Impact: What Influences Finance Research?

43 Pages Posted: 8 Jun 2001  

Tom Arnold

University of Richmond - E. Claiborne Robins School of Business

Alexander W. Butler

Rice University - Jesse H. Jones Graduate School of Business

Timothy Falcon Crack

University of Otago - Department of Accountancy and Finance

Ayca Altintig

Claremont Colleges - Peter F. Drucker Graduate School of Management

Multiple version iconThere are 2 versions of this paper

Date Written: January 2001

Abstract

Which journal articles have had the most impact on finance research? Which articles were most cited in each of the last 30 years? Which journals dominated finance research in the 1990s? Did any finance sub-discipline stand out or lag behind in the 1990s? We answer these and similar questions using a comprehensive sample of journals, an extensive time period, and a new ranking method that avoids problems inherent in the existing literature. We find that although six of the ten articles most cited by finance journals were published in econometrics or economics journals, and Journal of Finance accounts for only one of the top ten articles, Journal of Finance still dominates with the article cited most frequently in eight of the last ten years. We also find that methodological papers such as White (1980) and Hansen (1982) are very highly ranked. We use the most influential papers to construct suggested Ph.D. course reading lists.

Keywords: Research Impact, Journal Ranking, citations

JEL Classification: G0

Suggested Citation

Arnold, Tom and Butler, Alexander W. and Crack, Timothy Falcon and Altintig, Ayca, Impact: What Influences Finance Research? (January 2001). Available at SSRN: https://ssrn.com/abstract=271661 or http://dx.doi.org/10.2139/ssrn.271661

Thomas M. Arnold (Contact Author)

University of Richmond - E. Claiborne Robins School of Business ( email )

1 Gateway Drive
Richmond, VA 23173
United States
804-287-6399 (Phone)
804-289-8878 (Fax)

Alexander W. Butler

Rice University - Jesse H. Jones Graduate School of Business ( email )

MS 531
Houston, TX 77005
United States
713-348-6341 (Phone)

HOME PAGE: http://www.owlnet.rice.edu/~awbutler/

Timothy Falcon Crack

University of Otago - Department of Accountancy and Finance ( email )

Dunedin
New Zealand

Z. Ayca Altintig

Claremont Colleges - Peter F. Drucker Graduate School of Management ( email )

The Drucker School of Management
1021 North Dartmouth Avenue
Claremont, CA 91711
United States

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