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Review of Quantitative Finance and Accounting

Erschienen in:

01.04.2016 | Original Research

A quality-based global assessment of financial research

verfasst von: Nianhang Xu, Kam C. Chan, Chih-Hsiang Chang

Erschienen in: Review of Quantitative Finance and Accounting | Ausgabe 3/2016

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Abstract

We conduct rankings on finance programs based on a rich database of citations for all articles from a set of 23 quality finance journals during 1990–2010. Our work represents a new perspective on the evaluation of faculty research as compared to the traditional counting of total number of publications in the literature. Our findings show that the top-five institutions are the University of Chicago, Harvard University, New York University, the University of Pennsylvania, and Duke University. In general, the top programs are able to produce a large number of high impact articles and a majority of their citations are drawn from premier finance journals. In addition, European and Asia–Pacific institutions are doing very well during the recent years. Our author assessment suggests that for an author with at least five normalized citations per year from articles that appeared in the 23 finance journals, she will be in the top 1.7 % of all authors.

Vorheriger Artikel The performance of individual investors in structured financial products

Nächster Artikel Earnings management in the electric utility industry: profit incentives

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The 16 finance journals in Borokhovich et al. (1995) and Chan et al. (2002) are almost identical with the exception that Borokhovich et al. (1995) include Journal of Money, Credit, and Banking while Chan et al. (2002) substitute it with Journal of Financial Intermediation.

A research work needs to be cited at least 10 times in order to be included in their database.

Following Chan et al. (2013), we do not include editorials, comments, replies, book/product reviews, report, announcement, award, tribute, obituary, and erratum.

We thank the anonymous reviewer who pointed out this caveat.

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Titel: A quality-based global assessment of financial research
verfasst von: Nianhang Xu
Kam C. Chan
Chih-Hsiang Chang
Publikationsdatum: 01.04.2016
Verlag: Springer US
Erschienen in: Review of Quantitative Finance and Accounting / Ausgabe 3/2016
Print ISSN: 0924-865X
Elektronische ISSN: 1573-7179
DOI: https://doi.org/10.1007/s11156-014-0480-2

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