Program
Day 1, April 26
13:00 Registration & Lunch
14:00 Symposium
Welcome remarks Lars Strannegård, President, Stockholm School of Economics
Programmatic M&A: Building a business through sequential acquisitions
Key note speakers Moni Miyashita (Partner Innosight, formerly VP of M&A IBM) and Gordon Phillips (USC Marshall)
Panel discussion to follow
De-biasing M&A decision making: Ensuring M&A decisions are sound and free from institutional biases
Key note speakers Rima Qureshi (CSO Ericsson) and Ulrike Malmendier (UC Berkeley)
Panel discussion to follow
18:00 Cocktails & Dinner
Day 2, April 27
08:30-09:15 The Making of Hawks and Doves
Presenter: Ulrike Malmendier (Berkeley)
Discussant: David Robinson (Duke)
09:30-10:15 Flexible Prices and Leverage
Presenter: Francesco D’Acunto (Maryland)
Discussant: Laurent Bach (SSE)
10:15-10:30 Break
10:30-11:15 The Decreasing Returns of Serial Acquirers around the World
Presenter: Andrew Karolyi (Cornell)
Discussant: Julien Sauvagnat (Bocconi)
11:15-12:00 Corporate Culture and M&A
Presenter: Franco Fiordelisi (Rome)
Discussant: Vikrant Vig (LBS)
12:00-13:00 Lunch
13:00-13:45 Labor-induced Technological Change: Evidence from Doing Business in China
Presenter: Elena Simintzi (UBC)
Discussant: Ramin Baghai (SSE)
13:45- 14:30 Playing it Safe? Managerial Preferences, Risk, and Agency Conflicts
Presenter: Todd Gormley (Wharton)
Discussant: Oliver Spalt (Tilburg)
14:30-15:00 Break
15:00-15:45 The Human Factor in Acquisitions: Cross-industry Labor Mobility and Corporate Diversification
Presenter: Geoffrey Tate (North Carolina)
Discussant: Daniel Metzger (SSE)
15:45-16:30 Why Does Size Matter So Much For Bidder Announcement Returns?
Presenter: Christoph Schneider (Mannheim)
Discussant: Dong Yan (SSE)
16:30-17:15 Merger Integration and Merger Success
Presenter: Gordon Philips (Dartmouth)
Discussant: Mariassunta Giannetti (SSE)