July 2^nd and 3^rd, 2009, São Paulo, Brazil 

(Information last updated on October 8th, 2009)

Sponsoring and Organizing Institutions

Endorsing Institutions

• The International Corporate Governance Network (ICGN)
• The Millstein Center for Corporate Governance and Performance, Yale School of Management
• The Asian Institute of Corporate Governance (AICG), Korea University
  
• The Brazilian Institute of Corporate Governance (IBGC)
• The Center for Enterprise Governance (Chile)
• Sabanci University - Corporate Governance Forum of Turkey (SU-CGFT)
  

• Ricardo P. C. Leal, chair, COPPEAD Graduate School of Business, UFRJ
  
• Érica Gorga, chair, Direito GV and Cornell Law School
• Melsa Ararat, Sabanci University, GCGF
• Stijn Claessens, Amsterdam University, IMF
• Burçin Yurtoglu, University of Vienna

Scientific Committee 

• Franklin Allen, Wharton School, University of Pennsylvania
  
• Bernard Black, Law School and McCombs School of Business, University of Texas
• Brian Cheffins, Faculty of Law, University of Cambridge
• Stijn Claessens, University of Amsterdam and IMF
• Simon Deakin, Judge Business School, University of Cambridge
• Joseph P. H. Fan, Chinese University of Hong Kong
  
• Ronald Gilson, Stanford Law School, Columbia Law School, and ECGI
  
• Érica Gorga, Direito GV and Cornell Law School
• Sergei Guriev, New Economic School, Russia
• Hasung Jang, Korea University and AICG
• Jonathan Koppell, Millstein Center and Yale University
  
• Reinier Kraakman, Harvard Law School and ECGI
  
• Ricardo Leal, The Coppead Graduate School of Business, UFRJ
  
• Fernando Lefort, Faculty of Business and Economics, PUC-Chile
• Amir N. Licht, Radzyner School of Law, Interdisciplinary Center Herzliya, Israel
  
• Randall Morck, School of Business, University of Alberta
• Kyung Suh Park, Korea University and AICG
• Enrico Perotti, University of Amsterdam
• Katharina Pistor, Columbia Law School
• Mark Roe, Harvard Law School
• Roberta Romano, Yale Law School

Acepted Papers and Selected Presentations

Keynote Speaker Presentations

Mr. Edemir Pinto, CEO, BM&FBovespa Securities, Commodities, and Futures Exchange presented Corporate Governance in Emerging Markets: The Case of Brazil. 

Prof. Joseph P. H. Fan from the Institute of Economics and Finance at the Chinese University of Hong Kong presented Corporate Governance in Emerging Markets: Lessons from China. 

Prof. Vikramaditya Khanna from the University of Michigan School of Law presented Corporate Governance in India: Past, Present, and Future?

Papers Presented

Below you will be able to download each one of the 25 papers presented in the conference , directly or through a link provided by the authors, as well as some of the presentations available for download. Papers are listed in the order of the first author's last name. 

Adams, R. B.; Licht, A. N.; Sagiv, L. Shareholderism: board members; values and the shareholder-stakeholder dilemma

Apreda, R. Cost of capital adjusted for governance risk through a multiplicative model of expected returns. Presentation.

Atanasov, V.; Black, B.; Ciccotello, C. Unbundling and measuring tunneling. Presentation.

Bicalho de Sá, K. Corporate governance: a focus on the human dimension business.

Black, B.; DeCarvalho, A. G.; Gorga, E. An overview of Brazilian corporate governance. Results from a companion paper was also presented by the authors: What Corporate Governance Elements Predict Firm Value: Evidence from Brazil. Presentation. 

Bunkanwanicha, P.; Fan, Joseph P H; Wiwattanakantang, Y. Why do shareholders value marriage?

Céspedes, J.; González, M.; Molina, C. Ownership concentration and the determinants of capital structure in Latin America.

Chari, A.; Ouimet, P.; Tesar, L.  The value of control in emerging markets.

Fernandes, N.; Gianetti, M. On the fortunes of stock exchanges and their reversals: evidence from foreign listings.

Fidrmuc, J.; Jacob, M. A cultural explanation for the agency model of dividends.

Filatotchev, I.; Bell, R. B.; Moore, C. Strategic and institutional effects on foreign IPO performance: examining the impact of country of origin, corporate governance, and host country effects. Presentation.

Francis, B.; Hasan, I.; Song, L.  Does bank value borrower`s corporate governance? Evidence from emerging markets. Presentation.

Gioielli, S.; DeCarvalho, A. G. The dynamics of earnings management in IPOs and the role of venture capital.

Gorga, E. Changing the paradigm of stock ownership from concentrated towards dispersed ownership? Evidence from Brazil and consequences for emerging countries.

Jin, Q.; Yu, V.  Fund governance and collusion with controlling shareholders: evidence from nontradable shares reform in China. Presentation. 

Kim, W.; Kim, W.; Kim, H. S. What makes firms issue death spirals? A control enhancing story. Presentation.

Litvak, K. The relationship between cross-listing premia and host country share prices and trading volumes.

Morck, R.; Yavuz, M. D.; Yeung, B. Bank ownership, capital allocation, and economic performance.(Being updated by the authors)

Richter, B. K. An Empirical Investigation into the Political Economy of the Firm in a Globalizing World Economy: How Domestic Political Connections Affect Cross-listing Choices. Presentation.

Rochman, R. R.; Eid Jr., W. The influence of tag-along rights on company’s value: an event study by using the Brownian motion model.

Rossi Jr., J. L. What is the value of corporate social responsibility? An answer from Brazilian Sustainability Index.

Santos, R. L.; DaSilveira, A. M.; Barros, L. A. Underwriters fueling going public companies? Evidence of conflict of interest during Brazilian 2004-2007 IPO wave. Presentation.  

Yang, Q.; Xue, Y.; Yurtoglu, B. Does the strategic role and the control role of the board of directors exist in Chinese listed companies?

Viegas, L. “Walking the talk” to become a role model in corporate governance: the Brazilian Institute of Corporate Governance. Presentation.

Top