A New Method for Ranking Academic Journals in Accounting and Finance
University of Stirling Accounting, Finance and Law Working Paper No. 01/2005
39 Pages Posted: 5 Apr 2005
Date Written: March 2005
Abstract
Given the many and varied uses to which journal rankings are put, interest in ranking journal 'quality' is likely to persist. Unfortunately, existing methods of constructing such rankings all have inherent limitations. This paper proposes a new (complementary) approach, based on submissions to the most recent UK research assessment exercise (RAE 2001), which is not restricted to a pre-defined journal set and, importantly, is based on quality choice decisions driven by economic incentives. For three metrics, submissions to RAE 2001 are compared with the available set of publications to provide evidence on the perception of journal quality, a fourth metric is based on the overall RAE grades, and an overall ranking is produced.
Keywords: journal quality, journal rankings, research assessment exercise
JEL Classification: M40, G00, A00
Suggested Citation: Suggested Citation
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