Workshop on Corporate Governance and Executive Compensation
University of Mannheim, June 14, 2007
L9, 1-2, 68131 Mannheim, Room 4.09
Program
There are two types of presentations: Presentations of completed working papers (60 minutes including discussion) and presentations of new ideas where no working paper is available yet (40 minutes including discussion). The names and affiliations of the presenting authors are printed in bold.
| 8.25-8.30 | Welcome (Ernst Maug) | |
| 8.30-10.30 | Session 1: Internal capital allocation and stock options | |
Chair: Ingolf Dittmann (Erasmus University) | ||
Markus Glaser (University of Mannheim) | ||
Flora Yu Kuang (Tilburg University) | Performance-vested stock options and earnings management | |
| 10.30-10.45 | Coffee break | |
| 10.45-12.45 | Session 2: Stock options | |
| Chair: Roman Inderst (London School of Economics and University of Frankfurt) | ||
Oliver Spalt (University of Mannheim) | Do Employees Perceive Stock Options As Lottery Tickets? | |
Ingolf Dittmann (Erasmus University) | Can investment incentives explain executive stock options? | |
Daniel Klein (University of Mannheim) | ||
| 12.45-14.15 | Lunch break at ZEW (Room “Hamburg”) | |
| 14.15-15.55 | Session 3: Stock options and insider trading | |
| Chair: Ernst Maug (University of Mannheim) | ||
Manuel Klein | Endogenous Default, Optimal Capital Structure, and | |
Christoph Schneider | Insider trading in Germany | |
| 15.55-16.25 | Coffee break | |
| 16.25-17.30 | Session 4: Keynote speech | |
| Chair: Ernst Maug (University of Mannheim) | ||
David Yermack (New York University) | ||
| 17.30-18.30 | Session 5: Capital structure | |
| Chair: David Yermack (New York University) | ||
Ingolf Dittmann (Erasmus University) | ||
| 18.30 | Dinner at “La Fenice” (N3, 5) | |
