
	Thursday, June 22
9:14 am	Chair: TBA
9:15 am	International Evidence on Firm Level Decisions in Response to the Crisis: Shareholders vs. Other Stakeholders Franklin Allen, Imperial College London Elena Carletti, Bocconi University Yaniv Grinstein, Cornell University
10:15 am	Coffee Break
10:29 am	Chair: TBA
10:30 am	Biased Monitors: Corporate Governance When Managerial Ability is Mis-assessed Benjamin E. Hermalin, University of California
11:30 am	Enjoying the Quiet Life: Corporate Decision-Making by Entrenched Managers Kotaro Inoue, Tokyo Institute of Technology Naoshi Ikeda, Tokyo Institute of Technology Sho Watanabe, Tokyo Institute of Technology
12:30 pm	Lunch
1:29 pm	Chair: TBA
2:30 pm	Changes in Corporate Governance and President Turnover: The Evidence from Japan Hideaki Miyajima, Waseda University Ryo Ogawa, Chiba University of Commerce Takuji Saito, Keio University
3:30 pm	Coffee Break
3:44 pm	Chair: TBA
3:45 pm	Decline of Bank-Led Restructuring in Japan: 1980-2010 Takeo Hoshi, University of Tokyo
5:45 pm	Adjourn
6:30 pm	Dinner

Participants

Franklin Allen, Imperial College London
Shin-ichi Fukuda, University of Tokyo
Re-Jin Guo, University of Illinois at Chicago
Benjamin Hermalin, University of California
Takeo Hoshi, University of Tokyo
Kotaro Inoue, Tokyo Institute of Technology
Takatoshi Ito, Columbia University and NBER
Hideaki Miyajima, Waseda University
Heather Montgomery, International Christian University

Randall Morck, University of Alberta and NBER
Junichi Nakamura, Development Bank of Japan
Masao Nakamura, University of British Columbia, Emeritus
Ryo Ogawa, Chiba University of Commerce
Yoshiaki Ogura, Waseda University
Takuji Saito, Keio University
Kenichi Ueda, University of Tokyo, CEPR, and TCER
Yupana Wiwattanakantang, National University of Singapore