Cross Border Banking and Foreign Branch Regulation in Europe

Lucia Gibilaro (University of Bergamo), Gianluca Mattarocci (University of Rome Tor Vergata)

Discussant: Jan Pieter Veerhoek (University of Antwerp and University of Maastricht)

Borrowing Costs and Personal Collateral in SME Lending

Ana Paula Gama (University of Beira Interior)

Discussant: Gianluca Mattarocci (University of Rome Tor Vergata)

The Value of Corporate Cash Holdings During the Covid-19 Pandemic

Jan Pieter Veerhoek (University of Antwerp + University of Maastricht), Marc Deloof (University of Antwerp)

Discussant: Ana Paula Gama (University of Beira Interior)

Back to program matrix

Past Variable Remuneration and Firm Performance: an Empirical Investigation

Carlos Alves (Faculdade de Economia da Universidade do Porto and CEF.UP), Joaquim Fontes-Filho (Fundação Getulio Vargas, Escola Brasileira de Administração Pública e de Empresas)

Discussant: David Feldman (UNSW Sydney)

Executive Compensation Linked to Corporate Social Responsibility and Firm Risk

Atreya Chakraborty (University of Massachusetts Boston), Lucia Gao (University of Massachusetts Boston), Shahbaz Sheikh (Western University), Hong Zhou (University of Massachusetts Boston)

Discussant: Carlos Alves (University of Porto)

Information, Insider Trading, Executive Reload Stock Options, Incentives, and Regulation

David Colwell (UNSW Sydney), David Feldman (UNSW Sydney), Wei Hu (Curtin University), Monique Pointier (IMT, Université Paul Sabatier)

Discussant: Lucia Gao (University of Massachusetts Boston)

Back to program matrix

Are Sustainability Indices Different? An Analysis of Inclusion and Exclusion Decisions

Pablo Vilas (University of Zaragoza), Laura Andreu (University of Zaragoza), José Luis Sarto (University of Zaragoza)

Discussant: Florinda Silva (University of Minho)

Corporate Performance and Sustainability: Evidence from Listed Firms in Portugal and Spain

Mara Madaleno (Universidade de Aveiro), Elisabete Vieira (Instituto Superior de Contabilidade e Administração (ISCA-UA))

Discussant: Pablo Vilas (University of Zaragoza)

The Environmental and Financial Performance of European Green Energy Investments

Nuno Andrade (University of Minho), Maria Ceu Cortez (University of Minho), Florinda Silva (University of Minho)

Discussant: Mara Madaleno (University of Aveiro)

Back to program matrix

Opinion Formation in Social Investor Networks

Rouven Litterscheidt (LMU Munich), David J. Streich (LMU Munich), Rafael M. Zacherl (LMU Munich)

Discussant: João Paulo Vieito (Polytechnic Institute of Viana do Castelo)

A Novel Score for Assessing Mutual Fund Managers’ Overconfidence

Beatrice Boumda (University of Zaragoza), Cristina Ortiz (University of Zaragoza), Luis Vicente (University of Zaragoza)

Discussant: Rouven Litterscheidt (LMU Munich)

Herding Behavior in Integrated Financial Markets: the Case of MILA

Christian Espinosa-Méndez (Universidad de Santiago de Chile), Asia University (Munkh-Ulzii Batmunkh), Enkhbayar Choijil (National University of Mongolia), João Paulo Vieito (Instituto Politécnico de Viana do Castelo)

Discussant: Luis Vicente (University of Zaragoza)

Back to program matrix

Bailout Insurance and the Pricing of Big Vs.small Bank Securities

Luca Del Viva (ESADE Business School), Anthony Saunders (NYU), Lenos Trigeorgis (University of Cyprus)

Discussant: João Pinto (Católica Porto Business School)

IPOs of High-Tech Companies: Pricing and Performance

Ana Catarina Gomes (School of Economics and Management, University of Porto, Porto, Portugal), Miguel Sousa (School of Economics and Management, University of Porto, Porto, Portugal and CEF.UP)

Discussant: Lenos Trigeorgis (University of Cyprus)

Are Covered Bonds Different from Securitization Bonds? A Comparative Analysis of Credit Spreads

João Pinto (Católica Porto Business School), Mafalda Correia (SONAE MC and Faculty of Economics, University of Porto)

Discussant: Ana Catarina Gomes (University of Porto)

Back to program matrix

The Timing of Voluntary Delisting

Izidin El Kalak (Cardiff Business School), Alcino Azevedo (Aston Business School), Radu Tunaru (Sussex Business School)

Discussant: Sónia Silva (University of Minho)

Financial Development and Growth when It Takes Time-To-Build

Johannes Barg (University of Hamburg), Wolfgang Drobetz (University of Hamburg), Erwin Hansen (Universidad de Chile), Rodrigo Wagner (UAI Business School)

Discussant: Izidin El Kalak (Cardiff Business School)

The Wealth Effects of Takeover Bids Regulation in the European Union

Gilberto Loureiro (University of Minho), Sónia Silva (University of Minho)

Discussant: Johannes Barg (University of Hamburg)

Back to program matrix

Frontier Market Banks and Efficiency: Does Earnings Management Matter?

Wil Martens (RMIT University), Prem Yapa (RMIT University), Maryam Safari (RMIT University)

Discussant: Pedro Coelho (University of Minho)

Internal Information Quality and Financial Policy Peer Effects

Yongda Liu (ICMA Centre, Henley Business School, University of Reading), Carol Padgett (ICMA Centre, Henley Business School, University of Reading), Chao Yin (ICMA Centre, Henley Business School, University of Reading)

Discussant: Wil Martens (RMIT University)

Do Earnouts Create the Right Incentives?: Earnings Management Around Earnout-Based Acquisitions

Pedro Coelho (Univ. Minho - School of Economics & Management), Gilberto Loureiro (Univ. Minho - School of Economics & Management)

Discussant: Yongda Liu (University of Reading)

Back to program matrix

The Impact of Product Market Characteristics on Firms’ Strategies in Patent Litigation

Danmo Lin (University of Warwick), Du Liu (University of Warwick), Elizabeth Whalley (University of Warwick)

Discussant: Paulo Pereira (University of Porto)

Get Out or Get down: Competitive Strategies in a Declining Market

Roger Adkins (Bradford University), Alcino Azevedo (Aston Business School), Dean Paxson (Alliance Manchester Business School)

Discussant: Du Liu (University of Warwick)

Toehold Acquisition as a Staging Real Option

José Lacerda (Faculdade de Economia - Universidade do Porto), Paulo Pereira (Faculdade de Economia - Universidade do Porto), Artur Rodrigues (Escola de Economia e Gestão - Universidade do Minho)

Discussant: Alcino Azevedo (Aston Business School)

Back to program matrix

Investors Under Diversification in Mutual Fund Families and Their Performance

Laura Andreu (University of Zaragoza), Ruth Gimeno (University of Zaragoza), Cristina Ortiz (University of Zaragoza)

Discussant: David Feldman (UNSW Sydney)

Quantitative Ratings and the Performance, Risk and Flows of European Bond Mutual Funds

Luis Otero (Universidad de Santiago de Compostela), Paulo Leite (Polytechnic Institute of Cávado and Ave), Pablo Duran (Universidad de Santiago de Compostela), Renato Domingues (Polytechnic Institute of Tomar)

Discussant: Laura Andreu (University of Zaragoza)

Fund Flows and Performance Under Dynamic Unobservable Managing Ability

David Feldman (UNSW Sydney), Jingrui Xu (Xiamen University)

Discussant: Paulo Leite (Polytechnic Institute of Cávado and Ave)

Back to program matrix

The Impact of Financial Education of Managers on Medium and Large Enterprises – a Randomized Controlled Trial in Mozambique

Claudia Custodio (Imperial College London), Diogo Mendes (Stockholm School of Economics), Daniel Metzger (Rotterdam School of Management)

Discussant: Atanásio Cossa (University of Aveiro)

Financial Education in Companies and the Individual and Family Economic Perceptions of Professionals

Tarcísio Pedro da Silva (University of Blumenau), Angélica Ferrari (University of Blumenau), Moacir Manoel Rodrigues Junior (University of Blumenau)

Discussant: Cláudia Custódio (Imperial College London)

Financial Literacy Environment Scan in Mozambique

Atanásio Cossa (University of Aveiro), Mara Madaleno (University of Aveiro), Jorge Mota (University of Aveiro)

Discussant: Tarcísio Pedro da Silva (NA)

Back to program matrix

Capital Structure Speed of Adjustment Heterogeneity Across Zero-Leverage and Leveraged European Firms

Flávio Morais (University of Beira Interior), Zélia Serrasqueiro (University of Beira Interior), Joaquim Ramalho (Instituto Universitário de Lisboa (ISCTE-IUL))

Discussant: Rafael Palmeira (University of Salamanca)

Are All Bankruptcies Born Alike? The Case of Strategic Chapter 11s

Luis Serra Coelho (School of Economics - University of the Algarve)

Discussant: Flávio Morais (University of Beira Interior)

Corporate Capital Structure and Employment Protection: the Role of Financial Flexibility to Avoid Job Cuts

Rafael Palmeira (University of Salamanca), Julio Pindado (University of Salamanca), Ignacio Requejo (University of Salamanca)

Discussant: Luis Serra Coelho (University of Algarve)

Back to program matrix

Portability of Firm Corporate Governance in Mergers and Acquisitions

Tanveer Hussain (University of Minho), Gilberto Loureiro (University of Minho)

Discussant: Lawrence Kryzanowski (Concordia University)

Do Activist Shareholders Really Increase Firms’ Performance?

Victor Barros (ISEG / Universidade de Lisboa), Maria Guedes (ISEG / Universidade de Lisboa), Joana Santos (ISEG / Universidade de Lisboa), Joaquim Sarmento (ISEG / Universidade de Lisboa)

Discussant: Tanveer Hussain (University of Minho)

Share Pledging and Corporate Securities Fraud

Lawrence Kryzanowski (Concordia University), Mingyang Li (School of Finance, Zhongnan University of Economics and Law), Sheng Xu (School of Finance, Zhongnan University of Economics and Law), Jie Zhang (Trent School of Business, Trent University)

Discussant: Maria Guedes (ISEG, University of Lisbon)

Back to program matrix

Pricing Longevity Swaps Via Option Decomposition and Fourier Transforms

Jorge Bravo (Universidade Nova de Lisboa - NOVA IMS & MagIC & CEFAGE-UE & Université Paris-Dauphine PSL), João Nunes (Instituto Universitário de Lisboa (ISCTE-IUL))

Discussant: José Carlos Dias (ISCTE-IUL)

Large Scale Nonparametric Estimation Problem Using VIX Data

Ana Monteiro (Faculty of Economics, University of Coimbra), António Alberto Santos Santos (Faculty of Economics, University of Coimbra)

Discussant: Jorge Bravo (Nova IMS and Université Paris-Dauphine PSL)

Repeated Richardson Extrapolation and Static Hedging of Barrier Options Under the JDCEV Model

José Carlos Dias (ISCTE-IUL), João Ildefonso (ISCTE-IUL), João Pedro Nunes (ISCTE-IUL), João Pedro Ruas (ISCTE-IUL)

Discussant: Ana Monteiro (University of Coimbra)

Back to program matrix

Self-Control, Financial Behaviours and the Millennial Generation

Lucía Rey-Ares (Universidade da Coruña), Sara Fernández-López (Universidade de Santiago de Compostela), Sandra Castro-González (Universidade de Santiago de Compostela), David Rodeiro-Pazos (Universidade de Santiago de Compostela)

Discussant: Nhung Luong (Catholic University of Louvain)

Cognitive Reflection and Disposition Effect

Newton da Costa Jr. (UFSC), André Grezelle (PUCPR), Marco Goulart (UFSC)

Discussant: Lucía Rey-Ares (University of A Coruña)

Retail Investors’ Disposition Effect and Order Choices

Rudy De Winne (Universite catholique de Louvain, LIDAM, Louvain Finance), Nhung Luong (Universite catholique de Louvain, LIDAM, Louvain Finance), Stefan Palan (University of Graz, Institute of Banking and Finance)

Discussant: Newton da Costa Jr. (NA)

Back to program matrix

Rubber Stamping Opportunity Zones

Tarik Umar (Rice University), Jefferson Duarte (Rice University), Emmanuel Yimfor (Rice University)

Discussant: Filippo Curti (Federal Reserve Bank of Richmond)

Foreign and Domestic Loans over the Business Cycle

Jens Forssbaeck (Lund University), Frederik Lundtofte (Aalborg University Business School), Martin Strieborny (Adam Smith Business School, University of Glasgow), Anders Vilhelmsson (Lund University)

Discussant: Tarik Umar (Rice University)

The Making of Financial Regulation - Voting on the U.S. Congress

João Rafael Cunha (University of St Andrews)

Discussant: Frederik Lundtofte (Aalborg University Business School)

Face It: Quantifying the Impact of Nonverbal Communication in Fomc Press Conferences

Filippo Curti (Federal Reserve Bank of Richmond), Sophia Kazinnik (Federal Reserve Bank of Richmond)

Discussant: João Rafael Cunha (University of St Andrews)

Back to program matrix

Political Connections and Banking Performance: the Moderating Effect of Gender Diversity

Catarina Proença (CeBER and Faculty of Economics, University of Coimbra), Mário Augusto (CeBER and Faculty of Economics, University of Coimbra), José Murteira (CeBER and Faculty of Economics, University of Coimbra)

Discussant: Ricardo Ribeiro (Católica Porto Business School)

The Profitability and Distance to Distress of European Banks: Does the Business Model Matter?

Bernardo Marques (Faculdade de Economia da Universidade do Porto, Católica Porto Business School), Carlos Alves (Faculdade de Economia da Universidade do Porto)

Discussant: Catarina Proença (University of Coimbra)

Asset Classification Under the IFRS 9 Framework for the Construction of a Banking Investment Portfolio

Rui Brito (CeBER, University of Coimbra), Pedro Júdice (Montepio Geral and ISCTE Business Research Unit)

Discussant: Bernardo Marques (Católica Porto Business School)

The Pricing of Bank Bonds, Sovereign Credit Risk and ECB’s Asset Purchase Programmes

Ricardo Branco (Mazars Portugal), João Pinto (Católica Porto Business School and CEGE), Ricardo Ribeiro (Católica Porto Business School and CEGE)

Discussant: Rui Brito (University of Coimbra)

Back to program matrix

Frequency-Domain Information for Active Portfolio Management

Gonçalo Faria (Católica Porto Business School), Fabio Verona (Bank of Finland)

Discussant: Teodor Dyakov (VU Amsterdam)

Portfolio Optimization Models and Performance Sensitivity: the Effects from Implementing Different Turnover and Exposure Restrictions

Wolfgang Bessler (University of Hamburg), Georgi Taushanov (University of Giessen)

Discussant: Gonçalo Faria (Católica Porto Business School)

Determinants of Non-Compliant Equity Funds with Eu Portfolio Concentration Limits

Lidia Loban Acero (Universidad de Zaragoza), José Luis Sarto (Universidad de Zaragoza), Luis Vicente (Universidad de Zaragoza)

Discussant: Wolfgang Bessler (University of Hamburg)

Currency Risk and Equity Allocations by International Mutual Funds

Teodor Dyakov (VU Amsterdam), Evert Wipplinger (VU Amsterdam)

Discussant: José Luis Sarto (University of Zaragoza)

Back to program matrix

Bitcoin and Ethereum: Coming Together?

Pedro Bação (CeBER - Centre for Business and Economics Research and Faculty of Economics, University of Coimbra), António Portugal Duarte (CeBER - Centre for Business and Economics Research and Faculty of Economics, University of Coimbra), Helder Sebastião (CeBER - Centre for Business and Economics Research and Faculty of Economics, University of Coimbra)

Discussant: Oscar Soons (University of Amsterdam)

Dynamics of Price Stability and Financial Stability in Asian Economies: an Econometric Psvar Approach

Sania Nawaz (University of Évora), Carlos Vieira (University of Evora), Isabel Vieira (University of Évora), Sumaira Ashraf (University of Madeira)

Discussant: António Portugal Duarte (University of Coimbra)

The Safety Demand in a Monetary Union and the Effect of Common Fiscal Policy

Oscar Soons (University of Amsterdam)

Discussant: Sania Nawaz (University of Évora)

Back to program matrix

Tax Avoidance and Corporate Financing in a ESG Setting

Victor Barros (ADVANCE/CSG, ISEG, Universidade de Lisboa), Alexandre Correia (ISEG, Universidade de Lisboa), Joaquim Sarmento (ADVANCE/CSG, ISEG, Universidade de Lisboa)

Discussant: Gonçalo Lestre (University of Aveiro)

ESG Performance and Cost of Equity: the Moderating Role of Materiality

Liliana Cardoso (School of Economics and Management, University of Porto), Cláudia Ribeiro (School of Economics and Management and CEF.UP, University of Porto)

Discussant: Victor Barros (ISEG, University of Lisbon)

The Impact of Corporate Social Responsibility on Financial Performance and the Possible Bilateral Causal Relationship

Gonçalo Lestre (Universidade de Aveiro, Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT)), Mara Madaleno (Research Unit on Governance, Competitiveness and Public Policies (GOVCOPP); Universidade de Aveiro, Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT))

Discussant: Liliana Cardoso (University of Porto)

Back to program matrix

Determinants of Pe Buyouts Operating Performance in a Small Economy

Paulo Silva (Faculdade de Economia da Universidade do Porto), Miguel Sousa (Faculdade de Economia da Universidade do Porto)

Discussant: Ana Mol Gómez-Vázquez (University of Alicante)

Reward Crowdfunding Campaign Time-To-Success Analysis

Israel Felipe (Federal University of Ouro Preto/Brazil and NIPE), Wesley Mendes-Da-Silva (Fundação Getulio Vargas and IC2 Institute of The University of Texas at Austin), Danilo Braun Santos (Federal University of Sao Paulo), Cristiana Cerqueira Leal (NIPE and University of Minho)

Discussant: Paulo Silva (University of Porto)

Does the Stability of the Banking System Moderate the Effect of Bank Concentration on SMEs Financial Restrictions?

Ginés Hernández-Cánovas (Universidad Politécnica de Cartagena), Ana Mol Gómez-Vázquez (Universidad de Alicante), Pedro Martínez-Solano (Universidad de Murcia)

Discussant: Cristiana Cerqueira Leal (University of Minho)

Back to program matrix

Independent Sources of Information About UK Expected Returns

Nuno Soares (CEFUP and Universidade do Porto), Andrew Stark (Alliance Manchester Business School), Wei Jiang (Alliance Manchester Business School)

Discussant: Ian Cooper (London Business School)

Managing the Risk of the Low-Risk Anomaly

Pedro Barroso (UNSW), Andrew Detzel (University of Denver), Paulo Maio (Hanken School of Economics)

Discussant: Nuno Soares (University of Porto)

Foreign Bias in Equity Portfolios: Informational Advantage or Familiarity Bias?

Martijn Boermans (De Nederlandsche Bank), Ian Cooper (London Business School), Piet Sercu (KU Leuven), Rosanne Vanpee (KU Leuven)

Discussant: Pedro Barroso (UNSW Sydney)

Back to program matrix

Euro Dollar Exchange Rate Fundamentals: First 20 Years

Adriana Espínola (Universidade dos Açores), Gualter Couto (Universidade dos Açores), Pedro Pimentel (Universidade dos Açores)

Discussant: Peter Lerner (Anglo-American University)

Do Borrower Country Financial System and Corporate Governance System Types Influence the Spread of Syndicated Loans?

Nuno Moutinho (IPB), Carlos Alves (CEF.UP & FEP), Francisco Martins (FEP)

Discussant: Pedro Pimentel (University of the Azores)

Fourier State-Space Model of Market Liquidity: the Chinese Experience 2009-2010

Peter Lerner (Anglo-American University)

Discussant: Nuno Moutinho (Polytechnic Institute of Bragança)

Back to program matrix

Financial Constraints and Product Market Decisions: the Role of Production Cycles

Diogo Mendes (Stockholm School of Economics)

Discussant: Tiago Dutra (Instituto Universitario de Lisboa (ISCTE-IUL))

Default Prediction of SME: the Case of the Construction Sector in Portugal

Magali Costa (Polytechnic Institute of Leiria), Inês Lisboa (Polytechnic Institute of Leiria)

Discussant: Diogo Mendes (Stockholm School of Economics)

Banking Regulation and Banks’ Risk-Taking Behavior: the Role of Investors’ Protection

Tiago Dutra (Instituto Universitario de Lisboa (ISCTE-IUL)), João Teixeira (Universidade dos Açores), José Carlos Dias (Instituto Universitario de Lisboa (ISCTE-IUL))

Discussant: Inês Lisboa (Polytechnic Institute of Leiria)

Back to program matrix

High-Frequency Volatility Analysis Through Big-Data Within an Intrinsic Time-Frame

António Santos (University of Coimbra)

Discussant: Angelika Vogt (Humboldt-Universität zu Berlin)

Measuring and Hedging Geopolitical Risk

Susana Campos Martins (University of Oxford), Robert F. Engle (New York University Stern School of Business)

Discussant: António Santos (University of Coimbra)

Endogenous Climate Policy, Systemic Risk and Asset Stranding

Achim Hagen (Humboldt-Universität zu Berlin), Niko Jaakkola (University of Bologna), Angelika Vogt (Humboldt-Universität zu Berlin)

Discussant: Susana Campos Martins (University of Oxford)

Back to program matrix

Accuracy of European Stock Target Prices

Raquel Gaspar (ISEG, Universidade de Lisboa and CEMAPRE/REM Research Center), Joana Almeida (ISEG, Universidade de Lisboa)

Discussant: Ana Sofia Monteiro (University of Coimbra)

Modeling Commodity Prices Under Alternative Jump Processes and Fat Tails Dynamics

Mário Correia Fernandes (ISCTE), José Carlos Dias (ISCTE - Business Research Unit), João Pedro Nunes (ISCTE - Business Research Unit)

Discussant: Raquel Gaspar (ISEG, University of Lisbon)

Multi-Asset Return Predictability Using VARs

Ana Sofia Monteiro (University of Coimbra), Nuno Silva (University of Coimbra), Helder Sebastião (University of Coimbra)

Discussant: Mário Correia Fernandes (ISCTE-IUL)

Back to program matrix

On the Determinants of the Dynamic Choice Between Mergers and Tender Offers

Elmar Lukas (University Magdeburg), Paulo J. Pereira (Universidade do Porto), Artur Rodrigues (University of Minho)

Discussant: Heitor Almeida (University of Illinois at Urbana-Champaign)

Do Short-Term Incentives Affect Long-Term Productivity

Heitor Almeida (University of Illinois at Urbana-Champaign), Nuri Ersahin (Boston College), Rustom M. Irani (University of Illinois at Urbana-Champaign), Mathias Kronlund (University of Illinois at Urbana-Champaign)

Discussant: Shiqi Chen (University of Cambridge)

Time-Varying Information Value, Information Acquisition, Learning, and Financial Decisions

Shiqi Chen (University of Cambridge)

Discussant: Artur Rodrigues (University of Minho)

Back to program matrix

The Leicester-Pearson Phenomenon: when Good Firm Performance Triggers Optimal Managerial Dismissal

David Cardoso (University of Oxford)

Discussant: Dean Paxson (Alliance Manchester Business School)

Bid Price Under Uncertainty: the Case of Palmeirópolis Auction

Lucas Mesz (Pontifical Catholic University of Rio de Janeiro), Luiz Eduardo Brandão (Pontifical Catholic University of Rio de Janeiro), Carlos Bastian-Pinto (Pontifical Catholic University of Rio de Janeiro)

Discussant: David Cardoso (University of Oxford)

Analytical Input-Output Switching Options

Dean Paxson (Alliance Manchester Business School), Roger Adkins (School of Management, Bradford University)

Discussant: Lucas Mesz (Pontifical Catholic University of Rio de Janeiro (PUC-Rio))

Back to program matrix

The European Central Bank’s Corporate Debt Purchase Policy and Its Impact on Firm’s Equity Issues

Rogério Mauad (Universidade Presbiteriana Mackenzie), Gilberto Loureiro (Universidade do Minho), Denis Forte (Universidade Presbiteriana Mackenzie)

Discussant: Robert Hill (Nova School of Business and Economics)

Optimal Financial Regulation: the Interaction Between the Monetary Policy and Capital Regulation

Hormoz Ramian (University of Glasgow)

Discussant: Rogério Mauad (Mackenzie Presbyterian University)

Forgetting Approaches to Improve Forecasting

Robert Hill (Nova School of Business and Economics), Paulo Rodrigues (Banco de Portugal and Nova School of Business and Economics)

Discussant: Hormoz Ramian (University of Glasgow)

Back to program matrix

Financial Development and Economic Growth Nexus: a Case Study of Mauritius

Abdel Aliy Mowlaboccus (City, University of London)

Discussant: Fabiano Coelho (Unisinos, Universidade do Vale do Rio dos Sinos)

Covid-19 Crisis Economics

Julia Puaschunder (Columbia University, The New School Department of Economics, The New School for Public Engagement)

Discussant: Abdel Aliy Mowlaboccus (City, University of London)

Analysis of Society’s Perception of Fair Price and Its Influence on Firms’ Actions in Times of Pandemic Through the Lens of Neoclassical and Institutional Theories

Fabiano Coelho (Universidade do Vale do Rio dos Sinos), Clea Macagnam (Universidade do Vale do Rio dos Sinos), Roberto Decourt (Universidade do Vale do Rio dos Sinos)

Discussant: Julia Puaschunder (Columbia University)

Back to program matrix

Corruption, Immigration and Refugees: New Determinants in the Capital Structure of Companies

Samuel Mamede (Mackenzie Presbyterian University), Manuel Rocha Armada (University of Minho), Wilson Toshiro Nakamura (Mackenzie Presbyterian University)

Discussant: Zélia Serrasqueiro (University of Beira Interior)

Do Spanish Unlisted Family Firms Adjust Towards Target Capital Structure?

Zélia Serrasqueiro (University of Beira Interior), Fernanda Matias (University of Algarve), Julio Diéguez-Soto (University of Málaga)

Discussant: Bjarne Astrup Jensen (Copenhagen Business School)

The Tax Shield Increases the Interest Rate

Bjarne Astrup Jensen (Copenhagen Business School), Marcel Fischer (Copenhagen Business School and Universität Konstanz)

Discussant: Samuel Mamede (Mackenzie Presbyterian University)

Back to program matrix

Information Asymmetry Index: the View of Market Analysts

Roberto Decourt (Unisinos), Heitor Almeida (University of Illinois at Urbana–Champaign), Matheus Gonzalez (Unisinos), Philippe Protin (Université Grenoble Alpes)

Discussant: Paulo Alves (Católica Porto Business School)

Going-Concern Audit Opinions and the Intra-Industry Effect

Rúben Peixinho (Universidade do Algarve), Luís Coelho (Universidade do Algarve)

Discussant: Roberto Decourt (Unisinos, Universidade do Vale do Rio dos Sinos)

The Choice Between Project Financing and Corporate Financing: Evidence from the Corporate Syndicated Loan Market

Paulo Alves (Católica Porto Business School), João Pinto (Católica Porto Business School)

Discussant: Rúben Peixinho (University of Algarve)

Back to program matrix

Concession Contracts Valuation Under Uncertainty and Flexibility

Naielly Marques (Pontifical Catholic University of Rio de Janeiro (PUC-Rio)), Carlos Bastian-Pinto (Pontifical Catholic University of Rio de Janeiro (PUC-Rio)), Luiz Eduardo Brandão (Pontifical Catholic University of Rio de Janeiro (PUC-Rio))

Discussant: Yves Rakotondratsimba (ECE Paris Graduate School of Engineering)

Pricing Levered Warrants Under the CEV Diffusion Model

Carlos Miguel Glória (Instituto Universitário de Lisboa (ISCTE-IUL), Business Research Unit (BRU-IUL)), José Carlos Dias (Instituto Universitário de Lisboa (ISCTE-IUL), Business Research Unit (BRU-IUL)), Aricson Cruz (Business Research Unit (BRU-IUL))

Discussant: Naielly Marques (Pontifical Catholic University of Rio de Janeiro (PUC-Rio))

Data-Driven Models for Forecasting and Pricing

Yves Rakotondratsimba (ECE Paris Graduate School of Engineering)

Discussant: Carlos Miguel Glória (ISCTE-IUL)

Back to program matrix

Merger Waves and the Importance of Financial Advisors Reputation for Acquirers

José Faias (Católica Lisbon School of Business and Economics)

Discussant: Reiner Quick (Technical University of Darmstadt)

Do Non-Audit Service Failures Impair Auditor Reputation? An Analysis of Capital Market Reactions on Multiple Scandals Surrounding Kpmg Advisory Services in Germany

Reiner Quick (Darmstadt University of Technology), Christian Friedrich (Darmstadt University of Technology)

Discussant: Maria Carmo Correia (Polytechnic Institute of Cávado and Ave)

The Impact of Underwriters’ Reputation in Post-IPO Stock Price Informativeness: International Evidence

Maria Carmo Correia (Polytechnic Institute of Cávado and Ave), Gilberto Loureiro (University of Minho)

Discussant: José Faias (Católica Lisbon School of Business and Economics)

Back to program matrix