26th Australasian Finance and Banking Conference

The 26th Australasian Finance and Banking Conference was held 17 – 19 December 2013 at the Shangri-la Hotel, Sydney. The PhD Forum was held 16 December 2013 at the Shangri-la Hotel, Sydney.

Prize Winners

BlackRock Prize

Complex Securities and Underwriter Reputation: Do Reputable Underwriters Produce Better Securities?

  • John Griffin, University of Texas, Austin
  • Richard Lowery, University of Texas, Austin
  • Alessio Saretto, University of Texas, Dallas

ASX Prize

The Value of Implicit Guarantees
  • Zoe Tsesmelidakis, University of Oxford
  • Robert Merton, MIT Sloan School of Management

Zephyr Prize

Does Risk Management Work?
  • Gavin Cassar, INSEAD
  • Joseph Gerakos, University of Chicago
Monitoring, Contractual Incentive Pay, and the Structure of CEO Equity-Based Compensation
  • Fan Yu, University of Washington

BankScope Prize

Excess Control Rights, Financial Crisis and Bank Profitability and Risk

  • Amine Tarazi, Universite de Limoges
  • Nadia Zedek, Universite de Limoges

Banks’ Equity Stakes and Lending: Evidence from a Tax Reform

  • Bastian von Beschwitz, INSEAD
  • Daniel Foos, Deutsche Bundesbank

Sirca Prize

Liquidity Provision in Limit Order Book Markets

  • Talis Putnins, University of Technology, Sydney
  • David Michayluk, University of Technology, Sydney

CFA Institute Research Award 2013

Overcoming the Liability of Foreignness: Pre-IPO Investors from the Host Country and Foreign IPO Performance

  • Ning Jia, Tsinghua University

PhD Forum Prize Winners

PhD Forum – 3rd Prize

Bribes and Firm Value - Evidence from Anti-Bribery Regulation

  • Stefan Zeume, INSEAD

PhD Forum – 2nd Prize

A Market-Based Funding Liquidity Measure and Seeing the Unobservable from the Invisible: The Role of CO2 in Measuring Consumption Risk

  • Zhuo Chen, Northwestern University
  • Andrea Lu, Northwestern University

PhD Forum – 1st Prize

Soft Information in the Subprime Mortgage Market

  • Kanis Saengchote, Northwestern University

Keynote Speakers

  • Hendrik Bessembinder, University of Utah - Market Rules
  • Ekkehart Boehmer, EDHEC - High Frequency Trading
  • Robert Engle, NYU - The Latest Developments in Global System Risk
  • Deborah Lucas, MIT - Evaluating the Cost of Government Credit Support: The OECD Context
  • Richard Roll, UCLA - A Protocol for Factor Identification
  • Avanidhar Subrahmanyam, UCLA - Financial Market Shocks and the Macroeconomy

Selection Committee

The Chairman of the Selection Committee is Fariborz Moshirian from UNSW.

Members of the Selection Committee included:

  • Renee Adams, University of New South Wales
  • Allen Berger, University of South Carolina
  • Michael Brennan, University of California LA
  • Stijn Claessens, International Monetary Fund
  • J. David Cummins, Temple University
  • Asli Demirguc, Kunt World Bank
  • Douglas Diamond, University of Chicago
  • Jin-Chuan Duan, National University of Singapore
  • Robert Faff, University of Queensland
  • Joseph Fan, Chinese University of Hong Kong
  • Mark Flannery, University of Florida
  • Kenneth French, Dartmouth University
  • Bruce Grundy, University of Melbourne
  • Robert Jarrow, Cornell University
  • Kose John, New York University
  • Steven Kaplan, University of Chicago
  • Andrew Karolyi, Cornell University
  • Larry H. P. Lang, Chinese University of Hong Kong
  • Florencio Lopez De Silanes, EDHEC Business School
  • Ronald Masulis, University of New South Wales
  • Vikram Nanda, Rutgers University
  • Maureen O'Hara, Cornell University
  • Terrance Odean, University of California, Berkeley
  • Jay Ritter, University of Florida
  • Richard Roll, UCLA
  • Anthony Saunders, New York University
  • Henri Servaes, London Business School
  • Andrei Shleifer, Harvard University
  • Tom Smith, University of Queensland
  • Bruno Solnik, HEC School of Management
  • Rene Stulz, Ohio State University
  • Avanidhar Subrahmanyam, UCLA
  • Chu Zhang, Hong Kong University of Science and Technology

All submitted papers undergo a peer review process before being accepted for presentation at the AFBC. Full papers undergo a blind review process by a selection committee independent of the author. Conference proceedings are via SSRN.

Further enquiries

For any further information or questions please email us at bankconf@unsw.edu.au.