Ritter wins The Journal of Financial Economics best paper prize

GAINESVILLE, Fla. – Joe B. Cordell Eminent Scholar Chair of Corporate Development and Strategy Dr. Jay Ritter earned first place in the Jensen Prizes for Best Paper in the Corporate Finance and Organizations area.

His submission, “The marketing of seasoned equity offerings,” was published in the July 2010 issue of The Journal of Financial Economics. Dr. Ritter co-authored the article with Dr. Xiaohui Gao, who earned her Ph.D. in Finance from the Warrington College of Business Administration in 2008, and is currently an assistant professor on the Faculty of Business and Economics at the University of Hong Kong.

The winners were decided by a vote from The Journal of Financial Economics subscribers that was held from Feb. 1 to May 31.

Dr. Ritter teaches corporate finance at the undergraduate, graduate and Ph.D. levels. He is a leading academic authority on the market for newly issued stock. He has previously served on the faculties of the University of Pennsylvania’s Wharton School, the University of Michigan, the University of Illinois and was a visiting professor at the MIT Sloan School of Management.