Finance
2024
Elisabeth Kempf: Winner of the 2024 Second Place Jensen Prize presented by Journal of Financial Economics in the Areas of Corporate Finance and Organizations for "Political Ideology and International Capital Allocation" (May 2023) with Mancy Luo, Larissa Schäfer, and Margarita Tsoutsoura.
Ishita Sen: Received an INQUIRE Europe Research Grant in 2024 for “The Market for Sharing Interest Rate Risk: Quantities and Asset Prices” with Umang Khetan, Jane Li, and Ioana Neamtu.
Ishita Sen: Winner of the 2024 Rising Scholar Award from The Review of Financial Studies for "Regulatory Limits to Risk Management" (June 2023).
2023
Mark L. Egan: Winner of the 2023 TIAA Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security for “Conflicting Interests and the Effect of Fiduciary Duty: Evidence from Variable Annuities” (The Review of Financial Studies, 2022) with Shan Ge and Johnny Tang.
Benjamin C. Esty: Winner of the 2023 Case Centre Award in the Finance, Accounting and Control category for “Valuing Snap After the IPO Quiet Period (A)” with Marco Di Maggio and Greg Saldutte (HBS Case 218-095).
Victoria Ivashina: Received the Robert F. Greenhill Award for Outstanding Service to the HBS Community in 2023.
Ishita Sen: Winner of the 2023 E-Axes Forum Best Paper Prize in Macroeconomic Policies and Sustainability for "Pricing of Climate Risk Insurance: Regulation and Cross-Subsidies" with Sangmin Oh and Ana-Maria Tenekedijieva.
Philippe van der Beck: Winner of the 2023 Doctoral Program Thesis Distinction from the École Polytechnique Fédérale de Lausanne (EFPL) for "Demand-based Asset Pricing: Theory, Estimation and Applications.”
2022
Lauren H. Cohen: Winner of the 2022 First Prize in the Chicago Quantitative Alliance Academic Paper Competition for "Hidden Alpha" with Manuel Ammann, Alexander Cochardt, and Stephan Heller.
Lauren H. Cohen: Winner of an Institute for Quantitative Investment Research (INQUIRE) Grant in 2022 for “Hidden Alpha” with Manuel Amman, Alexander Cochardt, and Stephan Heller.
Lauren H. Cohen: Winner of the 2022 International Powerlifting Federation (IPF) Master's World Powerlifting Competition Championship (83kg).
Lauren H. Cohen: Winner of the 2022 Best Paper Award on Finance in Management Science from the Finance Section of the Institute for Operations Research and the Management Sciences (INFORMS) for "Patent Trolls: Evidence from Targeted Firms” (December 2019) with Umit Gurun and Scott Duke Kominers.
Benjamin C. Esty: Recognized as one of the top 20 bestselling case authors for the past seven academic years (was #19 in 2021–2022) by The Case Centre out of more than 8,000 authors.
Robin Greenwood: Winner of the 2022 Roger F. Murray Award from the Institute for Quantitative Research in Finance (Q Group) for “Predicting Financial Crises.”
Josh Lerner: Winner of the 2022 Doriot Award for the Best Private Equity Research Paper for “Investing Outside the Box: Evidence from Alternative Vehicles in Private Equity” (Journal of Financial Economics, January 2022) with Jason Mao, Antoinette Schoar, and Nan R. Zhang.
Emily R. McComb: Received the 2022 Charles M. Williams Award for Teaching Excellence.
Emily R. McComb: Recipient of the 2022 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.
Ishita Sen: Winner of the 2022 European Finance Association Best Paper Prize in Responsible Finance for "Pricing of Climate Risk Insurance: Regulation and Cross-Subsidies" with Sangmin Oh and Ana-Maria Tenekedijieva.
Boris Vallee: Recipient of the Distinguished Referee Award from the Review of Financial Studies in 2022.
2021
Malcolm P. Baker: Received the 2021 HBS Student Association Faculty Award for Outstanding Teaching.
Lauren H. Cohen: “AQR’s Momentum Funds (A)” (HBS Case 211-025) with Daniel Bergstresser, Randolph Cohen, and Christopher Malloy was selected as a Case Centre Bestselling Finance, Accounting and Control Case in 2021.
Lauren H. Cohen: Winner of the 2021 John L. Weinberg/IRRCI Research Paper Award Competition for “The ESG-Innovation Disconnect: Evidence from Green Patenting” with Umit Gurun and Quoc Nguyen.
Lauren H. Cohen: Invited to give a keynote address at the launch of the eNaira, Nigeria’s Central Bank Digital Currency (CBDC), 2021.
Lauren H. Cohen: Winner of a National Science Foundation Science of Science & Innovation Policy (Sci-SIP) Award for Assessing the Impact of Non-Practicing Entities on U.S. Innovation with Umit Gurun, Scott Kominers, 2015–2021.
Lauren H. Cohen: Recipient of a 2021 Top Cited Article Award from Wiley Publishing for Lazy Prices (Journal of Finance, June 2020) with Christopher Malloy and Quoc Nguyen.
Shawn A. Cole: Winner of the 2021 Teaching Recognition Award for Excellence in Sustainable Finance Education from the Financial Times and the Impact and Sustainable Finance Faculty Consortium for the course, "Investing for Risk, Return, and Impact," developed with Vikram Gandhi.
Paul A. Gompers: Winner of the 2021 Doriot Award for the Best Private Equity Research Paper for “How Do Venture Capitalists Make Decisions?” (Journal of Financial Economics, January 2020) with William Gornall, Steven N. Kaplan, and Ilya A. Strebulaev.
Robin Greenwood: Recipient of the Robert F. Greenhill Award for Outstanding Contributions to the HBS community in 2019 and 2021.
Victoria Ivashina: Winner of the 2021 Journal of Financial Intermediation Best Paper Award for "Large Banks and Small Firm Lending" (October 2021) with Vitaly Bord and Ryan D. Taliaferro.
Kristin W. Mugford: Received the 2021 HBS Student Association Faculty Award for Outstanding Teaching.
Ishita Sen: Received an INQUIRE Europe Research Grant in 2021.
Ishita Sen: Received a 2021 Research Fellowship from the Center for Insurance Policy Research at the National Association of Insurance Commissioners.
2020
Edward B. Berk: Received the Robert F. Greenhill Award for Outstanding Service to the HBS Community in 2020.
Lauren H. Cohen: Winner of the 2020 Best Paper Prize in Quantitative Investments at the Annual Meeting of the Financial Management Association with Huaizhi Chen and Umit Gurun for "Don't Take Their Word for It: The Misclassification of Bond Mutual Funds" (Journal of Finance, 2021).
Lauren H. Cohen: Winner of the 2020 Best Paper Prize at the University of Cambridge Consortium on Asset Management with Huaizhi Chen and Umit Gurun for "Don't Take Their Word for It: The Misclassification of Bond Mutual Funds" (Journal of Finance, forthcoming).
Lauren H. Cohen: Invited to brief the United States Congress on innovation policy, 2020.
Lauren H. Cohen: Winner of the 2020 Global Thought Leadership Grant on Corporate Social Responsibility (CSR) from Fordham University Gabelli School of Business and PVH Corp. for “The ESG-Innovation Disconnect: Evidence from Green Patenting” with Umit Gurun and Quoc Nguyen.
Lauren H. Cohen: Recipient of a 2020 Top Cited Article Award from Wiley Publishing for Lazy Prices (Journal of Finance, June 2020) with Christopher Malloy and Quoc Nguyen.
Paul A. Gompers: Winner of the 2020 Journal of Financial Economics First Place Jensen Prize for “How Do Venture Capitalists Make Decisions?” (January 2020) with William Gornall, Steven N. Kaplan, and Ilya A. Strebulaev.
John D. Macomber: Healthy Buildings: How Indoor Spaces Drive Performance and Productivity (Harvard University Press, 2020) with Joseph G. Allen is one of Fortune’s Best Books of 2020.
Kristin W. Mugford: Received the 2020 Charles M. Williams Award for Teaching Excellence.
Kristin W. Mugford: Received the 2020 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.
Ishita Sen: Winner of the 2020 Jack Treynor Prize from the Institute for Quantitative Research in Finance for "Regulatory Limits to Risk Management."
Boris Vallee: Winner of the 2020 Rising Scholar Award from the Review of Corporate Finance Studies for “Contingent Capital Trigger Effects: Evidence from Liability Management Exercises” (September 2019).
2019
Edward B. Berk: Received the 2019 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class’s HBS experience.
Lauren H. Cohen: Winner of the 2019 Best Paper Award in Investments at the Center for Financial Planning Academic Research Conference for “Lazy Prices” with Christopher Malloy and Quoc Nguyen.
Robin Greenwood: Winner of the 2019 Fama-DFA Second Place Prize for the Best Paper Published in the Journal of Financial Economics in the Areas of Capital Markets and Asset Pricing for "Bubbles for Fama" with Andrei Shleifer and Yang You (January 2019).
Robin Greenwood: Winner of the 2019 Swiss Finance Institute Outstanding Paper Award for "The Impact of Pensions and Insurance on Global Yield Curves" with Annette Vissing-Jorgensen.
Victoria Ivashina: Received the 2019 Apgar Award for Innovation in Teaching.
Ishita Sen: Winner of the 2019 European Finance Association (EFA) Best Conference Paper Prize for "Regulatory Limits to Risk Management."
2018
Malcolm P. Baker: Received the 2018 Robert F. Greenhill Award.
Edward B. Berk: Received the 2018 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class’s HBS experience.
Lauren H. Cohen: Winner of the 2018 Crowell Memorial Prize For the Best Paper on Quantitative Investing from PanAgora Asset Management for “IQ from IP: Simplifying Search in Portfolio Choice” (with Huaizhi Chen, Umit Gurun, Dong Lou, and Christopher J. Malloy).
Lauren H. Cohen: Named a Poets & Quants Favorite MBA Professor of 2017.
Mihir A. Desai: Winner of the 2018 Axiom Business Book Award Bronze Medal in the Economics category for The Wisdom of Finance: Discovering Humanity in the World of Risk and Return (Houghton Mifflin Harcourt, 2017).
Victoria Ivashina: Finalist for the 2018 Pagano & Zechner Prize for Best Non-Investments Paper Published in the Review of Finance for "Financial Repression in the European Sovereign Debt Crisis" (February 2018) with Bo Becker.
Elisabeth Kempf: Winner of the 2018 Best Paper Award at the Financial Research Association Annual Conference for “Partisan Professionals: Evidence from Credit Rating Analysts” with Margarita Tsoutsoura.
2017
Lauren H. Cohen: Named a Top 40 Under 40 Business School Professor Globally by Poets & Quants in 2017.
Lauren H. Cohen: Named one of Harvard Business School’s Best Teachers - CNBC, 2017.
Lauren H. Cohen: Competitor in the 2017 World's Strongest Man competition (80KG).
Victoria Ivashina: Winner of the 2017 Second Place Jensen Prize for the Best Paper Published in the Journal of Financial Economics in the Area of Corporate Finance and Organizations for "The Ownership and Trading of Debt Claims in Chapter 11 Restructurings" (February 2016) with Benjamin Iverson and David C. Smith.
Elisabeth Kempf: Awarded the 2017 J.C. Ruigrok Prize for the best economics dissertation in the Netherlands from the Royal Dutch Society for the Sciences
for “Essays in Corporate Finance and Financial Intermediation” (Tilburg University, June 2016).
Elisabeth Kempf: Awarded the 2017 KVS Medal for the best PhD thesis in economics in the Netherlands by the Royal Netherlands Economic Association for “Essays in Corporate Finance and Financial Intermediation” (Tilburg University, June 2016).
Kristin W. Mugford: Received the 2017 Robert F. Greenhill Award.
2016
Malcolm P. Baker: Inducted into the Brown University Athletic Hall of Fame in 2016.
Lauren H. Cohen: Set the All-Time World Record in the Squat in the 165 lb. drug-tested division of the United States Powerlifting Association (USPA) with a squat of 583 lbs in December 2016.
Lauren H. Cohen: Winner of the 2016 First Prize in the Chicago Quantitative Alliance Academic Paper Competition for "Lazy Prices" with Christopher J. Malloy and Quoc Nguyen.
Lauren H. Cohen: Winner of the 2016 Hillcrest Behavioral Finance Award for "Lazy Prices" with Christopher J. Malloy and Quoc Nguyen.
Lauren H. Cohen: Winner of the 2016 Jack Treynor Prize from The Institute for Quantitative Research in Finance (Q-Group) for "Lazy Prices" with Christopher J. Malloy and Quoc Nguyen.
Lauren H. Cohen: Winner of the 2016 Best Paper Prize of the Journal of Investment Consulting Academic Paper Competition for "Cloaked Trading" with Dong Lou and Christopher J. Malloy.
Victoria Ivashina: Recipient of the Distinguished Referee Award from the Review of Financial Studies in 2016.
Elisabeth Kempf: Winner of the AQR Top Finance Graduate Award in 2016.
Elisabeth Kempf: Winner of the Cubist Systematic Strategies PhD Candidate Award for Outstanding Research from the Western Finance Association in 2016.
Elisabeth Kempf: Winner of the 2016 Finanzforum Vordenken Young Innovator Award.
Elisabeth Kempf: Winner of the 2016 Young Scholars Finance Consortium Best PhD Student Paper Award for “The Job Rating Game: The Effects of Revolving Doors on Analyst Incentives.”
John D. Macomber: Winner of the 2016 Page Prize for Sustainability Issues in Business Curricula for the MBA Course "Building Sustainable Cities and Infrastructure."
Kristin W. Mugford: Received the 2016 Charles M. Williams Award for Excellence in Teaching.
Kristin W. Mugford: Received the 2016 HBS Student Association Faculty Award for Outstanding Teaching.
Erik Stafford: Winner of the 2016 Case Centre Award in the Finance, Accounting and Control category for "Valuation of AirThread Connections" (with Joel Heilprin, HBS Brief Case 114-263).
Adi Sunderam: Joint winner of the Ieke van den Burg Prize for Research on Systemic Risk awarded by the European Systemic Risk Board (ESRB) for “Liquidity Transformation in Asset Management: Evidence from the Cash Holdings of Mutual Funds” (with Sergey Chernenko).
2015
Malcolm P. Baker: Received the 2015 Charles M. Williams Award for Teaching Excellence.
Lauren H. Cohen: Winner of the Inaugural Hakan Orbay Research First Prize Award in 2015 for “Resident Networks and Corporate Connections: Evidence from World War II Internment Camps” with Umit Gurun and Christopher Malloy (Journal of Finance, 2017).
Shawn A. Cole: Won the 2015 Faculty Pioneer Award from The Aspen Institute for work on Business and Society.
Shawn A. Cole: Winner of the 2015 Shin Research Excellence Award from The Geneva Association and the IIS (International Insurance Society) for
his work on insurance.
Robin Greenwood: Awarded a 2015 Brattle Prize for Distinguished Paper in Corporate Finance for “A Comparative-Advantage Approach to Government Debt Maturity” with Samuel G. Hanson and Jeremy C. Stein (Journal of Finance, August 2015).
Elisabeth Kempf: Awarded Best EFA-DT Paper in 2016 by the European Finance Association Doctoral Tutorial for “The Job Rating Game: The Effects of Revolving Doors on Analyst Incentive.”
Josh Lerner: Appointed Vice Chair, Global Agenda Council on Future of Investing, World Economic Forum, 2014-2016.
Kristin W. Mugford: Received the 2015 Apgar Award for Innovation in Teaching at HBS with Stephen Kaufman for the creation of the Bridges Program.
Kristin W. Mugford: Received the 2015 HBS Student Association Special Faculty Recognition Award for extraordinary efforts as a teacher and founding chair of the EC bridges program.
Emil N. Siriwardane: Winner of the 2015 AQR Top Finance Graduate Award at Copenhagen Business School.
Boris Vallee: Winner of the 2015 Arthur Warga Award for Best Paper in Fixed Income from the Society for Financial Studies for “Call Me Maybe? The Effects of Exercising Contingent Capital.”
Boris Vallee: Winner of a Benjamin Delessert Award for Household Savings Special Jury Prize in 2015 for his PhD thesis, "Three Essays on Financial Intermediation."
Boris Vallee: Winner of 2015 Best PhD Thesis in Economics from the Association Française de Science Economique (AFSE).
Boris Vallee: Winner of the 2015 HEC Foundation PhD Thesis Prize for, “Three Essays on Financial Innovation.”
Boris Vallee: Awarded the 2015 Ieke van den Burg Prize for Research on Systemic Risk from the European Systemic Risk Board (ESRB) for "The Motives for Financial Complexity: An Empirical Investigation" with Claire Célérier.
Luis M. Viceira: Received the 2014–2015 Robert F. Greenhill Award.
2014
Malcolm P. Baker: Winner of a 2014 Graham and Dodd Scroll Award from the Financial Analysts Journal with Brendan Bradley and Ryan Taliaferro for “The Low-Risk Anomaly: A Decomposition into Micro and Macro Effects” (March–April 2014).
Lauren H. Cohen: Set the All-Time World Record in the Squat in the 181 lb. drug-tested division of the United States Powerlifting Association (USPA) with a squat of 630 lbs in December 2014.
Lauren H. Cohen: Winner of the 2014 Crowell Memorial Prize for Best Paper on Quantitative Investing from PanAgora Asset Management for "Playing Favorites: How Firms Prevent the Revelation of Bad News" (with Dong Lou and Christopher J. Malloy, 2014).
Lauren H. Cohen: Winner of an Institute for Quantitative Investment Research (INQUIRE) Grant in 2014 for “Cloaked Trading” with Dong Lou and Christopher Malloy.
Benjamin C. Esty: Recognized in 2014 as one of the top case writers over the past 40 years by The Case Centre (formerly the European Case Clearing House or ECCH).
Benjamin C. Esty: Received the 2013–2014 Greenhill Award for Outstanding Faculty Service.
Robin Greenwood: Winner of a 2014 Jack Treynor Prize from the Institute for Quantitative Research in Finance for "X-CAPM: An Extrapolative Capital Asset Pricing Model" (Journal of Financial Economics, 2015) with Nicholas Barberis, Lawrence Jin, and Andrei Shleifer. The Treynor Prize recognizes superior academic working papers with potential applications in the fields of investment management and financial markets.
Robin Greenwood: Runner up for the 2014 Pearson/Prentice Hall Prize for Best Paper published in Financial Management in the previous two years for
"Agency Costs, Mispricing, and Ownership Structure" (2012) with Sergey Chernenko and C. Fritz Foley.
Samuel G. Hanson: Winner of the 2014 Rising Scholar Award from The Review of Financial Studies for his paper with Adi Sunderam, “The Growth and Limits of Arbitrage: Evidence from Short Interest.”
Victoria Ivashina: Winner of the 2014 Rising Star in Finance Award presented at the Rising Stars Conference, Gabelli School of Business, Fordham University.
Josh Lerner: Winner of the 2014 Award for Academic Excellence and Alternative Investment Research from the Chartered Alternative Investment Analyst Association.
Josh Lerner: Received the Excellence in Refereeing Award, American Economic Review, 2013.
Adi Sunderam: Winner of the 2014 Rising Scholar Award from The Review of Financial Studies for his paper with Samuel G. Hanson, “The Growth and Limits of Arbitrage: Evidence from Short Interest.”
Boris Vallee: Winner of the 2014 Best PhD Thesis in Financial Markets from the Association Françoise de Finance/Institut Européen de données financièries (AFFI/EUROFIDAI).
Boris Vallee: Winner of the 2014 Top Finance Graduate Award from the Center for Financial Frictions (FRIC) and the Department of Finance at Copenhagen Business School.
Luis M. Viceira: First Arthur Warga Award for the Best Paper in Fixed Income from The Society for Financial Studies, 2014 Finance Cavalcade, for “Monetary Policy Drivers of Bond and Equity Risks” (with John Y. Campbell and Carolin E. Pflueger).
2013
Malcolm P. Baker: Second Place Winner of the 2012 Jensen Prize for the Best Corporate Finance Paper Published in the Journal of Financial Economics for "The Effect of Reference Point Prices on Mergers and Acquisitions" (with Xin Pan and Jeffrey Wurgler, October 2012).
Lauren H. Cohen: Winner of the Columbia Millstein Center & Investor Responsibility Research Center Grant, 2013.
Lauren H. Cohen: Winner of the 2013 Fama-DFA Second Place Prize for the Best Paper Published in the Journal of Financial Economics in the Areas of Capital Markets and Asset Pricing for "Legislating Stock Prices" (with Karl Diether and Christopher Malloy, December 2013).
Benjamin C. Esty: Received the 2012 Charles M. Williams Award for Excellence in Teaching.
W. Carl Kester: Recipient of the Robert F. Greenhill Award in 1992, 1994, 2005, and 2011.
Josh Lerner: Named one of the ten most influential academics in the institutional investing world by Asset International's Chief Investment Officer Magazine, 2013.
Emil N. Siriwardane: Finalist for the 2013 Best Finance Ph.D. Dissertation Award in Honor of Professor Stuart I. Greenbaum from the John M. Olin School of Business at Washington University in St. Louis.
Boris Vallee: Finalist for the 2013 Best Finance PhD Dissertation Award in Honor of Professor Stuart I. Greenbaum from the John M. Olin School of Business at Washington University in St. Louis.
2012
Benjamin C. Esty: Received the 2012 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.
Benjamin C. Esty: Received the 2012 Trailblazer Award from the HBS African American Student Union and the African American Alumni Association for contributions to the Harvard community and the summer venture in management program (SVMP).
Stuart C. Gilson: Winner of the 2012 Distinguished Paper Award from the Business Policy and Strategy Division of the Academy of Management for his paper with Emilie Feldman and Belén Villalonga, “Do Analysts Add Value When They Most Can? Evidence from Corporate Spinoffs” (Strategic Management Journal).
Victoria Ivashina: Named a Hellman Faculty Fellow, 2011–2013.
Josh Lerner: Named one of the 100 most influential people in private equity over the past decade by Private Equity International Magazine, 2012.
Adi Sunderam: Won the 2012 Young Researcher Prize from The Review of Financial Studies for his paper with Sergey Chernenko, "The Real Consequences of Market Segmentation."
2011
Malcolm P. Baker: Received a 2011 Emerald Management Review Citation of Excellence Award for his paper with Jeffrey Wurgler, “Investor Sentiment in the Stock Market” (The Journal of Economic Perspectives, Spring 2007).
Malcolm P. Baker: Received a 2011 Graham and Dodd Scroll Award from the Financial Analysts Journal with Brendan Bradley and Jeffrey Wurgler for "Benchmarks as Limits to Arbitrage: Understanding the Low-Volatility Anomaly" (January–February 2011).
Malcolm P. Baker: Won the William F. Sharpe Award for Best Paper in 2011 for his paper with Lubomir Litov, Jessica A. Wachter, and Jeffrey Wurgler, “Can Mutual Fund Managers Pick Stocks? Evidence from Their Trades Prior to Earnings Announcements” (Journal of Financial and Quantitative Analysis, October 2010).
Lauren H. Cohen: Won the 2011 Richard A. Crowell Memorial Award, First Prize, from PanAgora Asset Management’s Quantitative Research Institute for the best paper in the field of quantitative investment for his paper with Dong Lou, “Complicated Firms” (Journal of Financial Economics, May 2012).
Lauren H. Cohen: Winner of a National Science Foundation Faculty Early Career Development (CAREER) Award for for work on Relationships in Finance, 2009–2014.
Victoria Ivashina: Won the 2011 Nordea Prize from the European Finance Association for the Best Paper on Corporate Finance for her paper with Bo Becker, “Cyclicality of Credit Supply: Firm Level Evidence” (Harvard Business School Working Paper, No. 10–107, June 2010. Revised August 2011.)
2010
Lauren H. Cohen: Winner of the 2010 Best Paper Prize from the Center for Research in Security Prices Forum for "Complicated Firms" (with Dong Lou, Journal of Financial Economics, May 2012).
Lauren H. Cohen: Won the 2010 First Prize Chicago Quantitative Alliance Academic Paper Competition with Christopher Malloy for their paper with Lukasz Pomorski, "Decoding Inside Information" (NBER Working Paper Series, No. 16454, October 2010).
Lauren H. Cohen: Presented testimony on the “Impacts of Government Spending” to the Committee on Transportation and Infrastructure, United States House of Representatives, Sept 29, 2010.
Lauren H. Cohen: Winner of an Institute for Quantitative Investment Research (INQUIRE) Grant in 2010 for "Complicated Firms" (with Dong Lou, Journal of Financial Economics, May 2012).
Lauren H. Cohen: Winner of the 2010 First Prize in the Istanbul Stock Exchange 25th Anniversary Best Paper Competition for "Complicated Firms" (with Dong Lou, Journal of Financial Economics, May 2012).
Lauren H. Cohen: Winner of a Paul Woolley Centre Academic Grant in 2010 for "Complicated Firms" (with Dong Lou, Journal of Financial Economics, May 2012).
Lauren H. Cohen: Won the 2010 Smith Breeden Distinguished Paper Honor for the Best Paper in the Journal of Finance for his paper with Christopher Malloy and Andrea Frazzini, “Sell-Side School Ties” (August 2010).
Robin Greenwood: Won the 2010 Doctoral Award for Excellence in Mentoring.
Josh Lerner: Winner of the 2010 Axiom Business Book Award Gold Medal for the Best Book on Entrepreneurship for Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed and What to Do About It (Princeton University Press, 2009).
Josh Lerner: Elected a Fellow of the European Corporate Governance Institute in 2010.
Josh Lerner: Winner of the 2010 Global Award for Entrepreneurship, given by the Swedish Entrepreneurship Forum, the Swedish Agency for Economic and Regional Growth, and Sweden's Research Institute of Industrial Economics, for his pioneering research into venture capital and venture capital-backed entrepreneurship.
2009
Lauren H. Cohen: Received a 2009 Emerald Management Reviews Citation of Excellence Award for his paper with Andrea Frazzini, “Economic Links and Predictable Returns” (Journal of Finance, August 2008).
Lauren H. Cohen: Winner of an Institute for Quantitative Investment Research (INQUIRE) Grant in 2009 for "Decoding Inside Information" (NBER Working Paper Series, No. 16454, October 2010) with Christopher Malloy and Lukasz Pomorski.
Mihir A. Desai: Runner up for the 2009 Review of Financial Studies-Michael Brennan Best Paper Prize for his paper with C. Fritz Foley and Kristen Forbes, "Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Crises" (November 2008).
C. Fritz Foley: Runner up for the 2009 Review of Financial Studies-Michael Brennan Best Paper Prize for his paper with Mihir Desai and Kristen Forbes, "Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Crises" (November 2008).
Stuart C. Gilson: Appointed Business Law Advisor to the Business Bankruptcy Committee of the American Bankruptcy Association, 2008–2010.
Robin Greenwood: Named a Distinguished Referee in 2009 by Review of Financial Studies.
Victoria Ivashina: Named a Berol Faculty Fellow, 2008–2009.
Josh Lerner: Second Place Winner of the 2009 Fama-DFA Prize for the Best Paper Published in the Journal of Financial Economics in the Areas of Capital Markets and Asset Pricing for his paper with Paul Gompers, Anna Kovner, and David Scharfstein, "Venture Capital Investment Cycles: The Impact of Public Markets" (May 2008).
Josh Lerner: Winner of the 2009 PROSE Award for Professional and Scholarly Excellence in the Business, Finance, and Management category for Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed and What to Do About It (Princeton University Press, 2009). This award is given by the Professional and Scholarly Publishing Division of the Association of American Publishers to recognize landmark works in a field of scholarship.
Josh Lerner: Awarded a Doctorate Honoris Causa from the Technical University of Munich in 2009.
2008
Lauren H. Cohen: Named a 2008 Cutting Edge Academic, Smart Money, Pensions & Investments, 2008.
Lauren H. Cohen: Won the 2008 Smith Breeden Prize for a distinguished paper in the Journal of Finance for his paper with Andrea Frazzini, “Economic Links and Predictable Returns” (Journal of Finance, August 2008).
Mihir A. Desai: Won with C. Fritz Foley the 2008 Pearson/Prentice Hall Prize for Best Paper in Financial Management for their paper (with James R. Hines Jr.) "Dividend Policy inside the Multinational Firm" (2007).
Benjamin C. Esty: Received the 2007–2008 Greenhill Award for Outstanding Faculty Service in recognition of the work done to create the General Management Program (GMP) as well as teaching and scholarship.
C. Fritz Foley: Won with Mihir A. Desai the 2008 Pearson/Prentice Hall Prize for Best Paper in Financial Management for their paper (with James R. Hines Jr.) "Dividend Policy inside the Multinational Firm" (2007).
2007
Lauren H. Cohen: Won the 2007 Barclays Global Investors Best Paper Prize, Asset Allocation Symposium, European Finance Association, for the paper with Andrea Frazzini and Christopher Malloy, “The Small World of Investing: Board Connections and Mutual Fund Returns” (Journal of Political Economy, October 2008).
Lauren H. Cohen: Won the 2007 Smith Breeden Distinguished Paper Prize for the Best Paper in the Journal of Finance for his paper with Karl Diether and Christopher Malloy, “Supply and Demand Shifts in the Shorting Market” (October 2007).
Lauren H. Cohen: Won the 2007 Society of Quantitative Analysts Award for Best Paper in Quantitative Investments from the Western Finance Association for the paper with Breno Schmidt, “Attracting Flows by Attracting Big Clients” (Journal of Finance, October 2009).
Mihir A. Desai: Winner of the Second Place 2007 Jensen Prize presented by Journal of Financial Economics in the Areas of Corporate Finance and Organizations for his paper with Alexander Dyck and Luigi Zingales, "Theft and Taxes" (June 2007).
Benjamin C. Esty: Received the 2006–2007 Harvard Business School Apgar Award for Innovation in Teaching in recognition of curriculum in the newly created General Management Program (GMP).
Victoria Ivashina: Awarded the 2007 Larry Goldberg Prize for the Best Ph.D. Thesis in Financial Intermediation.
Josh Lerner: Received Honorable Mention for the City of Venice Award for Intellectual Property in 2007.
Arthur I Segel: Honored as 2007 Man of the Year by the 21st Century Fund, a foundation in Brookline Massachusetts that supports new initiatives in public education.
Arthur I Segel: Voted One of the Top 20 Most Influential People in Real Estate in the World by Private Equity Real Estate Magazine in 2007.
2006
Malcolm P. Baker: Nominated for the 2006 Smith Breeden Prize for the Best Finance Research Paper Published in the Journal of Finance for his paper with Jeffrey Wurgler, "Investor Sentiment and the Cross Section of Stock Returns" (August 2006).
Lauren H. Cohen: Won the 2006 BSI Gamma Foundation Grant, Firm Characteristics and Investment Management for the paper (with Andrea Frazzini) "Economic Links and Predictable Returns" (Journal of Finance, August 2008).
Lauren H. Cohen: Won the 2006 First Prize in the Chicago Quantitative Alliance Academic Paper Competition for the paper (with Andrea Frazzini) "Economic Links and Predictable Returns" (Journal of Finance, August 2008).
Lauren H. Cohen: Won the 2006 Barclays Global Investors Best Paper Prize, Asset Allocation Symposium, European Finance Association, for the paper with Breno Schmidt, “Attracting Flows by Attracting Big Clients” (Journal of Finance, October 2009).
Lauren H. Cohen: Won a 2006 Whitebox Grant for Research in the Behavioral Sciences.
Victoria Ivashina: Won the 2006 Award for the Outstanding Paper in Empirical Finance from the Southern Finance Association.
Victoria Ivashina: Won the 2006 David M. Graifman Memorial Award from New York University for the Best Ph.D. thesis.
2005
Malcolm P. Baker: Winner of the 2005 Glucksman Prize from the Glucksman Institute for Research in Security Markets Prize at New York University. Also won Second Place in 2003 and 2010.
Joshua D. Coval: Winner of the 2005 Smith Breeden Prize for Best Paper in the Journal of Finance for "Do Behavioral Biases Affect Prices?" (with Tyler Shumway, February 2005).
Josh Lerner: Named One of the 50 Most Influential People in Intellectual Property by Managing Intellectual Property magazine in 2005.
Josh Lerner: Nominated for the Smith Breeden Prize for Outstanding Paper published in the Journal of Finance in 2003, 2004, and 2005.
Luis M. Viceira: Winner of the 2005 Graham and Dodd Award for Excellence in Financial Writing from the Financial Analysts Journal and the CFA Institute for "The Term Structure of the Risk-Return Tradeoff" (with John Y. Campbell, January/February 2005).
2004
Malcolm P. Baker: Nominated for the 2004 Brattle Prize for Outstanding Paper in Corporate Finance in the Journal of Finance for his paper with Jeffrey Wurgler. "A Catering Theory of Dividends." (June 2004).
Malcolm P. Baker: Received the 2004 Robert F. Greenhill Award.
Mihir A. Desai: Won the 2004 Barclays Global Investor Best Symposium Paper for his paper with Daniel Bergstresser and Joshua Rauh, “Managerial Opportunism and Earnings Manipulation: Evidence from Defined Benefit Pension Plans.”
Josh Lerner: Innovation and Its Discontents: How Our Broken Patent System Is Endangering Innovation and Progress, and What To Do About It (Princeton University Press, 2004), with Adam Jaffe, was selected by The Economist as one of the Best Business and Economics Books of the Year.
Erik Stafford: Nominated in 2004 for the Brattle Prize for "Price Pressure Around Mergers" (with Mark Mitchell and Todd Pulvino, Journal of Finance, February 2004).
Luis M. Viceira: Winner of the 2004 Investment Potential Prize from the Three-Way Symposium of Inquire Europe, Inquire UK, and the Q-Group for "The Term Structure of the Risk-Return Tradeoff" (with John Y. Campbell, Financial Analysts Journal, January/February 2005).
2003
Josh Lerner: Winner of the 2003 Western Finance Association’s NASDAQ Award for Best Paper on Capital Formation for "Transaction Structures in Developing Countries: The Case of Private Equity" (with Antoinette Schoar).
2002
Malcolm P. Baker: Winner of the 2002 Brattle Prize for Outstanding Paper in Corporate Finance in the Journal of Finance for "Market Timing and Capital Structure" (with Jeffrey Wurgler, February 2002).
Benjamin C. Esty: Winner of the 2002 Best Paper Award at the Conference on International Corporate Governance for “Creditor Rights, Enforcement, and Debt Ownership Structure: Evidence from the Global Syndicated Loan Market” with William L. Megginson, sponsored by the Tuck Business School and the Journal of Financial and Quantitative Analysis.
Paul A. Gompers: Winner of the 2002 Geewax, Terker & Company Prize in Investment Research offered by the Rodney L. White Center at Wharton for "Corporate Governance and Equity Prices" (with Joy L. Ishii and Andrew Metrick, Quarterly Journal of Economics, February 2003).
Josh Lerner: Received the 2002 All Star Paper Award from the Journal of Financial Economics for “Venture Capitalists and the Decision to Go Public” (1994).
Erik Stafford: Winner of the 2002 Smith Breeden Prize for Outstanding Paper in the Journal of Finance for "Limited Arbitrage in Equity Markets" (with Mark Mitchell and Todd Pulvino, April 2002).
Luis M. Viceira: Winner of the 2002 TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security for Strategic Asset Allocation: Portfolio Choice for Long-Term Investors (with John Y. Campbell, Oxford University Press, 2002).
2001
Mihir A. Desai: Received the Student Association Award for Teaching Excellence from the HBS Class of 2001.
Benjamin C. Esty: Received the 2001 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.
2000
Lauren H. Cohen: Winner of a Simon Kuznets Fellowship, Outstanding Undergraduate in Economics, Penn Institute for Economic Research, 2000.
Joshua D. Coval: Winner of the 2000 Smith Breeden Prize for the best paper in the Journal of Finance for "Home Bias at Home: Local Equity Preference in Domestic Portfolios" (with Tobias J. Moskowitz, December 1999).
Erik Stafford: Winner of the 2000 Merton Miller Prize for "Managerial Decisions and Long-Term Stock-Price Performance" (with Mark Mitchell, Journal of Business, July 2000).
1999
Benjamin C. Esty: Received the 1999 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.
Josh Lerner: Named a Faculty Research Fellow in the Corporate Finance Program at the National Bureau of Economic Research, 1998-1999.
Josh Lerner: Named a Research Associate in the Productivity and Output Measurement and Corporate Finance Programs at the National Bureau of Economic Research in 1999.
Luis M. Viceira: Winner of the 1999 FAME Research Prize from the International Center for Asset Management and Financial Engineering and University of Lausanne for "Who Should Buy Long-Term Bonds? (with John Y. Campbell, American Economic Review, March 2001).
1998
Malcolm P. Baker: Winner of the 1998 George S. Dively Award for outstanding dissertation research for "Essays in Financial Economics" (Harvard University, PhD, 2000).
Stuart C. Gilson: Nominated for the 1998 Smith Breeden Prize for best paper in the Journal of Finance for “Transactions Costs and Capital Structure Choice: Evidence from Financially Distressed Firms” (1997).
Paul A. Gompers: Winner of the 1998 American Association of Individual Investors Award for Best Paper on Investments at the Western Finance Association Meeting.
Paul A. Gompers: Winner of the 1998 Smith Breeden Prize for Distinguished Paper in The Journal of Finance for “Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies” (December 1997) with Alon Brav.
Josh Lerner: Named a Faculty Research Fellow in the Productivity and Output Measurement Program of the National Bureau of Economic Research, 1996-1999.
1997
Benjamin C. Esty: Received the 1997 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.
Stuart C. Gilson: Awarded the John M. Olin Visiting Professor Fellowship, University of Virginia Law School, 1997.
Josh Lerner: Named a Berol Faculty Fellow, Harvard Business School, 1996-1997.
1996
Benjamin C. Esty: Awarded Outstanding Paper on Financial Institutions at the 1996 Southern Finance Association Annual Meeting for “The Impact of Contingent Liability on Commercial Bank Risk Taking.”
1995
Stuart C. Gilson: Winner of the 1995 Graham and Dodd Award for Excellence in Financial Writing from the Financial Analysts Journal and the CFA Institute for "Investing in Distressed Situations: A Market Survey" (1995).
1994
Stuart C. Gilson: Nominated for the 1994 Smith Breeden Prize for best paper in the Journal of Finance for "CEO Compensation in Financially Distressed Firms: An Empirical Analysis" (with M. R. Vetsuypens, 1993).
Paul A. Gompers: Awarded the 1994 Newcomen Business History Paper Prize for “The Rise and Fall of Venture Capital” (Business and Economic History, Winter 1994).
1991
Stuart C. Gilson: Winner of the 1991 Outstanding Paper in Financial Management at the Financial Management Association Annual Meetings for "CEO Compensation in Financially Distressed Firms: An Empirical Analysis" (with M. R. Vetsuypens).
Josh Lerner: Received a 1990-1991 Pre-Doctoral Fellowship from the Consortium on Competitiveness and Cooperation at the Haas School of Business, University of California at Berkeley.
1990
Josh Lerner: Received the 1989-1990 Dively Fellowship from the John F. Kennedy School of Government at Harvard University.
Josh Lerner: Received a 1989-1991 Pre-Doctoral Fellowship from the Belfer Center for Science and International Affairs at the John F. Kennedy School of Government at Harvard University.
1987
W. Carl Kester: Winner of the 1987 O'Melveny & Myers Centennial Grant for his book, Japanese Takeovers: The Global Contest for Corporate Control (Harvard Business School Press, 1991).