Academic program |
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Wednesday, September 2nd
Location: Hotel Forum, Roof garden,
Via di Tor de Conti, 25, 00184 Rome, tel: +39 06 679 2446 |
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| 17.00 |
Reception & Registration |
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| 19.15 |
Sightseeing tour of Rome (around 2 hours) |
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Thursday, September 3rd
Location: Associazione Bancaria Italiana (ABI)
Palazzo Altieri, Piazza del Gesù 49, Rome |
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| 08.30 |
Reception |
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| 09.00 |
Welcome address |
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E.P.M. Gardener, University of Wales, Bangor, UK , Wolpertinger Club director
C. Travaglini, Università di Roma III, Italy, Dean of the Faculty of Economics
D. Previati, Università di Roma III, Italy, Conference Co-chair
F. Fiordelisi, Università di Roma III, Italy, Conference Co-chair |
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| 09.15 |
Keynote speech |
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Anjan Thakor, Olin School of Business, Washington University, USA |
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| 09.45 |
The Jack Revell Session “Reforming Financial Systems” |
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Guest, Banca d’Italia, Italy (TBA)
Guest, ABI, Italy (TBA)
Marco Onado, Bocconi University, Italy |
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| 10.45 |
Coffee break |
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| 11.10 |
Academic session 1 - Financial crises |
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Chairman: Francesco Cesarini, Università Cattolica S. Cuore , Italy |
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The impact of a housing price bubble on the intensity of the recent credit crunch
Javier Quesada, Universidad de Valencia and Ivie, Spain
José Manuel Pastor, Universidad de Valencia and Ivie, Spain
Lorenzo Serrano, Universidad de Valencia and Ivie, Spain |
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China's regulatory framework of the financial sector to be tested by the economic downturn
Rene van der Linden, Hogeschool INHolland, The Netherlands |
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Trust, distrust and financial markets
Juan Fernández de Guevara, Universidad de Valencia and Ivie, Spain
Francisco Pérez García, Universidad de Valencia and Ivie, Spain |
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The financial crisis: main issues in cross-border supervision in the EU
Elisabetta Gualandri, Università di Modena e Reggio Emilia, Centro Studi di Banca e Finanza , Italy
Simonetta Cotterli, Università di Modena e Reggio Emilia, Centro Studi di Banca e Finanza , Italy |
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Financial turmoil and asymmetric information theory -evidence from e-MID platform
Francesca Battaglia, Università Parthenope di Napoli , Italy
Claudio Porzio, Università Parthenope di Napoli, Italy
Antonio Meles, Università Parthenope di Napoli, Italy
Maria Grazia Starita, Università Parthenope di Napoli, Italy |
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Interventions in the Money Market by ECB and Fed since 2007 and its Monetary Consequences
Frans Brinkhuis, Hogeschool INHolland, The Netherlands |
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Central banks as political players
Elena Seghezza, Università di Genova, Italy
Giovanni B. Pittaluga, Università di Genova, Italy |
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| 13.00 |
Lunch |
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| 14.00 |
Academic session 2 – Banking industry: structure, competition and performance |
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Chairman: Shelagh Heffernan, Cass Business School, City University London, UK |
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Financial crisis, financial integration and economic growth: the European case
Joaquín Maudos, Universidad de Valencia and Ivie, Spain
Juan Fernández de Guevara, Universidad de Valencia and Ivie, Spain |
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The Persistence Of Bank Profits In Developed And Developing Nations
John Wilson, University of St Andrews, UK
John Goddard, University of Wales, Bangor, UK
Hong Liu, University of Wales, Bangor, UK
Phil Molyneux, University of Wales, Bangor, UK |
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A new appraisal of the Structure of European Banking Systems
Cristina Ruza, Universidad Nacional de Educación a Distancia (UNED), Spain
Rebeca de Juan, , Universidad Nacional de Educación a Distancia (UNED), Spain
Marta de la Cuesta, , Universidad Nacional de Educación a Distancia (UNED), Spain |
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A model of price and non-price competition with endogenous credit risk with an application to Portugal
Paulo Soares de Pinho, Universidade Nova de Lisboa, Portugal
Filipa Lima, Universidade Nova de Lisboa, Portugal |
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Information Disclosure, Banking Development and Knowledge-Driven Growth
Diego Romero Ávila, Universidad Pablo de Olavide, Spain |
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Competitive behaviour and risk taking incentives in the lending market
Tianshu Zhao, Stirling University, UK
Barbara Casu Lukac, Cass Business School, City University London, UK
Alessandra Ferrari, The University of Reading, UK |
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| 15.30 |
Coffee break |
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| 16.00 |
Academic session 3 – Mergers and Acquisitions in European Banking |
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Chairman: Phil Molyneux, University of Wales, Bangor, UK |
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Evidence of Regulatory Arbitrage in Cross Border Mergers of Banks in the EU
Santiago Carbo-Valverde, Universidad de Granada, Spain
Edward Kane, Boston College, USA
Francisco Rodriguez, Universidad de Granada, Spain |
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The impact of corporate culture, efficiency and geographic distance on M&A results: the European case
Franco Fiordelisi, Università di Roma III, Italy
Duccio Martelli, Università di Roma ''Tor vergata'', Italy |
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What does bank financial profile tell us about mergers and acquisitions in Latin American banking?
Jon Williams, Bangor Business School, UK
Fatima Cardias Williams, Bangor Business School, UK |
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Cross-border and cross-industry M&A's in the EMU financial sector
Francesco Pattarin, Università di Modena e Reggio Emilia, Centro Studi di Banca e Finanza , Italy
R. Ferretti, Università di Modena e Reggio Emilia, Centro Studi di Banca e Finanza , Italy
V. Venturelli, Università di Modena e Reggio Emilia, Centro Studi di Banca e Finanza , Italy
Alessandro Grasso, Università di Modena e Reggio Emilia, Centro Studi di Banca e Finanza , Italy |
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The determinants of M&A operations in banking
Elena Beccalli, Università Cattolica S. Cuore , Italy
Pascal Frantz, London School of Economics, UK |
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Cross border mergers and value creation in the exchange industry - the case of diversified conglomeral exchanges
Josanco Floreani, Università di Udine, Italy
Maurizio Polato, Università di Udine, Italy |
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| 17.30 |
Either: |
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| 18.15 |
2nd shuttle service to hotels |
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Friday, September 4th
Location: Università di Roma III, Facoltà di Economia,
Via S. D’Amico 77, 00145 Rome |
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| 09.00 |
Academic session 4 – The lending business: markets and instruments chairman: Javier Quesada, Universidad de Valencia and Ivie, Spain |
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Large debt financing - syndicated loans versus corporate bonds
Yener Altunbas, Bangor Business School, UK
Alper Kara, Loughborough University, UK
David Marqués-Ibáñez, European Central Bank, Germany |
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The diffusion of credit brokers in Italy - a spatial econometric analysis
Federica Poli, Università Cattolica del Sacro Cuore, Italy
Erika Teordora Uberti, Università Cattolica del Sacro Cuore, Italy |
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Determinants and effects of Venture Capital and Private Equity investments on Italian SMEs
Renato Giovannini, Università Telematica G. Marconi, Italy
Valerio Pesic, Università di Roma ''La Sapienza'', Italy
Vincenzo Capizzi, Università del Piemonte Orientale, Italy |
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The future for credit derivatives markets: The eminence of regulation
Rym Ayadi, Centre for European Policy Studies (CEPS), Belgium |
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Transparency of price conditions in the consumer credit
Massimo Caratelli, Università di Roma III, Italy |
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| 10.15 |
Academic session 5 - Corporate Governance chairman: Cesare Bisoni, Università di Modena e Reggio Emilia,
Centro Studi di Banca e Finanza , Italy |
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Comply or explain - rule or exception - An assessment of compliance with the Corporate Governance Code for Italian listed companies
Marcello Bianchi, Consob, Italy
Rossella Signoretti, Consob, Italy
Angela Ciavarella, Consob, Italy
Valerio Novembre, Consob, Italy |
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Sources of Risk and Return in Different Bank Business Models - Comparing Poland with the Global Trends
Ewa Miklaszewska, Uniwersytet Ekonomiczny w Krakowie, Poland
Katarzyna Mikolajczyk, Uniwersytet Ekonomiczny w Krakowie, Poland |
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Strategic frames in banking industry - Does board composition matter
Vincenzo Farina, Università di Roma ''Tor Vergata'', Italy
Alessandro Carretta, Università di Roma ''Tor Vergata'', Italy
Paola Schwizer, Università di Parma, Italy |
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Board determinants in banking industry
Marcos Santamaría Mariscal, Universidad de Burgos, Spain
Pablo de Andres Alonso, Universidad de Valladolid, Spain
Elena Romero Merino, Universidad Europea Miguel de Cervantes, Spain |
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| 11.15 |
Coffee break |
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| 11.30 |
Doctoral Student Session. |
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Chairman: Ted Lindblom, Göteborgs Universitet, Sweden |
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Cross Country Comparison of Efficiency in Investment Banking
Nemanja Radic, Università di Roma ''Tor vergata'', Italy
Franco Fiordelisi, Università di Roma III, Italy |
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Securitization and Bank Performance
Anna Sarkisyan , Cass Business School, City University London, UK
Barbara Casu, Cass Business School, City University London, UK |
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Are portfolio diversification criteria useful for hotel investments?
Luca Spinelli, Università di Roma ''Tor Vergata'', Italy
Claudio Giannotti, Università LUM Jean Monnet di Casamassima, Italy
Gianluca Mattarocci, Università di Roma ''Tor Vergata'', Italy |
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Are Cost and Profit Efficiencies Arising from Bank M&As Priced in the Stock Markets
Dimitris Chronopoulos, Essex Business School, UK
Claudia Girardone, Essex Business School, UK
John C. Nankervis, Essex Business School, UK |
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| 12.30 |
Academic session 6 – Efficiency and Productivity of Financial Intermediaries |
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Chairman: Santiago Carbo-Valverde, Universidad de Granada, Spain |
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Banking Progress in two Asian Giants
Shelagh Heffernan, Cass Business School, City University London, UK
Maggie Fu, University of Macau, Macau |
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Modelling risk in efficiency and productivity analysis of banking systems
Thomas Weyman Jones, Loughborough University, UK
Karligash Kenjegalieva, Loughborough University, UK
Geetha Ravishjankar, Loughborough University, U.K. |
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Credit Unions as Producers of Desirable and Undesirable Outputs - A Parametric Distance Function Analysis of Potential Efficiency Determinants
Barry Patrick Quinn, Queens University, U.K.
J. Colin Glass, University of Ulster, U.K.
Donal McKillop, Queens University, U.K. |
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Bancassurance efficiency gains in the Insurance industry: the Italian case
Ornella Ricci, Università di Roma III, Italy
Franco Fiordelisi, Università di Roma III, Italy |
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| 13.30 |
Lunch |
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| 14.30 |
Academic session 7 - Bank management, innovation and technology |
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Chairman: E.P.M. Gardener, University of Wales, Bangor, UK . |
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Financial innovation-Theoretical issues and empirical evidence in Italy and in the U.K.
Francesca Arnaboldi, Università di Milano, Italy
Bruno Rossignoli, Università di Milano, Italy |
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Exploiting Old Customers And Attracting New Ones - the Case of Bank Deposit Pricing
Francisco Rodriguez Fernandez, Universidad de Granada, Spain
Santiago Carbo-Valverde, Universidad de Granada, Spain
Timothy Hannan, Federal Reserve Board, USA |
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Traditional and R&D Investments: Are They Really Different?
Paola Brighi, Università di Bologna, Italy
Giuseppe Torluccio, Università di Bologna, Italy |
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Interbank Market And Liquidity Distribution During The Current Financial Crisis - The e-Mid Case
Gianfranco A. Vento, Università Telematica G. Marconi, Italy
Pasquale La Ganga, Banca d’Italia, Italy |
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Intellectual capital and banking's performance in the Italian banking
Gimede Gigante, Università di Roma III, Italy
Daniele Previati, Università di Roma III, Italy |
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Banks’ Operational Risk Measurement in Practice - The experience of Swedish banks' adaption to the Basel II accord.
Magnus Willesson, Växjö University, Sweden
Ted Lindblom, Göteborgs Universitet, Sweden |
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| 16.00 |
Coffee break |
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| 16.15 |
Academic session 8 – Capital Markets and Risk Management |
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Chairman: Paulo Soares de Pinho, Universidade Nova de Lisboa, Portugal |
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Unfunded Pension Liabilities & Credit Default Swap Premia
Donal McKillop, Queens University, U.K.
Ronan C. Gallagher, Queens University, U.K. |
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Profitability of momentum and reversal patterns of pan-European industries portfolio
Giuseppe Torluccio, Università di Bologna, Italy
Mario Toscano, Università di Bologna, Italy |
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Duration Analysis-An Exposé
Ted Lindblom, University of Gothenburg, Sweden
Goran Bergendahl, University of Gothenburg, Sweden |
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Biased or unbiased risk perception in the financial decision making
Caterina Lucarelli, Università Politecnica delle Marche, Italy
Gianni Brighetti, Università degli Studi di Bologna, Italy |
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A Detailed Comparison of Value at Risk in International Stock Exchanges
Sonia Benito Muela, UNED University, Spain
Pilar Abad, Universidad de Barcelona, Spain |
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| 17.30 |
Roundtable on Teaching and Learning Banking and Finance |
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Leo van Eerden, Vrije Universiteit Amsterdam, Netherlands |
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| 18.30 |
Board Meeting & Shuttle service to hotels |
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