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Jensen Prize
The Jensen Prize is an annual prize given to authors with the best corporate finance and organizations research papers published in the ''Journal of Financial Economics''. The award is named after Michael Jensen, a co-founding advisory editor of the journal. Details Each year personal and student subscribers to the ''Journal of Financial Economics'' vote for the best paper in each of two categories after the journal's editorial office has enumerated all articles and assigned them to either the corporate finance and organizations area or the capital markets and asset pricing areas. Each subscriber may use one vote for each category. Currently the first prize in each category is $5,000 and the second prize is $2,500. The 2007 voting occurred from February 1 - May 31, 2007. Winners The following table is a complete list of past winners of the Jensen Prize: See also * List of economics awards This list of economics awards is an index to articles about notable awards for eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Finance
Corporate finance is the area of finance that deals with the sources of funding, the capital structure of corporations, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to Shareholder value, maximize or increase valuation (finance), shareholder value. Correspondingly, corporate finance comprises two main sub-disciplines. Capital budgeting is concerned with the setting of criteria about which value-adding projects should receive investment funding, and whether to finance that investment with ownership equity, equity or debt capital. Working capital management is the management of the company's monetary funds that deal with the short-term business operations, operating balance of current assets and Current liability, current liabilities; the focus here is on managing cash, inventory, inventories, and short-term borrowing an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Vishny
Robert Ward Vishny (born c. 1959) is an American economist and is the Myron S. Scholes Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. He was the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Education He received his A.B. with highest distinction (economics, mathematics, and philosophy) from the University of Michigan in 1981 and Ph.D. (Economics) from Massachusetts Institute of Technology in 1985. Academic career He is one of the prominent representatives of the school of behavioral finance. His research activities include: market for corporate control; corporate governance around the world; privatization and the role of government in the economy; behavior of institutional investors; behavior of stock prices; the economics of corruption and rent-seeking behavior. His research papers (many of them written jointly with Andrei Shleifer, Rafael La Porta and Jos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ilya A
Ilya, Iliya, Ilia, Ilja, or Ilija (russian: Илья́, Il'ja, , or russian: Илия́, Ilija, ; uk, Ілля́, Illia, ; be, Ілья́, Iĺja ) is the East Slavic form of the male Hebrew name Eliyahu (Eliahu), meaning "My God is Yahu/Jah." It comes from the Byzantine Greek pronunciation of the vocative (Ilía) of the Greek Elias (Ηλίας, Ilías). It is pronounced with stress on the second syllable. The diminutive form is Iliusha or Iliushen'ka. The Russian patronymic for a son of Ilya is " Ilyich", and a daughter is "Ilyinichna". People with the name Real people *Ilya (Archbishop of Novgorod), 12th-century Russian Orthodox cleric and saint * Ilya Ivanovitch Alekseyev (1772–1830), commander of the Russian Imperial Army *Ilya Borok (born 1993), Russian jiujitsu fighter * Ilya Bryzgalov (born 1980), Russian ice hockey goalie *Ilya Ehrenburg (1891–1967), Russian writer and Soviet cultural ambassador *Ilya Glazunov (1930–2017), Russian painter *Ilya Gringolts (born 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steven Kaplan (economist)
Steven Neil Kaplan (born 1959) is the Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business. He started teaching at the business school in 1988, and was named Neubauer Professor in 1999. He is also the Kessenich Faculty director of the Polsky Center for Entrepreneurship, at the University. Early life and education Kaplan received his AB, summa cum laude, in applied mathematics and economics from Harvard College in 1981 and earned a PhD in business economics from Harvard University in 1988. Teaching Kaplan teaches advanced courses in corporate finance and entrepreneurial finance. His areas of expertise are: Venture Capital, Corporate Governance, Private Equity, Mergers and Acquisitions, Boards of Directors, and E-Commerce. He was named one of the top twelve business school teachers in U.S., Business Week, 1994, and one of the top four business school entrepreneurship professors in U.S., Busine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Gompers
Paul A. Gompers is an American economist. He is the Eugene Holman Professor of Business Administration at the Harvard Business School. He is the co-author of three books. Early life Paul A. Gompers grew up in St. Louis, Missouri. He graduated with a bachelor's degree in biology from Harvard University in 1987. He earned a Marshall Scholarship to attend the University of Oxford, where he earned an MSc in economics. He earned a PhD in business economics from Harvard University in 1993. Career Gompers worked as a biochemist for Bayer shortly after college. After his PhD, he was an Assistant Professor of Finance at the University of Chicago's Booth School of Business. He joined the Harvard Business School, where he eventually became the Eugene Holman Professor of Business Administration. He now teaches executive education at the HBS. He has written between 50 and 60 business cases. He has also published articles in ''The Journal of Finance'', the ''Journal of Financial Economics'', t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ulrike Malmendier
Ulrike M. Malmendier (born 1973) is a German economist who is currently a professor of economics and finance at the University of California, Berkeley. Her work focuses on behavioral economics, corporate finance, and law and economics. In 2013, she was awarded the Fischer Black Prize by the American Finance Association. IDEAS lists her as among the top 5% most cited economists and as among the top 100 young economists who started publishing 15 years ago. Her work on behavioral biases in financial markets has been featured in publications including The Economist, Investors Chronicle, The Wall Street Journal, the New York Times, Barron's, The Boston Globe, Bloomberg, and The New Yorker. She has been profiled in The American Magazine and The Chronicle of Higher Education. Education Career Malmendier was born in 1973 in Cologne, then in West Germany. After high school, Malmendier trained as a bank clerk, then studied Economics on a Studienstiftung scholarship. She earned a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manju Puri
Manju Puri is an economist who currently works as the J. B. Fuqua Professor of Finance at the Fuqua School of Business at Duke University. She is an editor at the ''Review of Financial Studies'' and currently the director of the American Finance Association. Puri is director of the Center for Financial Research at the Federal Deposit Insurance Corporation (FDIC). In 2015–2016, she was on the Federal Reserve Board Model Validation Council. Career and education Puri has a Ph.D. in finance from New York University and holds an MBA from the Indian Institute of Management in Ahmedabad. Before her career as an academic, she was a corporate banking executive at HSBC in London and Mumbai. She started her academic career as an assistant professor at Stanford University and was promoted to associate professor in 2000. She left Stanford in 2003 to join Duke University. She has held visiting positions at the Reserve Bank of India (2018–2019), the University of Amsterdam (2005), the F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Metrick
Andrew Metrick is an American economist who is the current Janet L. Yellen Professor of Finance and Management at the Yale School of Management. His research has touched on topics including game theory, venture capital and private equity, and most recently on financial stability. He is also the director of the Yale Program on Financial Stability. Education Metrick graduated from Yale in 1989 with a joint bachelor's and master's degree in economics. While an undergraduate at Yale, Metrick was a research assistant for Nobel Laureate and Sterling Professor of Economics and Finance James Tobin for three years. Metrick received his Ph.D. in economics from Harvard in 1994, where his advisor was Eric Maskin, who won the Nobel Prize in Economics in 2007. Academic After receiving his Ph.D., Metrick worked as an assistant professor at Harvard for five years. His dissertation and early work focused on how individuals made decisions. When he moved to Wharton as an assistant professor in 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gary Gorton
Gary Bernard Gorton (born c. 1951) is an American economist who currently serves as the Frederick Frank Class of 1954 Professor of Finance at Yale School of Management. He is known for his theory on the role of repurchase agreements on the 2008 financial crisis. As one of the top economists in the world, Gorton is frequently mentioned as a possible recipient of the Nobel Prize in Economics. Early life Gorton was born to a psychiatrist in Phoenix. He earned a B.A. in Chinese Language and Literature from Oberlin College in 1973. After his undergraduate career, he followed a roundabout path to his current position in academia. He first obtained a M.A. in Chinese Studies from University of Michigan in 1974. He had thought of becoming an actor and even drove a cab in Cleveland. Eventually, he settled in graduate school in economics: he earned a M.A. in Economics from Cleveland State University in 1977 and a M.A. in Economics from the University of Rochester in 1980. He earned his Ph. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chen Model
In finance, the Chen model is a mathematical model describing the evolution of interest rates. It is a type of "three-factor model" (short-rate model) as it describes interest rate movements as driven by three sources of market risk. It was the first stochastic mean and stochastic volatility model and it was published in 1994 by Lin Chen, economist, theoretical physicist and former lecturer/professor at Beijing Institute of Technology, Yonsei University of Korea, and Nanyang Tech University of Singapore. The dynamics of the instantaneous interest rate are specified by the stochastic differential equations: : dr_t = \kappa(\theta_t-r_t)\,dt + \sqrt\,\sqrt\, dW_1, : d \theta_t = \nu(\zeta-\theta_t)\,dt + \alpha\,\sqrt\, dW_2, : d \sigma_t = \mu(\beta-\sigma_t)\,dt + \eta\,\sqrt\, dW_3. In an authoritative review of modern finance (''Continuous-Time Methods in Finance: A Review and an Assessment''), the Chen model is listed along with the models of Robert C. Merton, Oldrich Vasi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erik Lie
Erik Lie is a Norwegian finance professor at the University of Iowa who published a report about options backdating that led to many investigations by the SEC into the potentially illegal practice. He was the subject of profile in '' Business Week'' for his contribution to uncovering options backdating scandals. In 1991 and 1992 he served in the Royal Norwegian Navy and Norwegian Coast Guard. In 2007, he was listed as one of the ''Time'' 100, with the article on his contributions being written by former New York Governor and New York State Attorney General Eliot Spitzer. Professor Lie is recognized by his students as having a striking resemblance to the ''Footloose'' actor, Kevin Bacon Kevin Norwood Bacon (born July 8, 1958) is an American actor. His films include the musical-drama film '' Footloose'' (1984), the controversial historical conspiracy legal thriller '' JFK'' (1991), the legal drama '' A Few Good Men'' (1992), t .... Selected publications * * * Ref ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roni Michaely
Professor Roni Michaely is an SFI professor of finance at Geneva Finance Research Institute at the University of Geneva. Before that he was a Rudd Family Professor of Management and a professor of finance at Cornell University's Johnson Graduate School of Management. He obtained his PhD from New York University. Michaely's research interests are in the area of corporate finance, capital markets and valuation. His current research focuses on conflict of interest in the capital markets, corporation payout policy, and the pricing and optimal trading mechanisms of IPOs. Michaely has published numerous works (several of which received best-paper awards) in refereed journals such as the Review of Financial Studies, the Journal of Finance, the Journal of Business, and the Journal of Financial and Quantitative Analysis. His research has been also frequently featured in the Wall Street Journal, the New York Times, the Economist, Investor's Business Daily, the San Francisco Chronicle, Bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
