AFS 2016 has ended

Create Your Own Event

AFS 2016

1:00pm PDT

Board Meeting Parlor F

5:00pm PDT

Registration Desk Open Lake Tahoe Foyer

6:59am PDT

Registration Desk Open Lake Tahoe Foyer

7:00am PDT

Continental Breakfast Lake Tahoe Foyer

8:00am PDT

1B1 Academia Retirement Planning Parlor B 1B2 Corporate Exposure to Macroeconomic Conditions and Cash Holdings Parlor B 1B3 Earnings Quality: A Revised Model for Determination of the Quality of Earnings Parlor B 1B4 Is It Safe or Shaky to Have Cash-Rich Suppliers? Parlor B 1C1 Corporate Cash Holdings and Social Capital Parlor C 1C2 Lobbying Activities and Mergers and Acquisitions Parlor C 1C3 Multiple Lead Underwriter IPOs and Analyst Behavior Parlor C 1C4 Mutual Funds, their Investment Bank Affiliates, and Merger Arbitrage Parlor C 1D1 Dynamic Linkages and Volatility Transmission from Global Equity Markets to Frontier Equity Markets of Middle East and Africa Parlor D 1D2 Idiosyncratic Volatility and Cash Flow Volatility: New Evidence from S&P 500 Parlor D 1D3 Investing under Extreme Market Volatility: Liquidity of the SPY, IVV and RSP Funds Parlor D 1D4 The Link between FX Liquidity and Equity Market Parlor D 1E1 Can Mutual Fund Flows Serve as Market Risk Sentiment? An Empirical Analysis with Credit Default Swaps (CDS) Spreads [CFP Behavioral Fianance] Parlor E 1E2 Does Personality Drive Price Bubbles? [CFP Behavioral Finance] Parlor E 1E3 Information Effects of Changes to Analysts’ Recommendations: Morningstar Star Ratings Changes for Stocks [CFP Behavioral Finance] Parlor E 1E4 New Evidence on the Performance of Constraint Investment Funds [CFP Behavioral Finance] Parlor E

9:15am PDT

AM Coffee Service Lake Tahoe Foyer

9:30am PDT

2B1 Determinants of Credit Union Deposits During Times Of An Economic Crisis: A Retrospective View Parlor B 2B2 Governance and SME Credit Availability Around the World Parlor B 2C1 Coskewnes in Islamic Mutual Funds Parlor C 2C2 The Relationship between Behavioral Factors and Investors Financial Decisions: An Empirical Study on the Egyptian Stock Market Parlor C 2C3 Why do Firms Issue Sukuk? Parlor C 2D1 Tax and Tax Overhang Effects on Funds Flow and Performance of Actively Managed Bond Funds Parlor D 2D2 Tax-Induced Trading: the Effect of Capital Gain Tax Changes Parlor D 2D3 Why Investors Should Buy Individual Corporate Bonds Parlor D 2E1 Are CEOs of Customer-Oriented Lenders More Communitive in the CEO’s Annual Report Letter? Parlor E 2E2 Banking with Millennials Parlor E 2E3 Islamic Banks with Mutuality and Neutrality: A Balance-Sheet-Based Theoretical Framework Parlor E

10:30am PDT

3B1 Master Limited Partnerships Offer Both Positive Alpha and Lower Beta Parlor B 3C1 Benefits from Social Trading? Empirical Evidence for Certificates on Wikifolios Parlor C 3C2 Kickstarter Readability Parlor C 3C3 Valuation, Hedging, and Sports Futures Wagers Parlor C 3D1 Do Financial Planning Designations Reduce Adviser Misconduct? [CFP Invesement Issues] Parlor D 3D2 Positive Financial Behavior: Investigating the Interaction Between Financial Knowledge and Ability [CFP Investment Issues] Parlor D 3E1 Certainty of Lifestyle: Contrasting A Simulation over a Fixed Period versus Multiple Period Models [Retirement Planning 2] Parlor E 3E2 Household Strategies for Managing Longevity Risk [CFP Retirement Planning 2] Parlor E Wiley - Hosting Financial Literacy Focus Group Parlor F

11:30am PDT

4B1 Do Long-Short and Market Neutral Mutual Funds Sail on Even Keel? Parlor B 4B2 Investment Options in Variable Annuity Products Parlor B 4B3 Rental Real Estate Investment Opportunities for the Individual Investor Parlor B 4C1 7 Strategies to Succeed with Overly Emotional Clients in Turbulent Markets Parlor C 4C2 Flipped Classrooms in Finance Education Parlor C 4C3 When Life Changes, Money Changes: 5 Essential Tools for Managing Life and Financial Transitions Parlor C 4D1 Defined Benefit Plans vs. Defined Contribution Plans: An Evaluation Framework using Random Returns [CFP Portfolio Strategy 1] Parlor D 4D2 Financial Planning Considerations for U.S. Ex-Pats [CFP Portfolio Strategy 1] Parlor D 4E1 Retirement Portfolio Realities [CFP Portfolio Strategy 2] Parlor E 4E2 The Impact of Framing on Retirement Income Portfolio Selection [CFP Portfolio Strategy 2] Parlor E

12:30pm PDT

Business Meeting, FPA: George Bradley, Keynote by Bob Veres: "Toward a True Profession," and Lunch [CFP credit for Keynote] Lake Tahoe Thanks to PlanPlus for helping Sponsor the AFS Luncheon Reno

2:30pm PDT

5B1 Caring for Investors or Preying by Managers? Strategic use of Dividend Payments by Mutual Funds Parlor B 5B2 Life After Death: Acquired Fund Performance Parlor B 5B3 Mutual Fund Closures: A Method to Sustain Outperformance? Parlor B 5C1 Five Tools for Wealth Managers Parlor C 5C2 Why Financial Planning Informatics? Parlor C 5D1 Tapping into the 20 Trillion Dollar Wealth Transfer [CFP Life Insurance] Parlor D 5D2 Paths to Charitable Giving [CFP Life Insurance] Parlor D 5D3 Long-Term Benefits from the Use of Appreciated Stocks for Charitable Donations Parlor D 5E1 Long-Term Care Insurance and Retirement Planning [CFP Insurance Issues] Parlor E 5E2 Risk Tolerance as a Predictor of Withdrawal Rates and Annuity Preferences [CFP Insurance Issues] Parlor E

3:20pm PDT

PM Beverage/Dessert Break Lake Tahoe Foyer

3:30pm PDT

6B1 Dynamic Autocorrelation of Intraday Stock Returns Parlor B 6B2 Estimation Error Distortions on Portfolio Allocation Models Parlor B 6B3 Normal Return Gaps Parlor B 6B4 The Gross Profitability Premium in Real World Parlor B 6C1 A Comparative Study of GARCH and EVT Model in Modeling Value-at-Risk (VaR) Parlor C 6C2 Investing Globally: Maximizing Returns through Foreign Exchange Gains Parlor C 6C3 Investor Horizons and Corporate Insider Trading Parlor C 6C4 Relative Contribution of Foreign versus Domestic Institutional Investors to Innovations: Evidence from the International Markets Parlor C 6D1 Change in Financial Assets of Households Following the Great Recession and the Role of Financial Planning Parlor D 6D2 Changes in the Risk Tolerance of US Households During 1992-2013 Parlor D 6D3 Personality Type, Risk Tolerance, and Portfolio Allocation Decisions among the Elderly: Evidence from a National Study Parlor D 6D4 Who Exhibits Time Varying Risk Aversion? Parlor D 6E1 Beyond the Credentials: Selecting Professional Financial Advice [CFP Financial Planning Issues] Parlor E 6E2 New Financial Planning Ph.D. Hiring Expectations: Business and Human Science Programs Compared [CFP Financial Planning Issues] Parlor E 6E3 Transparency in the Investment Industry: Public Perception of Brokers and Investment Advisers [CFP Financial Planning Issues] Parlor E 6E4 What do Financial Planning Associations Communicate to Consumers? Different Dialogue among Financial Planning Associations and News Articles [CFP Financial Planning Issues] Parlor E Wiley - Hosting Financial Literacy Focus Group Parlor F

5:29pm PDT

Poster Session and Reception Reno Thanks to Wiley for Sponsoring this Reception & Poster Session Reno

5:30pm PDT

Estate Planning for People with Alzheimer's Disease Diagnosis Reno P01 Assessing a Community-based Financial Literacy Program in California Reno P02 Asymmetric Market Reactions to the 2007-08 Financial Crisis: From Wall Street to Main Street Reno P03 CFA Designation and Mutual Fund Performance Reno P05 Exploring Aging and Financial Stress: Do We Stress Out More as We Get Older? Reno P06 Financial Education and Demand for Insurance Advice Reno P07 Information Precision and Common Value Partnership Dissolution: An Experimental Study Reno P08 Investing in the Healthcare Sector: Mutual Funds or ETFs Reno P09 Managing Your Portfolio in the New Financial Business Cycle Reno P10 Relationship of Students' Financial Knowledge on University Retention Rates Reno P11 Spousal Preference Heterogeneity and Collective Financial Decision-Making Reno P12 Student Loans and Their Effect on Parental Views of Education Financing Reno P13 The Effect of Shareholder Activism on Bondholders and Stockholders Reno P14 The Great Recession and Risky Asset Allocation in Household Portfolios: Evidence from a National Study Reno P15 The Impact of Various Factors on the Probability of Selecting a Particular Retirement Plan Reno

7:00am PDT

Registration Desk Open Lake Tahoe Foyer

7:30am PDT

Continental Breakfast Lake Tahoe Foyer

8:00am PDT

7B1 Bridge Employment and the Retirement Satisfaction of the Baby Boom Generation Parlor B 7B2 Clients of New Zealand Financial Advisers: Tastes & Preferences Parlor B 7B3 Individual Risk Preferences and Better Car Replacement Parlor B 7B4 What Drives the Interest Rates in the P2P Consumer Parlor B 7C1 Does Prosocial Motivation Influence Student Engagement with Clients? Findings from a Financial Planning Service Learning Program Parlor C 7C2 Financial Writing and Entrepreneurial Skills for the Professional Financial Planner Parlor C 7C3 Giving Behavior of Millennials: A Consumer Socialization Approach Parlor C 7C4 Understanding the Discounted Payback Technique: A Teaching Note Parlor C 7D1 Combining Firms’ Economic Footprint and Market Information: A blended Approach to Enhance Fundamental Indexes Parlor D 7D2 Markowitz Meets Goldilocks Parlor D 7D3 Performance of the “Dogs of the Dow” Investment Strategies Parlor D 7D3 Performance of the “Dogs of the Dow” Investment Strategies Parlor D 7D4 Time Diversification:It Is Not About Variance Reduction Parlor D 7E1 Annuitization in Retirement [CFP Mutual Fund Issues] Parlor E 7E2 Guidelines for Retirement Budgets [CFP Mutual Fund Issues] Parlor E 7E3 Individual Estimates of Life Expectancy and Consumption Patterns [CFP Mutual Fund Issues] Parlor E 7E4 Measuring the Impact of Perceived Longevity on Asset Decumulation Decisions [CFP Mutual Fund Issues] Parlor E

9:15am PDT

AM Coffee Service Lake Tahoe Foyer

9:30am PDT

8B1 Computer Software and Retirement Saving's Accuracy Parlor B 8B2 Financial Technology and Credit Card Use Parlor B 8B3 Parent Intentions to Help with Children's College Expenses Parlor B 8B4 Performance and Risk Changes of Large and Small Banks during the Crisis: What Accounts for their Dissimilarities? Parlor B 8C1 The Effect of Dispositional Optimism on Saving Behavior through Self-Control Parlor C 8C2 News Coverage, Nepalese Investors’ Reactions And Stock Returns Parlor C 8C3 Politics, Religion, and Money - Maybe we should talk about them Parlor C 8D1 Causes and Consequences of Financial Fraud Among Older Americans Parlor D 8D2 Financial Advice and the Demand for Flood Insurance Parlor D 8D3 CANCELLED Ownership of Life Insurance: Are Informal Financial Planning Benchmarks Relevant? Parlor D 8D4 Who is Likely to Purchase Long-term Care Insurance? Parlor D 8D4 Who is Likely to Purchase Long-term Care Insurance? Parlor D 8E1 Exploring the Relationships Between Millennial Savings Rates and Likelihood of Moving Parlor E 8E2 Proposal for An Innovative Security for Retirees Parlor E 8E3 Stocks, Bonds, Bills and Long-Run Returns for Various Asset Allocations in Retirement Portfolios Parlor E

10:45am PDT

Walk to Next Session Lake Tahoe Foyer

10:50am PDT

9B1 Determinants of Financial Well-Being among Divorced and Widowed Parlor B 9B2 Impact of Investment in Human Capital on Financial Outcomes of Divorced Women Parlor B 9B3 Influencing Investors’ Emotional Behavior: Business Education and/ or Business Experience? Parlor B 9C1 An Empirical Examination of Duration Targeting Strategies for Funding a Stream of Dedicated Liabilities Parlor C 9C2 Are We Depressed because of Our Jobs? Depression and Coping among Finance Workers and non-Finance Workers Parlor C 9C3 Comprehensive Financial Planning: A Preliminary Study of Knowledge, Attitude and Retirement Savings Parlor C 9C4 Connecting “Filial Piety” Culture Heuristic To Successful Retirement Planning For Asian American Immigrants Parlor C 9D1 An Analysis of Financial Preparation for Retirement: A Study of Retirement Preparation of Men and Women in Their Positive Savings Periods Parlor D 9D2 Are There the Differences between the Hippie Cohort and the X&Y Cohort regarding Adequate Preparation for Retirement? Parlor D 9D3 Does the Source of Money Determine the Risk of Retirement Investment Choices? Parlor D 9D4 Exploring the Association between Financial Wellness and Retirement Preparedness Parlor D 9E1 A Guide for Plan Sponsors Offering Target-date Funds Parlor E 9E2 Are Defined Contribution Plans a Commitment Device? Parlor E 9E3 Have State Level Pension Plans Taken Additional Investment Risk in an Effort to Reduce Annual Plan Contributions? Parlor E

12:20pm PDT

Conference Adjourns - Safe Trip Home TBA