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About the AFA

Welcome to the homepage of The American Finance Association (AFA): the premier academic organization devoted to the study and promotion of knowledge about financial economics.

Stephen A. Ross receives the 2014 Morgan Stanley-American Finance Association Award for...

Stephen A. Ross is the Franco Modigliani Professor of Financial Economics and a Professor of Finance at the MIT Sloan School of Management.    He was previously the Sterling Professor of Economics and Finance at Yale University and,... read more

Albert S. (Pete) Kyle is selected as a member of the AFA Society of Fellows

The AFA announces the selection of Pete Kyle as a member of the AFA Society of Fellows. Professor Kyle has been the Charles E. Smith Chair Professor of Finance at the University of Maryland’s Robert H. Smith School of Business since 2006. He has... read more

2013 AFA Election Results

The AFA is pleased to annouce the results of the 2013 election: President: Luigi Zingales President-Elect: Patrick Bolton Vice President: Campbell Harvey Directors: Andrew Metrick, Jessica Wachter, Jeff Wurgler On behalf of the Association, the... read more

The Nobel Prize

thumbnail image: The Nobel Prize

Financial economists Eugene F. Fama, Lars Peter Hansen, Robert J. Shiller were honored with The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for laying the foundations for understanding the behavior of asset prices. A... read more

Joint Editorial on Advice for Authors

A Joint Editorial on Advice for Authors has been written by David Hirshleifer, G. William Schwert, and Kenneth J. Singleton (Editors, Review of Financial Studies, Journal of Financial Economics, and Journal of Finance), and can be viewed here. Visit... read more

Journal of Finance iPad app launched

thumbnail image: Journal of Finance iPad app launched

The Journal of Finance is the first of the top finance and economics journals to launch an iPad version of the journal. On Friday, June 21, 2013, all AFA members were sent an access code and installation instructions. If there are any problems - or... read more

2012 Impact Factor 4.333

The 2012 Impact Factors have been released by Thomson Reuters. The Journal of Finance's Impact Factor increased from 4.218 in 2011 to 4.333 in 2012. JF is now ranked 1st out of 86 journals in the Business, Finance category and 3rd out of 332 journals... read more

Executive Secretary and Treasurer

Effective July 1, 2013, the AFA Executive Secretary and Treasurer (EST) will be James Schallheim, the Jake Garn Professor of Finance at the University of Utah. Jim’s appointment as EST was approved unanimously by the AFA Board of Directors, and the... read more

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Publications

The Journal of FINANCE

The Journal of Finance

2012 Impact Factor 4.333

The Journal of Finance publishes leading research across all the major fields of financial economics. It is one of the most widely cited academic journals in economics ranking third (behind the Journal of Economic Literature and the Quarterly Journal of Economics) in five-year impact factor and third in total citations (behind the American Economic Review and Econometrica).

Broad‐Based Employee Stock Ownership: Motives and Outcomes

  • Author(s): E. HAN KIM, PAIGE OUIMET
  • Published on: Volume 69 Issue 3 (June 2014)

Report of the Editor of the Journal of Finance for the Year 2013

  • Author(s): KENNETH J. SINGLETON
  • Published on: Volume 69 Issue 4 (August 2014)

Time‐Varying Fund Manager Skill

  • Author(s): MARCIN KACPERCZYK, STIJN VAN NIEUWERBURGH, LAURA VELDKAMP
  • Published on: Volume 69 Issue 4 (August 2014)

The Real Impact of Improved Access to Finance: Evidence from Mexico

  • Author(s): MIRIAM BRUHN, INESSA LOVE
  • Published on: Volume 69 Issue 3 (June 2014)

Securitization and Capital Structure in Nonfinancial Firms: An Empirical Investigation

  • Author(s): MICHAEL LEMMON, LAURA XIAOLEI LIU, MIKE QINGHAO MAO, GREG NINI
  • Published on: Volume 69 Issue 4 (August 2014)

Merger Negotiations with Stock Market Feedback

  • Author(s): SANDRA BETTON, B. ESPEN ECKBO, REX THOMPSON, KARIN S. THORBURN
  • Published on: Volume 69 Issue 4 (August 2014)

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Forthcoming Articles

The TIPS—Treasury Bond Puzzle*

  • Author(s): Matthias Fleckenstein, Francis A. Longstaff, Hanno Lustig

Corporate Innovations and Mergers and Acquisitions

  • Author(s): JAN BENA, KAI LI

Duration of Executive Compensation

  • Author(s): RADHAKRISHNAN GOPALAN, TODD MILBOURN, FENGHUA SONG, ANJAN V. THAKOR

The Recovery Theorem

  • Author(s): STEVE ROSS

Taxes and Corporate Policies: Evidence From a Quasi Natural Experiment

  • Author(s): CRAIG DOIDGE, ALEXANDER DYCK

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Events

Special Call for Papers: Global Trade/Capital Flows and Competitiveness

  • Date: July 07, 2013 - September 29, 2014
  • Location: Emerald Publishing, UK.

A Special Issue of the International Journal of Commerce and Management will focus on current developments in the areas of...

Capital markets in the 21st century: Transformation through technological change, regulatory reform and financial innovation

  • Date: July 29, 2013 - September 29, 2014
  • Location: www.journals.elsevier.com/

See for details: ...

Northern Finance Association 2014 Conference

  • Date: December 10, 2013 - September 13, 2014
  • Location: Ottawa, Ontario, Canada

The 26th Annual NFA Conference will be held from September 12-14, 2014 in Ottawa, Canada. The Program Chair is Gordon Sick...

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Careers in Finance

Clinical Faculty Position (Open...

  • Salary: Commensurate
  • Location: Vancouver, WA

Washington State University Vancouver and the Carson College of Business invite applications for a permanently funded, clinical...

Post-doc in Entrepreneurship and...

  • Location: Luxembourg

The University of Luxembourg is a multilingual, international research University. The Faculty of Law, Economics and Finance of...

Research Analyst, Quantitative...

  • Location: Toronto, Ontario, Canada

RBC Global Asset Management (“RBC GAM”) is a North American-based asset manager with global scope and industry-leading...

Manager of Procurement & Finance...

  • Location: Miami, Florida, United States, 33199

Manager of Procurement & Finance Operations ABOUT FIU Florida International University is a comprehensive university...

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