Research Seminars

Finance

Speaker: Julien Cujean

6 December 2018 - T104 - From 2:00 pm to 3:15 pm


Finance

Speaker: Andres Liberman

29 November 2018 - T004 - From 2:00 pm to 3:15 pm


Finance

Speaker: John Zhu

22 November 2018 - T004 - From 2:00 pm to 3:15 pm


Finance

Speaker: Vicente Cunat

15 November 2018 - T105 - From 2:00 pm to 3:15 pm


Finance

Speaker: Claire Celerier

8 November 2018 - T104 - From 2:00 pm to 3:15 pm


TBD

Accounting & Management Control

Speaker: Paul Pronobis
ESCP Europe Business School

19 October 2018 - HEC Paris - Room T004 - From 2:00 pm to 4:00 pm


Personal Initiative Training: Theory, Empirical Evidence, and Where to Go

Management & Human Resources

Speaker: Michael FRESE
National University of Singapore, Business School and Leuphana University of Lueneburg, Germany

12 October 2018 - T201 - From 1:30 pm to 3:00 pm

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THE CAPM HOLDS

Finance

Speaker: Michael Hasler

11 October 2018 - T104 - From 2:00 pm to 3:15 pm

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Under some realistic condition, the conditional risk premium of an asset is equal to its conditional market beta times the conditional risk premium of the market (Merton, 1972). We empirically test this CAPM relationship using beta-sorted portfolios, size-and-book-to-market sorted portfolios, and industry portfolios. We show that regressing an asset excess return onto the product of its conditional beta and the market excess return yields an R2 of about 80%, an intercept of zero, and a slope of one. These results provide strong evidence that a single factor explains both the level and the variation in the cross-section of returns.

The Visual Judgment of Performance

Management & Human Resources

Speaker: Chia-Jung TSAY
UCL School of Management

5 October 2018 - Bernard Ramanantsoa room - From 10:00 am to 11:30 am


Social judgments and impressions are often made on the basis of minimal information. In the domain of music, people consistently report that the most important source of information in evaluating performance is sound; nonetheless, a first set of experiments demonstrated that people actually rely on visual information when making judgments about music performance. These findings were extended through additional sets of studies elaborating on the generalizability and persistence of these effects, such as in the judgment of entrepreneurial pitch competitions, analyst forecasts of firm performance, and in service operations in the food industry. Works in progress discuss the role of expertise in decision making and implications for organizational performance.

Finance

Speaker: Cecilia Bustamante

4 October 2018 - T004 - From 2:00 pm to 3:15 pm



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