Fintech & Digital Finance
with special issue and conference co-sponsorship of the Journal of Corporate Finance
Helen Bollaert (SKEMA Business School)
Florencio Lopez-de-Silanes (SKEMA Business School)
Armin Schwienbacher (SKEMA Business School) – managing guest editor
Andrei Shleifer (Harvard University)
Deadline for full paper submissions (only in English): January 15, 2019 (please send your working paper to the following email: firstname.lastname@example.org with the subject heading “Conference on Fintech & Digital Finance”).
Conference dates: May 23-24, 2019 on the campus of SKEMA Business School in Sophia-Antipolis (near Nice, France).
Deadline for paper submission for the special issue of the Journal of Corporate Finance: July 31, 2019 (more details below)
Aim and Scope:
Digitalisation has affected different industries in recent years. In finance, it affects both demand and supply sides. On the supply side, it has generated new ways to finance companies such as crowdfunding and initial coin offerings (ICOs), and opportunities to reduce intermediary costs. Crowdfunding has arisen as a way to fill funding gaps, but also it is increasingly seen as offering benefits that are not available with traditional sources of finance such as product testing and stakeholder involvement. On the demand side, digitalisation has created entrepreneurial investment opportunities in finance and thus the emergence of fintech startups. Some of them may challenge incumbent banks in the future, by offering more cost-effective solutions for payment services, cash management and many more, all of which may reduce financing costs. Other solutions being proposed include the adoption of artificial intelligence, blockchain technology and smart contracts.
These innovations are likely to affect corporate governance issues, by changing the nature of agency problems and transparency. These new trends raise a number of novel, challenging questions for corporate finance that can be addressed in the special issue (non-exhaustive list), including:
- How does digitalisation impact the corporate governance of firms? To what extent does it solve existing agency problems? What are the limits? What type of new agency and corporate governance problems may arise?
- How does digitalisation affect the financing of entrepreneurial firms? Do the new financing forms fill a funding gap, or crowd out existing ones? How does it affect traditional financial institutions?
- Do fintech startups operate differently than startups in non-digitalised industries? How does venture capital contribute to their financing needs?
- How does digitalisation affect the organisation of firms in terms of stockholder relationships?
- How does the digitalisation of corporate finance affect information asymmetry and the transparency of firms?
- How does the emergence of two-sided online platforms affect firms, and the way they obtain financing?
This conference is co-sponsored by the Journal of Corporate Finance (JCF), which has also accepted to dedicate a special issue to the conference. Submission to the special issue takes place separately and will only be open after the conference. Dual submission is possible but not mandatory. Authors can submit to the conference without automatic submission at the journal, and it is possible to submit to the special issue without having presented at the conference. Final decisions on papers submitted to the special issue will be made by the regular JCF editors.
Journal of Corporate Finance combined submission option:
All submissions should be made using the following address: https://www.journals.elsevier.com/journal-of-corporate-finance/. The guest editors will initially review the papers and decide which papers will go forward for review by two anonymous referees. The general editors of the Journal of Corporate Finance will have oversight of the final set of papers accepted for publication. The general editor in charge of the special issue is Douglas Cumming.
SKEMA Business School is an EQUIS, AACSB and AMBA -accredited academic institution. SKEMA is one of Europe’s fastest growing business schools. It currently operates on four continents with campuses in France (Sophia Antipolis, Lille and Paris), China (Suzhou), Brazil (Belo Horizonte) and the US (Raleigh – NC State campus).
The school offers a wide range of management & business programmes, taught in English and in French, at bachelor, master and doctoral levels, as well as executive education. More than 8500 students are currently enrolled in the school’s programmes worldwide. SKEMA positions itself as the leadership school, training the pioneer knowledge economy decision-makers throughout the world.
The faculty at SKEMA comprises 160 professors. The expertise of our faculty enables us to provide educational programmes which reflect the opportunities and challenges of the global economic environment.