30th Annual Conference of the Multinational Finance Society
June 30-July 3, 2024, Vaasa, Finland

1) Best Paper Award (prize 750 EUR)

"Why do trading frenzies motivate “locals” to make better trading decisions?"

Wei Lu - RQI Investors

Peter L. Swan - UNSW-Sydney Business School

Joakim Westerholm - University of Sydney Business School

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2) Best Doctoral Paper Award (prize 500 EUR)

Anya Kleyemenova - Federal Reserve Board, USA

Xi Li - London School of Economics, UK

Yinan Li - London Schools of Economics, UK

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29th Annual Conference of the Multinational Finance Society

July 2-5, 2023, Paphos, Cyprus

1) Best Paper Award (prize 750 USD)

"COVID-19 PUZZLES: A RESOLUTION"

  Tony Berrada - Universite de Geneve, Switzerland
  Jerome Detemple - Boston University, USA 
  Marcel Rindisbacher - Boston University, USA

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2) Best Doctoral Paper Award (prize 500 USD)

"BUBBLES TALK: NARRATIVE AUGMENTED BUBBLE PREDICTION"

Yuting Chen - University College Dublin, Ireland
  Don Bredin - University College Dublin, Ireland
Valerio Poti - University College Dublin, Ireland

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26th Annual Conference of the Multinational Finance Society

June 30 - July 3, 2019, Jerusalem, Israel

1) Best Paper Award (prize 1000 USD)

    "Cannot Afford to Let Go: CEO Risk-taking Incentives When their Predecessors are Firm Creditors"
    Angelica Gonzalez - University of Edinburgh, UK
    Jens Hagendorff - University of Edinburgh, UK
    Georgios Voulgaris - University of Warwick, UK

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2) Best Young Researcher Award (prize 750 USD)

    "Do Underwriters Misuse Discretionary Powers?"
    Nirav Parikh - RMIT University, Australia
    Vijaya Marisetty - University of Hyderabad, India
    Monica Tan - RMIT University, Australia

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3) Best Doctoral Paper Award (prize 500 USD)

    "In Search of Peace of Mind: Who Exactly Uses Financial Advice?"
    Liron Reiter Gavish - Haifa University, Israel
    Mahmoud Qadan - University of Haifa, Israel
    Joseph Yagil - University of Haifa, and Western Galilee College, Israel

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4) Ben Graham Center for Value Investing Award (prize 1000 CAD)

    "Investor Behavior and Stock Returns"  
    Oriana Rahman - York University, Canada
    Andrei Semenov - York University, Canada

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7th Spring Conference of the Multinational Finance Society
April 19-21, 2019, Chania, Crete, Greece

1) Best Paper Award (prize 600 USD)

    "Optimal Portfolio Deleveraging Under Liquidity Costs and Margin Restrictions"
    Chanaka Edirisinghe - Rensselaer Polytechnic Institute, USA
    Jaehwan Jeong - Radford University, USA

    Download Article (pdf)

2) Best Doctoral Paper Award (prize 400 USD)

    "Risk-Neutral Cumulants, Expected Risk Premia, and Future Stock Returns"  
    Kai Wang - Bocconi University, Italy

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25th Annual Conference of the Multinational Finance Society
June 24-27, 2018, Budapest, Hungary

1) Best Paper Award (1) (prize 500 USD)

    "Liquidity Might Come at Cost: The Role of Heterogeneous Preferences"
    Shmuel Hauser - Ono Academic College, Israel
    Haim Kedar-Levy - Ben Gurion University, Israel

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2) Best Paper Award (2) (prize 500 USD)

    "Another Look at Currency Risk in International Stock Returns"
    Andrew Karolyi - Cornell University, USA
    Ying Wu - Stevens Institute of Technology, USA

    Download Article (pdf)

3) Ben Graham Center for Value Investing Award (prize 1000 CAD)

    "Does the F-score Improve the Performance of Different Value Investments Strategies in Europe?"
    Jarno Tikkanen - OP Financial Group Wealth Management, Finland
    Janne Äijö - University of Vaasa, Finland

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4) Best Doctoral Paper Award (prize 500 USD)

    "Learning About Toxicity: Why Order Imbalance can Destabilize Markets"  
    Nihad Aliyev - University of Technology Sydney, Australia
    Xue-Zhong He - University of Technology Sydney, Australia
    Talis Putnins - University of Technology Sydney, Australia

    Download Article (pdf)

24th Annual Conference of the Multinational Finance Society
June 25-28, 2017, Bucharest, Romania

1) Best Paper Award (1) (prize 500 USD)

    "A Non-Parametric Estimation for Implied Volatility"
    Farzad Alavi Fard - RMIT University, Australia
    Armin Pourkhanali - RMIT University, Australia
    Malick Sy - RMIT University, Australia 

    Download Article (pdf)


2) Best Paper Award (2) (prize 500 USD)

    "IPO Allocations and New Mutual Funds"
    Frankie Chau - Durham University, UK
    Yi Gu - Durham University, UK
    Christodoulos Louca - Cyprus University of Technology, Cyprus 

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3) Best Young Researcher Award (prize 750 USD)

    "Identification of Tail Distribution and Value-at-Risk to Equity and Futures Index Returns"  
    Jo-Yu Wang - Feng Chia University, Taiwan

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4) Best Doctoral Paper Award (prize 500 USD)

    "The Smart Vega Factor-Based Investing: Disentangling Risk Premia from Implied Volatility Smirk"
    Anmar Al Wakil - University Paris-Dauphine, PSL Research University / Natixis AM, France

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Spring 2017 Conference of the Multinational Finance Society
April 7-9, 2017, Lemesos, Cyprus

1) Best Paper Award (prize 750 USD)

    "Implied Maturity Mismatches and Investor Disagreement"
    Mark Iarovyi - Bocconi University, Italy
    Sasson Bar-Yosef - The Hebrew University of Jerusalem, Israel
    Itzhak Venezia - Tel Aviv Yaffo Academic College, Israel 

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2) Best Doctoral Paper Award (prize 500 USD)

    "Portfolio Diversification in the Sovereign Credit Swap Markets"
    Andrea Consiglio - University of Palermo, Italy
    Somayyeh Lotfi - University of Cyprus, Cyprus
    Stavros A. Zenios - University of Cyprus, Cyprus

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23rd Annual Conference of the Multinational Finance Society
June 26-29, 2016, Stockholm, Sweden

1) Best Paper Award (prize 1000 USD)

    "Accounting Profitability and Takeover Likelihood"
    Ashiq Ali - University of Texas at Dallas, USA
    Todd Kravet - University of Connecticut, USA
    Bin Li - University of Texas at Dallas, USA 

    Download Article (pdf)


2) Best Young Researcher Award (prize 750 USD)

    "Applying Benford’s Law to Detect Accounting Data Manipulation in the Banking Industry"  
    Theoharry Grammatikos - University of Luxembourg, Luxembourg
    Nikolaos Papanikolaou - University of Sussex, UK

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3) Best Doctoral Paper Award (prize 500 USD)

    "Liquidity Risk Assessment of Private Equity Investments: Evidence from European Divestment Processes"
    Pascal Stachow - University of Manchester, UK

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Spring 2016 Conference of the Multinational Finance Society
April 22-24, 2016, Lemesos, Cyprus

1) Best Paper Award (1) (prize 375 USD)

    "Coverage Termination due to Resources Constraints: Cheap Talk or Euphemism for Bleak Business Prospects?"
    Andreas Charitou - University of Cyprus, Cyprus
    Irene Karamanou - University of Cyprus, Cyprus
    Anastasia Kopita - University of Essex, UK 

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2) Best Paper Award (2) (prize 375 USD)

    "Does Investor Sentiment Really Matter?"
    Frankie Chau - Durham University Business School, UK
    Rataporn Deesomsak - Durham University Business School, UK
    Dimitrios Koutmos - Worcester Polytechnic Institute, USA

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3) Best Doctoral Paper Award (Finance) (prize 500 USD)

    "Differences in Expectations and the Cross Section of Stock Returns"
    Panayiotis Andreou - Cyprus University of Technology, Cyprus
    Anastasios Kagkadis - Lancaster University Management School, UK
    Dennis Philip - Durham University, UK
    Ruslan Tuneshev - Durham University, UK

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22nd Annual Conference of the Multinational Finance Society
June 28 - July 1, 2015, Halkidiki, Greece

1) Best Paper Award (prize 1000 USD)

    "What Does the PIN Model identify as Private Information?"
    Jefferson Duarte - Rice University, USA 
    Edwin Hu - Rice University, USA
    Lance Young - University of Washington, USA 

    Download Article (pdf)


2) Best Young Researcher Award (prize 750 USD)

    "Asymmetric Information Flows (PNF)"
    Vasiliki Athanasakou - London School of Economics, UK
    Norman Strong - Manchester Business School, UK
    Martin Walker - Manchester Business School, UK

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3) Best Doctoral Paper Award (prize 500 USD)

    "GARCH Option Pricing Models: Evidence from Joint Likelihood Estimations"
    Ioannis Papantonis - Aristotle University of Thessaloniki, Greece

    Download Article (pdf)