European Financial Management Association
2014 Annual Meetings
June 25-28, 2014
Rome, ITALY


Note#1: Session Chairs and Discussants can download papers for the meetings from this page. Authors can update the version of their paper(s) and/or abstract(s) on this webpage later. Please email your paper/abstract directly to: Shravan Chouti

Note#2: If you wish your paper to be considered for publication in the EFM journal, convey your interest to your Session Chair.

Presentations: For your presentations at the EFMA2014 Meetings please note that all rooms are equipped with computers. Power Point (USB or CD) and Overhead Projector (transparencies) presentation options are available.

Conference Presentations:
Laptops will be Available in all Rooms for Conference Presentations.


Discussants' Responsibility: To better serve the needs of authors presenting papers at the EFMA2014 meetings, discussants are kindly required to hand out to the authors and the session chair 1-2 pages handwritten comments with their constructive comments.


Accepted Papers & Participants List

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Participants

Paper


Bailey Warren, Lin Zheng, Yinggang Zhou
Email: wbb1@cornell.edu
What Makes the VIX Tick?



       


Baller Stefanie, Oliver Entrop, Marco Wilkens
Email: oliver.entrop@uni-passau.de
Market Makers Optimal Price-Setting Policy for Exchange-Traded Certificates



       


Barbi Massimiliano, Emanuele Bajo, Francesca Bartoli
Email: massimiliano.barbi@unibo.it
Financial Illiteracy and Mortgage Refinancing Decisions



       


Barbopoulos Leonidas, John Wilson
Email: leonidas.barbopoulos@st-andrews.ac.uk
Bidder Returns in the US Financial Services Industry: Evidence from Earnouts



       


Barinov Alexander
Email: abarinov@uga.edu
Stocks with Extreme Past Returns: Lotteries or Insurance?



       


Barone Gaia
Email: gbarone@luiss.it
equity options, credit default swaps and leverage: a simple stochastic-volatility model for equity and credit derivatives



       


Battaglia Francesca, Domenico Curcio, Angela Gallo
Email: francesca.battaglia@uniparthenope.it
Board structure and tail and systemic risk-taking: evidence from European banks



       


Bauer Julian, Vineet Agarwal
Email: julian_bauer@gmx.net
Distress Risk and Stock Returns: The Neglected Profitability Effect



       


Beccalli Elena, Pascal Frantz
Email: elena.beccalli@unicatt.it
Why are some banks recapitalized and others taken over?



       


Bedendo Mascia, Lara Cathcart, Lina El-Jahel, Leo Evans
Email: mascia.bedendo@unibocconi.it
The Credit Rating Crisis and the Informational Content of Corporate Credit Ratings



       


Ben Omrane Walid, Robert Welch
Email: wbenomrane@brocku.ca
Tick Test Accuracy in Foreign Exchange ECN Markets



       


benlemlih mohammed
Email: mohammed.benlemlih@upmf-grenoble.fr
Why do socially responsible firms pay more dividends



       


berkman henk, paul koch
Email: h.berkman@auckland.ac.nz
DRIPs and the Dividend Pay Date Effect



       


Bizjak John, Carr Bettis, Jeff Coles, Swami Kalpathy
Email: j.bizjak@tcu.edu
Performance-Vesting Provisions in Executive Compensation



       


bjorn hansson, bjorn hagstromer, birger nilsson
Email: bjorn.hansson@nek.lu.se
Illiquidity frictions and asset pricing anomalies



       


Boeh Kevin, Craig Dunbar
Email: boehkk@plu.edu
Post IPO Withdrawal Outcomes



       


Bonini Stefano, Sreedhar Bharath, Ombretta Pettinato
Email: stefano.bonini@unibocconi.it
Slow Ratings



       


Borell Mariela, Diana Heger
Email: borell@zew.de
Sources of value creation through private equity-backed mergers and acquisitions: The case of buy-and-build strategies



       


Bostandzic Denefa
Email: denefa.bostandzic@rub.de
Systemic risk and the U.S. financial system - The role of banking activity We show that investment banks are more exposed and contribute more to systemic risk than commercial banks or savings institutions. We find that larger banks engage more in non-traditional banking activities. We also find that bank’s size and a bank’s interconnectedness are main drivers of systemic risk, though we cannot confirm that banking activity is a main driver of systemic risk. As we match investment banks and commercial bank on bank size we find that investment banks still contribute more to systemic risk during the Subprime crisis.



       


Botsari Antonia, Lisa Goh
Email: abotsari@unipi.gr
Earnings Management Ahead of M&A: Can Corporate Governance Make The Difference?



       


Boubaker Sabri, Imen Derouiche, Walid Saffar
Email: sabri.boubaker@get-mail.fr
Excess Control Rights, Corporate Governance and Cash Flow Sensitivity of Cash



       


Boustanifar Hamid
Email: hamid.boustanifar@bi.no
Personal Bankruptcy Reform, Credit Availability, and Financial Distress



       


Bozzi Stefano, Massimo Belcredi, Angela Ciavarella, Valerio Novembre
Email: stefano.bozzi@unicatt.it
Say-on-Pay in a Context of Concentrated Ownership: Evidence from Italy



       


Brandtner Mario, Wolfgang Kursten
Email: mario.brandtner@wiwi.uni-jena.de
Decision making with Conditional Value-at-Risk and spectral risk measures, and the problem of comparative risk aversion



       


Braun Reiner, Maximilian Schmidt
Email: reiner.braun@fau.de
The Limited Partnership Model in Private Equity: Deal Returns over a Fund’s Life



       


Brendel Markus
Email: markus.brendel@hhl.de
Bad Matches Last Longer - Unobserved Heterogeneity across Firm-Owner Matches



       


Briere Marie, Jonathan Peillex, Loredana Ureche-Rangau
Email: marie.briere@amundi.com
Do Social Responsibility Screens Really Matter? A Comparison with Conventional Sources of Performance



       


Brogi Marina, Gino Gandolfi, Maria Cristina Arcuri
Email: marina.brogi@uniroma1.it
The effect of information security breaches on stock returns: Is the cyber crime a threat to firms?



       


Brunetti Marianna, Costanza Torricelli
Email: marianna.brunetti@uniroma2.it
Second homes: households' life dream or (wrong) investment?



       


Bruno Brunella, Enrico Onali, Klaus Schaeck
Email: brunella.bruno@unibocconi.it
Market reaction to bank liquidity regulation



       


Bubna Amit, Sanjiv Das, Paul Hanouna
Email: amit_bubna@isb.edu
The Fast and The Curious: VC Drift



       


Burchi Alberto, Paola Musile Tanzi
Email: alberto.burchi@unipg.it
Are the Structured Products a Sustainable Financial Innovation?



       


bussoli candida, claudio giannotti
Email: bussoli@lum.it
Trade credit through the crisis: financing to sell?