The Society for Financial Studies is losing the masterful administrative and editing skills of Andrew Karolyi, Executive Editor of The Review of Financial Studies. Unfortunate for us, but great for Cornell University, he will become the Deputy Dean and College Dean of Academic Affairs for the Cornell DC Johnson College of Business on July 1. Andrew has dedicated an immense amount of time over the past 8 years to The Review of Financial Studies, first as Editor of RFS from 2010 to 2014 and then as Executive Editor from 2014 to 2018. During this period he has skillfully guided over 6,600 initial submissions and over 1,000 resubmissions through the editorial process, always striving for excellence and increasing the visibility and impact of the journal. Similarly, he has pushed for high quality, timely reviews and editorial decisions so that the experiences of the authors would be first rate. Andrew has also introduced valuable innovations to RFS such as the registered report idea, the first in academic finance. Using the registered reports and the special conferences associated with them, RFS will have two exceptional special issues on emerging topics that have been in need of original research, Fin Tech and Climate Finance. We thank Andrew for his dedication and contributions to furthering knowledge in finance.
RFS is pleased to welcome the following Associate Editors: Kenneth Ahern, Zhi Da, Vyacheslav Fos, Kai Li, Nadya Malenko, Veronika Pool, Alexi Savov, and Michela Verardo.
We thank our retiring Associate Editors: Hui Chen, Todd Gormley, Zhiguo He, Gerard Hoberg, Victoria Ivashina, Dirk Jenter, Amiyatosh Purnanandam, and Paul Tetlock.
All changes are effective July 1, 2018.
The winners of the RFS Awards were announced at the Awards Reception at SFS Cavalcade North America on May 23. We are pleased to share the winners:
Distinguished Referee Awards
Ralph Koijen, Eric Zwick
Michael J. Brennan Best Paper Award
“Does Hedging Affect Firm Value? Evidence from a Natural Experiment”
Erik Gilje and Jérôme Taillard
Michael J. Brennan Best Paper Runner Up
“The Freedom of Information Act and the Race Toward Information Acquisition”
Antonio Gargano, Alberto Rossi, and Russ Wermers
Referee of the Year Award
Rising Scholar Award
“Credit-Induced Boom and Bust”
Marco Di Maggio and Amir Kermani
Congratulations to all our award winners!
For past award history, please visit our Awards page.
The Editor’s Choice article for 31(6) is “The Labor Market Effects of Credit Market Information” by Marieke Bos, Emily Breza, and Andres Liberman. You can read the article free online.
The Review of Financial Studies, Columbia University Department of Economics, and the Brevan Howard Centre for Financial Analysis at Imperial College Business School are organizing a Climate Finance conference on October 5 & 6, 2018 at Mandarin Oriental Hyde Park, London. The conference funded by Norges Bank Investment Management (NBIM) will feature the completed papers from the RFS Climate Finance Call for Proposals and the proposals workshop at Columbia University in November 2017. See the January 2017 call here which includes a description of the themes and topics. There will be space at the October 2018 conference for completed papers on the final program that were not among the original proposals. The sponsoring editors and the Scientific Review committee will decide which of the submissions will qualify for the program.
The deadline for submission is June 30, 2018 and decisions will be made by July 31, 2018. There is no submission fee. Submissions should be sent to the RFS Conference on Climate Finance email address using the subject line “RFS Conference on Climate Finance Submission.” We will send you an email to confirm receipt of your submission; if you do not receive confirmation with 72 hours, we have not received your submission.
The RFS Climate Finance conference is also grateful for the support of the Society for Financial Studies, The Prince of Wales’s Accounting for Sustainability Project, University of Cambridge Institute for Sustainability Leadership.
The 2019 Conference on “New Frontiers in Banking: from Corporate Governance to Risk Management” will feature a dual submission option with RFS. The RFS sponsoring editor is Francesca Cornelli. The deadline for paper submissions is September 16, 2018. The conference will take place March 28‐30, 2019, at Bocconi University in Milan. The Call for Papers may be viewed here.
Together with the Fama-Miller Center at Chicago Booth and EDHEC, RFS will co-host a conference on “New Methods for the Cross Section of Returns.” The conference will feature a dual submission option with RFS. The RFS sponsoring editors are Stijn van Nieuwerburgh and Andrew Karolyi. The deadline for papers is June 15, 2018. The conference will take place September 27-28, 2018, at the Gleacher Center of the Booth School of Business at the University of Chicago. The Call for Papers may be viewed here. The keynote speaker, John Cochrane, has blogged about the conference here.
The Editor’s Choice article for 31(5) is “Managing the Family Firm: Evidence from CEOs at Work” by Oriana Bandiera, Renata Lemos, Andrea Prat, and Raffaella Sadun. You can read the article free online.
“Does a CEO’s Cultural Heritage Affect Performance under Competitive Pressure?” by Duc Duy Nguyen, Jens Hagendorff, and Arman Eshraghi, which published in RFS issue 31(1), was featured in Forbes in a piece titled, “New Study Links A CEO’s Cultural Heritage With Corporate Performance.” Read the article online here.