2014 FMA Doctoral Student Consortium
Consortium Coordinator
Dr. Paul Schultz
John W. and Maude Clark Professor of Finance, University of Notre
Dame
FMA is grateful to S&P Capital IQ and
WRDS for their sponsorship of the 2014
FMA Doctoral Student Consortium
Wednesday, October 15, 2014
8:00 am - 5:00 pm
Ryman Ballroom AB (Convention Center, Level 0)
Gaylord Opryland Resort and Convention Center
By Invitation Only
Panelists:
Dr. David Denis, Roger S. Ahlbrandt, Sr. Chair and Professor of Business Administration Area Director, Finance
University of Pittsburgh
Dr. Mara Faccio, Hanna Chair in Entrepreneurship & Professor of Finance
Purdue University
Dr. Harrison Hong, John Scully 1966 Professor of Economics and Finance
Princeton University
Dr. Christine Parlour, Sylvan C. Coleman Chair in Finance and Accounting
University of California, Berkeley
Dr. Rene Stulz, Everett D. Reese Chair of Banking and Monetary Economics and Director of the Dice Center for
Research in Financial Economics
Ohio State University
Dr. S. “Vish” Viswanathan, F. M. Kirby Professor of Investment Banking
Duke University
Agenda
7:30 am – 7:50 am
Registration & Refreshments
8:00 am – 8:15 am
Greeting
8:15 am – 10:00 am
10:00 am – 10:20 am
10:20 am – 11:40 am
11:40 am – 12:00 noon
12:00 pm – 1:15 pm
1:30 pm – 4:30 pm
Presentations by Faculty Leaders
Coffee Break, Ryman Ballroom C
Presentations by Faculty Leaders
Questions and Answers by all Panelists
Luncheon, Ryman Ballroom C
Dissertation Feedback Sessions Led by Faculty Panelists
4:30 pm – 5:30 pm
Consortium Reception, Ryman Ballroom C
5:30 pm – 6:30 pm
Conference Reception
Afternoon Workshop Assignments
Workshop Leader: Dr. Christine Parlour
Room: Ryman Studio M (Convention Center, Level 0)
Yinfei Chen
Washington State University
Davidson Heath
University of Southern California
Jeewon Jang
KAIST
Wenxi Jiang
Carl Larsson
Yale University
University of Texas – San Antonio
Huong Le
Louisiana State University
Yufeng Wu
University of Rochester
Do Institutional Investors and Short Sellers
Exploit the Net Share Issuance Effect?
Competition and Innovation: Evidence from
Patent Text
An Intertemporal CAPM with Higher-Order
Moments
Essays on Hedge Fund Leverage
Covered Bonds in the United States: Bank
Liquidity, Mortgage Financing, and Regulation
On the Governance of Innovation: Institutional
Ownership vs. Stock Price
Excess Dividend Smoothing
Workshop Leader: Dr. David Denis, University of Pittsburgh
Room: Ryman Studio N (Convention Center, Level 0)
Ying Dou
Mariya Letdin
William O’Brien
University of New South Wales
Baruch College, CUNY
Purdue University
Tajana Rajkovic
Emma Jincheng
Zhang
Yijia Zhao
University of Missouri
University of New South Wales
University of South Carolina
Three Essays on Corporate Governance
REITs and Capital Markets
Detecting Earnings Signals Using the Luck of
the (Double) Irish
Essays on CEO Pensions
Investment Policies and Corporate Goverance
Loan Covenant Violation and Corporate
Liquidity Management
Workshop Leader: Dr. Harrison Hong, Princeton University
Room: Ryman Studio O (Convention Center, Level 0)
Elizabeth Berger
Woo Hwa Koh
Rice University
Ohio State University
Jong-Min Oh
University of Texas – Dallas
Nilesh Sah
Andreanne Tremblay
University of South Florida
York University
Nikanor Volkov
Florida Atlantic University
Jing Zhao
University of Hong Kong
Bill Yiqing Zu
University of Melbourne
The Real Effects of Mutual Fund Outflows:
The Impact on Uncertainty Shocks on Cross
Sectional Returns
Corporate Innovations, Technology Spillovers,
and Equity Prices
Effect of CEO Gender on Corporate Policies
Does the Weather Influence Global Stock
Returns?
Strategic Information Disclosure When There is
Fundamental Disagreement
The Sheep of the Wall Street: Correlated Trading
and Investment Performance
The Role of Mutual Funds in the Real Economy
Workshop Leader: Dr. Mara Faccio, Purdue University
Room: Ryman Studio P (Convention Center, Level 0)
Rachel Gordon
Drexel University
Brandy Hadley
Yiqing Lu
University of Tennessee
London School of Economics
Ashley Newton
University of Oklahoma
Jongsik Park
Ohio State University
Jin Qi
Hai Tran
University of Minnesota – Twin
Cities
University of Oregon
Guangyao Zhu
Erasmus University, Rotterdam
Do Acquirer Outside Director Trades Signal
Quality
Executive Compensation and Political Sensitivity
The Provision of Incentive and Feedback: Should
We Bend the Rules for Discretionary Managerial
Compensation
Managerial Incentives, Organizational
Performance, and Governance Quality in
Nonprofit Organizations
How Does a Controlling Shareholder Transfer
Wealth from Minority Shareholders?
Shareholder Intervention and Firm Innovation
Are Good Deeds Rewarded? Director Awards
and the Market for Directorships
Nepotism and Equity Prices
Workshop Leader: Dr. Rene Stulz, Ohio State University
Room: Ryman Studio Q (Convention Center, Level 0)
Jianqiu (John) Bai
Barbara Chambers
University of Southern California
University of Utah
Yuliya Ivanova
University of Iowa
Dominiik Roesch
Matthew Serfling
Hong Kee Sul
Erasmus University, Rotterdam
University of Arizona
Indiana University
Christina Zhang
Lei Zhao
Tulane University
University of Reading
Essays in Corporate Finance
Multiemployer Pension Plans: Important
Connections in US Unionized Industries
Foreign Exchange Rate Exposure and Corporate
Policies
Arbitrage and Market Quality
Firing Costs and Capital Structure Decisions
Estimating Interbank Counterparty Risk and
Recovery Rates
Bad Loan Externalities
Systemic Risk in Banking System and Financial
Stability
Workshop Leader: Dr. S. “Vish” Viswanathan, Duke University
Room: Ryman Studio R (Convention Center, Level 0)
Mehmet Cihan
Cheng Gao
Tulane University
Rutgers University
Shawn O’Donoghue
Indiana University
Alper Odabasioglu
Swiss Finance Institute - University
of Geneva
University of Chicago
Seongkyu Park
Daruo Xie
Ping Wang
McLemore
Youhui Zhang
Arizona State University
University of Arizona
University of Massachusetts –
Amherst
Essays on Mergers and Acquisitions
High Frequency Trading, Quoting and Market
Quality in Equities
The Effect of Maker-Taker Fees on Broker Order
Execution Quality and Routing Decisions
Three Essays in Financial Economics –
Feedback Mechanisms in Financial Markets
The Power of Asking Questions: Resolving
Financial Market Rumors through Public Inquiries
A Time-Varying Premium for Idiosyncratic Risk
Do Mutual Funds have Decreasing Returns to
Scale?
Chinese Hedge Funds: 2003 – 2013