International Journal of Financial Research

International Journal of Financial Research (ISSN: 1923-4023; E-ISSN: 1923-4031) is an open-access and peer-reviewed journal published by Sciedu Press in Canada. This journal is published quarterly (January, April, July and October) in both print and online versions. All publications are open access in full text and free to download.

This journal publishes original and leading research across all the major fields of accounting, finance and economics, ranging from institutional & corporate finance, accounting, insurance & risk management, monetary banking, stock exchange, to business economics, development economics, capital markets and more.


This journal accepts article submissions online or by e-mail (


** The journal has been covered by Scopus.






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ZBW – German National Library of Economics


International Journal of Financial Research is covered in Scopus

We are pleased to announce that International Journal of Financial Research has been covered in Scopus. Scopus is the largest abstract and citation database of peer-reviewed literature: scientific journals, books and conference proceedings.


Call for Papers and Recruitment of Reviewers

We are calling for submission of papers for the forthcoming issue of Vol. 11, No. 5, October, 2020. The length of 3000-8000 words is preferred. All manuscripts should be prepared in MS-Word format, and submitted online.

If you are interested in submitting a paper to this journal, please refer to the Author Guidelines. For any question you have, please contact the Editorial Assistant via:

We are recruiting reviewers for the journal. If you are interested, you are welcome to join us. Please find the application form and details at:



2020Q1: Articles Received: 137; Accepted: 69; Rejected: 46; Published: 42; Retracted: 0

2019: Articles Received: 424; Accepted: 246; Rejected: 92; Published: 209; Retracted: 0

2018: Articles Received: 118; Accepted: 69; Rejected: 34; Published: 62; Retracted: 0

2017: Articles Received: 138; Accepted: 88; Rejected: 36; Published: 73; Retracted: 0

2016: Articles Received: 140; Accepted: 74; Rejected: 44; Published: 95; Retracted: 0

2015: Articles Received: 124; Accepted: 64; Rejected: 40; Published: 77; Retracted: 0

2014: Articles Received: 121; Accepted: 80; Rejected: 40; Published: 85; Retracted: 0



e-Version FirstTM (Vol. 11, No. 4, July, 2020)
Current Issue (Vol. 11, No. 2, April, 2020)
All Issues


Open Access Policy:

This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.

Copyright Policy:

Copyrights for articles are retained by the authors, with first publication rights granted to the journal. Authors have rights to reuse, republish, archive, and distribute their own articles after publication. The journal/publisher is not responsible for subsequent uses of the work.

This journal is licensed under a Creative Commons Attribution 4.0 License.


e-Version FirstTM

e-Version First is a featured way of publishing articles in our journal. It allows PDF version of manuscripts that have been peer reviewed and accepted, to be hosted online prior to their inclusion in a final printed journal. Readers can freely access or cite the article.


Each paper published in International Journal of Financial Research is assigned with a DOI®number, which appears beneath the author's affiliation in the published paper. Click HERE to know what is DOI (Digital Object Identifier). And click HERE to retrieve Digital Object Identifiers (DOIs) for journal articles, books, and chapters.


Paper Selection and Publication Process

a). Upon receipt of paper submission, the Editorial Assistant sends an E-mail of confirmation to the corresponding author within 1-2 working days. If you fail to receive this confirmation, your submission/e-mail may be missed. Please contact the Editorial Assistant in time.

b). Peer review. We use double-blind system for peer-review; both reviewers and authors’ identities remain anonymous. The paper will be peer-reviewed by three experts; two external reviewers and one editor from the journal typically involve in reviewing a manuscript. The review process may take 4-5 weeks.

c). Notification of the result of review by E-mail.

d). The authors revise paper and pay publication fee (500USD).

e). After publication, the corresponding author will receive two hard copies free of charge.

f). E-journal in PDF is available on the journal’s webpage for download, free of charge.


The publisher and journal have a policy of “Zero Tolerance on the Plagiarism”. We check the plagiarism issue with two methods: reviewer check and plagiarism prevention tool (iThenticate).

All submissions will be checked by iThenticate before being sent to reviewers.



Policy Change of Free Print Journals


As you may be aware, printing and delivery of journals result in causing a significant amount of detrimental impact to the environment. Being a responsible publisher and being considerate for the environment, we have decided to change the policy of offering free print journals for authors.

From July 1, 2018, we will not automatically provide authors with free print journals. However, if authors really need free print copies, they are requested to kindly complete an application form to order printed copies. Once we approve, we will arrange printing and delivery, for a maximum of two copies per article.  If authors require more than two copies, they are requested to order online at:

Additionally, we are happy to provide journal’s eBook in PDF format for authors, free of charge. The eBook is the same as the printed version, but it is completely environmentally friendly. Please contact the journal editor to request eBook of the journal’s issues.

We are committed to saving the planet for our future generations.
Posted: 2018-01-25 More...
More Announcements...

Vol 11, No 3 (2020)

Vol. 11, No. 3, Special Issue, June, 2020

Table of Contents


Azleen Ilias, Erlane K Ghani, Nasrudin Baidi, Zubir Azhar
Nadiah Amirah Nor Azhari, Suhaily Hasnan, Zuraidah Mohd Sanusi
Nirman Noor Afiqi Mat Yusoh, Tuan Zainun Tuan Mat
Aida Maria Ismail, Siti Muliyana Ahmadi, Normahiran Yatim, Puteh Mariam Ismail
Maheran Zakaria, Rahayu Abdul Rahman, Hasnun Anip Bustaman
Mazni Asrida Abdullah, Azlina Ahmad, Nor Azam Mat Nayan, Zubir Azhar, Abd-Razak Ahmad
Siti Fadilah Bt Mat Zin, Marziana Madah Marzuki, Nik Kamaruzaman Hj Abdulatiff
Najihah Muhammad, Sharifah Faigah Syed Alwi, Nabihah Muhammad
Azizah Abdullah, Norazamina Mohamed, Najihah Marha Yaacob, Suraya Ahmad
Faridah Najuna Misman, Wahida Ahmad, Noor Sufiawati Khairani, Nur Hazimah Amran
Mohd Halim Kadri, Juyati Mohd Amin, Zarina Abu Bakar
Nor Balkish Zakaria, Muhammad Rasyid, Norazida Mohamed, Dalila Daud, Aida Maria Ismail
Syamsyul Samsudin, Nik Nur Shafika Mustafa, Nor Haliza Hamzah, Che Khalilah Mahmood
Faridah Najuna Misman, Shashazrina Roslan, Muhammad Izzat Mat Aladin
Nurul Azlin Azmi, Nor Balkish Zakaria, Fazrul Hanim Abd Sata, Zuraidah Mohd Sanusi
Muhamad Khalil Omar, Ainie Hairianie Aluwi, Norashikin Hussein, Idaya Husna Mohd, Syezreen Dalina Rusdi
Saunah Zainon, Rina Fadhilah Ismail, Soo Kum Yoke, Haryati Ahmad, Nurulzulaiha Saudah Suhadak
Khairil Faizal Khairi, Mohamad Subini Abdul Samat, Nur Hidayah Laili, Hisham Sabri, Mohd Yazis Ali Basah, Asmaddy Haris, Azrul Azlan Iskandar Mirza