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Preliminary Program
Summer Institute of Finance
July 16-18, 2015, Beijing, China Wednesday, July 15，2015
Registration and Reception: 7:00pm-8:30 pm (Location: Residence I , Grand Hyatt Beijing)
Day One---China Session, Thursday, July 16, 9:00am-12:20pm
Day Two, Friday, July 17
Morning Session: 9:00am-12:20pm The Value and Profitability Premiums Liang Ma, University of South Carolina Hong Yan, Shanghai Advanced Institute of Finance Discussant: Zhongzhi Song, CKGSB Are Shorts Equally Informed? A Global Perspective Ekkehart Boehmer, Singapore Management University Zsuzsa Huszár, National University of Singapore Yanchu Wang, Purdue University Xiaoyan Zhang, Purdue University Discussant: Yong Chen，TAMU Coffee Break (20 minutes) Financial Intermediation Chains in an OTC Market Ji Shen, London School of Economics Bin Wei, Federal Reserve Bank of Atlanta Hongjun Yan, Yale School of Management Discussant: Lin Peng, CUNY Commodity Financialization: Risk Sharing and Price Discovery in Commodity Futures Markets Itay Goldstein, Department of Finance, University of Pennsylvania Liyan Yang, Rotman School Discussant: Jennifer Huang,CKGSB Lunch: 12:30pm - 1:30pm Afternoon Session: 2:00pm-5:20pm Do Long-Term Investors Improve Corporate Decision Making? Harford Jarrad, University of Washington Ambrus Kecskes, Schulich School of Business at York University Sattar Mansi, Virginia Tech Discussant: Andrew Winton, UMN Risk Shocks, Uncertainty Shocks, and Corporate Policies Doron Avramov, Hebrew University of Jerusalem Minwen Li, Tsinghua University Hao Wang, Tsinghua University Discussant: Harold Zhang, Utdallas Coffee Break (20 minutes) Investing in Low-Trust Countries: Trust in the Global Mutual Fund Industry Massimo Massa, INSEAD Chengwei Wang, INSEAD Hong Zhang, PBC School of Finance, Tsinghua University Jian Zhang, National University of Singapore Discussant: Bing Liang，UMASS & SAIF Internal Capital Markets in Family Business Groups During the Global Financial Crisis Alvin Ang, UNSW Business School, University of New South Wales Ronald Masulis, UNSW Business School, University of New South Wales Peter Pham, UNSW Business School, University of New South Wales Jason Zein, UNSW Business School, University of New South Wales Discussant: Jing Zhao，The Hong Kong Polytechnic University Dinner: 6.30pm (Location: Drawing Room 2, Grand Hyatt Beijing, China) |
