14th Annual Drexel Corporate Governance Conference

In collaboration with ECGI

14th Annual Drexel Corporate Governance Conference

  • 15 - 16 April 2021
  • Online

 

Thursday, 15 April 2021 | 12:00 - 14:20 EDT (18:00 - 20:20 CEST) 

Friday, 16 April 2021 | 12:00 - 14:00 EDT (18:00 - 20:00 CEST)

 

Organised by

Michelle Lowry (Drexel University and ECGI)

 

Supported by

 

Download the programme

 

ABOUT THIS EVENT

Since 2008, the Annual Corporate Governance Conference at Drexel University, hosted by the Gupta Governance Institute, has highlighted top academic research. The research is accepted for the conference when it is in its early stages and much of it is subsequently published in the most highly regarded research journals. Within a decade, the conference has had 84% of presented papers subsequently published (64% in top 3 journals) and it has become a key event of the finance research calendar.

The conference features theoretical and empirical research related to corporate governance. It includes, but is not restricted to, topics such as Boards of Directors, compensation, shareholder activism, mergers, debt as a form of governance, ESG-related issues, political influences on governance, and more. The programme committee, which includes a number of ECGI Research Members, comprises: Renee Adams; Jeffrey Coles; Diane Del Guerico; David Denis; Diane Denis; Laura Field; Nick Gantchev; Todd Gormley; Tom Griffin; Jarrad Harford; Peter Iliev; Wei Jiang; Dalida Kadyrzanova; Jonathan Karpoff; Nadya Malenko; Kevin Murphy; Lalitha Naveen; Micah Officer; Gordon Phillips; Anil Shivdasani; Anh Tran; Michael S. Weisbach; Jared Wilson; Tracie Woidtke; Yuhai Xuan; Ke Yang; and David L. Yermack.

The conference is organised by Michelle Lowry, TD Bank Endowed Professor of Finance, Academic Director of the Gupta Governance Institute, Associate Editor of the Journal of Financial Economics, and ECGI Research Member. ECGI is honoured to be associated with this event in 2021.

Wharton Research Data Services generously provides sponsorship for the conference, including offering a $1,000 best paper prize which will be voted on during the conference.

Registration

To register for this event, please visit: https://bit.ly/2PnWQJC

Thursday April 15th, 2021 | 12:00 EDT (18:00 CET)

12:50
- 13:20

New Ideas Session

Outsourcing Mutual Fund Management and Voting Decisions

Speakers:
Back to full programme

Outsourcing Mutual Fund Management and Voting Decisions

Time:
18:46h

Authors: Simi Kedia (presenting author) and Xianjue Wang

 

Speakers

A Theory of Capital Structure with EPS-fixated Investors

Speakers:
Itzhak Ben-David
Back to full programme

A Theory of Capital Structure with EPS-fixated Investors

Time:
18:46h

Authors: Itzhak Ben-David (presenting author), Stacey Jacobsen, Jack Liebersohn, and Tzachi Zach

Speakers

Itzhak Ben-David
13:20

Break

Back to full programme

CEO Activism and Firm Value

Time:
13:30h
- 14:20h

Authors: Anahit Mkrtchyan, Jason Sandvik, and Vivi Zhu

Speakers

Discussants

Conference Documents

14:20

Paper Conclusion (Optional Break-out Rooms with Authors)

Friday April 16th, 2021 | 12:00 EDT (18:00 CET)

Back to full programme

Board Dynamics over the Startup Life Cycle

Time:
12:00h
- 12:50h

Authors: Michael Ewens and Nadya Malenko

Speakers

Discussants

Conference Documents

12:50

Break

13:00
- 13:50

Does Private Equity Ownership Make Firms Cleaner? The Role of Environmental Liability Risks

Speakers:
Discussant:
Ian Appel
Back to full programme

Does Private Equity Ownership Make Firms Cleaner? The Role of Environmental Liability Risks

Time:
13:00h
- 13:50h

Authors:  Aymeric Bellon

Speakers

Discussants

Ian Appel

Conference Documents

13:50
- 14:00

Closing Remarks and Announcement of Best Paper and Best Discussant

Speakers:
Back to full programme

Closing Remarks and Announcement of Best Paper and Best Discussant

Time:
13:50h
- 14:00h

Paper presentations will be for 20 minutes, followed by a 15-minute discussion and then audience Q&A

Speakers

14:00

Paper Conclusion (Optional Break-out Rooms with Authors)

Speakers

Ian Appel
Fellow Research Member Institutional Member Board Member
Itzhak Ben-David

Presentations

Back to all presentations

Welcome and Introductions

Time:
12:00h
- 12:05h

Speakers

Fellow Research Member Institutional Member Board Member

Outsourcing Mutual Fund Management and Voting Decisions

Back to all presentations

Outsourcing Mutual Fund Management and Voting Decisions

Time:
18:46h

Authors: Simi Kedia (presenting author) and Xianjue Wang

 

Speakers

A Theory of Capital Structure with EPS-fixated Investors

Professor
Itzhak Ben-David
Back to all presentations

A Theory of Capital Structure with EPS-fixated Investors

Time:
18:46h

Authors: Itzhak Ben-David (presenting author), Stacey Jacobsen, Jack Liebersohn, and Tzachi Zach

Speakers

Itzhak Ben-David
Back to all presentations

CEO Activism and Firm Value

Time:
13:30h
- 14:20h

Authors: Anahit Mkrtchyan, Jason Sandvik, and Vivi Zhu

Speakers

Discussants

Conference Documents

Back to all presentations

Board Dynamics over the Startup Life Cycle

Time:
12:00h
- 12:50h

Authors: Michael Ewens and Nadya Malenko

Speakers

Discussants

Conference Documents

Does Private Equity Ownership Make Firms Cleaner? The Role of Environmental Liability Risks

Back to all presentations

Does Private Equity Ownership Make Firms Cleaner? The Role of Environmental Liability Risks

Time:
13:00h
- 13:50h

Authors:  Aymeric Bellon

Speakers

Discussants

Ian Appel

Conference Documents

Back to all presentations

Closing Remarks and Announcement of Best Paper and Best Discussant

Time:
13:50h
- 14:00h

Paper presentations will be for 20 minutes, followed by a 15-minute discussion and then audience Q&A

Speakers