Room 206

Chicago, IL 60611

FRIDAY, MARCH 31:

8:15 AM Continental Breakfast

SESSION 1: GEOGRAPHY AND CORPORATE FINANCE

8:40 AM AUGUSTIN LANDIER, New York University

VINAY B. NAIR, University of Pennsylvania

JULIE WULF, University of Pennsylvania

Tradeoffs In Staying Close: Corporate Decision-Making and Geographic Dispersion

SIMI KEDIA, Rutgers University

VENKATESH PANCHAPAGESAN, Goldman Sachs

VAHAP B. UYSAL, University of Oklahoma

Geography and Acquirer Returns

Discussant: JOSHUA COVAL, Harvard University and NBER

9:45 AM Break

SESSION 2: CAPITAL STRUCTURE

10:00 AM MICHAEL L. LEMMON, University of Utah

MICHAEL R. ROBERTS, University of Pennsylvania

JAIME F. ZENDER, University of Colorado at Boulder

Back to the Beginning: Persistence and the Cross-Section of Corporate Capital Structure

Discussant: IVO WELCH, Brown University and NBER

11:00 AM SREEDHAR T. BHARATH, University of Michigan

PAOLO PASQUARIELLO, University of Michigan

GUOJUN WU, University of Houston

Does Asymmetric Information Drive Capital Structure Decisions?

Discussant: STEWART C. MYERS, MIT and NBER

CORPORATE FINANCE PRORAM, PAGE 2:

12:00 Noon Lunch: Room 621

SESSION 3: REGULATION, CONTRACTS AND FIRMS

1:00 PM EFRAIM BENMELECH, Harvard University

TOBIAS J. MOSKOWITZ, University of Chicago and NBER

The Political Economy of Financial Regulation:

Evidence from US State Usury Laws in the 18^th and 19^th Century

MARK J. GARMAISE, University of California, Los Angeles

Ties that Truly Bind: Non-Competition Agreements, Executive Compensation

and Firm Investment

STEVEN N. KAPLAN, University of Chicago and NBER

BERK A. SENSOY, University of Chicago

PER STROMBERG, SIFR

What Are Firms? Evolution From Early Business Plans to Public Companies

2:30 PM Break

SESSION 4: SELF-DEALING AND DIVIDENDS

2:45 PM SIMEON DJANKOV, The World Bank

RAFAEL LA PORTA, Dartmouth College and NBER

FLORENCIO LOPEZ-DE-SILANES, University of Amsterdam

ANDREI SHLEIFER, Harvard University and NBER

The Law and Economics of Self-Dealing

Discussant: PAUL MAHONEY, University of Virginia

3:45 PM GERARD HOBERG, University of Maryland

NAGPURNANAND R. PRABHALA, University of Maryland and Yale University

Dividend Policy, Risk, and Catering

Discussant: MALCOLM BAKER, Harvard University and NBER

4:45 PM Adjourn

6:30 PM Joint Dinner

University of Chicago

Gleacher Center

Room 621

450 North Cityfront Plaza Drive

Chicago, IL

2/16/06