Journal of Hospitality Financial Management
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<!-- Add indexing information, quotes, etc. Use <h3> for headings -->
ISSN 1091-3211 for print version<br> E-ISSN 2152-2790 for online version</h3>
<p><I>The Journal of Hospitality Financial Management </I>a premier academic organization devoted to the study and promotion of knowledge about finance, financial economics and accounting in hospitality and tourism. Published twice a year, the journal is committed to featuring leading research in the area of finance, financial economics and accounting related to hospitality and tourism. The journal also features invited papers on special interest hospitality finance/accounting topics, viewpoints, research notes, book reviews and abstracts of papers presented at the Annual Symposium of the International Association of Hospitality Financial Management Educators (iAHFME). Research article submissions in this journal typically undergo a double blind review process. Some of the key criteria for evaluation include innovativeness of research ideas, rigor and quality of research, clarity, and relevance to the practice and/or education of financial management and accounting in hospitality and tourism.</p>
<p>All correspondence relevant to business issues, such as membership in iAHFME, subscriptions, orders for single journal copies, advertising, and reprint permission, should be directed to the association secretary at the following address: <br><center>Dr. Raymond S. Schmidgall, <br>Hilton Hotels Professor of Hospitality Financial Management, <br>School of Hospitality Business, <br>Michigan State University,<br> 240 Eppley Center, <br>East Lansing, MI 48824-1121 <br>( Telephone 517 353 9211, Fax 517 432 1170, Email: schmidga@bus.msu.edu).</center> <br><center> All other enquiries related to the journal should be addressed to the editor at the following address: <br>Dr. Atul Sheel, <br>Department of Hospitality and Tourism Management, <br>Isenberg School of Management, 07 Flint Lab, <br>90 Campus Center Way, <br>University of Massachusetts, <br>Amherst, MA 01003<br>(Telephone 413 545 4036, Fax 413 545 1235, Email: sheel@isenberg.umass.edu).</center></p>
<h3>Subscription Information</h3>
<p><strong>Association of Hospitality Financial Management Educators (AHFME) Member Rate:</strong></p>
<p>Regular Member: $US50 per year</p>
<p>Student Member: $US15 per year</p>
<p>Note: Journal of Hospitality Financial Management (JHFM) subscription is included with membership.</p>
<p><strong>Individual Non-member Rate (Print or Electronic):</strong> $US 150 for a one-year subscription </p>
<p><strong>Institutional Rate (Print or Electronic):</strong> $US298 for a one-year subscription </p>
<p><strong>Institutional Rate (Print and Electronic):</strong> $US334 for a one-year subscription </p>
<p>Back issues may be ordered at $50 per issue. International subscribers should add $15 to cover postage costs. To order a subscription <a href="mailto:schmidga@bus.msu.edu">click here</a>. To order a back issue please <a href="mailto:schmidga@bus.msu.edu">click here</a>.</p>
<p><I>The Journal of Hospitality Financial Management</I> (ISSN 1091-3211 for print version, E-ISSN 2152-2790 for online version) is devoted to publishing leading theoretical and empirical studies in the area of finance, financial economics and accounting related to hospitality and tourism; offering a forum for exchange of scholarly ideas and opinions relating to financial aspects of these sectors; and providing industry professionals with an opportunity to interact with the academic community by sharing ideas and commenting on research presented in the journal. Published twice a year, this journal is the official refereed publication of <I>the International Association of Hospitality Financial Management Educators</I> (iAHFME), a premier academic organization devoted to the study and promotion of knowledge about finance, financial economics and accounting in hospitality and tourism.</p>
<h2>Final Manuscript Preparation Guidelines for <em><macro publication.title></em></h2> <div id="styleguide"> <p>By submitting your paper to the Journal of Hospitality Financial Management you are agreeing to the originality of your manuscript and any necessary originality checks your paper may have to undergo during the peer review and production processes.</p> <p>The Journal of Hospitality Financial Management (ISSN 1091-3211 for print version, E-ISSN 2152-2790 for online version) is the official refereed publication of the International Association of Hospitality Financial Management Education (iAHFME), a premier academic organization devoted to the study and promotion of knowledge about finance, financial economics and accounting in hospitality and tourism. Published twice a year, the journal is committed to featuring leading research in the area of finance, financial economics and accounting related to hospitality and tourism; offering a forum for exchange of scholarly ideas and opinions relating to financial aspects of the hospitality industry; and providing industry professionals with an opportunity to interact with the academic community by sharing ideas and commenting on research presented in the journal. Copies of the journal are sent to all iAHFME members. The journal also features invited papers on special interest hospitality finance/accounting topics, viewpoints, research notes, book reviews and abstracts of papers presented at the Annual Symposium of the International Association of Hospitality Financial Management Education (iAHFME). Research article submissions in this journal typically undergo a double blind review process. Some of the key criteria for evaluation include innovativeness of research ideas, rigor and quality of research, clarity, and relevance to the practice and/or education of financial management and accounting in hospitality and tourism.</p> <p><strong>Manuscript Submission Guidelines:</strong></p> <ol><li>JHFM solicits theoretical and empirical studies in the area of finance, financial economics and accounting related to hospitality and tourism.</li> <li>Submitted articles cannot have been previously published, nor be forthcoming in an archival journal or book (print or electronic). Please note: "publication" in a working-paper series does not constitute prior publication. In addition, by submitting to Journal of Hospitality Financial Management, the author is stipulating that the material is not currenlty under review at another journal (electronic or print) and that he or she will not submit the material to another journal (electronic or print) until the completion of the editorial decision process at Journal of Hospitality Financial Management.</li> <li>Manuscript submissions should be emailed directly to Murat Kizildag (<a href="mailto:murat.kizildag@ucf.edu">murat.kizildag@ucf.edu</a>) or to Mats Carlbäck (<a href="mailto:mats.carlback@oru.se">mats.carlback@oru.se</a>). Manuscripts should be original contributions and should not be under consideration for any other publication at the same time.</li> <li>Manuscripts should normally not exceed 7,000 words. Articles submitted as Viewpoints, Commentaries, Book Reviews and Research Notes should not exceed 3,000 words.</li> <li>Manuscripts must be written in English, typed, double-spaced and must conform to the Publication Manual of the American Psychological Association (APA).</li> <li>Pages and Body:<ul> <li>First Page. The first page should feature the name of author(s) and title; author(s) note, including present position, complete address, telephone/fax numbers, e-mail address, and any acknowledgement of financial or technical assistance.</li> <li>Second Page. The second page should include the title of paper (without author’s name to maintain anonymity in the review process), a list of no more than five keywords that define the subject matter, and a brief abstract of no more than 150 words summarizing the article.</li> <li>Body. The body of the text should be left-justified, with major headings centered and subheadings flush with the left margin. All headings should use both uppercase and lowercase letters.</li></ul> <li><strong>Tables and Figures.</strong>. All tables and figures should be referred to in-text in chronological order (i.e., Table 1, Table 2.) Each table should be typed on a separate page and be placed after the references section. Number each table consecutively with single Arabic numerals; briefly and descriptively title each and refer to it in the text. Table footnotes should be keyed by superscript lower-case letters. Tables must be self-contained so readers are 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. Figures must be self-contained. Each figure must have a title followed by a descriptive legend. Figures must be clean, crisp, black-and-white, camera-ready copies. Please avoid the use of gray-scale shading; use hatch marks, dots, or lines instead.</li> <li><strong>Equations.</strong> 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.</li> <li><strong>References.</strong>References should appear in the APA style, typed and double spaced. List references alphabetically, principal author’s surname first, followed by publication date in parentheses. The complete list of references should be as follows:<ul> <li><strong>Monographs</strong> Fama, E.F., & Miller, M.H. (1972). The Theory of Finance. Hinsdale, IL: Dryden Press.</li> <li><strong>Contributions to collective works</strong>Grossman, S.J., & Hart, O.D. (1982). Corporate financial structure and managerial incentives, In John J. McCall (Ed.): The Economics of Information and Uncertainty. University of Chicago Press.</li> <li><strong>Periodicals</strong> Arditti, F. (1967). Risk and the required return on equity. <em>The Journal of Finance</em>, 22(1), 19-36.<br/> Jensen, M. C., & Meckling, W.H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure, <em>Journal of Financial Economics</em>, 3, 305–360.</li></ul> <li>Some of the key criteria for evaluation include innovativeness of research ideas, rigor and research quality, technical competence, quality of the methodology, clarity, and relevance to the practice and/or education of financial management and accounting in hospitality and tourism.</li> <li>Authors are strongly advised to study two or three back issues of the Journal of Hospitality Financial Management before submitting their work.</li></ol> <p><strong>Color Reproduction</strong>: Color art will be reproduced in the online production at no additional cost to the author. Color illustrations will also be considered for the print publication; however, the author will bear the full cost involved in color art reproduction. Please note that color reprints can only be ordered if the print reproduction costs are paid. Print Rates: $900 for the first page of color; $450 for the next 3 pages of color. A custom quote will be provided for authors with more than 4 pages of color. Art not supplied at a minimum of 300 dpi will not be considered for print.</p> <p><strong>Reprints</strong>: All authors from whom we receive a valid email address will be given an opportunity to purchase reprints of individual articles, or copies of the complete print issue.</p> <p>All questions regarding submission guidelines, editorial issues , and business matters including subscriptions and reprints should be directed to Murat Kizildag (<a href="mailto:murat.kizildag@ucf.edu">murat.kizildag@ucf.edu</a>) or to Mats Carlbäck (<a href="mailto:mats.carlback@oru.se">mats.carlback@oru.se</a>).</p> </p> </div>
<p><I>The Journal of Hospitality Financial Management</I> (ISSN 1091-3211 for print version, E-ISSN 2152-2790 for online version) is devoted to publishing leading theoretical and empirical studies in the area of finance, financial economics and accounting related to hospitality and tourism; offering a forum for exchange of scholarly ideas and opinions relating to financial aspects of these sectors; and providing industry professionals with an opportunity to interact with the academic community by sharing ideas and commenting on research presented in the journal. Published twice a year, this journal is the official refereed publication of <I>the International Association of Hospitality Financial Management Educators</I> (iAHFME), a premier academic organization devoted to the study and promotion of knowledge about finance, financial economics and accounting in hospitality and tourism.</p>
<h2>Final Manuscript Preparation Guidelines for <em><macro publication.title></em></h2> <div id="styleguide"> <p>By submitting your paper to the Journal of Hospitality Financial Management you are agreeing to the originality of your manuscript and any necessary originality checks your paper may have to undergo during the peer review and production processes.</p> <p>The Journal of Hospitality Financial Management (ISSN 1091-3211 for print version, E-ISSN 2152-2790 for online version) is the official refereed publication of the International Association of Hospitality Financial Management Education (iAHFME), a premier academic organization devoted to the study and promotion of knowledge about finance, financial economics and accounting in hospitality and tourism. Published twice a year, the journal is committed to featuring leading research in the area of finance, financial economics and accounting related to hospitality and tourism; offering a forum for exchange of scholarly ideas and opinions relating to financial aspects of the hospitality industry; and providing industry professionals with an opportunity to interact with the academic community by sharing ideas and commenting on research presented in the journal. Copies of the journal are sent to all iAHFME members. The journal also features invited papers on special interest hospitality finance/accounting topics, viewpoints, research notes, book reviews and abstracts of papers presented at the Annual Symposium of the International Association of Hospitality Financial Management Education (iAHFME). Research article submissions in this journal typically undergo a double blind review process. Some of the key criteria for evaluation include innovativeness of research ideas, rigor and quality of research, clarity, and relevance to the practice and/or education of financial management and accounting in hospitality and tourism.</p> <p><strong>Manuscript Submission Guidelines:</strong></p> <ol><li>JHFM solicits theoretical and empirical studies in the area of finance, financial economics and accounting related to hospitality and tourism.</li> <li>Submitted articles cannot have been previously published, nor be forthcoming in an archival journal or book (print or electronic). Please note: "publication" in a working-paper series does not constitute prior publication. In addition, by submitting to Journal of Hospitality Financial Management, the author is stipulating that the material is not currenlty under review at another journal (electronic or print) and that he or she will not submit the material to another journal (electronic or print) until the completion of the editorial decision process at Journal of Hospitality Financial Management.</li> <li>Manuscript submissions should be emailed directly to Murat Kizildag (<a href="mailto:murat.kizildag@ucf.edu">murat.kizildag@ucf.edu</a>) or to Mats Carlbäck (<a href="mailto:mats.carlback@oru.se">mats.carlback@oru.se</a>). Manuscripts should be original contributions and should not be under consideration for any other publication at the same time.</li> <li>Manuscripts should normally not exceed 7,000 words. Articles submitted as Viewpoints, Commentaries, Book Reviews and Research Notes should not exceed 3,000 words.</li> <li>Manuscripts must be written in English, typed, double-spaced and must conform to the Publication Manual of the American Psychological Association (APA).</li> <li>Pages and Body:<ul> <li>First Page. The first page should feature the name of author(s) and title; author(s) note, including present position, complete address, telephone/fax numbers, e-mail address, and any acknowledgement of financial or technical assistance.</li> <li>Second Page. The second page should include the title of paper (without author’s name to maintain anonymity in the review process), a list of no more than five keywords that define the subject matter, and a brief abstract of no more than 150 words summarizing the article.</li> <li>Body. The body of the text should be left-justified, with major headings centered and subheadings flush with the left margin. All headings should use both uppercase and lowercase letters.</li></ul> <li><strong>Tables and Figures.</strong>. All tables and figures should be referred to in-text in chronological order (i.e., Table 1, Table 2.) Each table should be typed on a separate page and be placed after the references section. Number each table consecutively with single Arabic numerals; briefly and descriptively title each and refer to it in the text. Table footnotes should be keyed by superscript lower-case letters. Tables must be self-contained so readers are 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. Figures must be self-contained. Each figure must have a title followed by a descriptive legend. Figures must be clean, crisp, black-and-white, camera-ready copies. Please avoid the use of gray-scale shading; use hatch marks, dots, or lines instead.</li> <li><strong>Equations.</strong> 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.</li> <li><strong>References.</strong>References should appear in the APA style, typed and double spaced. List references alphabetically, principal author’s surname first, followed by publication date in parentheses. The complete list of references should be as follows:<ul> <li><strong>Monographs</strong> Fama, E.F., & Miller, M.H. (1972). The Theory of Finance. Hinsdale, IL: Dryden Press.</li> <li><strong>Contributions to collective works</strong>Grossman, S.J., & Hart, O.D. (1982). Corporate financial structure and managerial incentives, In John J. McCall (Ed.): The Economics of Information and Uncertainty. University of Chicago Press.</li> <li><strong>Periodicals</strong> Arditti, F. (1967). Risk and the required return on equity. <em>The Journal of Finance</em>, 22(1), 19-36.<br/> Jensen, M. C., & Meckling, W.H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure, <em>Journal of Financial Economics</em>, 3, 305–360.</li></ul> <li>Some of the key criteria for evaluation include innovativeness of research ideas, rigor and research quality, technical competence, quality of the methodology, clarity, and relevance to the practice and/or education of financial management and accounting in hospitality and tourism.</li> <li>Authors are strongly advised to study two or three back issues of the Journal of Hospitality Financial Management before submitting their work.</li></ol> <p><strong>Color Reproduction</strong>: Color art will be reproduced in the online production at no additional cost to the author. Color illustrations will also be considered for the print publication; however, the author will bear the full cost involved in color art reproduction. Please note that color reprints can only be ordered if the print reproduction costs are paid. Print Rates: $900 for the first page of color; $450 for the next 3 pages of color. A custom quote will be provided for authors with more than 4 pages of color. Art not supplied at a minimum of 300 dpi will not be considered for print.</p> <p><strong>Reprints</strong>: All authors from whom we receive a valid email address will be given an opportunity to purchase reprints of individual articles, or copies of the complete print issue.</p> <p>All questions regarding submission guidelines, editorial issues , and business matters including subscriptions and reprints should be directed to Murat Kizildag (<a href="mailto:murat.kizildag@ucf.edu">murat.kizildag@ucf.edu</a>) or to Mats Carlbäck (<a href="mailto:mats.carlback@oru.se">mats.carlback@oru.se</a>).</p> </p> </div>