Call for Papers

International Conference on Small Business Finance

Rio de Janeiro, December 8-9, 2016

General information

The Center for Banking and Finance Research in Rio (CBFR) at the Brazilian School of Public and Business Administration (EBAPE), Getúlio Vargas Foundation (FGV) invites for its inaugural conference on Small Business Finance to be held on December 8-9, 2016, in Rio de Janeiro, Brazil.

The CBFR promotes cutting edge international research in the areas of banking and finance and serves as a forum for knowledge transfer and collaboration between academics and practitioners. The CBFR aims at achieving these goals by cooperating with internationally leading researchers in the areas of banking and finance from schools in Asia, Europe, and the U.S. The research questions that are investigated by the researchers of the CBFR cover broad areas of banking and finance such as the functioning of credit markets, the importance of banking for economic development or the interplay between financial and banking regulation and the quality of financial and banking services. To discuss these research questions and disseminate the results of the research projects, the CBFR publishes a newsletter and a working paper series, offers fellowships and a visitor program, and organizes research seminars, workshops, international conferences and policy events.


Brazil is currently going through a difficult economic phase with GDP shrinking and inflation soaring. Therefore, this one-and-a-half day conference aims at bringing together international and Brazilian researchers to discuss key topics in Small Business Finance and its importance for economic development. The CBFR invites paper submissions from all areas of small business finance, in particular (but not limited to) the following:

  • The evolution of small businesses financing
  • Small business financing and economic development
  • The impact of the economic and legal environment on small business finance
  • Bank financing versus alternative sources of financing for small businesses
  • The importance of trade credit for small businesses
  • Riskiness of small businesses and ways to mitigate the risk
  • Growth strategies and their interaction with small business finance
  • The impact of competition on small business finance
  • Financing and investment of micro and small enterprises

The conference will be held at EBAPE/FGV at Praia de Botafogo 190, a short taxi ride away from the famous Sugar Loaf. EBAPE has repeatedly been elected the leading school in public and business administration in Brazil and FGV is the leading think tank in Latin America. EBAPE is EQUIS accredited and is considered the Brazilian port of entry for scholars who want to undertake cutting edge research in business and public administration in Latin America.

Keynote address

Professor Allen N. Berger (University of South Carolina) has kindly accepted the invitation to give the keynote address.

FGV/HSG Best Paper Award in Finance

There will be the FGV/HSG Best Paper in Finance Award, which comes with a financial prize of USD 2,000. The award is gratefully sponsored by Henrique Sergio de Campos Salles Gregori (HSG).

Paper submission procedure

Papers have to be submitted in pdf-format by e-mail to CBFR@FGV.BR until May 31, 2016. Please indicate in the email title “Paper submission SBF conference”. Authors of accepted papers will be notified by July 15 about paper acceptance. We expect to accept around eight papers for presentation at the conference. Each paper will have a discussant and there will be ample time to discuss the paper with all participants.

There is no paper submission fee. The registration fee is USD 150 for international participants and R$ 500 for Brazilian researchers. The submission fee covers coffee breaks and lunches on both days as well as a cocktail reception at the end of the first day of the conference on December 8 from 6:00-7:30 pm. Presenters of accepted papers are exempted from paying the registration fee.

For presenters of accepted papers, we will provide an economy class roundtrip and two nights at a hotel nearby the conference venue (the nights of December 8 and 9). Please note that because of local regulations, all flight tickets and hotel rooms will have to be booked by the organizing committee (without any exceptions).

Program committee

Heitor Almeida (University of Illinois)

Thorsten Beck (Cass School of Business, City University London)

Hans Degryse (Catholic University Leuven)

Scott Frame (Federal Reserve Bank Atlanta)

Daniel Paravisini (London School of Economics and Political Science)

José-Luis Peydro (University Pompeu Fabra)

Gregory F. Udell (Indiana University)

Conference organizers

Patrick Behr (Co-Coordinator CBFR, Associate Professor of Finance, FGV-EBAPE)

Lars Norden (Co-Coordinator CBFR, Professor of Banking and Finance, FGV-EBAPE)

Additional information

CBFR in Rio and conference website:


Contact: CBFR@FGV.BR