Minutes of the 2018 Annual Membership Meeting

• DOI: http://doi.org/10.1111/jofi.12707
• Date: 01 August 2018
• Published date: 01 August 2018

THE JOURNAL OF FINANCE •VOL. LXXIII, NO. 4 •AUGUST 2018

AMERICAN FINANCE ASSOCIATION

Minutes of the 2018 Annual Membership Meeting

The 78th Annual Membership Meeting was held at the Loews Philadelphia

Hotel on January 6, 2018 at 5:30 pm. The video of the meeting has been posted

on the AFA website. Past President Campbell Harvey called the meeting to

order and welcomed those in attendance.

The results of the 2017 election were announced as follows:

President: Peter DeMarzo

President-Elect: David Hirshleifer

Vice-President: Kenneth Singleton

Directors: Pierre Collin-Dufresne

Mara Faccio

Itay Goldstein

The Association thanks outgoing Directors for their service: Ulrike Mal-

mendier, Per Str¨

omberg, and Pietro Veronesi, as well as past President Patrick

Bolton.

Past President Campbell Harvey reported that the Association’s financial

condition is strong (see Executive Secretary and Treasurer Schallheim’s re-

port in this issue for details). Total membership numbers remained basically

unchanged between 2016 and 2017 at around 10,600. Our regular (active)

membership numbers increased 3.7% over last year.

The latest news for the Association is the recent launch of the new website.

Please consider the new website a work in progress and any comments you have

are greatly appreciated. Many thanks go to the officers and board members

for all the incredible work performed on behalf of the AFA and especially to

President David Scharfstein for making sure the new website was presentable

when launched.

President-Elect Peter DeMarzo, the 2018 Program Chair, thanked the paper

authors and the 74 session chairs for their work in selecting papers and discus-

sants. The program consisted of 247 papers (235 regular submissions, five were

submitted to another society for the joint sessions, and seven were solicited by

AFA Session Chairs), with the 235 regular program papers selected from 1,883

submissions (which is up 17% from the previous year). The acceptance rate was

12.5%.

President-Elect DeMarzo also reported on some further statistics. For session

chairs, 27% were female. For regular program papers, 83% were empirical, 43%

DOI: 10.1111/jofi.12707

1953