The Academy Awards (aka the Oscars) was created in 1927 as a kind of "super union", and only the elite of the industry were invited to join. Only members of the Academy of Motion Picture Arts and Sciences may nominate and vote for candidates for the Oscars.

Here are the winners from 1940 through 1959.
Also, see the winners from 1927 through 1939.

 
1940
1941
Best Picture
Best Picture
Rebecca
How Green Was My Valley
Best Director
Best Director
John Ford, The Grapes of Wrath
John Ford, How Green Was My Valley
Best Actor
Best Actor
James Stewart, The Philadelphia Story
Gary Cooper, Sergeant York
Best Actress
Best Actress
Ginger Rogers, Kitty Foyle
Joan Fontaine, Suspicion
   
1942
1943
Best Picture
Best Picture
Mrs. Miniver
Casablanca
Best Director
Best Director
William Wyler, Mrs. Miniver
Michael Curtiz, Casablanca
Best Actor
Best Actor
James Cagney, Yankee Doodle Dandy
Paul Lukas, Watch on the Rhine
Best Actress
Best Actress
Greer Garson, Mrs. Miniver
Jennifer Jones, The Song of Bernadette
   
1944
1945
Best Picture
Best Picture
Going My Way
The Lost Weekend
Best Director
Best Director
Leo McCarey, Going My Way
Billy Wilder, The Lost Weekend
Best Actor
Best Actor
Bing Crosby, Going My Way
Ray Milland, The Lost Weekend
Best Actress
Best Actress
Ingrid Bergman, Gaslight
Joan Crawford, Mildred Pierce
   
1946
1947
Best Picture
Best Picture
The Best Years of Our Lives
Gentleman's Agreement
Best Director
Best Director
William Wyler, The Best Years of Our Lives
Elia Kazan, Gentleman's Agreement
Best Actor
Best Actor
Fredric March, The Best Years of Our Lives
Ronald Colman, A Double Life
Best Actress
Best Actress
Olivia de Havilland, To Each His Own
Loretta Young, The Farmer's Wife
   
1948
1949
Best Picture
Best Picture
Hamlet
All The King's Men
Best Director
Best Director
John Huston, The Treasure of the Sierra Madre
Joseph L Mankiewicz, A Letter to Three Wives
Best Actor
Best Actor
Laurence Olivier, Hamlet
Broderick Crawford, All The King's Men
Best Actress
Best Actress
Jane Wyman, Johnny Belinda
Olivia de Havilland, The Heiress
   
1950
1951
Best Picture
Best Picture
All About Eve
An American in Paris
Best Director
Best Director
Joseph L Mankiewicz, All About Eve
George Stevens, A Place in the Sun
Best Actor
Best Actor
Jose Ferrer, Cyrano de Bergerac
Humphrey Bogart, The African Queen
Best Actress
Best Actress
Judy Holliday, Born Yesterday
Vivien Leigh, A Streetcar Named Desire
   
1952
1953
Best Picture
Best Picture
The Greatest Show on Earth
From Here to Eternity
Best Director
Best Director
John Ford, The Quiet Man
Fred Zimmerman, From Here to Eternity
Best Actor
Best Actor
Gary Cooper, High Noon
William Holden, Stalag 17
Best Actress
Best Actress
Shirley Booth, Come Back Little Sheba
Audrey Hepburn, Roman Holiday
   
1954
1955
Best Picture
Best Picture
On the Waterfront
Marty
Best Director
Best Director
Elia Kazan, On the Waterfront
Delbert Mann, Marty
Best Actor
Best Actor
Marlon Brando, On the Waterfront
Ernest Borgnine, Marty
Best Actress
Best Actress
Grace Kelly, The Country Girl
Anna Magnani, The Rose Tattoo
   
1956
1957
Best Picture
Best Picture
Around the World in 80 Days
The Bridge on the River Kwai
Best Director
Best Director
George Stevens, Giant
David Lean, The Bridge on the River Kwai
Best Actor
Best Actor
Yul Brynner, The King and I
Alec Guiness, The Bridge on the River Kwai
Best Actress
Best Actress
Ingrid Bergman, Anastasia
Joanne Woodward, The Three Faces of Eve
   
1958
1959
Best Picture
Best Picture
Gigi
Ben Hur
Best Director
Best Director
Vincente Minnelli, Gigi
William Wyler, Ben Hur
Best Actor
Best Actor
David Niven, Separate Tables
Charleton Heston, Ben Hur
Best Actress
Best Actress
Susan Hayward, I Want to Live
Simone Signoret, Room at the Top