Journal ratings are a key factor when individuals or institutions assess research and select journals. Despite their significant development in recent years, ratings are still not sufficiently precise or updated enough, depending on the subject and method used. In this paper, we present a new methodology, called paper affiliation index, with which to create subject journal ratings using expert judgment and research impact, both of which are based on secondary, objective measures, thus making it possible to produce lists every year without human manipulation at virtually no cost. We compare the results of our methodology with the selection of top journals by the ShanghaiRanking's Global Ranking of Academic Subjects in the Social Sciences, the Excellence in Research for Australia, Australian Business Dean Council, the Academic Journal Guide release by Chartered Association of Business Schools lists, and the Journal Impact Factor calculated by Clarivate Analytics.