2002 University of Kansas School of Business Finance Conference
Corporate Control, Corporate Disclosure:
Lessons for Investors, Directors, Regulators and Research
A conference made possible with the generous assistance of the Wagnon Fund and arranged by the
Center for Management Education, School of Business, University of Kansas
Click here for photographs from the conference
The modern financial system is based on the "separation of ownership and control." Investors own
corporations, and professional managers secure financing and run them. It is a system based on a
combination of trust, reputation and oversight. However, this system seems to have failed U.S. investors
at Enron, Tyco, Qwest, WorldCom and other corporations. It has also drawn criticism of investment
bankers and public accountants and led to federal legislation.
The School of Business at the University of Kansas invites you to join leading practitioners and
scholars for a half-day conference on the current state and future of corporate governance and
corporate disclosure.
Keynote Speaker:
George Benston, John H. Harland Prof. of Finance, Emory University, and Shadow Financial
Regulatory Committee
Moderator:
Henry Butler, James Farley Professor of Economics, Chapman University
Panelists:
Jennifer Bethel, Professor of Finance, Babson College, and former Chief Economist for the Division of
Corporation Finance at the U.S. Securities and Exchange Commission.
Sanjai Bhagat, Professor of Finance, University of Colorado.
Margaret Blair, Senior Fellow, Brookings Institution, and Research Director, Sloan Project on
Business, Georgetown University Law Center.
Harold S. Bradley, Senior Vice President - Strategic Investments,American Century Investments.
Kenneth A. Bertsch, Director, Corporate Governance, TIAA-CREF
James DeLong, Senior Fellow, Competitive Enterprise Institute, Washington.
Forrest Hoglund, Chairman & CEO of Arctic Resources Company, Ltd
Organizers:
George Bittlingmayer, Wagnon Distinguished Professor of Finance
Joseph D. Rei, Managing Director, Center for Management Education
Richard Stilwell, Center for Management Education
Who Should Attend:
Time and Date:
11:30 a.m. - 5 p.m., September 27, 2002
Location:
Ritz Charles
9000 West 137th Street (137th and Antioch)
Overland Park, Kansas 66221
Tel: 913.685.2600
Associated Event:
Recent Research on Corporate Control, Corporate Disclosure
Saturday, September 28, 2002
8:00 a.m. - 4:00 p.m.
University of Kansas Adams Alumni Center
1266 Oread Avenue
Lawrence, Kansas
New ideas, insights and discussion from:
John Martin, Baylor University, "Financial Engineering, Corporate Governance, and the
Collapse of Enron"
Stuart Gillan, University of Delaware, "Industries, Investment Opportunities and Corporate
Governance Structures"
Oded Palmon, Rutgers University, "CEO Compensation, Directors' Compensation and Firm
Performance: Evidence of Cronyism"
Susan Scholz, University of Kansas, "Determinants of Market Reactions to Restatement
Announcements"
Utpal Bhattacharya, Indiana University, "The World Price of Earnings Opacity"
Tod Perry, Arizona State University, "Board seat accumulation by executives: a shareholder's
perspective"
Donna Paul, Babson College, "Board composition and corrective action:Evidence from corporate
responses to bad acquisition bids"
KU | School of Business | George Bittlingmayer