The Peer Review Process in Finance Journals

Abstract

We examine U.S. and Canadian finance faculty members' perceptions of the fairness, efficiency, and effectiveness o f the finance journal peer review process. We find that most finance faculty are reasonably satisfied with the process, but several areas of concern are apparent, including the blindness of reviews at top journals, the length of review times at lower ranked journals, and apparent editor bias. We examine variations in responses and summarize the respondents' open-ended comments, some of which relate to possible improvements to the review process. We hope to stimulate dialogue on the nature of the review process in finance journals.

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