Corporate Finance.(Program and Working Group Meeting)
Publication Date: 22-DEC-06
Publication Title: NBER Reporter
Format: Online

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Description

The NBER's Program on Corporate Finance met in Cambridge on November 10. NBER Research Associate Andrei Shleifer of Harvard University organized the meeting. These papers were discussed:

Camelia M. Kuhnen, Northwestern University, and Jeffrey Zwiebel, Stanford University, "Executive Pay, Hidden Compensation, and Managerial Entrenchment"

Discussant: Xavier Gabaix, MIT and NBER

Jin Xu, University of Chicago, "What Determines Capital Structure? Evidence from Import Competition"

Discussant: Michael Weisbach, University of Illinois and NBER

Bart Lambrecht, University of Lancaster, and Stewart C. Myers, NBER and MIT, "Debt and Managerial Rents in a Real-Options Model of the Firm"

Discussant: Douglas W. Diamond, University of Chicago and NBER

Douglas Baird, University of Chicago; Arturo Bris, Yale University; and Ning Zhu, University of California, Davis, "The Dynamics of Large and Small Chapter 11 Cases: An Empirical Study" Discussant: Michelle J. White, University of California, San Diego and NBER

Nicola Gennaioli, Stockholm University, and Stefano Rossi, Stockholm School of Economics, "Optimal Resolutions of Financial Distress by Contract"

Discussant: Kenneth Ayotte, Columbia University

Simeon Djankov and Caralee McLiesh, World Bank, and Oliver D. Hart and Andrei Shleifer, Harvard University...



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