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2008 Edition
The 2008 first edition of the Conference "Private Equity and Corporate Governance" took place on the ESSEC Campus at Cergy-Pontoise on October 24 and 25, 2008.
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| Friday, October 24th |
| 8.45-9.15 |
Registration |
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| 9.15- 9.30 |
Introduction of the Conference by Pierre Tapie, Dean and President, ESSEC Business School |
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| 9.30-10.15 |
The Decision to Go Private 
Bo Becker, Harvard Business School and UIUC
Joshua Pollet, University of Illinois at Urbana-Champaign
Discussant: Gilles Chemla, Imperial College London and DRM-CNRS  |
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| 10.15-11.00 |
Lender Control and the Role of Private Equity Group Reputation in Buyout Financing 
Cem Demiroglu, Koc University
Christopher James, University of Florida
Discussant: Ulf Axelson, Stockholm School of Economics and SIFR  |
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Break |
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| 11.30-12.15 |
Going Public to Acquire: The Acquisition Motive in IPOs 
Ugur Celikyurt, University of North Carolina Chapel Hill
Merih Sevilir, University of North Carolina Chapel Hill
Anil Shivdasani, University of North Carolina Chapel Hill
Discussant: Christopher James, University of Florida  |
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Lunch |
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| 14.15-15.00 |
Too Busy to Add Value: Diseconomies of Scale in Private Equity
Florencio Lopez-de-Silanes, EDHEC
Ludovic Phalippou, University of Amsterdam
Discussant: Yaël Hochberg, Kellogg School of Management, Northwestern University  |
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| 15.00-15.45 |
Venture Capital Exit Rights 
Carsten Bienz, Norwegian School of Economics and Business Administration
Uwe Walz, University of Frankfurt
Discussant: Merih Sevilir, University of North Carolina Chapel Hill  |
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Break |
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| 16.15-17.00 |
Financial Visibility and the Decision to Go Private 
Hamid Mehran, Federal Reserve Bank of New York
Steve Peristiani, Federal Reserve Bank of New York
Discussant: Paul André, ESSEC Business School  |
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| 18.30 |
Transportation via coach |
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| 19.45-23.00 |
Conference Dinner at Royaumont Abbey (by invitation) |
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| Saturday, October 25th |
| 9.30-10.15 |
Does Private Equity Time RLBO to Exit?
Jerry Cao, Lee Kong Chian School of Business, Singapore Management University
Discussant: Marco Da Rin, Tilburg University and IGIER  |
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| 10.15-11.00 |
On the Fortunes of Stock Exchanges and Their Reversals: Evidence fromForeign Listing Waves 
Nuno Fernandes, IMD Lausanne
Mariassunta Giannetti, Stockholm School of Economics
Discussant: Ulrich Hege, HEC  |
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Break |
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| 11.30-12.15 |
Stay at Home or Go Abroad? The Impact of Fiscal and Legal Environments on the Geography of Private Equity Flows 
Andrea Schertler, Kiel University
Tereza Tykvova, ZEW Mannheim
Discussant: Pramuan Bunkanwanicha, ESCP-EAP  |
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Lunch |
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