Invitation and Call for papers to SHoF conference on "Financial Markets and Corporate Decisions"

Conference dates

19 Aug 2019 - 20 Aug 2019


Swedish House of Finance, Stockholm, Sweden


The Swedish House of Finance (SHoF) is pleased to invite interested academics and practitioners to a conference on “Financial Markets and Corporate Decisions” on August 19-20, 2019, in Stockholm.

Conference theme
The aim of this conference is to examine the flow of information between firms and financial markets. The flow of information happens in both directions, as managers respond to asset prices and changes in valuations while investors adapt their investment decisions in response to information about corporate actions and strategies. The conference will bring together leading academics and practitioners to discuss recent research in this area.
The first conference day will feature keynote presentations and panels with leading scholars and practitioners. The program includes keynote addresses by Itay Goldstein (University of Pennsylvania), Jules van Binsbergen (University of Pennsylvania), Lu Zhang (University of Michigan), and Lukas Schmidt (Duke University).

Call for papers
For the second day of the conference, which has a standard academic format, we invite authors to submit high-quality research at the intersection of financial markets/asset pricing and corporate finance, including (but not limited to) such topics as:
• How do/should corporate managers learn from market prices?
• Has the information content of market prices changed over time due to trends in asset management such as passive investing or automated trading?
• Do patterns in market prices such as return anomalies have real consequences for firms’ strategies and actions?
• How important are corporate characteristics and strategies – at either the aggregate or the individual firm level – as inputs in investment decisions, for example by pension funds, mutual funds, or hedge funds?
• Do value, size, profitability, and investment comprehensively describe asset pricing factors related to corporate strategy? What are redundant, potentially misleading, or missing, potentially important, corporate factors?
Both empirical and theoretical papers are welcome. SHoF will provide accommodation as well as reimbursement for reasonable travel expenses for presenters and discussants.

Paper submission
Interested authors should e-mail their paper in Acrobat PDF format to Elisabeth Kempe ( no later than March 1, 2019.

SHoF invites interested researchers, journalists, and practitioners to attend the conference. If you are interested in attending, please send an e-mail to Elisabeth Kempe ( to reserve a seat. There is no fee for the conference. However, attendance is limited and will be allocated on a first-come, first-served basis.

Local organizing committee
Michael Halling and Alexander Ljungqvist

For further information see