Managerial Finance (An Emerald Insight Journal) Special Issue: “Legal Issues and Litigation in Modern Corporate Finance”

Guest Editors: Matteo P. Arena, Marquette University, and Stephen P. Ferris, University of Missouri

We solicit high-quality papers for the special issue of MF focusing on the topics related to legal issues and litigation in modern corporate finance.

The legal challenges faced by corporations have grown in significance in recent years. New research in this area has the potential to provide valuable information to practitioners when dealing with the new challenges created by an increasingly complex litigation environment.

TOPICS: Possible topics include, but are not limited to, the following:
– The effect of litigation risk and corporate lawsuits on firm value.
– The effect of litigation risk and corporate lawsuits on corporate financial policies.
– Litigation risk management.
– International legal issues faced by multinational corporations.
– Litigation as a corporate governance mechanism.
– Measuring the cost of corporate litigation.

PAPER SUBMISSION PROCEDURE: Papers should be submitted electronically online to Managerial Finance via its submission system (http://mc.manuscriptcentral.com/mf). Please follow the Journal submission guidelines specify that the manuscript is for the special issue in the submission process. While the submission deadline is 15 January 2016, authors are encouraged to submit their manuscripts early.

FURTHER INFORMATION: For additional information, send emails to Matteo Arena at matteo.arena@mu.edu or to Stephen Ferris at ferriss@missouri.edu

Journal of Investment Consulting Special Issue – Impact Investing

The Journal of Investment Consulting, published by Investment Management Consultants Association (IMCA), keeps investment management consultants and investment advisors abreast of new research findings in investments and private wealth management.

CALL FOR PAPERS: Papers are invited for publishing consideration from academics and qualified practitioners for a special issue dedicated to Impact Investing.

TOPICS: Impact investing is a topic that spans a wide range of perspectives, with differing views about what it entails. The lexicon of impact investing is varied and includes terms such as SRI (sustainable, responsible investing-or historically, socially responsible investing), values-based investing, ESG investing (environmental, social, and governance), sustainable investing, green investing, and thematic investing. This issue aims to provide a platform for researchers and practitioners to provide new research and developments in the area. Topics of interest for this special issue include, but are not limited to, the following:
– Impact investing and goals-based wealth management
– Integrating impact investing within the portfolio management process
– Investment analysis and valuation of impact investments
– Assessment of the impact investment sector
– Performance metrics and methodology for measuring non-financial outcomes of impact investments
– Impact investing and behavioral finance
– Risk factors and impact investing

Papers should provide the development of theory and applied research as well as new information, new ideas, and new insights on the chosen topic.

REVIEW PROCESS: A distinguished editorial advisory board consisting of acknowledged authorities and leaders in the fields of investment consulting, investment management, capital markets, fiduciary practice, wealth management, and financial planning will review submissions via double-blind review. Papers will be selected for publication based on relevancy, content, and proof of thought.

RESEARCH GRANTS: The Journal’s editorial advisory board also considers proposals for research on this topic and others, and provides up to $7,500 funding for approved proposals; the deliverable is a paper submission for publishing consideration via its blind-review process. For more information, visit http://www.IMCA.org/pages/Research-Grants

FURTHER INFORMATION: For more information about the Journal of Investment Consulting and manuscript guidelines, visit http://journalofinvestmentconsulting.org

PAPER SUBMISSION PROCEDURE: For authors who want their papers considered for Issue #1, 2016, the submission deadline is February 28, 2016; however, authors are encouraged to submit work as soon as it is ready for consideration. Please submit two versions of the paper (one version with a cover page identifying authors and an anonymous version without a cover page) via e-mail in either PDF or Word format to: Debbie Nochlin (dnochlin@imca.org), Managing Editor, Journal of Investment Consulting.

Emerging Markets Group Workshop on “Global Liquidity and its International Implications”

22 April 2016, Cass Business School, City University London

The Emerging Markets Group at Cass Business School, City University London is pleased to announce a workshop on “Global Liquidity and its International Implications”.

Presented in partnership with the European Central Bank.

KEYNOTE SPEAKER: Linda Goldberg, Director, Center for Global Banking Studies, Federal Reserve Bank of New York

CONFERENCE ORGANISERS: Kate Phylaktis (Cass Business School), Livio Stracca (ECB), Joao Sousa (ECB).

SCIENTIFIC COMMITTEE: Chiara Banti (Essex Business School); Max Bruche (Cass Business School); Matthieu Bussiere (Banque de France); Giovanni Cespa (Cass Business School); Patrick McGuire (Bank of International Settlements); Ian Marsh (Cass Business School); Lukas Menkhoff (Leibniz Universitat Hannover); Richard Payne (Cass Business School); Kate Phylaktis (Cass Business School); Lucio Sarno (Cass Business School); Maik Schmeling (Cass Business School); Joao Sousa (ECB); Livio Stracca (ECB).

CONFERENCE THEME: On behalf of the Emerging Markets Group (EMG), Cass Business School, London and the European Central Bank (ECB) the scientific committee invites authors – whether from academia, public authorities (including central banks), special interest groups or the private sector – to submit original, theoretical and empirical papers on “Global Liquidity and its International Implications” and in particular on the following issues:
– The definition and measurement of global liquidity;
– Global liquidity and the impact on:
international capital flows;
on financial, real estate and FX markets;
on monetary and financial stability;
– The relationship between standard and non-standard monetary policy and global liquidity.

PAPER SUBMISSION PROCEDURE: The deadline: for paper submission is 11 January 2016. Papers should be submitted in PDF form to: EMGECBworkshopApril2016@city.ac.uk

Authors of accepted papers for the workshop will be notified by the end of February 2016.

34th International Business Research Conference

4-5 April 2016, Imperial College London, UK

Deadlines: Submission: 29 February, 2016 and Registration: 21 March, 2016

Theme: Research for Change

Website: http://www.loncon.org/Email: educonpap@gmail.com

Theoretical and empirical papers relating to all aspects of Finance such as , Capital Markets, Financial Institutions, Options and Futures, Stock Markets, Bond Markets, Merger and Acquisition, Money Market Dealings, Global and European Debt Crisis, Corporate Governance and Micro-finance, all areas of Banking such as, International Banking, Lending Decisions and Lending Policy, Banking Law, Net Banking, Banking Regulation, Bank Management, Asset and Liability Management, Islamic Banking and contemporary issues relating to finance and banking are invited for this international conference organized by World Business Institute and London Academic Research and Publications Ltd. Please visit above website to find details information about the field of research. All papers will be blind reviewed to ensure quality and timeliness of the research. There is publication opportunity without any submission fee.

SUBMISSION, REVIEW PROCESS AND PUBLICATION OPPORTUNITIES: Please send us either abstract or full papers by 29 February 2016 via our dedicated email address: educonpap@gmail.com. Times taken to inform the review outcome is about 3 days for abstract and 7 days for full papers. Outstanding papers will be considered for publication (without any submission fee) in the Journal of Business and Policy Research, International Review of Business Papers, Global Economy and Finance Journal and World Journal of Management which are ranked by the Australian Business Deans Council (website http://www.abdc.edu.au) and indexed by EBSCO, Ulrich, and by Cabell’s Directory ( under review) and Scopus (under process), In addition, abstract and/or full papers will be included in the conference proceedings with ISBN and will be published electronically via a dedicated website, namely, http://www.wbiworldconpro.com which contains thousands of papers from previous conferences . All proceedings will be linked to Google Scholar and London Academic Research and Publications Ltd. for wider readership.

AWARD, WRITTEN FEEDBACK, CONFERENCE FEEDINGS AND REGISTRATION FEES: Best paper award will be announced soon after the conference and these papers will be published in one of international peer reviewed journals. Unlike other conferences, we will provide written feedback on each paper presented. In addition, participation certificates, payment receipt, name badge, lunch card and program book will be provided .There are several options for conference registration fees and these fees include arrival, morning and afternoon break-foods and lunch for 2 days. Registration fee starts from US$450 and please see the registration fee schedule.

FOR INTERNATIONAL PROGRAM AND REVIEW COMMITTEE AND FURTHER INFORMATION: Please click on links provided on the conference website http://www.loncon.org for details information about international Science Committee. For further enquiries please contact Nuha Jahan via email: educonpap@gmail.com

Professor Dr. Robert Clift, World Business Institute, Australia
Professor Mohammad Hoque: London Academic Research and Publications, UK

Fifth Symposium on Emerging Financial Markets: China and Beyond

May 25 & 26, 2016, Shenzhen, China

SPONSORED BY:
School of Management and Economics, Chinese University of Hong Kong, Shenzhen
Academy of Finance and Development, Peking University
Emerging Markets Institute, Cornell University
Bendheim Center for Finance, Princeton University
Guanghua School of Management, Peking University Review of Financial Studies

This symposium is intended to provide a platform for researchers to discuss fundamental research and policy issues related to emerging financial markets. Emerging economies, including China, India, Brazil, Russia, South Africa and others, have experienced rapid economic growth over the past several decades and they now constitute half of the world’s GDP. Capital markets in those countries have been developed more slowly and insufficiently to fund the expanding growth opportunities. Further, uneven quality domestic institutions impede external capital from satisfying that unmet demand for capital. With these challenges, there has been a growing research interest in using the unique institutional settings and rich data sources in emerging economies to study a range of fundamental questions in finance.

TOPICS: We welcome research in all aspects of emerging financial markets. Possible topics include (but are not restricted to):
– The unique roles of government and the legal system protecting investors in emerging economies offer new data on corporate governance, organizational form, political economy, and economic performance.
– Capital markets in emerging economies, dominated by individual investors and frequently affected by speculative episodes, offer unique opportunities to study speculative trading, asset price bubbles, and many other issues related to behavioral finance and investor protection.
– The rapid development of financial institutions in recent years provides opportunities to study financial development and its impact on the real economy.
– Housing booms and near collapses offer unparalleled opportunities to study how banks, government stimulus and other sociological factors such as rising inequality and lack of savings vehicles impact the real estate sectors and asset markets.
– The vibrant private equity industry provides a new ground for studying entrepreneurship and technology innovations in a transitional economy.

CO-CHAIRS OF THE SYMPOSIUM:
– Yu-Jane Liu: Guanghua School of Management, Peking University
– Wei Xiong: Princeton University & CUHK, Shenzhen
– Jianfeng Yu: University of Minnesota & CUHK, Shenzhen

SPONSORING RFS EDITOR OF THE SYMPOSIUM: Andrew Karolyi: Cornell University, and Executive Editor, Review of Financial Studies

PROGRAM COMMITTEE MEMBERS:
– Franklin Allen, University of Pennsylvania
– Jennifer Carpenter, New York University
– Yongheng Deng, National University of Singapore
– Joseph Fan, Chinese University of Hong Kong
– Joseph Gyourko, University of Pennsylvania
– Bing Han, University of Toronto
– David Hirshleifer, University of California, Irvine
– Harrison Hong, Princeton University
– Kewei Hou, Ohio State University
– Tim Jenkinson, Oxford University
– Wei Jiang, Columbia University
– Li Jin, Peking University and Oxford University
– Luc Laeven, International Monetary Fund
– Kai Li, University of British Columbia
– Karl Lins, University of Utah
– Qiao Liu, Peking University
– Terrance Odean, University of California, Berkeley
– Lin Peng, City University of New York
– Jun Qian, Boston College
– Jay Ritter, University of Florida
– Sergio Schmukler, World Bank
– Michael Song, Chinese University of Hong Kong
– Frank Warnock, University of Virginia
– John Wei, Hong Kong University of Science and Technology
– Daniel Wolfenzon, Columbia University
– Adrien Verdelhan, Massachusetts Institute of Technology
– Bernard Yeung, National University of Singapore
– Jialin Yu, Hong Kong University of Science and Technology
– Xiaoyan Zhang, Purdue University
– Ning Zhu, Shanghai Advanced Institute of Finance

PAPER SUBMISSION PROCEDURE: Submit an electronic version of the paper in PDF format no later than February 15, 2016 through the conference web page: http://www.scfm.org.cn/en. (The submission window will be open after December 15, 2015.) Paper selection will be finalized by April 2016.

Review of Financial Studies Dual Submission Option: Submissions to the conference can also be submitted to the Review of Financial Studies under its dual review system, with the same submission deadline of February 15, 2016. Authors must indicate on the conference submission website whether they are interested to have their paper considered under this dual review option with the RFS that works as follows:
– There is no charge for submissions under this program.
– Dual submissions will be reviewed by the conference program committee and will be made available for consideration by the RFS.
– Papers submitted for dual consideration must not be under review at another journal or the RFS, including as a dual-submission at another journal, nor can they be considered for dual submission if previously rejected by the RFS.
– At the discretion of the symposium’s sponsoring editor of the RFS, dual submissions will be sent out for a formal referee report. If such a report is sought, then the paper’s author will receive a copy of the RFS reviewer’s report.
– Papers rejected at any stage of the dual review process are not considered to have been “rejected” at the RFS. This also applies to articles sent out for formal review. Thus authors are permitted to submit a future version of their paper (unchanged if they wish) to the RFS without prejudice.
– While under consideration by the conference and the RFS, a paper may not be submitted to another journal (or the RFS) until the author has been notified.

VENUE: School of Management and Economics, Chinese University of Hong Kong, Shenzhen

ABOUT CUHK: CUHK (Shenzhen) is a newly established campus of Chinese University of Hong Kong: (see http://www.cuhk.edu.cn/en for more information). Shenzhen is one of the four first-tier cities in China, together with Beijing, Shanghai and Guangzhou. It was one of the first Special Economic Zones where Chinese economic reform started 35 years ago. Now known as China’s Silicon Valley, it is home to many of the most recognizable Chinese private, high-tech firms such as Tencent and Huawei, as well as Shenzhen Stock Exchange. Shenzhen is located just north of Hong Kong, only one hour away from Hong Kong airport by car. If you have not been to Shenzhen, it is an excellent window for a first-hand view of the vibrant private economy of China, and it promises to be a very different experience from visiting Beijing and Shanghai.

European Accounting Review Special Issue: New Directions in Earnings Management and Financial Statement Fraud Research

European Accounting Review invites manuscripts for a Special issue on New directions in earnings management and financial statement fraud research.

GUEST EDITORS:
Ignace de Beelde – Ghent University, Ghent, Belgium
Messod Beneish – Indiana University, Bloomington, USA

This issue proposes to advance our understanding of the nature, extent and measurement of managerial discretion over financial reporting, and of the incentives, opportunities, and rationalizations that result in financial statement fraud. We propose to do so by studying actual cases of fraud: these are firms that have been indicted or admitted to having manipulated earnings. In a US context, such firms restate to correct the misreported financial statements. However, in other jurisdictions, such restatements are less frequent and reporting by fraudulent companies is often unexplored. We especially encourage submissions that study cases from such jurisdictions.

An in-depth investigation of actual discretion over financial reporting is warranted for two reasons: first to understand the context in which it occurs and its pervasiveness, and second, to seek validation of the ‘discretionary’ predictions from accrual expectation models. The use of an accrual expectation model has given researchers ‘license’ to interpret their results as coming from managers’ exercise of discretion over financial reporting. But the explanatory power of the expectation models is low, meaning that the resulting measurements are imprecise, and the results that are obtained using prediction errors from accrual expectation models are typically no different from those that would be obtained if researchers simply used the raw accrual construct. The problem then is that the license to make inferences about discretion is lost. Studying actual cases of fraud is a good way to assess the external validity of accrual models as we can assume ex post that earnings were managed. Although typically preferable, we do not envision large samples: the validation tests could focus on the nature and limits of discretion in a particular industry, or even on the time-series behavior of discretion at a particular firm.

Although incentives for financial statement fraud have been widely studied, we know much less about the opportunities and rationalizations that result in financial statement fraud. Thus, we encourage studies on the impact of corporate governance characteristics on committing financial statement fraud.

TOPICS: Research topics appropriate for this special issue would include, but not be limited to, the following:
– External validity of accrual models and models predicting earnings misreporting
– Accruals and earnings management in actual fraud cases (e.g., where firms are charged with accounting fraud by regulators or publicly admit fraudulent misreporting)
– The nature and limits of discretion in a particular industry
– The role of formal and/or informal networks in companies in committing financial statement fraud
– The impact of one’s social environment on the likelihood of fraudulent behavior
– The psychology of the fraudster in cases of financial statement fraud
– The impact of the control environment and internal control on the occurrence of fraud
– Moral justification of financial statement fraud
– Cross-cultural differences with respect to financial statement fraud
– The impact of regulation and disclosure on financial statement fraud

Following the EAR policy of openness and flexibility regarding methodologies and styles of conducting research, papers using analytical approaches (including both mathematical modeling and qualitative reasoning), field study methods (including case study research), history, experimentation, surveys and empirical-archival methods will be considered.

Papers submitted to this special section will be subject to a double blind review process. Authors are encouraged to contact the guest editors in advance should there be any matters on which they require clarification or guidance (Ignace.DeBeelde@UGent.be and dbeneish@indiana.edu).

Authors should strictly follow EAR submission guidelines which can be found at: http://www.tandf.co.uk/journals/authors/rearauth.asp. Submissions in electronic format (MSWord) should be made at https://mc.manuscriptcentral.com/rear

The deadline for submissions is December 31, 2016.

There are plans to hold an EAR Symposium on the topic at the 2016 European Accounting Association Annual Meeting in Maastricht on May 12, 2016.

FIRN UTS Market Microstructure Meeting

April 7-8, 2016, Sydney, Australia

Submission Deadline: January 20, 2016

MEETING OVERVIEW: The Financial Research Network (FIRN) and the University of Technology Sydney (UTS) are holding a Market Microstructure Meeting on April 7-8, 2016 in Sydney, Australia. The theme of the Meeting is “Market Microstructure: Where are we headed?” covering recent developments in the field and forward-looking perspectives. The Meeting format will include several paper presentations and discussions, a panel discussion, and a social function. The panel discussion theme is “Market microstructure in the high frequency era”, featuring lead panellist Maureen O’Hara (Cornell University and University of Technology Sydney) and panellists Ekkehart Boehmer (Singapore Management University), Austin Gerig (United States Securities and Exchange Commission), and Joseph Barbara (Australian Securities and Investments Commission).

PAPER SUBMISSION PROCEDURE: The Meeting invites submission of full papers on any current theme in market microstructure. Discussants will be provided for all papers. Presenters will be notified by January 29, 2016. There are no fees to submit or present at the conference. Presenters of accepted papers will receive a substantial contribution to the costs of travel and accommodation. Paper presenters do not have to discuss any papers. Please send paper submissions to the Meeting chair: Talis Putnins at Talis.Putnins@uts.edu.au

Third Annual Conference on Financial Market Regulation

May 12-13, 2016, Securities and Exchange Commission, Washington DC

The conference will begin with an optional dinner on Thursday, May 12, 2016. Papers will be presented on Friday, May 13.

The SEC’s Division of Economic and Risk Analysis (DERA), Lehigh’s Center for Financial Services Studies, UMD’s Center for Financial Policy and the CFA Institute will jointly host a third annual conference on the regulation of financial markets. The goal of the conference is to bring together participants from academia and the SEC for an exchange of views on topics of relevance to the Commission. The goal is to select two papers in each of four broad topic areas: corporate finance, market microstructure, financial intermediation and asset management. Possible topics include, but are not limited to, the implementation of the Dodd-Frank Act, the JOBS Act, disclosure, securities market structure, market-based finance, corporate governance, broker-dealers, investment advisers, credit rating agencies, securities offerings, and bond markets. Preference will be given to papers that use data and/or information from filings disseminated by the SEC or whose topic directly relates to the mission of the SEC.

PAPER SUBMISSION PROCEDURE: The deadline for paper submissions is February 1, 2016 and authors of accepted papers will be notified by the beginning of March. There is no participation fee. Some travel reimbursement will be offered to presenters and discussants. Please submit papers as “pdf” attachments in an email sent to inseccon@lehigh.edu and name the file “yourlastname.abbreviatedtitle.pdf”.

CONFERENCE ORGANIZERS: For additional information, please contact the conference organizers:
Kathleen Weiss Hanley (610)758-3432 kwh315@lehigh.edu
Jennifer Marietta-Westberg (202) 551-6659 westbergj@sec.gov
Russ Wermers (301) 405-0572 wermers@umd.edu

Submission Deadline February 1, 2016

2016 China International Conference in Finance

July 7-10, 2016 Xiamen, China

The China International Conference in Finance (CICF) provides an open platform to bring together scholars worldwide to present current research and stimulate exchanges on new developments in finance. Over the years, CICF has grown to be one of the leading conferences in financial research in the world. The next conference will be held from July 7 to July 10, 2016 in the beautiful coastal city of Xiamen.

TOPICS: Papers in all areas of finance are welcome. The conference follows the format of major international conferences, with additional special sessions focusing on issues relevant to the financial development in China and other Asia-Pacific countries.

FOUNDING ORGANIZERS:
Sloan School of Management, MIT
China Center for Financial Research (CCFR), Tsinghua University

CO-ORGANIZERS:
Shanghai Advanced Institute of Finance (SAIF), Shanghai Jiao Tong University
School of Economics/WISE, Xiamen University

KEYNOTE SPEAKER: Professor Rene Stulz, Ohio State University

BEST PAPER AWARDS:
Yihong Xia Best Paper Awards (2, US$1,000 each) for promising young scholars, sponsored by Friends of Yihong Xia
CICF Best Paper Awards (3, US$1,000 each), sponsored by the conference

PAPER SUBMISSION PROCEDURE: Authors are invited to submit completed papers. Papers will be selected by the Program Committee consisting of a panel of international scholars. Please submit your papers in electronic format (PDF files only) to: http://www.cicfconf.org/submission.php

Paper submission deadline: February 15, 2016.

The submitting authors will be notified of the Program Committee’s decision by April 15, 2016.

CONFERENCE WEBSITE: http://www.cicfconf.org

CONFERENCE CHAIR: Jiang Wang, Massachusetts Institute of Technology

PROGRAM COMMITTEE CHAIR: Bing Han, University of Toronto

PROGRAM COMMITTEE CO-CHAIRS:
Craig Doidge, University of Toronto
Jennifer Huang, Cheung Kong Graduate School of Business

CONFERENCE CONTACT: Email: contact@cicfconf.org

43rd EFA Annual Meeting

August 17-20, 2016, Oslo Norway

Members and friends of the European Finance Association (EFA) are welcome to submit research papers for the 43rd EFA Annual Meeting that will be held at BI Norwegian Business School, August 17-20, 2016. Papers on any topic related to finance can be submitted. Papers that have already been presented at major conferences such as the AFA or WFA will be given a lower priority. Also please note that the submitted paper should not have been accepted (or conditionally accepted) at a journal. Each author is restricted to one submission.

PAPER SUBMISSION PROCEDURE: The submission system is open. Papers should be electronically submitted through the EFA 2016 website http://www.efa2016.org/call-papers.

The deadline for submissions is Tuesday, February 2, 2016, at 1:00 p.m. (13:00 hrs.) Central European Time (CET).

REVIEWING PROCESS: Papers will be anonymously reviewed by multiple members of the Program Committee. Authors will be notified of the Program Committee’s decision in April 2016. Authors of accepted papers are expected to attend the entire conference and be available to serve as session chairs or discussants.

The final EFA 2016 program will be available in June 2016.

More information about paper submission and the conference is available at http://www.efa2016.org