Finance

Seminar Series

The Finance Seminars are presented on Friday mornings from 10:30 a.m. until 12:00 noon, in 1505 Van Munching Hall. Deviations from the standard time will be publicized on this Web site as well as in the e-mail announcement that is sent prior to each seminar. To be included on the e-mail announcement list, send an e-mail to mdexter@rhsmith.umd.edu.

Spring 2006

Click on the Paper Title to download a .pdf version of the paper in Adobe Acrobat, if available.

Date	Speaker	Paper Title
Jan. 20	Marc Martos-Vila Princeton University	"Executive Compensation and the Search for Corporate Control" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Jan. 27	Amar Gande New York University	"Shareholder Initiated Class Action Lawsuits: Shareholder wealth effects and Industry Spillovers" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Feb. 3	Dalida Kadyrzhanova Columbia	"Does Governance Pay, or Is Entrenchment the Way? Merger Gains and Antitakeover Provisions" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Feb. 10	Radhakrishnan Gopalan University of Michigan	"Large Shareholder Trading and Takeovers: The Disciplinary Role of Voting with your Feet" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Feb. 14	Berk Sensoy University of Chicago	"Incentives and Mutual Fund Benchmarks" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Feb. 17	Bjorn Eraker Duke	"Affine General Equilibrium Models" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Feb. 21	Georgios Skoulakis Northwestern	"Dynamic Portfolio Choice with Bayesian Learning" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Feb. 24	Craig Brown University of Michigan	"Self-Dealing in Securities Issuance" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Mar. 3	Aysun Alp Matthew Kozora Minwen Li University of Maryland Ph.D. Students	"A Study of Rating Volatility" "An Alternative Route to Portfolio Efficiency" "Outside Versus Inside CEO Succession and Firm Performance" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Mar. 10	Soeren Hvidkjaer University of Maryland	"Small Trades and the Cross-Section of Stock Returns" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Mar. 17	Deborah Lucas Northwestern	"Valuing and Hedging Defined Benefit Pension Obligations – The Role of Stocks Revisited" 1:30 p.m. - 3:00 p.m. Dean's Conference Room
Mar. 31	Shmuel Baruch Princeton	"Working Orders in Limit-Order Markets and Floor Exchanges" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Apr. 7	Brent Goldfarb University of Maryland	"Was There Too Little Entry During The Dot Com Era?" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Apr. 28	Josh Lerner Harvard University	"Specialization and Success: Evidence from Venture Capital" 1:30 p.m. - 3:00 p.m. 1203 Van Munching Hall
May 5	George Constantindies University of Chicago	"Mispricing of S&P 500 Index Options" 10:30 a.m. - 12:00 noon 1207 Van Munching Hall
May 12	Paolo Fulghieri Univ. of North Carolina	"Corporate Governance, Finance and the Real Sector" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall

Fall 2005

Click on the Paper Title to download a .pdf version of the paper in Adobe Acrobat, if available.

Date	Speaker	Paper Title
Sept. 9	Gergana Jostova George Washington University	“Momentum and Credit Rating” 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Sept. 16	Torben Andersen Northwestern University	"Nonparametric Exploration of Continuous Time Volatility Models with Leverage and Jumps" (Addendum-Extended Tables and Figures) 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Sept. 23	Alexander Ljungqvist New York University	"Scaling the Hierarchy: How and Why Investments Banks Compete for Syndicate Co-Management Appointments" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Sept. 30	Daniel Wolfenzon New York University	"Inside the Family Firm: The Role of Families in Succession Decisions and Performance" 10:00 a.m. - 12:00 noon 1203 Van Munching Hall
Oct. 7	Michael Roberts UPenn	"Back to the Beginning: Persistence and the Cross-Section of Corporate Capital Structure" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Oct. 21	Avanidhar Subrahmanyam UCLA	"Liquidity and Market Efficiency" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Oct. 25	Liu Yang University of Maryland Ph.D. Student	"Do Productivity Shocks Drive Asset Sales: Theory and Empirical Evidence" 4:00 p.m. - 5:00 p.m. Dean's Conference Room, Van Munching Hall
Oct. 28	Clara Vega Rochester	"Informed and Strategic Order Flow in the Bond Markets" 10:30 a.m. - 12:00 noon 1505 Van Munching Hall
Nov. 4	Roni Michaely Cornell	"Evidence on the Trade Off Between Risk and Return for IPO and SEO Firms" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Nov. 8	Emir Hrnjic Tulane University	"IPO Underpricing to Buy Holding" 3:30 p.m. - 5:00 p.m. Dean's Conference Room, Van Munching Hall
Nov. 18	Matt Richardson New York University	"The Myth of Long-Horizon Predictability" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Dec. 2	Yuhang Xing Rice	"An Intraday Analysis of the Relative Informational Efficiency of Stocks and Bonds" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Dec. 9	David Robinson Duke	"Market Structure, Internal Capital Markets, and the Boundaries of the Firm" 10:30 a.m. - 12:00 noon 1203 Van Munching Hall
Dec. 14	Antonio Falato University of Maryland Visiting Professor	"Paying to Make a Difference: Executive Compensation and Product Dynamics" 2:00 p.m. - 3:30 p.m. 1518 Van Munching Hall
Dec. 16	Simon Gervais Duke	"Overconfidence, Investment Policy, and Manager Welfare" 2:00 p.m. - 3:30 p.m. Dean's Conference Room, Van Munching Hall