WWW.DISSERTATION.XLIBX.INFO
FREE ELECTRONIC LIBRARY - Dissertations, online materials
 
<< HOME
CONTACTS



Pages:   || 2 |

«InterContinental Hotel, Toronto Hosted by Schulich School of Business, York University Co-Chairs Gordon S. Roberts and Pauline Shum 1 We would like ...»

-- [ Page 1 ] --

Northern Finance Association Annual Meeting

2007

September 28 - 30, 2007

InterContinental Hotel, Toronto

Hosted by

Schulich School of Business, York University

Co-Chairs

Gordon S. Roberts and Pauline Shum

1

We would like to thank our sponsors for their generous Support

2

Schedule of Sessions

Friday, September 28, 2007

4:00  6:00 p.m. Registration (Willard Foyer)

6:00 p.m. Welcome Reception (Willard), sponsored by Schulich School of

Business, York University

Saturday, September 29, 2007 8:00 a.m. – 5:00 p.m. Publishers' Exhibits (Willard Foyer) 8:00 a.m.  8:30 a.m., Breakfast (Willard Foyer), sponsored by Stock-Trak Inc.

8:30 a.m.  10:00 a.m., Concurrent Sessions Asset Pricing I, Room: The Portman Volatility and Option Pricing, Room: The Barclay 2 Governance and Liquidity, Room: The Boardroom Corporate Investment, Room: The Barclay 1 Capital Structure and Dividends, Room: The Mayfair Banking Regulation, Room: The Britannia 10:00 a.m.  10:15 a.m., Coffee Break (Willard Foyer), sponsored by AGF Funds Inc.

10:15 a.m.  11:45 a.m., Concurrent Sessions Derivatives I, Room: The Barclay 2 Momentum Strategies, Room: The Barclay 1 International Finance, Room: The Boardroom Credit Risk, Room: The Mayfair Syndicated Loans, Room: The Britannia Going Private and SEOs, Room: The Portman 12:00 p.m.  1:30 p.m. Lunch (Willard), sponsored by the Canadian Institute of Chartered Business Valuators; Keynote Speaker: Anthony Saunders, New York University, Are Banks Still Special?

3 1:45 p.m.  3:15 p.m. Concurrent Sessions Asset Pricing II, Room: The Barclay 1 Term Structure of Interest Rates, Room: The Mayfair Portfolio Choice I, Room: The Portman Stock Index/Exchange Issues, Room: The Barclay 2 Family Ownership and Venture Capital, Room: The Britannia Analyst Coverage, Room: The Boardroom 3:15 p.m.  3:30 p.m. Coffee Break (Willard Foyer), sponsored by Desjardin Securities 3:30 p.m.  5:00 p.m. Concurrent Sessions Derivatives II, Room: The Barclay 2 Individual Investors, Room: The Britannia Portfolio Choice II, Room: The Portman Financial Institutions and Markets, Room: The Boardroom Capital Markets, Room: The Barclay 1 Debt and Financial Distress, Room: The Mayfair 5:15 p.m. Reception (Willard), co-sponsored by CPP Investment Board and McGraw-Hill Ryerson; Best Paper Award 5:45 p.m.  7:00 p.m. Keynote Speaker: Stephen Ross, MIT, A Neoclassical Look at Behavioral Finance, sponsored by McGraw-Hill Ryerson

–  –  –

8:00 a.m. – 12:00 p.m. Publishers' Exhibits (Willard Foyer) 8:00 a.m.  8:30 a.m. Breakfast (Willard Foyer), sponsored by the Individual Finance and Insurance Decision (IFID) Centre, Fields Institute 8:30 a.m.  10:00 a.m. Concurrent Sessions Personal Wealth Management, Room: The Britannia Institutional Investors, Room: The Barclay 1 Executive Compensation II, Room: The Barclay 2 IPOs II, Room: The Portman Small and Family Business, Room: The Mayfair Corporate Social Responsibility, Room: The Boardroom 4 10:00 a.m.  10:30 a.m. Coffee Break (Willard Foyer), sponsored by Dynamic Funds 10:30 a.m.  12:00 p.m. Concurrent Sessions Information and Trading, Room: The Britannia Trading Strategies and Portfolio Management, Room: The Mayfair Corporate Finance and Governance, Room: The Boardroom Corporate Finance, Room: The Barclay 1 Executive Compensation I, Room: The Barclay 2 IPOs I, Room: The Portman

–  –  –

Asset Pricing I, Room: The Portman Chair: Kevin Wang, University of Toronto Cross-sectional tests of CAPM and Fama-French three-factor model Robert R. Grauer, Simon Fraser University* Johannus A. Janmaat, Acadia University Discussant: Xiaolu Wang, University of Toronto Liquidity and Investment Styles Jeff Brown, Highstreet Asset Management Inc.

Doug Crocker, Highstreet Asset Management Inc.

Stephen Foerster, University of Western Ontario* Discussant: Lukasz Pomorski, University of Toronto Model Comparison Using the Hansen-Jagannathan Distance Raymond Kan, University of Toronto* Cesare Robotti, Federal Reserve Bank of Atlanta Discussant: Fousseni Chabi-Yo, Bank of Canada Volatility and Option Pricing, Room: The Barclay 2 Chair: Peter Klein, Simon Fraser University Implied Volatility Anomaly, Illiquidity, and Options Market Misreaction George Jiang, University of Arizona Yisong Tian, York University* Discussant: Jason Wei, University of Toronto Option Pricing using Realized Volatility: An Empirical Investigation Lars Stentoft, HEC Montréal* Discussant: Timothy Simin, Pennsylvania State University

–  –  –

Governance and Liquidity, Room: The Boardroom Chair: Thomas Chemmanur, Boston College Concentrated Control: A Comparative Analysis of Single and Dual Class Structures on Corporate Value Ben Amoako-Adu, Wilfrid Laurier University Brian F. Smith, Wilfrid Laurier University Madhu Kalimipalli, Bloomberg and Wilfrid Laurier University* Discussant: David McLean, University of Alberta Liquidity Risk and Limited Arbitrage: Why Banks Lend to Opaque Hedge Funds Evan Gatev, Boston College* Discussant: Puneet Prakash, Virginia Commonwealth University Do Voting Rights Affect Institutional Investment Decisions? Evidence from DualClass Firms Kai Li, University of British Columbia Hernan Ortiz-Molina, University of British Columbia Xinlei Zhao, Kent State University* Discussant: Karthik Krishnan, Boston College Corporate Investment, Room: The Barclay 1 Chair: George Georgopoulos, York University Stock Market Misvaluation and Corporate Investment Ming Dong, York University* David Hirshleifer, University of California Siew Hong Teoh, University of California Discussant: Jung-Wook Kim, University of Alberta

–  –  –





Equilibrium Investment Decisions in A Real-Options Sequential Bargaining Game with Network Effects Yuanshun Li, University of Calgary* Gordon Sick, University of Calgary Discussant: Anna Dodonova, University of Ottawa Capital Structure and Dividends, Room: The Mayfair Chair: Marie-Claude Beaulieu, Université Laval Do Firms Adjust Toward a Target Leverage Level Zhaoxia Xu, University of Toronto* Discussant : Iwan Meier, HEC Montreal What Can We Learn from Empirical Tests of the Pecking Order Theory?

Iwan Meier, HEC Montreal* Vefa Tarhan, Loyola University, Chicago Discussant : Marie-Hélène Gagnon, Université Laval Rethinking Lintner: An Alternative Dynamic Model of Dividends Larry Bauer, Memorial University of Newfoundland Nalinaksha Bhattacharyya, University of Alaska Anchorage Presented by Alex Faseruk, Memorial University of Newfoundland* Discussant: William Sodjahin, Université Laval Banking Regulation, Room: The Britannia Chair: Nadia Massoud, York University International Regulatory Policy Coordination: Microeconomics versus Macroeconomics John C. Pattison, CIBC* Discussant: Barry Scholnick, University of Alberta

–  –  –

Evidence of Differences in the Effectiveness of Safety-Net Management in European Union Countries Santiago Carbo-Valverde*, University of Granada and FUNCAS* Edward J. Kane, Boston College Francisco Rodriguez-Fernandez, University of Granada and FUNCAS Discussant: Andras Marosi, University of Alberta

–  –  –

Derivatives I, Room: The Barclay 2 Chair: Melanie Cao, York University Scarcity and Risk Premiums in Commodity Futures Saqib Khan, University of Western Ontario* Zeigham Khokher, University of Western Ontario Timothy Simin, The Pennsylvania State University Discussant: Liuren Wu, Baruch College Pricing Vulnerable American Options Peter Klein, Simon Fraser University* Jun Yang, Bank of Canada Discussant: Nabil Tahani, York University Credit Default Swap Spreads and Systematic Risk Yun Li, University of Toronto* Discussant: Melanie Cao, York University

–  –  –

Market Dynamics and Momentum Profits Ebeneezer Asem, University of Lethbridge* Gloria Y. Tian, University of New South Wales, Sydney Discussant: Ming Dong, York University Mean-Reversion and Momentum Kevin Q. Wang, University of Toronto* Discussant: Adlai Fisher, University of British Columbia Conditional Risk, Overconditioning, and the Performance of Momentum Strategies Oliver Boguth, University of British Columbia Murray Carlson, University of British Columbia Adlai Fisher, University of British Columbia* Mikhail Simutin, University of British Columbia Discussant: Kevin Q. Wang, University of Toronto International Finance, Room: The Boardroom Chair: Kai Li, University of British Columbia Do Foreigners Facilitate Information Transmission?

Kee-Hong Bae, Queen’s University* Arzu Ozoguz, The University of North Carolina, Chapel Hill Hongping Tan, University of Nothern British Columbia.

Discussant: Charles Gaa, University of British Columbia Float, Speculation, and Stock Prices: Evidence from the Share Structure Reform in China Chuan-Yang Hwang, Nanyang Technological University Shaojun Zhang, Nanyang Technological University Yanjian Zhu, Nanyang Technological University* Discussant: Feng Zhang, University of British Columbia Dispersion, Equity Returns Correlations and Market Integration Esther Eiling, University of Toronto* Bruno Gerard, Mellon Capital Management Discussant: David Ng, Cornell University

–  –  –

Portfolio Credit Risk Valuation: An Empirical Analysis Using a Parametric Implied Hazard Rate Density Bill Bobey, University of Toronto* Discussant: Lars Stentoft, HEC Montreal Default Risk in the U.S. Mortgage Market Toby Daglish, Victoria University of Wellington* Jon Garfinkel, University of Iowa Jarjisu Sa-Aadu, University of Iowa Discussant: Xiaofei Li, York University Time Varying Default Risk Premia in Corporate Bond Markets Redouane Elkamhi, McGill University* Jan Ericsson, McGill University and SIFR Discussant: Jun Yang, Bank of Canada Syndicated Loans, Room: The Britannia Chair: Allen Goss, Ryerson University Do Internationally Cross-Listed Non-US Firms Obtain More Favorable Terms for Syndicated Loans?

Claudia Champagne, Concordia University, Lawrence Kryzanowski, Concordia University* Discussant: Jean-Claude Cosset, HEC Montréal Institutional Investment in Syndicated Loans Debarshi Nandy, York University* Pei Shao, University of Northern British Columbia Discussant: Saif Warraich, University of Alberta Does Collateral Help Mitigate Adverse Selection? A Cross-Country Analysis Laurent Weill, Universite Robert Schuman* Christophe Godlewski, Universite Louis Pasteur Discussant: Raymond Cox, University of Ontario Institute of Technology

–  –  –

Do Private Equity Investors Take Firms Private for Different Reasons?

Jana Fidrmuc, Warwick Business School* Peter Roosenboom, RSM Erasmus University Dick van Dijk, Erasmus University Rotterdam Discussant: Douglas Cumming, York University Seasoned Equity Offerings: Quality of Accounting Information and Expected Flotation Costs Gemma Lee, University of Alabama* Ronald W. Masulis, Vanderbilt University Discussant: Nancy Ursel, University of Windsor Seasoned Equity Issues with “Soft” Information: Theory and Empirical Evidence Thomas J. Chemmanur, Boston College* Yawen Jiao, Boston College Discussant: Craig Dunbar, University of Western Ontario

–  –  –

Asset Pricing II, Room: The Barclay 1 Chair: Robert Grauer, Simon Fraser University Market Pricing of Economic Risks and Stock Returns Yi Tang, Baruch College Liuren Wu, Baruch College* Discussant: Togla Cenesizolgu, HEC Montreal Asset Pricing with Heterogeneous Consumers: Is Household Data Informative?

Olesya V. Grishenko, The Pennsylvania State University* Marco Rossi, The Pennsylvania State University Discussant: Liuren Wu, Baruch College

–  –  –

Term Structure of Interest Rates, Room: The Mayfair Chair: Yisong Tian, York University A No-Arbitrage Analysis of Macroeconomic Determinants of Term Structures and the Exchange Rate Fousseni Chabi-Yo, Bank of Canada Jun Yang, Bank of Canada* Discussant: Madhu Kalimipalli, Wilfrid Laurier University Can Affine Term Structure Models Help Us Predict Exchange Rates?

Antonio Diez de los Rios, Bank of Canada* Discussant: Narat Charupat, McMaster University Pricing Interest Rate Derivatives under Stochastic Volatility Nabil Tahani, York University Xiaofei Li, York University* Discussant: Wulin Suo, Queen’s University Portfolio Choice I, Room: The Portman Chair: Andreas Park, University of Toronto Are Bonds Desirable in Tax-Deferred Accounts?

Marcel Marekwica, Johann Wolfgang Goethe University of Frankfurt* Discussant: Charles Gaa, University of British Columbia Optimal House Tenure and Portfolio Choices With Housing As A Hedging Asset Yu (Frank) Zhang, Columbia University* Discussant: David Koslowsky, University of Manitoba

–  –  –

Stock Index/Exchange Issues, Room: The Barclay 2 Chair: Stephen Foerster, University of Western Ontario Do Stock Exchanges Corral Investors into Herding?

Aditya Kaul, University of Alberta Vikas Mehrotra, University of Alberta Carmen Stefanescu, University of Alberta* Discussant: Timothy Simin, Pennsylvania State University Do Index Effects Reflect Idiosyncratic or Industry Effects? A Re-Examination of the Winners and Losers of S&P 500 Index Addition Isaac Otchere, Carleton University* André Gygax, University of Melbourne Discussant: Mark Huson, University of Alberta Demand Curves for Stocks Are Flat: New Evidence from S&P 500 Weight Adjustments Karel Hrazdil, Simon Fraser University* Discussant: Fuad Farooqi, University of Western Ontario Family Ownership and Venture Capital, Room: The Britannia Chair: Douglas Cumming, York University Ownership Structure Mobility of Canadian Business Groups Maria K. Boutchkova, Concordia University* Diego Cueto, Concordia University Discussant: Jana Fidrmuc, Warwick Business School Family Values: Ownership Structure, Performance and Capital Structure of Canadian Firms

–  –  –

Venture Capital Syndication and Performance Post the IPO: Evidence from Canada and the UK Khaled Soufani, Concordia University* Xiaolin Wang, Concordia University Discussant: Li Que, Schulich School of Business, York University Analyst Coverage, Room: The Boardroom Chair: Brian Kluger, University of Cincinnati Adds and Drops of Analyst coverage: Does the Stock Market Overreact?



Pages:   || 2 |


Similar works:

«OXFAM DISCUSSION PAPERS DECEMBER 2015 LEBANON: LOOKING AHEAD IN TIMES OF CRISIS Taking stock of the present to urgently build sustainable options for the future An informal refugee settlement in Anfie, north Lebanon, 2013. Photo: Sam Tarling/Oxfam Since the outbreak of the crisis in Syria in March 2011, Lebanon has felt the impact politically, socially and economically. Four-and-a-half years into the crisis and with an all-out war on its doorstep, the country is experiencing ever greater...»

«IOSR Journal of Business and Management (IOSR-JBM) ISSN: 2278-487X. Volume 7, Issue 2 (Jan. Feb. 2013), PP 94-100 www.iosrjournals.org Determinants of Corporate Liquidity An Analysis of Cash Holdings 1 Sara Anjum, 2Qaisar Ali Malik 1 FUIRC, Department of Business & Economics. 2 Assistant Professor, FUIRC, Department of Business & Economics. Abstract: The objective of the study is to determine and measure how and to what extent size of the firm, net working capital, leverage, cash conversion...»

«Very Preliminary How Did Pre-Fed Banking Panics End?* Gary Gorton Yale and NBER Ellis Tallman Oberlin College May 8, 2015 Abstract How did pre-Fed banking crises end? During the National Banking Era, 1863-1914, banks responded to the severe panics by suspending convertibility, that is, they refused to exchange cash for their liabilities (checking accounts). During the suspension period bank depositors’ beliefs, which had led to the panic to start with, changed and they no longer desired to...»

«EMG Working Paper Series WP-EMG-28-2009 ‘The Costs of Moving Money across Borders and the Volume of Capital Flight: The Case of Russia and Other CIS Countries’ Josef C. Brada, Ali M. Kutan and Goran Vukšić October 2009 Emerging Markets Group Cass Business School City University 106 Bunhill Row London EC1Y 8TZ UK www.cass.city.ac.uk/emg/ The Costs of Moving Money across Borders and the Volume of Capital Flight: The Case of Russia and Other CIS Countries * Josef C. Brada W. P. Carey School...»

«A NEW HISTORY OF BANKING PANICS IN THE UNITED STATES, 1825-1929: CONSTRUCTION AND IMPLICATIONS By Andrew Jalil ON-LINE APPENDIX A-1 A1 – Descriptions of Earlier Panic Series Section A1 of the appendix describes the methodologies behind each of the nine panic series on a case-by-case basis. Kemmerer Kemmerer (1910) identified financial panics by reading the Commercial and Financial Chronicle, the leading economic newspaper of the late 19th and early 20th centuries, from 1873 to 1908. He found...»

«Decision on the continued operation of OTP Bank Plc. in line with the provisions of the new Civil Code, and proposal on the amendment of the Bylaws Act CLXXVII of 2013 on the transitional and authorising provisions related to the enactment of Act V of 2013 on the Civil Code (hereinafter: “Civil Code”) provide as follows: “Article 12 (1) Upon enactment of the Civil Code the [.] economic entity registered in the companies register shall, as of the amendment of the first founding deed...»

«Chapter V Contemporary Media Scenario of Mizoram The main aim of this chapter is to map the print, literary and audio visual performative culture in contemporary Mizoram. More specifically, it deals with the study of three inter-related areas, namely the quality and quantity of the commercial press, the tardy growth of the cable television industry, and the continued presence of the literary and religious public sphere through the magazines, Kristian Tlangau and Thu leh Hla. This period (1990s...»

«© United Nations Children's Fund (UNICEF), Pacific, 2011 UNICEF Pacific 360 Victoria Parade, Suva, Fiji Islands July 2011 This is a working document. It has been prepared to facilitate the exchange of knowledge and to stimulate discussion. The designations in this publication do not imply an opinion on legal status of any country or territory, or of its authorities, or the delimitation of frontiers. This paper isprepared by the UNICEF National consultant, Henry Vira. We would like to thank...»

«Author's personal copy Journal of Accounting and Economics 50 (2010) 455–466 Contents lists available at ScienceDirect Journal of Accounting and Economics journal homepage: www.elsevier.com/locate/jae Accounting anomalies and fundamental analysis: An alternative view Jonathan Lewellen n Tuck School of Business, Dartmouth College, Hanover, NH 03755, USA article info abstract Available online 3 November 2010 The literature on accounting anomalies and fundamental analysis provides important...»

«DO MARKETS CARE ABOUT CENTRAL BANK GOVERNOR CHANGES? EVIDENCE FROM EMERGING MARKETS CHRISTOPH MOSER AXEL DREHER CESIFO WORKING PAPER NO. 2177 CATEGORY 6: MONETARY POLICY AND INTERNATIONAL FINANCE DECEMBER 2007 An electronic version of the paper may be downloaded • from the SSRN website: www.SSRN.com • from the RePEc website: www.RePEc.org • from the CESifo website: www.CESifo-group.org/wpT T CESifo Working Paper No. 2177 DO MARKETS CARE ABOUT CENTRAL BANK GOVERNOR CHANGES? EVIDENCE FROM...»

«Oxytocin Promotes Buying Xing Zhang Department of Marketing National University of Singapore Mochtar Riady Building, 15 Kent Ridge, Singapore 119245 Email: zhangxingis@gmail.com Mikhail Monakhov Department of Economics National University of Singapore AS2 06-02, 1 Arts Link, Singapore 117570 Email: misha.monahov@gmail.com Poh San Lai Department of Paediatrics National University of Singapore Lower Kent Ridge Road, Singapore 119074 Email: poh_san_lai@nuhs.edu.sg Soo Hong Chew Department of...»

«National Mythmaking and the Problems of History In Sino-Japanese Relations Paper to be delivered at the Conference on Memory of War 24-25 January 2003, MIT Yinan He The Sino-Japanese War from 1937 to 1945 was unparalleled in either country’s history of external conflicts with its enormous scale, brutality, and destructiveness. Both nations emerged from the war tragically traumatized, not only in terms of their human casualties and economic loss inflicted but also with regard to the severe...»





 
<<  HOME   |    CONTACTS
2016 www.dissertation.xlibx.info - Dissertations, online materials

Materials of this site are available for review, all rights belong to their respective owners.
If you do not agree with the fact that your material is placed on this site, please, email us, we will within 1-2 business days delete him.