Aggarwal and Sturgess Earn Research Grant from Q Group

December 20, 2012

Georgetown’s Reena Aggarwal, Robert E. McDonough Professor of Business Administration and professor of finance, and Jason Sturgess, assistant professor of finance, earned a research grant from the Institute for Quantitative Research in Finance (Q Group) for their project on “The Role of Institutional Investors in Voting: Evidence from the Securities Lending Market.”
 
Aggarwal and Sturgess explore the role of institutional investors in influencing firm-level corporate governance through proxy voting. Pedro Saffi with the University of Cambridge joins them in this research. Their paper, which is scheduled to be presented at the American Finance Association Annual Meeting in San Diego in January 2013, also has been presented at the SEC and Federal Reserve Board.
 
The Q Group advances the practice of global investment management by connecting investment professionals with rigorous research and ideas at the frontier of the industry.  It selects projects for superior academic research and evaluates their potential applicability to the field of investment management, choosing grant recipients in a highly selective process.