Research in International Business and Finance

Article	Citations
Internal control opinion shopping: Does initial audit fee discounting matter?	306
Analyst optimism and market sentiment: Evidence from European corporate sustainability reporters	240
Controlling shareholder’s escape threat: Foreign residency rights and stock price crash risk	199
Emerging market multinationals’ pursuit of strategic assets through cross-border acquisitions	142
Impact of the Covid-19 induced panic on the Environmental, Social and Governance leaders equity volatility: A time-frequency analysis	140
Has FinTech changed the sensitivity of corporate investment to interest rates?—Evidence from China	112
Impact of corporate philanthropy on firm performance: The moderating role of board structure	112
Factorial asset pricing models using statistical anomalies	112
Asset encumbrance in banks: Is systemic risk affected?	103
ESG leaders and crypto currency market: Asymmetric TVP-VAR connectedness and investment approaches	98
Are real interest rates a monetary phenomenon? Evidence from 700 years of data	98
Credit risk prediction based on loan profit: Evidence from Chinese SMEs	97
Extreme return connectedness among renewable energy and rare earth markets: The role of global factors	95
Perceived vs actual financial crisis and bank credit standards: Is there any indication of self-fulfilling prophecy?	93
Are institutional investors effective monitors in a country where closely held firms predominate? Insights from agency problem-driven dividend payouts	93
Does market microstructure affect time-varying efficiency? Evidence from emerging markets	90
Unpacking energy consumption in China's urbanization: Industry development, population growth, and spatial expansion	90
The effects of portfolio rebalancing strategies on the performance of global mutual funds	86
Related party lending and rural bank risk: Evidence during the Covid-19 period	84
Quantile connectedness between Chinese stock and commodity futures markets	82
COVID-19, a blessing in disguise for the Tech sector: Evidence from stock price crash risk	80
Corporate governance, fraud learning cycles, and financial fraud detection: Evidence from Chinese listed firms	79
Performance of ESG-integrated smart beta strategies in Asia-Pacific stock markets	78
Can non-punitive regulation curb corporate greenwashing?Evidence from a word embedding model	78
Existence of long memory in crude oil and petroleum products: Generalised Hurst exponent approach	75

Vulnerability of financial markets in India: The contagious effect of COVID-19	75
Understanding the impact of the financial technology revolution on systemic risk: Evidence from US and EU diversified financials	74
Monetary policy and currency variance risk premia	74
Family firms and the cost of borrowing: empirical evidence from East Asia	74
EU-27 bank failure prediction with C5.0 decision trees and deep learning neural networks	73
Connectedness and systemic risk between FinTech and traditional financial stocks: Implications for portfolio diversification	71
Traders’ motivation and hedging pressure in commodity futures markets	69
Asymmetric dynamics between geopolitical conflict sentiment and cryptomarkets	69
ESG news and firm value: Evidence from China’s automation of pollution monitoring	69
Global economic uncertainty and the Chinese stock market: Assessing the impacts of global indicators	66
The logics of sovereign credit ratings in developed and developing countries	65
Navigating sustainable finance: Examining the impact of sustainable credit policy on energy consumption intensity	64
Accounting for digital currencies	64
Digital finance, institutional quality, and air pollution: Evidence from China	63
ESG reputational risk and market valuation: Evidence from the European banking industry	62
Editorial Board	60
Artificial intelligence, digital transformation and cybersecurity in the banking sector: A multi-stakeholder cognition-driven framework	60
Market response to environmental social and governance performance: A global analysis	58
Sports failures and stock returns between rationality and emotionality: Evidence from the UEFA Champions League	58
Can CFOs improve enterprise loan bargaining power? An empirical analysis based on CFO characteristics	56
Does common ownership affect stock price synchronicity?	56
The effects of regulatory mechanism on enterprise carbon reduction policies	55
Analysing and forecasting co-movement between innovative and traditional financial assets based on complex network and machine learning	53
Institutional investors, heterogeneity, and capital structure decisions: Evidence from an emerging market	53
How does climate risk affect corporate financialization?	53
Why do entrepreneurial firms switch lead venture capital? A double-sided matching perspective	52
Do investors listen? Exploring the effect of investor relationship management on firm-specific stock return variation	52
Revisiting asset co-movement: Does network topology really matter?	52
Guarantee requirements by European central counterparties and international volatility spillovers	52
The effect of the 2008–09 short selling sales ban on UK security equities in relation to market metrics of volatility, liquidity, and price discovery	50
Bank equity returns and oil prices: The story from U.S. regional banks during the “shale oil” revolution	50
Identifying the asymmetric price dynamics of Islamic equities: Implications for international investors	50
Political uncertainty, innovation-driven strategy, and corporate R&D	49
The takeover Tango: Unraveling the impact of state-owned enterprise acquisitions on American competitors	49
Global Stock Markets during Covid-19: Did Rationality Prevail?	49
Volatility transmission in the property market during two inflationary periods: The 2008–2009 global financial crisis and the COVID-19 crisis	48
A sparsity algorithm for finding optimal counterfactual explanations: Application to corporate credit rating	48
Dynamic risk and hedging strategies in post-COVID digital asset sectors	48
Are stock markets efficient with respect to the Google search volume index? A robustness check of the literature studies	48
Financial inclusion, digital technology, and economic growth: Further evidence	47
Does Confucian culture affect shadow banking activities? Evidence from Chinese listed companies	47
Precious metals and currency markets during the Russia-Ukraine conflict’s inflationary periods	47
Top executives’ great famine experience and stock price crash risk	47
How do Chinese urban investment bonds affect its economic resilience? Evidence from double machine learning	46
Effect of twitter investor engagement on cryptocurrencies during the COVID-19 pandemic	46
Market competition and strategic interaction in the Spanish FinTech industry	46
Are base layer blockchains establishing a new sector? Evidence from a connectedness approach	46
Central Bank Digital Currencies: Agendas for future research	46
The digital economy and entrepreneurial dynamics: An empirical analysis of urban regions in China	46
Corporate social responsibility and dynamic liquidity management	45

Imported financial risk in global stock markets: Evidence from the interconnected network	44
Intrafirm inventor network integration and cross-sectional stock returns	44
Genetic distance and cross-border M&A completion: Evidence from Chinese firms	44
Interconnectedness in the FOREX market during the high inflation regime: A network analysis	44
Demographic structure and SME credit availability: Rethinking SME finance amid unprecedented demographic transformations	44
The impact of environmental protection fee-to-tax reform on differentiated environmental management behavior of firms	43
Entrepreneurship in the digital era	43
Firms’ perceived trade policy uncertainty and management’s disclosure strategies: Evidence from financial statement comparability	42
The impact of green public finance and green taxes on environmental and non-environmental innovation	42
China’s secondary privatization and corporate investment efficiency	42
Synthetic data generation with deep generative models to enhance predictive tasks in trading strategies	41
Linkage dynamics of sovereign credit risk and financial markets: A bibliometric analysis	41
Peer effects in corporate advertisement expenditure: Evidence from China	41
Network structure, dynamic evolution and block characteristics of sovereign debt risk: The global evidence	40
What determines interest rates for bitcoin lending?	40
Combination of antecedent conditions affecting the development of Chinese new energy market based on fuzzy sets	40
Female political leaders and R&D investment	40
Mutual fund herding and audit pricing	40
Editorial Board	40
Five decades of research on capital budgeting – A systematic review and future research agenda	39
Earnings management and internal governance mechanisms: The role of religiosity	39
Is gold still a safe haven for stock markets? New insights through the tail thickness of portfolio return distributions	39
Decentralized autonomous organizations: The new global digital venture capital	39
Share pledging of controlling shareholders and corporate social responsibility disclosure	38
Registration reform and stock mispricing: Causal inference based on double machine learning	37
Can big data inhibit earnings management in corporations? — An analysis based on national big data comprehensive pilot zones	37
Day-night anomaly returns in China: The role of institutions	37
CEO narcissism and ESG misconduct	36
Impact of COVID-19 on stock market efficiency: Evidence from developed countries	36
The impact of economic uncertainty on corporate ESG performance: Global evidence	36
Futures markets and the baltic dry index: A prediction study based on deep learning	36
Military experience and sustainable development goal disclosure	36
Banking sector reactions to COVID-19: The role of bank-specific factors and government policy responses	35
Towards the estimation of ESG ratings: A machine learning approach using balance sheet ratios	35
Payout policy and ESG: A European investigation	35
Sequential management of energy and low-carbon portfolios	35
An evolutionary analysis of the diffusion of low-carbon technology innovation in supply networks	35
The voice of minority shareholders: Online voting and corporate social responsibility	35
Institutional investor information network, analyst forecasting and stock price crash risk	34
Digital transformation and trade credit provision: Evidence from China	34
Does data asset disclosure contribute to the market efficiency? Evidence from China	34
How can firms' transition to a low-carbon economy affect the distance to default?	34
Does Supply Chain Finance (SCF) alleviate funding constraints of SMEs? Evidence from China	34
Portfolio insurance strategy in the cryptocurrency market	33
Firm-level political risk and CEO compensation	33
Price limits, investor asset allocation, and price volatility: Evidence from China’s registration-based IPO reform	33
Is soft information substitutive or complementary to hard news for investor attention? Evidence from corporate advertising in Japan	33
Effects of family ownership and family management on the performance of entrepreneurial firms	33
Do conventional and new energy stock markets herd differently? Evidence from China	33
Product line transformation, foreign sales, and firm value: Evidence from COVID-19 pandemic governance in urban China	33
Is oil risk important for commodity-related currency returns?	32
Exploring the nexus between sustainable energy tokens, electric vehicles, and the hydrogen economy	32
Overconfident male CEOs and corporate outcomes: The moderating role of female CFOs	32
Corporate ESG performance and credit misallocation: Evidence from China	32
How does macroeconomic uncertainty influence energy futures?: Evidence from extraordinary events	32
A Support Vector Machine model for classification of efficiency: An application to M&A	32
Internationalization and donations allocated to domestic market: Evidence from emerging market SMEs	32
The impact of personality traits on attitude to financial risk	32
The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development	32
How do women directors ensure corporate ethics? The role of board tenure	31
Uncovering patterns of fintech behavior in Italian banks: A multidimensional statistical analysis	31
Influence of share pledging on corporate social responsibility: Evidence from India	31
Decomposition of social networks and household purchase of insurance as knowledge products	31
Weathering the COVID-19 storm: The case of community banks	31
Reporting quality and financial leverage: Are qualitative characteristics or earnings quality more important? Evidence from an emerging bank-based economy	31
A tale of two revolutions: Environmental, social, and governance performance and dividend policy in Egyptian-listed companies during unstable times	31
Does firm environmental performance mitigate the market reaction to COVID-19 uncertainty?	31
Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China	31
Environmental stocks, CEO health risk and COVID-19	31
How do FinTech companies contribute to the achievement of SDGs? Insights from case studies	30
Corporate bond defaults and spillover effects on bank risk: Evidence from city commercial banks in China	30
Multilayer network analysis of investor sentiment and stock returns	30
How does intellectual property protection in the host country affect outward foreign direct investment?	30
Infectious disease equity market volatility, geopolitical risk, speculation, and commodity returns: Comparative analysis of five epidemic outbreaks	30
Does utilizing smart contracts induce a financial connectedness between Ethereum and non-fungible tokens?	30
Does digital finance aggravate bank competition? Evidence from China	29
Does ESG information disclosure increase firm value? The mediation role of financing constraints in China	29
Unleashing stock volatility and its implications for stock crash risk: Evidence from China’s price limit policies	29
Volatility spillover between economic sectors in financial crisis prediction: Evidence spanning the great financial crisis and Covid-19 pandemic	29
Changes in supply chain relationships and the enterprise internationalization process	29

The historic oil price fluctuation during the Covid-19 pandemic: What are the causes?	29
The intraday dynamics and intraday price discovery of bitcoin	29
Asymmetry in returns and volatility between green financial assets, sustainable investments, clean energy, and international stock markets	28
Local government debt and firm productivity: Evidence from China	28
The geographic distance of independent directors and stock price crash risk: Evidence from China	28
Climate risk and banking stability in China: A dynamic analysis from the short- and long-term perspectives	28
Mutual fund flows and returns dynamics: Investor preferences and performance persistence	28
The performance of green bond portfolios under climate uncertainty: A comparative analysis with conventional and black bond portfolios	28
The influence of institutional void and socio-cultural factors on the internationalization of emerging multinationals	28
Zero-leverage and firm performance – Evidence from Taiwan	27
Banks’ interconnections and peer effects: Evidence from Chile	27
Dancing with dragon: The RMB and developing economies’ currencies	27
Debt Issues around Mergers & Acquisitions	27
How do industry tournament incentives affect firm debt maturity?	27
Forecasting aggregate stock market volatility with industry volatilities: The role of spillover index	27
ESG reactions to fintech: The role of cross-border capital flows	27
Potential diversification benefits: A comparative study of Islamic and conventional stock market indexes	27
Web search volume acceleration and cross-sectional returns	27
Financial inclusion and income inequality in developing countries: The role of aging populations	27
The impact of debt: International versus local debt in microfinance organizations	27
ESG disclosure and investment-financing maturity mismatch: Evidence from China	27
Artificial intelligence and green innovation: Investigating the effects of executive pay and firm age	26
Digital payments and GDP growth: A behavioural quantitative analysis	26
Strategic fit of potential M&As between dual banks and conventional banks: Does Islamic banking matter?	26
Does passive ownership affect corporate governance? Evidence from the Bank of Japan’s ETF purchasing program	26
Three channels of monetary policy international transmission: Identifying spillover effects from the US to China	26
Uncertainty or investor attention: Which has more impact on Bitcoin volatility?	26
Large scale mean-variance strategies in the U.S. stock market	26
The importance of owner loans for rebalancing the capital structure of small knowledge-intensive service firms	25
Redefining insurance through technology: Achievements and perspectives in Insurtech	25
Global trends and insights into cryptocurrency-related financial crime	25
Harnessing digital finance for sustainability: An integrative review and research agenda	25
Interpretable selective learning in credit risk	25
“Volatility in a Mug Cup”: Spillovers among cocoa, coffee, sugar futures and the role of climate policy risk	25
Chinese jigsaw: Solving the equity market response to the COVID-19 crisis: Do alternative asset provide effective hedging performance?	25
The heterogeneity of innovation, government R&D support and enterprise innovation performance	25
When stock price crash risk meets fundamentals	25
Information spillover features in global financial markets: A systematic analysis	25
Impact of environmental, social and governance initiatives on firm value: Analysis using AI-based ESG scores for Japanese listed firms	25
Resolving agency and product market views of cash holdings	25
Social trust and the demand for audit quality	25
An asymmetrical approach to understanding consumer characteristics in banking trust during the COVID-19 pandemic in Italy	24
Forecasting gold volatility with geopolitical risk indices	24
The impact of environmental, social, and governance (ESG) practices on investment efficiency in China: Does digital transformation matter?	24
Dynamic interlinkages between carbon risk and volatility of green and renewable energy: A TVP-VAR analysis	24
Price effects after one-day abnormal returns and crises in the stock markets	23
Editorial Board	23
The effect of downstream expansion on upstream employment: Quasi-natural experimental evidence from China’s Accelerated Depreciation Policy	23
Institutional context as a moderator of the relationship between board structure and acquirer returns	23
Free riding or participation in governance: Minority shareholders’ online voting and corporate responsiveness	23
An empirical study on the regulated Chinese agricultural commodity futures market based on skew Ornstein-Uhlenbeck model	23
Policy uncertainty and overseas property purchases: Evidence from China	22
Shadow banking, macroprudential policy and banks’ systemic risk	22
Hedging climate risk: The role of green energy exchange-traded funds	22
The dichotomy of corporate litigation risk in shaping ESG disclosure: Does green innovation matter?	22
Determinants of credit spreads and cash flow-related lending in commercial real estate	22
The impact of digital transformation on the servitization transformation of manufacturing firms	22
How does international capital flows drive green technological innovation in emerging and developed markets?	22
Signaling vs. agency theory: What drives dividends of promoter-owned firms during a crisis?	22
Corporate misconduct and innovation: Evidence from the pharmaceutical industry	22
Network centrality, style drift, and mutual fund performance	22
Retail investors matter: The value of corporate interactions	22
Can a self-exciting jump structure better capture the jump behavior of cryptocurrencies? A comparative analysis with the S&P 500	22
Anatomy of money-losing IPOs	21
Too big to fail: The aftermath of Silicon Valley Bank (SVB) collapse and its impact on financial markets	21
Anticipatory gains and event-driven losses in blockchain-based fan tokens: Evidence from the FIFA World Cup	21
Does the porter hypothesis work well in the emission trading schema pilot? Exploring moderating effects of institutional settings	21
Estimating time-varying factors’ variance in the string-term structure model with stochastic volatility	21
Can investors’ informed trading predict cryptocurrency returns? Evidence from machine learning	21
Research on the accelerating effect of green finance on the transformation of energy consumption in China	21
Sustainable finance and blockchain: A systematic review and research agenda	21
Product market competition and stock price crash risk: Exploring the role of managerial ownership	21
Measuring the evolution of competition and the impact of the financial reform in the Mexican banking sector, 2008–2019	21
Capture the contagion network of bitcoin – Evidence from pre and mid COVID-19	21
How well do investor sentiment and ensemble learning predict Bitcoin prices?	20
How do climate risks affect corporate ESG performance? Micro evidence from China	20
Does economic policy uncertainty affect cryptocurrency markets? Evidence from Twitter-based uncertainty measures	20
The development fit index of digital currency electronic payment between China and the one belt one road countries	20
Economic policy uncertainty, institutional environments, and corporate cash holdings	20
The determinants of issuing central bank digital currencies	20
Policy uncertainty, the use of derivatives: Evidence from U.S. bank holdingcompanies (BHCs)	20
Culture, financial literacy, and leverage of small firms	20
Towards more inclusive finance: Exploring the mystery of low carbon green technological innovation	20
The audit committee’s IT expertise and its impact on the disclosure of cybersecurity risk	20
The impact of economic policy uncertainty and digital integration on ESG practices in European companies	19
The role of institutional quality in the nexus between green financing and sustainable development	19
Anatomy of sovereign yield behaviour using textual news	19
Common institutional ownership and executive pay-performance sensitivity: Mediating role of information transparency and fund occupation	19
Quantile dependence and portfolio management between oil, gold, silver, and MENA stock markets	19
The maturity effect of stock index futures: Speculation or carry arbitrage?	19
Readability and banks’ risk-taking behavior: Evidence from GCC	19
Economics of blockchain-based securities settlement	19
Impact of central bank digital currency uncertainty on international financial markets	19
Distribution of export size, Pareto exponent and financial crisis	19
Editorial Board	19