Presentations

  • Financial Management Association Asia, keynote address, “Industries and Competition: New Foundations for Corporate Finance and Asset Pricing,” July 2019
  • Southern Denmark University, keynote address, "Financial and Organizational Decisions over the Firm and Industry Life Cycle," June 2019
  • Claremont McKenna College, keynote address, see YouTube video at: "The Need for Industrial Organizational Foundations in Corporate Finance and Asset Pricing."
  • Brandeis University, UNC, “The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship,”
  • Columbia University, "How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output?"
  • Stanford University, "Innovation Activities and the Incentives for Vertical Mergers and Vertical Integration."
  • Hong Kong Polytechnic University, "Merger Integration and Merger Success."
  • Tsinghua University in Beijing, "Merger Integration and Merger Success."
  • University of North Carolina, "The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship."
  • University of Chicago, Booth School of Business, "Innovation Activities and the Incentives for Vertical Mergers and Vertical Integration."
  • University of Amsterdam "The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship."
  • Cornell University, "The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship."
  • University of Pittsburgh, "The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship."
  • Stockholm School of Economics, keynote address "Merger Integration and Merger Success."
  • “The Impact of Bank Credit on Labor Reallocation and Aggregate Industry Productivity,” Presented at: Northeastern University, NBER Corporate Finance, NBER CRIW conference, UCLA, UNSW.
  • “Innovation Activities and the Incentives for Vertical Acquisitions and Integration,” Presented at: MIT, Carnegie Mellon, Dartmouth College, Humboldt University, IFN Stockholm, Tsinghua University, 2014 American Finance Association, NBER Fall 2014.
  • “Outsourcing Supply Contracts, Human Capital and Firm Capital Structure,” Presented at: George Washington University, Humboldt University, Tsinghua University, University of Colorado, University of Oregon, UBC Summer Finance conference, American Finance Association, 2015.
  • “Industry Choice and Product Language,” Presented at: Columbia University, 2013, Western Finance Association, 2012. University of Chicago, 2012. University of Wisconsin, 2012. Stanford University, 2011. Finance and Accounting Conference, Indiana University, 2011. Tilberg University, 2011. Rotterdam School of Management, Erasmus University, 2011. University of Mannheim, 2011. Helsinki School of Economics, 2011. University of Illinois, 2011.
  • “R&D and the Incentives from Merger and Acquisition Activity,” Presented at: Boston University, 2012. Western Finance Association, 2011. Paris Corporate Finance Conference, 2011. University of New South Wales, 2011. University of Sidney, 2011. Sidney Institute of Science and Technology, 2011. Hong Kong University of Science and Technology, 2011. Tsinghua University, 2011. Cheung Kong Graduate School of Business, 2011.
  • “Text-Based Network Industries and Endogenous Product Differentiation,” Presented at: University of Chicago, 2012. Academy of Management, 2011. Rutgers University, 2011. Northwestern University, 2011. University of Notre Dame, 2010. University of Southern California, 2010. Stockholm School of Economics, 2010. Copenhagen Business School, 2010. London Business School, Fall, 2009. HEC - Paris, Fall 2009.
  • “How Do Firm Financial Conditions Affect Product Quality and Pricing?” BI Norwegian School of Management, 2010. American Finance Association, January 2011.
  • “Public and Private Merger Waves,” Presented at: Western Finance Association, 2010. Financial Management Association, 2010. National Bureau of Economic Research, Summer 2010. Universit ́e Paris Dauphine, 2009. Norwegian School of Management, Bergen, 2009.
  • “Real Asset Illiquidity and the Cost of Capital,” Presented at: Georgetown University, 2009. Western Finance Association meetings, 2009, Wilfrid Laurier Finance Conference 2010 Northern Finance Association meetings, 2010.
  • “Product Market Synergies and Competition in Mergers and Acquisitions,” Presented at: Stockholm School of Economics, ISCTE (Lisbon), Spring 2010, University of Amsterdam, Spring 2010, ESSEC, Fall, 2009. London Business School, Fall, 2009. HEC - Paris, Fall 2009 Georgetown, Spring, 2009 NBER, November, 2008. Ohio State, May, 2008. Duke University, April, 2008. Hong Kong University of Science and Technology, September, 2008. National University of Singapore, September, 2008. Insead University, September, 2008. Universit ́e de Lausanne, October, 2008.
  • “Post-Merger Restructuring and the Boundaries of the Firm” Presented at: University of Southern California, February, 2008. Tulane University, March 2008. NBER, April, 2008. American Finance Association, January, 2009.
  • “Real and Financial Industry Booms and Busts” Presented at: NYU, Vanderbilt, April, 2006, UBC, August, 2006 Washington University of St. Louis, September, 2006, Georgia State University, October, 2006, Yale, Oxford, Insead, May 2007, WFA, June 2007, NBER Summer Institute, May, 2007, University of Vienna, October, 2007, AFA meetings, January, 2008, University of Michigan, March, 2008.
  • “Why do Public Firms Issue Private and Public Securities?” Presented at: Frontiers of Finance Conference, January 2006 NYU, 5 Star Conference, December 2005, Rice, February, 2006, Florida, March, 2006, McGill, April, 2006, NBER, Summer, 2006, University of Michigan, June, 2007. AEA meetings, January, 2008.
  • “The Industry Life-Cycle, Acquisitions and Investment: Does Firm Organization Matter?” Presented at: Duke-UNC Corporate Finance Conference, September, 2004, UCLA, April, 2004, University of Texas-Austin, April, 2004, University of Pittsburg, March, 2004, University of Minnesota, January, 2004, Case Western University, January, 2004, Hong Kong University of Science and Technology, December, 2003.
  • “Firm-Specific Resources, Financial-Market Development and The Growth of U.S. Multinationals,” Presented at: Columbia University, December, 2003, Case Western University, November, 2003, University of Illinois, November, 2003, University of Minnesota, October, 2003, Western Finance Association Meetings, June, 2003, Tulane University, April, 2003, Rice University, April, 2003, Duke University, February, 2003, MIT finance and organizations seminars, March and April, 2002, Boston College, April, 2002, University of South Carolina, March, 2002, Rutgers University, September, 2001, The Center for Economic Studies, Department of Commerce, March, 2001.
  • “How Does Industry Affect Firm Capital Structure?” Working paper titled: “Is There an Optimal Industry Capital Structure?” Presented at: University of Delaware, April, 2003, University of British Columbia, April, 2002, American Finance Association Meetings, January, 2002, Atlanta Finance Research Consortium, April, 2001, University of Kentucky, March, 2001, Rutgers University Capital Structure Conference, May, 2001.
  • “The Market for Corporate Assets: Who Engages in Mergers and Asset Sales and Are There Gains?” Presented at: University of Texas, Dallas, 2001, American Finance Association Meetings, January, 2001, Duke University, October, 2000, Illinois, September, 2000, NYU, September, 2000, New York Federal Reserve Bank, September, 2000, Western Finance Association, 2000 meetings, Stanford University, October, 1999, The National Bureau of Economic Research, Fall, 1999, Texas - Austin Conference in Finance and Accounting, September, 1999.
  • “Do Conglomerate Firms Allocate Resources Inefficiently Across Industries? Theory and Evidence” formally titled: “Optimal Firm Size and the Growth of Conglomerate and Single-Industry Firms.” Presented at: Carnegie Mellon University, 1998, Virginia Tech University, March 1999, The National Bureau of Economic Research, Summer, 1998, Washington Area Finance Symposium, October, 1998, NYU Conference in Finance and Accounting, November, 1998, American Finance Association Meetings, January, 1999. Presented by co-author at: Harvard University, University of Colorado, University of Illinois, Indiana University, University of Michigan, Virginia Tech, and Ohio State.
  • “Corporate Equity Ownership and Product-Market Relationships.” Presented at: Western Finance Association, 1998 meetings, The 8th Annual Conference in Finance and Accounting, SUNY-Buffalo, 1997, American Finance Association Meetings, January, 1999, University of Michigan, 1997, Michigan State University, 1997, The Center for Economic Studies, Department of Commerce, 1997.
  • “Asset Efficiency and Reallocation Decisions of Bankrupt Firms.” Presented at: American Finance Association, 1997 meetings, National Bureau of Economic Research, Summer, 1996, Purdue University, 1997, MIT, 1996, Wharton, 1996, University of British Columbia, 1995, University of Chicago, 1995, University of Georgia, 1995, University of North Carolina, 1995, University of Utah, 1995, University of Virginia, 1995. Presented by co-author at: Boston College, Center for Policy Research (CEPR), Columbia University, NYU, The University of Texas at Austin, Tulane University, and Vanderbilt University.
  • “Capital Structure and Product Market Behavior: An Examination of Plant Closing and Invest- ment Decisions.” Presented at: Western Finance Association, 1995 meetings, The Econometric Society, 1994 European meetings, The European Economic Association, 1994 meetings, University of Michigan 5th Annual Conference in Finance and Accounting, 1994. University of Florida, 1995, The Chicago Federal Reserve Bank, 1994, The Pennsylvania State University, 1994, The Department of Justice, 1994, University of Maryland, 1994, Virginia Polytechnic Institute, 1994. Presented by co-author at: Erasmus University, Tilberg University, The Center for Economic Studies at the University of Munich, the Institut d’Analsi Economica CSIC at the Universitat Autonoma de Barcelona.
  • “Capital Structure and Product Market Rivalry: How Do We Reconcile Theory and Evidence?” Presented at: The American Economic Association, 1995 meetings.
  • “Increased Debt and Product Markets: An Empirical Analysis.” Presented at: Financial Management Association, 1994, Rochester University, 1993, The University of Maryland, 1993, The Chicago Federal Reserve Bank, 1993. American Finance Association, 1992 meetings, National Bureau of Economic Research Conference, Summer 1991.
  • “Market Volatility: Forecasts and Reactions in the Oil Markets.” Presented at: The 6th Journees Du Green Conference, Quebec, Canada, 1995. Financial Management Association, 1994.
  • “Trading Performance in Forward Markets: Information vs. Normal Backwardation.” Presented at: American Finance Association, 1991 meetings, National Bureau of Economic Research Conference, 1992, Boston University, 1992.