Financial Management's Success as an Academic Journal

Financial Management (Financial Management Association), Autumn, 1999 by Kenneth A. Borokhovich, Robert J. Bricker, Betty J. Simkins

SSCI Immediacy Index for Finance Journals over the Period 1995-1997 (Ranked by the 1997 Immediacy Index)

The journals are ranked by the 1997 immediacy index and the journal's ranking for each year is provided in the table below the index value. The immediacy index is published by the Social Sciences Citation Index Journal Citation Report and measures how quickly citations to a specific journal appear in the published literature. The immediacy index is calculated as the average number of times that an article published in a specific year within a specific journal is cited over the course of that same year.

Immediacy Index                                1997  1996  1995
Journal of Finance                             0.488 0.348 0.391
                                                 1     2     4
Journal of Money, Credit, and Banking          0.465 0.672 0.122
                                                 2     1     8
Journal of Financial Economics                 0.464 0.234 0.500
                                                 3     3     2
Financial Management                           0.464 0.208 0.407
                                                 3     4     3
Journal of Risk and Insurance                  0.238 0.172 0.167
                                                 5     5     7
Review of Financial Studies                    0.229 0.081 0.222
                                                 6     7     6
Journal of Business                            0.105 0.053 0.550
                                                 7     9     1
Journal of Portfolio Management                0.083 0.043 0.082
                                                 8     11    9
Journal of Banking and Finance                 0.050 0.045 0.378
                                                 9     10    5
Journal of International Money and Finance     0.039 0.058 0.045
                                                 10    8     10
Journal of Financial and Quantitative Analysis 0.038 0.172 0.030
                                                 11    5     11
Journal of Futures Markets                     0.000 0.000 0.024
                                                 12    12    12
            Average SSCI Impact Factor Over the Period 1996-1997
Journal Impact Factor
JFE         2.418
JF          2.083
RFS         1.007
FM          1.003
JB          0.006
JMCB        0.752
JFQA        0.607
JIMF        0.562
JBF         0.425
JRI         0.385
JFM         0.350
JPM         0.341
               Journal Ranking Based on the Average Immediacy
                       Index Over the Period 1996-1997
Journal Average Immediacy Index
JMCB              0.420
JF                0.409
JFE               0.399
FM                0.360
JB                0.236
JRI               0.192
RFS               0.177
JBF               0.158
JFQA              0.080
JPM               0.069
JIMF              0.047
              Journal Ranking Based on Deurenberg's Index for
                the Period 1995 - 1997 (SCCI Impact Factor x
                  Cited Half-life on a Three-Year Average)
Journal Deurenberg's Index
JFE            23.75
JF             16.52
JB              9.75
RFS             7.59
FM              5.96
JMCB            5.87
JFQA            5.40
JIMF            3.38
JRI             3.05
JPM             2.36
JBF             2.34