Profs. Song Ma, Stefano Giglio, and Tobias Moskowitz Honored by Journal of Financial Economics
Ma has been named the first-place winner of the Jensen Prize, awarded for the best paper published in the journal in 2018 in the areas of corporate finance and organizations; he received the award for a paper he coauthored titled “How Does Hedge Fund Activism Reshape Corporate Innovation?” Giglio has been named the first-place winner of the Fama-DFA Prize for the best paper published in the journal in 2018 in the areas of capital markets and asset pricing; he received the award for a paper he coauthored titled “An Intertemporal CAPM with Stochastic Volatility.” Moskowitz has been named the second-place winner of the Fama-DFA Prize for a paper he coauthored titled “Carry.”
Ma is an assistant professor of finance at Yale SOM. His research interests are corporate finance, entrepreneurial finance, and innovation economics, with an emphasis on understanding economic frictions in the process of financing and organizing innovation and entrepreneurial activities, and how to mitigate those frictions through financial and organizational arrangements.
Giglio is a professor of finance at Yale SOM. His research interests span several topics, including asset pricing, macroeconomics, and real estate, with a particular focus on volatility risk and on the term structure of asset prices across markets.
Moskowitz was named the inaugural Dean Takahashi ’80 B.A., ’83 M.P.P.M. Professor of Finance at Yale SOM in 2016. His research interests include momentum in stock returns, biases in investment portfolios, the social effects of bank mergers, the return to private business ownership, mutual and hedge fund performance, the political economy of financial regulation, and the economics of sports.