NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.



CORPORATE FINANCE PROGRAM MEETING

Heitor Almeida and Daniel Wolfenzon, Organizers



November 11, 2005

Harvard Business School

Cumnock Hall, Room 103

Soldiers Field Road

Boston, Massachusetts



PROGRAM



THURSDAY , NOVEMBER 10:



6:30 PM Dinner

Legals Seafood

5 Cambridge Center

Cambridge, MA 02139



FRIDAY, NOVEMBER 11:



8:15 AM Shuttle Van Departs Royal Sonesta Hotel to the Harvard Business School



8:30 AM Shuttle Van Departs Royal Sonesta Hotel to the Harvard Business School



8:30 AM Continental Breakfast



9:00 AM VIRAL ACHARYA, London Business School

RANGARAJAN SUNDARAM and KOSE JOHN, Ne w York University

Cross-Country Variations in Capital Structures: The Role of Bankruptcy Codes

Discussant: MATIAS BRAUN, UC, Los Angeles



9:50 AM JEAN HELWEGE, University of Arizona

CHRISTO PIRINSKY, Texas A&M University

RENE STULZ, Ohio State University and NBER

Why Do Firms Become Widely Held? An analysis of the Dynamics of Corporate Ownership



Discussant: RANDALL MORCK, University of Alberta



10:40AM Break



11:00 AM AMIR SUFI, University of Chicago and NBER

Bank Lines of Credit in Corporate Finance: An Empirical Analysis



Discussant: MURILLO CAMPELLO, University of Illinois



12:00 N Lunch



1:00 PM MARIANNE BERTRAND, University of Chicago and NBER

ANTOINETTE SCHOAR, MIT and NBER

Politically Connected CEOs and Corporate Outcomes: Evidence from France

(Joint with Francis Kramarz and David Thesmar)



Discussant: MARA FACCIO, Vanderbilt University

CORPORATE FINANCE PROGRAM, PAGE 2:



1:50 PM MASSIMO MASSA, INSEAD

ANDREI SIMONOV, Stockholm School of Economics

Shareholder Homogeneity and Firm Value;

The Disciplining Role of Non-Controlling Shareholders

Discussant: MARTIJN CREMERS, Yale University

2:40 PM Break



3:00 PM ALEXANDER DYCK, University of Toronto

LUIGI ZINGALES, Harvard University and NBER

(Joint with Natalya Volchkova)

The Corporate Governance Role of the Media: Evidence from Russia



Discussant: STEFANO DELLAVIGNA, UC, Berkeley



3:50 PM Adjourn



10/28/05