Jensen Prize
From Wikipedia, the free encyclopedia
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.[1]
[edit] 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.[1]
[edit] Winners
The following table is a complete list of past winners of the Jensen Prize:[2]
| Paper | Author(s) | Year | Issue |
|---|---|---|---|
| "The complexity of compensation contracts" "The decline of takeovers and disciplinary managerial turnover" |
Stacey R. Kole Wayne H. Mikkelson and M. Megan Partch |
1997 | January May |
| "Risk management, capital budgeting, and capital structure policy for financial institutions: an integrated approach" | Kenneth A. Froot and Jeremy C. Stein | 1998 | January |
| "The determinants and implications of corporate cash holdings" | Tim Opler, Lee Pinkowitz, René M. Stulz and Rohan Williamson | 1999 | April |
| "On the optimality of resetting executive stock options" | Viral V. Acharya, Kose John and Rangarajan K. Sundaram | 2000 | July |
| "The theory and practice of corporate finance: Evidence from the field" | John R. Graham and Campbell R. Harvey | 2001 | May/June |
| "Does diversification destroy value? Evidence from industry shocks" | Owen A. Lamont and Christopher Polk | 2002 | January |
| "Stock market driven acquisitions" | Andrei Shleifer and Robert W. Vishny | 2003 | December |
| "Are dividends disappearing? Dividend concentration and the consolidation of earnings" | Harry DeAngelo, Linda DeAngelo, and Douglas J. Skinner | 2004 | June |
| "Payout policy in the 21st century " | Alon Brav, John R. Graham, Roni Michaely, and Campbell R. Harvey | 2005 | September |
| "Tax shelters and corporate debt policy" | John R. Graham and Alan L. Tucker | 2006 | September |
[edit] Notes
- ^ a b The Journal of Financial Economics Best Paper Prizes. Journal of Financial Economics (2007-06-03). Retrieved on 2007-09-11.
- ^ Jensen Prizes for the Best Papers Published in the Journal of Financial Economics in the Areas of Corporate Finance and Organizations. Journal of Financial Economics (2007-06-02). Retrieved on 2007-09-11.
 This award-related article is a stub. You can help Wikipedia by expanding it. |
 |
This economics or finance-related article is a stub. You can help Wikipedia by expanding it. |
 This article about an academic journal is a stub. You can help Wikipedia by expanding it. |
|
||||||||
