Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited
Article Type: Editorial From: Journal of Financial Regulation and Compliance, Volume 16, Issue 3
This is my first issue of the journal as editor and I doubt it could have come at a more interesting time. After years of globalisation, massive money flows around the world, growth, the development of complex financial instruments, easy credit, etc. – chickens are now coming home to roost. It is the job of academics and practitioners alike to explore what has gone wrong with financial regulation and compliance and to offer new ways forward.
The journal has strengthened in recent years and we should offer a big thank you to Dr Oonagh McDonald for her stewardship of the journal. It is my job to build on her achievements and ensure the journal goes from strength to strength.
The strength of the journal has been and will be rigorous, relevant and accessible articles. Too many articles in finance and financial services use advanced mathematics and lengthy empirical analysis to prove a single point which is of little interest beyond a very small group of academics – the number of fairies on a pin head springs to mind. This has not and will not be the type of article which will be encouraged by JFRC. I am keen to take well argued and supported articles which tackle current issues in the industry and the literature, if the latter has real relevance and application.
Given the objective of relevance I intend each issue of the journal to have two to three articles on a common theme. This will give readers a variety of insights into a topic and it should also increase the profile of the journal. Each issue will also contain a number of more general articles. In line with this intention, I am pleased that the current issue has three excellent and complementary articles on pensions. Future themes I am interested in receiving articles on are as follows:
the credit crunch;
Chinese financial services;
banking risk; and
I would be pleased to receive suggestions from readers for additional themes.
Another concern I have with a number of journals is their slow turn round of articles and the tendency towards negative refereeing. It is my intention with JFRC to ensure authors gain a quick response to their submissions and to ensure that refereeing is carried out in a positive and collegial manner.
Finally, to increase the international reach of the journal I have invited a number of eminent scholars from around the globe to join the editorial board. Welcome aboard, and I hope you enjoy the journey.