21st Annual Conference of the Swiss Society for Financial Market Research
Zurich, SIX ConventionPoint, April 6, 2018

Keynote Speech by Professor Dr. Claudio Loderer, Professor at the Institute of Financial Management at the University of Bern.

Please find the conference program available for download.

We would like to thank our distinguished reviewers. Without their support, the SGF Conference 2018 could certainly not have taken place:

Tim Adam (Humboldt University Berlin) • Nihat Aktas (WHU - Otto Beisheim School of Management) • Manuel Ammann (University of St.Gallen) • Steffen Andersen (Copenhagen Business School) • Daniel Andrei (University of California at Los Angeles) • Christian Andres (WHU - Otto Beisheim School of Management) • Marc Arnold (University of St.Gallen) • Victoria Atanasov (University of Mannheim) • Matthias Bank (University of Innsbruck) • Itzhak Ben-David (Ohio State University) • Tobias Berg (Frankfurt School of Finance & Management) • André Betzer (University of Wuppertal) • Yasser Boualam (University of North Carolina - Chapel Hill) • Mario Brandtner (Friedrich-Schiller-Universität Jena) • Alexander Braun (University of St.Gallen) • Adrian Buss (INSEAD) • Barbara Casu (City University of London) • Claire Célérier (University of Toronto) • Ines Chaieb (University of Geneva) • An Chen (Ulm University) • Wan-Chien Chiu (Tsinghua University) • Jens H. E. Christensen (Federal Reserve Bank of San Francisco) • Ettore Croci (Università Cattolica del Sacro Cuore) • Stine Louise Daetz (Copenhagen Business School) • Thomas Dangl (Vienna University of Technology) • François Degeorge (University of Lugano) • Hans Degryse (KU Leuven) • Luca Del Viva (ESADE Business School) • Alexis Derviz (Czech National Bank) • Jens Dick-Nielsen (Copenhagen Business School) • Maik Dierkes (Leibniz University Hannover) • Wolfgang Drobetz (University of Hamburg) • Eric Duca (Colegio Universitario de Estudios Financieros (CUNEF)) • Ariadna Dumitrescu (ESADE Ramon Llull University) • Sebastian Ebert (Frankfurt School of Finance & Management) • Sadok El Ghoul (University of Alberta) • Martin Eling (University of St.Gallen) • Jonas Nygaard Eriksen (Aarhus University) • Rui Fan (Swansea University) • Falko Fecht (Frankfurt School of Finance & Management) • Erik Fernau (University of Mannheim) • Marcel Fischer (University of Konstanz) • Christian Riis Flor (University of Southern Denmark) • David Florysiak (University of Southern Denmark) • Till Förstemann (Deutsche Bundesbank) • Nils Friewald (Norwegian School of Economics) • Roland Füss (Universität St.Gallen) • Emilia Garcia-Appendini (University of Zurich) • Nadine Gatzert (University Erlangen-Nürnberg) • Jasmin Gider (University of Bonn) • Olesya V. Grishchenko (Federal Reserve Board) • Peter Grundke (Osnabrück University) • Patrick Grüning (Bank of Lithuania) • Yalin Gündüz (Deutsche Bundesbank) • Marc Gürtler (Braunschweig Institute of Technology) • Dirk Hackbarth (Boston University) • Tobin Hanspal (Goethe University Frankfurt) • Christian Hilpert (University of Hamburg) • Stefan Hirth (Aarhus University) • Daniel Hoang (Karlsruhe Institute of Technology) • Daniel Hoechle (FHNW School of Business) • Fabian Hollstein (Leibniz University Hannover) • Jiekun Huang (University of Illinois) • Gbenga Ibikunle (University of Edinburgh) • Dusan Isakov (University of Fribourg) • Heiko Jacobs (University Duisburg-Essen) • Stephan Jank (Deutsche Bundesbank) • Bjarne Astrup Jensen (Copenhagen Business School) • Artashes Karapetyan (BI Norwegian Business School) • Ambrus Kecskes (York University) • Thomas Kick (Deutsche Bundesbank) • Young Han (Andy) Kim (Sungkyunkwan University) • Renatas Kizys (University of Portsmouth) • Patrick Konermann (BI Norwegian Business School) • Philipp Koziol (European Central Bank) • Tim Alexander Kroencke (Universität Basel) • Hugues Langlois (HEC Paris) • Christine Laudenbach (Goethe-Universität Frankfurt) • Jochen Lawrenz (University of Innsbruck) • Jun Li (University of Texas at Dallas) • Roberto Liebscher (Katholische Universität Eichstätt-Ingolstadt) • Peter Limbach (University of Cologne) • Tse-Chun Lin (University of Hong Kong) • Florian Lindner (University of Innsbruck) • Sebastian Lobe (University of Maine) • Benjamin Loos (Universität Mannheim) • Thomas Mählmann (Katholische Universität Eichstätt-Ingolstadt) • Loriano Mancini (University of Lugano (USI)) • Simone Manganelli (European Central Bank) • Christoph Meinerding (Deutsche Bundesbank) • Christoph Merkle (Kühne Logistics University) • Steffen Meyer (Leibniz University Hannover) • Stig Vinther Møller (Aarhus University) • Stefan Morkoetter (University of St.Gallen) • Florian Nagler (Bocconi University) • Mads Stenbo Nielsen (Copenhagen Business School) • Alexandra Niessen-Ruenzi (University of Mannheim) • Sven Nolte (University of Münster) • Ingmar Nolte (Lancaster University) • Felix Noth (Leibniz-Institut für Wirtschaftsforschung Halle) • David Oesch (University of Zurich) • Steven Ongena (University of Zurich) • Per Östberg (University of Zurich) • Loriana Pelizzon (Goethe University Frankfurt) • Matthias Pelster (Paderborn University) • Andreas Pfingsten (University of Münster) • Dennis Philip (Durham University) • Ilaria Piatti (University of Oxford) • Alberto Plazzi (Università della Svizzera Italiana) • Thorsten Poddig (University of Bremen) • Marcel Prokopczuk (Leibniz University Hannover) • Buhui Qiu (University of Sydney) • Otto Randl (WU Vienna University of Economics and Business) • Andreas W. Rathgeber (University of Augsburg) • Alejandro Rivera (University of Texas at Dallas) • Martin Rohleder (University of Augsburg) • Jakub Rojcek (LGT Capital Partners) • Astrid Salzmann (RWTH Aachen University) • Olivier Scaillet (HEC Geneva) • Andrea Schertler (University Lüneburg) • Christian Schlag (Goethe University Frankfurt am Main) • Maik Schmeling (City University of London) • Judith C. Schneider (University of Münster) • Jan Schnitzler (VU Amsterdam) • Hendrik Scholz (University of Erlangen-Nürnberg) • Malte Schumacher (University of Zurich) • Denis Schweizer (Concordia University) • Andriy Shkilko (Wilfrid Laurier University) • Linus Siming (Audencia Business School) • Esad Smajlbegovic (Erasmus University Rotterdam) • Leopold Sögner (Vienna University of Technology) • Peter Norman Sørensen (Copenhagen Business School) • Bogdan Stacescu (BI Norwegian Business School) • Denitsa Stefanova (University of Luxemburg) • Sebastian Stöckl (University of Liechtenstein) • Daniel Streitz (Copenhagen Business School) • Oleksandr Talavera (Swansea University) • Erik Theissen (University of Mannheim) • Julian Thimme (Goethe University) • Tereza Tykvova (University of Hohenheim) • Marliese Uhrig-Homburg (Karlsruhe Institute of Technology) • Michael Ungeheuer (Aalto University) • Daniel Urban (Technische Universität München) • Gyuri Venter (Copenhagen Business School) • Grigory Vilkov (Frankfurt School of Finance & Management) • Bertrand Villeneuve (Universite Paris-Dauphine) • Alexander Wagner (University of Zurich) • Niklas Wagner (University of Passau) • Urs Wälchli (Rochester-Bern Executive Programs) • Christian Walkshaeusl (University of Regensburg) • Andreas Walter (Justus Liebig University Giessen) • Songtao Wang (Shanghai Jiao Tong University) • Florian Weigert (University of St.Gallen) • Gregor Weiss (University of Leipzig) • Alex Weissensteiner (Free University of Bolzano Bozen) • Paul Whelan (Copenhagen Business School) • Dominik Wied (University of Cologne) • Marco Wilkens (University of Augsburg) • Jianfeng Yu (Tsinghua University ) • Darya Yuferova (Norwegian School of Economics) • Shan Zhao (Grenoble Ecole de Management) • Hao Zhou (Tsinghua University ) • Alexandre Ziegler (University of Zurich) • Remco Zwinkels (VU Amsterdam)