Darla Moore School of Business - Hitotsubashi University
The Seventh International Conference on Corporate Finance:
Sustainable Banking: The Roles of Governance, Regulations, and Innovation
Friday August 2, 2024
Hitotsubashi University
2-1, Naka, Kunitachi, Tokyo, Japan
Agenda09:00-09:20 Registration @ Sano Shoin Hall
09:20-09:25 Welcome and Opening Remarks @ Sano Shoin Hall
09:25-10:55 Session 1: Taxes and Climate
10:55-11:10 Refreshment break
11:10-12:40 Session 2: Social Capital and Return Anomalies
12:40-13:30 Lunch Break @ Sano Shoin Hall
13:30-14:30 Keynote Speech
14:40-16:10 Session 3: ESG in Japan
16:10-16:20 Refreshment Break
16:20-17:50 Session 4: Debt Workout, Privatization and Payout Policy
17:50-18:00 Closing Remarks and Group Session
18:00-20:00 Dinner @ Sano Shoin Hall

Graduate School of Business Administration
Hitotsubashi University Center for Financial Research
Sponsored by Mizuho Securities, Darla Moore School of Business

The Detailed Program
August 2
09:00-09:20 Registration
09:20-09:25 Welcome and Opening Remarks
Toshihiko Kato, Dean of the Graduate School of Business Administration (HitotsubashiUniversity)

09:25-10:55 Session 1: Taxes and Climate
Chairperson: Thorsten Beck (European University Institute)Taxation and Bank Liquidity Creation
John Wilson (University of St Andrews)
Discussant: Jungwon Suh (Sungkyunkwan University)
Do Depositors Value Bank Climate and Environmental Risk AwarenessJohn W. Goodell (University of Akron)
Discussant: Konari Uchida (Waseda University)

10:55-11:10 Refreshments Break
11:10-12:40 Session 2: Social Capital and Return Anomalies
Chairperson: Yongtae Kim (Santa Clara University)
Home Sweet Loan: The Impact of Social Capital on Home Loans from Approval to Repayment
Sadok El Ghoul (University of Alberta)
Discussant: Arito Ono (Chuo University)
Bank Anomalies, Mispricing and FED Interventions
Luca Del Viva (ESADE)
Discussant: Yoko Shirasu (Aoyama Gakuin University)

12:40-13:30 Lunch Break
13:30-14:30 Keynote Speech
Information Sharing, Access to Finance, Loan Contract Design, and the Labor MarketThorsten Beck (European University Institute)

14:40-16:10 Session 3: ESG in Japan
Chairperson: Yukihiro Yasuda (Hitotsubashi University)
Firms’ Climate Risks, ESG policy, and Bank Lending: Evidence from the Covid-19 Crisis.
Masayo Shikimi （Nagasaki University）
Discussant: Eunjung Yeo（Chung-Ang University）
Main Bank Relationship and Corporate ESG Performance: Evidence from Japan
Yongcuo Zhaxi (Hitotsubashi University)
Discussant: Yongtae Kim (Santa Clara University)

16:10-16:20 Refreshments Break
16:20-17:50 Session 4: Debt Workout, Privatization and Payout Policy
Chairperson: Omrane Guedhami (University of South Carolina)
Anatomy of Out-of-Court Debt Workouts for SMEs
Iichiro Uesugi (Hitotsubashi University)
Discussant: Luca Del Viva (ESADE)
Left to Their Own Devices: Ownership Concentration and Payout Policy
Jungwon Suh (Sungkyunkwan University)
Discussant Min-Ming Wen (Hitotsubashi University)

17:50-18:00 Closing Remarks and Group Session
18:00-20:00 Dinner※Sessions
20 mins for presentation, 15 mins for discussant, and 10 mins for discussion/questions.
※Discussants: Please avoid extended summary of the paper.
※By registering for this conference, participants provide the organizers permission to use photos taken at theconference.

KUNITACHI CAMPUS MAP: Sano Shoin Hall

(About 12-minute walk from the South Exit of JR Kunitachi Station)
From JR Kunitachi Station

Main Gate (West Gate)
Sano Shoin Hall