The 25th Australasian Finance and Banking Conference was held 16 – 18 December 2012 at the Shangri-la Hotel, Sydney. The PhD Forum was held 15 December 2012 at the University of New South Wales.
The Investment Behavior of State Pension Plans
Volatility Uncertainty, Time Decay, and Option Bid-Ask Spreads
Auctions of Real Options: Security Bids, Moral Hazard, and Strategic Timing
andExpectations of Executive Risk-Taking and Preferences: Evidence from CEO Stock Grants
On the Regulatory Responses to the Recent Crisis: An Assessment of the Basel Market Risk Framework and the Volcker Rule
andThe Impact of Non Interest Income on Bank Risk in Australia
Media and Market Quality
LIBOR’s Poker: Interbank Borrowing Costs and Strategic Reporting
Auctions of Real Options: Security Bids, Moral Hazard and Strategic Timing
Durable Matters? An Alternative Measure of Consumption Risk
The keynote speakers for the 25th Australasian Finance and Banking Conference were:
The Greatest Carry Trade Ever? Understanding Eurozone Bank Risks
Professor Viral Acharya, New York University
Risk, Uncertainty, Monetary Policy and Asset PricesProfessor Geert Bekaert, Columbia University
The Latest Developments in Systemic Risk Professor Robert Engle, New York University Mergers that Matter: The Importance of Economic Links Among FirmsProfessor Jarrad Harford, University of Washington
The Euro-zone crisis: Economics, Finance and PoliticsProfessor Bruno Solnik, HKUST The Implications and Costs of Basel 3Professor Anthony Saunders, New York University
The Chairman of the Selection Committee is Fariborz Moshirian from UNSW.
Members of the Selection Committee included:
Renee Adams, University of New South Wales
Allen Berger, University of South Carolina
Michael Brennan, University of California LA
Stijn Claessens, International Monetary Fund
J. David Cummins, Temple University
Asli Demirguc, Kunt World Bank
Robert Faff, University of Queensland
Mark Flannery, University of Florida
Kenneth French, Dartmouth University
Bruce Grundy, University of Melbourne
Steven Kaplan, The University of Chicago
Andrew Karolyi, Cornell University
Larry H. P. Lang, Chinese University of Hong Kong
Florencio Lopez De Silanes, EDHEC Business School
Ike Mathur, Southern Illinois University
Ronald Masulis, University of New South Wales
Maureen O'Hara, Cornell University
Jay Ritter, University of Florida
Richard Roll, UCLA
Anthony Saunders, New York University
Henri Servaes, London Business School
Andrei Shleifer, Harvard University
Tom Smith, University of Queensland
Bruno Solnik, HEC School of Management
Avanidhar Subrahmanyam, UCLA
Paul Wachtel, New York University
All submitted papers undergo a peer review process before being accepted for presentation at the AFBC. Full papers undergo a blind review process by a selection committee independent of the author. Conference proceedings are via SSRN.
For any further information or questions please email us at bankconf@unsw.edu.au.