(Stay tuned for the Editors’ Choice Award of the Journal of Financial Research, Spring 2024)
Former Outstanding Articles published in the
Journal of Financial Research:
Erik Devos, Bill Elliott, and Murali Jagannathan, former Co-Editors of the Journal of Financial Research, selected the following as outstanding articles published in 2020.
The award for Outstanding Article in Corporate Finance, from the Summer 2020 issue was “Postcrisis M&As and the Impact of Financial Constraints,” written by Sean Cleary and Ashrafee Hossain.
The award for Outstanding Article in Market Microstructure from the Fall 2020 issue was “Jumps, News, and Subsequent Return Dynamics: an Intraday Study,” written by Yuewen Xiao, Xiangkang Yin, and Jing Zhao.
Erik Devos, Bill Elliott, and Murali Jagannathan, former Co-Editors of the Journal of Financial Research, selected one outstanding article published in 2019.
From the Fall 2019 issue, “Measuring Limits of Arbitrage in Fixed-Income Markets” written by Jean-Sébastien Fontaine and Guillaume Nolin.
Scott Hein, Jeffery Mercer, and Drew Winters, past Co-Executive Editors of the Journal of Financial Research, selected two articles deemed to be outstanding in 2018:
From the Spring 2018 issue, “The Effects of Mutual Funds on M&A Compensation” written by Patty Bick and Matthew D. Crook. The authors studied how mutual funds influence firm behavior around an acquisition through votes against management proposals.
From the Fall 2018 issue, “An Examination of 13F Filings” written by Anne Anderson and Paul Brockman. This study examined Form 13F institutional holdings and finds evidence of reporting discrepancies that can be significant for the users of such filings.
Scott Hein, Jeffery Mercer, and Drew Winters, past Co-Executive Editors of the Journal of Financial Research, selected two articles deemed to be outstanding in 2017:
From the Summer 2017 issue, “Are Short Sellers Informed? Evidence from Credit Rating Agency Announcements,” by Jian Shi, Junbo Wang and Ting Zhang. The authors found there was abnormally high short-selling in advance of negative credit watch and other credit downgrade announcements.
The second article selected for distinction was “Bank Financing and Firm Growth: Evidence from Transition Economies,” written by Barkat Ullah and Zuobao Wei. The study examined firms in transitional economies and found firms that use formal bank finance grow at a faster rate than those that use informal finance sources.