Professor Edmans’ research wins Western Finance Association prize

Alex Edmans, Professor of Finance at London Business School, has won the award for the Best Empirical Paper at the prestigious Western Finance Association annual conference for his paper, ‘Equity Vesting and Managerial Myopia’.

The paper, which Edmans co-authored with Vivian W Fang, Assistant Professor of Accounting, University of Minnesota and Katharina Lewellen, Associate Professor of Business Administration, Tuck School of Business, finds that CEO contracts give them incentives to pursue short-term profits at the expense of long-term value.

To read the full article visit London Business School.

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