2023 Napa/Sonoma Finance Conference 

24 & 25 March 2023 | Napa Valley, CA

Co-hosted by the UC Davis Graduate School of Management and FMA’s flagship journal, Financial Management, the 2023 FMA Napa/Sonoma Finance Conference will feature high-quality papers from scholars conducting financial research.

The 2023 Conference will be held on Saturday, 25 March 2023 at Beringer Vineyards; conference dinners will be held on Friday, 24 March and  Saturday, 25 March.

Program Co-Chairs

  • Brad Barber, Gallagher Professor of Finance and Director of the Center for Investor Welfare and Corporate Responsibility, UC Davis
  • Joseph Chen, Associate Professor of Management, UC Davis
  • Kathleen Kahle, Thomas C Moses Professor of Finance, University of Arizona & Editor, Financial Management
  • Ayako Yasuda, Professor of Finance, UC Davis


Conference Program

The conference hotels are Southbridge Napa Valley Hotel and Wydown Hotel.

Friday, 24 March

Conference Dinner, Bottega Restaurant (Banchetto Dining Room), 6:30 pm reception, 7:00 pm dinner

Saturday, 25 March

Breakfast on your own (Southbridge and Wydown both offer complimentary continental breakfast)

8:10 am, Carpool to Beringer Vineyards

8:30 am, Welcome (Hudson House)


8:45 am - 9:30 am

Decarbonizing Institutional Investor Portfolios: Helping Green the Planet or Just Greening your Portfolio?

Vaska Atta-Darkan, University of Virginia | Simon Glossner, Federal Reserve System | Philipp Krueger, University of Geneva | Pedro Matos, University of Virginia

9:30 am - 10:15 am

Property Tax Sales, Private Capital and Gentrification in the US

Cameron LaPoint, Yale School of Management

Break, 10:15 am - 10:45 am

10:45 am - 11:30 am

Financial Frictions and Human Capital Investments

Menaka V Hampole, Northwestern University

11:30 am - 12:15 pm

Subtle Discrimination

Elena S Pikulina, University of British Columbia | Daniel Ferreira, London School of Economics & Political Science

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

2:00 pm - 2:45 pm

Did Western CEO Incentives Contribute to China's Technological Rise?

Bo Bian, University of British Columbia | Jean-Marie Meier, University of Texas at Dallas

2:45 pm - 4:00 pm

On a Spending Spree: The Real Effects of Heuristics in Managerial Budgets

Paul H Décaire, Arizona State University | Denis Sosyura, Arizona State University

 * Presenting authors appear in bold 

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

Conference Dinner, Brix (The Oakville Room), 6:00 pm 

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, 18 November 2022. Paper decision notices were sent in January, 2023. Authors of accepted papers will receive two (2) night accommodations, round-trip airfare (a maximum of $1,500 US) and reimbursement for either a two (2) day rental car or reimbursement for Uber/Lyft from the arrival airport to the conference hotel and return to the airport. We are no longer accepting paper submissions.

Conference Hotels

Wydown Hotel

Premium Room: $475/night plus taxes and service fees

Luxury Corner Room: $525/night plus taxes and service fees

Southbridge Napa Hotel (sold out)

King Deluxe Rooms: $382.50/night plus taxes and service fees

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 Team is led by  Michael Goldstein, Babson College; Kathleen Kahle, University of Arizona; and Shawn Thomas, University of Pittsburgh