This conference is motivated by two issues. First, it concerns outstanding challenges in corporate finance research, related to endogeneity and identification problems.
Second and perhaps more practically, it is related to understanding the exploding salaries for CEOs. In particular, such rapidly increasing salaries may have been partially funded by excessively risky investments, hence precipitating the recent financial crisis. Moreover, large CEO salaries exacerbate the wealth inequality that plagues much of the global economy.
The goal is to bring a few top level international researchers and some researchers within Norway to present and discuss cutting edge topics in corporate finance.
Papers presented at the Conference:
- Yan; "Convertible Securities and Heterogeneity of Investor Beliefs" (pdf)
- Zhang; "CEO Dividend Protection" (pdf)
- Peng and Röell; "Managerial Incentives and Stock Price Manipulation" (pdf)
- Krakstad; "SEO Cost Differences between Europe and U.S." (pdf)
- Skjeltorp & Ødegård; "Why do listed firms pay for market making in their
own stock?" (pdf)
- Becker & Hvide; "Do Entrepreneurs Matter?" (pdf)
Aside from the speakers, we intend to include attendees from 3 areas: professors, students, and policymakers.
The professors and students will be mainly from UiS and other Norwegian universities. The policymakers may include representatives from the Norwegian Ministry of Finance.
For the conference, we have two internationally renowned researchers:
Espen Eckbo and David Yermack
Transportation and hotel
For information about the Stavanger, transportation and hotels: The Stavanger Region
The conference will take place at the UiS Business School, University of Stavanger, Ellen & Axel Lunds hus, auditorium H-317 (Norwegian site)