The Jensen Prize is an annual prize given to authors with the best
corporate finance
Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and analy ...
and
organization
An organization or organisation (English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-ise, -ize (-isation, -ization), see spelling differences) is an legal entity, entity—such as ...
s
research
Research is creative and systematic work undertaken to increase the stock of knowledge. It involves the collection, organization, and analysis of evidence to increase understanding of a topic, characterized by a particular attentiveness to ...
papers
published
Publishing is the activities of making information, literature, music, software, and other content, physical or digital, available to the public for sale or free of charge. Traditionally, the term publishing refers to the creation and distribu ...
in the ''
Journal of Financial Economics''. The award is named after
Michael Jensen, a co-founding editor of the journal.
Details
Each year personal and student subscribers to the ''Journal of Financial Economics'' vote for the best paper in each of two categories after the journal's editorial office has enumerated all articles and assigned them to either the corporate finance and organizations area or the
capital markets and
asset pricing
In financial economics, asset pricing refers to a formal treatment and development of two interrelated Price, pricing principles, outlined below, together with the resultant models. There have been many models developed for different situations, ...
areas. Each subscriber may use one vote for each category. Currently the first prize in each category is
$5,000 and the second prize is $2,500. The 2007 voting occurred from February 1 - May 31, 2007.
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]
Winners
The following table is a complete list of past winners of the Jensen Prize:
See also
* List of economics awards
Notes
Economics awards
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