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Title

Academic Session - Filipovic

Location

Spaces Etoile

Start Time

23/10/2020 12:15

End Time

23/10/2020 13:45

Category

 

All Day Event

 

Recurrence

 

Location Info

​Spaces Etoile
54-56 avenue Hoche
75008 Paris

Event Description

Mergers and acquisitions are often motivated by the intention of creating value from intangible assets.
 
Zoran Filipovic and Alexander Wagner have developed a novel word list of intangibles and apply it to takeover announcements. Deals presented with more "intangibles talk" complete more quickly. However, the value of these deals to the acquirer is questionable: One standard deviation more in intangibles talk results in 0.45 percentage points lower abnormal announcement returns of bidders. Agency problems explain little of these results. Instead, payment mode choices and insider trades suggest that intangibles talk reflects managerial overoptimism. Overall, takeover announcements can provide important information regarding the quality of deals.
Please join this special academic session to learn more about value creation before the next wave of Mergers & Acquisitions!
 

Please note: this event will be held in English.

 

Speaker

Zoran Filipovic is an Assistant Professor of Finance at the Université Paris-Dauphine & PSL Research University. He holds a PhD in Finance and Master of Finance from the Swiss Finance Institute and Università della Svizzera italiana.  
 
His research papers were presented at international conferences like FMA, FMA Europe, FMARC and AFFI. His research interests are empirical corporate finance, mergers & acquisitions, private equity and venture capital.  
 
He mainly focuses on behavioral biases and qualitative data using textual analysis. At the Université Paris-Dauphine, he teaches Corporate Finance and Business Valuation master level courses. 

CE Credits

1

Cost

 

Registration

​Link coming soon

Education Topic

 

Event City

Paris

Event State/Province

 

Event Country

France

Event Region

EMEA

SER Credit

 

Currency

 

Member Price

 

Non-Member Price

 

Candidate Price

 

Event Manager Email

events@cfafrance.org

Non-payment Event

No

Waiting List

No

Target Audiences

No targeting

Date

23/10/2020

EventDate

44 127,510416667

SeatsPerTable

 

TableCost

 

Event Link

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Event Link Leads To New Tab

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Event Short Info

Join us for an academic lunch session, with speaker Zoran Filipovic, Assistant Professor of Finance at the Université Paris-Dauphine & PSL Research University.

Event Type

Society; Featured

Attachments

Content Type: Event
Created at 20/08/2020 11:09 by marie-alix.demeyer@cfafrance.org
Last modified at 28/09/2020 06:43 by marie-alix.demeyer@cfafrance.org