2018 Program
2018 FOM Program
Finance, Organizations and Markets (FOM) Conference
Tuck School of Business, Dartmouth College
100 Tuck Drive, Hanover, NH 03755
October 18-19, 2018
Sponsors: Blackrock and the Center for Private Equity and Venture Capital, Tuck School of Business
Click here for the 2018 program and papers
Thursday, October 18, 2018
11:45am – 12:50pm Registration and lunch
12:50 – 1:00 pm Opening remarks, Gordon Phillips (Dartmouth Tuck School of Business)
SESSION I Session Chair: Jerry Hoberg (USC Marshall School of Business)
1:00 – 1:45pm
Paper 1: Who Creates New Firms when Local Opportunities Arise?
Authors: Shai Bernstein (Stanford Graduate School of Business), Emanuele Colonnelli (Stanford Department of Economics), Davide Malacrino (IMF), Tim McQuade (Stanford Graduate School of Business)
Discussant: Vojislav Maksimovic (University of Maryland)
1:45 – 2:30pm
Paper 2: The Distributional Effect of Fintech Credit: Evidence from E-commerce Platform Lending
Authors: Ye Li (Ohio State University), Yi Huang (Graduate Institute of International Development, Geneva), Hongzhe Shan (Swiss Finance Institute)
Discussant: Arpit Gupta, NYU
2:30 – 3:15pm
Paper 3: Economies before Scale: Learning, Survival, and Performance of Young Establishments in the Age of Cloud Computing
Authors: Wang Jin (MIT Sloan), Kristina McElheran (University of Toronto & MIT Sloan)
Discussant: Hyunseob Kim (Cornell University)
3:15 – 3:45pm Refreshment break
Session II Session Chair: Evgeny Lyndres (Boston University)
3:45 – 4:30pm
Paper 4: Shielding firm value: Employment protection and process innovation
Authors: Jan Bena (University of British Columbia), Hernán Ortiz-Molina (University of British Columbia), Elena Simintzi (University of North Carolina, Chapel Hill)
Discussant: Tony Cookson (University of Colorado)
4:30 – 5:15pm
Paper 5: Entrepreneurial Spillovers from Corporate R&D
Authors: Tania Babina (Columbia Graduate School of Business), Sabrina T. Howell (NYU Stern)
Discussant: Julian Atanasov (University of Nebraska)
5:15 – 5:45pm Refreshment break
5:45 – 6:30pm Keynote paper: Fundraising Strategies in Equity Crowdfunding Campaigns
Thomas Hellman (University of Oxford, Said School of Business)
7:00pm Dinner
Friday, October 19, 2018
8:00 – 8:30am Continental breakfast
Session III Session Chair: Naveen Khanna (Michigan State University)
8:30 – 9:15am
Paper 6: Management Practices and Mergers and Acquisitions
Authors: John (Jianqiu) Bai (Northeastern University), Wang Jin (MIT), and Matthew Serfling (University of Tennessee)
Discussant: Liu Yang (University of Maryland)
9:15 – 10am
Paper 7: Engineers vs. Business-People: Who Should Manage High-Tech Firms?
Authors: Yosub Jung (Harvard)
Discussant: Kevin Murphy (USC Marshall School of Business)
10:00 – 10:30am Refreshment break
Session IV Session Chair: Espen Eckbo (Dartmouth Tuck School of Business)
10:30 – 11:15am
Paper 8: Selling Innovation in Bankruptcy
Authors: Song Ma (Yale University), Joy Tianjiao Tong (Duke University), Wei Wang (Queen's University)
Discussant: Ben Iverson (Brigham Young University)
11:15am – 12:00pm
Paper 9: Acquiring Intangibles
Authors: Michael Ewens (California Institute of Technology, Ryan H. Peters (Tulane University), Sean Wang (Southern Methodist University)
Discussant: N.R. Prabhala (University of Maryland)
12:00 – 1:00pm Lunch
Session V Session Chair: Katharina Lewellen (Dartmouth Tuck School of Business)
1:00 – 1:45pm
Paper 10: Access to Collateral and The Democratization of Credit: France's Reform of The Napoleonic Security Code
Authors: Kevin Aretz (Manchester Business School), Murillo Campello (Cornell University), Maria-Teresa Marchica (Manchester Business School)
Discussant: Laurent Frésard (University of Lugano and University of Maryland)
1:45 – 2:30pm
Paper 11: Machine Intelligence vs. Human Judgement in New Venture Finance
Authors: Christian Catalini (MIT Sloan), Chris Foster (Harvard Business School), Ramana Nanda (Harvard Business School)
Discussant: Dan Fehder, USC Marshall
2:30 – 2:45pm Refreshment break
2:45 – 3:30pm Keynote paper: Outside the Box: Evidence from Alternative Vehicles in Private Capital
Antoinette Schoar, MIT Sloan School of Management
3:30pm Conference concludes