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Sponsored by:
 
 
NINTH ANNUAL NYU/PENN CONFERENCE ON LAW & FINANCE
 Date:
 February 8th and 9th, 2013
 
 Location:
 New York University
 Stern School of Business
 Kaufman Management Center, Room 1-100
 44 West Fourth Street
 New York, NY 10012
 
 Directions to Stern:
 Click here.
 
 Organizers:
 William Allen, New York University
 Yakov Amihud, New York University
 Jill Fisch, University of Pennsylvania
 Itay Goldstein, University of Pennsylvania
 
 Registration:  
 This event is by invitation.  For more information email hjenning@stern.nyu.edu.
 
 Program:
 
Friday, February 8, 2013
 9:30am 
 Registration and Breakfast
 
 10:00am
 Welcoming Remarks
 
 10:15 - 11:15am
 Competition for Managers, Corporate Governance and Incentive Compensation (Final Version for Conference)
 Viral Acharya, New York University Stern School of Business, CEPR, NBER
 Marc Gabarro, Erasmus University
 Paolo Volpin, LBS, CEBR
 Commentator: James Spindler, The University of Texas at Austin School of Law
 Moderator:  William T. Allen, New York University School of Law and Stern School of Business
 
 15 minute break
 
 11:30 - 12:30am
 Concentrated Ownership Revisited: Idiosyncratic Value and Agency Costs (Final Version for Conference)
 Zohar Goshen, Columbia Law School
 Assaf Hamdani, Hebrew University of Jerusalem
 Commentator: Alex Edmans, The Wharton School of the University of Pennsylvania
 Moderator: Itay Goldstein, The Wharton School of the University of Pennsylvania
 
 12:30 - 1:30pm
 Lunch
 
 1:30 - 2:30pm
 Executive Compensation and Corporate Governance in the US: Perception, Facts and Challenges (Final Version for Conference)
 Steven N. Kaplan, The University of Chicago Booth School of Business
 Commentator: Holger Spamann, Harvard Law School
 Moderator:  Bill Bratton, University of Pennsylvania Law School
 
 2:30 - 3:30pm
 How Do Retail Investors Choose Funds? An Experiment (Final Version for Conference)
 Jill Fisch, University of Pennsylvania Law School
 Tess Wilkinson-Ryan, University of Pennsylvania Law School
 Commentator: Wei Jiang, Columbia Business School
 Moderator:  Geoffrey Miller, New York University School of Law
 
 15 minute break
 
 3:45 - 4:45pm
 The Disciplinary Effects of Proxy Contests (Final Version for Conference)
 Vyacheslav Fos, College of Business, University of Illinois at Urbana-Champaign
 Commentator: Robert Thompson, Georgetown University Law Center
 Moderator: Marcel Kahan, New York University School of Law
 
 5:00 - 6:00pm Cocktails
 6:00 - 8:00pm - Event Dinner
 
 Saturday February 9, 2013
 8:30am Registration and Breakfast
 
 9:00 - 10:00am
 Secured Credit Externalities (Final Version for Conference)
 Barry Adler, NYU School of Law
 Vedran Capkun, HEC Paris
 Commentator: Mark Jenkins, The Wharton School of the University of Pennsylvania
 Moderator:  Ryan Bubb, New York University School of Law
 
 10:00 - 11:00am
 Soft Shareholder Activism (Final Version for Conference)
 Doron Levit, The Wharton School of the University of Pennsylvania 
 Commentator: Frank Partnoy, University of San Diego School of Law
 Moderator:  Michael L. Wachter, University of Pennsylvania Law School
 
 15 minute break
 
 11:15 - 12:15pm
 Virtual Ownership and Managerial Distance: The Governance of Industrial Foundations (Final Version for Conference)
 Henry Hansmann, Yale Law School
 Steen Thomsen, Copenhagen Business School
 Commentator: Yaniv Grinstein, Cornell University, Johnson Graduate School of Management
 Moderator:  Yakov Amihud, New York University Stern School of Business
 
 12:15 - 1:30pm 
 Lunch