Review of Corporate Finance
Special Issue
Initial Public Offerings
Overview
Initial public offerings (IPOs) have been a popular research topic for many years. Since the seminal papers by Jay Ritter in the Nineties, IPOs have undergone significant changes. Companies have been experimenting with novel IPO procedures, such as direct listings and SPACs. The governance mechanisms of IPOs have changed, for instance with the increasing recourse to dual-class shares. Moreover, private markets have increased in size significantly over the last years, challenging the need for some companies to go public or delaying their public listing. Taking an international perspective, we have seen various markets outside the US develop and grow significantly using different regulatory approaches. All these recent shifts call for more research in understanding the impact on IPO firms and IPO markets.
Potential topics
Topics that the guest editors welcome are the following (but not limited to):
- IPOs as exit opportunities for private investors
- SPACs and PIPEs
- IPOs vs. M&A
- The role of underwriters and sponsors
- Bond IPOs
- Historical perspectives on IPOs
- Globalization of IPOs markets
- Dual- and cross-listings
- The segmentation of IPO markets
- International perspective on IPO markets
- PE- and VC-backed IPOs
- The governance of IPO-firms
- Dual-class IPOs
- The valuation of IPO-firms
- Timing of IPOs and listing of unicorns
Guest Editors
Marc Deloof, University of Antwerp, Belgium
marc.deloof@uantwerpen.be
Armin Schwienbacher, SKEMA Business School, France
armin.schwienbacher@skema.edu
Silvio Vismara, University of Bergamo, Italy
silvio.vismara@unibg.it
About RCF
RCF is published by Now Publishers. Now publishes papers as Green OA: articles are published under the terms of a non-commercial Creative Commons license (CC-BY-NC), which permits use, distribution and reproduction in any medium, provided the original work is properly cited. You can use the work in subsequent material (e.g., develop or reprint it in a book) as long as you cite the original work. It allows you to maintain your work in open access, which is consistent with most granting body requirements.
RCF prints papers in hard and soft copies. The first issue has just been published - online here:
https://www.nowpublishers.com/RCF
In addition to the official page at Now Publishers, the editors maintain a personal journal page, which has details on the scope of the journal, editors and associate editors, forthcoming papers and associated conferences:
https://sites.google.com/view/review-of-corporate-finance/home?authuser=0
Google Scholar Citation Performance of RCF are as follows (as at May 2, 2022):
Cites / Doc for papers published in 2021: 15.300
Cites / Doc for papers published or forthcoming in 2022: 3.864
Cites / Doc for papers forthcoming in 2023: 0.500
Submission
Submissions to the special issue should be sent electronically to silvio.vismara@unibg.it before November 30, 2023.
All submissions will be subject to the standard review process followed by the Review of Corporate Finance. All manuscripts must be original, unpublished works that are not concurrently under review for publication elsewhere.
Submission Deadline: November 30, 2023
Review of Corporate Finance (RCF)
Call for Papers: Special Issue on International Corporate Finance
International corporate finance is a rapidly evolving field that encompasses the financial and investment strategies of multinational companies in a global context. The COVID-19 pandemic has caused economic upheaval on a global scale, leading to increased uncertainty and geopolitical risks that necessitate adaptive financial and investment strategies. Multinational companies are facing a post-COVID world that is characterized by high inflation and uncertainty, making international corporate finance all the more vital. The current trends in international corporate finance include the acceleration of digitalization, as companies have adopted remote work and digital technologies to bridge geographical and cultural divides in their operations. There is also an increased focus on sustainability and climate change, as the pandemic has highlighted the importance of environmental and social factors in business operations. Additionally, companies are prioritizing liquidity and financial resilience over growth under the current business environments. They also actively seek to raise capital from non-traditional sources of financing and markets. Finally, with supply chain disruptions and geopolitical risks, multinational companies are re-evaluating their global operations and supply chains. This special issue invites submissions that address topics related to
· cross-border mergers and acquisitions
· foreign direct investment and corporate governance
· international capital structure and financing decisions
· corporate social responsibility in global markets
· supply chain finance
· climate finance in global markets
· global financial regulation
· corporate restructuring and bankruptcy in a global context
· capital raisings and debt financing in international financial markets
· international sustainability finance
· other related topics
We welcome both empirical and theoretical papers that make significant contributions to the literature on international corporate finance, with submissions from diverse methodological and theoretical perspectives strongly encouraged. All manuscripts must be original and unpublished works that are not under review by any other journal. We will subject all submissions to a rigorous double-blind peer review process.
Submission Guidelines:
Deadline for submission: 31 August, 2023
Manuscripts should be submitted directly to Prof. Eliza Wu at eliza.wu@sydney.edu.au.
Manuscripts must adhere to the guidelines of Review of Corporate Finance (RCF), which can be found on the journal's website https://www.nowpublishers.com/Journal/AuthorInstructions/RCF. Please indicate that your manuscript is submitted for the special issue on International Corporate Finance.
About the Review of Corporate Finance (RCF):
RCF offers a $1000 best paper award each year. The winning papers in 2021 and 2022 were:
· Allen, Franklin, Xian Gu, & Julapa Jagtiani, 2021. "A Survey of Fintech Research and Policy Discussion" Review of Corporate Finance 1 (3-4), 259-339. http://dx.doi.org/10.1561/114.00000007.
· Anderson, Ronald, Masud Karim, Nan Li, & David M. Reeb, 2022. "The Family Firm Ownership Puzzle" Review of Corporate Finance 2(4), 679-720. http://dx.doi.org/10.1561/114.00000027.
There is no submission fee. RCF is published by Now Publishers (https://www.nowpublishers.com/RCF). Authors of accepted papers of Now Publications keep copyright, and merely license to Now the commercial rights; authors are free to publish their work in any derivative form including abridgments or expansion into a book (providing that complete acknowledgment is given to the original source of the publication). Now publishes in electronic and print formats and provides the authors with PDF for their own use as well as for self-archiving at their own institutions.
Please note that at the end of 2022, RCF’s Google Scholar citations-per-published-article was already 11.13.
RCF features highly-cited authors (with 6,000-96,000+ citations), including Franklin Allen, Renee Adams, Allen Berger, David Reeb, Ronald Anderson, Thomas Chemmanur, John Doukas, Omrane Guedhami, Sadok El Ghoul, Tim Jenkinson, Narjess Boubakri, Barbara Casu, James Chrisman, Richard Smith, Janet Kiholm-Smith, among over 100 authors worldwide from Australia, New Zealand, China, Norway, Germany, UK, Canada, U.S., France, Finland, Italy, Belgium, Ireland, Cyprus, Switzerland, UAE, Pakistan, Singapore, Turkey, and Luxembourg.
Guest Editors:
Eliza Wu, University of Sydney; eliza.wu@sydney.edu.au
Peter Pham, University of Sydney; peter.pham@sydney.edu.au
Buhui Qiu, University of Sydney; buhui.qiu@sydney.edu.au
Review of Corporate Finance
Special Issue
Sustainable and Climate Finance
Overview
Sustainability and climate finance are increasingly receiving attention. Considering environmental, social, and governance (ESG) problems throughout the investment process leads to increased long-term investments in sustainable economic activities, and projects that correspond with the SDGs to expand benefits beyond investors to reach whole communities. This special issue takes a corporate finance perspective to encompass the perspective “inside the firm”, and to broaden the capital market and investors' systemic standpoint.
Potential topics
Topics that the guest editors welcome are the following (but not limited to):
Inside the firm:
- The impact of global warming on firm/industry cash flows
- Selecting projects that benefit the environment and society
- Valuation of sustainable investments
- Restructuring and M&A “sustainable” deals
- Exiting the unsustainable assets
- Financing the transition from brown to green sectors
- Green bonds as a sustainable source of finance
- Climate change challenges and corporate governance
- Climate change challenges and employee policy
From corporate finance to capital markets:
- Climate finance: risk factors and market pricing
- ESG investment strategies: active and passive
- Financial markets implications of the twin digital and green transitions
- Institutional investors and climate finance
From capital markets to investors (systemic perspective):
- Effectiveness of climate finance
- Policy reforms for green finance
- Social impact investing
- Inclusive finance
Guest Editors
Monica Billio, Ca’ Foscari University of Venice
billio@unive.it
Maurizio Murgia, Free University of Bozen
Maurizio.Murgia@unibz.it
Silvio Vismara, University of Bergamo, Italy
silvio.vismara@unibg.it
About RCF
RCF is published by Now Publishers. Now publishes papers as Green OA: articles are published under the terms of a non-commercial Creative Commons license (CC-BY-NC), which permits use, distribution and reproduction in any medium, provided the original work is properly cited. You can use the work in subsequent material (e.g., develop or reprint it in a book) as long as you cite the original work. It allows you to maintain your work in open access, which is consistent with most granting body requirements.
RCF prints papers in hard and soft copies. The first issue has just been published - online here:
https://www.nowpublishers.com/RCF
In addition to the official page at Now Publishers, the editors maintain a personal journal page, which has details on the scope of the journal, editors and associate editors, forthcoming papers and associated conferences:
https://sites.google.com/view/review-of-corporate-finance/home?authuser=0
Google Scholar Citation Performance of RCF are as follows (as at May 2, 2022):
Cites / Doc for papers published in 2021: 15.300
Cites / Doc for papers published or forthcoming in 2022: 3.864
Cites / Doc for papers forthcoming in 2023: 0.500
Submission
Submissions to the special issue should be sent electronically to silvio.vismara@unibg.it before January 31, 2023.
All submissions will be subject to the standard review process followed by the Review of Corporate Finance. All manuscripts must be original, unpublished works that are not concurrently under review for publication elsewhere.
Submission Deadline: February 28, 2023
Review of Corporate Finance
Special Issue on Cryptocurrencies
Handling Editor:
Prof Shaen Corbet, Dublin City University
Overview
The debate surrounding the valuation of cryptocurrency products has in recent times generated much hostility. Evidence suggests that cryptocurrencies were used in a flight-to-safety during the beginning of the COVID-19 pandemic (Corbet et al., 2020), providing validation that they could perhaps present a purpose that is not centralised on speculation. Recent substantial growth of institutional investment has added an air of validation that has underpinned continued cryptocurrency price inflation throughout 2021. Such observations appear to support a continued raison d'être for cryptocurrencies as an investment asset. However, while proponents of price appreciation continue to aim “to the moon”, realistic concerns have begun to emerge about the presence of a substantiative asset price bubble, with particular alarm being raised about the manner in which social media influencers and well-known online discussion forums have amassed and coordinated in an attempt to manipulate pricing (Corbet et al., 2021). To date, none of these investors presented particular concern as to legal repercussions, largely due to the opaque legislative position of these digital assets. Such fears of asset price bubbles have been reinforced by a number of key signals, such as the large number of entrants with no previous technological experience entering the market, and the very fact that a meme coin, marketed by a Shibu Ina, that is decentralised, fully anonymous, independently mined, and largely underpinned by sentiment, has increased in market capitalisation to almost $100 billion.
It has caused significant alarm that such assets have inflated so dramatically, however, there have been many innovations throughout cryptocurrency and fintech products in recent years (Allen, Gu, and Jagtiani, 2021), which will act as potential research areas in this special issue, due to their inherent non-speculatively driven societal improvements. While the behaviour of meme coins has generated much sectoral distrust, the projects being developed by a number of international central banks are observed as a potential watershed moment in finance, with a number of CBDC’s being observed as progressive, ground-breaking experiments with positive early indications as to future viability. However, cross-border valuation and trade remain significant challenges to progress. The advancements of products such as Non-Fungible Tokens (NFTs), smart contracts and stablecoins have also been observed to be progressive. With such technological advancement, also exists the threat of significant, lucrative cybercriminality and fraud relating to cryptocurrency, both internally and externally. The role of policy-makers and regulators is also observed as a key theme within this special issue, to which its purpose is to encourage theoretical and empirical contributions on cryptocurrencies with a focus on their impact on investors, exchanges, regulators, policy-makers and key international stakeholders.
Possible Research Areas
A partial list of topics that will represent core themes to this special issue include, but are not limited to the following:
What are the impacts of Central Bank Digital Currencies? How will Central Bank cryptocurrency development influence the world of digital finance?
The growth of the markets for Non-Fungible Tokens and as to how this market could influence alternative investments and other digital finance products?
Initial Coin Offerings and Cryptocurrency exchange development and maturity
The continued development of Stablecoins
The growth of cybercriminality in Cryptocurrency markets and the countermeasures being developed to resist such theft and promote market integrity
The properties of Cryptocurrency as a developing asset class and as to how we can use crypto tokens for societal improvement?
The presence of bubbles in Cryptocurrency assets – how to measure, identify and mitigate such effects?
Ethical concerns surrounding cryptocurrency marketing campaigns and the sources of momentum of meme cryptocurrencies
Topics relating to the growing market for cryptocurrency ETFs, ETH-based contracts and smart contracts
To what evolving role do policy-makers and regulators play during the continued growth of cryptocurrencies
References
Allen, Franklin, Xian Gu, & Julapa Jagtiani, 2021. "A Survey of Fintech Research and Policy Discussion" Review of Corporate Finance 1, forthcoming
Corbet, S., Hou, Y. G., Hu, Y., Larkin, C., & Oxley, L. (2020). Any port in a storm: Cryptocurrency safe-havens during the COVID-19 pandemic. Economics Letters, 194, 109377.
Corbet, S., Hou, Y. G., Hu, Y., & Oxley, L. (2020). We Reddit in a Forum: The Influence of Messaging Boards on Firm Stability (January 31, 2021). Available at SSRN: https://ssrn.com/abstract=3776445
Paper Submission Procedure
Please submit your paper to shaen.corbet@dcu.ie. The deadline of submission is the 31st of October 2021.
About the Review of Corporate Finance (RCF):
RCF is published by Now Publishers. Now publishes papers as Green OA: articles are published under the terms of a non-commercial Creative Commons license (CC-BY-NC), which permits use, distribution and reproduction in any medium, provided the original work is properly cited. These terms mean that you own the copyright to your own work, and transfer a license to Now to print the paper in the journal. You can use the work in subsequent material (e.g., develop or reprint it in a book) as long as you cite the original work. It allows you to maintain your work in open access, which is consistent with most granting body requirements.
RCF prints papers in hard and soft copies. The first issue has just been published - online here: https://www.nowpublishers.com/RCF
And the papers forthcoming in the second issue are online here: https://sites.google.com/view/review-of-corporate-finance/forthcoming-papers?authuser=0
Contributors to RCF so far include top scholars such as Franklin Allen and Allen Berger, among others.
RCF considers original empirical and theoretical papers, as well as methodological contributions, survey papers, and shorter commentaries. All topics in corporate finance are welcome, including interdisciplinary topics. In addition to the official page at Now Publishers, the editors maintain a personal journal page https://sites.google.com/view/review-of-corporate-finance/home?authuser=0 which has details on the scope of the journal, editors and associate editors, and associated conferences.
Review of Corporate Finance
Special Issue on Diversity in Corporate Finance
Handling Editor:
Dr. Sonia Falconieri, Bayes Business School (formerly Cass)
In recent years, policymakers around the world have adopted numerous initiatives aimed to promote gender balance in corporations. This has spurred an extensive research in finance, particularly on the role of women in corporate boards, which has provided evidence of significant gender differences. Female leaders tend to be more sensitive to ethical issues, less overconfident and more risk averse. Women in leadership positions are also shown to communicate differently.
However, more research is needed to better understand these behavioural differences, and their implications for corporate decisions and performance.
Furthermore, despite the many gender balance initiatives worldwide, women still face a glass ceiling in the corporate world where yet very few women are being appointed in the top senior roles. This raises the question of what actions, if any, policymakers should take to promote gender balance more effectively.
Other aspects of diversity and their role in corporations are even less understood.
The purpose of this special issue is to encourage both theoretical and empirical research that fosters our understanding of the impact of diversity on corporate decisions and performance.
Possible topics include but are not limited to:
• Diversity in corporate boards
• Diversity and climate risk
• Women in executive roles and corporate risk
• Gender diversity and the management of the Covid crisis
• Diversity, productivity, and innovation
• Regulation of corporate diversity
• Gender pay gap
Paper Submission Procedure:
Please submit your paper to sonia.falconieri.1@city.ac.uk.
The submission deadline is November 1st 2021.
About the Review of Corporate Finance (RCF):
RCF is published by Now Publishers. Now publishes papers as Green OA: articles are published under the terms of a non-commercial Creative Commons license (CC-BY-NC), which permits use, distribution and reproduction in any medium, provided the original work is properly cited. These terms mean that you own the copyright to your own work, and transfer a license to Now to print the paper in the journal. You can use the work in subsequent material (e.g., develop or reprint it in a book) as long as you cite the original work. It allows you to maintain your work in open access, which is consistent with most granting body requirements.
RCF prints papers in hard and soft copies. The first issue has just been published - online here: https://www.nowpublishers.com/RCF
And the papers forthcoming in the second issue are online here: https://sites.google.com/view/review-of-corporate-finance/forthcoming-papers?authuser=0
Contributors to RCF so far include top scholars such as Franklin Allen and Allen Berger, among others.
RCF considers original empirical and theoretical papers, as well as methodological contributions, survey papers, and shorter commentaries. All topics in corporate finance are welcome, including interdisciplinary topics. In addition to the official page at Now Publishers, the editors maintain a personal journal page https://sites.google.com/view/review-of-corporate-finance/home?authuser=0 which has details on the scope of the journal, editors and associate editors, and associated conferences.
Review of Corporate Finance
Special Issue on Alternative Investment Funds
Special Theme Handling Editor: Na Dai, SUNY Albany
Overview:
While the alternative investment funds (e.g., venture capital, private equity, private debt, hedge funds, and other alternative investment) keep growing, their impact on the corporate world and the overall market is becoming increasingly important and complicated. These funds are often deeply involved in various transactions that result in strategic consolidations or divestments, managerial turnover, changes in corporate governance among many other things. Shareholders, creditors, employees and other stakeholders are affected by these transactions to different extents. They leave footprints in the M&A market, bankruptcy process, proxy fights. In recent years, some hedge funds and private equity funds are increasingly interested in investing in high-growth private companies. Their involvements in the healthcare industry generated a lot of attention to and debates on the health and future landscape of the industry.
The purpose of this special issue is to encourage both theoretical and empirical research on alternative investments funds with a focus on their impact on various industries, markets, and stakeholders.
Possible Research Questions:
· What is the impact of alternative investment funds on their investee companies, for instance, their operating and stock performances, corporate governance, innovation, social responsibility, corporate culture among others?
· What is the impact of alternative investment funds on various parties of the investee companies, for instance, management, employees, unions, creditors among others?
· What is the impact of alternative investment funds on the product market structure and competition?
· How have alternative investment funds affected the M&A market, bankruptcy process, proxy fights? What are the implications for practitioners and policy makers?
· What is the impact of alternative investment funds on entrepreneurial firms, for instance, their performance, valuation, the length of time staying private, the choice of exit strategy? What is their impact on traditional VCs? What is their relationship with traditional VCs?
· What is the social welfare implication of the alternative investment funds’ involvement in healthcare industry?
· How have the investments of alternative funds affected by Covid-19? What is the implication for their investee companies?
Paper Submission Procedure:
Please submit your paper to ndai@albany.edu. The deadline of submission is 10/1/2021.
About the Review of Corporate Finance (RCF):
RCF is published by Now Publishers. Now publishes papers as Green OA: articles are published under the terms of a non-commercial Creative Commons license (CC-BY-NC), which permits use, distribution and reproduction in any medium, provided the original work is properly cited. These terms mean that you own the copyright to your own work, and transfer a license to Now to print the paper in the journal. You can use the work in subsequent material (e.g., develop or reprint it in a book) as long as you cite the original work. It allows you to maintain your work in open access, which is consistent with most granting body requirements.
RCF prints papers in hard and soft copies. The first issue has just been published - online here: https://www.nowpublishers.com/RCF
And the papers forthcoming in the second issue are online here: https://sites.google.com/view/review-of-corporate-finance/forthcoming-papers?authuser=0
Contributors to RCF so far include top scholars such as Franklin Allen and Allen Berger, among others.
RCF considers original empirical and theoretical papers, as well as methodological contributions, survey papers, and shorter commentaries. All topics in corporate finance are welcome, including interdisciplinary topics. In addition to the official page at Now Publishers, the editors maintain a personal journal page https://sites.google.com/view/review-of-corporate-finance/home?authuser=0 which has details on the scope of the journal, editors and associate editors, and associated conferences.
Conference Announcement, October 15, 2021
Conference Program for October 15, 2021
CALL FOR PAPERS
Review of Corporate Finance
Special theme on: Finance and Family Business
Special Theme Handling Editor: Zhenyu Wu, University of Manitoba, Canada
Submission Deadline for Research Proposals: July 15, 2021
Overview:
Finance topics related to family firms have attracted more and more attention in the past two decades. Typical examples include, but are not limited to, Anderson, Mansi and Reeb, 2003, Anderson and Reeb (2003), Anderson, Reeb, and Zhao (2012), Bunkanwanicha, Fan, and Wiwattanakantang (2013), Franks, Mayer, Volpin, and Wagner (2012), and Villalonga and Amit (2006). The main goal of this special theme is to encourage interdisciplinary studies that deepen our knowledge of finance in family firms. We seek theoretical and empirical papers that shed light on new knowledge to enrich the literature on financial topics of interest listed below related to family business.
Paper Submission Procedure:
Papers to be considered for the RCF special theme on Finance and Family Business will be submitted to Zhenyu Wu at zhenyu.wu@umanitoba.ca by July 15, 2021. All submissions should be original, unpublished papers that are not concurrently under review for publication elsewhere, and they are subject to the standard review process of RCF. Final decisions are expected to be made by December 2021.
If travel restrictions caused by COVID-19 are relaxed, a workshop will be organized on October 15, 2021 at the University of Manitoba, Canada, in order to help further improve papers that are invited for revise-and-resubmit. Otherwise, it will be organized as a virtual conference. Please note that attending this workshop is not required for papers to be considered for this special issue.
References:
Anderson, R.C., S.A. Mansi, & D.M. Reeb. 2003. Founding family ownership and the agency cost of debt. Journal of Financial Economics 68(2), 263-285.
Anderson, R.C., & D.M. Reeb. 2003. Founding-Family Ownership and Firm Performance: Evidence from the S&P 500. Journal of Finance 58(3), 1301-1328.
Anderson, R.C., D.M. Reeb, & W. Zhao. 2012. Family controlled firms and informed trading: Evidence from short sales, Journal of Finance 67(1), 351-385.
Bunkanwanicha, P., J.P.H. Fan, & Y. Wiwattanakantang. 2013. The value of marriage to family firms. Journal of Financial and Quantitative Analysis 48(2), 611-636.
Franks, Julian; Mayer, Colin; Volpin, Paolo; Wagner, Hannes F. 2012. The Life Cycle of Family Ownership: International Evidence. Review of Financial Studies 25(6), 1675-1712.
Villalonga, B., & R. Amit. 2006. How do family ownership, control and management affect firm value? Journal of Financial Economics 80(2), 385-417.
About the Review of Corporate Finance (RCF):
RCF is published by Now Publishers. Now publishes papers as Green OA: articles are published under the terms of a non-commercial Creative Commons license (CC-BY-NC), which permits use, distribution and reproduction in any medium, provided the original work is properly cited. These terms mean that you own the copyright to your own work, and transfer a license to Now to print the paper in the journal. You can use the work in subsequent material (e.g., develop or reprint it in a book) as long as you cite the original work. It allows you to maintain your work in open access, which is consistent with most granting body requirements.
RCF prints papers in hard and soft copies. The first issue has just been published - online here: https://www.nowpublishers.com/RCF
And the papers forthcoming in the second issue are online here: https://sites.google.com/view/review-of-corporate-finance/forthcoming-papers?authuser=0
Contributors to RCF so far include top scholars such as Franklin Allen and Allen Berger, among others.
RCF considers original empirical and theoretical papers, as well as methodological contributions, survey papers, and shorter commentaries. All topics in corporate finance are welcome, including interdisciplinary topics. In addition to the official page at Now Publishers, the editors maintain a personal journal page https://sites.google.com/view/review-of-corporate-finance/home?authuser=0 which has details on the scope of the journal, editors and associate editors, and associated conferences.
CALL FOR PAPERS
Review of Corporate Finance
Special theme on: Emerging Issues in Corporate Finance and Banking
Special Theme Handling Editors:
Claudia Girardone, University of Essex, United Kingdom
Ornella Ricci, University of Roma Tre, Italy
The landscape in which firms and banks operate has changed dramatically over recent years. Business disruptions due to the Covid-19 outbreak, natural disasters and cyber incidents have exposed vulnerabilities and created new challenges on multiple fronts. Further, global GDP is expected to decline, and banks could soon be dealing with substantial credit losses and bankruptcies. Nevertheless, several important trends have emerged that could turn crisis into opportunities for both financial and non-financial firms. These include the accelerated investments in digital technologies and innovations, and the more serious commitment to environmental, social and governance (ESG) goals.
Consolidation and restructuring will likely play an important role to help banks regain their competitiveness and profitability, with new business models expected to emerge. However, progress might crucially depend on political and institutional factors. In addition, in the post-Covid world, regulatory and supervisory authorities will face many challenges to guarantee a level playing field in banking that also provides smooth financing for firms, especially small businesses.
More theoretical and empirical research is needed in these areas. This Special Issue of the Review of Corporate Finance invites submissions of high-quality articles relevant to emerging topics at the intersection between corporate finance and banking, including (but not limited to):
- ESG issues and sustainable finance
- Fintech and digitalisation
- Firm resilience and bank stability
- New bank business models
- SMEs’ access to finance and bank relationships
- Political environment and firm performance
- Profitability of banks and lending standards
- Risks, competition and lending
- Trust, ethics and culture in banking and finance
Paper Submission Procedure:
Please submit your paper to: cgirard@essex.ac.uk
The submission deadline is December 31, 2021.
About the Review of Corporate Finance (RCF):
RCF is published by Now Publishers. Now publishes papers as Green OA: articles are published under the terms of a non-commercial Creative Commons license (CC-BY-NC), which permits use, distribution and reproduction in any medium, provided the original work is properly cited. These terms mean that you own the copyright to your own work, and transfer a license to Now to print the paper in the journal. You can use the work in subsequent material (e.g., develop or reprint it in a book) as long as you cite the original work. It allows you to maintain your work in open access, which is consistent with most granting body requirements.
RCF prints papers in hard and soft copies. The first issue has just been published - online here: https://www.nowpublishers.com/RCF
And the papers forthcoming in the second issue are online here: https://sites.google.com/view/review-of-corporate-finance/forthcoming-papers?authuser=0
Contributors to RCF so far include top scholars such as Franklin Allen and Allen Berger, among others.
RCF considers original empirical and theoretical papers, as well as methodological contributions, survey papers, and shorter commentaries. All topics in corporate finance are welcome, including interdisciplinary topics. In addition to the official page at Now Publishers, the editors maintain a personal journal page https://sites.google.com/view/review-of-corporate-finance/home?authuser=0 which has details on the scope of the journal, editors and associate editors, and associated conferences.