About the Journal

The Journal of Finance publishes leading research across all the major fields of financial research. It is the most widely cited academic journal on finance. Each issue of the journal reaches over 8,000 academics, finance professionals, libraries, government and financial institutions around the world. Published six times a year, the journal is the official publication of The American Finance Association, the premier academic organization devoted to the study and promotion of knowledge about financial economics. 

 

Announcements

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2022 Dimensional Fund Advisors Prizes 

The Dimensional Fund Advisors Prizes are awarded annually for outstanding capital markets papers published in The Journal of Finance.
First Prize Paper

December 2021
 
Distinguished Papers

 Sina Ehsani and Juhani Linnainmaa
Factor Momentum and the Momentum Factor
June 2022

Andrés Schneider
Risk-Sharing and the Term Structure of Interest Rates
August 2022


For more information on the Dimensional Fund Advisors Prizes, please visit the AFA Prizes page.

2022 Brattle Group Prizes 

The Brattle Group Prizes recognize the best corporate finance papers published each year in The Journal of Finance.

First Prize Paper

Andreas Fuster, Paul Goldsmith-Pinkham, Tarun Ramadorai, and Ansgar Walther
Predictably Unequal? The Effects of Machine Learning on Credit Markets 
February 2022

Distinguished Papers
 
Asaf Bernstein
Negative Home Equity and Household Labor Supply
December 2021

Isaac Hacamo and Kristoph Kleiner
Forced Entrepreneurs
February 2022


For more information on the Dimensional Fund Advisors Prizes, please visit the AFA Prizes page.


Important Note: Online Publication from 2024

The Journal of Finance will be published in online-only format effective with the 2024 volume. This is a proactive move towards reducing the environmental impact caused by the production and distribution of printed journal copies and will allow the journal to invest in further innovation, digital development, and sustainability measures. Published articles will continue to be published on Wiley Online Library and disseminated quickly through the journal’s broad network of indexing services, including Scopus and Web of Science. Articles will also continue to be discoverable through popular search engines such as Google. All color images will now be reproduced digitally and published free of charge.

https://afajof.org/submissions/

Articles

ARTICLE
Open access

Disclosing a Random Walk

ILAN KREMER, AMNON SCHREIBER, ANDRZEJ SKRZYPACZ, 
  •  13 November 2023
ARTICLE

Information Cascades and Threshold Implementation: Theory and an Application to Crowdfunding

LIN WILLIAM CONG, YIZHOU XIAO, 
  •  5 November 2023
ARTICLE
Open access

Trading and Shareholder Democracy

DORON LEVIT, NADYA MALENKO, ERNST MAUG, 
  •  3 November 2023
ARTICLE

Liquidation Value and Loan Pricing

FRANCESCA BARBIERO, GLENN SCHEPENS, JEAN-DAVID SIGAUX, 
  •  3 November 2023
ARTICLE

Intervention with Screening in Panic‐Based Runs

LIN SHEN, JUNYUAN ZOU, 
  •  3 November 2023
More articles

The following is a list of the most cited articles based on citations published in the last three years, according to CrossRef.

free access

On Persistence in Mutual Fund Performance

Mark M. Carhart, 
  •  57-82
  •  18 April 2012
free access

The Cross‐Section of Expected Stock Returns

EUGENE F. FAMA, KENNETH R. FRENCH, 
  •  427-465
  •  June 1992

FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY

Edward I. Altman, 
  •  589-609
  •  September 1968
First page image

A Survey of Corporate Governance

Andrei Shleifer, Robert W. Vishny, 
  •  737-783
  •  18 April 2012
free access

Investor Sentiment and the Cross‐Section of Stock Returns

MALCOLM BAKER, JEFFREY WURGLER, 
  •  1645-1680
  •  3 August 2006
More articles

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