Dean's Welcome and Remarks from the Conference Organizing Committee
Kar Yan Tam, Dean of Business and Management, HKUST
Kevin Chen, Head of Accounting Department, HKUST

The Effect of Credit Rating Changes on Volunary Disclosure
by Riddha Basu, James P. Naughton and Clare Wang
Presenter: James P. Naughton, Northwestern University
Discussant: Stephen Stubben, University of Utah

The Effect of Mandatory Disclosure on Market Inefficiencies: Evidence from Statement of Financial Accounting Standard Number 161
by John L. Campbell, Urooj Khan and Spencer Pierce
Presenter: John L. Campbell, University of Georgia
Discussant: Lorien Stice-Lawrence, University of Southern California

Short-Sales Constraints and Aftermarket IPO Pricing
by Panos N. Patatoukas, Richard G. Sloan and Annika Yu Wang
Presenter: Annika Yu Wang, University of Houston
Discussant: Marlene Plumlee, University of Utah

Big News, Market Reactions, and Attention around Earnings Announcements
by Henry Friedman and, N. Bugra Ozel and Daniel Andrei
Presenter: Henry Friedman, UCLA Anderson School of Management
Discussant: Jeffrey Ng, Hong Kong Polytechnic University

U.S. Firms on Foreign (tax) Holidays
by Travis Chow, Jeffrey L. Hoopes and Edward L. Maydew
Presenter: Edward L. Maydew, University of North Carolina at Chapel Hill
Discussant: Oliver Zhen Li, National University of Singapore

Economic Event Characteristics and Disclosure Choice: Evidence from Influential Negative Economic Events
by Jason D. Schloetzer, Ayung Tseng and Teri Lombardi Yohn
Presenter: Ayung Tseng, Indiana University
Discussant: Ningzhong Li, University of Texas at Dallas

Order Backlog Disclosure before Seasoned Equity Offerings
by Szu-fan Chen, Zhihong Chen
Presenter: Szu-fan Chen, HKUST
Discussant: T.J. Wong, University of Southern California