Minutes of the 2019 Annual Membership Meeting

• Published date: 01 August 2019
• Date: 01 August 2019
• DOI: http://doi.org/10.1111/jofi.12825

THE JOURNAL OF FINANCE •VOL. LXXIV, NO. 4 •AUGUST 2019

AMERICAN FINANCE ASSOCIATION

Minutes of the 2019 Annual Membership Meeting

The Seventy Ninth Annual Membership Meeting was held at the Hilton Atlanta

on January 5, 2019 at 5:30 pm. The video of the meeting has been posted on

the AFA website. Executive Secretary and Treasurer Jim Schallheim called the

meeting to order and welcomed those in attendance.

The results of the 2018 election were announced as follows:

President: David Hirshleifer

President Elect: Kenneth Singleton

Vice President: John Graham

Directors: Andrea Eisfeldt

Anna Pavlova

Ingrid Werner

The Association thanks outgoing Directors for their service: Xavier Gabaix,

Arvind Krishnamurthy, and Lubos Pastor, as well as past President Campbell

Harvey.

EST Schallheim reported that the Association’s financial condition is strong

(see his report in this issue for details). Total membership numbers showed a

strong increase from 2017 to 2018 with total membership at over 11,000. Our

regular (active) membership numbers increased almost 5% over last year.

Several documents and policies were updated in 2018. New Editorial Ethics

Guidelines for the Journal of Finance were introduced and changes were made

to the AFA Code of Professional Conduct and Ethics. Changes to the AFA

Bylaws were passed by the Board and there will be a membership vote this

month (January) to approve the revised Bylaws. EST Schallheim announced an

email vote to approve the changes in the Bylaws pertaining to (1) replacement of

officers in case of a vacancy, (2) references to the Code of Professional Conduct

and Ethics, and (3) provisions for the removal of an AFA officer, director, or

fellow.

President-Elect David Hirshleifer, the 2019 Program Chair, thanked the pa-

per authors and the 73 session chairs for their work in selecting papers and

discussants. The program consisted of 240 papers (234 regular submissions

and 6 were solicited by AFA Session Chairs), with the 234 regular program

papers selected from a record 2,071 submissions (which is up 10% from the

previous year). The acceptance rate was 11.6%.

DOI: 10.1111/jofi.12825

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