Conference AgendaOverview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
2:00pm - 2:55pm
FRI 2-1: Banks Location: Meeting Room 5, 2/F, Friendship Palace Chair: Kai Li , Peking University HSBC Business School
Frequent Stress Tests
Deepal Basak1 , Mayur Choudhary2 , Zhen Zhou 3
1: Kelley School of Business, Indiana University;
2: London Business School;
3: PBC School of Finance, Tsinghua University, China, People's Republic of
3:10pm - 4:05pm
FRI 2-2: Banks Location: Meeting Room 5, 2/F, Friendship Palace Chair: Kai Li , Peking University HSBC Business School
Uninsured Deposits, Run Risk, and Bank Stock Returns
Jack Bao1 , Claire Yurong Hong 2 , Kewei Hou3 , Thien Nguyen4
1: University of Delaware;
2: SAIF, Shanghai Jiao Tong University;
3: Ohio State University;
4: Federal Reserve Board
4:20pm - 5:15pm
FRI 2-3: Banks Location: Meeting Room 5, 2/F, Friendship Palace Chair: Kai Li , Peking University HSBC Business School
Bank Expertise and Structural Transformation
Yu Yi 1 , Gang Zhang2 , Shengxing Zhang3
1: Nankai University, China, People's Republic of;
2: Fudan University;
3: Carnegie Mellon University, Tepper School of Business
2:00pm - 2:55pm
SAT 2-3: Corporate Bonds Location: Meeting Room 5, 2/F, Friendship Palace Chair: Jaewon Choi , Seoul National University
Illiquidity Meets Intelligence: AI-Driven Price Discovery in Corporate Bonds
Stacey Jacobsen, Kumar Venkataraman, David Xu
Southern Methodist University, United States of America
SAT 6-1: Financial Products Location: Meeting Room 5, 2/F, Friendship Palace Chair: Ning Zhu , SAIF
Asset Pricing with "Buy Now, Pay Later"
Semyon Malamud1 , Neng Wang2 , Yuan Zhang 3
1: Swiss Finance Institute, EPFL, and CEPR, Switzerland;
2: Cheung Kong Graduate School of Business and NBER, China;
3: Shanghai University of Finance and Economics, China
3:10pm - 4:05pm
SAT 2-1: Corporate Bonds Location: Meeting Room 5, 2/F, Friendship Palace Chair: Jaewon Choi , Seoul National University
The Risk and Return of Stocks and Bonds
Alex Dickerson1 , Mathieu Fournier 1 , Jan Ericsson2 , Piotr Orlowski3
1: UNSW business school, Australia;
2: Mc Gill University;
3: HEC Montreal
SAT 6-2: Financial Products Location: Meeting Room 5, 2/F, Friendship Palace Chair: Ning Zhu , SAIF
The Distribution Side of Insurance Markets
Jiaxing Tian 1 , Li An2 , Wei Huang3 , Dong Lou4 , Yongxiang Wang5
1: Chinese University of Hong Kong, Shenzhen;
2: Tsinghua PBC School of Finance;
3: University of International Business and Economics;
4: Hong Kong University of Science and Technology and CEPR;
5: Shanghai Advanced Institute of Finance
4:20pm - 5:15pm
SAT 2-2: Corporate Bonds Location: Meeting Room 5, 2/F, Friendship Palace Chair: Jaewon Choi , Seoul National University
What Drives Global Corporate Bond Returns?
Jiarui Deng 1 , Kewei Hou2 , Zhan Shi1
1: PBC School of Finance, Tsinghua University, Beijing, 100083, China;
2: Fisher College of Business, Ohio State University, Columbus, OH 43210
SAT 6-3: Financial Products Location: Meeting Room 5, 2/F, Friendship Palace Chair: Ning Zhu , SAIF
Leasing as a corporate risk management mechanism
Weiwei Hu1 , Kai Li1 , Chenjie Xu 2
1: Peking University, HSBC Business School, China, People's Republic of;
2: Shanghai University of Finance and Economics
8:30am - 9:25am
SUN 2-1: Disclosure and Transparency Location: Meeting Room 5, 2/F, Friendship Palace Chair: Liyan Yang , University of TorontoDiscussant: Xiao Zhao , Shanghai Jiao Tong University
CEO Incentives and Acquisitions: Evidence from the Pay Ratio Disclosure Mandate
Sudipto Dasgupta1,2,4 , Tao Shu1,3 , Yuxuan Zhu 1
1: Chinese University of Hong Kong;
2: CEPR;
3: ABFER;
4: ECGI
9:40am - 10:35am
SUN 2-2: Disclosure and Transparency Location: Meeting Room 5, 2/F, Friendship Palace Chair: Liyan Yang , University of TorontoDiscussant: Xintong Zhan , Fudan University
Unveiling the Fog of Law: Judicial Transparency and Entrepreneurship
Xing Liu , Xuan Tian, Zhiming Zhu
Tsinghua University, PBC School of Finance
10:50am - 11:45am
SUN 2-3: Disclosure and Transparency Location: Meeting Room 5, 2/F, Friendship Palace Chair: Liyan Yang , University of TorontoDiscussant: Zhen Zhou , PBC School of Finance, Tsinghua University
Moral Hazard and the Corporate Information Environment
Dan Luo
Chinese University of Hong Kong, Hong Kong S.A.R. (China)
2:00pm - 2:55pm
SUN 6-1: Inequality Location: Meeting Room 5, 2/F, Friendship Palace Chair: Chishen Wei , Hong Kong Polytechnic University
To Grant or Not to Grant: Inventor Gender and Patent Examination Outcomes
Yuqi Gu2 , Katharina Lewellen3 , Connie Mao 1 , Yueru Qin4
1: Temple University, United States of America;
2: Willamette University;
3: Dartmouth College;
4: Nankai University
3:10pm - 4:05pm
SUN 6-2: Inequality Location: Meeting Room 5, 2/F, Friendship Palace Chair: Chishen Wei , Hong Kong Polytechnic University
Share the gain but not the pain: Managerial rent extraction and the manager-worker pay growth gap
Jie He1 , Lei Li2 , Rik Sen1 , Tao Shu 3
1: gUniversity of Georgia, United States of America;
2: Meta Platforms Inc;
3: Chinese University of Hong Kong
4:20pm - 5:15pm
SUN 6-3: Inequality Location: Meeting Room 5, 2/F, Friendship Palace Chair: Chishen Wei , Hong Kong Polytechnic University
Does Digitalization Widen Labor Income Inequality?
Jilei Huang 1 , Yi Sun2 , Jian Wang3 , Liyan Yang4
1: School of Economics, Shandong University;
2: School of Economics and Management, University of Chinese Academy of Sciences;
3: School of Management and Economics, The Chinese University of Hong Kong (Shenzhen);
4: Rotman School of Management, University of Toronto