Conference Program

13th Annual Mid-Atlantic Research Conference in Finance Program

 

8:15     
Registration and Coffee Session
8:40   
Opening Remarks
8:45 Dean’s Welcome
9:00

Financial Markets Session:  Chair: Kathleen Hanley, Lehigh University

Dark Trading Volume and Market Quality: A Natural Experiment
Ryan Farley, U. of Tennessee, Eric Kelley, U. of Tennessee, and Andy Puckett, U. of Tennessee

Discussant:  Chaojun Wang, U. of Pennsylvania

Stock Options, Stock Loans, and the Law of One Price
Jesse A. Blocher, Vanderbilt U., and Matthew C. Ringgenberg, U. of Utah

Discussant:  Stewart Mayhew, Cornerstone Research

10:15 Distinguished Speaker:  Kent Daniel, Columbia U.
10:45 Coffee Break
11:00

Investments Session:  Chair: Rabih Moussawi, Villanova U.

Anomaly Time
Boone​ ​Bowles, U. of North Carolina, Adam​ ​V.​ ​Reed, U. of North Carolina,
Matthew​ ​C.​ ​Ringgenberg, U. of Utah, and Jacob​ ​R.​ ​Thornock, Brigham Young U.

Discussant: Robert Stambaugh, U. of Pennsylvania

News Momentum
Hao Jiang, Michigan State U., Sophia Zhengzi Li, Rutgers U., and
Hao Wang,
Prime Quantitative Research LLC

Discussant: Simon Huang, U. of Connecticut

12:15

Lunch and Keynote Speaker

Darrell Duffie, Stanford U.
Title of Paper: New banking regulations and the liquidity of financial markets

1:30

Corporate Finance Session:  Chair: Kate Waldock, Georgetown University
The Limits of Limited Liability: Evidence from Industrial Pollution

Pat Akey, U. of Toronto, and Ian Appel, Boston College

Discussant:  Hayong Yun at Michigan State U.

Global Supply-Chain Networks and Corporate Social Responsibility
Christoph M. Schiller, U. of Toronto

Discussant:   Oğuzhan Karakas, U. of Cambridge

2:45 Distinguished Speaker:  Annette Poulsen, U. of Georgia
3:15 Coffee Break
3:30

Do Institutional Investors Monitor their Large vs. Small Investments Differently? Evidence from the Say-On-Pay Vote
Miriam Schwartz-Ziv, Michigan State U., and Russ Wermers, U. of Maryland

Discussant:  Jie Cai, Drexel U.

Financial Institutions Session:  Chair: Chair: Gokhan Torna, SUNY Stony Brook

Public Market Players in the Private World: Implications for the Going Public Process
Shiyang Huang, University of Hong Kong, Yifei Mao, Cornell U., Cong Wang, Emory U., and Dexin Zhou, Baruch College, CUNY

Discussant:  Jiasun Li, George Mason U.

4:45 Reception

MARC Program Track Chairs:

Corporate FinanceJongsub Lee, University of Florida

Financial InstitutionsLamont Black, DePaul University

Financial Markets / Market Microstructure:  Robert Van Ness, University of Mississippi

Investments:  Sugata Ray, University of Alabama

MARC Outstanding Paper Award:

Dark Trading Volume and Market Quality: A Natural Experiment
Ryan Farley, U. of Tennessee, Eric Kelley, U. of Tennessee, and
Andy Puckett, U. of Tennessee