TAU Finance Conference - Program 2015

Tel Aviv Finance Conference

Tel Aviv University

Recanati Graduate School of Business

December 15-16 & 17, 2015



Tuesday December 15



Registration and light refreshment Recanati Building 4floor room 405





Opening remarks and welcome

Moshe Zviran (Dean)

Session I: Chair -  Nittai Bergman (MIT Sloan)

Financing Payouts

Joan Farre-Mensa (Harvard Business School), Roni Michaely (Cornell University and IDC), Martin Schmalz (University of Michigan)

Discussant: Andrew Ellul (Indiana University)


Do Director Elections Matter?

Vyacheslav Fos (Boston College), Kai Li (University of British Columbia), Margarita Tsoutsoura (University of Chicago)

Discussant: Enrique Schroth (London City University)


Coffee break

Session II: Chair – Amir Rubin  (IDC)


Access to Credit and Stock Market Participation

Serhiy Kozak (University of Michigan), Denis Sosyura (University of Michigan)

Discussant : Hans K. Hvide (Bergen University)


Do Short-Sellers Profit From Mutual Funds? Evidence from Daily Trades

Salman Arif (Indiana University), Azi Ben-Rephael (Indiana University), Charles M.C. Lee (Stanford GSB)

Discussant : Sebastien Michenaud (Rice University)




Coffee break

Mispriced Stocks and Mutual Fund Performance

Doron Avramov (Hebrew University of Jerusalem), Allaudeen Hameed (National University of Singapore), Si Cheng (Queen’s University Belfast)

Discussant : Alex Chinco (University of Illinois at Urbana-Champaign)  







Wednesday December 16



Gathering and light breakfast



Session III: Chair –  Ohad Kadan  (University of Washington)


Identifying Long-Run Risks: A Bayesian Mixed-Frequency Approach

Frank Schorfheide (University of Pennsylvania), Dongho Song (Boston College), Amir Yaron (University of Pennsylvania)

Discussant: Andrea Tamoni (LSE).




Assortative Matching in Managerial Labor Markets: Theory and Measurement

Egor Matveyev (University of Alberta)

Discussant: Beau Page (Houston University).


Coffee break

Session IV: Chair –  Ilan Kremer (Hebrew University)


The Leverage Ratchet Effect

Anat R Admati (Stanford Graduate School of Business), Peter M. DeMarzo (Stanford Graduate School of Business), Paul Pfleiderer (Stanford Graduate School of Business)

Discussant: Eli Berkovitch (IDC).

Timing Decisions in Organizations: Communication and Authority in a Dynamic Environment

Steven R. Grenadier (Stanford Graduate School of Business), Andrey Malenko (MIT Sloan School of Management), Nadya Malenko (Boston College, Carroll School of Management)

Discussant: Basil Williams (NYU)


Lunch at the 2nd floor patio


Session V: Chair -  Ron Kaniel  (University of Rochester)




High-Frequency Trading around Large Institutional Orders

Albert J. Menkveld (VU University Amsterdam), Vincent van Kervel (VU University Amsterdam)

Discussant : Neal Pearson (University of Illinois at Urbana-Champaign)







The Strategic Under-Reporting of Bank Risk

Taylor Begley (London Business School), Amiyatosh Purnanandam (University of Michigan), KC Zheng (University of Michigan)

Discussant : Mauricio Larrain (Columbia University)

Coffee break

Anti-competitive effects of common ownership

Jose Azar (Charles River Associates), Martin Schmalz (Stephen M. Ross School of Business), Isabel Tecu (Charles River Associates)

Discussant: Ian Appel (Boston College)



Thursday December 17



Day trip. Bus leaves from TAU campus


Return to TAU campus


Tel Aviv University makes every effort to respect copyright. If you own copyright to the content contained
here and / or the use of such content is in your opinion infringing, Contact us as soon as possible >>