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A quality-based global assessment of financial research

Author

Listed:
  • Nianhang Xu

    (Renmin University of China)

  • Kam C. Chan

    (Western Kentucky University)

  • Chih-Hsiang Chang

    (National University of Kaohsiung)

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.

Suggested Citation

  • Nianhang Xu & Kam C. Chan & Chih-Hsiang Chang, 2016. "A quality-based global assessment of financial research," Review of Quantitative Finance and Accounting, Springer, vol. 46(3), pages 605-631, April.
    • Handle: RePEc:kap:rqfnac:v:46:y:2016:i:3:d:10.1007_s11156-014-0480-2
    DOI: 10.1007/s11156-014-0480-2
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    References listed on IDEAS

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    1. Chen, Carl R. & Huang, Ying, 2007. "Author Affiliation Index, finance journal ranking, and the pattern of authorship," Journal of Corporate Finance, Elsevier, vol. 13(5), pages 1008-1026, December.
    2. Oltheten, Elisabeth & Theoharakis, Vasilis & Travlos, Nickolaos G., 2005. "Faculty Perceptions and Readership Patterns of Finance Journals: A Global View," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 40(1), pages 223-239, March.
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    1. Domingo Docampo & Vicente Safón, 2021. "Journal ratings: a paper affiliation methodology," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(9), pages 8063-8090, September.
    2. Jon A. Garfinkel & Mosab Hammoudeh & James Weston, 2024. "Academic publishing behavior and pay across business fields," Financial Management, Financial Management Association International, vol. 53(1), pages 31-58, March.
    3. Korkeamäki, Timo & Sihvonen, Jukka & Vähämaa, Sami, 2018. "Evaluating publications across business disciplines: Inferring interdisciplinary “exchange rates” from intradisciplinary author rankings," Journal of Business Research, Elsevier, vol. 84(C), pages 220-232.

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    More about this item

    Keywords

    Research; Ranking; Quality; Google Scholar;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations

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