
Friday and
Saturday, February 27-28, 2004
Contact: Joyce Holt
This conference assembles scholars from law
school and business school faculties to discuss recent empirical
work in the fields of corporate, bankruptcy, and securities law.
This work is part of a broader trend towards empirical research
in law and economics. The goal of the conference is to not only
evaluate recent, notable findings, but also to promote greater
dialogue between law and business faculties on topics of mutual
interest and on empirical methodology. Participants include Anup
Agrawal, Lucian Bebchuk, Robert Bushman,
Ming Yi Hung, Michael
Klausner, and
Laura Beny. The papers cover a range of topics
from insider trading and corporate governance in Southeast Asia
to the governance structure of spinoffs.
PRELIMINARY SCHEDULE
Friday, February
27, 2004 |
| SESSION
I |
| 1:30 p.m. |
A. IREM TUNA, Wharton School
of Business, University of Pennsylvania
“Accounting for
Taste: Board Member Preferences and Corporate Policy Choices”
Commentator: Albert
Choi, University of Virginia Economics Department |
| 2:15 p.m. |
ANUP AGRAWAL, Culverhouse College of Com. & Bus.
Admin., Univ. of Alabama
“Corporate Governance
and Accounting Scandals”
Commentator: Robert Bruner, Darden School of Business, University Of Virginia |
| 3:00 p.m |
Break |
| 3:15 p.m. |
ARTURO BRIS, Yale School of Management
“Adopting Better Corporate
Governance: Evidence from Cross-Border Mergers”
Commentator: Anup
Malani, University of Virginia School of Law |
| 4:00 p.m. |
LUCIAN BEBCHUK, Harvard University Law
School
“The
Costs of Entrenched Boards”
Commentator: Rajesh Aggarwal, McIntire School of Commerce, University Of Virginia |
| 5:00 p.m. |
Bus returns to Boar's Head Inn |
| Saturday, February 28, 2004 |
SESSION
II |
| 9:00 a.m. |
EDWARD MORRISON, Columbia University
School of Law
“Bankruptcy Decision-Making:
An Empirical Study of Small-Business Bankruptcies”
Commentator: George
Triantis, University of Virginia School of Law |
| 9:45 a.m. |
DAVID SKEEL, University of Pennsylvania
Law School
"Why
Do Distressed Companies Choose Delaware:
An Empirical Analysis of Venue Choice in Bankruptcy?”
Commentator: Mitu Gulati, Georgetown University Law Center |
| 10:30 a.m. |
Break |
| 10:45 a.m. |
ROBERT M. BUSHMAN, Kenan-Flagler Business
School - UNC
“Insider Trading
Restrictions and Analysts' Incentives to Follow Firms”
Commentator: Stephen Choi, UC Berkeley School of Law |
| 11:30 a.m. |
LAURA BENY, University of Michigan
Law School
“Do Shareholders Value Insider Trading
Laws? International Evidence”
Commentator: Robert Trezevant, Marshall School of Business-USC |
| 12:15 a.m. |
Lunch - Law School Faculty Lounge |
SESSION
III |
| 1:30 p.m. |
MING YI HUNG, Marshall School of Business – USC
“Insider Trading and Corporate
Governance Structure: Evidence from Southeast Asia”
Commentator: Kenneth Ayotte, Columbia Business School |
| 2:15 p.m. |
MARTIJN CREMERS, Yale School of Management
“Governance Mechanisms and
Equity Prices”
Commentator: Paul
Mahoney, University of Virginia School of Law |
| 3:00 p.m. |
Break |
| 3:15 p.m. |
GUHAN SUBRAMANIAN, Harvard Law School
"Post-Siliconix Freeze-Outs: Theory,
Evidence, and Policy"
Commentator: Sandeep Dahiya, McDonough School of Business-Georgetown |
| 4:00 p.m. |
MICHAEL KLAUSNER, Stanford Law School
“Agents Watching Agents:
The Governance Structure of Spinoffs”
Commentator: Christos Cabolis, Yale School of Management |
| 5:00 p.m. |
Bus back to Boar's Head Inn |