More photos from Cavalcade 2016 are now available online here!
A new installment of Andrew Karolyi’s Executive Editor blog is now available. This month’s feature, “Ownership and Corporate Financial Policy: Separating Causation from Correlation,” examines “The Effect of Institutional Ownership on Payout Policy: Evidence from Index Thresholds” by Alan Crane, James Weston, and Sébastien Michenaud. Visit the RFS Executive Editor Blog to read the post.
The Editor’s Choice article for July 2016 (issue 29/7) is “Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Classs” by Manuel Adelino, Antoinette Schoar, and Felipe Severino. You can read the article free online here.
The winners of the RFS Awards were announced at the Awards Reception on Tuesday, May 17, at the SFS Finance Cavalcade Conference. We are pleased to now share the winners:
Distinguished Referee Award
Kenneth Ahern, Ing-Haw Cheng, Ran Duchin, Charles Hadlock, Victoria Ivashina, Justin Murfin, Alexi Savov, and Denis Sosyura
Michael J. Brennan Best Paper Award
“The Real Effects of Hedge Fund Activism: Productivity, Asset Allocation, and Labor Outcomes”
Alon Brav, Wei Jiang, and Hyunseob Kim
Michael J. Brennan Best Paper Runner Up
“Shadow Banking and Bank Capital Regulation”
Referee of the Year
Rising Scholar Award
“Valuing Changes in Political Networks: Evidence from Campaign Contributions to Close Congressional Elections”
Congratulations to all our award winners!
For past award history, please visit our Awards page.
David Denis and Itay Goldstein have been appointed to second terms as RFS editors.
RFS welcomes the following Associate Editors: Bo Becker, Benjamin Keys, Tarun Ramadorai, Philipp Schnabl, Heather Tookes, Adrien Verdelhan, Jessica Wachter, Motohiro Yogo.
We thank our retiring Associate Editors: Ruediger Fahlenbrach, Stuart Gillan, Jarrad Harford, Robert Hodrick, Mark Huson, Marcin Kacperczyk, Lars Lochstoer.
All changes are effective July 1, 2016.
The Editor’s Choice article for June 2016 (issue 29/6) is “The Effect of Institutional Ownership on Payout Policy: Evidence from Index Thresholds” by Alan D. Crane, Sébastien Michenaud, and James P. Weston. You can read the article free online here.
The Wharton Conference on Liquidity and Financial Crises will feature a dual submission option with RFS. The RFS sponsoring editor is Itay Goldstein. The deadline for paper submission is June 15, 2016. The conference will take place October 14-15, 2016, on the University of Pennsylvania campus in Philadelphia, PA. The Call for Papers may be viewed here.
We are pleased to announce that Cornerstone Research has pledged to continue their support for the Referee of the Year and Distinguished Referee Awards for 2016. The Review of Financial Studies is grateful to Cornerstone Research, who have been supporting these awards since 2010. The awards will be presented at Cavalcade 2016.
To see past award winners, visit RFS Awards.
The Editor’s Choice article for May 2016 (issue 29/5) is “Rare Booms and Disasters in a Multisector Endowment Economy” by Jerry Tsai and Jessica A. Wachter. You can read the article free online here.