Journal of Banking & Finance

Article	Citations
The case for CASE: Estimating heterogeneous systemic effects	201
Financial development and wage income: Evidence from the global football market	197
Determinants and predictability of commodity producer returns	189
Stocks versus bonds for the long run when a riskless asset is available	186
How should we measure the performance of corporate bond mutual funds? Evaluating model quality and impact on inferences	181
Dissecting the return-predicting power of risk-neutral variance	166
Award-winning CEOs and corporate innovation	165
Dark premonitions: Pre-bankruptcy investor attention and behavior	135
Leveling the playing field? The effect of disclosing fund manager activeness to individual investors	131
Banks’ investments in fintech ventures	111
Banks incentive pay, diversification and systemic risk	99
Timing sentiment with style: Evidence from mutual funds	90
Financial Sector Policy Response to COVID-19 in Emerging Markets and Developing Economies	85
Demographic trends, the rent-to-price ratio, and housing market returns	80
Biased risk perceptions: Evidence from the laboratory and financial markets	79
Expected and Unexpected Jumps in the Overnight Rate: Consistent Management of the Libor Transition	75
Quality is our asset: The international transmission of liquidity regulation	74
Canonical portfolios: Optimal asset and signal combination	74
Supervisory stringency, payout restrictions, and bank equity prices	72
Do banks price production process failures? Evidence from product recalls	67
Social capital, finance, and consumption: Evidence from a representative sample of Chinese households	64
Trade policy sensitivity and global stock returns: Evidence from the 2016 U.S. Presidential election	64
Market discipline and regulatory arbitrage: Evidence from ABCP liquidity guarantors	62
Common institutional ownership and corporate social responsibility	59
Does FinTech coverage improve the pricing efficiency of capital market? Evidence from China	58

Money market reforms:The effect on the commercial paper market	56
Monetary easing and the lending concentration channel of monetary policy transmission	56
Employment Protection and Household Mortgage Debt	55
A new approach to credit ratings	54
The illusion of oil return predictability: The choice of data matters!	54
Private information in trades, R2, and large stock price movements	53
Trading volume and liquidity provision in cryptocurrency markets	47
Experiments in finance	46
How free is free? Retail trading costs with zero commissions	46
Political relations and media coverage	45
Modeling the time-varying dynamic term structure of interest rates	45
The effect of institutional herding on stock prices: The differentiating role of credit ratings	44
The dark side of bank taxes	43
Intraday momentum in the VIX futures market	43
The positive externalities of leveraged buyouts	42
Buy low, sell high? Do private equity fund managers have market timing abilities?	42
Exploiting the dynamics of commodity futures curves	40
Heterogeneous beliefs in macroeconomic growth prospects and the carry risk premium	39
IPO underperformance and the idiosyncratic risk puzzle	37
Corporate noncompliance: Do corporate violations affect bank loan contracting?	37
Impact of Price Path on Disposition Bias	35
The gradient allocation principle based on the higher moment risk measure	35
Stress tests and information disclosure: An experimental analysis	35
Sign matters: Stock-movement-based trading decisions of individual investors	35
Pension funding and the cross section of stock returns - The case of Germany	34
Competition, coinsurance and moral hazard in banking	33
Do stock-level experienced returns influence security selection?	32
Stress testing and bank business patterns: A regression discontinuity study	31
Lease-adjusted productivity measurement	31
How do experienced analysts improve price efficiency?	31
Risk-taking incentives and risk-talking outcomes	31
Special issue on green and ethical finance	30
Discretionary loan loss provisioning and bank stock returns: The Role of economic booms and busts	30
Optimal portfolio choice for higher-order risk averters	30
Common institutional blockholders and tail risk	30
Corporate dollar debt and depreciations: All’s well that ends well?	30
Market shocks and professionals’ investment behavior – Evidence from the COVID-19 crash	29
Available-for-sale is available for hoarding: When nonfinancial firms hold financial assets	29
Human capital quality and stock returns	29
Gender composition and conflicts of interest in the financial industry: Evidence from analysts’ target price optimism	29
Religion and insider trading profits	28
Signal strength adjustment behavior: Evidence from share repurchases	28
Country financial development and the extension of trade credit by firms with market power	28
The pricing of carbon risk in syndicated loans: Which risks are priced and why?	28
The role of CDS spreads in explaining bond recovery rates	27
Variation in the Value of Active Share Across Regions of Investments: Evidence from Global Equity Funds	27
A large creditor in contagious liquidity crises	27
Fintech and big tech credit: Drivers of the growth of digital lending	27
Heterogeneous inflation and deflation experiences and savings decisions during German industrialization	26
Operational loss recoveries and the macroeconomic environment: Evidence from the U.S. banking sector	26

How do investors trade R&D-intensive Stocks? Evidence from hedge funds and other institutional investors	26
Market-based private equity returns	26
Editorial Board	26
Leveraging intellectual property: The value of harmonized enforcement regimes	26
Shrouding and the FX trades of global custody bank	26
Government guarantees and bank liquidity creation around the world	25
Bank affiliation and timing ability of mutual funds: Evidence from China	25
Global weather-based trading strategies	25
Do local investors know more? Evidence from securities class actions	25
Complexity and the default risk of mortgage-backed securities	24
Belief dispersion in the Chinese stock market and fund flows	24
Algorithmic trading and market quality: International evidence of the impact of errors in colocation dates	24
Shadow loans and regulatory arbitrage: Evidence from China	24
Good idiosyncratic volatility, bad idiosyncratic volatility, and the cross-section of stock returns	23
Capital requirements, mortgage rates and house prices	23
Bank competition and corporate employment: Evidence from the geographic distribution of bank branches in China	23
Economic policy uncertainty and corporate bond liquidity	23
Do foreign institutions avoid investing in poorly CSR-performing firms?	23
Cross-asset time-series momentum: Crude oil volatility and global stock markets	23
Downside risk and the performance of volatility-managed portfolios	22
The way forward for banks during the COVID-19 crisis and beyond: Government and central bank responses, threats to the global banking industry	22
Information asymmetry and the profitability of technical analysis	22
Natural disasters and market manipulation	22
Editorial Board	21
Editorial Board	21
Does maker-taker limit order subsidy improve market outcomes? Quasi-natural experimental evidence	21
Complexity of global banks and the implications for bank risk: Evidence from foreign banks in Hong Kong	21
Common ownership, price informativeness, and corporate investment	21
Central bank liquidity facilities and market making	20
Erratum to “Corporate voluntary disclosure via WeChat” [Journal of Banking & Finance 176 (2025)/107393]	20
Can star analysts make superior coverage decisions in poor information environment?	20
A stochastic programming model for dynamic portfolio management with financial derivatives	20
Inventor CEOs and financing of innovation: Evidence from IPOs	20
Leverage constraints and investors' choice of underlyings	19
Impact of risk oversight functions on bank risk: Evidence from the Dodd-Frank Act	19
Back to the roots of internal credit risk models: Does risk explain why banks' risk-weighted asset levels converge over time?	19
Cross-country determinants of market efficiency: A technical analysis perspective	19
Option-based intermediary leverage	19
Environmental regulation and financial stability: Evidence from Chinese manufacturing firms	19
What can we learn from firm-level jump-induced tail risk around earnings announcements?	19
The effect of bank recapitalization policy on credit allocation, investment, and productivity: Evidence from a banking crisis in Japan	18
Life insurance convexity	18
Social capital and the cost of bank equity: Cross-country evidence	18
Global foreign exchange volatility, ambiguity, and currency carry trades	17
What drives a firm's ES performance? Evidence from stock returns	17
Patented knowledge capital and implied equity risk premium	17
The good, the bad, and the not-so-ugly of credit booms?: capital allocation and financial constraints	17
The effect of labour protection laws on the relationship between leverage and wages	17
Interest rates, cash and short-term investments	17
Downside risk and the cross-section of cryptocurrency returns	17
The impact of COVID-19 pandemic on bank lending around the world	17
Tuesday Blues and the day-of-the-week effect in stock returns	16
Digital finance and financial literacy: Evidence from Chinese households	16
Binding ties in the supply chain and supplier capital structure	16
Market discipline, regulation and banking effectiveness: Do measures matter?	16
Bank complexity, governance, and risk	16
Information acquisition costs and credit spreads	16
The tax shield increases the interest rate	16
Does government debt impede firm innovation? Evidence from the rise of LGFVs in China	16
Effects of macroprudential policy: Evidence from over 6000 estimates	16
Structural estimation of counterparty credit risk under recovery risk	16
Reprint of: COVID-19, lockdowns, and the municipal bond market	15
Financial liberalization and house prices: Evidence from China	15
Game in another town: Geography of stock watchlists and firm valuation	15
The cost of foreign-currency lending	15
Bank regulation and supervision: A symbiotic relationship	15
A bank's optimal capital ratio: A time-varying parameter model to the partial adjustment framework	15
Information spillovers and cross monitoring between the stock market and loan market	15
A test of the Modigliani-Miller theorem, dividend policy and algorithmic arbitrage in experimental asset markets	15
Have ratings become more accurate?	15
Demand for financial advice: Evidence from a randomized choice experiment	15
Can Real Options Explain the Skewness of Stock Returns?	14
Corporate restructuring and creditor power: Evidence from European insolvency law reforms	14
How much do boards learn about CEO ability in crises? Evidence from CEO turnover	14
Artificial intelligence and systemic risk	14
Fund Flows and Asset Valuations of Bond Mutual Funds: Effect of Side-by-Side Management	14
Non‐operating risk and cash holdings: Evidence from pension risk	14
Social connections and bank deposits	14
Trust in Founders	14
Chasing the ESG factor	14

When It Rains It Drains: Psychological Distress and Household Net Worth	14
Personal income tax and corporate innovation: The key role of inventors’ financial incentives	14
Easing of borrower-based measures: Evidence from Czech loan-level data	14
Foreign bank lending during COVID-19	14
Industrial policy and asset prices: Evidence from the Made in China 2025 policy	13
Editorial Board	13
Personal bankruptcy and post-bankruptcy liquidity constraint	13
A shrinkage approach for Sharpe ratio optimal portfolios with estimation risks	13
Editorial Board	13
Distressed firms, zombie firms and zombie lending: A taxonomy	13
Editorial Board	13
Strategic supply management and mechanism choice in government debt auctions: An empirical analysis from the Philippines	13
The dynamics of non-performing loans during banking crises: A new database with post-COVID-19 implications	13
Stock market experience and investor overconfidence: Do investors learn to be overconfident?	13
Banking Market Structure and Trade Shocks	13
Blockholder board representation and debt contracting	13
Crowdedness, mispricing, crashes, and spikes	13
Editorial Board	13
IPO underpricing and limited attention: Theory and evidence	12
The market impact of predictable flows: Evidence from leveraged VIX products	12
When school ties meet geography: Education-province bias in mutual fund portfolios	12
Discretion in pay ratio estimation	12
Leverage and the cost of capital for U.S. banks	12
Detecting political event risk in the option market	12
Do internal capital markets in business groups mitigate firms' financial constraints?	12
The sources of value creation in acquisitions of intangible assets	12
Under-reaction in the sovereign CDS market	12
Disclosure rules, controlling shareholders, and trading activity in the new issues market	12
Measuring the impact of changing deposit insurance coverage levels: Findings from Colombia	12
Incentive contracting in the shadow of litigation risk: Evidence from universal demand laws	12
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
Coherent risk measures alone are ineffective in constraining portfolio losses	11
Editorial Board	11
Editorial Board	11
Newswire tone-overlay commodity portfolios	11
Editorial Board	11
Banking relationship, information reusability, and acquisition loans	11
Post-crisis regulations, market making, and liquidity in over-the-counter markets	11
Economic activity and the bank credit channel	11
Double the insurance, double the funds?	11
How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America	11
COVID-19 and bank branch lending: The moderating effect of digitalization	11
Vulnerable funding in the global economy	11
When should retirees tap their home equity?	11
What are reference rates for?	11
The capital gain lock-in effect and seasoned equity offerings	11
How does corporate culture affect IPO price formation?	11
Reprint of: Delegated asset management and performance when some investors are unsophisticated	11
Marginals versus copulas: Which account for more model risk in multivariate risk forecasting?	11
Is lending distance really changing? Distance dynamics and loan composition in small business lending	11
The Banker’s oath and financial advice	11
Do intangibles matter for corporate policies? Evidence from organization capital and corporate payout choices	11
Bank foreign assets, government support and international spillover effects of sovereign rating events on bank stock prices	11
When expectations of implicit government guarantees diminished, do retail stock investors run away?	11
Debt-stabilizing properties of GDP-linked securities: A macro-finance perspective	10
Supply, demand, and risk premiums in electricity markets	10
Fiduciary duty and corporate social responsibility: Evidence from corporate opportunity waiver	10
Low interest rates and banks’ interest margins: Does belonging to a banking group matter?	10
Credit derivatives and corporate default prediction	10
IPO quantity revisions	10
Risk and control in complex banking groups	10
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	10
Regulatory and bailout decisions in a banking union	10
Enhanced momentum strategies	10
Longs, shorts, and the cross-section of stock returns	10
Is bank misconduct related to social capital? Evidence from U.S. banks	10
Household willingness to take financial risk: Stockmarket movements and life‐cycle effects	10
Do Hedge Funds Value Sell-Side Analysts Differently?	10
Banks’ complexity-risk nexus and the role of regulation	10
Investor sentiment and asset prices: Evidence from the ex-day	10
The market for corporate control and firm information environment: Evidence from five decades of data	10
Modeling and pricing credit risk with a focus on recovery risk	10
Short selling and product market competition	10
Trust and local bias of individual investors	10
Does regulatory and supervisory independence affect financial stability?	10
What drives the dispersion anomaly?	10
Assessing and mitigating fire sales risk under partial information	10
CEO relative age at school entry and corporate risk-taking	10
Insider trading regulation and shorting constraints. Evaluating the joint effects of two market interventions.	10
Editorial Board	10
Time is money: Real effects of relationship lending in a crisis	10
Political promotion incentives and banking supervision: Evidence from a quasi-natural experiment in China	10
Forecasting Value at Risk and expected shortfall using a model with a dynamic omega ratio	10
The evolution of price discovery in an electronic market	9
Stock market liberalization and corporate investment revisited: Evidence from China	9
Strategic repurchases and equity sales: Evidence from equity vesting schedules	9
How cheap talk in climate disclosures relates to climate initiatives, corporate emissions, and reputation risk	9
Optimal restrictiveness of a financing covenant	9
Bank levy and household risk-aversion	9
Operational Risk is More Systemic than You Think: Evidence from U.S. Bank Holding Companies	9
National culture of secrecy and firms’ access to credit	9
Bank systemic risk around COVID-19: A cross-country analysis	9
Optimal information production of mutual funds: Evidence from China	9
Compounding COVID-19 and climate risks: The interplay of banks’ lending and government’s policy in the shock recovery	9