The Review of Financial Studies

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News

June 13, 2009:

The annual RFS members' meeting will start at 5pm in the Marriott's Santa Rosa Room on June 19. (Who is a member? Anybody that either subscribes to the journal, has submitted a paper in the past year, or has paid the annual membership fee.) At 6pm the RFS and BGI will host a reception for all attending the WFAs in the Marriott's Seaview Room. We hope to see you at both events.

June 9, 2009:

MAJOR NEW WEB PAGE ADDITION! The RFS is pleased to announce that it is now accepting and posting on line material to accompany its published papers. If you have material that you would like to make available to the public we encourage you to send them in for posting. Go to the Paper Addenda Guidelines page for directions on how to do so.

If you want to see if an article has material on line (like databases, parameter estimates, program code, or a technical appendix) check the Addenda page. If there is material you would like but we do not have please let us know. Perhaps your request will help encourage the author to then make the material available on line.

We hope this new page and it accompanying files will further help our profession's overall research agenda.

June 3, 2009:

Decisions regarding submissions to the RFS-Yale Financial Crisis have now gone out. If you have not heard from the organizers one way or the other please contact them.

Send comments regarding this web page to Matthew Spiegel.

Turnaround:
Mean: 55.14 days
Median: 50 days
Total Submissions
(since 07/02/08): 1018
Acceptance Rate: 9.26%

Conference Announcements

The Financial Crisis
July 11 and 12, 2009
Yale School of Management
New Haven, CT
SUBMISSION DEADLINE: May 1, 2009

Texas Finance Festival
April 24 and 25, 2009
AT&T Executive Education and Conference Center
Austin, Texas
SUBMISSION DEADLINE: February 1

COLOR Pages!
The RFS publishes pages in color! The service fee is $600 per figure and just covers the journal's costs.

Forthcoming in the RFS

Investor Protection and Interest Group Politics
by Lucian A. Bebchuk and Zvika Neeman

We model how three groups—insiders in existing public companies, institutional investors, and entrepreneurs planning to take firms public—compete for influence over politicians setting the level of investor protection. We identify factors that push toward suboptimal investor protection, including corporate insiders’ ability to use public firms’ assets to influence politicians, and institutional investors’ inability to capture fully the value of investor protection for outside investors. Entrepreneurs and public firms’ interest in raising equity capital does not fully eliminate the distortions arising from insiders seeking to extract rents from capital in place. Our analysis produces many testable predictions concerning how investor protection varies over time and around the world.

Contact | Yale University | Yale School of Management