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The Award


The recipient of the “Jaime Fernández de Araoz
Corporate Finance” Award
will be given:

The Award, the only one of its kind in Spain, aims to contribute to the development of the economy and corporate finance by recognising research carried out in this field.

The winners of this Award, sponsored this year by Deutsche Bank, in collaboration with CaixaBank, CUNEF and Universia, receive 10,000 euros and a sculpture by Martín Chirino.

The Jury was composed of individuals with a proven track record in economic, business and academic circles, and was chaired by Antonio Rodríguez-Pina, President of Deutsche Bank España.

Since the Award came into being in 2005, more than 150 papers have been submitted by authors from more than 30 different countries relating to a wide variety of subjects. The first edition of the Award was won by a study concerning international transactions, in 2007 the winning work looked at the question of executive pay; 2009 saw the award go to a study of internal corporate governance and in the last edition the winning paper was about the question of talent in the financial market in the USA.

In this fifth edition of the Jaime Fernández de Araoz Corporate Finance Award the Secretariat received 40 papers from 85 authors with 26 different nationalities, mostly from the academic world, with teams from the main universities and business schools.

The Award commemorates Jaime Fernández de Araoz Gómez-Acebo, a CUNEF graduate in Economics and Business Science, who devoted his professional life to investment banking. Between 1989 and 2003, he worked for Lehman Brothers, Banco Santander and, finally, Citigroup where he was Managing Director. In all of these companies, Jaime showed his immense human and professional qualities. In 2003, he died in an accident at the age of 37.