2012

VI Luso-Brazilian Finance Meeting - Coimbra

March 23-25, 2012

Venue of the Meeting: Hotel Quinta das Lágrimas

Nature, charm, history, elegance, experiences.... this is the essence of Quinta das Lágrimas (Estate of Tears), a hotel with soul and character, a retreat of comfort that honors Portugal's rich traditions of hospitality and gastronomy. For centuries a private sanctuary that welcomed Kings and Emperors, the Quinta das Lágrimas Palace is now open to all those that appreciate the art of fine living… and to those that want to discover the love legend of Prince Pedro and Inês de Castro. 

The Organizing Committee:

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

Ana Paula Serra (Universidade do Porto): 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

 

6:00 – 6:15 pm:  Bank size and lending specialization

Qingley Dai

6:15 – 6:30 pm: Are Investors Committees in Private Equity and Venture Capital a Good Idea? Evidence from Brazil

Antonio Gledson de Carvalho

6:30 – 6:45 pm: The Impact of IFRS Adoption on Stock Price Informativeness

Gilberto Loureiro

6:45 – 7:00 pm: Conflicts between Congress and Regulatory Agencies: Explaining how firms respond to new corporate laws

Walter Novaes

7:00 – 7:15 pm: Anticipatory Effects in the FTSE 100 Index Revisions

João Mergulhão

7:15 – 7:30 pm: Real Estate Market Risk in Bank Stock Returns

Ana Paula Serra

7:30 – 7:45 pm: Evaluating the Existence of Structural Change in the Brazilian Term Structure of Interest: Evidence Based On Cointegration Models With Structural Break

Pedro Luiz Valls Pereira

7:45 – 8:00 pm: How often option markets misbehave? The Monotonicity Property of Option Prices with Changing Volatility

Claudia Ribeiro

8:00 – 8:15 pm: Permanent-Transitory Decomposition of Asset Prices under Present Value Models

João Victor Issler

 

Saturday Morning

 

8:30-9:45 am: The Effect of Internal Capital Markets on Corporate Investment: Evidence from the Asian Financial Crisis 

Heitor Almeida

Discussants: Antonio Gledson de Carvalho; Miguel Ferreira

 

9:45-10:05 am: Coffee Break

 

10:05-11:20 am: The Market for CEOs: Compensation, Turnover, and Mobility

Daniel Ferreira

Discussants: Marco Bonomo; Gilberto Loureiro

 

11:20 am-12:35 pm: Endogenous Credit Ratings

José Jorge

Discussant: Walter Novaes; Qinglei Dai

 

Saturday Afternoon

 

5:30-6:45 pm: Does Institutional Ownership Matter for International Stock Return Comovement?

José Faias

Discussant: Gabriela Bertol Domingues; Ana Paula Serra

 

6:45-8:00 pm: Forecasting the Cross-Sectional Variation in Stock Returns

Marcelo Medeiros

Discussants: João Victor Issler; Pedro Santa Clara

 

Sunday Morning

 

8:30-9:45 am: Consuming Durable Goods when Stock Markets Jump: A Strategic Asset Allocation Approach

Nuno Silva e João Amaro de Matos

Discussants: Pedro Valls Perreira; José Faias

 

9:45-10:05 am: Coffee Break

 

10:05-11:20 am: Mercados Futuro e à Vista de Câmbio no Brasil: O Rabo Abana o Cachorro

Marcio Garcia

Discusssants: Marcelo Fernandes; José Jorge

 

11:20 am-12:35 pm: An Empirical Analysis of Alternative Lending Markets: Short Selling, Market Surveillance, and Price Discovery

Melissa Prado

Discussants: João Mergulhão; Joni Kokkonen