Dear Colleagues and Friends,
We are very pleased to invite you to the IFABS Corporate Finance Conference, which will be hosted by Saïd Business School, University of Oxford, United Kingdom, on 12-13 September, 2015.
The International Finance and Banking Society (IFABS) Conferences aims to provide a forum for discussion and critical analysis of the major financial and banking challenges and networking amongst academics, policy-makers, research students and practitioners.
Founded in 2008 in the United Kingdom, IFABS, with over 3,500 members from over 60 countries, is one of the world's leading organizations dedicated to the promotion of research in banking and finance. The Society is recognised for the top quality research meetings and conferences it organises throughout the world.
The last two decades witnessed the globalization of markets leading to the internationalization of firms on an unprecedented scale across different countries. Governments removed barriers to entry in almost every front of business which helped the markets to be globally connected and encouraged firms to internationalize themselves via various means. Moreover, there has been a shift of international standards of accounting towards IFRS reforms in the internal corporate governance laws by various countries. The creation of new financial markets or adaptation of existing ones to conform to international norms had certainly contributed to the uniformity of standards for judging and comparing performance of firms across economies. All such events had a direct impact on firms’ choice of corporate governance structure and on their willingness to align themselves to better governance systems and to migrate to better monitoring regimes.
While the large body of early work on corporate governance shows that the internationalization of firms in globalized markets brought about changes in the governance, valuation and functioning of firms, the results are not uniform across countries. This could be due to the fact that internationalization, globalization and the attendant forces that bring uniformity in markets, do not operate in a vacuum but in a symbiotic interaction with institutions like the political system, income or wealth distribution. Indigenous institutions particular to a country’s history which may not be easily malleable or may not have the inner flexibility to change along with the speed of changes brought about by the integration of global financial or product markets.
The conference theme addresses many dimensions of corporate governance, reflecting the complex interactions between country specific institutions, political systems and global markets along with their impact on the structure of governance, patterns of financing and nature of investment decisions of firms.
We would like to invite the submission of papers relating to all aspects of corporate finance in particular both theoretical and empirical papers are encouraged in the following areas:
• Political system, institutions and structure of corporate governance
• Succession in family firms, the structure of control and the valuation of firms
• Dual class shares and internationalization of family based firms
• Corruption and finance
• Indigenous financing networks and access to financing of firms
• Labour laws, unions and impact on financing decision of firms
• Innovations by firms and political connections (or no connections)
• Risk, entrepreneurship and evolution of venture capital
• Cross border acquisitions, political influence and structure of financing
• Movement of foreign institutional investment and volatility of markets
• Traders and market micro structure and adoption of new technology and institutional changes
• The governance role of hedge funds and private equity in emerging markets
The deadline for submission of completed papers (preferably), or very detailed abstracts, is 31st July 2015. Kindly use the ConfTool system to submit your paper at www.conftool.com/ifabs2015-oxford
SPECIAL ISSUE IN JOURNAL OF CORPORATE FINANCE
A special issue of the Journal of Corporate Finance on the conference theme will be published under the guest editorship of Thomas Noe (University of Oxford), Sanjay Banerji (University of Nottingham), Meryem Duygun (University of Hull) and Mohamed Shaban (University of Sheffield).
Authors whose papers are accepted for presentation at the conference are encouraged to submit their papers to the Journal of Corporate Finance special issue. Papers submitted to the special issue should be submitted through the Journal of Corporate Finance website between 30 September, 2015 and 31 January, 2016. The journal’s usual submission fee will apply. Papers should be original work not previously published and not being considered for publication elsewhere. Acceptance to the conference does not guarantee publication in JCF and is subject to successfully addressing comments by referees and co-editors.
BEST PAPER AWARDS
In line with the IFABS tradition, the best paper drawn from the papers presented at the conference will be awarded the IFABS Best Paper Award.
The Conference chairs welcome proposals for special sessions, roundtables and panels. Please email your proposals to firstname.lastname@example.org by 1st July 2015.
We look forward to seeing you in Oxford, UK.
IFABS 2015 Oxford Conference Chairs:
Thomas Noe (University of Oxford)
Sanjay Banerji (University of Nottingham)
Meryem Duygun (University of Hull)
Mohamed Shaban (University of Sheffield)