Corporate Finance Program Meeting
Organized by Isil Erel and Adi Sunderam
April 12, 2024
Gleacher Center, Room 300, 450 North Cityfront Plaza Drive, Chicago, IL
:Format: Authors 20 minutes, Discussants 15 minutes, Q&A 15 minutes. The presentations will not be available on YouTube
Friday, April 12
Continental Breakfast
8:29 am
CEO incentives
8:30am

The Political Polarization of Corporate America

Vyacheslav Fos, Boston College and NBER
Elisabeth Kempf, Harvard University and NBER
Margarita Tsoutsoura, Washington University in St. Louis and NBER

Discussant:
Paola Sapienza, Stanford University and NBER
9:20am

Excess Commitment in R&D

Marius Guenzel, University of Pennsylvania
Tong Liu, Massachusetts Institute of Technology

Discussant:
Michael Ewens, Columbia University and NBER
Break
10:40am

Modeling Managers As EPS Maximizers

Alex Chinco, Michigan State University
Itzhak Ben-David, The Ohio State University and NBER

Discussant:
Malcolm Baker, Harvard University and NBER
11:29 am
Disparities in Access to Finance
11:30am

Explaining Racial Disparities in Personal Bankruptcy Outcomes

Bronson Argyle, Brigham Young University
Sasha Indarte, University of Pennsylvania
Benjamin Iverson, Brigham Young University
Christopher Palmer, Massachusetts Institute of Technology and NBER

Discussant:
Samuel Antill, Harvard University
Lunch - Room 621
1:30pm

Branching Out Inequality: The Impact of Credit Equality Policies

Jacelly C. Cespedes, University of Minnesota
Erica Xuewei Jiang, University of California, Los Angeles
Carlos R. Parra, PUC Chile
Jinyuan Zhang, University of California, Los Angeles

Discussant:
Sergey Chernenko, Purdue University
Break
2:45 pm
Credit Markets
2:50pm

Taxation When Markets Are Not Competitive: Evidence From A Loan Tax

Rebecca De Simone, London Business School
Felipe Brugues, Instituto Tecnológico Autónomo de México (ITAM)

Discussant:
David Sraer, University of California, Berkeley and NBER
Break
4:10pm

Corporate Runs and Credit Reallocation

Elena Carletti, Bocconi University
Filippo De Marco, Bocconi University
Vasso Ioannidou, City University of London
Enrico Sette, Banca d'Italia

Discussant:
Anil K Kashyap, University of Chicago and NBER
Adjourn
Reception and Dinner at the Gleacher Center, Room 621