Announcement and Call for Papers
Corporations and Covid-19
A European Corporate Governance Institute (ECGI) Project
in collaboration with
The University of Oxford, Saïd Business School
Review of Corporate Finance Studies (RCFS)
The Review of Financial Studies (RFS),
Norges Bank Investment Management
Online Workshop | 11 June 2021
Conference | University of Oxford | 2 June 2022
Submission deadline (for the online workshop): 9 April 2021
The Covid-19 pandemic is an unprecedented shock that has required unique responses from many corporations. Understanding how they have responded is of first-order importance for the fields of corporate governance, corporate finance and stewardship. While some insights begin to emerge, others will take time and depend on more complete data sets to become available, such as financial statements and governance records for 2020.
Such data typically comes from annual reports and proxy statements. US companies with a December 31 fiscal year hold their annual meetings in the spring. They typically file their annual reports by the end of March, but in 2019, some 30 percent of the 7,000 reports were filed in April and later. While firms also publish quarterly data, most release comprehensive annual data only 90 days after their fiscal year end, so the earliest date that a large sample of data on US firms will be available is April 2021. These dates may be similar or even later for firms in other countries.
To provide a forum for scholars analysing corporate responses to the pandemic that are informed by comprehensive datasets, The European Corporate Governance Institute (ECGI), in collaboration with the University of Oxford, the Review of Corporate Finance Studies (RCFS) and the Review of Financial Studies (RFS), is organising an online workshop in 2021 and subsequent physical conference in 2022 on ‘Corporations and Covid-19’. The two events are part of a wider ECGI project funded by Norges Bank Investment Management.
The organisers are calling for submissions to the online workshop in the first instance. To allow participants to present their ideas even if they do not yet have the data to explore them, the online workshop will consider submissions of both paper proposals and fully developed papers. Theoretical and empirical papers / paper proposals are welcome. Paper proposals should outline the questions, the methodology, the model framework (in the case of theory work) or the data (in the case of empirical work) with as much detail as possible on the research design and analyses.
The physical conference will only consider submissions of fully developed papers, including, but not limited to, papers developed from proposals presented at the workshop (a separate call for papers will issue in the summer of 2021).
Participation in the online workshop is not a requirement for participation in the physical conference and does not guarantee participation in the physical conference.
Dual Submission Policy (Journals)
In the submission to both the online workshop and physical conference, authors of fully developed papers should indicate if they wish their paper to be considered (at no extra fee) for publication by the RFS and/or RCFS under the Dual Submission Programme. This is a “no-fault” submission option: if the RFS or RCFS reviews the paper and rejects it, the authors may submit it to the same journal (or any other SFS journal) at a later date as if it was never submitted. For a paper to be considered under the dual submission option, it should not be under review at or under invited revision from any journal, including the RFS or RCFS until the author has been notified of the outcome of the dual submission process. The details of the dual submission programme may be found at:
Note that this is the first time a dual-submission option is offered for these two journals at the same conference. Hence, a clarification is in order. If authors choose the dual submission option for both journals, their paper will be considered separately by the editorial teams of these journals. If the paper is selected to proceed in the process in both journals, the authors will be able to choose which of the journals they wish to proceed with.
The RCFS will also consider dual submissions of paper proposals submitted to the online workshop. The RCFS Editorial Board will review such proposals, and the fully developed papers that will result from such proposals will be considered for publication in the RCFS.
Papers and paper proposals for the online workshop should be submitted by 9 April 2021 by clicking here. We aim to announce the final programme by mid-May 2021.
Renée Adams (Chair), University of Oxford and ECGI
Marco Becht, Solvay Brussels School, Université libre de Bruxelles and ECGI
Andrew Ellul, Indiana University and ECGI (Sponsoring Editor, Review of Corporate Finance Studies)
Itay Goldstein, Wharton School (Sponsoring Editor, Review of Financial Studies)
Jiri Knesl, University of Oxford
Holger Mueller, New York University and ECGI (Sponsoring Editor, Review of Financial Studies)
Paola Sapienza, Northwestern University and ECGI
Bo Becker, Stockholm School of Economics and ECGI
Alon Brav, Duke University and ECGI
Claire Celerier, University of Toronto
Rudy Fahlenbrach, EPFL - Ecole Polytechnique Fédérale de Lausanne and ECGI
Lily Fang, Insead
Daniel Ferreira, London School of Economics and ECGI
Ron Gianmmarino, University of British Columbia, Sauder School of Business
Mariassunta Giannetti, Stockholm School of Economics and ECGI
Mireia Giné, IESE Business School – University of Navarra and ECGI
Rainer Haselmann, Goethe University
Bige Kahraman, University of Oxford
Matti Keloharju, Aalto University
Theresa Kuchler, NYU Stern
Mark Leary, Washington University in St. Louis
Nadya Malenko, University of Michigan and ECGI
Adair Morse, University of California, Berkeley
Kasper Nielsen, Copenhagen Business School
Charlotte Østergaard, BI Norwegian Business School and ECGI
Paige Ouimet, University of North Carolina
Yihui Pan, University of Utah
Giorgia Piacentino, Columbia Business School
Markus Schmid, University of St Gallen
Nicolas Serrano Velarde, Bocconi University
Kelly Shue, Yale University
Boris Vallee, Harvard Business School
Yongxiang Wang, Shenzhen Finance Institute
Yupana Wiwattanakantang, National University of Singapore (NUS) and ECGI
Yishay Yafeh, The Hebrew University of Jerusalem and ECGI
Tracy Yue Wang, University of Minnesota
Programme queries: Renee.Adams@sbs.ox.ac.uk
Administrative queries: firstname.lastname@example.org
The ECGI is global research network and international scientific non-profit association providing a forum for debate and dialogue between academics, legislators and practitioners, focusing on major corporate governance issues.
About Norges Bank Investment Management:
Norges Bank Investment Management (NBIM) is the asset management unit of the Norwegian central bank (Norges Bank), managing the Government Pension Fund Global.
NBIM is an institutional member of ECGI.