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Dissemination, Publication, and Impact of Finance Research: When Novelty Meets Conventionality

Author

Listed:
  • Rui Dai
  • Lawrence Donohue
  • Qingyi (Freda) Drechsler
  • Wei Jiang

Abstract

Using numeric and textual data extracted from over 50,000 finance articles in Social Science Research Network (SSRN) during 2001–19, we examine the relationship between measured qualities and a paper’s readership, eventual outlet, and impact. Conventionality (semantic similarity with existent research) helps boost readership and publication prospects. However, novelty in the forms of emerging topics and databases are associated with better publishing outcomes. Studies that do not easily map into established finance subfields or that introduce nonfinance elements face a higher hurdle. Finally, papers whose research questions span multiple fields are a hard sell, but those building on prior knowledge from multiple fields are valued.

Suggested Citation

  • Rui Dai & Lawrence Donohue & Qingyi (Freda) Drechsler & Wei Jiang, 2023. "Dissemination, Publication, and Impact of Finance Research: When Novelty Meets Conventionality," Review of Finance, European Finance Association, vol. 27(1), pages 79-141.
    • Handle: RePEc:oup:revfin:v:27:y:2023:i:1:p:79-141.
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    Cited by:

    1. Guillaume Coqueret, 2023. "Forking paths in financial economics," Papers 2401.08606, arXiv.org.

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    More about this item

    Keywords

    Finance research; Impact; Publication; Innovation; Machine learning; Textual analysis;
    All these keywords.

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
    • G00 - Financial Economics - - General - - - General

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