Journal of Economics and Finance

, Volume 28, Issue 3, pp 361–378 | Cite as

Top finance journals: Do they add value?

  • C. N. V. Krishnan
  • Robert Bricker


This paper develops a methodology for determining the value added by journals to articles they publish and uses this methodology to study five leading finance journals in the period 1990 through 2002. The quality of an article is disaggregated into two components—a component inherent to the article and a component added by the journal. Inherent article quality is proxied by author reputation and the reputation of the author's school, while journal value added is proxied by editorial board quality, journal age, and journal readership characteristics. Our Tobit regression analysis results show that theJournal of Finance, theJournal of Financial Economics, and theReview of Financial Studies add significant value over and above inherent article quality.


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Copyright information

© Academy of Economics and Finance 2004

Authors and Affiliations

  • C. N. V. Krishnan
    • 1
  • Robert Bricker
    • 1
  1. 1.Weatherhead School of ManagementCase Western Reserve UniversityCleveland

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