P: Accounting, Economics, and Law

Thursday, 2 July 2015

Thursday | Friday | Saturday | top

8:30 AM-10:00 AM


P-02
Corporate Governance and Financialisation (I): Theoretical Perspectives
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Shyam Sunder, Yale School of Management

Participants:
The Post-World War II Transformations of the Large Corporation Facing Financialization
Olivier Weinstein, University Paris 13 Sorbonne Paris Cité
Innovative Enterprise and Shareholder Value
William Lazonick, University of Massachusetts Lowell

10:15 AM-11:45 AM


P-03
Author Meets Critics: "The Power of Inaction. Bank Bailouts in Comparison" By Cornelia Woll (Cornell U Press 2014)
P: Accounting, Economics, and Law

Critics: Philippe Moutot, European Central Bank; Raphael Reinke, Zurich University; Matthias Thiemann, Frankfurt University; Arthur Wilmarth, George Washington University Law School
Book Author: Cornelia Woll, Sciences Po
Session Organizer: Yuri Biondi, Cnrs - ESCP Europe


P-04
The Fabric of Accounting Standards: The Case of International Financial Reporting Standards (IFRS)
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Shyam Sunder, Yale School of Management

Participants:
Fair Value Measurement : A Bergson's “False Problem” ?
Veronique Blum, Univ Grenoble Alpes; Emmanuel Laffort, UPPA
Financialisation and Accounting Standard-Setting: The Case of Narrative Reporting
Yasmine Chahed, London School of Economics and Political Science
The Political Economy of International Standard Setting in Financial Reporting: A US Perspective on the Adoption of IFRS Across the World
Zehra G Kavame Eroglu, Fordham University School of Law

2:15 PM-3:45 PM


P-05
Reporting for Corporate Social Responsibility: Case Studies and Perspectives
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Nihel Chabrak, United Arab Emirates University - Collge of Business and Economics

Participants:
Promoting Corporate Social Responsibility and Sustainability: A Model of Integrity. Evidences from the United Arab Emirates
Nihel Chabrak, United Arab Emirates University - Collge of Business and Economics; Rabab Abdulameer Merza Abdulhusain Ali, United Arab Emirates University - College of Business & Economics
Sustainable Development or Business Sustainability? a Luhmanian Analysis of Integrated Reporting
Veronique Blum, Univ Grenoble Alpes; David Alexander, birmingham business school
How Banking Sector Changes Moral Values into Valuable Instruments ?
Bihr Marie-Hélène, IAE -UMPF; Laurence Gialdini, SKEMA Business School-Université de Lille

P-06
Corporate Governance and Financialisation (II): Legal-Economic Case Studies from UK and Norway
P: Accounting, Economics, and Law

Discussants: Konstantinos Sergakis, University of Bristol; Yuri Biondi, CNRS - ESCP Europe
Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Thomas Clarke, University of Technology Sydney

Participants:
Corporate Governance in Norway: Regulation and Practice
Jenni Maria Nossum, University of Oslo, Faculty of Law
Enabling Corporate Social Responsibility and Stakeholder Representation in UK Companies: Towards Institutional Variety
Andreas Kokkinis, University of Warwick

4:00 PM-5:30 PM


P-07
Public Sector Accounting and Finances: How to Account for Deficit Spending?
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Arnaldo Canziani, University of Brescia - Department of Law

Participants:
A Delegation-Based View of Accountability in Public Sector Accounting: Implications for European Public Sector Accounting Standards (EPSAS)
Annemarie Conrath-Hargreaves, European University Viadrina
Unification, Wars, Deficit Spending: Italy's Public Accounts 1861-2011
Renato Camodeca, University of Brescia - Department of Economics and Management; Arnaldo Canziani, University of Brescia - Department of Law
Needs and Prospects for Public Sector Accounting Reform:the Japanese Experience
Hideki Fujii, Kyoto University
Short-Term Impact of Advanced PFM-Systems: Cross-Sectional Evidence from Swiss Sub-National Level
Sandro Fuchs, Institute of Public Management

P-08
Corporate Governance and Financialisation (III): Challenging the Shareholder Value Model
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: William Lazonick, University of Massachusetts Lowell

Participants:
Financialisation and Maximising Shareholder Value: The Intensification of Accumulation and Inequality
Thomas Clarke, UTS Sydney; Martijn Boersma, UTS Sydney
The Political Influence of Neo-Classical Economists: How Governance-Related Ideas Connect the Power of Ideas and the Power of Profession
Ronen Mandelkern, The Van Leer Jerusalem Institute
Financialized Corporate Governance and Inequality
Jeroen Veldman, Cass Business School, City University; Hugh Willmott, Cass Business School, City University

Friday, 3 July 2015

Thursday | Friday | Saturday | top

8:30 AM-10:00 AM


P-09
Financial Actors and Institutions (I): Accounting Issues
P: Accounting, Economics, and Law

Discussant: Yuri Biondi, CNRS - ESCP Europe
Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Shyam Sunder, Yale School of Management

Participants:
How the U.S. Securities and Exchange Commission Encourages Stock-Market Manipulation, and Why It Undermines the Performance of the Economy
William Lazonick, University of Massachusetts Lowell; Ken Jacobson, The Academic-Industry Research Network
The Endogeneity of Law and the Constitution of the German Leasing Market: A Field-Level Perspective
Jan Friedrich, Goethe Universitaet; Matthias Thiemann, Goethe Universitaet Frankfurt

P-10
Auditing (I): Institutional Perspectives
P: Accounting, Economics, and Law

Session Organizer: Yuri Biondi, CNRS - ESCP Europe
Moderator: Richard Henry Macve, LSE

Participants:
The Future Structure of the Global Accounting and Auditing Profession: Western and Chinese Perspectives
Richard Henry Macve, LSE; Shuwen Deng, SSE
The Beautiful Audit and the Useful Audit Systems of Worth: The Viewpoints of Big Four and Non-Big Four Audit Firms on Audit Quality
Marion Brivot, Université Laval; Mélanie Roussy, Université Laval
The Failure of Professional Networks to Detect and Expose Corporate Corruption
Claudia Gabbioneta, Newcastle University

10:15 AM-11:45 AM


P-11
Financial Actors and Institutions (II): Social Construction of Value
P: Accounting, Economics, and Law

Discussant: Shyam Sunder, Yale School of Management
Session Organizer: Yuri Biondi, CNRS - ESCP Europe
Moderator: Thierry Kirat, IRISSO / CNRS - University PARIS DAUPHINE

Participants:
How Social Categories Affect Market Prices
Sheen Levine, The University of Texas at Dallas
Conflicted Calculations: Climate Change and the Mapping and Pricing of Flood Risk in New York City
Rebecca Elliott, UC Berkeley

P-12
Auditing (II): Implementation Issues in Developing Countries
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Yousuf Kamal, University of Dhaka

Participants:
Stakeholders' Perceptions about Social Audit; Does It Works in the Developing Country Context?
Yousuf Kamal, University of Dhaka
Models of Economics Development and Accounting Practices in Colombia
Aida Patricia Calvo, Universidad Nacional de Colombia
Audit Committee Financial Expertise and Audit Report Lag: Malaysia Further Insights
Zalailah Salleh, Universiti Malaysia Terengganu; Saeed Rabea Ali Baatwah, Hadhramout University; Norsiah Ahmad, Universiti Sultan Zainal Abidin
The Effect of Governance on the Valuation of Related Party Transactions: Evidence from East Asia
Akmalia Ariff, Universiti Malaysia Terengganu

2:15 PM-3:45 PM


P-13
Financial Actors and Institutions (III): Rise and Shortcomings of International Finance
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Jean-Baptiste Pons, Mines Paristech

Participants:
Framing International Finance and Its Regulation : The Pioneering Experience of the Euromarkets
Jean-Baptiste Pons, Mines Paristech
From the Hybridisation of the French Banking Model to the Rise of Global Leaders: The French State's Key Role in Developing Asset Management
Nicolas Bedu, GREThA, University of Bordeaux; Caroline Granier, GREThA, University of Bordeaux
Consumption and Credit in Run-up to Crisis and in the Efforts to Overcome Recession
Maria Lissowska, Warsaw School of Economics

P-14
Auditing (III): Regulatory Architectures
P: Accounting, Economics, and Law

Discussant: Richard Henry Macve, LSE
Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Shyam Sunder, Yale School of Management

Participants:
Lawyers, Accountants and Financial Analysts. the “Architects” of the New EU Regime of Corporate Accountability.
David Monciardini, Exeter University, Business School
The Accounting Court: Some Speculations on Why Not?
Gary Kleinman, Montclair State University; Pamela Jean Strickland, Methodist University; Asokan Anandarajan, New Jersey Institute of Technology

4:00 PM-5:30 PM


P-15
Governance and Regulation in Financial Markets and Institutions: Search for Resilience and Sustainable Markets
P: Accounting, Economics, and Law

Discussants: Shyam Sunder, Yale School of Management; Prem Sikka, Essex Business School; Paul Williams, NC State University; Thomas Clarke, University of Technology Sydney
Session Organizer: Guler Aras, Yildiz Technical University
Moderator: Guler Aras, Yildiz Technical University


P-16
Financial Actors and Institutions (IV): Regulating Capital Markets
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Konstantinos Sergakis, University of Bristol

Participants:
The Relevance of Time in Shaping a New Sanctions Theory in Capital Markets Law
Konstantinos Sergakis, University of Bristol
Do Financial Markets React to Regulatory Sanctions? Evidence from France
Thierry Kirat, IRISSO / CNRS - University PARIS DAUPHINE; Amir Rezaee, Associate Professsor

Saturday, 4 July 2015

Thursday | Friday | Saturday | top

8:30 AM-10:00 AM


P-17
Regulating a Global Illegal Market - the Case of Money Laundering
P: Accounting, Economics, and Law

Session Organizer: Brigitte Unger, Utrecht University School of Economics
Moderator: Brigitte Unger, Utrecht University School of Economics

Participants:
The Economic and Legal Effectiveness of Anti-Money Laundering Policy in 27 EU Member States
Brigitte Unger, Utrecht University School of Economics; Joras Ferwerda, Utrecht University School of Economics
Untold Truth about Anti-Money Laundering in Turkey
Umut Turksen, University of the West of England
‘Here's Another Fine Mess You Have Got Me in to' - a Critical and Contemporary Assessment of Enforcement of Financial Crime Legislation in the United Kingdom Since the 2008 Financial Crisis
Nicholas Ryder, University of the West of England

P-18
Financial Actors and Institutions (V): Financial Regulation
P: Accounting, Economics, and Law

Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Shyam Sunder, Yale School of Management

Participants:
Technology, Cost Structure, and Failure of Banking Regulation
Shyam Sunder, Yale School of Management; Vivek Chaudhri, Monash University; Gylfi Magnusson, University of Iceland
Understanding the Disciplinary Aspects of Neoliberal Regulations: The Case of Credit-Risk Regulation Under the Basel Accords.
Celine Baud, Laval University; Eve Chiapello, EHESS

10:15 AM-11:45 AM


P-19
Money, Accounting and Central Banking
P: Accounting, Economics, and Law

Discussants: Yuri Biondi, CNRS - ESCP Europe; Philippe Moutot, European Central Bank
Session Organizers: Yuri Biondi, CNRS - ESCP Europe; Reuven Avi-Yonah, University of Michigan; Shyam Sunder, Yale School of Management
Moderator: Matthias Thiemann, Frankfurt University

Participants:
An Asset-Based Framework of Credit Creation (applied to the Global Financial Crisis)
Susanne von der Becke, ETH Zurich; Didier Sornette, ETH Zurich
Seventeenth Century Banking: Amsterdamsche Wisselbank, Stockholms Banco, and Their Consequences for Monetary Evolution
Thomas Marmefelt, University of Södertörn
The Function and Actual Condition of the “Money” Account in the Creation of the Monetary Base: An Analysis of the Financial Statements of the Bank of Japan
Nobuko Takahashi, Kokushikan University; Ryohei Yoshikawa, Kansaigakuin University
What Is Special with Cash Flow Statements in Banks?
Asgeir B. Torfason, Assistant Professor - University of Iceland