Finance Seminar Series

Spring 2008

Matthew Cain, Purdue University
The Information Content of Fairness Opinions in Negotiated Mergers

Andrea Frazzini, Chicago - with Lauren Cohen and Christopher Malloy
The Small World of Investing: Board Connections and Mutual Fund Returns

Zhi Li, Arizona State
Behavioral and rational explanations of stock price performance around SEOs: Evidence from a decomposition of market-to-book ratios

Evan Dudley, Rochester
Intermittent investment and capital structure

Jonathan Cohn, Michigan
Investment, Cash Flow and Financial Markets: Evidence from Tax Loss Carryforwards

Ambrus Kecskes, University of Toronto
Why are firms that raise more financing worth more?

Yu Yuan, Wharton
Attention and Trading

Peter Iliev, Brown
The Effect of the Sarbanes-Oxley Art (Section 404)*

Ran Duchin, USC
Cash Holdings and Corporate Diversification

Ludovic Phalippou, Amsterdam
The Performance of LBO Investments

Mark Carey, Board of Governors
The Bank as Grim Reaper: Debt Composition and Recoveries on Defaulted Debt

Simon Gervais, Duke University
Overconfidence, Investment Policy, and Manager Welfare

Malcolm Baker, Harvard
Catering Through Nominal Share Prices

Mark Chen, Georgia State
Boardroom Brawls: An Empirical Analysis of Disputes Involving Directors

Fall 2007

Andriy Bodnaruk, Maastrict University
The Dark Role of Investment Banks in the Market for Corporate Control

Michael Roberts, Wharton University
Contingency and Renegotiation of Financial Contracts: Evidence from Private Credit Agreements

Kewei Hou, Ohio State
Resurrecting the Size Effect: Firm Size, Profitability Shocks, and Expected Stock Returns

Mitch Warachka, Singapore Management University
Return Predictability of Analyst Forecasts

Danling Jiang, Florida State
Short-Sale Constraints and the Non-January Idiosyncratic Volatility Puzzle

Ayako Yasuda, Wharton
Are Stars' Opinions Worth More? The Relation between Analyst Reputation and Recommendation Values

Andrea Eisfeldt, Northwestern University
Financing Shortfalls and the Value of Aggregate Liquidity

Spring 2007

Sorin Sorescu, Texas A&M
A Reexamination of Corporate Governance and Equity Prices

Wei Jiang, Columbia University (visiting at Wharton)
Hedge Fund Activism, Corporate Governance, and Firm Performance

Christian Andres, University of Florida and University of Bonn
Family Ownership, Financing Constraints and Investment Decisions

Cem Demiroglu, University of Florida
The Information Content of Bank Loan Covenants

Laura Starks, University of Texas
Headlines and Bottom Lines: Attention and Learning Effects from Media Coverage Mutual Funds

Fall 2006

Mitch Petersen, Kellogg

Allen Poteshm, Illinois
Does Option Trading Have a Pervasive Impact on Underlying Stock Prices?

Michael Boldin

Steve Sharpe, Federal Reserve Board of Governors

Spring 2006

Clara Vega, University of Rochester
Asymmetric Information in the Stock Market: Economic News and Co-movement

Carola Schenone, University of Virginia
Lending Relationships and Information Rents

Katrina Ellis, UC-Davis
Capital Gaines Taxes and IPO Returns

Gordon Phillips, University of Maryland & NBER
Why Do Public Firms Issue Public and Private Securities?

Yonghen Deng, Southern California Real Estate Group

Fall 2005

Ozgur "Ozzie" Ince, University of Florida
The Partial Adjustment of IPO Offer Prices Is Not Due to Dynamic Information Acquisition

Amir Sufi, University of Chicago
Banks and Flexibility: Empirical Evidence on the Mix of Equity, Bonds, and Bank Debt

Chris James, University of Florida
Banks and Bubbles: How Good are Bankers at Spotting Winners

Laura Starks, Univeristy of Texas

Hassan Naqvi, National University of Singapore
Banking Crises and the Lender of Last Resort: How Crucial Is the Role of Information?

Kristine Watson Hankins, University of Florida
Empirical Evidence on Risk Management: M&A Activity and Derivatives Use

Annette Vissing-Jorgensen, Northwestern's Kellogg School
Long-run Stockholder Consumption Risk and Asset Pricing

Joao Santos, NY Federal Reserve
Bank Loans, Bonds, and Information Monopolies Across the Business Cycle

Spring 2005

Miles Livingston, University of Florida
Mutual Funds Costs

Dan Bergstresser, Harvard Business School

Armen Hovakimian, Baruch College
Are Observed Capital Structures Determined by Equity Market Timing?

Wayne Ferson, Boston College
The Timing Ability of Fixed Income Mutual Funds

Jonathan Lewellen, MIT
The Conditional CAPM Does Not Explain Asset-pricing Anomalies