Editorial: May 2015
Posted: 6 Jun 2015
Date Written: May 1, 2015
I would like to welcome readers to the Journal for the May Issue. The Journal continues to progress with a strong inflow of submissions and a concerted push for us to keep turnaround times to a minimum. Our current manuscript turnaround time is under 8 weeks on average despite an increasing new paper submission rate (now over 300 per year). We have a healthy pipeline of accepted articles awaiting publication of a quality that continues to increase. We also continue to strengthen the quality of the Editorial Board, with the recent addition of Professors Matthew Pinnuck (University of Melbourne) and Ray da Silva Rosa (University of Western Australia).
This issue contains eight articles with a strong emphasis on accounting and finance, but also a taste of organizational behaviour. The lead article, by Clinch and Verrecchia, looks at the association between disclosure and risk-related discount in stock price. The authors carefully distinguish between whether disclosure is generated from within the system (endogenous) or is voluntarily embarked upon. I am greatly drawn to this paper for a number of reasons. First, the answer to many of our research questions is contingent and the authors identify and then test that most obvious contingency.
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