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III Jaime Fernández de Araoz Corporate Finance Award

www.elimparcial.es- 4th July 2009

The ceremony of the III Jaime Fernández de Araoz Corporate Finance Award will take place tomorrow in Madrid. Professors Viral Acharya (New York University), Stewart Myers (Massachusetts Institute of Technology) and Raghuram Rajan (University of Chicago) have been awarded on this ocassion for their paper “The Internal Governance of Firms”.

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Firms stress tests have been very lax

Expansión- 13 June 2009

The financial crisis does not belong to the past yet. Viral Acharya, states taht we have already witnessed the worst of the crisis but we have not begun to overcome it. In his view, the full stabilization of the financial sector will not take place before six to nine months.

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Award to bright ideas on finance

Expansión- 9 June 2009

CORPORATE FINANCE / The paper ‘The Internal Governance of Firms” has been honoured with the Jaime Fernández de Araoz Award, sponsored by Cunef and Universia. Prince Philip handed the prize to Viral Acharya, one of the three authors of the paper.

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The Prince points out the need to reinforce business ‘fair play’ to tackle the crisis

www.finanzas.es- 9 June 2009

The Prince of Asturias has encouraged businesses to tackle this financial crisis reinforcing key values such as honesty, truthfulness, humility, respect for others, personal responsibility and loyalty to promises; he summed up these principles in defence of ‘fair play’.

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Miguel Sebastián insists the worst of the crisis “has been already overcome”

Agencia EFE- 8th June 2009

Mr. Miguel Sebastián, Spanish Minister of Industry, has insisted today the worst of the crisis “seems to have been overcome” in the wake of the last unemployment and industrial output figures.

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Liberal Essays

Expansión- 8 June 2009
Tom Burns Marañón

I had dinner the other day with an old friend who climbed to the top of Citigroup and now enjoys a sweet retirement in Santa Monica, California. He is happy to live near his grandsons while he is finishing a PhD thesis about Francisco de los Cobos, the powerful adviser of Charles I of Spain and V of Germany. The beautiful city of Úbeda, where De los Cobos was born and died, owes to him the astonishing image of a city which seems to have been moved from the Tuscany of the Renaissance.

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Two Indian and one American economists win the III Jaime Fernández de Araoz Award

ABC- 4 June 2009

The III Jaime Fernández de Araoz Corporate Finance Award, a biannual award with a cash prize of Euro 10.000 plus a Martín Chirino sculpture, has gone to the Indian Finance Professors Viral Acharya and Raghuram Rajan as well as to the American Stewart Myers for their paper “The Internal Governance of Firms”.

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Towards the internal governance of firms

Expansión- 4 June 2009

The Indian Professors Viral Acharya and Raghuram Rajan as well as the American Stewart Myers have been awarded with the III Jaime Fernández de Araoz Corporate Finance Award for their paper “The Internal Governance of Firms”.

Article in full…