Krannert School of ManagementPurdue University

State of Indiana Conference

August 28-29, Purdue University, Krannert School of Management

All conference sessions will be held in the Rawls Building, room RAWL 2070

 

FRIDAY, AUGUST 28, 2009

Session 1

Chairperson: Huseyin Gulen (Purdue University)

2:00-2:50 pm

How does the market value toxic assets?

Authors: Francis A. Longstaff (UCLA) and Brett W. Myers (Purdue University)

Discussant: Craig Holden (Indiana University)

2:50-3:40 pm

Beating the target: A closer look at annual incentive plan

Authors: Daniel Sungyeon Kim (Indiana University) and Jun Yang (Indiana University)

Discussant: Diane Denis (Purdue University)

3:40-4:00 pm

Break

4:00-4:50 pm

An empirical analysis of reverse termination fees in private equity contracts

Authors: Matt Cain (University of Notre Dame), Steven Davidoff (University of Connecticut), and Antonio Macias (Texas Christian University)

Discussant, Eitan Goldman (Indiana University)

 

SATURDAY, AUGUST 29, 2009

Session 2

Chairperson: Seoyoung Kim (Purdue University)

9:00-9:50 am

Tolerance for failure and corporate innovation

Authors: Xuan Tian (Indiana University) and Tracy Y. Wang (University of Minnesota)

Discussant: David Denis (Purdue University)

9:50-10:40 am

Country-specific sentiment and security prices

Authors: Byoung-Hyoun Hwang (Purdue University)

Discussant: Paul Schultz (University of Notre Dame)

10:40-11:00 am

Break

11:00-11:50 am

Passive Shareholders as a Takeover Defense

Authors: Andriy Bodnaruk (University of Notre Dame), Paul Gao (University of Notre Dame), and Hayong Yun (University of Notre Dame)

Discussant: John McConnell (Purdue University)

12:00-1:30 pm

Lunch break

Session 3

Chairperson: Mara Faccio (Purdue University)

2:00-2:50

pm

In search of attention

Authors: Zhi Da (University of Notre Dame), Joseph Engelberg (University of North Carolina at Chapel Hill), and Pengjie Gao (University of Notre Dame)

Discussant: Robert Jennings (Indiana University)

2:50-3:40 pm

Do stock prices move too much to be justified by changes in dividends? Evidence from real estate investment trusts

Authors: Tobias Mühlhofer (Indiana University)  and Andrey Ukhov (Indiana University)

Discussant: Rick Mendenhall (University of Notre Dame)

3:40-4:00 pm

Break

4:00-4:50 pm

Compensating executives by insider trading? International evidence

Authors: Jin Xu (Purdue University)

Discussant: Tim Loughran (University of Notre Dame)