9th Annual Darden International Finance Conference

The Darden School of Business,
in partnership with the Research Foundation of CFA Institute, the International
Monetary Fund and World Bank, are pleased to announce their ninth annual conference:

Access to Capital

March 18-19, 2010
The Darden School of Business
Charlottesville, Virginia

Conference attendance is open to invited guests only.

Conference Organizers:
Stijn Claessens - Assistant Director/Division Chief International Monetary Fund
Campbell Harvey - J. Paul Sticht Professor of International Business at the Fuqua School of Business, Duke University
René Stulz - Everette D. Reese Chair of Banking and Monetary Economics, Ohio State University
Frank Warnock - Paul M. Hammaker Associate Professor of Business Administration at the Darden School of Business, University of Virginia

The conference committee is currently reviewing papers submitted for consideration
(as of the November 2, 2009 advertised deadline).
Candidates will be notified of acceptance status via email by December 1, 2009.
We are not accepting additional papers at this time.

We will entertain a wide range of topics for this conference, but will seek clusters of work that complement one another. Possible sessions could include, but are not limited to, the following:

¨ Design of banking systems, capital markets, securities exchanges, and financial regulatory frameworks

¨ Metrics for measuring access to capital and its impact on firm performance or household welfare

¨ The menu of available financial instruments and its impact on firms and households

¨ Capital market liberalization and financial development

¨ The roles of government and NGOs in access to capital

¨ The consequences of foreign involvement in financial systems (through Sovereign Wealth Funds, cross-listings, capital flows, or foreign ownership of banks)

¨ Risks and the internationalization of finance (crises, contagion, and flight to quality; currency mismatches; international funding of lending to SMEs)

¨ The consequences of limited access to capital during financial crises

¨ Financial sector development and the business cycle

This 9th annual Darden International Finance Conference seeks to address international issues concerning access to capital. In all types of economies, households and firms are at times constrained in their ability to attract outside capital. The conference will explore country- and borrower-specific traits that determine this ability, as well as the impact of access to capital on firm performance and household welfare. As in past years, we aim to bring together a mix of academics and practitioners.


Keynote speaker:		Simon Johnson (MIT)
Program Committee:		Yiorgos Allayannis (Darden), Thomas Chevrier (State Street), Asli Demirguc-Kunt (World Bank), Mihir Desai (Harvard), Jessica Donohue (State Street), Alexander Dyck (Toronto), Vihang Errunza (McGill), Richard Evans (Darden), Mara Faccio (Purdue), John Griffin (Texas), Allaudeen Hameed (National University of Singapore), Andrew Karolyi (Cornell), Luc Laeven (IMF), Christian Leuz (Chicago), Ross Levine (Brown), Wei Li (Darden), Karl Lins (Utah), Marc Lipson (Darden), Christian Lundblad (North Carolina), Peter Maillet (UVA McIntire), Jonathan Morduch (NYU), Eli Remolona (BIS), Peter Rodriguez (Darden), Michael Schill (Darden), Sergio Schmukler (World Bank), David Smith (UVA McIntire), Rodney Sullivan (CFA Institute), Bill Wilhelm (UVA McIntire)

Questions? Contact Elizabeth Hupert at huperte@darden.virginia.edu or 1.434.924.4835.