The Journal of Corporate Finance aims to publish high quality, original
manuscripts that analyze
issues related to corporate finance.
Contributions can be of a theoretical, empirical, or clinical nature.
Topical areas of interest
include, but are not limited to: financial structure, payout policies, corporate restructuring, financial contracts, ... click here for full Aims & Scope
The Journal of Corporate Finance aims to publish high quality, original
manuscripts that analyze
issues related to corporate finance.
Contributions can be of a theoretical, empirical, or clinical nature.
Topical areas of interest
include, but are not limited to: financial structure, payout policies, corporate restructuring, financial contracts, corporate governance
arrangements, the economics of organizations, the influence of legal structures, and international financial management. Papers that
apply asset pricing and microstructure analysis to corporate finance issues are also welcome.
Submission Policy Statement
The editors of the Journal of Corporate Finance are committed to publishing papers that advance our knowledge of corporate
finance through both theoretical and empirical work. We hope to publish papers that are useful to readers and that are innovative. We
will publish papers with "non results" if they contribute to our general understanding of corporate finance. In today's world, there
are vast amounts of data from many different countries available readily. Thus, there are great opportunities to do work that expand
our knowledge. However, there are also unprecedented opportunities to find correlations among variables with weak theoretical justification.
Papers that do so will not be published. Our goal is to publish research that impacts our understanding of corporate finance.
The Journal of Corporate Finance has a two-stage review process. In the first stage, at least one editor must decide that a paper
should go to a reviewer. The number of submissions to the JCF has increased dramatically and we do not have the resources in terms of
the editor's and, most importantly, reviewer's time to review all papers. If a paper passes the first stage, the paper is sent to at
least one reviewer for detailed comments. We would like to help authors improve their papers, even if they will not be published, but
we are severely limited in that role by resource constraints. The editor's final decisions are based on the potential contribution of
the paper, the fit with the mission of the Journal of Corporate Finance, and the quality of the work.
We have decided against
an increase in submission fees to preserve the opportunity to all for submission. However, even if a paper is rejected in the first stage
without a review, the author will be charged. We will pay our reviewers $35 for each review. Second submissions will also carry a submission
charge unless forgiven by the editor.
Authors considering a submission should make sure the paper is as polished as possible, fits
with the mission of the Journal of Corporate Finance (a guiding question is whether there are related publications already in the Journal
of Corporate Finance) and is of interest to our readers. Our letter to reviewers contains this paragraph and should further guide authors:
The Journal of Corporate Finance is a leading corporate finance journal that publishes both theoretical and empirical papers.
The Journal of Corporate Finance is receiving a large number of submissions and we have many high quality submissions. Thus,
our rejection rate is now over 95% and we, and you, do not have the resources to work with any paper that while at some point may be
publishable, would need significant work from the authors (and you). Empirical work that replicates earlier work for a new sample (or
new international data) is generally not publishable unless the sample allows important new insights. Theoretical work needs important
empirical implications, regardless of the quality of the technique, to be considered. We can not publish theoretical work where the contribution
is the technique. Further, it is not a referee's job to work with a paper that is poorly executed or does not recognize the literature
or in general is submitted too early. Of course, sometimes it is beneficial to work with a diamond in the rough but only if you recognize
there could be a valuable diamond there, not some vague potential of a diamond. If you believe the paper is not publishable for any of
the above reasons even a short note explaining your reasoning would be helpful.
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