V Luso-Brazilian Finance Meeting - Natal

March 25-27, 2011

 

Venue of the Meeting: Rifóles Praia Hotel and Resort

Rifoles Beach Hotel & Resort is a seaside hotel located at Ponta Negra Beach in Natal. It is close to the main entertainment centers and the Centro de Convenções of the potiguar capital. The hotel has a great pirate ship themed structure, where leisure and comfort will be present at every moment. 

You will have fun and joy with all of your family in our pool complex with a team of entertainers and a charming view to Morro do Careca. You will also be delighted by a dining paradise with fine dishes of regional and international cuisine in our restaurants and savor the best drinks at our bars. All this and many other excellent services performed to impress you. 

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

 

Short Communications

6:00: Mandatory dividend rules: Do they make it harder for firms to finance investment opportunities?

Author: Walter Novaes

 

6:15:  Free Riding in Procurement Design

Author: Klenio Barbosa

 

6:30: The Adverse Selection Component of the Spread of Brazilian Stocks and Corporate Governance 

Author: Gustavo Araújo

 

6:45: Robust Economic Implications of Non-Linear Pricing Kernels

Author: Caio Almeida 

 

7:00: Skewness Measures and Implied Volatility Skew

Author: José Fajardo

 

7:20-7:40 pm: Coffee Break

 

Main Communications

7:15 - 8:30 am: Liquidity and returns of international cross-listed stocks

Ana Paula Serra

Discussants: Ricardo Leal and João Amaro de Matos

 

Saturday Morning

  

8:30-9:45 am: Capital Structure and the Redeployability of Tangible Assets

Murillo Campello

Discussants: Qinglei Dai and Klenio

 

9:45-10:05 am: Coffee Break

10:05-11:20 am: Bank size and lending specialization

Qinglei Dai

Discussants: Marco Bonomo and Gilberto Loureiro

 

11:20 am-12:35 pm: Why Do Some CEOs Work for a One-Dollar Salary?

Gilberto Loureiro

Discussant: Walter Novaes and João Amaro de Matos

 

Saturday Afternoon

 

5:00-6:15pm: A Joint Experimental Analysis of the Dutch Auction

Ricardo Leal

Discussant: Ana Paula Serra and Gustavo Araújo

 

6:15-6:35 pm: Coffee Break

 

6:35-7:50 pm: Stochastic Discount Factor Approach to Asset Pricing Using Panel Data Asymptotics

João Victor Issler

Discussant: Gilberto Loureiro and Caio Almeida

 

Sunday Morning

 

9:00-10:15 am: The Network Centrality of Influential Bankers: new Cap Structure Determinant

João Mergulhão, João Amaro de Matos (LUBRAFIN paper)

Discussants: Pepe and Qinglei Dai

 

10:15-10:35 am: Coffee Break

 

10:35-11:50 am: Economic Cycles and Term Structure: Application to Brazil

Pedro Valls

Discussants: Gilberto Loureiro and Marcelo Medeiros

Running Sneakers | Nike Air Max 270