Journal of Law, Finance, and Accounting

The Journal of Law, Finance, and Accounting will offer an outlet for high quality empirical or theoretical scholarly work at the intersection of law, finance, and accounting. This intersection includes research having implications for the ways law and regulation affect the structure, governance, performance, and function of the firms, markets, and institutions that comprise the financial system as well as research that addresses the different ways capital is raised and the links between financial markets and the real economy. This interdisciplinary research area is sometimes called “law and finance,” although much important relevant work comes from scholars whose principal home may be in accounting, economics, or political science. Topics of Interest The impact of the structure of the legal system — including legal origins, procedural rules, and the legal environment in general, on the evolution of financial contracts, financial markets, business enterprises and business groups. The impact of particular legal and market institutions, including accounting, on financial markets and corporate actions, and innovation, economic growth and stability. The co-evolution of the legal rules and market institutions that govern financial sector activity, that activity itself, and the nature of the broader economy and financial markets. The regulation, organization, and performance of financial institutions. The relationships between the structure and performance of financial institutions, and the performance of these institutions and the overall performance of financial markets and economies. The interplay between legal rules, accounting regulations, corporate governance, firm performance, cost of equity and debt capital, financial market performance, and economic performance. The political economy of the regulation of corporate governance, financial institutions, and financial markets. Accounting, finance, and legal issues concerning ownership and property.