dipali Krishnakumar, National Institute of Bank Management |
| The Impact of Horizontal Mergers on Supplier’s Cash Holdings |
| By Chao Wei; University of Texas at El Paso |
| presented by: Chao Wei, University of Texas at El Paso |
| Discussant: Tina Oreski, Swiss Finance Institute and USI Lugano |
| Strategic alignment in mergers and acquisitions |
| By Tina Oreski; Swiss Finance Institute and USI Lugano |
| presented by: Tina Oreski, Swiss Finance Institute and USI Lugano |
| Discussant: Yunan Li, City University of Hong Kong |
| Security-bid auctions with information acquisition |
| By Zongbo Huang; The Chinese University of Hong Kong, SZ Yunan Li; City University of Hong Kong |
| presented by: Yunan Li, City University of Hong Kong |
| Discussant: Chao Wei, University of Texas at El Paso |
| Session ID 8: Short Selling March 18, 2021 8:00 to 10:00 |
| Session Chair: Thomas McInish, The University of Memphis |
| Short Selling amid Stock Market Turmoil: Evidence from 2020 Coronavirus Market Crash |
| By Xiaohu Deng; University of Tasmania Yangen Li; Oklahoma State University |
| presented by: Yangen Li, Oklahoma State University |
| Discussant: Jade Planchon, Rhodes College |
| Default Risk and Short Selling |
| By Huiyang Li; University of Memphis Thomas McInish; The University of Memphis Jade Planchon; Rhodes College |
| presented by: Huiyang Li, University of Memphis |
| Discussant: Yini Liu, University of Western Ontario |
| Is Short Selling Informative about Litigation Risk? Evidence from Private Investments in Public Equity |
| By Onur Bayar; University of Texas at San Antonio Yini Liu; University of Western Ontario |
| presented by: Yini Liu, University of Western Ontario |
| Discussant: Yang Xu, Baruch College |
| A Factor Structure of Borrow Rate |
| By Yang Xu; Baruch College Liuren Wu; Baruch College |
| presented by: Yang Xu, Baruch College |
| Discussant: Yangen Li, Oklahoma State University |
| Session ID 9: CSR March 18, 2021 8:00 to 10:00 |
| Session Chair: Dmitry Makarov, Higher School of Economics |
| Investors’ Climate Sentiment and Financial Markets |
| By Caterina Santi; Cork University Business School |
| presented by: Caterina Santi, Cork University Business School |
| Discussant: Charli Tandja, Université du Québec en Outaouais |
| Does it Pay to Be Green? The Impact of Equator Principles on Project Finance Loans |
| By Gabriel Power; Universite Laval Charli Tandja; Université du Québec en Outaouais |
| presented by: Charli Tandja, Université du Québec en Outaouais |
| Discussant: Alona Bilokha, Fordham University |
| Cost of Conscious Capitalism |
| By Jitendra Aswani; Fordham University Alona Bilokha; Fordham University Mingying Cheng; Fordham University Benjamin Cole; Fordham University |
| presented by: Alona Bilokha, Fordham University |
| Discussant: Caterina Santi, Cork University Business School |
| Session ID 10: Banking March 18, 2021 8:00 to 10:00 |
| Session Chair: Mikhail Mamonov, CERGE-EI |
| Failed Bank Loan Sales Discount: A Puzzle Unraveled |
| By ALI ASHRAF; Frostburg State University M. Kabir Hassan; University of New Orleans Yichi Zhang; University of New Orleans |
| presented by: ALI ASHRAF, Frostburg State University |
| Discussant: Violeta Diaz, St. Mary's University |
| Institutional Ownership and Bank Liquidity Creation in the U. S. |
| By Violeta Diaz; St. Mary's University Maria Gonzalez; St. Mary's University |
| presented by: Violeta Diaz, St. Mary's University |
| Discussant: jingyi jia, southern illinois university edwardsville |
| Institutional Ownership and Bank Failure |
| By Elyas Elyasiani; Temple University jingyi jia; southern illinois university edwardsville |
| presented by: jingyi jia, southern illinois university edwardsville |
| Discussant: Jiun-Lin Chen, Valparaiso University |
| Book-to-Market Equity and Asset Correlations—An International Study |
| By Shih-Cheng Lee; Yuan Ze University Jiun-Lin Chen; Valparaiso University KungCheng Ho; Zhongnan University of Economics and Law |
| presented by: Jiun-Lin Chen, Valparaiso University |
| Discussant: ALI ASHRAF, Frostburg State University |
| Session ID 11: International Finance March 18, 2021 8:00 to 10:00 |
| Session Chair: Sanket Mohapatra, Indian Institute of Management, Ahmedabad |
| What drives corporate asset-backed securitization in China? |
| By Bei Gao; Xi’an Jiaotong University Yanbo Jin; California State University, Northridge Jingxian Zou; Renmin University of China |
| presented by: Yanbo Jin, California State University, Northridge |
| Discussant: Fabian Rendchen, University of Duisburg-Essen |
| Simple is Simply not Enough – Features versus Labels of Complex Financial Securities |
| By Martin Hibbeln; University of Duisburg-Essen Werner Osterkamp; University of Duisburg-Essen Fabian Rendchen; University of Duisburg-Essen |
| presented by: Fabian Rendchen, University of Duisburg-Essen |
| Discussant: Seungho Shin, University of New Orleans |
| Diversification through Depositary Receipts_ An International Perspective |
| By Obed Izaguirre; University of New Orleans Seungho Shin; University of New Orleans |
| presented by: Seungho Shin, University of New Orleans |
| Discussant: Sheila Jiang, |
| Rise of Domestic Banks in EME Cross-border Credit Intermediation |
| By Sheila Jiang; University of Florida |
| presented by: Sheila Jiang, |
| Discussant: Yanbo Jin, California State University, Northridge |
| Session ID 12: Corporate Governance March 18, 2021 8:00 to 10:00 |
| Session Chair: Leila Zbib, Bryant University |
| When are busy boards beneficial? |
| By KEUNYOUNG KIM; Texas Tech University |
| presented by: KEUNYOUNG KIM, Texas Tech University |
| Discussant: Shaoting Pi, University of Utah |
| Speaking With One Voice: Shareholder Collaboration on Activism |
| By Shaoting Pi; University of Utah |
| presented by: Shaoting Pi, University of Utah |
| Discussant: Mohammad Hashemi Joo, |
| Board Independence and Workplace Safety |
| By Mohammad Hashemi Joo Ali Parhizgari; Florida International University |
| presented by: Mohammad Hashemi Joo, |
| Discussant: KEUNYOUNG KIM, Texas Tech University |
| Session ID 37: Banking 2 March 18, 2021 10:15 to 11:45 |
| Session Chair: William Hudson, St. Cloud State University |
| Anticipating a Punishment! Individual and Informational Effects of Financial Sanctions against Largest Russian Banks |
| By Mikhail Mamonov; CERGE-EI Anna Pestova; CERGE-EI, MGIMO |
| presented by: Mikhail Mamonov, CERGE-EI |
| Discussant: Sanket Mohapatra, Indian Institute of Management, Ahmedabad |
| The Implications of Economic Uncertainty for Bank Loan Portfolios |
| By Sanket Mohapatra; Indian Institute of Management, Ahmedabad Siddharth Purohit; Indian Institute of Management Ahmedabad |
| presented by: Sanket Mohapatra, Indian Institute of Management, Ahmedabad |
| Discussant: Zhanbing Xiao, University of British Columbia |
| Spillover Effects of Banks’ Specialization in Corporate Lending on Mortgage Lending: The Industry Expertise Channel |
| By Zhanbing Xiao; University of British Columbia Yuxiang Zheng; University of British Columbia |
| presented by: Zhanbing Xiao, University of British Columbia |
| Discussant: Mikhail Mamonov, CERGE-EI |
| Session ID 15: Behavioral Finance 2 March 18, 2021 10:15 to 11:45 |
| Session Chair: Caterina Santi, Cork University Business School |
| The Impact of Gender Diversity on Firm Risk and Performance |
| By Mark Tribbitt; Pepperdine Graziadio Business School Richard Walton; Pepperdine Graziadio Business School |
| presented by: Richard Walton, Pepperdine Graziadio Business School |
| Discussant: Aslihan Korkmaz, Dominican University of California |
| Female Talent and Corporate Social Performance |
| By Aslihan Korkmaz; Dominican University of California Erdem Ucar; California State University Fullerton |
| presented by: Aslihan Korkmaz, Dominican University of California |
| Discussant: Sonal Kumar, Bryant University |
| Obstacles Beyond Glass Ceiling: The Impact of Women's Leadership on Earnings Management |
| By Sonal Kumar; Bryant University |
| presented by: Sonal Kumar, Bryant University |
| Discussant: Richard Walton, Pepperdine Graziadio Business School |
| Session ID 16: Corporate Finance 2 March 18, 2021 10:15 to 11:45 |
| Session Chair: Tahsina Haque Simu, University of Texas at El Paso |
| Analyst Incentives and Stock Return Synchronicity: Evidence from MiFID II |
| By Yihan Li; University of Bath Xin Liu; Renmin University of China Vesa Pursiainen; The University of Hong Kong |
| presented by: Yihan Li, University of Bath |
| Discussant: Ruixiang Wang, University of Missouri |
| Blaze New Trails for Others to Follow: Evidence from Scanner Data |
| By Ruixiang Wang; University of Missouri |
| presented by: Ruixiang Wang, University of Missouri |
| Discussant: Jingshu Wen, SKEMA Business School |
| Tunneling through Employee Stock Ownership Plans: Evidence from China |
| By Jingshu Wen; SKEMA Business School |
| presented by: Jingshu Wen, SKEMA Business School |
| Discussant: Yihan Li, University of Bath |
| Session ID 20: Corporate Finance 3 March 18, 2021 10:15 to 11:45 |
| Session Chair: Dennis Umlandt, University of Trier |
| Access to Finance, Bureaucracy, and Capital Allocation Efficiency |
| By Wenbin Cao; NEOMA Business School Xiaoman Duan; Sam Houston State University Xu Niu; Sacred Heart University |
| presented by: Xu Niu, Sacred Heart University |
| Discussant: Yang Wang, Hong Kong Polytechnic University |
| Stock mispricing and corporate debt financing |
| By Yang Wang; Hong Kong Polytechnic University |
| presented by: Yang Wang, Hong Kong Polytechnic University |
| Discussant: Ankitkumar Kariya, Indian Institute of Management, Bangalore |
| Earnings-Based Borrowing Constraints & Corporate Investments in 2007-09 Financial Crisis |
| By Ankitkumar Kariya; Indian Institute of Management, Bangalore |
| presented by: Ankitkumar Kariya, Indian Institute of Management, Bangalore |
| Discussant: Sandrine Docgne, Florida International University |
| Price Uncertainty and Debt Covenants: Evidence from U.S. Oil Producers |
| By Sandrine Docgne; Florida International University |
| presented by: Sandrine Docgne, Florida International University |
| Discussant: Xu Niu, Sacred Heart University |
| Session ID 17: Cryptocurrencies March 18, 2021 10:15 to 11:45 |
| Session Chair: Peter Zimmerman, Federal Reserve Bank of Cleveland |
| Crypto Wash Trading |
| By Will Cong; Cornell University XI LI; Newcastle University Ke Tang; Tsinghua University YANG YANG; Tsinghua University |
| presented by: YANG YANG, Tsinghua University |
| Discussant: Emmanouil Platanakis, University of Bath, School of Management, UK |
| Cryptocurrency Factors |
| By Weihao Han; University of Bath, School of Management, UK David Newton; University of Bath, School of Management, UK Emmanouil Platanakis; University of Bath, School of Management, UK Charles Sutcliffe; University of Reading, UK Xiaoxia Ye; University of Liverpool, UK |
| presented by: Emmanouil Platanakis, University of Bath, School of Management, UK |
| Discussant: Jayant Rao, Claremont Graduate University |
| Active Portfolio Management with Cryptocurrencies |
| By Jayant Rao; Claremont Graduate University |
| presented by: Jayant Rao, Claremont Graduate University |
| Discussant: YANG YANG, Tsinghua University |
| Session ID 21: ESG March 18, 2021 10:15 to 11:45 |
| Session Chair: Gulnara Zaynutdinova, West Virginia University |
| Increasing Investor Climate Priorities: Evidence from Alternative Energy ETFs |
| By Viktoriya Lantushenko; Saint Joseph's University Carolin Schellhorn; Saint Joseph's University Gulnara Zaynutdinova; West Virginia University |
| presented by: Gulnara Zaynutdinova, West Virginia University |
| Discussant: Quentin Moreau, |
| Green bonds and ESG ratings |
| By Quentin Moreau; Universite Paris-Dauphine |
| presented by: Quentin Moreau, |
| Discussant: Nhu Tran, Binghamton University - SUNY |
| Climate Risk and Credit Ratings |
| By Nhu Tran; Binghamton University - SUNY Cihan Uzmanoglu; Binghamton University - SUNY |
| presented by: Nhu Tran, Binghamton University - SUNY |
| Discussant: Gulnara Zaynutdinova, West Virginia University |
| Session ID 24: Law and Finance March 18, 2021 10:15 to 11:45 |
| Session Chair: Gennaro Bernile, university of miami |
| Expropriation Risk and Investment: Evidence from a Natural Experiment |
| By Siddharth Bhambhwani; Hong Kong University of Science and Technology Hui Dong; Shanghai University of Finance and Economics Allen Huang; HKUST |
| presented by: Siddharth Bhambhwani, Hong Kong University of Science and Technology |
| Discussant: Daniel te Kaat, University of Groningen |
| Capital Flows, Real Estate, and Local Cycles: Evidence from German Cities, Banks, and Firms |
| By Peter Bednarek; Deutsche Bundesbank Daniel te Kaat; University of Groningen Chang Ma; Fudan University Alessandro Rebucci; The Johns Hopkins Carey Business School |
| presented by: Daniel te Kaat, University of Groningen |
| Discussant: Ron Alquist, U.S. Department of Treasury |
| The Price of Property Rights: Institutions, Finance, and Economic Growth |
| By Ram Yamarthy; Office of Financial Research Ron Alquist; U.S. Department of Treasury Benjamin Chabot; Federal Reserve Bank of Chicago |
| presented by: Ron Alquist, U.S. Department of Treasury |
| Discussant: Siddharth Bhambhwani, Hong Kong University of Science and Technology |
| Session ID 22: Lending March 18, 2021 10:15 to 11:45 |
| Session Chair: Chen Shen, University of North Carolina at Charlotte |
| Regulatory Circumvention: Underpricing and Flipping in Marketplace Lending |
| By Shyam Venkatesan; Western University Brian Wolfe; University of Texas at San Antonio Jun Yang; Indiana University Woongsun Yoo; Saginaw Valley State University |
| presented by: Brian Wolfe, University of Texas at San Antonio |
| Discussant: Danxia Xie, Tsinghua University |
| Asymmetric Cross-side Network Effects on Digital Platforms：Evidence from Marketplace Lending |
| By Lin Cong; Cornell University Ke Tang; Tsinghua University Danxia Xie; Tsinghua University |
| presented by: Danxia Xie, Tsinghua University |
| Discussant: Chen Shen, University of North Carolina at Charlotte |
| Payday Lending and Property Crime |
| By Chen Shen; UNC Charlotte |
| presented by: Chen Shen, University of North Carolina at Charlotte |
| Discussant: Brian Wolfe, University of Texas at San Antonio |
| Session ID 19: Mergers and Acquisitions 2 March 18, 2021 10:15 to 11:45 |
| Session Chair: Busra Agcayazi, West Virginia University |
| Limits of Arbitrage and Mispricing: Evidence from Mergers and Acquisitions |
| By Qingzhong Ma; California State University, Chico David Whidbee; Washington State University Wei Zhang; California State University, Chico |
| presented by: Wei Zhang, California State University, Chico |
| Discussant: Varun Jindal, Indian Institute of Management Bangalore |
| Overlapping Insiders and Method of Payment in Acquisitions: New Tests and Evidence on Adverse Selection |
| By Varun Jindal; Indian Institute of Management Bangalore Rama Seth; Copenhagen Business School |
| presented by: Varun Jindal, Indian Institute of Management Bangalore |
| Discussant: Dipali Krishnakumar, National Institute of Bank Management |
| Short-term and Long-Term Market Reaction to M&A: Evidence from India |
| By N CHIDAMBARAN; Fordham University Dipali Krishnakumar; National Institute of Bank Management Madhvi Sethi; Symbiosis International University |
| presented by: Dipali Krishnakumar, National Institute of Bank Management |
| Discussant: Wei Zhang, California State University, Chico |
| Session ID 14: Mutual Funds March 18, 2021 10:15 to 11:45 |
| Session Chair: Haitao Huang, Georgia State University |
| An Empirical Examination of U.S. based Japanese Mutual Funds |
| By Srinidhi Kanuri; University of Southern Mississippi |
| presented by: Srinidhi Kanuri, University of Southern Mississippi |
| Discussant: Roberto Tubaldi, USI Lugano and Swiss Finance Institute |
| Mutual Funds' Fire Sales and the Real Economy: Evidence from Hurricanes |
| By Roberto Tubaldi; USI Lugano and Swiss Finance Institute |
| presented by: Roberto Tubaldi, USI Lugano and Swiss Finance Institute |
| Discussant: Sarah Khalaf, Kuwait University |
| The Up Side of Being Down: Depressive Realism and Analyst Forecast Accuracy |
| By Sima Jannati; University of Missouri Sarah Khalaf; Kuwait University Du Nguyen; University of Missouri-Columbia |
| presented by: Sarah Khalaf, Kuwait University |
| Discussant: Srinidhi Kanuri, University of Southern Mississippi |
| Session ID 23: Technical Trading March 18, 2021 10:15 to 11:45 |
| Session Chair: Paul Haensly, University of Texas-Permian Basin |
| Charting By Machines |
| By Scott Murray; Georgia State University Yusen Xia; Georgia State University Houping Xiao; Georgia State University |
| presented by: Scott Murray, Georgia State University |
| Discussant: Matthew Lutey, Indiana University NW |
| OUT OF SAMPLE TESTING FOR O’NEIL’S FUNDAMENTAL STOCK SELECTION STRATEGY |
| By Matthew Lutey; Indiana University NW |
| presented by: Matthew Lutey, Indiana University NW |
| Discussant: Thomas Coe, |
| Applying Technical Trading Rules to Beat Long-Term Investing: Evidence from Asian Markets |
| By Thomas Coe Kittipong Laosethakul; Sacred Heart University |
| presented by: Thomas Coe, |
| Discussant: Scott Murray, Georgia State University |
| Session ID 29: Asset Pricing 2 March 18, 2021 12:00 to 13:30 |
| Session Chair: Daniel Tortorice, College of the Holy Cross |
| Idiosyncratic Volatility, Growth Options, and the Cross-Section of Returns |
| By Alexander Barinov; University of California Riverside Georgy Chabakauri; London School of Economics |
| presented by: Alexander Barinov, University of California Riverside |
| Discussant: Neeru Chaudhry, |
| Tax Aggressiveness and Idiosyncratic Volatility |
| By Neeru Chaudhry |
| presented by: Neeru Chaudhry, |
| Discussant: Lorenzo Schoenleber, Collegio Carlo Alberto |
| Expected Correlations, Value Factor Returns, and Growth Options |
| By Lorenzo Schoenleber; Collegio Carlo Alberto |
| presented by: Lorenzo Schoenleber, Collegio Carlo Alberto |
| Discussant: Alexander Barinov, University of California Riverside |
| Session ID 25: Banking 3 March 18, 2021 12:00 to 13:30 |
| Session Chair: Ahmed Sewaid, Insper Insitute of Education and Research |
| Time Is Money: Relationship Lending and the Role of Community Banks in Paycheck Protection Program |
| By Christopher James; University of Florida Jing Lu; University of Florida Yangfan Sun |
| presented by: Jing Lu, University of Florida |
| Discussant: Ahmed Sewaid, Insper Insitute of Education and Research |
| COVID-19 Bust, Policy Response, and Rebound: P2P vs. Banks |
| By Douglas Cumming; Florida Atlantic University Andrea Martinez Salgueiro; University of Santiago de Compostela Ahmed Sewaid; Insper Insitute of Education and Research |
| presented by: Ahmed Sewaid, Insper Insitute of Education and Research |
| Discussant: Minhae Kim, Ohio State University |
| Does the Internet Replace Brick-and-Mortar Bank Branches? |
| By Minhae Kim; Ohio State University |
| presented by: Minhae Kim, Ohio State University |
| Discussant: Jing Lu, University of Florida |
| Session ID 30: Corporate Restructuring March 18, 2021 12:00 to 13:30 |
| Session Chair: Kienpin Tee, Zayed University |
| Nowhere to Hide: Corporate Restructuring Activities Response to Mandatory Segment Disclosure |
| By Trinh Le; The University of Queensland Barry Oliver; University of Queensland Kelvin Jui Keng Tan; The University of Queensland |
| presented by: Trinh Le, The University of Queensland |
| Discussant: Yuka Nishikawa, College of Charleston |
| Corporate Restructuring in Founder-Led Firms |
| By Yuka Nishikawa; College of Charleston Edward Lawrence; Florida International University |
| presented by: Yuka Nishikawa, College of Charleston |
| Discussant: Nina Baranchuk, University of Texas at Dallas |
| Distressed Firm Restructurings and Hedge Funds with Expertise: Saviors or Vultures? |
| By Nina Baranchuk; University of Texas at Dallas Michael Rebello; University of Texas at Dallas |
| presented by: Nina Baranchuk, University of Texas at Dallas |
| Discussant: Trinh Le, The University of Queensland |
| Session ID 26: Cross-sectional Models March 18, 2021 12:00 to 13:30 |
| Session Chair: Ekaterina Seregina, University of California, Riverside |
| Market Sentiment and the Cross-section of Expected Stock Returns |
| By Gady Jacoby; University of Manitoba Chi Liao; University of Manitoba Nanying Lin; University of Manitoba Lei Lu; University of Manitoba |
| presented by: NANYING LIN, University of Manitoba |
| Discussant: Ian Marsh, City University, London |
| The Impact of Public Mood on the Cross-Section of Stock Return |
| By Jiatao Liu; Cass Business School Ian Marsh; Cass Business School |
| presented by: Ian Marsh, City University, London |
| Discussant: Dennis Umlandt, University of Trier |
| Score-Driven Asset Pricing: Predicting Time-Varying Risk Premia based on Cross-Sectional Model Performance |
| By Dennis Umlandt; University of Trier |
| presented by: Dennis Umlandt, University of Trier |
| Discussant: NANYING LIN, University of Manitoba |
| Session ID 33: CSR 2 March 18, 2021 12:00 to 13:30 |
| Session Chair: Obed Izaguirre, University of New Orleans |
| Shaped by the sea: the effects of climate change on corporate social responsibility |
| By Qingjie Du; Hong Kong Polytechnic University Yang Wang; Hong Kong Polytechnic University |
| presented by: Qingjie Du, Hong Kong Polytechnic University |
| Discussant: Dimitrios Gounopoulos, The University of Bath |
| Corporate Social Responsibility, Climate Change and Pandemic Uncertainty Towards Survival |
| By Thomas Chemmanur; Boston College Dimitrios Gounopoulos; The University of Bath Panagiotis Koutroumpis; Queen Mary University Yu Zhang; The University of Bath |
| presented by: Dimitrios Gounopoulos, The University of Bath |
| Discussant: Abdullah Al Masum, University of Texas Rio Grande Valley |
| Climate Change and Corporate Cash Holdings: Global Evidence |
| By Abdullah Al Masum; University of Texas Rio Grande Valley Siamak Javadi; University of Texas Rio Grande Valley Mohsen Mollagholamali; Western Kentucky University Ramesh Rao; Oklahoma State University |
| presented by: Abdullah Al Masum, University of Texas Rio Grande Valley |
| Discussant: Qingjie Du, Hong Kong Polytechnic University |
| Session ID 28: Executive Compensation March 18, 2021 12:00 to 13:30 |
| Session Chair: Ian Xue, Rowan University |
| CEO Compensation Complexity: Optimal Contracts or Agency Problems? |
| By Othman Alolah; Univ. Of California Riverside |
| presented by: Othman Alolah, Univ. Of California Riverside |
| Discussant: Dhruba Banjade, University Of Texas at Arlington |
| CEO COMPENSATION AND CASH HOLDINGS IN NEW AND OLD ECONOMY FIRMS |
| By Dhruba Banjade; University Of Texas at Arlington John Diltz; College of Business |
| presented by: Dhruba Banjade, University Of Texas at Arlington |
| Discussant: Jitendra Aswani, Fordham University |
| Group Identity and Agency Frictions: Evidence using Big Data |
| By Jitendra Aswani; Fordham University |
| presented by: Jitendra Aswani, Fordham University |
| Discussant: Othman Alolah, Univ. Of California Riverside |
| Session ID 32: Finance and Politics March 18, 2021 12:00 to 13:30 |
| Session Chair: Robinson Reyes Pena, Florida International University |
| Capital Reallocation and Firm-Level Productivity Under Political Uncertainty |
| By Daniel Tut; Ryerson University Ted Rogers School of Management Melanie Cao; York University |
| presented by: Daniel Tut, Ryerson University Ted Rogers School of Management |
| Discussant: Goeun Choi, Arizona State University |
| Political Beta and Long-Run Stock Performance |
| By Goeun Choi; Arizona State University |
| presented by: Goeun Choi, Arizona State University |
| Discussant: Jocelyn Grira, Qatar University |
| State Capitalism and Political Uncertainty in Banking: Empirical Evidence from Sovereign Wealth Funds |
| By Jocelyn Grira; Qatar University |
| presented by: Jocelyn Grira, Qatar University |
| Discussant: Daniel Tut, Ryerson University Ted Rogers School of Management |
| Session ID 31: Insider Trading March 18, 2021 12:00 to 13:30 |
| Session Chair: Christopher Anderson, Federal Reserve Board of Governors |
| Insider Trading Rights: Short-termism and Trading Constraints |
| By Giovanni Cocco; UNC-Kenan-Flagler Business School |
| presented by: Giovanni Cocco, UNC-Kenan-Flagler Business School |
| Discussant: Abdul Alfarhoud, The University of Manchester |
| Dealing in the Dark: Do Insiders Trade in Dark Pools? |
| By Abdul Alfarhoud; The University of Manchester Michael Bowe; University of Manchester, Alliance Manchester Business School S. Sarah Zhang; University of Manchester |
| presented by: Abdul Alfarhoud, The University of Manchester |
| Discussant: Francois Cocquemas, Florida State University |
| A General Solution Method for Insider Problems |
| By Kerry Back; Rice University Francois Cocquemas; Florida State University Ibrahim Ekren; Florida State University Abraham Lioui; EDHEC Business School |
| presented by: Francois Cocquemas, Florida State University |
| Discussant: Giovanni Cocco, UNC-Kenan-Flagler Business School |
| Session ID 27: Investments March 18, 2021 12:00 to 13:30 |
| Session Chair: Le Zhao, Florida International University |
| Of Seesaws and Swings: Marketwide Impact of LETF Rebalancing |
| By Pankaj Jain; University of Memphis Suchismita Mishra; Florida International University, Miami Michael Pagano; Villanova University Ivan Rodriguez; Eastern Michigan University |
| presented by: Ivan Rodriguez, Eastern Michigan University |
| Discussant: Jitka Hilliard, Auburn University |
| Actively Managed ETFs: Are They Really Active? |
| By Jitka Hilliard; Auburn University Thanh Dat Le; Auburn University |
| presented by: Thanh Dat Le, Auburn University |
| Discussant: Necati Tekatli, Kutztown University of Pennsylvania |
| A TAX EFFICIENT INDEXED PORTFOLIO |
| By Necati Tekatli; Kutztown University of Pennsylvania |
| presented by: Necati Tekatli, Kutztown University of Pennsylvania |
| Discussant: Ivan Rodriguez, Eastern Michigan University |
| Session ID 35: Mutual Funds Performance March 18, 2021 12:00 to 13:30 |
| Session Chair: Qing Yang, Lousiana Tech University |
| Bootstrap Analysis of Mutual Fund Performance |
| By Haitao Huang; Georgia State University |
| presented by: Haitao Huang, Georgia State University |
| Discussant: Jimmy Chien, Louisiana Tech University |
| The Quality of Your Network Matters: Professional Connections and Mutual Fund Performance |
| By Jimmy Chien; Louisiana Tech University Jun Duanmu; Seattle University William McCumber; Louisiana Tech University |
| presented by: Jimmy Chien, Louisiana Tech University |
| Discussant: Cao Fang, Sam Walton College of Business, University of Arkansas |
| Stocks through a Looking Glass: Can Style Segment-Adjusted Mutual Fund Stock Holdings Predict Stock Returns? |
| By Cao Fang; Sam Walton College of Business, University of Arkansas Wayne Lee; Sam Walton College of Business, University of Arkansas |
| presented by: Cao Fang, Sam Walton College of Business, University of Arkansas |
| Discussant: Haitao Huang, Georgia State University |
| Session ID 34: Takeovers March 18, 2021 12:00 to 13:30 |
| Session Chair: Patricia Ryan, Colorado State University |
| Industry takeover threats and corporate cash holdings - A cross-country analysis |
| By Sanjiv Sabherwal; University of Texas at Arlington Trang Thai; SUNY Brockport |
| presented by: Trang Thai, SUNY Brockport |
| Discussant: Daniel Greene, Clemson University |
| Too Much of a Good Thing? Corporate Social Responsibility and the Takeover Market |
| By DJ Fairhurst; Assistant Professor Daniel Greene; Clemson University |
| presented by: Daniel Greene, Clemson University |
| Discussant: Pil-Seng Lee, University of Texas at Dallas |
| Product Market Threats, Adverse Shock, and Leases |
| By Douglas Fairhurst; Washington State University Tae-Nyun Kim; The College of New Jersey Pil-Seng Lee; University of Texas at Dallas Yoonsoo Nam; Washington State University |
| presented by: Pil-Seng Lee, University of Texas at Dallas |
| Discussant: Trang Thai, SUNY Brockport |
| Session ID 13: Banking 4 March 18, 2021 13:45 to 15:15 |
| Session Chair: jingyi jia, southern illinois university edwardsville |
| The Upside Down: Banks, Deposits and Negative Rates |
| By Pietro Grandi; Boston College and Universitè Paris II Marianne Guille; Université Paris 2 Panthéon Assas |
| presented by: Pietro Grandi, Universitè Paris 2 and Boston College |
| Discussant: Joost Bats, Dutch Central Bank |
| Monetary policy effects in times of negative interest rates: What do bank stock prices tell us? |
| By Joost Bats; Dutch Central Bank Massimo Giuliodori; University of Amsterdam Aerdt Houben; Dutch Central Bank |
| presented by: Joost Bats, Dutch Central Bank |
| Discussant: Jose M. Martin-Flores, CUNEF |
| Social Capital and Bank Misconduct |
| By Jose M. Martin-Flores; CUNEF |
| presented by: Jose M. Martin-Flores, CUNEF |
| Discussant: Pietro Grandi, Universitè Paris 2 and Boston College |
| Session ID 41: Crowdfunding and Loans March 18, 2021 13:45 to 15:15 |
| Session Chair: Jitka Hilliard, Auburn University |
| Social Networks and Capital Allocation on Crowdfunding Marketplaces |
| By Linda Allen; Baruch College, The City University of New York Lin Peng; City University of New York Yu Shan; Concordia University |
| presented by: Yu Shan, Concordia University |
| Discussant: Linyi Zhang, The Chinese University of Hong Kong, Shenzhen |
| Social Ties and Peer Effects in Crowdfunding Markets |
| By Peng Lin; The City University of New York Linyi Zhang; The Chinese University of Hong Kong, Shenzhen |
| presented by: Linyi Zhang, The Chinese University of Hong Kong, Shenzhen |
| Discussant: Yaming Gong, Temple University |
| Lenders’ Market Power in the SBA Loan Market |
| By Yaming Gong; Temple University |
| presented by: Yaming Gong, Temple University |
| Discussant: Yu Shan, Concordia University |
| Session ID 45: CSR 3 March 18, 2021 13:45 to 15:15 |
| Session Chair: Shuming Bai, Eastern Washington University |
| Corporate Governance and Corporate Social Responsibility |
| By Swarnodeep Homroy; Rijksuniversiteit Groningen Wentao Li; University of Groningen Nassima Selmane; University of Groningen |
| presented by: Wentao Li, University of Groningen |
| Discussant: gaoguang zhou, Hong Kong Baptist University, |
| Good for Managers, Bad for Shareholders? The Effects of Lone-Insider Boards on Excessive Corporate Social Responsibility |
| By gaoguang zhou; Hong Kong Baptist University, |
| presented by: gaoguang zhou, Hong Kong Baptist University, |
| Discussant: Leyuan You, Texas State University |
| Social (Ir)Responsibility and Corporate Social Responsibility |
| By Leyuan You; Texas State University |
| presented by: Leyuan You, Texas State University |
| Discussant: Wentao Li, University of Groningen |
| Session ID 46: Derivatives March 18, 2021 13:45 to 15:15 |
| Session Chair: Bingxin Li, West Virginia University |
| MULTI-STEP FORECAST OF THE IMPLIED VOLATILITY SURFACE USING DEEP LEARNING |
| By Zhiguang Wang; South Dakota State University |
| presented by: Zhiguang Wang, South Dakota State University |
| Discussant: Md. Nazmul Ahsan, Concordia University and CIRANO |
| Volatility forecasting and option pricing with higher-order stochastic volatility models |
| By Md. Nazmul Ahsan; Concordia University and CIRANO Jean-Marie Dufour; McGill University |
| presented by: Md. Nazmul Ahsan, Concordia University and CIRANO |
| Discussant: Mehdi Khorram, Louisiana State university |
| Option Momentum |
| By Christopher Jones; USC Marshall Mehdi Khorram; Louisiana State university Haitao Mo; Louisiana State University |
| presented by: Mehdi Khorram, Louisiana State university |
| Discussant: Zhiguang Wang, South Dakota State University |
| Session ID 48: Financial Markets March 18, 2021 13:45 to 15:15 |
| Session Chair: William Procasky, Texas A&M University - Kingsville |
| Price Discovery and Cross-Market Informational Flow in High-Yield Systematic CDS and Equity Markets: Out-of-Sample Evidence |
| By William Procasky; Texas A&M University - Kingsville Anwen Yin; Texas A&M International University |
| presented by: William Procasky, Texas A&M University - Kingsville |
| Discussant: Wei-Xuan Li, Stockton University |
| Are stock market indices in major developed markets efficient – a multiple-break unit root approach? |
| By James Nguyen; Texas A&M Texarkana Wei-xuan Li; Stockton University Clara Chen; Madonna University |
| presented by: Wei-Xuan Li, Stockton University |
| Discussant: Mirela Sandulescu, University of Michigan |
| How Integrated Are Corporate Bond and Stock Markets? |
| By Mirela Sandulescu; University of Michigan |
| presented by: Mirela Sandulescu, University of Michigan |
| Discussant: William Procasky, Texas A&M University - Kingsville |
| Session ID 44: Foreign Exchange March 18, 2021 13:45 to 15:15 |
| Session Chair: Yuri Hupka, Oklahoma State University |
| Dollar Dominance in FX Trading |
| By Fabricius Somogyi; University of St. Gallen |
| presented by: Fabricius Somogyi, University of St. Gallen |
| Discussant: Yeonjeong Lee, Pusan National University |
| Analysis of the relationship between foreign exchange reserve adjustment and exchange rates in Asian countries |
| By Yeonjeong Lee; Pusan National University Seong-Min Yoon; Pusan National University |
| presented by: Yeonjeong Lee, Pusan National University |
| Discussant: Ilya Dergunov, Australian National University |
| Geopolitical Risk and its Impact on Currency Portfolios |
| By Ilya Dergunov; Australian National University Marina Mukhamadieva; Goethe University Frankfurt |
| presented by: Ilya Dergunov, Australian National University |
| Discussant: Fabricius Somogyi, University of St. Gallen |
| Session ID 39: International Finance 2 March 18, 2021 13:45 to 15:15 |
| Session Chair: Ali Parhizgari, Florida International University |
| Music Sentiment and Stock Returns Around the World |
| By Alex Edmans; London Business School Adrian Fernandez-Perez; Auckland University of Technology Alexandre Garel; Audencia Business School Ivan Indriawan; Auckland University of Technology |
| presented by: Ivan Indriawan, Auckland University of Technology |
| Discussant: Xi Mo, University of North Carolina at Charlotte |
| Trend Factor Around the World: Do Cultural Differences Explain the Performance Differences? |
| By Yufeng Han; The University of North Carolina at Char Xi Mo; University of North Carolina at Charlotte Jian Yang; University of Colorado Denver |
| presented by: Xi Mo, University of North Carolina at Charlotte |
| Discussant: Marcos Velazquez, Florida International University |
| Language, Uncertainty, and Foreign Direct Investment |
| By Xiaomeng Lu; Florida International University Ali Parhizgari; Florida International University Marcos Velazquez; Florida International University Le Zhao; Florida International University |
| presented by: Marcos Velazquez, Florida International University |
| Discussant: Ivan Indriawan, Auckland University of Technology |
| Session ID 47: Investments 2 March 18, 2021 13:45 to 15:15 |
| Session Chair: Matthew Lutey, Indiana University NW |
| Subjective Learning of Trading Talent: Theory and Evidence from Individual Investors in the U.S. |
| By Xindi He; University of Chicago |
| presented by: Xindi He, University of Chicago |
| Discussant: Giorgia Simion, WU Vienna University of Economics and Business |
| I’ll trade, just not today: Individual investor trading activity around birthdays |
| By Emanuele Bajo; University of Bologna Otto Randl; WU University of Economics and Business Giorgia Simion; WU Vienna University of Economics and Business |
| presented by: Giorgia Simion, WU Vienna University of Economics and Business |
| Discussant: Taylan Mavruk, University of Gothenburg |
| Does golf club membership influence herding behavior and portfolio performance? |
| By Joanne Horton; Warwick Business School Taylan Mavruk; University of Gothenburg Mari Paananen; University of Gothenburg |
| presented by: Taylan Mavruk, University of Gothenburg |
| Discussant: Xindi He, University of Chicago |
| Session ID 40: Managerial Compensation March 18, 2021 13:45 to 15:15 |
| Session Chair: Othman Alolah, Univ. Of California Riverside |
| The Readability of Financial Statements, Information Asymmetries and Managerial Compensation |
| By Jonathan Fluharty; West Virginia University |
| presented by: Jonathan Fluharty, West Virginia University |
| Discussant: Kienpin Tee, Zayed University |
| C-Suite Incentive Conflict and Firm Efficiency |
| By Kienpin Tee; Zayed University Feng Han; Capital University of Economics and Business |
| presented by: Kienpin Tee, Zayed University |
| Discussant: Matteo Binfare, University of Missouri |
| Does Chief Investment Officer Pay Reflect Performance? Evidence from Non-profits |
| By Matteo Binfare; University of Missouri Robert Harris; University of Virginia |
| presented by: Matteo Binfare, University of Missouri |
| Discussant: Jonathan Fluharty, West Virginia University |
| Session ID 43: Microstructure March 18, 2021 13:45 to 15:15 |
| Session Chair: Francois Cocquemas, Florida State University |
| The Anatomy of Trading Algorithms |
| By Tyler Beason; Arizona State University Sunil Wahal; Arizona State University |
| presented by: Tyler Beason, Arizona State University |
| Discussant: Qingjie Du, Hong Kong Polytechnic University |
| Fear or Greed? How Retail Trades Move Markets? |
| By Qingjie Du; Hong Kong Polytechnic University |
| presented by: Qingjie Du, Hong Kong Polytechnic University |
| Discussant: Shenru Li, West Virginia University |
| First Mover Advantage in Financial Markets |
| By Naomi Boyd; West Virginia University Shenru Li; West Virginia University |
| presented by: Shenru Li, West Virginia University |
| Discussant: Tyler Beason, Arizona State University |
| Session ID 38: Mutual Funds 2 March 18, 2021 13:45 to 15:15 |
| Session Chair: Xin Liu, Renmin University of China |
| Sources of herding in bond mutual funds |
| By Artem Malinin; FLORIDA ATLANTIC UNIVERSITY Anita Pennathur; Florida Atlantic University |
| presented by: Artem Malinin, FLORIDA ATLANTIC UNIVERSITY |
| Discussant: Luis Ceballos, Pennsylvania State University |
| Price Pressure in the Government Bond Market: Long-term Impact of Short-term Advice |
| By Luis Ceballos; Pennsylvania State University Damian Romero; Universitat Pompeu Fabra |
| presented by: Luis Ceballos, Pennsylvania State University |
| Discussant: Xin Liu, Renmin University of China |
| Does Liquidity Management Induce Fragility in Treasury Prices: Evidence from Bond Mutual Funds |
| By Shiyang Huang; University of Hong Kong Wenxi Jiang; The Chinese University of Hong Kong Xiaoxi Liu; Bank for International Settlements Xin Liu; Renmin University of China |
| presented by: Xin Liu, Renmin University of China |
| Discussant: Artem Malinin, FLORIDA ATLANTIC UNIVERSITY |
| Session ID 42: Real Estate March 18, 2021 13:45 to 15:15 |
| Session Chair: Chen Shen, University of North Carolina at Charlotte |
| Operating Lease as Alternative Financing for REITs: A Viable Strategy or a Sign of Trouble? |
| By Elizabeth Devos; University of Texas at El Paso Erik Devos; University of Texas at El Paso He Li; University of Wisconsin, Whitewater Desmond Tsang; McGill University |
| presented by: He Li, University of Wisconsin, Whitewater |
| Discussant: Geoffrey Ngene, Mercer University |
| Transitory and Permanent Shock Transmissions between REITs and Other Assets: Evidence from Time-Frequency Decomposition of Connectedness |
| By Geoffrey Ngene; Mercer University Jinghua Wang; Pacific Lutheran University |
| presented by: Geoffrey Ngene, Mercer University |
| Discussant: Leonard Lundstrum, Northern Illinois University |
| Does investable real estate exposure improve the mean-variance investor's investment opportunities? |
| By Leonard Lundstrum; Northern Illinois University |
| presented by: Leonard Lundstrum, Northern Illinois University |
| Discussant: He Li, University of Wisconsin, Whitewater |
| Session ID 50: Asset Pricing and Macrofinance March 18, 2021 15:30 to 17:00 |
| Session Chair: Javier Mella, Christopher Newport University |
| Margin Constraints and Asset Prices |
| By Jake Ahn; Monash University |
| presented by: Jake Ahn, Monash University |
| Discussant: Conall O'Sullivan, University College Dublin |
| Model-Free Quantiles and Market Returns |
| By Conall O'Sullivan; University College Dublin Yan Wang; New York University Shanghai |
| presented by: Conall O'Sullivan, University College Dublin |
| Discussant: Jake Ahn, Monash University |
| Monetary Surprises, Debt Structure and Credit Misallocation |
| By Yuchen Chen; University of Minnesota |
| presented by: Yuchen Chen, University of Minnesota |
| Discussant: Mohammad Ghaderi, University of Houston |
| Can Time‐Varying Risk Premia and Household Heterogeneity Explain Credit Cycles? |
| By Mohammad Ghaderi; University of Houston |
| presented by: Mohammad Ghaderi, University of Houston |
| Discussant: Yuchen Chen, University of Minnesota |
| Session ID 49: Banking 5 March 18, 2021 15:30 to 17:00 |
| Session Chair: James Kolari, Texas A&M University |
| The Effect of Bank Competition on Deposit Price Dispersion |
| By Nur Al Faisal; Louisiana State University |
| presented by: Nur Al Faisal, Louisiana State University |
| Discussant: Nguyen Nguyen, Auburn University |
| BRICK-AND-MORTAR OR DIGITAL? THE IMPACT OF TECHNOLOGY ON BANK BRANCHING AND FINANCIAL INCLUSION |
| By Nguyen Nguyen; Auburn University |
| presented by: Nguyen Nguyen, Auburn University |
| Discussant: Emre Kuvvet, Nova Southeastern University |
| The Role of P2P Platforms in Enhancing Financial Inclusion in US – An Analysis of Peer-to-Peer Lending Across the Rural-Urban Divide |
| By Pankaj Maskara; NOVA SouthEastern University Emre Kuvvet; Nova Southeastern University |
| presented by: Emre Kuvvet, Nova Southeastern University |
| Discussant: Nur Al Faisal, Louisiana State University |
| Session ID 54: CEOs March 18, 2021 15:30 to 17:00 |
| Session Chair: Daniel Greene, Clemson University |
| CEO Turnover and Director Reputation |
| By Felix von Meyerinck; University of St. Gallen Jonas Romer; University of St.Gallen Markus Schmid; University of St. Gallen |
| presented by: Markus Schmid, University of St. Gallen |
| Discussant: Pang-Li Chen, Drexel University |
| Do Directorship Returns Affect CEO Turnover? |
| By Pang-Li Chen; Drexel University |
| presented by: Pang-Li Chen, Drexel University |
| Discussant: Daniel Greene, Clemson University |
| Timing CEO Turnovers: Evidence from Delegation in Mergers and Acquisitions |
| By Daniel Greene; Clemson University Jared Smith; North Carolina State University |
| presented by: Daniel Greene, Clemson University |
| Discussant: Markus Schmid, University of St. Gallen |
| Session ID 57: CSR 4 March 18, 2021 15:30 to 17:00 |
| Session Chair: Ramesh Rao, Oklahoma State University |
| Corporate Social Responsibility and Access to Capital: Evidence from Product Recall Strategies |
| By Obed Izaguirre; University of New Orleans Fatima Jebari; Wheaton College Sudha Krishnaswami; The University of New Orleans |
| presented by: Obed Izaguirre, University of New Orleans |
| Discussant: Saif Ullah, Concordia University |
| When corporations become citizens: Exploring the relationship between lobbying, controversial social legislation, and financial performance |
| By Saif Ullah; Concordia University |
| presented by: Saif Ullah, Concordia University |
| Discussant: Fatima Jebari, Wheaton College |
| Discretionary Investments and Product Recalls: Evidence from Lobbying Activities |
| By Fatima Jebari; Wheaton College Sudha Krishnaswami; The University of New Orleans |
| presented by: Fatima Jebari, Wheaton College |
| Discussant: Obed Izaguirre, University of New Orleans |
| Session ID 56: Currencies March 18, 2021 15:30 to 17:00 |
| Session Chair: John Stowe, Ohio University |
| Covariance Matrix Jumps in High-frequency Financial Markets |
| By Yuri Hupka; Oklahoma State University |
| presented by: Yuri Hupka, Oklahoma State University |
| Discussant: Tai Yi, SUNY Fredonia |
| Uncovered Equity Parity: Theory and Multi-Country Evidence |
| By Tai Yi; SUNY Fredonia Sean Sehyun Yoo; The Massey College of Business, Belmont University |
| presented by: Tai Yi, SUNY Fredonia |
| Discussant: Jiatao Liu, Cass Business School |
| Factor Structure in Cryptocurrency Returns and Volatility |
| By Jiatao Liu; Cass Business School |
| presented by: Jiatao Liu, Cass Business School |
| Discussant: Yuri Hupka, Oklahoma State University |
| Session ID 58: Derivatives 2 March 18, 2021 15:30 to 17:00 |
| Session Chair: Shenru Li, West Virginia University |
| Calendar Carry |
| By Friedrich-Carl Franz; Goethe University Frankfurt |
| presented by: Friedrich-Carl Franz, Goethe University Frankfurt |
| Discussant: Adnan Gazi, University of Liverpool, UK |
| Taking Money Off the Table: Suboptimal Early Exercises, Risky Arbitrage, and American Put Returns |
| By Adnan Gazi; University of Liverpool, UK |
| presented by: Adnan Gazi, University of Liverpool, UK |
| Discussant: Louis Piccotti, Spears School of Business, Oklahoma State University |
| A Closed-form Solution for Options on Assets with Pricing Errors |
| By Louis Piccotti; Spears School of Business, Oklahoma State University |
| presented by: Louis Piccotti, Spears School of Business, Oklahoma State University |
| Discussant: Friedrich-Carl Franz, Goethe University Frankfurt |
| Session ID 59: Law and Finance 2 March 18, 2021 15:30 to 17:00 |
| Session Chair: Goeun Choi, Arizona State University |
| Key Talent Outflow and Stock Price Crash: Evidence from the Rejection of the Inevitable Disclosure Doctrine |
| By Xin Liu; Renmin University of China Xiaoran Ni; School of Economics, Xiamen University |
| presented by: Xin Liu, Renmin University of China |
| Discussant: Spencer Barnes, Florida State University |
| Employee Discrimination and Corporate Morale: Evidence from the Equal Employment Opportunity Commission |
| By Spencer Barnes; Florida State University |
| presented by: Spencer Barnes, Florida State University |
| Discussant: Adrian Tippit, University of Texas at El Paso |
| Employee Diversity and Litigation Risk: Evidence from the Lilly Ledbetter Fair Pay Act |
| By Erik Devos; University of Texas at El Paso He Li; University of Wisconsin, Whitewater Adrian Tippit; University of Texas at El Paso |
| presented by: Adrian Tippit, University of Texas at El Paso |
| Discussant: Botong Shang, University of Rochester |
| Opportunistic Strategy in Corporate Fraud |
| By botong shang; University of Rochester |
| presented by: Botong Shang, University of Rochester |
| Discussant: Xin Liu, Renmin University of China |
| Session ID 60: Microstructure 2 March 18, 2021 15:30 to 17:00 |
| Session Chair: Maimuna Akter, Florida Atlantic University |
| Trade Time Clustering |
| By Jeffrey Black; University of Memphis Pankaj K. Jain; The University of Memphis Wei Sun; University of Memphis |
| presented by: Wei Sun, University of Memphis |
| Discussant: Nikhil Vidhani, Indian Institute of Management, Bangalore |
| Trading Volume and Dispersion of Signals |
| By Nikhil Vidhani; Indian Institute of Management, Bangalore |
| presented by: Nikhil Vidhani, Indian Institute of Management, Bangalore |
| Discussant: Eunju Lee, University of Massachusetts Lowell |
| Trade Secrets Protection and Stock Price Crash Risk |
| By Dan Hu; Umass Lowell Eunju Lee; University of Massachusetts Lowell Bingxin Li; West Virginia University |
| presented by: Bingxin Li, West Virginia University |
| Discussant: Wei Sun, University of Memphis |
| Session ID 52: Payout and Innovation March 18, 2021 15:30 to 17:00 |
| Session Chair: Sharier Azim Khan, University of Central Oklahoma (UCO) |
| PAYOUT FLEXIBILITY AND FIRM INNOVATION |
| By Sharier Azim Khan; University of Central Oklahoma (UCO) |
| presented by: Sharier Azim Khan, University of Central Oklahoma (UCO) |
| Discussant: Shunji Mei, The University of Queensland |
| How to Motivate Core Technical Employees and Middle-Level Managers? Evidence from Equity Incentive and Corporate Innovation |
| By Shunji Mei; The University of Queensland RONGHONG HUANG; University of Queensland Kelvin Jui Keng Tan; The University of Queensland |
| presented by: Shunji Mei, The University of Queensland |
| Discussant: JiHoon Hwang, The University of Arizona |
| Alternative Work Arrangements, Payout Policy, and Employment: Evidence from Independent Contractor Misclassification Statute |
| By JiHoon Hwang; The University of Arizona |
| presented by: JiHoon Hwang, The University of Arizona |
| Discussant: Sharier Azim Khan, University of Central Oklahoma (UCO) |
| Session ID 55: Real Estate 2 March 18, 2021 15:30 to 17:00 |
| Session Chair: Ankit Kapur, University of Texas - Arlington |
| Land Values and External Obsolescence |
| By Stanley Longhofer; Wichita State University |
| presented by: Stanley Longhofer, Wichita State University |
| Discussant: Anil Kumar, Aarhus University |
| The Effect of Real Estate Prices on Peer Firms |
| By Anil Kumar; Aarhus University Einar Kjenstad |
| presented by: Anil Kumar, Aarhus University |
| Discussant: Reilly White, University of New Mexico |
| Driving Value in the Sharing Economy: An Analysis of Peer-to-Peer Property Rentals |
| By Anika Poli; Arizona State University Reilly White; University of New Mexico |
| presented by: Reilly White, University of New Mexico |
| Discussant: Stanley Longhofer, Wichita State University |
| Session ID 51: Sentiment March 18, 2021 15:30 to 17:00 |
| Session Chair: Ivan Indriawan, Auckland University of Technology |
| Analyst Rating Changes and the Predictive Value of News and Twitter Sentiment |
| By John Garcia; University of North Texas |
| presented by: John Garcia, University of North Texas |
| Discussant: Nazanin Babolmorad, The University of Melbourne |
| When Sentiment Is News: Topic-Adaptive Syntax Approach (TASA) |
| By Nazanin Babolmorad; The University of Melbourne Nadia Massoud; Melbourne Business School |
| presented by: Nazanin Babolmorad, The University of Melbourne |
| Discussant: Lawrence Kryzanowski, Concordia University |
| Sentiment Analysis and Insider Trading |
| By Lawrence Kryzanowski; Concordia University Ali Rouhghalandari; Concordia University |
| presented by: Lawrence Kryzanowski, Concordia University |
| Discussant: John Garcia, University of North Texas |
| Session ID 62: Asset pricing 4 March 19, 2021 8:00 to 10:00 |
| Session Chair: Daniel Tortorice, College of the Holy Cross |
| Betting Against Other Betas |
| By Scott Murray; Georgia State University |
| presented by: Scott Murray, Georgia State University |
| Discussant: Richard Lewin, Rollins College |
| Short-termism, duration and the CAPM |
| By Richard Lewin; Rollins College Stephen Satchell; Trinity College Marc Sardy; Rollins College |
| presented by: Richard Lewin, Rollins College |
| Discussant: James Kolari, Texas A&M University |
| An Asset Pricing Approach to Estimating the Global Minimum Variance Portfolio |
| By Yao Han; Texas A&M University James Kolari; Texas A&M University Wei Liu; Texas A&M University |
| presented by: Yao Han, Texas A&M University |
| Discussant: Scott Murray, Georgia State University |
| Session ID 61: Banking 6 March 19, 2021 8:00 to 10:00 |
| Session Chair: Pietro Grandi, Universitè Paris 2 and Boston College |
| Global Demand Spillovers: When the Central Bank Buys Corporate Bonds |
| By Kerry Siani; Columbia University |
| presented by: Kerry Siani, Columbia University |
| Discussant: Jalaj Pathak, Indian Institute of Management (IIM), Bangalore |
| Who moved the Market? Analyzing the role of Central Bank speeches. |
| By Jalaj Pathak; Indian Institute of Management (IIM), Bangalore |
| presented by: Jalaj Pathak, Indian Institute of Management (IIM), Bangalore |
| Discussant: Cody Couture, University of California, Irvine |
| Differences between Central Bank and Private Sector Policy Rate Forecasts: Causes and Implications for Forward Guidance |
| By Cody Couture; University of California, Irvine |
| presented by: Cody Couture, University of California, Irvine |
| Discussant: Aakriti Mathur, Bank of England |
| In the dangerzone! Regulatory uncertainty and voluntary bank capital surpluses |
| By Aakriti Mathur; Bank of England |
| presented by: Aakriti Mathur, Bank of England |
| Discussant: Kerry Siani, Columbia University |
| Session ID 63: Behavioral Finance 3 March 19, 2021 8:00 to 10:00 |
| Session Chair: Xin Zheng, Tsinghua University |
| Investor Attention, News and the Herd Behavior of Individual Stock Returns |
| By Cedric Mbanga; Missouri State University Suzanne Shoukfeh; Texas Tech University Nilakshi Borah; University of Wisconsin-La Crosse |
| presented by: Nilakshi Borah, University of Wisconsin-La Crosse |
| Discussant: Wei Zhang, California State University, Chico |
| Behavioral Biases and the Asset Growth Anomaly |
| By Qingzhong Ma; California State University, Chico David Whidbee; Washington State University Wei Zhang; California State University, Chico |
| presented by: Wei Zhang, California State University, Chico |
| Discussant: Dmitry Makarov, Higher School of Economics |
| On ambiguity-seeking behavior in finance models with smooth ambiguity |
| By Dmitry Makarov; Higher School of Economics |
| presented by: Dmitry Makarov, Higher School of Economics |
| Discussant: Nilakshi Borah, University of Wisconsin-La Crosse |
| Session ID 65: Corporate Finance 4 March 19, 2021 8:00 to 10:00 |
| Session Chair: Somya Arora, Indian Institute of Management, Raipur |
| Liquidity Commonality and its Pricing: Evidence from Firms in Supply Chain Networks |
| By Byungjin Hong; McGill University |
| presented by: Byungjin Hong, McGill University |
| Discussant: David Dicks, Baylor University |
| The Earnings Announcement Premium as Uncertainty Aversion: Theory and Evidence |
| By David Dicks; Baylor University Hwanki Brian Kim; Baylor University |
| presented by: David Dicks, Baylor University |
| Discussant: Yifan Liu, Texas State University |
| EPS-motivated Share Repurchase and Stock Price Crash Risk |
| By Yifan Liu; Texas State University |
| presented by: Yifan Liu, Texas State University |
| Discussant: Haoyi Luo, University of Melbourne |
| Investors with Two Faces: Mediation Effects of Index Investors through Securities Lending |
| By Haoyi Luo; University of Melbourne |
| presented by: Haoyi Luo, University of Melbourne |
| Discussant: Byungjin Hong, McGill University |
| Session ID 68: Corporate Finance 5 March 19, 2021 8:00 to 10:00 |
| Session Chair: James Philpot, Missouri State University |
| Political connections, Cash holding and Firm Performance: Evidence from India |
| By Kousik Ganguly; Indian Institute of Technology Kharagpur Ajay Mishra; Indian Institute of Technology Kharagpur Katarzyna Platt; SUNY College at Old Westbury |
| presented by: Kousik Ganguly, Indian Institute of Technology Kharagpur |
| Discussant: Chenchen Huang, University of Bristol |
| Global Expansion of State-Owned Enterprises: Evidence from Corporate Alliances |
| By Chenchen Huang; University of Bristol Neslihan Ozkan; University of Bristol Fangming Xu; University of Bristol |
| presented by: Chenchen Huang, University of Bristol |
| Discussant: Einar Kjenstad, |
| Trade policy uncertainty and corporate policy |
| By Bent Jesper Christensen; Aarhus University Einar Kjenstad |
| presented by: Einar Kjenstad, |
| Discussant: Shengnan Li, Rutgers University |
| The Impact of the Tax Cuts and Jobs Act on the US Defined Benefit Pension Landscape: A Comprehensive Examination |
| By Divya Anantharaman; Rutgers University Saipriya Kamath; London School of Economics Shengnan Li; Rutgers University |
| presented by: Shengnan Li, Rutgers University |
| Discussant: Kousik Ganguly, Indian Institute of Technology Kharagpur |
| Session ID 64: Corporate Governance 2 March 19, 2021 8:00 to 10:00 |
| Session Chair: Ann Marie Hibbert, West Virginia University |
| Chalk it up to experience: CEO general ability and earnings management |
| By Leila Zbib; Bryant University Douglas Fairhurst; Washington State University Kourosh Amirkhani; Washington State University |
| presented by: Leila Zbib, Bryant University |
| Discussant: Busra Agcayazi, West Virginia University |
| The Effect of CEO International Experience on M&As and Firm Performance |
| By Busra Agcayazi; West Virginia University Ann Marie Hibbert; West Virginia University |
| presented by: Busra Agcayazi, West Virginia University |
| Discussant: Deepak More, University of Texas Rio Grande Valley |
| CEO Marital Status and Corporate Cash Holdings |
| By Md Noman Hossain; University of Texas Rio Grande Valley |
| presented by: Md Noman Hossain, University of Texas Rio Grande Valley |
| Discussant: Hua Cheng, Nankai University |
| The Effects of Financial Markets on Managerial Opportunistic Behavior |
| By Hua Cheng; Nankai University Tingting Liu; Iowa State University K. C. John Wei; Hong Kong Polytechnic University |
| presented by: Hua Cheng, Nankai University |
| Discussant: Leila Zbib, Bryant University |
| Session ID 66: Credit risk March 19, 2021 8:00 to 10:00 |
| Session Chair: Daniel te Kaat, University of Groningen |
| A Tale of Two Tail Risks: Bank Credit Risk and Financial Market Jump Hazard |
| By Xin Huang; Federal Reserve Board |
| presented by: Xin Huang, Federal Reserve Board |
| Discussant: Toka Mohamed, Qatar University |
| Determinants of Credit Risk in Islamic and Conventional Microfinance Institutions |
| By Toka Mohamed; Qatar University Mohammed Elgammal; Qatar University |
| presented by: Toka Mohamed, Qatar University |
| Discussant: Mengyi GU, University of Massachusetts Boston |
| U.S. political corruption and the cost of bank loans |
| By Mengyi GU; University of Massachusetts Boston |
| presented by: Mengyi GU, University of Massachusetts Boston |
| Discussant: Lakshita Jain, University of North Carolina, Chapel Hill |
| The Unholy Trinity: Regulatory Forbearance, Stressed Banks and Zombie Firms |
| By Anusha Chari; University of North Carolina at Chapel Hill Lakshita Jain; University of North Carolina, Chapel Hill Nirupama Kulkarni; CAFRAL |
| presented by: Lakshita Jain, University of North Carolina, Chapel Hill |
| Discussant: Xin Huang, Federal Reserve Board |
| Session ID 69: CSR 5 March 19, 2021 8:00 to 10:00 |
| Session Chair: Charli Tandja, Université du Québec en Outaouais |
| Strategic CSR, Human Resource Management, and Innovation |
| By Megumi Suto; Waseda University Hitoshi Takehara; Waseda University |
| presented by: Hitoshi Takehara, Waseda University |
| Discussant: MD RUHUL AMIN, University of Texas-Rio Grande Valley |
| Does Local Religiosity Influence Workplace Safety? |
| By MD RUHUL AMIN; University of Texas-Rio Grande Valley Incheol Kim; The University of Texas-Rio Grande Valley Suin Lee; The University of Texas-Rio Grande Valley |
| presented by: MD RUHUL AMIN, University of Texas-Rio Grande Valley |
| Discussant: Angelica Rabago, St. Mary's University |
| The Connection Between Finance and Corporate Social Responsibility |
| By Violeta Diaz; St. Mary's University Angelica Rabago; St. Mary's University |
| presented by: Angelica Rabago, St. Mary's University |
| Discussant: Hitoshi Takehara, Waseda University |
| Session ID 70: Derivatives 3 March 19, 2021 8:00 to 10:00 |
| Session Chair: Botong Shang, University of Rochester |
| The Role of Intermediaries in Derivatives Markets: Evidence from VIX Options |
| By Kris Jacobs; University of Houston Anh Thu Mai; University of Houston |
| presented by: Anh Thu Mai, University of Houston |
| Discussant: Shuyuan Qi, ICMA Centre |
| Model Risk in the Over-the-Counter Market |
| By Emese Lazar; University of Reading Shuyuan Qi; ICMA Centre |
| presented by: Shuyuan Qi, ICMA Centre |
| Discussant: Botong Shang, University of Rochester |
| Real Effects in the Option Market |
| By botong shang; University of Rochester |
| presented by: Botong Shang, University of Rochester |
| Discussant: Anh Thu Mai, University of Houston |
| Session ID 71: International Finance and Commodities March 19, 2021 8:00 to 10:00 |
| Session Chair: Tai Yi, SUNY Fredonia |
| Efficiency of Bankruptcy and Social capital: A cross country analysis |
| By Renee Oyotode -Adebile; Northwest Missouri State University |
| presented by: Renee Oyotode -Adebile, Northwest Missouri State University |
| Discussant: Jian Xu, UTRGV |
| Shaping the Stock Price Informativeness: The Role of Share Pledging in China Market |
| By Yanbo Jin; California State University, Northridge Siqi Wei; California State University Northridge jian xu; University of Texas Rio Grande Valley |
| presented by: Jian Xu, UTRGV |
| Discussant: Renee Oyotode -Adebile, Northwest Missouri State University |
| Analysis on connectedness among oil and agricultural commodities based on a quantile cross-spectral approach |
| By Yun-Jung Lee; Pusan National University Seong-Min Yoon; Pusan National University |
| presented by: Yun-Jung Lee, Pusan National University |
| Discussant: Bingxin Li, West Virginia University |
| Hedging, Safe Haven, and Price Discovery of Gold ETF |
| By Bingxin Li; West Virginia University Zhan Wang Gulnara Zaynutdinova; West Virginia University |
| presented by: Gulnara Zaynutdinova, West Virginia University |
| Discussant: Yun-Jung Lee, Pusan National University |
| Session ID 67: Investment Strategies March 19, 2021 8:00 to 10:00 |
| Session Chair: Lavinia Rognone, University of Manchester |
| Diversification, Information Asymmetry, and Smart Investments |
| By Hongyan Li; Fairleigh Dickinson University |
| presented by: Hongyan Li, Fairleigh Dickinson University |
| Discussant: Lavinia Rognone, University of Manchester |
| The Economic Value of Financial Noise Timing |
| By Lavinia Rognone; University of Manchester Ying Chen; National University of Singapore Stuart Hyde; University of Manchester S. Sarah Zhang; University of Manchester |
| presented by: Lavinia Rognone, University of Manchester |
| Discussant: Paul Haensly, University of Texas-Permian Basin |
| The Risk-Reward Trade-off in Naïve Diversification: Forget Optimization—Just Diversify! |
| By Paul Haensly; The University of Texas-Permian Basin |
| presented by: Paul Haensly, University of Texas-Permian Basin |
| Discussant: Hongyan Li, Fairleigh Dickinson University |
| Session ID 72: Personal Finance March 19, 2021 8:00 to 10:00 |
| Session Chair: Mingli Zhong, National Bureau of Economic Research |
| Do Investment Advisers Herd in Office Location? |
| By Jing Wei; Stony Brook University Tianyue Zhao; University of Pittsburgh |
| presented by: Jing Wei, Stony Brook University |
| Discussant: David Shrider, Miami University |
| The Best Laid Plans: Self-Control Mechanisms Across Race |
| By Joseph Braun; William Blair David Shrider; Miami University |
| presented by: David Shrider, Miami University |
| Discussant: Mingli Zhong, National Bureau of Economic Research |
| Optimal Default Retirement Saving Policies: Theory and Evidence from OregonSaves |
| By Mingli Zhong; National Bureau of Economic Research |
| presented by: Mingli Zhong, National Bureau of Economic Research |
| Discussant: Jing Wei, Stony Brook University |
| Session ID 82: Asset Pricing 5 March 19, 2021 10:15 to 11:45 |
| Session Chair: Vassilios Papavassiliou, University College Dublin |
| Equity Premium with Habits, Wealth Inequality and Background Risk |
| By Georgios Koimisis; Manhattan College Christos Giannikos; Baruch College |
| presented by: Georgios Koimisis, Manhattan College |
| Discussant: Naresh Bansal, Saint Louis University |
| Bond Risk's Role in the Equity Risk-Return Trade-off |
| By Naresh Bansal; Saint Louis University Christopher Stivers; University of Louisville |
| presented by: Naresh Bansal, Saint Louis University |
| Discussant: Zhiting Wu, University of St Andrews |
| Firm Heterogeneity in Production-based Asset Pricing: the Role of Habit Sensitivity and Lumpy Investment |
| By Zhiting Wu; University of St Andrews |
| presented by: Zhiting Wu, University of St Andrews |
| Discussant: Georgios Koimisis, Manhattan College |
| Session ID 78: CEOs 2 March 19, 2021 10:15 to 11:45 |
| Session Chair: Ann Marie Hibbert, West Virginia University |
| Transition to the Top: The case of CFO to CEO |
| By Jonathan Fluharty; West Virginia University Ann Marie Hibbert; West Virginia University |
| presented by: Ann Marie Hibbert, West Virginia University |
| Discussant: Tingting Zhang, |
| Separating CEO Duality or Not? Leadership Structure and Stock Price Crash Risk |
| By Incheol Kim; University of Texas Rio Grande Valley Zhengyi Zhang; Capital University of Economics and Business Tingting Zhang; China University of Political Science and Law |
| presented by: Tingting Zhang, |
| Discussant: Hussein Abdoh, United Arab Emirates University |
| Industry tournament incentives and differential risk taking |
| By Hussein Abdoh; United Arab Emirates University |
| presented by: Hussein Abdoh, United Arab Emirates University |
| Discussant: Jonathan Fluharty, West Virginia University |
| Session ID 84: Corporate Finance 6 March 19, 2021 10:15 to 11:45 |
| Session Chair: James Philpot, Missouri State University |
| Debt Capacity and Corporate Cash Holdings |
| By Hsuan-Chi Chen; University of New Mexico Robin K. Chou; Department of Finance, National Chengchi University Chih-Yung Lin; National Chiao-Tung University Chien-lin Lu; National Ilan University |
| presented by: Chien-lin Lu, National Ilan University |
| Discussant: Chao Wei, University of Texas at El Paso |
| Supply Chain Concentration and Cost of Capital |
| By Chao Wei; University of Texas at El Paso |
| presented by: Chao Wei, University of Texas at El Paso |
| Discussant: Fabian Silbereis, Karlsruhe Institute of Technology |
| Precautionary Savings with Risky Assets? Evidence from Germany |
| By Daniel Hoang; Karlsruhe Institute of Technology Fabian Silbereis; Karlsruhe Institute of Technology Raphael Stengel; Karlsruhe Institute of Technology |
| presented by: Fabian Silbereis, Karlsruhe Institute of Technology |
| Discussant: Chien-lin Lu, National Ilan University |
| Session ID 79: COVID-19 Impact March 19, 2021 10:15 to 11:45 |
| Session Chair: Dobrina Jandik, University of Arkansas |
| Role of Equity Market Segmentation during the COVID-19 Pandemic: Worldwide Evidence |
| By Ankita Damani; University of Texas at Arlington Anh Nguyen; University of Texas at Arlington Fnu Pratima; University of Texas at Arlington |
| presented by: Anh Nguyen, University of Texas at Arlington |
| Discussant: Nina Rogers, Tarleton State University |
| Market Reaction to Exogenous shock effect on different organizational structure within an industry |
| By Lynn Kendall; LSU Shreveport Nina Rogers; Tarleton State University |
| presented by: Nina Rogers, Tarleton State University |
| Discussant: Aslihan Korkmaz, Dominican University of California |
| Household-owned businesses’ vulnerability to the COVID-19 pandemic |
| By Pengpeng Yue; Beijing Technology and Business University Aslihan Korkmaz; Dominican University of California Zhichao Yin; Capital University of Economics and Business Haigang Zhou; Cleveland State University |
| presented by: Aslihan Korkmaz, Dominican University of California |
| Discussant: Anh Nguyen, University of Texas at Arlington |
| Session ID 76: Innovations March 19, 2021 10:15 to 11:45 |
| Session Chair: Hua Cheng, Nankai University |
| Angels and Demons: The Negative Effect of Employees' Angel Investments on Corporate Innovation |
| By Clemens Mueller; University of Mannheim Santanu Kundu; University of Mannheim |
| presented by: Clemens Mueller, University of Mannheim |
| Discussant: Danxia Xie, Tsinghua University |
| A Rational Rush Theory of Financing Innovations |
| By Danxia Xie; Tsinghua University |
| presented by: Danxia Xie, Tsinghua University |
| Discussant: Reza Houston, Ball State University |
| Less Class Actions, More Innovation |
| By Mohammad Sydul Karim; University of New Orleans M. Kabir Hassan; University of New Orleans Reza Houston; Ball State University |
| presented by: Reza Houston, Ball State University |
| Discussant: Clemens Mueller, University of Mannheim |
| Session ID 75: Investor Relations March 19, 2021 10:15 to 11:45 |
| Session Chair: Surbhi Jain, IIM Indore |
| Do Investors Listen? Exploring the Effectiveness of Investor Relationship Management on Firm-Specific Information Content |
| By Pia Gupta; California State University, Long Beach Dan He; Southwestern University of Finance and Economics Yulong Ma; California State University, Long Beach Jasmine Yur-Austin; California State University, Long Beach |
| presented by: Yulong Ma, California State University, Long Beach |
| Discussant: Somya Arora, Indian Institute of Management, Raipur |
| Does Founder Ownership Impact the Readability of Financial Reports? |
| By Somya Arora; Indian Institute of Management, Raipur yogesh chauhan; Indian Institute of Management Raipur |
| presented by: Somya Arora, Indian Institute of Management, Raipur |
| Discussant: Hui Wang, The Hong Kong University of Science and Technology |
| The Informativeness of Text, the Deep Learning Approach |
| By Allen Huang; Hong Kong University of Science and Technology Hui Wang; The Hong Kong University of Science and Technology Yi Yang; HKUST |
| presented by: Hui Wang, The Hong Kong University of Science and Technology |
| Discussant: Surbhi Jain, IIM Indore |
| Risk disclosures and firm value: the role of governance in an emerging market |
| By Surbhi Jain; IIM Indore |
| presented by: Surbhi Jain, IIM Indore |
| Discussant: Yulong Ma, California State University, Long Beach |
| Session ID 77: Macro Finance 2 March 19, 2021 10:15 to 11:45 |
| Session Chair: Jason Damm, Florida Atlantic University |
| Financial Wealth, Investment and Sentiment in a Bayesian DSGE Model |
| By Tao Jin; Tsinghua University Simon Kwok; The University of Sydney Xin Zheng; Tsinghua University |
| presented by: Xin Zheng, Tsinghua University |
| Discussant: Mattia Bevilacqua, London School of Economics |
| Ex ante industry-based uncertainty network and the business cycle |
| By Jozef Barunik; Institute of Economic Studies, Charles U Mattia Bevilacqua; London School of Economics Robert Faff; University of Queensland |
| presented by: Mattia Bevilacqua, London School of Economics |
| Discussant: Oussama Houari, University of Poitiers / University of Tours |
| Uncertainty shocks and business cycles in the US: New Insights from the last Three Decades |
| By Oussama Houari; University of Poitiers / University of Tours |
| presented by: Oussama Houari, University of Poitiers / University of Tours |
| Discussant: Xin Zheng, Tsinghua University |
| Session ID 83: Negative Interest Rates Panel Session March 19, 2021 10:15 to 11:45 |
| Session Chair: Krishnan Dandapani, Florida International University |
| Negative Interest Rates, Corporate Debt and Capital Structure |
| Presented by: Marcos Velazquez, Florida International University |
| Negative Interest Rates - Implications for Pension Funds & Insurance Companies |
| Presented by: Xiaomeng Lu, Florida International University |
| Negative Interest Rates and Banking Models |
| Presented by: Krishnan Dandapani, Florida International University |
| Negative Interest Rates and European Pension Plans |
| Presented by: Le Zhao, Florida International University |
| Session ID 81: Productivity March 19, 2021 10:15 to 11:45 |
| Session Chair: Jiahao Gu, West Virginia University |
| Does Working from Home Decrease Performance? Evidence from the Mutual Fund Industry |
| By Han Xiao; Pennsylvania State University |
| presented by: Han Xiao, Pennsylvania State University |
| Discussant: Yifan Liu, Texas State University |
| The Effect of Unionized Labor on Firm Value and Risk: Evidence from the COVID-19 Crisis |
| By Yifan Liu; Texas State University |
| presented by: Yifan Liu, Texas State University |
| Discussant: Jian Xu, UTRGV |
| Foreign Ownership and Productivity |
| By Jian Xu; UTRGV Yu Liu; University of Texas Rio Grande Valley Hussein Abdoh; United Arab Emirates University |
| presented by: Jian Xu, UTRGV |
| Discussant: Han Xiao, Pennsylvania State University |
| Session ID 74: Real Estate 3 March 19, 2021 10:15 to 11:45 |
| Session Chair: Ali Dadpay, University of Dallas |
| An Empirical Study of Reverse Mortgage Market in the Aftermath of the Tax Cuts and Jobs Act |
| By John Colias; University of Dallas Ali Dadpay; University of Dallas Jenny Gu; University of Dallas |
| presented by: Ali Dadpay, University of Dallas |
| Discussant: David Zhang, Harvard Business School |
| Mortgage Prepayment, Race, and Monetary Policy |
| By Kristopher Gerardi; Atlanta Fed Paul Willen; Federal Reserve Bank of Boston David Zhang; Harvard Business School |
| presented by: David Zhang, Harvard Business School |
| Discussant: Santoshi Rimal, Louisiana State University |
| Cost of Alternative Housing Option and Strategic Default |
| By Santoshi Rimal; Louisiana State University |
| presented by: Santoshi Rimal, Louisiana State University |
| Discussant: Ali Dadpay, University of Dallas |
| Session ID 107: Teaching Finance During a Pandemic Panel Session: Best Practices for Teaching and Assessment March 19, 2021 10:15 to 11:45 |
| Session Chair: Timothy Michael, University of Houston Clear Lake |
| Presented by: Steven Pilloff, George Mason University |
| Presented by: Melissa Williams, |
| Presented by: Timothy Michael, University of Houston Clear Lake |
| Presented by: Howard Keen, |
| Session ID 95: Banking 7 March 19, 2021 13:45 to 15:15 |
| Session Chair: Jennifer Brodmann, California State University Dominguez Hills |
| Bridging the Gap between the Deposit Insurance Fund Target Level and the Current Fund Level |
| By John O'Keefe; Independent Consultant Alexander Ufier; Federal Deposit Insurance Corporation |
| presented by: John O'Keefe, Independent Consultant |
| Discussant: Mustafa Emin, University of Florida |
| Herding Behavior in the CLO Market |
| By Mustafa Emin; University of Florida |
| presented by: Mustafa Emin, University of Florida |
| Discussant: David Zhang, Harvard Business School |
| Do Lenders Still Discriminate? A Robust Approach for Assessing Differences in Menus |
| By David Zhang; Harvard Business School Paul Willen; Federal Reserve Bank of Boston |
| presented by: David Zhang, Harvard Business School |
| Discussant: Alexander Ufier, Federal Deposit Insurance Corporation |
| Session ID 96: Corporate Finance 7 March 19, 2021 13:45 to 15:15 |
| Session Chair: Nataliya Gerasimova, Norwegian School of Economics |
| Cross-Border Private Equity and Valuation Effects |
| By Sharjil Haque; University of North Carolina at Chapel Hill |
| presented by: Sharjil Haque, University of North Carolina at Chapel Hill |
| Discussant: Charles Hanby, Texas A&M University Central Texas |
| Private Equity (PE) Performance around the World |
| By Charles Hanby; Texas A&M University Central Texas |
| presented by: Charles Hanby, Texas A&M University Central Texas |
| Discussant: Thomas Thompson, University of Texas at Arlington |
| An Examination of the Survivability of Equity Carve-out Parents |
| By Thomas Thompson; University of Texas at Arlington |
| presented by: Thomas Thompson, University of Texas at Arlington |
| Discussant: Sharjil Haque, University of North Carolina at Chapel Hill |
| Session ID 90: Credit March 19, 2021 13:45 to 15:15 |
| Session Chair: Harshal Mulay, IIM Calcutta |
| Trade credit, market power and asymmetric information |
| By Kulnicha Meechaiyo; University of Glasgow |
| presented by: Kulnicha Meechaiyo, University of Glasgow |
| Discussant: Mohsen Mollagholamali, Western Kentucky University |
| Country-Level Corporate Governance and Lines of Credit |
| By Mohsen Mollagholamali; Western Kentucky University Ramesh Rao; Oklahoma State University |
| presented by: Mohsen Mollagholamali, Western Kentucky University |
| Discussant: Harshal Mulay, IIM Calcutta |
| Re-examining the Relationship between Creditor Rights and Corporate Leverage through a Cultural Lens |
| By Harshal Mulay; IIM Calcutta |
| presented by: Harshal Mulay, IIM Calcutta |
| Discussant: Kulnicha Meechaiyo, University of Glasgow |
| Session ID 87: Entrepreneurial Finance March 19, 2021 13:45 to 15:15 |
| Session Chair: Sungjoung Kwon, Wayne State University |
| Self-dealing in Venture Capital |
| By Sungjoung Kwon; Wayne State University |
| presented by: Sungjoung Kwon, Wayne State University |
| Discussant: Xiao Ren, University of Georgia |
| Diffusers of Entrepreneurship |
| By Sean Cao; Georgia State University Jie He; University of Georgia Zhilu Lin; Clarkson University Xiao Ren; University of Georgia |
| presented by: Xiao Ren, University of Georgia |
| Discussant: Thomas Hall, Christopher Newport University |
| What Determines Global Flows of Entrepreneurial Finance? |
| By Thomas Hall; Christopher Newport University |
| presented by: Thomas Hall, Christopher Newport University |
| Discussant: Sungjoung Kwon, Wayne State University |
| Session ID 92: Finance and Politics 2 March 19, 2021 13:45 to 15:15 |
| Session Chair: Robinson Reyes Pena, Florida International University |
| Partisan Investment Cycles |
| By Anthony Rice; Arizona State University |
| presented by: Anthony Rice, Arizona State University |
| Discussant: Robinson Reyes Pena, Florida International University |
| Retirement and Politics: Identifying the best practices |
| By Edward Lawrence; Florida International University Robinson Reyes Pena; Florida International University |
| presented by: Robinson Reyes Pena, Florida International University |
| Discussant: Javier Mella, Christopher Newport University |
| Political cycles, corporate taxes, and stock returns: International Evidence |
| By Javier Mella; Christopher Newport University Parastoo Ostad; McMaster University |
| presented by: Javier Mella, Christopher Newport University |
| Discussant: JiHoon Hwang, The University of Arizona |
| Does Disclosure Enforcement Improve Human Rights? Evidence from the California Transparency in Supply Chains Act |
| By Chune Young Chung; Chung-Ang University Ji Hoon Hwang; University of Arizona Incheol Kim; University of Texas Rio Grande Valley |
| presented by: JiHoon Hwang, The University of Arizona |
| Discussant: Anthony Rice, Arizona State University |
| Session ID 88: Financial Accounting March 19, 2021 13:45 to 15:15 |
| Session Chair: Dhruba Banjade, University Of Texas at Arlington |
| Securities Law Precedents, Litigation Risk, and Misreporting |
| By Benedikt Franke; University of Mannheim Allen Huang; HKUST Reeyarn Li; University of Mannheim |
| presented by: Reeyarn Li, University of Mannheim |
| Discussant: Jan Riepe, Tuebingen University |
| Chasing a Ghost: Complex accounting signals, costly information processing, and banks’ financial stability |
| By Ulf Mohrmann; Norwegian School of Economics Jan Riepe; Tuebingen University |
| presented by: Jan Riepe, Tuebingen University |
| Discussant: Humnath Panta, Humboldt State University |
| Audit Fees and Political Favor |
| By Humnath Panta; Humboldt State University Dhruba Banjade; UTA Jamshed Iqbal; University of Vaasa, Finland Arun Narayanasamy; Brenau University |
| presented by: Humnath Panta, Humboldt State University |
| Discussant: Reeyarn Li, University of Mannheim |
| Session ID 91: Financial Education March 19, 2021 13:45 to 15:15 |
| Session Chair: Stephanie Hoskins, LSU |
| Is personal financial literacy education beneficial? Evidence from a sample of a predominantly black college students |
| By Hinh Khieu; Prairie View A&M University Manfen Chen; University of Southern Indiana |
| presented by: Hinh Khieu, Prairie View A&M University |
| Discussant: John Stowe, Ohio University |
| Using Portfolio Theory to Design Better Exams |
| By Ehsan Ardjmand; Ohio University David Stowe; Ohio University John Stowe; Ohio University |
| presented by: John Stowe, Ohio University |
| Discussant: Jitka Hilliard, Auburn University |
| Does Financial Literacy Affect the Choice and Use of Different Financial Institutions and Services? |
| By James Barth; Auburn University, Finance Department Valentina Hartarska; Auburn University Jitka Hilliard; Auburn University Nguyen Nguyen; Auburn University |
| presented by: Nguyen Nguyen, Auburn University |
| Discussant: Hinh Khieu, Prairie View A&M University |
| Session ID 85: Natural Disasters March 19, 2021 13:45 to 15:15 |
| Session Chair: Anh Nguyen, University of Texas at Arlington |
| Death, Destruction, and Manipulation |
| By Maimuna Akter; Florida Atlantic University |
| presented by: Maimuna Akter, Florida Atlantic University |
| Discussant: Qiuhong Zhao, Texas A&M University - Corpus Christi |
| Disastrous Weather Events and Analysts’ Earnings Forecasts |
| By Qiuhong Zhao; Texas A&M University - Corpus Christi Anh Tran; Monash University Cameron Truong; Monash University |
| presented by: Qiuhong Zhao, Texas A&M University - Corpus Christi |
| Discussant: Samir Elsadek Mahmoudi, Georgia State University |
| The Propagation of Local Credit Shocks: Evidence from Hurricane Katrina |
| By Samir Elsadek Mahmoudi; Georgia State University |
| presented by: Samir Elsadek Mahmoudi, Georgia State University |
| Discussant: Maimuna Akter, Florida Atlantic University |
| Session ID 86: Real Estate 4 March 19, 2021 13:45 to 15:15 |
| Session Chair: Fan Zhang, Arizona State University |
| A Closer Look at the Canadian Housing Prices: Modeling Relationships among regions |
| By Vijay Vishwakarma; St. Francis Xavier University |
| presented by: Vijay Vishwakarma, St. Francis Xavier University |
| Discussant: Dobrina Jandik, University of Arkansas |
| Post-COVID-19 Real Estate Net Absorptions and Social Capital in US Metropolitan Areas |
| By Mary Daugherty; University of St.Thomas, Minnesota Dobrina Jandik; University of Arkansas |
| presented by: Dobrina Jandik, University of Arkansas |
| Discussant: Steven Shu-Hsiu Chen, Texas A&M International University |
| Interdependence of Property Prices and Building Vacancy Rates in Residential and Commercial Real Estate Markets: Hong Kong and Singapore |
| By Steven Shu-Hsiu Chen; Texas A&M International University Li-Min Hsueh; Chinese Society of Housing Studies |
| presented by: Steven Shu-Hsiu Chen, Texas A&M International University |
| Discussant: Vijay Vishwakarma, St. Francis Xavier University |
| Session ID 89: Sovereign Debt and CDS March 19, 2021 13:45 to 15:15 |
| Session Chair: Maria de Boyrie, New Mexico State University |
| Time-varying predictability in the European sovereign bond market |
| By Conall O'Sullivan; University College Dublin Vassilios Papavassiliou; University College Dublin |
| presented by: Vassilios Papavassiliou, University College Dublin |
| Discussant: Chi Yin, National Sun Yat-sen University |
| The Effects of US Macroeconomic Surprises on the Term Structure of Emerging-market Sovereign Credit Default Swaps |
| By Chi Yin; National Sun Yat-sen University Junmao Chiu; Yuan Ze University Yu-Jen Hsiao; Taipei Medical University Chien-Wen Tang; National Sun Yat-sen University Wei-Che Tsai; National Sun Yat-sen University |
| presented by: Chi Yin, National Sun Yat-sen University |
| Discussant: Maria de Boyrie, New Mexico State University |
| Extreme Risk Spillovers from Commodity Indexes to Sovereign CDS Spreads of Commodity Dependent Countries: A VAR Quantile Analysis |
| By Massaporn Cheuathonghua; Rajamangala University of Technology Rattanakosin Maria de Boyrie; New Mexico State University Ivelina Pavlova; University of Houston Clear Lake Jutamas Wongkantarakorn; Rajamangkala University of Technology Rattanakosin |
| presented by: Maria de Boyrie, New Mexico State University |
| Discussant: Vassilios Papavassiliou, University College Dublin |
| Session ID 94: Trading March 19, 2021 13:45 to 15:15 |
| Session Chair: Xindi He, University of Chicago |
| Informed Option Trading prior to a Corporate Announcement: When the Announcer Has Full Control |
| By Vladimir Ivanov; U.S. SEC Ivalina Kalcheva; University of Texas at San Antonio Julian Zhang; Loyola Marymount University |
| presented by: Ivalina Kalcheva, University of Texas at San Antonio |
| Discussant: Ian Xue, Rowan University |
| Regulating Unsuitable Transactions |
| By Xu Jiang; Duke University Ian Xue; Rowan University |
| presented by: Ian Xue, Rowan University |
| Discussant: Christopher Anderson, Federal Reserve Board of Governors |
| Inferring Intermediary Risk Exposure from Trade |
| By Christopher Anderson; Federal Reserve Board of Governors Weiling Liu; Northeastern University |
| presented by: Christopher Anderson, Federal Reserve Board of Governors |
| Discussant: Ivalina Kalcheva, University of Texas at San Antonio |
| Session ID 97: IPOs March 19, 2021 15:30 to 17:00 |
| Session Chair: Patricia Ryan, Colorado State University |
| Direct Listing or IPO? The Anatomy of the Going-Public Market |
| By Miles Zheng; University of Illinois at Urbana-Champaign |
| presented by: Miles Zheng, University of Illinois at Urbana-Champaign |
| Discussant: Patricia Ryan, Colorado State University |
| Examination of IPO Share Changes |
| By Arnold Cowan; Iowa State University Patricia Ryan; Colorado State University |
| presented by: Patricia Ryan, Colorado State University |
| Discussant: Mengxi Chen, Central Connecticut State University |
| Aftermarket Performance of Emerging Growth Companies and Role of Institutional Investors |
| By Mengxi Chen; Central Connecticut State University Xu Niu; Sacred Heart University |
| presented by: Mengxi Chen, Central Connecticut State University |
| Discussant: Miles Zheng, University of Illinois at Urbana-Champaign |
| Session ID 108: Doctoral Student Panel: Navigating the Early Career March 19, 2021 15:30 to 17:00 |
| Session Chair: James Philpot, Missouri State University |
| Presented by: Andrew Lynch, University of Mississippi |
| Presented by: Sri Nippani, Texas A&M University - Commerce |
| Session ID 99: Investments 3 March 19, 2021 15:30 to 17:00 |
| Session Chair: Nilakshi Borah, University of Wisconsin-La Crosse |
| Manager Networks and Hedge Fund Performance |
| By Jun Duanmu; Seattle University William McCumber; Louisiana Tech University Qing Yang; Lousiana Tech University |
| presented by: Qing Yang, Lousiana Tech University |
| Discussant: Yuhao Chen, University of Massachusetts Amherst |
| The Value of Being Alone: Evidence from Hedge Fund Industry |
| By Yuhao Chen; University of Massachusetts Amherst Huan Kuang; University of Massachusetts Amherst |
| presented by: Yuhao Chen, University of Massachusetts Amherst |
| Discussant: Arati Kale, UT Arlington |
| IS BEAUTY JUST SKIN DEEP? |
| By Gajanan Ganji; The University of Chicago Arati Kale; UT Arlington Devendra Kale; The University of Rhode Island |
| presented by: Arati Kale, UT Arlington |
| Discussant: Qing Yang, Lousiana Tech University |
| Session ID 106: Portfolio Management March 19, 2021 15:30 to 17:00 |
| Session Chair: Paul Haensly, University of Texas-Permian Basin |
| Sparse Portfolios |
| By Ekaterina Seregina; University of California, Riverside |
| presented by: Ekaterina Seregina, University of California, Riverside |
| Discussant: Ke Tang, Tsinghua University |
| Single-Step Portfolio Construction through Reinforcement Learning and Economically Interpretable AI |
| By Will Cong; Cornell University Ke Tang; Tsinghua University Jingyuan Wang; Beihang University Yang Zhang; Beihang University |
| presented by: Ke Tang, Tsinghua University |
| Discussant: Ludwig Chincarini, University of San Francisco |
| Enhanced Indexing and Selectivity Theory |
| By Andrei Bolshakov; Wedge Capital Ludwig Chincarini; University of San Francisco Christopher Lewis; Wedge Capital |
| presented by: Ludwig Chincarini, University of San Francisco |
| Discussant: Ekaterina Seregina, University of California, Riverside |
| Session ID 105: Finance and Politics 3 March 19, 2021 15:30 to 17:00 |
| Session Chair: Md Noman Hossain, University of Texas Rio Grande Valley |
| The Effect of Female Leadership on Contracting from Capitol Hill to Main Street |
| By Nataliya Gerasimova; Norwegian School of Economics Maximilian Rohrer; NHH Norwegian School of Economics |
| presented by: Nataliya Gerasimova, Norwegian School of Economics |
| Discussant: Jason Damm, Florida Atlantic University |
| The Peer Effects in Government Contracting |
| By Jason Damm; Florida Atlantic University Zhijian (Chris) He; Marquette University David Javakhadze; Florida Atlantic University |
| presented by: Jason Damm, Florida Atlantic University |
| Discussant: Solmaz Batebi, |
| Political orientation and the information revelation preferences of Red and Blue CEOs |
| By Ahmed Elnahas; University of Texas RGV Lei Gao; Iowa State University Md Noman Hossain; University of Texas Rio Grande Valley Jeong-Bon Kim; City University of Hong Kong |
| presented by: Md Noman Hossain, University of Texas Rio Grande Valley |
| Discussant: Nataliya Gerasimova, Norwegian School of Economics |
| Session ID 104: Competition March 19, 2021 15:30 to 17:00 |
| Session Chair: Leyuan You, Texas State University |
| Product market competition and corporate demand for insurance |
| By Hae Won (Henny) Jung; The University of Melbourne Zhiyong (John) Liu; Indiana State University |
| presented by: Zhiyong (John) Liu, Indiana State University |
| Discussant: Line Drapeau, Queen's University |
| Does product market competition impact firm value? Worldwide evidence |
| By Line Drapeau; Queen's University Louis Gagnon; Queen's University |
| presented by: Line Drapeau, Queen's University |
| Discussant: Leyuan You, Texas State University |
| Competition and Earnings Management: Evidence from Exogeneous Changes in Analyst Coverage |
| By Leyuan You; Texas State University |
| presented by: Leyuan You, Texas State University |
| Discussant: Zhiyong (John) Liu, Indiana State University |
| Session ID 103: Insurance March 19, 2021 15:30 to 17:00 |
| Session Chair: Shawn McFarland, Southern Methodist University |
| Interest Rates and Duration Matching of Life Insurers |
| By Qianlong Liu; Georgia State University |
| presented by: Qianlong Liu, Georgia State University |
| Discussant: Steven Shu-Hsiu Chen, Texas A&M International University |
| Foreign Investments of Japanese Life Insurance Companies |
| By Steven Shu-Hsiu Chen; Texas A&M International University |
| presented by: Steven Shu-Hsiu Chen, Texas A&M International University |
| Discussant: Shawn McFarland, Southern Methodist University |
| The Non-Constant Effects of Non-Clinical Factors on Healthcare Costs |
| By Shawn McFarland; Southern Methodist University Jonathan Miller; University of Memphis |
| presented by: Shawn McFarland, Southern Methodist University |
| Discussant: Roger White, Arizona State University |
| Sales Tax and Arson |
| By Mason Snow; Arizona State University Roger White; Arizona State University |
| presented by: Roger White, Arizona State University |
| Discussant: Qianlong Liu, Georgia State University |
| Session ID 102: Working Capital Management March 19, 2021 15:30 to 17:00 |
| Session Chair: Ilya Dergunov, Australian National University |
| All aboard! Co-option and Working Capital Management. |
| By Nilesh Sah; University of Tennessee Chattanooga Rafayet Alam; University of Tennessee at Chattanooga James Malm; College of Charleston |
| presented by: Nilesh Sah, University of Tennessee Chattanooga |
| Discussant: Thanh Nguyen, University of South Carolina Upstate |
| A friend in need is a friend indeed: Employee Friendliness and Working Capital Management. |
| By Hari Adhikari; Embry-Riddle Aeronautical University Thanh Nguyen; University of South Carolina Upstate Dung Pham; Shippensburg University Nilesh Sah; University of Tennessee Chattanooga |
| presented by: Thanh Nguyen, University of South Carolina Upstate |
| Discussant: Mehdi Shadaei, University of North Texas |
| Enterprise Risk Management and Firm Operations: Evidence from Inventory Management |
| By Mehdi Shadaei; University of North Texas Jianren Xu; University of North Texas |
| presented by: Mehdi Shadaei, University of North Texas |
| Discussant: Nilesh Sah, University of Tennessee Chattanooga |
| Session ID 101: Fintech 2 March 19, 2021 15:30 to 17:00 |
| Session Chair: Laura Gonzalez, California State University Long Beach |
| Big Data Analyses with No Footprint Available – Evidence from Cyber-Telecom Fraud |
| By Laura Xiaolei Liu; Peking University Yufei Liu; Peking University Xinghua Ruan; Du Xiaoman Financial Qirong Yang; Du Xiaoman Financial Yu Zhang; Guanghua School of Management, Peking University |
| presented by: Yufei Liu, Peking University |
| Discussant: Woo-Young Kang, Brunel University London |
| CYBER-ATTACKS, CRYPTOCURRENCIES, AND CYBER SECURITY |
| By Guglielmo Maria Caporale; Brunel University London Woo-Young Kang; Brunel University London Fabio Spagnolo; Brunel University London Nicola Spagnolo; Brunel University London |
| presented by: Woo-Young Kang, Brunel University London |
| Discussant: Chun-Da Chen, Lamar University |
| Influences of Mobile Payment Usage on Financial Behaviors |
| By Chih-Feng Liao; Shih Chien University Chun-Da Chen; Lamar University Wanwei Tang; Lamar University |
| presented by: Chun-Da Chen, Lamar University |
| Discussant: Laura Gonzalez, California State University Long Beach |
| Blockchain and trust in for-profit vs pro-social peer-to-peer lending |
| By Laura Gonzalez; California State University Long Beach |
| presented by: Laura Gonzalez, California State University Long Beach |
| Discussant: Yufei Liu, Peking University |
| Session ID 98: Corporate Finance 8 March 19, 2021 15:30 to 17:00 |
| Session Chair: Sonal Kumar, Bryant University |
| Tournament Culture and Corporate Misconduct : Evidence using Machine Learning |
| By Jitendra Aswani; Fordham University Franco Fiordelisi; University of Essex |
| presented by: Jitendra Aswani, Fordham University |
| Discussant: Gerrit Köchling, TU Dortmund University |
| Information Acquisition Experience, Investor Sophistication, and IPO Price Pressure |
| By Gerrit Köchling; TU Dortmund University Peter Posch; TU Dortmund University Philipp Schmidtke; TU Dortmund University |
| presented by: Gerrit Köchling, TU Dortmund University |
| Discussant: Julian Vogel, The University of Texas at El Paso |
| Better Things to do or Doing Nothing at all? – The Implications of Incomplete Share Repurchase Programs |
| By Julian Vogel; The University of Texas at El Paso |
| presented by: Julian Vogel, The University of Texas at El Paso |
| Discussant: Yifan Liu, Texas State University |
| Does Options Trading Complement Information Conveyed by Subsequent Stock Repurchase Activity? |
| By Yifan Liu; Texas State University |
| presented by: Yifan Liu, Texas State University |
| Discussant: Jitendra Aswani, Fordham University |
| Session ID 109: Special Session: Best Papers from the 2020 Meeting March 19, 2021 15:30 to 17:00 |
| Session Chair: Ivelina Pavlova, University of Houston Clear Lake |
| Languages and Cross-Border Dividend Payment Policies |
| Presented by: Mohammad Hashemi Joo, |
| Bank Bailouts: Cost of Inability to Commit |
| Presented by: Khai Zhi Sim, Eastern Connecticut State University |
| Do Military Independent Directors Improve Firm Governance? |
| Presented by: Zhe Li, Bemidji State University |
| Monitoring Effectiveness of Independent Chair Led Boards |
| Presented by: Arun Upadhyay, Florida International University |
| The Impact of Risk retention on the Pricing of Securitizations |
| Presented by: Werner Osterkamp, University of Duisburg-Essen |
This program was last updated on 2021-03-19 15:22:51 EDT