Event Title: Limits and idiosyncrasies of public markets and public corporations.
Event Date and Time
June 21st, 2021
Start Time: 10:00AM Eastern US time
End Time: 11:30AM Eastern US time
Register here: https://us02web.zoom.us/meeting/register/tZIlduuopzooGdAFllgEuGsYPVAlf5a77qvk
Brief Description:
Are we finally seeing the beginnings of the eclipse of the public corporation, as least in its classical form? When are public markets neither efficient nor effective? Please join us in a virtual hybrid symposium on the limits and idiosyncrasies of public markets and public corporation. Our presenters include Gautam Ahuja, Mary Benner, and Paul Nary. Todd Zenger will be our discussant and a presenter. Gautam will discuss limitations of index funds as providers of corporate governance. Paul will discuss whether public corporations may underperform when transacting with private equity firms. Mary will give her overview of the literature on the limits of public equity markets and their implications for corporations. Todd will conclude with a discussion of the presentations and his own thoughts on the matter at hand.
Event Organizers
Paul Nary (Wharton) & Gwen Lee (University of Florida)
Participants:
Gautam Ahuja, Cornell University
Mary Benner, University of Minnesota
Paul Nary, Wharton
Todd Zenger, University of Utah
PRESENTERS AND PRESENTATION TITLES
Corporate Ownership and Research Risk-Taking
Gautam Ahuja, Cornell University (joint work with Casidhe Horan Troyer, London Business School)
Is it Worth it to Swim with Private Equity Sharks? Evidence on Performance of Firms Divesting to Private Equity Acquirers
Paul Nary, Wharton
An Overview of the Literature on the Limits of Public Equity Markets and the Challenges They Create for Firm Strategy and Innovation
Mary Benner, University of Minnesota
Discussant/Presenter
Todd Zenger, University of Utah
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Paul Nary
Wharton
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Paul Nary
U. of Pennsylvania
Philadelphia PA
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