EUROPEAN SUMMER SYMPOSIUM IN FINANCIAL MARKETS

Generously hosted by
Study Center Gerzensee

Monday 18-29 July 2011

The following papers will be presented at the informal evening sessions. Please see the Corporate Finance Evening Programme for further details.

A Macroeconomic Model of Endogenous Systemic Risk Taking
David Martinez Miera

Additions to Market Indices and the Comovement of Stock Returns around the World
Yishay Yafeh

Agency, Competition and Investment Timing
Yrjo Koskinen

Bondholder Concentration and the Cost of Debt: Evidence from a Natural Experiment
Alberto Manconi

Cash is King: Revaluation and the Medium of Exchange in Merger Bids
Marcus Opp

Collateralization, Bank Loan Rates and Monitoring: Evidence from a Natural Experiment
Geraldo Cerqueiro

Counterfactual Analysis of Bank Mergers
Diana Bonfim

Demand for Information and Ratings Accuracy
Anastasia Kartasheva

Does Tax Control Improve Entrepreneurs' Access to Credit? Evidence from France”
Laurent Bach

Dual Role Advisors and Conflicts of Interest
Linus Siming

Dynamic Debt Runs: Evidence from a Structural Estimation
Enrique Schroth

Financial Constraints of Private Firms and Government Ownership in Banks
Lars Norden

Financial Literacy and the Demand for Financial Advice
Riccardo Calcagno

Financial Literacy and the Financial Crisis: Evidence from Russia
Leora Klapper

How did the US Slump Begin? Role of the 2005 Bankruptcy Reform”
Ulf von Lilienfeld-Toal

Information Externalities in Corporate Governance
Konrad Raff

Institutional Investors and Corporate Investment
Cristina Cella

Managerial Compensation in the Financial Services Industry
Felix Suntheim

Maturity Rationing
Konstantin Milbradt

On the Non-Exclusivity of Loan Contracts: An Empirical Investigation
Hans Degryse

Ownership and Value During the Crisis
Hannes Wagner

The Credit Ratings Game – Revisited
Stefan Hirth

Transmission of Bank Liquidity Shocks in Loan and Deposit Markets: the Role of Interbank Borrowing and Market Monitoring
Gunseli Tumer-Alkan