March 2, 2022
Time	Location	Event
13:30 to 15:00	see below	March 2, 2022 1:30 - 3:00 PM
15:30 to 17:00	see below	March 2, 2022
March 3, 2022
Time	Location	Event
08:30 to 10:00	see below	March 3, 2022 8:30 a.m - 10:00 a.m.
10:30 to 12:00	see below	March 3, 2022 10:30 a.m. - 12:00 p.m.
13:30 to 15:00	see below	March 3, 2022 1:30 p.m. - 3:00 p.m.
15:30 to 17:00	see below	March 3, 2022 3:30 p.m. - 5:00 p.m.
March 4, 2022
Time	Location	Event
08:30 to 10:00	see below	March 4, 2022 8:30 a.m. - 10:00 a.m.
10:30 to 12:00	see below	March 4, 2022 10:30 a.m. - 12:00 p.m.
13:45 to 15:15	see below	March 4, 2022 1:45 p.m. - 3:00 p.m.
15:30 to 17:00	see below	March 4, 2022 3:30 p.m. - 5:00 p.m.
March 5, 2022
Time	Location	Event
08:00 to 09:50	see below	March 5, 2022 8:00 a.m. - 9:50 a.m.
10:00 to 11:50	see below	March 5, 2022 10:00 a.m. - 11:50 p.m.
March 3, 2022
Time	Location	Event
12:00 to 13:30	TBA	Doctoral Student Lunch James Philpott, TBA
March 5, 2022
Time	Location	Event
12:00 to 13:50	see below	March 5, 2022 12:00 - 13:50

Summary of All Sessions
Click here for an index of all participants

#	Date/Time	Type	Title/Location	Papers	Organizer
1	March 2, 2022 13:30-15:00	invited	Investments 4     Location: Magazine	2	William Hudson
2	March 2, 2022 15:30-17:00	invited	Banking 3     Location: Magazine	2	William Hudson
3	March 2, 2022 15:30-17:00	invited	Fixed Income 3     Location: Royal	3	William Hudson
4	March 3, 2022 8:30-10:00	invited	Corporate Governance 1     Location: Quarterdeck A	3	William Hudson
5	March 3, 2022 8:30-10:00	invited	Asset Pricing 1     Location: Quarterdeck B	3	William Hudson
6	March 3, 2022 8:30-10:00	invited	Corporate Social Responsibility 1     Location: Chart A	3	William Hudson
7	March 3, 2022 8:30-10:00	invited	Behavioral Finance 1     Location: Chart B	3	William Hudson
8	March 3, 2022 8:30-10:00	invited	Industrial Portfolios, Auditor Independence and Retirement     Location: Kabacoff	3	William Hudson
9	March 3, 2022 10:00-10:30	invited	FBD Coffee Break     Location: Exhibit Hall - St. James	0
10	March 3, 2022 10:30-12:00	invited	Banking 2     Location: Quarterdeck A	2	William Hudson
11	March 3, 2022 10:30-12:00	invited	Corporate Social Responsibility 2     Location: Chart A	3	William Hudson
12	March 3, 2022 10:30-12:00	invited	Emerging Markets and Financial Accounting     Location: Chart B	3	William Hudson
13	March 3, 2022 10:30-12:00	invited	Corporate Social Responsibility and Corporate Governance     Location: Chart C	2	William Hudson
14	March 3, 2022 10:30-12:00	invited	Asset Pricing 6     Location: Kabacoff	3	William Hudson
15	March 3, 2022 10:30-12:00	invited	Corporate Governance 7 and Bankruptcy     Location: Ascot	3	William Hudson
16	March 3, 2022 10:30-12:00	invited	Hunting, Covid and Alpha     Location: Quarter Deck C	2	William Hudson
17	March 3, 2022 12:00-13:30	invited	Doctoral Student Lunch     Location: Commerce	0	James Philpot
18	March 3, 2022 13:30-15:00	invited	Corporate Finance 3     Location: Quarterdeck B	3	William Hudson
19	March 3, 2022 13:30-15:00	invited	Behavioral Finance 3     Location: Quarterdeck C	3	William Hudson
20	March 3, 2022 13:30-15:00	invited	Market Efficiency 5     Location: Chart A	3	William Hudson
21	March 3, 2022 13:30-15:00	invited	Behavioral Finance 2     Location: Chart B	3	William Hudson
22	March 3, 2022 13:30-15:00	invited	Corporate Finance 10     Location: Chart C	3	William Hudson
23	March 3, 2022 13:30-15:00	invited	Credit Risk and Lending Relationships     Location: Kabacoff	3	William Hudson
24	March 3, 2022 13:30-15:00	invited	Corporate Governance 6     Location: Newberry	3	William Hudson
25	March 3, 2022 15:00-15:30	invited	Federation of Business Disciplines Coffee Break     Location: Exhibit Hall - St. James	0
26	March 3, 2022 15:30-17:00	invited	Asset Pricing 4     Location: Quarterdeck B	3	William Hudson
27	March 3, 2022 15:30-17:00	invited	Banking 4     Location: Chart A	4	William Hudson
28	March 3, 2022 15:30-17:00	invited	Corporate Finance 4     Location: Kabacoff	3	William Hudson
29	March 3, 2022 15:30-17:00	invited	Investments 5     Location: Newberry	3	William Hudson
30	March 3, 2022 17:30-19:00	invited	FBD Presidential Welcome Reception - Badge Required for Entry     Location: Exhibit Hall St. James	0
31	March 3, 2022 19:00-22:00	invited	Southwestern Finance Association Reception     Location: Napolean House. 500 Chartes Street	0
32	March 4, 2022 7:00-8:30	invited	SWFA Board Meeting - officers only     Location: River Room	0
33	March 4, 2022 8:30-10:00	invited	Corporate Governance 5     Location: Quarterdeck A	3	William Hudson
34	March 4, 2022 8:30-10:00	invited	Cryptocurrency 1     Location: Quarterdeck B	3	William Hudson
35	March 4, 2022 8:30-10:00	invited	Banking 5     Location: Chart A	3	William Hudson
36	March 4, 2022 8:30-10:00	invited	Corporate Finance 5     Location: Chart B	3	William Hudson
37	March 4, 2022 8:30-10:00	invited	Market Efficiency 6     Location: Chart C	2	William Hudson
38	March 4, 2022 8:30-10:00	invited	Asset Pricing 5     Location: Leeward	3	William Hudson
39	March 4, 2022 8:30-10:00	invited	Mergers and Acquisitions 5     Location: Kabacoff	3	William Hudson
40	March 4, 2022 8:30-10:00	invited	Covid, Crypto and Commodities     Location: Commerce	3	William Hudson
41	March 4, 2022 10:00-10:30	invited	FBD Coffee Break     Location: Exhibit Hall - St. James	0
42	March 4, 2022 10:30-12:00	invited	Corporate Finance 6     Location: Chart C	0
43	March 4, 2022 10:30-12:00	invited	Real Estate     Location: Quarterdeck A	3	William Hudson
44	March 4, 2022 10:30-12:00	invited	Investments 1     Location: Quarterdeck B	3	William Hudson
45	March 4, 2022 10:30-12:00	invited	Market Efficiency 1     Location: Quarterdeck C	3	William Hudson
46	March 4, 2022 10:30-12:00	invited	Market Microstructure     Location: Chart A	3	William Hudson
47	March 4, 2022 10:30-12:00	invited	Portfolio Management 2     Location: Leeward	3	William Hudson
48	March 4, 2022 10:30-12:00	invited	Corporate Governance 2     Location: Kabacoff	3	William Hudson
49	March 4, 2022 10:30-12:00	invited	Banking 7     Location: Ascot	3	William Hudson
50	March 4, 2022 12:00-13:45	invited	SWFA Luncheon and Business Meeting     Location: St. Charles	0
51	March 4, 2022 13:45-15:15	invited	Mergers and Acquisitions 1     Location: Quarterdeck A	3	William Hudson
52	March 4, 2022 13:45-15:15	invited	Investments 2     Location: Quarterdeck B	3	William Hudson
53	March 4, 2022 13:45-15:15	invited	Real Estate and Retirement Issues     Location: Quarterdeck C	3	William Hudson
54	March 4, 2022 13:45-15:15	invited	Central Banking 1     Location: Chart A	4	William Hudson
55	March 4, 2022 13:45-15:15	invited	Market Efficiency 2     Location: Chart B	3	William Hudson
56	March 4, 2022 13:45-15:15	invited	Fixed Income 4     Location: Leeward	3	William Hudson
57	March 4, 2022 13:45-15:15	invited	Covid, Risk and CEO Tenure     Location: Kabacoff	2	William Hudson
58	March 4, 2022 13:45-15:15	invited	Corporate Finance 12     Location: Chart C	3	William Hudson
59	March 4, 2022 13:45-15:15	invited	Corporate Finance 13     Location: Newberry	2	William Hudson
60	March 4, 2022 15:00-15:30	invited	FBD Coffee Break     Location: Exhibit Hall - St. James	0
61	March 4, 2022 15:00-16:00	invited	SWFA Poster Session. Analyst Self-disclosure vs. Non-self-disclosure: An Introduction to Bloomberg Analysts Earnings Forecasts Data Yiwei Zhao. Longwood University	0
62	March 4, 2022 15:30-17:00	invited	Mergers and Acquisitions 2     Location: Quarterdeck A	3	William Hudson
63	March 4, 2022 15:30-17:00	invited	Investments 3     Location: Quarterdeck B	3	William Hudson
64	March 4, 2022 15:30-17:00	invited	Finance Law and International Finance     Location: Quarterdeck C	3	William Hudson
65	March 4, 2022 15:30-17:00	invited	Market Efficiency 3 and Overconfidence     Location: Chart A	4	William Hudson
66	March 4, 2022 15:30-17:00	invited	Insurance and Risk Management 1     Location: Kabacoff	2	William Hudson
67	March 4, 2022 15:30-17:00	invited	Corporate Finance 14     Location: Commerce	3	William Hudson
68	March 5, 2022 8:00-9:50	invited	Corporate Finance 9     Location: Camp	4	William Hudson
69	March 5, 2022 8:00-9:50	invited	Behavioral Finance 5     Location: Commerce	3	William Hudson
70	March 5, 2022 10:00-11:50	invited	Corporate Finance 11     Location: Camp	4	William Hudson
71	March 5, 2022 12:00-13:50	invited	Mergers and Acquisitions 3 and Carbon Emissions     Location: Camp	3	William Hudson
72	March 5, 2022 12:00-13:50	invited	Market Efficiency 4     Location: Canal	2	William Hudson

 

72 sessions, 178 papers, and 0 presentations with no associated papers

Southwestern Finance Association
Detailed List of Sessions

                                                                                                                                                 

Session 1: Investments 4 March 2, 2022 13:30 to 15:00 Location: Magazine
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Thomas Korankye, University of Arizona
Session type: invited
The Nexus Between Ownership of Annuity Insurance and Investor Sophistication: Evidence from the U.S. National Financial Capability Study
By Thomas Korankye; University of Arizona Blain Pearson; Kansas State University Hossein Salehi; California Lutheran University
presented by: Thomas Korankye, University of Arizona
Discussant:   Mohammad Rahman, University of North Carolina at Pembroke
Subjective and Objective Financial Knowledge and their Impact on Risk Tolerance
By Abdullah Noman; University of North Carolina at Pembroke Lanlan Chu; St. Catherine University Mohammad Rahman; University of North Carolina at Pembroke
presented by: Mohammad Rahman, University of North Carolina at Pembroke
Discussant:   Thomas Korankye, University of Arizona
Session 2: Banking 3 March 2, 2022 15:30 to 17:00 Location: Magazine
Session Organizer: William Hudson, St. Cloud State University
Session Chair: David Shin, Indiana University
Session type: invited
Corporate ESG Profiles, Matching, and the Cost of Bank Loans
By David Shin; Indiana University
presented by: David Shin, Indiana University
Discussant:   Quan Qi, University of Kentucky
How Arbitrageurs Exploit Asset Pricing Anomalies: Evidence from Hedge Fund Industry
By Quan Qi; University of Kentucky
presented by: Quan Qi, University of Kentucky
Discussant:   David Shin, Indiana University
Session 3: Fixed Income 3 March 2, 2022 15:30 to 17:00 Location: Royal
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Hui Zhu, Ontario Tech University
Session type: invited
Famous Firms, Earnings Clusters, and the Stock Market
By Yixin Chen; University of Rochester Randolph Cohen; Harvard Business School Zixuan Wang; HAP Capital
presented by: Yixin Chen, University of Rochester
Discussant:   Richard Lord, Montclair State University
Economic Policy Uncertainty and Corporate Bond Liquidity
By Jeff Black; University of Memphis Nirmol Chandra Das; University of Memphis Diego Gonzalez; Southern Methodist University
presented by: Nirmol Chandra Das, University of Memphis
Discussant:   Yixin Chen, University of Rochester
Discontinued Operations and Changes in Bond Ratings
By Richard Lord; Montclair State University Yoshie Saito; Brooklyn College The City University of New York
presented by: Richard Lord, Montclair State University
Discussant:   Nirmol Chandra Das, University of Memphis
Session 4: Corporate Governance 1 March 3, 2022 8:30 to 10:00 Location: Quarterdeck A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Leonid Pugachev, Rochester Institute of Technology
Session type: invited
Banking Access and Racial Inequality: Wealth and Human Capital Accumulation of Young Men
By Rong Hai; University of Miami
presented by: Rong Hai, University of Miami
Discussant:   Leonid Pugachev, Rochester Institute of Technology
Do Powerful CEOs Make Efficient Investment Decisions?
By Md Raihan Uddin Chowdhury; University of Texas at El Paso Feixue Xie; University of Texas at El Paso
presented by: Feixue Xie, University of Texas at El Paso
Discussant:   Rong Hai, University of Miami
Banking on Culture: Customer Culture and U.S. Bank Performance
By Leonid Pugachev; Rochester Institute of Technology
presented by: Leonid Pugachev, Rochester Institute of Technology
Discussant:   Feixue Xie, University of Texas at El Paso
Session 5: Asset Pricing 1 March 3, 2022 8:30 to 10:00 Location: Quarterdeck B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Thomas Thompson, University of Texas at Arlington
Session type: invited
A One-factor Model for Expected Night-minus-day Stock Returns
By Zhongjin Lu; University Of Georgia Zhongling Qin; Auburn University
presented by: Zhongling Qin, Auburn University
Discussant:   Andrew Schrowang, Florida State University
Forecasting Value-at-Risk with Multi-Layer Hidden Markov Switching GARCH Model: Empirical Study on S&P 500 and VIX Futures
By Yi-Ju Chien; University of Texas at Arlington
presented by: Yi-Ju Chien, University of Texas at Arlington
Discussant:   Zhongling Qin, Auburn University
Short Squeezes
By Baixiao Liu; Florida State University Andrew Schrowang; Florida State University Wei Xu; Peking University
presented by: Andrew Schrowang, Florida State University
Discussant:   Yi-Ju Chien, University of Texas at Arlington
Session 6: Corporate Social Responsibility 1 March 3, 2022 8:30 to 10:00 Location: Chart A
Session Organizer: William Hudson, St. Cloud State University
Session type: invited
Corporate Social Responsibility and the 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 Matthew Lutey; Indiana University NW
presented by: Fatima Jebari, Wheaton College
Discussant:   Da Tian, University of Florida
A good fit matters: evidence from the impact of gender quota on financial performance in France
By Rey Dang; ISTEC, Paris Lucia Gao; University of Massachusetts Boston L’Hocine Houanti; EM Normandie Honggang Qiu; University of Massachusetts Boston Linh-Chi Vo; Catholic University of Lyon
presented by: Lucia Gao, University of Massachusetts Boston
Discussant:   Fatima Jebari, Wheaton College
Can Individual Liability Restrain the Limits of Limited Liability: Evidence from Parent and Subsidiary Pollution
By Da Tian; University of Florida
presented by: Da Tian, University of Florida
Discussants:      1 ,      2 Lucia Gao, University of Massachusetts Boston
Session 7: Behavioral Finance 1 March 3, 2022 8:30 to 10:00 Location: Chart B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Nacasius Ujah, South Dakota State University
Session type: invited
Celebrity SPACs: SPACtacular or SPACopalypse?
By Chaehyun Pyun; University of Georgia
presented by: Chaehyun Pyun, University of Georgia
Discussant:   Joshua Thornton, University of California, Irvine
How does investor disagreement affect stock prices? Evidence based on changing investor disagreement
By Sulei Han; University of Central Florida
presented by: Sulei Han, University of Central Florida
Discussant:   Chaehyun Pyun, University of Georgia
Does Sunshine Cloud Investor Judgement?
By Joshua Thornton; University of California, Irvine
presented by: Joshua Thornton, University of California, Irvine
Discussant:   Sulei Han, University of Central Florida
Session 8: Industrial Portfolios, Auditor Independence and Retirement March 3, 2022 8:30 to 10:00 Location: Kabacoff
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Selma Izadi, Tennessee State University
Session type: invited
Auditor Independence and IPO Stock Performance: Evidence from the Enactment of the Sarbanes-Oxley Act
By Dona Siregar; SUNY Oneonta
presented by: Dona Siregar, SUNY Oneonta
Discussant:   Syed Harun, Texas A&M University-San Antonio
Social Media Sentiment and the Stock Market
By Amir Fekrazad; Texas A&M University-San Antonio Syed Harun; Texas A&M University-San Antonio Naafey Sardar; Texas A&M University-San Antonio
presented by: Syed Harun, Texas A&M University-San Antonio
Discussant:   Selma Izadi, Tennessee State University
Industrial portfolios and COVID-19
By Selma Izadi; Tennessee State University
presented by: Selma Izadi, Tennessee State University
Discussant:   Dona Siregar, SUNY Oneonta
Session 9: FBD Coffee Break March 3, 2022 10:00 to 10:30 Location: Exhibit Hall - St. James
Session Organizer: ,
Session Chair: William Hudson, St. Cloud State University
Session type: invited
Session 10: Banking 2 March 3, 2022 10:30 to 12:00 Location: Quarterdeck A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Elisabeta Pana, Central Connecticut State University
Session type: invited
How Do Banks Respond to Liquidity Shocks Created by Natural Disasters?
By Yeosong Yoon; Auburn University
presented by: Yeosong Yoon, Auburn University
Discussant:   Jing Ao, Kent State University
Shadow Banking and Corporate Working Capital Management: Evidence from the Lending Channel
[slides]
By Jing Ao; Kent State University
presented by: Jing Ao, Kent State University
Discussant:   Yeosong Yoon, Auburn University
Session 11: Corporate Social Responsibility 2 March 3, 2022 10:30 to 12:00 Location: Chart A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Dhruba Banjade, Brenau University
Session type: invited
An Examination of Life Insurer Share Price Behavior Surrounding COVID-19 Death Announcements (Part I)
By Seongsu David Kim; St. Cloud State University Swarn Chatterjee; University of Georgia Joseph Haley; St. Cloud State University
presented by: Seongsu David Kim, St. Cloud State University
Discussant:   Dhruba Banjade, Brenau University
The Effect of ESG Disclosure on Corporate Investment Efficiency
By Joonsung Won; Baruch College, The City University of New York
presented by: Joonsung Won, Baruch College, The City University of New York
Discussant:   Seongsu David Kim, St. Cloud State University
Environmental, Social, and Governance (ESG) scores and Firm Performance
By Dhruba Banjade; Brenau University John Diltz; University of Texas Arlington Humnath Panta; Humboldt State University Arun Narayanasamy; University of Northern Iowa
presented by: Dhruba Banjade, Brenau University
Discussant:   Joonsung Won, Baruch College, The City University of New York
Session 12: Emerging Markets and Financial Accounting March 3, 2022 10:30 to 12:00 Location: Chart B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Yuxin Wu, Boston College
Session type: invited
Will Longer Working Hours Hurt Household Well-Being When Accompanied by Higher Income? – Evidence from China
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: Haigang Zhou, Cleveland State University
Discussant:   Stephanie Yates, University of Alabama at Birmingham
US Wealth Shares, the Dollar and Global Risk Premia
By Sun Yong Kim; Northwestern University
presented by: Sun Yong Kim, Northwestern University
Discussant:   Haigang Zhou, Cleveland State University
How Does Firm Size and Sector Impact Female and Minority Representation in the C-Suite?
By Stephanie Yates; University of Alabama at Birmingham
presented by: Stephanie Yates, University of Alabama at Birmingham
Discussant:   Sun Yong Kim, Northwestern University
Session 13: Corporate Social Responsibility and Corporate Governance March 3, 2022 10:30 to 12:00 Location: Chart C
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Min-Jeong Kwon, Wayne State University
Session type: invited
The Implications of Social Trust on Corporate Social Responsibility: International Evidence
By Hui Zhu; Ontario Tech University Eva Wagner; Johannes Kepler University Linz
presented by: Eva Wagner, Johannes Kepler University Linz
Discussant:   Min-Jeong Kwon, Wayne State University
Does Ethical Culture Affect Stock Repurchasing?
By Anand Jha; Wayne State University Manoj Kulchania; Wayne State University Min-Jeong Kwon; Wayne State University
presented by: Min-Jeong Kwon, Wayne State University
Discussant:   Eva Wagner, Johannes Kepler University Linz
Session 14: Asset Pricing 6 March 3, 2022 10:30 to 12:00 Location: Kabacoff
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Thomas Thompson, University of Texas at Arlington
Session type: invited
Size, value and volatility
By Stanley Peterburgsky; Brooklyn College
presented by: Stanley Peterburgsky, Brooklyn College
Discussant:   Yuanyi Zhang, Louisiana State University
Death and Analysts’ Accuracy: Evidence from the Art Market
By Spencer Barnes; Florida State University Brandon Mendez; Florida State University Andrew Schrowang; Florida State University
presented by: Brandon Mendez, Florida State University
Discussant:   Stanley Peterburgsky, Brooklyn College
Applying IPCA to Delta-Vega-Neutral Portfolios
By Yuanyi Zhang; Louisiana State University
presented by: Yuanyi Zhang, Louisiana State University
Discussant:   Brandon Mendez, Florida State University
Session 15: Corporate Governance 7 and Bankruptcy March 3, 2022 10:30 to 12:00 Location: Ascot
Session Organizer: William Hudson, St. Cloud State University
Session Chair: John Garcia, California Lutheran University
Session type: invited
CEO Pay-for-Performance Sensitivity & Agency Theory: The Impact of Independent Board
By Dishant Pandya; Spalding University Ian Van Deventer; Spalding University
presented by: Dishant Pandya, Spalding University
Discussant:   John Garcia, California Lutheran University
Off-the-job Managerial Indiscretion and Insider Trading
By Brandon Cline; Mississippi State University Haoyang Xiong; Mississippi State University
presented by: Haoyang Xiong, Mississippi State University
Discussant:   Dishant Pandya, Spalding University
Bankruptcy Prediction Using Synthetic Sampling
By John Garcia; California Lutheran University
presented by: John Garcia, California Lutheran University
Discussant:   Haoyang Xiong, Mississippi State University
Session 16: Hunting, Covid and Alpha March 3, 2022 10:30 to 12:00 Location: Quarter Deck C
Session Organizer: William Hudson, St. Cloud State University
Session type: invited
The Effects of Remittances in Alleviating Poverty induced by Covid-19
By Esther Castro; University of Houston-Downtown Juan Castro; Louisiana College
presented by: Juan Castro, Louisiana College
Discussant:   Thomas Covington, Auburn University
CEO Sportsmen and Environmental Decisions of the Firm
By Thomas Covington; Auburn University
presented by: Thomas Covington, Auburn University
Discussant:   Juan Castro, Louisiana College
Session 17: Doctoral Student Lunch March 3, 2022 12:00 to 13:30 Location: Commerce
Session Organizer: James Philpot, Missouri State University
Session Chairs:
1. James Philpot, Missouri State University
2. Andrew Lynch, University of Arkansas
3. Megan Rainville, Missouri State University
Session type: invited
Session 18: Corporate Finance 3 March 3, 2022 13:30 to 15:00 Location: Quarterdeck B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Christina Zhang, California State University, Monterey Bay
Session type: invited
The Long-term Impacts of Distressed Bank Loans on Future Loan Spread and Lending Relationship
By Christina Zhang; California State University, Monterey Bay
presented by: Christina Zhang, California State University, Monterey Bay
Discussant:   Nomalia Manna, Fairfield University
Banking risk and return volatility during COVID-19 pandemic
By Ahmed Alam; University of New Orleans M. Kabir Hassan; University of New Orleans Dung Tran; University Grenoble Alpes
presented by: Ahmed Alam, University of New Orleans
Discussant:   Christina Zhang, California State University, Monterey Bay
Corporate Investments in Startups: CVC unit vs. Direct Investment
By Sungjoung Kwon; Wayne State University Nomalia Manna; Fairfield University
presented by: Nomalia Manna, Fairfield University
Discussant:   Ahmed Alam, University of New Orleans
Session 19: Behavioral Finance 3 March 3, 2022 13:30 to 15:00 Location: Quarterdeck C
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Karen Smith, Brandeis University
Session type: invited
Expectations' Formation and Boom-Bust Cycles in Mortgage Lending
By Karen Smith; Brandeis University
presented by: Karen Smith, Brandeis University
Discussant:   Md Nazmul Hasan Bhuyan, North Carolina A&T State University
The U.S. Investor Sentiment and Stock Returns in the Americas
By Juan Rodriguez-Nieto; Drury University
presented by: Juan Rodriguez-Nieto, Drury University
Discussant:   Karen Smith, Brandeis University
CEO Marital Status and Capital Allocation Efficiency
By Md Noman Hossain; Central Washington University Md Nazmul Hasan Bhuyan; North Carolina A&T State University
presented by: Md Nazmul Hasan Bhuyan, North Carolina A&T State University
Discussant:   Juan Rodriguez-Nieto, Drury University
Session 20: Market Efficiency 5 March 3, 2022 13:30 to 15:00 Location: Chart A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Jody Jones, Abilene Christian University
Session type: invited
Crypto-ETFs and Young Investors
By Mahnaz Paydarzarnaghi; University of Texas at Arlington Nima Vafai; The University of Texas Permian Basin David Rakowski; University of Texas at Arlington
presented by: Mahnaz Paydarzarnaghi, University of Texas at Arlington
Discussant:   Han Xiao, Pennsylvania State University
Review of Time Series Momentum and Empirical Evidence from the European Equity Market
By Darko Vukovic; People’s Friendship University of Russia (RUDN University)
presented by: Darko Vukovic, People’s Friendship University of Russia (RUDN University)
Feedback, Flow-induced Fire Sales, and Option Returns
By Han Xiao; Pennsylvania State University
presented by: Han Xiao, Pennsylvania State University
Discussant:   Mahnaz Paydarzarnaghi, University of Texas at Arlington
Session 21: Behavioral Finance 2 March 3, 2022 13:30 to 15:00 Location: Chart B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Nacasius Ujah, South Dakota State University
Session type: invited
Do Managers Use Reference Points? Evidence from Stock Repurchases
By Nicholas Clarke; Middle Tennessee State University Dylan Norris; Troy University Andrew Schrowang; Florida State University
presented by: Dylan Norris, Troy University
Discussant:   Brett Olsen, University of Northern Iowa
The Endowment Effect and the Trading of Draft Picks in Major Professional U.S. Sports
By Jeff Hobbs; Appalachian State University Vivek Singh; University of Michigan, Dearborn
presented by: Jeff Hobbs, Appalachian State University
Discussant:   Dylan Norris, Troy University
The Role of Retail Investors in the “Numbers Game”: Retail Investor Attention and Earnings Management
By Zhongdong Chen; University of Northern Iowa Lei Gao; George Mason University Justin Lallemand; Pittsburg State University Brett Olsen; University of Northern Iowa
presented by: Brett Olsen, University of Northern Iowa
Discussant:   Jeff Hobbs, Appalachian State University
Session 22: Corporate Finance 10 March 3, 2022 13:30 to 15:00 Location: Chart C
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Daniel Tut, Ryerson University
Session type: invited
Cash Holdings and Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, H1N1, Ebola, Zika
By Daniel Tut; Ryerson University
presented by: Daniel Tut, Ryerson University
Discussant:   Yankuo Qiao, Oakland University
Tone on Annual Reports and Corporate Cash Holdings
By Humnath Panta; Humboldt State University Salil Sarkar; University of Texas at Arlington Binam Ghimire; Northumbria University
presented by: Humnath Panta, Humboldt State University
Discussant:   Daniel Tut, Ryerson University
To Delegate or Not to Delegate? On the Quality of Voluntary Corporate Financial Disclosure and Its Market Impacts
By Yankuo Qiao; Oakland University
presented by: Yankuo Qiao, Oakland University
Discussant:   Humnath Panta, Humboldt State University
Session 23: Credit Risk and Lending Relationships March 3, 2022 13:30 to 15:00 Location: Kabacoff
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Subramanian Iyer, University of New Mexico
Session type: invited
Accounting Complexity and Credit Risk Uncertainty
By Mehdi Khorram; Louisiana State University Pradeep Sapkota; University of North Texas
presented by: Mehdi Khorram, Louisiana State University
Discussant:   Ran Lu-Andrews, California Lutheran University
Do Lending Relationships Matter When Loans Are Securitized?
By Abhishek Bhardwaj; New York University
presented by: Abhishek Bhardwaj, New York University
Discussant:   Mehdi Khorram, Louisiana State University
CEO Network Centrality, Inside Debt, and the Riskiness of Corporate Policies
By Jing He; University of Delaware Ran Lu-Andrews; California Lutheran University Yin Yu-Thompson; Oakland University
presented by: Ran Lu-Andrews, California Lutheran University
Discussant:   Abhishek Bhardwaj, New York University
Session 24: Corporate Governance 6 March 3, 2022 13:30 to 15:00 Location: Newberry
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Megan Rainville, Missouri State University
Session type: invited
Indirect evergreening using related parties: Evidence from India
[slides]
By Nishant Kashyap; Indian School of Business Sriniwas Mahapatro; Indian School of Business Prasanna Tantri; Indian School of Business
presented by: Nishant Kashyap, Indian School of Business
Discussant:   Feixue Xie, University of Texas at El Paso
Impact of Economic Shocks on Financial Access: Evidence from Covid-19 Pandemic
By Anand Goel; Stevens Institute of Technology Shuang Wu; Stevens Institute of Technology
presented by: Shuang Wu, Stevens Institute of Technology
Discussant:   Nishant Kashyap, Indian School of Business
Impact of Bottom-Up Internal Governance on Risk-Taking and Corporate Decisions
By Md Raihan Uddin Chowdhury; University of Texas at El Paso Feixue Xie; University of Texas at El Paso
presented by: Feixue Xie, University of Texas at El Paso
Discussant:   Shuang Wu, Stevens Institute of Technology
Session 25: Federation of Business Disciplines Coffee Break March 3, 2022 15:00 to 15:30 Location: Exhibit Hall - St. James
Session Organizer: ,
Session type: invited
Session 26: Asset Pricing 4 March 3, 2022 15:30 to 17:00 Location: Quarterdeck B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Huan Qiu, Millsaps College
Session type: invited
Risk premium relationships between large and small countries: Before, during and after the Great Recession
By Tai Yi; SUNY Fredonia
presented by: Sean Yoo, Belmont University
Discussant:   Yixin Chen, University of Rochester
Earnings Management Around Reverse Stock Splits
By Shrikant Jategaonkar; Southern Illinois University Edwardsville Yuan Shi; Penn State Great Valley Xiaoxiao Song; Southern Illinois University Edwardsville
presented by: Shrikant Jategaonkar, Southern Illinois University Edwardsville
Discussant:   Sean Yoo, Belmont University
Firm Characteristics and Stock Price Levels: a Long-Term Discount Rate Perspective
By Yixin Chen; University of Rochester Ron Kaniel; University of Rochester
presented by: Yixin Chen, University of Rochester
Discussant:   Shrikant Jategaonkar, Southern Illinois University Edwardsville
Session 27: Banking 4 March 3, 2022 15:30 to 17:00 Location: Chart A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Subramanian Iyer, University of New Mexico
Session type: invited
The Core, The Periphery, and the Disaster: Corporate-Sovereign Nexus in COVID-19 Times
[slides]
By Ruggero Jappelli; Leibniz Institute for Financial Research Loriana Pelizzon; Leibniz Institute for Financial Research Alberto Plazzi; USI Lugano
presented by: Ruggero Jappelli, Leibniz Institute for Financial Research
Discussant:   Stefan Walz, Columbia University
The Role of ESG Performance in Banking Efficiency: International Evidence
By Ahmed Alam; University of New Orleans Hasanul Banna; Manchester Metropolitan University M. Kabir Hassan; University of New Orleans
presented by: Ahmed Alam, University of New Orleans
Discussant:   Stefan Walz, Columbia University
Persistent Risk-Taking and Bank Recovery from the 2007 Financial Crisis
By Zhongdong Chen; University of Northern Iowa Karen Ann Craig; Eastern Michigan University Alireza Ebrahim; Office of the Comptroller of the Currency
presented by: Karen Ann Craig, Eastern Michigan University
Discussant:   Ahmed Alam, University of New Orleans
Decomposing the Risk Premia Channel of Monetary Policy
By Stefan Walz; Columbia University
presented by: Stefan Walz, Columbia University
Discussant:   Karen Ann Craig, Eastern Michigan University
Session 28: Corporate Finance 4 March 3, 2022 15:30 to 17:00 Location: Kabacoff
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Mengnan Zhu, Brandeis University
Session type: invited
The Information Advantage of Forthcoming Patents on Debt Financing
By Kelly Cai; University of Michigan Dearborn Hui Zhu; Ontario Tech University Steven Xuanrui Zhu; University of Houston
presented by: Hui Zhu, Ontario Tech University
Discussant:   Humnath Panta, Humboldt State University
US Monetary Policy Shock Spillovers: Evidence from Firm-Level Data
[slides]
By Melih Firat; Johns Hopkins University Elif Arbatli; International Monetary Fund Davide Furceri; International Monetary Fund
presented by: Melih Firat, Johns Hopkins University
Discussant:   Hui Zhu, Ontario Tech University
Political Favor and Value of Corporate Cash Holdings
By Humnath Panta; Humboldt State University Ramesh Adhikari; Humboldt State University Arun Narayanasamy; University of Northern Iowa
presented by: Humnath Panta, Humboldt State University
Discussant:   Melih Firat, Johns Hopkins University
Session 29: Investments 5 March 3, 2022 15:30 to 17:00 Location: Newberry
Session Organizer: William Hudson, St. Cloud State University
Session Chair: CATALINA HURWITZ, SUNY Oneonta
Session type: invited
Internal Stakeholder Incentives and Corporate QE
By Gustav Finne; Hanken School of Economics Toni Sundqvist; Hanken School of Economics
presented by: Gustav Finne, Hanken School of Economics
Discussant:   John Adams, University of Texas at Arlington
Does leverage pays off? The case of equity-leveraged mutual funds
By Javier Rodriguez; University of Puerto Rico Herminio Romero-Perez; University of Puerto Rico at Carolina
presented by: Herminio Romero-Perez, University of Puerto Rico at Carolina
Discussant:   Gustav Finne, Hanken School of Economics
Index Fund Trading Costs are Inversely Related to Fund and Family Size
By John Adams; University of Texas at Arlington Darren Hayunga; University of Georgia Sattar Mansi; Virginia Tech University
presented by: John Adams, University of Texas at Arlington
Discussant:   Herminio Romero-Perez, University of Puerto Rico at Carolina
Session 30: FBD Presidential Welcome Reception - Badge Required for Entry March 3, 2022 17:30 to 19:00 Location: Exhibit Hall St. James
Session Organizer: ,
Session type: invited
Session 31: Southwestern Finance Association Reception March 3, 2022 19:00 to 22:00 Location: Napolean House. 500 Chartes Street
Session Organizer: ,
Session Chair: William Hudson, St. Cloud State University
Session type: invited
Session 32: SWFA Board Meeting - officers only March 4, 2022 7:00 to 8:30 Location: River Room
Session Organizer: ,
Session Chair: William Hudson, St. Cloud State University
Session type: invited
Session 33: Corporate Governance 5 March 4, 2022 8:30 to 10:00 Location: Quarterdeck A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Huan Qiu, Millsaps College
Session type: invited
The Effects of Governance Quality on the Stability of Equity Markets: Evidence from Cross-Listed Securities
By David Yechiam Aharon; Ono Academic College Ahmed Baig; Boise State University Jared DeLisle; Utah State University
presented by: Ahmed Baig, Boise State University
Discussant:   Huan Qiu, Millsaps College
Killing George Floyd Changed How Mutual Fund Managers are Hired
By John Adams; University of Texas at Arlington Long Thai Bui; University of Texas, Arlington Yi-Ju Chien; University of Texas at Arlington
presented by: Yi-Ju Chien, University of Texas at Arlington
Discussant:   Ahmed Baig, Boise State University
CEO Social Capital and the Value Relevance of Accounting Figures
By Mike Luehlfing; Louisiana Tech University William McCumber; Louisiana Tech University Huan Qiu; Millsaps College
presented by: Huan Qiu, Millsaps College
Discussant:   Yi-Ju Chien, University of Texas at Arlington
Session 34: Cryptocurrency 1 March 4, 2022 8:30 to 10:00 Location: Quarterdeck B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Peter Mueller, University of Oklahoma
Session type: invited
Does Bitcoin help for hedging? The analysis of Bitcoin in portfolio-based approach
By Phuvadon Wuthisatian; Hastings College Jennifer Brodmann; California State University Dominguez Hills
presented by: Phuvadon Wuthisatian, Hastings College
Discussant:   Antonio Doblas-Madrid, Michigan State University
The public blockchain ecosystem: An empirical analysis
By Felix Irresberger; Durham University Kose John; New York University Peter Mueller; University of Oklahoma Fahad Saleh; Wake Forest University
presented by: Peter Mueller, University of Oklahoma
Discussant:   Phuvadon Wuthisatian, Hastings College
Finite Bubbles, Infinite bubbles, and Crypto Assets
By Luis Araujo; Michigan State University Antonio Doblas-Madrid; Michigan State University
presented by: Antonio Doblas-Madrid, Michigan State University
Discussant:   Peter Mueller, University of Oklahoma
Session 35: Banking 5 March 4, 2022 8:30 to 10:00 Location: Chart A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Jing Ao, Kent State University
Session type: invited
Politically Polarized Depositors
By Jinoug Jeung; Emory University
presented by: Jinoug Jeung, Emory University
Discussant:   Jing Ao, Kent State University
Board diversity and green finance: What matters for the global Banking sector?
By Hassan Bataineh; University of New Orleans Rashedul Hasan; Coventry University M. Kabir Hassan; University of New Orleans
presented by: Hassan Bataineh, University of New Orleans
Discussant:   Jinoug Jeung, Emory University
Shadow Banking, Asset Allocation, and Bank Performance
By Jing Ao; Kent State University Eric Johnson; Kent State University
presented by: Jing Ao, Kent State University
Discussant:   Hassan Bataineh, University of New Orleans
Session 36: Corporate Finance 5 March 4, 2022 8:30 to 10:00 Location: Chart B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Yunhui Han, University of Utah
Session type: invited
The Role of Stock Indices in Analyst Career Outcomes
By Stefan Pohl; Swiss Finance Institute, University of Zurich
presented by: Stefan Pohl, Swiss Finance Institute, University of Zurich
Discussant:   Feiyu Liu, West Virginia University
Risk Management and the Choice between Secured and Unsecured Debt - Evidence from Natural Experiment
By Kyuyoung Oh; University of Kentucky
presented by: Kyuyoung Oh, University of Kentucky
Discussant:   Stefan Pohl, Swiss Finance Institute, University of Zurich
Sovereign Wealth Funds and Relationship Lending: Evidence from Syndicated Loan
By Feiyu Liu; West Virginia University
presented by: Feiyu Liu, West Virginia University
Discussant:   Kyuyoung Oh, University of Kentucky
Session 37: Market Efficiency 6 March 4, 2022 8:30 to 10:00 Location: Chart C
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Michael Martin, University of Northern Colorado
Session type: invited
Stock price crash risk: A critique of the agency theory viewpoint
By Panayiotis Andreou; Cyprus University of Technology Neophytos Lambertides; Cyprus University of Technology Marina Magidou; University of Central Lancashire
presented by: Panayiotis Andreou, Cyprus University of Technology
Discussant:   Nasim Sabah, Louisiana Tech University
Labor Matching and Equity Prices
By Nasim Sabah; Louisiana Tech University
presented by: Nasim Sabah, Louisiana Tech University
Discussant:   Panayiotis Andreou, Cyprus University of Technology
Session 38: Asset Pricing 5 March 4, 2022 8:30 to 10:00 Location: Leeward
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Dona Siregar, SUNY Oneonta
Session type: invited
THE CONSTRUCTION AND PRICING OF SYNTHETIC BERMUDA OPTIONS
By Daryl Ono; Occidental College
presented by: Daryl Ono, Occidental College
Discussant:   Chaehyun Pyun, University of Georgia
Factor Model Comparisons with Conditioning Information
By Wayne Ferson; University of Southern California Andrew Siegel; University of Washington Junbo Wang; Louisiana State University
presented by: Wayne Ferson, University of Southern California
Discussant:   Daryl Ono, Occidental College
Social Investing and Hype in the Stock Market
By Chaehyun Pyun; University of Georgia
presented by: Chaehyun Pyun, University of Georgia
Discussant:   Wayne Ferson, University of Southern California
Session 39: Mergers and Acquisitions 5 March 4, 2022 8:30 to 10:00 Location: Kabacoff
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Shuang Wu, Stevens Institute of Technology
Session type: invited
Military Independent Directors and Merger Activity
By Zhe Li; University of Southern Indiana Megan Rainville; Missouri State University
presented by: Megan Rainville, Missouri State University
Discussant:   Chen Shen, University of North Carolina at Charlotte
Impact of State-owned Enterprises on U.S. Competitors
By M. Kabir Hassan; University of New Orleans Tahsin Huq; University of New Orleans Reza Houston; Ball State University Mohammad Sydul Karim; University of New Orleans
presented by: Tahsin Huq, University of New Orleans
Discussant:   Megan Rainville, Missouri State University
Managing Climate Change Risks: Sea Level Rise and Mergers and Acquisitions
By Chen Shen; University of North Carolina at Charlotte
presented by: Chen Shen, University of North Carolina at Charlotte
Discussant:   Tahsin Huq, University of New Orleans
Session 40: Covid, Crypto and Commodities March 4, 2022 8:30 to 10:00 Location: Commerce
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Linus Wilson, University of Louisiana at Lafayette
Session type: invited
The impact of commodities and global stock prices on the idiosyncratic risk of Bitcoin during the COVID pandemic
By Edgardo Cayon; CESA
presented by: Edgardo Cayon, CESA
Discussant:   Shuming Bai, McNeese State University
GPU Prices and Cryptocurrency Returns
By Linus Wilson; University of Louisiana at Lafayette
presented by: Linus Wilson, University of Louisiana at Lafayette
Discussant:   Edgardo Cayon, CESA
The Impact of COVID-19 on the U.S. Airline Companies
By Shuming Bai; McNeese State University Kai Koong; Tuskegee University
presented by: Shuming Bai, McNeese State University
Discussant:   Linus Wilson, University of Louisiana at Lafayette
Session 41: FBD Coffee Break March 4, 2022 10:00 to 10:30 Location: Exhibit Hall - St. James
Session Organizer: ,
Session Chair: William Hudson, St. Cloud State University
Session type: invited
Session 42: Corporate Finance 6 March 4, 2022 10:30 to 12:00 Location: Chart C
Session Organizer: ,
Session type: invited
Session 43: Real Estate March 4, 2022 10:30 to 12:00 Location: Quarterdeck A
Session Organizer: William Hudson, St. Cloud State University
Session type: invited
Innovation and Housing Costs
By Roger White; Arizona State University
presented by: Roger White, Arizona State University
Discussant:   Simon Stehle, University of Konstanz
Public Auction Versus Private Negotiation in Residential Property Sales
By Ying Huang; University of South Alabama Reid Cummings; University of South Alabama Ronald Spahr; University of Memphis Mark Sunderman; University of Memphis
presented by: Ying Huang, University of South Alabama
Discussant:   Roger White, Arizona State University
How do assessed values affect transaction prices of homes?
By Simon Stehle; University of Konstanz
presented by: Simon Stehle, University of Konstanz
Discussant:   Ying Huang, University of South Alabama
Session 44: Investments 1 March 4, 2022 10:30 to 12:00 Location: Quarterdeck B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Difang Huang, Monash University
Session type: invited
Workplace Automation and Portfolio Choice
By Abhishek Bhardwaj; New York University Saptarshi Mukherjee; Northeastern University
presented by: Abhishek Bhardwaj, New York University
Discussant:   Sukhun Lee, Loyola University Chicago
Correlated Default Risk and the Cross-section of Stock Returns
By Siamak Javadi; UTRGV Theophilus Osah; University of Texas Rio Grande Valley
presented by: Siamak Javadi, University of Texas Rio Grande Valley
Discussant:   Abhishek Bhardwaj, New York University
Microfinance Institutions and Diversification Benefits to Global Investors
By Ki Han; Suffolk University Sukhun Lee; Loyola University Chicago David Suk; Rider University Hyunmo Sung; Handong Global University
presented by: Sukhun Lee, Loyola University Chicago
Discussant:   Siamak Javadi, University of Texas Rio Grande Valley
Session 45: Market Efficiency 1 March 4, 2022 10:30 to 12:00 Location: Quarterdeck C
Session Organizer: William Hudson, St. Cloud State University
Session Chair: James Philpot, Missouri State University
Session type: invited
Tomorrow Is Another Day: Stocks Active Mutual Funds Overweight Predict the Next-Day Market
By Shuaiyu Chen; Purdue University Yixin Chen; University of Rochester Randolph Cohen; Harvard Business School
presented by: Shuaiyu Chen, Purdue University
Discussant:   Selma Izadi, Tennessee State University
Does the market watch 60 Minutes?
By Manuel Lobato; University of Puerto Rico Javier Rodriguez; University of Puerto Rico Herminio Romero-Perez; University of Puerto Rico at Carolina
presented by: Herminio Romero-Perez, University of Puerto Rico at Carolina
Discussant:   Shuaiyu Chen, Purdue University
Does weekend effect still exist in capital markets
By Selma Izadi; Tennessee State University
presented by: Selma Izadi, Tennessee State University
Discussant:   Herminio Romero-Perez, University of Puerto Rico at Carolina
Session 46: Market Microstructure March 4, 2022 10:30 to 12:00 Location: Chart A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Jiawei Chen, Mississippi State University
Session type: invited
Trading Volume Shares and Market Quality: Pre- and Post-Zero Commission
By Pankaj Jain; University of Memphis Suchismita Mishra; Florida International University Shawn O'Donoghue; Independent Le Zhao; Florida International University
presented by: Le Zhao, Florida International University
Discussant:   Wei-Xuan Li, Stockton University
Insider Trading amidst Political Uncertainty
By Jiawei Chen; Mississippi State University
presented by: Jiawei Chen, Mississippi State University
Discussant:   Le Zhao, Florida International University
Informed trading in index options during the COVID-19 pandemic period
By Wei-Xuan Li; Stockton University Joseph French; University of Northern Colorado James Nguyen; Texas A&M University Texarkana
presented by: Wei-Xuan Li, Stockton University
Discussant:   Jiawei Chen, Mississippi State University
Session 47: Portfolio Management 2 March 4, 2022 10:30 to 12:00 Location: Leeward
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Jeff Whitworth, University of Houston-Clear Lake
Session type: invited
Incentives of Fund Managers and Precautionary Fire Sales
By Saptarshi Mukherjee; Northeastern University Kose John; New York University Abhishek Bhardwaj; New York University
presented by: Saptarshi Mukherjee, Northeastern University
Discussant:   Jeff Whitworth, University of Houston-Clear Lake
Fast and Furious: An Intraday Analysis of Robinhood Users’ Trading Behavior
By David Ardia; HEC Montréal Clément Aymard; HEC Montreal Tolga Cenesizoglu; HEC Montreal
presented by: Clément Aymard, HEC Montreal
Discussant:   Saptarshi Mukherjee, Northeastern University
Should Investors Defer Long-Term Gains in Taxable Stock Portfolios?
By Jeff Whitworth; University of Houston-Clear Lake
presented by: Jeff Whitworth, University of Houston-Clear Lake
Discussant:   Clément Aymard, HEC Montreal
Session 48: Corporate Governance 2 March 4, 2022 10:30 to 12:00 Location: Kabacoff
Session Organizer: William Hudson, St. Cloud State University
Session Chair: William McCumber, Louisiana Tech University
Session type: invited
CEO-Board Social Connections and Seasoned Equity Offerings
By Md Nazmul Hasan Bhuyan; North Carolina A&T State University Maimuna Akter; Florida Atlantic University
presented by: Md Nazmul Hasan Bhuyan, North Carolina A&T State University
Discussant:   William McCumber, Louisiana Tech University
Specialization Effect of Non-technological Strategic Alliances on Innovation
By Nur Al Faisal; Louisiana State University Miaomiao Yu; Louisiana State University
presented by: Nur Al Faisal, Louisiana State University
Discussant:   Md Nazmul Hasan Bhuyan, North Carolina A&T State University
CEO Networks and Shareholder Litigation
By William McCumber; Louisiana Tech University Lingna Sun; Louisiana Tech University
presented by: William McCumber, Louisiana Tech University
Discussant:   Nur Al Faisal, Louisiana State University
Session 49: Banking 7 March 4, 2022 10:30 to 12:00 Location: Ascot
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Jiayuan Tian, University of New Orleans
Session type: invited
Correlated Default Risk and the Cost of Bank Loans
[slides]
By Theophilus Osah; University of Texas Rio Grande Valley Siamak Javadi; University of Texas Rio Grande Valley
presented by: Theophilus Osah, University of Texas Rio Grande Valley
Discussant:   Noah Urban, University of Duisburg-Essen
Do politically connected banks perform better in a democratic environment?
By Jiayuan Tian; University of New Orleans
presented by: Jiayuan Tian, University of New Orleans
Discussant:   Theophilus Osah, University of Texas Rio Grande Valley
Credit Risk Modeling in the Age of Machine Learning
By Noah Urban; University of Duisburg-Essen Martin Hibbeln; University of Duisburg-Essen Raphael Kopp; University of Duisburg-Essen
presented by: Noah Urban, University of Duisburg-Essen
Discussant:   Jiayuan Tian, University of New Orleans
Session 50: SWFA Luncheon and Business Meeting March 4, 2022 12:00 to 13:45 Location: St. Charles
Our annual luncheon includes our business meeting, presentation of awards, and keynote address by Dr. Donald Chance, James C. Flores Endowed Chair of MBA Studies and Professor of Finance, Louisiana State University
Session Organizer: ,
Session Chair: William Hudson, St. Cloud State University
Session type: invited
Session 51: Mergers and Acquisitions 1 March 4, 2022 13:45 to 15:15 Location: Quarterdeck A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Leonid Pugachev, Rochester Institute of Technology
Session type: invited
Market deposit-loan imbalances and bank M&A outcomes
By Leonid Pugachev; Rochester Institute of Technology
presented by: Leonid Pugachev, Rochester Institute of Technology
Discussant:   Emily Huang, California State University, Chico
Earnings Expectation and Interactive Discussion with Corporate Insiders
By Kotaro Miwa; Kyushu University
presented by: Kotaro Miwa, Kyushu University
Discussant:   Leonid Pugachev, Rochester Institute of Technology
Investor Inattention and Managerial Opportunism: Evidence from Private Acquisitions
By Emily Huang; California State University, Chico Qingzhong Ma; California State University, Chico Athena Wei Zhang; California State University, Chico
presented by: Emily Huang, California State University, Chico
Discussant:   Kotaro Miwa, Kyushu University
Session 52: Investments 2 March 4, 2022 13:45 to 15:15 Location: Quarterdeck B
Session Organizer: William Hudson, St. Cloud State University
Session type: invited
Corporate Social Responsibility Investments: Do Risk-Taking Attitudes Play a Role?
By Chu chen; Texas A&M University -Commerce
presented by: Chu chen, Texas A&M University -Commerce
Discussant:   Abdullah Noman, University of North Carolina at Pembroke
Retail Investor Attention, Information Asymmetry, and Stock Return Predictability
By Zhongdong Chen; University of Northern Iowa Karen Ann Craig; Eastern Michigan University Lei Gao; George Mason University
presented by: Zhongdong Chen, University of Northern Iowa
Discussant:   Chu chen, Texas A&M University -Commerce
Forecasting Stock Returns with Sum-of-the-Parts Methodology: Further Evidence
By Mahtab Athari; Mercyhurst University Atsuyuki Naka; University of New Orleans Abdullah Noman; University of North Carolina at Pembroke
presented by: Abdullah Noman, University of North Carolina at Pembroke
Discussant:   Zhongdong Chen, University of Northern Iowa
Session 53: Real Estate and Retirement Issues March 4, 2022 13:45 to 15:15 Location: Quarterdeck C
Session Organizer: William Hudson, St. Cloud State University
Session type: invited
Mandatory pension saving and homeownership
By Marcel Fischer; University of Konstanz Bjarne Astrup Jensen; (Copenhagen Business Schoool) Marlene Koch; University of Konstanz
presented by: Marlene Koch, University of Konstanz
Discussant:   Song Zhang, Boston College
Climate Change, the Partisan Divide, and Exposure to Climate Risk
By Song Zhang
presented by: Song Zhang, Boston College
Discussant:   Marlene Koch, University of Konstanz
EVALUATING THE PERFORMANCE OF REAL ESTATE INVESTMENT TRUSTS
By Srinidhi Kanuri; University of Southern Mississippi Davinder Malhotra; Thomas Jefferson University Jing Zhang; Thomas Jefferson Univresity
presented by: Davinder Malhotra, Thomas Jefferson University
Discussant:   Song Zhang, Boston College
Session 54: Central Banking 1 March 4, 2022 13:45 to 15:15 Location: Chart A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Biljana Gilevska, Universidad Carlos III de Madrid
Session type: invited
Ex-ante variables and divestiture IPO parent returns
By Thomas Thompson; University of Texas at Arlington
presented by: Thomas Thompson, University of Texas at Arlington
Discussant:   Nacasius Ujah, South Dakota State University
The ECB's Extraordinary Monetary Policy Measures from 2011 to 2018: How important were these policies compared to the usual factors affecting banks' investment choices?
[slides]
By Gerald Dwyer; Clemson University Biljana Gilevska; Universidad Carlos III de Madrid Maria Nieto; Banco de Espana Margarita Samartin; Universidad Carlos III de Madrid
presented by: Biljana Gilevska, Universidad Carlos III de Madrid
Discussant:   Nacasius Ujah, South Dakota State University
Preventing borrower runs: The prompt corrective action approach
By Nishant Kashyap; Indian School of Business Sriniwas Mahapatro; Indian School of Business Prasanna Tantri; Indian School of Business
presented by: Sriniwas Mahapatro, Indian School of Business
Discussant:   Thomas Thompson, University of Texas at Arlington
Economic Policy Uncertainty and Firm Efficiency
By Renee Oyotode -Adebile; Northwest Missouri State University Augustine Tarkom; Texas A&M International University Nacasius Ujah; South Dakota State University
presented by: Nacasius Ujah, South Dakota State University
Discussant:   Sriniwas Mahapatro, Indian School of Business
Session 55: Market Efficiency 2 March 4, 2022 13:45 to 15:15 Location: Chart B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Yixun Zhou, Rutgers University
Session type: invited
Post-Earnings Announcement Drift: An Event Study Analysis
By Yixun Zhou; Rutgers University
presented by: Yixun Zhou, Rutgers University
Discussant:   Ivelina Pavlova, University of Houston - Clear Lake
Short Selling Bans and Limits to Regulatory Arbitrage in a Multi-Market Setting
By Yu Hu; University of Texas at El Paso Pankaj K. Jain; The University of Memphis Suchi Mishra; Florida International University Robinson Reyes Pena; Florida International University
presented by: Robinson Reyes Pena, Florida International University
Discussant:   Yixun Zhou, Rutgers University
The Sell-in-May Effect in ESG Indices
By Ivelina Pavlova; University of Houston - Clear Lake Jeff Whitworth; University of Houston-Clear Lake Maria de Boyrie; New Mexico State University
presented by: Ivelina Pavlova, University of Houston - Clear Lake
Discussant:   Robinson Reyes Pena, Florida International University
Session 56: Fixed Income 4 March 4, 2022 13:45 to 15:15 Location: Leeward
Session Organizer: William Hudson, St. Cloud State University
Session Chair: James Philpot, Missouri State University
Session type: invited
The effect of labor unions on municipal bonds
By Yunhui Han; University of Utah
presented by: Yunhui Han, University of Utah
Discussant:   Stefano Pegoraro, University of Notre Dame
From Rating to Investing: Do Credit Rating Analysts Outperform in Bond Fund Management?
By Xiaolu Hu; RMIT University Haoyi Luo; University of Melbourne Zijin Xu; The University of Melbourne
presented by: Haoyi Luo, University of Melbourne
Discussant:   Yunhui Han, University of Utah
Issuance and Valuation of Corporate Bonds with Quantitative Easing
By Stefano Pegoraro; University of Notre Dame Mattia Montagna; European Central Bank
presented by: Stefano Pegoraro, University of Notre Dame
Discussant:   Haoyi Luo, University of Melbourne
Session 57: Covid, Risk and CEO Tenure March 4, 2022 13:45 to 15:15 Location: Kabacoff
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Dong Hyun Kim, Ohio Northern University
Session type: invited
What do We Know about the Emergency Lending Facilities of the Fed during the Financial Crisis of 2007-2008 and the Covid-19 Pandemic?
By Mujtaba zia; University of North Texas at Dallas Hiro Nishi; University of Texas at Dallas
presented by: Mujtaba zia, University of North Texas at Dallas
Discussant:   Daewoung Choi, Louisiana State University Shreveport
Should I Stay or Should I Go: An Examination of CEO Tenure and Outside Employment Opportunities
By Daewoung Choi; Louisiana State University Shreveport Dong Hyun Kim; Ohio Northern University Justin Lord; Louisiana State University in Shreveport Lukai Yang; University of Alabama
presented by: Daewoung Choi, Louisiana State University Shreveport
Discussant:   Mujtaba zia, University of North Texas at Dallas
Session 58: Corporate Finance 12 March 4, 2022 13:45 to 15:15 Location: Chart C
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Yinghong Zhang, University of Central Oklahoma
Session type: invited
Firm-Level Physical Risk of Climate Change: Evidence from Extreme Climate Events
By Li Ai; University of Massachusetts Boston Lucia Gao; University of Massachusetts Boston
presented by: Li Ai, University of Massachusetts Boston
Discussant:   Yinghong Zhang, University of Central Oklahoma
Homophily and merger dynamics
By Stefano Bonini; Stevens Institute of Technology Meghana Vaidya; Stevens Institute of Technology
presented by: Meghana Vaidya, Stevens Institute of Technology
Discussant:   Li Ai, University of Massachusetts Boston
Customer Concentration and Debt Financing Choice
By Bambi Hora; University of Central Oklahoma Paula Sanders; University of Central Oklahoma Yinghong Zhang; University of Central Oklahoma
presented by: Yinghong Zhang, University of Central Oklahoma
Discussant:   Meghana Vaidya, Stevens Institute of Technology
Session 59: Corporate Finance 13 March 4, 2022 13:45 to 15:15 Location: Newberry
Session Organizer: William Hudson, St. Cloud State University
Session type: invited
Customer-Supplier Relationships and Non-linear Financial Policy Response
By Kacheng Wong; Peking University Longkai Zhao; Guanghua School of Management
presented by: Kacheng Wong, Peking University
Discussant:   Reza Houston, Ball State University
Corporate Value Creation and the Award of Procurement Contracts
By Stephen Ferris; Ball State University Reza Houston; Ball State University Blake Rayfield; Northern Arizona University
presented by: Reza Houston, Ball State University
Discussant:   Kacheng Wong, Peking University
Session 60: FBD Coffee Break March 4, 2022 15:00 to 15:30 Location: Exhibit Hall - St. James
Session Organizer: ,
Session type: invited
Session 61: SWFA Poster Session. Analyst Self-disclosure vs. Non-self-disclosure: An Introduction to Bloomberg Analysts Earnings Forecasts Data Yiwei Zhao. Longwood University March 4, 2022 15:00 to 16:00
Session Organizer: ,
Session Chair: William Hudson, St. Cloud State University
Session type: invited
Session 62: Mergers and Acquisitions 2 March 4, 2022 15:30 to 17:00 Location: Quarterdeck A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Bradley Stevenson, Bellarmine University
Session type: invited
Acquirer Efficiency and the Bank Acquisition Discount
By Aigbe Akhigbe; University of Miami Bradley Stevenson; Bellarmine University Ann Marie Whyte; University of Central Florida
presented by: Bradley Stevenson, Bellarmine University
Discussant:   Halil Kiymaz, Rollins College
Does the volatility around merger and acquisition announements
By Patty Bick; University of Nebraska - Omaha Matthew Crook; University of Mississippi Andrew Lynch; University of Arkansas
presented by: Andrew Lynch, University of Arkansas
Discussant:   Bradley Stevenson, Bellarmine University
M&A Capability and Long-Term Firm Performance
By Eduardo Vinocur; Rollins College Halil Kiymaz; Rollins College Misty Loughry; Rollins College
presented by: Halil Kiymaz, Rollins College
Discussant:   Andrew Lynch, University of Arkansas
Session 63: Investments 3 March 4, 2022 15:30 to 17:00 Location: Quarterdeck B
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Robinson Reyes Pena, Florida International University
Session type: invited
Retail Investor Attention and Retail Investor Base: A Test of the Investor Recognition Hypothesis
By Zhongdong Chen; University of Northern Iowa Karen Ann Craig; Eastern Michigan University
presented by: Karen Ann Craig, Eastern Michigan University
Discussant:   David Brown, University of Florida
Mean-Variance Market Timing the U.S. Stock Market
By Luca Pezzo; University of New Orleans
presented by: Luca Pezzo, University of New Orleans
Discussant:   Karen Ann Craig, Eastern Michigan University
Discount Rates and Asset Returns: Implications for Endowment Strategies
By David Brown; University of Florida
presented by: David Brown, University of Florida
Discussant:   Luca Pezzo, University of New Orleans
Session 64: Finance Law and International Finance March 4, 2022 15:30 to 17:00 Location: Quarterdeck C
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Pritam Saha, Texas Tech University
Session type: invited
SEC Reforms of Floating NAV and the Lending Behavior of Money Market Funds
By Pritam Saha; Texas Tech University
presented by: Pritam Saha, Texas Tech University
Discussant:   William Cassidy, University of Chicago
Racial Discrimination in Markets: Evidence from Horse Racing
By Spencer Barnes; Florida State University
presented by: Spencer Barnes, Florida State University
Discussant:   Pritam Saha, Texas Tech University
Policy Opacity
By William Cassidy; University of Chicago
presented by: William Cassidy, University of Chicago
Discussant:   Spencer Barnes, Florida State University
Session 65: Market Efficiency 3 and Overconfidence March 4, 2022 15:30 to 17:00 Location: Chart A
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Syed Harun, Texas A&M University-San Antonio
Session type: invited
Do pre-IPO investments generate information advantages? Evidence from mutual funds
By Julie Ngo; Auburn University
presented by: Julie Ngo, Auburn University
Discussant:   Tianchen Zhao, University of Maryland
Can a momentum strategy outperform the S&P 500 index in a retirement plan?
By Akhtar lodgher; Texas A&M University-San Antonio Syed Harun; Texas A&M University-San Antonio
presented by: Syed Harun, Texas A&M University-San Antonio
Discussant:   Julie Ngo, Auburn University
Divergent Opinions on Social Media
By Kotaro Miwa; Kyushu University
presented by: Kotaro Miwa, Kyushu University
Discussant:   Julie Ngo, Auburn University
Managerial Overconfidence and Corporate Credit Ratings
By Tianchen Zhao; University of Maryland
presented by: Tianchen Zhao, University of Maryland
Discussant:   Kotaro Miwa, Kyushu University
Session 66: Insurance and Risk Management 1 March 4, 2022 15:30 to 17:00 Location: Kabacoff
Session Organizer: William Hudson, St. Cloud State University
Session type: invited
Bond Insurance and Public Sector Employment
By Natee Amornsiripanitch; Federal Reserve Bank of Philadelphia
presented by: Natee Amornsiripanitch, Federal Reserve Bank of Philadelphia
Discussant:   Andreas Kakolyris, Kean University
Correlation Aversion and Insurance Demand
By Christos Giannikos; Baruch College The City University of New York Andreas Kakolyris; Kean University
presented by: Andreas Kakolyris, Kean University
Discussant:   Natee Amornsiripanitch, Federal Reserve Bank of Philadelphia
Session 67: Corporate Finance 14 March 4, 2022 15:30 to 17:00 Location: Commerce
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Thomas Thompson, University of Texas at Arlington
Session type: invited
Mutual fund performance, side-by-side management, and boards
By Liang Sun; University of North Texas Takeshi Nishikawa; University of North Texas
presented by: Liang Sun, University of North Texas
Discussant:   Emmanuel Alanis, Texas State University
Does the Confidential IPO Registration Process Create Value?
By Mengnan Zhu; Brandeis University
presented by: Mengnan Zhu, Brandeis University
Discussant:   Liang Sun, University of North Texas
Can Machine Learning Methods Predict Beta?
By Emmanuel Alanis; Texas State University Vance Lesseig; Texas State University Janet Payne; Texas State University Margot Quijano; Texas State University - San Marcos
presented by: Emmanuel Alanis, Texas State University
Discussant:   Mengnan Zhu, Brandeis University
Session 68: Corporate Finance 9 March 5, 2022 8:00 to 9:50 Location: Camp
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Mengnan Zhu, Brandeis University
Session type: invited
Applying Instrumented Principal Component Analysis toDelta-Vega-Neutral Portfolios
By Yuanyi Zhang; Louisiana State University
presented by: Yuanyi Zhang, Louisiana State University
Discussant:   Stefano Pegoraro, University of Notre Dame
Ownership Hedging: Why Do Insiders Sell Stocks after Receiving Options?
By Fei Fang; Clark University
presented by: Fei Fang, Clark University
Discussant:   Nasim Sabah, Louisiana Tech University
Local Labor Match and Corporate Investments
By Nasim Sabah; Louisiana Tech University Linh Thompson; University of Texas at El Paso
presented by: Nasim Sabah, Louisiana Tech University
Discussant:   Yuanyi Zhang, Louisiana State University
Risk Aversion with Nothing to Lose
By Stefano Pegoraro; University of Notre Dame
presented by: Stefano Pegoraro, University of Notre Dame
Discussants:      1 ,      2 Fei Fang, Clark University
Session 69: Behavioral Finance 5 March 5, 2022 8:00 to 9:50 Location: Commerce
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Karen Smith, Brandeis University
Session type: invited
Expectations' Formation and Boom-Bust Cycles in Mortgage Lending
By Karen Smith; Brandeis University
presented by: Karen Smith, Brandeis University
Discussant:   Efstathia Korkou, York College The City University of New York
The Optimal Design of Green Securities
By Adelina Barbalau; University of Alberta Federica Zeni; Imperial College London
presented by: Federica Zeni, Imperial College London
Discussant:   Karen Smith, Brandeis University
Gender Differences in Risk-Taking Investment Strategies in Defined Contribution Plans
By Christos Giannikos; Baruch College The City University of New York Efstathia Korkou; York College The City University of New York
presented by: Efstathia Korkou, York College The City University of New York
Discussant:   Karen Smith, Brandeis University
Session 70: Corporate Finance 11 March 5, 2022 10:00 to 11:50 Location: Camp
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Anna Danielova, McMaster University
Session type: invited
Corporate operating performance following seasoned equity offerings: It pays to pay dividends
By Anna Danielova; McMaster University Wei-Ju Liao; McMaster University
presented by: Wei-Ju Liao, McMaster University
Discussant:   John Elder, Colorado State University
Do Corporate Insiders Take Advantage of Their Political Connections? Evidence from Insider Trading
By Xia Liu; University of Oklahoma
presented by: Xia Liu, University of Oklahoma
Discussant:   Anna Danielova, McMaster University
Accounting Conservatism and Firm Value: 2011 – 2020
By Mahnaz Paydarzarnaghi; University of Texas at Arlington J Diltz; University of Texas at Arlington
presented by: Mahnaz Paydarzarnaghi, University of Texas at Arlington
Discussant:   Xia Liu, University of Oklahoma
Uncertainty and Investment: Evidence from Domestic Oil Rigs
By Asad Dossani; Colorado State University John Elder; Colorado State University
presented by: John Elder, Colorado State University
Discussant:   Mahnaz Paydarzarnaghi, University of Texas at Arlington
Session 71: Mergers and Acquisitions 3 and Carbon Emissions March 5, 2022 12:00 to 13:50 Location: Camp
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Robinson Reyes Pena, Florida International University
Session type: invited
Migration Networks and M&A Decisions
By Suin Lee; University of Texas Rio Grande Valley Christos Pantzalis; University of South Florida Jung Chul Park; University of South Florida
presented by: Suin Lee, The University of Texas-Rio Grande Valley
Discussant:   Mohammadali Fallah, University of Texas San Antonio
Board Diversity and CEO Compensation
By Hong Zhou; University of Massachusetts Boston
presented by: Hong Zhou, University of Massachusetts Boston
Discussant:   Suin Lee, The University of Texas-Rio Grande Valley
Impact of Vertical Mergers on Rivals’ Cost of Debt
By Mohammadali Fallah; University of Texas San Antonio Mauro Oliveira; Trinity University
presented by: Mohammadali Fallah, University of Texas San Antonio
Discussant:   Hong Zhou, University of Massachusetts Boston
Session 72: Market Efficiency 4 March 5, 2022 12:00 to 13:50 Location: Canal
Session Organizer: William Hudson, St. Cloud State University
Session Chair: Phuvadon Wuthisatian, Hastings College
Session type: invited
Overconfidence and Risky Investments
By Young Baek; Nova Southeastern University
presented by: Young Baek, Nova Southeastern University
Discussant:   Phuvadon Wuthisatian, Hastings College
Momentum Returns and Volatility. Does Volatility Matter for Winner-Minus-Loser Strategy? Evidence from the Idiosyncratic Volatility and Conditional Volatility.
By Phuvadon Wuthisatian; Hastings College
presented by: Phuvadon Wuthisatian, Hastings College
Discussant:   Young Baek, Nova Southeastern University

 

This program was last updated on 2022-03-03 15:24:29 EDT