Research in International Business and Finance

Article	Citations
Internal control opinion shopping: Does initial audit fee discounting matter?	320
Analyst optimism and market sentiment: Evidence from European corporate sustainability reporters	255
Emerging market multinationals’ pursuit of strategic assets through cross-border acquisitions	202
Impact of corporate philanthropy on firm performance: The moderating role of board structure	145
Has FinTech changed the sensitivity of corporate investment to interest rates?—Evidence from China	143
Factorial asset pricing models using statistical anomalies	118
Asset encumbrance in banks: Is systemic risk affected?	115
Are real interest rates a monetary phenomenon? Evidence from 700 years of data	114
Credit risk prediction based on loan profit: Evidence from Chinese SMEs	109
Extreme return connectedness among renewable energy and rare earth markets: The role of global factors	105
Are institutional investors effective monitors in a country where closely held firms predominate? Insights from agency problem-driven dividend payouts	100
Perceived vs actual financial crisis and bank credit standards: Is there any indication of self-fulfilling prophecy?	99
The effects of portfolio rebalancing strategies on the performance of global mutual funds	97
Does market microstructure affect time-varying efficiency? Evidence from emerging markets	97
Related party lending and rural bank risk: Evidence during the Covid-19 period	94
Corporate governance, fraud learning cycles, and financial fraud detection: Evidence from Chinese listed firms	93
Can non-punitive regulation curb corporate greenwashing?Evidence from a word embedding model	91
Vulnerability of financial markets in India: The contagious effect of COVID-19	87
Monetary policy and currency variance risk premia	86
ESG news and firm value: Evidence from China’s automation of pollution monitoring	85
Performance of ESG-integrated smart beta strategies in Asia-Pacific stock markets	85
Digital finance, institutional quality, and air pollution: Evidence from China	84
Unpacking energy consumption in China's urbanization: Industry development, population growth, and spatial expansion	82
COVID-19, a blessing in disguise for the Tech sector: Evidence from stock price crash risk	82
ESG leaders and crypto currency market: Asymmetric TVP-VAR connectedness and investment approaches	81

EU-27 bank failure prediction with C5.0 decision trees and deep learning neural networks	80
Quantile connectedness between Chinese stock and commodity futures markets	76
Understanding the impact of the financial technology revolution on systemic risk: Evidence from US and EU diversified financials	75
Family firms and the cost of borrowing: empirical evidence from East Asia	74
Traders’ motivation and hedging pressure in commodity futures markets	73
The logics of sovereign credit ratings in developed and developing countries	72
Asymmetric dynamics between geopolitical conflict sentiment and cryptomarkets	71
Accounting for digital currencies	71
Connectedness and systemic risk between FinTech and traditional financial stocks: Implications for portfolio diversification	70
Global economic uncertainty and the Chinese stock market: Assessing the impacts of global indicators	69
Artificial intelligence, digital transformation and cybersecurity in the banking sector: A multi-stakeholder cognition-driven framework	69
ESG reputational risk and market valuation: Evidence from the European banking industry	69
Navigating sustainable finance: Examining the impact of sustainable credit policy on energy consumption intensity	68
Existence of long memory in crude oil and petroleum products: Generalised Hurst exponent approach	66
Impact of the Covid-19 induced panic on the Environmental, Social and Governance leaders equity volatility: A time-frequency analysis	63
Editorial Board	60
Controlling shareholder’s escape threat: Foreign residency rights and stock price crash risk	60
Do investors listen? Exploring the effect of investor relationship management on firm-specific stock return variation	59
Can CFOs improve enterprise loan bargaining power? An empirical analysis based on CFO characteristics	59
Market competition and strategic interaction in the Spanish FinTech industry	59
Does common ownership affect stock price synchronicity?	59
Sports failures and stock returns between rationality and emotionality: Evidence from the UEFA Champions League	57
How do Chinese urban investment bonds affect its economic resilience? Evidence from double machine learning	57
A sparsity algorithm for finding optimal counterfactual explanations: Application to corporate credit rating	57
Guarantee requirements by European central counterparties and international volatility spillovers	55
Revisiting asset co-movement: Does network topology really matter?	54
Why do entrepreneurial firms switch lead venture capital? A double-sided matching perspective	53
The takeover Tango: Unraveling the impact of state-owned enterprise acquisitions on American competitors	52
Bank equity returns and oil prices: The story from U.S. regional banks during the “shale oil” revolution	52
Global Stock Markets during Covid-19: Did Rationality Prevail?	52
Identifying the asymmetric price dynamics of Islamic equities: Implications for international investors	52
Dynamic risk and hedging strategies in post-COVID digital asset sectors	51
Volatility transmission in the property market during two inflationary periods: The 2008–2009 global financial crisis and the COVID-19 crisis	51
Are stock markets efficient with respect to the Google search volume index? A robustness check of the literature studies	51
Financial inclusion, digital technology, and economic growth: Further evidence	50
The effects of regulatory mechanism on enterprise carbon reduction policies	50
How does climate risk affect corporate financialization?	50
Top executives’ great famine experience and stock price crash risk	49
Trade credit financing, social trust, and financial distress: Evidence from Chinese listed companies	49
Does Confucian culture affect shadow banking activities? Evidence from Chinese listed companies	49
Political uncertainty, innovation-driven strategy, and corporate R&D	49
Central Bank Digital Currencies: Agendas for future research	49
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	48
FinTech and Unemployment: New Evidence on the Role of Labor Market Regulation	48
Precious metals and currency markets during the Russia-Ukraine conflict’s inflationary periods	48
Institutional investors, heterogeneity, and capital structure decisions: Evidence from an emerging market	47
The digital economy and entrepreneurial dynamics: An empirical analysis of urban regions in China	47
Analysing and forecasting co-movement between innovative and traditional financial assets based on complex network and machine learning	47
Market response to environmental social and governance performance: A global analysis	47
Corporate social responsibility and dynamic liquidity management	47

The impact of environmental protection fee-to-tax reform on differentiated environmental management behavior of firms	46
China’s secondary privatization and corporate investment efficiency	46
Demographic structure and SME credit availability: Rethinking SME finance amid unprecedented demographic transformations	46
Firms’ perceived trade policy uncertainty and management’s disclosure strategies: Evidence from financial statement comparability	46
Linkage dynamics of sovereign credit risk and financial markets: A bibliometric analysis	45
Decentralized autonomous organizations: The new global digital venture capital	45
Peer effects in corporate advertisement expenditure: Evidence from China	45
The impact of economic uncertainty on corporate ESG performance: Global evidence	44
Digital transformation and trade credit provision: Evidence from China	44
CEO narcissism and ESG misconduct	44
Share pledging of controlling shareholders and corporate social responsibility disclosure	44
Impact of COVID-19 on stock market efficiency: Evidence from developed countries	44
Mutual fund herding and audit pricing	43
What determines interest rates for bitcoin lending?	43
Network structure, dynamic evolution and block characteristics of sovereign debt risk: The global evidence	43
Editorial Board	42
Earnings management and internal governance mechanisms: The role of religiosity	41
Female political leaders and R&D investment	41
Five decades of research on capital budgeting – A systematic review and future research agenda	41
Can big data inhibit earnings management in corporations? — An analysis based on national big data comprehensive pilot zones	40
Are base layer blockchains establishing a new sector? Evidence from a connectedness approach	40
Intrafirm inventor network integration and cross-sectional stock returns	40
Synthetic data generation with deep generative models to enhance predictive tasks in trading strategies	40
Military experience and sustainable development goal disclosure	39
Entrepreneurship in the digital era	39
Futures markets and the baltic dry index: A prediction study based on deep learning	38
Towards the estimation of ESG ratings: A machine learning approach using balance sheet ratios	38
Sequential management of energy and low-carbon portfolios	37
Does data asset disclosure contribute to the market efficiency? Evidence from China	37
Is gold still a safe haven for stock markets? New insights through the tail thickness of portfolio return distributions	37
Genetic distance and cross-border M&A completion: Evidence from Chinese firms	37
The impact of green public finance and green taxes on environmental and non-environmental innovation	37
Interconnectedness in the FOREX market during the high inflation regime: A network analysis	37
Day-night anomaly returns in China: The role of institutions	37
Payout policy and ESG: A European investigation	37
An evolutionary analysis of the diffusion of low-carbon technology innovation in supply networks	36
Registration reform and stock mispricing: Causal inference based on double machine learning	36
Green finance and green innovation: the Moderating role of ESG and synergies with inclusive finance	36
Combination of antecedent conditions affecting the development of Chinese new energy market based on fuzzy sets	36
Effect of twitter investor engagement on cryptocurrencies during the COVID-19 pandemic	36
Imported financial risk in global stock markets: Evidence from the interconnected network	36
Banking sector reactions to COVID-19: The role of bank-specific factors and government policy responses	35
Institutional investor information network, analyst forecasting and stock price crash risk	35
How can firms' transition to a low-carbon economy affect the distance to default?	35
The voice of minority shareholders: Online voting and corporate social responsibility	35
Investment efficiency under financial constraints: The role of CEO power	34
Is soft information substitutive or complementary to hard news for investor attention? Evidence from corporate advertising in Japan	34
Firm-level political risk and CEO compensation	34
Product line transformation, foreign sales, and firm value: Evidence from COVID-19 pandemic governance in urban China	34
Effects of family ownership and family management on the performance of entrepreneurial firms	34
Does Supply Chain Finance (SCF) alleviate funding constraints of SMEs? Evidence from China	34
Corporate ESG performance and credit misallocation: Evidence from China	33
Unleashing stock volatility and its implications for stock crash risk: Evidence from China’s price limit policies	33
Price limits, investor asset allocation, and price volatility: Evidence from China’s registration-based IPO reform	33
The intraday dynamics and intraday price discovery of bitcoin	33
Internationalization and donations allocated to domestic market: Evidence from emerging market SMEs	33
Uncovering patterns of fintech behavior in Italian banks: A multidimensional statistical analysis	33
Exploring the nexus between sustainable energy tokens, electric vehicles, and the hydrogen economy	32
How do women directors ensure corporate ethics? The role of board tenure	32
The fintech revolution: Exploring the potential of fintech finance in reducing corporate credit constraints	32
Weathering the COVID-19 storm: The case of community banks	32
The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development	32
The impact of personality traits on attitude to financial risk	32
Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China	32
Does firm environmental performance mitigate the market reaction to COVID-19 uncertainty?	32
Overconfident male CEOs and corporate outcomes: The moderating role of female CFOs	32
A tale of two revolutions: Environmental, social, and governance performance and dividend policy in Egyptian-listed companies during unstable times	31
The historic oil price fluctuation during the Covid-19 pandemic: What are the causes?	31
Decomposition of social networks and household purchase of insurance as knowledge products	31
Environmental stocks, CEO health risk and COVID-19	31
Reporting quality and financial leverage: Are qualitative characteristics or earnings quality more important? Evidence from an emerging bank-based economy	31
Climate risk and banking stability in China: A dynamic analysis from the short- and long-term perspectives	31
Influence of share pledging on corporate social responsibility: Evidence from India	31
Corporate bond defaults and spillover effects on bank risk: Evidence from city commercial banks in China	31
How does macroeconomic uncertainty influence energy futures?: Evidence from extraordinary events	31
Portfolio insurance strategy in the cryptocurrency market	30
The performance of green bond portfolios under climate uncertainty: A comparative analysis with conventional and black bond portfolios	30
A Support Vector Machine model for classification of efficiency: An application to M&A	30
Asymmetry in returns and volatility between green financial assets, sustainable investments, clean energy, and international stock markets	30
Infectious disease equity market volatility, geopolitical risk, speculation, and commodity returns: Comparative analysis of five epidemic outbreaks	30

Is oil risk important for commodity-related currency returns?	30
Does ESG information disclosure increase firm value? The mediation role of financing constraints in China	30
How do FinTech companies contribute to the achievement of SDGs? Insights from case studies	30
Do conventional and new energy stock markets herd differently? Evidence from China	30
Local government debt and firm productivity: Evidence from China	29
Does utilizing smart contracts induce a financial connectedness between Ethereum and non-fungible tokens?	29
How does intellectual property protection in the host country affect outward foreign direct investment?	29
Mutual fund flows and returns dynamics: Investor preferences and performance persistence	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 geographic distance of independent directors and stock price crash risk: Evidence from China	29
Multilayer network analysis of investor sentiment and stock returns	29
Does digital finance aggravate bank competition? Evidence from China	29
Zero-leverage and firm performance – Evidence from Taiwan	29
Forecasting aggregate stock market volatility with industry volatilities: The role of spillover index	28
Forecasting gold volatility with geopolitical risk indices	28
How do industry tournament incentives affect firm debt maturity?	28
Web search volume acceleration and cross-sectional returns	28
Dynamic interlinkages between carbon risk and volatility of green and renewable energy: A TVP-VAR analysis	28
Banks’ interconnections and peer effects: Evidence from Chile	28
Debt Issues around Mergers & Acquisitions	28
Impact of environmental, social and governance initiatives on firm value: Analysis using AI-based ESG scores for Japanese listed firms	27
The importance of owner loans for rebalancing the capital structure of small knowledge-intensive service firms	27
The impact of debt: International versus local debt in microfinance organizations	27
Uncertainty or investor attention: Which has more impact on Bitcoin volatility?	27
Digital payments and GDP growth: A behavioural quantitative analysis	27
Dancing with dragon: The RMB and developing economies’ currencies	27
Potential diversification benefits: A comparative study of Islamic and conventional stock market indexes	27
Artificial intelligence and green innovation: Investigating the effects of executive pay and firm age	27
Redefining insurance through technology: Achievements and perspectives in Insurtech	27
ESG reactions to fintech: The role of cross-border capital flows	27
Does passive ownership affect corporate governance? Evidence from the Bank of Japan’s ETF purchasing program	27
Harnessing digital finance for sustainability: An integrative review and research agenda	26
“Volatility in a Mug Cup”: Spillovers among cocoa, coffee, sugar futures and the role of climate policy risk	26
The influence of institutional void and socio-cultural factors on the internationalization of emerging multinationals	26
Financial inclusion and income inequality in developing countries: The role of aging populations	26
Strategic fit of potential M&As between dual banks and conventional banks: Does Islamic banking matter?	25
Chinese jigsaw: Solving the equity market response to the COVID-19 crisis: Do alternative asset provide effective hedging performance?	25
Information spillover features in global financial markets: A systematic analysis	25
Resolving agency and product market views of cash holdings	25
Three channels of monetary policy international transmission: Identifying spillover effects from the US to China	25
Global trends and insights into cryptocurrency-related financial crime	25
Large scale mean-variance strategies in the U.S. stock market	25
Social trust and the demand for audit quality	24
The heterogeneity of innovation, government R&D support and enterprise innovation performance	24
An asymmetrical approach to understanding consumer characteristics in banking trust during the COVID-19 pandemic in Italy	24
Price effects after one-day abnormal returns and crises in the stock markets	24
When stock price crash risk meets fundamentals	24
The impact of environmental, social, and governance (ESG) practices on investment efficiency in China: Does digital transformation matter?	24
The effect of downstream expansion on upstream employment: Quasi-natural experimental evidence from China’s Accelerated Depreciation Policy	24
ESG disclosure and investment-financing maturity mismatch: Evidence from China	24
Interpretable selective learning in credit risk	24
THE IMPACT OF EUROPEAN FIRMS’ EMISSIONS REDUCTION EFFECTIVENESS ON FINANCIAL CONSTRAINTS: EVIDENCE FROM THE QUINTUPLE HELIX MODEL PERSPECTIVE	24
Editorial Board	24
Institutional context as a moderator of the relationship between board structure and acquirer returns	23
Determinants of credit spreads and cash flow-related lending in commercial real estate	23
Can a self-exciting jump structure better capture the jump behavior of cryptocurrencies? A comparative analysis with the S&P 500	23
An empirical study on the regulated Chinese agricultural commodity futures market based on skew Ornstein-Uhlenbeck model	23
Corporate misconduct and innovation: Evidence from the pharmaceutical industry	23
Signaling vs. agency theory: What drives dividends of promoter-owned firms during a crisis?	23
Policy uncertainty and overseas property purchases: Evidence from China	23
Hedging climate risk: The role of green energy exchange-traded funds	23
Shadow banking, macroprudential policy and banks’ systemic risk	23
The development fit index of digital currency electronic payment between China and the one belt one road countries	22
Research on the accelerating effect of green finance on the transformation of energy consumption in China	22
Free riding or participation in governance: Minority shareholders’ online voting and corporate responsiveness	22
Estimating time-varying factors’ variance in the string-term structure model with stochastic volatility	22
Culture, financial literacy, and leverage of small firms	22
Mergers and acquisitions in the financial industry: A bibliometric review and future research directions	22
Network centrality, style drift, and mutual fund performance	22
The impact of FinTech innovation on digital financial literacy in Europe: Insights from the banking industry	22
Measuring the evolution of competition and the impact of the financial reform in the Mexican banking sector, 2008–2019	22
Policy uncertainty, the use of derivatives: Evidence from U.S. bank holdingcompanies (BHCs)	22
The audit committee’s IT expertise and its impact on the disclosure of cybersecurity risk	22
Towards more inclusive finance: Exploring the mystery of low carbon green technological innovation	22
Product market competition and stock price crash risk: Exploring the role of managerial ownership	22
Can investors’ informed trading predict cryptocurrency returns? Evidence from machine learning	22
Anatomy of money-losing IPOs	22
How well do investor sentiment and ensemble learning predict Bitcoin prices?	22
The impact of economic policy uncertainty and digital integration on ESG practices in European companies	21
Does global climate risk encourage companies to take more risks?	21
Anticipatory gains and event-driven losses in blockchain-based fan tokens: Evidence from the FIFA World Cup	21
Finance and sales growth at the firms level in Iran: Does type of spending matter?	21
Does economic policy uncertainty affect cryptocurrency markets? Evidence from Twitter-based uncertainty measures	21
The determinants of issuing central bank digital currencies	21
Too big to fail: The aftermath of Silicon Valley Bank (SVB) collapse and its impact on financial markets	21
How do climate risks affect corporate ESG performance? Micro evidence from China	20
Sustainable finance and blockchain: A systematic review and research agenda	20
The maturity effect of stock index futures: Speculation or carry arbitrage?	20
How does international capital flows drive green technological innovation in emerging and developed markets?	20
The effect of impact investing on performance of private firms	20
Distribution of export size, Pareto exponent and financial crisis	20
Anatomy of sovereign yield behaviour using textual news	20
Impact of central bank digital currency uncertainty on international financial markets	20
Capture the contagion network of bitcoin – Evidence from pre and mid COVID-19	20