The Department of Finance is pleased to announce that Ulf Axelson has been awarded the 2014 Brattle Group Distinguished Paper Prize at the AFA meeting in Boston for his paper "Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts" (co-authored with Tim Jenkinson, Per Strömberg, and Michael Weisbach).
Associate editors of the prestigious Journal of Finance annually select the three best papers in the field of corporate finance from those published in the Journal during the previous year. This is the second time Ulf has won the Brattle prize in the past five years and highlights LSE’s strength in the field of corporate finance.