“At UD, we see it as our mission to be this kind of intellectual
intersection where academic research meets real-world challenges to
create sustainable and socially responsible solutions,” he said.
John A. Pelesko, interim dean of the College of Arts and Sciences, also welcomed the symposium participants and audience.
He noted the important research the center does in areas of corporate
governance and capital markets, while providing a range of educational
opportunities for UD students.
“The Weinberg Center is increasingly positioned to address these important issues,” Pelesko said.
The Corporate Governance Symposium was co-sponsored by the Weinberg
Center and by the Department of Finance in UD’s Alfred Lerner College of
Business and Economics.
Academic papers presented
The annual symposium included a presentation and discussion of
academic papers, which were selected from work submitted from around the
Honored with the Best Paper Award was “Audit Process, Private Information, and Insider Trading,”
by Salman Arif and Joseph Schroeder, both of the Kelley School of
Business at Indiana University, and John Kepler and Daniel Taylor
(presenter), both of the Wharton School at the University of
Pennsylvania. Taylor is a 2003 UD alumnus, with a degree in finance and
economics, and a former student of Elson’s.
Leading the discussion of that paper was W. Robert Knechel of the University of Florida’s Fisher School of Accounting.
The other papers presented at the symposium were:
“Investors’ Attention to Corporate Governance,”
by Peter Iliev, Penn State University; Jonathan Kalodimos, Oregon State
University; and Michelle Lowry (presenter), Drexel University;
discussed by Alan Crane, Jones Graduate School of Business, Rice
“Investor-Driven Governance Standards and Firm Value,”
by Yonca Ertimur, University of Colorado, Boulder, and Paige Patrick
(presenter), University of Washington; discussed by Fei Xie, Alfred
Lerner College of Business and Economics, University of Delaware.
“Shareholder Voting on Golden Parachutes: Determinants and Consequences,”
by Albert H. Choi (presenter), University of Virginia Law School;
Andrew C.W. Lund, John F. Scarpa Center for Law and Entrepreneurship,
Villanova University’s Charles Widger School of Law; and Robert
Schonlau, Farmer School of Business, Miami University; discussed by John
White, Cravath Swaine and Moore.
Article by Ann Manser; photos by Kathy F. Atkinson and Evan Krape