ARE YOU CUT OUT FOR AN EXCITING CAREER IN INVESTMENT BANKING & SECURITIES OPERATIONS?

Terry Lee, ACI Singapore
Mona Poomy, Securities & Investment Institute
Paul Hedges, JP Morgan Chase
Yeow Kwang Guan, Mizuho Corporate Bank Ltd Singapore Branch

15:00-16:30,  Hon Sui Sen Memorial Library Auditorium, NUS

Organised by Saw Centre for Financial Studies @ NUS Business School

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 13: "LENDING BY EXAMPLE': DIRECT AND INDIRECT EFFECTS OF FOREIGN BANK PRESENCE IN EMERGING MARKETS"

Mariassunta Giannetti, Stockholm School of Economics
Anand Srinivasan, National University of Singapore

15:30-16:45,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 12: "EQUITY ISSUANCE AND EXPECTED RETURNS: THEORY AND NEW EVIDENCE"

Masahiro Watanabe, Rice University
Sugato Bhattacharyya, National University of Singapore

14:45-15:30,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 11: "PRODUCTIVITY, ASSET RETURN, AND INTERNATIONAL INDEX MOMENTUM"

Hong Zhang, INSEAD
John M. Griffin, University of Texas

14:00-14:45,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 10: "INDUSTRY CONTAGION IN LOAN SPREADS"

Micah S. Officer, University of Southern California
Joao Santos, Federal Reserve Bank of New York

11:45-12:30,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 9: "STAPLED FINANCE"

Rajdeep Singh, University of Minnesota
Thomas H. Noe, Oxford University

11:00-11:45,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 8: "JUMP RISK, STOCK RETURNS, AND SLOPE OF IMPLIED VOLATILITY SMILE"

Shu Yan, University of South Carolina
Anurag Gupta, Case Western Reserve University

09:45-10:30,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 7: "SPECIFICATION ANALYSIS OF STRUCTURAL CREDIT RISK MODELS"

Jing-Zhi Jay Huang, Pennsylvania State University
Jan Ericsson, McGill University

09:00-09:45,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 6: "RETAIL CLIENTELES AND THE IDIOSYNCRATIC VOLATILITY PUZZLE"

Bing Han, University of Texas
Joe Zhang, Singapore Management University

16:15-17:00,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 5: "DYNAMIC LIQUIDITY PREFERENCES OF MUTUAL FUNDS"

Jiekun Huang, Boston College
Jiang Luo, Nanyang Technological University

15:30-16:15,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 4: "DOES CORPORATE CULTURE MATTER FOR INVESTMENT AND FINANCIAL POLICIES"

Angie Low, Nanyang Technological University
Seoungpil Ahn, National University of Singapore

14:15-15:00,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 3: "THE JOINT DETERMINANTS OF MANAGERIAL OWNERSHIP, BOARD INDEPENDENCE, AND FIRM PERFORMANCE"

Michael L. Lemmon, University of Utah
Li Jin, Havard Business School

13:30-14:15,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 2: "HORSES FOR COURSES: FUND MANAGERS AND ORGANIZATIONAL STRUCTURES"

Michael J. Rebello, University of Texas
Jie Gan, Hong Kong University of Science and Technology

11:15-12:00,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
PAPER 1: "HOW INFORMED ARE THE SMART GUYS? EVIDENCE FROM SHORT-TERM INSTITUTIONAL TRADING PRIOR TO MAJOR EVENTS"

Tao Shu, Georgia University
Bruce D. Grundy, University of Melbourne

10:30-11:15,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

SECOND SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE (2ND SICF)
KEYNOTE SPEECH: "CAPM FOR ESTIMATING THE COST OF EQUITY CAPITAL: INTERPRETING THE EMPIRICAL EVIDENCE"

Ravi Jagannathan, Kellogg School of Management, Northwestern University

09:00-10:00,  Kent Ridge Guild House, NUS

Organised by Saw Centre for Financial Studies and Department of Finance, NUS

CFA ETHICS AND STANDARDS OF PROFESSIONAL CONDUCT

Mr Oh Tuan Chim, CFA Head of Compliance, Standard Chartered Bank Singapore

10:00-12:00,  Lecture Theatre 17, NUS

Organised by Saw Centre for Financial Studies @ NUS Business School

CONSUMER BANKING AND FINANCIAL SERVICES AT OCBC BANK

Mr Darryl Tan, Head of Offshore & Network Business, OCBC

18:30-19:30,  Lecture Theatre 18, NUS

Organised by Saw Centre for Financial Studies @ NUS Business School

INSURANCE INNOVATIONS

Mr Aaron Yip, Assistant Vice President and Regional Manager (SEA) Chubb Specialty Insurance, Federal Insurance Company
Mr Said Khan, Cargo Underwriter, Watkins Syndicate Singapore Pte Ltd

17:00-18:30,  Conference Room B, NUS Business School

Organised by Saw Centre for Financial Studies @ NUS Business School

OBSERVATIONS ON THE SCIENCE OF FINANCE IN THE PRACTICE OF FINANCE

Professor Robert C Merton, John and Natty McArthur University Professor, Harvard Business School

08:30-10:00,  University Hall Auditorium, National University of Singapore

Organised by Saw Centre for Financial Studies @ NUS Business School

FINANCIAL SECTOR SEMINAR SERIES #3 - AN EXCITING CAREER IN INVESTMENT BANKING & THE GLOBAL FINANCIAL MARKETS AWAITS YOU!

Mr Terry Lee, Executive Director, ACI Singapore - The Financial Markets Association
Mr Sean Aw, Senior Executive, Marketing and Corporate Communications, ASEAN Securities & Investment Institute
Mr Yeow Kwang Guan, Joint General Manager, Mizuho Corporate Bank Ltd, Singapore Branch

15:30-17:00,  Lecture Theatre 18, NUS

Organised by Saw Centre for Financial Studies @ NUS Business School

WHAT COMPRISES INVESTMENT RISK OF NON-PROFITS?

Mr Ian Kennedy, Director of Research, Cambridge Associates LLC

15:30-17:00,  Conference Room C, NUS Business School

Organised by Saw Centre for Financial Studies @ NUS Business School

FINANCIAL SECTOR SEMINAR SERIES #2 - MAKING AN EXCITING CAREER OUT OF RISK - ARE YOU GAME FOR IT?

Mr Simon Wilson, General Manager, Lloyd's (Singapore) and Managing Director of Lloyd's Asia (Pte) Ltd
Mr John Thorpe, Head of Production, Aon Re Asia Pacific (Singapore)
Mr Ben Liang, Team Leader for ReMetrics, Benfield Asia

16:00-17:30,  Lecture Theatre 18, NUS

Organised by Saw Centre for Financial Studies @ NUS Business School

FINANCIAL SECTOR SEMINAR SERIES #1 - AN EXCITING CAREER IN HEDGE FUND ADMINISTRATION

Mr Mark Hedderman, Head of Business Development and Customer Relations, Custom House
Ms Celia Choh, Head of LaCrosse Global Fund Services - Asia Operations
Mr Yow-Fee Lee, Managing Director, State Street Investor Services - South Asia

16:00-17:30,  Conference Room C, NUS Business School

Organised by Saw Centre for Financial Studies @ NUS Business School

STATE OF ANTI-MONEY LAUNDERING IN ASIA-PACIFIC - UPDATE

Mr Rohan Bedi

18:30-19:30,  NUS Business School, Conference Room B

Organised by Saw Centre for Financial Studies @ NUS Business School

WORKSHOP: MERGERS AND ACQUISITIONS - (PART 1)

Mr Nishant Saxena, Regional Finance Manager, Procter and Gamble (P&G)

09:00-13:00,  NUS Business School, HSSML Auditorium

Organised by Saw Centre for Financial Studies @ NUS Business School

WORKSHOP: MERGERS AND ACQUISITIONS - (PART 2)

Mr Nishant Saxena, Regional Finance Manager, Procter and Gamble (P&G)

09:00-13:00,  NUS Business School, HSSML Auditorium

Organised by Saw Centre for Financial Studies @ NUS Business School

LIQUIDITY AND NEOCLASSICAL FINANCE

Prof Avanidhar Subrahmanyam

15:30-17:00,  Conference Room B, NUS Business School

Organised by Saw Centre for Financial Studies @ NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
CLOSING ADDRESS

Allaudeen Hameed, National University of Singapore

17:00-17:15,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 15: INSTITUTIONAL TRADING, INFORMATION PRODUCTION, AND CORPORATE SPIN-OFFS

Discussant: M. Deniz Yavuz, Arizona State University

16:45-17:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
INSTITUTIONAL TRADING, INFORMATION PRODUCTION, AND CORPORATE SPIN-OFFS

Presenting author: Shan He, Boston College

16:15-16:45,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 14: DUAL-CLASS SPLITS AND STOCK LIQUIDITY

Discussant: Vidhan Goyal, Hong Kong University of Science and Technology

16:00-16:15,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DUAL-CLASS SPLITS AND STOCK LIQUIDITY

Presenting author: Joonghyuk Kim, Korea University

15:30-16:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 13: CORPORATE POLITICAL CONTRIBUTIONS: INVESTMENT OR AGENCY

Discussant: Jeffrey Zwiebel, Stanford University

14:45-15:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
CORPORATE POLITICAL CONTRIBUTIONS: INVESTMENT OR AGENCY

Presenting author: Rajesh K. Aggarwal, University of Minnesota

14:15-14:45,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 12: PRIVATIZATION, LARGE SHAREHOLDERS’ INCENTIVE TO EXPROPRIATE, AND FIRM PERFORMANCE

Discussant: Joseph P.H. Fan, Chinese University of Hong Kong

14:00-14:15,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
PRIVATIZATION, LARGE SHAREHOLDERS’ INCENTIVE TO EXPROPRIATE, AND FIRM PERFORMANCE

Presenter: Sudipto Dasgupta, Hong Kong University of Science and Technology

13:30-14:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 11: WHY DO BOND PRICES JUMP? A STUDY OF THE U.S TREASURY MARKET

Discussant: Rossen Valkanov, University of California, San Diego

11:15-12:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 10: MEDIA COVERAGE AND THE CROSS-SECTION OF STOCK RETURNS

Discussant: Kalok Chan, Hong Kong University of Science and Technology

11:00-11:15,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
CREDIT RATINGS AND THE CROSS-SECTION OF STOCK RETURNS

Presenting author: Tarun Chordia, Emory University

10:30-11:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
MEDIA COVERAGE AND THE CROSS-SECTION OF STOCK RETURNS

Presenting author: Lily Fang, INSEAD

09:15-10:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 8: DRIVEN TO DISTRACTION: EXTRANEOUS EVENTS AND UNDER-REACTION TO EARNINGS NEWS

Discussant: Harrison Hong, Princeton University

09:00-09:15,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
AGGREGATE MUTUAL FUND FLOWS AND SUBSEQUENT MARKET RETURNS

Presenting author: Avi Wohl, Tel Aviv University

16:15-16:45,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 6: DO GOVERNANCE MECHANISMS MATTER FOR MUTUAL FUNDS

Discussant: Naveen D. Daniel, Purdue University

16:00-16:15,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DO GOVERNANCE MECHANISMS MATTER FOR MUTUAL FUNDS

Presenting author: Wen-Hsiu Chou, University of Wisconsin-Milwaukee

15:30-16:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 5: RATIONAL LEARNING AND THE DIVERSIFICATION DISCOUNT

Discussant: Seoungpil Ahn, National University of Singapore

14:45-15:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
RATIONAL LEARNING AND THE DIVERSIFICATION DISCOUNT

Presenting author: Donald Monk, Tulane University

14:15-14:45,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 4: CAPITAL CONSTRAINTS, ASYMMETRIC INFORMATION, AND INTERNAL CAPITAL MARKETS IN BANKING: NEW EVIDENCE

Discussant: Anand Srinivasan, National University of Singapore

14:00-14:15,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
CAPITAL CONSTRAINTS, ASYMMETRIC INFORMATION, AND INTERNAL CAPITAL MARKETS IN BANKING: NEW EVIDENCE

Presenting author: Dmytro Holod, State University of New York at Stony Brook

13:30-14:00,  Raffles City Convention Centre, Singapore

Organised by Saw Centre for Financial Studies and Department of Finance & Accounting, NUS Business School

FIRST SINGAPORE INTERNATIONAL CONFERENCE ON FINANCE 2007
DISCUSSANT – PAPER 3: CORPORATE GOVERNANCE AND EXECUTIVE PAY: EVIDENCE FROM A RECENT REFORM

Discussant: Jay Ritter, University of Florida

11:45-00:00,  Raffles City Convention Centre, Singapore