2016 Brunei, Brunei Drussalam

Corporate Finance Decisions in a Changing Global Environment

International Convention Centre (ICC)

Bandar Seri Begawan, Brunei Darussalam

August 16-18, 2016

Hosted by Universiti Teknologi Brunei (UTB) and Authoriti Monetari Brunei Darussalam, in collaboration with the Universities of Oxford, Sheffield and Hull

Invited Keynote Speakers:

Professor William Megginson, University of Oklahoma
Professor Naoyuki Yoshino, Dean, Asian Development Bank Institute

Mr. Yusof Abdul Rahman, Managing Director of Autoriti Monetari Brunei Darussalam

Mr. Ashishkumar Chauhan, CEO of the Bombay Stock Exchange


Dear Colleagues and Friends,

We are extremely delighted to invite you to the IFABS Asia 2016 Brunei Conference, which will be held on 16-18th August, 2016 in the Sultanate of Brunei, one of the most exotic locations in the world. Brunei is well known with its beautiful natural panoramic views; the largest watervillage in the world; amazing undisturbed rainforests, Brunei’s crown jewel with ecological diversity; and splendid palaces.

The Conference is hosted by Universiti Teknologi Brunei (UTB) and Authoriti Monetari Brunei Darussalam, in collaboration with the Universities of Oxford, Sheffield and Hull.

The Conference social programme includes a welcoming reception that will be held in the Royal Brunei Recreational Club and a conference gala dinner in the famous Jerudong Park & Polo Country Club.

The International Finance and Banking Society (IFABS) Conferences aim to provide a forum for discussion and critical analysis of the major financial and banking challenges and networking amongst academics, policy-makers, research students and practitioners.

Founded in 2008 in the United Kingdom, IFABS, with over 3,500 members from over 60 countries, is one of the world's leading organizations dedicated to the promotion of research in banking and finance. The Society is recognised for the top quality research meetings and conferences it organises throughout the world.

Conference Theme

In recent times, the core corporate finance activities of firms, ranging from sources of financing, designing of securities and practices of risk management to takeover methods have been subject to influence by challenging and emergent global business environments. For example, continuous technological change and its rapid spill over, improvement of CEO networked connections in personal, social and economic spheres, global competition and consolidation between stock exchanges, regulatory changes related to corporate governance codes around the world have all certainly created new opportunities for conducting business and undertaking key corporate finance activities.

At the same time, uncertain and slow global recovery, political risks and the Eurozone crisis have also affected these activities adversely. It is thus not far-fetched to argue that some of the recent trends such as (a) the rise of IPO firms in developed markets from emerging countries, (b) global development of private equities and venture capital as the backbone behind innovation and takeovers, (c) an unprecedented rise in cash reserves for firms across the world, and (d) the spate of cross border mergers and acquisitions in some parts of the world and a declining trend in others could be at least partially influenced by changes in such global business and economic environments.

Of course, key corporate finance decisions related to investment and financing activities or mechanisms of governance or methods of mergers and acquisitions are not made in a vacuum and depend on legal, political, and even cultural environments. However, institutions within countries are also not immune to such changes in global environments. Hence, while those and other emerging trends in corporate finance activities not only need to be verified by rigorous empirical methods but both theoretical and empirical research should explain their variations, if observed, across different set ups.

The Conference thus intends to capture research in fields and subfields of corporate finance across the world and would invite submissions of empirical papers on these issues and theoretical research papers that either explain specific phenomena documented by existing empirical research or include empirical documentation.

In addition to corporate finance fields and subfields, the conference organisers would like to invite the submission of papers relating to all aspects of banking and finance. Both theoretical and empirical papers are encouraged in areas which include, but are not limited to:

• Asset Pricing
• Capital Markets
• Financial Crises
• Financial Regulation
• Emerging Markets
• Macro-financial Linkages    
• Behavioural Finance
• Mathematical &
• Computational Modelling
• Mergers & Acquisitions
• Banking
• Financial Intermediation
• Corporate Governance
• International Corporate
• Finance
• Islamic Banking & Finance    
• Corporate Investment
• Decision
• Efficiency & Productivity
• Analysis
• Financial Integration
• Financial Econometrics
• Corporate Finance
• Market Microstructure
• Risk Management
• Global Risk Markets
• Securitization
• Financial Policy
• Globalization
• Money and Liquidity

The deadline for submission of completed papers (preferably), or very detailed abstracts, is 30th June 2016. Kindly use the ConfTool system to submit your paper at https://www.conftool.com/ifabs2016-asia-brunei/


Key Dates

30 June, 2016
    Deadline for paper submissions
06 July, 2016     Notification of acceptance
20 July, 2016     Deadline for early registration
30 July, 2016     Deadline for final registration
16-18 August,2016     IFABS Asia 2016 Brunei Conference dates


Best Paper Award

In line with the IFABS tradition, the best paper drawn from the papers presented at the IFABS Asia 2016 Brunei Conference will be awarded the IFABS Best Research Paper Award. IFABS Best PhD Paper Award will be given to the best paper written by a PhD student. And IFABS Best Poster Award will be given to the best poster presented.

Special Sessions

The Conference Executive Committee welcomes proposals from policy-makers and academics for special sessions, roundtables and panels. Please email to info@ifabs.org by 15 June 2016.


We look forward to seeing you in the delightful exotic Brunei in August!

IFABS Asia 2016 Brunei Conference Executive Committee:

Meryem Duygun, University of Nottingham

Hjh Noor Maya Binti Hj Md. Salleh, Universiti Teknologi Brunei

Sanjay Banerji, University of Nottingham

Thomas Noe, University of Oxford

Mark Rhodes, University of Hull

Mohamed Shaban, University of Sheffield