Global competency centre grant programme

We are pleased to announce our newly established grant program for high quality research in valuation-related areas. Grants of up to €4,000 are available.

Current areas of interest:
  • Cost of capital
  • Valuation methods (WACC vs APV etc)
  • Real options applications and valuation issues
  • Equity risk premium
  • Shareholder value
  • Disclosure and corporate value

All submitted proposals will be reviewed by the Competency centre and the Advisory board, and if accepted, the completed research will be part of the GCC research excellence series.

Proposals should not exceed 10 pages and must include a forecast of results. Please also indicate a time schedule that includes the start and end dates of the research project.

Terms and conditions

  1. The Global competency centre grant programmes' council will decide which applications are successful. Members of the council are:

    Simon Benninga (Professor of Finance at Tel-Aviv University and the University of Groningen and Visiting Professor of Finance at the Wharton School, University of Pennsylvania);

    Michael Brennan (Irwin and Goldyne Hearsh Professor of Banking and Finance at the University of California, Los Angeles, and Professor of Finance at the London Business School);

    Wim Holterman (Partner, PwC, Head of Global competency centre).
  2. Only proposals that relate to the carrying out of research in valuation related areas will be considered.
  3. All proposals must be original and previously unpublished.
  4. Grants will not exceed €4,000. The grant will be paid directly to the grant recipient after delivery of the final paper.
  5. The resulting research will be made available on PwC' website (www.pwc.com/gcc) for public dissemination. The grant programme will not preclude the publication in other media of the research by grant recipients, who will in all other respects maintain academic rights to their research. However, when published by PwC, all research will display the PwC logo and will be formatted according to PwC' brand guidelines.
  6. The grant recipient undertakes to indemnify and hold harmless PwC for infringement of any third party copyright or other intellectual property rights arising out of the work submitted by the Grant Recipient.
  7. Submission of a proposal shall constitute acceptance of these terms and conditions, the interpretation of which shall be determined by the Global Competency Centre Grant Programmes’ Council in its absolute discretion. No correspondence will be entered into. The Global Competency Centre Grant Programmes’ Council's decision shall be final and binding.