All sessions held in the Frantz II classroom, Raether Building
12:00 - 12:55 Lunch and registration: Frantz II classroom, Raether Building.
12:55 - 1:00 Conference Introduction and Welcoming Remarks
Session Chair: Gordon Phillips, Tuck School of Business, Dartmouth
1:00 pm - 2:30 pm
Paper 1: Common Ownership and Innovation Efficiency
Authors: Xuelin Li, University of South Carolina (Darla Moore), Tong Liu, University of Pennsylvania (Wharton), Luke A. Taylor, University of Pennsylvania (Wharton)
Presenter: Tong Liu, University of Pennsylvania (Wharton)
Discussant: Morten Sorensen, Tuck School of Business, Dartmouth (Click here for Discussant Slides)
Paper 2: Local Journalism under Private Equity Ownership
Authors: Michael Ewens, California Institute of Technology, Arpit Gupta, NYU and Sabrina Howell, NYU
Presenter: Arpit Gupta, NYU Stern School of Business
Discussant: Ayako Yasuda, University of California, Davis (Click here for Discussant Slides)
2:30 - 2:45 pm Break
SESSION 2: Investment and Finance
Session Chair: Felipe Severino, Tuck School of Business, Dartmouth
2:45 - 4:15 pm
Paper 3: The Real Effects of Banking the Poor: Evidence from Brazil
Authors: Julia Fonseca, UIUC and Adrien Matray, Princeton
Presenter: Adrien Matray, Princeton
Discussant: Shawn Cole, Harvard Business School (Click here for Discussant Slides)
Paper 4: In Too Deep: The Effect of Sunk Costs on Corporate Investment
Author: Marius Guenzel, The Wharton School, University of Pennsylvania
Presenter: Marius Guenzel, The Wharton School, University of Pennsylvania
Discussant: Daniel Green, Harvard Business School (Click here for Discussant Slides)
4:15 - 4:30 pm Break
Session Chair: Murray Frank, University of Minnesota
4:45 - 5:30 pm
Paper 5: Product Market Competition with Crypto Tokens and Smart Contracts
Author: Evgeny Lyandres, Tel Aviv University
Presenter: Evgeny Lyandres, Tel Aviv University
Discussant: William Cong, Cornell University (Click here for Discussant Slides)
KEYNOTE ADDRESS: 5:35 - 6:15
Raghuram Rajan, Chicago Booth School of Business
*** RECEPTION AND DINNER: 6:30 - 9:00 ***
Breakfast 8:00 - 9:00 am Foyer, Frantz II, Raether Building
9:00 am - 10:30 AM
Paper 6: Selfish Corporations
Authors: Emanuele Colonnelli, Chicago Booth, Niels Gormsen, Chicago Booth and Tim McQuade, UC Berkeley Haas
Presenter: Emanuele Colonnelli, Chicago Booth
Discussant: David Thesmar, MIT Sloan School (Click here for Discussant Slides)
Paper 7: "Potential" and the Gender Promotion Gap
Authors: Alan Benson, University of Minnesota, Danielle Li, MIT Sloan and Kelly Shue, Yale SOM
Presenter: Kelly Shue, Yale School of Management
Discussant: Geoffrey Tate, Smith School of Business, University of Maryland
10:30 - 11:00 am Break
Session Chair: Jerry Hoberg, USC Marshall School of Business
11:00 - 12:30 pm
Paper 8: Technology Obsolescence
Authors: Song Ma, Yale
Presenter: Song Ma, Yale
Discussant: Bruno Pellegrino, Smith School of Business, University of Maryland (Click here for Discussant Slides)
Paper 9: Tax Incentives, Small Businesses, and Physical Capital Reallocation
Authors: Riddha Basu, George Washington University School of Business, Doyeon Kim, Northwestern University and Manpreet Singh, Georgia Tech
Presenter: Manpreet Singh, Georgia Tech
Discussant: Erik Gilje, Wharton School of Business, University of Pennsylvania (Click here for Discussant Slides)
*** LUNCH 12:30 - 1:30 ***
SESSION 6: Mergers and Acquisitions
Session Chair: Espen Eckbo, Tuck School of Business, Dartmouth
1:30 - 3:00 pm
Paper 10: Acquisitions, Management, and Efficiency in Rwanda's Coffee Industry
Authors: Rocco Macchiavello, LSE and Ameet Morjaria, Kellogg School of Management, Northwestern University
Presenter: Ameet Morjaria, Kellogg School of Management, Northwestern University
Discussant: Tony Cookson, University of Colorado, Boulder (Click here for Discussant Slides)
Paper 11: Tax Avoidance through Cross-Border Mergers and Acquisitions
Authors: Jean-Marie Meier, University of Texas at Dallas and Jake Smith, University of Texas at Dallas
Presenter: Jean-Marie Meier, University of Texas at Dallas
Discussant: Leslie Robinson, Tuck School of Business, Dartmouth (Click here for Discussant Slides)