Competition Opens for Sixth Annual IRRC Institute Research Award Focused on the Interaction Between the Real Economy and Investing

Competition Opens for Sixth Annual IRRC Institute Research Award Focused on the Interaction Between the Real Economy and Investing

Practitioner and Academic Submissions Accepted Until October 6, 2017;

Winners to Receive $10,000 Each and Present at the 2017 Columbia University Millstein Center Forum

NEW YORK, NY, APRIL 27, 2017 – The Investor Responsibility Research Center Institute (IRRCi) today opened its sixth annual competition for research that examines the interaction between the real economy and investment theory. Practitioners and academics are invited to submit research papers by October 6, 2017, for consideration by a blue-ribbon panel of judges with deep finance and investment experience.

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 also be presented at the Millstein Center for Global Markets and Corporate Ownership at Columbia University in December 2017 in New York City.

The panel of respected judges includes:

  • Robert Dannhauser, Head of Capital Markets Policy, CFA Institute
  • James Hawley, Professor and Director of the Elfenworks Center for Fiduciary Capitalism at St. Mary’s College
  • Erika Karp, Founder, CEO and Chair of the Board of Cornerstone Capital
  • Nell Minow, Governance Expert and Huffington Post Columnist

Biographies of the judges are available here. Additional judges may be added.

“This award has become both high profile and highly valued. It shines a remarkably strong spotlight on academic and business research that dissects and analyzes pressing investment issues,” said Jon Lukomnik, IRRCi executive director.

“Last year’s two winning papers both offered important contributions to the global debate on the need for businesses to maintain a long horizon focus in a short-term world,” Lukomnik said. “But whether it is investor rime frame, sustainability concerns or insider trading in the derivatives markets, the papers have constantly been high quality. That, in turn, has attracted widespread attention to the winning papers.”

Award submissions are accepted online here. Submissions may be an original work created specifically for the IRRCi Research Award, or relevant unpublished papers, or papers that have been published after July 1, 2016. Winning papers will be presented at the Columbia University Millstein Center’s conference, published by the IRRCi on its website, and distributed to some 6,000 individuals interested in the organization’s research.

As noted on the IRRCi web site, 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.

More information regarding the award process, submission guidelines and calendar is available here, along with the award submission form and Frequently Asked Questions.

Information on past winners is available here. More information about the award is available here. Read the full body of IRRCi research here.

The IRRC Institute is a nonprofit research organization that funds academic and practitioner research that enables investors, policymakers and other stakeholders to make data-driven decisions. IRRCi research covers a wide range of topics of interest to investors, is objective, unbiased and disseminated widely. More information is available at www.irrcinstitute.org. Follow IRRCi on Twitter at @IRRCResearch.

IRRCi Award Contact:

Jon Lukomnik

+1.212.344.2424 | jon@irrcinstitute.org

IRRCi Media Contact:

Kelly Kenneally | +1.202.256.1445 | kelly@irrcinstitute.org