Michael Brennan Award: Difference between revisions

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The '''BlackRock [[Michael_Brennan_(finance)|Michael Brennan]] Award''' is an annual prize given to authors in recognition of important [[finance]] [[research]] papers [[academic publishing|published]] in the ''[[Review of Financial Studies]]'' (RFS). It is givenawarded annually to the best paper published in ''The Review of Financial Studies''. The annual first prize is [[U.S. Dollar|$]]20,000 and the second place prize is $7,000.<ref name=BGIMBA>{{cite web|url=http://www.oxfordjournals.org/our_journals/revfin/awards_michaelbrennan.html|accessdate=2007-09-11|date=2007|publisher=Society for Financial Studies|title=BlackRock Michael Brennan Award}}</ref>
 
==Details==
Annually, the winners are announced at the [[Western Finance Association]] meetings in June as well as in the RFS and on the website. The winners are selected by the editorial board, which includes the Executiveexecutive Editoreditor, the Coco-Editorseditors, and the Associateassociate Editorseditors. The award is part of [[BlackRock]]'s commitment to [[capital markets]] research.

The award is named in honor of the first editor of RFS, [[Michael_Brennan_(finance)|Michael J. Brennan]].<ref name=BGIMBA/>
 
==Winners==
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|"The effect of information releases on the pricing and timing of equity issues"
|[[Robert Korajczyk]], [[Deborah Lucas]], and [[Robert McDonald (academic)|Robert McDonald]]
|4
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|"Forcing firms to talk: financial disclosure regulation and externalities"
|[[Anat R. Admati]] and [[Paul Pfleiderer]]
|13 Runner-up
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