The conference will feature keynote speech by Professor Geert Bekaert from Columbia University Business School. It will also include Prof. Josef Zechner from Vienna University of Economics and Business, Prof. David McLean from Georgetown University, Prof. Aleh Tsyvinski from Yale University, Prof. Michael Goldstein from Babson College, Prof, Debarshi Nandy from Brandeis University and Prof. Evgeny Lyandres from Tel Aviv University.
Please watch the live streams of 2021 CFRIC: Here
We would also like to introduce you our fun activity #bewithcfric2021. You can easily join in this activity by simply sending us a photo of yours attending the 2021 CFRIC sessions on 27thNov, happy face, big smiles are welcomed. If the photo you submitted meets the requirements, you will get the Certificate of Participation. Students Participation are also welcomed (Students can join by watching the Live Streams here). Photos should be sent via http://bewithcfric2021.mikecrm.com/8aywQmc before 10th Dec, 2021. Alternatively, you can scan the QR code to fill out the form and get your Certificate of Participation.
Time Shanghai CST | 2021 China Finance Review International Conference November 27 (Saturday) China Standard Time | ||
0800-0810 | Wenfeng Wu (Shanghai Jiao Tong University) | ||
0810-0910 | Keynote Speech Emerging Markets in a Globalizing World Speaker: Geert Bekaert (Columbia University Business School) Chair: Jun Tu (Singapore Management University) | ||
0910-0920 | Transition Break (10 min) | ||
Distinguished Scholar Speech A Chair: Qing He (Renmin University of China) | Distinguished Scholar Speech B Chair: Shaun Wang (SUSTech) | ||
0920-1000 | Short Sellers in the Realm of Social Media: Arbitrageurs or Manipulators Speaker: David McLean (Georgetown University) | Dealer behavior and the trading of newly issued corporate bonds Speaker: Michael Goldstein (Babson College) | |
1000-1040 | Economics for Cryptocurrencies
Speaker: Yukun Liu (University of Rochester) | The Going Public Decision and Retail Investors in SPACs vs. IPOs Speaker: Debarshi Nandy (Brandeis University) | |
1040-1050 | Transition Break (10 min) | ||
1050-1250 Presentation | Asset pricing Chair: Nan Li (Shanghai Jiao Tong University) | Corporate finance Chair: Ruo Jia (Peking University) | |
1050-1120 | What Drives Closed-End Fund Discounts? Evidence from COVID-19 Presenter: Liang Ma (University of South Carolina) Discussant: Vigdis Boasson (Central Michigan university) | In Search of a Unicorn Presenter: Felix Zhiyu Feng (University of Washington) Discussant: Shuyan Liu (Shanghai University of Finance and Economics) | |
1120-1150 | Asset Growth Anomaly of Corporate Bonds: A Decomposition Analysis Presenter: Tong Yu (University of Cincinnati) Discussant: Hui Guo (University of Cincinnati) | Ordeal by Innocence in the Big-data Era: Intended Data Breach Disclosure, Unintended Real Activities Manipulation Presenter: Jinyu Liu (University of International Business and Economics) Discussant: Kai Wu (Central University of Finance and Economics) | |
1150-1220 | Feedback, Flow-induced Fire Sales, and Option Returns Presenter: Han Xiao (Pennsylvania State University) Discussant: Yuxi Wang (Shanghai Jiao Tong University) | Foreign Business Exposure, Policy Uncertainty, and Capital Flight from Home: Evidence from China Presenter: Dongxu Li (Xiamen University) Discussant: Jinyu Liu (University of International Business and Economics) | |
1220-1250 | Real-Time Predictability of Mutual Fund Performance Predictors Presenter: Yu Xia (McGill University) Discussant: Ran Chang (shanghai Jiao Tong University) | The Cost of Capital, Adjustment Costs, and Corporate Employment Presenter: Kai Wu (Central University of Finance and Economics) Discussant: Dongxu Li (Xiamen University) | |
1250-1300 | Transition Break (10 min) | ||
1300-1500 Presentation | Asset pricing Chair: Xiangwei Wan (Shanghai Jiao Tong University) | Financial intermediation Chair: Xiao Qin (Shanghai Jiao Tong University) | |
1300-1330 | The impact of investor network and herd behavior on market stability: Social learning, network structure, and heterogeneity Presenter: Xundi Diao (Shanghai Jiao Tong University) Discussant: Junli Yu (Shanghai Jiao Tong University) | Are Two Heads Better than One? Wisdom of the Crowd in Loan Screening Presenter: Xiaoyang Li (Jinan University) Discussant: Zhengyi Zhou (Shanghai University of Finance and Economics) | |
1330-1400 | Third-Party Cookies, Data Sharing and Return Comovement Presenter: Ruichang Lu (Peking University) Discussant: Xundi Diao (Shanghai Jiao Tong University) | Digital Financial Inclusion and Household Vulnerability to Poverty: Evidence from China Presenter: Yichen Guo (Zhongnan University of Economics and Law) Discussant: Lei Ming (Hunan University) | |
1400-1430 | Presidential Economic Approval Rating and the Cross-Section of Stock Returns Presenter: Zilin Chen (Southwestern University of Finance and Economics) Discussant: Xin Liu (Renmin University of China) | The impact of direct financial market participation on retirement income sufficiency in Australia Presenter: Sandra (Xiaobo) Xu (Massey University) Discussant: Ruo Jia (Peking University) | |
1430-1500 | Does Liquidity Management Induce Fragility in Treasury Prices? Evidence from Bond Mutual Funds Presenter: Xin Liu (Renmin University of China) Discussant: Zilin Chen (Southwestern University of Finance and Economics | Regulatory Differences and Shadow Insurance: Cross-border Impact of Insurance Prudential Regulation Presenter: Ruo Jia (Peking University) Discussant: Kun Fan (East China Normal University) | |
1500-1510 | Transition Break (10 min) | ||
Distinguished Scholar Speech C Chair: Youchang Wu (University of Oregon) | Distinguished Scholar Speech D Chair: Songtao Wang (Shanghai Jiao Tong University) | ||
1510-1550 | Disaster Resilience and Asset Prices Speaker: Josef Zechner (WU Vienna University of Economics and Business) | Competition and Product Quality: Fake Trading on Crypto Exchanges Speaker: Evgeny Lyandres (Tel Aviv University) | |
1550-1600 | Transition Break (10 min) | ||
1600-1730 Presentation | Trading and Performance Chair: Wenjian Xu (Shanghai Jiao Tong University) | Cryptocurrency Chair: Ran Chang (Shanghai Jiao Tong University) | |
1600-1630 | How do insider trading incentives shape non-financial disclosures? Evidence from product and business expansion disclosures Presenter: Guanming He (Durham University) Discussant: Ming-Hua Hsieh (National Chengchi University) | An Index of Cryptocurrency Environmental Attention (ICEA) Presenter: Yizhi Wang (Trinity College Dublin) Discussant: Chuanhai Zhang (Zhongnan University of Economics and Law) | |
1630-1700 | Specialist CEO versus Generalist CEO: CEO Type and Firm performance following IPO Presenter: Wei Hua (Nanjing Audit University) Discussant: Guanming He (Durham University) | Cryptocurrency Factor Portfolios: Performance, Decomposition and Pricing Models Presenter: Weihao Han (University of Bath) Discussant: Yizhi Wang (Trinity College Dublin) | |
1700-1730 | Ensemble Algorithms for Option Sell-side Trading Strategies Presenter: Ming-Hua Hsieh (National Chengchi University) Discussant: Wei Hua (Nanjing Audit University) | Futures trading activity and jump risk: Evidence from the Bitcoin market Presenter: Chuanhai Zhang (Zhongnan University of Economics and Law) Discussant: Weihao Han (University of Bath) | |
1730-1800 | Room ID: 991398999 Password: 497292 | ||