Annual Meeting Prizes

EFA 2020 Best Conference Paper Prize (€3,000)

The Best Conference Paper Prize is the highest distinction awarded to an academic paper presented during the EFA 2020 Annual Meeting.

Prize committee:

• Francis Longstaff (UCLA)
• Antoinette Schoar (MIT)
• Ilya Strebulaev (Stanford University)

Winner
Does credit affect stock trading? Evidence from the South Sea Bubble
Fabio Braggion, Rik Frehen and Emiel Jerphanion

EFA Best Paper Prize in Responsible Finance (€3,000)

The EFA is creating the Best Paper Prize in Responsible Finance during the 2020-2022 period. The aim of this prize is to promote research on the important role that finance plays in societal progress and how a competitive and inclusive financial system can contribute to economic development. Topics include (but are not limited): role of finance in society; environmental, social & governance (ESG) investing; impact investing; sustainable finance; climate change and finance; stakeholders vs. shareholders and value creation; Long-term investment, human capital and innovation; role of the government and financial system on firm creation and growth; corporate governance; corporate social responsibility (CSR).

Prize committee:

• Franklin Allen (Imperial College London)
• Miguel Ferreira (Nova School of Business and Economics)
• Kjell Nyborg (University of Zurich & SFI)

Winner
A Theory of Socially Responsible Investment
Martin Oehmke and Marcus Opp

The Engelbert Dockner Memorial Prize for the Best Paper by Young Researchers (€3,000)

From this year on the EFA will award the best paper presented at the conference by a young researcher with a prize in memory of Engelbert Dockner (EFA President in 2016). The prize will be granted annually for the next five years (2020-2024). The winner paper will be chosen among the papers written by a young researcher(s) and accepted for presentation at the EFA Annual Meeting. Young researcher is defined as a PhD student or a young scholar or Professor who has completed his/her degree not more than one year prior to the respective EFA Annual Meeting. To be eligible papers should be accepted to the EFA Annual Meeting.

Prize committee:

Zhi Da (University of Notre Dame)
Michelle Lowry (Drexel University)
Josef Zechner (WU Vienna)

Winner
Follow the Money
Marco Grotteria

Review of Finance Prizes

2020 Pagano and Zechner Prize (€5,000)

The Pagano and Zechner Prize will be awarded at the EFA 2020 conference to the best non-investments paper published in the journal of the European Finance Association, the Review of Finance. The prize-winning paper is selected by the Editorial Board of the journal.

Winner
Are US Industries Becoming More Concentrated?
Gustavo Grullon, Yelena Larkin and Roni Michaely

2020 Spängler IQAM Best Paper in Investments Prize (€5,000)

The 2020 Spängler IQAM Best Paper Prize will be awarded at the EFA Annual Meeting for the best paper on investment published in the journal of the European Finance Association, the Review of Finance. The prize-winning paper is selected by the Editorial Board of the journal.

Winner
One Central Bank to Rule Them All
Francesca Brusa, Pavel Savor and Mungo Wilson

2020 Review of Finance Distinguished Referee Awards

The Review of Finance Distinguished Referee Awards will be presented at the EFA 2020 Annual Meeting to three scholars who have provided outstanding refereeing service to the Review of Finance, as voted by the Editors of the journal.

Awarded to
Andrei Goncalves
Sabrina Howell
Guillaume Vuillemey

Doctoral Tutorial Prize

EFA Doctoral Tutorial Best Paper Prize (€1,500)

The best paper presented at the 2020 EFA Doctoral Tutorial will be recognized with the EFA Doctoral Tutorial Prize.

Winner
Endogenous Risk-Exposure and Systemic Instability
Chong Shu (Marshall School of Business, University of Southern California)