The Editors’ Choice Award recognizes the top paper in each issue of The Journal of Financial Research by spotlighting it as the lead article and offering an honorarium to the authors for their outstanding contribution to the journal.
The JFR will also continue to award an annual Outstanding Article to recognize the best paper published in the journal each year.

The Editors’ Choice Award for the Spring 2025 issue of The Journal of Financial Research, voted by the JFR Editorial Board is, “Democracy and stock returns,” by Xun Lei andTomasz Piotr Wisniewski.

Read the article HERE: “Democracy and stock returns.”

Past Editors’ Choice Award articles

The Editors’ Choice Award for the Winter 2024 issue of The Journal of Financial Research, voted by the JFR Editorial Board is, “Climate risk and credit ratings,” by Nhu Tran and Cihan Uzmanoglu. 

The Editors’ Choice Award for the Fall 2024 issue of The Journal of Financial Research, voted by the JFR Editorial Board was, “Informed trading by hedge funds,” by Qiping Huang and Pankaj K. Jain.

The Editors’ Choice Award for the Summer 2024 issue of The Journal of Financial Research, voted by the JFR Editorial Board was, “Institutional investors and mispricing of unionized firms,” written by Viktoriya Lantushenko, Dalia Marciukaityte, and Samuel H. Szewczyk.

The Editors’ Choice Award for the Spring 2024 issue of The Journal of Financial Research, voted by the JFR Editorial Board was, “Cultural, trust, and transparency effects on the use of anchoring in mergers and acquisitions,” written by Stephen P. Ferris, Narayanan Jayaraman, and Min-Yu (Stella) Liao.