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NATIONAL BUREAU OF ECONOMIC
RESEARCH, INC. |
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Corporate Governance Meeting |
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Lucian Bebchuk, Organizer |
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May 12, 2005 |
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NBER |
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1050 Massachusetts Avenue |
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Cambridge, MA |
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PRELIMINARY PROGRAM |
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THURSDAY,
MAY 12: |
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8:15 a.m. |
Shuttle
van from the Royal Sonesta Hotel to the NBER |
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8:30 a.m. |
Shuttle
van from the Royal Sonesta Hotel to the NBER |
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8:30 a.m. |
Coffee
and Pastries |
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9:00 a.m. |
DAVID
YERMACK, New York University |
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Discussant:
DAVID SCHARFSTEIN, Harvard University and NBER |
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9:50
a.m. |
DAVID LARCKER
and SCOTT RICHARDSON, University of Pennsylvania |
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ANDREW
J. SEARY, Simon Fraser University |
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IREM
TUNA, University of Pennsylvania |
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Back Door Links Between
Directors and Executive Compensation |
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Discussant
HENRY HANSMANN, Yale University |
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10:40
a.m. |
Break |
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11:00
a.m. |
LUCIAN
BEBCHUK, Harvard University and NBER |
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YANIV
GRINSTEIN, Cornell University |
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Pay and
Size |
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Discussant:
ARTURO BRIS, Yale University |
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11:50
a.m. |
MARTIN
CONYON, JOHN CORE and WAYNE GUAY, |
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University
of Pennsylvania |
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Discussant: ALEXANDER DYCK, University of Toronto |
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12:40
p.m. |
Lunch |
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1:40
p.m. |
LILY
QIU, Brown University |
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Which Institutional
Investors Monitor? Evidence from
Acquisition Activity |
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Discussant:
STUART GILLAN, Arizona State University |
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2:30
p.m. |
ANDRES
ALMAZAN, JAY HARTZELL, and LAURA STARKS |
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University
of Texas |
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Active Institutional
Shareholders and Costs of Monitoring: Evidence from Executive Compensation |
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Discussant:
FLORENCIO LOPEZ-DE-SILANE, Yale University and NBER |
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3:20 p.m.
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Break |
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3:40
a.m. |
KOSE
JOHN, LUBOMIR LITOV, and BERNARD YEUNG, New
York University |
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Corporate Governance
and Managerial Risk Taking: Theory and Evidence |
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Discussant:
RENE STULZ, Ohio State University and NBER |
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4:30
a.m. |
MIHIR
A. DESAI, Harvard University and NBER |
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ALEXANDER
DYCK, University of Toronto |
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LUIGI
ZINGALES, University of Chicago and NBER |
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Discussant:
ENRICO PEROTTI, Universiteit van Amsterdam |
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5:20
p.m. |
Adjourn |
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6:30
p.m. |
Group
Dinner |
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Davios
Restaurant at the Royal Sonesta Hotel |
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5/10/05 |
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