Almost 180 papers were submitted to the conference and thus also became candidates for the SWX Best Paper Award. A panel of internationally renowned financial experts judged the works in a multi-phased process.
Dr. Matthias Muck, Director of the SGF conference, summarised the findings of the paper: It provides clear confirmation for the postulation that issuers are willing to accept higher issuance costs if by so doing they are ultimately buying better research coverage. The paper however also reveals that investors see through this mechanism.
Previous award winners:
| Year | Winner | Paper |
| 2004 | Christine Bannier |
The Role of Information
Disparity in the 1994/95 Mexican Peso Crisis: Empirical Evidence |
| Andriy Demchuk, Ranja Gibson | Stock Market Performance and the Term Structure of Credit Spreads | |
| 2005 | Russ Wermers, Youchang Wu, Josef Zechner | Portfolio Performance, Discount Dynamics and the Turnover of Closed-End Fund Managers |
The study can be accessed via the SWX Swiss Exchange Website: http://www.swx.com/information/publications/div_pub_en.html
