Seminar Series in Finance

Seminar Series in Finance

The Department of Finance hosts a weekly seminar series with leading international scholars.

In the finance department’s weekly research seminar, internationally recognized scholars present their research.

The seminars are open to any interested faculty, students or the general public. 

  • Finance seminars spring 2025

    Finance seminars spring 2025

    15 January, 14:15 - 15:30
    Morten Grindaker, University of Chicago
    Title: TBA
    Location: TBD

    12 March, 14:15 - 15:30
    Andreas Schrimpf, Bank for International Settlements
    Title: TBA
    Location: TBD

    19 March, 14:15 - 15:30
    Alexandre Kohlhas, University of Oxford
    Title: TBA
    Location: TBD

    27 March, 14:15 - 15:30
    Can Gao, University of St. Gallen
    Title: TBA
    Location: TBD

    10 April, 14:15 - 15:30
    Vania Stavrakeva, London Business School
    Title: TBA
    Location: TBD

    28 April, 14:15 - 15:30
    Michael Ungeheuer, Aalto University
    Title: TBA
    Location: TBD

    28 May, 14:15 - 15:30
    Joel Shapiro, University of Oxford
    Title: TBA
    Location: TBD

  • Finance seminar autumn 2024

    Finance seminar autumn 2024

    04 September, 14:15 - 15:30 
    Tim Eisert, Nova School of Business and Economics
    Title: How do supply shocks to inflation generalize? Evidence from the pandemic era in Europe
    Location: Auditorium C

    16 September, 14:15 - 15:30 
    Michaela Pagel, Washington University Olin Business School
    Title: Cookies and Shopping
    Location: Auditorium Karl Borch

    02 October, 14:15 - 15:30 
    Sascha Steffen, Frankfurt School of Financen & Management
    Title: Fragile Financing? How Corporate Reliance on Shadow Banking Affects Bank Provision of Liquidity
    Location: Auditorium Q

    16 October, 14:15 - 15:30 
    Aleksandar Andonov, Amsterdam University
    Title: The Shifting Finance of Electricity Generation
    Location: Auditorium Karl Borch

    13 November, 14:15 - 15:30 
    Josh Lerner, Harvard Business School
    Title: Learning by Investing: Entrepreneurial Spillovers from Venture Capital
    Location: Auditorium B

    18 November, 14:15 - 15:30
    Itzhak Ben-David, Ohio State University
    Title: Modeling Managers As EPS Maximizers
    Location: Auditorium B

    25 November, 14:15 - 15:30 
    Sylvain Catherine, Wharton University
    Title: How Do Income-Driven Repayment Plans Benefit Student Debt Borrowers?
    Location: Auditorium B

    04 December, 14:15 - 15:30 
    Tim Jenkinson, Saïd Business School University of Oxford
    Title: Size, returns, and value added: Do private equity firms allocate capital according to manager skill?
    Location: Auditorium B

  • Finance seminars spring 2024

    Finance seminars spring 2024

    21 February, 14:15 - 15:30
    Marcin Kacperczyk, Imperial College London
    Title: Carbon Home Bias
    Location: Auditorium Karl Borch

    08 March, 14:15 - 15:30
    Christine A. Parlour, Berkeley Haas
    Title: Fragmentation and optimal liquidity supply on decentralized exchanges
    Location: Auditorium Karl Borch

    13 March, 14:15 - 15:30
    Ansgar Walther, Imperial College London
    Title: Algorithm Aversion: Theory and Evidence from Robo-Advice
    Location: Auditorium Karl Borch

    10 April, 14:15 - 15:30
    Ludovic Phalippou, University of Oxford
    Title: Ownership Change and employee Satisfaction
    Location: Auditorium Karl Borch

    24 April, 14:15 - 15:30
    Ryan Riordan, Queens University
    Title: Option Auctions
    Location: Auditorium Karl Borch

    15 May, 14:15 - 15:30
    Ran Duchin, Boston College
    Title: Interlocked Monitors: How Do Independent Directors Evaluate CEOs?
    Location: Auditorium Karl Borch

    21 May, 14:15 - 15:30
    Alexis Toda, University of San Diego
    Title: Robust Asset-Liability Management
    Location: Auditorium M

    29 May, 14:15 - 15:30
    Fabrice Tourre, Baruch College, City University of New York
    Title: The Art of Timing: Managing Sudden Stop Risk in Corporate Credit Markets
    Location: Auditorium M

  • Finance seminars autumn 2023

    Finance seminars autumn 2023

    06 September, 14:15 - 15:30
    Sebastian Pfeil, Erasmus University Rotterdam
    Title: The Importance of Being Slow - The Costs and Benefits of Phasing-In Regulatory Reforms 
    Location: Auditorium Karl Borch 

    21 September, 14:15 - 15:30
    Diego Garcia, University of Colorado Boulder
    Title: News Consumption in the Wild
    Location: Auditorium L 

    04 October, 14:15 - 15:30
    Vesa Pursiainen, University of St. Gallen
    Title: Geographic Proximity in Short Selling
    Location: Auditorium Karl Borch 

    18 October, 14:15 - 15:30
    Christian Wagner, Vienna VGSF
    Title: Deciphering Monetary Policy Shocks
    Location: Auditorium Karl Borch 

    25 October, 14:15 - 15:30
    Vasso Ioannidou, Bayes Business School
    Title: (In)dependent Central Banks
    Location: Auditorium Karl Borch 

    17 November, 14:15 - 15:30
    Elena Loutskina, University of Virginia
    Title: Labor Market Polarization and Student Debt
    Location: Auditorium M 

  • Finance seminars spring 2023

    Finance seminars spring 2023

    08 March, 14:15 - 15:30
    Amiyatosh Purnanandam, Michigan Ross University
    Title: United They Fall: Bank Risk After the Financial Crisis
    Location: Auditorium M 

    26 April, 14:15 - 15:30
    Andrei Gonçalves, Ohio State University
    Title:  The Subjective Risk and Risk Premia of Institutional Investors
    Location: Auditorium M 

    28 April, 12:15 - 13:30
    Winston Dou, Wharton, University of Pennsylvania 
    Title: Competition Network: Distress Spillovers and Predictable Industry Returns 
    Location: Auditorium M 

    10 May, 14:15 - 15:30
    Andreas Park, University of Toronto Mississauga
    Title: Learning from DeFi: Would Automated Market Makers Improve Equity Trading? 
    Location: Auditorium M 

    31 May, 14:15 - 15:30
    Paul Whelan, Copenhagen Business School
    Title: Subjective Risk Premia in Bond and FX Markets
    Location: Auditorium M 

    14 June, 14:15 - 15:30
    Vikas Agarwal, Georgia State University
    Title: Anticipatory Trading Against Distressed Mega Hedge Funds
    Location: Auditorium M 

    JOB MARKET TALKS 2023

    10.01, 10:45 - 12:00
    Teng Huang, Luiss University, Rome
    Bank Monopsony Power and Deposit Demand

    12.01, 10:45 - 12:00
    Samuel Piotrowski, University of Connecticut
    Paid Family Leave Laws and Firm Resource Allocation

    13.01, 10:45 - 12:00
    Antoine Uettwiller, Imperial College London
    Retail Investor Heterogeneity: Evidence fromWallStreetBets

    17.01, 10:45 - 12:00
    Valentin Schubert, Stockholm School of Economics
    Is Flood Risk Priced in Bank Returns?

    18.01, 10:45 - 12:00
    Dmitrii Pugachev, INSEAD Fontainebleau
    How Do Hedge Funds Affect Stock Market Quality? Evidence from Hedge Fund Terminations

    23.01, 10:45 - 12:00
    Felix Wilke, Stockholm School of Economics
    Mutual Fund Analysts as Information Intermediaries

    24.01, 10:45 - 12:00
    Andrey Kurbatov, INSEAD Fontainebleau
    Determinants of market reaction to defensive and NOL poison pill adoption

    03.02, 10:45 - 12:00
    Thomas Grünthaler, Westfälische Wilhelms-Universität Münster
    Risk Premia and Option Intermediation

    07.02, 10:45 - 12:00
    Denis Mokanov, UCLA Anderson School of Management
    Deviations from Rational Expectations and
    the Uncovered Interest Rate Parity Puzzle

    08.02, 10:45 - 12:00
    Weiting Hu, Washington University, St. Louis
    Broker or Dealer?

    14.02, 10:45 - 12:00
    Chuck Fang, Wharton School, University of Pennsylvania
    Monetary Policy Amplification through Bond Fund Flows

    15.02, 10:45 - 12:00
    Celine Fei, Kenan-Flagler Business School
    What Drives Racial Minorities to Use Fintech Lending? Evidence from a Structural Estimation

  • Finance seminars autumn 2022

    Finance seminars autumn 2022

    19 August, 12:15 - 13:30
    Rodney Ramcharan, USC Marshall School of Business
    (Joint seminar with the department of economics)
    Title: Credit and Productivity Shocks: Long-Run Evidence from the 1950s Drought
    Location: E209/E210

    07 September, 14:15 - 15:30
    Ravi Bansal, Duke University, The Fuqua School of Business
    Title: Identifying Preference for Early Resolution from Asset Prices 
    Location: Auditorium M 

    21 September, 14:15 - 15:30
    Vladimir Vladimirov, University of Amsterdam
    Title: How Financial Markets Create Superstars
    Location: Auditorium M 

    05 October, 14:15 - 15:30
    Torsten Jochem, University of Amsterdam
    Title: Why Have CEO Pay Levels Become Less Diverse?
    Location: Auditorium M 

    19 October, 14:15 - 15:30
    Andrey Golubov, Rotman School of Management, University of Toronto
    Title: Valuation uncertainty
    Location: Auditorium M 

    26 October, 14:15 - 15:30
    Clifton Green, Goizueta Business School, Emory University
    Title: Retail Option Traders and the Implied Volatility Surface
    Location: Auditorium M 

    09 November, 14:15 - 15:30
    Melissa Prado, Nova School of Business and Economics
    Title: The Real Effects of FinTech Lending on SMEs: Evidence from Loan Applications
    Location: Auditorium M 

    23 November, 14:15 - 15:30
    Roberto Gomez Cram, London Business School
    Title: The Value of Software
    Location: Auditorium P 

  • Finance seminars spring 2022

    Finance seminars spring 2022

    16 March, 14:15 - 15:30
    Henri Servaes, London Business School 
    Title: Sexism, Culture, and Firm Value: Evidence from the Harvey Weinstein Scandal and the #MeToo Movement
    Location: Auditorium C 

    01 April, 13:00 - 14:00
    Philippe Aghion, Harvard University
    Title: The Effect of Automation on Employment: Firm Level Evidence from France
    Location: Zoom

    20 April, 14:15 - 15:30
    Jonathan Brogaard, University of Utah’s David Eccles School of Business
    Title: Does Floor Trading Matter?
    Location: Auditorium C 

    10 May, 14:15 - 15:30
    Ran Duchin, Carroll School of Management, Boston College
    Title: Remotely Productive: The Efficacy of Remote Work for Executives
    Location: Zoom

    18 May, 14:15 - 15:30
    Lars Lochstoer, UCLA Anderson School of Management
    Title: The real channel for nominal bond-stock puzzles
    Location: Auditorium M 

    25 May, 14:15 - 15:30
    Per Strômberg, Stockholm School of Economics
    Title: Carbon Pricing and Firm-Level CO2 Abatement: Evidence from a Quarter of a Century-Long Panel
    Location: Auditorium M 

    15 June, 14:15 - 15:30
    Michael Halling, University of Luxembourg
    Title: Primary Corporate Bond Markets and Social Responsibility
    Location: Auditorium M 

    JOB MARKET TALKS 2022

    14.01, 14:00 - 15:15
    Shiqi Chen, Cambridge Judge Business School
    Time-varying Value of Information Acquisition:
    Learning and Financial Decisions

    17.01, 10:45 - 12:00
    Maximilian Jager, University of Mannheim
    Clear(ed) decision: The effect of central clearing on firms' financing decision

    21.01, 10:30 - 11:45
    Quentin Moreau, Paris Dauphine University, France
    The informational effects of corporate sustainability initiatives

    28.01, 10:30 - 11:45
    Christian Kubitza, University of Bonn
    Investor-Driven Corporate Finance: Evidence from Insurance Markets

    31.01, 10:30 - 11:45
    Emirhan Ilhan, Frankfurt School of Finance & Management 
    Sea Level Rise and Portfolio Choice

    04.02, 10:30 - 11:45
    Katarina Warg, Stockholm School of Economics
    The Acquisition Option and Startup Innovations

    07.02, 10:30 - 11:45
    Riccardo Cioffi, Princeton University
    Heterogeneous Risk Exposure and the Dynamics of Wealth Inequality

    09.20, 14:30 - 15:45
    Altan Pazarbasi, Frankfurt School of Finance & Management 
    Cash Heterogeneity and the Payout Channel of Monetary Policy 

    10.02, 14:00 - 15:15
    Elizaveta Sizova, Katholieke Universiteit Leuven
    Banks’ Next Top Model

  • Finance seminars autumn 2021

    Finance seminars autumn 2021

    22 September, 10:45 - 12:00
    Olivier Dessaint, INSEAD
    Title: Does Alternative Data Improve Financial Forecasting? The Horizon Effect
    Location: Auditorium M

    27 October, 12:00 - 13:00
    Lauren Cohen, Harvard Business School
    Title: The ESG-Innovation Disconnect: Evidence from Green Patenting

    10 November, 14:15 - 15:30
    Denis Gromb, HEC Paris
    Title: Collateral reallocation 
    Location: Karl Borch 

    24 November, 14:15 - 15:30
    Thierry Foucault, HEC Paris
    Title: Equilibrium Data Mining and Data Abundance
    Location: Karl Borch 

    01 December, 14:15 - 15:30
    Norman Schürhoff, University of Lausanne, Swiss Finance Institute
    Title: All-to-All Liquidity in Corporate Bonds

  • Finance seminars spring 2021

    Finance seminars spring 2021

    10 February, 15:30 - 16:45
    Asaf Manela, Washington University
    Title: Does Finance Benefit Society? A Language Embedding Approach

    19 February, 15:00 - 16:00
    Josh Lerner, Harvard Business School
    Title: Public Entrepreneurial Finance around the Globe

    17 March, 14:15 - 15:30
    Lakshmi Naaraayanan, London Business School
    Title: The Real Effects of Environmental Activist Investing

    24 March, 14:15 - 15:30
    Jillian Grennan, Duke University
    Title: Artificial Intelligence and High-Skilled Work: Evidence from Analysts

    07 April, 14:15 - 15:30
    Zhiguo He, University of Chicago
    Title: Open Banking: Credit Market Competition When Borrowers Own the Data

    14 April, 16:00 - 17:15
    Anastassia Fedyk, Haas School of Business at UC Berkeley 
    Title: Lehman's Lemons: Do Career Disruptions Matter for the Top 5%?

    28 April, 14:15 - 15:30
    Manju Puri, Duke University
    Title: Indirect Costs of Government Aid and Intermediary Supply Effects: Lessons From the Paycheck Protection Program

    05 May, 14:15 - 15:30
    Ingrid Werner, Ohio State University
    Title: Reusing Natural Experiments

    12 May, 14:15 - 15:30
    Dirk Jenter, London School of Economics
    Title: CEO Compensation: Evidence From the Field

    02 June, 14:15 - 15:30
    Ran Duchin, Boston College
    Title: Does Size Matter? The Real Effects of Subsidizing Small Firms

  • Finance seminars autumn 2020

    Finance seminars autumn 2020

    27 August, 16:00 - 17:00
    Terrance Odean, University of California at Berkeley
    Title: Leveraging Overconfidence
    Location: ZOOM

    04 September, 10:45 - 12:00
    Kasper Meisner Nielsen, Copenhagen Business School
    Title: Do gender quotas change attitudes towards female directors?
    Location: ZOOM

    17 September, 15:00 - 16:15
    Sabrina Howell, NYU Stern School of Business & NBER
    Title: Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes
    Location: ZOOM

    25 September, 10:45 - 12:00
    Amil Dasgupta, London School of Economics
    Title: Bond Funds and Credit Risk
    Location: ZOOM

    15 October, 15:00 - 16:15
    Tony Cookson, Leeds School of Business, University of Colorado
    Title: Echo Chambers
    Location: ZOOM

    05 November, 15:00 - 16:15
    Yael Hochberg, Rice University
    Title: The virtuous cycle of innovation and capital flows
    Location: ZOOM

    13 November, 10:45 - 12:00
    Peter Feldhütter, Copenhagen Business School
    Title: Debt dynamics and credit risk
    Location: ZOOM

    19 November, 15:00 - 16:15
    Hyunseob Kim, Cornell University
    Title: Executive Mobility in the United States, 1920 to 2011
    Location: ZOOM

    04 December, 10:45 - 12:00
    Marcus Opp, Stockholm School of Economics
    Title: Green capital requirements
    Location: ZOOM

    Bond Funds and Credit Risk

  • Finance seminars spring 2020

    Finance seminars spring 2020

    12 June, 10:45 - 12:00
    Matthew T. Gustafson, Pennsylvania State University
    Title TBA
    Seminar Room 231, Merino 2nd floor
    CANCELLED

    5 June, 10:45 - 12:00
    Vikas Agarwal, Georgia State University
    Title TBA
    Seminar Room 231, Merino 2nd floor
    CANCELLED

    29 May, 10:00 - 11:00
    Ron Masulis, University of New South Wales
    Unemployment Insurance and Takeovers
    ZOOM

    15 May, 10:45 - 12:00
    Ravi Bansal, Duke University
    Title TBA
    Seminar Room 231, Merino 2nd floor
    CANCELLED

    8 May, 10:45 - 12:00
    Ran Dunchin, University of Washington
    Title TBA
    Seminar Room 231, Merino 2nd floor
    CANCELLED

    17 April, 10:45 - 12:00
    Mathijs van Dijk, Erasmus University 
    Title TBA
    Seminar Room 231, Merino 2nd floor 
    CANCELLED

    06 March, 10:45 - 12:00
    Professor Yongqiang Chu, Belk College of Business-University of North Carolina at Charlotte
    Hedge Fund Activism and Discrimination
    Seminar Room 231, Merino 2nd floor
    CANCELLED

    21 February, 10:45 - 12:00
    Professor Finn Kydland, University of California, Santa Barbara
    The Costs and Benefits of Caring: Aggregate Burdens of an Aging Population
    Seminar Room MØ 233, Merino 2nd floor

    8 January, 10:45 - 12:00 
    Professor Bernt Arne Ødegaard, University of Stavanger
    Inside trading and gender
    Seminar Room 231, Merino 2nd floor

    JOB MARKET TALKS 2020

    12.02, 14:00 - 15:15
    Ahmet Degerli, Duke University, Fuqua School of Business – Durham, NC 
    Monetary Policy Exposure of Banks and Loan Contracting

    10.02, 10:15 - 11:30
    Carola Müller, Otto-von-Guericke University Magdeburg
    Basel III capital requirements and heterogeneous banks

    04.02, 10:15 - 11:30
    Julia Reynolds, University of Vienna
    Hedge Fund Redemption Restrictions and Stock Price Fragilit

    30.01, 10:15 - 11:30
    Pekka Honkaren, HEC Paris
    Securities Lending and Trading by Active and Passive Funds

    29.01, 10:15 - 11:30
    Yingjie Qi, Stockholm School of Economics
    Big Broad Banks: How Does Cross-Selling A_ect Lending?

    27.01, 10:15 - 11:30
    Ingomar Krohn, University of Warwick 
    Time-Varying Global Dollar Risk in Currency Markets

    24.01, 10:15 - 11:30
    Roberto Ricco, Bocconi University, Milan
    Squeezing the Shorts in Small Cap Stocks

    22.01, 10:15 - 11:30
    Dyaran S. Bansraj, Erasmus University Rotterdam 
    How Does Private Equity Owneships Affect Acquisition Performance?

    21.01, 10:15 - 11:30
    Diogo Mendes, Universidade Nova de Lisboa
    Financial Constraints and Product Market Decisions: the Role of Production Cycles

    17.01, 10:15 - 11:30
    Stefan Voigt, Vienna University of Economics and Business
    Arbitrage, Liquidity and Price Informativeness

  • Finance seminars autumn 2019

    Finance seminars autumn 2019

     

    20.08. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Professor Annette Vissing-Jorgensen

    Haas School of Business,University of California, Berkeley

    The Impact of Pensions and Insurance on Global Yield Curves

    20.09. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Associate Professor Han Xia

    University of Texas at Dallas

    Grit and Credit Risk

    27.09. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Professor Marcin Kacperczyk

    Imperial College London

    Do Investors Care About Carbon Risk?

    11.10. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Professor B. Espen Eckbo

    Tuck School of Business at Dartmouth

    Rent extraction by super-priority lenders

    18.10. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Assistant Professor Christian Opp

    Wharton School of Business, University of Pennsylvania

    08.11. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Professor David C. Smith

    University of Virginia, McIntire School of Commerce

    Losing Control: The 20-Year Decline in Loan Covenant Restrictions

    22.11. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Assistant Professor Baolian Wang

    University of Florida, Warrington
    College of Business

    29.11. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Associate Professor Giorgia Piacentino

    Columbia Business School

    06.12. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Associate Professor Lars Løchstøer

    UCLA, Anderson School of Management

    09.12. 10:45 - 1200

    Seminar Room 231, Merino 2nd floor

    Assistant Professor Mathias Kronlund

    University of Illinois at Urbana-Champaign

  • Finance seminars spring 2019

    Finance seminars spring 2019

    08.03. 10:45 - 12:00

    Aud. Finn Kydland

    Professor David Musto, The Wharton School, The University of Pennsylvania

    The Effect of NAV Flotation on the Management of Prime Money Fund Portfolios

    15.03. 10:45 - 12:00

    Aud. Karl Borch

    Professor Michael Brennan, UCLA Anderson School of Management

    Expected Returns and Risk in the Stock Market

    15.03. 10:45 - 12:00

    Aud. Karl Borch

    Associate Professor Ramin Baghai, Stockholm School of Economics

    The Impact of Going Public on the Firm’s Human Capital

    12.04. 10:45 - 12:00

    Aud. Karl Borch

    Professor Wenyu Wang, Indiana University, Kelley School of Business

    Dissecting Bankruptcy Frictions

    26.04. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Professor Mike Burkart, London School of Economics

    Equity Issuance Methods and Dilution

    10.05. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Associate Professor David McLean, Georgetown University

    Retail Investors and the Cross-Section of Stock Returns

    22.05. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Assistant Professor Diane Pierret, University of Lausanne

    Similar Investors

    11.06. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Associate Professor Rick Colacito, University of North Carolina 

    Volatility Risk Pass-Through

    14.06. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Associate Professor Michael Webe, Chicago Booth, University of Chicago

    Crowdsourcing Financial Information to Change Spending Behavior

    19.06. 10:45 - 12:00

    Seminar Room 231, Merino 2nd floor

    Assistant Professor David R. Skeie, Mays Business School, Texas A&M University

    Digital Currency Runs

  • Finance seminars autumn 2018

    Finance seminars autumn 2018

    04.09, 10:45 - 12:00     
    AUD. KARL BORCH                                                        

    Finn Erling Kydland, University of California, Santa Barbara

    Innovation, Capital Formation, and Economic Policy

    14.09, 10:45 - 12:00      
    AUD. KARL BORCH                                  

    Gregory Nini, Drexel University

    Congruence in Governance: Evidence from Creditor Monitoring of Corporate Acquisitions

    21.09, 10:45 - 12:00
    AUD. KARL BORCH

    Ron Masulis, UNSW Business School

    Monitoring the Monitor: Distracted Institutional Investors and Board Governance

    28.09, 10:45 - 12:00
    AUD. KARL BORCH

    David Mauer, The University of North Carolina at Charlotte

    Industry Tournament Incentives and Debt Contracting

    05.10, 10:45 - 12:00
    AUD. KARL BORCH

    Katharina Lewellen, Tuck School of Business

    Institutional investors and corporate governance: The incentive to be engaged

    02.11, 10:45 - 12:00Aud.B

    Katrin Tinn, London Imperial College

    Smart contracts and external financing

    09.11, 10:45 - 12:00
    AUD. B

    Alexander Ljungqvist, Stockholm  School of Economics

    Value creation in private equity

       
     

     

  • Finance seminars spring 2018

    Finance seminars spring 2018

    09.03, 10:45 - 12:00     
    AUD. KARL BORCH                                                        

    Richard Townsend, University of California San Diego

    Are Early Stage Investors Biased Against Women?

    16.03, 12:15 - 13:30       
    AUD. TERJE HANSEN                                   

    Nadya Malenko, Boston College, Carroll School of Management

    Deadlock on the Board

    06.04, 10:45 - 12:00
    AUD. TERJE HANSEN

    Romeo Tedongap, ESSEC Business School

    Variance Premium, Downside Risk, and Expected Stock Returns

    13.04, 10:45 - 12:00
    AUD. KARL BORCH

    Konstantin Milbradt, Kellogg School of Management Northwestern University

    A Theory of the Mortgage Rate Pass-Through

    27.04, 10:45 - 12:00
    AUD. TERJE HANSEN

    Martin Schmalz, University of Michigan, Ross School of Business

    (Why) Do Central Banks Care about Their Profits?

    04.05, 10:45 - 12:00
    AUD. C

    Jonathan Brogaard, Foster School of Business, University of Washington

    The Economic Impact of Index Investing

    07.05, 10:45 - 12:00
    AUD. KARL BORCH

    David Hirshleifer, Paul Merage School of Business, University of California Irvine

    Visibility Bias in the Transmission of Consumption Norms and Undersaving

    16.05, 10:45 - 12:00
    AUD. KARL BORCH

    Hendrik Bessembinder, Carey School of Business, Arizona State University

    Liquidity Provision Contracts and Market Quality: Evidence from the New York Stock Exchange

    25.05, 10:45 - 12:00
    AUD. KARL BORCH

    Youchang Wu, University of Oregon, Lundquist College of Business

    Mutual Funds Apart from the Crowd

    01.06, 10:45 - 12:00
    AUD. KARL BORCH

    Patrick Verwijmeren, Erasmus School of Economics

    Is Gender in the Eye of the Beholder? Identifying Cultural Attitudes with Art Auction Prices

    13.06, 10:45 - 12:00
    AUD. KARL BORCH

     Giorgo Sertsios, Universidad de los Andes

    Going Public in Business Groups

    27.06, 10:45 - 12:00
    AUD. A

    Phillip Stocken, Tuck School of Business, Dartmouth College

    A Model of Voluntary Managerial Disclosure

    JOB MARKET TALKS 2018
    11.01, 10:45 - 12.00       
    AUD. FINN KYDLAND                                     

    Johann Reindl, BI

    Market Implied Costs of Bankruptcy

    12.01, 10:45 - 12:00
    AUD. KARL BORCH

    Markus Ibert, Stockholm School of Economics

    What Do Mutual Fund Managers’ Private Portfolios Tell Us About Their Skills?

    15.01, 10:45 - 12:00
    AUD. KARL BORCH

    Andreas Rapp, Tilburg University

    Middlement Matter: Corporate Bond Market Liquidity and Dealer Inventory Funding

    16.01, 14:00 - 15:15
    AUD. FINN KYDLAND

    José Albuquerque de Sousa, Rotterdam School of Management Erasmus University

    Do index funds’ family ties benefit the firms they own?

    17.01, 14:00 - 15:15
    AUD. KARL BORCH

    Maximilian Rohrer, BI

    Challenging management in public

    19.01, 14:00 - 15:15
    AUD. KARL BORCH

    Emanuele Rizzo, Tilburg University

    Afraid to Take a Chance? The Threat of Lawsuits and its Impact on Shareholder Wealth

    25.01, 14:00 - 15:15
    AUD. KARL BORCH

     Ron Liu, Rice University

    Asset Pricing Anomalies and the Low-risk Puzzle

    26.01, 14:00 - 15:15
    AUD. KARL BORCH

    Alessio Ruzza, USI and Swiss Finance Institute

    Agency Issues in Corporate Bond Trading

    8.02, 12:15 - 14:00
    AUD. KARL BORCH

    Kasper Jørgensen, Aarhus University

    How Learnings from Macroeconomic Experiences Shapes the Yield Curve

  • Finance seminars autumn 2017

    Finance seminars autumn 2017

    08.09, 10:45 - 12:00     
    AUD. KARL BORCH                                      

    Ran Duchin, Foster School of Business, University of Washington

    “Dissecting Conglomerates”

    15.09, 10:45 - 12.00       
    AUD. KARL BORCH                                     

    Gerard Hoberg, Marshall School of Business USC

    "Product Life Cycles in Corporate Finance"

    29.09, 10:45 - 12:00
    AUD. KARL BORCH

    Ravi Jagannathan, Northwestern University's Kellogg School of Management

    "Dividend Dynamics, Learning, and Expected Stock Index Returns"

    09.10, 10:45 - 12:00
    AUD. KARL BORCH

     Paul Schneider, USI and Swiss Finance Institute

    "An Anatomy of the Market Return"

    13.10, 10:45 - 12:00
    AUD. KARL BORCH

    Ryan Peters, Tulane University

    "Volatility and Venture Capital"

    20.10, 10:45 - 12:00
    AUD. KARL BORCH

    Angelo Ranaldo, University of St.Gallen

    "OTC Premia"

    27.10, 10:45 - 12:00
    AUD. KARL BORCH

    Marius Zoican, University Paris Dauphine

    "Smart Settlement"

    3.11, 10:45 - 12:00
    AUD. KARL BORCH

    Tim Jenkinson, Said Business School, Oxford University

    “Best buys and own brands: investment platforms’ recommendations of mutual funds”

  • Finance seminars spring 2017

    Finance seminars spring 2017

    12.01, 10:45 - 12:00     
    AUD. FINN KYDLAND                                      

    Suresh Sundaresan, Columbia Business School

    "An Explanation of Negative Swap Spreads: Demand for Duration from Underfunded Pension Plans"

    10.03, 10:45 - 12:00
    AUD. KARL BORCH

     Thierry Foucault, HEC Paris

    Corporate Strategy, Conformism, and the Stock Market

    17.03, 10:45 - 12:00
    AUD. KARL BORCH

     Bart Lambrecht, Cambridge Judge Business School

    The Dynamics of Investment, Payout and Debt

    28.04, 10:45 - 12:00 
    AUD. FINN KYDLAND                                                                

     Henri Servaes, London Business School

    A Matter of Trust? The Bond Market Benefits of Corporate Social Capital During the Financial Crisis

    19.05, 10:45 - 12:00
    AUD. KARL BORCH

     Denis Gromb, HEC Paris

    The Paradox of Pledgeability

    2.06, 14:00 - 15:15 
    AUD. KARL BORCH

    Albert Menkveld, VU University Amsterdam

    A Network Map of Information Percolation

    JOB MARKET TALKS 2017
    13.01, 10:45 - 12.00       
    AUD. FINN KYDLAND                                     

    Wenqian Huang, Tinbergen Institute/VU Amsterdam

    Central Counterparty Capitalization and Misaligned Incentives

    17.01, 10:45 - 12:00
    AUD. KARL BORCH

    Nina Karnaukh, University of St. Gallen

    The Dollar Ahead of FOMC Target Rate Changes

    19.01, 10:45 - 12:00
    AUD. KARL BORCH

     Marc Gabarro Bonet, Erasmus University

    Does a Larger Menu Increase Appetite? Collateral Eligibility and Bank Risk-Taking

    23.01, 14:00 - 15:15
    AUD. FINN KYDLAND

     Jean-David Sigaux, HEC Paris

    Trading Ahead of Treasury Auctions

    25.01, 14:00 - 15:15
    AUD. KARL BORCH

    Nataliya Gerasimova, University of Lausanne

    House of Funds

    30.01, 14:00 - 15:15
    AUD. KARL BORCH

    Vahid Saadi, Goethe University Frankfurt

    Mortgage Supply and the US Housing Boom: The Role of the Community Reinvestment Act

    8.02, 14:00 - 15:15
    AUD. KARL BORCH

     Kyeong Hun (Kyle) Lee, Tulane University

    Human capital relatedness and M&A

    13.02, 14:00 - 15:15
    AUD. KARL BORCH

     Valeri Sokolovski, Stockholm School of Economics

    Crowds, Crashes, and the Carry Trade

  • Finance seminars autumn 2016

    Finance seminars autumn 2016

    28.08, 10:45 - 12:00       
    AUD. TERJE HANSEN                                     

    Murillo Campello, Cornell University

    "Bankruptcy and the Cost of Organized Labor: Evidence from the Union Elections"

    02.09, 10:45 - 12:00       
    LAB 1                                     

    Darius Palia, Rutgers Business School

    "Product Market Competition and CEO Pay Benchmarking"

    23.09, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Bohui Zhang, University of New South Wales

    "Googling Investor Sentiment around the World"

    26.09, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Samuli Knuepfer, BI Norwegian Business School

    "Equal Opportunity? Gender Gaps in CEO Appointments and Executive Pay"

    07.10, 12:15 - 13:30       
    AUD. TERJE HANSEN                                     

    Andrew LoMIT Sloan School of Management

    "The Adaptive Markets Hypothesis: Reconciling Behavior and Rationality via Evolution and Biology"

    14.10, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Christian Wagner, Copenhagen Business School

    What is the expected Return on a Stock?

    17.10, 10:45 - 12:00       
    AUD. FINN KYDLAND                                     

    Oguzhan Karakas, Boston College

    Earnings and the Value of Voting Rights

    21.10, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Burton Hollifield, Carnegie Mellon University

    Preventing Controversial Catastrophes

    28.10, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Adrien Matray, Princeton University

    Can Innovation Help U.S. Manufacturing Firms Escape Import Competition from China?

    4.11, 10:45 - 12:00       
    AUD. KARL BORCH                                    

    Florian Peters, University of Amsterdam

    Optimism Propagation

    25.11, 10:45 - 12:00       
    AUD. KARL BORCH                                     

    Renee Adams, University of New South Wales

    Women in Finance

  • Finance seminars spring 2016

    Finance seminars spring 2016

    18.01, 12:15-13:45  
    AUD. KARL BORCH
    Sturla Lyngnes Fesme, The University of Melbourne "The vicar, the widow, or the gentleman: who gets allocated IPO shares?"
    19.01, 10:15-11:45
    AUD. KARL BORCH                                                                               
    Konstantinos E. Zachariadis, London School of Economics "Multi-Asset Noisy Rational Expectations Equilibrium with Contingent Claims"
    25.01, 12:15-13:45  
    AUD. 24                
    Ricardo Lopez Aliouckin, Stockholm School of Economics "Option-implied idiosyncratic and systematic risk in the cross-section of expected stock returns"
    27.01, 12:15-13:45  
    AUD. TERJE HANSEN              
    Marlene Haas, Vienna Graduate School of Business "Equity Short Sales and Options: Complements or Substitutes?"
    28.01, 10:15-11:45  
    AUD. JAN MOSSIN
    Xintong Zhan, Chinese University of Hong Kong "Peer Effects of Corporate Social Responsibility"
    29.01, 12:15-13:45  
    AUD. KARL BORCH
    Darya Yuferova, Rotterdam School of Management "Intraday Return Predictability, Informed Limit Orders, and Algorithmic Trading"
    10.02, 12:15-13:45 
    AUD. KARL BORCH
    Deniz Okat, Aalto University "Too Big To Rush"
    16.02, 12:15-13:45  
    AUD. KARL BORCH
    Sahil Raina, University of Michigan "VC financing and the entrepreneurship gender gap"
    18.03, 12:45-14:00 
    AUD. KARL BORCH
    Christian Heyerdahl-Larsen, London Business School "Asset Prices and Portfolio Choice with Learning from Experience"
    15.04, 12:45-14:00 
    AUD. KARL BORCH
    Patrick Verwijmeren, Erasmus University "The Buyers' Perspective on Security Design: Hedge Funds and Convertible Bond Call Provisions"
    29.04, 12:45-14:00 
    AUD. FINN KYDLAND                        
    Daniel Metzger, Stockholm School of Economics "Since you are so rich, you must be really smart: Talent and the Finance Wage Premium"
    20.05, 14:15-15:30 
    AUD. FINN KYDLAND
    Henrik Cronqvist, University of Miami "In the Red: The effects of Color on Investment Behavior"
    27.05, 10:45-12:00 
    AUD. KARL BORCH
    Micah S Officer, Loyola Marymount University "The effect of cultural similarity on mergers and acquisitions"
    03.06, 10:45-12:00 
    AUD. KARL BORCH
    Ing-Haw Cheng, Tuck School of Business at Dartmouth College "Do Managers do Good with Other People's Money?"
  • Finance seminars autumn 2015

    Finance seminars autumn 2015

    28.08, 10.45-12.00
    AUD. KARL BORCH

    Ron Masulis, UNSW
    "Independent Director Reputation Incentives: CEO Compensation Contracts and Financial Accounting Reliability"

    02.09, 12.15-13.30
    AUD. KARL BORCH                                                                

    Lasse Heje Pederson, Copenhagen Business School
    "Quality Minus Junk"

    04.09, 12.45-14.00
    AUD. KARL BORCH

    Alexander Ljungqvist, NYU
    "State Capitalism vs. Private Enterprise"

    02.10, 12.45-14.00
    AUD KARL BORCH

    Doron Levis, Wharton
    "Corporate Control Activism"

    16.10, 12.45-14.00
    AUD. KARL BORCH

    Han Xia, University of Texas at Dallas
    "Buying on certification: Governmant procurement and credit ratings"

    23.10, 12.45-14.00
    AUD.. KARL BORCH

    Johan Walden, Berkeley
    "Securitization Networks and Endogenous Financial Norms in US Mortgage Markets" 

    27.11, 12.45-14.00
    AUD. KARL BORCH

    David Lando, CBS
    "Safe-Haven CDS-Premia"

    14.12, 10.45-11.45
    AUD. KARL BORCH

    Berk Sensoy, Ohio State University
    "The Liquidity Cost of Private Equity Investments: Evidence from Secondary Market Transactions"

    14.12, 12.45-13.45
    AUD. KARL BORCH

    David Robinson, Duke University
    "By any other name? The role of VC in the going picks process in China"

  • Finance seminars spring 2015

    Finance seminars spring 2015

    14.01, 10:15-11:45 
    AUD. KARL BORCH                                         
    Mamdouh Medhat, Copenhagen Business School
    "Liquidity Risk and Distressed Equity"
    15.01, 10:15-11:45 
    AUD. KARL BORCH                
    Glenn Schepens, Ghent University and National Bank of Belgium
    "Taxes and Bank Capital Structure"
    16.01, 12:45-14:00 
    AUD. TERJE HANSEN                
    Nils Friewald, Vienna University of Economics and Business
    "Dealer Inventory and the Cross-Section of Corporate Bond Returns"
    20.01, 10:15-11:45 
    AUD. TERJE HANSEN              
    Kevin Tseng, Kellogg School of Management, Northwestern University
    "Knowledge Network and the Cross-Section of Expected Returns"
    22.01, 10:15-11:45 
    AUD. 11
    Boris Radnaev, London Business School
    "Learning and Leverage Dynamics in General Equilibrium"
    23.01, 12:15-13:45 
    AUD. TERJE HANSEN

    Dong Yan, Hong Kong University of Science and Technology
    "Do Private Firms Learn from the Stock Market?"

    27.01, 10:15-11:45 
    AUD. TERJE HANSEN
    Paolo Morales Acevedo, Tilburg University and the European Banking Center
    "Strategic Choic of Delinquencies under Firm Liquidity Constraints"
    28.01, 10:15-11:45 
    AUD. KARL BORCH
    Adem Almaz, London Business School
    "A Dynamic Model of Short Interest"
    04.03, 12:15-13:45 
    AUD. 11
    Xunhua Su, Norwegian University of Science and Technology
    "The Dynamics of Performance Volatility and Firm Valuation"
    13.03, 12:45-14:15 
    AUD. TERJE HANSEN
    Andrey Malenko, MIT Sloan School of Business
    "Timing Decisions in Organizations: Communication and Authority in a Dynamic Environment"
    10.04, 12:45-14:00 
    AUD. KARL BORCH                    
    Laurent Bach, Stockholm School of Economics
    "Why do shareholder votes matter?"
    14.04, 12:45-14.15 
    AUD. KARL BORCH
    Kai Li, Sauder School of Business, University of British Columbia 
    "Technological Competition and Strategic Alliances"
    17.04, 12:45-13:15 
    AUD. KARL BORCH
    Toni Whited, Simon Business School, University of Rochester
    "Collateral, Taxes and Leverage"
    24.04, 08:45-10:00 
    AUD. AGNAR SANDMO

    Rüdiger Fahlenbrach, Swiss Finance Institute
    "Why Do Banks Practice Regulatory Arbitrage? Evidence from Usage og Trust Preferred Securities" 

    29.05, 12:45-14:00 
    AUD. KARL BORCH
    Daniel Wolfenzon, Columbia Business School
    "Evaluating the Impact of the Boss: Evidence from CEO Hospitalization Events
  • Finance seminars autumn 2014

    Finance seminars autumn 2014

    05.09, 12:45-14:00 
    AUD. KARL BORCH                                    
    Eliezer Fich, LeBow College of Business
    "Analyst coverage and acquisition returns: Evidence from natural experiments"
    09.09, 12:45-14:00 
    AUD. KARL BORCH
    Søren Hvidkjær, Copenhagen Business School
    "Does the value factor beta predict the value premium?"
    12.09, 12:45-14:00 
    AUD. KARL BORCH
    Ljubica Djordjevic, Tilburg University
    "Determinants of Household Bank Switching"
    19.09, 12:45-14:00 
    AUD. KARL BORCH
    Jonathan Lewellen, Tuck School of Business at Dartmouth
    "The behaviour of aggregate corporate investment"
    26.09, 12:45-14:00 
    AUD. KARL BORCH
    Oguzhan Ozbas, University of Southern California
    "Managerial Accommodation, Proxy Access, and the Cost of Shareholder Empowerment"
    03.10, 12:45-14:00 
    AUD. KARL BORCH
    Christopher Polk, London School of Economics
    "The Booms and Busts of Beta Arbitrage"
    17.10, 12:45-14:00 
    AUD. FINN KYDLAND
    Cláudia Custódio, W. P. Carey School of Business
    "Do General Managerial Skills Spur Innovation?"
    24.10, 12:45-14:00 
    AUD. KARL BORCH
    L'uboš Pástor, University of Chicago Booth School of Business
    "Do funds make more when they trade more?"
    31.10, 12:45-14:00 
    AUD. KARL BORCH
    Thorsten Beck, Tilburg University
    "Lending Concentration, Bank Performance and Systemic Risk: Exploring Cross-Country Variation"
    14.11, 12:45-14:00 
    AUD. KARL BORCH
    Per Östberg, University of Zürich
    "Money and Correlations"
    14.11, 12:45-14:00 
    AUD. KARL BORCH
    Larissa Shäfer, Tilburg University
    "Relationship Lending and Loan Performance"
    05.12, 12:45-14:00 
    AUD. B
    Hao Liang, Tilburg University
    "Concentrated Wealth and Stakeholder Value"
    08.12, 10:15-11:45 
    AUD. FINN KYDLAND 
    Markus Broman, Schulich School of Business
    "Liquidity Clienteles, Correlated Demand and Excess Comovement of ETF Returns"
    12.12, 12:45-14:00 
    AUD. FINN KYDLAND
    Lars A. Lochstoer, Columbia Business School
    "Asset Pricing when 'This Time is Different'"
  • Finance seminars spring 2014

    Finance seminars spring 2014

    13.01, 12:45-14:00     
    AUD. KARL BORCH                    
    Katarina Kvasnakova, Vienne Graduate School of Finance
    "Is Imperfection Better? Evidence from Predicting Stock and Bond Returns"
      Full listing of seminars to come here.
  • Finance seminars autumn 2013

    Finance seminars autumn 2013

    12.09, 10:45-12:00 
    AUD. AGNAR SANDMO                                          
    Finn Kydland, University of California
    "Monetary Policy. the Tax Code, and the Real Effects of Energy Shocks"
    13.09, 12:45-14:00 
    AUD. B                

    Michael Ewens, Carnegie Mellon University
    "Is a VC Partnership Greater Than the Sum of its Partners?"

    20.09, 12.45-14.00
    AUD. A

    Jarrad Harford, University of Washington
    "Mergers that Matter: The Value Impact of Economic Links"

     27.09, 12.45-14.00
    TERJE HANSEN
    Elroy Dimson, London Business School
    "The Price of Wine"
    03.10, 14.15-15.30
    AUD. D
    Yrjo Koskinen, Boston University
    "Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence"
    04.10, 14.15-15.30
    AUD. FINN KYDLAND
    Rajnish Mehra, Arizona State University
    "Macroeconomic Foundationof Financial Predictability"
    11.10, 12.45-14.00
    AUD. KARL BORCH

    Harjoat Bhamra, University of British Columbia
    "Stochastic Operating Risk and Real Options: Implications for Stock Returns

  • Finance seminars spring 2013

    Finance seminars spring 2013

    14.01, 12:15-13:30 
    AUD. 24                                                  
    Martijn Boons, University of Tilburg
    "State Variable Hedging and Individual Stocks: New evidence for the ICAPM"
    18.01,12.15-13.30
    AUD. 24

    Julien Cujean, Swiss Finance Institute
    "The Social Dynamics of Performance
    21.01, 12.15-13.30
    AUD. 24

    David Schumacher, INSEAD
    "The Role of Domestic Industries in Foreign Policy Decisions
    23.01, 12.15-13.30
    AUD. KARL BORCH
    Cornelius Schmidt, University of Lausanne
    "Shareholder Monitoring Incentives and Corporate Policies"
    28.01, 12.15-13.30
    AUD. 24
    Haitao Mo, University of Southern California
    "Implied Economic Risk Premiums"
    06.02, 12.25-13.30
    AUD. 24
    Oliver Randall, New York University
    "Pricing and Liquidity in the US Corporate Market"
    11.02, 12.15-13.30
    AUD. 24
    Onur Tosun, University of Maryland
    "The Effect of the CEO's Option Compensation on the Firm's Capital Structure: A Natural Experiment"
    18.02, 12.15-13.30
    AUD. 24
    Tong Wang, University of Southern California
    "The Destabilizing Effects of Option Hedging and the Weekly Reversal Anomaly"
    22.02, 14.15-15.30
    AUD. 24
    Dr. Peter Kondor, Central European University
    "Trading and Information Diffusion in Over-the Counter Markets"
    01.03, 14.15-15.30
    AUD. KARL BORCH
    Dr Stefano Giglio, University of Chicago
    "Asset Pricing in the Frequency Domain: Theory and Empirics"
    05.03, 12.15-13.30
    AUD. KARL BORCH
    Dr. Mustafa Caglayan, Ozyegin University
    "Emerging Betas and the Cross Section of Hedge Fund Return"
    08.03, 14.15-15.30
    AUD. KARL BORCH
    Dr. Andrew Hertzberg, Columbia University
    "Heterogeneous Time Preferences within the Household"
     22.03,14.15-15.30
    AUD. KARL BORCH
    Dr. Peter Feldhutter, London Business School
    "New Evidence on the Credit Spread Puzzle"