Thursday, August 18, 2011, 8:30-10:15 am; Corporate Finance Theory
Security Design - C6

Session Chair: Uday Rajan, University of Michigan

  • Pay Now or Later: Financial Flexibility and Security Design PDF
    Karan Bhanot, Antonio Mello
    University of Texas - San Antonio; University of Wisconsin - Madison
    • Discussant: Nathalie Moyen, University of Colorado - Boulder
  • The Commitment Problem of Secured Lending PDF
    Daniela Fabbri, Annamaria Menichini
    University of Amsterdam; University of Salerno, CSEF
    • Discussant: Zhaohui Chen, University of Virginia

  • Smart Buyers PDF
    Mike Burkart, Samuel Lee
    Stockholm School of Economics; New York University
    • Discussant: Pierre Mella-Barral, EDHEC Business School