We are pleased to announce the following awards:
SAC CAPITAL ADVISORS LP. BEST CONFERENCE PAPER PRIZE (€3,000)
Capital Advisors, L.P. (SAC) is a private investment management firm headquartered in Stamford, CT. SAC is the successor to a firm founded by Steven A. Cohen in 1992. SAC is a diversified, research-driven investment management firm built around a premier position in long/short equity, as well as significant positions in quantitative and other strategies.
“An Asset Pricing Approach to Liquidity Effects in Corporate Bond Markets”
Dion Bongaerts, Erasmus University Rotterdam
Frank de Jong, Tilburg University
Joost Driessen, Tilburg University
NORDEA PRIZE FOR THE BEST PAPER ON CORPORATE FINANCE (€3,000)
Nordea Corporate Finance is an investment banking firm that offers corporate finance advisory services. The firm offers mergers and acquisitions, privatization, and equity issues advisory services. Additionally, it provides equity financing and consulting and corporate and sectoral restructuring services. The firm also engages in procurement of risk and loan capital and offers equity and bond management services.
“Cyclicality of Credit Supply: Firm Level Evidence”
Bo Becker, Harvard University
Victoria Ivashina, Harvard University
COMMONFUND PRIZE FOR THE BEST PAPER ON FOUNDATION AND ENDOWMENT ASSET MANAGEMENT (€3,000)
Commonfund is one of the leading investment firms for colleges, universities and secondary schools, foundations, hospitals and other philanthropic and tax-exempt organizations. Commonfund was founded in 1971 as a nonprofit, membership organization with a grant from the Ford Foundation, and while Commonfund has changed and grown dramatically since that time–expanding both their investment offerings and the client segments they serve–their mission has remained the same: to improve the investment management practices and to enhance the financial resources of their clients.
“Model Uncertainty for Long-term Investors”
Bart Diris, Erasmus University Rotterdam
SWEDISH HOUSE OF FINANCE BEST CONFERENCE PAPER BY A DOCTORAL STUDENT (€3,000)
SIFR and the Stockholm School of Economics’ are in the midst of creating the Swedish House of Finance (SHOF). SHOF will anchor research in financial economics in Sweden. Its purpose is to strengthen the international competitiveness of Swedish financial market research as well as to increase its relevance for both the private and the public financial sectors. SHOF will be funded both by government grants and private sector market participants.
“Communication and Decision-Making in Corporate Boards”
Nadya Malenko, Boston College
SPÄNGLER IQAM PRIZE FOR THE BEST PAPER IN THE REVIEW OF FINANCE (€3,000)
The Institute for Quantitative Asset Management GmbH (IQAM) is headquartered in Vienna and focuses on the continual development of analytical methods and structured asset management strategies. This is achieved through the implementation of innovative approaches. In times of global networking and ongoing changes in capital markets, the demand for enduring, efficient asset management is especially high. IQAMs asset managers combine the newest international research results with professional management techniques, and use their profound scientific expertise for it’s client’s capital accumulation.
The awards will be presented at the EFA Assembly which will take place at the Clarion Sign Hotel Ballroom, 16:00-16:15pm on Friday, August 19th, 2011.
Alex Edmans and Qi Liu
“Fear of the Unknown: Familiarity and Economic Decisions”
H. Henry Cao, Bing Han, David Hirshleifer, and Harold H. Zhang