8th Annual Darden International Finance Conference 

Major Player In Emerging Markets:

The Role of Investors, Borrowers, Governments,

 and Non-Governmental Organizations

 

Conference Agenda - Singapore Event

May 8, 2009
 

All conference sessions will be held in the Casuarina at the Shangri-La Hotel.

THuRsday, MaY 7, 2009

6:30 – 7:00 pm Pre-conference Reception for Invited Program Participants and Selected Guests, NUSS Kent Ridge Guild House
7:00 – 9:30 pm Pre-conference Dinner for Invited Program Participants and Selected Guests,
NUSS Kent Ridge Guild House

FRIday, May 8, 2009

8:00 – 8:45 am Registration and Continental Breakfast, Casuarina Foyer, Shangri-La Hotel
8:45 - 9:00 am Welcome Remarks
Dean Bernard Yeung, NUS Business School - National University of Singapore
 Dean Robert Bruner, Darden School of Business - University of Virginia
 Professor Saw Swee Hock, Patron - Saw Centre for Financial Studies - National University of Singapore
9:00 – 9:45 am Keynote Speaker: Kishore Mahbubani, Dean - Lee Kuan Yew School of Public Policy - National University of Singapore
9:45 – 10:00 am Refreshment Break, Casuarina Foyer, Shangri-La Hotel
10:00 – 11:45 am

Session 1: Sovereign Wealth Funds

Chair: Yiorgos Allayannis, Darden School of Business

Speaker: Hon Cheung, State Street Global Advisors, Singapore

Paper #1 The Financial Impact of Sovereign Wealth Fund Investments in Listed Companies

Presented by William Megginson, University of Oaklahoma

 Co-Authors:  Bernardo Bortolotti and Veljko Fotak

Paper #2 Sovereign Wealth Funds: Their Investment Strategies and Performance

Presented by Vidhi Chhaochharia, University of Miami

Co-Author:  Luc Laeven

Open Discussion
11:45 – 12:45 pm Lunch, Garden Terrace, Shangri-La Hotel
12:45 – 1:45 pm Featured Speaker: Randall Morck, University of Alberta - Garden Terrace,
Shangri-La Hotel
1:45 – 3:00 pm Panel Discussion: Asia and the Current Financial Crisis

Moderator: Andrew Karolyi, Ohio State University

Manu Bhaskaran, Centennial Asia Advisors Pte Ltd.
Eli Remolona, Bank for International Settlements
Ang Boon Kiat, Mizuho Corporate Bank
 Patrick Go, Paramount Life and General Insurance
3:00 – 3:15 pm Refreshment Break, Casuarina Foyer, Shangri-La Hotel
3:15 – 5:00 pm

Session 2: Governments and Banks

Chair: Stijn Claessens, International Monetary Fund

Paper #3 Party Control in China’s Listed Firms

Presented by Wei Yu, Chinese University of Hong Kong

Paper #4 Does Enforcement of Intellectual Property Rights Matter? Evidence from Financing and Investment Choices in the High Tech Industry

Presented by James Ang, Florida State University

Co-Authors: Yingmei Cheng and Chaopeng Wu

Paper #5 Bank Ownership, Capital Allocation and Economic Performance

Presented by Mehmet Deniz Yavuz, Arizona State University

Co-Authors:  Randall Morck and Bernard Yeung

Open Discussion
5:00 – 5:15 pm Closing Remarks
5:15 – 6:00 pm Break
6:00 – 7:00 pm Reception, Waterfall Terrace, Shangri-La Hotel (All Conference Attendees)
7:00 – 9:00 pm Dinner, Waterfall Terrace, Shangri-La Hotel (All Conference Attendees)