Workshop on Horizon Risks and Corporate Policies

Workshop on Horizon Risks and Corporate Policies

Organized by LTI@UniTO and the Department of Economics, Social Studies, Applied Mathematics and Statistics (ESOMAS), University of Turin.

The project Horizon Risks and Corporate Policies aims to promote the most recent advances in corporate decision in light of the development of the asset pricing literature.
The project is funded by the Compagnia di San Paolo through the “Bando per il finanziamento ex-post di progetti di ricerca di Ateneo – Anno 2020” at the ESOMAS department.

Venue: Fondazione Collegio Carlo Alberto, Piazza Arbarello 8, Torino

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Program

10:00 – 10:50 | Session 1

Speaker: Lorenzo Bretscher (University of Lausanne), “Investor Beta”

Discussant: Giovanna Nicodano (University of Torino)

10:50 – 11:10 | Coffee Break

11:10 – 11:50 | Session 2

Speaker: Matthijs Breugem (Collegio Carlo Alberto) “Corporate Policies and the Term Structure of Risk”

Discussant: Sebastian Gryglewicz (Erasmus University Rotterdam)

11:50 – 12:40 | Session 3

Speaker: Esther Eiling (University of Amsterdam) “Underdiversification and Housing Risk Premia”

Discussant: Stefano Colonnello (University of Venice)

12:40 – 14:00 | Lunch

14:00 – 14:50 | Session 4

Speaker: Thomas Geelen (Copenhagen Business School) “Financing Cycles”

Discussant: Jing Zeng (University of Bonn)

14:50 – 15:40 | Session 5

Speaker: Stefano Sacchetto (IESE) “Surfing the Cycle: Cyclical Investment Opportunities and Firms’ Risky Financial Assets”

Discussant: Riccardo Calcagno (Politecnico di Torino)

15:40 – 16:10 | Coffee Break

16:10 – 17:00 | Session 6

Speaker: Enrique Schroth (EDHEC) “How do firms choose between growth and efficiency?”

Discussant: Giuliano Curatola (University of Siena)

17:00 – 17:50 | Session 7

Speaker: Roberto Steri (University of Luxembourg) “Do Banks Compete on Non-Price Terms? Evidence from Loan Covenants”

Discussant: Vincenzo Pezone (University of Tilburg)

The workshop will take place in person only. Venue: Collegio Carlo Alberto, Piazza Arbarello 8 Torino.