Breslin Center for Real Estate Studies Finance Frank G. Zarb School of Business

Zarb School, Breslin Center Host Global Finance Conference

Conference chair Dr. Ehsan Nikbakht

The Frank G. Zarb School of Business and the Wilbur F. Breslin Center for Real Estate Studies at Hofstra University recently presented the 24th Annual Global Finance Association Conference on Hofstra’s campus.

“A variety of timely topics were discussed during well-attended concurrent sessions held across campus, including sustainability and global finance, financial crisis, global entrepreneurship, emerging markets, foreign exchange, alternative investments, corporate governance, and global banking and risk,” said Dr. Ehsan Nikbakht, the Zarb School’s C.V. Starr Distinguished Professor of Finance, who served as the conference program chair. In addition, Dr. Andrew Spieler, Zarb School professor of finance, served as a conference co-director.

This year’s conference, held May 4-5, featured 103 selected papers written by members of 100 universities and institutes across 27 countries. The keynote speakers were Dr. Matthew D. Higgins, Economist and Vice President Emerging Markets and International Affairs Group, Federal Reserve Bank of New York, who delivered a keynote address titled “Global Economic Outlook for 2017 and Beyond,” and Dr. Edward I. Altman, Professor Emeritus of Finance, Leonard N. Stern School of Business, Kaufman Management Center, New York University, who presented “The Evolution and Applications of the Altman Z-Score Family of Models.”

Best Paper Awards were given for the following presentations:

  • “Explaining the stock market’s reaction to unemployment news over the business cycle,” Joost Driessena and Ivo Kuipera, Finance Department, Tilburg University, The Netherlands
  • “The Risk Anomaly Tradeoff of Leverage,” Malcolm Baker, Harvard Business School and National Bureau of Economic Research; Mathias F. Hoeyer, University of Oxford; Jeffrey Wurgler, NYU Stern School of Business and National Bureau of Economic Research
  • “The Big Short: Illusionary Benefits of Close Supply Chain Relationships,” Jocelyn D. Evans, School of Business, College of Charleston; Dominique G. Outlaw, Frank G. Zarb School of Business, Hofstra University
  • “Linkages between Equity and Commodity Markets: Are Emerging Markets Different?” Maria E. de Boyrie, New Mexico State University; Ivelina Pavlova, University of Houston
  • “Time-Varying Price Discovery and Autoregressive Loading Factors: Evidence from S&P 500 Cash and E-Mini Futures Markets,” Yang Hou, Department of Finance, Waikato Management School, University of Waikato, New Zealand; and Steven Li (corresponding author), Graduate School of Business and Law, RMIT University, Melbourne, Australia

This conference offers a national and international perspective on the global economy. The Global Finance Association (GFA), a nonprofit organization, is a worldwide network of academic and financial services communities. The association sponsors annual meetings of the Global Finance Conference (GFC). The mission of both GFA and GFC is to foster research by providing forums for finance professionals to debate, exchange ideas, disseminate knowledge, and advance the education, learning and practice of global financial economics.

About the author

Marilou Giammona

Marilou R. Giammona | Content Producer, University Relations | Hofstra University | marilou.r.giammona@hofstra.edu | (516) 463-6907

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