| Speaker Profile 2017 |
Previous conferences
| EMF 2019 |
| EMF 2018 |
| EMF 2016 |
| EMF 2015 |
| EMF 2014 |
| EMF 2013 |
| EMF 2012 |
| EMF 2011 |
| EMF 2010 |
17th - 20th December 2017
The Trident, BKC, Bombay
The Trident, BKC, Bombay
Programme Committee
- Subrata Sarkar, IGIDR
- Ajay Shah, National Institute of Public Finance and Policy
- Ramabhadran Thirumalai, Indian School of Business
- Susan Thomas, IGIDR
- Pradeep Yadav, University of Oklahoma
- Yesha Yadav, Vanderbilt Law School
17th December 2017
| 06:00-11:00 | A walk in the woods. |
| 18:00-18:30 | Registration Speakers dinner (By invitation only) |
| A conversation with Adam Feibelman
from Tulane Law School on ``Anticipating the function and impact of India's new personal insolvency and bankruptcy regime'' [paper] with Bindu Ananth, Dvara Research Foundation and Renuka Sane, National Institute of Public Finance and Policy |
|
| 19:30-20:30 | Dinner |
| Conversations on ``Data protection and privacy'' with Vrinda Bhandari, Advocate and Brian T. Fitzpatrick, Vanderbilt University Law School moderated by Yesha Yadav, Vanderbilt Law School. |
18th December 2017
| 08:30-09:15 | Registration and breakfast | 09:15-09:30 | Welcome session |
| 09:30-11:00 | Session I: Macro-economics and finance Chairperson: Rajeswari Sengupta, IGIDR |
| Money as infrastructure [paper] [presentation] Morgan Ricks, Vanderbilt University Law School Discussant: Harsh Vardhan, Bain & Company Strategic asset-liability allocation for foreign exchange reserves: An application to emerging markets [paper] [presentation] Jorge Sabat, Washington University Discussant: Josh Felman, J. H. Consultants [presentation] Identifying the early warnings of currency crisis in India [paper] [presentation] Mohana Rao Balaga and Puja Padhi, Indian Institute of Technology, Bombay Discussant: Ajay Shah, National Institute of Public Finance and Policy [presentation] |
|
| 11:00-11:15 | Coffee and tea break |
| 11:15-12:15 | Session II: Behaviour of investors Chairperson: Monika Halan, Mint |
|
Do buy-side institutions supply liquidity in
bond markets? Evidence from mutual funds [paper] [presentation] Amber Anand, Syracuse University, Chotibhak Jotikasthira and Kumar Venkataraman,Southern Methodist University Discussant: Anjali Sharma, Finance Research Group, IGIDR Home-Institution Bias. An Investigation Into Foreign Origin AMC Exits From India [paper] [presentation] Abidi Qambar, Indian Institute of Management, Ahmedabad Discussant: Renuka Sane, National Institute of Public Finance and Policy |
|
| 12:15-13:30 | One year of IBC: review and expectations |
| Discussants: |
Ravi Chachra, Eight Asset Reconstruction Private Limited
M. S. Sahoo, Insolvency and Bankruptcy Board of India Josh Felman, J. H. Consultants Anjali Sharma, Finance Research Group, IGIDR (Moderator) Bahram Vakil, AZB & Partners T. K. Viswanathan, Director (ADR) International Centre for Alternative Dispute Resolution |
| 13:30-15:00 | Lunch talk: ``The Indian bankruptcy
reform: a progress report'' by
M. S. Sahoo, Insolvency and Bankruptcy Board of India, [presentation] introduction by Susan Thomas, IGIDR |
| 15:00-17:15 | Session III: Macro-economics, markets and firms Chairperson: Ajay Shah, National Institute of Public Finance and Policy |
|
Commonality in volatility risk premium [paper] [presentation] Prasenjit Chakrabarti and K Kiran Kumar, Indian Institute of Management, Indore Discussant: Susan Thomas, IGIDR Business cycle effect on leverage: A study of Indian non-financial firms Arpita Pattanaik, Finance Research Group, IGIDR and Rajeswari Sengupta, IGIDR Discussant: Manpreet Singh, Georgia Institute of Technology [presentation] |
|
| 16:00-16:15 | Coffee and tea break |
| Does easing controls on external commercial
borrowings boost exporting intensity of Indian
firms? [paper] [presentation] Udichibarna Bose, University of Essex, Sushanta Mallick, Queen Mary University of London and Serafeim Tsoukas, University of Glasgow Discussant: Rajeswari Sengupta, IGIDR Dividends and underinvestment in China: Did foreign investors export liquidity during the global financial crisis? [paper] [presentation] John Goodell, University of Akron, Abhinav Goyal, University of Liverpool and Wei Huang, University of Nottingham Discussant: Pab Jotikasthira, Cox Business School |
19th December 2017
| 08:30-09:00 | Registration and breakfast |
| 09:00-10:30 | Session IV: International dimension Chairperson: Madhu Kalimipalli, Wilfrid Laurier University, |
| Human capital, skilled immigrants and
innovation [paper] [presentation] Rasha Ashraf, Georgia State University and Rina Ray, University of Colorado Denver Business School Discussant: Veeramani C., IGIDR [presentation] Tax threat and disruptive market power of foreign portfolio investors [paper] [presentation] Andrew Marshall, University of Strathclyde, Suman Neupane, Griffith University, Biwesh Neupane and Chandra Thapa, University of Strathclyde Discussant: Rina Ray, University of Colorado, Denver Business School [presentation] Evaluating the impact of surging emerging market corporate debt Wing Chan, Wilfrid Laurier University, Olga Dodd, Auckland University of Technology and Madhu Kalimipalli, Wilfrid Laurier University, Discussant: Sushant Mallick, Queen Mary University of London [presentation] |
|
| 10:30-10:40 | Coffee and tea break |
| 10:40-12:10 | Session V: Financial market
structure Chairperson: Josh Felman, J. H. Consultants |
|
Dark Pools and the Decline of Market Governance [paper] [presentation] Yesha Yadav, Vanderbilt University Law School Discussant: Pab Jotikasthira, Cox Business School [presentation] Contracting out of the fiduciary duty of loyalty: An empirical analysis of corporate opportunity waivers [paper] [presentation] Gabriel Rauterberg, University of Michigan Law School and Eric Talley, University of Columbia Law School. Discussant: Adam Feibelman, Tulane Law School The Impact of Mandated Corporate Social Responsibility: Evidence from India’s Companies Act of 2013, [paper] [presentation] Dhammika Dharmapala, University of Chicago Law School and Vikramaditya S. Khanna, University of Michigan Law School Discussant: Rahul Rishi, Nishith Desai Associates |
|
| 12:10-13:30 | Lunch |
| 13:30-15:00 | Innovations and challenges in building commodity markets |
| Discussants: |
Anil Mathew, Hindalco Industries Limited Sudha Narayan, IGIDR Sameer Patil, Bombay Stock Exchange Dipesh Shah, Gujarat International Finance Tec-City Ravindra Shevade, National Commodities Derivatives Exchange V. Shunmugam, Multi Commodities EXchange Susan Thomas, IGIDR (Moderator) |
| 15:00-17:00 | Session VI: The executive, the
judiciary and enterprise Chairperson: Rajiv Lall, IDFC Bank |
|
The Indian Class Action: How Effective
Can They Be? [paper] [presentation] Brian T. Fitzpatrick, Vanderbilt University Law School Discussant: Vikramaditya S. Khanna, University of Michigan Law School Watching India's insolvency reforms:A new dataset of insolvency cases [paper] [presentation] Sreyan Chatterjee, Gausia Shaikh and Bhargavi Zaveri, Finance Research Group, IGIDR Discussant: Shefali Malhotra, Macro / Finance Group, National Institute of Public Finance and Policy Caste, Courts and Business [paper] [presentation] Tanika Chakraborty, IIM Calcutta, Anirban Mukherjee, University of Calcutta, Sarani Saha and Divya Shukla, IIT Kanpur Discussant: Shubho Roy, Macro/Finance Group, NIPFP Politicking behaviour of Indian firms [paper] [presentation] Wasim Ahmad and Rishman Jot Kaur Chahal, IIT Kanpur Discussant: Vimal Balasubramaniam, University of Warwick [presentation] |
|
| 18:00-19:00 | Strengthening the judicial exoskeleton |
| In conversation with: |
Justice Sanjay K. Kaul, Supreme
Court of India Ajay Shah, National Institute of Public Finance and Policy Justice (Retd.) B. N. Srikrishna, Supreme Court of India |
| 19:00-21:00 | Dinner |
20th December 2017
| 08:30-09:30 | Registration and breakfast |
| 09:30-10:30 | Session VII: Behaviour of firms Chairperson: Harsh Vardhan, Bain & Company |
|
Investment opportunities and financing
externalities: Evidence from the golden
quadrilateral in India Lakshmi Naaraayanan, Hong Kong University of Science and Technology and Daniel Wolfenzon, Columbia University and NBER Discussant: Kaushik Krishnan, True North Financial constraints and trade credit as a strategic tool: Evidence from small-scale reservation reforms in India Manpreet Singh, Georgia Institute of Technology Discussant: Rajeswari Sengupta, IGIDR |
|
| 10:30-10:45 | Coffee and tea break |
| 10:45-11:45 | Session VIII: Chairperson: Ajay Shah, National Institute of Public Finance and Policy |
|
Order exposure in high frequency markets [paper] [presentation] Bidisha Chakrabarty, Saint Louis University, Terrence Hendershott, University of California, Berkeley, Samarpan Nawn, Indian Institute of Management, Kolkata and Roberto Pascaul, University of Balearic Islands Hiding behind the veil: Informed traders and pre-trade opacity K. Kiran Kumar, Indian Institute of Management, Indore, Ramabhadran S. Thirumalai, Indian School of Business and Pradeep K. Yadav, University of Oklahoma [presentation] |
|
| 11:45-13:00 | FinTech: how cheaply can financial service be delivered? |
| Discussants: |
Ashish Aggarwal, Macro/Finance Group, National Institute of Public Finance and Policy Nath Parameswaran, Paypal Manisha Pandita & Sanjay Gandhi, EasyPlan Sanjiv Shah, FinTech entrepreneur Navtej Singh, Bizstrat consulting Harsh Vardhan, Bain & Company Susan Thomas, IGIDR (Moderator) |
| 13:00-14:00 | Lunch |
| 14:00-16:15 | Session IX: Corporate governance Chairperson: Josh Felman, J. H. Consultants |
|
Extreme actions of incumbent CEO's to
frustrate hostile takeover bids [paper] [presentation] Nicholas Carline, University of Birmingham, Scott Linn and Pradeep K. Yadav, University of Oklahoma Discussant: Subrata Sarkar, IGIDR [presentation] Corporate governance reform and dividend policy: Does the severity of penalties matter? [paper] [presentation] Santosh Koirala, Andrew Marshall and Chandra Thapa, University of Strathclyde Discussant: Poonam Mehra, NITIE |
|
| 15:00-15:15 | Coffee and tea break |
| Watching the wolves: Unveiling the
moderating role of corporate governance on CEO
power Md Emdadul Islam, Mark Humphery-Jenner, Lubna Rahman and Jo-Ann Suchard, UNSW Australia Discussant: Jayati Sarkar, IGIDR [presentation] How Corporate Law Accommodates Stakeholder Governance Margaret Mendenhall Blair, Vanderbilt University Law School Discussant: Renuka Sane, National Institute of Public Finance and Policy [presentation] |
|
| 16:15-16:30 | Coffee and tea break |
| 16:30-17:30 | A last word: ``Experiences in making
policy'' A conversation with Rajiv Mehrishi, Comptroller and Auditor General of India moderated by Pradeep Yadav, Oklahoma University |
| 17:30-17:40 | Closing address and announcements |
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