Review of Finance
The Review of Finance is the Journal of the European Finance Association. The aim of the Review of Finance is to publish the very best research in financial economics, irrespective of research methodology, author identity, geography, or whether the findings support existing research or are seen as controversial. In particular, the editors are willing to take risks on papers that may not typically be published by good journals. At the same time, the journal aims to be a resource for the world community of finance researchers, open to exciting and novel contributions from authors around the globe. The board is committed to a fast, electronically managed, editorial process.
The Managing Editor’s Report for 2020/1 is available here.
Some highlights include:
- The 2-year impact factor rose to 3.894. This is 35% higher than 2019-20 (2.885) and 104% higher than 2018-9 (1.906)
- Excluding self-citations, the impact factor is little changed at 3.840 Part of the increase is because Clarivate now includes Early Access articles. Excluding such articles, the impact factor would have been 3.298
- The 5-year impact factor has increased from 3.066 to 4.653
- The number of submissions reached a record of 978, up from 745 in 2019-20.
- At the start of 2017, we announced strict top-three standards, a stringent desk-rejection policy and an increase in submission fees to reduce the number of left-tail submissions (and allow us to start paying referees). Submissions indeed dropped from 923 in 2016-7 to 704 in 2018-9. 2020-1 is the first time since that the RF exceeded the highest pre-2017 submission figures
- The acceptance rate is 4.66%, marking the third successive year it has been below 5%. This suggests that quality has been maintained despite the increase in submissions
- The introduction of top-three standards in 2017 led to the number of accepted papers falling from 58 in 2016-7 to 28 in 2018-9 and the number of R&Rs falling from 87 to 43
- The recent increase in submissions, combined with the constant high quality threshold, means that we accepted 40 papers in 2020-1 and issued 72 R&Rs
- In 2016-17, we published 72 papers (around 12 per issue). In 2019-20, we published 34 (5-6 per issue). From March 2021, we increased this to 9 per issue, i.e. 54 per year
- Despite the COVID-19 pandemic, the mean turnaround time fell from 54 to 44 days, and the median fell slightly from 33 to 32
- The mean number of revisions before acceptance or conditional acceptance fell slightly from 1.3 to 1.2.
- One new metric that we have started to track is the regional breakdown of accepted papers. The proportion of papers from Asian authors rose from 2% in 2018-19 to 16% in 2020-1
- For a paper with n coauthors, this calculation attributes 1/n papers to each author. For example, a paper with 2 US and 1 Asian author counts as 1/3 of a paper coauthored by an Asian author.
The Review of Finance is included in the Financial Times 50 Journals used in FT Research Rank since September 2016.
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» Alex Edmans (Managing Editor)
» Marcin Kacperczyk (Managing Editor Elect)
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