The purpose of the Cary M. Maguire Prize in Applied Ethics is to recognize scholarship that supports the mission of the The American College Cary M. Maguire Center for Ethics in Financial Services, which is to raise the level of ethical behavior in the financial services profession. The winner will be recognized by the Center and will be awarded a $5,000 cash prize.
The Director of the Center and a Selection Committee will review all nominations and select a winner based on the following criteria:
Work contains novel insights and/or employs a novel methodology
Written in a style accessible to business practitioners
Topic is relevant to business practitioners
Work makes a significant contribution to knowledge
We are delighted to announce that the winner of the 2017 Cary M. Maguire Prize in Applied Ethics is Benjamin Cummings, Associate Professor of Behavioral Finance at The American College of Financial Services. Together we have made the decision that, instead of the prize money being awarded to Cummings as an honorarium, the funds would be used to support a joint research project on “Understanding Affinity Fraud Schemes: Factors that Lead Individuals to Trust Fraudsters” with the Center. We are delighted with this outcome and believe that our project will advance both the mission of the Center and enhance the curriculum of The American College of Financial Services.