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30th Annual Global Finance Conference Program

Sessions

Wednesday 14th of June 2023

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Session C01: A subject of disagreements

Session Chair: Hugo Benedetti

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Performance evaluation disagreement: determinants and impact on fund flows

Stéphane Chrétien, Manel Kammoun

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An Inquiry into Hostile Activism The Case of Hedge Funds

Hugo Benedetti, Ehsan Nikbakht, Andrew Spieler

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Retirement and Politics: Identifying the best practices

Robinson Reyes Pena, Mustafa Caglayan, Edward Lawrence

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Externalities of Corporate Political Activism:  Greenhouse Gas Emissions Abroad

Marcos Velazquez, Arun Upadhyay

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Session C02: Pollution

Session Chair: Riccardo Cosenza

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How do Climate Policy Events Shape the Pricing of Carbon in ETS Compliance and Voluntary Carbon Credit Markets?

Riccardo Cosenza, Papa Orgen

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Revisiting the Pollution Haven Hypothesis: the link between FDI and Air pollution in Sub-sahara African countries

Francis Ayensu, Sun Dongying

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The Role of Financing Mechanism in Sustainable Transformation to A Bluer Economy in Australia

Changfa Fu

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The Effect of CEO Compensation on Corporate Sustainability Behavior

Frederique Bouwman, Dennis Bams, Bart Frijns

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Session C03: Valuations

Session Chair: Max Berre

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Which Factors Matter Most?  Can Startup Valuation be Micro-Targeted?

Max Berre

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Business Valuation with ODDS: Odds as a Financial Ratio in Business Valuation Theory

Mark Van Herk

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Inflation and the Relative Price Premium

Yun Joo An - Indiana University, Fotis Grigoris - Indiana University, Preetesh Kantak - Indiana University, Christian Heyerdahl-Larsen - Indiana University

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Session C04: Governments & Regulations

Session Chair: Dan Palmon

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Rethinking the Corporate Tax Base

Dan Palmon

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The influence of e-Government on corruption: a Latin American and Caribbean approach

Mohammad Refakar, Sofia García Gámez, Gilberto Cardenas Cardenas, Alvaro Salas Suárez

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Disappearing Audit Disclosure:  Changes in the Reporting of Critical Audit Matters

Katsiaryna (Kate) Suslava

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The Social Geography of Misconduct

Matias Braun, Santiago Truffa

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Session C05: Everything to do with Real Estate

Session Chair: Andreas Christopoulos

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15 seconds to alpha: Higher frequency risk pricing for commercial real estate securities

Andreas Christopoulos, Joshua Barratt

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Mortgage Default: A Heterogeneous-Agent Model 

Philip Kalikman, Joelle Scally

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Behavioral biases in real estate investment: Developments and the road ahead

Utkarsh Goel, Shailendra Kumar, Akshita Singh

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When Brokerages Restrict Retail Investors, Does the Game Stop?

Adam Reed, Charles Jones, Will Waller, Spencer Andrews

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Session C06: SMEs

Session Chair: Cristina Martina-Sola

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To apply, or not to apply: The role of societal trust in SME financing decisions in the context of economic uncertainty

Anastassia Vilderson, Rebel Cole, Svetlana Kalinnikova

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The effect of collateral on small business rationing of term loans and lines of credit 

Rebel Cole, Marc Cowling, Weixi Liu

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Global market integration: industry level versus country level

Weiping Qin

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Line of credit financing and growth of SMEs: an empirical analysis across 28 European countries

Cristina Martina-Sola – Universidad de Alicante, Ana Mol-Gómez-Vázquez – Universidad de Alicante, Ginés Hernández-Cánovas – Universidad Politécnica de Cartagena

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Session C07: CEO and Board Compensation

Session Chair:

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It is good to be connected – Bank board network and stock returns in India

Shreya Biswas, Grahithaa Sarathy

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Is Bank CEO Pay Sensitive to Operational Risk Event Announcements?

Kevin Amess, Ahmed Barakat, Anna Chernobai, Hurvashee Gya

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Does Board Compensation Matter?

Ankur Paliwal, Rama Seth, Vishwanath SR

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Signaling or Tunneling: Dividend Policies of Chinese ADRs Listed in the US

Kevin Zhao - Middle Tennessee State University

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Value Relevance of corporate hedging practices in the Indian Manufacturing Sector

Shailendra Kumar, Jyoti Prakash Das, Utkarsh Goel

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Session C08: Investing

Session Chair:

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A sceptical appraisal of Industry-Specific Return Predictability

Jochen Lawrenz, Mauricio Praxmarer, Nicolas Richtmann

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How quickly do investors react to analyst reports?  Evidence from reports released outside trading hours

Kotaro Miwa

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The role of intellectual and social capital in funding businesses: a cross-country analysis

Samuel Mongrut, Luis Berggrun, Klender Cprtez, Martha del Pilar Rodríguez - García

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Price Bands and Their Effects on Equity Markets: Evidence from a Natural Experiment

Vladimir Gatchev, Rama Seth, Ajai Singh, Vishwanatha SR

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Customers’ Non-GAAP Disclosures and Suppliers’ Investment Efficiency

Weixiao Wang, Lijuan Zhang, Lingwei Li

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Session C09: Family owned and small business

Session Chair:

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CAN FAMILY FIRMS IN EMERGING MARKETS CREATE VALUE THROUGH DIVESTITURES?

Vikas Mehrotraitas , Rama Seth, Antik Singhal, Vishwanatha SR

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Finding the Right Mix: Impact of Technology on Small Business Lending After Bank Branch Closings

Shuang Wu

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The Zero-leverage policy and family firms

Sonal Kumar, Maher Kooli, Pedram Fardnia

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Reducing Racial Disparities in Consumer Credit: Evidence from Anonymous Loan Applications

Poorya Kabir, Tianyue Ruan

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Session C10: Panel Session: Sustainability, Green Fintech, and Green Real Estate: An Integrated Discussion

Manuchehr Shahrokhi, Nataliya Tkachenko, Ali Parhizgari, Hugo Benedetti, Ehsan Nikbakht, Andrew Spieler

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Session C11: Demographics playing a role in Finance

Session Chair: Katarzyna Schmidt-Jessa

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Firm Location and the Value-Growth Premium

Yifan Chen

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Demographic factors and costumers' bank choice criteria

Katarzyna Schmidt-Jessa

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Why Firms Reincorporate in Delaware

Shahriar Khaksari, Mufaddale Baxamusa, Abu Jalal, Hamid Mehran

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Firm Foreign Activity and the Geography of Exchange Rate Risk

Amir Akbari, Francesca Carrieri

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Session C12: COVID-19: what did it change?

Session Chair: Edgardo Cayon

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Beyond COVID-19 – The New Normal in International Investment and Finance Education

Monzurul Hoque, Nathaly Gal

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Personality and Risk-Perception Profiles with Regard to Subjective Wellbeing and Company Management: A Survey of Corporate Managers during the Covid-19 Pandemic

Adam Szyszka, Marcin Rzeszutek, Szymon Okon

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Financial Literacy and Finance Behaviors in Latin America and its Relationship with the COVID-Pandemic Period

Edgardo Cayon, Julio Sarmiento, Maria Antonieta Collazos, Juan Sebastian Sandoval

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Supply Chain Configurations: Impacts on Risk Preparedness and Pandemic Resilience

Francois Constant, Max Berre 

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Session C13: Investing Methods

Session Chair: Matteo Bagnara

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Clustering-based Sector Investing

Matteo Bagnara, Milad Goodarzi

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Thematic Investing in Mutual Funds

Hasan Zafer Yuksel

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Traditional Capital Investment and Corporate Lobbying

Ryan Whitby, Benjamin Blau, Todd Griffith

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Behavioral Perspective of Electronic Financial Trading: Development and Future Agenda

Utkarsh Goel, Shailendra Kumar, Sayed Mohammad Ali Hasan

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Session C14: Blockchain a new tool in Finance

Session Chair: Paolo Petacchi

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Using  Blockchain to Share Demand Forecasts in a Supply Chain

Paolo Petacchi

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Using Blockchain to enhance Bank Cybersecurity

Krishnan Dandapani, Negar Sangtarash, Hemang Subramanian

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Session C15: New Technologies

Session Chair:

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The Fundamental Value of Art NFTs

Gilbert Fridgen, Kräussl Roman, Papageorgiou Orestis, Tugnetti Alessandro

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Analyzing market reaction to AI narratives in corporate disclosure

Anup Basnet, Galla Salganik-Shoshan

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Portfolio Optimization Combined With Dynamic Covariance Matrix Estimation and Machine Learning

Chang Wang

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Factor endowment and high-quality development of trade: From the perspective of global value chain

Huifang Chen, Jiayu Yuan, Zi Jin

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Cybercrime News and Hedging in an ICAPM Framework

Jiatao Liu, Ian Marsh, Yajun Xiao

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Session C16: Social Finance

Session Chair:

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Governance, environment, and corporate performance: new evidence for civil law countries

Maria Elisabete Neves

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Proposing a Funding Rate for US State Pension Plans

Robinson Reyes Pena

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Informational Economic Transmission between Countries: Learning, Common Factors and Category Thinking

Alejandro Bernales - Universidad de Chile

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Finance and Intelligence: a survey

Nicolas Eber, Patrick Roger, Tristan Roger

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Financial Stability And Public Confidence In Banks: Evidence From Ghana

Francis Ayensu, Sun Dongying

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