Issue Information ‐ Style Instuctions

Published date01 April 2016
DOIhttp://doi.org/10.1111/jofi.12323
Date01 April 2016
STYLE INSTRUCTIONS
(1)—-All submitted manuscripts must be original work that is not under submission at another journal
or under consideration for publication in another form, suchas a monograph or chapter of a book.
Authors of submitted papers are obligated not to submit their paper for publication elsewhere
until an editorial decision is rendered on their submission. Further, authors of accepted papers
are prohibited from publishing the results in other publications that appear before the paper is
published in the Journal, unless they receive approval for doing so from the managing editor.
(2)—-Authors must submit papers electronically. Instructions for submission and manuscript
preparation are available at the submission site, http://www.afajof.org/details/page/2870711/
submissions.html. Manuscripts must be clearly typed with double spacing. The pitch must not
exceed 12 characters per inch, and the characterheight must be at least 10 points.
(3)—-The cover page shall contain the title of the paper, an abstract of not more than 100 words,
and the names and affiliation of the authors. The abstract must also be entered or pasted into a
separate text box as part of the on-line submission.
(4)—-The introductory section must have no heading or number. Subsequent headings should be
given Roman numerals. Subsection headings should be lettered A, B, C, etc.
(5)—-The article should end with a non-technicalsummary statement of the main conclusions. Lengthy
mathematical proofs and very extensive detailed tables should be placed in an appendix or
omitted entirely. The author should make every effort to explain the meaning of mathematical
proofs.
Final versions of the manuscript should be prepared in accordance with the following additional
guidelines:
(6)—Footnotes. Footnotes in the text must be numbered consecutively and typed on a separate page,
double-spaced, following the reference section. Footnotes to tables must also be double-spaced
and typed on the bottom of the page with the table.
(7)—Tab l e s . Tables must be numbered with Roman numerals. Please check that your text contains a
reference to each table. Indicate with a notation inserted in the text approximately where each
table should be placed. Typeeach table on a separate page at the end of the paper. Tablesmust be
self-contained, in the sense that the reader must be able to understand them without going back
to the text of the paper. Each table must have a title followed by a descriptive legend. Authors
must check tables to be sure that the title, column headings, captions, etc. are clear and to the
point.
(8)—Figures. Figures must be numbered with Arabic numerals. All figure captions must be typed
in double space on a separate sheet following the footnotes. A figure’s title should be part
of the caption. Figures must be self-contained. Each figure must have a title followed by a
descriptive legend. Final figures for accepted papers must be submitted in native electronic form
and uploaded as separate files on the submission site.
(9)—Equations. All but very short mathematical expressions should be displayed on a separate line
and centered. Equations must be numbered consecutively on the right margin, using Arabic
numerals in parentheses. Use Greek letters only when necessary.Do not use a dot over a variable
to denote time derivative; only D operator notations are acceptable.
(10)—References. References must be typed on a separate page, double-spaced, at the end of the
paper. References to publications in the text should appear as follows: “Jensen and Meckling
(1976) report that. . .”. At the end of the manuscript (before tables and figures), the complete list
of references should be listed as follows: For monographs:
Fama, Eugene F., and Merton H. Miller, 1972, The Theory of Finance (Dryden Press, Hinsdale, III.).
For contributions to collective works:
Grossman, Sanford J., and Oliver D. Hart, 1982, Corporate financial structure and managerial in-
centives, in John J. McCall, ed.: The Economics of Information and Uncertainty (University
of Chicago Press, Chicago, III.).
For periodicals:
Jensen, Michael C., and William H. Meckling, 1976, Theory of the firm: Managerial behavior,
agency costs and ownership structure, Journal of Financial Economics 3, 305–360.

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