International Culture and Finance Conference to be held April 16-18

4.14.2015 Capitalism, General, News Release, School News

How Does Culture Affect Financial Decision-Making?

International Culture & Finance Conference at Wake Forest School of Business to be held April 16-18

WINSTON-SALEM, NC – Famed management consultant Peter Drucker may have said it best when he purportedly noted “Culture eats strategy for breakfast,” but how it affects economic and financial choices is the question behind an academic conference being held at Wake Forest University School of Business April 16-18, 2015. TheCulture and Finance Conference hosted by the School’s BB&T Center for the Study of Capitalism will attract an international group of scholars.

“We’ve invited some of the best and brightest minds to promote high-quality theoretical and empirical research to not only help develop a better understanding of culture’s role in financial theory and practice, but also to develop more scholarship in the area of ‘cultural finance,’” said James Otteson, executive director of the Center and Thomas W. Smith Foundation presidential chair in business ethics. “Some of the findings presented are expected to be published in the Journal of Corporate Finance.”

Andrew Karolyi, professor of finance and Alumni Chair in asset management at Cornell University’s Johnson Graduate School of Management will deliver the keynote on “The Gravity of Culture for Finance” at 7:00pm onThursday, April 16 in Farrell Hall’s Broyhill Auditorium. Karolyi’s research specializes in the area of investment management with a focus on the study of international financial markets. The public is invited to attend. Priority seating will be given to alumni and students.

Scholars from American University of Sharjah, Aukland University of Technology, Barauch College of the City University of New York, California State University, Columbia University, Maastricht University, McMaster University, Mississippi State University, Ohio State University, Rice University, SKEMA Business School and Universite de Lille, Texas Tech University, The Hong Kong Polytechnic University, University of Alberta, University of Arizona, University of California, Riverside and the World Bank are expected to present papers at this conference.

Organizers and sponsors include the Darla Moore School of Business at the University of South Carolina, Wake Forest University School of Business, the School’s BB&T Center for the Study of Capitalism, and the Center for Enterprise Research and Education at Wake Forest University. The Centers for International Business Education and Research (CIBER) is also a conference sponsor.

Media Contact: Stephanie Skordas at or 336.758.4098.