9th Mitsui Life Symposium on Global Financial Markets: Microanalysis and Emerging Markets

 University of Michigan Business School
Ann Arbor, Michigan
June 11 & 12, 2004

Program

 

Corporate Governance and Taxation
Mihir A. Desai (Harvard University and NBER), Alexander Dyck (Harvard University), Luigi Zingales (University of Chicago, NBER, and CEPR)
Discussant: Joel Slemrod (University of Michigan & NBER)

Do Firms Want to Borrow More? Testing Credit Constraints Using a Directed Lending Program

Abhijit Banerjee (MIT & NBER) and Esther Duflo (MIT & NBER)

Discussant: Nandini Gupta (Indiana University)

 

Cross Border Mergers and Acquisitions in Emerging Markets: The Stock Market Valuation of Corporate Control

Anusha Chari (University of Michigan), Paige Parker Ouimet (University of Michigan), and Linda Tesar (University of Michigan and NBER)

Discussant: Atif Mian (University of Chicago)

 

Shelters from the Storm: The Benefits of Multinationals during Currency Crises

Mihir A. Desai (Harvard University and NBER), Fritz Foley (University of Michigan), and Kristin Forbes (MIT and NBER)
Discussant: Yiorgos Allayannis (University of Virginia)

 

Is the Invisible Hand Discerning or Indiscriminate? Investment and Stock Prices in the Aftermath of Capital Account Liberalizations

Anusha Chari (University of Michigan) and Peter Blair Henry (Stanford University and NBER)

Discussant: Chang-Tai Hsieh (UC Berkeley & NBER)

 

Mixing Family with Business: A Study of Thai Business Families

Marianne Bertrand (University of Chicago & NBER), Simon Johnson (MIT & NBER), Krislert Samphantharak (UC San Diego), and Antoinette Schoar (MIT & NBER)

Discussant: Francisco Perez-Gonzalez (Columbia University)

 

Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment

Robin Burgess (London School of Economics) and Rohini Pande (Yale University)

Discussant: Paola Sapienza (Northwestern University)

 

Political Connections and Government Bailouts

Mara Faccio (Vanderbilt University), Ron Masulis (Vanderbilt University), and John McConnell (Purdue University)

Discussant: Art Durnev (University of Miami)