Research in International Business and Finance

Article	Citations
ESG news and firm value: Evidence from China’s automation of pollution monitoring	373
The impact of insider-appointment on the fulfillment of M&A performance commitments: Based on the power-responsibility paradox	294
Digital finance, institutional quality, and air pollution: Evidence from China	159
Controlling shareholder’s escape threat: Foreign residency rights and stock price crash risk	142
Editorial Board	132
EU-27 bank failure prediction with C5.0 decision trees and deep learning neural networks	128
Global economic uncertainty and the Chinese stock market: Assessing the impacts of global indicators	125
Unpacking energy consumption in China's urbanization: Industry development, population growth, and spatial expansion	119
Accounting for digital currencies	115
ESG leaders and crypto currency market: Asymmetric TVP-VAR connectedness and investment approaches	112
Does market microstructure affect time-varying efficiency? Evidence from emerging markets	104
Factorial asset pricing models using statistical anomalies	104
Extreme return connectedness among renewable energy and rare earth markets: The role of global factors	103
The effects of portfolio rebalancing strategies on the performance of global mutual funds	103
Are institutional investors effective monitors in a country where closely held firms predominate? Insights from agency problem-driven dividend payouts	100
Analyst optimism and market sentiment: Evidence from European corporate sustainability reporters	100
Emerging market multinationals’ pursuit of strategic assets through cross-border acquisitions	99
Perceived vs actual financial crisis and bank credit standards: Is there any indication of self-fulfilling prophecy?	96
Understanding the impact of the financial technology revolution on systemic risk: Evidence from US and EU diversified financials	95
Monetary policy and currency variance risk premia	91
Related party lending and rural bank risk: Evidence during the Covid-19 period	91
Internal control opinion shopping: Does initial audit fee discounting matter?	90
Are real interest rates a monetary phenomenon? Evidence from 700 years of data	89
Asset encumbrance in banks: Is systemic risk affected?	87
Credit risk prediction based on loan profit: Evidence from Chinese SMEs	83

Asymmetric dynamics between geopolitical conflict sentiment and cryptomarkets	82
The logics of sovereign credit ratings in developed and developing countries	81
Connectedness and systemic risk between FinTech and traditional financial stocks: Implications for portfolio diversification	80
Quantile connectedness between Chinese stock and commodity futures markets	80
ESG reputational risk and market valuation: Evidence from the European banking industry	78
Artificial intelligence, digital transformation and cybersecurity in the banking sector: A multi-stakeholder cognition-driven framework	78
Family firms and the cost of borrowing: empirical evidence from East Asia	78
Impact of corporate philanthropy on firm performance: The moderating role of board structure	75
Corporate governance, fraud learning cycles, and financial fraud detection: Evidence from Chinese listed firms	75
Performance of ESG-integrated smart beta strategies in Asia-Pacific stock markets	73
Traders’ motivation and hedging pressure in commodity futures markets	71
COVID-19, a blessing in disguise for the Tech sector: Evidence from stock price crash risk	71
Can non-punitive regulation curb corporate greenwashing?Evidence from a word embedding model	70
Vulnerability of financial markets in India: The contagious effect of COVID-19	67
Impact of the Covid-19 induced panic on the Environmental, Social and Governance leaders equity volatility: A time-frequency analysis	67
Has FinTech changed the sensitivity of corporate investment to interest rates?—Evidence from China	66
Editorial Board	65
Navigating sustainable finance: Examining the impact of sustainable credit policy on energy consumption intensity	65
Are stock markets efficient with respect to the Google search volume index? A robustness check of the literature studies	64
Why do entrepreneurial firms switch lead venture capital? A double-sided matching perspective	63
Can CFOs improve enterprise loan bargaining power? An empirical analysis based on CFO characteristics	61
How do Chinese urban investment bonds affect its economic resilience? Evidence from double machine learning	61
Bank equity returns and oil prices: The story from U.S. regional banks during the “shale oil” revolution	61
The effects of regulatory mechanism on enterprise carbon reduction policies	60
Market competition and strategic interaction in the Spanish FinTech industry	60
Does common ownership affect stock price synchronicity?	59
Global Stock Markets during Covid-19: Did Rationality Prevail?	59
How does climate risk affect corporate financialization?	59
Do investors listen? Exploring the effect of investor relationship management on firm-specific stock return variation	57
Identifying the asymmetric price dynamics of Islamic equities: Implications for international investors	57
Trade credit financing, social trust, and financial distress: Evidence from Chinese listed companies	57
The takeover Tango: Unraveling the impact of state-owned enterprise acquisitions on American competitors	56
Top executives’ great famine experience and stock price crash risk	56
Revisiting asset co-movement: Does network topology really matter?	55
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	54
Guarantee requirements by European central counterparties and international volatility spillovers	54
A sparsity algorithm for finding optimal counterfactual explanations: Application to corporate credit rating	54
Predicting financial cycles with dynamic ensemble selection frameworks using leading, coincident and lagging indicators	53
Sports failures and stock returns between rationality and emotionality: Evidence from the UEFA Champions League	52
Influence of social sustainable development goals sentiment on listed companies	52
The digital economy and entrepreneurial dynamics: An empirical analysis of urban regions in China	52
Institutional investors, heterogeneity, and capital structure decisions: Evidence from an emerging market	52
Nurturing finance and harvesting intelligence: The green growth of urban industrial intelligence fueled by green finance	52
Market response to environmental social and governance performance: A global analysis	51
FinTech and unemployment: New evidence on the role of labor market regulation	51
Analysing and forecasting co-movement between innovative and traditional financial assets based on complex network and machine learning	51
Financial inclusion, digital technology, and economic growth: Further evidence	51
Volatility transmission in the property market during two inflationary periods: The 2008–2009 global financial crisis and the COVID-19 crisis	51
Political uncertainty, innovation-driven strategy, and corporate R&D	50
Does Confucian culture affect shadow banking activities? Evidence from Chinese listed companies	50

Central Bank Digital Currencies: Agendas for future research	50
Demographic structure and SME credit availability: Rethinking SME finance amid unprecedented demographic transformations	49
Dynamic risk and hedging strategies in post-COVID digital asset sectors	49
Combination of antecedent conditions affecting the development of Chinese new energy market based on fuzzy sets	49
Precious metals and currency markets during the Russia-Ukraine conflict’s inflationary periods	49
Intrafirm inventor network integration and cross-sectional stock returns	48
The effect of ESG performance on value creation of strategic alliances	48
Entrepreneurship in the digital era	48
Military experience and sustainable development goal disclosure	48
Investment efficiency under financial constraints: The role of CEO power	48
Can big data inhibit earnings management in corporations? — An analysis based on national big data comprehensive pilot zones	48
Extraction of characteristic information from financial super-long texts and prediction of corporate violations	48
Network structure, dynamic evolution and block characteristics of sovereign debt risk: The global evidence	47
The impact of green public finance and green taxes on environmental and non-environmental innovation	47
The impact of environmental protection fee-to-tax reform on differentiated environmental management behavior of firms	47
Payout policy and ESG: A European investigation	47
Share pledging of controlling shareholders and corporate social responsibility disclosure	47
Does data asset disclosure contribute to the market efficiency? Evidence from China	46
Does Supply Chain Finance (SCF) alleviate funding constraints of SMEs? Evidence from China	46
Earnings management and internal governance mechanisms: The role of religiosity	46
Editorial Board	45
Decentralized autonomous organizations: The new global digital venture capital	45
Day-night anomaly returns in China: The role of institutions	45
Towards the estimation of ESG ratings: A machine learning approach using balance sheet ratios	45
What determines interest rates for bitcoin lending?	44
Sequential management of energy and low-carbon portfolios	44
Corporate social responsibility and dynamic liquidity management	43
Female political leaders and R&D investment	43
Peer effects in corporate advertisement expenditure: Evidence from China	43
Genetic distance and cross-border M&A completion: Evidence from Chinese firms	42
An evolutionary analysis of the diffusion of low-carbon technology innovation in supply networks	41
Imported financial risk in global stock markets: Evidence from the interconnected network	41
Synthetic data generation with deep generative models to enhance predictive tasks in trading strategies	41
Five decades of research on capital budgeting – A systematic review and future research agenda	41
Green finance and green innovation: the Moderating role of ESG and synergies with inclusive finance	41
Firms’ perceived trade policy uncertainty and management’s disclosure strategies: Evidence from financial statement comparability	41
The impact of economic uncertainty on corporate ESG performance: Global evidence	40
Mutual fund herding and audit pricing	40
Are base layer blockchains establishing a new sector? Evidence from a connectedness approach	39
Is gold still a safe haven for stock markets? New insights through the tail thickness of portfolio return distributions	39
China’s secondary privatization and corporate investment efficiency	39
Linkage dynamics of sovereign credit risk and financial markets: A bibliometric analysis	39
Futures markets and the baltic dry index: A prediction study based on deep learning	38
How can firms' transition to a low-carbon economy affect the distance to default?	38
Registration reform and stock mispricing: Causal inference based on double machine learning	38
Banking sector reactions to COVID-19: The role of bank-specific factors and government policy responses	38
Digital transformation and trade credit provision: Evidence from China	38
Effect of twitter investor engagement on cryptocurrencies during the COVID-19 pandemic	38
Impact of COVID-19 on stock market efficiency: Evidence from developed countries	38
Uncovering patterns of fintech behavior in Italian banks: A multidimensional statistical analysis	37
CEO narcissism and ESG misconduct	37
Institutional investor information network, analyst forecasting and stock price crash risk	37
Unleashing stock volatility and its implications for stock crash risk: Evidence from China’s price limit policies	37
Interconnectedness in the FOREX market during the high inflation regime: A network analysis	37
Overconfident male CEOs and corporate outcomes: The moderating role of female CFOs	36
The performance of green bond portfolios under climate uncertainty: A comparative analysis with conventional and black bond portfolios	36
How do women directors ensure corporate ethics? The role of board tenure	36
The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development	36
Exploring the nexus between sustainable energy tokens, electric vehicles, and the hydrogen economy	36
Internationalization and donations allocated to domestic market: Evidence from emerging market SMEs	36
Local government debt and firm productivity: Evidence from China	35
Does government ownership influence the dividend payments of European banks?	35
Does firm environmental performance mitigate the market reaction to COVID-19 uncertainty?	35
Climate risk and banking stability in China: A dynamic analysis from the short- and long-term perspectives	35
Reporting quality and financial leverage: Are qualitative characteristics or earnings quality more important? Evidence from an emerging bank-based economy	35
Firm-level political risk and CEO compensation	35
The fintech revolution: Exploring the potential of fintech finance in reducing corporate credit constraints	34
Weathering the COVID-19 storm: The case of community banks	34
The geographic distance of independent directors and stock price crash risk: Evidence from China	34
Corporate bond defaults and spillover effects on bank risk: Evidence from city commercial banks in China	34
Is soft information substitutive or complementary to hard news for investor attention? Evidence from corporate advertising in Japan	34
Product line transformation, foreign sales, and firm value: Evidence from COVID-19 pandemic governance in urban China	34
Changes in supply chain relationships and the enterprise internationalization process	34
Environmental stocks, CEO health risk and COVID-19	34
A tale of two revolutions: Environmental, social, and governance performance and dividend policy in Egyptian-listed companies during unstable times	34
How does intellectual property protection in the host country affect outward foreign direct investment?	33
Do conventional and new energy stock markets herd differently? Evidence from China	33
Infectious disease equity market volatility, geopolitical risk, speculation, and commodity returns: Comparative analysis of five epidemic outbreaks	33
A Support Vector Machine model for classification of efficiency: An application to M&A	33
Price limits, investor asset allocation, and price volatility: Evidence from China’s registration-based IPO reform	33

Portfolio insurance strategy in the cryptocurrency market	33
The intraday dynamics and intraday price discovery of bitcoin	32
The impact of personality traits on attitude to financial risk	32
Does ESG information disclosure increase firm value? The mediation role of financing constraints in China	32
How does macroeconomic uncertainty influence energy futures?: Evidence from extraordinary events	32
Multilayer network analysis of investor sentiment and stock returns	32
Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China	32
Influence of share pledging on corporate social responsibility: Evidence from India	32
Does digital finance aggravate bank competition? Evidence from China	32
Corporate ESG performance and credit misallocation: Evidence from China	32
Effects of family ownership and family management on the performance of entrepreneurial firms	32
Asymmetry in returns and volatility between green financial assets, sustainable investments, clean energy, and international stock markets	32
Decomposition of social networks and household purchase of insurance as knowledge products	32
The historic oil price fluctuation during the Covid-19 pandemic: What are the causes?	32
How do FinTech companies contribute to the achievement of SDGs? Insights from case studies	32
Financial inclusion and income inequality in developing countries: The role of aging populations	31
Is oil risk important for commodity-related currency returns?	31
Zero-leverage and firm performance – Evidence from Taiwan	31
Does utilizing smart contracts induce a financial connectedness between Ethereum and non-fungible tokens?	31
Mutual fund flows and returns dynamics: Investor preferences and performance persistence	31
Banks’ interconnections and peer effects: Evidence from Chile	30
Dancing with dragon: The RMB and developing economies’ currencies	30
The impact of European firms’ emissions reduction effectiveness on financial constraints: Evidence from the quintuple helix model perspective	30
The influence of institutional void and socio-cultural factors on the internationalization of emerging multinationals	30
Redefining insurance through technology: Achievements and perspectives in Insurtech	30
ESG reactions to fintech: The role of cross-border capital flows	29
The impact of debt: International versus local debt in microfinance organizations	29
Uncertainty or investor attention: Which has more impact on Bitcoin volatility?	29
The impact of environmental, social, and governance (ESG) practices on investment efficiency in China: Does digital transformation matter?	29
Does passive ownership affect corporate governance? Evidence from the Bank of Japan’s ETF purchasing program	29
Chinese jigsaw: Solving the equity market response to the COVID-19 crisis: Do alternative asset provide effective hedging performance?	28
Social trust and the demand for audit quality	28
ESG disclosure and investment-financing maturity mismatch: Evidence from China	28
Strategic fit of potential M&As between dual banks and conventional banks: Does Islamic banking matter?	28
Forecasting aggregate stock market volatility with industry volatilities: The role of spillover index	28
Impact of environmental, social and governance initiatives on firm value: Analysis using AI-based ESG scores for Japanese listed firms	28
Resolving agency and product market views of cash holdings	28
The heterogeneity of innovation, government R&D support and enterprise innovation performance	28
Three channels of monetary policy international transmission: Identifying spillover effects from the US to China	28
Forecasting gold volatility with geopolitical risk indices	28
Harnessing digital finance for sustainability: An integrative review and research agenda	28
Digital payments and GDP growth: A behavioural quantitative analysis	27
How do industry tournament incentives affect firm debt maturity?	27
Web search volume acceleration and cross-sectional returns	27
Interpretable selective learning in credit risk	27
Global trends and insights into cryptocurrency-related financial crime	27
The importance of owner loans for rebalancing the capital structure of small knowledge-intensive service firms	27
When stock price crash risk meets fundamentals	27
Artificial intelligence and green innovation: Investigating the effects of executive pay and firm age	27
Potential diversification benefits: A comparative study of Islamic and conventional stock market indexes	27
Large scale mean-variance strategies in the U.S. stock market	27
Debt Issues around Mergers & Acquisitions	27
Dynamic interlinkages between carbon risk and volatility of green and renewable energy: A TVP-VAR analysis	26
Price effects after one-day abnormal returns and crises in the stock markets	26
Product market competition and stock price crash risk: Exploring the role of managerial ownership	26
The development fit index of digital currency electronic payment between China and the one belt one road countries	26
Editorial Board	26
Corporate misconduct and innovation: Evidence from the pharmaceutical industry	26
Estimating time-varying factors’ variance in the string-term structure model with stochastic volatility	26
Anatomy of money-losing IPOs	26
Anticipatory gains and event-driven losses in blockchain-based fan tokens: Evidence from the FIFA World Cup	26
“Volatility in a Mug Cup”: Spillovers among cocoa, coffee, sugar futures and the role of climate policy risk	26
Determinants of credit spreads and cash flow-related lending in commercial real estate	26
Mergers and acquisitions in the financial industry: A bibliometric review and future research directions	26
Hedging climate risk: The role of green energy exchange-traded funds	26
The determinants of issuing central bank digital currencies	25
How well do investor sentiment and ensemble learning predict Bitcoin prices?	25
An asymmetrical approach to understanding consumer characteristics in banking trust during the COVID-19 pandemic in Italy	25
The effect of downstream expansion on upstream employment: Quasi-natural experimental evidence from China’s Accelerated Depreciation Policy	25
Capture the contagion network of bitcoin – Evidence from pre and mid COVID-19	25
Policy uncertainty and overseas property purchases: Evidence from China	25
Can investors’ informed trading predict cryptocurrency returns? Evidence from machine learning	25
The role of institutional quality in the nexus between green financing and sustainable development	24
The impact of FinTech innovation on digital financial literacy in Europe: Insights from the banking industry	24
Towards more inclusive finance: Exploring the mystery of low carbon green technological innovation	24
Research on the accelerating effect of green finance on the transformation of energy consumption in China	24
The audit committee’s IT expertise and its impact on the disclosure of cybersecurity risk	24
Finance and sales growth at the firms level in Iran: Does type of spending matter?	24
Sustainable finance and blockchain: A systematic review and research agenda	24
How does international capital flows drive green technological innovation in emerging and developed markets?	24
The impact of economic policy uncertainty and digital integration on ESG practices in European companies	24
Does the porter hypothesis work well in the emission trading schema pilot? Exploring moderating effects of institutional settings	23
The determinants and consequences of tax avoidance: A psychological contract perspective	23
Convergence or divergence? The impact of common institutional ownership on firms’ innovation trajectories	23
Emission trading policy and firm-level carbon disclosure in China: Unveiling the potential of market-based environmental regulation	23
Culture, financial literacy, and leverage of small firms	23
The impact of digital transformation on the servitization transformation of manufacturing firms	23
Signaling vs. agency theory: What drives dividends of promoter-owned firms during a crisis?	23
Policy uncertainty, the use of derivatives: Evidence from U.S. bank holdingcompanies (BHCs)	23
Economic policy uncertainty, institutional environments, and corporate cash holdings	23
Does global climate risk encourage companies to take more risks?	23
Measuring the evolution of competition and the impact of the financial reform in the Mexican banking sector, 2008–2019	23
Cryptocurrencies and financial market stability: Theoretical modeling and empirical evidence of spillover effects from sequential attention cycles of crypto investors	23
Shadow banking, macroprudential policy and banks’ systemic risk	23
Can a self-exciting jump structure better capture the jump behavior of cryptocurrencies? A comparative analysis with the S&P 500	23