NYU Stern
   


SEVENTH ANNUAL
NYU / PENN CONFERENCE ON LAW AND FINANCE
 

Jointly sponsored by:
the University of Pennsylvania’s Institute for Law and Economics,
Wharton’s Financial Institutions Center,
and New York University’s Pollack Center for Law & Business.
 
2011 NYU Penn Pollack Logo  2011 NYU Penn Penn Logo
Friday, February 25, 2011
9:30 a.m. to 5:00 p.m.

Saturday, February 26, 2011
8:30 a.m. to 2:00 p.m.

Lester Pollack Colloquium Room, Furman Hall
NYU School of Law
245 Sullivan Street, between Washington Square South and West Third Street
Directions to NYU

By invitation only.

For more information, contact Harold Jennings
at hjenning@stern.nyu.edu or 212.998.0565.
 


Conference Organizers:

William T. Allen
NYU Stern School of Business and NYU School of Law
Pollack Center for Law & Business
New York University

Yakov Amihud
Stern School of Business
New York University

Michael Roberts
The Wharton School
University of Pennsylvania

Jill Fisch
Institute for Law & Economics
University of Pennsylvania Law School

Program:

FRIDAY, FEBRUARY 25, 2011

9:30 a.m.
Registration and Breakfast

10:00 a.m
Welcoming Remarks

Dean Richard Revesz
Dean and Lawrence King Professor of Law
New York University School of Law

William T. Allen
Nusbaum Professor of Law & Business
Director, Lester Pollack Center for Law & Business
New York University

10:15 – 11:15 a.m.
William W. Bratton
Professor of Law
University of Pennsylvania Law School

Michael Wachter
William B. Johnson Prof. of Law and Economics
University of Pennsylvania Law School

The Political Economy of Fraud on the Market

Commentator: Chester S. Spatt
Pamela R. and Kenneth B. Dunn Professor of Finance
Carnegie Mellon

Moderator: Jill Fisch
Perry Golkin Professor of Law
University of Pennsylvania Law School

11:15 – 11:30 a.m.
Coffee Break

11:30 a.m. – 12:30 p.m.
Michael Weisbach
Professor and Ralph W. Kurtz Chair in Finance
The Ohio State University

Information Disclosure and Corporate Governance

Commentator: Merritt Fox
Michael E. Patterson Professor of Law
Columbia Law School

Moderator: Michael Wachter
William B. Johnson Prof. of Law and Economics
University of Pennsylvania Law School

12:30 – 1:30 p.m.
Lunch

Dean Peter Blair Henry
Dean Richard R. West Professorship in Business & William R. Berkley Professor of Economics & Business
NYU Stern School of Business

1:30 – 2:30 p.m.
Adam C. Pritchard
Frances and George Skestos Professor of Law
University of Michigan Law School

Does Delaware Entrench Management?

Commentator: Yaniv Grinstein
Professor of Finance
Cornell University

Moderator: Richard E. Kihlstrom
Ervin Miller-Arthur M. Freedman Professor of Finance and Economics
The Wharton School of the University of Pennsylvania

2:30 – 3:30 p.m.
Todd A. Gormley
Professor of Finance
The Wharton School of the University of Pennsylvania

CEO Compensation and Corporate Risk-Taking: Evidence from a Natural Experiment

Commentator: Michal Barzuza
Professor of Law
University of Virginia School of Law

Moderator: Michael Roberts
Professor of Finance
The Wharton School of the University of Pennsylvania

3:30 – 3:45 p.m.
Coffee Break

3:45 – 4:45 p.m.
John C. Coates
John F. Cogan, Jr. Professor of Law and Economics
Harvard Law School

Corporate Governance and Corporate Political Activity: What Effect Will Citizens United Have on Shareholder Wealth?

Commentator: Andrew Metrick
Professor of Finance
Yale School of Management

Moderator: Barry Adler
Bernard Petrie Professor of Law and Business
New York University School of Law

5:00 - 6:00 p.m.
Cocktails
Aurora

6:00 - 8:00 p.m.
Dinner
Aurora
510 Broome Street
New York, NY

SATURDAY, FEBRUARY 26, 2011

8:30 a.m.
Breakfast

9:00 – 10:00 a.m.
Bo Becker
Professor of Business Administration
Harvard Business School

Fiduciary Duties and Equity-­Debtholder Conflicts

Commentator: Henry T. Hu
Allan Shivers Chair in the Law of Banking and Finance
University of Texas School of Law

Moderator: William T. Allen
Nusbaum Professor of Business; Professor of Law; Director
Pollack Center for Law & Business

10:00 – 11:00 a.m.
Ryan Bubb
Professor of Law
New York University School of Law

Securitization and Moral Hazard: Evidence from a Lender Cutoff Rule

Commentator: Vikrant Vig
Professor of Finance
London Business School

Moderator: Kose John
Charles William Gerstenberg Professor of Banking and Finance
NYU Stern School of Business

11:00 – 11:15 a.m.
Coffee Break

11:15 – 12:15 p.m.
Viral V. Acharya
Professor of Finance
NYU Stern School of Business

Competition for Managers, Corporate Governance and Incentive Compensation

Commentator: Alan Schwartz
Sterling Professor of Law
Yale Law School


Moderator: Jennifer Arlen
Norma Z. Paige Professor of Law
New York University School of Law

12:15 – 12:30 p.m.
Closing Remarks

12:30 – 2:00 p.m.
Lunch



Past NYU / Penn Conferences

2013 NYU/Penn Conference on Law and Finance
February 8 - 9, 2013
New York, NY

2012 NYU/Penn Conference on Law and Finance
February 24 - 25, 2012
Philadelphia, PA

2011 NYU/Penn Conference on Law and Finance
February 25 - 26, 2011
New York, NY 

2010 NYU/Penn Conference on Law and Finance
February 26 - 29, 2010
Philadelphia, PA

2009 NYU/Penn Conference on Law and Finance
February 27 - 28, 2009
New York, NY

2008 NYU/Penn Conference on Law and Finance
February 29 - March 1, 2008
Philadelphia, PA

2007 NYU/Penn Conference on Law and Finance
February 23 - 24, 2006
New York, NY

2006 NYU/Penn Conference on Law and Finance
February 24 - 25, 2006
Philadelphia, PA

2005 NYU/Penn Conference on Law and Finance
February 25-26, 2005
New York, NY