EFMA

European Financial Management Symposium 2009
Corporate Governance and Control
April 9-11, 2009
Judge Business School, University of Cambridge, UK


Accepted Papers & Participants List

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Participants

Paper


A


Albuquerque Rui, Schroth Enrique
Email: ralbuque@bu.edu
Determinants of Private Benefits of Control


Alexander Cindy, Chen Mark, Seppi Duane, Spatt Chester
Email: alexanderc@sec.gov
The Role of Advisory Services in Proxy Voting


Ampenberger Markus, Schmid Thomas, Chirstoph Kaserer and Achleitner Ann-Kristin
Email: markus.ampenberger@cefs.de
Family firms, agency costs and risk aversion - Empirical evidence from hedging and diversification decisions.


Andres Christian
Email: andres@uni-bonn.de
Family Ownership, Financing Constraints and Investment Decisions


Bernile Gennaro, Andrade Sandro and Hood Frederick
Email: bernileg@sec.gov
SOX, Corporate Transparency, and the Cost of Debt


Buchanan Bonnie
Email: buchanab@seattleu.edu
A Comparative Analysis of Shareholder Activism in the US and UK: Evidence from Shareholder Proposals


C


Cumming Douglas
Email: Douglas@Cumming.com
A Law and Finance Analysis of Hedge Funds


F


Ferri Fabrizio, Maber David
Email: fferri@hbs.edu
Say on Pay Vote and CEO Compensation: Evidence from the UK


Fidrmuc Jana, Jacob Marcus
Email: afinjf@wbs.ac.uk
A Cultural Explanation for the Agency Model of Dividends


Fields Paige, Fraser Donald
Email: pfields@mays.tamu.edu
Board Quality and the Cost and Covenant Terms of Bank Loans


G


Ghalleb Nabil, Boubarki Narjess
Email: nghalleb@kfupm.edu.sa
Does Mandatory Disclosure of Directors’ and Officers’ Liability Insurance Curb Managerial Oppotunism? Evidence from the Canadian Secondary Market


Gong Stephen
Email: afxhg@inet.polyu.edu.hk
The Quantity and Quality of Media Coverage and Its Impact on Stock Price Informativeness and Trading Activity: Evidence from China


H


Henderson Todd, Jagolinzer Alan and Muller Karl
Email: toddh@uchicago.edu
Scienter Disclosure


Hinterramskogler Bastian, Betzer Andre and Achleitner Kristin
Email: bastian.hinterramskogler@wi.tum.de
Private Equity Investors as Corporate Governance Mechanism in Continental Europe


J


Jasmin Gider, Betzer Andre and Achleitner Ann-Kristin
Email: jgider@uni-bonn.de
Investment Rationales of Hedge Funds and Private Equity
Funds in the German Stock Market


K


Kim Han, Lu Yao
Email: ehkim@umich.edu
Is CEO Power Bad?


Klein April, Zur Emanuel
Email: aklein@stern.nyu.edu
The Implications of Hedge Fund Activism on the Target Firm’s Existing Bondholders


Knyazeva Anzhela, Knyazeva Diana, Morck Randall and Yeung Bernard
Email: anzhela.knyazeva@simon.rochester.edu
Comovement in Investment and Corporate Governance


Knyazeva Anzhela, Knyazeva Diana
Email: anzhela.knyazeva@simon.rochester.edu
Local Director Talent and Board Governance


Kouwenberg Roy, Ananchotikul Nasha and Phunnarungsi Visit
Email: kouwenberg@few.eur.nl
Do Firms Decouple Corporate Governance Policy and Practice?


L


Lu Yao
Email: yaolu@umich.edu
Cross-border Acquisition Target Selection and Investor-protection


M


Masulis W. Ronald ,Pham Peter and Zein Jason
Email: ronald.masulis@owen.vanderbilt.edu
Pyramids: Empirical Evidence on the Costs and Benefits of Family Business Groups


Masulis Ronald, Wang Cong
Email:ronald.masulis@owen.vanderbilt.edu
Are Foreign Directors Valuable Advisors or Ineffective Monitors?


Minhat Marizah
Email:marizah.minhat@stir.ac.uk
The Role of Compensation Consultant in Executive Pay Governance


Mishra Dev, Guedhami Omrane, Boubakri Narjess and Saffar Walid
Email:Mishra@edwards.usask.ca
Political Connections and the Cost of Equity Capital


Mobbs Shawn, Masulis Ronald
Email:smobbs@cba.ua.edu
Are All Inside Directors the Same? CEO Entrenchment or Board Enhancement


N


Nguyen Bang
Email:nguyendang@cuhk.edu.hk
The Value of Independent Directors: Evidence from Sudden Deaths


P


Pasternack Daniel, Liljeblom Eva
Email:daniel.pasternack@eufex.fi
Payout Policy Changes around a Tax Reform: Do Owners or Payout Policy Adjust?


Petry Stefan
Email:s.petry@jbs.cam.ac.uk
The Wealth Effects of Labor Representation on the Board – Evidence from German Codetermination Legislation


Polanec Saso, Gregoriuc Aleksandra and Slapniucar Sergeja
Email:saso.polanec@ef.uni-lj.si
Pay me Right: Reference values and Executive Compensation


R


Ray Sugata, Chakraborty Indraneel
Email:sray@wharton.upenn.edu
Eort, Risk and Walkaway Under High Water Mark Contracts


S


Serafeim George, Millo Yuval and Horton Joanne
Email:gserafeim@hbs.edu
Paid for connections or too connected to be good? Social Networks and Executive and Non-Executive Directors Compensation


Stathopoulos Konstantinos, Lee Edward and Gao Ning
Email:k.stathopoulos@mbs.ac.uk
What are friends for? CEO Networks, Pay and Corporate Governance


Szilagyi Peter, Renneboog Luc
Email:p.szilagyi@jbs.cam.ac.uk
The Success and Relevance of Shareholder Activism through Proxy Proposals


W


Wagner Hannes, Volpin Paolo, Mayer Colin and Franks Julian
Email:hannes.wagner@unibocconi.it
Evolution of Family Capitalism: A Comparative Study of France, Germany, Italy and the UK


X


Xu Zhaoxia, Paligorova Teodora
Email:zxu@bankofcanada.ca
Complex Ownership and Capital Structure


Y


Young Steven, Yang Jing
Email:s.young@lancaster.ac.uk
Stock Repurchases and Executive Compensation Contract Design: The Role of Earnings Per Share Performance Conditions