Preliminary Program AFA 2017 CHICAGO MEETINGS SEVENTY SEVENTH ANNUAL MEETINGAMERICAN FINANCE ASSOCIATION Chicago, Illinois

• Date: 01 December 2016
• DOI: http://doi.org/10.1111/jofi.12476
• Published date: 01 December 2016

January 6–8, 2017 AMERICAN FINANCE ASSOCIATION Boston, MA

Preliminary Program

AFA 2017 CHICAGO MEETINGS

SEVENTY SEVENTH ANNUAL MEETING

AMERICAN FINANCE ASSOCIATION

Chicago, Illinois

January 6, 2017 – 8:00 AM

Sheraton Grand Chicago, Chicago Ballroom VII

AFA Ph.D. Poster Session

A Simple Estimation of Bid-Ask Spreads from Daily Close, High, and Low

Prices

Farshid Abdi; University of St. Gallen

Angelo Ranaldo; University of St. Gallen

Agency Issues in Corporate Bond Trading

Alessio Ruzza; USI and SFI

Agency Trading and Principal Trading

Jiacui Li; Stanford University

Wenhao Li; Stanford University

Analyst Recommendations and International Stock Market Returns

Henk Berkman; University of Auckland

Wanyi Yang; University of Auckland

Are Open Market Share Repurchase Programs Really Flexible?

Ruidi Huang; University of Illinois at Urbana-Champaign

Bank Capital Regulation and Employment Effects: Evidence from the

Valuation of Pension Plans

Andrada Bilan; Swiss Finance Institute and University of Zurich

Board Independence and Cash Holdings

Erik Lie; University of Iowa

Keyang Yang; University of Iowa

Bonds Buyback, Credit Risk and Liquidity Risk

Hui Xu; University of Illinois

CEO Turnover and Short-Selling

Anja Kunzmann; University of Mannheim

Kristina Meier; University of Mannheim

January 6–8, 2017 AMERICAN FINANCE ASSOCIATION Boston, MA

Choice of Order Size and Price Discovery The Last Digit Puzzle

Ren´

e Wells; University of Luxembourg

CoCo Bonds and Risk: The Market View

Henning Hesse; Goethe Universit¨

at Frankfurt

Customer Friendly Finance

Jordan Martel; University of Colorado Boulder

Do Venture Capital-Driven Management Turnovers Enhance Corporate

Innovation in Private Firms?

Qianqian Yu; Boston College

Does History Repeat Itself? Business Cycle and Industry Returns

Sudheer Chava; Georgia Institute of Technology

Alex Hsu; Georgia Institute of Technology

Linghang Zeng; Georgia Institute of Technology

Dollar Ahead of FOMC Target Changes

Nina Karnaukh; University of Pennsylvania

Dynamic-Agency Based Asset Pricing in a Production Economy

Jincheng Tong; University of Minnesota

Chao Ying; University of Minnesota

Extrapolative Expectations and the Second-Hand Market for Ships

Ioannis Moutzouris; Cass Business School

Feedback Loops in Industry Trade Networks and the Term Structure

of Momentum

Ali Sharifkhani; University of Toronto

Mikhail Simutin; University of Toronto

Fighting Fire with Fire: Mitigating Information Asymmetry with Open-Market

Repurchase Programs

Alvin Chen; University of Washington

Financial Innovation and Borrowers: Evidence from Peer-to-Peer Lending

Tetyana Balyuk; University of Toronto

Fire Buy of Central Bank Collateral Assets

Calebe de Roure; Frankfurt School of Finance & Management

Firm Boundaries and Political Uncertainty: Evidence Using State Elections

in India

Arkodipta Sarkar; London Business School

January 6–8, 2017 AMERICAN FINANCE ASSOCIATION Boston, MA

Golden Handcuffs and Corporate Innovation: Evidence from Defined Benefit

Pension Plans

Bin Qiu; University of Hawaii at Manoa

How Do Hurricanes Affect Life Insurance Premiums? -The Effect of Financial

Constraints on Pricing

Shan Ge; The Ohio State University

‘I’ll Have What She’s Having’: Identifying Social Influence in Household

Mortgage Decisions

William McCartney; Duke University

Avni Shah; University of Toronto

Inalienable Skilled Labor and Capital Structure

Ali Sanati; University of Minnesota

Insider Ownership, Governance Mechanisms and International Corporate

Bond Pricing

Nora Pankratz; Maastricht University

Interbank Connections and Financial Stability

Shasta Shakya; Pennsylvania State University

Intermediary Asset Pricing and Short Term Risk Premia

Wenhao Li; Stanford University

Jonathan Wallen; Stanford University

Investment Timing with Costly Search for Financing

Samuel Antill; Stanford University

Leverage, Labor Commitment, and Employee Layoffs

Balbinder Singh Gill; Temple University

Long-Term Finance and Economic Development: The Role of Liquidity in

Corporate Debt Markets

Julian Kozlowski; New York University

Macro News, Micro News, and Stock Prices

Jinfei Sheng; University of British Columbia

Mandatory Compensation Disclosure, CFO Pay, and Corporate Financial

Reporting Practices

Hongyan Li; Virginia Tech

Jin Xu; Virginia Tech

Measuring Trust in Institutions: An Experimental Study Using Time

Preference Elicitation

Stefan Penczynski; University of Mannheim

Maria Isabel Santana; University of Mannheim