Financial Management Association (FMA) 2012 Doctoral Student Consortium winners

2012 Doctoral Student Consortium winners

Alyssa G Anderson, Cornell University, Ambiguity in Securitization Markets

Travis Box, University of Arizona, Comovement and the News

Si Cheng, National University of Singapore, Institutional Ownership, Retail Trading and Stock Return Comovement

Yiying Cheng, University of North Carolina at Charlotte, Real Option Model of Real Estate Construction with Entitlement Risk

Gabriela Alexandra Coiculescu, New York University, Banking Relationships and Supply-Chain Relationships

Karen Ann Craig, University of Tennessee, Liquidity in the 144A Debt Market

Stefanos Delikouras, University of Michigan, Ann Arbor, Great Expectations – Greater Disappointment: Disappointment Aversion Preferences in General Equilibrium Asset Pricing Models

Igor Oliveira dos Santos, HEC Montréal, Essays on Privatization, Natural Advantage, and Resource Extraction

Yang Duan, Chinese University of Hong Kong, Geographical Proximity of Financial Advisors and Value Creation in Mergers and Acquistions

Daniel Greene, Georgia State University, Firm valuation in going public reverse mergers and initial public offerings

Vincent Gregoire, University of British Columbia, Three Essays on Passive Investing

Kateryna Holland, University of Oklahoma, Three Essays in Corporate Finance – Examining the Influence of Government Ownership and Evaluating Crude Oil Arbitrage

Xin Hong, University of Kentucky, Three Essays on Investments

Dashan Huang, Washington University, What is the Maximum Return Predictability Permitted by Asset Pricing Models?

Pawan Jain, University of Memphis, A Comprehensive Analysis of Limit Order Book

Yeejin Jang, The Ohio State University, Does International Corporate Diversification Improve Access to Capital?

Candace Jens, University of Rochester, Investment Around U.S. Gubernatorial Elections

Junlan Jiang, Vanderbilt University, Forecasting Hedge Fund Failure

Minjeong Kang, Arizona State University, Do Hedge Fund Managers Possess Timing and Selectivity Skill? Evidence from Stock Holdings

Stephen A Karolyi, Yale University, Three Essays on Lender Control Rights

Hugh Hoikwang Kim, University of Pennsylvania, Contagious Runs in Money Market Funds and the Impact of a Government Guarantee

Joon Ho Kim, University of Washington, Debt Financing Frictions and Access to Public Debt

Kihun Kim, Rutgers, The State University of New Jersey, Two Essays on Labor and Finance

Kirak Kim, Arizona State University, Inventory Accumulation, Cash Flow and Corporate Investment

Amy Kwan, The University of New South Wales, Essays on Dark Market Fragmentation in U.S. Equity Markets

Hong Lee, Louisiana State University, Cherry-picking in Securitization? Selective Mortgage Transfer by Sponsoring Originators

Jeongmin Lee, University of Maryland, Inside Money and Fragility of the Repo Market

Zhelei Li, The University of Hong Kong, Silence is Golden – Discretionary Analyst Reporting and Stock Returns

Yi Ling Michelle-Joy Low, The University of Melbourne, The Option-Implied Density of the S&P500 Index: Financial Market Uncertainty and Crisis Prediction

Wenling Lu, Washington State University, U.S. Bank Structure, Fragility, and Failure During the 2007—2009 Financial Crisis and Bailout

Juan Luo, Nanyang Technological University, Are Institutional Investors with multiple largest blockholdings Effective Monitors?

Liang Ma, University of Wisconsin-Madison, A Model of Momentum, Momentum Crashes, and Long-Run Reversals: Theory and Evidence

Anahit (Anya) Mkrtchyan, Pennsylvania State University, The Effect of Director Acquisition Experience on Acquisition Activity

Tim Mooney, University of Wisconsin-Milwaukee, Investment Banks, their Affiliated Mutual Funds, and Investor Protection

Saurin Patel, McGill University, Economic Optimism, Information Uncertainty and Future Investment Decisions: Evidence from the Mutual Fund Industry

Daniel Schmidt, INSEAD, Investors’ Attention and Stock Covariation

Michael Shafer, Syracuse University, The Option to Stock Volume Ratio and Acquisition Targets

Chenyu Shan, University of Hong Kong, Does CDS Affect Debt Contracting? Evidence from Loan and Bond Covenants?

Rohit Sonika, Lancaster University, Compensation Structure Shifts: Rationale and Likelihood of Introducing ‘New Components’

Yuehua Tang, Georgia State University, Leverage and Liquidity: Evidence from the Closed-End Fund Industry

Lee Yen Teik, Singapore Management University, Social Networks and Risk Taking: Evidence from Corporate Control Activities

Jing Wang, Purdue University, Debt Covenant Renegotiations and Creditor Control Rights

Song Wang, University of Central Florida, Short selling, margin trading and price efficiency

Ethan D Watson, University of Mississippi, Cancelling Liquidity

Matthew M Wynter, The Ohio State University, Why Go Home: Active changes in the equity home bias of investors

Steven Chong Xiao, Georgia Institute of Technology, Essays on Liquidity, Corruption, and Corporate Finance

Chen Yao, University of Illinois Urbana-Champaign, Three Essays on Transparency

Haibo Yao, Mississippi State University, Two essays on monetary policy and corporate finance

Jiaquan Yao, Nanyang Technological University, Hiring merger-counterparty’s prior bank as M&A advisor: Causes and consequences

Chengdong Yin, University of California, Irvine, Optimal Size of Hedge Funds: Conflict between Investors and Fund Managers

Xiaojing Yuan, University of South Florida, Policy risk, corporate political strategies, and the cost of debt

Xiaofei Zhao, University of Toronto, Information disclosure/acquisition and asset prices

Yihua Zhao, University of Texas – Dallas, Real Investment, Dynamic Beta, and Expected Return

Chao Zhuang, University of Southern California, Market timing and stock repurchases