Back up to IGIDR Finance Group.

Emerging Markets Finance Conference, 15-16 December, 2010

The Westin Hotel
Goregaon East
Bombay 400 065.

Programme committee:

15 December 2010

09:30 - 10:00 Registration, Coffee and Tea

10:00 - 11:00 Inaugural session
Chairman: S. Mahendra Dev, Director, IGIDR
    Kirit Parikh, Chairman, IRADe
    Ashok Desai, Consulting Editor, Business World

Session I Chairman: M. Sahoo, SEBI
11:00 - 11:40     Do implicit barriers matter for globalisation? [paper] [presentation]
    Fransesca Carrieri, McGill U., Ines Charieb, U. of Amsterdam, Vihang Errunza, McGill U.
         Discussant: Ajay Shah, NIPFP [presentation]
11:40 - 12:20     Capital structures around the world: Are small firms different? [paper] [presentation]
    Tugba Bas, Yaz Gulnur Muradoglu and Kate Phylaktis, Cass Business School
        Discussant: Rajendra Vaidya, IGIDR
12:20 - 13:00     Stability and impact of hedge fund country allocation in emerging markets
    [paper] [presentation]
    Gunter Loeffler, U. of Ulm
        Discussant: Jayanth R. Varma, IIM Ahmedabad [presentation]

13:00 - 14:00 Invited Lunch Talk
Speaker: Viral Acharya, Stern School of Business, NYU
``Regulating Wall Street: The Dodd-Frank Act and the new architecture of global finance''
[presentation] [Chapter One of the book] [The book]

Session II Chairman: Jim Shapiro, BSE
14:00 - 14:45     Is it heterogeneous investor beliefs or private information that affects prices and trading?
    [paper] [presentation]
    Sugato Chakravarty, Purdue U., Rina Ray, Norwegian School of Economics and Business
        Discussant: Gangadhar Darbha, Nomura Securities
14:45 - 15:30     Corporate governance and cost of equity: Do financial development and legal origin matter?
     [paper] [presentation]
    Alireza Tourani-Rad and Kartick Gupta, Auckland U. of Tech., Chandrasekhar Krishnamurti,
        U. of Southern Queensland
        Discussant: Vijaya B. Marisetty, RMIT U.

15:30 - 16:00 Coffee and Tea

16:00 - 18:00 New questions about financial inclusion: A discussion
Chairman: Susan Thomas, IGIDR
    Bindu Ananth, President, IFMR Trust
    Mahesh Krishnamurthy, Partner, India Value Fund
    Viral Shah, UIDAI

19:30 - 21:30 Music and Dinner at IGIDR
    A sarod recital by Suresh Vyas accompanied by Milind Joshi on the tabla
    (One piece played was in Raga Bhairavi)
    Followed by dinner at the Red Square

16 December 2010

09:30 - 10:00 Coffee and Tea

Session III Chairman: K. N. Vaidyanathan, SEBI
10:00 - 10:40     Are mutual funds sold or bought? Evidence from the Indian funds market [paper] [presentation]
    Buvaneshwaran G. Venugopal, Monash U., Vijaya B. Marisetty, RMIT U.
        Discussant: Sayee Srinivasan, BSE
10:40 - 11:20     The impact of shrouded fees: Evidence from a natural experiment in the Indian
        mutual funds market [paper] [presentation]
    Hoikwang Kim and Santosh Anagol, Wharton School, U. of Pennsylvannia
         Discussant: Renuka Sane, IGIDR [presentation]

11:20 - 11:40 Coffee and Tea

Session IV Chairman: Ashish Chauhan, BSE
11:40 - 12:20     Stock Option Grants and Firm Value When Directors Cannot Behave Opportunistically
    [paper] [presentation]
    Balasingham Balachandran, La Trobe U., Glenn Boyle, U. of Canterbury, Keryn Chalmers,
     Monash U.,
         Discussant: Ekta Selarka, IGIDR [presentation]
13:00 - 14:00 Invited Lunch Talk
Speaker: C. B. Bhave, SEBI

Session V Chairman: Gangadhar Darbha, Nomura Securities
14:00 - 14:40     Does granting minority share-holders direct control over corporate decisions increase shareholder
        value? A natural experiment from China [paper] [presentation]
    Bin Ke, Smeal College of Business at Pennsylvania State U., Zhifeng Yang, City College of
        Hong Kong, Zhihong Chen, City U. of Hong Kong
        Discussant: Subrata Sarkar, IGIDR [presentation]
14:40 - 15:20     Volume volatility in dual markets: Lessons from Chinese ADRs [paper] [presentation]
    Chaoyan Wang, U. of York, Malay Dey NYIT and FINQ
        Discussant: Kiran Kumar, NISM [presentation]
15:20 - 16:00     Aspects of market microstructure on the Indonesian Stock Exchange [paper] [presentation]
    Luluk Kholisoh, Gunadarma U., Jakarta
        Discussant: R. Krishnan, IGIDR [presentation]

16:00 - 16:30 Coffee and Tea

16:30 - 18:30 The frontiers of Indian finance: A discussion
Chairman: Pradeep Yadav, Price College of Business, U. of Oklahoma
    Neeraj Gambhir, Nomura Securities
    Mrugank Paranjape, Deutsche Bank AG
    Sanjiv Shah, Benchmark Mutual Fund
    Sayee Srinivasan, BSE
    Susan Thomas, IGIDR [presentation]

19:00 - 21:00 Dinner at the Westin

Back up to IGIDR Finance Group.