Best Paper Winners

        FMARC 2026
        27 - 30 June, 2026 | Ayia Napa - Cyprus

        Conference Best Paper Award

        Management of Management Proposals

        lona Babenko (Arizona State University), Goeun Choi (Loyola Marymount University), Rik Sen (University of Georgia)

        Best Paper in Finance Award

        Learning from Personal Experience versus Public Information: Evidence from Retail FX Trades

        Constantinos Antoniou (Warwick Business School), Andreas Milidonis (University of Cyprus)

        Best Paper in Accounting Award

        The Class Pay Gap in Public Accounting: Does Socioeconomic Background Matter?

        Daniel Aobdia (Pennsylvania State University), Ting Dong (Stockholm School of Economics), Irina Gazizova (Stockholm School of Economics), Henrik Nilsson (Stockholm School of Economics)

        Best Doctoral Paper Award

        Managerial Beliefs and Agency Conflicts

        Dardan Gashi (Swiss Finance Institute, USI Lugano)

        Doctoral Paper Award (Runner-Up)

        Information Processing Under Ambiguity in Financial Markets

        Lukas Grahl (University of Aarhus), Steffen Meyer (University of Aarhus and Danish Finance Institute), Charline Uhr (University of Aarhus and Danish Finance Institute)

        FMARC 2025
        24 - 27 May, 2025 | Paphos - Cyprus

        Conference Best Paper Award

        Corporate Debt Structure Around the World

        Alireza Aghaee (Bocconi University), Lorenzo Bretscher (HEC Lausanne), Stefano Rossi (Bocconi University)

        Best Paper in Finance Award (shared)

        Financed Emissions

        Robert Prilmeier (Tulane University), Mustafa Emin (University of Alabama), Nishad Kapadia (Tulane University), William Waller (Hobart and William Smith Colleges)

        The Local Effects of Artificial Intelligence Labor Investments: Evidence from the Municipal Bond Market

        Lefteris Andreadis (Bank of Greece), Manolis Chatzikonstantinou (Georgetown University Qatar), Eleni Kalotychou (Cyprus University of Technology), Christodoulos Louca (Cyprus University of Technology), Christos Makridis (Stanford University)

        Best Paper in Accounting Award

        Climate Disclosures and Decarbonization along the Supply Chain

        Pietro Bonetti (IESE Business School), Ellen En (IESE Business School), Igor Kadach (IESE Business School), Gaizka Ormazabal (IESE Business School)

        Best Doctoral Paper Award

        Asset (and Data) Managers

        Marco Zanotti (Swiss Finance Institute, USI Lugano)

        FMARC 2024
        16 - 18 June, 2024 | Ayia Napa - Cyprus

        Conference Best Paper Award

        The Value of Non-Alpha Services

        Jules van Binsbergen (Wharton Business School and NBER), Alessandro Previtero (Indiana University and NBER), Ran Xing (Stockholm University and the Swedish House of Finance)

        Best Paper in Finance Award

        Credit Market Driven Acquisitions

        Huseyin Gulen (Purdue University), Candace E. Jens (Tulane University), Stefano Rossi (Bocconi University)

        Best Paper in Accounting Award

        Bridging the Gap: A Study of Government Suppliers’ Reporting Practices

        Akram Khalilov (BI Norwegian Business School), Tobias Witter (Humboldt – Universität zu Berlin)

        Published in: Journal of Accounting and Public Policy

        Best Doctoral Paper Award

        Payoff over Panorama: Mental Accounting and Asset Class Selection

        Judith Bohnenkamp (University of Miami)

        FMARC 2023
        18 - 20 June, 2023 | Larnaca - Cyprus

        Conference Best Paper Award

        Regulatory Fragmentation

        Ekaterina Volkova (University of Melbourne), Michelle Lowry (Drexel University), Joseph Kalmenovitz (University of Rochester)

        Published in: Journal of Finance

        Best Paper in Finance Award

        Asset Pricing and Risk Sharing Implications of Alternative Pension Plan Systems

        Nuno Coimbra (Banque du France), Francisco Gomes (LBS), Alex Michaelides (Imperial College Business School), Jialu Shen (University of Missouri)

        Published in: Journal of Finance

        Best Doctoral Paper Award (shared)

        Privacy Regulation and Fintech Lending

        Sebastian Doerr (Bank for International Settlements), Leonardo Gambacorta (Bank for International Settlements), Luigi Guiso (Einaudi Institute for Economics and Finance), Marina Sanchez del Villar (European University Institute)

        Local Lending Specialization and Monetary Policy

        Alejandro Casado (Universidad Carlos III de Madrid), David Martinez Miera (Universidad Carlos III de Madrid)

        FMARC 2022
        19 - 21 June, 2022 | Limassol - Cyprus

        Conference Best Paper Award

        The Effects of Going Public on Firm Performance and Commercialization Strategy: Evidence from International IPOs

        Francisco Urzúa I. (Bayes Business School), Borja Larrain (Pontificia Universidad Catolica de Chile), Gordon Phillips (Tuck School of Business at Dartmouth), Giorgo Sertsios (University of Wisconsin Milwaukee)

        Published in: The Review of Financial Studies

        Best Paper in Finance Award

        Bank Specialization and Industry-Specific Shocks

        Sotirios Kokas (University of Essex), Rajkamal Iyer (Imperial College Business School), Alexander Michaelides (Imperial College London), José-Luis Peydró (LUISS and EIEF, Rome)

        Best Paper in Accounting Award

        Tax Regimes and Profit Shifting

        Panagiotis Karavitis (University of Glasgow), Pantelis Kazakis (University of Glasgow), Rajni Soni (University of Glasgow), Theodore Sougiannis (Gies College of Business)

        Best Doctoral Paper Award

        Banks as “anchors”: The Role of Banks in Funding Innovation

        Cristian-Mihail Condrea (PhD student in the Finance Department at Frankfurt School of Finance & Management)

        FMARC 2021

        Conference Best Paper Award

        Private Equity Buyouts, Credit Constraints, and Firm Exports

        Marina-Eliza Spaliara (University of Glasgow), Paul Lavery (University of Glasgow), Serafeim Tsoukas (University of Glasgow), Jose Maria Serena (Banco de España)

        Published in: British Journal of Management

        Best Doctoral Paper Award

        Conference Call Topics, Manager Roles, and Market Response: Should Managers Stick to Their Topic?

        Karina Konieczny (Technical University of Munich), Alwine Mohnen (Technical University of Munich)

        FMARC 2019

        Conference Best Paper Award

        Public-to-Private Buyouts and Innovation

        Douglas J. Cumming (Stevens Institute of Technology), Rejo Peter (DeepR Analytics Inc), Monika Tarsalewska (University of Exeter)

        Published in: British Journal of Management

        Best Doctoral Paper Award

        Business Development Companies: Private Equity for Individual Investors

        Theodosis L. Kallenos (Central Bank of Cyprus), George P. Nishiotis (University of Cyprus)

        Conference Recollections.
        Reflecting on the cherished moments from FMARC conferences, where knowledge was shared and connections were forged. Let's revisit the enriching experiences through some accompanying pictures from our album.
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