World Finance Conference

August 1st -3rd, 2022, Turin

Opening Session

Date/Time: 2022-08-01-08:45 09:30(Europe/Rome)
2022-08-01 08:45-09:30 - Rome
2022-08-01 02:45-03:30 - New York
2022-08-01 01:45-02:30 - Mexico city
2022-08-01 16:45-17:30 - Sydney
2022-08-01 14:45-15:30 - Shanghai
2022-08-01 08:45-09:30 - Johannesburg
2022-08-01 12:15-13:00 - Calcutá
2022-08-01 09:45-10:30 - Moscow
2022-08-01 03:45-04:30 - São Paulo
Session: 1-Keynote Speaker - Edward Altman - Professor Emeritus of Finance - NYU Stern

Date/Time: 2022-08-01-09:30 10:30(Europe/Rome)
2022-08-01 09:30-10:30 - Rome
2022-08-01 03:30-04:30 - New York
2022-08-01 02:30-03:30 - Mexico city
2022-08-01 17:30-18:30 - Sydney
2022-08-01 15:30-16:30 - Shanghai
2022-08-01 09:30-10:30 - Johannesburg
2022-08-01 13:00-14:00 - Calcutá
2022-08-01 10:30-11:30 - Moscow
2022-08-01 04:30-05:30 - São Paulo
Session: 2-Coffee Break

Date/Time: 2022-08-01-10:30 11:00(Europe/Rome)
2022-08-01 10:30-11:00 - Rome
2022-08-01 04:30-05:00 - New York
2022-08-01 03:30-04:00 - Mexico city
2022-08-01 18:30-19:00 - Sydney
2022-08-01 16:30-17:00 - Shanghai
2022-08-01 10:30-11:00 - Johannesburg
2022-08-01 14:00-14:30 - Calcutá
2022-08-01 11:30-12:00 - Moscow
2022-08-01 05:30-06:00 - São Paulo
Session: 3-Corporate Governance

Room: 1
Date/Time: 2022-08-01-11:00 12:30(Europe/Rome)
2022-08-01 11:00-12:30 - Rome
2022-08-01 05:00-06:30 - New York
2022-08-01 04:00-05:30 - Mexico city
2022-08-01 19:00-20:30 - Sydney
2022-08-01 17:00-18:30 - Shanghai
2022-08-01 11:00-12:30 - Johannesburg
2022-08-01 14:30-16:00 - Calcutá
2022-08-01 12:00-13:30 - Moscow
2022-08-01 06:00-07:30 - São Paulo
Chair: Tim Adam - Humboldt University (Germany)
Paper: Earnings Expectation and Interactive Discussion with Corporate Insiders
Authors:
Kotaro Miwa - Kyushu University (Japan)
Presenter: Kotaro Miwa - Kyushu University (Japan)

Discussant: Yuanjiawen Li - The University of Edinburgh (United Kingdom)

Paper: Corporate Risk Management around the World
Authors:
Peter MacKay - Hong Kong University of Science & Technology (HKUST) (Hong Kong)
Tim Adam - Humboldt University (Germany)
Chitru Fernando - University of Oklahoma (United States)
Sasidaran Gopalan - United Arab Emirates University (United Arab Emirates)
Presenter: Tim Adam - Humboldt University (Germany)

Discussant: Sergey Tsyplakov - University of South Carolina (United States)

Paper: The Voice of Retail Investors and Corporate Earnings Quality
Authors:
Bingxuan Lin - University of Rhode Island (United States)
Guilong Cai - Sun Yat-sen University (China)
Rui Lu - Sun Yat-sen University (China)
Yanan Zhang - Sun Ya-sen University (China)
Presenter: Bingxuan Lin - University of Rhode Island (United States)

Discussant: Emanuele Teti - University of Pisa (Italy)

Session: 4-Market Efficiency, Integration and Anomalies

Room: 2
Date/Time: 2022-08-01-11:00 13:00(Europe/Rome)
2022-08-01 11:00-13:00 - Rome
2022-08-01 05:00-07:00 - New York
2022-08-01 04:00-06:00 - Mexico city
2022-08-01 19:00-21:00 - Sydney
2022-08-01 17:00-19:00 - Shanghai
2022-08-01 11:00-13:00 - Johannesburg
2022-08-01 14:30-16:30 - Calcutá
2022-08-01 12:00-14:00 - Moscow
2022-08-01 06:00-08:00 - São Paulo
Chair: Marco Desogus - University of Cagliari - Dept. of Economics and Business Science (Italy)
Paper: Rating measurement of micro enterprises and the collapse of Probability of Default status
Authors:
Marco Desogus - Post Doc and Contract Lecturer of Mathematics, Dept. of Economics - University of Cagliari, Italy. Practitioner: Economist and Credit Financial Advisor. (Italy)
Elisa Casu - Independent Economist - Senior Advisor, Unifidi Sardegna (Italy)
Presenter: Marco Desogus - University of Cagliari - Dept. of Economics and Business Science (Italy)

Discussant: Aya Nasreddine - Université Paris Nanterre (France)

Paper: Information content when real estate funds deviate from benchmarks
Authors:
Aya Nasreddine - Université Paris Nanterre (France)
Veasna Khim - Université de Lorraine (France)
Hery Razafi tombo - Université de Lorraine (France)
Presenter: Aya Nasreddine - Université Paris Nanterre (France)

Discussant: Hilmi Songur - University of Arizona (United States)

Paper: Expected Randomness: A unifying picture on Believes, Efficiency and Meltdowns
Authors:
Wolfgang Schadner - University of St.Gallen (Switzerland)
Presenter: Wolfgang Schadner - University of St. Gallen (Switzerland)

Discussant: Luca Piras - Università di Cagliari (Italy)

Paper: The heterogeneity of stock prices responses to policy shocks: Evidence from International Data
Authors:
Giulio Maria Giannetti - Kent Business School (United Kingdom)
Presenter: Giulio Maria Giannetti - Kent Business School (United Kingdom)

Discussant: Wolfgang Schadner - University of St. Gallen (Switzerland)

Session: 5-Asset Pricing

Room: 3
Date/Time: 2022-08-01-11:00 13:00(Europe/Rome)
2022-08-01 11:00-13:00 - Rome
2022-08-01 05:00-07:00 - New York
2022-08-01 04:00-06:00 - Mexico city
2022-08-01 19:00-21:00 - Sydney
2022-08-01 17:00-19:00 - Shanghai
2022-08-01 11:00-13:00 - Johannesburg
2022-08-01 14:30-16:30 - Calcutá
2022-08-01 12:00-14:00 - Moscow
2022-08-01 06:00-08:00 - São Paulo
Chair: Francisco Gomes - London Business School (United Kingdom)
Paper: Asset Prices, Global Portfolios, and the International Financial System
Authors:
Maxime Sauzet - Boston University (United States)
Presenter: Maxime Sauzet - Boston University (United States)

Discussant: Valentina Bruno - American University (United States)

Paper: Is Carbon Risk Priced in the Cross-Section of Corporate Bond Returns?
Authors:
Tinghua Duan - IESEG SCHOOL OF MANAGEMENT (France)
Frank Weikai Li - Singapore Management University (Singapore)
Quan Wen - Georgetown University (United States)
Presenter: Tinghua Duan - IESEG School of Management (France)

Discussant: Francisco Gomes - London Business School (United Kingdom)

Paper: Pension Plan Systems and Asset Prices
Authors:
Francisco Gomes - London Business School (United Kingdom)
Nuno Coimbra - Bank of France (France)
Alexander Michaelides - Imperial College (United Kingdom)
Jialu Shen - University of Missouri (United States)
Presenter: Francisco Gomes - London Business School (United Kingdom)

Discussant: Jerome Detemple - Questrom School of Business (United States)

Paper: ESG news, stock volatility and tactical disclosure
Authors:
paola de vincentiis - University of Torino (Italy)
paola de vincentiis - University of Torino (Italy)
Presenter: Paola Vincentiis - University of Torino (Italy)

Discussant: Paul Whelan - Copenhagen Business School (Denmark)

Session: 6-Market Microstructure

Room: 4
Date/Time: 2022-08-01-11:00 13:00(Europe/Rome)
2022-08-01 11:00-13:00 - Rome
2022-08-01 05:00-07:00 - New York
2022-08-01 04:00-06:00 - Mexico city
2022-08-01 19:00-21:00 - Sydney
2022-08-01 17:00-19:00 - Shanghai
2022-08-01 11:00-13:00 - Johannesburg
2022-08-01 14:30-16:30 - Calcutá
2022-08-01 12:00-14:00 - Moscow
2022-08-01 06:00-08:00 - São Paulo
Chair: Michel Robe - University of Illinois at Urbana-Champaign (United States)
Paper: Financial Intermediaries in Periods of Stress: HFTs vs. Manual Electronic & Floor Traders
Authors:
Michel Robe - University of Illinois at Urbana-Champaign (United States)
Vikas Raman - University of Lancaster (United Kingdom)
Pradeep Yadav - University of Oklahoma (United States)
Presenter: Michel Robe - University of Illinois at Urbana-Champaign (United States)

Discussant: Alexis Derviz - Czech National Bank (Czech Republic)

Paper: What Drives International Consumption Risk Sharing? Economic or Financial Integration?
Authors:
Ivan Gufler - Luiss Guido Carli (Italy)
Michael Donadelli - University of Brescia ()
Presenter: Ivan Gufler - Luiss Guido Carli (Italy)

Discussant: Valeria Martinez - Fairfield University (United States)

Paper: The perception of Brexit uncertainty and how it affects markets
Authors:
Christopher Priberny - Deutsche Bundesbank University of Applied Sciences (Germany)
Christian Kreuzer - University of Regensburg (Germany)
Johannes Huther - Deutsche Bundesbank (Germany)
Presenter: Christopher Priberny - Deutsche Bundesbank University of Applied Sciences (Germany)

Discussant: Robert Mefford - University of San Francisco (United States)

Paper: Impact of Trading Hours Extensions on Foreign Exchange Volatility: Intraday Evidence from the Moscow Exchange
Authors:
Michael Frömmel - Ghent University (Belgium)
Eyüp Kadioglu - Ghent University (Belgium)
Presenter: Michael Frömmel - Ghent University (Belgium)

Discussant: Ivan Gufler - Luiss Guido Carli (Italy)

Session: 7-Behavior Finance

Room: 5
Date/Time: 2022-08-01-11:00 12:30(Europe/Rome)
2022-08-01 11:00-12:30 - Rome
2022-08-01 05:00-06:30 - New York
2022-08-01 04:00-05:30 - Mexico city
2022-08-01 19:00-20:30 - Sydney
2022-08-01 17:00-18:30 - Shanghai
2022-08-01 11:00-12:30 - Johannesburg
2022-08-01 14:30-16:00 - Calcutá
2022-08-01 12:00-13:30 - Moscow
2022-08-01 06:00-07:30 - São Paulo
Chair: Sofia Brito Ramos - ESSEC Business School (France)
Paper: Retirement and Politics: Identifying the best practices
Authors:
Robinson Reyes Pena - Florida International University (United States)
Mustafa Caglayan - Florida International University (United States)
Edward Lawrence - Florida International University (United States)
Presenter: Robinson Reyes - Florida International University (United States)

Discussant: Evangelos Vagenas-Nanos - University of Glasgow (United Kingdom)

Paper: Is it really not about the money? Individual Investors' Beliefs, Ambiguity Perceptions, and Norm-following Propensities in ESG Investing
Authors:
Bin Dong - Maastricht University (Netherlands)
Peiran Jiao - Maastricht University (Netherlands)
Rob Bauer - Maastricht University (Netherlands)
Presenter: Bin Dong - Maastricht University (Netherlands)

Discussant: Sofia Brito Ramos - ESSEC Business School (France)

Paper: Business groups and herding behavior during the COVID-19 pandemic
Authors:
Christian Espinosa - Universidad de Santiago de Chile (Chile)
Carlos Maquieira - Pontificia Universidad Católica del Perú (Peru)
João Vieito - Polytechcnic Institute of Viana do Castelo (Portugal)
Presenter: João Vieito - Polytechnic Institute of Viana do Castelo and WFC (Portugal)

Discussant: Nikiforos Laopodis - The American College of Greece (Greece)

Session: 8-Small Business Finance

Room: 6
Date/Time: 2022-08-01-11:00 12:30(Europe/Rome)
2022-08-01 11:00-12:30 - Rome
2022-08-01 05:00-06:30 - New York
2022-08-01 04:00-05:30 - Mexico city
2022-08-01 19:00-20:30 - Sydney
2022-08-01 17:00-18:30 - Shanghai
2022-08-01 11:00-12:30 - Johannesburg
2022-08-01 14:30-16:00 - Calcutá
2022-08-01 12:00-13:30 - Moscow
2022-08-01 06:00-07:30 - São Paulo
Chair: Ruoran Zhao - University of Edinburgh (United Kingdom)
Paper: An empirical analysis of the role of crowdfunding in entrepreneurial finance in Africa?
Authors:
Lenny Mamaro - University of South Africa (South Africa)
Presenter: Lenny Mamaro - University of South Africa (South Africa)

Discussant: Donia Trabelsi - Institut Mines-Télécom Business School (France)

Paper: Female-dominated SMEs in the Covid-19 Pandemic: Do Government Policies Mitigate Gender Gap?
Authors:
Ruoran Zhao - the University of Edinburgh (United Kingdom)
Presenter: Ruoran Zhao - University of Edinburgh (United Kingdom)

Discussant: Xinyue Cai - Leeds University Business School (United Kingdom)

Paper: The Impact of VC Financing: Evidence from VC-Backed vs. Non-VC-Backed Firms, and the Probability to Go Public
Authors:
Samuele Guido Sozzani - University of Sassari (Italy)
Andrea Carosi - University of Sassari (Italy)
Presenter: Samuele Sozzani - University of Sassari (Italy)

Discussant: Nikolas Milonas - National and Kapodistrian University of Athenas (Greece)

Session: 9-Investments

Room: 7
Date/Time: 2022-08-01-11:00 13:00(Europe/Rome)
2022-08-01 11:00-13:00 - Rome
2022-08-01 05:00-07:00 - New York
2022-08-01 04:00-06:00 - Mexico city
2022-08-01 19:00-21:00 - Sydney
2022-08-01 17:00-19:00 - Shanghai
2022-08-01 11:00-13:00 - Johannesburg
2022-08-01 14:30-16:30 - Calcutá
2022-08-01 12:00-14:00 - Moscow
2022-08-01 06:00-08:00 - São Paulo
Chair: Adam Marszk - Gdansk University of Technology (Poland)
Paper: Impact of FDI flows on Domestic Investment: Evidence from Emerging economies
Authors:
Surbhi Gupta - IIT Delhi (India)
Surendra Singh Yadav - IIT Delhi (India)
Pramod Kumar Jain - IIT Delhi (India)
Presenter: Surbhi Gupta - IIT Delhi (India)

Discussant: Sophia Kazinnik - Federal Reserve Board of Richmond (United States)

Paper: Adoption Determinants of Sustainable investing Exchange-Traded Funds in Europe
Authors:
Adam Marszk - Gdansk University of Technology (Poland)
Ewa Lechman - Gdansk University of Technology (Poland)
Presenter: Adam Marszk - Gdansk University of Technology (Poland)

Discussant: Nilanjana Chakraborty - Independent Researcher (India)

Paper: Survivorship and Delisting Bias in Cryptocurrency Markets
Authors:
Luca Liebi - University of St. Gallen (Switzerland)
Tom Burdorf - University of St. Gallen (Switzerland)
Manuel Ammann - University of St. Gallen (Switzerland)
Sebastian Stöckl - University of Liechtenstein (Liechtenstein)
Presenter: Tom Burdorf - University of St.Gallen (Switzerland)

Discussant: Michal Bernardelli - SGH Warsaw School of Economics (Poland)

Paper: M&A and Cybersecurity Risk: Empirical Evidence
Authors:
Gabriele Lattanzio - Nazarbayev University (Kazakhstan)
Jerome Taillard - Babson College (United States)
Presenter: Gabriele Lattanzio - Nazarbayev University (Kazakhstan)

Discussant: Kristina Lalova - University of Connecticut (United States)

Session: 10-Ethical and Socially Responsible Investments

Room: 8
Date/Time: 2022-08-01-11:00 13:00(Europe/Rome)
2022-08-01 11:00-13:00 - Rome
2022-08-01 05:00-07:00 - New York
2022-08-01 04:00-06:00 - Mexico city
2022-08-01 19:00-21:00 - Sydney
2022-08-01 17:00-19:00 - Shanghai
2022-08-01 11:00-13:00 - Johannesburg
2022-08-01 14:30-16:30 - Calcutá
2022-08-01 12:00-14:00 - Moscow
2022-08-01 06:00-08:00 - São Paulo
Chair: Antonio Della Bina - University of Bologna (Italy)
Paper: Corporate social responsibility and insider horizon
Authors:
Chelsea Yao - Lancaster University Management School (United Kingdom)
Mark Shackleton - Lancaster University Management School (United Kingdom)
Ziruo Zuo - Lancaster University Management School (United Kingdom)
Presenter: Chelsea Yaqiong Yao - Lancaster University Management School (United Kingdom)

Discussant: Bram van der Kroft - Maastricht University (Netherlands)

Paper: Guns and Kidneys: How Transplant Tourism Finances Global Conflict
Authors:
Alison Schultz - University of Mannheim (Germany)
Presenter: Alison Schultz - University of Mannheim (Germany)

Discussant: Antonio Della Bina - University of Bologna (Italy)

Paper: Inflated ESG ratings through socially responsible investing: An inverse relation to sustainable performance
Authors:
Bram van der Kroft - Maastricht University (Netherlands)
Dennis Bams - Maastricht University (Netherlands)
Presenter: Bram van der Kroft - Maastricht University (Netherlands)

Discussant: Philippe van der Beck - EPFL (Switzerland)

Paper: Board Responsibility for Irresponsibility: The Influence of Board Structure on Corporate Scandals.
Authors:
Christian Kreuzer - University of Regensburg (Germany)
Gregor Dorfleitner - University of Regensburg (Germany)
Presenter: Christian Kreuzer - University of Regensburg (Germany)

Discussant: Nahum Biger - University of Haifa (Israel)

Session: 11-Corporate Finance

Room: 9
Date/Time: 2022-08-01-11:00 12:30(Europe/Rome)
2022-08-01 11:00-12:30 - Rome
2022-08-01 05:00-06:30 - New York
2022-08-01 04:00-05:30 - Mexico city
2022-08-01 19:00-20:30 - Sydney
2022-08-01 17:00-18:30 - Shanghai
2022-08-01 11:00-12:30 - Johannesburg
2022-08-01 14:30-16:00 - Calcutá
2022-08-01 12:00-13:30 - Moscow
2022-08-01 06:00-07:30 - São Paulo
Chair: Frank Coggins - Université de Sherbrooke (Canada)
Paper: Do Anglo-Saxons affect corporate policies?
Authors:
Christophe Volonté - University of Basel (Switzerland)
Presenter: Christophe Volonté - University of Basel (Switzerland)

Discussant: Tapiwa Muzata - University of South Africa (South Africa)

Paper: Risk-avoiding incentives and director compensation: Evidence from Spanish listed firms
Authors:
David Toscano - University of Huelva (Spain)
Olga Fullana - Universiy of Valencia (Spain)
Musa Mangena - University of Nottingham (United Kingdom)
Alba M. Priego - Unversity of Huelva (Spain)
Presenter: David Toscano Pardo - Huelva University (Spain)

Discussant: Vincent Tena - Université Paris Dauphine (France)

Paper: ENVIRONMENTAL PERFORMANCE RATINGS VERSUS CREDIT RATINGS IN ENVIRONMENTAL RISK MANAGEMENT
Authors:
Amos Sodjahin - Université de Moncton (Canada)
Claudia Champagne - Université de Sherbrooke (Canada)
Frank Coggins - Université de Sherbrooke (Canada)
Presenter: Frank Coggins - Université de Sherbrooke (Canada)

Discussant: David Toscano Pardo - Huelva University (Spain)

Session: 12-Lunch

Date/Time: 2022-08-01-12:30 13:30(Europe/Rome)
2022-08-01 12:30-13:30 - Rome
2022-08-01 06:30-07:30 - New York
2022-08-01 05:30-06:30 - Mexico city
2022-08-01 20:30-21:30 - Sydney
2022-08-01 18:30-19:30 - Shanghai
2022-08-01 12:30-13:30 - Johannesburg
2022-08-01 16:00-17:00 - Calcutá
2022-08-01 13:30-14:30 - Moscow
2022-08-01 07:30-08:30 - São Paulo
Session: 13-Asset Pricing - VIRTUAL

Room: Virtual
Date/Time: 2022-08-01-12:30 14:30(Europe/Rome)
2022-08-01 12:30-14:30 - Rome
2022-08-01 06:30-08:30 - New York
2022-08-01 05:30-07:30 - Mexico city
2022-08-01 20:30-22:30 - Sydney
2022-08-01 18:30-20:30 - Shanghai
2022-08-01 12:30-14:30 - Johannesburg
2022-08-01 16:00-18:00 - Calcutá
2022-08-01 13:30-15:30 - Moscow
2022-08-01 07:30-09:30 - São Paulo
Chair: Thi Kieu Hoa Phan - RMIT University (Australia)
Paper: Reading the Market ? - Experimental Evidence
Authors:
Jiaoying Pei - Nanyang Technological University (Singapore)
Jichuan Zong - Dongbei University of Finance and Economics (China)
Sascha Füllbrunn - Radboud University (Netherlands)
Te Bao - Nanyang Technological University (Singapore)
Presenter: Jiaoying Pei - Nanyang Technological University (Singapore)

Discussant: Aizhan Anarkulova - The University of Arizona (United States)

Paper: Herding in Australian financial market: The roles of stock liquidity, public information and mood contagion
Authors:
Quang Thien Tran - Faculty of Public Relations and Communication, Van Lang university (Vietnam)
Nhan Huynh - Macquarie Business School, Macquarie University (Australia)
Dat Nguyen - Actuarial and Strategy Department, Sun Life Vietnam (Vietnam)
Presenter: Nhan Huynh - Department of Applied Finance, Macquarie Business School, Macquarie University (Australia)

Discussant: Feng Sun - South China Normal University (China)

Paper: Fund Concentration, Motivations, and Performance
Authors:
Thi Kieu Hoa Phan - RMIT University (Australia)
On Kit Tam - RMIT University (Australia)
Xiaolu Hu - RMIT University (Australia)
Presenter: Thi Kieu Hoa Phan - RMIT University (Australia)

Discussant: Jiaoying Pei - Nanyang Technological University (Singapore)

Paper: The Risk-Return Tradeoff: Evidence from a Broad Sample of Developed Markets
Authors:
Aizhan Anarkulova - University of Arizona (United States)
Presenter: Aizhan Anarkulova - The University of Arizona (United States)

Discussant: Thi Kieu Hoa Phan - RMIT University (Australia)

Session: 14-Corporate Finance - VIRTUAL

Room: Virtual
Date/Time: 2022-08-01-12:30 14:30(Europe/Rome)
2022-08-01 12:30-14:30 - Rome
2022-08-01 06:30-08:30 - New York
2022-08-01 05:30-07:30 - Mexico city
2022-08-01 20:30-22:30 - Sydney
2022-08-01 18:30-20:30 - Shanghai
2022-08-01 12:30-14:30 - Johannesburg
2022-08-01 16:00-18:00 - Calcutá
2022-08-01 13:30-15:30 - Moscow
2022-08-01 07:30-09:30 - São Paulo
Chair: Yancheng Qiu - Hong Kong University of Science and Technology (Hong Kong)
Paper: Do State Tax Changes Affect Corporate Tax Aggressiveness U.S. Evidence
Authors:
Hao Shen - Illinois Institute of Technology (United States)
Presenter: Hao Shen - Illinois Institute of Technology (United States)

Discussant: Mohd Merajuddin Inamdar - National Institute Of Securities Markets (India)

Paper: Innovations in Bankruptcy Financing: Rights Offerings in Chapter 11
Authors:
Gunjan Seth - London Business School (United Kingdom)
Presenter: Gunjan Seth - London Business School (United Kingdom)

Discussant: Artem Joukov - University of Texas at Dallas (United States)

Paper: Internal Control and Firm Value: Evidence from China
Authors:
Mutian Sun - Coventry University (China)
Jun Wang - Coventry University (China)
Presenter: Mutian Sun - Coventry University (United Kingdom)

Discussant: Anjali Srivastava - Indian Institute of Management Ranchi (India)

Paper: Foreign Debt, Exchange Rate Exposure, and Corporate Distress
Authors:
Yancheng Qiu - Hong Kong University of Science and Technology (Hong Kong)
Presenter: Yancheng Qiu - Hong Kong University of Science and Technology (Hong Kong)

Discussant: Jun Wang - Coventry University (United Kingdom)

Session: 15-Risk Measures and Asset Pricing - VIRTUAL

Room: Virtual
Date/Time: 2022-08-01-12:30 14:30(Europe/Rome)
2022-08-01 12:30-14:30 - Rome
2022-08-01 06:30-08:30 - New York
2022-08-01 05:30-07:30 - Mexico city
2022-08-01 20:30-22:30 - Sydney
2022-08-01 18:30-20:30 - Shanghai
2022-08-01 12:30-14:30 - Johannesburg
2022-08-01 16:00-18:00 - Calcutá
2022-08-01 13:30-15:30 - Moscow
2022-08-01 07:30-09:30 - São Paulo
Chair: Yao Ge - Xiamen University (China)
Paper: Connectedness between stock exchanges: VAR and Spillover approach
Authors:
Abhinay Jaga Prasad Seth - Indian Institute of Management Indore (India)
Kousik Guhathakurta - Indian Institute of Management Indore (India)
Presenter: Abhinay Seth - Indian Institute of Management Indore (India)

Discussant: Darine Marouf - Universidade de Santiago de Compostela (Spain)

Paper: DOES MORE INFORMATION LEAD TO LOWER MODEL RISK IN CREDIT MODELS?
Authors:
Valter Takuo Yoshida Junior - FGV / Banco Central do Brasil (Brazil)
Rafael Schiozer - FGV (Brazil)
Alan De Genaro - FGV (Brazil)
Toni Ricardo E. dos Santos - Banco Central do Brasil (Brazil)
Presenter: Valter T Yoshida Junior - EAESP/FGV (Brazil)

Discussant: Yu-Ming Lu - National Taiwan University (Taiwan)

Paper: Collateral choice
Authors:
Benedikt Ballensiefen - University of St. Gallen (United States)
Presenter: Benedikt Ballensiefen - University of St. Gallen and World Bank Group (United States)

Discussant: Ye Qian - Temple University (United States)

Paper: Local Labor Market and the Cross Section of Stock Returns
Authors:
Yao Ge - Xiamen University (China)
Zheng Qiao - Xi'an Jiaotong University (China)
Hao Zheng - Deakin University (Australia)
Presenter: Yao Ge - Xiamen University (China)

Discussant: Valter T Yoshida Junior - EAESP/FGV (Brazil)

Session: 16-Investments

Room: 1
Date/Time: 2022-08-01-13:30 15:00(Europe/Rome)
2022-08-01 13:30-15:00 - Rome
2022-08-01 07:30-09:00 - New York
2022-08-01 06:30-08:00 - Mexico city
2022-08-01 21:30-23:00 - Sydney
2022-08-01 19:30-21:00 - Shanghai
2022-08-01 13:30-15:00 - Johannesburg
2022-08-01 17:00-18:30 - Calcutá
2022-08-01 14:30-16:00 - Moscow
2022-08-01 08:30-10:00 - São Paulo
Chair: David Happersberger - Lancaster University Management School (United Kingdom)
Paper: Risk measures based on behavioral certainty equivalents
Authors:
Paul Symann - University of Trier (Germany)
Presenter: Paul Symann - University of Trier (Germany)

Discussant: Atul Saxena - Georgia Gwinnett College (United States)

Paper: Are sophisticated investors less likely to sell winners?
Authors:
Kamran Quddus - IIM Ranchi (India)
Presenter: Kamran Quddus - IIM Ranchi (India)

Discussant: Federico Nardari - University of Melbourne (Australia)

Paper: Combining expected shortfall and value-at-risk forecasts using machine learning techniques
Authors:
David Happersberger - Lancaster University Management School (United Kingdom)
Harald Lohre - Robeco (Germany)
Ingmar Nolte - Lancaster University Management School (United Kingdom)
Maximilian Stroh - Quoniam Asset Management (Germany)
Presenter: David Happersberger - Lancaster University Management School (United Kingdom)

Discussant: Luca Coraggio - University of Naples Federico II (Italy)

Session: 17-Corpoarate Governance - Boards

Room: 2
Date/Time: 2022-08-01-13:30 15:00(Europe/Rome)
2022-08-01 13:30-15:00 - Rome
2022-08-01 07:30-09:00 - New York
2022-08-01 06:30-08:00 - Mexico city
2022-08-01 21:30-23:00 - Sydney
2022-08-01 19:30-21:00 - Shanghai
2022-08-01 13:30-15:00 - Johannesburg
2022-08-01 17:00-18:30 - Calcutá
2022-08-01 14:30-16:00 - Moscow
2022-08-01 08:30-10:00 - São Paulo
Chair: Francesco Celentano - University of Lausanne and Swiss Finance Institute (Switzerland)
Paper: Speaking With One Voice: Shareholder Collaboration on Activism
Authors:
Shaoting Pi - University of Cambridge (United Kingdom)
Presenter: Shaoting Pi - Iowa State University (United States)

Discussant: Carmen Gallucci - University of Salerno (Italy)

Paper: Can Corporate Culture Increase Women Board Representation and Enhance Firm Value?
Authors:
David Carter - Oklahoma State University (United States)
Corey Shank - Miami University (United States)
Presenter: David Carter - Oklahoma State University (United States)

Discussant: Christophe Volonté - University of Basel (Switzerland)

Paper: How do Independent Boards Affect Shareholder Value? Evidence from a Structural Estimation
Authors:
Francesco Celentano - University of Lausanne and Swiss Finance Institute (Switzerland)
Presenter: Francesco Celentano - University of Lausanne and Swiss Finance Institute (Switzerland)

Discussant: William Megginson - University of Oklahoma (United States)

Paper: Economic policy uncertainty, insider trading, and accounting profits/losses
Authors:
Tianshu Ma - University of Manchester (United Kingdom)
Wei Jiang - University of Manchester (United Kingdom)
Nuno Soares - University of Porto (Portugal)
Presenter: Tianshu Ma - University of Manchester (United Kingdom)

Discussant: Mariusz Próchniak - SGH Warsaw School of Economics (Poland)

Session: 18-Market Efficiency, Integration and Anomalies

Room: 3
Date/Time: 2022-08-01-13:30 15:00(Europe/Rome)
2022-08-01 13:30-15:00 - Rome
2022-08-01 07:30-09:00 - New York
2022-08-01 06:30-08:00 - Mexico city
2022-08-01 21:30-23:00 - Sydney
2022-08-01 19:30-21:00 - Shanghai
2022-08-01 13:30-15:00 - Johannesburg
2022-08-01 17:00-18:30 - Calcutá
2022-08-01 14:30-16:00 - Moscow
2022-08-01 08:30-10:00 - São Paulo
Chair: Murat Mazibas - University of Dundee (United Kingdom)
Paper: Trading Gold Silver Ratio with Machine Learning Algorithms
Authors:
MURAT MAZIBAS - University of Dundee School of Business (United Kingdom)
Presenter: Murat Mazibas - University of Dundee (United Kingdom)

Discussant: Marco Corazza - Ca' Foscari University of Venice (Italy)

Paper: How do Equity Investors React to Green Bond Announcements? Exploring and Predicting Abnormal Returns using Artificial Neural Networks
Authors:
Darren Shannon - University of Limerick (Ireland)
Presenter: Darren Shannon - University of Limerick (Ireland)

Discussant: Mennatallah Balbaa - LMU Munich (Germany)

Paper: The Impact of different Financial Intermediaries on Housing Market Cycles
Authors:
Julia Braun - University of Hohenheim (Germany)
Hans-Peter Burghof - University of Hohenheim (Germany)
Dag Einar Sommervoll - NTNU Trondheim Business School (Norway)
Julius Langer - University of Hohenheim (Germany)
Presenter: Julia Braun - University Of Hohenheim (Germany)

Discussant: Nayef Alabdulwahed - Capital Market Authority (Saudi Arabia)

Session: 19-International Finance

Room: 4
Date/Time: 2022-08-01-13:30 15:30(Europe/Rome)
2022-08-01 13:30-15:30 - Rome
2022-08-01 07:30-09:30 - New York
2022-08-01 06:30-08:30 - Mexico city
2022-08-01 21:30-23:30 - Sydney
2022-08-01 19:30-21:30 - Shanghai
2022-08-01 13:30-15:30 - Johannesburg
2022-08-01 17:00-19:00 - Calcutá
2022-08-01 14:30-16:30 - Moscow
2022-08-01 08:30-10:30 - São Paulo
Chair: James Ang - Florida State University (United States)
Paper: The Impact of Policy Uncertainty on Asset Prices: The Evidence from the U.S.-China Trade Disputes
Authors:
James Ang - Florida State University (United States)
Jingfang Wang - Florida State University (United States)
Presenter: James Ang - Florida State University (United States)

Discussant: Jahangir Sultan - Bentley University (United States)

Paper: Dollar and Exports
Authors:
Valentina Bruno - American University (United States)
Presenter: Valentina Bruno - American University (United States)

Discussant: Fredy Gamboa - Banco de la República (Colombia)

Paper: A circular model for credit risk contagion
Authors:
Prabesh Luitel - IESEG School of Management (France)
Presenter: Prabesh Luitel - IESEG School of Management (France)

Discussant: Elisa Luciano - University of Turin (Italy)

Paper: My Multinational Corporation: What does it mean for companies to do business internationally? Risks and Opportunities
Authors:
Valeria Martinez - Fairfield University (United States)
Presenter: Valeria Martinez - Fairfield University (United States)

Discussant: Niccolò Nirino - University of Turin (Italy)

Session: 20-Banking and Financial Institutions

Room: 5
Date/Time: 2022-08-01-13:30 15:30(Europe/Rome)
2022-08-01 13:30-15:30 - Rome
2022-08-01 07:30-09:30 - New York
2022-08-01 06:30-08:30 - Mexico city
2022-08-01 21:30-23:30 - Sydney
2022-08-01 19:30-21:30 - Shanghai
2022-08-01 13:30-15:30 - Johannesburg
2022-08-01 17:00-19:00 - Calcutá
2022-08-01 14:30-16:30 - Moscow
2022-08-01 08:30-10:30 - São Paulo
Chair: Bert Smoluk - University of Southern Maine (United States)
Paper: Let's Face It: Quantifying the Impact of Nonverbal Communication in FOMC Press Conferences
Authors:
Filippo Curti - Federal Reserve Bank of Richmond (United States)
Sophia Kazinnik - Federal Reserve Bank of Richmond (United States)
Presenter: Sophia Kazinnik - Federal Reserve Board of Richmond (United States)

Discussant: Dr. Hermann Schulte-Mattler - University of Applied Sciences and Arts Dortmund (Germany)

Paper: Competition and profit efficiency in Indian banks: A frontier-based parametric analysis
Authors:
Bhavya Srivastava - Department of Management Studies, Indian Institute of Technology Delhi, Vishwakarma Bhawan, Hauz Khas, New Delhi 110016, India (India)
Shveta Singh - Department of Management Studies, Indian Institute of Technology Delhi, Vishwakarma Bhawan, Hauz Khas, New Delhi 110016, India (India)
Sonali Jain - Department of Management Studies, Indian Institute of Technology Delhi, Vishwakarma Bhawan, Hauz Khas, New Delhi 110016, India (India)
Presenter: Bhavya Srivastava - Department of Management Studies, Indian Institute of Technology, Delhi, India (India)

Discussant: Ania Zalewska - University of Bath - Centre for Governance, Regulation and Industrial Strategy; School of Management (United Kingdom)

Paper: Assessing the Impact of Basel III on European Bank Lending
Authors:
Jérémy Pépy - Université Clermont Auvergne-CERDI (France)
Benjamin Williams - Université Clermont Auvergne-CLERMA (France)
Presenter: Jérémy Pépy - CERDI (France)

Discussant: Tomoe Moore - Brunel University (United Kingdom)

Paper: Do Community Banks Play a Role in Housing Bubbles?
Authors:
Bert Smoluk - University of Southern Maine (United States)
Jeffrey DiBartolomeo - University of Southern Maine (United States)
Presenter: Bert Smoluk - University of Southern Maine (United States)

Discussant: Bhavya Srivastava - Department of Management Studies, Indian Institute of Technology, Delhi, India (India)

Session: 21-Corporate Social Responsibility & Ethics

Room: 6
Date/Time: 2022-08-01-13:30 15:00(Europe/Rome)
2022-08-01 13:30-15:00 - Rome
2022-08-01 07:30-09:00 - New York
2022-08-01 06:30-08:00 - Mexico city
2022-08-01 21:30-23:00 - Sydney
2022-08-01 19:30-21:00 - Shanghai
2022-08-01 13:30-15:00 - Johannesburg
2022-08-01 17:00-18:30 - Calcutá
2022-08-01 14:30-16:00 - Moscow
2022-08-01 08:30-10:00 - São Paulo
Chair: Sofia Brito Ramos - ESSEC Business School (France)
Paper: Do ESG investments mitigate ESG controversies? Evidence from international data.
Authors:
Antonio Carlo Francesco Della Bina - University of Bologna (Italy)
Paola Brighi - University of Bologna (Italy)
Valeria Venturelli - University of Modena and Reggio Emilia (Italy)
Presenter: Antonio Della Bina - University of Bologna (Italy)

Discussant: Sushil Sainani - University of Liverpool (United Kingdom)

Paper: Disagreement in mutual fund sustainability labelling
Authors:
Sofia RAMOS - ESSEC Business School (France)
Maria do Céu CORTEZ - U Minho (Portugal)
Florinda SILVA - U Minho (Portugal)
Presenter: Sofia Brito Ramos - ESSEC Business School (France)

Discussant: Costanza Consolandi - University of Siena (Italy)

Paper: Connecting the dots: An integrative framework of CSR antecedents, heterogeneous CSR approaches, and societal and financial performance
Authors:
Dennis Bams - Maastricht University (Netherlands)
Bram van der Kroft - Maastricht University (Netherlands)
Karen Maas - Erasmus University (Netherlands)
Presenter: Bram van der Kroft - Maastricht University (Netherlands)

Discussant: Wentao Li - University of Groningen (Netherlands)

Session: 22-SHARK TANK

Room: 7
Date/Time: 2022-08-01-13:30 15:00(Europe/Rome)
2022-08-01 13:30-15:00 - Rome
2022-08-01 07:30-09:00 - New York
2022-08-01 06:30-08:00 - Mexico city
2022-08-01 21:30-23:00 - Sydney
2022-08-01 19:30-21:00 - Shanghai
2022-08-01 13:30-15:00 - Johannesburg
2022-08-01 17:00-18:30 - Calcutá
2022-08-01 14:30-16:00 - Moscow
2022-08-01 08:30-10:00 - São Paulo
Chair: Robert Faff - University of Queensland Business School (Australia)
Paper: Interconnection Between Market Volatility, Momentum and Reversal
Authors:
Hilal Butt - IBA, Karachi (Pakistan)
Mohsin Sadaqat - IBA, Karachi (Pakistan)
James Kolari - Texas A&M University (United States)
Presenter: Hilal Butt - Institute of Business Administration, Karachi| (Pakistan)

Discussant: - ()

Paper: Corporate governance reforms and analyst forecast accuracy: International evidence
Authors:
Simeng Liu - The Australian National University (Australia)
Kun Wang - The Australian National University (Australia)
Yue Wu - The Australian National University (Australia)
Presenter: Kun Tracy Wang - The Australian National University (Australia)

Discussant: - ()

Paper: Corporate governance, guidance on strategic information, and the ?disclosure bonus?
Authors:
Anna Agapova - Florida Atlantic University (United States)
Nikanor Volkov - Mercer University (United States)
Presenter: Anna Agapova - Florida Atlantic University (United States)

Discussant: - ()

Session: 23-Market Risk and Efficiency

Room: 8
Date/Time: 2022-08-01-13:30 15:00(Europe/Rome)
2022-08-01 13:30-15:00 - Rome
2022-08-01 07:30-09:00 - New York
2022-08-01 06:30-08:00 - Mexico city
2022-08-01 21:30-23:00 - Sydney
2022-08-01 19:30-21:00 - Shanghai
2022-08-01 13:30-15:00 - Johannesburg
2022-08-01 17:00-18:30 - Calcutá
2022-08-01 14:30-16:00 - Moscow
2022-08-01 08:30-10:00 - São Paulo
Chair: Anne Hansen - Federal Reserve Bank of Richmond (United States)
Paper: Decomposing Momentum: Eliminating its Crash Component
Authors:
Pascal Büsing - University of Muenster (Germany)
Hannes Mohrschladt - University of Muenster (Germany)
Susanne Siedhoff - University of Muenster (Germany)
Presenter: Pascal Büsing - University of Muenster (Germany)

Discussant: Stephen Szaura - BI Norwegian School of Business (Norway)

Paper: Predicting Recessions Using VIX-Yield-Curve Cycles
Authors:
Anne Hansen - Federal Reserve Bank of Richmond (United States)
Presenter: Anne Hansen - Federal Reserve Bank of Richmond (United States)

Discussant: Samuel Ouzan - NEOMA Business School (France)

Paper: The impact of wind and solar power generation on the level and volatility of wholesale electricity prices in Greece
Authors:
NIKOLAOS MILONAS - NATIONAL AND KAPODISTRIAN UNIVERSITY OF ATHENS (Greece)
GEORGIOS MANIATIS - Foundation for Economic and Industrial Research (Greece)
Presenter: Nikolas Milonas - National and Kapodistrian University of Athenas (Greece)

Discussant: Javier Ruiz - Universidad Castilla-La- Mancha (Spain)

Session: 24-Behavior Finance

Room: 9
Date/Time: 2022-08-01-13:30 15:00(Europe/Rome)
2022-08-01 13:30-15:00 - Rome
2022-08-01 07:30-09:00 - New York
2022-08-01 06:30-08:00 - Mexico city
2022-08-01 21:30-23:00 - Sydney
2022-08-01 19:30-21:00 - Shanghai
2022-08-01 13:30-15:00 - Johannesburg
2022-08-01 17:00-18:30 - Calcutá
2022-08-01 14:30-16:00 - Moscow
2022-08-01 08:30-10:00 - São Paulo
Chair: Nahum Biger - University of Haifa (Israel)
Paper: Human vs. Machine: Disposition Effect among Algorithmic and Human Day-traders
Authors:
Karolis Liaudinskas - Norges bank (Norway)
Presenter: Karolis Liaudinskas - Norges Bank (Norway)

Discussant: Hyung-Eun Choi - NEOMA Business School (France)

Paper: The Value Premium and Investors' Appetite for Risk
Authors:
Nahum Biger - University of Haifa (Israel)
Mahmoud Qadan - University of Haifa (Israel)
Maram Jacob - University of Haifa (Israel)
Presenter: Nahum Biger - University of Haifa (Israel)

Discussant: Kotaro Miwa - Kyushu University (Japan)

Paper: Overnight Returns: Investor Sentiment or Investor Attention?
Authors:
Evangelos Vagenas-Nanos - University of Glasgow (United Kingdom)
Ahmed Prapan - University of Manchester (United Kingdom)
Presenter: Evangelos Vagenas-Nanos - University of Glasgow (United Kingdom)

Discussant: Michel Robe - University of Illinois at Urbana-Champaign (United States)

Session: 25-PHD Tutorial Session - Hybrid
(PHD Toturial)

Room: 10
Date/Time: 2022-08-01-13:30 18:00(Europe/Rome)
2022-08-01 13:30-18:00 - Rome
2022-08-01 07:30-12:00 - New York
2022-08-01 06:30-11:00 - Mexico city
2022-08-01 21:30-02:00 - Sydney
2022-08-01 19:30-00:00 - Shanghai
2022-08-01 13:30-18:00 - Johannesburg
2022-08-01 17:00-21:30 - Calcutá
2022-08-01 14:30-19:00 - Moscow
2022-08-01 08:30-13:00 - São Paulo
Chair: Miroslav Mateev - Abu Dhabi School of Management (United Arab Emirates)
Paper: Consideration of ESG factors in the suitability test: A burden or an opportunity for retail banking in the EU?
Authors:
Weronika Wojturska - University of Warsaw (Poland)
Presenter: Weronika Wojturska - University of Warsaw (Poland)


Paper: Is there a stigma effect of publicly disclosed consumer complaints? The case of insurance
Authors:
Jingxuan Ding - Fudan University (China)
Xian Xu - Fudan University (China)
Hong Zou - University of Hong Kong (China)
Presenter: Jingxuan Ding - Fudan University (China)


Paper: Dynamic comovements between assets in financial markets: A Scientometric Analysis
Authors:
Nini Johana Marín Rodríguez - Universidad de Medellín (Colombia)
Juan David González-Ruiz - Universidad Nacional de Colombia, Sede Medellín (Colombia)
Sergio Botero-Botero - Universidad Nacional de Colombia, Sede Medellín (Colombia)
Presenter: Nini Johana Marin Rodriguez - Universidad de Medellín (Colombia)


Paper: The Effect of Debt Heterogeneity on Firm Performance and Value
Authors:
Elif Korkmaz Orak - Dokuz Eylul University (Turkey)
Presenter: Elif Korkmaz Orak - Dokuz Eylul University (Turkey)


Paper: Mutual Fund Shareholder Letter Tone and Investors? Response ? Does Gender Matter?
Authors:
Linda Klingler - University of Hohenheim (Germany)
Tobias Teichmann - RMC Risk-Management-Consulting GmbH (Germany)
Presenter: Linda Klingler - University of Hohenheim (Germany)


Paper: Golden Eye: How Traders Screen Information
Authors:
Matthias Herrmann-Romero - University of Liechtenstein (Liechtenstein)
Martin Angerer - University of Liechtenstein (Liechtenstein)
Simon Liegl - University of Liechtenstein (Liechtenstein)
Thomas Stöckl - MCI The Entrepreneurial School (Austria)
Presenter: Matthias Herrmann-Romero - University of Liechtenstein (Liechtenstein)


Paper: Not everyone gets sick: Differences in bank performance during the Covid-19 shock.
Authors:
Michael Kueschnig - University of Graz (Austria)
Andrea Schertler - University of Graz (Austria)
Presenter: Michael Kueschnig - University of Graz (Austria)


Paper: Government Interventions and Equity Markets Price Distortions: Evidence from Selected Stock Indexes
Authors:
Carlos Rincon - HSE University (Russia)
Angel Barajas - HSE University (Russia)
Presenter: Carlos Rincon - HSE University (Russia)


Paper: A Tale of Strength or Weakness: Why Startups Become Investors
Authors:
Julian Giessing - Politecnico di Milano (Italy)
Presenter: Julian Giessing - Politecnico di Milano (Italy)


Paper: The Value of Control in Private Companies
Authors:
johan van den cruijce - Vlerick Business School (Belgium)
Presenter: Johan Van den Cruijce - Vlerick Business School (Belgium)


Session: 26-Coffee Break

Date/Time: 2022-08-01-15:00 15:30(Europe/Rome)
2022-08-01 15:00-15:30 - Rome
2022-08-01 09:00-09:30 - New York
2022-08-01 08:00-08:30 - Mexico city
2022-08-01 23:00-23:30 - Sydney
2022-08-01 21:00-21:30 - Shanghai
2022-08-01 15:00-15:30 - Johannesburg
2022-08-01 18:30-19:00 - Calcutá
2022-08-01 16:00-16:30 - Moscow
2022-08-01 10:00-10:30 - São Paulo
Session: 27-Banking & Financial Institutions

Room: 1
Date/Time: 2022-08-01-15:30 17:00(Europe/Rome)
2022-08-01 15:30-17:00 - Rome
2022-08-01 09:30-11:00 - New York
2022-08-01 08:30-10:00 - Mexico city
2022-08-01 23:30-01:00 - Sydney
2022-08-01 21:30-23:00 - Shanghai
2022-08-01 15:30-17:00 - Johannesburg
2022-08-01 19:00-20:30 - Calcutá
2022-08-01 16:30-18:00 - Moscow
2022-08-01 10:30-12:00 - São Paulo
Chair: Khadijah Iddrisu - Simon Diedong Dombo University of Business and Integrated Development Studies (Ghana)
Paper: Application of IFRS 9 in the Portuguese Banking Sector
Authors:
Ângela Vaz - U. VIGO (Portugal)
Adalmiro Pereira - ISCAP P.PORTO (Portugal)
Joana Machado - ISCAP P.PORTO (Portugal)
Presenter: Ângela Vaz - U. VIGO and ISCAP P.Porto (Portugal)

Discussant: Godfrey Marozva - University of South Africa (South Africa)

Paper: Evaluating nonmonotonic effects of IT capital on sectoral efficiency: Parametric evidence from commercial banks in BRICS
Authors:
Navendu Prakash - Department of Management Studies, Indian Institute of Technology, Delhi (India)
Shveta Singh - Department of Management Studies, Indian Institute of Technology, Delhi (India)
Seema Sharma - Department of Management Studies, Indian Institute of Technology, Delhi (India)
Presenter: Navendu Prakash - Department of Management Studies, Indian Institute of Technology, Delhi, India (India)

Discussant: Khadijah Iddrisu - Simon Diedong Dombo University of Business and Integrated Development Studies (Ghana)

Session: 28-Market Efficiency, Integration and Anomalies

Room: 2
Date/Time: 2022-08-01-15:30 17:30(Europe/Rome)
2022-08-01 15:30-17:30 - Rome
2022-08-01 09:30-11:30 - New York
2022-08-01 08:30-10:30 - Mexico city
2022-08-01 23:30-01:30 - Sydney
2022-08-01 21:30-23:30 - Shanghai
2022-08-01 15:30-17:30 - Johannesburg
2022-08-01 19:00-21:00 - Calcutá
2022-08-01 16:30-18:30 - Moscow
2022-08-01 10:30-12:30 - São Paulo
Chair: Yi Liu - University of North Texas (United States)
Paper: Re-examination of Post Stock Distribution Volatility in the Decimalization Era
Authors:
Hilmi Songur - University of Arizona (United States)
Jason Heavilin - Clarion University (United States)
Presenter: Hilmi Songur - University of Arizona (United States)

Discussant: Yi Liu - University of North Texas (United States)

Paper: Equity Premium Predictability: Combination Forecasts versus Multivariate Regression Predictions
Authors:
Stéphane Chrétien - Laval University (Canada)
Frank Coggins - Université de Sherbrooke (Canada)
Claudia Champagne - Université de Sherbrooke (Canada)
Presenter: Stéphane Chrétien - Laval University (Canada)

Discussant: Genevieve Gauthier - HEC Montreal (Canada)

Paper: Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks
Authors:
Lukas Salcher - University of Liechtenstein (Liechtenstein)
Sebastian Stöckl - University of Liechtenstein (Liechtenstein)
Presenter: Lukas Salcher - University of Liechtenstein (Liechtenstein)

Discussant: Christina Christou - Open University of Cyprus (Cyprus)

Paper: Asymmetric Garch-EVT-Copula Portfolio Optimization of Equity Factors
Authors:
Felipe Tomkowski - Insper (Brazil)
Presenter: Felipe Tomkowski - Insper (Brazil)

Discussant: Prasenjit Chakrabarti - IIM Ranchi (India)

Session: 29-Portfolio Managament and Asset Pricing

Room: 3
Date/Time: 2022-08-01-15:30 17:30(Europe/Rome)
2022-08-01 15:30-17:30 - Rome
2022-08-01 09:30-11:30 - New York
2022-08-01 08:30-10:30 - Mexico city
2022-08-01 23:30-01:30 - Sydney
2022-08-01 21:30-23:30 - Shanghai
2022-08-01 15:30-17:30 - Johannesburg
2022-08-01 19:00-21:00 - Calcutá
2022-08-01 16:30-18:30 - Moscow
2022-08-01 10:30-12:30 - São Paulo
Chair: Jerome Detemple - Questrom School of Business (United States)
Paper: COVID-19 Puzzles: A Resolution
Authors:
Jerome Detemple - Boston University Questrom School of Business (United States)
Tony Berrada - University of Geneva (Switzerland)
Marcel Rindisbacher - Boston University Questrom School of Business (United States)
Presenter: Jerome Detemple - Questrom School of Business (United States)

Discussant: Soheila Malekpourkolbadinejad - King's College London (United Kingdom)

Paper: Where Are the Sophisticated Investors? Evidence From Separate Accounts
Authors:
Valeria Fedyk - London Business School (United Kingdom)
Presenter: Valeria Fedyk - London Business School (United Kingdom)

Discussant: Mira Farka - California State University, Fullerton (United States)

Paper: Crowdsourced Employee Sentiment and Stock Returns
Authors:
Mary Becker - Canisius College (United States)
Zachary McGurk - Canisius College (United States)
Alexander Cardazzi - West Virginia University (United States)
Presenter: Mary Becker - Canisius College (United States)

Discussant: Cristina Rovera - University of Turin (Italy)

Paper: Decoupling between the energy and semiconductor sectors during the pandemic: new evidence from wavelet analysis
Authors:
Mariya Gubareva - ISEG – Lisbon School of Economics & Management, Universidade de Lisboa (Portugal)
Presenter: Mariya Gubareva - ISEG- Lisbon School of Economics & Management, Universidade de Lisboa (Portugal)

Discussant: Hilal Butt - Institute of Business Administration, Karachi| (Pakistan)

Session: 30-Capital Structure and Financial Distress

Room: 4
Date/Time: 2022-08-01-15:30 17:00(Europe/Rome)
2022-08-01 15:30-17:00 - Rome
2022-08-01 09:30-11:00 - New York
2022-08-01 08:30-10:00 - Mexico city
2022-08-01 23:30-01:00 - Sydney
2022-08-01 21:30-23:00 - Shanghai
2022-08-01 15:30-17:00 - Johannesburg
2022-08-01 19:00-20:30 - Calcutá
2022-08-01 16:30-18:00 - Moscow
2022-08-01 10:30-12:00 - São Paulo
Chair: Jocelyn Martel - ESSEC Business School (France)
Paper: FIRMS? LEVERAGE ACROSS BUSINESS CYCLES
Authors:
Antonio De Socio - Bank of Italy (Italy)
Presenter: Antonio De Socio - Bank of Italy (Italy)

Discussant: A. Can Inci - Bryant University (United States)

Paper: Auditor litigation risk and capital structure dynamics
Authors:
Anthony Kyiu - Durham University (United Kingdom)
Kwabena Boasiako - The World Bank Group (United States)
Sylvester Adasi Manu - Hong Kong University of Science and Technology (Hong Kong)
Bernard Tawiah - Victoria University of Wellington (New Zealand)
Presenter: Anthony Kyiu - Durham University (United Kingdom)

Discussant: Francesco Celentano - University of Lausanne and Swiss Finance Institute (Switzerland)

Paper: The Role of Institutional Investors in Financial Distress Resolution
Authors:
Jocelyn Martel - ESSEC Business School (France)
Timothy Fisher - University of Sydney (Australia)
Lorenzo Naranjo - Washington University in St-Louis (United States)
Presenter: Jocelyn Martel - ESSEC Business School (France)

Discussant: Dave Ikenberry - University of Colorado Boulder (United States)

Session: 31-Corpofrate Governance and Performances

Room: 5
Date/Time: 2022-08-01-15:30 17:30(Europe/Rome)
2022-08-01 15:30-17:30 - Rome
2022-08-01 09:30-11:30 - New York
2022-08-01 08:30-10:30 - Mexico city
2022-08-01 23:30-01:30 - Sydney
2022-08-01 21:30-23:30 - Shanghai
2022-08-01 15:30-17:30 - Johannesburg
2022-08-01 19:00-21:00 - Calcutá
2022-08-01 16:30-18:30 - Moscow
2022-08-01 10:30-12:30 - São Paulo
Chair: Hong Zhao - NEOMA Business School (France)
Paper: Stimulus Packages and Firm Performance during COVID-19
Authors:
TOMOE MOORE - Brunel University London (United Kingdom)
Presenter: Tomoe Moore - Brunel University (United Kingdom)

Discussant: Joseph Sowah - Xiamen University (China)

Paper: Board gender diversity, industry concentration, and dividends: Empirical evidence from India
Authors:
Samridhi Suman - Department of Management Studies, Indian Institute of Technology Delhi (India)
Shveta Singh - Department of Management Studies, Indian Institute of Technology Delhi (India)
Presenter: Samridhi Suman - Indian Institute of Technology Delhi (India)

Discussant: Praveena Musunuru - Indian Institute of Management Visakhapatnam (India)

Paper: Geographic Matching Between Firm Internationalization and Board Foreignness
Authors:
Hong Zhao - NEOMA Business School (France)
Presenter: Hong Zhao - NEOMA Business School (France)

Discussant: Richard Lord - Montclair State University (United States)

Paper: Not Just a Seat at the Table? The Impact of Female Directors' Inclusion on Firm Performance
Authors:
Mennatallah Balbaa - LMU Munich (Germany)
Désirée-Jessica Pély - LMU Munich (Germany)
Presenter: Mennatallah Balbaa - LMU Munich (Germany)

Discussant: Hong Zhao - NEOMA Business School (France)

Session: 32-Investments

Room: 6
Date/Time: 2022-08-01-15:30 17:30(Europe/Rome)
2022-08-01 15:30-17:30 - Rome
2022-08-01 09:30-11:30 - New York
2022-08-01 08:30-10:30 - Mexico city
2022-08-01 23:30-01:30 - Sydney
2022-08-01 21:30-23:30 - Shanghai
2022-08-01 15:30-17:30 - Johannesburg
2022-08-01 19:00-21:00 - Calcutá
2022-08-01 16:30-18:30 - Moscow
2022-08-01 10:30-12:30 - São Paulo
Chair: Yoram Kroll - Hebrew University and Ono Academic College (Israel)
Paper: How quickly do investors react to analyst reports? Evidence from reports released outside trading hours
Authors:
Kotaro Miwa - Kyushu University (Japan)
Presenter: Kotaro Miwa - Kyushu University (Japan)

Discussant: G Charles-Cadogan - University of Leicester (United Kingdom)

Paper: Analyst Institutional Client Catering and Reputation Tradeoff: Analysts? Strategic Timing of Recommendations
Authors:
Uliana Filatova - Florida Atlantic University (United States)
Anna Agapova - Florida Atlantic University (United States)
Presenter: Uliana Filatova - Florida Atlantic University (United States)

Discussant: Darren Shannon - University of Limerick (Ireland)

Paper: Order Book Liquidity on Crypto Exchanges
Authors:
Marius Gramlich - University of Liechtenstein (Liechtenstein)
Martin Angerer - University of Liechtenstein (Liechtenstein)
Michael Hanke - University of Liechtenstein (Liechtenstein)
Presenter: Marius Lennart Gramlich - University of Liechtenstein (Liechtenstein)

Discussant: Neveen Ahmed - Institute of National Planning and University of Hertfordshire (Egypt)

Paper: Coherent Portfolio Performance Ratios
Authors:
Yoram Kroll Kroll - Ono academic College (OAC) Israel (Israel)
Andrea Marchiano - University of Modena and Reggio Emilia, Italy (Italy)
Moshe Ben-Horin - Ono academic College (OAC) Israel (Israel)
Presenter: Yoram Kroll - Hebrew University and Ono Academic College (Israel)

Discussant: Anne Hansen - Federal Reserve Bank of Richmond (United States)

Session: 33-Corporate Social Responsability & Ethics

Room: 7
Date/Time: 2022-08-01-15:30 17:30(Europe/Rome)
2022-08-01 15:30-17:30 - Rome
2022-08-01 09:30-11:30 - New York
2022-08-01 08:30-10:30 - Mexico city
2022-08-01 23:30-01:30 - Sydney
2022-08-01 21:30-23:30 - Shanghai
2022-08-01 15:30-17:30 - Johannesburg
2022-08-01 19:00-21:00 - Calcutá
2022-08-01 16:30-18:30 - Moscow
2022-08-01 10:30-12:30 - São Paulo
Chair: Hitoshi Takehara - Waseda University (Japan)
Paper: Ambidexterity as a strategy to potentiate firm-related environmental activities: evidence from Portuguese companies
Authors:
Beatriz Lopes Cancela - CEBER - Faculty of Economics University of Coimbra, Portugal (Portugal)
Arnaldo Coelho - CEBER - Faculty of Economics University of Coimbra, Portugal (Portugal)
Maria Elisabete Duarte Neves - Polytechnic of Coimbra, Coimbra Business School Research Centre| ISCAC (Portugal)
Presenter: Maria Elisabete Neves - Polytechnic of Coimbra, Coimbra Business Scholl Research Centre (Portugal)

Discussant: Niccolò Nirino - University of Turin (Italy)

Paper: Why do CEOs donate stock? - CEO stock gifts and voluntary disclosure
Authors:
Seonghee Han - Pennsylvania State University at Abington (United States)
Ki Kyung Song - West Chester University (United States)
Eun Young (Sally) Whang - Pennsylvania State University at Abington (United States)
Presenter: Seonghee Han - Pennsylvania State University - Abington College (United States)

Discussant: SANJUKTA BRAHMA - Glasgow Caledonian University (United Kingdom)

Paper: Credit Ratings and Corporate ESG Policies: Evidence from Sovereign Downgrades
Authors:
Sushil Sainani - University of Liverpool (United Kingdom)
Chris Florackis - University of Liverpool (United Kingdom)
Periklis Boumparis - University of Newcastle (United Kingdom)
Presenter: Sushil Sainani - University of Liverpool (United Kingdom)

Discussant: Hitoshi Takehara - Waseda University (Japan)

Paper: Diversity in the Workplace, Work-life Balance, and Organizational Productivity: Role of Innovation Capability
Authors:
Hitoshi Takehara - Waseda University (Japan)
Megumi Suto - Waseda University (Japan)
Presenter: Hitoshi Takehara - Waseda University (Japan)

Discussant: Bin Dong - Maastricht University (Netherlands)

Session: 34-Mutual Funds, Closed- End Funds and ETFs

Room: 8
Date/Time: 2022-08-01-15:30 17:30(Europe/Rome)
2022-08-01 15:30-17:30 - Rome
2022-08-01 09:30-11:30 - New York
2022-08-01 08:30-10:30 - Mexico city
2022-08-01 23:30-01:30 - Sydney
2022-08-01 21:30-23:30 - Shanghai
2022-08-01 15:30-17:30 - Johannesburg
2022-08-01 19:00-21:00 - Calcutá
2022-08-01 16:30-18:30 - Moscow
2022-08-01 10:30-12:30 - São Paulo
Chair: Vaesna Khim - Université de Lorraine (France)
Paper: Flow-Driven ESG Returns
Authors:
Philippe van der Beck - École Polytechnique Fédérale de Lausanne (Switzerland)
Presenter: Philippe van der Beck - EPFL (Switzerland)

Discussant: Monika Dahiya - IIT Delhi (India)

Paper: Technological, healthcare and consumer funds efficiency: influence of Covid -19
Authors:
Maria Neves - Polytechnic Institute of Coimbra|Coimbra Business School|ISCAC & University of Trás-os-Montes and Alto Douro|CETRAD (Portugal)
Catarina Proença - Polytechnic Institute of Coimbra|Coimbra Business School|ISCAC (Portugal)
Maria Gouveia - Polytechnic Institute of Coimbra|Coimbra Business School|ISCAC (Portugal)
Mara Madaleno - Aveiro University (Portugal)
Presenter: Maria Gouveia - Polytechnic Institute of Coimbra (Portugal)

Discussant: Yue Xu - Aarhus University (Denmark)

Paper: Confirmation of T+35 Fails-To-Deliver Cycles
Authors:
Daniel Pastorek - Mendel University (Slovakia)
Peter Albrecht - Mendel University (Slovakia)
Michal Drábek - Mendel University (Czech Republic)
Presenter: Daniel Pastorek - Mendel University of Brno (Czech Republic)

Discussant: Vaesna Khim - Université de Lorraine (France)

Session: 35-International Finance

Room: 9
Date/Time: 2022-08-01-15:30 17:30(Europe/Rome)
2022-08-01 15:30-17:30 - Rome
2022-08-01 09:30-11:30 - New York
2022-08-01 08:30-10:30 - Mexico city
2022-08-01 23:30-01:30 - Sydney
2022-08-01 21:30-23:30 - Shanghai
2022-08-01 15:30-17:30 - Johannesburg
2022-08-01 19:00-21:00 - Calcutá
2022-08-01 16:30-18:30 - Moscow
2022-08-01 10:30-12:30 - São Paulo
Chair: Fredy Gamboa - Banco de la República (Colombia)
Paper: Dynamic spillovers across precious metals and energy realized volatilities
Authors:
Juncal Cunado - Universidad de Navarra (Spain)
David Gabauer - Software Competence Center Hagenberg (Austria)
Fernando Perez de Gracia - Universidad de Navarra (Spain)
Ioannis Chatziantoniou - Hellenic Mediterranean University (Greece)
Hardik Marfatia - Northeastern Illinois University (United States)
Presenter: Juncal Cunado - Universidad de Navarra (Spain)

Discussant: Mariya Gubareva - ISEG- Lisbon School of Economics & Management, Universidade de Lisboa (Portugal)

Paper: Eurozone GDP forecasting with micro-data: The role of conditional conservatism
Authors:
Javier Ruiz - Universidad Castila La Mancha (Spain)
Juan M. Nave - Universidad Castila La Mancha (Spain)
Olga Fullana - Universitat de València (Spain)
Presenter: Javier Ruiz - Universidad Castilla-La- Mancha (Spain)

Discussant: Ricardo Pascale - University of the Republic (Uruguay)

Paper: The 2020s, the Decade of ESG Crises: Is Crisis Resilience Associated with ESG Performance?
Authors:
Fanni Dudás - Corvinus University of Budapest (Hungary)
Helena Naffa - Corvinus University of Budapest (Hungary)
Presenter: Fanni Dudás - Corvinus University of Budapest (Hungary)

Discussant: Juncal Cunado - Universidad de Navarra (Spain)

Paper: Modelling CDS Volatility at Different Tenures: An Application for Latin-American Countries
Authors:
Fredy Gamboa - Banco de la República (Colombia)
Jose Vicente Romero - Banco de la República (Colombia)
Presenter: Fredy Gamboa - Banco de la República (Colombia)

Discussant: Prabesh Luitel - IESEG School of Management (France)

Session: 36-Asset Pricing

Room: 1
Date/Time: 2022-08-02-09:00 10:30(Europe/Rome)
2022-08-02 09:00-10:30 - Rome
2022-08-02 03:00-04:30 - New York
2022-08-02 02:00-03:30 - Mexico city
2022-08-02 17:00-18:30 - Sydney
2022-08-02 15:00-16:30 - Shanghai
2022-08-02 09:00-10:30 - Johannesburg
2022-08-02 12:30-14:00 - Calcutá
2022-08-02 10:00-11:30 - Moscow
2022-08-02 04:00-05:30 - São Paulo
Chair: Adam Reed - Kenan-Flagler Business School, UNC (United States)
Paper: Dancing to the Same Tune: Commonality in Securities Lending Fees
Authors:
Spencer Andrews - University of North Carolina at Chapel Hill (United States)
Christian Lundblad - University of North Carolina at Chapel Hill (United States)
Adam Reed - University of North Carolina at Chapel Hill (United States)
Presenter: Adam Reed - Kenan-Flagler Business School, UNC (United States)

Discussant: Stéphane Chrétien - Laval University (Canada)

Paper: Accounting Transparency and the Implied Volatility Skew
Authors:
Stephen Szaura - BI Norwegian School of Business (Norway)
Jan Ericsson - McGill University Desautels Faculty of Management (Canada)
Hitesh Doshi - University of Houston Bauer School of Business (United States)
Fan Yu - Claremont McKenna College (United States)
Presenter: Stephen Szaura - BI Norwegian School of Business (Norway)

Discussant: Adam Reed - Kenan-Flagler Business School, UNC (United States)

Paper: Behavioral Heuristics and the Predictability of Stock Returns
Authors:
Andrei Semenov - York University (Canada)
Oriana Rahman - York University (Canada)
Presenter: Andrei Semenov - York University (Canada)

Discussant: Christian Espinosa - Universidad de Santiago de Chile (Chile)

Session: 37-Market Integration, Segmentation and Efficiency

Room: 2
Date/Time: 2022-08-02-09:00 11:00(Europe/Rome)
2022-08-02 09:00-11:00 - Rome
2022-08-02 03:00-05:00 - New York
2022-08-02 02:00-04:00 - Mexico city
2022-08-02 17:00-19:00 - Sydney
2022-08-02 15:00-17:00 - Shanghai
2022-08-02 09:00-11:00 - Johannesburg
2022-08-02 12:30-14:30 - Calcutá
2022-08-02 10:00-12:00 - Moscow
2022-08-02 04:00-06:00 - São Paulo
Chair: Fabio Moneta - University of Ottawa (Canada)
Paper: Carbon Beta - Carbon Transition Risks in Capital Markets
Authors:
Arthur Friedrich Enders - RWTH Aachen University (Belgium)
Presenter: Arthur Enders - RWTH Aachen (Germany)

Discussant: David Ririmasse - Queen Mary University of London (United Kingdom)

Paper: Following the Crowd: Anomalies and Crowding by Institutional Investors
Authors:
Fabio Moneta - University of Ottawa, Telfer School of Management (Canada)
Renato Lazo-Paz - University of Ottawa, Telfer School of Management (Canada)
Ludwig Chincarini - University of San Francisco (United States)
Presenter: Fabio Moneta - University of Ottawa (Canada)

Discussant: Anna Agapova - Florida Atlantic University (United States)

Paper: Do Mutual Funds beat the markets: A comprehensive study of Indian Equity Mutual Funds in Bull and Bear Phases
Authors:
Hemant Manuj - SPJIMR (India)
Saswat Patra - SPJIMR (India)
Presenter: Saswat Patra - SPJIMR (India)

Discussant: Daniel Pastorek - Mendel University of Brno (Czech Republic)

Paper: Flow-Performance Relationship in the Hedge Fund and CTA Industry and Managers? Features
Authors:
Michael Frömmel - Ghent University (Belgium)
Kobra Ahmadpour - Ghent University (Belgium)
Samuel Vigne - Luiss Business School (Italy)
Presenter: Michael Frömmel - Ghent University (Belgium)

Discussant: Maria Gouveia - Polytechnic Institute of Coimbra (Portugal)

Session: 38-Shark Tank Session - HYBRID

Room: 3
Date/Time: 2022-08-02-09:00 10:30(Europe/Rome)
2022-08-02 09:00-10:30 - Rome
2022-08-02 03:00-04:30 - New York
2022-08-02 02:00-03:30 - Mexico city
2022-08-02 17:00-18:30 - Sydney
2022-08-02 15:00-16:30 - Shanghai
2022-08-02 09:00-10:30 - Johannesburg
2022-08-02 12:30-14:00 - Calcutá
2022-08-02 10:00-11:30 - Moscow
2022-08-02 04:00-05:30 - São Paulo
Chair: Robert Faff - University of Queensland Business School (Australia)
Paper: Contagion between Islamic and Conventional Indices: Sectoral Level Evidence
Authors:
Adnan Aslam - Centre for Financial and Corporate Integrity, Coventry University (United Kingdom)
Mohammad Khaleq Newaz - School of Economics, Finance and Accounting, Coventry University (United Kingdom)
Jin Suk Park - Centre for Financial and Corporate Integrity, Coventry University (United Kingdom)
Daniel Santamaira - Centre for Financial and Corporate Integrity, Coventry University (United Kingdom)
Presenter: Adnan Aslam - Coventry University (United Kingdom)

Discussant: - ()

Paper: Tweeting within and outside of market hours and price discovery
Authors:
Mohamed Al Guindy - Carleton University (Canada)
Presenter: Mohamed Al Guindy - Carleton University (Canada)

Discussant: - ()

Paper: Economic policy uncertainty and IPO underpricing: Evidence from China
Authors:
Tianyi Song - Kobe University (Japan)
Kenji Kutsuna - Kobe University (Japan)
Presenter: Tianyi Song - Kobe University (Japan)

Discussant: - ()

Session: 39-Capital Structure and Cost of Capital

Room: 4
Date/Time: 2022-08-02-09:00 10:30(Europe/Rome)
2022-08-02 09:00-10:30 - Rome
2022-08-02 03:00-04:30 - New York
2022-08-02 02:00-03:30 - Mexico city
2022-08-02 17:00-18:30 - Sydney
2022-08-02 15:00-16:30 - Shanghai
2022-08-02 09:00-10:30 - Johannesburg
2022-08-02 12:30-14:00 - Calcutá
2022-08-02 10:00-11:30 - Moscow
2022-08-02 04:00-05:30 - São Paulo
Chair: Philippe Raimbourg - University Paris 1 Panthéon-Sorbonne (France)
Paper: Overdraft financing and vulnerability during the financial crisis: A survival analysis for European SMEs
Authors:
Ana Mol-Gómez-Vázquez - Universidad de Alicante (Spain)
Ginés Hernández-Cánovas - Universidad Politécnica de Cartagena (Spain)
Cristina Martínez-Sola - Universidad de Alicante (Spain)
Presenter: Ana Mol-Gómez-Vázquez - Universidad de Alicante (Spain)

Discussant: Aktham Al Maghyereh - United Arab Emirates University (United Arab Emirates)

Paper: Optimal Capital Structure when Bond and Asset Correlation is Stochastic
Authors:
Philippe Raimbourg - Université Panthéon-Sorbonne (France)
Paul Zimmermann - IESEG (France)
Presenter: Philippe Raimbourg - University Paris 1 Panthéon-Sorbonne (France)

Discussant: Hamid Boustanifar - EDHEC Business School (France)

Paper: Disentangling sentiment from cyclicality in firm capital structure
Authors:
Haitham AlZoubi - Alfaisal University (Saudi Arabia)
Jennifer O'Sullivan - The University of Southern Mississippi (United States)
Aktham Al-Maghyereh - United Arab Emirates University (United Arab Emirates)
Presenter: Aktham Al Maghyereh - United Arab Emirates University (United Arab Emirates)

Discussant: Ginés Hernández Cánovas - Universidad Politécnica de Cartagena (Spain)

Session: 40-Banking & Financial Institutions

Room: 5
Date/Time: 2022-08-02-09:00 10:30(Europe/Rome)
2022-08-02 09:00-10:30 - Rome
2022-08-02 03:00-04:30 - New York
2022-08-02 02:00-03:30 - Mexico city
2022-08-02 17:00-18:30 - Sydney
2022-08-02 15:00-16:30 - Shanghai
2022-08-02 09:00-10:30 - Johannesburg
2022-08-02 12:30-14:00 - Calcutá
2022-08-02 10:00-11:30 - Moscow
2022-08-02 04:00-05:30 - São Paulo
Chair: Fernando Lichucha - Universidade Eduardo Mondlane (Mozambique)
Paper: Risk-Taking of Financial Intermediaries in a Vertical Setting
Authors:
Stefan Mayer - University of Augsburg (Germany)
Presenter: Stefan Mayer - Universität Augsburg (Germany)

Discussant: Antonio De Socio - Bank of Italy (Italy)

Paper: Liquidity, market discipline, moral hazard and banking crises: The role of deposit insurance
Authors:
Timothée Coulibaly - University Bourgogne Franche Comte (France)
Presenter: Timothée Coulibaly - Université Bourgogne Franche Comte (France)

Discussant: Mehdi Janbaz - University of Udine and University of Trieste (Italy)

Paper: Bankruptcy Prediction Model for the Banking Sector in Mozambique
Authors:
Reis Intupo - Eduardo Mondlane University (Mozambique)
Fernando Lichucha - Eduardo Mondlane University (Mozambique)
Presenter: Fernando Lichucha - Universidade Eduardo Mondlane (Mozambique)

Discussant: Oren Schneorson - Bank of Israel (Israel)

Session: 41-Risk Managemnt

Room: 6
Date/Time: 2022-08-02-09:00 10:30(Europe/Rome)
2022-08-02 09:00-10:30 - Rome
2022-08-02 03:00-04:30 - New York
2022-08-02 02:00-03:30 - Mexico city
2022-08-02 17:00-18:30 - Sydney
2022-08-02 15:00-16:30 - Shanghai
2022-08-02 09:00-10:30 - Johannesburg
2022-08-02 12:30-14:00 - Calcutá
2022-08-02 10:00-11:30 - Moscow
2022-08-02 04:00-05:30 - São Paulo
Chair: Laura Garcia-Jorcano - Universidad de Castilla-La Mancha (Spain)
Paper: Forecasting the climate change risk by sea-level rises using time-varying extreme value analysis
Authors:
Laura Garcia-Jorcano - Universidad de Castilla-La Mancha (Spain)
Lidia Sanchis-Marco - Universidad de Castilla-La Mancha (Spain)
Presenter: Laura Garcia-Jorcano - Universidad de Castilla-La Mancha (Spain)

Discussant: Felix Kunz - University of Innsbruck (Austria)

Paper: Hurricane Risk and Asset Prices
Authors:
Julia Braun - University of St.Gallen (Switzerland)
Alexander Braun - University of St.Gallen (Switzerland)
Florian Weigert - University of Neuchatel (Switzerland)
Presenter: Florian Weigert - University of Neuchâtel (Switzerland)

Discussant: Yoram Kroll - Hebrew University and Ono Academic College (Israel)

Paper: SCR for non-life insurance premium and reserves risk: results based on non-parametric methods for estimating the quantiles of the sum of dependent random variables
Authors:
Anna Denkowska - Cracow University of Economics (Poland)
Krystian Szcz?sny - Cracow University of Economics (Poland)
Stanis?aw Wanat - Cracow University of Economics (Poland)
Presenter: Anna Denkowska - Cracow University of Economics (Poland)

Discussant: Laura Garcia-Jorcano - Universidad de Castilla-La Mancha (Spain)

Session: 42-Corporate Governance

Room: 7
Date/Time: 2022-08-02-09:00 10:30(Europe/Rome)
2022-08-02 09:00-10:30 - Rome
2022-08-02 03:00-04:30 - New York
2022-08-02 02:00-03:30 - Mexico city
2022-08-02 17:00-18:30 - Sydney
2022-08-02 15:00-16:30 - Shanghai
2022-08-02 09:00-10:30 - Johannesburg
2022-08-02 12:30-14:00 - Calcutá
2022-08-02 10:00-11:30 - Moscow
2022-08-02 04:00-05:30 - São Paulo
Chair: William Megginson - University of Oklahoma (United States)
Paper: Corporate Governance, Favoritism and Careers
Authors:
Luca Picariello - University of Naples Federico II, CSEF (Italy)
Marco Pagano - University of Naples Federico II, CSEF, EIEF (Italy)
Presenter: Marco Pagano - University of Naples Federico II, CSEF and EIEF (Italy)

Discussant: Kun Tracy Wang - The Australian National University (Australia)

Paper: On the Role of CEO Incentives in the Allocation of Managerial Efforts to Macroeconomic Fluctuations
Authors:
Jianhua Zhang - University of Gothenburg (Sweden)
Hsin-Hui Chiu - California State University Northridge (United States)
Lars Oxelheim - University of Agder (Norway)
Clas Wihlborg - Chapman University (United States)
Presenter: Jianhua Zhang - University of Gothenburg (Sweden)

Discussant: Tim Adam - Humboldt University (Germany)

Paper: Venture Capitalist Directors and Managerial Incentives
Authors:
William Megginson - University of Oklahoma (United States)
Lubomir Litov - University of Oklahoma (United States)
Xia (Summer) Liu - University of Oklahoma (United States)
Romora Sitorus - Indonesian Ministry of Economic Affairs (Indonesia)
Presenter: William Megginson - University of Oklahoma (United States)

Discussant: Woochan Kim - Korea University Business School (South Korea)

Session: 43-Regulation and Depository Institutions

Room: 8
Date/Time: 2022-08-02-09:00 10:30(Europe/Rome)
2022-08-02 09:00-10:30 - Rome
2022-08-02 03:00-04:30 - New York
2022-08-02 02:00-03:30 - Mexico city
2022-08-02 17:00-18:30 - Sydney
2022-08-02 15:00-16:30 - Shanghai
2022-08-02 09:00-10:30 - Johannesburg
2022-08-02 12:30-14:00 - Calcutá
2022-08-02 10:00-11:30 - Moscow
2022-08-02 04:00-05:30 - São Paulo
Chair: Ania Zalewska - University of Bath - Centre for Governance, Regulation and Industrial Strategy; School of Management (United Kingdom)
Paper: The impact of machine learning and big data on credit markets
Authors:
Ania Zalewska - University of Bath (United Kingdom)
Paul Grout - Bank of England (United Kingdom)
Peter Eccles - Bank of England (United Kingdom)
Paolo Siciliani - Bank of England (United Kingdom)
Presenter: Ania Zalewska - University of Bath - Centre for Governance, Regulation and Industrial Strategy; School of Management (United Kingdom)

Discussant: Oumaima Lahmar - University of Cagliari (Italy)

Paper: Efficiency and bank performance in the MENA before and during the COVID-19 pandemic
Authors:
Miroslav Mateev - Abu Dhabi School of Management (United Arab Emirates)
Tarek Nasr - Abu Dhabi School of Management (United Arab Emirates)
Presenter: Miroslav Mateev - Abu Dhabi School of Management (United Arab Emirates)

Discussant: Uwe Walz - Goethe University Frankfurt (Germany)

Paper: The Shadow Disintermediation and Cost of Risk-sensitive Capital
Authors:
Irem Erten - Warwick Business School (United Kingdom)
Presenter: Irem Erten - Warwick Business School (United Kingdom)

Discussant: Karolis Liaudinskas - Norges Bank (Norway)

Session: 44-Corporate Finance

Room: 9
Date/Time: 2022-08-02-09:00 10:30(Europe/Rome)
2022-08-02 09:00-10:30 - Rome
2022-08-02 03:00-04:30 - New York
2022-08-02 02:00-03:30 - Mexico city
2022-08-02 17:00-18:30 - Sydney
2022-08-02 15:00-16:30 - Shanghai
2022-08-02 09:00-10:30 - Johannesburg
2022-08-02 12:30-14:00 - Calcutá
2022-08-02 10:00-11:30 - Moscow
2022-08-02 04:00-05:30 - São Paulo
Chair: Udichibarna Bose - University of Essex (United Kingdom)
Paper: Inventory investment, growth, and firm value: Evidence from Korea
Authors:
Halil Kiymaz - Rollins College (United States)
Woo Sung Kim - Silla University (South Korea)
Presenter: Halil Kiymaz - Rollins College (United States)

Discussant: Leonidas Barbopoulos - University of Edinburgh (United Kingdom)

Paper: The Rise of Regional Financial Cycle and Domestic Credit Markets in Asia
Authors:
Udichibarna Bose - University of Essex (United Kingdom)
Chiara Banti - University of Essex (United Kingdom)
Presenter: Udichibarna Bose - University of Essex (United Kingdom)

Discussant: Halil Kiymaz - Rollins College (United States)

Session: 45-Coffee Break

Date/Time: 2022-08-02-10:30 11:00(Europe/Rome)
2022-08-02 10:30-11:00 - Rome
2022-08-02 04:30-05:00 - New York
2022-08-02 03:30-04:00 - Mexico city
2022-08-02 18:30-19:00 - Sydney
2022-08-02 16:30-17:00 - Shanghai
2022-08-02 10:30-11:00 - Johannesburg
2022-08-02 14:00-14:30 - Calcutá
2022-08-02 11:30-12:00 - Moscow
2022-08-02 05:30-06:00 - São Paulo
Session: 46-Banking & Financial Institutions

Room: 1
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Zbigniew Polaski - Warsaw School of Economics / Szko?a G?ówna Handlowa w Warszawie (Poland)
Paper: Keeping an eye on co-operative banking in India: Effectiveness of market discipline
Authors:
SAKSHI NARULA - IIT DELHI (India)
MANISH SINGH - IIT ROORKEE (India)
Presenter: Sakshi Narula - Indian Institute Technology, Delhi (India)

Discussant: Alison Schultz - University of Mannheim (Germany)

Paper: Central bank profits, seigniorage, and policy normalization
Authors:
Mikolaj Szadkowski - Warsaw School of Economics (SGH) (Poland)
Zbigniew Polanski - Warsaw School of Economics (SGH) (Poland)
Presenter: Zbigniew Polaski - Warsaw School of Economics / Szko?a G?ówna Handlowa w Warszawie (Poland)

Discussant: Stelios Markoulis - University of Cyprus (Cyprus)

Paper: ESG performance and bank deposits
Authors:
Alessio Bongiovanni - University of Turin (Italy)
Marina Damilano - University of Turin (Italy)
Presenter: Alessio Bongiovanni - University of Turin (Italy)

Discussant: Irem Erten - Warwick Business School (United Kingdom)

Session: 47-Asset Pricing

Room: 2
Date/Time: 2022-08-02-11:00 13:00(Europe/Rome)
2022-08-02 11:00-13:00 - Rome
2022-08-02 05:00-07:00 - New York
2022-08-02 04:00-06:00 - Mexico city
2022-08-02 19:00-21:00 - Sydney
2022-08-02 17:00-19:00 - Shanghai
2022-08-02 11:00-13:00 - Johannesburg
2022-08-02 14:30-16:30 - Calcutá
2022-08-02 12:00-14:00 - Moscow
2022-08-02 06:00-08:00 - São Paulo
Chair: Francesco Baldi - University of Turin (Italy)
Paper: Long run equity risk premium in international markets
Authors:
Tribhuvan Puri - East Stroudsburg University of Pennsylvania (United States)
Presenter: Trib Puri - East Stroudsburg University of Pennsylvania (United States)

Discussant: Adnan Aslam - Coventry University (United Kingdom)

Paper: Stock Returns under Intermediary Investment and Shocks
Authors:
Huamao Wang - University of Nottingham (United Kingdom)
Presenter: Huamao Wang - University of Nottingham (United Kingdom)

Discussant: Timothée Coulibaly - Université Bourgogne Franche Comte (France)

Paper: Green Bond Issuing by Public Sector Entities: Exploring Motivations and Performance
Authors:
Francesco Baldi - University of Turin (Italy)
Giovanni Ferri - LUMSA University (Italy)
Cristina Maria Romano - LUISS Guido Carli University (Italy)
Presenter: Francesco Baldi - University of Turin (Italy)

Discussant: Huamao Wang - University of Nottingham (United Kingdom)

Paper: A Commodity Investing Strategy to Modify the 60-40 Allocation Scheme
Authors:
Jahangir Sultan - Bentley University (United States)
Ray Murphy - RTM, LLC (United States)
Presenter: Jahangir Sultan - Bentley University (United States)

Discussant: nir vulkan - said business school, Oxford University (United Kingdom)

Session: 48-Investments

Room: 3
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Antonio Salvi - University of Turin (Italy)
Paper: Socially Responsible Investments: Doing Good while Doing Well in Emerging versus Developed countries?
Authors:
Michael Frömmel - Ghent University (Belgium)
Jenjang Sri Lestari - Ghent University (Belgium)
Presenter: Michael Frömmel - Ghent University (Belgium)

Discussant: António Carlos Dias - Universidade de Trás-os-Montes e Alto Douro (Portugal)

Paper: Back to the Roots: Ancestral Origin and Mutual Fund Manager Portfolio Choice
Authors:
Florian Weigert - University of Neuchâtel (Switzerland)
Manuel Ammann - University of St. Gallen (Switzerland)
Alexander Cochardt - University of St. Gallen (Switzerland)
Simon Straumann - University of St. Gallen (Switzerland)
Presenter: Florian Weigert - University of Neuchâtel (Switzerland)

Discussant: Tinghua Duan - IESEG School of Management (France)

Paper: The role of investor behavior in the context of crowdfunding campaigns
Authors:
Felice Petruzzella - Giustino Fortunato Telematic Uiversity (Italy)
Antonio Salvi - University of Turin (Italy)
Niccolò Nirino - University of Turin (Italy)
Presenter: Antonio Salvi - University of Turin (Italy)

Discussant: Levon Goukasian - Pepperdine University (United States)

Session: 49-Corporate Governance

Room: 4
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Jorge Brusa - Texas A&M International University (United States)
Paper: Enduring in crisis: The mitigating effect of board features
Authors:
MASSIMO MARIANI - Università LUM Giuseppe Degennaro (Italy)
ALESSANDRA CARAGNANO - SDA Bocconi (Italy)
FRANCESCO D'ERCOLE - Università LUM Giuseppe Degennaro (Italy)
DOMENICO FRASCATI - Università LUM Giuseppe Degennaro (Italy)
MARIANNA ZITO - Università LUM Giuseppe Degennaro (Italy)
Presenter: Massimo Mariani - Università LUM Giuseppe Degennaro (Italy)

Discussant: Shaoting Pi - Iowa State University (United States)

Paper: On the Role of Internationalization of Firm-Level Corporate Governance ? the Case of Audit Committees
Authors:
Haroon Afzali - Hanken School of Economics (Finland)
Minna Martikainen - University of Vaasa (Finland)
Lars Oxelheim - IFN Sweden (Sweden)
Trond Randøy - tra.ccg@cbs.dk (Denmark)
Presenter: Haroon Afzali - Hanken School of Economics (Finland)

Discussant: Erin Oldford - Memorial University of Newfoundland (Canada)

Paper: The Bond Market responses to Female CEOs Appointments
Authors:
Jorge Brusa - Texas A&M International University (United States)
Renee Oyotode-Adebile - Northwest Missouri State University (United States)
Zubair Raja - Thompson Rivers University (Canada)
Presenter: Jorge Brusa - Texas A&M International University (United States)

Discussant: Stefano Pegoraro - University of Notre Dame (United States)

Session: 50-Small Business Finance

Room: 5
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Cristina Rovera - University of Turin (Italy)
Paper: Islamic Agricultural Finance Contracts: A Nexus for Innovation and Risk Management
Authors:
Mohamed Mahboob Mohamed Nafeel - University of Malaya (Malaysia)
Fadillah Bint Mansor - University of Malaya (Malaysia)
Azian Bin Madun - University of Malaya (Malaysia)
Presenter: Mohamed Mahboob Mohamed Nafeel - University of Malaya - Academy of Islamic Studies (Malaysia)

Discussant: Felipe Tomkowski - Insper (Brazil)

Paper: (Business) Angels Falling on Earth: What We Have Learned About Their Investment Strategies
Authors:
Francesco Baldi - University of Turin (Italy)
Cristina Rovera - University of Turin (Italy)
Diego Peano - Cassa di Risparmio di Fossano SpA (Italy)
Presenter: Cristina Rovera - University of Turin (Italy)

Discussant: Ana Mol-Gómez-Vázquez - Universidad de Alicante (Spain)

Session: 51-Mergers, IPO and SEOSs

Room: 6
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Gloria Gardenal - Università Ca' Foscari Venezia (Italy)
Paper: Does informative risk disclosure matter in IPO underpricing? The impact of the European evolving normative context
Authors:
Gloria Gardenal - Università Ca' Foscari Venezia (Italy)
Marisa Agostini - Università Ca' Foscari Venezia (Italy)
Giulia Baschieri - Università di Bologna (Italy)
Presenter: Gloria Gardenal - Università Ca' Foscari Venezia (Italy)

Discussant: Rama Seth - Copenhagen Business School (Denmark)

Paper: Managerial Overconfidence and M&A performance: Evidence from the UK
Authors:
SANJUKTA BRAHMA - Glasgow Caledonian University (United Kingdom)
Agyenim Boateng - DeMontford University (United Kingdom)
Sardar Ahmad - University of Liverpool (United Kingdom)
Presenter: SANJUKTA BRAHMA - Glasgow Caledonian University (United Kingdom)

Discussant: Ibtissem Rouine - IDRAC (France)

Paper: The Heterogeneous Effects of Bank Mergers and Acquisitions on Credit to Firms: Evidence from Italian Macro-regions
Authors:
Silvia Del Prete - Banca d'Italia - Firenze Branch (Italy)
Cristina Demma - Banca d'Italia - Palermo Branch (Italy)
Iconio Garrì - Banca d'Italia - Catanzaro Branch (Italy)
Marco Piazza - Banca d'Italia - Bologna Branch (Italy)
Giovanni Soggia - Banca d'Italia - Cagliari Branch (Italy)
Presenter: Silvia Del Prete - Banca d'Italia - Firenze Branch (Italy)

Discussant: Federico Colantoni - Bocconi-St Gallen (Italy)

Session: 52-Bankruptcy and Financial Distress

Room: 7
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Francisco Javier Sanchez-Vidal - Universidad Politécnica de Cartagena (Spain)
Paper: Machine learning vs logistic regression in joint default assessment
Authors:
Elisa Luciano - Esomas (Italy)
Margherita Doria - Politecnico Torino (Italy)
Patrizia Semeraro - Politecnico Torino (Italy)
Presenter: Elisa Luciano - University of Turin (Italy)

Discussant: Ruoran Zhao - University of Edinburgh (United Kingdom)

Paper: Impact of the COVID-19 crisis on the Italian enterprises
Authors:
F. JAVIER SANCHEZ-VIDAL - Universidad Politécnica de Cartagena (Spain)
FRANCESCO FASANO - Universitá di Calabria (Italy)
MAURIZIO LAROCCA - Universitá di Calabria (Italy)
Presenter: Francisco Javier Sanchez-Vidal - Universidad Politécnica de Cartagena (Spain)

Discussant: Marco Desogus - University of Cagliari - Dept. of Economics and Business Science (Italy)

Paper: May board committees reduce the probability of financial distress? A survival analysis on Italian listed companies
Authors:
Marina Brogi - Sapienza University of Rome (Italy)
Carmen Gallucci - University of Salerno (Italy)
Valentina Lagasio - Sapienza University of Rome (Italy)
Rosalia Santulli - University of Genoa (Italy)
Presenter: Carmen Gallucci - University of Salerno (Italy)

Discussant: Jocelyn Martel - ESSEC Business School (France)

Session: 53-Options and Derivatives

Room: 8
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Genevieve Gauthier - HEC Montreal (Canada)
Paper: Interbank Credit Exposures and Financial Stability
Authors:
Oren Schneorson - Bank of Israel (Israel)
Presenter: Oren Schneorson - Bank of Israel (Israel)

Discussant: Damiano Bruno Silipo - Università della Calabria (Italy)

Paper: Questions, Answers, or Sentiments? What Drives Perceived Volatility in Earnings Conference Calls?
Authors:
Hector Daniel Perico Ortiz - FAU Erlangen-Nürnberg (Germany)
Matthias Schnaubelt - FAU Erlangen-Nürnberg (Germany)
Oleg Seifert - FAU Erlangen-Nürnberg (Germany)
Presenter: Héctor Perico Ortiz - Friedrich-Alexander-Universität Erlangen-Nürnberg (Germany)

Discussant: Frank Coggins - Université de Sherbrooke (Canada)

Paper: Venturing into Unchartered Territories: An Extensible Parametric Implied Volatility Surface Model
Authors:
Genevieve Gauthier - HEC Montreal (Canada)
Remi Galarneau-Vincent - HEC Montreal (Canada)
Pascal François - HEC Montreal (Canada)
Frederic Godin - Concordia University (Canada)
Presenter: Genevieve Gauthier - HEC Montreal (Canada)

Discussant: Héctor Perico Ortiz - Friedrich-Alexander-Universität Erlangen-Nürnberg (Germany)

Session: 54-Behavior Finance

Room: 9
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Benedikt Wick - Florida International University (United States)
Paper: Fossil Fuel Divestment and Portfolio Exposure to Movements in Fossil Fuel Prices
Authors:
Imane EL OUADGHIRI - EMLV (France)
Jonathan PEILLEX - ICD BUSINESS SCHOOL (France)
Presenter: Imane el Ouadghiri - Universitaire Léonard De Vinci (France)

Discussant: Cristiana Cerqueira Leal - University of Minho (Portugal)

Paper: The impact of financial literacy and personality traits on financial behaviour
Authors:
Cristiana Cerqueira Leal - University of Minho (Portugal)
Ana Isabel Araújo - University of Minho (Portugal)
Presenter: Cristiana Cerqueira Leal - University of Minho (Portugal)

Discussant: Benedikt Wick - Florida International University (United States)

Paper: Gender Differences in Overconfidence
Authors:
Benedikt Wick - Florida International University (United States)
Edward Lawrence - Florida International University (United States)
Presenter: Benedikt Wick - Florida International University (United States)

Discussant: Imane el Ouadghiri - Universitaire Léonard De Vinci (France)

Session: 55-Corporate Finance

Room: 10
Date/Time: 2022-08-02-11:00 12:30(Europe/Rome)
2022-08-02 11:00-12:30 - Rome
2022-08-02 05:00-06:30 - New York
2022-08-02 04:00-05:30 - Mexico city
2022-08-02 19:00-20:30 - Sydney
2022-08-02 17:00-18:30 - Shanghai
2022-08-02 11:00-12:30 - Johannesburg
2022-08-02 14:30-16:00 - Calcutá
2022-08-02 12:00-13:30 - Moscow
2022-08-02 06:00-07:30 - São Paulo
Chair: Janis Berzins - BI Norwegian Business School (Norway)
Paper: Excess Capacity, Marginal q and Corporate Investment
Authors:
David Ikenberry - Unversity of Colorado.edu (United States)
Gustavo Grullon - Rice University (United States)
Presenter: Dave Ikenberry - University of Colorado Boulder (United States)

Discussant: Philippe Raimbourg - University Paris 1 Panthéon-Sorbonne (France)

Paper: Bank-affiliated Venture Capital and Performance of European FinTechs
Authors:
Aymen TURKI - ESC Clermont (France)
Presenter: Aymen Turki - ESC Clermont (France)

Discussant: Anna Bialek-Jaworska - University of Warsaw (Poland)

Paper: Determinants of the Family Firm Premium: Governance and Financial Constraints
Authors:
Bogdan Stacescu - BI Norwegian Business School (Norway)
Janis Berzins - BI Norwegian Business School (Norway)
Presenter: Janis Berzins - BI Norwegian Business School (Norway)

Discussant: Aymen Turki - ESC Clermont (France)

Session: 56-International Finance -VIRTUAL

Room: Virtual
Date/Time: 2022-08-02-12:30 14:30(Europe/Rome)
2022-08-02 12:30-14:30 - Rome
2022-08-02 06:30-08:30 - New York
2022-08-02 05:30-07:30 - Mexico city
2022-08-02 20:30-22:30 - Sydney
2022-08-02 18:30-20:30 - Shanghai
2022-08-02 12:30-14:30 - Johannesburg
2022-08-02 16:00-18:00 - Calcutá
2022-08-02 13:30-15:30 - Moscow
2022-08-02 07:30-09:30 - São Paulo
Chair: Dan Luo - Temple University (United States)
Paper: Investor Sentiment Contagion under ?Informational Cycle Cascade? among Industries: Evidence from China
Authors:
Feng Sun - South China Normal University (China)
Cheng Liu - University of Science and Technology Beijing (China)
Presenter: Feng Sun - South China Normal University (China)

Discussant: Hannah Winterberg - University of St. Gallen (Germany)

Paper: Trading Activity and Fund Performance Evidence from Corporate Bond Mutual Funds
Authors:
DAN LUO - Temple University (United States)
Presenter: Dan Luo - Temple University (United States)

Discussant: Lucie Yiliu Lu - McGill University (Canada)

Paper: Score-driven equity plus gold portfolios before and during the COVID-19 pandemic
Authors:
Szabolcs Blazsek - Universidad Francisco Marroquin (Guatemala)
Astrid Ayala - Universidad Francisco Marroquin (Guatemala)
Adrian Licht - Universidad Francisco Marroquin (Guatemala)
Presenter: Adrian Licht - Universidad Francisco Marroquín (Guatemala)

Discussant: Yao Ge - Xiamen University (China)

Paper: Institutional Investment and International Risk-sharing
Authors:
Yiliu Lu - McGill University (Canada)
Presenter: Lucie Yiliu Lu - McGill University (Canada)

Discussant: Matthias Herrmann-Romero - University of Liechtenstein (Liechtenstein)

Session: 57-Corporate Finance - VIRTUAL

Room: Virtual
Date/Time: 2022-08-02-12:30 14:30(Europe/Rome)
2022-08-02 12:30-14:30 - Rome
2022-08-02 06:30-08:30 - New York
2022-08-02 05:30-07:30 - Mexico city
2022-08-02 20:30-22:30 - Sydney
2022-08-02 18:30-20:30 - Shanghai
2022-08-02 12:30-14:30 - Johannesburg
2022-08-02 16:00-18:00 - Calcutá
2022-08-02 13:30-15:30 - Moscow
2022-08-02 07:30-09:30 - São Paulo
Chair: Jiang Dai - The University of Edinburgh (United Kingdom)
Paper: Political connection and M&A performance: Evidence from China
Authors:
Jing Zhang - Glasgow Caledonian University (United Kingdom)
Sanjukta Brahma - Glasgow Caledonian University (United Kingdom)
Agyenim Boateng - De Montfort University (United Kingdom)
Chioma Nwafor - Glasgow Caledonian University (United Kingdom)
Presenter: Jing Zhang - Glasgow Caledonian University (United Kingdom)

Discussant: Hsiao-Lin Yang - Feng Chia University (Taiwan)

Paper: Revisiting analyst coverage and corporate innovation- Prospective of patent value
Authors:
Hsiao-Lin Yang - Feng Chia University (Taiwan)
Yanzhi Wang - National Taiwan University (Taiwan)
Presenter: Hsiao-Lin Yang - Feng Chia University (Taiwan)

Discussant: Thi My Thuong Doan - Macquarie University (Australia)

Paper: Asymmetric Cost Behavior and Non-Financial Firms? Risky Financial Investments
Authors:
JiHoon Hwang - University of Arizona (United States)
Presenter: JiHoon Hwang - University of Arizona (United States)

Discussant: Christian Espinosa - Universidad de Santiago de Chile (Chile)

Paper: The Paris Agreement, ESG factors, and US stock performance
Authors:
Taylor Doan - Macquarie Business School - Macquarie University (Australia)
Presenter: Thi My Thuong Doan - Macquarie University (Australia)

Discussant: Jing Zhang - Glasgow Caledonian University (United Kingdom)

Session: 58-Banking & Other Financial Institutions - VIRTUAL

Room: Virtual
Date/Time: 2022-08-02-12:30 14:30(Europe/Rome)
2022-08-02 12:30-14:30 - Rome
2022-08-02 06:30-08:30 - New York
2022-08-02 05:30-07:30 - Mexico city
2022-08-02 20:30-22:30 - Sydney
2022-08-02 18:30-20:30 - Shanghai
2022-08-02 12:30-14:30 - Johannesburg
2022-08-02 16:00-18:00 - Calcutá
2022-08-02 13:30-15:30 - Moscow
2022-08-02 07:30-09:30 - São Paulo
Chair: Munkh-Ulzii Batmunkh - National University of Mongolia (Mongolia)
Paper: Trends and Developments of Financial Inclusion in Emerging Economies: A Comparative Study of China and Pakistan
Authors:
Enrico Battisti - University of Turin (Italy)
Ramiz Ur Rehman - School of Business, Sohar University (Oman)
Antonio Salvi - University of Turin (Italy)
Muhammad Ishfaq Ahmad - Lahore Business School, The University of Lahore (Pakistan)
Muhammad Akram Naseem - Lahore Business School, The University of Lahore (Pakistan)
Anastasia Giakoumelou - Ca' Foscari University of Venice (Italy)
Presenter: Muhammad Ishfaq Ahmad - The University of Lahore (Pakistan)

Discussant: Jains P Chacko - Krea University (India)

Paper: Extreme Severity Modeling using a GLM-GPD Combination: Application to an Excess of Loss Reinsurance Treaty
Authors:
Sarra Ghaddab - University of Claude Bernard Lyon 1 (France)
Manel Kacem - University of Sousse (Tunisia)
Christian de Peretti - University of Claude Bernard Lyon 1 (France)
Lotfi Belkacem - University of Sousse (Tunisia)
Presenter: Sarra Ghaddab - University of Claude Bernard Lyon1 & University of Sousse (France)

Discussant: Munkh-Ulzii Batmunkh - National University of Mongolia (Mongolia)

Paper: Does financial development matter for economic globalization in Africa?
Authors:
Samuel Tawiah Baidoo - Kwame Nkrumah University of Science and Technology (Ghana)
Daniel Sakyi - Kwame Nkrumah University of Science and Technology (Ghana)
Emmanuel Buabeng - Kwame Nkrumah University of Science and Technology (Ghana)
Presenter: Samuel Tawiah Baidoo - Kwame Nkrumah University of Science and Technology, Kumasi- Ghana (Ghana)

Discussant: vijyapu prasanna kumar - University of Petroleum and Energy Studies (India)

Paper: Measuring the efficiency of conventional banks using two-stage network DEA model
Authors:
Vijyapu Prasanna Kumar - Indian Institute of Technology Roorkee (India)
Sujata Kar - Indian Institute of Technology Roorkee (India)
Presenter: vijyapu prasanna kumar - University of Petroleum and Energy Studies (India)

Discussant: Muhammad Ishfaq Ahmad - The University of Lahore (Pakistan)

Session: 59-Investments and International Finance - VIRTUAL

Room: Virtual
Date/Time: 2022-08-02-12:30 15:00(Europe/Rome)
2022-08-02 12:30-15:00 - Rome
2022-08-02 06:30-09:00 - New York
2022-08-02 05:30-08:00 - Mexico city
2022-08-02 20:30-23:00 - Sydney
2022-08-02 18:30-21:00 - Shanghai
2022-08-02 12:30-15:00 - Johannesburg
2022-08-02 16:00-18:30 - Calcutá
2022-08-02 13:30-16:00 - Moscow
2022-08-02 07:30-10:00 - São Paulo
Chair: Bong Ko - University California at Irvine (United States)
Paper: Regression models and Machine Learning approaches for long term Bitcoin price forecast
Authors:
Marco Corazza - Ca' Foscari University of Venice (Italy)
Andrea Caliciotti - University of Rome (Italy)
Giovanni Fasano - Ca' Foscari University of Venice (Italy)
Presenter: Marco Corazza - Ca' Foscari University of Venice (Italy)

Discussant: David Happersberger - Lancaster University Management School (United Kingdom)

Paper: On the Redundancy of the Value Factor
Authors:
Tobias Hemauer - University of St.Gallen (Switzerland)
Manuel Ammann - University of St.Gallen (Switzerland)
Simon Straumann - WHU - Otto Beisheim School of Management (Germany)
Presenter: Tobias Hemauer - University of St.Gallen (Switzerland)

Discussant: Maximilian Fuchs - Copenhagen Business School (Denmark)

Paper: Polluters are Short-Lived: Climate Risk and the Timing of Cash Flows
Authors:
Maximilian Fuchs - CBS (Denmark)
Presenter: Maximilian Fuchs - Copenhagen Business School (Denmark)

Discussant: Bong Ko - University California at Irvine (United States)

Paper: Risk-scaled anomalies
Authors:
Bong Ko - University of California at Irvine (United States)
Presenter: Bong Ko - University California at Irvine (United States)

Discussant: Tobias Hemauer - University of St.Gallen (Switzerland)

Paper: A new framework of induced innovation policy for mission-oriented innovation ecosystem: addressing the transformative change
Authors:
Benedito Neto - Universidade Presbiteriana Mackenzie (Brazil)
Virgínia Aguiar - Universidade Presbiteriana Mackenzie (Brazil)
Manuel José Armada - Universidade do Minho, Escola de Economia e Gestão (Portugal)
Presenter: Benedito Aguiar-Neto - Universidade Presbiteriana Mackenzie (Portugal)

Discussant: - ()

Session: 60-Asset Pricing - VIRTUAL

Room: Virtual
Date/Time: 2022-08-02-12:30 14:00(Europe/Rome)
2022-08-02 12:30-14:00 - Rome
2022-08-02 06:30-08:00 - New York
2022-08-02 05:30-07:00 - Mexico city
2022-08-02 20:30-22:00 - Sydney
2022-08-02 18:30-20:00 - Shanghai
2022-08-02 12:30-14:00 - Johannesburg
2022-08-02 16:00-17:30 - Calcutá
2022-08-02 13:30-15:00 - Moscow
2022-08-02 07:30-09:00 - São Paulo
Chair: Chuck Fang - University of Pennsylvania, Wharton (United States)
Paper: The effect of Ratings on performance, risk and net flows, and on the performance persistence of mutual funds in Global Emerging Markets
Authors:
Luis Otero - Universidade de Santiago de Compostela (Spain)
Pablo Durán - Universidade de Santiago de Compostela (Spain)
Darine Marouf - Universidade de Santiago de Compostela (Spain)
Joao Vieito - Instituto Politécnico Viana do Castelo (Portugal)
Presenter: Darine Marouf - Universidade de Santiago de Compostela (Spain)

Discussant: Peter Vaz - Mackenzie (Brazil)

Paper: World Uncertainty and Crude and Gold volatility - A global perspective
Authors:
Sonali Jain - Indian Institute of Technology, Delhi (India)
Varuun Deshpande - IIT Mandi (India)
Presenter: Varuun A Deshpande - Indian Institute of Technology Mandi (India)

Discussant: Chuck Fang - University of Pennsylvania, Wharton (United States)

Paper: Monetary Transmission through Bond Funds
Authors:
Chuck Fang - University of Pennsylvania, Wharton (United States)
Presenter: Chuck Fang - University of Pennsylvania, Wharton (United States)

Discussant: Varuun A Deshpande - Indian Institute of Technology Mandi (India)

Session: 61-Market Efficiency and Asset Pricing - VIRTUAL

Room: Virtual
Date/Time: 2022-08-02-12:30 14:30(Europe/Rome)
2022-08-02 12:30-14:30 - Rome
2022-08-02 06:30-08:30 - New York
2022-08-02 05:30-07:30 - Mexico city
2022-08-02 20:30-22:30 - Sydney
2022-08-02 18:30-20:30 - Shanghai
2022-08-02 12:30-14:30 - Johannesburg
2022-08-02 16:00-18:00 - Calcutá
2022-08-02 13:30-15:30 - Moscow
2022-08-02 07:30-09:30 - São Paulo
Chair: Sun Yong Kim - Northwestern University (United States)
Paper: Annual report readability and stock return synchronicity: Evidence from India
Authors:
Vismaya Gangadharan - IFMR GSB, Krea University (India)
Lakshmi Padmakumari - IFMR GSB, Krea University (India)
Presenter: Vismaya Gangadharan - Krea University (India)

Discussant: Abhinay Seth - Indian Institute of Management Indore (India)

Paper: Is investor sentiment a missing factor for the explanation of mutual fund performance?
Authors:
Tiago Ribeiro - University of Minho - School of Economics and Management (Portugal)
Manuel Armada - University of Minho - School of Economics and Management (Portugal)
Presenter: Tiago Ribeiro - University of Minho - School of Economics and Management (Portugal)

Discussant: Ansu Royit - St. Thomas College, Palai (India)

Paper: The Corporate Bond Risk Premium: New Data and Evidence from The Origin of Corporate Default
Authors:
Kevin Van Mencxel - University of Antwerp (Belgium)
Jan Annaert - University of Antwerp (Belgium)
Marc Deloof - University of Antwerp (Belgium)
Presenter: Kevin Van Mencxel - University of Antwerp (Belgium)

Discussant: Sun Yong Kim - Northwestern University (United States)

Paper: Fiscal Origins of International Factor Structures
Authors:
Sun Yong Kim - Northwestern University (United States)
Presenter: Sun Yong Kim - Northwestern University (United States)

Discussant: Kevin Van Mencxel - University of Antwerp (Belgium)

Session: 62-Lunch

Date/Time: 2022-08-02-12:30 14:00(Europe/Rome)
2022-08-02 12:30-14:00 - Rome
2022-08-02 06:30-08:00 - New York
2022-08-02 05:30-07:00 - Mexico city
2022-08-02 20:30-22:00 - Sydney
2022-08-02 18:30-20:00 - Shanghai
2022-08-02 12:30-14:00 - Johannesburg
2022-08-02 16:00-17:30 - Calcutá
2022-08-02 13:30-15:00 - Moscow
2022-08-02 07:30-09:00 - São Paulo
Session: 63-KEYNOTE SPEAKER - PROF LIN PENG - UNIVERSITY OF CAMBRIDGE

Date/Time: 2022-08-02-14:00 15:00(Europe/Rome)
2022-08-02 14:00-15:00 - Rome
2022-08-02 08:00-09:00 - New York
2022-08-02 07:00-08:00 - Mexico city
2022-08-02 22:00-23:00 - Sydney
2022-08-02 20:00-21:00 - Shanghai
2022-08-02 14:00-15:00 - Johannesburg
2022-08-02 17:30-18:30 - Calcutá
2022-08-02 15:00-16:00 - Moscow
2022-08-02 09:00-10:00 - São Paulo
Session: 64-Coffee Break

Date/Time: 2022-08-02-15:00 15:30(Europe/Rome)
2022-08-02 15:00-15:30 - Rome
2022-08-02 09:00-09:30 - New York
2022-08-02 08:00-08:30 - Mexico city
2022-08-02 23:00-23:30 - Sydney
2022-08-02 21:00-21:30 - Shanghai
2022-08-02 15:00-15:30 - Johannesburg
2022-08-02 18:30-19:00 - Calcutá
2022-08-02 16:00-16:30 - Moscow
2022-08-02 10:00-10:30 - São Paulo
Session: 65-Banking and Financial Crises

Room: 1
Date/Time: 2022-08-02-15:30 17:30(Europe/Rome)
2022-08-02 15:30-17:30 - Rome
2022-08-02 09:30-11:30 - New York
2022-08-02 08:30-10:30 - Mexico city
2022-08-02 23:30-01:30 - Sydney
2022-08-02 21:30-23:30 - Shanghai
2022-08-02 15:30-17:30 - Johannesburg
2022-08-02 19:00-21:00 - Calcutá
2022-08-02 16:30-18:30 - Moscow
2022-08-02 10:30-12:30 - São Paulo
Chair: Sergey Tsyplakov - University of South Carolina (United States)
Paper: THE IMPACT OF FINANCIAL DEVELOPMENT ON BANK LIQUIDITY CREATION: EVIDENCE FROM THE ASIA-PACIFIC REGION
Authors:
Juhi Gupta - Department of Management Studies, Indian Institute of Technology Delhi (India)
Smita Kashiramka - Department of Management Studies, Indian Institute of Technology Delhi (India)
Presenter: Juhi Gupta - Department of Management Studies, Indian Institute of Technology Delhi (India)

Discussant: Fernando Lichucha - Universidade Eduardo Mondlane (Mozambique)

Paper: Corporate tax changes and bank lending
Authors:
Panagiotis Politsidis - Audencia Business School (Greece)
Yota Deli - UCD (Ireland)
Manthos Delis - Montpellier Business School (France)
Presenter: Panagiotis-Nikolaos Politsidis - Audencia Business School (France)

Discussant: Alessio Bongiovanni - University of Turin (Italy)

Paper: Evaluation of changes occurring in ALM models of banks in Poland after the outbreak of the COVID-19 pandemic
Authors:
Ewa Cichowicz - SGH Warsaw School of Economics (Poland)
Agnieszka K. Nowak - SGH Warsaw School of Economics (Poland)
Presenter: Ewa Cichowicz - SGH Warsaw School of Economics (Poland)

Discussant: Gabriella Legrenzi - Keele University (United Kingdom)

Paper: Catch, Restrict, and Release: The Real Story of Bank Bailouts
Authors:
Sergey Tsyplakov - University of South Carolina (United States)
Allen Berger - University of South Carolina (United States)
Steven Ongena - University of Zürich, Swiss Finance Institute, KU Leuven, (Switzerland)
Simona Nistor - Babe¸s-Bolyai University of Cluj-Napoca (Romania)
Presenter: Sergey Tsyplakov - University of South Carolina (United States)

Discussant: Panagiotis-Nikolaos Politsidis - Audencia Business School (France)

Session: 66-Behavior Finance & Options

Room: 2
Date/Time: 2022-08-02-15:30 17:00(Europe/Rome)
2022-08-02 15:30-17:00 - Rome
2022-08-02 09:30-11:00 - New York
2022-08-02 08:30-10:00 - Mexico city
2022-08-02 23:30-01:00 - Sydney
2022-08-02 21:30-23:00 - Shanghai
2022-08-02 15:30-17:00 - Johannesburg
2022-08-02 19:00-20:30 - Calcutá
2022-08-02 16:30-18:00 - Moscow
2022-08-02 10:30-12:00 - São Paulo
Chair: Atul Saxena - Georgia Gwinnett College (United States)
Paper: Taking Money Off the Table: Suboptimal Early Exercises, Risky Arbitrage, and American Put Returns
Authors:
Adnan Gazi - University of Liverpool (United Kingdom)
Presenter: Adnan Gazi - University of Liverpool (United Kingdom)

Discussant: Francesco Pistolesi - University of Pisa (Italy)

Paper: Using Financial Options Workshops to Improve Financial Literacy at Colleges
Authors:
Atul Saxena - Georgia Gwinnett College (United States)
Mohamed Jamaloodeen - Georgia Gwinnett College (United States)
Adrian Heinz - Georgia Gwinnett College (United States)
Presenter: Atul Saxena - Georgia Gwinnett College (United States)

Discussant: Mary Becker - Canisius College (United States)

Paper: Prospective impression management: Do employees embody the visionary narratives of CEO letters?
Authors:
Erin Oldford - Memorial University of Newfoundland (Canada)
John Fiset - St. Mary's University (Canada)
Presenter: Erin Oldford - Memorial University of Newfoundland (Canada)

Discussant: Massimo Mariani - Università LUM Giuseppe Degennaro (Italy)

Session: 67-Corporate Finance

Room: 3
Date/Time: 2022-08-02-15:30 17:30(Europe/Rome)
2022-08-02 15:30-17:30 - Rome
2022-08-02 09:30-11:30 - New York
2022-08-02 08:30-10:30 - Mexico city
2022-08-02 23:30-01:30 - Sydney
2022-08-02 21:30-23:30 - Shanghai
2022-08-02 15:30-17:30 - Johannesburg
2022-08-02 19:00-21:00 - Calcutá
2022-08-02 16:30-18:30 - Moscow
2022-08-02 10:30-12:30 - São Paulo
Chair: Hamid Boustanifar - EDHEC Business School (France)
Paper: Local Sentiment and Insider Trading
Authors:
Benedikt Wick - Florida International University (United States)
Ali M. Parhizgari - Florida International University (United States)
Presenter: Benedikt Wick - Florida International University (United States)

Discussant: Peter Baur - University of Johannesburg (South Africa)

Paper: Brand Values and Stock Returns, 2000-2020
Authors:
Hamid Boustanifar - EDHEC Business School (France)
Young Dae Kang - Bank of Korea (South Korea)
Presenter: Hamid Boustanifar - EDHEC Business School (France)

Discussant: James Ang - Florida State University (United States)

Paper: EXPLORING THE RELATIONSHIP BETWEEN THE PERFORMANCE OF THE GLOBAL FINANCIAL MARKETS AND ART MARKET SENTIMENT
Authors:
Peter Baur - University of Johannesburg (South Africa)
Presenter: Peter Baur - University of Johannesburg (South Africa)

Discussant: Benedikt Wick - Florida International University (United States)

Paper: R&D, Market Competition, and Firms? Zero Leverage Puzzle
Authors:
Minjia Chen - University of Nottingham (United Kingdom)
Presenter: Minjia Chen - University of Nottingham (United Kingdom)

Discussant: Onur Bayar - University of Texas at San Antonio (United States)

Session: 68-Corporate Governance and Firm Performances

Room: 4
Date/Time: 2022-08-02-15:30 17:30(Europe/Rome)
2022-08-02 15:30-17:30 - Rome
2022-08-02 09:30-11:30 - New York
2022-08-02 08:30-10:30 - Mexico city
2022-08-02 23:30-01:30 - Sydney
2022-08-02 21:30-23:30 - Shanghai
2022-08-02 15:30-17:30 - Johannesburg
2022-08-02 19:00-21:00 - Calcutá
2022-08-02 16:30-18:30 - Moscow
2022-08-02 10:30-12:30 - São Paulo
Chair: Vincent Tena - Université Paris Dauphine (France)
Paper: Does Board Compensation Matter?
Authors:
Ankur Paliwal - Shiv Nadar University (India)
Rama Seth - Copenhagen Business School (Denmark)
Vishwanath S R - Shiv Nadar University (India)
Presenter: Rama Seth - Copenhagen Business School (Denmark)

Discussant: David Carter - Oklahoma State University (United States)

Paper: Political connection in China
Authors:
Yuanjiawen Li - University of Edinburgh (United Kingdom)
Presenter: Yuanjiawen Li - The University of Edinburgh (United Kingdom)

Discussant: Bingxuan Lin - University of Rhode Island (United States)

Paper: Optimal Dynamic Contract with a Shock on the Benefit of Cash Flow Diversion
Authors:
Vincent TENA - Université Paris Dauphine (France)
Presenter: Vincent Tena - Université Paris Dauphine (France)

Discussant: Tianshu Ma - University of Manchester (United Kingdom)

Paper: Retired bureaucrats on the Board of Directors :Do they Improve Firm performance
Authors:
Praveena Musunuru - Indian Institute of Management Visakhapatnam (India)
Mohammad Shameem Jawed - Indian Institute of Management Visakhapatnam (India)
Kalyan Kolukuluri - Indian Institute of management Visakhapatnam (India)
Presenter: Praveena Musunuru - Indian Institute of Management Visakhapatnam (India)

Discussant: Elif Korkmaz Orak - Dokuz Eylul University (Turkey)

Session: 69-Trading Behavior

Room: 5
Date/Time: 2022-08-02-15:30 17:30(Europe/Rome)
2022-08-02 15:30-17:30 - Rome
2022-08-02 09:30-11:30 - New York
2022-08-02 08:30-10:30 - Mexico city
2022-08-02 23:30-01:30 - Sydney
2022-08-02 21:30-23:30 - Shanghai
2022-08-02 15:30-17:30 - Johannesburg
2022-08-02 19:00-21:00 - Calcutá
2022-08-02 16:30-18:30 - Moscow
2022-08-02 10:30-12:30 - São Paulo
Chair: Marco Pagano - University of Naples Federico II, CSEF and EIEF (Italy)
Paper: This Time is Different: Investing Preferences in the Age of Robinhood
Authors:
Valeria Fedyk - London Business School (United Kingdom)
Presenter: Valeria Fedyk - London Business School (United Kingdom)

Discussant: Trib Puri - East Stroudsburg University of Pennsylvania (United States)

Paper: The potential use of robo-advisors among the young generation
Authors:
Eleonora Isaia - University of Torino (Italy)
Noemi Oggero - University of Torino (Italy)
Presenter: Eleonora Isaia - University of Torino (Italy)

Discussant: Saswat Patra - SPJIMR (India)

Paper: The Tail Wagging the Dog: How Do Meme Stocks Affect Market Efficiency?
Authors:
Hyungeun Choi - NEOMA Business School (France)
Arash Aloosh - NEOMA Business School (France)
Samuel Ouzan - NEOMA Business School (France)
Presenter: Hyung-Eun Choi - NEOMA Business School (France)

Discussant: Chekani Nkwaira| - University of South Africa (South Africa)

Paper: The Geography of Investor Attention
Authors:
Marco Pagano - University of Naples Federico II (Italy)
Stefano Mengoli - University of Bologna (Italy)
Pierpaolo Pattitoni - University of Bologna (Italy)
Presenter: Marco Pagano - University of Naples Federico II, CSEF and EIEF (Italy)

Discussant: Mohamed Al Guindy - Carleton University (Canada)

Session: 70-Venture Capital and Private Equity

Room: 6
Date/Time: 2022-08-02-15:30 17:30(Europe/Rome)
2022-08-02 15:30-17:30 - Rome
2022-08-02 09:30-11:30 - New York
2022-08-02 08:30-10:30 - Mexico city
2022-08-02 23:30-01:30 - Sydney
2022-08-02 21:30-23:30 - Shanghai
2022-08-02 15:30-17:30 - Johannesburg
2022-08-02 19:00-21:00 - Calcutá
2022-08-02 16:30-18:30 - Moscow
2022-08-02 10:30-12:30 - São Paulo
Chair: nir vulkan - said business school, Oxford University (United Kingdom)
Paper: Can Startups Disrupt the Gender Pay Gap? Can they Disrupt Economic Exclusion? A Two-Tiered Approach
Authors:
MAX BERRE - Audencia Business School (France)
Presenter: Max Berre - Audencia Business School (France)

Discussant: Noemi Oggero - University of Turin (Italy)

Paper: Corporate Venturing by Emerging Market Multinational Enterprises
Authors:
Robert Mefford - University of San Francisco (United States)
Frank Ohara - University of San Francisco (United States)
Presenter: Robert Mefford - University of San Francisco (United States)

Discussant: Max Berre - Audencia Business School (France)

Paper: THE SYNDICATION OF IMPACT PRIVATE EQUITY FIRMS IN FRANCE
Authors:
Faras Batnini - ESSCA (France)
Donia Trabelsi - Institut Mines-Télécom Business School (France)
Presenter: Donia Trabelsi - Institut Mines-Télécom Business School (France)

Discussant: Huynh Sang Truong - Goethe University Frankfurt (Germany)

Paper: A model of early stage finance
Authors:
nir vulkan - Said business School (United Kingdom)
Genevieve Gauthier - HEC, Montreal (Canada)
Presenter: nir vulkan - said business school, Oxford University (United Kingdom)

Discussant: Orit Milo - Ben-Gurion University (Israel)

Session: 71-Financial Inclusion

Room: 7
Date/Time: 2022-08-02-15:30 17:00(Europe/Rome)
2022-08-02 15:30-17:00 - Rome
2022-08-02 09:30-11:00 - New York
2022-08-02 08:30-10:00 - Mexico city
2022-08-02 23:30-01:00 - Sydney
2022-08-02 21:30-23:00 - Shanghai
2022-08-02 15:30-17:00 - Johannesburg
2022-08-02 19:00-20:30 - Calcutá
2022-08-02 16:30-18:00 - Moscow
2022-08-02 10:30-12:00 - São Paulo
Chair: Ayi Ayayi - Université du Québec à Trois Rivières (Canada)
Paper: The dynamics of the financial inclusion index for developing countries: Lessons learned
Authors:
AYI AYAYI - Université du Québec à Trois Rivières (Canada)
Hamitande Dout - Université du Québec à Trois Rivières (Canada)
Presenter: Ayi Ayayi - Université du Québec à Trois Rivières (Canada)

Discussant: Jérémy Pépy - CERDI (France)

Paper: Exploring the Interrelationship Among Asset Accumulation, Financial Inclusion and, Subjective Well-Being: Evidence from South Africa
Authors:
Kudakwashe Joshua Chipunza - University of Stellenbosch (South Africa)
Ashenafi B. Fanta - University of Stellenbosch (South Africa)
Presenter: Kudakwashe Chipunza - Stellenbosch University Business School (South Africa)

Discussant: Jiang Dai - The University of Edinburgh (United Kingdom)

Session: 72-Corporate Governnance

Room: 8
Date/Time: 2022-08-02-15:30 17:30(Europe/Rome)
2022-08-02 15:30-17:30 - Rome
2022-08-02 09:30-11:30 - New York
2022-08-02 08:30-10:30 - Mexico city
2022-08-02 23:30-01:30 - Sydney
2022-08-02 21:30-23:30 - Shanghai
2022-08-02 15:30-17:30 - Johannesburg
2022-08-02 19:00-21:00 - Calcutá
2022-08-02 16:30-18:30 - Moscow
2022-08-02 10:30-12:30 - São Paulo
Chair: Lars Oxelheim - University of Agder (Norway)
Paper: Co-opted Directors and Corporate Social Responsibility
Authors:
Haroon Afzali - Hanken School of Economics (Finland)
Hanna Silvola - Hanken School of Economics (Finland)
Sami Vähämaa - University of Vaasa (Finland)
Presenter: Haroon Afzali - Hanken School of Economics (Finland)

Discussant: Janis Berzins - BI Norwegian Business School (Norway)

Paper: Tunneling Through Trademarks
Authors:
Woochan Kim - Korea University Business School (South Korea)
Sojung Kim - Korea University Business School (South Korea)
Presenter: Woochan Kim - Korea University Business School (South Korea)

Discussant: Haroon Afzali - Hanken School of Economics (Finland)

Paper: Director Expertise and Compliance to Corporate Social Responsibility Regulations
Authors:
Nassima Selmane - University of Groningen (Netherlands)
Wentao Li - University of Groningen (Netherlands)
Swarnodeep Homroy - University of Groningen (Netherlands)
Presenter: Wentao Li - University of Groningen (Netherlands)

Discussant: Seonghee Han - Pennsylvania State University - Abington College (United States)

Session: 111-COVID & FINANCE

Room: Virtual
Date/Time: 2022-08-02-15:30 17:30(Europe/Rome)
2022-08-02 15:30-17:30 - Rome
2022-08-02 09:30-11:30 - New York
2022-08-02 08:30-10:30 - Mexico city
2022-08-02 23:30-01:30 - Sydney
2022-08-02 21:30-23:30 - Shanghai
2022-08-02 15:30-17:30 - Johannesburg
2022-08-02 19:00-21:00 - Calcutá
2022-08-02 16:30-18:30 - Moscow
2022-08-02 10:30-12:30 - São Paulo
Chair: Leonidas Barbopoulos - University of Edinburgh (United Kingdom)
Paper: Frequency-domain approach to the causal nexus between domestic and international economic policy uncertainties and equity returns of selected G20 Countries
Authors:
Moses Dumayiri - Simon Diedong Dombo University of Business and Integrated Development Studies (SDD UBIDS) (Ghana)
Imhotep Paul Alagidede - Wits Business School, University of the Witwatersrand, Johannesburg, South Africa , Simon Diedong Dombo University of Business and Integrated Development Studies (Ghana)
Yakubu Awudu Sare - Simon Diedong Dombo University of Business and Integrated Development Studies (Ghana)
Presenter: Moses Dumayiri - Simon Diedong Dombo University of Business and Integrated Development Studies (Ghana)

Discussant: - ()

Paper: THE ROLE OF FINANCIAL DEVELOPMENT ON FOREIGN BANKS PRESENCE AND INCLUSIVE GROWTH NEXUS IN AFRICA
Authors:
Khadijah Iddrisu - Simon Diedong Dombo University of Business and Integrated Development Studies, Wa (Ghana)
Joshua Yindenaba Abor - University of Ghana Business School, Legon (Ghana)
Kannyiri T. Banyen - Simon Diedong Dombo University of Business and Integrated Development Studies, Wa (Ghana)
Presenter: Khadijah Iddrisu - Simon Diedong Dombo University of Business and Integrated Development Studies (Ghana)

Discussant: - ()

Paper: THE ROLE OF MICROFINANCE IN MITIGATING THE COVID-19 LOCKDOWN CHALLENGES OF THE POOR IN INDIA
Authors:
Nirmala Velan - Pondicherry University (India)
Vijay Prakash - Department of Commerce with CA, Kongunadu Arts and Science College (India)
Vasant Myil Mohan - Union Bank of India (India)
Presenter: Nirmala Velan - Pondicherry University (India)

Discussant: - ()

Paper: The Real Effects of Dark Trading
Authors:
Leonidas Barbopoulos - University of Edinburgh (United Kingdom)
Talis Putnins - University of Technology Sydney (Australia)
Khaladdin Rzayev - University of Edinburgh (United Kingdom)
Presenter: Leonidas Barbopoulos - University of Edinburgh (United Kingdom)

Discussant: - ()

Session: 73-Money and Economic Policy

Room: 1
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Keun Lee - Northern State University (United States)
Paper: Inflation Targeting Policy and Stock Price
Authors:
Keun Lee - Northern State University (United States)
Presenter: Keun Lee - Northern State University (United States)

Discussant: Magdalena Kozinska - Warsaw School of Economics (Poland)

Paper: Covid-19 as an exogenous shock and economic resilience: a case study in Uruguay
Authors:
Ricardo Pascale - University of the Republic, Uruguay. (Uruguay)
Daniel Gianola - University of Wisconsin-Madison (United States)
Presenter: Ricardo Pascale - University of the Republic (Uruguay)

Discussant: Keun Lee - Northern State University (United States)

Paper: Issuance and Valuation of Corporate Bonds with Quantitative Easing
Authors:
Stefano Pegoraro - University of Notre Dame (United States)
Mattia Montagna - European Central Bank (Germany)
Presenter: Stefano Pegoraro - University of Notre Dame (United States)

Discussant: Jaejoon Woo - DePaul University (United States)

Session: 74-Financial Markets

Room: 2
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Mira Farka - California State University, Fullerton (United States)
Paper: The Credit Channel of Monetary Policy Before and After the Zero Lower Bound: Evidence from the US Equity Market
Authors:
Mira Farka Farka - CSUF (United States)
Presenter: Mira Farka - California State University, Fullerton (United States)

Discussant: Zbigniew Polaski - Warsaw School of Economics / Szko?a G?ówna Handlowa w Warszawie (Poland)

Paper: The determinants of liquidity in Colombia: an analysis of the FX spot market
Authors:
Fredy Gamboa - Banco de la República (Colombia)
David Castañeda - Santo Tomás University (Colombia)
Presenter: Fredy Gamboa - Banco de la República (Colombia)

Discussant: Domenico Frascati - Università LUM Giuseppe Degennaro (Italy)

Paper: Financial development effects upon economic growth over multiple horizons
Authors:
Christina Christou - Open University of Cyprus (Cyprus)
Christos Bouras - Open University of Cyprus (Cyprus)
Christis Hassapis - University of Cyprus (Cyprus)
Presenter: Christina Christou - Open University of Cyprus (Cyprus)

Discussant: MARIA DE LA O GONZALEZ PEREZ - UNIVERSIDAD DE CASTILLA-LA MANCHA (Spain)

Session: 75-Venture Capital and Private Equity

Room: 3
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Gabriele Lattanzio - Nazarbayev University (Kazakhstan)
Paper: Dissecting the Listing Gap: Mergers, Private Equity, or Regulation?
Authors:
William Megginson - William Megginson (United States)
Ali Sanati - American University (United States)
Gabriele Lattanzio - Nazarbayev University (Kazakhstan)
Presenter: Gabriele Lattanzio - Nazarbayev University (Kazakhstan)

Discussant: Francesco Baldi - University of Turin (Italy)

Paper: Private Equity Investments and Innovation: Evidence from Europe
Authors:
Huynh Sang Truong - Goethe University Frankfurt (Germany)
Presenter: Huynh Sang Truong - Goethe University Frankfurt (Germany)

Discussant: Bert Smoluk - University of Southern Maine (United States)

Paper: Spatial Proximity in Venture Capital Investments and Assets Intangibility
Authors:
Xinyue Cai - University of Leeds (United Kingdom)
Shima Amini - University of Leeds (United Kingdom)
Nicholas Wilson - University of Leeds (United Kingdom)
Presenter: Xinyue Cai - Leeds University Business School (United Kingdom)

Discussant: Tianyi Song - Kobe University (Japan)

Session: 76-Risk Measures and Asset Pricing

Room: 4
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Felix Kunz - University of Innsbruck (Austria)
Paper: Impact of Market State on Momentum Portfolio Risk and Performance: A Risk-based Explanation
Authors:
Yi Liu - University of North Texas (United States)
he Ren - Texas Woman?s University (United States)
Presenter: Yi Liu - University of North Texas (United States)

Discussant: Pascal Büsing - University of Muenster (Germany)

Paper: Which institutional investor is driving the low-risk anomaly?
Authors:
Felix Kunz - University of Innsbruck (Austria)
Matthias Bank - University of Innsbruck (Austria)
Jochen Lawrenz - University of Innsbruck (Austria)
Presenter: Felix Kunz - University of Innsbruck (Austria)

Discussant: Florian Weigert - University of Neuchâtel (Switzerland)

Paper: Risk in the cryptocurrency markets: The role of structural breaks and fat-tailed distributions in estimating value-at-risk and expected shortfall
Authors:
Saswat Patra - SPJIMR (India)
Neha Gupta - Woxsen University (India)
Presenter: Saswat Patra - SPJIMR (India)

Discussant: Amos Sodjahin - Université de Moncton (Canada)

Session: 77-International Finance

Room: 5
Date/Time: 2022-08-03-09:00 11:00(Europe/Rome)
2022-08-03 09:00-11:00 - Rome
2022-08-03 03:00-05:00 - New York
2022-08-03 02:00-04:00 - Mexico city
2022-08-03 17:00-19:00 - Sydney
2022-08-03 15:00-17:00 - Shanghai
2022-08-03 09:00-11:00 - Johannesburg
2022-08-03 12:30-14:30 - Calcutá
2022-08-03 10:00-12:00 - Moscow
2022-08-03 04:00-06:00 - São Paulo
Chair: Alexis Derviz - Czech National Bank (Czech Republic)
Paper: Cross-Border Venture Capital Valuation: Business-Cycle, Institutional Factors, and Distance
Authors:
MAX BERRE - Audencia Business School (France)
Presenter: Max Berre - Audencia Business School (France)

Discussant: Samuele Sozzani - University of Sassari (Italy)

Paper: Foreign capital flows, financial regulation and optimal credit development
Authors:
Francois d'Assises BATIONO - Université Laval (Canada)
Presenter: Francois d'Assises Bationo - Université Laval (Canada)

Discussant: Robinson Reyes - Florida International University (United States)

Paper: Environmental Tweeting Activity of Car Manufacturers
Authors:
Florian Stöckler - University of Graz (Austria)
Andrea Schertler - University of Graz (Austria)
Presenter: Florian Stöckler - University of Graz (Austria)

Discussant: Maria Elisabete Neves - Polytechnic of Coimbra, Coimbra Business Scholl Research Centre (Portugal)

Paper: Sovereign capital, external balance, and the investment-based Balassa-Samuelson effect in a global dynamic equilibrium
Authors:
Alexis Derviz - Czech National Bank (Czech Republic)
Presenter: Alexis Derviz - Czech National Bank (Czech Republic)

Discussant: Florian Stöckler - University of Graz (Austria)

Session: 78-Corporate Finance

Room: 6
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Richard Lord - Montclair State University (United States)
Paper: Reporting of Discontinued Operations: Firm Size and Regulatory Regimes
Authors:
Richard Lord - Montclair State University (United States)
Yoshie Saito - Brooklyn College (United States)
Presenter: Richard Lord - Montclair State University (United States)

Discussant: ERIC DUCA - CUNEF UNIVERSIDAD (Spain)

Paper: Founder Exit and Ethnicity in Technology Entrepreneurship
Authors:
Ilanit Gavious - Ben-Gurion University of the Negev (Israel)
Ramy Elitzur - University of Toronto (Canada)
Orit Milo - Ben-Gurion University of the Negev (Israel)
Presenter: Orit Milo - Ben-Gurion University (Israel)

Discussant: Enrico Battisti - University of Turin (Italy)

Session: 79-Corporate Finance II

Room: 7
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Ibtissem Rouine - IDRAC (France)
Paper: JAQ of All Trades: Job Mismatch and Firm Productivity
Authors:
Luca Coraggio - University of Naples Federico II (Italy)
Marco Pagano - University of Naples Federico II (Italy)
Annalisa Scognamiglio - University of Naples Federico II (Italy)
Joacim Tåg - Research Institute of Industrial Economics (IFN) (Sweden)
Presenter: Luca Coraggio - University of Naples Federico II (Italy)

Discussant: Ahmed Prapan - University of Manchester (United Kingdom)

Paper: Political risk and Takeover completion Likelihood
Authors:
Ibtissem Rouine - IDRAC (France)
Presenter: Ibtissem Rouine - IDRAC (France)

Discussant: hubert de la bruslerie - IAE de Paris (France)

Paper: What Do Employees Know
Authors:
Kristina Lalova - University of Connecticut (United States)
Presenter: Kristina Lalova - University of Connecticut (United States)

Discussant: Valeria Fedyk - London Business School (United Kingdom)

Session: 80-Banking & Financial Institutions

Room: 8
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Godfrey Marozva - University of South Africa (South Africa)
Paper: Role of Bank Credit and External Commercial Borrowings in Working Capital Financing: Evidence from Indian Manufacturing Firms
Authors:
Daitri Tiwary - Birla Institute of Management Technology (India)
Anupam Naskar - Indira Gandhi Institute of Development Research (India)
Presenter: Daitri Tiwary - Birla Institute of Management Technology (India)

Discussant: Ângela Vaz - U. VIGO and ISCAP P.Porto (Portugal)

Paper: Forms Of Cooperation And Competition Between Banks And Non-Banking Entities
Authors:
Agnieszka Wójcik-Czerniawska - Warsaw School of Economics (Poland)
Presenter: Agnieszka Wójcik-Czerniawska - Warsaw School of Economics (Poland)

Discussant: Juhi Gupta - Department of Management Studies, Indian Institute of Technology Delhi (India)

Paper: Monetary policy and inequality interactions: Should central banks be concerned?
Authors:
Godfrey Marozva - UNISA (South Africa)
Margaret Magwedere - UNISA (South Africa)
Presenter: Godfrey Marozva - University of South Africa (South Africa)

Discussant: Francisco Javier Sanchez-Vidal - Universidad Politécnica de Cartagena (Spain)

Session: 81-Corporate Governance and performances

Room: 9
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Prasenjit Chakrabarti - IIM Ranchi (India)
Paper: The interaction effect of text-based corporate innovation and economic policy uncertainty on firm performance
Authors:
Pattanaporn Chatjuthamard - Sasin School of Management (Thailand)
Nattarinee Denlertchaikul - Sasin School of Management (Thailand)
Presenter: Nattarinee Denlertchaikul - Sasin School of Management (Thailand)

Discussant: Uliana Filatova - Florida Atlantic University (United States)

Paper: Costs of corporate governance failures: South African evidence.
Authors:
Tapiwa Muzata - University of South Africa (South Africa)
Presenter: Tapiwa Muzata - University of South Africa (South Africa)

Discussant: Rosalia Santulli - University of Genoa (Italy)

Paper: Do Related Party Transactions Influence Risk of Group Affiliated Firms in India
Authors:
Ankita Prabhakar - Indian Institute of Management, Ranchi (India)
Prasenjit Chakrabarti - Indian Institute of Management, Ranchi (India)
Presenter: Prasenjit Chakrabarti - IIM Ranchi (India)

Discussant: Ahmed Alanazi - Alfaisal University (Saudi Arabia)

Session: 82-Fintech

Room: 10
Date/Time: 2022-08-03-09:00 10:30(Europe/Rome)
2022-08-03 09:00-10:30 - Rome
2022-08-03 03:00-04:30 - New York
2022-08-03 02:00-03:30 - Mexico city
2022-08-03 17:00-18:30 - Sydney
2022-08-03 15:00-16:30 - Shanghai
2022-08-03 09:00-10:30 - Johannesburg
2022-08-03 12:30-14:00 - Calcutá
2022-08-03 10:00-11:30 - Moscow
2022-08-03 04:00-05:30 - São Paulo
Chair: Andrea Orame - Bank of Italy (Italy)
Paper: Who Knows Best? Evaluation of Social Media Skills
Authors:
Maud Goutte - Swiss Finance Institute (Switzerland)
Presenter: Maud Goutte - Swiss Finance Institute (Switzerland)

Discussant: Merlin Bartel - University of Liechtenstein (Austria)

Paper: THE DIGITAL TRANSFORMATION IN THE ITALIAN BANKING SECTOR
Authors:
Paola Rossi - Bank of Italy (Italy)
Davide Arnaudo - Bank of Italy (Italy)
Silvia Del Prete - Bank of Italy (Italy)
Marcello Pagnini - Bank of Italy (Italy)
Andrea Orame - Bank of Italy (Italy)
Presenter: Andrea Orame - Bank of Italy (Italy)

Discussant: Christopher Priberny - Deutsche Bundesbank University of Applied Sciences (Germany)

Paper: Diversifying Estimation Errors with Unsupervised Machine Learning
Authors:
Merlin Bartel - University of Liechtenstein (Liechtenstein)
Sebastian Stöckl - University of Liechtenstein (Liechtenstein)
Presenter: Merlin Bartel - University of Liechtenstein (Austria)

Discussant: Maud Goutte - Swiss Finance Institute (Switzerland)

Session: 83-Coffee Break

Date/Time: 2022-08-03-10:30 11:00(Europe/Rome)
2022-08-03 10:30-11:00 - Rome
2022-08-03 04:30-05:00 - New York
2022-08-03 03:30-04:00 - Mexico city
2022-08-03 18:30-19:00 - Sydney
2022-08-03 16:30-17:00 - Shanghai
2022-08-03 10:30-11:00 - Johannesburg
2022-08-03 14:00-14:30 - Calcutá
2022-08-03 11:30-12:00 - Moscow
2022-08-03 05:30-06:00 - São Paulo
Session: 84-Fintech

Room: 1
Date/Time: 2022-08-03-11:00 12:30(Europe/Rome)
2022-08-03 11:00-12:30 - Rome
2022-08-03 05:00-06:30 - New York
2022-08-03 04:00-05:30 - Mexico city
2022-08-03 19:00-20:30 - Sydney
2022-08-03 17:00-18:30 - Shanghai
2022-08-03 11:00-12:30 - Johannesburg
2022-08-03 14:30-16:00 - Calcutá
2022-08-03 12:00-13:30 - Moscow
2022-08-03 06:00-07:30 - São Paulo
Chair: Irena Vodenska - Boston University (United States)
Paper: Innovative Fintech Applications to Responsible Banking
Authors:
Maryan Rizinski - Boston University (United States)
Hristijan Peshov - Ss. Cyril and Methodius University (Macedonia)
Kostadin Mishev - Ss. Cyril and Methodius University (Macedonia)
Irena Vodenska - Boston University (United States)
Dimitar Trajanov - Ss. Cyril and Methodius University (Macedonia)
Lou Chitkushev - Boston University (United States)
Presenter: Irena Vodenska - Boston University (United States)

Discussant: Guido Max(imillian) Mantovani - International University of Monaco & Ca' Foscari University of Venice (Italy)

Paper: Stylized facts, volatility dynamics and risk measures of cryptocurrencies
Authors:
Alfreda Sapkauskiene - Vilnius University (Lithuania)
Rasa Bruzge - Vilnius University (Lithuania)
Jurgita Cerneviciene - UAB Goddi (Lithuania)
Presenter: Alfreda Sapkauskiene - Vilnius University (Lithuania)

Discussant: Francois d'Assises Bationo - Université Laval (Canada)

Paper: THE MOOD BEHIND ICOs CRYPTOMARKETS
Authors:
Guido Max MANTOVANI - International University of Monaco & Ca' Foscari University Venice (Italy)
Noemi GAMBA - Teofilo Intato Institute (Italy)
Presenter: Guido Max(imillian) Mantovani - International University of Monaco & Ca' Foscari University of Venice (Italy)

Discussant: Irena Vodenska - Boston University (United States)

Session: 85-Corporate Finance

Room: 2
Date/Time: 2022-08-03-11:00 12:30(Europe/Rome)
2022-08-03 11:00-12:30 - Rome
2022-08-03 05:00-06:30 - New York
2022-08-03 04:00-05:30 - Mexico city
2022-08-03 19:00-20:30 - Sydney
2022-08-03 17:00-18:30 - Shanghai
2022-08-03 11:00-12:30 - Johannesburg
2022-08-03 14:30-16:00 - Calcutá
2022-08-03 12:00-13:30 - Moscow
2022-08-03 06:00-07:30 - São Paulo
Chair: Tomas Tichy - VSB-Technical University Ostrava (Czech Republic)
Paper: Evidence on capital structure theories from the firm?s lifecycle
Authors:
eric duca - Colegio Universitario de Estudios Financieros (CUNEF) (Spain)
Presenter: ERIC DUCA - CUNEF UNIVERSIDAD (Spain)

Discussant: Nattarinee Denlertchaikul - Sasin School of Management (Thailand)

Paper: Company performance under various and multiple ownership classes: Evidence from Saudi Tadawul
Authors:
Ahmed Alanazi - Alfaisal University (Saudi Arabia)
Presenter: Ahmed Alanazi - Alfaisal University (Saudi Arabia)

Discussant: Daitri Tiwary - Birla Institute of Management Technology (India)

Paper: Ice-Cream Sales Forecasting with Weather Data: A Method Based on Fuzzy Logic
Authors:
Tomas Tichy - Vysoká škola bá?ská – Technická univerzita Ostrava (Czech Republic)
Presenter: Tomas Tichy - VSB-Technical University Ostrava (Czech Republic)

Discussant: Mohamed Mahboob Mohamed Nafeel - University of Malaya - Academy of Islamic Studies (Malaysia)

Session: 86-Market Efficiency and Asset Pricing

Room: 4
Date/Time: 2022-08-03-11:00 13:00(Europe/Rome)
2022-08-03 11:00-13:00 - Rome
2022-08-03 05:00-07:00 - New York
2022-08-03 04:00-06:00 - Mexico city
2022-08-03 19:00-21:00 - Sydney
2022-08-03 17:00-19:00 - Shanghai
2022-08-03 11:00-13:00 - Johannesburg
2022-08-03 14:30-16:30 - Calcutá
2022-08-03 12:00-14:00 - Moscow
2022-08-03 06:00-08:00 - São Paulo
Chair: Nikiforos Laopodis - The American College of Greece (Greece)
Paper: Do Insiders Exploit Supply Chain Disruptions?
Authors:
A. Can Inci - Bryant University (United States)
Presenter: A. Can Inci - Bryant University (United States)

Discussant: Muge Saglam-Bezgin - Karamanoglu mehmetbey University| (Turkey)

Paper: A quasi-optimal technique for rebalancing a cryptocurrency wallet
Authors:
Michal Bernardelli - SGH Warsaw School of Economics (Poland)
Mariusz Próchniak - SGH Warsaw School of Economics (Poland)
Bartosz Witkowski - SGH Warsaw School of Economics (Poland)
Presenter: Michal Bernardelli - SGH Warsaw School of Economics (Poland)

Discussant: Haitham Al-Zoubi - Alfaisal University (Saudi Arabia)

Paper: Adaptive Market Hypothesis and A Research on Borsa Istanbul
Authors:
Muge Saglam-Bezgin - Karamanoglu mehmetbey University (Turkey)
Presenter: Muge Saglam-Bezgin - Karamanoglu mehmetbey University| (Turkey)

Discussant: Adnan Gazi - University of Liverpool (United Kingdom)

Paper: The explanatory power of Fama-French factors for industry returns: Evidence from the US
Authors:
nikiforos laopodis - The American College of Greece (Greece)
Presenter: Nikiforos Laopodis - The American College of Greece (Greece)

Discussant: Andrei Semenov - York University (Canada)

Session: 87-Financial Crises

Room: 5
Date/Time: 2022-08-03-11:00 12:30(Europe/Rome)
2022-08-03 11:00-12:30 - Rome
2022-08-03 05:00-06:30 - New York
2022-08-03 04:00-05:30 - Mexico city
2022-08-03 19:00-20:30 - Sydney
2022-08-03 17:00-18:30 - Shanghai
2022-08-03 11:00-12:30 - Johannesburg
2022-08-03 14:30-16:00 - Calcutá
2022-08-03 12:00-13:30 - Moscow
2022-08-03 06:00-07:30 - São Paulo
Chair: Jaejoon Woo - DePaul University (United States)
Paper: Does the CSR Reduce the Impact of Crises on Financial Markets? Worldwide Evidence From COVID-19 Pandemic
Authors:
Niccolò Nirino - University of Turin (Italy)
Nicola Migglietta - University of Turin (Italy)
Joao Paulo Vieito - Escola Superior de Ciências Empresariais, Instituto Politécnico de Viana do (Portugal)
Presenter: Niccolò Nirino - University of Turin (Italy)

Discussant: Christian Kreuzer - University of Regensburg (Germany)

Paper: Financial Crises and Inequality: New Evidence from a Panel of 17 Advanced Economies
Authors:
Jaejoon Woo - DePaul University (United States)
Presenter: Jaejoon Woo - DePaul University (United States)

Discussant: Ewa Cichowicz - SGH Warsaw School of Economics (Poland)

Paper: Extension of the Fama and French five-factor Model: a study of the largest European pharmaceutical companies
Authors:
MARIA DE LA O GONZALEZ - UNIVERSIDAD DE CASTILLA-LA MANCHA (Spain)
FRANCISCO JAREÑO - UNIVERSIDAD DE CASTILLA-LA MANCHA (Spain)
Presenter: MARIA DE LA O GONZALEZ PEREZ - UNIVERSIDAD DE CASTILLA-LA MANCHA (Spain)

Discussant: Michael Frömmel - Ghent University (Belgium)

Session: 88-Investments

Room: 6
Date/Time: 2022-08-03-11:00 13:00(Europe/Rome)
2022-08-03 11:00-13:00 - Rome
2022-08-03 05:00-07:00 - New York
2022-08-03 04:00-06:00 - Mexico city
2022-08-03 19:00-21:00 - Sydney
2022-08-03 17:00-19:00 - Shanghai
2022-08-03 11:00-13:00 - Johannesburg
2022-08-03 14:30-16:30 - Calcutá
2022-08-03 12:00-14:00 - Moscow
2022-08-03 06:00-08:00 - São Paulo
Chair: Diego Bonelli - Norwegian School of Economics (Norway)
Paper: Idiosyncratic Skewness Co-movement and Aggregate Stock Returns
Authors:
Federico Nardari - University of Melbourne (Australia)
Bochen Wu - University of Melbourne (Australia)
Qi Zeng - University of Melbourne (Australia)
Presenter: Federico Nardari - University of Melbourne (Australia)

Discussant: Fabio Moneta - University of Ottawa (Canada)

Paper: Hedge Funds, Prime Brokers, and Corporate Bond Offerings
Authors:
Diego Bonelli - Norwegian School of Economics (Norway)
Presenter: Diego Bonelli - Norwegian School of Economics (Norway)

Discussant: Maria Elisabete Neves - Polytechnic of Coimbra, Coimbra Business Scholl Research Centre (Portugal)

Paper: Bond markets under pressure: the moderating role of E&S performance during the Covid crisis
Authors:
Polina Efremenko - University of Neuchatel (Switzerland)
Carolina Salva - University of Neuchatel (Switzerland)
Sudheer Chava - Georgia Institute of Technology (United States)
Presenter: Polina Efremenko - University of Neuchatel (Switzerland)

Discussant: Jorge Brusa - Texas A&M International University (United States)

Paper: Subjective Risk Premia on Foreign Bonds
Authors:
Ilaria Piatti - Queen Mary University of London (United Kingdom)
Daniel Pesch - University of Oxford (United Kingdom)
Paul Whelan - Copenhagen Business School (Denmark)
Presenter: Paul Whelan - Copenhagen Business School (Denmark)

Discussant: Diego Bonelli - Norwegian School of Economics (Norway)

Session: 89-Banking and Financial Institutions

Room: 7
Date/Time: 2022-08-03-11:00 12:30(Europe/Rome)
2022-08-03 11:00-12:30 - Rome
2022-08-03 05:00-06:30 - New York
2022-08-03 04:00-05:30 - Mexico city
2022-08-03 19:00-20:30 - Sydney
2022-08-03 17:00-18:30 - Shanghai
2022-08-03 11:00-12:30 - Johannesburg
2022-08-03 14:30-16:00 - Calcutá
2022-08-03 12:00-13:30 - Moscow
2022-08-03 06:00-07:30 - São Paulo
Chair: Damiano Bruno Silipo - Università della Calabria (Italy)
Paper: A New Early Warning Index to Predict Bank?s Failure
Authors:
Damiano Bruno Silipo Silipo - Università della Calabria (Italy)
Giovanni Verga - Università di Parma (Italy)
Presenter: Damiano Bruno Silipo - Università della Calabria (Italy)

Discussant: Elisa Casu - Independent Economist (Italy)

Paper: International Trades, Capital Regulations, and Efficiency: The Case of the Chinese Banking Sector during the Pre-Trade War Era
Authors:
SUNIL MOHANTY - Brooklyn College, The City University of New York (United States)
HONG-JEN LIN - Brooklyn College, The City University of New York (United States)
Presenter: Hong-Jen Lin - Brooklyn College of CUNY (United States)

Discussant: Meng Xu - King's College London (United Kingdom)

Paper: Liquidity pressure, ECB?s interventions, and sovereign creditworthiness: The last rise of the Black Swan
Authors:
Mehdi Janbaz - University of Udine and University of Trieste (Italy)
Mohammad Kabir Hassan - University of New Orleans (United States)
Josanco Floreani - University of Udine (Italy)
Alberto Dreassi - University of Trieste (Italy)
Presenter: Mehdi Janbaz - University of Udine and University of Trieste (Italy)

Discussant: Thomas Mondschean - DePaul University (United States)

Session: 90-Monetary and Economic Policy

Room: 8
Date/Time: 2022-08-03-11:00 12:30(Europe/Rome)
2022-08-03 11:00-12:30 - Rome
2022-08-03 05:00-06:30 - New York
2022-08-03 04:00-05:30 - Mexico city
2022-08-03 19:00-20:30 - Sydney
2022-08-03 17:00-18:30 - Shanghai
2022-08-03 11:00-12:30 - Johannesburg
2022-08-03 14:30-16:00 - Calcutá
2022-08-03 12:00-13:30 - Moscow
2022-08-03 06:00-07:30 - São Paulo
Chair: Gabriella Legrenzi - Keele University (United Kingdom)
Paper: Feeling the Heat: Climate Shocks and Credit Ratings
Authors:
Joao Jalles - University of Lisbon (Portugal)
Serhan Cevik - IMF (United States)
Presenter: Joao Jalles - University of Lisbon (Portugal)

Discussant: Minjia Chen - University of Nottingham (United Kingdom)

Paper: External imbalances in the euro periphery: new evidence from non-linear models
Authors:
Gabriella Legrenzi - Keele University (United Kingdom)
Costas Milas - Liverpool University (United Kingdom)
Presenter: Gabriella Legrenzi - Keele University (United Kingdom)

Discussant: Joao Jalles - University of Lisbon (Portugal)

Paper: Central Bank Digital Currency - economic or political project?
Authors:
Magdalena Kozinska - Warsaw School of Economics (Poland)
Presenter: Magdalena Kozinska - Warsaw School of Economics (Poland)

Discussant: Sakshi Narula - Indian Institute Technology, Delhi (India)

Session: 91-Corporate Finance II

Room: 9
Date/Time: 2022-08-03-11:00 12:30(Europe/Rome)
2022-08-03 11:00-12:30 - Rome
2022-08-03 05:00-06:30 - New York
2022-08-03 04:00-05:30 - Mexico city
2022-08-03 19:00-20:30 - Sydney
2022-08-03 17:00-18:30 - Shanghai
2022-08-03 11:00-12:30 - Johannesburg
2022-08-03 14:30-16:00 - Calcutá
2022-08-03 12:00-13:30 - Moscow
2022-08-03 06:00-07:30 - São Paulo
Chair: Trond Randøy - University of Agder (Norway)
Paper: Relationship between R&D intensity and the value, operating performance and systematic risk of businesses
Authors:
Emanuele Teti - Università di Pisa (Italy)
Giovanna Mariani - Università di Pisa (Italy)
Maria Saveria Mavillonio - Università di Pisa (Italy)
Francesco Pistolesi - Università di Pisa (Italy)
Presenter: Maria Saveria Mavillonio - Department of Economics and Management (Italy)

Discussant: Trond Randøy - University of Agder (Norway)

Paper: The intertemporal relationship between working capital policies and dynamics of corporate cash holdings? Evidence from emerging and developed economies
Authors:
Santanu Das - Jaipuria Institute of Management (India)
Ashish Kumar - Indian Institute of Management, Kashipur (India)
Presenter: Ashish Kumar - Indian Institute of Management Kashipur (India)

Discussant: Maria Saveria Mavillonio - Department of Economics and Management (Italy)

Paper: Organizational Capital and Stock Price Crash Risk
Authors:
Joseph SOWAH - Institute for Financial & Accounting Studies, Xiamen University (China)
Zhe Shen - School of Management, Xiamen University (China)
Norvald Instefjord - Essex Business School, University of Essex (United Kingdom)
Shan Li - Institute for Financial & Accounting Studies, Xiamen University (China)
Presenter: Joseph Sowah - Xiamen University (China)

Discussant: Rachele Anconetani - University of Turin (Italy)

Session: 92-Banking & Financial Institutions II

Room: 10
Date/Time: 2022-08-03-11:00 12:30(Europe/Rome)
2022-08-03 11:00-12:30 - Rome
2022-08-03 05:00-06:30 - New York
2022-08-03 04:00-05:30 - Mexico city
2022-08-03 19:00-20:30 - Sydney
2022-08-03 17:00-18:30 - Shanghai
2022-08-03 11:00-12:30 - Johannesburg
2022-08-03 14:30-16:00 - Calcutá
2022-08-03 12:00-13:30 - Moscow
2022-08-03 06:00-07:30 - São Paulo
Chair: Mohammed Elgammal - Qatar University (Qatar)
Paper: Can Accounting Regulation Strengthen Resilience? The Impact of IFRS 9 Adoption on Loan Loss Provisioning and Bank Behavior
Authors:
Michael Mies - University of Siegen (Germany)
Michael Menk - Hochschule für den öffentlichen Dienst in Bayern (Germany)
Presenter: Michael Mies - University of Siegen (Germany)

Discussant: Mohammed Elgammal - Qatar University (Qatar)

Paper: Corruption and Bank Financial Stability: Evidence from MENA countries
Authors:
Mohammed Elgammal - Qatar University (Qatar)
Marwa Elnahass - Newcastle University (United Kingdom)
Mohamed Marie - Cairo University (Egypt)
Presenter: Mohammed Elgammal - Qatar University (Qatar)

Discussant: Michael Mies - University of Siegen (Germany)

Paper: A Framework for Unleashing the Statement of Financial Position potential for Sustainable Assets in European Banks
Authors:
chekani nkwaira - UNIVERSITY OF SOUTH AFRICA Graduate sSchool of Business Leadership (South Africa)
huibrecht van der Poll - University of South Arica gGraduate School of Business Leadership (South Africa)
Presenter: Chekani Nkwaira| - University of South Africa (South Africa)

Discussant: Stefan Mayer - Universität Augsburg (Germany)

Session: 93-Trading behavior and Netwrok . VIRTUAL

Room: Virtual
Date/Time: 2022-08-03-12:30 14:00(Europe/Rome)
2022-08-03 12:30-14:00 - Rome
2022-08-03 06:30-08:00 - New York
2022-08-03 05:30-07:00 - Mexico city
2022-08-03 20:30-22:00 - Sydney
2022-08-03 18:30-20:00 - Shanghai
2022-08-03 12:30-14:00 - Johannesburg
2022-08-03 16:00-17:30 - Calcutá
2022-08-03 13:30-15:00 - Moscow
2022-08-03 07:30-09:00 - São Paulo
Chair: Martin Angerer - Universität Liechtenstein (Liechtenstein)
Paper: Beware of Extreme Investor Sentiments! Performance of Neuro Specific Options Volatility Trading Strategies: Indian Evidence on the facets of COVID 19
Authors:
Ansu Royit - St. Thomas College, Palai (India)
Dr. Babu Jose - St. Thomas College, Palai (India)
James Varghese - St. Thomas College, Palai (India)
Presenter: Ansu Royit - St. Thomas College, Palai (India)

Discussant: Kamran Quddus - IIM Ranchi (India)

Paper: The Hidden Effects of EU Sanctions on European Exports to Russia: Winners and Losers
Authors:
Morad Bali - Duke University (United States)
Presenter: Morad Bali - Duke University & Center for Research on International Security and European Cooperation (France)

Discussant: Deeksha Gupta - Indian Institute of Management, Ranchi (India)

Paper: Ally, or Rival? Information Sharing in Trading Networks
Authors:
Martin Angerer - Universität Liechtenstein (Liechtenstein)
Matthias Herrmann-Romero - Universität Liechtenstein (Liechtenstein)
Wiebke Szymczak - University of Hamburg (Germany)
Presenter: Martin Angerer - Universität Liechtenstein (Liechtenstein)

Discussant: Benedikt Ballensiefen - University of St. Gallen and World Bank Group (United States)

Session: 94-Financial Markets and Regulation - VIRTUAL

Room: Virtual
Date/Time: 2022-08-03-12:30 14:30(Europe/Rome)
2022-08-03 12:30-14:30 - Rome
2022-08-03 06:30-08:30 - New York
2022-08-03 05:30-07:30 - Mexico city
2022-08-03 20:30-22:30 - Sydney
2022-08-03 18:30-20:30 - Shanghai
2022-08-03 12:30-14:30 - Johannesburg
2022-08-03 16:00-18:00 - Calcutá
2022-08-03 13:30-15:30 - Moscow
2022-08-03 07:30-09:30 - São Paulo
Chair: Nhan Huynh - Department of Applied Finance, Macquarie Business School, Macquarie University (Australia)
Paper: Does Mobile Payment Adoption Reduce Corruption? Cross-country Evidence
Authors:
Lin Tang - The University of Hong Kong (China)
Hong Zou - The University of Hong Kong (China)
Yuhai Xuan - University of California, Irvine (United States)
Presenter: Lin Tang - The University of Hong Kong (China)

Discussant: Adnan Aslam - Coventry University (United Kingdom)

Paper: How would European firms fund themselves in the United States?
Authors:
Hannah Winterberg - University of St.Gallen (Switzerland)
Presenter: Hannah Winterberg - University of St. Gallen (Germany)

Discussant: Nhan Huynh - Department of Applied Finance, Macquarie Business School, Macquarie University (Australia)

Paper: Evolution of Investor Sentiment: A systematic literature review and bibliometric analysis
Authors:
Nhan Huynh - Department of Applied Finance, Macquarie Business School, Macquarie University (Australia)
Presenter: Nhan Huynh - Department of Applied Finance, Macquarie Business School, Macquarie University (Australia)

Discussant: Lin Tang - The University of Hong Kong (China)

Paper: A Very Fast Algorithm for Implied Step Barriers
Authors:
Yu-Ming Lu - National Taiwan University (Taiwan)
Yuh-Dauh Lyuu - National Taiwan University (Taiwan)
Presenter: Yu-Ming Lu - National Taiwan University (Taiwan)

Discussant: Adrian Licht - Universidad Francisco Marroquín (Guatemala)

Session: 95-Corporate Governance - VIRTUAL

Room: Virtual
Date/Time: 2022-08-03-12:30 14:30(Europe/Rome)
2022-08-03 12:30-14:30 - Rome
2022-08-03 06:30-08:30 - New York
2022-08-03 05:30-07:30 - Mexico city
2022-08-03 20:30-22:30 - Sydney
2022-08-03 18:30-20:30 - Shanghai
2022-08-03 12:30-14:30 - Johannesburg
2022-08-03 16:00-18:00 - Calcutá
2022-08-03 13:30-15:30 - Moscow
2022-08-03 07:30-09:30 - São Paulo
Chair: Luana Serino - University of Campania Luigi Vanvitelli (Italy)
Paper: Institutional Investor Cliques and Earnings Management
Authors:
Hao Zheng - Deakin University (Australia)
Yao Ge - Xiamen Univeristy (China)
Xiaodong Guo - Guizhou University of Finance and Economics (China)
Zheng Qiao - Xi?an Jiaotong University (China)
Presenter: Hao Zheng - Deakin University (Australia)

Discussant: Deeljore Rudranee Devi - University of Mauritius (Mauritius)

Paper: Independence of Board, Board Engagement, and Firm Performance Nexus
Authors:
Mohd Merajuddin Inamdar - National Institutes of Securities Markets (India)
Presenter: Mohd Merajuddin Inamdar - National Institute Of Securities Markets (India)

Discussant: Samridhi Suman - Indian Institute of Technology Delhi (India)

Paper: Effectiveness of corporate governance on financial reporting quality in the banking industry in Mauritius
Authors:
Deeljore Rudranee - University of Mauritius (Mauritius)
Presenter: Deeljore Rudranee Devi - University of Mauritius (Mauritius)

Discussant: Hao Zheng - Deakin University (Australia)

Paper: Women in the banking system: The glass ceiling in Italy
Authors:
Luana Serino - University of Campania (Italy)
Francesco Campanella - University of Campania (Italy)
Presenter: Luana Serino - University of Campania Luigi Vanvitelli (Italy)

Discussant: Sarra Ghaddab - University of Claude Bernard Lyon1 & University of Sousse (France)

Session: 96-Corporate Finance - VIRTUAL

Room: Virtual
Date/Time: 2022-08-03-12:30 14:00(Europe/Rome)
2022-08-03 12:30-14:00 - Rome
2022-08-03 06:30-08:00 - New York
2022-08-03 05:30-07:00 - Mexico city
2022-08-03 20:30-22:00 - Sydney
2022-08-03 18:30-20:00 - Shanghai
2022-08-03 12:30-14:00 - Johannesburg
2022-08-03 16:00-17:30 - Calcutá
2022-08-03 13:30-15:00 - Moscow
2022-08-03 07:30-09:00 - São Paulo
Chair: Jan Pieter Veerhoek - University of Antwerp + University of Maastricht (Netherlands)
Paper: Drivers of Corporate Cash Holdings in MSMEs: Evidence from India
Authors:
Vedika Saxena - Indian Institute of Management Lucknow (India)
Seshadev Sahoo - Indian Institute of Management Lucknow (India)
Presenter: Vedika Saxena - Indian Institute of Management Lucknow (India)

Discussant: Jan Pieter Veerhoek - University of Antwerp + University of Maastricht (Netherlands)

Paper: Impact of ESG Ratings on Stock Returns: Evidence from the Covid-19 Crisis
Authors:
Anjali Srivastava - Indian Institute of Management Ranchi (India)
Deeksha Gupta - Indian Institute of Management Ranchi (India)
Presenter: Anjali Srivastava - Indian Institute of Management Ranchi (India)

Discussant: Yancheng Qiu - Hong Kong University of Science and Technology (Hong Kong)

Paper: CEO PERSONALITY AND EXECUTIVES PERSONALITY DIFFERENCES EFFECT ON CASH HOLDINGS: EVIDENCE FROM TEXTUAL ANALYSIS
Authors:
Jan Pieter Veerhoek - University of Antwerp + University of Maastricht (Netherlands)
Presenter: Jan Pieter Veerhoek - University of Antwerp + University of Maastricht (Netherlands)

Discussant: Hao Shen - Illinois Institute of Technology (United States)

Paper: Do Energy Markets Drive Private Capital Flows?
Authors:
Lawrence Atuna - Simon Dei-Dong Dombo University of Business and Integrated Development Studies (Ghana)
Presenter: Lawrence Atuna - Simon Dei-Dong Dombo University of Business and Integrated Development Studies (Ghana)

Discussant: - ()

Session: 97-Real State and Tax Avoidance- VIRTUAL

Room: Virtual
Date/Time: 2022-08-03-12:30 14:00(Europe/Rome)
2022-08-03 12:30-14:00 - Rome
2022-08-03 06:30-08:00 - New York
2022-08-03 05:30-07:00 - Mexico city
2022-08-03 20:30-22:00 - Sydney
2022-08-03 18:30-20:00 - Shanghai
2022-08-03 12:30-14:00 - Johannesburg
2022-08-03 16:00-17:30 - Calcutá
2022-08-03 13:30-15:00 - Moscow
2022-08-03 07:30-09:00 - São Paulo
Chair: Taha Ahsin - Duke University (United States)
Paper: Tax Avoidance: Tax Saving or Rent Extraction
Authors:
Yutong Ye - Coventry University (United Kingdom)
Jun Wang - Coventry University (United Kingdom)
Yilmaz Guney - Coventry University (United Kingdom)
Presenter: Yutong Ye - Coventry University (United Kingdom)

Discussant: Anthony Kyiu - Durham University (United Kingdom)

Paper: Your Land is My Land: Civil Conquest, Asset Protection, and Real Estate Value
Authors:
Artem Joukov - University of Texas at Dallas (United States)
Presenter: Artem Joukov - University of Texas at Dallas (United States)

Discussant: Taha Ahsin - Duke University (United States)

Paper: Red Tape, Greenleaf: Creditor Behavior Under Costly Collateral Enforcement
Authors:
Taha Ahsin - Duke University (United States)
Presenter: Taha Ahsin - Duke University (United States)

Discussant: Julia Braun - University Of Hohenheim (Germany)

Session: 98-Corporate Finance II - VIRTUAL

Room: Virtual
Date/Time: 2022-08-03-12:30 14:30(Europe/Rome)
2022-08-03 12:30-14:30 - Rome
2022-08-03 06:30-08:30 - New York
2022-08-03 05:30-07:30 - Mexico city
2022-08-03 20:30-22:30 - Sydney
2022-08-03 18:30-20:30 - Shanghai
2022-08-03 12:30-14:30 - Johannesburg
2022-08-03 16:00-18:00 - Calcutá
2022-08-03 13:30-15:30 - Moscow
2022-08-03 07:30-09:30 - São Paulo
Chair: Hyunwoo Woo - Yonsei University (South Korea)
Paper: Evaluation of various Public Policy Schemes & Microfinance initiatives on economic welfare of people in India
Authors:
Nishi Malhotra - IIM Kozhikode, Hostel G Room 19 (India)
Dr Pankaj Baag - IIM Kozhikode (India)
Presenter: Nishi Malhotra - IIM Kozhikode (India)

Discussant: Samuel Tawiah Baidoo - Kwame Nkrumah University of Science and Technology, Kumasi- Ghana (Ghana)

Paper: The effect of investment inefficiency on the implied cost of equity capital: Evidence from Indian firms
Authors:
Jains P Chacko - IFMR Graduate School of Business, Krea University (India)
Lakshmi Padmakumari - IFMR Graduate School of Business, Krea University (India)
Presenter: Jains P Chacko - Krea University (India)

Discussant: Hyunwoo Woo - Yonsei University (South Korea)

Paper: Determinants of Investor Reaction to Statutory Corporate Tax Change: Evidence from India
Authors:
Vasanthi Mamidala - Indian Institute of Management, Visakhapatnam (India)
Mohammad Shameem Jawed - Indian Institute of Management, Visakhapatnam (India)
Presenter: Vasanthi Mamidala - Indian Institute of Management, Visakhapatnam (India)

Discussant: Gunjan Seth - London Business School (United Kingdom)

Paper: Is it a patent to show off ahead of IPO?
Authors:
Hyunwoo Woo - Yonsei University (South Korea)
Presenter: Hyunwoo Woo - Yonsei University (South Korea)

Discussant: Mutian Sun - Coventry University (United Kingdom)

Session: 99-Lunch

Date/Time: 2022-08-03-12:30 14:00(Europe/Rome)
2022-08-03 12:30-14:00 - Rome
2022-08-03 06:30-08:00 - New York
2022-08-03 05:30-07:00 - Mexico city
2022-08-03 20:30-22:00 - Sydney
2022-08-03 18:30-20:00 - Shanghai
2022-08-03 12:30-14:00 - Johannesburg
2022-08-03 16:00-17:30 - Calcutá
2022-08-03 13:30-15:00 - Moscow
2022-08-03 07:30-09:00 - São Paulo
Session: 100-KEYNOTE SPEAKER - PROF. THEO VERMAELEN, INSEAD

Date/Time: 2022-08-03-14:00 15:00(Europe/Rome)
2022-08-03 14:00-15:00 - Rome
2022-08-03 08:00-09:00 - New York
2022-08-03 07:00-08:00 - Mexico city
2022-08-03 22:00-23:00 - Sydney
2022-08-03 20:00-21:00 - Shanghai
2022-08-03 14:00-15:00 - Johannesburg
2022-08-03 17:30-18:30 - Calcutá
2022-08-03 15:00-16:00 - Moscow
2022-08-03 09:00-10:00 - São Paulo
Session: 101-Corporate Governance

Room: 1
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: Costanza Consolandi - University of Siena (Italy)
Paper: 1 Impact of ISO 14001 and ISO 9001 adoption on corporate performance: The Portuguese Evidence
Authors:
Maria Neves - Polytechnic Institute of Coimbra|Coimbra Business School|ISCAC & University of Trás-os-Montes and Alto Douro|CETRAD (Portugal)
Sofia Reis - Coimbra Business School|ISCAC (Portugal)
Pedro Reis - ESTGV (Portugal)
António Dias - UTAD (Portugal)
Presenter: António Carlos Dias - Universidade de Trás-os-Montes e Alto Douro (Portugal)

Discussant: Felice Petruzzella - University of Turin (Italy)

Paper: Does cross-listing in the US markets affect the maturity structure of corporate debt? International evidence
Authors:
Sarah Fathi - German University In Cairo (Egypt)
Mona ElBannan - German University In Cairo (Egypt)
Presenter: Sara Ibrahim - German University in Cairo (Egypt)

Discussant: Jianhua Zhang - University of Gothenburg (Sweden)

Paper: All you need is G(overnance): Implications for Sustainable Finance after Ambrogio Lorenzetti?s Frescoes
Authors:
Costanza Consolandi - University of Siena (Italy)
Giovanni Ferri - LUMSA University (Italy)
Andrea Roncella - Fondazione RUI (Italy)
Presenter: Costanza Consolandi - University of Siena (Italy)

Discussant: Adam Marszk - Gdansk University of Technology (Poland)

Session: 102-Corporate Social Responsability & Ethics

Room: 2
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: María Victoria López-Pérez - University of Granada (Spain)
Paper: Corporate social responsibility and dividends: Indian perspective
Authors:
Monika Dahiya - Indian Institute of Technology, Delhi, India (India)
Shveta Singh - Indian Institute of Technology, Delhi, India (India)
Neeru Chaudhry - Indian Institute of Technology, Delhi, India (India)
Presenter: Monika Dahiya - IIT Delhi (India)

Discussant: María Victoria López-Pérez - University of Granada (Spain)

Paper: How are tax avoidance practices affected by CSR disclosure? The role of CSR disclosure on tax avoidance in terms of good and bad practices
Authors:
Khairieh Amarneh - University of Granada (Spain)
Maria Victoria López Pérez - University of Granada (Spain)
Raquel Garde Sánchez - University of Granada (Spain)
Lázaro Rodríguez Ariza - University of Granada (Spain)
Presenter: María Victoria López-Pérez - University of Granada (Spain)

Discussant: Nicola Miglietta - University of Turin (Italy)

Paper: Leveraging Environmental Worthiness: A Market Perspective
Authors:
alessandra caragnano - SDA Bocconi (Italy)
mavie cardi - Università Link Campus (Italy)
Francesco D'Ercole - LUM Giuseppe De Gennaro (Italy)
domenico frascati - LUM Giuseppe De Gennaro (Italy)
antonia brandonisio - LUM Giuseppe De Gennaro (Italy)
Presenter: Domenico Frascati - Università LUM Giuseppe Degennaro (Italy)

Discussant: Polina Efremenko - University of Neuchatel (Switzerland)

Session: 103-Financial Inclusion and Ethical Investments and Regulation

Room: 3
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: Anastasia Giakoumelou - Ca' Foscari University of Venice (Italy)
Paper: The determinants of tax base erosion: Evidence from the banking sector in Poland
Authors:
Anna Bialek-Jaworska - Uniwersytet Warszawski (Poland)
Renata Karkowska - Uniwersytet Warszawski (Poland)
Presenter: Anna Bialek-Jaworska - University of Warsaw (Poland)

Discussant: Ayi Ayayi - Université du Québec à Trois Rivières (Canada)

Paper: The effect of carbon intensity on debt fundraisings in the emerging markets
Authors:
David Ririmasse - Queen Mary University of London (United Kingdom)
Nick Tsitsianis - Queen Mary University of London (United Kingdom)
Evisa Mitrou - Queen Mary University of London (United Kingdom)
Presenter: David Ririmasse - Queen Mary University of London (United Kingdom)

Discussant: Arthur Enders - RWTH Aachen (Germany)

Paper: The witchcraft belief and financial development
Authors:
Jiang Dai - University of Edinburgh (United Kingdom)
Wenxuan Hou - University of Edinburgh (United Kingdom)
Yizhe Dong - University of Edinburgh (United Kingdom)
Presenter: Jiang Dai - The University of Edinburgh (United Kingdom)

Discussant: Antonio Blanco-Oliver - University of Seville (Spain)

Session: 104-Investments

Room: 4
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: Neveen Ahmed - Institute of National Planning and University of Hertfordshire (Egypt)
Paper: Stock Markets Performance During Pandemic: How Contagious Is COVID-19?
Authors:
Neveen Ahmed - Institute of National Planning and University of Hertfordshire (Egypt)
yara Abu Shahba - American University in Cairo (Egypt)
Mohammad Bouaddi - American University in Cairo (Egypt)
Wael Khreich - American University of Beirut (Lebanon)
Presenter: Neveen Ahmed - Institute of National Planning and University of Hertfordshire (Egypt)

Discussant: Paul Symann - University of Trier (Germany)

Paper: Diversity in Finance Literature Revealed through the Lens of Machine Learning: A Topic Modeling Approach on Academic Papers
Authors:
Oumaima Lahmar - University of Cagliari (Italy)
Presenter: Oumaima Lahmar - University of Cagliari (Italy)

Discussant: Murat Mazibas - University of Dundee (United Kingdom)

Session: 105-Bankruptcy and Financial Distress

Room: 5
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: Onur Bayar - University of Texas at San Antonio (United States)
Paper: Credit Rating, Reputation Spill-Overs, and Debt Contract Structure: A New Rationale for Limited-Recourse Project Financing
Authors:
Onur Bayar - University of Texas at San Antonio (United States)
Thomas Chemmanur - Boston College (United States)
Qing Ma - University of Nottingham (United Kingdom)
Presenter: Onur Bayar - University of Texas at San Antonio (United States)

Discussant: Elenora Isaia - University of Turin (Italy)

Paper: Foreign Currency Borrowing and Risk Exposure of Firms: An Emerging Market Economy Viewpoint
Authors:
Prasenjit Chakrabarti - Indian Institute of Management Ranchi (India)
Sudipta Sen - Jindal School of Banking & Finance, O.P. Jindal Global University (India)
Presenter: Prasenjit Chakrabarti - IIM Ranchi (India)

Discussant: Suwongrat Papangkorn - Sasin School of Management (Thailand)

Paper: Uncertain times, managerial myopia, and asset redeployability: Evidence from economic policy uncertainty
Authors:
Pattanaporn Chatjuthamard - Sasin School of Management (Thailand)
Suwongrat Papangkorn - Sasin School of Management (Thailand)
Presenter: Suwongrat Papangkorn - Sasin School of Management (Thailand)

Discussant: Alberto Tron - University of Turin (Italy)

Session: 106-Mergers, Acquisitions and IPOs

Room: 6
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: hubert de la bruslerie - IAE de Paris (France)
Paper: Risk disclosure in IPO Advertisement and the Quality of Firm
Authors:
Edward Lawrence - Florida International University (United States)
Supriya Katti - Indian Institute of Technology, Kanpur (India)
Mehul Raithatha - Indian Institute of Management, Indore (India)
Presenter: Edward Lawrence - Florida International University (United States)

Discussant: Silvia Del Prete - Banca d'Italia - Firenze Branch (Italy)

Paper: Ex-ante determinants of voluntary target delisting after a M&A
Authors:
hubert de la bruslerie - University Paris Dauphine (France)
jerome caby - IAE Paris (France)
Presenter: hubert de la bruslerie - IAE de Paris (France)

Discussant: Edward Lawrence - Florida International University (United States)

Paper: Consolidation Process in the Wealth Management Industry in the UK, US, and Switzerland: An Empirical Study on the Drivers of Change in the Asset Under Management post-M&A
Authors:
Alberto Tron - Bocconi University (Italy)
Federico Colantoni - St. Gallen University (Switzerland)
Rachele Anconetani - Turin University (Italy)
Marco Di Gennaro - Bocconi University (Italy)
Presenter: Rachele Anconetani - University of Turin (Italy)

Discussant: Gabriele Lattanzio - Nazarbayev University (Kazakhstan)

Session: 107-Banking, Other Financial Institutions and Insurance

Room: 7
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: Stelios Markoulis - University of Cyprus (Cyprus)
Paper: A Comprehensive Analysis of the Market-to-Book Ratio of EU Banks
Authors:
Stelios Markoulis - University of Cyprus; Cyprus International Institute of Management (Cyprus)
Spiros Martzoukos - University of Cyprus (Cyprus)
Savvas Savva - KPMG (Cyprus)
Vasilios Zagkreos - PWC (Cyprus)
Presenter: Stelios Markoulis - University of Cyprus (Cyprus)

Discussant: Agnieszka Wójcik-Czerniawska - Warsaw School of Economics (Poland)

Paper: THE IMPACT OF COMMERCIAL REAL ESTATE HOLDINGS ON DEBT CAPACITY ENHANCING OF CREDIT-CONSTRAINED FIRMS.
Authors:
Levon Goukasian - Pepperdine University, Business Administration Division (United States)
Presenter: Levon Goukasian - Pepperdine University (United States)

Discussant: Lenny Mamaro - University of South Africa (South Africa)

Session: 108-Portfolio Management and Investments

Room: 8
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: G Charles-Cadogan - University of Leicester (United Kingdom)
Paper: Forecasting Cryptocurrency Returns
Authors:
Nilanjana Chakraborty - Independent Researcher (India)
Presenter: Nilanjana Chakraborty - Independent Researcher (India)

Discussant: Ashish Kumar - Indian Institute of Management Kashipur (India)

Paper: Quantitative Easing of Fear during Rare Disasters
Authors:
G Charles-Cadogan - University of Leicester (United Kingdom)
Presenter: G Charles-Cadogan - University of Leicester (United Kingdom)

Discussant: Lukas Salcher - University of Liechtenstein (Liechtenstein)

Paper: Spillovers of Senior Mutual Fund Managers? Capital Raising Ability
Authors:
Yue Xu - Aarhus University (Denmark)
Presenter: Yue Xu - Aarhus University (Denmark)

Discussant: M. Fabricio Perez - Wilfrid Laurier University (Canada)

Session: 109-Banking and Financial Institutions

Room: 9
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: Uwe Walz - Goethe University Frankfurt (Germany)
Paper: Did the Global Financial Crisis of 2007-09 Affect the Relationship Between Interest Rates and the Stock Market Returns of Commercial Bank Holding Companies?
Authors:
Thomas Mondschean - DePaul University (United States)
Elijah Brewer - DePaul University (United States)
William Jackson - University of Alabama (United States)
Presenter: Thomas Mondschean - DePaul University (United States)

Discussant: Nirmala Velan - Pondicherry University (India)

Paper: Bank regulation, lending and patenting: Evidence from the EBA Capital Exercise
Authors:
Uwe Walz - Goethe University Frankfurt (Germany)
Jan krzyzanowski - Goethe University Frankfurt (Germany)
Presenter: Uwe Walz - Goethe University Frankfurt (Germany)

Discussant: Andrea Orame - Bank of Italy (Italy)

Paper: Persistence of bank profits and ownership in China
Authors:
Meng Xu - King's College London (United Kingdom)
Presenter: Meng Xu - King's College London (United Kingdom)

Discussant: Hong-Jen Lin - Brooklyn College of CUNY (United States)

Session: 110-Financial Markets and Behavior Investments

Room: 10
Date/Time: 2022-08-03-15:00 16:30(Europe/Rome)
2022-08-03 15:00-16:30 - Rome
2022-08-03 09:00-10:30 - New York
2022-08-03 08:00-09:30 - Mexico city
2022-08-03 23:00-00:30 - Sydney
2022-08-03 21:00-22:30 - Shanghai
2022-08-03 15:00-16:30 - Johannesburg
2022-08-03 18:30-20:00 - Calcutá
2022-08-03 16:00-17:30 - Moscow
2022-08-03 10:00-11:30 - São Paulo
Chair: Gizelle Willows - University of Cape Town (South Africa)
Paper: Impact of Covid- 19 on the volatility and instability in the SME stock index.: Evidence from India
Authors:
Deepika Dhingra - Bennett University (India)
Vijeta Singh - MIT- World Peace University (India)
Nandita Mishra - Linköping University (Sweden)
Shruti Ashok - Bennett University (India)
Presenter: Nandita Mishra - linköping university (Sweden)

Discussant: Moses Dumayiri - Simon Diedong Dombo University of Business and Integrated Development Studies (Ghana)

Paper: A mixed-method study of proposed parametric reform to the South African pension system
Authors:
Gizelle Willows - University of Cape Town (South Africa)
Mitchell Bird - University of Cape Town (South Africa)
Derisa Govender - University of Cape Town (South Africa)
Presenter: Gizelle Willows - University of Cape Town (South Africa)

Discussant: Fanni Dudás - Corvinus University of Budapest (Hungary)