2015

  • Josh Lerner: Appointed Vice Chair, Global Agenda Council on Future of Investing, World Economic Forum, 2014-2016.

2014

  • Juliane M. Begenau: Received the 2013–2014 Macroeconomic Financial Modeling (MFM) Dissertation Grant from the Alfred P. Sloan Foundation.

  • Benjamin C. Esty: Won the 2013–2014 Greenhill Award for Outstanding Faculty Service.

  • Samuel G. Hanson: Winner of the 2014 Rising Scholar Award from The Review of Financial Studies for his paper with Adi Sunderam, “The Growth and Limits of Arbitrage: Evidence from Short Interest.”

  • Josh Lerner: Received the Excellence in Refereeing Award, American Economic Review, 2013.

  • Adi Sunderam: Winner of the 2014 Rising Scholar Award from The Review of Financial Studies for his paper with Samuel G. Hanson, “The Growth and Limits of Arbitrage: Evidence from Short Interest.”

  • Boris Vallee: Winner of the 2014 Top Finance Graduate Award from the Center for Financial Frictions (FRIC) and the Department of Finance at Copenhagen Business School.

  • Luis M. Viceira: First Arthur Warga Award for the Best Paper in Fixed Income from The Society for Financial Studies, 2014 Finance Cavalcade, for “Monetary Policy Drivers of Bond and Equity Risks” (with John Y. Campbell and Carolin E. Pflueger).

2013

  • Malcolm P. Baker: Second Place Winner of the 2012 Jensen Prize for the Best Corporate Finance Paper Published in the Journal of Financial Economics for "The Effect of Reference Point Prices on Mergers and Acquisitions" (with Xin Pan and Jeffrey Wurgler, October 2012).

  • Juliane M. Begenau: Received the 2013 B.F. Haley and E.S. Shaw Fellowship for Economics from the Stanford Institute for Economic Policy Research (SIEPR).

  • Juliane M. Begenau: Received the 2012–2013 Kohlhagen Fellowship from the Stanford Institute for Economic Policy Research (SIEPR).

  • Benjamin C. Esty: Received the 2012 Charles M. Williams Award for Excellence in Teaching.

  • W. Carl Kester: Recipient of the Robert F. Greenhill Award in 1992, 1994, 2005, and 2011.

  • Josh Lerner: Named one of the ten most influential academics in the institutional investing world by Asset International's Chief Investment Officer Magazine, 2013.

  • Boris Vallee: Finalist for the 2013 Best Finance Ph.D. Dissertation Award in Honor of Professor Stuart I. Greenbaum from the John M. Olin School of Business at Washington University in St. Louis.

2012

  • Carliss Y. Baldwin: In 2012, "Where Do Transactions Come From? Modularity, Transactions, and the Boundaries of Firms" (2008) was selected as one of the Best Twenty Articles from First Twenty Years of Publication, Industrial and Corporate Change, 1992-2011.

  • Benjamin C. Esty: Received the 2012 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.

  • Benjamin C. Esty: Won the 2012 Trailblazer Award from the HBS African American Student Union and the African American Alumni Association for contributions to the Harvard community and the summer venture in management program (SVMP).

  • Stuart C. Gilson: Winner of the 2012 Distinguished Paper Award from the Business Policy and Strategy Division of the Academy of Management for his paper with Emilie Feldman and Belén Villalonga, “Do Analysts Add Value When They Most Can? Evidence from Corporate Spinoffs” (Strategic Management Journal).

  • Josh Lerner: Named one of the 100 most influential people in private equity over the past decade by Private Equity International Magazine, 2012.

  • Adi Sunderam: Won the 2012 Young Researcher Prize from The Review of Financial Studies for his paper with Sergey Chernenko, "The Real Consequences of Market Segmentation."

2011

  • Malcolm P. Baker: Received a 2011 Emerald Management Review Citation of Excellence Award for his paper with Jeffrey Wurgler, “Investor Sentiment in the Stock Market” (The Journal of Economic Perspectives, Spring 2007).

  • Malcolm P. Baker: Received a 2011 Graham and Dodd Scroll Award from the Financial Analysts Journal with Brendan Bradley and Jeffrey Wurgler for "Benchmarks as Limits to Arbitrage: Understanding the Low-Volatility Anomaly" (January–February 2011).

  • Malcolm P. Baker: Won the William F. Sharpe Award for Best Paper in 2011 for his paper with Lubomir Litov, Jessica A. Wachter, and Jeffrey Wurgler, “Can Mutual Fund Managers Pick Stocks? Evidence from Their Trades Prior to Earnings Announcements” (Journal of Financial and Quantitative Analysis, October 2010).

  • Lauren H. Cohen: Won the 2011 Richard A. Crowell Memorial Award, First Prize, from PanAgora Asset Management’s Quantitative Research Institute for the best paper in the field of quantitative investment for his paper with Dong Lou, “Complicated Firms” (Journal of Financial Economics, May 2012).

  • Lauren H. Cohen: Winner of a National Science Foundation Faculty Early Career Development (CAREER) Award for 2009-2014.

  • Victoria Ivashina: Won the 2011 Nordea Prize from the European Finance Association for the Best Paper on Corporate Finance for her paper with Bo Becker, “Cyclicality of Credit Supply: Firm Level Evidence” (Harvard Business School Working Paper, No. 10–107, June 2010. (Revised August 2011.)

  • Yuhai Xuan: First Place Winner of the 2011 Jensen Prize for the best corporate finance paper published in the Journal of Financial Economics for “Ownership Structure and the Cost of Corporate Borrowing” (with Chen Lin, Yue Ma, and Paul Malatesta, April 2011).

2010

  • Juliane M. Begenau: Received the 2010 Shultz Graduate Student Fellowship in Economic Policy from the Stanford Institute for Economic Policy Research (SIEPR).

  • Lauren H. Cohen: Winner of the 2010 Best Paper Prize from the Center for Research in Security Prices Forum for "Complicated Firms" (with Dong Lou, Journal of Financial Economics, May 2012).

  • Lauren H. Cohen: Won the 2010 First Prize Chicago Quantitative Alliance Academic Paper Competition with Christopher Malloy for their paper with Lukasz Pomorski, "Decoding Inside Information" (NBER Working Paper Series, No. 16454, October 2010).

  • Lauren H. Cohen: Presented testimony on the “Impacts of Government Spending” to the Committee on Transportation and Infrastructure, United States House of Representatives, Sept 29, 2010.

  • Lauren H. Cohen: Winner of Institute for Quantitative Investment Research (INQUIRE) Grant in 2010 for "Complicated Firms" (with Dong Lou, Journal of Financial Economics, May 2012).

  • Lauren H. Cohen: Winner of the 2010 First Prize in the Istanbul Stock Exchange 25th Anniversary Best Paper Competition for "Complicated Firms" (with Dong Lou, Journal of Financial Economics, May 2012).

  • Lauren H. Cohen: Winner of Paul Woolley Centre Academic Grant in 2010 for "Complicated Firms" (with Dong Lou, Journal of Financial Economics, May 2012).

  • Lauren H. Cohen: Won the 2010 Smith Breeden Distinguished Paper Honor for the Best Paper in the Journal of Finance for his paper with Christopher Malloy and Andrea Frazzini, “Sell-Side School Ties” (August 2010).

  • Robin Greenwood: Won the 2010 Doctoral Award for Excellence in Mentoring.

  • Josh Lerner: Winner of the 2010 Axiom Business Book Award Gold Medal for the Best Book on Entrepreneurship for Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed and What to Do About It (Princeton University Press, 2009).

  • Josh Lerner: Elected a Fellow of the European Corporate Governance Institute in 2010.

  • Josh Lerner: Winner of the 2010 Global Award for Entrepreneurship, given by the Swedish Entrepreneurship Forum, the Swedish Agency for Economic and Regional Growth, and Sweden's Research Institute of Industrial Economics, for his pioneering research into venture capital and venture capital-backed entrepreneurship.

  • Christopher J. Malloy: Won the 2010 First Prize Chicago Quantitative Alliance Academic Paper Competition with Lauren H. Cohen for their paper with Lukasz Pomorski, "Decoding Inside Information" (NBER Working Paper Series, No. 16454, October 2010).

  • Christopher J. Malloy: Won a 2010 Smith Breeden Distinguished Paper Honor for the Best Paper in the Journal of Finance for his paper with Lauren Cohen and Andrea Frazzini, “Sell-Side School Ties” (August 2010).

  • Nicolas P. Retsinas: Named by Business Week and Bloomberg in 2010 as of the 50 most powerful people in real estate.

2009

  • Juliane M. Begenau: Received the 2008–2009 Barbara D. and Alan R. Finberg Fellowship from Stanford University.

  • Juliane M. Begenau: Received the 2008–2009 Deutscher Akademischer Austausch Dienst (DAAD) Scholarship. (declined)

  • Lauren H. Cohen: Received a 2009 Emerald Management Reviews Citation of Excellence Award for his paper with Andrea Frazzini, “Economic Links and Predictable Returns” (Journal of Finance, August 2008).

  • Lauren H. Cohen: Winner of Institute for Quantitative Investment Research (INQUIRE) Grant in 2009 for "Decoding Inside Information" (NBER Working Paper Series, No. 16454, October 2010) with Christopher Malloy and Lukasz Pomorski.

  • Mihir A. Desai: Runner up for the 2009 Review of Financial Studies-Michael Brennan Best Paper Prize for his paper with C. Fritz Foley and Kristen Forbes, "Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Crises" (November 2008).

  • C. Fritz Foley: Runner up for the 2009 Review of Financial Studies-Michael Brennan Best Paper Prize for his paper with Mihir Desai and Kristen Forbes, "Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Crises" (November 2008).

  • Stuart C. Gilson: Appointed Business Law Advisor to the Business Bankruptcy Committee of the American Bankruptcy Association, 2008–2010.

  • Robin Greenwood: Named a Distinguished Referee in 2009 by Review of Financial Studies.

  • Josh Lerner: Second Place Winner of the 2009 Fama-DFA Prize for the Best Paper Published in the Journal of Financial Economics in the Areas of Capital Markets and Asset Pricing for his paper with Paul Gompers, Anna Kovner, and David Scharfstein, "Venture Capital Investment Cycles: The Impact of Public Markets" (May 2008).

  • Josh Lerner: Winner of the 2009 PROSE Award for Professional and Scholarly Excellence in the Business, Finance, and Management category for Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed and What to Do About It (Princeton University Press, 2009). This award is given by the Professional and Scholarly Publishing Division of the Association of American Publishers to recognize landmark works in a field of scholarship.

  • Josh Lerner: Awarded a Doctorate Honoris Causa from the Technical University of Munich in 2009.

  • Christopher J. Malloy: Winner of Institute for Quantitative Investment Research (INQUIRE) Grant in 2009 for "Decoding Inside Information" (NBER Working Paper Series, No. 16454, October 2010) with Lauren Cohen and Lukasz Pomorski.

  • Nicolas P. Retsinas: Named by Builder Magazine in 2009 as one of the top 30 innovators in the house building industry in the past 30 years.

2008

  • Carliss Y. Baldwin: Received the 2008 Distinguished Speaker Award from the Technology Management Section of INFORMS.

  • Lauren H. Cohen: Won the 2008 Smith Breeden Prize for a distinguished paper in the Journal of Finance for his paper with Andrea Frazzini, “Economic Links and Predictable Returns” (Journal of Finance, August 2008).

  • Mihir A. Desai: Won with C. Fritz Foley the 2008 Pearson/Prentice Hall Prize for Best Paper in Financial Management for their paper (with James R. Hines Jr.) "Dividend Policy inside the Multinational Firm" (2007).

  • Benjamin C. Esty: Won the 2007–2008 Greenhill Award for Outstanding Faculty Service in recognition of the work done to create the General Management Program (GMP) as well as teaching and scholarship.

  • C. Fritz Foley: Won with Mihir A. Desai the 2008 Pearson/Prentice Hall Prize for Best Paper in Financial Management for their paper (with James R. Hines Jr.) "Dividend Policy inside the Multinational Firm" (2007).

  • Nicolas P. Retsinas: Inducted into the Affordable Housing Hall of Fame in 2008 by Affordable Housing Finance to recognize his outstanding achievement in the housing industry.

  • Nicolas P. Retsinas: Awarded an Honorary Doctorate in Public Service from Rhode Island College in 2008.

2007

  • Carliss Y. Baldwin: Winner of the 2007 University of Vienna Best Paper Award for "How User Innovations Become Commercial Products: A Theoretical Investigation and a Case Study" with Christoph Hienerth and Eric von Hippel (Research Policy, 2006).

  • Lauren H. Cohen: Won the 2007 Barclays Global Investors Best Paper Prize, Asset Allocation Symposium, European Finance Association, for the paper with Andrea Frazzini and Christopher Malloy, “The Small World of Investing: Board Connections and Mutual Fund Returns” (Journal of Political Economy, October 2008).

  • Lauren H. Cohen: Won the 2007 Smith Breeden Distinguished Paper Prize for the Best Paper in the Journal of Finance for his paper with Karl Diether and Christopher Malloy, “Supply and Demand Shifts in the Shorting Market” (October 2007).

  • Lauren H. Cohen: Won the 2007 Society of Quantitative Analysts Award for Best Paper in Quantitative Investments from the Western Finance Association for the paper with Breno Schmidt, “Attracting Flows by Attracting Big Clients” (Journal of Finance, October 2009).

  • Mihir A. Desai: Winner of the Second Place 2007 Jensen Prize presented by Journal of Financial Economics in the Areas of Corporate Finance and Organizations for his paper with Alexander Dyck and Luigi Zingales, "Theft and Taxes" (June 2007).

  • Benjamin C. Esty: Won the 2006–2007 Harvard Business School Apgar Award for Innovation in Teaching in recognition of curriculum in the newly created General Management Program (GMP).

  • Josh Lerner: Received Honorable Mention for the City of Venice Award for Intellectual Property in 2007.

  • Christopher J. Malloy: Won the 2007 Smith Breeden Distinguished Paper Prize for the Best Paper in the Journal of Finance for his paper with Lauren Cohen and Karl B. Diether, "Supply and Demand Shifts in the Shorting Market" (October 2007).

  • Arthur I Segel: Honored as 2007 Man of the Year by the 21st Century Fund, a foundation in Brookline Massachusetts that supports new initiatives in public education.

  • Arthur I Segel: Voted One of the Top 20 Most Influential People in Real Estate in the World by Private Equity Real Estate Magazine in 2007.

2006

  • Malcolm P. Baker: Nominated for the 2006 Smith Breeden Prize for the Best Finance Research Paper Published in the Journal of Finance for his paper with Jeffrey Wurgler, "Investor Sentiment and the Cross Section of Stock Returns" (August 2006).

  • Lauren H. Cohen: Won the 2006 BSI Gamma Foundation Grant, Firm Characteristics and Investment Management for the paper (with Andrea Frazzini) "Economic Links and Predictable Returns" (Journal of Finance, August 2008).

  • Lauren H. Cohen: Won the 2006 First Prize in the Chicago Quantitative Alliance Academic Paper Competition for the paper (with Andrea Frazzini) "Economic Links and Predictable Returns" (Journal of Finance, August 2008).

  • Lauren H. Cohen: Won the 2006 Barclays Global Investors Best Paper Prize, Asset Allocation Symposium, European Finance Association, for the paper with Breno Schmidt, “Attracting Flows by Attracting Big Clients” (Journal of Finance, October 2009).

  • Lauren H. Cohen: Won a 2006 Whitebox Grant for Research in the Behavioral Sciences.

2005

  • Malcolm P. Baker: Winner of the 2005 Glucksman Prize from the Glucksman Institute for Research in Security Markets Prize at New York University. Also won Second Place in 2003 and 2010.

  • Juliane M. Begenau: Received the 2004–2005 Erasmus Mundus Fellowship from the Education, Audiovisual and Culture Executive Agency of the European Commission.

  • Joshua D. Coval: Winner of the 2005 Smith Breeden Prize for Best Paper in the Journal of Finance for "Do Behavioral Biases Affect Prices?" (with Tyler Shumway, February 2005).

  • Josh Lerner: Named One of the 50 Most Influential People in Intellectual Property by Managing Intellectual Property magazine in 2005.

  • Josh Lerner: Nominated for the Smith Breeden Prize for Outstanding Paper published in the Journal of Finance in 2003, 2004, and 2005.

  • Luis M. Viceira: Winner of the 2005 Graham and Dodd Award for Excellence in Financial Writing from the Financial Analysts Journal and the CFA Institute for "The Term Structure of the Risk-Return Tradeoff" (with John Y. Campbell, January/February 2005).

2004

  • Malcolm P. Baker: Nominated for the 2004 Brattle Prize for Outstanding Paper in Corporate Finance in the Journal of Finance for his paper with Jeffrey Wurgler. "A Catering Theory of Dividends." (June 2004).

  • Malcolm P. Baker: Received the 2004 Robert F. Greenhill Award.

  • Mihir A. Desai: Won the 2004 Barclays Global Investor Best Symposium Paper for his paper with Daniel Bergstresser and Joshua Rauh, “Managerial Opportunism and Earnings Manipulation: Evidence from Defined Benefit Pension Plans.”

  • Josh Lerner: Innovation and Its Discontents: How Our Broken Patent System Is Endangering Innovation and Progress, and What To Do About It (Princeton University Press, 2004), with Adam Jaffe, was selected by The Economist as one of the Best Business and Economics Books of the Year.

  • Erik Stafford: Nominated in 2004 for the Brattle Prize for "Price Pressure Around Mergers" (with Mark Mitchell and Todd Pulvino, Journal of Finance, February 2004).

  • Luis M. Viceira: Winner of the 2004 Investment Potential Prize from the Three-Way Symposium of Inquire Europe, Inquire UK, and the Q-Group for "The Term Structure of the Risk-Return Tradeoff" (with John Y. Campbell, Financial Analysts Journal, January/February 2005).

2003

  • Josh Lerner: Winner of the 2003 Western Finance Association’s NASDAQ Award for Best Paper on Capital Formation for "Transaction Structures in Developing Countries: The Case of Private Equity" (with Antoinette Schoar).

2002

  • Malcolm P. Baker: Winner of the 2002 Brattle Prize for Outstanding Paper in Corporate Finance in the Journal of Finance for "Market Timing and Capital Structure" (with Jeffrey Wurgler, February 2002).

  • Benjamin C. Esty: Winner of the 2002 Best Paper Award at the Conference on International Corporate Governance for “Creditor Rights, Enforcement, and Debt Ownership Structure: Evidence from the Global Syndicated Loan Market” with William L. Megginson, sponsored by the Tuck Business School and the Journal of Financial and Quantitative Analysis.

  • Paul A. Gompers: Winner of the 2002 Geewax, Terker & Company Prize in Investment Research offered by the Rodney L. White Center at Wharton for "Corporate Governance and Equity Prices" (with Joy L. Ishii and Andrew Metrick, Quarterly Journal of Economics, February 2003).

  • Josh Lerner: Received the 2002 All Star Paper Award from the Journal of Financial Economics for “Venture Capitalists and the Decision to Go Public” (1994).

  • Erik Stafford: Winner of the 2002 Smith Breeden Prize for Outstanding Paper in the Journal of Finance for "Limited Arbitrage in Equity Markets" (with Mark Mitchell and Todd Pulvino, April 2002).

  • Luis M. Viceira: Winner of the 2002 TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security for Strategic Asset Allocation: Portfolio Choice for Long-Term Investors (with John Y. Campbell, Oxford University Press, 2002).

2001

  • Mihir A. Desai: Received the Student Association Award for Teaching Excellence from the HBS Class of 2001.

  • Benjamin C. Esty: Received the 2001 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.

2000

  • Lauren H. Cohen: Winner of a Simon Kuznets Fellowship, Outstanding Undergraduate in Economics, Penn Institute for Economic Research, 2000.

  • Joshua D. Coval: Winner of the 2000 Smith Breeden Prize for the best paper in the Journal of Finance for "Home Bias at Home: Local Equity Preference in Domestic Portfolios" (with Tobias J. Moskowitz, December 1999).

  • Erik Stafford: Winner of the 2000 Merton Miller Prize for "Managerial Decisions and Long-Term Stock-Price Performance" (with Mark Mitchell, Journal of Business, July 2000).

1999

  • Benjamin C. Esty: Received the 1999 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.

  • Josh Lerner: Named a Faculty Research Fellow in the Corporate Finance Program at the National Bureau of Economic Research, 1998-1999.

  • Josh Lerner: Named a Research Associate in the Productivity and Output Measurement and Corporate Finance Programs at the National Bureau of Economic Research in 1999.

  • Luis M. Viceira: Winner of the 1999 FAME Research Prize from the International Center for Asset Management and Financial Engineering and University of Lausanne for "Who Should Buy Long-Term Bonds? (with John Y. Campbell, American Economic Review, March 2001).

1998

  • Malcolm P. Baker: Winner of the 1998 George S. Dively Award for outstanding dissertation research for "Essays in Financial Economics" (Harvard University, PhD, 2000).

  • Stuart C. Gilson: Nominated for the 1998 Smith Breeden Prize for best paper in the Journal of Finance for “Transactions Costs and Capital Structure Choice: Evidence from Financially Distressed Firms” (1997).

  • Josh Lerner: Named a Faculty Research Fellow in the Productivity and Output Measurement Program of the National Bureau of Economic Research, 1996-1999.

  • Jeremy C. Stein: Winner of the 1998 Journal of Financial Economics First Place Jensen Prize for Corporate Finance and Organizations for "Risk Management, Capital Budgeting and Capital Structure Policy for Financial Institutions: An Integrated Approach" (with Kenneth A. Froot, January 1998).

1997

  • Benjamin C. Esty: Received the 1997 HBS Student Association Faculty Teaching Award for exceptional contributions to the graduating class's HBS experience.

  • Stuart C. Gilson: Awarded the John M. Olin Visiting Professor Fellowship, University of Virginia Law School, 1997.

  • Josh Lerner: Named a Berol Faculty Fellow, Harvard Business School, 1996-1997.

1996

  • Benjamin C. Esty: Awarded Outstanding Paper on Financial Institutions at the 1996 Southern Finance Association Annual Meeting for “The Impact of Contingent Liability on Commercial Bank Risk Taking.”

1995

  • Stuart C. Gilson: Winner of the 1995 Graham and Dodd Award for Excellence in Financial Writing from the Financial Analysts Journal and the CFA Institute for "Investing in Distressed Situations: A Market Survey" (1995).

1994

  • Carliss Y. Baldwin: Winner of the Newcomen-Harvard Award for Best Paper Published in the Business History Review in 1994 for "Capital Budgeting Systems and Capabilities Investments in U.S. Companies after World War II" (with Kim B. Clark, spring 1994).

  • Stuart C. Gilson: Nominated for the 1994 Smith Breeden Prize for best paper in the Journal of Finance for "CEO Compensation in Financially Distressed Firms: An Empirical Analysis" (with M. R. Vetsuypens, 1993).

1991

  • Stuart C. Gilson: Winner of the 1991 Outstanding Paper in Financial Management at the Financial Management Association Annual Meetings for "CEO Compensation in Financially Distressed Firms: An Empirical Analysis" (with M. R. Vetsuypens).

  • Josh Lerner: Received a 1990-1991 Pre-Doctoral Fellowship from the Consortium on Competitiveness and Cooperation at the Haas School of Business, University of California at Berkeley.

1990

  • Josh Lerner: Received the 1989-1990 Dively Fellowship from the John F. Kennedy School of Government at Harvard University.

  • Josh Lerner: Received a 1989-1991 Pre-Doctoral Fellowship from the Belfer Center for Science and International Affairs at the John F. Kennedy School of Government at Harvard University.

1987

  • W. Carl Kester: Winner of the 1987 O'Melveny & Myers Centennial Grant for his book, Japanese Takeovers: The Global Contest for Corporate Control (Harvard Business School Press, 1991).