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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Corporate Finance Program Meeting

Yael Hochberg and Alexander Ljungqvist, Organizers

April 13, 2012

University of Chicago
Gleacher Center, Booth School of Business (Downtown Chicago)
Room 308
450 North Cityfront Plaza Drive
Chicago, IL  

PROGRAM

Friday, April 13, 2012

8:00 am

Continental Breakfast



8:30 am

DIVERSIFICATION

John Hund, Rice University
Donald R. Monk, Rutgers University
Sheri T. Tice, Tulane University
Apples to Apples: The Economic Benefit of Corporate Diversification

Discussant: Gordon Phillips, University of Southern California and NBER

9:20 am

Geoffrey Tate and Liu Yang, University of California at Los Angeles
The Bright Side of Corporate Diversification: Evidence from Internal Labor Market

Discussant: Ashwini Agrawal, New York University

10:10 am

Break

 

 

10:40 am

 

 

 

 

 

 

11:30 am

DEBT AND CAPITAL STRUCTURE

Zhiguo He, University of Chicago
Gregor Matvos, University of Chicago and NBER
Debt and Creative Destruction:

Why Could Subsidizing Corporate Debt Be Optimal?

Discussant: Adriano Rampini, Duke University

Dirk Hackbarth, University of Illinois at Urbana-Champaign
Richmond D. Mathews, University of Maryland
David T. Robinson, Duke University and NBER
Capital Structure, Product Market Dynamics and the Boundaries of the Firm

Discussant: Alex Edmans, University of Pennsylvania and NBER


12:20 pm


Lunch- Room 621



1:30 pm

 

 

 

 

 

 

2:20 pm

 

CORPORATE INVESTMENT

Casey Dougal, University of North Carolina at Chapel Hill
Christopher A. Parsons, University of California at San Diego
Sheridan Titman, University of Texas, Austin and NBER
Urban Vibrancy and Corporate Growth

Discussant: Luigi Zingales, University of Chicago and NBER

Moqi Xu, London School of Economics
The Costs and Benefits of Long-Term CEO Contracts

Discussant: Dirk Jenter, Stanford University and NBER
 

3:10 pm

Break

3:40 pm

Erik P. Gilje and Jerome P. Taillard, Boston College
Do Public Firms Invest Differently than Private Firms? Taking Cues from the Natural Gas Industry

Discussant: Joan Farre Mensa, Harvard University

4:30 pm

Adjourn

6:00 pm

Joint Dinner
University of Chicago
Gleacher Center, Room 621
450 North Cityfront Plaza Drive
Chicago, IL

3/2/12