Vicente Cuñat, Reader in Finance at LSE, has been awarded the 2012 Brattle Group Distinguished Paper prize, repeating the success of Daniel Paravisini at last year’s awards.
The Brattle Group Prizes for best papers in Corporate Finance for 2012, judged to be exceptional by the associate editors of The Journal of Finance, were awarded at the American Finance Association's Annual Meeting in San Diego, CA on January 4-6, 2013. The annual prizes are funded through a grant from The Brattle Group and awarded at the AFA's annual meeting by a Brattle representative.
Dr Cuñat shares the $5’000 prize with his co-authors Mireia Gine (IESE Business School) and Maria Guadalupe (INSEAD). Their paper, "The Vote Is Cast: The Effect of Corporate Governance on Shareholder Value", was published in the Journal of Finance in October 2012.
Meanwhile Stavros Panageas, a Visiting Professor in Finance at LSE, won the Smith Breeden first prize, awarded to the best paper in any area other than corporate finance. Professor Panageas and his co-authors will receive $7’500 for their paper on "Technological Growth and Asset Pricing".
The continued strong performance of LSE Finance Faculty in the competition reinforces the Department’s position as a world-leading academic centre for the study of finance.