Journal of Banking & Finance

Article	Citations
The case for CASE: Estimating heterogeneous systemic effects	187
Financial development and wage income: Evidence from the global football market	185
Cooperative lenders and the performance of small business loans	172
Social capital, finance, and consumption: Evidence from a representative sample of Chinese households	169
Determinants and predictability of commodity producer returns	159
Stocks versus bonds for the long run when a riskless asset is available	153
How should we measure the performance of corporate bond mutual funds? Evaluating model quality and impact on inferences	153
Dissecting the return-predicting power of risk-neutral variance	126
Do banks price production process failures? Evidence from product recalls	121
Leveling the playing field? The effect of disclosing fund manager activeness to individual investors	106
Award-winning CEOs and corporate innovation	103
Demographic trends, the rent-to-price ratio, and housing market returns	81
Market discipline and regulatory arbitrage: Evidence from ABCP liquidity guarantors	80
Biased risk perceptions: Evidence from the laboratory and financial markets	78
Expected and Unexpected Jumps in the Overnight Rate: Consistent Management of the Libor Transition	77
Quality is our asset: The international transmission of liquidity regulation	76
Canonical portfolios: Optimal asset and signal combination	73
Supervisory stringency, payout restrictions, and bank equity prices	72
Banks incentive pay, diversification and systemic risk	70
Dark premonitions: Pre-bankruptcy investor attention and behavior	69
Banks’ investments in fintech ventures	65
Financial Sector Policy Response to COVID-19 in Emerging Markets and Developing Economies	62
Common institutional ownership and corporate social responsibility	59
Timing sentiment with style: Evidence from mutual funds	55
Does FinTech coverage improve the pricing efficiency of capital market? Evidence from China	55

Monetary easing and the lending concentration channel of monetary policy transmission	53
Money market reforms:The effect on the commercial paper market	53
The positive externalities of leveraged buyouts	53
Employment Protection and Household Mortgage Debt	53
Heterogeneous beliefs in macroeconomic growth prospects and the carry risk premium	52
The illusion of oil return predictability: The choice of data matters!	50
Experiments in finance	46
Buy low, sell high? Do private equity fund managers have market timing abilities?	46
Political relations and media coverage	44
Modeling the time-varying dynamic term structure of interest rates	43
The effect of institutional herding on stock prices: The differentiating role of credit ratings	42
The dark side of bank taxes	39
Intraday momentum in the VIX futures market	39
Corporate noncompliance: Do corporate violations affect bank loan contracting?	38
IPO underperformance and the idiosyncratic risk puzzle	37
The gradient allocation principle based on the higher moment risk measure	37
Sign matters: Stock-movement-based trading decisions of individual investors	36
Stress tests and information disclosure: An experimental analysis	35
Signal strength adjustment behavior: Evidence from share repurchases	34
Pension funding and the cross section of stock returns - The case of Germany	34
Impact of Price Path on Disposition Bias	34
Competition, coinsurance and moral hazard in banking	33
Do stock-level experienced returns influence security selection?	33
Lease-adjusted productivity measurement	32
Risk-taking incentives and risk-talking outcomes	32
How do experienced analysts improve price efficiency?	32
Special issue on green and ethical finance	30
Stress testing and bank business patterns: A regression discontinuity study	30
Religion and insider trading profits	29
Exploiting the dynamics of commodity futures curves	29
Human capital quality and stock returns	28
Discretionary loan loss provisioning and bank stock returns: The Role of economic booms and busts	28
Common institutional blockholders and tail risk	28
Optimal portfolio choice for higher-order risk averters	28
Corporate dollar debt and depreciations: All’s well that ends well?	28
How free is free? Retail trading costs with zero commissions	27
Private information in trades, R2, and large stock price movements	27
Fintech and big tech credit: Drivers of the growth of digital lending	27
Available-for-sale is available for hoarding: When nonfinancial firms hold financial assets	27
Market shocks and professionals’ investment behavior – Evidence from the COVID-19 crash	27
A new approach to credit ratings	26
Belief dispersion in the Chinese stock market and fund flows	26
Trading volume and liquidity provision in cryptocurrency markets	26
Do foreign institutions avoid investing in poorly CSR-performing firms?	26
The pricing of carbon risk in syndicated loans: Which risks are priced and why?	26
Market-based private equity returns	25
How do investors trade R&D-intensive Stocks? Evidence from hedge funds and other institutional investors	25
Government guarantees and bank liquidity creation around the world	25
Common ownership, price informativeness, and corporate investment	25
Cross-asset time-series momentum: Crude oil volatility and global stock markets	24

Information asymmetry and the profitability of technical analysis	24
A large creditor in contagious liquidity crises	24
The role of CDS spreads in explaining bond recovery rates	24
Capital requirements, mortgage rates and house prices	24
Good idiosyncratic volatility, bad idiosyncratic volatility, and the cross-section of stock returns	23
Editorial Board	23
Bank affiliation and timing ability of mutual funds: Evidence from China	23
Algorithmic trading and market quality: International evidence of the impact of errors in colocation dates	23
Leveraging intellectual property: The value of harmonized enforcement regimes	23
Do local investors know more? Evidence from securities class actions	23
Heterogeneous inflation and deflation experiences and savings decisions during German industrialization	23
Operational loss recoveries and the macroeconomic environment: Evidence from the U.S. banking sector	23
Shrouding and the FX trades of global custody bank	23
Global weather-based trading strategies	22
Complexity and the default risk of mortgage-backed securities	22
Natural disasters and market manipulation	22
Shadow loans and regulatory arbitrage: Evidence from China	22
Bank competition and corporate employment: Evidence from the geographic distribution of bank branches in China	22
Economic policy uncertainty and corporate bond liquidity	22
Does maker-taker limit order subsidy improve market outcomes? Quasi-natural experimental evidence	21
Editorial Board	21
Editorial Board	21
Bank complexity, governance, and risk	21
The way forward for banks during the COVID-19 crisis and beyond: Government and central bank responses, threats to the global banking industry	21
Downside risk and the performance of volatility-managed portfolios	21
Complexity of global banks and the implications for bank risk: Evidence from foreign banks in Hong Kong	21
Social capital and the cost of bank equity: Cross-country evidence	20
Central bank liquidity facilities and market making	19
Can star analysts make superior coverage decisions in poor information environment?	19
Does government debt impede firm innovation? Evidence from the rise of LGFVs in China	19
What can we learn from firm-level jump-induced tail risk around earnings announcements?	18
Cross-country determinants of market efficiency: A technical analysis perspective	18
Impact of risk oversight functions on bank risk: Evidence from the Dodd-Frank Act	18
Option-based intermediary leverage	18
The effect of labour protection laws on the relationship between leverage and wages	18
The good, the bad, and the not-so-ugly of credit booms?: capital allocation and financial constraints	18
Tuesday Blues and the day-of-the-week effect in stock returns	17
Life insurance convexity	17
The effect of bank recapitalization policy on credit allocation, investment, and productivity: Evidence from a banking crisis in Japan	17
A stochastic programming model for dynamic portfolio management with financial derivatives	17
Leverage constraints and investors' choice of underlyings	17
Market discipline, regulation and banking effectiveness: Do measures matter?	17
Back to the roots of internal credit risk models: Does risk explain why banks' risk-weighted asset levels converge over time?	17
The impact of COVID-19 pandemic on bank lending around the world	17
Interest rates, cash and short-term investments	17
Government ownership and Venture Capital in China	17
Effects of macroprudential policy: Evidence from over 6000 estimates	16
Information acquisition costs and credit spreads	16
What drives a firm's ES performance? Evidence from stock returns	16
Inventor CEOs and financing of innovation: Evidence from IPOs	16
Downside risk and the cross-section of cryptocurrency returns	16
Patented knowledge capital and implied equity risk premium	16
Information spillovers and cross monitoring between the stock market and loan market	15
The tax shield increases the interest rate	15
Environmental regulation and financial stability: Evidence from Chinese manufacturing firms	15
Financial liberalization and house prices: Evidence from China	15
CEO gender and employee relations: Evidence from labor lawsuits	15
Digital finance and financial literacy: Evidence from Chinese households	15
Structural estimation of counterparty credit risk under recovery risk	15
Have ratings become more accurate?	15
Demand for financial advice: Evidence from a randomized choice experiment	15
Reprint of: COVID-19, lockdowns, and the municipal bond market	15
Binding ties in the supply chain and supplier capital structure	15
The cost of foreign-currency lending	15
A test of the Modigliani-Miller theorem, dividend policy and algorithmic arbitrage in experimental asset markets	15
Stock market experience and investor overconfidence: Do investors learn to be overconfident?	15
Personal income tax and corporate innovation: The key role of inventors’ financial incentives	14
Artificial intelligence and systemic risk	14
Distressed firms, zombie firms and zombie lending: A taxonomy	14
Bank regulation and supervision: A symbiotic relationship	14
Fund Flows and Asset Valuations of Bond Mutual Funds: Effect of Side-by-Side Management	14
Chasing the ESG factor	14
Discretion in pay ratio estimation	14
Blockholder board representation and debt contracting	14
A bank's optimal capital ratio: A time-varying parameter model to the partial adjustment framework	14
Non‐operating risk and cash holdings: Evidence from pension risk	14
Corporate restructuring and creditor power: Evidence from European insolvency law reforms	14
Can Real Options Explain the Skewness of Stock Returns?	14
Industrial policy and asset prices: Evidence from the Made in China 2025 policy	14
Game in another town: Geography of stock watchlists and firm valuation	14

When It Rains It Drains: Psychological Distress and Household Net Worth	14
Banking Market Structure and Trade Shocks	13
Editorial Board	13
The sources of value creation in acquisitions of intangible assets	13
Strategic supply management and mechanism choice in government debt auctions: An empirical analysis from the Philippines	13
Editorial Board	13
Incentive contracting in the shadow of litigation risk: Evidence from universal demand laws	13
Leverage and the cost of capital for U.S. banks	13
A shrinkage approach for Sharpe ratio optimal portfolios with estimation risks	13
Personal bankruptcy and post-bankruptcy liquidity constraint	13
Editorial Board	13
Editorial Board	13
The market impact of predictable flows: Evidence from leveraged VIX products	13
Detecting political event risk in the option market	12
Under-reaction in the sovereign CDS market	12
Asset pricing and FOMC press conferences	12
IPO underpricing and limited attention: Theory and evidence	12
Disclosure rules, controlling shareholders, and trading activity in the new issues market	12
Post-crisis regulations, market making, and liquidity in over-the-counter markets	12
When school ties meet geography: Education-province bias in mutual fund portfolios	12
Measuring the impact of changing deposit insurance coverage levels: Findings from Colombia	12
To whom do banks channel central bank funds?	12
Do internal capital markets in business groups mitigate firms' financial constraints?	12
Reprint of: Delegated asset management and performance when some investors are unsophisticated	12
The dynamics of non-performing loans during banking crises: A new database with post-COVID-19 implications	12
Do intangibles matter for corporate policies? Evidence from organization capital and corporate payout choices	11
COVID-19 and bank branch lending: The moderating effect of digitalization	11
When should retirees tap their home equity?	11
Vulnerable funding in the global economy	11
Editorial Board	11
Non-recourse mortgage law and housing speculation	11
In Memoria Giorgio and Emilia Szegő A special issue on institutions, risk measures, and portfolio optimization	11
Newswire Tone-Overlay Commodity Portfolios	11
Economic activity and the bank credit channel	11
How does corporate culture affect IPO price formation?	11
Is lending distance really changing? Distance dynamics and loan composition in small business lending	11
Banking relationship, information reusability, and acquisition loans	11
Editorial Board	11
What are reference rates for?	11
Bank foreign assets, government support and international spillover effects of sovereign rating events on bank stock prices	11
Risk-adjusted return managed carry trade	11
Coherent risk measures alone are ineffective in constraining portfolio losses	11
When expectations of implicit government guarantees diminished, do retail stock investors run away?	11
The capital gain lock-in effect and seasoned equity offerings	11
Modeling and pricing credit risk with a focus on recovery risk	10
Fiduciary duty and corporate social responsibility: Evidence from corporate opportunity waiver	10
Editorial Board	10
How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America	10
Marginals versus copulas: Which account for more model risk in multivariate risk forecasting?	10
Forecasting Value at Risk and expected shortfall using a model with a dynamic omega ratio	10
CEO relative age at school entry and corporate risk-taking	10
Debt-stabilizing properties of GDP-linked securities: A macro-finance perspective	10
Longs, shorts, and the cross-section of stock returns	10
Is bank misconduct related to social capital? Evidence from U.S. banks	10
Blessing or curse? Institutional investment in leveraged ETFs	10
Editorial Board	10
Political promotion incentives and banking supervision: Evidence from a quasi-natural experiment in China	10
Household willingness to take financial risk: Stockmarket movements and life‐cycle effects	10
Enhanced momentum strategies	10
Do Hedge Funds Value Sell-Side Analysts Differently?	10
The market for corporate control and firm information environment: Evidence from five decades of data	10
Time is money: Real effects of relationship lending in a crisis	10
What drives the dispersion anomaly?	10
Does regulatory and supervisory independence affect financial stability?	10
The Banker’s oath and financial advice	10
Double the insurance, double the funds?	10
Assessing and mitigating fire sales risk under partial information	10
Trust and local bias of individual investors	10
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	10
Short selling and product market competition	10
Insider trading regulation and shorting constraints. Evaluating the joint effects of two market interventions.	9
Editorial Board	9
Supply, demand, and risk premiums in electricity markets	9
Bank-specific capital requirements and capital management from 1989-2013: Further evidence from the UK	9
Impact of sovereign credit ratings on systemic risk and the moderating role of regulatory reforms: An international investigation	9
Sustainable finance literacy and the determinants of sustainable investing	9
Investor heterogeneity and the market for fund benchmarks: Evidence from passive ETFs	9
Central bank policies and financial markets: Lessons from the euro crisis	9
The impact of managerial myopia on cybersecurity: Evidence from data breaches	9
Low interest rates and banks’ interest margins: Does belonging to a banking group matter?	9
Regulatory and bailout decisions in a banking union	9
IPO quantity revisions	9
How do markets react to tighter bank capital requirements?	9
Bank systemic risk around COVID-19: A cross-country analysis	9
Strategic repurchases and equity sales: Evidence from equity vesting schedules	9
Does the geographical complexity of the Colombian financial conglomerates increase banks’ risk? The role of diversification, regulatory arbitrage, and funding costs	9
The value of growth: Changes in profitability and future stock returns	9
Risk and control in complex banking groups	9
Investor sentiment and asset prices: Evidence from the ex-day	9
Stock valuation during the COVID-19 pandemic: An explanation using option-based discount rates	9
Credit derivatives and corporate default prediction	9
Uncertainty premia for small and large risks	9
A shadow rate without a lower bound constraint	9
Stock market liberalization and corporate investment revisited: Evidence from China	9
Optimal information production of mutual funds: Evidence from China	9