ANNOUNCEMENT

 

IAF RESEARCH SEMINAR

 

CEO Political Contributions and Personal SEC Enforcement

 

Date and time: Thursday 18th November, 2pm.

Venue: UCD Smurfit Business School, Room N303.

 

The Irish Academy of Finance is delighted to announce a research seminar by James P. Naughton (University of Virginia) on 2pm November 18th, 2021 at UCD Smurfit Business School, Room N303.

Paper:

CEO Political Contributions and Personal SEC Enforcement

 

Abstract: We find that CEOs that engage in the political system through personal contributions reduce the likelihood that they are personally prosecuted by the SEC. Our analyses show that CEOs of firms with financial reporting violations almost double their personal campaign contributions during violation years, and that these increased contributions are directed towards candidates rather than parties, consistent with influence acquisition. We provide evidence on causality using SOX, which increased expected personal enforcement costs for CEOs. Lastly, we document that the percent increase in CEO’s personal contributions is negatively associated with the likelihood that the CEO is personally named in SEC enforcement proceedings, suggesting that politically active CEOs are successful at reducing personal enforcement costs. Our findings suggest that concerns about regulatory capture also apply to individual political contributions.

 

This is a free event for all IAF members. If you are not an IAF member please contact iaf@ucd.ie to attend.

More details are available HERE.

 

 

 

IAF VIRTUAL RESEARCH SEMINAR

 

Virtual Forum on Alternative Finance for SMEs: 2021 and Beyond

The Irish Academy of Finance is delighted to announce an upcoming 2-day virtual Forum on Alternative Finance for SMEs: 2021 and Beyond on May 5th and 6th, at 12-3pm each day.

This event will provide a unique forum to discuss alternative funding sources for SMEs, both in Ireland and internationally.

Focusing on non-bank asset finance and equity finance, the event will expand understanding on (1) the market impact of different forms of SME funding (venture capital, business angel, non-bank lending and peer to peer funding); (2) the funding gaps that still remain for SMEs; and (3) issues which are important for the sustainability of these alternative forms of finance.

The event will combine internationally recognized, evidence-based, high-impact research with the knowledge and experience of alternative finance providers and users of this finance.

More details are available HERE.

Registration is free and is available HERE.

 

 

IAF VIRTUAL RESEARCH SEMINAR

 

“Financial Applications of Machine Learning and Data Science”

 

Date and time: December 4th, 2020, 2pm to 3.30pm

 

The Irish Academy of Finance is delighted to announce a joint virtual research seminar by Professor Michael Dowling (DCU) and Assistant Professor Richard McGee (UCD) on December 4th, 2020, between 2-3.30pm. The seminar will focus on two papers that examine applications of machine learning and data science in asset pricing and risk perception. This seminar is over but a recording is available HERE.

Register Here

The Irish Academy of Finance (IAF) promotes the advancement of research, knowledge, and education in the field of Finance with a particular focus on engaging academic and professional communities. It aims to enhance collaborations between researchers in Finance from universities and other institutions in Ireland and abroad.

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