Pollack Center for Law & Business

NYU/Penn Conference

 

The Eleventh Annual
NYU / PENN CONFERENCE ON LAW AND FINANCE

The 2015 NYU / Penn Conference on Law & Finance was hosted by New York University on February 20th and 21st in New York City.  This series is by invitation.  Please contact us for more information.

Sponsored by
The NYU Pollack Center for Law & Business,
The University of Pennsylvania Institute for Law and Economics,
and The Wharton Financial Institutions Center

Conference Organizers
Stephen Choi, NYU School of Law
Jill Fisch, University of Pennsylvania Law School
Itay Goldstein, The Wharton School of the University of Pennsylvania
David Yermack, NYU Stern School of Business

Friday, February 20, 2015
9:30am to 5:00pm - Conference
5:00pm - Cocktails
6:00pm - Event Dinner

Saturday, February 21, 2015
8:30am to 12:30pm - Conference
12:30pm Lunch

Location
NYU School of Law

EVENT PROGRAM:

Friday 9:15am - 10:00am
Registration and Continental Breakfast

Friday 10:00am - 10:15
Welcoming Remarks
William T. Allen, Founding Director, NYU Pollack Center for Law & Business
Trevor W. Morrison, Dean, NYU School of Law

Friday 10:15 - 11:15am
Todd Gormley - The Wharton School of the University of Pennsylvania
(with Ian Appel - The Wharton School of the University of Pennsylvania
and Donald B. Keim - The Wharton School of the University of Pennsylvania)
Passive Investors, Not Passive Owners
Commentator: Robert Jackson, Columbia Law School
Moderator: David Webber, Boston University School of Law

11:15 - 11:30am
Coffee Break

Friday 11:30am - 12:30pm
Robert Bartlett - University of California Berkeley Law School
Justin McCrary - University of California Berkeley Law School
Dark Trading at the Midpoint: Pricing Rules, Order Flow and Price Discovery
Commentator: Chester Spatt, Carnegie Mellon Tepper School of Business
Moderator: William T. Allen, NYU School of Law

12:30am - 1:30pm
Lunch

Friday 1:30 - 2:30pm
Bryan Kelly - Chicago Booth School of Business
(with Lubos Pastor - University of Chicago Booth School of Business
an
d Pietro Veronesi - University of Chicago Booth School of Business)
The Price of Political Uncertainty: Theory and Evidence from the Option Market
Commentator: Eric Talley, University of California Berkeley School of Law
Moderator: Michael Wachter, University of Pennsylvania Law School

Friday 2:30 - 3:30pm
Stephen Choi - NYU School of Law
Edward Rock - University of Pennsylvania Law School
(with Jill Fisch - University of Pennsylvania Law School
and Marcel Kahan - NYU School of Law)
Does Majority Voting Improve Board Accountability?
Commentator: Wei Jiang, Columbia Business School
Moderator: Michael Klausner, Stanford Law School

3:30 - 3:45pm
Coffee Break

Friday 3:45 - 4:45pm
Alexander Ljungqvist - NYU Stern School of Business
(with Kerry Back - Rice University
and Tao Li - City University of Hong Kong)
Liquidity and Governance
Commentator: Quinn Curtis, University of Virginia Law School
Moderator: Jill Fisch, University of Pennsylvania Law School

-----------------------------------

8:15 - 9:00am
Registration and Continental Breakfast

Saturday 9:00am - 10:00am
Emiliano Catan - NYU School of Law
(with Marcel Kahan - NYU School of Law)
The Law and Finance of Anti-Takeover Statutes
Commentator: Espen Eckbo, Dartmouth College Tuck School of Business
Moderator: William W. Bratton, University of Pennsylvania Law School

 

Saturday 10:00 - 11:00am
Kelly Shue - Chicago Booth School of Business
(with Ing-Haw Cheng - Dartmouth College, Tuck School of Business
and Harrison G. Hong - Princeton University, Department of Economics)
Do Managers Do Good With Other People's Money?
Commentator: Brett McDonnell, University of Minnesota Law School
Moderator: Itay Goldstein, The Wharton School of the University of Pennsylvania

11:00 - 11:15am
Coffee Break

Saturday 11:15am - 12:15pm
Vikramaditya S. Khanna - University of Michigan Law School
(with Dhammika Dharmapala - University of Chicago Law School)
The Costs and Benefits of Mandatory Securities Regulation: Evidence from Market Reactions to the JOBS Act of 2012
Commentator: Craig Lewis, Vanderbilt University Owen School of Business
Moderator: Todd Gormley, The Wharton School of the University of Pennsylvania

12:30pm
Lunch and Closing Remarks