Daria Davydova for the paper "Innovation strategy: Radical and incremental innovations in M&A deals"
Joshua Traut for the paper "Which is Worse: Heavy Tails or Volatility Clusters?"
Doctoral Awards
SFI supports and promotes promising research through various awards and prizes. Following are a description of the prizes which are currently awarded by the Swiss Finance Institute and its partners:
Swiss Finance Institute Best Paper Doctoral Award
The annual SFI Best Paper Doctoral Award distinguishes a PhD student for an outstanding research paper presented at the SFI Research Days. This Award was started in 2003 by the International Center FAME and from 2006 has been extended to all Swiss Doctoral Students in Finance.
Recipients of the Best Paper Doctoral Award:
Swiss Finance Institute Best Paper Doctoral Award
2023
Daria Davydova, Joshua Traut
2022
Philippe van der Beck, Vincent Wolff
Philippe van der Beck for his paper entitled "Flow-Driven ESG Returns"
Vincent Wolff for his paper entitled "Multi-Market Effects of Financial Transaction Taxes"
2021
Coralie Jaunin
Coralie Jaunin for her paper entitled "The Equity Market Implications of the Retail Investment Boom"
2020
Jonathan Krakow
Jonathan Krakow for his paper entitled “Mutual Funds and Risk Disclosure: Information Content of Fund Prospectuses”
2019
Gazi Kabas
Gazi Kabas for his paper entitled “Unintended Consequences of Unemployment Insurance Benefits: The Role of Banks”
2018
Runjie Geng, Hongzhe Shan
Runjie Geng for his paper entitled “Recursive Equilibria in Dynamic Economies with Bounded Rationality”
Hongzhe Shan for his paper entitled “Techfin in China: Credit Market Completion and Its Growth Effect”
2017
Thomas Geelen
Thomas Geelen for his paper entitled “News about Zero-Leverage Firms”
2016
Christopher Hemmens
Christopher Hemmens for his paper entitled “Stronger Utility and the Endowment Effect”
2015
Matthias Efing, Thomas Geelen
Matthias Efing for his paper entitled “Arbitraging the Basel Securitization Framework: Evidence from German ABS Investment” and Thomas Geelen for his paper entitled “Debt Maturity and Lumpy Debt”.
2014
Ilaria Piatti
Ilaria Piatti for her paper entitled “Heterogeneous Beliefs about Rare Event Risk in the Lucas Orchard”
2013
Zexi Wang
Zexi Wang for his paper entitled "Short Sellers, Institutional Investors, and Corporate Cash Holdings"
2012
Matthias Efing
Matthias Efing for his paper entitled “Bank Capital Regulation with an Opportunistic Rating Agency”
2011
Rémy Praz
Rémy Praz for his paper entitled "Equilibrium Asset Pricing and Portfolio Choice in the Presence of both Liquid and Illiquid Markets"
2010
Julien Cujean
Julien Cujean for his paper entitled "Equilibrium Asset Prices with Bid-Ask Spreads"
2009
Cornelius Schmidt
Cornelius Schmidt for his paper entitled "How Internal Capital Markets Reduce Conglomerates' Values?"
2008
Laurent Frésard
Laurent Frésard for his paper entitled "Financial Strength and Product Market Behaviors: The Real Effects of Corporate Cash Holdings"
2007
Sébastien Michenaud
Sébastien Michenaud for his paper entitled "Analysts Consensus and Corporate Investment"
2006
Maria Cecilia Bustamante
Maria Cecilia Bustamante for her paper entitled "The Dynamics of Going Public"
Swiss Finance Institute Best Discussant Doctoral Award
The annual SFI Best Discussant Doctoral Award was begun by SFI in 2007 and is awarded to PhD students for an outstanding discussion of a paper presented at the SFI Research Days.
Recipients of the Best Discussant Doctoral Award:
Swiss Finance Institute Best Discussant Doctoral Award
2023
Leonie Bräuer
Ana Mão de Ferro
2022
Albert Flak
Giacomo Mangiante
Fabricius Somogyi
2021
Benedikt Ballensiefen
Silvia dalla Fontana
Alexis Marchal
2020
Philippe van der Beck
Andrey Pankratov
2019
Marlon Azinovic
Alexander Bechtel
Yushi Peng
2018
Paula Mirela Sandulescu
Sander Willems
2017
Igor Pozdeev
2016
Alexey Ivashchenko
2015
Sabine Elmiger
Elisabeth Pröhl
2014
Demian Berchtold
András Sali
2013
Giuliano Curatola
Rémy Praz
2012
Julien Cujean
2011
Peter Gruber
Ngoc Giang Hoang
Cornelius Schmidt
2010
Julien Cujean
Nilüfer Caliskan
Jan-Peter Kulak
2009
Anna Cieslak
Ilaria Piatti
2008
Jan-Peter Kulak
Rodolfo Prieto
Leon Bogdan Stacescu
2007
Anna Cieslak
Alexandre Jeanneret