2022 Napa/Sonoma Finance Conference 

18 & 19 March 2022 | Napa Valley, CA

Co-hosted by the UC Davis Graduate School of Management and FMA’s flagship journal, Financial Management, the 2022 FMA Napa/Sonoma Finance Conference will feature high-quality papers from scholars conducting financial research.

Program Co-Chairs

  • Brad Barber, Gallagher Professor of Finance and Director of the Center for Investor Welfare and Corporate Responsibility, UC Davis
  • Utpal Bhattacharya, Executive Editor, Financial Management, and Chair Professor, Department of Finance, HKUST
  • Joseph Chen, Associate Professor of Management, UC Davis


Congratulations to the 2022 Napa/Sonoma Finance Conference Best Paper Award Winner!

Gender Bias in Promotions: Evidence from Financial Institutions
Ruidi Huang, Southern Methodist University | Erik J. Mayer, Southern Methodist University | Darius Miller, Southern Methodist University


Conference Agenda 

The conference hotel is the Harvest Inn.

Friday 18 March

Conference Dinner, Bottega Restaurant, 6:30 pm reception, 7:00 pm dinner

Saturday, 19 March

Breakfast on your own.

Breakfast restaurants within one (1) mile of the Harvest Inn include Gillwoods Cafe (opens 7:00 am), Farmstead at Long Meadow Ranch (opens 7:00 am), and The Model Bakery (opens 6:30 am).

8:15 am, Carpool to Beringer Vineyards

8:30 am, Welcome (Fermentation Room)


8:45 am - 9:30 am

Gender Bias in Promotions: Evidence from Financial Institutions
Ruidi Huang, Southern Methodist University | Erik J. Mayer, Southern Methodist University | Darius Miller, Southern Methodist University

9:30 am - 10:15 am

The Distributional Effects of Student Loan Forgiveness
Sylvain Catherine, University of Pennsylvania | Constantine Yannelis, University of Chicago

Break, 10:15 am - 10:45 am

10:45 am - 11:30 am

Segmented Arbitrage
Emil Siriwardane, Harvard Business School & NBER | Adi Sunderam, Harvard Business School & NBER | Jonathan Wallen, Harvard Business School

11:30 am - 12:15 pm

It's Not Who You Know - It's Who Knows You: Employee Social Capital and Firm Performance

DuckKi Cho, Peking University | Lyungmae Choi, City University of Hong Kong | Michael Hertzel, Arizona State University | Jessie Jiaxu Wang, Arizona State University

Luncheon (Hudson House), 12:30 pm - 2:00 pm

2:00 pm - 2:45 pm

Remotely Productive: The Efficacy of Remote Work for Executives
Ran Duchin, Boston College | Denis Sosyura, Arizona State University

2:45 pm - 4:00 pm

Venture Labor: A Nonfinancial Signal for Start-up Success
Sean Cao, Georgia State University | Jie (Jack) He, University of Georgia | Zhilu Lin, Clarkson University | Xiao Ren, Chinese University of Hong Kong

Private Tour and Tasting, 4:00 pm - 5:00 pm

Conference Dinner, Harvest Inn (Vineyard View Terrace), 6:00 pm reception, 7:00 pm dinner


* Presenting authors appear in bold.

Paper Submissions

Click here to view the Call for Papers.

The paper submission fee is $100 USD. The deadline to submit a paper was Friday, 19 November 2021. We are no longer accepting paper submissions.

Paper Decision Notices

Paper decision notices were sent on 19 January 2022. If you have not received your notice, please contact us here. 

Conference Sponsors

About UC Davis 

The UC Davis Graduate School of Management is focused on preparing the next generation of inspired, results-driven and innovative leaders who are committed to making a positive impact. Its vision as a business school on the rise is to spur new business and job creation, prepare innovative management leaders, and accelerate investment and innovation through strong partnerships with industry.

Every day, the community of faculty, students, alumni and staff is making an impact at Fortune 500 firms, mid-sized companies and promising startups by helping to put new ideas into action.

About Financial Management 
Financial Management, FMA's flagship quarterly journal, significantly impacts financial research and business practice by publishing research of high quality. The Editorial Board is led by Executive Editor Utpal Bhattacharya, HKUST, and Editors Bing Han, University of Toronto and Rajkamal Iyer, Imperial College.