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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC. |
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SUMMER INSTITUTE 2004 |
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Corporate Finance Workshop |
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Denis Gromb and Antoinette Schoar, Organizers |
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Royal Sonesta Hotel |
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5 Cambridge Parkway |
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Cambridge, Massachusetts |
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July 12 and 13, 2004 |
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PROGRAM |
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MONDAY,
JULY 12: |
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8:30 a.m. |
Coffee
and Pastries |
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9:00 a.m. |
ARTURO BRIS and NING ZHU, Yale University |
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IVO WELCH, Yale University and NBER |
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Discussant: EDITH HOTCHKISS, Boston College |
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9:50 a.m. |
KENNETH AYOTTE and HAYONG YUN, Columbia University |
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Matching Bankruptcy Laws to
Legal Environments |
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Discussant: MATTHIAS KAHL, University of North Carolina |
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10:40 a.m. |
Break |
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11:00 a.m. |
CRAIG ONEIL BROWN and SERDAR DINC, University of
Michigan |
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The Politics of Bank Failures:
Evidence from Emerging Markets |
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Discussant: RAYMOND FISMAN, Columbia University and NBER |
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11:50 a.m. |
Lunch |
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1:00 p.m. |
LUIGI GUISO, University of Sassari |
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PAOLA SAPIENZA, Northwestern University |
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LUIGI ZINGALES, University of Chicago and NBER |
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Discussant: FRANKLIN ALLEN, University of Pennsylvania |
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1:50 p.m. |
RAGHURAM RAJAN, University of Chicago and NBER |
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JULIE WULF, University of Pennsylvania |
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Discussant: WAYNE GUAY, University of Pennsylvania |
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2:40 p.m. |
Break |
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3:00 p.m. |
ROBERT
MCDONALD, Northwestern University |
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Portfolio Choice and Corporate Financial Policy When There
Are Tax-Intermediating Dealers |
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Discussant: BURTON HOLLIFIELD, Carnegie Mellon University |
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3:50 p.m. |
OLIVER HART, Harvard University and NBER |
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JOHN MOORE, London School of Economics |
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Agreeing Now to Agree Later:
Contracts that Rule Out but do not Rule In |
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Discussant: STEVEN KAPLAN, University of Chicago and NBER
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4:40 p.m. |
Adjourn |
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TUESDAY, JULY 13: |
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8:30 a.m. |
Coffee and Pastries |
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9:00 a.m. |
RAPHAEL AMIT, University of Pennsylvania |
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BELÉN VILLALONGA, Harvard University |
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How Do Family Ownership,
Control, and Management Affect Firm Value? |
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Discussant: ANDREW METRICK, University of Pennsylvania
and NBER |
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9:50 a.m. |
JULIAN FRANKS and STEFANO ROSSI, London Business School |
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COLIN MAYER, University of Oxford |
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Discussant: RANDALL MORCK, University of Alberta and
NBER |
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10:40 a.m. |
Break |
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11:00 a.m. |
MATTHEW RHODES-KROPF, Columbia University |
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DAVID ROBINSON, Duke University |
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Discussant: BOYAN JOVANOVIC, New York University and
NBER |
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11:50 a.m. |
Lunch |
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1:00 p.m. |
MIHIR DESAI, Harvard University and NBER |
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C. FRITZ FOLEY, University of Michigan |
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KRISTIN FORBES, MIT and NBER |
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Discussant: ROSS LEVINE, University of Minnesota and NBER
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1:50 p.m. |
ILAN GUEDJ, MIT |
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DAVID SCHARFSTEIN, Harvard University and NBER |
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Evidence from the Drug
Development Strategies of Biopharmaceutical Firms |
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Discussant: PIERRE AZOULAY, Columbia University and
NBER |
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2:40 p.m. |
ATIF MIAN, University of Chicago |
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Distance Constraints: The Limits of Foreign Lending In
Poor Economies |
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Discussant: PHILIP STRAHAN, Boston College and NBER |
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3:30 p.m. |
Adjourn |
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6/10/04 |
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