William Sharpe Award

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The William F. Sharpe Award for Scholarship in Financial Research is an award given each year to the author of the research article published in the Journal of Financial and Quantitative Analysis (JFQA) which has made the most important contribution to financial economics. [1] The award is dedicated to William F. Sharpe, a financial economist at Stanford University and winner of the 1990 Nobel Memorial Prize in Economic Sciences, and was established 1999. It is affirmed with a $5000 reward financed donated by the Litzenberger Family Foundation, Weyerhaeuser Company Foundation, William Alberts, Norman Metcalfe, and the University of Washington School of Business Administration, among others. Nominees for the William F. Sharpe Award are voted for by JFQA readers and the journal's associate editors, and the managing editors of the journal select a winner among the nominees. [2]

Contents

List of JFQA William F. Sharpe Award winners

The following table displays a list of the winners of the William F. Sharpe Award along with information on the article for which it was received. [3]

PaperAuthor(s)YearIssue
Social Transmission Bias and Investor BehaviorBing Han, David Hirshleifer, and Johan Walden2022February 2022
Granularity of Corporate DebtJaewon Choi, Dirk Hackbarth, and Josef Zechner2021June 2021
Relative Performance Evaluation in CEO Compensation: A Talent-Retention ExplanationDavid De Angelis and Yaniv Grinstein2020November 2020
Are Buybacks Good for Long-Term Shareholder Value? Evidence from Buybacks around the WorldAlberto Manconi, Urs Peyer, and Theo Vermaelen2019October 2019
Taxes, Capital Structure Choices, and Equity Value Mara Faccio and Jin Xu2018June 2018
Text-Based Industry MomentumGerard Hoberg and Gordon M. Phillips 2018December 2018
Industrial Electricity Usage and Stock ReturnsZhi Da, Dayong Huang, Hayong Yun2017February 2017
Differential Access to Price Information in Financial Markets David Easley, Maureen O'Hara, Liyan Yang2016August 2016
Taxes and Capital StructureMara Faccio, Jin Xu2015June 2015
How Does the Market Value Toxic Assets? Francis A. Longstaff, Brett W. Myers2014April 2014
"Where Have All the IPOs Gone?"Xiaohui Gao, Jay R. Ritter, Zhongyan Zhu2013December 2013
"Aggregate Idiosyncratic Volatility" Geert Bekaert, Robert J. Hodrick, Xiaoyan Zhang2012December 2012
"Shareholders' Say on Pay: Does It Create Value?"Jie Cai, Ralph A. Walkling2011April 2011
"Can Mutual Fund Managers Pick Stocks? Evidence from Their Trades Prior to Earnings Announcements" Malcolm Baker, Lubomir Litov, Jessica A. Wachter, Jeffrey Wurgler2010October 2010
"Testing Theories of Capital Structure and Estimating the Speed of Adjustment"Rongbing Huang, Jay R. Ritter2009April 2009
"The Cost to Firms of Cooking Books"Jonathan Karpoff, D. Scott Lee, Gerald S. Martin2008September 2008
"Characterizing World Market Integration through Time"Francesca Carrieri, Vihang Errunza, Ked Hogan2007December 2007
"Top Management Incentives and the Pricing of Corporate Public Debt"Hernan Ortiz-Molina2006June 2006
"Determinants of Board Size and Composition: A Theory of Corporate Boards"Charu G. Raheja2005June 2005
"Abnormal Returns from the Common Stock Investments of the U.S. Senate"Alan J. Ziobrowski, Ping Cheng, James W. Boyd, Brigitte J. Ziobrowski2004December 2004
"Corporate Governance and the Home Bias"Magnus Dahlquist, Lee Pinkowitz, René M. Stulz, Rohan Williamson2003March 2003
"The Determinants of the Flow of Funds of Managed Portfolios: Mutual Funds vs. Pension Funds"Diane Del Guercio, Paula A. Tkac2002December 2002
"Long-Run Performance and Insider Trading in Completed and Canceled Seasoned Equity Offerings"Jonathan Clarke, Craig Dunbar, Kathleen M. Kahle2001December 2001
"The Long-Run Performance of Global Equity Offerings"Stephen R. Foerster, G. Andrew Karolyi2000 (split)December 2000
"Behavioral Portfolio Theory" Hersh Shefrin, Meir Statman2000 (split)June 2000
"A Trading Volume Benchmark: Theory and Evidence"Paula A. Tkac1999 [4] March 1999

See also

Notes & References

  1. Website of the William F. Sharpe Award
  2. About the William F. Sharpe Award
  3. List of William F. Sharpe Award winners on the award's webpage.
  4. Besides the main prize, honorable mentions were awarded to Stephen Ross' "Adding Risks: Samuelson's Fallacy of Large Numbers Revisited" and William N. Goetzmann and Philippe Jorion's "Re-Emerging Markets" in 1999.

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