ANNOUNCEMENT

FINANCIAL INTERMEDIATION RESEARCH SOCIETY

We are pleased to announce the formation of The Financial Intermediation Research Society (FIRS). This is a global society of research scholars dedicated to the purpose of stimulating, promoting and disseminating research in financial intermediation. Specifically, the society will: (1) maintain a website that will provide information on conferences on financial intermediation topics worldwide, outlines of doctoral, MBA, undergraduate and other courses taught at various schools, and research papers; (2) organize conferences on financial intermediation and related topics; and (3) appoint the board of editors of The Journal of Financial Intermediation.

The main goal of the society is to provide a forum for those interested in financial intermediation and corporate finance research worldwide to be able to have ready access to each others’ research and to be able to communicate and coordinate more efficiently on a variety of issues, including the organization of conferences. We also hope to bridge the gaps that exist at present in the flow of ideas across the different continents, and to encourage the application of mainstream financial intermediation and corporate finance research to emerging market problems.

The Society’s first major event will be a conference in May 2004 in Italy. Details will be announced at a later date on our society website at www.finirs.org, and the JFI’s website at www.bus.umich.edu/jfi.

The society will host a reception at the ASSA meetings in Washington, D.C. on Saturday, January 4, 2003 at 6:30 p.m. in Meeting Room 5 at the Renaissance Hotel. At the reception, further details will be announced and questions answered about the society. Please join us.


FOUNDING MEMBERS:
Franklin Allen, Yuk-Shee Chan, Mark Flannery, Xavier Freixas, Akiyoshi Horuichi, Jan Peter Krahnen, Loretta Mester, Raghuram Rajan, and Anjan Thakor.