Corporate Finance and Industrial Organization, December 5, 2003

(Ecole Normale Supérieure, 48 Bd Jourdan 75014 Paris, Grande salle, Bâtiment principal)

 Coorganisers CERAS-DELTA-Fédération PARIS-Jourdan-HEC-INSEAD

  10.00 – 10.45 : 

"Financial Liberalization, Firm Organization and the Labor Market", David Thesmar (ENSAE-CREST, Paris and CEPR, London), Mathias Thoenig (CERAS-CNRS, Paris and CEPR, London).

Discussant : Fabien Postel-Vinay (LEA)

 10.45 – 11.30 :

 "Disruptive Technologies and the Emergence of Competition", Ron Adner (INSEAD) and Peter Zemsky (INSEAD, Fontainebleau, France).

Discussant :Sebastien Michenaud (HEC)

 11.30 – 11.45 :

Break

 11.45 – 12.30 :

 "Project Externalities and Moral Hazard", Dima Leshchinskii (HEC, Jouy en Josas).

Discussant : Bernard Caillaud (CERAS-ENPC)

 12.30 – 14.00

Lunch –  "Le Pot" (Ecole Normale Supérieure, 48 Bd Jourdan)

 

14.00 – 14.45 :

 "Shareholder Investment Horizons and the Market for Corporate Control", José-Miguel Gaspar , (INSEAD), Massimo Massa (INSEAD), Pedro Matos (INSEAD).

Discussant : Frederic Palomino (HEC)

 14.45 – 15.30 :

 "Takeovers, toeholds and deterrence", David Ettinger (Université de Cergy Pontoise - CERAS).

Discussant : Vassilios Dimitrikas.

 15.30 – 15.45 : 

Break

 15.45 – 16.30 :

 "Ownership structure and firm performance", Irena Grosfeld (DELTA, CNRS)

Discussant : David Thesmar.

 16.30 – 17.15 :

 "Ownership and Control in Joint Ventures: Theory and Evidence", Robert Hauswald (Kogod School of Business, American University) and Ulrich Hege (HEC, Jouy en Josas).

Discussant : David Sraer (CREST, INSEE)