There were 22 applications made for the 2006 Summer Research Grants: 15 of the applicants were awarded grants. There were eight reviewers: Drs. Peter Aiken, David Downs, Anson Seers, Leslie Stratton, David Urban, Jayaraman “VJ” Vijayakumar, Margaret Williams, and Heiko Wijnholds. The winners were:

Dr. Etti Baranoff for “The Management of Enterprise Risks by Life Insurers: A Structural Equation Modeling”

Dr. Kenneth Daniels for “The Integration of Bank Syndicated Loan and Junk Bond Markets”

Dr. David Dubofsky for “Market Microstructure and the Ex-Dividend Day Return”

Dr. José Dulá for “Data Mining with Non-parametric Frontiers”

Dr. Marion McHugh for “Audit Risk Assessments as Determinants of Audit Quality”

Dr. Subhash Narula for “Simultaneous Changes that Leave Minimum Sum of Absolute Errors Regression Unchanged”

Dr. Carolyn Strand Norman for “Do Individual Investors Recognize and Value Strong Controls over Financial Reporting?”

Dr. Oghenovo Obrimah for“Risk Preferences, Diversification Strategies, and Monitoring in the Venture Capital Market”

Dr. Kweku-Muata Osei-Bryson for “Research Program on the Design, Development and Application of Data Mining Techniques”

Dr. Myung S. Park for “Market Uncertainty and Disclosure of Internal Control Deficiencies Under the Sarbanes-Oxley Act”

Dr. Puneet Prakash for “Relativeness in Credit Ratings & Economic Capital Reserves”

Dr. Laura Razzonlini for “A Complete Analysis of Motives for Giving in Dictator Games”

Dr. Brent Smith for “The Influence of Affordability on Construction Quality: Evidence from Housing Market Depreciation Schedules”

Dr. Roland Weistroffer for “Information Technology Investments: Identifying Success Factors”

Dr. Weiyang Zhang for ”Process Improvement Program Management and Supplier Performance”