Empirical investigation of co-authorship in the field of finance: A network perspective

Abstract Collaboration among academic authors promotes innovation and research productivity and increases the quality of published papers. The aim of this paper is to investigate collaboration and co-authorship in the area of finance, focusing on ten leading journals in the field. We employed social network analysis to examine the structure of the networks and the ways in which authors, institutions and countries interact. Our empirical results indicate that co-authorship networks are greatly integrated. We also observed that the size of collaboration networks has been increasing over the last 18 years. Our findings highlight the mechanics of collaborative research production and are therefore useful for the administration of academic institutions and policymaking in higher education.

[1]  Donald L. Tuttle,et al.  THE INSTITUTIONAL SOURCE AND CONCENTRATION OF FINANCIAL RESEARCH , 1977 .

[3]  Anita Williams Woolley,et al.  The role of gender in team collaboration and performance , 2011 .

[4]  Pedro Cosme Vieira,et al.  Are finance, management, and marketing autonomous fields of scientific research? An analysis based on journal citations , 2010, Scientometrics.

[5]  A. Niemi,et al.  Institutional Contributions to the Leading Finance Journals, 1975 through 1986: A Note , 1987 .

[6]  José Luis Ortega,et al.  Influence of co-authorship networks in the research impact: Ego network analyses from Microsoft Academic Search , 2014, J. Informetrics.

[7]  María Bordons,et al.  The relationship between the research performance of scientists and their position in co-authorship networks in three fields , 2015, J. Informetrics.

[8]  Andreas Andrikopoulos,et al.  Editorial board interlocks in financial economics , 2015 .

[9]  Alex Preda,et al.  The Sociological Approach to Financial Markets , 2007 .

[10]  Kam C. Chan,et al.  Ranking of finance journals: Some Google Scholar citation perspectives , 2013 .

[11]  Carl R. Chen,et al.  Author Affiliation Index, Finance Journal Ranking, and the Pattern of Authorship , 2007 .

[12]  Richard J. Fitzgerald,et al.  Scientific collaboration networks , 2018 .

[13]  Necmi Kemal Avkiran An empirical investigation of the influence of collaboration in Finance on article impact , 2012, Scientometrics.

[14]  A. Andrikopoulos,et al.  Coauthorship and subauthorship patterns in financial economics , 2016 .

[15]  D. MacKenzie,et al.  The Credit Crisis as a Problem in the Sociology of Knowledge1 , 2011, American Journal of Sociology.

[16]  R. Whitley The Intellectual and Social Organization of the Sciences (Second Edition: with new introductory chapter entitled 'Science Transformed? The Changing Nature of Knowledge Production at the End of the Twentieth Century') , 1984 .

[17]  D. MacKenzie An Engine, Not a Camera: How Financial Models Shape Markets , 2006 .

[18]  M. Newman Coauthorship networks and patterns of scientific collaboration , 2004, Proceedings of the National Academy of Sciences of the United States of America.

[19]  M. Mulkay The Mediating Role of the Scientific Elite , 1976 .

[20]  William J. Bertin,et al.  Publish or Perish: What the Competition Is Really Doing , 1992 .

[21]  Choong Kwai Fatt,et al.  The structure of collaboration in the Journal of Finance , 2010, Scientometrics.

[22]  S. Goyal,et al.  Economics: An Emerging Small World , 2004, Journal of Political Economy.

[23]  Stanley Wasserman,et al.  Social Network Analysis: Methods and Applications , 1994 .

[24]  P. Bonacich Power and Centrality: A Family of Measures , 1987, American Journal of Sociology.

[25]  R. H. Mabry,et al.  Relative Significance of Journals, Authors, and Articles Cited in Financial Research , 1994 .

[26]  M E Newman,et al.  Scientific collaboration networks. I. Network construction and fundamental results. , 2001, Physical review. E, Statistical, nonlinear, and soft matter physics.

[27]  J. Heck,et al.  Sixty years of research leadership: contributing authors and institutions to the journal of finance , 2008 .

[28]  Andrea Landherr,et al.  A Critical Review of Centrality Measures in Social Networks , 2010, Bus. Inf. Syst. Eng..

[29]  J. Moody The Structure of a Social Science Collaboration Network: Disciplinary Cohesion from 1963 to 1999 , 2004 .

[30]  William G. Hardin,et al.  Finance editorial board membership and research productivity , 2008 .

[31]  Victoria Chick,et al.  The meaning of open systems , 2005 .

[32]  Dimitris Assimakopoulos,et al.  Evolution of regional scientific collaboration networks: China-Europe emerging collaborations on nano-science , 2013, Int. J. Technol. Manag..

[33]  Russell R. Currie,et al.  Finance Journal Rankings & Tiers: An Active Scholar Assessment Methodology , 2010 .

[34]  Maria Prosperina Vitale,et al.  The use of different data sources in the analysis of co-authorship networks and scientific performance , 2013, Soc. Networks.

[35]  Francisco J. Acedo,et al.  Co-Authorship in Management and Organizational Studies: An Empirical and Network Analysis , 2006 .