University of Sydney Business School Business Financing and Banking Research Group 2021 Annual Workshop

Conference Event:
November 9, 2021

Event Location:
Online

Organizer(s):
Iftekhar Hasan, Ronald Masulis, Buhui Qiu, Susan Thorp, Eliza Wu

The University of Sydney Business School’s Business Financing and Banking Research Group invite you to attend the annual one-day virtual research workshop to be held during 9am to 3pm (Australian Eastern Daylight Time -AEDT) on 9 November 2021.
The Workshop will present a keynote speech and six papers in the areas of empirical banking and corporate finance. Each paper will be discussed in-depth by a discussant and the audience. Please see full program below.

Please REGISTER for the workshop at: https://business.sydney.edu.au/events/research/2021/bfbr/annual-workshop
The Zoom link will be sent to registrants in the confirmation email.
Participation in the workshop program is free.
Registrations close 8 November 2021.

Further Information:

PROGRAM

Welcome: 9:00am-9:15am
Professor Clinton Free
(Deputy Dean, The University of Sydney Business School)

Morning Session 1: 9:15am-10:25am
Session Chair: Eliza Wu (The University of Sydney of Sydney Business School)

9:15am-9:50am
“The Interbank Market Puzzle”, by Franklin Allen (Imperial College); Giovanni Covi (Bank of England); Xian Gu (Durham University); Oskar Kowalewski (IESEG); Mattia Montagna (ECB)
Presenter: Xian Gu
Discussants: Nick Garvin (Australian Prudential Regulation Authority)

9:50am-10:25am
“Specialization in Banking”, by Kristian Blickle (NY Federal Reserve Bank), Cecilia Parlatore (NYU Stern), and Anthony Saunders (NYU, Stern)
Presenter: Kristian Blickle
Discussant: Yeejin Jang (UNSW)

Break: 10:25am-10:40am

Morning Session 2: 10:40am-12:05pm
Session Chair: Iftekhar Hasan (Fordham University; The University of Sydney Business School)

10:40am-11:20am
Keynote Speech, “Corporate Innovation and the Boundaries of the Firm”, by Kai Li (UBC)
11:20am-11:30am Q&A for Keynote Speech

11:30am-12:05pm
“Hawthorne Effect in Banking: Evidence from Stress Testing”, by Brian Clark (Rensselaer Polytechnic Institute, RPI), Bill Francis (RPI), Raffi Garcia (RPI), and Suzanne Steele (The Brattle Group)
Presenter: Raffi Garcia
Discussant: Alessio Galuzzi (The University of Sydney of Sydney Business School)

Lunch Break: 12:05pm-1:00pm

Afternoon Session: 1:00pm-2:45pm
Session Chair: Buhui Qiu (The University of Sydney of Sydney Business School)

1:00pm-1:35pm
“Crises as Opportunities for Growth: The Strategic Value of Business Group Affiliation”, by Alvin E. S. Ang (HSUHK), Ronald W. Masulis (UNSW), Peter Pham (UNSW), Jason Zein (UNSW)
Presenter: Ron Masulis
Discussant: Haekwon Lee (The University of Sydney of Sydney Business School)

1:35pm-2:10pm
“Process innovation, productivity and growth”, by Leo Liu (UNSW), Elvira Sojli (UNSW), Wing Wah Tham (UNSW)
Presenter: Elvira Sojli
Discussants: Claire Liu (The University of Sydney of Sydney Business School)

2:10pm-2:45pm
“Impact of Mortgage Brokers on Consumer Preferences and Perceptions”, by Sol Chung (USYD), Junhao Liu (USYD), Julie Agnew (College of William and Mary), Hazel Bateman (UNSW), Christine Eckert (UTS), Fedor Iskhakov (UNSW), and Susan Thorp (USYD)
Presenter: Junhao Liu
Discussants: Isaac Pan (The University of Sydney of Sydney Business School)

2:45pm-3:00pm
Closing Remarks:
Professor Susan Thorp
(Associate Dean, The University of Sydney Business School)

Link Conference: University of Sydney Business School Business Financing and Banking Research Group 2021 Annual Workshop