|Publication:||Issue of International Journal of Managerial Finance (IJMF)|
|Title:||Law, Culture and Finance|
|Type:||Journal Special Issue|
|Editors:||Douglas J. Cumming (York University), Sofia Johan (York University), Feng Zhan (John Carroll University), Minjie Zhang ( University of Windsor),|
|Deadline:||September 17, 2017|
Douglas J. Cumming, Schulich School of Business, York University, Canada
Sofia Johan, Schulich School of Business, York University, Canada; and Tilburg Law and Economics Centre (TILEC), University of Tilburg, Netherlands
Feng Zhan, Boler School of Business, John Carroll University, USA
Minjie Zhang, Odette School of Business, University of Windsor, Canada
Submission Deadline: September 17th, 2017
BACKGROUND OF THE SPECIAL ISSUE:
The objective of this special issue of the International Journal of Managerial Finance (IJMF) is to promote both theoretical and empirical research on the intersection and interaction law and culture on corporate decisions, firm value, and financial transactions.
Academic research in finance has traditionally studied legal perspectives on finance following the pioneering work of La Porta et al. (1998); however, more recently, there has been a growing interest in the role of culture in finance (Karolyi, 2016). Both law and national culture can explain a number of corporate events such as foreign investments, cross-listings, and innovation investment, among other things. Nevertheless, few studies up to date focus the intersection and interaction impact between law and culture on firms and financial markets. One of the difficulties to implement such studies is that regulations tend to change from time to time but national culture remains relatively stable. Also, national culture and legal environments are highly correlated. To this end, new research is needed to ascertain the relative importance of law versus culture in financial markets.
The special issue of IJMF welcomes submissions of papers developed themes that include but are not limited to:
Cumming, D.J., and S. Johan, 2013. “Technology Parks and Entrepreneurial Outcomes around the World” International Journal of Managerial Finance 9(4), 279-293.
Karolyi, A. (2016). “The Gravity of Culture for Finance,” Journal of Corporate Finance 41(1), 610-625.
La Porta, R., Lopez-de-Silanes, F., Shleifer, A., and Vishny, R.W., 1998. “Law and Finance,” Journal of Political Economy, 106, 1113–1155.
Stulz, R.M., Williamson, R. (2003). “Culture, Openness, and Finance” Journal of Financial Economics 70, 313-349.
SUBMISSIONS AND REVIEW PROCESS:
The deadline for submission to the special issue of IJMF is September 17th, 2017. All manuscripts submitted to the special issue should be submitted through the IJMF Manuscript Central website online at http://mc.manuscriptcentral.com/ijmf. Contributors should follow the IJMF Author Guidelines (which can be found at http://www.emeraldgrouppublishing.com/authors/index.htm ). Final decisions on papers for the IJMF special issue will be made later in the year.
Douglas J. Cumming, Schulich School of Business, York University, Canada, firstname.lastname@example.org
Sofia Johan, Schulich School of Business, York University, Canada, and Tilburg Law and Economics Centre (TILEC), University of Tilburg, Netherlands, email@example.com
Feng Zhan, Boler School of Business, John Carroll University, USA, firstname.lastname@example.org
Minjie Zhang, Odette School of Business, University of Windsor, Canada, email@example.com