Department of
Finance, Insurance and Real Estate

Finance Seminar Series

All presentations will be held from 10:30am - 12:00pm unless otherwise noted. The Seminar Coordinator is Jay R. Ritter.

Fall 2016

    Past Speakers

    2016
    Spring
      2015
      Spring
        Summer
          Fall
            2014
            Spring
            • Nikolai Roussanov, Wharton University of Pennsylvania
              “Houses as ATMs? Mortgage Refinancing and Macroeconomic Uncertainty”
            • Denis Sosyura, University of Michigan
            • John Duca, Southern Methodist University/Federal Reserve Bank of Dallas
            • Yang Duan, University of Florida Visiting Scholar
            • Farid AitSahlia, University of Florida Visiting Assistant Professor
            • Mark Leary, Washington University in St. Louis Olin Business School
            • Ozde Oztekin, Florida International University
              “Political Uncertainty, Transaction Costs, and Leverage Adjustments: An International Perspective”
            • Joshua D. Rauh, Stanford Graduate School of Business
            • Daniel Sokol, University of Florida Levin College of Law
            Fall
            • Mengxin Zhao, University of Alberta
              “Equity Market Liberalization and Equity Issuance”
            • Jon A. Garfinkel, University of Iowa
              “The Role of Financial Intermediaries in the Transmission of Peer-to-Peer Financial Policies”
            • Hongjun Yan, Yale School of Management
              “A Model of Anomaly Discovery”
            • Philip Valta, University of Geneva
              “Debt Renegotiation and Investment Decisions Across Countries”
            • Tomislav Ladika, University of Amsterdam
              “Managerial Short Termism and Investment: Evidence from Accelerated Option Vesting”
            • Julian Atanassov, University of Oregon
              “Corporate income taxes, financial constraints and innovation”
            • Russell Jame, University of Kentucky
              “Executive Extraversion: Career and Firm Outcomes”
            2013
            Spring
            • Chris Clifford, University of Kentucky
              “Discretionary liquidity: Hedge funds, side pockets, and gates”
            • Greg Nini, Wharton
              “What is Special about Bank Loans”
            • Evan Dudley, University of Florida
            • Sugata Ray, University of Florida
            • Jason H. Chen, Sauder School of Business
              “Do Cash Flows of Growth Stocks Really Grow Faster?”
            Fall
            • Sugata Ray, University of Florida
            • Dan Bradley, University of South Florida
              “Does knowledge matter? Industry experience and analyst performance”
            • Leming Lin, University of Florida
              “Collateral and the choice between bank debt and public debt”
            • Pedro Matos, University of Virginia
              “The Mutual Fund Industry Worldwide: Explicit and Closet Indexing, Fees, and Performance”
            • Stace Sirmans, University of Florida
            • Dominique Badoer, University of Florida
            • Matthew Souther, University of Florida
            • Atanas Mihov, University of Florida
              “Cost Inflexibility and Capital Structure: Evidence from SOX Section 404”
            • Itzhak (Zahi) Ben-David, The Ohio State University
            2012
            Spring
            • Jennie Bai, Federal Reserve Bank of New York
              “The CDS-Bond Basis During the Financial Crisis of 2007-2009”
            • David Brown, University of Florida
              “Discount Rates and Asset Returns: Implications for Endowment Strategies”
            • David Brown, University of Florida
              “Maturity Clienteles in the Municipal Bond Market: Term Premiums and the Muni Puzzle”
            • Sugata Ray, University of Florida
              “Institutional Investment in hedge funds: A first look”
            • Miles Livingston, University of Florida
              “The Value of a Third Opinion: Split Ratings, Information Opacity, and Fitch Ratings”
            • David Musto, Wharton, University of Pennsylvania
            • Jacob Sagi, Vanderbilt University
              “Estimating Oil Risk Factors Using Information from Equity and Futures Markets”
            • Darren Kisgen, Boston College
              “Do Credit Rating Agencies have the Power to Change Corporate Behavior?”
            • Wenlan Qian, National University of Singapore
              “Transaction Tax: The Double-edged Sword Effects on Price Stability”
            • Matt Billett, Indiana University
              “Do Investor Identity and Contract Terms Interact? Evidence from the Wealth Effects of Private Placements”
            • Farid AitSahlia, University of Florida
              “Are there critical levels of stochastic volatility for early option exercise”
            • Brian Gendreau, University of Florida
              “Credit spreads and liquidity in the Great Depression”
            Fall
            • Ajay Subramanian, Georgia State
              “Banking Deregulation and Innovation”
            • Jongsub Lee, University of Florida
            • Amit Bubna, Indian School of Business
              “Venture Capital Communities”
            • Arthur Korteweg, Stanford
              “Private equity across the credit cycle: A cross-sectional approach”
            • Xavier Giroud, MIT
              “Capital and Labor Reallocation Inside Firms”
            • Sugata Ray, University of Florida
            • James Vickery, NYU and NY Fed
              “Securitization and the Fixed-Rate Mortgage”
            • Brian Gendreau, University of Florida
            2011
            Spring
            • Sugata Ray, University of Florida
            • Farid AitSahlia, University of Florida
            • Evan Dudley, University of Florida
            • Jongsub Lee, University of Florida
            • Wayne Archer, University of Florida
            • Ginger Wu, University of Georgia
              “Do Anomalies Exist Ex Ante?”
            • Brian Gendreau, University of Florida
            • Ing-Haw Cheng, University of Michigan
              “Yesterday's Heroes: Compensation and Creative Risk-Taking”
            • Phil Strahan, Boston College
              “Are Issuer Size and Ratings Shopping 'Priced' in the Mortgage-backed Securities Market”
            • Andrew Karolyi, Cornell
              “The U.S. left behind: The rise of IPO activity around the world”
            • Kevin Tang, University of Florida
            • Joshua Rauh, Northwestern Univ.
              “Local Overweighting and Underperformance: Evidence from Limited Partner Private Equity Investments”
            • Heitor Almeida, University of Illinois
              “Aggregate Risk and the Choice between Cash and Lines of Credit”
            • Xiaoding Liu, University of Florida
            Fall
            • Mark M. Westerfield, University of Southern California
              “Portfolio Choice with Illiquid Assets”
            • Evan Dudley, University of Florida
              “Hedge fund leverage and financial fragility” (with M. Nimalendran)
            • Michael Weisbach, The Ohio State University
              “Pay for Performance from Future Fund Flows: The Case of Private Equity”
            • Sugata Ray, University of Florida
              “Why do hedge funds change reported returns?” (with David Musto)
            • Mara Faccio, Purdue University
              “CEO gender, corporate risk-taking, and the efficiency of capital allocation”
            • Jongsub Lee, University of Florida
              “Birds of a Feather: Does political Alignment Between Top Management and the Board Weaken Internal Corporate Governance?”
            • Emir Hrnjic, National University of Singapore
              “Market-wide sentiment, firm-level sentiment, and IPO pricing process”
            • Stefan Nagel, Stanford University
              “Sizing Up Repo”
            2010
            Spring
            • Margarita Tsoutsoura, Columbia University
              “The Effect of Succession Taxes on Family Firm Investment; Evidence from a Natural Experiment”
            • Yue Tang, Emory University
              “Business Connections and Informed Trading of Mutual Fund Managers”
            • Kasper Nielsen, Chinese University of Hong Kong
              “What Death Can Tell: Are Executives Paid for Their Contribution to Firm Values”
            • Jongsub Lee, New York University
              “Corporate Finance in Family Business Groups”
            • Roy Zuckerman, Yale
              “Synchronized Arbitrage and the Value of Public Announcements”
            • Yong Xiang Wang, Columbia University
              “Rent Seeking by mutual fund managers: Evidence from Equity Contract Renegotiations”
            • Abhiroop Mukherjee, Yale University
              “Equity Returns and the Fund Flow Sensitivity Premium”
            • Oguzhan Karakas, London Business School
              “Another Option for Determining the Value of Corporate Votes”
            • Sami Torstila, Helsinki School of Economics (visiting at UC-Berkeley)
              “Political Preferences and Stock Market Participation”
            • Markus Brunnermeier, Princeton
              “CoVaR”
            • Lu Zhang, U of Michigan
              “Q-Theory with Curvature”
            Fall
            • Jun Qian (QJ), Boston College
              “The Impact of Organizational and Incentive Structures on Soft Information: Evidence from Bank Lending”
            • Missaka N. Warusawitharana, Federal Reserve Board
              “Profitability and the Lifecycle of Firms”
            • Vikas Agarwal, Georgia State Univ.
              “Uncovering Hedge Fund Skill from the Portfolio Holdings They Hide”
            • Martin Oehmke, Columbia Univ.
              “The Maturity Rat Race”
            • Jay Hartzell, Univ. of Texas Austin
              “On the Optimality of Shareholder Control: Evidence from the Dodd-Frank Financial Reform Act”
            • Xiaohui Gao, University of Hong Kong
              “Brokerage Commissions: Hidden Costs of Owning Mutual Funds”
            2009
            Spring
            • Peter DeMarzo, Stanford
              “Dynamic Agency and the Theory of investment”
            • Ilona Babenko, Hong Kong University of Science & Technology
              “Adverse Selection and Stock-based Grants to Non-executive Employees”
            • Yuri Tserlukevich, Hong Kong University of Science & Technology
              “The Propensity to Save and Incentives to Reduce Debt”
            • Antonio Macias, Purdue University
              “Risk Pricing and Flexibility in Acquisitions: The Economic Impact of Material Adverse Change Clauses”
            • Breno Schmidt, U of Southern California
              “Costs and Benefits of 'Friendly' Boards During Mergers and Acquisitions”
            • Seoyoung Kim, Emory University
              “Earnings Management and Social Ties”
            • Sheng Huang, Washington University
              “CEO Characteristics, CEO-Firm Match and Corporate Refocus Value”
            • Yihui Wang, University of North Carolina
              “Does Credit Supply Drive the LBO Market?”
            • Sugata Ray, Wharton
              “Effort, Risk and Walkaway Under High Water Mark Contracts”
            • Jennifer Dlugosz, Harvard
              "What Lies Beneath: An Inside Look at CDO Collateral"
            • John Hund
            • Evan Dudley, University of Florida
            • Greg Kadlec, Virginia Tech
              "What Do Soft Dollars Buy? Performance, Expense Shifting, Agency Costs"
            • Yuhai Xuan, Harvard Business School
              “Under New Management: Equity Issues and the Attribution of Past Returns”
            • Cindy Alexander, US SEC
              “The Role of Advisory Services in Proxy Voting”
            Fall
            • Evan Dudley, U of Florida
              “Hedge Fund Contagion and Funding Risk”
            • Victoria Ivashina, Harvard Business School
              “Bank Lending During the Financial Crisis of 2008”
            • Yael Hochberg, Northwestern
              “The Size and Specialization of Direct Investment Portfolios”
            • Alexander Barinov, U of Georgia
              “Turnover: Liquidity or Uncertainty?”
            • Jun Qian (QJ), Boston College
            • Sugata Ray, U of Florida
              “Match in the Dark: Understanding Crossing Network Liquidity”
            2008
            Spring
            • Matthew Cain, Purdue University
              “The Information Content of Fairness Opinions in Negotiated Mergers”
            • Andrea Frazzini, Chicago - with Lauren Cohen and Christopher Malloy
              “The Small World of Investing: Board Connections and Mutual Fund Returns”
            • Zhi Li, Arizona State
              “Behavioral and rational explanations of stock price performance around SEOs: Evidence from a decomposition of market-to-book ratios”
            • Evan Dudley, Rochester
              “Intermittent investment and capital structure”
            • Jonathan Cohn, Michigan
              “Investment, Cash Flow and Financial Markets: Evidence from Tax Loss Carryforwards”
            • Ambrus Kecskes, University of Toronto
              “Why are firms that raise more financing worth more?”
            • Yu Yuan, Wharton
              “Attention and Trading”
            • Peter Iliev, Brown
              “The Effect of the Sarbanes-Oxley Art (Section 404)*”
            • Ran Duchin, USC
              “Cash Holdings and Corporate Diversification”
            • Ludovic Phalippou, Amsterdam
              “The Performance of LBO Investments”
            • Mark Carey, Board of Governors
              “The Bank as Grim Reaper: Debt Composition and Recoveries on Defaulted Debt”
            • Simon Gervais, Duke University
              “Overconfidence, Investment Policy, and Manager Welfare”
            • Malcolm Baker, Harvard
              “Catering Through Nominal Share Prices”
            • Mark Chen, Georgia State
              “Boardroom Brawls: An Empirical Analysis of Disputes Involving Directors”
            Fall
            • Murray Frank, University of Minnesota
              “Profits and Capital Structure”
            • Alok Kumar, University of Texas at Austin
              “Superior Information or a Psychological Bias? A Unified Framework with Cognitive Abilities Resolves Three Puzzles”
            • Antoinette Schoar, MIT
              “The Importance of Holdup in Contracting: Evidence from a Field Experiment”
            • Alexander Butler, University of Texas at Dallas
              “Does access to external finance improve productivity? Evidence from a natural experiment”
            • Manju Puri, Duke
              “Understanding Bank Runs: The Importance of Depositor-Bank Relationships and Networks”
            2007
            Spring
            • Sorin Sorescu, Texas A&M
              “A Reexamination of Corporate Governance and Equity Prices”
            • Wei Jiang, Columbia University (visiting at Wharton)
              “Hedge Fund Activism, Corporate Governance, and Firm Performance”
            • Christian Andres, University of Florida and University of Bonn
              “Family Ownership, Financing Constraints and Investment Decisions”
            • Cem Demiroglu, University of Florida
              “The Information Content of Bank Loan Covenants”
            • Laura Starks, University of Texas
              “Headlines and Bottom Lines: Attention and Learning Effects from Media Coverage Mutual Funds”
            Fall
            • Andriy Bodnaruk, Maastrict University
              “The Dark Role of Investment Banks in the Market for Corporate Control”
            • Michael Roberts, Wharton University
              “Contingency and Renegotiation of Financial Contracts: Evidence from Private Credit Agreements”
            • Kewei Hou, Ohio State
              “Resurrecting the Size Effect: Firm Size, Profitability Shocks, and Expected Stock Returns”
            • Mitch Warachka, Singapore Management University
              “Return Predictability of Analyst Forecasts”
            • Danling Jiang, Florida State
              “Short-Sale Constraints and the Non-January Idiosyncratic Volatility Puzzle”
            • Ayako Yasuda, Wharton
              “Are Stars' Opinions Worth More? The Relation between Analyst Reputation and Recommendation Values”
            • Andrea Eisfeldt, Northwestern University
              “Financing Shortfalls and the Value of Aggregate Liquidity”
            2006
            Spring
            • Clara Vega, University of Rochester
              “Asymmetric Information in the Stock Market: Economic News and Co-movement”
            • Carola Schenone, University of Virginia
              “Lending Relationships and Information Rents”
            • Katrina Ellis, UC-Davis
              “Capital Gaines Taxes and IPO Returns”
            • Gordon Phillips, University of Maryland & NBER
              “Why Do Public Firms Issue Public and Private Securities?”
            • Yonghen Deng, Southern California Real Estate Group
            Fall
            • Mitch Petersen, Kellogg
            • Allen Poteshm, Illinois
              “Does Option Trading Have a Pervasive Impact on Underlying Stock Prices?”
            • Michael Boldin
            • Steve Sharpe, Federal Reserve Board of Governors
            2005
            Spring
            • Miles Livingston, University of Florida
              “Mutual Funds Costs
            • Dan Bergstresser, Harvard Business School
            • Armen Hovakimian, Baruch College
              “Are Observed Capital Structures Determined by Equity Market Timing?
            • Wayne Ferson, Boston College
              “The Timing Ability of Fixed Income Mutual Funds
            • Jonathan Lewellen, MIT
              “The Conditional CAPM Does Not Explain Asset-pricing Anomalies
            Fall
            • Ozgur "Ozzie" Ince, University of Florida
              “The Partial Adjustment of IPO Offer Prices Is Not Due to Dynamic Information Acquisition”
            • Amir Sufi, University of Chicago
              “Banks and Flexibility: Empirical Evidence on the Mix of Equity, Bonds, and Bank Debt”
            • Chris James, University of Florida
              “Banks and Bubbles: How Good are Bankers at Spotting Winners”
            • Laura Starks, Univeristy of Texas
            • Hassan Naqvi, National University of Singapore
              “Banking Crises and the Lender of Last Resort: How Crucial Is the Role of Information?”
            • Kristine Watson Hankins, University of Florida
              “Empirical Evidence on Risk Management: M&A Activity and Derivatives Use”
            • Annette Vissing-Jorgensen, Northwestern's Kellogg School
              “Long-run Stockholder Consumption Risk and Asset Pricing”
            • Joao Santos, NY Federal Reserve
              “Bank Loans, Bonds, and Information Monopolies Across the Business Cycle”

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            College Info

            Warrington College of Business
            BRY 100
            PO Box 117150
            Gainesville, FL 32611-7150
            Phone: 352.392.2397
            Fax: 352.392.2086

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