Overview
HEC Paris hosted the Top Finance Graduate Award 2024, organized by professors Jean-Edouard Colliard and Augustin Landier. The event showcased groundbreaking research by six top PhD candidates in finance: Jacob Conway (Stanford), Taisiya Sikorskaya (London Business School), Tim de Silva (MIT Sloan), Naz Koont (Columbia), Leland Bybee (Yale), and Julia Selgrad (NYU Stern).
Key Research Highlights
- Jacob Conway (Stanford): Investigated the impact of corporate stances on social issues on consumer behavior, finding that consumers aligned with a firm’s stance increase consumption by 19%, while those opposed decrease by 11%.
- Taisiya Sikorskaya (London Business School): Examined the influence of institutional investors on asset pricing, revealing challenges in stock short-selling and highlighting retail trading behaviors in the U.S. options market.
- Tim de Silva (MIT Sloan): Explored the trade-offs in income-contingent student loan repayment, offering policy insights to balance support for students with incentives for timely repayment.
Impact and Reflections
The award promotes innovation and encourages young scholars to explore new research areas. Winners reflected on the honor and the opportunity to engage with peers and faculty, emphasizing the event’s role in advancing financial research.
Future Prospects
The Top Finance Graduate Award serves as a launchpad for future finance leaders, fostering a vibrant community of scholars dedicated to financial economics. HEC Paris aims to continue hosting the award, contributing to the collective advancement of the field.
In conclusion, the 2024 winners’ insights and innovations promise to shape the future of finance, reflecting the high standards and innovative spirit of the Top Finance Graduate Award.
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