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The winners of the three prizes in the 2008 Working Paper Competition were announced at ECGI's General Assembly held at the IESE Business School, Barcelona, on 10 April 2008.
The Egon Zehnder International Prize
The €5,000 prize for the best paper in either series on company boards and their role in corporate governance is sponsored by the international executive search firm, Egon Zehnder International.
The winning paper:
Board Structure and Price Informativeness
ECGI Finance Working Paper No. 160/2007
The authors of this paper are Daniel Ferreira, London School of Economics, CEPR and ECGI, Miguel Ferreira, ISCTE Business School and Clara Raposo, ISCTE Business School
The Standard Life Investments Finance Prize
The €5,000 prize for the best paper in the Finance series is sponsored by the leading investment company, Standard Life Investments.
The winning paper:
Agency Conflicts, Investment, and Asset Pricing
ECGI Finance Working Paper No. 167/2007
The authors of this paper are Rui Albuquerque, Boston University, CEPR and ECGI and Neng Wang Columbia Business School
The De Brauw Blackstone Westbroek Law Prize
The €5,000 prize for the best paper in the Law series is sponsored by the independent international law firm, De Brauw Blackstone Westbroek
The winning paper:
The Promise and Peril of Corporate Governance Indices
ECGI Law Working Paper No. 089/2007
The authors of this paper are Sanjai Bhagat, University of Colorado at Boulder, Leeds School of Business, Brian Bolton, University of New Hampshire, Whittemore School of Business & Economics and Roberta Romano, Yale Law School, NBER.
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