UNIVERSITY OF ALBERTA BUSINESS SCHOOL

NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Conference on the History of Corporate Ownership:

The Rise and Fall of Great Business Families

Randall Morck, Organizer

June 21-22, 2003

Fairmont Chateau Lake Louise

111 Lake Louise Drive

Lake Louise, Alberta, Canada

PROGRAM

FRIDAY, JUNE 20:

7:00 PM Welcome Reception and Dinner

SATURDAY, JUNE 21:

8:00 AM Continental Breakfast

8:30 AM The History of Corporate Ownership in Canada

RANDALL MORCK, University of Alberta and NBER

MICHAEL PERCY, University of Alberta

GLORIA TIAN, University of Alberta

BERNARD YEUNG, New York University

The Rise and Fall of the Widely Held Firm in Canada

Discussant: JORDAN SIEGEL, MIT

9:30 AM The History of Corporate Ownership in China

WILLIAM GOETZMANN, Yale University and NBER

ELISABETH KÖLL, Case Western Reserve University

Discussant: DWIGHT PERKINS, Harvard University

10:30 AM Break

10:45 AM The History of Corporate Ownership in Developing Economies

TARUN KHANNA, Harvard University

KRISHNA PALEPU, Harvard University

Design or Serendipity? The Rise of India Software Industry

Discussant: ASHOKA MODY, International Monetary Fund

11:45 AM Lunch

1:45 PM The History of Corporate Ownership in France

ANTOIN MURPHY, Trinity College Dublin

Discussant: DANIEL RAFF, University of Pennsylvania and NBER

2:45 PM The History of Corporate Ownership in Germany

CAROLINE FOHLIN, California Institute of Technology

Ownership and Control in German Corporations:

A Long-Run Perspective on the Role of Banks

Discussant: ALEXANDER DYCK, Harvard University

3:45 PM Break

4:00 PM The History of Corporate Ownership in Great Britain

JULIAN FRANKS, London Business School

COLIN MAYER, University of Oxford

STEFANO ROSSI, London Business School

The Origination and Evolution of Ownership and Control

Discussant: BARRY EICHENGREEN, UC, Berkeley and NBER

5:00 PM The History of Corporate Ownership in Italy

ALEXANDER AGANIN, Cornerstone Research

PAOLO VOLPIN, London Business School

Discussant: TBA

6:00 PM Adjourn

7:00 PM Reception and Dinner

SUNDAY, JUNE 22:

8:00 AM Continental Breakfast

8:30 AM The History of Corporate Ownership in Japan

RANDALL MORCK, University of Alberta and NBER

MASAO NAKAMURA, University of British Columbia

Discussant: SHELDON GARON, Princeton University

9:30 AM The History of Corporate Ownership in the Netherlands

ABE DE JONG, Erasmus University Rotterdam

AILSA RÖELL, Princeton University

Discussant: TBA

10:30 AM Break

10:45 AM The History of Corporate Ownership in Sweden

PETER HÖGFELDT, Stockholm School of Economics

The History and Politics of Corporate Ownership in Sweden

Discussant: AILSA RÖELL, Princeton University

11:45 AM The History of Corporate Ownership in the United States

MARCO BECHT, Université Libre de Bruxelles

J. BRADFORD DELONG, UC, Berkeley and NBER

Why Has There Been So Little Blockholding in America?

Discussant: RICHARD SYLLA, New York University and NBER

12:45 PM Lunch and Adjourn

6/18/03