B. Espen Eckbo | Econometrics and Finance | Research Excellence Award

Prof. B. Espen Eckbo | Econometrics and Finance | Research Excellence Award

Dartmouth College | United States

B. Espen Eckbo is a globally recognized scholar in corporate finance and one of the field’s most influential empirical researchers. He is the Tuck Centennial Professor of Finance at the Tuck School of Business, Dartmouth College, and has held distinguished academic appointments at leading institutions including the University of British Columbia, Stockholm School of Economics, Norwegian School of Economics, MIT Sloan, UCLA, INSEAD, and Vanderbilt University. With a Ph.D. in Financial Economics from the University of Rochester, Professor Eckbo has built a four-decade research career that has shaped modern understanding of takeovers, corporate governance, capital structure, bankruptcy, and competition policy. He has authored major handbooks, edited influential volumes on corporate finance, and published widely in top-tier journals such as the Journal of Finance, Journal of Financial Economics, Review of Finance, Management Science, and Journal of Corporate Finance. Ranked among the world’s top finance scholars—including a 2024 ScholarGPS ranking of worldwide in Corporate Finance—he has earned numerous honors such as the Barclays Global Investors/Michael Brennan Prize, multiple Best Paper Awards, “All Star Papers” in JFE, and an honorary doctorate from the Norwegian School of Economics. Professor Eckbo is also the founding director of the Lindenauer Center and Forum for Governance Research at Dartmouth and has served on editorial boards, research councils, and scientific advisory committees across Europe and North America. With extensive keynote lectures, major research grants, and high-impact collaborations, he continues to advance empirical corporate finance through rigorous scholarship, editorial leadership, and global academic engagement.

Citation Metrics (Google Scholar)

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Citations
15,456

i10index
73

 h-index
42

Featured Publications

Horizontal mergers, collusion, and stockholder wealth
– Journal of Financial Economics, 1983 • Citations: 1,764
Corporate takeovers
– Handbook of Empirical Corporate Finance, 2008 • Citations: 975
Valuation effects of corporate debt offerings
– Journal of Financial Economics, 1986 • Citations: 945
Seasoned public offerings: Resolution of the ‘new issues puzzle’
– Journal of Financial Economics, 2000 • Citations: 825
Asymmetric information and the medium of exchange in takeovers: Theory and tests
– The Review of Financial Studies, 1990 • Citations: 672

Avanidhar Subrahmanyam | Econometrics and Finance | Best Researcher Award

Prof. Avanidhar Subrahmanyam | Econometrics and Finance | Best Researcher Award

UCLA | United States 

Prof. Avanidhar Subrahmanyam is a globally recognized scholar in finance whose work has significantly shaped contemporary understanding of market microstructure, asset pricing, liquidity dynamics, and behavioral influences in financial decision-making. With a prolific academic record of 122 research documents, more than 15,960 citations, and an h-index of 49, he ranks among the most influential voices in modern financial economics. His research has appeared in premier journals and is frequently referenced in policy discussions, regulatory modeling, and advanced financial analytics, underscoring the practical relevance and theoretical depth of his contributions. Prof. Subrahmanyam is particularly renowned for pioneering insights into how investor psychology, information asymmetries, and market frictions influence asset prices and trading behavior—work that has advanced both academic discourse and real-world market design. His expertise extends across empirical finance, econometric modeling, and interdisciplinary research intersecting economics, psychology, and data science. Throughout his career, he has actively collaborated with leading international researchers, contributing to multi-institutional and cross-disciplinary projects that enhance global understanding of financial markets. These collaborations have resulted in influential frameworks used by practitioners, central banks, investment institutions, and risk-management bodies. His scholarship has played a critical role in informing studies related to liquidity crises, high-frequency trading, behavioral anomalies, and investor welfare, providing valuable guidance to regulators and industry leaders seeking to design stable and transparent markets. Prof. Subrahmanyam’s work also carries strong societal impact, offering analytical foundations for improving market fairness, mitigating systemic risks, and strengthening the financial resilience of economies.

Profiles: Scopus | Google Scholar

Featuered Publications

Daniel, K., Hirshleifer, D., & Subrahmanyam, A. (1998). Investor psychology and security market under‐ and overreactions. The Journal of Finance, 53(6), 1839–1885.

Brennan, M. J., & Subrahmanyam, A. (1996). Market microstructure and asset pricing: On the compensation for illiquidity in stock returns. Journal of Financial Economics, 41(3), 441–464.

Chordia, T., Roll, R., & Subrahmanyam, A. (2000). Commonality in liquidity. Journal of Financial Economics, 56(1), 3–28.

Chordia, T., Roll, R., & Subrahmanyam, A. (2001). Market liquidity and trading activity. The Journal of Finance, 56(2), 501–530.

Brennan, M. J., Chordia, T., & Subrahmanyam, A. (1998). Alternative factor specifications, security characteristics, and the cross-section of expected stock returns. Journal of Financial Economics, 49(3), 345–373.

Md. Rubel Islam | Econometrics and Finance | Best Researcher Award

Dr. Md. Rubel Islam | Econometrics and Finance | Best Researcher Award

Bangladesh Bank (The Central Bank of Bangladesh), Bangladesh

Dr. Md. Rubel Islam is an accomplished economist and researcher whose work focuses on the intersections of monetary policy, remittances, development economics, and financial inclusion. His research explores the socioeconomic and political dimensions of remittance flows, examining their influence on poverty reduction, household welfare, governance, and democratic development in emerging economies. By combining advanced econometric techniques with empirical data, he provides deep insights into how financial systems and policy reforms can enhance economic stability and inclusive growth. His scholarly contributions, published in leading international journals such as Review of Development Economics, Hitotsubashi Journal of Economics, and Social System Studies, highlight his ability to translate complex economic theories into actionable policy recommendations. In addition to his work on remittances, Dr. Islam’s research extends to central banking, macroeconomic management, and digital finance, where he emphasizes the role of technology and innovation in strengthening financial systems. His analytical proficiency with statistical software such as STATA, E-Views, and R supports his data-driven approach to research, allowing him to contribute meaningfully to evidence-based policy formulation. Through his academic and professional endeavors, Dr. Islam continues to advance the discourse on sustainable economic development, governance, and financial resilience, positioning himself as a thought leader in applied economics and policy innovation.

Profiles: ORCID | Google Scholar

Featured Publications

  1. Islam, M. R., & Lee, K. K. (2025). Do foreign remittances fuel or fight against corruption? Evidence from developing countries. Review of Development Economics.

  2. Islam, M. R., & Lee, K. K. (2024). Dynamics of remittances on household well-being in Bangladesh: Does regional migration matter? 社会システム研究, 85.

  3. Islam, M. R., & Lee, K. K. (2023). Do foreign remittances promote democracy? A dynamic panel study of developing countries. Hitotsubashi Journal of Economics, 64(1), 59–85.

  4. Islam, M. R. (2021). The impact of foreign remittances on household income and poverty: Empirical evidence from Bangladesh. Asian Journal of International Studies, 57, 76.

  5. Rahman, A., Khatun, R., Hoque, M. R., Ashraf, S., Rahman, A., & Islam, M. R. (2020). An impact assessment study on special agricultural credit program at 4 percent concessional interest rate. Special Research Work (SRW) of Bangladesh Bank, 2001.

Dr. Md. Rubel Islam’s work bridges the gap between academic research and real-world economic policymaking by providing data-driven insights that enhance financial inclusion, governance, and monetary stability. His research on remittances and macroeconomic policy supports sustainable economic growth, empowering developing nations to build resilient financial systems and reduce poverty through innovative policy solutions.

Md. Shoriful Islam | Econometrics and Finance | Best Researcher Award

Mr. Md. Shoriful Islam | Econometrics and Finance | Best Researcher Award

Zhengzhou University, China

Mr. Md. Shoriful Islam, a Bangladeshi academic and researcher, is currently a Ph.D. candidate in Applied Economics at the Business School of Zhengzhou University, China, where his doctoral thesis focuses on the multidimensional effects of microfinancing on sustainable development, particularly poverty alleviation, unemployment reduction, and environmental sustainability. He holds both BBA and MBA degrees in Finance and Banking from Rajshahi University, where he graduated with top honors, securing first position in his BBA batch and second in MBA, alongside a strong academic foundation from Pabna Zilla School and Govt. Edward College. Professionally, he has accumulated more than 15 years of teaching and academic leadership experience, serving as Lecturer, Senior Lecturer, and Assistant Professor at Northern University Bangladesh before joining Zhengzhou University, with additional responsibilities as Program Coordinator for BBA, MBA, and Internship & Placement Programs. His research interests lie in development economics, social entrepreneurship, renewable energy consumption, and sustainable finance, integrating advanced econometric modeling with policy-relevant insights. Islam is skilled in data analysis software such as STATA, R, Python, EViews, and proficient in curriculum design, student mentorship, program coordination, and academic event management. His scholarly work has appeared in high-impact international journals such as Sustainable Development (Wiley), Journal of Knowledge Economy (Springer), Innovation and Green Development (Elsevier), and Environmental Science & Pollution Research (Springer Nature), contributing to debates on social enterprises, poverty alleviation, and environmental sustainability, with 6 Scopus-indexed publications, 23 citations, and an h-index of 2. He has presented at international conferences and forums, engaging with scholars and practitioners on finance, social enterprises, and sustainability. Among his honors, he received a Gold Medal from Rajshahi University for his outstanding BBA performance. In conclusion, Md. Shoriful Islam exemplifies a dedicated scholar whose academic excellence, impactful research, teaching contributions, and international collaborations position him as a future leader in applied economics and sustainable development.

Profile: Scopus

Featured Publications

Ayoungman, F. Z., Islam, M. S., Chishti, M. Z., & Shawon, A. H. (2024). A pathway towards sustainable development: Analysing the influential role of microfinancing on environmental quality in developing nations. Sustainable Development. Wiley. (SSCI indexed, Impact Factor: 8.2, CiteScore: 14.5, JCR Q1).

Ayoungman, F. Z., Islam, M. S., Zhang, F. L., et al. (2024). Social enterprise’s initiatives for socioeconomic sustainability: Appraisal based on morphogenetic/morphostatic approach and opportunity co-creation theory. Journal of Knowledge Economy. Springer Nature. (ABS 1 indexed, JCR Q1).

Ayoungman, F. Z., Islam, M. S., Masukujjaman, M., Shawon, A. H., & Mahmud, A. A. (2024). Financial factors influencing investment willingness in environment-friendly business: Empirical study on an emerging economy. Innovation and Green Development, 4(1). Elsevier.

Islam, M. S. (2024). Nongovernmental organizations transforming into social enterprises in the process of institutionalizing solutions to major social crises for ensuring sustainable social development. Zakaria Journal of Social Science, 4(1), 41–55. ISSN: 2957-4897.

Ayoungman, F. Z., Shawon, A. H., Ahmed, R. R., Khan, M. K., & Islam, M. S. (2023). Exploring the economic impact of institutional entrepreneurship, social innovation, and poverty reduction on carbon footprint in BRICS countries: What is the role of social enterprise? Environmental Science and Pollution Research. Springer Nature. (SCIE and Scopus indexed Q1 journal, Impact Factor: 6.18).