Conference Agenda

Financial Regulation and Automation Adoption: Evidence from Stock Trading Firms

Pedro Tremacoldi-Rossi

University of Illinois at Urbana-Champaign, United States of America

Discussant: Jonathan Brogaard (University of Utah)

Advising the Advisors: Evidence from ETFs

Jonathan Brogaard¹, Nataliya Gerasimova², Ying Liu³

1: University of Utah; 2: Norwegian School of Economics, Norway; 3: Shanghai University of Finance and Economics

Discussant: Egle Karmaziene (Vrije Universiteit)

Is Human-Interaction-Based Information Substitutable? Evidence from Lockdown

Jennie Bai¹, Massimo Massa²

1: Georgetown University, United States of America; 2: INSEAD

Discussant: Cameron Peng (LSE)

Partisan Return Gap: The Polarized Stock Market in the Time of a Pandemic

Jinfei Sheng, Zheng Sun, Wanyi Wang

UC Irvine

Discussant: Blair Vorsatz (University of Chicago Booth School of Business)

Asset Pricing with Attention Guided Deep Learning

Philippe Chatigny, Ruslan Goyenko, Chengyu Zhang

McGill University, Canada

Private Settlement in Blockchain Systems

Alfred Lehar, Motahhareh Moravvejhamedani

University of Calgary, Canada

Is the Value Premium Smaller Than We Thought?

Mathias Hasler

Boston College, United States of America

Temporal Focus in Earnings Conference Calls

Ming Deng^1,3, Michał Dzieliński², Alexander F. Wagner^1,3,4,5

1: University of Zurich, Switzerland; 2: Stockholm University, Sweden; 3: Swiss Finance Institute; 4: CEPR; 5: ECGI

Financing Sustainable Entrepreneurship: ESG Measurement, Valuation, and Performance in Token Offerings

Sasan Mansouri¹, Paul Momtaz^1,2

1: Goethe University Frankfurt, Germany; 2: UCLA Anderson School of Management

Stock Prices and the Russia-Ukraine War: Sanctions, Energy and ESG

Ming Deng^1,5, Markus Leippold^1,5, Alexander Wagner^1,3,4,5, Qian Wang^1,2

1: University of Zurich; 2: Inovest Partners AG; 3: CEPR; 4: ECGI; 5: Swiss Finance Institute

Uninformed but Predictable: Corporate Trading and Price Discovery in Over-the-counter FX Markets

Umang Khetan, Petra Sinagl

University of Iowa, United States of America

Discussant: Dagfinn Rime (BI Norwegian Business School)

Principal Trading Procurement: Competition and Information Leakage

Markus Baldauf^1,2, Joshua Mollner³

1: University of Chicago; 2: University of British Columbia; 3: Northwestern University, United States of America

Discussant: Sabrina Buti (Université Paris Dauphine-PSL)

Narrative Asset Pricing: Interpretable Systematic Risk Factors from News Text

Leland Bybee¹, Bryan Kelly¹, Yinan Su²

1: Yale School of Management; 2: Johns Hopkins University

Discussant: Maximilian Rohrer (Norwegian School of Economics)

Textual Analysis of Short-seller Research Reports, Stock Prices, and Real Investment

Jules van Binsbergen¹, Xiao Han², Alejandro Lopez-Lira³

1: The Wharton School, University of Pennsylvania, NBER and CEPR; 2: Bayes Business School, City, University of London; 3: University of Florida

Discussant: James Ryans (Social Capital & London Business School)

Does gamified trading stimulate risk taking?

Philipp Chapkovski¹, Mariana Khapko², Marius Zoican²

1: International Laboratory for Experimental and Behavioural Economics, Moscow; 2: University of Toronto, Canada

Discussant: Alessandro Previtero (Indiana University)

Retail Investors’ Contrarian Behavior Around Earnings, Attention, and the Momentum Effect

Enrichetta Ravina¹, Cheng Luo², Marco Sammon³, Luis Viceira³

1: Federal Reserve Bank of Chicago, United States of America; 2: Farallon Capital Management; 3: Harvard Business School

Discussant: Marina Niessner (The Wharton School, University of Pennsylvania)

The Government Agenda and the Effects of Regulatory Dispersion

Joseph Kalmenovitz¹, Michelle Lowry¹, Ekaterina Volkova²

1: Drexel University; 2: Melbourne University

Discussant: Jean-Edouard Colliard (HEC Paris)

Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices

Francesco Bianchi¹, Roberto Gomez Cram², Howard Kung²

1: Duke University (on leave), Johns Hopkins University; 2: London Business School, United Kingdom

Discussant: J. Anthony Cookson (University of Colorado - Boulder)

Risk Sharing, Investment Efficiency, and Welfare with Feedback Effects

Snehal Banerjee¹, Bradyn Breon-Drish¹, Kevin Smith²

1: University of California San Diego; 2: Stanford University, United States of America

Discussant: Ilja Kantorovitch (EPFL)

Disclosure Processing Costs and Market Feedback around the World

Charles McClure¹, Shawn Shi², Edward Watts³

1: University of Chicago; 2: Stanford Graduate School of Business; 3: Yale School of Management

Discussant: Jan Schneemeier (Indiana University)

Quality and Product Differentiation: Theory and Evidence from the Mutual Fund Industry

Maxime Bonelli¹, Anastasia Buyalskaya², Tianhao Yao¹

1: HEC Paris, France; 2: Caltech

Discussant: Melissa Prado (Universidade Nova de Lisboa Nova SBE)

Learning from Prospectuses

Simona Abis¹, Andrea M Buffa², Apoorva Javadekar³, Anton Lines¹

1: Columbia University; 2: University of Colorado Boulder; 3: Indian School of Business

Discussant: Savitar Sundaresan (Imperial College London)

Market Response to A Fear Impulse

Nikolaus Hautsch³, Albert J. Menkveld², Stefan Voigt¹

1: University of Copenhagen, Denmark and Danish Finance Institute; 2: Vrije Universiteit Amsterdam; 3: University of Vienna

Discussant: Marios Panayides (University of Cyprus)

ETFs, Illiquid Assets, and Fire Sales

Karamfil Todorov¹, John Shim²

1: Bank for International Settlements; 2: University of Notre Dame Mendoza College of Business

Discussant: Julio Crego (Tilburg University)

Privacy Laws and Value of Personal Data

Roxana Mihet¹, Mehmet Canayaz², Ilja Kantorovitch³, Simona Abis⁴, Huan Tang⁵

1: University of Lausanne & Swiss Finance Institute, Switzerland; 2: Pennsylania State University, USA; 3: EPFL; 4: Columbia University; 5: London School of Economics

Discussant: Antoine Uettwiller (Imperial College London)

Invisible Primes: Fintech Lending with Alternative Data

Marco Di Maggio¹, Dimuthu Ratnadiwakara², Don Carmichael³

1: Harvard Business School and NBER; 2: Louisiana State University; 3: Upstart

Discussant: Vesa Pursiainen (University of St. Gallen and Swiss Finance Institute)