Southern California Finance Conference 2015

Southern California Finance Conference

September 25th and 26th, 2015

Friday, September 25th

9:30-9:45 a.m. Participants arrive at CMC, Kravis Center, Third Floor, Board Room #367

(888 Columbia Ave., Claremont, CA 91711)

9:50 a.m. Welcome Remarks

10:00 a.m. PAPER 1: The Impact of Institutions on the Development of Equity Capital Markets

Ivalina Kalcheva, University of California, Riverside

10:25 a.m. Discussant: Christopher Parsons, University of California, San Diego

10:40 a.m. General Discussion

10:50 a.m. BREAK

11:00 a.m. PAPER 2: Credit Rating Inflation and Firm’s Investment Behavior

Chong Huang, University of California, Irvine

11:25 a.m. Discussant: Michael Brennan, University of California, Los Angeles

11:40 a.m. General Discussion

11:50 a.m. Proceed to the Marian Miner Cook Athenaeum for Lunch in the Security Pacific Room

12:00-1:00 p.m. Lunch – Keynote Speaker: Gordon Phillips, University of Southern California

The Need for Industrial Organizational Foundations in Corporate Finance and Asset Pricing

1:30 p.m. PAPER 3: Testing Salience Theory of Risky Choice Using Eye-Tracking Data

Cary Frydman, University of Southern California

1:55 p.m. Discussant: Alison Harris, Claremont McKenna College

2:10 p.m. General Discussion

2:20 p.m. BREAK

2:30 p.m. PAPER 4: Playing Favorites: Conflicts of Interest in Mutual Fund Management

Hai Tran, Loyola Marymount University

2:55 p.m. Discussant: Jongha Lim, Cal State University, Fullerton

3:10 p.m. General Discussion

5:00 p.m. Dinner at Union on Yale, 232 Yale Ave., Claremont, CA 91711

 

Saturday, September 26th

9:30 – 9:45 a.m. Participants arrive at CMC, Kravis Center, Third Floor, Board Room #367

(888 Columbia Ave., Claremont, CA 91711)

9:50 a.m. Welcome Remarks

10:00 a.m. PAPER 1: Are Dividends and Stock Returns Predictable? New Evidence Using M&A Cash Flows

Riccardo Sabbatucci, Ph.D. Student, University of California, San Diego

10:25 a.m. Discussant: Tom Chang, University of Southern California

10:40 a.m. General Discussion

10:50 a.m. BREAK

11:00 a.m. PAPER 2: Networks in Production: Asset Pricing Implications

Bernard Herskovic, University of California, Los Angeles

11:25 a.m. Discussant: Eric Hughson, Claremont McKenna College

11:40 a.m. General Discussion

12:00 p.m. Leave campus for lunch at Walter’s Restaurant, 316 Yale Ave., Claremont, CA 91711

1:45 p.m. Start hike to Mt. Baldy