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The XXV Finance Forum will be held in Barcelona, 6th & 7th, July 2017
AEFIN Finance Forums

The “Finance Forums” aim to afford an opportunity and a venue for all those actively interested in research on finance, whether they work in a teaching institution or a business organisation and whether these are public or private in nature. They facilitate communication on research and the sharing of professional knowledge.

The “Finance Forum” is organised annually by AEFIN, and is held in a different location every year.

XXV Finance Forum

AEFIN is pleased to announce the “25th FINANCE FORUM”, to be co-organised by the Universitat Pompeu Fabra and held in Barcelona from 6th to 7th July, 2017

Further information on the event will be available on this website and on the XXV Finance Forum website

Previous forums
I Foro Sevilla Universidad de Sevilla (1993)
II Foro Madrid Instituto de Empresa (1994)
III Foro Bilbao Universidad Comercial de Deusto (1995)
IV Foro Madrid Escuela Superior de Cajas de Ahorro (CECA) (1996)
V Foro Málaga Universidad de Málaga (1997)
VI Foro Ubeda (Jaén) Universidad de Jaén (1998)
VII Foro Valencia Universitat de Valencia (1999)
VIII Foro Madrid Universidad de Carlos III (2000)
IX Foro Pamplona Universidad Pública de Navarra (2001)
X Foro Sevilla Universidad Pablo Olavide de Sevilla (2002)
XI Foro Alicante Universidad de Alicante (2003)
XII Foro Barcelona Universitat Pompeu Fabra (2004)
XIII Foro Madrid Banco de España - CEMFI (2005)
XIV Foro Castellón Universitat Jaume I (2006)
XV Foro Palma de Mallorca Universitat de les Illes Balears (2007)
XVI Foro Barcelona ESADE (2008)
XVII Foro Madrid IESE - Universidad de Navarra (2009)
XVIII Foro Elche Universidad CEU Cardenal Herrera (2010)
XIX Foro Granada Universidad de Granada (2011)
XX Foro Oviedo Universidad de Oviedo (2012)
XXI Foro Segovia IE University (2013)
XXII Foro Zaragoza Universidad de Zaragoza
XXIII Foro Madrid ICADE. Universidad Pontificia Comillas
XXIV Foro Madrid CUNEF. Colegio Universitario de Estudios Financieros
XXV Foro Barcelona Universitat Pompeu Fabra
Prizes AEFIN's XXV Finance Forum (Barcelona, 2017)

Considering the special quality of the presented works, AEFIN granted a 1.200,00 € Prize

On the gala dinner, the following prizes where given to the best sumitted papers in the XXV Finance Forum. Each Prize worth 1.200,00 € in Prize money.

AEFIN Price: Best Paper Of The Conference

Information Environment, Sophisticated Investors, and Market Efficiency: Evidence from a Natural Experiment
Yong Chen; Texas A&M University,
Bryan Kelly; University of Chicago,
Wei Wu; Texas A&M University
BME Price: Best Paper on Stock Markets

Coming Early to the Party: High Frequency Traders in the Pre-Opening Phase and the Opening Auction of Euronext Paris
Mario Bellia; Goethe-Universität Frankfurt am Main,
Loriana Pelizzon; SAFE - Goethe University,
Marti G. Subrahmanyam; New York University, Stern School of Business,
Jun Uno; Waseda University,
Darya Yuferova; Erasmus University
BME Price: Best Paper on Fixed Income

Bid–Ask Spread Estimator from High and Low Daily Prices: A Note on its Practical Implementation for Corporate Bonds
Belén Nieto; Universidad de Alicante
BME Price: Best Paper on Derivatives

A Corridor Fix for High-Frequency VIX: Developing Coherent Implied Volatility Measures
Torben G. Andersen; Northwestern University of Illinois,
Oleg Bondarenko;University of Illinois,
María Teresa González-Pérez;CUNEF
CNMV Price: Best Paper on Regulation

Too Big To Leave: The Case Of Active Owners
Ruth V. Aguilera; ESADE Business School,
Vicente Bermejo; ESADE Business School,
Javier Capapé; ESADE Business School,
Vicente Cuñat; LSE
Best Paper submitted to the Spanish Review of Financial Economics

Bankruptcy Reforms In The Midst Of The Great Recession: The Spanish Experience
Miguel García-Posada Gómez; Bank Of Spain, Raquel Vegas; Bank Of Spain