The Review of Financial Studies is an academic journal published by Oxford University Press on behalf of the Society for Financial Studies. It was established following discussions at the 1986 Western Finance Association (WFA) meetings, and the first issue was published in 1988. Together with the Journal of Finance and the Journal of Financial Economics, the Review of Financial Studies is considered one of the three most prestigious finance journals. Its current executive editor is David Hirshleifer (University of California, Irvine). According to the Journal Citation Reports, the journal has a 2010 impact factor of 4.602, ranking it first out of 74 journals in the category "Business, Finance".
Dramatic drop in US IPO activity can't be blamed on tougher regulations
An extensive study of initial public offerings shows dramatic changes in the IPO landscape around the world over the past two decades, including a large decrease in the importance of IPOs in the United States ...
How 'dark pools' can help public stock markets
A "dark pool" may sound like a mysterious water source or an untapped oil well. In reality, it's a finance term: Dark pools are privately run stock markets that do not show participants' orders to the public ...
Beliefs drive investors more than preferences, study finds
(Phys.org)—If experts thought they knew anything about individual investors, it was this: their emotions lead them to sell winning stocks too soon and hold on to losers too long.
Study: Mutual fund portfolio risk increased when managers favor home-state stocks
Inexperienced mutual-fund managers and those working for funds with limited resources tend to invest too heavily in companies from their home states without the benefit of actual knowledge of the companies.