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2005 Working Paper Competition

The winners of the three prizes in the 2005 Working Paper Competition were announced at ECGI's General Assembly held at SDA Bocconi on 9 March 2005.



The Egon Zehnder International Prize
Marco Pagano receives the prize from Chris Thomas of Egon Zehnder International whilst Paolo Fulghieri looks on

The €5,000 prize for the best paper in either series on company boards and their role in corporate governance is sponsored by the international executive search firm, Egon Zehnder International.

The authors of this paper are Paolo F Volpin, London Business School - Institute of Finance and Accounting; Centre for Economic Policy Research (CEPR) and Marco Pagano, University of Salerno - CSEF, Centre for Studies in Economics and Finance; CEPR


The Standard Life Investments Finance Prize

Fausto Panunzi receives the prize from Guy Jubb, Standard Life Investments whilst Paulo Fulghieri looks on


Colin Mayer receives the prize from Guy Jubb, Standard Life Investments whilst Paulo Fulghieri looks on

The €5,000 prize for the best paper in the Finance series is sponsored by the leading investment company, Standard Life Investments.

The authors of these papers are for Ownership: Evolution and Regulation: Julian Franks, City of London Corporation Professor of Finance, London Business School, Colin Mayer, Peter Moores Professor of Finance, Saïd Business School, University of Oxford and Stefano Rossi, London Business School and for Tender Offers and Leverage, Holger M. Müller, New York University and CEPR and Fausto Panunzi, University of Bologna, CEPR and ECGI.



The De Brauw Blackstone Westbroek Law Prize
Marc Goergen receives the prize from Jaap Winter of De Brauw Blackstone whilst Guido Ferrini looks on

The €5,000 prize for the best paper in the Law series is sponsored by the independent international law firm, De Brauw Blackstone Westbroek

The authors of this paper are Steven A. Bank, University of California, Los Angeles, Brian R. Cheffins, University of Cambridge and Marc Goergen, Sheffield University and ECGI

For further details of these prestigious prizes, see: