The Jensen Prize is an annual prize given to authors with the best
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 anal ...
and
organization
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose.
The word is derived from ...
s
research
Research is "creativity, creative and systematic work undertaken to increase the stock of knowledge". It involves the collection, organization and analysis of evidence to increase understanding of a topic, characterized by a particular att ...
papers
published
Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the creation and distribution of printed works, such as books, news ...
in the ''
Journal of Financial Economics
The ''Journal of Financial Economics'' is a peer-reviewed academic journal published by Elsevier, covering the field of finance. It is considered to be one of the premier finance journals. According to the ''Journal Citation Reports'', the journa ...
''. 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
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to ...
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 economics. The list is organized by region and country of the sponsoring organization, but awards may be given to economists from other countries.
General
Americas
...
Notes
Economics awards
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