Ardis J. and Emmett M. Hanson Memorial Seminars in Finance

2019-20 Academic Year

Reena Aggarwal, Georgetown University

Paper: The Role of Information Production in Private Markets: Evidence from Initial Coin Offerings (with K.W. Hanley and X. Zhao)
September 6, 2019 | 10:30 a.m. - noon in Hawks Hall 215


Yiming Qian, University of Connecticut

Paper: Can Firms Run Away from Climate-change Risk? Evidence from the Pricing of Bank Loans (with F. Jiang and C. W.i Li)
September 20, 2019 | 10:30 a.m. - noon in Hawks Hall 215


Andrew Winton, University of Minnesota

Paper: TBA
October 11, 2019 | 10:30 a.m. - noon in Hawks Hall 215


Karl Lins, University of Utah

Paper: TBA
November 1, 2019 | 10:30 a.m. - noon in Hawks Hall 215


Michael Schwert, University of Pennsylvania (Wharton)

Paper: TBA
November 8, 2019 | 10:30 a.m. - noon in Hawks Hall 215


Michael Goldstein, Babson College

Paper: TBA
December 6, 2019 | 10:30 a.m. - noon in Hawks Hall 215


Kumar Venkataraman, Southern Methodist University

Paper: TBA
February 14, 2020 | 10:30 a.m. - noon in Hawks Hall 215


Brigitte Madrian, Brigham Young University

Paper: TBA
February 21, 2020 | 10:30 a.m. - noon in Hawks Hall 215


Clemens Sialm, University of Texas-Austin

Paper: TBA
March 6, 2020 | 10:30 a.m. - noon in Hawks Hall 215


Michael O’Doherty, University of Missouri

Paper: TBA
March 13, 2020 | 10:30 a.m. - noon in Hawks Hall 215


Elisabeth Kempf, University of Chicago

Paper: TBA
April 3, 2020 | 10:30 a.m. - noon in Hawks Hall 215


Philip Strahan, Boston College

Paper: TBA
April 24, 2020 | 10:30 a.m. - noon in Hawks Hall 215


2018-19 Academic Year

Hoje Jo, Santa Clara University

Paper: Is Corporate Social Responsibility Priced? (with L. Guo and H. Park)
September 21, 2018 | 10:30 a.m. - noon in HHL 443


James Brown, Iowa State University

Paper: Environmental Policy and Technical Change: Pollution Taxes, Access to Finance, and Firm Absorptive Capacity (with G. Martinsson and C. Thomann)
October 5, 2018 | 10:30 a.m. - noon in HHL 443


Anjan Thakor, Washington University in St. Louis

Paper: The Illiquidity Fog
October 26, 2018 | 10:30 a.m. - noon in HHL 443


Motohiro Yogo, Princeton University

Paper: The Fragility of Market Risk Insurance (with R. Koijen)
November 2, 2018 | 10:30 a.m. - noon in HHL 443


Scott Cederburg, University of Arizona

Paper: On the Economic Value of Stock Market Return Predictors (with T. L. Johnson and M. S. O’Doherty)
November 30, 2018 | 10:30 a.m. - noon in HHL 443


Michelle Lowry, Drexel University

Paper: Investors’ Attention to Corporate Governance (with P. Iliev and J. Kalodimos)
January 25, 2019 | 10:30 a.m. - noon in HLH 204


Lu Zhang, The Ohio State University

Paper: q5 (with K. Hou, H. Mo and C. Xue)
February 8, 2019 | 10:30 a.m. - noon in HLH 204


David Denis, University of Pittsburgh

Paper: Persistent Operating Losses and Corporate Financial Policies (with S. McKeon)
March 1, 2019 | 10:30 a.m. - noon in HLH 204


Matt Billett, Indiana University

Paper: Corporate Investors in PIPEs and the Boundaries of the Firm: Evidence from Innovation (with I. V. Floros and X. Tian)
Match 29, 2019 | 10:30 a.m. - noon in HLH 204


Josh Lerner, Harvard University

Paper: The Creation and Evolution of Entrepreneurial Public Markets (with S. Bernstein and A. Dev)
April 5, 2019 | 10:30 a.m. - noon in HLH 204


Kai Li, The University of British Columbia

Paper: Rent Extraction by Super-priority Lenders (with B. E. Eckbo and W. Wang)
April 19, 2019|10:30 a.m. - noon in HLH 204


2017-18 Archive

Edith Hotchkiss, Boston College

Paper: Providing Liquidity in an Illiquid Market: Dealer Behavior in U.S. Corporate Bonds (with M. Goldstein)
September 8, 2017 | 10:30 a.m. - noon in CoB 310


Anand Vijh, University of Iowa

Paper: Stock Merger Activity and Industry Performance (with B. Meng)
September 29, 2017 | 10:30 a.m. - noon in CoB 443


Matt Ringgenberg, University of Utah

Paper: On Index Investing (with J. L. Coles and D. Heath)
October 20, 2017 | 10:30 a.m. - noon in CoB 443


Tracy Wang, University of Minnesota

Paper: Skilled Labor Risk and Compensation Policies (with Y. Qiu)
November 10, 2017 | 10:30 a.m. - noon in CoB 443


Isil Erel, The Ohio State University

Paper: Multinational Firms and the International Transmission of Crises: The Real Economy Channel (with J. Bena and S. Dinc)
November 17, 2017 | 10:30 a.m. - noon in CoB 443


Avri Ravid, Yeshiva University

Paper: Star Turnover and the Value of Human Capital: Evidence from Broadway Shows (with S. Han)
February 23, 2018 | 10:30 a.m. - noon in CoB 443


Jean Helwege, University of California, Riverside

Paper: Disclosure, Runs and Bank Capital Raising (with H.D. Dang)
March 9, 2018 | 10:30 a.m. - noon in CoB 443


Jerry Hoberg, University of Southern California

Paper: Product Life Cycles in Corporate Finance (with V. Maksimovic)
March 30, 2018 | 10:30 a.m. - noon in CoB 443


Brian Melzer, Northwestern University

Paper: Loan Contracting in the Presence of Usury Limits: Evidence from Automobile Lending (with A. Schroeder)
April 6, 2018 | 10:30 a.m. - noon in CoB 443


Kristine Hankins, University of Kentucky

Paper: Do Firms Hedge During Distress? (with H. Almeida and R. Williams)
April 13, 2018 | 10:30 a.m. - noon in CoB 211


2016-17 Archive

Ioannis Floros, Iowa State University

Paper: Uncertainty Through a Two-stage IPO (with R. Cole and V. Ivanov)
September 2, 2016 | 10:30 a.m. - noon in CBA 222


Peter Iliev, Pennsylvania State University

Paper: Governance Changes through Shareholder Initiatives: The Case of Proxy Access (with T. Bhandari and J. Kalodimos)
September 9, 2016 | 10:30 a.m. - noon in CBA 214D


Denis Sosyura, University of Michigan

Paper: Family Descent as a Signal of Managerial Quality: Evidence from Mutual Funds (with O. Chuprinin)
September 23, 2016 | 10:30 a.m. - noon in CBA 222


Paul Koch, The University of Kansas

Paper: Personal Trading by Employees of Financial Intermediaries (with H. Berkman and P. J. Westerholm)
October 14, 2016 | 10:30 a.m. - noon in CBA 222


Greg Nini, Drexel University

Paper: Learning and Contractual Evolution: The Case of Leveraged Loans (with M. Berlin and E. G. Yu)
October 28, 2016 | 10:30 a.m. - noon in CBA 222


David Lesmond, Tulane University

Paper: Trade Size Clusters and the Relation to Momentum Returns (with X. Wang)
November 4, 2016 | 10:30 a.m. - noon in CBA 222


Amrita Nain, The University of Iowa

Paper: Do Managers Provide Misleading Earnings Guidance before Stock Repurchases? (with A. Vijh)
December 2, 2016 | 10:30 a.m. - noon in CBA 222


John Beshears, Harvard

Paper: Does Borrowing Undo Automatic Enrollment's Effect on Savings? (with J. J. Choi, D. Laibson, B. C. Madrian, and W. L. Skimmyhorn)
December 9, 2016 | 10:30 a.m. - noon in CBA 214D


Kelsey Wei, University of Texas - Dallas

Paper: Follow the Money: Investor Trading Around Investor-Paid Credit Rating Changes (with U. Bhattacharya and H. Xia)
February 3, 2017 | 10:30 a.m. - noon in CBA 222


Alice Bonaime, The University of Arizona

Paper: What Is Revealed When Firms Disagree with Short Sellers? (with L. Bargeron)
February 10, 2017 | 10:30 a.m. - noon in CBA 222


Sébastien Michenaud, DePaul University

Paper: Institutional Investor Cliques and Governance (with A. D. Crane and A. Koch)
February 24, 2017 | 10:30 a.m. - noon in CBA 222


Pab Jotikasthira, Southern Methodist University

Paper: Heterogeneous Taxes and Limited Risk Sharing: Evidence from Municipal Bonds (with T. Babina, C. Lundblad, and T. Ramadorai)
April 21, 2017 | 10:30 a.m. - noon in CBA 222


2015-16 Academic Year Archive

Tim Loughran, University of Notre Dame

Paper: Using 10-K Text to Gauge Financial Constraints (with Andriy Bodnaruk and Bill McDonald)
August 28, 2015 | 10:30 a.m. - noon in CBA 222


Ashish Tiwari, The University of Iowa

Paper: Hedge Fund Replication: A Model Combination Approach (with Michael O'Doherty and N. E. Savin)
September 18, 2015 | 10:30 a.m. - noon in CBA 222


Charles J. Hadlock, Michigan State University

Paper: Panel Data Estimation in Finance: Parameter Consistency and the Standard Error Sideshow (with W. D. Grieser)
October 2, 2015 | 10:30 a.m. - noon in CBA 222


Joshua Pierce, University of Kentucky

Paper: Robust Models of CEO Turnover: New Evidence on Relative Performance Evaluation (with C. E. Fee, C. J. Hadlock and J. Huang)
December 4, 2015 | 10:30 a.m. - noon in CBA 222


Tyler Jensen, Iowa State University

Paper: Momentum and Funding Conditions (with L. Garcia-Feijoo and G. R. Jensen)
January 15, 2016 | 10:30 a.m. - noon in CBA 222


Han Xia, University of Texas at Dallas

Paper: Product Market Threats and Financial Contracting: Evidence from Performance-Sensitive Debt (with E. Kjenstad and X. Su)
March 11, 2016 | 10:30 a.m. - noon in CBA 222


Jarrad Harford, University of Washington

Paper: The Real Effects of Uncertainty on Merger Activity (with V. Bhagwat and R. Dam)
April 1, 2016 | 10:30 a.m. - noon in CBA 222


Gregory Nini, Drexel University

Paper: TBA
April 15, 2016 | 10:30 a.m. - noon in CBA 222


Andrew Ellul, Indiana University

Paper: Labor Unemployment Risk and CEO Incentive Compensation (Cong Wang and Kuo Zhang)
April 29, 2016 | 10:30 a.m. - noon in CBA 222


2014-15 Academic Year Archive

Paul H. Schultz, University of Notre Dame

Paper: Liquidity in a Market for Unique Assets: Specified Pool and TBA Trading in the Mortgage Backed Securities Market (with Pengjie Gao and Zhaogang Song)
September 5, 2014 | 10:30 a.m. - noon in CBA 222



Lubomir Litov, University of Arizona

Paper: Staggered Boards and Firm Value, Revisited (with K. J. Martijn Cremers and Simone M. Sepe)
September 29, 2014 | 10:30 a.m. - noon in CBA 214D



Kathleen W. Hanley, University of Maryland

Paper: The JOBS Act and the Costs of Going Public (with Susan Chaplinsky and S. Katie Moon)
October 10, 2014 | 10:30 a.m. - noon in CBA 214D



Vikram Nanda, Rutgers University

Paper: Intellectual Property Protection and Financial Markets: Patenting vs. Secrecy (with Nishant Dass and Steven Chong Xiao)
November 21, 2014 | 10:30 a.m. - noon in CBA 222



David Mauer, The University of Iowa

Paper: Financing Uncertain Growth (with Jay Y. Li)
December 5, 2014 | 10:30 a.m. - noon in CBA 222



Sandy Klasa, University of Arizona

Paper: What determines the composition of a firm's total cash reserves? (with Laura Cardella and Douglas Fairhurst)
January 16, 2015 | 10:30 a.m. - noon in CBA 222



Gjergji Cici, College of William and Mary

Paper: What They Did in their Previous Lives: The Investment Value of Mutual Fund Managers' Experience outside the Financial Sector (with Monika Gehde-Trapp, Marc-André Göricke, and Alexander Kempf)
January 30, 2015 | 10:30 a.m. - noon in CBA 222



Brian Boyer, Brigham Young University

Paper: Information in the Cross Section of Short-Term Equity Yields (with D. Andre)
March 13, 2015 | 10:00 - 11:30 a.m. in CBA 212



Audra Boone, Texas A&M University

Paper: The Informaiton Environment of Cross-Listed Firms: Evidence from the Supply and Demand of SEC Filings (with K. Schumann and J. White)
April 10, 2015 | 10:30 a.m. - noon in CBA 222



Yuhang Xing, Rice University

Paper: Advance Refundings of Municipal Bonds (with A. Ang and R. Green)
April 24, 2015 | 10:30 a.m. - noon in CBA 222