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]

List of JFQA William F. Sharpe Award winners

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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]

Paper Author(s) Year Issue
Social Transmission Bias and Investor Behavior Bing Han, David Hirshleifer, and Johan Walden 2022 February 2022
Granularity of Corporate Debt Jaewon Choi, Dirk Hackbarth, and Josef Zechner 2021 June 2021
Relative Performance Evaluation in CEO Compensation: A Talent-Retention Explanation David De Angelis and Yaniv Grinstein 2020 November 2020
Are Buybacks Good for Long-Term Shareholder Value? Evidence from Buybacks around the World Alberto Manconi, Urs Peyer, and Theo Vermaelen 2019 October 2019
Taxes, Capital Structure Choices, and Equity Value Mara Faccio and Jin Xu 2018 June 2018
Text-Based Industry Momentum Gerard Hoberg and Gordon M. Phillips 2018 December 2018
Industrial Electricity Usage and Stock Returns Zhi Da, Dayong Huang, Hayong Yun 2017 February 2017
Differential Access to Price Information in Financial Markets David Easley, Maureen O'Hara, Liyan Yang 2016 August 2016
Taxes and Capital Structure Mara Faccio, Jin Xu 2015 June 2015
How Does the Market Value Toxic Assets? Francis A. Longstaff, Brett W. Myers 2014 April 2014
"Where Have All the IPOs Gone?" Xiaohui Gao, Jay R. Ritter, Zhongyan Zhu 2013 December 2013
"Aggregate Idiosyncratic Volatility" Geert Bekaert, Robert J. Hodrick, Xiaoyan Zhang 2012 December 2012
"Shareholders' Say on Pay: Does It Create Value?" Jie Cai, Ralph A. Walkling 2011 April 2011
"Can Mutual Fund Managers Pick Stocks? Evidence from Their Trades Prior to Earnings Announcements" Malcolm Baker, Lubomir Litov, Jessica A. Wachter, Jeffrey Wurgler 2010 October 2010
"Testing Theories of Capital Structure and Estimating the Speed of Adjustment" Rongbing Huang, Jay R. Ritter 2009 April 2009
"The Cost to Firms of Cooking Books" Jonathan Karpoff, D. Scott Lee, Gerald S. Martin 2008 September 2008
"Characterizing World Market Integration through Time" Francesca Carrieri, Vihang Errunza, Ked Hogan 2007 December 2007
"Top Management Incentives and the Pricing of Corporate Public Debt" Hernan Ortiz-Molina 2006 June 2006
"Determinants of Board Size and Composition: A Theory of Corporate Boards" Charu G. Raheja 2005 June 2005
"Abnormal Returns from the Common Stock Investments of the U.S. Senate" Alan J. Ziobrowski, Ping Cheng, James W. Boyd, Brigitte J. Ziobrowski 2004 December 2004
"Corporate Governance and the Home Bias" Magnus Dahlquist, Lee Pinkowitz, René M. Stulz, Rohan Williamson 2003 March 2003
"The Determinants of the Flow of Funds of Managed Portfolios: Mutual Funds vs. Pension Funds" Diane Del Guercio, Paula A. Tkac 2002 December 2002
"Long-Run Performance and Insider Trading in Completed and Canceled Seasoned Equity Offerings" Jonathan Clarke, Craig Dunbar, Kathleen M. Kahle 2001 December 2001
"The Long-Run Performance of Global Equity Offerings" Stephen R. Foerster, G. Andrew Karolyi 2000 (split) December 2000
"Behavioral Portfolio Theory" Hersh Shefrin, Meir Statman 2000 (split) June 2000
"A Trading Volume Benchmark: Theory and Evidence" Paula A. Tkac 1999[4] March 1999

See also

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Notes & References

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  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.