Le séminaire de finance

David Robinson, Duke University

Francesco D'Acunto from Georgetown University

Martin Szydlowski from University of Minnesota

Michel Habib from University of Zurich

Mario Milone from UCSD

Annual Dauphine Finance PhD Workshop, with a keynote speech by Douglas Cumming

Nihat Aktas from WHU - Otto Beisheim School of Management

Pierre-Olivier Weill from UCLA

Andriy Shkilko from Wilfried Laurier University

Benjamin Holcblat from University of Luxembourg

Stefano Rossi from Bocconi University

Yapei Zhang from ShanghaiTech University

Michael Ewens (invited professor) from Columbia University

Theodisios Dimopoulos from HEC Lausanne

Dimitris Papanikolaou from Nothwestern University

Tim Loughran from Notre-Dame University

Alberto Plazzi from University of Lugano.

Javier Gil-Bazo from University Pompeu Fabra

Liyan Shi from Tepper School of Business

Katrin Tinn from McGill University

Olga Kolokolova from The University of Manchester

Winston Dou from University of Pennsylvania

Brandon Gipper from Stanford University

Rajna Gibson from University of Geneva

Cecilia Bustamante from University of Maryland

Gyöngyi Lóránth from University of Vienna

Marios Panayides from University of Cyprus

Pasquale Della Corte from Imperial College Business School

Roberto Steri from University of Luxembourg

Christopher Hennessy from London Business School

Harald Hau from University of Geneva

Elena N. ASPAROUHOVA, University of Utah

Raghu Rau from University of Cambridge

Pat Akey from University of Toronto

Omri Even-Tov from Berkeley Haas

Bill Megginson from the University of Oklahoma

Dissecting the Listing Gap: Mergers, Private Equity, or Regulation?

Stefano Giglio ( Yale University)

Test Assets and Weak Factors

Micah Officer (Loyola Marymount University)

Peer Selection and Valuation in Mergers and Acquisitions

Jack Favilukis (UBC Sauder School of Business)

One Anomaly to Explain Them All

Mattia Bevilacqua (London School of Economics)

Options-based Systemic Risk, Financial Distress, and Macroeconomic Downturns

Federico Gavazzoni (INSEAD)

Concealed Carry

François Koulischer (University of Luxembourg)

Low Interest Rates and the Distribution of Household Debt

David Brown, University of Arizona

On the Origin of IPO Profits

Maria Cecilia Bustamante, University of Maryland

Knowledge Cycles and Corporate Investment

Harald Hau, University of Geneva

Markus Pelger, Stanford University

Pasquale della Corte, Imperial College Business School

Maria-Cecilia Bustamante, Business School of the University of Maryland

Ruediger Fahlenbrach, Ecole Polytechnique Fédérale de Lausanne (EPFL), Swiss Finance Institute

CEO Networks and the Labor Market for Directors

Michael Halling, Stockholm School of Economics

Valuation ratios and shape predictability in the distribution of stock returns

Ryan Williams, University of Arizona, Eller College of Management

Financial Policies of Organized Labor in the 21st Century

Yi Huang, Geneva Graduate Institute

Seminar is canceled because of the strike.

Pat Akey, University of Toronto

Price Revelation from Informed Trading: Evidence from Hacked Earnings News

Olivier Dessaint, University of Toronto, Rotman School of Management

The Anatomy of Acquirer Returns

René Stulz, The Ohio State University, Fisher College of Business

Are Analyst Trade Ideas Valuable?

Christina Atanasova, Simon Fraser University

Stranded Fossil Fuel Reserves and Firm Value

Dusan Isakov, Université de Fribourg

What if dividends were tax-exempt? Evidence from a natural experiment

Christophe Bisière, Toulouse School of Economics

Equilibrium Bitcoin Pricing

Luminita Enache, Tuck School of Business at Darmouth

Henrik Cronqvist, University of Miami, Miami Business School

Christian Brownlees, Universitat Pompeu Fabra

Luigi Lovino, Universita' Bocconi

Social Insurance, Information Revelation, and Lack of Commitment

Marius Zoican, University of Toronto, Rotman School of Management

Crowded stock coverage

Richard Evans, University of Virginia, Darden School of Business

David Robinson, Duke University, Fuqua School of Business

Talking About the Weather: Understanding Household Demand for Green Investment

Richard Payne, Cass Business School

Cross-Venue Liquidity Provision: High Frequency Trading and Ghost Liquidity

Alberto Manconi, Universita Bocconi

Lixin Huang, Georgia State University, Robinson College of Business

Oliver Spalt, Tilburg University

Is the Stock Market Biased Against Diverse Top Management Teams?

Duane Seppi, Carnegie Mellon University

Information, Liquidity, and Dynamic Limit Order Markets

Marie Lambert, HEC Liege

Gyongyi Loranth, University of Vienna, VGSF

Paul Schneider,Swiss Finance Institute, Lugano

Laurent Frésard, Swiss Finance Institute, University of Lugano

Technological Disruptiveness and the Evolution of IPOs and Sell-Outs

Claire Celerier, University of Toronto, Rotman School of Management

Taxing Bank Leverage: The Effects on Bank Capital Structure, Credit Supply, and Risk-Taking

Manju Puri, Duke University, Fuqua School of Business

Christine Parlour, UC Berkeley, Hass School of Business

Pierre Chaigneau, Queen’s University Smith School of Business

The Value of Performance Signals Under Contracting Constraints

Christopher Hennessy, LBS

Equilibrium Counterfactuals

Sergei Kovbasyuk, EINAUDI Institute of Economics and Finance

Seller-Paid Ratings

Andy Puckett, University of Tennessee

Dark Trading Volume and Market Quality: A Natural Experiment

Daniel Ferreira, London School of Economics

How to Sell Jobs

Lucy Chernykh, Clemson College of Business

Supervisory Oversight and Internal Fraud in Failing Banks

Sohnke Bartram, Warwick Business School

Why Has Idiosyncratic Risk Been Historically Low in Recent Years?

David Ardia, University of Neuchatel

Forecasting risk with Markov switching GARCH models: A large scale performance study

Kai Li, UBC Sauder School of Business

Product Market Dynamics and Mergers and Acquisitions: Insights from the USPTO Trademark Data

Kevin Aretz, Manchester Business School

The Early Exercise Risk Premium

Marie Lambert, HEC Liège

Factoring Characteristics into Returns: A Clinical Approach to Fama-French Portfolio Decomposition

Mario Bellia, Goethe University Frankfurt - SAFE

The Demand for Central Clearing: To Clear or Not to Clear, That Is the Question

Thomas Philippon, NYU Stern School of Business

How the US Lost Its Competitive Edge

Luigi Iovino, Bocconi University

Central Bank Balance Sheet Policies without Rational Expectations

Amber Anand, Syracuse University

Do Buyside Institutions Supply Liquidity in Bond Markets? Evidence from Mutual Funds

Mieszko Mazur, IESEG School of Management

Facilitating Takeovers and Takeover Premia: The Case of Coordinated Monitoring

Panagiotis Anagnostidis, EUROFIDAI

Price efficiency and High Frequency Trading in call auctions

Christopher Henessy, London Business School

Learning from natural experiments when agents do too

Ryan Williams, University of Arizona

CEO Mobility, Performance-Turnover Sensitivity, and Compensation: Evidence from Non-Compete Contracts

Alejandro Rivera, University of Texas at Dallas

Optimal Short-Termism 

Paul Karehnke, UNSW

Institutional Crowding and the Moments of Momentum

Paul Whelan, Copenhagen Business School

Pedro Barroso, UNSW

Managing the Risk of the ‘Betting-Against-Beta’ Anomaly: Does It Pay to Bet Against Beta?

Kevin Mullaly, University of Alabama

Prime (Information) Brokerage

Ian Marsh, Cass Business School

Volatility and the Cross-Section of Returns on FX Options

Elena Asparouhova, University of Utah

Competitive Off-equilibrium: Theory and Experiment

Charles Jones, Columbia University

Tracking Retail Order Activity

Kai Li, UBC

Stakeholder Orientation and the Cost of Debt: Evidence from a Natural Experiment

Manju Puri, Duke University

On Deposit Stability in Failing Banks

Christian Brownlees, Universitat Pompeu Fabra

Detecting Granular Time Series in Large Panels

Florian Heider, European Central Bank

Life Below Zero: Bank Lending Under Negative Policy Rates

Richard Payne, Cass Business School

Estimating the Moments of Long Horizon Returns

Christopher Hennessy, London Business School

Markets Versus Mechanisms

Mark Chen, Georgia State University

Do Lead Directors Enhance Monitoring by the Board?

David Ardia, Neuchatel University

The Peer Performance Ratios of Hedge Funds

Ilaria Piatti, Oxford University Said Business School

Expected Term Structures

Albert Menkveld, VU Amsterdam

High-Frequency Trading around Large Institutional Orders

Guillaume Vuillemey, HEC Paris

The Failure of a Clearinghouse: Empirical Evidence

Neil Wallace, PennState University

Optima in heterogenous-agent monetary economies

 Eser Arisoy, DRM Finance

Do stock markets price expected stock skewness? New evidence from quantile regression skewness forecasts

 Roni Michaely, Cornell University

Are US Industries Becoming More Concentrated?

Workshop: 1st Dauphine Microstructure 

http://www.mariuszoican.org/dauphine-microstructure-workshop.html

Workshop in Corporate Finance:

Ronnie Sadka, Boston College

What do measures of real-time corporate sales tell us about earnings surprises and post-announcement returns?

Matthieu Bouvard, McGill University

Risk Management Failures

Marius-Andréis Zoican, DRM Finance

Discrete or Continuous Trading? HFT Competition and Liquidity on Batch Auction Markets

Bart Yueshen, INSEAD

Uncertain Market Making

Francisco Gomez, London Business School

 Expenditures and Financial Well-Being

Kevin Aretz, Manchester Business School

Moneyness, Volatility, and the Cross-Section of Equilibrium Option Returns: Theory and Evidence

Olivier Spalt, Tilburg University

Why Does Size Matter So Much For Bidder Announcement Returns?

Alberta di Giuli, ESCP Europe

Board members’ media connections and access to financing

Marianne Andries, Toulouse School of  Economics

Information Aversion

Jérôme Dugast, Banque de France

Unscheduled News and Market Dynamics

Gilles Chemla, DRM Finance

The Paradox of Policy-Relevant Natural Experiments

Marcin Kacperczyk, Imperial College

Chasing Private Information

Christophe Spaenjers, HEC Paris

Unique Durable Assets

Tamara Nefedova, DRM Finance

Kleopatra Nikolaou, Board of Governors of the Federal Reserve System

Trading in the Over-the-counter markets: Evidence from the Tri-party repo Market

 Farzad Saidi, Cambridge University

The Informational Value of Patents in Banking Relationships

Marius-Andrei Zoican, DRM Finance, Dauphine

Need for Speed? Exchange Latency and Liquidity

Daniel Ferreira, London School of Economics

Creditor Control Rights and Corporate Board Independence

Olivier Dessaint, University of Toronto

Employment Protection and Takeovers

Christina Atanassova, Simon Fraser University, Canada

Richard Payne, Cass Business School

-What Do Stock Markets Tell Us About Exchange Rates?

Charles Jones, Columbia Business School

-Potential Pilot Problems:  Treatment Spillovers in Financial Regulatory Experiments

Bill Megginson, University of Oklohoma

-Do Share Issue Privatizations Really Improve Firm Performance in China?

Konark Saxena, Australian Businiess School

-Recent riskless rate news is not priced but it matters

Tristan Roger, DRM Finance

-Behavioral biases in number processing: The case of analysts’ target prices

Manju Puri, Duke University

-A Tale of Two Runs: Depositor Responses to Bank Solvency Risk

Edith GINGLINGER, Dauphine, Ulrich HEGE, HEC Paris, Bill MEGGINSON University of Oklohoma

-4th Paris Spring Corporate Finance Conference

Roni Michaely, Cornell University

-Taxation and Dividend Policy: The Muting Effect of Diverse Ownership Structure

Ian  Marsh, Cass Business School

-Off the Golden Fetters Examining Interwar Carry Trade and Momentum

Vikas Agarwal, Georgia State University, Atlanta

-Interfund lending in mutual fund families: A boon or a curse?

Hamza Bahaji, Natixis, Paris

-Employee stock option-implied risk attitude under rank-dependent expected utility

Kent Womack,  Rotman School of Management, University of Toronto

-Speed and Expertise in Stock Picking: Older, Slower, and Wiser?

Kevin Aretz,  Manchester Business School

-Conflicting Security Law and the Democratization of Credit: France’s Reform of the Napoleonic Code

Evgenia Passari, DRM Finance

-Exchange rates and Commodity Prices

Eric de Bodt,  Université Lille 2, SKEMA Business School

-The Hubris Hypothesis: Empirical Evidence

Eser Arisoy,  DRM Finance

-Volatility of Aggregate Volatility and Hedge Fund Returns

Delphine Lautier, DRM Finance

Speculation in Commodity Futures Markets: A Simple Equilibrium Model

Teng Wang

Bank Entry Mode, Labor Market Flexibility,and Economic Activity

Rafael Zambrana

Management Sub Advising: The Mutual Fund Industry

Mintra Dwarkasing

The Dark Side of Social Capital? Battles and Mortgage Lending

Tanja Artiga

Coordinated Shareholder Activism: A Potential Remedy for the Firm Free-Rider Problem

Mai Daher

Creditor Control Rights, Capital Structure and Legal Enforcement

Thomas Lambert

lobbying on Regulatory Enforcement Actions: Evidence from Banking

Julien Penasse

Return Predictability: Learning from the Cross-Section

Florina Silaghi

A simple model of foreclosure and renegotiation: The negative externality of foreclosure

Ouarda Merrouche

-Credit Crunch and Heterogeneous Adjustment across Firms

Marius A. Zoican

Banking Union Optimal Design under Moral Hazard

Nihat Aktas, WHU Otto Beisheim School of Managementt

-Do rating agencies affect acquisition decisions?

Georges Hubner, Université de Liège

-Portfolio choice and investor preferences: A semi-parametric approach based on Risk Horizon

Alejandro Bernales, Banque de France, Universidad de Chile

-The Effects of Information Asymmetries on the Ex-Post Success of Stock Option Listings

Alejandro Jofré, University of Chile

-Dynamic Contracts Under Loss Aversion

Bill Megginson, University of Oklohoma

-Prestige without Purpose: Reputation, Differentiation, and Pricing in U.S. Equity Underwriting

Aurobindo GHOSH et Jeremy GOH, Singapore Management University

Evren Ors, HEC Paris

-Risk-Based Capital Requirements for Banks International Trade : Evidence from Basel II Implementation in Turkey

Roni Michaely, Cornell University

-Does the scope of the sell-side analyst industry matter? An examination of bias, accuracy and information content of analyst reports

Hans Degryse, KU Leuven, Belgique

-When arm’s length is too far. Relationship banking over the business cycle

Rasa Karapandza, EBS Business School

-The Rate of Market Efficiency

Laurent Germain, Toulouse Business School

-Heterogeneous beliefs and imperfect competition in sequential auction markets

Hamza Bahaji, Seeyond, Natixis Asset Management

-Are employee stock option exercise decisions better explained

Yoichi Otsubo, University Luxembourg

-International Cross-Listing and Price Discovery under Trading Concentration in the Domestic Market: Evidence from Japanese Shares

 Bart Zhou Yueshen, University of Amsterdam and Tinbergen

-Queuing Uncertainty

Daniele Bianci, Bocconi University

-Real-Time Learning, Macroeconomic Uncertainty, and the Variance Risk Premium

Aleksandar Andonov, Maastricht University

-Delegated Investment Management in Alternative Assets

François Koulisher, Université Libre de Bruxelle

-The Collateral Channel of Monetary Policy: Evidence from

Evgenia Passari, Cass Business School

-Commodity Currencies Revisited

Paula Margaretic, Université Toulouse I

-Correlated Bank Runs, Interbank Markets and Reserve Requirements

Rémy Praz, Swiss Federal Institute of Technology Lausanne

-Equilibrium Asset Pricing in the Presence of both Liquid and
Illiquid Markets

Haina Ding, IAE Toulouse School ofEconomics

-Innovation strategies and stock price informativeness

Jan Schnitzler, Stockholm School ofEconomics

-Stock Price Elasticty and Control Ownership: Cross-sectional Evidence from S&P 500 Inclusions

Stefan Obernberger, université Mannheim

-The Timing of Share Repurchases

Jean-Paul Renne, Banque de France

-A model of the Euro-area Yield Curve with Discete Policy Rates

Alexander Schandlbauer, Vienna Graduate School of Finance

– How do financial institutions react to a tax increase?

Olivier Dessaint, HEC Paris

-Do managers overreact to salient risks? Evidence from hurricane strikes

Christian Eufinger, Goethe University Frankfurt

-Interbank network and bank bailouts: Insurance mechanism for non-insured creditors?

Adrian Penalver, Paris School of Economics

-Pre-crisis credit standards: monetary policy or the savings glut?

Maia Gejadze, Louvain School of Management

-Agency Problems and Internal Syndication of Venture Capital Investments

Oksana Pryshchepa, Lancaster University

-Asset Substitutions and Financial Distress

Nicolas Crouzet, Columbia University

-Corporate debt structure and the macroeconomy

AFFI, Novotel Paris les Halles Hôtel Place Marguerite de Navarre 75001 PARIS.

Ryan Williams, University of Arizona

-Fortune favors the bold

Fany Declerk, Toulouse School of Economics

-Adverse selection & liquidity supply in a fast electronic market

Théo Vermaelen, INSEAD

-Contingent Capital: The Case of COERCs

 Tristan Roger, University of Grenoble

– The (lack of) forecasting quality of financial analysts’ target prices

 Chales Jones, Colombia University

– A solution to the Palm-3Com spinoff puzzles

Michel ROBE, American University, Washington

-Seminars on ernergy commodity prices

Bill MEGGINSON, University of Oklohoma

-Sovereign Wealth Fund Investment Patterns and Performance

Manju Puri, Duke University

-Do Depositors Monitor Banks?

Gyoengyi LORANTH, University of Vienna

-Liquidity Coinsurance and bank Capital

Daniel Ferreira, LSE, UK

-shareholder empowerment and bank bailouts

Vikas AGARWAL, GSU

-Mandatory Portfolio Disclosure, Stock Liquidity, and Mutual FundPerformance

Marian Moszoro, IESE Business School, University of Navara

-Third-Party Opportunism and the Nature of Public Contracts

Julie Salaber,  Lecturer in Finance at University of Bath, UK

-Sensitivity of consumer confidence to stock markets’ meltdowns

Manuel MAYER, Vienna Graduate School of Finance

-Sovereign Credit Risk and Banking Crises ?

Mark Shackleton, Lancaster University

– On the valuation and capital cost of project flexibily within sequential investment

Tamara Nefedova, Swiss Finance Institute,University of Lugano

-One for All or All for One? Predation versus Cooperation in Mutual Fund Families

Alain COEN, UQAM

-Asset Pricing with Skewed Returns

Jean-Noël Barrot, HEC Paris School of Management, Jouy-en-Josas (78)

-Financial Strength and Trade Credit Provision :Evidence from Trucking Firms

Elena Dumistrescu, European University Institute, San Domenico, Italie

-Backtesting Value-at-Risk: From Dynamic Quantile to Dynamic Binary Tests

Carmela d'Avino , Macroeconomist, Banque de France

-Global M0 liquidity and bank liquidity creation: The role of external interbank liabilities

Nelson Costa Neto, London School of Economics

-The Effects of Fund Flows on Corporate Investment

Morten Bennedsen, INSEAD, France

– Estimating the Value of The Boss: Evidence from CEO Hospitalization Events

 Peter Kondor, Central European University, Budapest, Hungary

– Trading and Information Diffusion in Over-the-Counter Markets

José-Miguel Gaspar, ESSEC Business School, Cergy-Pontoise 

-Fund Managers Under Pressure: and Determinants of Secondary Buyouts

Alain COEN, UQAM

-ANNULE reporté au 28/02/2013

Augustin LANDIER, Toulouse School of Economics 

-The WACC Fallacy: The Real E_ects of Using a Unique Discount Rate

Michel MAGNAN, Concordia University, Canada

-Fair value accounting: information or confusion for financial markets

Patrick ROGER, Université de Strasbourg

-Portfolio Diversi.cation Dynamics as a Measure of Market Sentiment

Ralph WINTER, Université de British Columbia

-Innovation and the Dynamics of Global Warming

Bill MEGGINSON, University of Oklohoma

-Government Ownership and the Cost of Debt: Evidence from Government Investments in Publicly Traded Firms

Terrence HENDERSHOTT, Haas School of Business, University of California  

-Are Institutions Informed about News? » co-écrit avec Dmitry Livdan et Norman Schüroff.

Ioanid ROSU, HEC Paris

-News Trading and Speed

Myrna WOODERS, Vanderbilt University, Nashville

Serges DAROLLES, Dauphine

-Liquidity Contagion: a look at Emerging Markets

Daniel RETTL, Vienna Graduate School of Finance

Eser ARISOY, Lancaster University management School

Zoé TSESMELIDAKIS, Goethe Université, Frankfurt

-The Impact of Government Interventionson CDS and Equity Markets

 Bjarni TORFASON, Columbia Business School

– Real Exchange Rate Information in Currency Strategies

Jean-Paul DECAMPS, Toulouse School of Economics

Multiple Lenders,Strategic Default and the Role of Debt Covenants

Mariana ROJAS BREU, Dauphine

Debt enforcement and the return on money

AFFI

–

Christopher POLK, LSE

–

2nd DAUPHINE WORKSHOP ON ECONOMIC THEORY

Recent Advances on the Role of Beliefs in Decision Theory (Laboratoire d’Economie de Dauphine and Paris School of Economics)

Camille CORNAND, CNRS BETA, Strasbourg

Ryan DAVIES, Babson college

Sampling and simulation methods

Meziane LASFER, Cass Business School

Why Do Insiders Change their Ownership during IPO Lockup Arrangements?

Alessendro RIBONI, Dauphine

Dynamic Bargaining over Redistribution in Legislatures

Alain Coen University of Quebec in Montreal (UQÀM)

Asset Pricing with Skewed Returns

Alberta DI GIULY, ICSTE Lisbonne

Patrice PONCET (ESSEC)

The Myth of Long Horizon Predictability: An Investment Perspective » (co-auteurs René Garcia et Abraham Lioui de l’EDHEC

Carlos E. Ortiz, Charles A. Stone, et Anne Zissu.

« Securitization of Financial Asset/Liability Products with Longevity Risk ».

 JAYANT Kale, Geogia State University

 13h30-15h- The Effect of CEO’Risk-Taking Incentives on Relationship-Specific Investments by Customers and Suppliers

 Laurent CALVET (HEC)                                                          Paolo SODINI

 « Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios »

Daniel FERREIRA  (London School of Economics)

« Boards of banks”, London School of Economics

Monica BILLIO (University of Venice)

« Econometric Measures of Systemic Risk in the Finance and Insurance Sectors »

Anaïs Hamelin (Université libre de Bruxelles et Université de Strasbourg

Small Business Groups performance. Evidence from French SMEs

Maria Grazin ROMANO (University of Salerno)

 Moral hazard with optimistic managers

Bill MEGGINSON (university of Oklahoma)

The Value of Investment Banking Relationships: Evidence from the Collapse of Lehman Brothers

Ken L. BECHMANN (Copenhagen Business School)

 Bad Corporate Governance and Powerful CEOs in Banks

Uday RAJAN (university of Michigan)

Corporate Governance and Managerial Reputational Concerns

Jayant KALE (Georgia State University)

Incentives in Managerial Pay and Voluntary Turnover

Michel HABIB (Université de Zurich)

Firm Spawning Dynamics

Pierre-Cyrille HAUTCOEUR, E.H.E.S.S.

How to regulate a financial market?

Milo BIANCHI, PSE

Financial Development, Entrepreneurship, and Job Satisfaction

Terrence HENDERSHOTT (UC Berkeley)

Price Pressures

Fréderic LOSS (CNAM)

Optimal Hedging Strategies and Interactions between Firms

Sébastien POUGET(Université Toulouse 1)

 Rational and Irrational Bubbles: An experiment

Giacinta CESTONE (Queen Mary, University of London)

 The Deep-Pocket Effect of Internal Capital Markets

Matthieu BOUVARD (McGill)

 Real option financing under asymmetric information

Katrin TINN (Stockholm School of Economics)

Can overpricing technology stocks be good for welfare? Positive spillovers vs. equity market losses

Marie-Aude LAGUNA (Maître de Conférences - Dauphine)

 Présentation de générale de ses recherches

Christina ATANASOVA (Simon Fraser University)

 The corporate Finance of pension plans

Luc RENNEBOOG (Tillburg University)

Buying Beauty : On Prices and Returns in the Art Market

Sanjiv R. DAS (Santa Clara University)

Modeling Recovery Rates

Marie E. SUSHKA, (Arizona Sate University) et Myron SLOVIN (HEC)

The Role of Private Equity in Corporate Asset Sales: Theory and Evidence, co-écrit avec Ulrich Hege, Stefano Lovo et Myron B. Slovin

Terrence HENDERSHOTT (Berkeley)

Informed Trading and Portfolio Returns, co-écrit avec Alex Bouletov et Dmitry Livdan

Michelle LOWRY(Pennsylvania State University)

When do firms listen to their analysts: evidence from mergers and acquisitions

Jérôme POUYET (Ecole polytechnique)

 Anticompetitive Vertical Mergers Waves

Jacques OLIVIER (HEC)

Time-varying incentives in the mutual funds industry

Catherine CASAMATTA (Université de Toulouse 1)

 Fund managers’ contracts and short-termism

Jean-Etienne de BETTIGNIES (INSEAD)

Competition and the entrepreneur’s choice between bank financing and venture capital

Lionel MARTELLINI (EDHEC)

How Costly is Regulatory Short-Termism for Defined-Benefit Pension Funds?

Armin SCHWIENBACHER (Université catholique de Louvain)

Debt Capacity of Tangible Assets: What is Collateralizable in the Debt Market?

Diana POP (Université Paris I Sorbonne)

Delisting decisions in frontier emerging markets : Going private transactions in Romania

Serge DAROLLES(CREST et SGAM)

L-performance with an Application to Hedge Funds

William MEGGINSON

Arranger Certification in Project Finance

Christopher HENNESSY

 Acquisition Values and Optimal Financial (In) Flexibility

Ameziane LASFER, Cass Business School

The impact of taxation on dividends: A cross-contry analysis

Mark SEASHOLES (Visiting INSEAD)

Uncertainty About Future Payoffs and the Cross-section of Stock Returns (co-écrit avec P. Fontaine , S. Jimenez-Garcès , V. Covrig)

Kent Womack, Tuck School of Business at Dartmouth

What are analysts really good at ?

David THESMAR (HEC), invité par la chaire "Finance d'entreprise"

From real estate shocks to corporate investments

J.P. DECAMPS(IDEI, Université de Toulouse)

Free cash flow, issuance costs and Stock volatility (Co-écrit avec T. Mariotti, J.C Rochet et S. Villeneuve)

 Gilles HILARY, Hong Kong University of Science

 Accounting Quality and Catastrophic Market Events

 José Miguel GASPAR (ESSEC)

Power Plays : Intra-firm Corporate Connections and Firm Value

Marc WILLINGER (Université de Montpellier)

An experiment on beauty contest games with negative feedback (co-auteur, Angela Sutan).

Stefano LOVO(HEC)

On the Informational Content of the Oder flow: An experiment

 Franck MORAUX, Université du Mans

Business Risk Targeting and Rescheduling of Distressed Debt

 Christina ATANASOVA, University of York

 How do Firms between Intermediary and Supplier Finance ?

Gaëlle LE FOL(CREST-ENSAE et Université d'Evry) 

 Improving VWAP Stategies: A Dynamical Volume Approach

Christine PARLOUR, Berkeley

 Hedging and Competition in a Project Market

Ernst MAUG, Université de Mannheim

 Executive Stock Options when Managers are Loss-Averse

Ateliers de Finance d’entreprise

Denis GROMB, London Business School

The Limits to Arbitrage

David ALARY, Université Paris Dauphine 

Optimal health insurance contract : can moral hazard increase indemnity ?

Sofiane ABOURA, Université Paris Dauphine 

 Implied volatility extremes

Alexander GÜMBEL (Oxford)

Incentives for information production in markets where prices affect real investments (co-écrit avec James Dow, LBS et Itay Goldstein, University of Pennsylvania).

Francesca CORNELLI, London Business School

Ex ante effects of ex post managerial ownership (co-écrit avec David Li, Hong Kong University of Science & Technology)

Gilles HILARY, Hong Kong University of Science

The Influence of Corporate Culture on Economic Behavior: Does Religion Matter in Corporate Decision Making in America ?

Pierre MELLA-BARRAL, HEC

Knowhow, Core Competencies and the Choice between Merging, Allying, and Buying Assets (co-écrit avec M. Habib, Université de Zurich)

 Karine MICHALON, Dauphine

Quelle est l’influence des interruptions de cotation sur la microstructure du marché boursier français ? une analyse intra-quotidienne en termes de rentabilité, de volatilité et de volume.

Eric de BODT, Lille II, et Nihat AKTAS, Louvain

 Hubris, Learning, an M&A Decisions: Empirical Evidence

Frédéric PALOMINO, HEC

 Overconfidence and delegated portfolio management

Ralph WINTER, UBC

 The Capital Structure of Insurers : Theory and Evidence ?

Charles M. JONES, Columbia University

 Which shorts are informed ?

Ateliers de Dauphine – Finance d’Entreprise

Ateliers de Dauphine – Qualité des Marchés Financiers

Bernard DUMAS, INSEAD

What Can Rational Investors Do about Excessive Volatility and Sentiment Fluctuations?

Ameziane LASFER, Cass Business School

Insider Trading and International Cross-Listing

Francesca CORNELLI, London Business School

Annulé

François DERRIEN, University of Toronto

Currying favor to win IPO mandates

Ulf AXELSON, Swedish Institute for Financial Research

The Financial Structure of Private Equity Funds

Albert J. MENKVELD, Vrije Universiteit Amsterdam

Information Asymmetry and Asset Prices: Evidence from the China Foreign Share Discount

Giulia IORI,Kings College, UK

The Microstructure of the Italian Overnight Money Market

Kent Womack, Tuck School of Business at Dartmouth

Analysts, Industries and Price Momentum

Elyès Jouini, Université Paris Dauphine

Heterogeneous beliefs and asset pricing in discrete time: an analysis of pessismism and doubt.

François Degeorge, Université de Lugano, Suisse

Quid Pro Quo in IPOS : Why Bookbuilding is Dominating Auctions

Ernst Maug, Humbold Universität, Berlin

Insider Trading Laws and Acquisition Announcements: A Cross-Country Perspective

Myron B. Slovin, Louisiana State University

An Analysis of Analyst Coverage of Initial Public Offerings

Marie E. Sushka, Arizona Sate University

Dilip Madan, University of Maryland

 Non Gaussian Asset Allocation

Christophe Bisière, Université de Toulouse 1

Imperfect Competition in Financial Markets: Island vs Nasdaq

Roman Inderst, INSEAD

 A Lender-Based Theory of Collateral

Evren Ors, HEC School of Management

Price competition, Advertising, and Product Mix : Evidence from U.S. Thrift Institutions

Michael McKenzie, RMIT (Australie)

An Empirical Investigation of Personal Financial Risk Tolerance

Giovanni Petrella, Univ. Cattolica del Sacre Cuore (Milan)

Bid-Ask Spread and Scalping Risk : Evidence from a Covered Warrant Market

Patrice Poncet, Université Paris 1 et ESSEC

General Equilibrium Real & Nominal Interest Rates

Myron B. Slovin, Louisiana State University

Something Ventured, Something Gained ?

Marie E. Sushka, Arizona Sate University

Meziane Lasfer et Maria Zenonos, Cass Business School, City University, Londres 

The Tax Impact on the ex-dividend Dates : Evidence from European

François Degeorge, Université de Lugano, Suisse

Earnings thresholds and market responses

Dilip Madan, University of Maryland

 Pricing the Risks of Deposit Insurance

Laurence Lescourret, HEC et CREST

Preferencing, internalisation et concurrence entre teneurs de marché

Gilles Chemla,

The Dynamic Trade-Off Theory with Real Investment :An Analytical Approach

Carole Gresse, Université Paris X Nanterre

Crossing Network Trading and the Liquidity of a Dealer Market: Cream-Skimming or Risk Sharing?

Bernard Thion, CEREG, Dauphine

Immobilier et Finance

Van Son Lai, Université de Laval

The Effects of Maturity Choices on Loan Guarantee Portfolios

Laurent Deville, Chargé de recherche au CEREG

Time to Efficiency of the French CAC 40 Index Options Market

Jean-François Casta, Université Paris Dauphine

Recherches en audit : Méthodologies positive et comportementale

Yves Simon et Delphine Lautier, Dauphine

La structure par terme des prix des matières premières

Franklin Edwards, Columbia University

The Regulation of Hedge Funds : Financial Stability and Investor Protection

Pascal Grandin, Université Paris 12

La Finance comportementale

Marie E. Sushka, Arizona State University et Myron B. Slovin, Louisiana State University

Contracting with equity: The gains from selling an asset for buyer equity

Thierry Foucault, HEC

 Does anonymity matter in electronic limit order markets?

Meziane Lasfer, City University Business School, Londres

Why do Corporate Insiders Trade ? The UK Evidence, avec Eva Gonzalez Calvo

José Scheinkman, université de Princeton

Executive Compensation and Short-termist Behavior in Speculative Markets

Patrick Roger, université de Strasbourg 

La prime de risque actions

Jacques Hamon et Kaouther Jouaber, université Paris Dauphine

La régulation des marchés

 Ulrich Hege, HEC

Ownership and control in joint venture : theory and evidence (avec Robert Hauswald, Université de Maryland)