Academic Publishing Behavior and Pay Across Business Fields
56 Pages Posted: 9 Nov 2021 Last revised: 28 Nov 2022
Date Written: October 25, 2022
Business School faculty salaries are strongly correlated with top-ranked-journal publications. However, publishing outside the top-ranked journals is rewarded differently across fields, and the rewards are significantly lower in finance for publication outside of the “Top-3” (JF, JFE, RFS). Revealed preferences from a journal submission survey suggests these incentives guide finance scholars’ journal submission strategies. The lower probability of a top publication in finance raises their marginal value, leading to a higher average compensation structure. Opportunity costs of academic finance (versus finance industry) are also larger than those of other departments.
Keywords: Academic Pay, Publications, Journal Submission Preferences
JEL Classification: J24
Suggested Citation: Suggested Citation