West Coast and Rocky Mountains Finance Workshop

Vancouver 2012

August 3, 2012

Location:

Room 2300

Segal Graduate School of Business

Simon Fraser University

500 Granville Street

Vancouver, BC, Canada

Program:

8:45 am Welcome Address,

by Alexander Vedrashko

9:00 am Paper Presentations:

Equilibrium Security Design and Liquidity Creation by Privately Informed Issuers

by Gilles Chemla (Imperial College Business School), Chris Hennessy (London Business School)

Regulation of Fair Disclosure and Credit Market,

by Yutao Li (U. of Lethbridge), Anthony Saunders (NYU), Pei Shao (U. of Lethbridge)

Money left on the table: An analysis of participation in employee stock purchase plans,

by Ilona Babenko (Arizona State U.), Rik Sen (HKUST), and David Yermack (NYU)

12:30 pm Lunch break

2:00 pm Paper Presentations:

Leverage and the Limits of Arbitrage Pricing: Implications for Dividend Strips and the Term Structure of Equity Risk Premia

by Oliver Boguth (Arizona State U.), Murray Carlson (UBC), Adlai J. Fisher (UBC), Mikhail Simutin (U. of Toronto)

Competition among stock exchanges: are listing services part of the deal?

by Manuela Geranio (Bocconi U.) and Valter Lazzari (Università Carlo Cattaneo and Bocconi U.)

5:00 Reception

Organizer contact: Alexander Vedrashko at awv@sfu.ca.

We are grateful for financial support from the VPA Conference Fund, Simon Fraser University.