Announcing the Winners of the JFQA 2025 William F. Sharpe Best Paper Award
The William F. Sharpe Award for Scholarship in Financial Research recognizes researchers who, through their articles published in the JFQA, have most contributed to our understanding of important areas of financial economics. Nominees for the Sharpe Award are chosen by a vote of JFQA readers and Associate Editors; the winners, who receive a $5,000 cash prize, are selected by the Managing Editors.
The winners of the Sharpe Award for JFQA papers published in 2025 are:
Joan Farre-Mensa, University of Illinois
Roni Michaely, University of Hong Kong
Martin Schmalz, University of Oxford
For their article:
"Financing Payouts"
June 2025, Vol. 60, No. 4, pp. 1586 - 1624
Congratulations to Joan, Roni and Martin for their accomplishments.