William Sharpe Award

The William F. Sharpe Award for Scholarship in Financial Research is an award given each year to the author of the research article published in the Journal of Financial and Quantitative Analysis (JFQA) which has made the most important contribution to financial economics.^[1] The award is dedicated to William F. Sharpe, a financial economist at Stanford University and winner of the 1990 Nobel Memorial Prize in Economic Sciences, and was established 1999. It is doted with a $5000 reward financed donated by the Litzenberger Family Foundation, Weyerhaeuser Company Foundation, William Alberts, Norman Metcalfe, and the University of Washington School of Business Administration, among others. Nominees for the William F. Sharpe Award are voted for by JFQA readers and the journal's associate editors, who then select a winner among the nominees.^[2]

List of William F. Sharpe Award winners

The following table displays a list of the winners of the William F. Sharpe Award along with information on the article for which it was received.^[3]

Paper	Author(s)	Year	Issue
"Where Have All the IPOs Gone?"	Xiaohui Gao, Jay R. Ritter, Zhongyan Zhu	2013	December 2013
"Aggregate Idiosyncratic Volatility"	Geert Bekaert, Robert J. Hodrick, Xiaoyan Zhang	2012	December 2012
"Shareholders' Say on Pay: Does It Create Value?"	Jie Cai, Ralph A. Walkling	2011	April 2011
"Can Mutual Fund Managers Pick Stocks? Evidence from Their Trades Prior to Earnings Announcements"	Malcolm Baker, Lubomir Litov, Jessica A. Wachter, Jeffrey Wurgler	2010	October 2010
"Testing Theories of Capital Structure and Estimating the Speed of Adjustment"	Rongbing Huang, Jay R. Ritter	2009	April 2009
"The Cost to Firms of Cooking Books"	Jonathan Karpoff, D. Scott Lee, Gerald S. Martin	2008	September 2008
"Characterizing World Market Integration through Time"	Francesca Carrieri, Vihang Errunza, Ked Hogan	2007	December 2007
"Top Management Incentives and the Pricing of Corporate Public Debt"	Hernan Ortiz-Molina	2006	June 2006
"Determinants of Board Size and Composition: A Theory of Corporate Boards"	Charu G. Raheja	2005	June 2005
"Abnormal Returns from the Common Stock Investments of the U.S. Senate"	Alan J. Ziobrowski, Ping Cheng, James W. Boyd, Brigitte J. Ziobrowski	2004	December 2004
"Corporate Governance and the Home Bias"	Magnus Dahlquist, Lee Pinkowitz, René M. Stulz, Rohan Williamson	2003	March 2003
"The Determinants of the Flow of Funds of Managed Portfolios: Mutual Funds vs. Pension Funds"	Diane Del Guercio, Paula A. Tkac	2002	December 2002
"Long-Run Performance and Insider Trading in Completed and Canceled Seasoned Equity Offerings"	Jonathan Clarke, Craig Dunbar, Kathleen M. Kahle	2001	December 2001
"The Long-Run Performance of Global Equity Offerings"	Stephen R. Foerster, G. Andrew Karolyi	2000 (split)	December 2000
"Behavorial Portfolio Theory"	Hersh Shefrin, Meir Statman	2000 (split)	June 2000
"A Trading Volume Benchmark: Theory and Evidence"	Paula A. Tkac	1999[4]	March 1999

Notes & References

1. Website of the William F. Sharpe Award
2. About the William F. Sharpe Award
3. List of William F. Sharpe Award winners on the award's webpage.
4. Besides the main prize, honorable mentions were awarded to Stephen Ross' "Adding Risks: Samuelson's Fallacy of Large Numbers Revisited" and William N. Goetzmann and Philippe Jorion's "Re-Emerging Markets" in 1999.