Two finance faculty members and a former doctoral student were recently honored at the PACAP/Financial Management Association conference in Tyoko, Japan.

Finance professors Donald Fraser and James W. Kolari, along with former student G. Hwan Shin, who is now on the faculty at University of Texas-Tyler, received a Best Paper Award at the international event.

Their paper, “How Does Banking Industry Consolidation Affect Ban-Firm Relationships? Evidence from a Large Japanese Bank Merger,” was supported by grant funds from the college’s Center for International Business Studies.