A legal theory of finance by katharina pistor ssrn. The journal aims to meet the needs marketing managers, executives, professors and researchers in marketing. In the following sections, we provide indications about the development of the market for debt and equity related to project finance starting from the debt side. The efficient markets theory reached the height of its dominance in academic circles around the 1970s. Some important developments in the 1990s and recently include feedback theories, models of the interaction of smart money with ordinary investors, and. Areas covered include banking and financial institutions, corporate finance, household finance and risk. The journal of corporate finance aims to publish high quality, original manuscripts that analyze issues related to corporate finance. Business, finance 3 out of 209 economics impact factor. The editorial board, saint xavier university sxu, the publisher, or the academy of finance assume no responsibility for the views expressed by authors in the journal of the finance issues. Volume 25, issue 2 pages 71168 2014 download full issue. Nov 08, 2002 finance literature in this decade and after suggests a more nuanced view of the value of the efficient markets theory, and, starting in the 1990s, a blossoming of research on behavioral finance.
Examples of alternative financing activities through online marketplaces are rewardbased crowdfunding, equity crowdfunding, revenuebased financing, online lenders, peertopeer consumer and. Obstfeld journal of international money and finance 31 2012 469 480 477 very misleading in assessing the risks posed by the multilateral pattern of gross nancial ows in a manycountry world. Ssrn provides the online database of early scholarly research a permanent and searchable online library always available, worldwide. He is also a research fellow in the financial economics programme of the centre for economic policy research cepr, a charter member of risk whos who, and a member of an international think tank for policy advice to the german government. Siam journal on control and optimization volume 40, issue 4 10. A maximum principle is proved for optimal controls of stochastic systems with random jumps.
Contributions can be of a theoretical, empirical, or clinical nature. Research on money and finance is a network of political economists that have a track record in researching money and finance. Published six times a year, the journal is the official publication. We explore the use of deep learning hierarchical models for problems in financial prediction and classification. Topical areas of interest include, but are not limited to. Dandago1 and abuh adah2 abstract cost plays a prominent decision making role in the life of an individual and organisation. The author is also grateful to several others, but far too many to mention individually. This chapter deals with the accounting for share capital of companies.
Ssrn electronic journal rg journal impact rankings 2018 and. This article has been cited by the following publications. From efficient market theory to behavioral finance ssrn. The aim of the journal of banking and finance is to provide an outlet for the increasing flow of scholarly research concerning financial institutions and. Subscribe to this fee journal for more curated articles on this topic. The result is that investors interested in a specific project can focus their valuation only on a given, well ringfenced transaction. Ssrn hosts research paper series rps for academic and other research organizations. The control is allowed to enter into both diffusion and. The academy of finance supports and sponsors the journal. Financial distress and competitors investment by emilia. About the journal thejournal of accounting and finance jaf is dedicated to the advancement and dissemination of research across all the leading fields of financial inquiry by publishing, through a blind, refereed process, ongoing results of research in accordance with international scientific or scholarly standards. Abstract full text pdf 162 kb full text html full text epub 104 kb open accessarticle. Global finance journal vol 25, issue 2, pages 71168 2014.
Finance literature in this decade and after suggests a more nuanced view of the value of the efficient markets theory, and, starting in the 1990s, a blossoming of research on behavioral finance. About the journal thejournal of accounting and financejaf is dedicated to the advancement and dissemination of research across all the leading fields of financial inquiry by publishing, through a blind, refereed process, ongoing results of research in accordance with international scientific or scholarly standards. Financial literacy and retirement planning in the united. Sohnke matthias bartram is a professor in the department of finance at warwick business school wbs. This paper analyzes whether the financial distress of a firm affects the investment. Researchjournalis journal of marketing rjom publishes research papers on all aspects of marketing management with ideas and best practice in the field of marketing as a whole. Science and education publishing, publisher of open access journals in the scientific, technical and medical fields. It is the most widely cited academic journal on finance. Conversations that explore, debate and challenge the changing research landscape.
The journal of finance publishes leading research across all the major fields of financial research. Underlying bpm is the dynamic market interplay between emotional crowds and behavioral data investors. The financial crisis exposed major fault lines in banking and financial markets more broadly. Article pdf exponentially affine martingales, affine measure changes and exponential moments of affine processes, with jan kallsen. Ssrn is instrumental as a starting point for phd students, professors, and institutional faculty to post earlystage research, prior to publication in academic journals. Finance and society is an openaccess academic journal devoted to interrogating the social substance of finance. It is an artificial person having corporate legal entity distinct from its members. Yuriy gorodnichenko university of california, berkeley.
The effects of financial reporting and disclosure on. Director gender and mergers and acquisitions, journal of corporate finance a special issue on inside the board room 28, 185200. Alternative finance refers to financial channels, processes, and instruments that have emerged outside of the traditional finance system such as regulated banks and capital markets. Brunetti and kirsten soneson, energy journal, vol 344, 20 herding and speculation in the crude oil market with celso brunetti and jeffrey harris, the energy journal, vol 343, 20 physical market conditions, paper market activity, and the brentwti spread with michel robe, jim moser and thomas lee, the energy journal, vol 343, 20. Journal of financial economics status of the 144 papers accepted for future publication in the jfe progress authors and title accept outright datesent to copy editor sent to author for copy changes sent to publisher.
Reprint in the icfai journal of behavioral finance 1 3 2004. Alternative finance has grown into a considerable global industry in recent years following the financial crisis according to various reports, particularly for small and medium enterprises. We offer a new illustration that law matters by demonstrating that for large investment projects, project finance provides a contractual and organizational substitute for investor protection laws. What are the trends, complexities and opportunities shaping tomorrows research landscape. The relevance of variance analysis in managerial cost control. A practical guide for postgraduate and research students. Ssrn electronic journal rg journal impact rankings 2018.
This list is generated based on data provided by crossref. This is particularly true in light of the ongoing financial recession. Harvey, and roni michaely, journal of financial economics 773, september 2005. Fl australian journal of asian law fl cell press sneak peek equity in stem fl jacc. In this paper, we introduce tractable dynamic models for financial variables such as interest rates, foreign exchange rates, commodity prices, etc. Basic to translational science fl journal of web semantics fl keai fl.
Faith in this theory was eroded by a succession of discoveries of anomalies, many in the 1980s, and of evidence of excess volatility of returns. The journal of banking and finance jbf publishes theoretical and empirical research papers spanning all the major research fields in finance and banking. Submission guidelines the journal of finance issues. University of san diego school of law, indiana university maurer school of law, university of toledo college of law, mississippi college school of law, cornell university law school, university of the pacific mcgeorge school of law, texas southern university thurgood marshall school of law, university of oklahoma college of law. Download pdf \payout policy in the 21st century, with john r. Top 5 papers trending on ssrn april 20 to 26, 2020. Oct 05, 2004 efinance is defined as the provision of financial services and markets using electronic communication and computation. Algorithmic finance is a highquality academic research journal that seeks to bridge computer science and finance, including high frequency and algorithmic trading, statistical arbitrage, momentum and other algorithmic portfolio management strategies, machine learning and computational financial intelligence, agentbased finance, complexity and market efficiency. Work related to all periods and to any schools of economic thought are welcome, as is work that situates economics in wider intellectual and cultural contexts or relates it to other disciplines. Mitchell skip to main content accessibility help we use cookies to distinguish you from other users and to provide you with a better experience on our websites. The journal aims to meet the needs audience comprising marketing managers, executives, senior managers, professors and researchers in the subject of marketing. This paper develops the building blocks for a legal theory of finance. The journal was founded by members of the academy of finance aof which is one of the organizations that meet annually in chicago, il at the midwest business administration association mbaa meetings every year in the late winter or early spring.
The journal seeks to publish research articles that are original hypothetical and theoretical in its nature and that provides exploratory insights in the fields of accounting, corporate finance, investment, insurance, monetary banking. While possibly not the first application of financial technology, since. Ssrn history of economics ejournal promotes communication among scholars interested in all aspects of the history of economic thought. Authors of the accepted articles may be sent a pdf template to electronically submit their final article according to the template. Financial economics concentrates on monetary activities such as the study of financial variables including prices, interest rates and shares, as well as risk and other variables related to financial decisions.
You can read more about our aims and scope here, or in our inaugural editorial. The journal of finance issues accepts open submission of new scholarly empirical or theoretical papers in all areas of finance including but not limited to corporate finance. These are the use of electronic payments systems, the operations of financial services firms and the operation of. Global finance journal vol 25, issue 2, pages 71168.
Investment consultants advise institutional investors on their choice of fund manager. Making consumer finance work by natasha sarin ssrn. Financial industry regulatory authority finra 2010 financial capability in the united states. The financial economics network fen helps promote new scholarship in finance and fosters interdisciplinary discovery in the area that intersects finance with accounting, economics, marketing, psychology and management. International journal of theoretical and applied finance, vol. Researchjournalis journal of marketing publishes research papers on all aspects of marketing management with ideas and best practice in the field of marketing. Her papers have been presented at many prestigious national and international. Crossan, diana, feslier, david and hurnard, roger 2011 financial literacy and retirement planning in new zealand, this volume. Read full text articles or submit your research for publishing. Behavioral portfolio management bpm is presented as a superior way to make investment decisions. Subscribe to this free journal for more curated articles on this topic. Each issue of the journal reaches over 8,000 academics, finance professionals, libraries, government and financial institutions around the world. We investigate project finance as a private response to inefficiencies created by weak legal protection of outside investors. Financial literacy and retirement planning in the united states volume 10 issue 4 annamaria lusardi, olivia s.
541 639 1199 810 278 229 1473 598 198 574 534 1115 1268 437 1280 1286 838 631 1678 378 538 1458 682 779 1482 376 1099 30 194