||Registration and Coffee Session
||Dean's Welcome and Remarks
Market Microstructure Session: Chair: Michael Pagano, Villanova U.
Institutional Trading Frictions
Chiraphol N. Chiyachantana, Singapore Management U., and Pankaj K. Jain, U. of Memphis
Discussant: Yan Li, Cornell University
Institutional Trading, Brokerage Commissions, and Information Production around Stock Splits
Thomas J. Chemmanur, Boston College, Gang Hu, Babson College, and Jiekun Huang, Boston College
Discussant: David Weinbaum, Cornell University
Multimarket Trading, Volume Dynamics, and Market Integration
Michael Halling, U. of Utah, Pamela C. Moulton, Fordham U., and Marios Panayides, U. of Utah / U. of Pittsburgh
Discussant: Darwin Choi, Yale School of Management
Corporate Finance Session: Chair: Darius Palia, Rutgers U. / Princeton U.
CEO Deal-Making Activity, CEO Compensation and Firm Value
Eliezer M. Fich, Drexel U., Laura T. Starks, U. of Texas-Austin, and Adam S. Yore, Drexel U. / Northern Illinois U.
Discussant: David Reeb, Temple U.
A Comparative Analysis of Shareholder Activism in the US and UK: Evidence from Shareholder Proposals
Bonnie Buchanan, U. of Seattle, and Tina Yang, Clemson U. / Villanova U.
Discussant: Dalida Kadyrzhanova, U. of Maryland
Mergers and Persistence
Jeffrey Jaffe, U. of Pennsylvania / Wharton, David Pedersen, Drexel U., and Torben Voetmann, Cornerstone Research
Discussant: Scott Bauguess, Securities and Exchange Commission
Lunch and Keynote Speaker (in the MBA Commons room)
The Role of the Bankruptcy Process in Facilitating Corporate Restructuring
Michael Lemmon, University of Utah
Financial Institutions and Markets Session: Chair: Jonathan Scott, Temple U.
The Impact of Concentration and Sophistication of the Banking Sector on Sovereign Risk
Erdem Aktug, Lehigh U., Nandkumar Nayar, Lehigh U., and Geraldo Vasconcellos, Lehigh U.
Discussant: Joseph Mason, Louisiana State U.
The Impact of Joint Participation on Liquidity in Equity and Syndicated Bank Loan Markets
Linda Allen, Baruch College-CUNY, Aron Gottesman, Pace U., and Lin Peng, Baruch College-CUNY
Discussant: Ronel Elul, Federal Reserve Bank - Philadelphia
Convertible Bond Arbitrageurs as Suppliers of Capital
Darwin Choi, Yale School of Management, Mila Getmansky, University of Massachusetts, Amherst, Brian Henderson, George Washington University, and Heather Tookes, Yale School of Management
Discussant: Naveen Daniel, Drexel U.
Investments Session: Chair: Giorgios Skoulakis, U. of Maryland
Relative Wealth Concerns and Complementarities in Information Acquisition
Diego García, U. of North Carolina at Chapel Hill, and Günter Strobl, U. of North Carolina at Chapel Hill
Discussant: Giorgios Skoulakis, U. of Maryland
Fundamentals, Trader Activity and Derivative Pricing
Bahattin Büyükşahin, CFTC, Michael S. Haigh, Societe Generale, Jeffrey H. Harris, CFTC / U. of Delaware, James A. Overdahl, SEC, and Michel A. Robe, CFTC / American U.
Discussant: Xiaoxia Lou, U. of Delaware
The Evolution of Aggregate Stock Ownership: A Unified Explanation
Kristian Rydqvist, Binghamton U., Joshua Spizman, Binghamton U., and Ilya Strebulaev, Stanford U.
Discussant: Yuzhao Zhang, Temple U.
||Wine and Beer Reception