Location: Sporthotel Royer, Schladming
| Sunday, March 15 | |
| 17:00 - 17:45 | Welcome reception and introductory remarks, Christian Laux (WU Vienna) |
| 18:00 - 19:30 | Session 1 (Chair: Josef Zechner, WU Vienna) |
| Asymmetric Information and the Pecking (Dis)Order Paolo Fulghieri, Diego Garcia, and Dirk Hackbarth (Boston University) Discussant: David Brown (University of Arizona) |
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| Restructuring Failure and Optimal Capital Structure Alfred Lehar (University of Calgary) Discussant: Jaewon Choi (University of Illinois at Urbana-Champaign) |
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| Monday, March 16 | |
| 08:00 - 08:45 | Session 2 (Chair: Alois Geyer, WU Vienna) |
| Distrust in Finance Lingers: Jewish Persecution and Households’ Investments Francesco D’Acunto, Marcel Prokupczuk, and Michael Weber (University of Chicago) Discussant: Alexander Stomper (Humboldt University) |
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| 17:00 - 19:30 | Session 3 (Chair: Alexander Mürmann, WU Vienna) |
| Stock Liquidity and Corporate Cash Holdings: Feedback and the Cash as Ammunition Hypothesis Kjell Nyborg and Zexi Wang (University of Bern) Discussant: Maria Chaderina (WU Vienna) |
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| Liquidity Uncertaint Peter Harry Haslag and Matthew Ringgenberg (Olin Business School, Washington University St. Louis) Discussant: Jos van Bommel (University of Luxembourg) |
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| A Theory of Liquidity Spillovers between Bond and CDS Markets Batchimeg Sambalaibat (University of Oklahoma) Discussant: Nils Friewald (WU Vienna) |
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| Tuesday, March 17 | |
| 08:00 - 08:45 | Session 4 (Chair: Kristian Miltersen, Copenhagen Business School) |
| Protection of Trade Secrets and Capital Structure Decisions Sandy Klasa (University of Arizona), Hernan Ortiz-Molina, Matthew Serfling, and Shweta Srinivasan Discussant: Steven Xiao (Rutgers Business School) |
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| 17:00 - 19:30 | Session 5 (Chair: Christian Laux, WU Vienna) |
| Hold-Up and the Use of Performance Sensitive Debt Tim Adam (Humboldt University) and Daniel Streitz Discussant: Björn Imbierowicz (Goethe University Frankfurt) |
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| Risky Utilities Jean-Charles Rochet and Guillaume Roger (The University of Sydney) Discussant: David Martinez-Miera (Universidad Carlos III de Madrid) |
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| Financial Advice and Bank Profits Daniel Hoechle, Stefan Ruenzi, Nic Schaub, and Markus Schmid (University of St. Gallen) Discussant: Youchang Wu (University of Wisconsin-Madison) |
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| Wednesday, March 18 | |
| 08:30 - 10:00 | Session 6 (Chair: Stefan Pichler, WU Vienna) |
| The Economics of Investor-Paid Credit Rating Agencies Dion Bongaerts (Erasmus University Rotterdam) Discussant: Günter Strobl (Frankfurt School of Finance & Management) |
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| Risk Management and Rating Segmentation in Credit Markets Giacomo Rodano, Nicolas Serrano-Velarde (Bocconi University), and Emanuele Tarantino Discussant: Florian Nagler (VGSF and WU Vienna) |