Publishing With Advanced Business And Finance

In my opinion, a sound finance paper must provide solutions to a financial problem and the quality of the work must be unquestionable. Papers must clearly state what the problem is, plainly explain the methodology used to address the problem and then provide a proposed solution. However, many researchers bypass these basic elements and instead opt to follow influential researchers associated with top tier journals. For instance, recently we have seen numerous publications in the area of momentum trading when in fact we have other serious and pressing financial problems that remain unexplored. In this journal, we will encourage researchers to tackle such problems that mainstream journals have failed to address. The technique used to solve financial problems is critical. It is extremely important to adopt the right methodology but we have seen an abuse of econometric tools in finance papers. Instead of using the right tools, researchers are using all available econometrics innovations to illustrate methodological innovations. This leads to a problem whereby the focus of the paper changes from problem solving to intellectual masturbation through the inappropriate use of modeling. Such practices should be avoided as simple, well established models can elegantly solve the problem at hand.