The University of Amsterdam, York University and ECGI organize in collaboration with the Review of Finance (RoF) the symposium, "Financial Intermediaries and Markets at the Cross Roads: Economic and Legal Perspectives on Financial Stability, Liquidity and Corporate Control".
|Start date||26 September 2008|
|End date||27 September 2008|
As recent events show, the financial sector is becoming more complex and hence more opaque. In many respects, the financial landscape is in flux. Financial intermediaries and markets are increasingly intertwined - developments in securitization are just one example. Financial institutions themselves are also becoming more and more diverse. The financial sector has evolved from a more bank-centered world of financial intermediation to one that includes all kinds of more specialized financial institutions, including hedge funds and private equity firms. The center of gravity has shifted, and these developments raise important questions regarding:
- The stability of the financial sector;
- The organization of supervision and other regulatory issues, including the role of credit rating agencies (and other gatekeepers);
- The interaction between the financial sector and the real economy;
- The role of financial intermediaries in the funding of corporations;
- Corporate control implications (e.g. role sovereign wealth funds).
The conference invites papers on regulatory questions(including liquidity, stability, etc.), the economics of financial intermediation (including the repositioning of intermediaries and securitization), and corporate finance and control issues linked to the (re)positioning of financial intermediaries.
The organizers are Arnoud Boot and Joe McCahery at the University of Amsterdam and Douglas Cumming of York University. The Program Committee consists of Lucian Bebchuk (Harvard University), Patrick Bolton (Columbia University), Nick Bollen (Vanderbilt University), Alon Brav (Duke University), Stijn Claessens (IMF & University of Amsterdam), Bill Fung (London Business School), David Hsieh (Duke University), Bing Liang (University of Massachusetts at Amherst), Florencio Lopez-de-Silanes (University of Amsterdam), Nadia Massoud (York University), Marco Pagano (University of Naples Federico II), Enrico Perotti (University of Amsterdam), Ernst-Ludwig von Thadden (University of Mannheim), Anjan Thakor (Washington University), Josef Zechner (Vienna University of Economics and Business).
Sponsors include the Amsterdam Center for Law & Economics (ACLE), ACCF, ECGI, and the Schulich School of Business at York University (Canada).
Papers available for downloading can be found at the links below.
The fee for the workshop is € 200. The fee includes refreshments, lunch, and written documentation. The conference fee for students is € 35.
Payment details are provided in the on-line registration procedure.
Registration is possible until Wednesday September 24, 2008
By car it will take you approximately 45 minutes to get to hotel Hilton Royal Parc in Soestduinen. From Amsterdam Schiphol Airport take the A1 to Amersfoort, then the A28 to Utrecht and follow signs to Soest. Turn right at the T-junction and left at the lights, heading for Soestduinen. After 1.5 miles you will see the hotel on the left-hand side.
By public transport it will take you approximately 1,5 hours to get to the conference venu from Schiphol Airport. You can take the train to Amersfoort Central Station, where you can take a taxi to the hotel. The phone number of taxi company Boute is +31 (0)33-2588849.
Participants are to arrange their own lodging. The following is a selection of hotels in de vicinity of the conference venue.