Monday, July 8
10:30 am
Introductions
10:40 am

Valuation Fundamentals

Paul Décaire, Arizona State University
John Graham, Duke University and NBER

Discussant:
Steven N. Kaplan, University of Chicago and NBER
11:30 am

Firms' Perceived Cost of Capital

Niels Joachim Gormsen, University of Chicago and NBER
Kilian Huber, University of Chicago and NBER

Discussant:
Mitchell A. Petersen, Northwestern University and NBER
12:20 pm
Lunch
1:30 pm

A New Theory of Credit Lines (With Evidence)

Jason R. Donaldson, Washington University in St Louis
Naz Koont, Columbia University
Giorgia Piacentino, University of Southern California and NBER
Victoria Vanasco, Center for Research in Economics and Statistics

Discussant:
Zhiguo He, Stanford University and NBER
2:20 pm
Break
2:50 pm

The Rise of Anti-Activist Poison Pills

Ofer Eldar, University of California, Berkeley
Tanja Kirmse, Miami University
Michael D. Wittry, The Ohio State Univeristy

Discussant:
Alon Brav, Duke University and NBER
3:40 pm

Tax Policy and Investment in a Global Economy

Gabriel Chodorow-Reich, Harvard University and NBER
Matthew Smith, Department of the Treasury
Owen M. Zidar, Princeton University and NBER
Eric Zwick, University of Chicago and NBER

Discussant:
Michelle Hanlon, Massachusetts Institute of Technology
4:30 pm
Adjourn
Tuesday, July 9
8:30 am
Coffee and Pastries
9:10 am

The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France (slides)

Elio Nimier-David, Cornell University
David Sraer, University of California, Berkeley and NBER
David Thesmar, Massachusetts Institute of Technology and NBER

Discussant:
Dirk Jenter, London School of Economics
10:00 am
Break
10:30 am

The Politicization of Social Responsibility

Todd Gormley, Washington University in St Louis and NBER
Manish Jha, Georgia State University
Meng Wang, University of South Florida

Discussant:
Vyacheslav Fos, Boston College and NBER
11:20 am

Venturing into Racial Diversity on Startup Boards

Emmanuel Yimfor, Columbia University
Johan Cassel, Vanderbilt University
James P. Weston, Rice University

Discussant:
Song Ma, Yale University and NBER
12:10 pm
Lunch
1:10 pm

Diverging Banking Sector: New Facts and Macro Implications

Jinyuan Zhang, University of California, Los Angeles
Shohini Kundu, University of California, Los Angeles
Tyler Muir, University of California, Los Angeles and NBER

Discussant:
Mark L. Egan, Harvard University and NBER
2:00 pm

How (In)effective was Bank Supervision during the 2022 Monetary Tightening?

João Granja, University of Chicago
Yadav K. Gopalan, Indiana University

Discussant:
Anna Kovner, Federal Reserve Bank of Richmond
2:50 pm
Break
3:20 pm

When Insurers Exit: Climate Losses, Fragile Insurers, and Mortgage Markets

Parinitha R. Sastry, Columbia University
Ishita Sen, Harvard University
Ana-Maria Tenekedjieva, Federal Reserve Board of Governors

Discussant:
Pascal J. Noel, University of Chicago and NBER
4:10 pm

Failing Banks (slides)

Sergio A. Correia, Federal Reserve Board of Governors
Stephan Luck, Federal Reserve Bank of New York
Emil Verner, Massachusetts Institute of Technology and NBER

Discussant:
Manju Puri, Duke University and NBER
5:00 pm
Adjourn