Journal of Banking & Finance

Article	Citations
How should we measure the performance of corporate bond mutual funds? Evaluating model quality and impact on inferences	304
Market discipline and regulatory arbitrage: Evidence from ABCP liquidity guarantors	240
Leveling the playing field? The effect of disclosing fund manager activeness to individual investors	235
Banks incentive pay, diversification and systemic risk	158
Timing sentiment with style: Evidence from mutual funds	156
Quality is our asset: The international transmission of liquidity regulation	114
Supervisory stringency, payout restrictions, and bank equity prices	113
Predicting stock returns of past-winner stocks and bond returns of past-loser stocks with a stock’s 52-week price anchor	102
Canonical portfolios: Optimal asset and signal combination	100
Dealer misconduct and price dynamics at the fix	92
Trade policy sensitivity and global stock returns: Evidence from the 2016 U.S. Presidential election	82
Biased risk perceptions: Evidence from the laboratory and financial markets	76
Dark premonitions: Pre-bankruptcy investor attention and behavior	74
Dissecting the return-predicting power of risk-neutral variance	68
A tale of two banking regulations: Impact of regulatory overlap on the analysis of liquidity creation	67
Social capital, finance, and consumption: Evidence from a representative sample of Chinese households	65
Demographic trends, the rent-to-price ratio, and housing market returns	64
The case for CASE: Estimating heterogeneous systemic effects	63
Banks’ investments in fintech ventures	58
Expected and Unexpected Jumps in the Overnight Rate: Consistent Management of the Libor Transition	54
Financial development and wage income: Evidence from the global football market	52
Award-winning CEOs and corporate innovation	51
Competition, coinsurance and moral hazard in banking	50
Political relations and media coverage	50
Risk-taking incentives and risk-talking outcomes	48

Country financial development and the extension of trade credit by firms with market power	47
Familiarity breeds day trade	47
How free is free? Retail trading costs with zero commissions	46
Religion and insider trading profits	41
Variation in the value of active share across regions of investments: Evidence from global equity funds	39
The dark side of bank taxes	39
The effect of institutional herding on stock prices: The differentiating role of credit ratings	38
Trading volume and liquidity provision in cryptocurrency markets	38
Do stock-level experienced returns influence security selection?	37
The gradient allocation principle based on the higher moment risk measure	37
Impact of Price Path on Disposition Bias	37
Money market reforms:The effect on the commercial paper market	36
Stress tests and information disclosure: An experimental analysis	36
Lease-adjusted productivity measurement	35
A new approach to credit ratings	34
Does FinTech coverage improve the pricing efficiency of capital market? Evidence from China	33
Human capital quality and stock returns	33
Drought, water, and the valuation of hydropower assets	33
Sign matters: Stock-movement-based trading decisions of individual investors	33
Exploiting the dynamics of commodity futures curves	32
Modeling the time-varying dynamic term structure of interest rates	32
Signal strength adjustment behavior: Evidence from share repurchases	32
Employment Protection and Household Mortgage Debt	31
Experiments in finance	31
Intraday momentum in the VIX futures market	31
Editorial Board	31
Common institutional blockholders and tail risk	31
Gender composition and conflicts of interest in the financial industry: Evidence from analysts’ target price optimism	30
Corporate noncompliance: Do corporate violations affect bank loan contracting?	29
Pension funding and the cross section of stock returns - The case of Germany	29
Available-for-sale is available for hoarding: When nonfinancial firms hold financial assets	29
Fintech and big tech credit: Drivers of the growth of digital lending	28
How do experienced analysts improve price efficiency?	28
Heterogeneous inflation and deflation experiences and savings decisions during German industrialization	26
Editorial Board	26
Option introduction, short-sale constraints, and stock price efficiency: New evidence from IPO lockup periods	25
Asset management with an ESG mandate	25
Capital requirements, mortgage rates and house prices	24
Algorithmic trading and market quality: International evidence of the impact of errors in colocation dates	24
Global weather-based trading strategies	23
Shadow loans and regulatory arbitrage: Evidence from China	23
Leveraging intellectual property: The value of harmonized enforcement regimes	23
Bank affiliation and timing ability of mutual funds: Evidence from China	22
Complexity and the default risk of mortgage-backed securities	22
Good idiosyncratic volatility, bad idiosyncratic volatility, and the cross-section of stock returns	22
A large creditor in contagious liquidity crises	22
Cross-asset time-series momentum: Crude oil volatility and global stock markets	22
Government guarantees and bank liquidity creation around the world	21
Do local investors know more? Evidence from securities class actions	21
Operational loss recoveries and the macroeconomic environment: Evidence from the U.S. banking sector	21

The more, the better? Predicting stock returns with local and global data	21
Belief dispersion in the Chinese stock market and fund flows	21
Do foreign institutions avoid investing in poorly CSR-performing firms?	20
The role of CDS spreads in explaining bond recovery rates	20
Bank competition and corporate employment: Evidence from the geographic distribution of bank branches in China	20
Economic policy uncertainty and corporate bond liquidity	20
Natural disasters and market manipulation	20
Market-based private equity returns	20
Editorial Board	20
A revisit to the IPO spillover effect: On the importance of technological proximity	20
The good, the bad, and the not-so-ugly of credit booms?: capital allocation and financial constraints	20
Impact of risk oversight functions on bank risk: Evidence from the Dodd-Frank Act	20
Does maker-taker limit order subsidy improve market outcomes? Quasi-natural experimental evidence	19
Cross-country determinants of market efficiency: A technical analysis perspective	19
Editorial Board	19
Global foreign exchange volatility, ambiguity, and currency carry trades	19
Erratum to “Corporate voluntary disclosure via WeChat” [Journal of Banking & Finance 176 (2025)/107393]	19
Uncertain Text and Price Reactions to Earnings Releases	19
Central bank liquidity facilities and market making	19
The effect of bank recapitalization policy on credit allocation, investment, and productivity: Evidence from a banking crisis in Japan	19
Leverage constraints and investors' choice of underlyings	18
Can star analysts make superior coverage decisions in poor information environment?	18
A stochastic programming model for dynamic portfolio management with financial derivatives	18
Option-based intermediary leverage	18
Back to the roots of internal credit risk models: Does risk explain why banks' risk-weighted asset levels converge over time?	18
The effect of labour protection laws on the relationship between leverage and wages	18
Information acquisition costs and credit spreads	18
Nudging a second after	18
Digital finance and financial literacy: Evidence from Chinese households	18
Effects of macroprudential policy: Evidence from over 6000 estimates	17
Inventor CEOs and financing of innovation: Evidence from IPOs	17
What types of boards and compensation committees pay CEOs discretionary bonuses?	17
Patented knowledge capital and implied equity risk premium	16
A bank's optimal capital ratio: A time-varying parameter model to the partial adjustment framework	16
Social connections and bank deposits	16
Social capital and the cost of bank equity: Cross-country evidence	16
Structural estimation of counterparty credit risk under recovery risk	16
Reprint of: COVID-19, lockdowns, and the municipal bond market	16
Life insurance convexity	16
Information spillovers and cross monitoring between the stock market and loan market	16
Trust in Founders	16
Economic policy uncertainty and covenants in venture capital contracts	15
How much do boards learn about CEO ability in crises? Evidence from CEO turnover	15
Demand for financial advice: Evidence from a randomized choice experiment	15
Corporate restructuring and creditor power: Evidence from European insolvency law reforms	15
Have ratings become more accurate?	15
Foreign bank lending during COVID-19	15
Fund Flows and Asset Valuations of Bond Mutual Funds: Effect of Side-by-Side Management	15
Blockholder board representation and debt contracting	15
When It Rains It Drains: Psychological Distress and Household Net Worth	15
Non‐operating risk and cash holdings: Evidence from pension risk	15
The tax shield increases the interest rate	15
Game in another town: Geography of stock watchlists and firm valuation	15
Board gender diversity and equity-based compensation	15
Easing of borrower-based measures: Evidence from Czech loan-level data	14
Artificial intelligence and systemic risk	14
Editorial Board	14
Editorial Board	14
Can Real Options Explain the Skewness of Stock Returns?	14
Personal income tax and corporate innovation: The key role of inventors’ financial incentives	14
Chasing the ESG factor	14
Industrial policy and asset prices: Evidence from the Made in China 2025 policy	14
Editorial Board	14
Bank regulation and supervision: A symbiotic relationship	14
Stock market experience and investor overconfidence: Do investors learn to be overconfident?	14
Financial liberalization and house prices: Evidence from China	14
Distressed firms, zombie firms and zombie lending: A taxonomy	14
Strategic supply management and mechanism choice in government debt auctions: An empirical analysis from the Philippines	14
A test of the Modigliani-Miller theorem, dividend policy and algorithmic arbitrage in experimental asset markets	14
Crowdedness, mispricing, crashes, and spikes	13
IPO underpricing and limited attention: Theory and evidence	13
Personal bankruptcy and post-bankruptcy liquidity constraint	13
Editorial Board	13
Detecting political event risk in the option market	13
Incentive contracting in the shadow of litigation risk: Evidence from universal demand laws	13
Measuring the impact of changing deposit insurance coverage levels: Findings from Colombia	13
Do internal capital markets in business groups mitigate firms' financial constraints?	13
When school ties meet geography: Education-province bias in mutual fund portfolios	13
Banking Market Structure and Trade Shocks	12
Disclosure rules, controlling shareholders, and trading activity in the new issues market	12

When should retirees tap their home equity?	12
In Memoria Giorgio and Emilia Szegő A special issue on institutions, risk measures, and portfolio optimization	12
Editorial Board	12
Leverage and the cost of capital for U.S. banks	12
Marginals versus copulas: Which account for more model risk in multivariate risk forecasting?	12
Vulnerable funding in the global economy	12
Reprint of: Delegated asset management and performance when some investors are unsophisticated	12
The sources of value creation in acquisitions of intangible assets	12
Discretion in pay ratio estimation	12
When expectations of implicit government guarantees diminished, do retail stock investors run away?	12
What are reference rates for?	12
Economic activity and the bank credit channel	12
Does options trading stabilize stock prices? : Evidence from a natural experiment	11
Editorial Board	11
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	11
Monetary policy transmission, bank market power, and wholesale funding reliance	11
Does regulatory and supervisory independence affect financial stability?	11
Coherent risk measures alone are ineffective in constraining portfolio losses	11
Low interest rates and banks’ interest margins: Does belonging to a banking group matter?	11
Do Equity Analysts Reflect Private Information about SEC Investigations?	11
Global evidence on unspanned macro risks in dynamic term structure models	11
Newswire tone-overlay commodity portfolios	11
The Banker’s oath and financial advice	11
Forecasting Value at Risk and expected shortfall using a model with a dynamic omega ratio	11
COVID-19 and bank branch lending: The moderating effect of digitalization	11
Short selling and product market competition	11
How does corporate culture affect IPO price formation?	11
The up side of being down: Depression and crowdsourced forecasts	11
Enhanced momentum strategies	11
Editorial Board	11
Bidder opportunism, familiarity, and the M&A payment choice	11
Fiduciary duty and corporate social responsibility: Evidence from corporate opportunity waiver	11
Is lending distance really changing? Distance dynamics and loan composition in small business lending	11
CEO relative age at school entry and corporate risk-taking	10
Household willingness to take financial risk: Stockmarket movements and life‐cycle effects	10
Modeling and pricing credit risk with a focus on recovery risk	10
Is bank misconduct related to social capital? Evidence from U.S. banks	10
Do risky banks pay their employees more?	10
4/2 rough and smooth	10
Editorial Board	10
Assessing and mitigating fire sales risk under partial information	10
Political promotion incentives and banking supervision: Evidence from a quasi-natural experiment in China	10
Do Hedge Funds Value Sell-Side Analysts Differently?	10
Debt-stabilizing properties of GDP-linked securities: A macro-finance perspective	10
PayTech on BigTech platforms	10
The market for corporate control and firm information environment: Evidence from five decades of data	10
The impact of sustainable finance literacy on investment decisions	10
Air pollution and bank loan pricing	9
Compounding COVID-19 and climate risks: The interplay of banks’ lending and government’s policy in the shock recovery	9
Investor heterogeneity and the market for fund benchmarks: Evidence from passive ETFs	9
Impact of sovereign credit ratings on systemic risk and the moderating role of regulatory reforms: An international investigation	9
Uncertainty premia for small and large risks	9
Insider trading regulation and shorting constraints. Evaluating the joint effects of two market interventions.	9
How do markets react to tighter bank capital requirements?	9
The value of growth: Changes in profitability and future stock returns	9
A shadow rate without a lower bound constraint	9
Stock valuation during the COVID-19 pandemic: An explanation using option-based discount rates	9
ESG and bond market resilience: Evidence from the Covid crisis	9
Editorial Board	9
Asymmetric cost behavior and non-financial firms’ risky financial investments	9
Financial misconduct and bank risk-taking: Evidence from US banks	9
National culture of secrecy and firms’ access to credit	9
Stock market liberalization and corporate investment revisited: Evidence from China	9
A stochastic model for predicting the response time of green vs brown stocks to climate change news risk	9
Operational Risk is More Systemic than You Think: Evidence from U.S. Bank Holding Companies	9
Optimal information production of mutual funds: Evidence from China	9
Strategic repurchases and equity sales: Evidence from equity vesting schedules	9
Investor sentiment and asset prices: Evidence from the ex-day	9
Central bank policies and financial markets: Lessons from the euro crisis	8
Geographic deregulation and bank capital structure	8
Motivated beliefs about stock returns	8
International information flow and market quality	8
Real estate security token offerings and the secondary market: Driven by crypto hype or fundamentals?	8
Editorial Board	8
What drives startup valuations?	8
The impact of managerial myopia on cybersecurity: Evidence from data breaches	8
A hidden cost of ETF investing: Retail demand shocks and limits to arbitrage	8
How cheap talk in climate disclosures relates to climate initiatives, corporate emissions, and reputation risk	8
Corporate culture and M&A deals: Using text from crowdsourced employer reviews to measure cultural differences	8
The real effects of corruption on M&A flows: Evidence from China's anti-corruption campaign	8
Debt restructuring with multiple bank relationships	8
Sustainable finance literacy and the determinants of sustainable investing	8
Cybercrime on the ethereum blockchain	8
Optimal restrictiveness of a financing covenant	8
Editorial Board	8
Geographic proximity and corporate investment efficiency: Evidence from high-speed rail construction in China	8
The demise of branch banking – Technology, consolidation, bank fragility	8
A macro-financial perspective to analyse maturity mismatch and default	7
Internal risk limits of dealers and corporate bond market making	7
Climate risk and payout flexibility around the world	7
Dimensions of national culture and R2 around the world	7
Liquidity regulations, bank lending and fire-sale risk	7
Beauty and stock market participation	7
Terrorism, banking, and informal savings: Evidence from Nigeria	7
Housing booms and local capital misallocation	7