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The Society for Financial Studies is pleased to announce two new journals: The Review of Asset Pricing Studies (RAPS) and The Review of Corporate Finance Studies (RCFS). RAPS and RCFS join The Review of Financial Studies to form a suite of three independent A-level journals that are now available to scholars in finance and related disciplines as outlets for their research.

SFS News

January 17, 2012:

The SFS is seeking someone to fill the Treasurer's position as of July 1, 2012.  The position's responsibilities include:

1.  Maintain the central SFS investment account.
2.  Maintain the central SFS checking account.
3.  File annual tax returns and other corporate documents demanded by government authorities.
4.  Pay SFS vendors.
5.  Hire an accounting firm to prepare taxes, government forms and produce annual financial statements.
6.  Oversee the creation and changes to checking accounts associated with SFS journals and back office.
7.  Oversee SFS journal and back office checking accounts to insure they do not accumulate excess cash.
8.  Produce annual reports for the SFS board and membership meetings.
9.  Choose and work with outside counsel any time by-laws or publishing contracts are revised.

If you are interested please contact either Ken Singleton at kenneths@stanford.edu or Matthew Spiegel at matthew.spiegel@yale.edu.

July 18, 2011:

The 2012 SFS Finance Cavalcade Call For Papers
Submission Deadline September 15, 2011
Submissions Accepted Starting August 1.

July 7, 2011:

Photos from the WFA are now available: SFS Editors and Officers Dinner and SFS Reception.

June 30, 2011:

Photos from the 2011 SFS Finance Cavalcade are now available here.

June 30, 2011:

As of July 1, David Hirshleifer will replace Matthew Spiegel as the Executive Editor of RFS.

The RFS wants to extend its wholehearted thanks to our retiring Associate Editors Andres Almazan, Heitor Almeida, Allen Berger, Mara Faccio, Charlie Hadlock, and Gideon Saar for their dedicated service over the past three years. At the same time we would like to welcome our new Associate Editors Philip Strahan, Darren Kisgen, Ekkehart Boehmer, Alex Edmans, Craig Doidge, and Bruce Carlin to the board. We look forward to working with them.

Congratulations to this year's RFS award winners:

  • Michael Brennan Best Paper Prize
    • First Prize: Charles J. Hadlock and Joshua R. Pierce for their article, "New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index."
    • Second Prize: Jie Gan for her article, "Housing Wealth and Consumption Growth: Evidence from a Large Panel of Households."
  • Young Researcher Prize: Ashwini K. Agrawal for his article, "Corporate Governance Objectives of Labor Union Shareholders: Evidence from Proxy Voting."
  • Outstanding Referee Award goes to Philip Strahan for his tireless work on behalf of the RFS. A single award to honor those who contribute their time far above and beyond the call of duty to the RFS misses the many individuals deserving recognition for their efforts. The RFS is thus also pleased to announce that this year's Distinguished Referee Awards have been awarded to: Darren Kisgen, Luca Benzoni, Lubos Pastor, Eitan Goldman, Ekkehart Boehmer, Malcolm Baker, Murillo Campello, Peter Christoffersen, and Tarun Chordia.

June 16, 2011:

A Call for Bids for the 2013 SFS Finance Cavalcade

Bids should be sent by September 1, 2011.

The Society for Financial Studies is seeking bids to cohost the 2013 Finance Cavalcade. This conference is a joint project of The Review of Financial Studies, The Review of Corporate Finance Studies, and The Review of Asset Pricing Studies.

The SFS Finance Cavalcade is a five day conference covering all areas of finance. This year's format featured an hour per paper and two parallel sessions. Our goal is to provide a setting that produces the kind of in-depth participation of a smaller conference while accommodating the variety of papers of a larger one. We currently expect the 2013 Cavalcade to take place in the late spring or early summer.

At a minimum, bids must include information about

•  Available classroom facilities

•  Available hotel facilities

•  Ability to sponsor some or all meals, including breakfasts, lunches and dinners

•  Ability to sponsor printing and other participant handouts

•  Local logistical support

If you are interested in either submitting a proposal or obtaining additional information contact Wayne Ferson, Paolo Fulghieri, or David Hirshleifer.



SFS Conferences
RFS RCFS RAPS

14th Annual Texas Finance Festival
April 26-28, 2012

The Seventh New York Fed/NYU Stern Conference on Financial Intermediation
May 4-5, 2012

2013 SFS Finance Cavalcade
May 23-27, 2012
BID DEADLINE: September 1, 2011.

2012 SFS Finance Cavalcade

2013 SFS Finance Cavalcade
May 23-27, 2012
BID DEADLINE: September 1, 2011.

2012 SFS Finance Cavalcade


2013 SFS Finance Cavalcade
May 23-27, 2012
BID DEADLINE: September 1, 2011.

2012 SFS Finance Cavalcade