The Role of Financial Institutions in Corporate Governance
Organized by The Wharton Financial Institutions Center, Amsterdam Center for Research in International Finance (CIFRA) and sponsored in part by the Millstein Center for Corporate Governance and Performance (MCCGP) at the Yale School of Management
Date: April 3-5, 2008
Location: Erice, Sicily, Italy
Program (as of March 6, 2008)
Thursday, April 3
1900 Opening Reception and Dinner
Friday April 4
930 –1200 Overview of Corporate Governance Regimes
The Political Economy of Finance
Stephen Haber
Stanford University
Enrico Perotti*
University of Amsterdam
Discussants: Thorsten Beck, World Bank, Luigi Guiso, EUI, Paola Sapienza, Northwestern
Sicilian Lunch
1400 Stakeholders and Governance
Corporate Governance Regimes, Investments in Human Capital and Economic Growth
Marc Goergen*
University of Sheffield Management School and ECGI
Chris Brewster
University of Reading
Geoffrey Wood
University of Sheffield Management School
Stakeholder Capitalism, Corporate Governance and Firm Value
Franklin Allen*
University of Pennsylvania
Elena Carletti
Center for Financial Studies
Robert Marquez
Arizona State University
Discussants: Peter Gourevitch, UCSD, Eugene Kandel, Hebrew University, Kenichi Ueda, International Monetary Fund
1630 –1800 PhD paper session
Short presentations from selected ECGTN PhD students and PostDocs
How to Make Banks Reveal Their Risk: The Case of Basel II
Michal Kowalik
University of Mannheim and ECGTM
Predatory Information Sales
Samuel Lee
Stockholm School of Economics & SITE
Creditor Concentration: An Empirical Investigation
Steven Ongena
CentER – Tilburg University and CEPR
Gunseli Tumer-Alkan*
Center for Financial Studies and Tilburg University
Natalja v. Westernhagen
Deutsche Bundesbank
Importance of Effective Regulation and Supervision for Banks’ Corporate Governance: European Integration Context
Maria-Cristina Ungureanu
University of Genoa and ECGTN
Political Allocation of Finance
Enrico Perotti*
University of Amsterdam and CEPR
Marcel Vorage
University of Amsterdam and IDEI Toulouse
Sicilian Dinner
Saturday April 5
930 - 1130 Governance and Banks
Banks and Labor as Stakeholders: Impact on Economic Performance
Stijn Claessens*
International Monetary Fund, University of Amsterdam, CEPR and ECGI
Kenichi Ueda
International Monetary Fund
Corporate Governance, Regulation, and Bank Risk Taking
Luc Laeven*
International Monetary Fund, CEPR and ECGI
Ross Levine
Brown University and NBER
Discussants: Francesca Cornelli, LBS, Giovanni Dell’Ariccia, IMF, Paolo Fulghieri, UNC Chapel Hill
*Presenter