Best Paper Awards of 2025

Corporate Finance (sponsored by Wharton Research Data Services – WRDS)

Between Boardrooms and the Beltway: The Career Paths of Senior Regulators, by Jeffery (Yudong) Wang, Boston College, Ran Duchin, Boston College, and Joseph Kalmenovitz, University of Rochester

Investments

Box Jumping: Portfolio Recompositions to Achieve Higher Morningstar Ratings”, by Lauren Cohen, Harvard University, David Kim, Massachusetts Institute of Technology, and Eric So, Massachusetts Institute of Technology

Financial Markets

Non-Fundamental Loan Renegotiations”, by AJ Chen, University of British Columbia, Matthew Phillips, Massachusetts Institute of Technology, Regina Wittenberg-Moerman, Northwestern University, and Tiange Ye, University of Southern California

The Outstanding Doctoral Student Paper

When the Thin Bench Gets Thinner: Investment Bank Consolidation and Municipal Finance”, by Renping Li, Washington University in St. Louis​