The 2021 Annual Meeting of the European Association of University Teachers of Banking and Finance (the Wolpertinger Club, http://wolpertinger.bangor.ac.uk) aims at bringing together scholars from various European universities to present and discuss their latest research on banking and financial issues. Topics areas of interest include, but are not limited to, the following: financial stability, institutional efficiency, structural and competitive changes, technological challenges, corporate governance issues and the impact of COVID-19 pandemic on the economy and financial markets.

Note: we have a hybrid mode

• life transmission from Kraków of sessions on-site (market yellow)
  Link: https://zoom.us/j/9281750195
• online only parallel sessions, mostly after lunch, marked in green or pink.
• Because of many papers, we will have two online  zoom licences for parallel online sessions:
  • Sessions S-9 (marked green– online and mixed sessions) which will be operated from room in Pav. S no.9 and managed by Michal Boda
    Link: https://zoom.us/j/9281750195
  • Sessions F-713 (marked pink) (online only), which be operated from room in Pav. F no. 713 by dr Mateusz Folwarski.
    Link: https://zoom.us/j/3203217044

Wednesday, 1st September (all participant are cordially invited)

17.00-18.00    Visit to the Jagiellonian University Museum, Collegium Maius

18.00-19.00    Welcoming reception at a cellar cafe in Jagiellonian University’s Colegium Maius (Jagiellońska street no. 15)

Thursday, 2nd September

Note: we have a hybrid mode

• life transmission from Kraków of sessions on-site (market yellow)
  Link: https://zoom.us/j/9281750195
• online only parallel sessions, mostly after lunch, marked in green or pink.
• Because of many papers, we will have two online  zoom licences for parallel online sessions:
  • Sessions S-9 (marked green– online and mixed sessions) which will be operated from room in Pav. S no.9 and managed by Michal Boda
    Link: https://zoom.us/j/9281750195
  • Sessions F-713 (marked pink) (online only), which be operated from room in Pav. F no. 713 by prof. UEK dr hab. Mateusz Folwarski.
    Link: https://zoom.us/j/3203217044

9.30-10.00   Opening of the conference (on-site, room 9, Sport Pav.)

–  Prof. Paweł Lula, Vice-Rector for Science, Cracow University of Economics

–  Prof. Elżbieta Kubińska, Director, Institute of Finance

–  Prof. Jon Williams, chair, Wolpertinger Association (online)

10.00-11.00   Opening session, keynote speakers: Key issues in European banking

Chair: Prof. Josanco Floreani, University of Udine (mixed: first two papers on-site,  last two online).

• Prof. Franco Fiordelisi, University of Essex & University of Rome III and President of the Financial Intermediation Network of European Studies (FINEST)
  Pandemic Lending: The unintended effects of model-based regulation
• Bongini Paola, Iwanicz-Drozdowska Małgorzata, Liberati Caterina
  University of Milan-Bicocca, Warsaw School of Economics, University of Milan-Bicocca
  Business Continuity Planning and Management: a lifejacket in the Covid-19 storm?
• Prof. Jean Dermine, INSEAD (online)
  Home Bias in Banks’ Holdings of Government Bonds
• Julia Woerz, Head of Unit Foreign Research Division, Oesterreichische Nationalbank (online)
  Impact of COVID-19 on bank performance and lending – empirical evidence from CESEE

11.00-11.30   Coffee break (near room F-713)

11.30-12.30   Plenary session: European banking: legacy challenges and prospective risks

Chair: Prof. Anabela Sérgio, Instituto Superior de Gestão  (on-site)

• Chesini Giuseppina, Fauri Francesca
  University of Verona, Italy/University of Bologna, Italy
  The European Central Bank: defender against financial crises and engine of integration
• Cuadros-Solas Pedro J., Salvador Carlos, Suárez Nuria
  CUNEF, University of Valencia, Autonoma University of Madrid
  Am I Riskier If I Rescue My Banks? Beyond The Effects Of Bailouts
• Floreani Josanco, Dreassi Albert, Janbaz Mehdi, University of Udine
  Liquidity Stress, ECB’s Interventions, and Sovereign Creditworthiness: The Rise of the black Swan
• Kowalewski Oskar, Skała Dorota,
  IESEG School of Management, University of Szczecin
  Does bank ownership matter when it comes to a CEO’s dismissal?

12.30-13.15   Keynote speakers: Digitalization challenges for banks (whole session online)

Chair: Prof. Giovanni Ferri, LUMSA University

• Prof. Santiago Carbo-Valverde, University of Granada and Head of Financial and Digital Area at Funcas think-tank
  Financial digitalization challenges
• Prof. Francisco Rodriguez-Fernandez, University of Granada and Senior Reseacher at Funcas think-tank
  Identifying Incentives to Increase Digital Payment Acceptance and Usage: A Machine Learning Approach
  Paper by: Allen J., Carbo-Valverde S., Chakravorti S., Rodriguez-Fernandez F., Pinar O. Payment Systems Development Group, World Bank

13.15-14.15   Lunch (sit-in, Pav. U, 1st floor)

14.15 Information on publication opportunities 

14.20-15.30  Regular Session I: Mergers and acquisition and corporate finance (mixed: mostly online)

Chair: Prof. Małgorzata Iwanicz-Drozdowska, Warsaw School of Economics

• Lucarelli Caterina, Mazzocchini Francesco James, Università Politecnica delle Marche
  Tapping the crowd for equity and herd behaviour: a discrete choice experiment to elicit willingness-to-invest
  Discussant: Giuseppina Chesini
• Mussa Hussaini, Van Diem Nguyen, Ugo Rigoni, Paolo Perego (online)
  University of Gothenburg, University of Gothenburg, Ca’ Foscari University of Venice, Free University of Bozen-Bolzano
  The value of information quality: Is there an acquisition discount for less readable financial disclosures?
  Discussant: James Francesco Mazzocchini
• Narmin Nahidi, Stefan Hirth, Thomas Lauer (online)
  Ca’ Foscari University of Venice, Aarhus University, Oakland University, Rochester Michigan,
  Digital Rights Management System in Corporate Takeover
  Discussant: Małgorzata Iwanicz-Drozdowska
• Gigante Gimede, Baldacchini Mario, Cerri Andrea, Bocconi University (online)
  Drivers of shareholder value creation in M&A: event study in the European banking sector in the post-financial crisis era
  Discussant: Mussa Hussaini

15.30 -16.00 Coffee break  (near room F-713)

16.00-17.30  Parallel Session S-9 (mostly online)

Financial education and inclusive finance (mixed: first two papers on-site, last two online).

Chair: Prof. Daniele Previati, University Roma Tre

• Previati Daniele, Ricci Ornella, Saverio Francesco, Lopes Stentella; University Roma Tre
  Measurement error and financial literacy measures
  Discussant: Vezzani Paola
• Guardiano Cristina, Ligabue V., Vezzani Paola; Università di Modena e Reggio Emilia
  An Interdisciplinary Approach to Economic Texts: the “Considerazioni Finali” by the Governor of the Bank of Italy as a Case Study
  Discussant: Elisa Bocchialini (online)
• Bongini Paola, Cucinelli Doriana, Zenga Mariangela (online)
  University of Milano Bicocca/University of Parma/University of Milano Bicocca
  How effective is financial education? A pooled cross-sectional study of financial literacy in Italy
• Elisa Bocchialini, Beatrice Ronchini, Francesca Torti (online)
  University of Padova, University of Parma, European Commission Joint Research Centre Ispra, Varese
  Does ‘Attitude Toward Finance’ matter? Its role in explaining financial knowledge
  Discussant: Daniele Previati

16.00-17.00  Parallel Session F -713 (mostly online)

COVID-19 implications for European banking

Chair: Prof. Jan Szambelańczyk, Poznań Univ. of Economics and Business

• Ferri Giovanni, LUMSA University
  Did the COVID-19 shock impair the stock performance of companies with older CEOs?
• Olszak Małgorzata, Warsaw University
  Does competition matter for the sensitivity of bank profitability to business cycle – cross country study
• Brighi Paola, Severini Sabrina, Fanti Federica
  University of Bologna and CEFIN, Università Politecnica delle Marche, Unibo Alumni
  Does the Provision of Moratorium Changed SMES’ Liquidity Needs During the Covid-19 Outbreak
• Borsuk Marcin, Kowalewski Oskar, Pisany Paweł
  European Central Bank, ESEG School of Management Lille, Polish Academy of Science
  State-owned banks and cross-country shock transmission

.

Friday, 3rd September

9.30-11.00   Session I: Factors in financial performance (on-site)

Chair: Prof. Giulio Velliscig, University of Udine

• Velliscig Giulio, Piserà Stefano, Polato Maurizio, Floreani Josanco, University of Udine
  Bail-in credibility Evidence from the emerging markets
  Discussant: Nuria Suarez
• Kil Krzysztof, Miklaszewska Ewa, Idzik Marcin
  Cracow Univ. of Economics, Cracow Univ. of Economics, Warsaw Univ. of Life Science
  How the COVID-19 is impacting bank risks and returns: Evidence from the EU members in Central Eastern and Northern Europe
• Kasiewicz Stanisław, Kurkliński Lech, Jacek Woźniak,
  SGH Warsaw School of Economics, Wojskowa Akademia Techniczna
  Competition between banks and FinTechs in the context of the COVID-19 pandemic
• Doś Anna, Pattarin Francesco
  Uniwersytet Ekonomiczny w Katowicach, University degli Studi di Modena e Reggio
  Managers’ perception of business responsibilities and its antecedents – the social cognitive theory perspective
  Discussant: Magnus Willesson

11.00-11.30   Coffee break (near F-713)

11.30-13.00   Session II: Factors in financial performance (on-site)

Chair: Prof. Ugo Rigoni, Università Ca’ Foscari Venezia

• de Andrés Pablo, Polizzi Salvatore, Scannella Enzo, Suárez Nuria
  Autonoma University of Madrid and ECGI, University of Palermo, University of Palermo, Autonoma University of Madrid
  Corruption-related disclosure in the banking industry: Evidence from GIPSI countries
  Discussant: Giulio Velliscig
• Beltrame Federico, Velliscig Giulio, Gatto Davide, Polato Maurizio
  Ca’ Foscari University, University of Udine
  A revision of Altman’s Z-Score for SMEs: suggestions from the Italian National Council of Chartered Accountants and Accounting Experts
  Discussant: Salvadore Polizzi
• Staszkiewicz Piotr, SGH Warsaw School of Economics
  Transaction Level Integration for Integrated Reporting: Evidence from Performance Simulation on Multi-Entry Accounting
  Discussant: Monika Wieczorek-Kosmala
• Nicola Carta, Vincenzo Capizzi, Elisa Cavezzali, Ugo Rigoni
  Università Ca’ Foscari Venezia; Università del Piemonte Orientale and SDA Bocconi School of Management, Università Ca’ Foscari, Università Ca’ Foscari
  Entrepreneurial Firms and Bank Financing: do Business Angels play a role
  Discussant: Aineas Mallios

13.00-14.00   Lunch (sit-in, Pav. U 1st floor)

14.00-15.30  Parallel Session S-9: Bank performance: theoretical and empirical perspective (mostly on-site, room S-9)

Chair: Prof. Luisa Anderloni, University of Milan

• Luisa Anderloni, Harasheh Murad,
  University of Milan, Bologna University
  Innovative start-ups: do their performance overcome traditional start-ups
  Discussant: Nicola Carta
• Willesson Magnus, Linnaeus University, Sweden
  Understanding the financial benefits of the Subscription Economy Using Banking Theory
• Lindblom Ted, Mallios Aineas, Sjögren Stefan, University of Gothenburg
  Licensing, Collusive Behavior and Technology Dissemination
  Discussant: Luisa Anderloni
• Pawłowska Małgorzata, Staniszewska Aleksandra, SGH Warsaw School of Economics
  Banks and Fintech, Friends or Foes. Does the Pandemic have an Impact on this Relationship?
  Discussant: Daniela Pennetta

14.00-15.30  Parallel Session F-713: Bank ESG Responsibilities (online)

Chair: Prof. Aleksandra Jurkowska

• Fioravante Geretto Enrico, Polato Maurizio, Palmieri Egidio; University of Udine
  Loan Origination and Monitoring Guidelines: How ESG indicators affect firms’ probability of default?
• Marchewka-Bartkowiak Kamilla, Poznań University of Economics and Business
  Sovereign climate debt management – a new approach to reducing fiscal risk
  Discussant: Justyna Zabawa
• Battaglia Francesca, Busato Francesco, Taddeo Simone
  University of Naples Parthenope
  The market reaction to climate risk: evidence from the European banking industry
  Discussant: Kamilla Marchewka-Bartkowiak
• Wieczorek-Kosmala Monika, Strupczewski Grzegorz
  University of Economics in Katowice, Cracow University of Economics
  Does COVID-19 pandemic change the SMEs’ perceptions of business interruption insurance?
• Sadowska Magdalena, Cracow University of Economics and NBP
  Institutional Protection Scheme and bank performance: the case of cooperative banks in Austria

15.30-17.00   Final Session Session S-9 Bank performance: international perspective (mixed)

Chair: Prof. René van der Linden, The Hague University of Applied Sciences

• Solarz Jan Krzysztof, WSB University Warsaw
  Sociology of banking. The lifespan perspective
• Van der Linden René, Łasak Piotr
  The Hague University of Applied Sciences, Jagiellonian University
  On the way to Sino-American financial coupling: towards more interdependent financial systems
  Discussant: Jan Krzysztof Solarz
• Stefano Cosma, Francesco Pattarin, Daniela Pennetta, Università di Modena e Reggio Emilia – Fondazione Marco Biagi
  Getting some fuel from incumbents: bank-FinTech relationships and their effects on growth and performance of newcomers. Evidence from Italy
• Wieczorek-Kosmala Monika, Błach Joanna, Doś Anna, University of Economics Katowice
  The interruptive power of COVID-19 from SMEs perspective: evidence from Poland
• Redkie Norbert, Folwarski Mateusz, Cracow University of Economics
  The rise of decentralized finance (DeFi) fueled by Ponzi schemes and meme driven community
• Karkowska Renata, Warsaw University
  The interaction of COVID-19 and bank lending. A European banking sector analysis

Scientific Committee:

• Prof. Ewa Miklaszewska, Cracow University of Economics, Conference Chair
• Prof. Jon Williams, Chair of the Wolpertinger Committee

Management team:

• Academic program: prof. Ewa Miklaszewska, e-mail: uumiklas@cyf-kr.edu.pl, miklasze@uek.krakow.pl
• Paper submission: prof. UEK dr hab. Aleksandra Jurkowska, e-mail: aleksandra.jurkowska@uek.krakow.pl
• Special session: prof. UEK dr hab. Mateusz Folwarski, e-mail:  mateusz.folwarski@uek.krakow.pl
• Social program and study trip: dr Krzysztof Kil, e-mail: krzysztof.kil@uek.krakow.pl, Radek Ciukaj, e-mail: radoslaw.ciukaj@uek.krakow.pl, Michał Boda, e-mail: bodam@uek.krakow.pl
• Hotels: Radek Ciukaj, e-mail: radoslaw.ciukaj@uek.krakow.pl
• Logistic: Radek Ciukaj, e-mail: radoslaw.ciukaj@uek.krakow.pl, Michał Boda, e-mail: bodam@uek.krakow.pl
• Conference website: Michał Boda, e-mail: bodam@uek.krakow.pl

• Academic program: prof. Ewa Miklaszewska, e-mail: uumiklas@cyf-kr.edu.pl, miklasze@uek.krakow.pl
• Special session: prof. UEK dr hab. Mateusz Folwarski, e-mail:  mateusz.folwarski@uek.krakow.pl
• Paper submission: prof. UEK dr hab. Aleksandra Jurkowska, e-mail: aleksandra.jurkowska@uek.krakow.pl
• Social program and study trip: dr Krzysztof Kil, e-mail: krzysztof.kil@uek.krakow.pl, Michał Boda, e-mail: bodam@uek.krakow.pl
• Hotels: Radek Ciukaj, e-mail: radoslaw.ciukaj@uek.krakow.pl