III Luso-Brazilian Finance Meeting – Rio de Janeiro

March 20-22, 2009

Venue of the Meeting: Everest Rio Hotel 

O Everest Rio Hotel oferece acomodações confortáveis a poucos passos da praia. A piscina e o bar, no último piso do hotel, oferecem vistas sobre as praias de Ipanema e do Leblon. O principal restaurante do hotel dispõe de um terraço e serve pratos de cozinhas internacionais, e ainda dispõe de um restaurante japonês. O Everest Rio Hotel está a apenas 4 km de atrações turísticas como o Cristo Redentor e a 2,5 km do Jardin Botânico do Rio de Janeiro.

The Organizing Committee:

João Amaro de Matos (Nova SBE): This email address is being protected from spambots. You need JavaScript enabled to view it.

José Filipe Correia Guedes (Catolica Lisbon): This email address is being protected from spambots. You need JavaScript enabled to view it.

Marco Bonomo (INSPER): This email address is being protected from spambots. You need JavaScript enabled to view it.

Walter Novaes (PUC-Rio): This email address is being protected from spambots. You need JavaScript enabled to view it.

Program

Friday Evening (6:30-7:30 pm)

Ana Lacerda, “Banks’ Corporate Control and Relationship Lending: Evidence from Small Loans”

Ana Marques, “The Impact of Corporate Governance on the Disclosure of Manager-Adjusted Non-GAAP Earnings”

Ana Paula Serra, “Corporate Governance Ratings in Europe: The Role of Country and Industry Factors”

André Castro Silva, “Individual and Aggregate Money Demands: Theory and an Application to the Welfare Cost of Inflation”

Cláudia Ribeiro, “Some stylized facts in electricity markets: a European comparison”

Francesco Franco, “The evolution of the U.S. Financial Sector”

Qingley Dai, “The number of bank relationships, borrowing costs and bank competition”

 

Saturday Morning

8:30-9:45 am: Balance Sheet Effects in Currency Crises: Evidence from Brazil

Marcio Garcia

Discussants: Francesco Franco and Ricardo Brito

9:45-10:00 am: Coffee Break

10:00-11:20 am: The Determinants of the Method of Payment in Mergers

Alberta Di Giuli

Discussants: José Filipe Corrêa Guedes and Ricardo Leal

11:20 am-12:35 pm: Disappointment aversion, long-run risks and aggregate asset prices

Marco Bonomo

Discussants: Miguel Ferreira and Alexandre Lowenkron

Saturday Afternoon

 

5:15-6:30 pm: Assessing Misspecified Asset Pricing Models with Empirical Likelihood Estimators

Caio Almeida

Discussants: André Castro Silva / Marcelo Maia

6:30-6:45 pm: Coffee Break

6:45-8:00 pm: Explaining the Accruals Anomaly: Evidence from Insider Trades

Julia Sawicki

Discussants: Qingley Dai and Walter Ness

Sunday Morning

8:30-9:45 am: The Pay Divide: (Why) Are U.S. Top Executives Paid More?

Pedro Matos, Miguel Ferreira, Nuno Fernandes and Kevin Murphy

Discussants: Ana Marques and Jairo Procianoy

9:45-10:05 am: Coffee Break

10:05-11:20 am: The Dynamics of Earnings Management in IPOs and the Role of Venture Capital

Antonio Gledson de Carvalho

Discussants: Alberta Di Giuli and André Carvalhal

11:20-12:35 am: Trade Credit Linkages along a Supply Chain: Evidence for the Italian Textile sector

José Filipe Corrêa Guedes

Discussants: Ana Paula Serra and João Manoel Mello

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