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The winners of the two prizes in the 2018 Working Paper Competition were announced at ECGI's Annual Lecture held at ESMT Berlin, Germany on 4 May 2018.
The Aberdeen Standard Investments Finance Prize
The €5,000 prize for the best paper in the Finance series is sponsored by the global asset manager, Aberdeen Standard Investments.
The winning paper:
Why Do Boards Exist? Governance Design in the Absence of Corporate Law.
ECGI Finance Working Paper No. 504/2017
The authors of this paper are Mike Burkart, London School of Economics and Political Science, Salvatore Miglietta, BI Norwegian Business School, Charlotte Ostergaard, BI Norwegian Business School.
The Allen & Overy Law Prize
The €5,000 prize for the best paper in the Law series is sponsored by the international legal practice, Allen & Overy.
The winning paper:
The Agency Costs of Activism: Information Leakage, Thwarted Majorities, and the Public Morality.
ECGI Law Working Paper No. 373/2017
The author of this paper is John C. Coffee, Columbia Law School.
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