Maria Correia, Irem Tuna and Scott Richardson pick up best Best Paper Award at RAST Conference
Professor Maria Correia recently presented her joint work with Professors Scott Richardson and Irem Tuna, entitled “Value-investing in credit markets,” at the 2011 Review of Accounting Studies annual conference.
The conference, one of the most prestigious in Accounting, was held at Bocconi University in Milan, Italy. Professor Correia explained how a value investing approach could be applied to credit markets. Using a combination of market and accounting data it is possible to build default forecasting models that can, in turn, be used to identify mispriced credit securities. The paper was chosen by conference participants to receive the BlackRock Best Paper prize.
This is an outstanding achievement as over 120 papers were submitted to the conference from leading academics around the world.