Understanding researchers' perceptions and experiences in finance research replication studies: A pre-registered study

This pre-registered study executes the empirical design approved in the associated pre-registered report (Chai et al., 2024) to survey authors of replication studies at the Pacific-Basin Finance Journal (PBFJ). The survey aims to understand their motivations, challenges encountered, and perceived benefits, as well as their evaluations of the replication framework. The findings reveal strong support for replication studies, with participants emphasizing their role in fostering a more robust research culture in financial economics. However, challenges in reproduction and replication frequently arise due to issues with the accessibility and quality of open-source materials provided in the original studies. Our results also suggest that PBFJ's initiative offers a replicable model for other journals, providing actionable insights to address the replication crisis. Key recommendations include providing academic recognition for replication work, standardizing data transparency mandates, and promoting cross-disciplinary dialogue on robust research practices.