Toronto Society of Financial Analysts Toronto CFA Society: Best Papers on Capital Market Research (2 x $2,500)

“Cultural Values and Corporate Risk-Taking”
Dale Griffin, University of British Columbia
Kai Li, University of British Columbia
Heng Yue, Peking University
Longkai Zhao, Peking University

“Do Implicit barriers matter for investability and globalization?”
Francesca Carrieri, McGill University
Ines Chaieb, University of Amsterdam
Vihang Errunza, McGill University

Sean Cleary presented the Toronto CFA Society Award
Canadian Institute of Chartered Business Valuators Canadian Institute of Chartered Business Valuators: Best Business Valuation Research Paper ($1,000)

“Cross Listing Waves and the Search for Value Gains”
Segei Sarkissian, McGill University
Michael Schill, University of Virginia

Peter Klein presents CICBV award
Bank of Canada Bank of Canada Award: Best Paper on the Canadian Financial System ($1,000)

“Economic Conditions, Flight to Quality and Mutual Fund Flow”
Blake Phillips, University of Alberta
Aditya Kaul, University of Alberta

Bank of Canada Award presented by Scott Hendry to Blake Philips, University of Alberta
International Journal of Managerial Finance International Journal of Managerial Finance ($1000)

"Contagion Among World Markets: A Wavelet approach”
 Mikko Ranta, Vaasa University of Applied Sciences
The Richard Ivey School of Business NFA and Ivey Business School: Best Student Paper ($500)

“A Trans-Niagara Tale of Informed Traders”
Paul Moon Sub Choi, Cornell University / SUNY Binghamton
J.P. Morgan Asset Management JP Morgan Asset Management: Best Student Paper ($500)

“Analysis of Hedge Fund Investment Choice”
Yunhua Zhu, Wilfrid Laurier University

Stephen Sapp presents NFA 2009 PhD award to Yunhua Zhu