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Is corporate finance research in decline?

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  • David J. Denis

Abstract

There has been a secular decline in published research on corporate finance topics over the past decade or so. While this raises questions about the vitality of the field going forward, I argue that a number of recent developments represent important new directions for research in corporate finance. These developments have begun to have an impact on scholarly activity and I expect this to continue in the near future.

Suggested Citation

  • David J. Denis, 2024. "Is corporate finance research in decline?," The Financial Review, Eastern Finance Association, vol. 59(2), pages 257-264, May.
    • Handle: RePEc:bla:finrev:v:59:y:2024:i:2:p:257-264
    DOI: 10.1111/fire.12370
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    References listed on IDEAS

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    1. Andrea Gamba & Alexander Triantis, 2008. "The Value of Financial Flexibility," Journal of Finance, American Finance Association, vol. 63(5), pages 2263-2296, October.
    2. Denis, David J. & McKeon, Stephen B., 2021. "Persistent negative cash flows, staged financing, and the stockpiling of cash balances," Journal of Financial Economics, Elsevier, vol. 142(1), pages 293-313.
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    10. Rongbing Huang & Jay R Ritter & David Denis, 2021. "Corporate Cash Shortfalls and Financing Decisions [Market timing and capital structure]," The Review of Financial Studies, Society for Financial Studies, vol. 34(4), pages 1789-1833.
    11. Harry DeAngelo & Andrei S Gonçalves & René M Stulz, 2018. "Corporate Deleveraging and Financial Flexibility," The Review of Financial Studies, Society for Financial Studies, vol. 31(8), pages 3122-3174.
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