NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

SUMMER INSTITUTE 2008

 

Corporate Law and Investor Protection

 

Lucian Bebchuk and Christine Jolls, Organizers

 

Royal Sonesta Hotel

40 Edwin H. Land Boulevard

Cambridge, Massachusetts

 

July 28, 2008

 

PROGRAM

 

This meeting is preceded by the Law and Economics Workshop

 

 

MONDAY, JULY 28

 

 

 8:30 am

Coffee and Pastries

 

 

 9:00 am

The Effects of Corporate Law/Investor Protection Reforms

 

 

 

FENG GAO, University of Rochester

 

JOANNA SHUANG WU, University of Rochester

 

JEROLD ZIMMERMAN, University of Rochester

 

Unintended Consequences of Granting Small Firms Exemptions from Securities Regulation: Evidence from the Sarbanes-Oxley Act

 

 

 

Discussant:  YAEL HOCHBERG, Northwestern University

 

 

 

MARTIJN CREMERS, Yale University

 

ROBERTA ROMANO, Yale University and NBER

 

Institutional Investors and Proxy Voting:  The Impact of the 2003 Mutual Fund Voting Disclosure Regulation

 

 

 

Discussant:  JOHN CORE, University of Pennsylvania

 

 

 10:30 am

Break

 

 

 10:50 am

The Effects of Corporate Law/Investor Protection Reforms (cont.)

 

 

 

FABRIZIO FERRI, Harvard University

 

DAVID MABER, Harvard University

 

Say on Pay Vote and CEO Compensation: Evidence from the UK

 

 

 

Discussant:  LAURA STARKS, University of Texas at Austin

 

 

11:35 am

Corporate Law and Investor Protection In Closely Held Firms

 

 

 

J.C. DAMMANN, University of Texas at Austin

 

MATTHIAS SCHUNDELN, Harvard University

 

The Incorporation Choices of Privately Held Corporations

 

 

 

Discussant:  HENRY HANSMANN, Yale University

 

 

12:10 pm

Lunch

 

 

 1:20 pm

Securities Regulation

 

 

 

M. TODD HENDERSON, University of Chicago

 

ALAN D. JAGOLINZER, Stanford University

 

KARL A.MULLER, Pennsylvania State University

 

Scienter Disclosure

 

 

 

Discussant:  ROBIN GREENWOOD, Harvard University

 

 

 

LUIGI ZINGALES, University of Chicago and NBER

 

The Future of Security Regulation

 

 

 

Discussant:  ANDREW METRICK, Yale University and NBER

 

 

 2:50 pm

Break

 

 

 3:10 pm

Corporate Law and Investor Protection around the World

 

 

 

ENRICO PEROTTI, Amsterdam Business School

 

PAOLO VOLPIN, London Business School

 

Politics, Investor Protection and Competition

 

 

 

Discussant:  ALEXANDER DYCK, University of Toronto

 

 

 

KATE LITVAK, University of Texas at Austin

 

The Correlation between Cross-Listing Premia, US Stock Prices, and Volume of US Trading: A Challenge to Law-Based Theories of Cross-Listing

 

 

 

Discussant:  MICHAEL WEISBACH, University of Illinois and NBER

 

 

 4:40 pm

Adjourn

 

 

 6:00 pm

Clambake, Harvard Faculty Club, 20 Quincy Street, Cambridge, MA