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CALL FOR PAPERS

Special Issue of
Asia–Pacific Journal of Financial Studies
on Corporate Culture, Media, and Politics in Finance
Special Issue Editor: Bohui Zhang (CUHK Shenzhen)

Asia–Pacific Journal of Financial Studies (AJFS) invites manuscripts for a special issue on Corporate
Culture, Media, and Politics in Finance and related issues, scheduled for publication in 2019. AJFS became
the first finance journal published in Asia-Pacific region covered by the Social Science Citation Index (SSCI)
in 2006. Visit http://wileyonlinelibrary.com/journal/ajfs for additional information about the Journal.

The aim of this special issue is to advance our understanding of corporate culture, media, and politics in
finance. Specifically, we seek empirical and theoretical papers that highlight how corporate culture, media
coverage, and politics affect firms’ financial and investment decisions, and capital market’s characteristics
such as market efficiency and the cost of capital. There is substantial cross-country variation in corporate
culture, media, and politics, especially in the Asia-Pacific area. This special issue will also focus on the
determinants of the above cross-country variation and its capital and corporate market implications.

The special issue is devoted to the empirical and theoretical studies of these and other related issues, both
positive and normative. Papers focusing on Asian countries are especially encouraged. While submissions
from a wide range of perspectives are welcome, the following are some of the topics the special issue will
focus on:

1) Corporate culture
- The impact of corporate culture on firm value
- The role of corporate culture in firms’ financial policies and investment decisions
- Cross-country/region variation in corporate culture
- The effect of multiple dimensions of corporate culture from corruption to transparency on firm
performance
- Diversity in boards/CEOs including education, gender, military experience, and religion among others.

2) Media
- The informational content of textual disclosures and financing costs
- The ability of textual information to predict firms’ performance or decisions
- The use of new techniques such as the machine learning technique to process and trade on
information about firms
 - The capital market role of the media and journalist characteristics
- Cross-country variation in media coverage characteristics and the implication of capital market
efficiency
- How one type of the media affects other types of the media and how capital markets respond.

3) Politics
- Political uncertainty and corporate decisions such as financial policies and investment decisions
- Anti-corruption regulations and firm value
- Political connections and firms’ stakeholders
- Political systems, financial crises, and shareholder value
- Cross-country variation in political systems and financial development

AWARDS:
Up to eight (8) papers will be selected and US$1,000 award will be granted to each selected paper.

SUBMISSION INFORMATION:
All manuscripts must be in English and should follow the author guidelines at
http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)2041-6156/homepage/ForAuthors.html
To submit your paper, you should login to your account on the Asia-Pacific Journal of Financial Studies -
ScholarOne Manuscripts site at https://mc.manuscriptcentral.com/ajfs as an Author. All manuscripts should
be submitted by July 31, 2018. Submission fee is waived, so upload Submission Charge Form without credit
card information to complete your submission in Step 5 of the submission process. We expect to complete the
review process and notify the result by December 31, 2018. Early-accepted papers may appear prior to the
publication of the special issue which is scheduled on April, 2019. For queries, please send email to:
bohuizhang@cuhk.edu.cn