Abstract
We analyze the tendency of a journal to publish articles that eventually become classics in their specialized fields. A simple theoretical model is developed and applied to citation data for finance journals in 1991 and 1992. Of the top ten finance journals, only four are traditional finance journals, and six are economics journals, while none are accounting journals. This illustrates the close synergies between economic research and financial research. In contrast, the linkages between accounting research and financial research are much weaker.
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We thank Harold Black, Philip Cooley, Esther Davis, Robert Eisenbeis, Carl Hubbard, J. Thomas Lindley, Jeff Madura, Terry Zivney, Marilyn Wiley, and an anonymous referee for very helpful comments and discussion which substantially improved earlier drafts of this paper. This does not indicate agreement by any of these individuals with the ranking system described in this article, or with the results. These items, and any errors or omissions, are the responsibility of the authors.
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McNulty, J.E., Boekeloo, J. Two approaches to measuring journal quality: Application to finance journals. J Econ Finan 23, 30–38 (1999). https://doi.org/10.1007/BF02752684
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DOI: https://doi.org/10.1007/BF02752684