October 7-8, 2011


Friday, October 7th ROOM 1-105, 1st FLOOR, Hanson Hall

Moderator - Frank Gigler

12:00 - 12:45

Shuttle from Aloft Hotel to Hanson Hall

1:00 p.m. Welcome
1:05 - 2:25 p.m.

Philip Bond, University of Minnesota - "Investment Banking Careers: An Equilibrium Theory of Overpaid Jobs", co-author Ulf Axelson (London School of Economics and SIFR)

2:45 - 4:05 p.m.

Raghu Venogopalan, University of Illinois - "Debt Covenants and the Incentive for Asset Substitution", co-authors Tong Lu (University of Houston), and Haresh Sapra (University of Chicago)

4:25 - 5:45 p.m. Ivan Marinovic, Stanford University - "Disclosure of Hard Versus Soft Information", co-author Jeremy Bertomeu (Baruch College)
5:45 - 6:15 p.m.

Shuttle to the Aloft Hotel from Hanson Hall

Visiting guests will walk from Aloft Hotel to Sea Change Restaurant in the Guthrie
Check out the Guthrie:

806 South 2nd Street
Minneapolis, MN 55415

(Please remember to wear your name badge to dinner)

6:30 - 7:30 p.m. Reception
7:30 - 9:30 p.m. Dinner


Saturday, October 8th, ROOM 1-105, 1st FLOOR, Hanson Hall

Moderator - Frank Gigler

8:30 - 9:30 a.m.

Shuttle from Aloft Hotel to Hanson Hall

8:00 a.m. to 9:00 a.m. Breakfast will be available at the Aloft Hotel
9:40 a.m. - 11:00 a.m.

Thomas Hemmer, Rice University - "Optimal Pay-Performance-Sensitivity in the Presence of Exogenous Risk" (will not be linked but paper copies available at the conference)

11:15 a.m. - 12:35 a.m. Hans Frimor, Aarhus University - "Options in Compensation, Promises and Pitfalls", co-authors Christian Riis Flor (University of Southern Denmark) and Claus Munk (Aarhus University)
12:45 p.m.

Box Lunch


A taxi sign-up sheet will be available for you during the conference. Deb will call and make the arrangements for you or you can call Airport Taxi at (952) 928-0000. Ask them to pick you up at 1924-4th Avenue South at the Hanson Hall.


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