Differential Voting Shares
ECGI and Bar Ilan University
12-13 December 2018, Bar-Ilan University, Weisfeld Hall, Feldman building (301), Tel Aviv, Israel
Supported by:
Wednesday 12 December, 2018 |
|
Session 1 |
|
09:50 – 10:00 10:00 – 10:45 |
Greetings Keynote Speaker- Lucian Bebchuk (Harvard Law School) |
10:45 - 11:35 |
The Perils of Small-Minority Controllers Kobi Kastiel (Tel Aviv-University) |
Session 2 |
|
11:50 – 12:40
|
Sticking Around too Long? Hyunseob Kim (Cornell University) Discussant: Kate Litvak (Northwestern University)
The Life Cycle of Dual Class Firms Valuation Beni Lauterbach (Bar-Ilan University) Discussant: Ting Xu (University of Virginia) |
Session 3 |
|
14:40-15:30 |
Nonvoting Shares and Efficient Corporate Governance Dorothy Shapiro Lund (University of Southern California) Discussant: Amir Licht (Interdisciplinary Center Herzliya) |
15:30 – 16:20 |
Ownership, Investment and Governance: The Costs and Benefits of Dual Class Shares Suman Banerjee (Stevens Institute of Technology) Discussant: Alon Raviv (Bar-Ilan University) |
Thursday 13 December, 2018 |
|
Session 1 |
|
10:00 – 10:50 |
Loyalty Shares with Tenure Voting - a Coasian bargain? Evidence from the Loi Florange Experiment Marco Becht (Université libre de Bruxelles) Discussant: Ernst Maug (University of Mannheim Business School) |
10:50 - 11:40 |
Index Funds and the Future of Corporate Governance: Theory, Evidence and Policy Lucian Bebchuk (Harvard Law School) Discussant: Bernard Black (Northwestern University) |
Session 2 |
|
11:55 – 12:45 |
The Effect of Minority Veto Rights on Controller Tunnelling Yishay Yafeh (The Hebrew University of Jerusalem) Discussant: Meni Abudy (Bar-Ilan University) |
12:45 – 13:35 |
Alibaba and the Rise of Law-Proof Insiders Jesse Fried (Harvard Law School) Discussant: Kobi Kastiel (Tel-Aviv University) |
Session 3 |
|
14:45 – 15:35 |
The Control Risk Premium David Reeb (National University of Singapore) Discussant: Anete Pajuste (The Stockholm School of Economics in Riga) |
15:35 – 16:25 |
Busy Directors: Strategic Interaction and Monitoring Synergies Konrad Raff (Norwegian School of Economics) Discussant: Sivan Frenkel (Tel-Aviv University) |