IRRC Institute Opens Sixth Annual Investor Research Competition With Two $10,000 Awards
Submissions Accepted Until October 6, 2017
The IRRC Institute has opened its sixth annual competition for research that examines the interaction between the real economy and investment theory.
Two research papers – one academic and one practitioner – each will receive the 2017 IRRCi Research Award along with a $10,000 award. The winning papers will be presented at the Millstein Center for Global Markets and Corporate Ownership at Columbia University in December 2017 in New York City.
This research competition has rapidly become a prominent award garnering significant attention amongst the investment community, academia and policymakers. It highlights innovative research focused on the nexus between real world economy activity and investment theory. Previous winning research has been covered by major media outlets including The Wall Street Journal, The New York Times and CNBC.
Last year’s two winning papers both offered important contributions to the global debate on the need for business to maintain a long horizon focus in a short-term world.
Modern Portfolio Theory (MPT) has dominated investment theory for a half century. MPT focuses on security selection, portfolio construction, and other financial issues rather than the intersection of the real economy and investing. SImultaneously, the growing importance of the private sector relative to the public sector in the real economy has increased scrutiny of private sector behavior and economic activity. The IRRCi Research Award encourages new research that analyzes how investments interact with real world economic activity.
Submissions may be an original work created specifically for the IRRCi Research Award, or relevant unpublished papers, or papers that have been published after July 1, 2016.
1$10,000 is awarded for each winning paper. If there are multiple authors, the award will be divided evenly between each author. Each award recipient is fully responsible for all applicable taxes.