Aims and Scope


Modern Finance (MF) aims to provide an outlet for high-quality original research articles, review papers, and short communications across all areas of finance. We strive to stimulate rigorous theoretical and empirical research and to create an environment that fosters the exchange of ideas among researchers, practitioners, and policymakers.

The journal is committed to promoting diversity, inclusivity, and representation of finance studies from all regions of the world. To this end, we particularly invite contributions from underrepresented research communities. This includes, but is not limited to, researchers from developing regions in Africa, South America, Asia, and Eastern Europe. We encourage submissions from scholars from lower socioeconomic backgrounds and those working on unconventional or overlooked topics within the realm of finance. Our mission is not only to broaden the representation in our submissions and published works but also to challenge and diversify traditional views within finance.

The editorial team seeks to provide a rapid peer review process with high-quality reviews from leading scholars in the field and works with authors to bring papers to publication.

In line with our belief in widespread knowledge sharing, MF operates as an open-access journal. This means that all content is freely available to users or institutions at no charge. Users may read, download, copy, distribute, print, search, link to, or use the full text of articles for any lawful purpose without prior permission from the publisher or author.

MF publishes two issues per year.


Modern Finance welcomes submissions that contribute to our understanding of the multifaceted nature of finance. Our scope encompasses, but is not limited to, the following areas:

  • Corporate finance: This includes capital structure, corporate governance, mergers and acquisitions, dividend policy, risk management, and more.
  • Investments: Topics in this area encompass asset pricing, portfolio management, behavioral finance, cryptocurrency, derivatives, and alternative investments.
  • Financial markets: We welcome research on market microstructure, financial crises, market efficiency, international financial markets, and other related areas.
  • Financial institutions and services: This involves the analysis of banks, insurance companies, credit unions, investment funds, and other institutions.
  • International finance: We encourage studies examining exchange rates, foreign direct investment, international capital markets, and financial management in the international arena.
  • Financial economics: This includes studies of the interplay between finance and macroeconomics, such as the role of finance in economic growth and development.
  • Financial technology and innovation: We are interested in research exploring the impact of technology on finance, including blockchain, artificial intelligence, and other emerging technologies.
  • Personal finance: Studies on individual or family financial decision-making, personal investing, financial literacy, retirement planning, and related topics are also welcome.

Modern Finance considers empirical and theoretical research, quantitative and qualitative, and review articles, such as meta-analysis. We welcome submissions that employ diverse methodologies, including theoretical, empirical, computational, and experimental approaches. The journal is also interested in interdisciplinary studies that intersect finance with other fields, such as economics, business, management, mathematics, and law. Furthermore, we appreciate research presenting novel insights, challenging established paradigms, and proposing innovative financial models or strategies.

Special Issues

Modern Finance welcomes the submission of special issues. These collections aim to bring together focused work on a particular topic or theme. They provide an opportunity to shed light on a previously understudied area or to bridge gaps between research communities that have independently focused on similar or related topics. We strongly prefer thematic issues with a well-connected thread of discourse over collections of loosely related papers.

Proposals for special issues should be submitted directly to the Editor-in-Chief at The Editorial Team will review each proposal. This evaluation is based on several criteria, including the novelty, relevance, and potential contribution of the topic, as well as the added value the proposed special issue would bring to the field.