Finance Research Group

Emerging Markets Finance Conference, 2010

Previous conferences

15^th - 16^th December 2010
Venue: Westin Hotel
Goregaon East
Bombay 400065.

Programme committee:

Ravi Anshuman, IIM Bangalore
Bhagwan Chowdhury, UCLA
Subrata Sarkar, IGIDR Bombay
Ajay Shah, NIPFP Delhi
Ram Thirumulai, ISB Hyderabad
Susan Thomas, IGIDR Bombay
Jayanth Varma, IIM Ahmedabad

15^th 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 Administration 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^th 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

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