Aspects of the Production of Significant Financial Research LOUIS H. EDERINGTONâ ALTHOUGH IT IS NOT a perfect measure, an academic publicationâs impact or significance can probably best be judged by the number of times it is cited by subsequent articles in the field. Using this index of significance for articles published in the Journal of Finance ( J O F ) and the Journal of Financial and Quantitative Analysis (JFQA) over the period 1967-1972, this article explores several aspects of the production and publication of âsignificantâfinancial research. Key questions are the extent to which finance articles differ in their impact, how highly cited articles differ from articles which are rarely cited, and the extent to which a ranking of finance departments by citations differs from a ranking in terms of articles or pages published. Since the study is based on the proposition that an articleâs significance or quality can best be measured in terms of the number of times it is cited by other writers, the advantages and disadvantages of this measure are discussed in Part I before the significance and importance of financial research articles are explored in Part I1 and before questions concerning article importance and
The Journal of Finance – Wiley
Published: Jun 1, 1979
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