December 16, 2012 (Sunday)

19:00 - 22:00 Welcome Reception at UC Bistro

Day1: December 17, 2012 (Monday)

Venue: Lung Kai Lam Theatre (Rm 6602) (Lifts 31-32, 6th Floor)

08:30 - 08:45 Tea and Refreshments

Moderator: Shiheng Wang, HKUST

08:45 - 09:00 Dean's Welcome and Remarks from the Conference Organizing Committee
Leonard Cheng, Dean, HKUST
Kevin Chen, Head of Accounting Department, HKUST

09:00 - 10:00

Financial Information and Corporate Investments
Keynote speech by Professor S. P. Kothari, MIT

10:00 - 10:15 Tea Break
10:15 - 11:15 How do Earnings Manipulators Guide Investors?
by Mei Fung, Weili Ge, Chan Li and Nandu J. Nagarajan
Presenter: Weili Ge, University of Washington
Discussant: Anup Srivastava, Northwestern University
11:15 - 12:15 Accounting Comparability, Investor Sophistication, and Contagion Effects
by John Campbell and Eric Yeung
Presenter: Eric Yueng, Cornell University
Discussant: Karthik Balakrishnan, The Wharton School, University of Pennsylvania
12:15 - 14:00 Lunch at UC Bistro
Moderator: Haifeng You, HKUST
14:00 - 15:00 Perceived Bank Competition, Operational Decision-Making, and Bank Stability
by Robert Bushman, Bradley Hendricks and Christopher Williams
Presenter: Christopher Williams, University of Michigan
Discussant: Jieying Zhang, University of Southern California
15:00 - 16:00 Dynamic Threshold Values in Earnings-Based Covenants
by Ningzhong Li, Florin Vasvari and Regina Wittenberg-Moerman
Presenter: Ningzhong Li, University of Texas at Dallas
Discussant: Scott Liao, University of Toronto
16:00 - 16:15 Tea Break
16:15 - 17:15 Analyst/ Investor Days as a Disclosure Medium
by Marcus Kirk and Stanimir Markov
Presenter: Stanimir Markov, University of Texas at Dallas
Discussant: Oliver Zhen Li, National University of Singapore
17:35 Seafood Dinner at Sai Kung 

Day 2: December 18, 2012 (Tuesday)

Venue: Lung Kai Lam Theatre (Rm 6602) (Lifts 31-32, 6th Floor) 

08:45 - 09:00 Tea and Refreshments
Moderator: Allen Huang, HKUST
09:00 - 10:00 The Effect of Foreign Institutional Investment on Financial Reporting Comparability
by Vivian Fang, Mark Maffett and Bohui Zhang
Presenter: Vivian Fang, University of Minnesota
Discussant: Elizabeth Gordon, Temple University
10:00 - 11:00 Dividend Payouts and Information Shocks
by Luzi Hail, Ahmed Tahoun and Clare Wang
Presenter: Clare Wang, Northwestern University
Discussant: Mingyi Hung, HKUST and USC
11:00 - 11:15 Tea Break
11:15 - 12:15 Fundamental Analysis and Option Returns
by Theodore Goodman, Monica Neamtiu and Frank Zhang
Presenter: Frank Zhang, Yale University
Discussant: Hai Lu, University of Toronto
12:15 - 14:00 Lunch at China Gardent Restaurant (G/F)