Agenda   |    Online Registration    |   Participants   |  Contact   |  Home
9:00 – 9:45 am | Breakfast and Registration | 9:45 – 10:00 am | Welcome Remarks Cesare Calari, Vice President Financial Sector, World Bank | 10:10 – 12:00 pm | Session 1: Institutions and Governance Chair: Bernard Black, University of Texas Law School The Law & Economics of Self-Dealing by Simeon Djankov, Rafael La Porta, Florencio Lopez-do-Silanes, and Andrei Shleifer Presented by Rafael La Porta, Dartmouth College Legality and Venture Governance around the World by Douglas Cumming, Daniel Schmidt, and Uwe Walz Presented by Douglas Cumming, Rensselaer Polytechnic Institute Mixing Family with Business by Marianne Bertrand, Simon Johnson, Krislert Samphantharak, and Antoinette Schoar Presented by Antoinette Schoar, Massachusetts Institute of Technology Discussant: Alexander Dyck, University of Toronto Discussant: Thorsten Beck, World Bank 
| 12:00 – 1:30 pm | Lunch, World Bank Dining Room | 1:30 – 3:30 pm | Session 2: Political Economy Chair: Asli Demirguc-Kunt, World Bank Does Campaign Finance Imply Political Favors? The Case of the 1998 Brazilian Elections. by Stijn Claessens, Erik Feijen, and Luc Laeven Presented by Stijn Claessens, World Bank The Influence of Domestic Firms on Foreign Direct Investment Liberalization by Anusha Chari and Nandini Gupta Presented by Anusha Chari, University of Michigan Coping with Disaster: The Impact of Hurricanes on International Financial Flows by Dean Yang Presented by Dean Yang, University of Michigan Discussant: Ray Fisman, Harvard University Discussant: Simon Johnson, IMF 
| 3:30 – 4:00 pm | Refreshment Break | 4:00 – 5:30 pm | Session 3: Cross-Listing Chair: Andrew Karolyi, Ohio State University Internationalization and the Evolution of Corporate Valuation by Juan Carlos Gozzi, Ross Levine, and Sergio L. Schmukler Presented by Ross Levine, Brown University The Colors of Investors’ Money: Which Firms Attract Institutional Investors From Around the World? by Miguel A. Ferreira and Pedro P. Matos Presented by Pedro Matos, University of Southern California Discussant: Michael Schill, Darden Discussant: Paul Bennett, NYSE 
| 5:30 – 6:30 pm | Cocktails | 6:30 – 8:00 pm | Dinner |
| Wednesday, March 29, 2006 |
7:00 – 8:00 am | Continental Breakfast (Outside Conference Room) | 8:00 – 10:00 am | Session 4: Capital Structure Chair: Cam Harvey, Duke University Firm Risk and Capital Structure Choice by Mahir Desai and Fritz Foley Presented by Mihir Desai, Harvard University Financing Firms in India by Franklin Allen, Rajesh Chakrabarti, Sankar De, Jun "QJ" Qian, and Meijun Qian Presented by Franklin Allen, University of Pennsylvania Why Have Debt Ratios Increased for Firms in Emerging Markets? by Todd Mitton Presented by Todd Mitton, Brigham Young University Discussant: Rohan Williams, Georgetown University Discussant: Mark Zenner, Citigroup 
| 10:00 – 10:30 am | Refreshment Break | 10:30 – 12:15 pm | Session 5: Institutional Investment Chair: Andrew Karolyi, Ohio State University Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts. by Kee-Hong Bae, Rene M. Stullz, and Hongping Tan Presented by Rene Stulz, Ohio State University Do Foreigners Invest Less in Poorly Governed Firms? by Christian Leuz, Karl V. Lins, and Francis E. Warnock Presented by Karl Lins, University of Utah Discussant: Darius Miller, SMU-COX Discussant: Leora Klapper, World Bank 
| 12:15 – 2:00 pm | Formal Lunch, 12th Floor Dining Room Lunch Keynote speech: Nobel Laureate Joseph Stiglitz | 2:00 pm | Policy/Practitioner Panel Increasing Access to Financing in Emerging Markets Chair: Silvina Vatnick, World Bank | 4:30 pm | Closing Remarks |

|