PROGRAM 2024

S U N D A Y, March 17
17:00Welcome reception
18:00 - 19:30Session 1 - Corporate Finance. Chair: Kjell Nyborg (University of Zurich)
18:00 - 18:45Do board connections between product market peers impede competition?
Alminas Zaldokas (National University of Singapore)
Discussant: Kornelia Fabisik (University 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 Kasperczyk (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)
16:15 - 16:45Coffee, snacks and light refreshments in the lobby bar
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 - 18:45 Coffee, snacks and light refreshments in the lobby bar
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 in the lobby bar
17:00 - 18:30Session 5 - China. Chair: Patrick Bolton (Imprtial 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 - 20:00 Transfer to Strela Alp
20:00Fondue Dinner at the Strela Alp Restaurant
W E D N E S D A Y, March 20
08:15 - 09:45Session 6 - Debts and 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