Third Meeting on MEAFA, 21-22 Jan 2010

Description

The annual summer meeting on MEAFA brings together a multi-disciplinary audience from accounting, finance, economics and decision sciences to discuss methodological advances in applied financial analysis. This is a workshop, fully-sponsored by the Faculty of Economics and Business, that is set in a relaxed environment and aims to stimulate discussion and encourage interaction amongst participants.

The 2010 meeting will feature extended presentations from international keynote speakers and MEAFA members from the University of Sydney. To maximise feedback, each presentation includes a detailed discussant's report followed by a general discussion amongst participants.

International Presenters and Discussants

Venue

The meeting will take place at Darlington Centre, City Road, University of Sydney.

Programme

Thursday 21 January 2010

08:30

Arrival

09:00-10:30

Roger Willett, University of Otago

Multiplicative regression models of the relationship between accounting numbers and market value 1.7mb

Parameter heterogeneity in the market-accounting relation: The need for dynamic firm-level modeling in capital market research 815kb

Powerpoint slides 2.6mb

Discussant:

Mark Tippett, Loughborough University

10:30-10:45

Morning break

10:45-12:15

Maurice Peat University of Sydney
Measures of the Economic Value of Bankruptcy Probabilities

Discussant: Bob Bartels, University of Sydney

12:15-13:15

Lunch

13:15-14:45

Demetris Christodoulou, University of Sydney
A Generalised Dynamic Model of Earnings on Returns 74Kb

Discussant: Stephen Penman, Columbia University

14:45-15:00

Afternoon break

15:00-16:30

Paul Dunmore, Massey University
Half a Defence of Positive Accounting Research 483Kb

Discussant: Michael Bradbury, Massey University, NZ


Friday 22 January 2010

08:30

Arrival

09:10-10:30

Mark Tippett, Loughborough University
A Wave Function for Portfolio Returns 344Kb

Discussant: Paul Dunmore, Massey University

10:30-10:50

Morning break

10:50-12:10

Ivana Raonic, City University
Improving Disclosure Incentives for Thinly Traded Stocks by Varying the Market Microstructure 958Kb

Discussant: Roger Willett, University of Otago, NZ

12:10-13:30

Lunch

13:30-14:50

Maxwell Stevenson, University of Sydney
Predicting Australian Takeover Targets: A Logit Analysis 528Kb

Discussant: Richard Gerlach, University of Sydney

14:50-15:10

Afternoon break

15:10-16:30

Graeme Dean and Frank Clarke, University of Sydney
Ray Chambers: Unresolved Methodological Questions at the Cross-section of Accounting and Finance 184Kb

Discussant: Maurice Peat, The University of Sydney

16:30-17:00

Closing Notes