PROGRAM 2024

European Winter Finance Summit, March 17-20 2024

Location: Mountain Plaza Hotel, Davos, Switzerland
Chair: Kjell Nyborg (University of Zurich)

S U N D A Y, March 17
17:00Welcome reception
18:00 - 19:30Session 1 - Corporate Finance. Chair: Kjell Nyborg (University of Zurich and SFI)
18:00 - 18:45Do board connections between product market peers impede competition?
Alminas Zaldokas (National University of Singapore)
Discussant: Kornelia Fabisik (Universiy of Bern)
18:45 - 19:30The Stick or the Carrot? The Role of Regulation and Liquidity in Activist Short-Termism
Adrian Aycan Corum (Cornell University)
Discussant: Ernst-Ludwig von Thadden (University of Mannheim)
20:00Dinner
M O N D A Y, March 18
08:00 - 09:30Session 2 - Carbon. Chair: Josef Zechner (WU Vienna)
08:00 - 08:45Carbon-Transition Risk and Net-Zero Portfolios
Marcin Kacperczyk (Imperial College)
Discussant: Thomas Dangl (Vienna University of Technology)
08:45 - 09:30Too Levered for Pigou: Carbon Pricing, Financial Constraints, and Leverage Regulation
Magdalena Anna Rola-Janicka (Imperial College)
Discussant: Francesca Zucchi (European Central Bank)
17:00 - 19:30Session 3 - Asset Pricing. Chair: Paul Ehling (Norwegian Business School)
17:00 - 17:45A Non-Linear Market Model
Tobias Sichert (Stockholm School of Economics)
Discussant: Grigory Vilkov (Frankfurt School of Finance & Management)
17:45 - 18:30Anomaly Predictability with the Mean-Variance Portfolio
Alessandro Melone (Ohio State University)
Discussant: Bjørn Eraker (Wisconsin School of Business)
18:30 - 18:45Coffee, snacks and light refreshments
18:45 - 19:30Misallocation and Asset Prices
Winston Dou (University of Pennsylvania)
Discussant: Georgy Chabakauri (London School of Economics)
20:00Dinner
T U E S D A Y, March 19
08:00 - 09:30Session 4 - Corporate Bonds. Chair: Rüdiger Weber (WU Vienna)
08:00 - 08:45Passive Demand and Active Supply: Evidence from Maturity-mandated Corporate Bond Funds
Lorenzo Bretscher (University of Lausanne)
Discussant: Jiri Woschitz (Norwegian Business School)
08:45 - 09:30Monetary Policy and Fragility in Corporate Bond Funds
John Kuong (Insead)
Discussant: Avi Wohl (Tel Aviv University)
16:15 - 16:45Coffee, snacks and light refreshments
17:00 - 18:30Session 5 - China. Chair: Patrick Bolton (Imperial College)
17:00 - 17:45The Implementation of Central Bank Policy in China: The Roles of Commercial Bank Ownership and CEO Faction Membership
Zexi Wang (Lancaster University)
Discussant: Christian Laux (WU Vienna)
17:45 - 18:30Transmission Of Quantity-based Monetary Policy Through Heterogeneous Banks In China
Dan Luo (Chinese University of Hong Kong)
Discussant: Jochen Mankart (Deutsche Bundesbank)
19:15 - 20:00Transfer
20:00Fondue Dinner
W E D N E S D A Y, March 20
08:15 - 09:45Session 6 - Debts & Markets. Chair: Stefan Pichler (WU Vienna University)
08:15 - 09:00Nonbank Market Power in Leveraged Lending
Franz Hinzen (Tuck School of Business Dartmouth)
Discussant: Jaewon Choi (University of Illinois)
09:00 - 09:45Arms Sales in Financial Markets
Xingtan Zhang (University of Colorado)
Discussant: Felix Fattinger (WU Vienna)
09:50 - 10:15Sudipto Bhattacharya Memorial Prize
Additional participants:Rossen Valkanov (Rady School of Management, UCSD), Tanja Brieden (WU Vienna), Kristian Miltersen (Copenhagen Business School), Adrien d'Avernas (Stockholm School of Economics), Quentin Vandeweyer (Chicago Booth School of Business), Benjamin Schneider (University of Zurich)