Moskowitz Prize Winners

"Does the Stock Market Fully Value Intangibles? Employee Satisfaction and Equity Prices"
Social Science Research Network (SSRN)

2006 Winner

Barber, Brad

"Monitoring the Monitor: Evaluating CalPERS' Shareholder Activism"

Social Science Research Network (SSRN)

2005 Winner

Guenster, Nadja, Jeroen Derwall, Rob Bauer and Kees Koedijk

2005 Honorable Mention

Statman, Meir

“Socially Responsible Indexes: Composition, performance, and tracking errors"

Journal of Portfolio Management (2005)

2004 Winner

Orlitzky, Marc, Frank L. Schmidt, and Sara L. Rynes

"Corporate social and financial performance: A meta-analysis"

Organization Studies, 24, 2003.

2003 Winner

Lee, Charles M.C., and David T. Ng

"Corruption and International Valuation: Does Virtue Pay?"

Working Paper, Cornell University, November 2002

2003 Honorable Mention

Geszy, Christopher C., Robert F. Stambaugh, and David Levin

"Investing in Socially Responsible Mutual Funds"

Working Paper, May 2003

2002 Winner

Bauer, Rob, Kees Koedijk, and Roger Otten

"International Evidence on Ethical Mutual Fund Performance and Investment Style"

Working Paper, January 2002

2001 Winner

Dowell, Glen, Stuart Hart, and Bernard Yeung

"Do Corporate Environmental Standards Create or Destroy Market Value?"

Management Science, August 2000

2001 Honorable Mention

Stone, Bernell K., John B. Guerard, Jr., Mustafa N. Gultekin, and Greg Adams

"Socially Responsible Investment Screening: Strong Evidence of No Significant Cost for Actively Managed Portfolios"

Working Paper, June 2001

1999 Winner

Teoh, Siew Hong, Ivo Welch, and C. Paul Wazzan

"The Effect of Socially Activist Investment Policies on the Financial Markets: Evidence from the South African Boycott"

Journal of Business, 1999, vol. 72, no. 1

"Finding the Link Between Stakeholder Relations and Quality of Management"

Journal of Investing, Winter 1997

"Is There a Cost to Being Socially Responsible in Investing?"

Journal of Investing, Summer 1997