Program

9.50–10.00

Opening remarks – Christian Riis Flor

Session 1 Asset Pricing (Chair: Thiago de Oliveira Souza, University of Southern Denmark)

10.00 – 10.45

David Feldman (UNSW Sydney): Fund Flows and Performance under Dynamic Unobservable Managing Ability
Discussant: Hugues Dastarac (Banque de France)

10.45 – 11.30

Christian Skov Jensen (Bocconi University): The Ex Ante Physical Distributions of Individual Stock Returns
Discussant: Chi-Yang Tsou (Hong Kong University of Science and Technology)

11.30 – 12.30

Virtual Lunch (talks and chats possible in break-out rooms)

Session 2 Behavioral Finance (Chair: Steffen Meyer, University of Southern Denmark)

12.30 –13.15

Liang Ma (University of South Carolina): What Drives Closed-End Fund Discounts? Evidence from COVID-19
Discussant: Xin Liu (Renmin University of China)

13.15 – 14.00

Enrichetta Ravina (Federal Reserve Bank of Chicago): Stability and Evolution in Investor Ideology
Discussant: Nic Schaub (WHU)

14.00 – 14.05

Break

 14.05

Welcome and introduction of the keynote speaker by the dean of the faculty Prof. Dr. Jens Ringsmose

14.05 – 15.25

Keynote by David Yermack (NYU | Stern School of Business): Corporate Governance during the COVID Pandemic

15.25 – 15.30

Break

Session 3 Fintech & Corporate Finance (Chair: David Florysiak, University of Southern Denmark)

15.30 – 16.15

Alfred Lehar (University of Calgary): Decentralized Exchanges
Discussant: Donghwa Shin (UNC Chapel Hill, Kenan-Flagler Business School)

16.15 – 17.00

Stefano Pegoraro (University of Notre Dame): Risk Aversion with Nothing to Lose
Discussant: Gustavo Schwenkler (Santa Clara University)

17.00 – 17.05

Break

Session 4 Corporate Finance (Chair: Christian Riis Flor, University of Southern Denmark)

17.05 – 17.50

Thomas Bates (Arizona State University): Workplace Automation and Corporate Financial Policy
Discussant: Maurizio Montone (Utrecht University)

17.50 – 18.35

Paul Decaire (Arizona State University): Discount Rate Uncertainty and Capital Investment
Discussant: Huaizhi Chen (University of Notre Dame)

18.35 – 18.40

Break

Session 5 Governance (Chair: Alexander Schandlbauer, University of Southern Denmark)

18.40 – 19.25

Nadya Malenko (University of Michigan): Board Dynamics over the Startup Life Cycle
Discussant: Tarik Umar (Rice University)

19.25 – 20.10

Roberto Robatto (University of Wisconsin-Madison): Quantitative Easing, Bank Lending, and Competition
Discussant: Sotirios Kokas (University of Essex)

20.10 – 20.15

Closing remarks - Christian Riis Flor

Afterwards

Virtual get together in break out rooms