
	Friday, December 1
8:00 am	Continental Breakfast
8:29 am	News and Price Informativeness
8:30 am	Managerial Learning from Decoding Noisy Stock Prices: New(s) Evidence From Billions of Internet Article Reads Alan Kwan, Hong Kong University Tse-Chun Lin, University of Hong Kong Po-Yu Liu, National Taiwan University Discussant: Olivier Dessaint, INSEAD
9:15 am	Media Narratives and Price Informativeness Chukwuma Dim, George Washington University Francesco Sangiorgi, Frankfurt School of Finance and Management Grigory Vilkov, Frankfurt School of Finance and Management Discussant: William N. Goetzmann, Yale University and NBER
10:00 am	Break
10:14 am	Corporate Finance
10:15 am	Covenant Violations, Loan Amendments, and Financial Distress in US Publicly Listed Firms: A Machine Learning Approach Vanessa Krockenberger, Frankfurt School of Finance & Management Anthony Saunders, New York University Sascha Steffen, Frankfurt School of Finance and Management Verhoff Paulina, Frankfurt School of Finance & Management Discussant: Sudheer Chava, Georgia Tech
11:00 am	Leaky Director Networks and Innovation Herding Luis Felipe Cabezon, Virginia Tech Gerard Hoberg, University of Southern California Discussant: Eric C. So, Massachusetts Institute of Technology
11:45 am	Lunch
12:44 pm	Mutual Funds
12:45 pm	Fund Flows and Income Risk of Fund Managers Xiao Cen, Texas A&M University Winston Wei Dou, University of Pennsylvania and NBER Leonid Kogan, Massachusetts Institute of Technology and NBER Wei Wu, Texas A&M University Discussant: Stijn Van Nieuwerburgh, Columbia University and NBER
1:30 pm	Displaced by Big Data: Evidence from Active Fund Managers Maxime Bonelli, London Business School Thierry Foucault, HEC School of Management Discussant: Russ Wermers, University of Maryland at College Park
2:15 pm	Break
2:29 pm	Generative AI and Finance
2:30 pm	Generative AI and Firm Values Andrea L. Eisfeldt, University of California, Los Angeles and NBER Gregor Schubert, University of California, Los Angeles Bledi Taska, SkyHive Miao Ben Zhang, University of Southern California Discussant: Tania Babina, Columbia University and NBER
3:15 pm	ChatGPT and Corporate Policies Manish Jha, Georgia State University Jialin Qian, Georgia State University Michael Weber, University of Chicago and NBER Baozhong Yang, Georgia State University Discussant: Gordon M. Phillips, Dartmouth College and NBER
4:00 pm	Asset Embeddings Xavier Gabaix, Harvard University and NBER Ralph S. J. Koijen, University of Chicago and NBER Motohiro Yogo, Princeton University and NBER Discussant: Serhiy Kozak, University of Maryland
4:45 pm	Adjourn

Participants

Farshid Abdi, Texas A&M University
James J. Angel, Georgetown University
Jitendra Aswani, Massachusetts Institute of Technology
Şenay Ağca, George Washington University
Tania Babina, Columbia University and NBER
John (Jianqiu) Bai, Northeastern University
Maxime Bonelli, London Business School
Michael W. Brandt, Duke University
Hoa Briscoe-Tran, University of Alberta
Jonathan Brogaard, University of Utah
Luis Felipe Cabezon, Virginia Tech
John Y. Campbell, Harvard University and NBER
William M. Cassidy, Washington University in St. Louis
Xiao Cen, Texas A&M University
Sudheer Chava, Georgia Tech
Hui Chen, Massachusetts Institute of Technology and NBER
Olivier Dessaint, INSEAD
Chukwuma Dim, George Washington University
Winston Wei Dou, University of Pennsylvania and NBER
Andrea L. Eisfeldt, University of California, Los Angeles and NBER
Sijia Fan, Cornell University
Vivian W. Fang, Indiana University
Maryam Farboodi, Massachusetts Institute of Technology and NBER
Xavier Gabaix, Harvard University and NBER
William N. Goetzmann, Yale University and NBER
Itay Goldstein, University of Pennsylvania and NBER
Fotis Grigoris, University of Iowa
Lewen Guo, Waseda University
Leyla Han, Boston University
Burton Hollifield, Carnegie Mellon University
David A. Hsieh, Duke University
Dasol Kim, Department of the Treasury
Ralph S. J. Koijen, University of Chicago and NBER
Serhiy Kozak, University of Maryland
Alan Kwan, Hong Kong University

Owen Lamont, Acadian Asset Management
Sida Li, Brandeis University
Tingting Liu, University of Tennessee
Dmitry Livdan, University of California, Berkeley
Andrey Malenko, Boston College
Claudia Moise, New York University
Carol Osler, Brandeis University
Paolo Pasquariello, University of Michigan
Gordon M. Phillips, Dartmouth College and NBER
Steven Poser, NYSE
Jialin Qian, Georgia State University
Brian S. Roseman, Oklahoma State University
Ronnie Sadka, Boston College
Mehmet Saglam, Princeton University
Varun Sharma, Indiana University
Vincent Skiera, Two Sigma Investments
Eric C. So, Massachusetts Institute of Technology
Chester S. Spatt, Carnegie Mellon University and NBER
Sascha Steffen, Frankfurt School of Finance and Management
Fred Sun, Cornell University
Yang Sun, Brandeis University
Yunus Topbas, Peking University
Tugkan Tuzun, Federal Reserve Board
Stijn Van Nieuwerburgh, Columbia University and NBER
Paulina M. Verhoff, Frankfurt School of Finance & Management
Luis M. Viceira, Harvard University and NBER
Grigory Vilkov, Frankfurt School of Finance and Management
Russ Wermers, University of Maryland at College Park
Nancy R. Xu, Boston College
Baozhong Yang, Georgia State University
Chen Yao, The Chinese University of Hong Kong
Mao Ye, Cornell University and NBER
Hanyi (Livia) Yi, Boston College
Miao Ben Zhang, University of Southern California