Accounting and Finance Research

Accounting and Finance Research (AFR) is a double-blind peer-reviewed journal, published by Sciedu Press. The journal seeks to publish research articles that are original hypothetical and theoretical in its nature and that provides exploratory insights in the fields of accounting, corporate finance, investment, insurance, monetary banking, stock exchange, capital markets and relevant subjects. The journal is published in both online and printed versions. All publications are open access in full text and free to download.

This journal accepts article submissions online or by e-mail ( ).


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2015: Articles Received: 105; Accepted: 70; Rejected: 34; Published: 54; Retracted: 0

2014: Articles Received: 114; Accepted: 87; Rejected: 24; Published: 67; Retracted: 0

2013: Articles Received: 81; Accepted: 59; Rejected: 24; Published: 56; Retracted: 0




What is e-Version FirstTM

e-Version First is a feature offered through our journal platform. It allows PDF version of manuscripts that have been peer reviewed and accepted, to be hosted online prior to their inclusion in a final printed journal. Readers can freely access or cite the article. We aim to publish accepted manuscripts in e-Version First in two week's time after the final draft completed.


Paper Selection and Publishing Process

a) Submission Acknowledgement

When you submit a manuscript online, you will receive a submission acknowledgement letter sent by the online system automatically. For email submission, the editor or editorial assistant sends an e-mail confirmation to the submission’s author within one to three working days. If you fail to receive this confirmation, please check your bulk email box or contact the editorial assistant by email: .

b) Basic Review

The editor or editorial assistant determines whether the manuscript fits the journal’s focus and scope. Next a check for the similarity rate is done using CrossCheck, powered by iThenticate. Any manuscripts out of the journal’s scope or containing plagiarism, including self-plagiarism, are rejected.

c) Peer Review

We use a double-blind system for peer review; both reviewers’ and authors’ identities remain anonymous. The submitted manuscript will be reviewed by at least two experts: one editorial staff member as well as one to three external reviewers. The review process may take two to four weeks.

d) Decision Is Made

The decision to accept or reject an article is based on the suggestions of reviewers. If differences of opinion occur between reviewers, the editor-in-chief will weigh all comments and arrive at a balanced decision based on all comments, or a second round of peer review may be initiated.

e) Notification of the Result of Review

The result of review will be sent to the corresponding author and forwarded to other authors.

f) Publication Fee Is Paid

If the submission is accepted, the authors revise paper and pay the publication fee (300USD).

g) Print Journals Are Mailed

After publication, two hard copies of the journal will be sent to the corresponding author. If you want more copies, please order at

h) Publication Notice

The authors and readers will be notified and invited to visit our website for the newly published articles.



AFR Indexed in EconLit

Accounting and Finance Research (AFR) has been evaluated and accepted for listing in EconLit. An annotation of the journal will appear in the New Journals section of the Annotated Listing of New Books department of the December 2013 issue of the Journal of Economic Literature (JEL).  
Posted: 2013-11-13 More...

Call for Papers-Accounting and Finance Research


We are seeking submissions for forthcoming issue published in May 2016. The paper should be written in professional English. The length of 3000-8000 words is preferred. All manuscripts should be prepared in MS-Word format, and submitted online: or sent

For any further information about the journal, please log on its website:

Deadline for Submission: March 31, 2016

Posted: 2013-03-20 More...
More Announcements...

Vol 5, No 1 (2016)

Accounting and Finance Research, Vol. 5, No. 1, 2016, e-Version FirstTM

Table of Contents


The Effects of Board Characteristics and Ownership Structure on the Corporate Financial Leverage PDF
Mohamed Galal Abobakr, Khairy Elgiziry p1
An Empirical Contextual Validation of the CapitalCubeTM Market Trading Variables as Reflected in a 10-year Panel of the S&P500: Vetting for Inference Testing PDF
Edward J. Lusk, Michael Halperin p15
Gold as a Hedge and a Diversifier: The Perspective from Lebanon PDF
Samih Antoine Azar p27
Corruption as an Agency Problem – Currency Hedging in Corrupt Countries PDF
David M. Simmonds, Sanjib Guha, Carl B. McGowan, Jr p38
Ethics, Corporate Governance and Financial Reporting in the Nigerian Banking Industry: Global Role of International Financial Reporting Standards PDF
Adegbie, Folajimi Festus, Fofah Evelyn Temitope p50
Earnings Management, Earnings Surprises, and Distressed Firms PDF
John S. Howe, Reza Houston p64
Fair Value Accounting: A Controversial but Promising System PDF
Fawzi A. Al Sawalqa p88
Troublesome Tidings? Investors’ Response to a Wells Notice PDF
Paul A Griffin, Estelle Y Sun p99
Study on Internet Investor Relations Management Evaluation of Listed Companies in China PDF
Ping Guan, Liangrong Song, Haimin Cao p121
Chapter 11 Stocks: Information Uncertainty PDF
Xavier Brédart, Nadine Levratto, Messaoud Zouikri p130
Bank Diversification and Future Stock Price Performance: Evidence from Post-Acquisition Returns after the GLBA PDF
Lonnie L. Bryant p137
The Impact of the Opinions of the Independent Auditors on the Investor Decisions in Banking Sector: An Empirical Study on the Banks Operating in Turkey PDF
Basak Erdem Rena, Elif Guneren Genc, Fatma Ulucan Ozkul p157
Modeling Equity Compensation under Accounting Contingencies PDF
John Bizjak, Swaminathan Kalpathy, Rex Thompson p164
The Effect of Internal Control Problems on the Bid-Ask Spread under SOX Section 302 PDF
Shin Hyoung Kwon p180
LIFO Distortions in the Manufacturing Industry PDF
June Li, Megan Y Sun p191
Mutual Fund Ratings and Efficiency: An Examination of the Relationship PDF
Mahendra Raj, Md Hamid Uddin p202
Political Connection and the Demand for Industry Specialist Auditors PDF
Li Zheng Brooks p210
Heterogeneity of Trading Information and the Price-Volume Relationship: Theory and Evidence PDF
Hsinan Hsu, Tsung-Che Wu, Grace Shu-hsing Wu, Ya-Hui Chang p232
U.S. Macroeconomic News and International Stock Prices: Evidence from Newspaper Coverage PDF
Gene Birz, Sandip Dutta p247

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

Accounting and Finance Research
ISSN 1927-5986 (Print)   ISSN 1927-5994 (Online)

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