Date: Thursday, Mar 15, 2012
Time: 11:00 am EST | 4:00 pm GMT | 12:00 am (March 14) HKT
Duration: 60 minutes
Presenters: Betty Simkins, Professor of Finance, Spears School of Business, Oklahoma State University

What are the risks in energy finance and economics? In today’s climate, there may be more than can be enumerated. This Webcast will delve into many of the major issues, exploring the equity and energy markets for messages about risk, and looking at current views on pricing – in other words, “Quo Vadis crude oil and natural gas prices?” In addition, Betty Simkins, Professor of Finance at Oklahoma State University’s Spears School of Business, will discuss the economics of shale gas drilling at current prices, and trends in mergers, acquisitions and divestitures. What emerging risks should you be watching in 2012 and beyond? We’ll supply some answers.

Date: Tuesday, Apr 24, 2012
Time: 11:00 am EDT | 4:00 pm BST | 11:00 pm HKT
Duration: 60 minutes
Presenters: Itzhak Ben-David, Assistant Professor of Finance, Fisher College of Business, Ohio State University

Poorly capitalized banks had substantial declines in loan growth during the recent financial crisis. Yet the research presented in this Webcast shows that low-capital banks actually paid lower deposit rates during 2009 and 2010, and that low capital did not affect the sensitivity of deposit growth to deposit rate changes during the peak crisis period. These findings suggests that deposit markets did not discipline risky banks during the crisis, and that deposit market discipline is weak for de-leveraging banks, especially in environments of investor panic and strengthened deposit insurance.

Date: Thursday, May 03, 2012
Time: 11:00 am EST | 4:00 pm BST | 11:00 pm HKT
Duration: 60 minutes
Presenters: Joost Driessen, Professor of Financial Derivatives, Tilburg University

What impact does liquidity have on the corporate bond markets? The research presented in this Webcast uses an asset pricing approach to compare the effects of expected liquidity and liquidity risk on expected U.S. corporate bond returns. The results suggest that liquidity effects go a long way toward helping to explain the credit spread puzzle, and that exposure to corporate bond liquidity shocks carries an economically negligible risk premium.