Journal of Banking & Finance

Article	Citations
The case for CASE: Estimating heterogeneous systemic effects	195
Financial development and wage income: Evidence from the global football market	188
Determinants and predictability of commodity producer returns	178
Stocks versus bonds for the long run when a riskless asset is available	175
How should we measure the performance of corporate bond mutual funds? Evaluating model quality and impact on inferences	171
Dissecting the return-predicting power of risk-neutral variance	161
Leveling the playing field? The effect of disclosing fund manager activeness to individual investors	160
Do banks price production process failures? Evidence from product recalls	129
Trade Policy Sensitivity and Global Stock Returns: Evidence from the 2016 U.S. Presidential Election	127
Dark premonitions: Pre-bankruptcy investor attention and behavior	110
Award-winning CEOs and corporate innovation	91
Banks incentive pay, diversification and systemic risk	84
Timing sentiment with style: Evidence from mutual funds	83
Market discipline and regulatory arbitrage: Evidence from ABCP liquidity guarantors	78
Biased risk perceptions: Evidence from the laboratory and financial markets	76
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	73
Demographic trends, the rent-to-price ratio, and housing market returns	72
Canonical portfolios: Optimal asset and signal combination	70
Supervisory stringency, payout restrictions, and bank equity prices	66
Banks’ investments in fintech ventures	63
Social capital, finance, and consumption: Evidence from a representative sample of Chinese households	62
Does FinTech coverage improve the pricing efficiency of capital market? Evidence from China	56
Common institutional ownership and corporate social responsibility	56
Financial Sector Policy Response to COVID-19 in Emerging Markets and Developing Economies	56

Money market reforms:The effect on the commercial paper market	54
Monetary easing and the lending concentration channel of monetary policy transmission	54
Employment Protection and Household Mortgage Debt	54
Experiments in finance	53
A new approach to credit ratings	53
The illusion of oil return predictability: The choice of data matters!	53
Modeling the time-varying dynamic term structure of interest rates	46
Political relations and media coverage	46
The effect of institutional herding on stock prices: The differentiating role of credit ratings	44
Intraday momentum in the VIX futures market	44
IPO underperformance and the idiosyncratic risk puzzle	42
The dark side of bank taxes	42
The gradient allocation principle based on the higher moment risk measure	42
Stress tests and information disclosure: An experimental analysis	40
Sign matters: Stock-movement-based trading decisions of individual investors	40
Impact of Price Path on Disposition Bias	39
Signal strength adjustment behavior: Evidence from share repurchases	39
Pension funding and the cross section of stock returns - The case of Germany	38
Competition, coinsurance and moral hazard in banking	37
Do stock-level experienced returns influence security selection?	36
Risk-taking incentives and risk-talking outcomes	35
Stress testing and bank business patterns: A regression discontinuity study	34
How do experienced analysts improve price efficiency?	34
Lease-adjusted productivity measurement	34
Special issue on green and ethical finance	33
Optimal portfolio choice for higher-order risk averters	31
Corporate dollar debt and depreciations: All’s well that ends well?	31
Discretionary loan loss provisioning and bank stock returns: The Role of economic booms and busts	31
Private information in trades, R2, and large stock price movements	30
Common institutional blockholders and tail risk	30
Market shocks and professionals’ investment behavior – Evidence from the COVID-19 crash	30
Religion and insider trading profits	29
Available-for-sale is available for hoarding: When nonfinancial firms hold financial assets	29
Trading volume and liquidity provision in cryptocurrency markets	28
The positive externalities of leveraged buyouts	28
Heterogeneous beliefs in macroeconomic growth prospects and the carry risk premium	28
Country financial development and the extension of trade credit by firms with market power	28
Human capital quality and stock returns	28
Exploiting the dynamics of commodity futures curves	28
Buy low, sell high? Do private equity fund managers have market timing abilities?	28
How free is free? Retail trading costs with zero commissions	27
Corporate noncompliance: Do corporate violations affect bank loan contracting?	27
Do foreign institutions avoid investing in poorly CSR-performing firms?	26
Capital requirements, mortgage rates and house prices	26
How do investors trade R&D-intensive Stocks? Evidence from hedge funds and other institutional investors	26
The role of CDS spreads in explaining bond recovery rates	26
The pricing of carbon risk in syndicated loans: Which risks are priced and why?	26
Fintech and big tech credit: Drivers of the growth of digital lending	26
Good idiosyncratic volatility, bad idiosyncratic volatility, and the cross-section of stock returns	25
Algorithmic trading and market quality: International evidence of the impact of errors in colocation dates	25

Shrouding and the FX trades of global custody bank	25
Heterogeneous inflation and deflation experiences and savings decisions during German industrialization	25
A large creditor in contagious liquidity crises	25
Editorial Board	25
Leveraging intellectual property: The value of harmonized enforcement regimes	25
The way forward for banks during the COVID-19 crisis and beyond: Government and central bank responses, threats to the global banking industry	24
Bank affiliation and timing ability of mutual funds: Evidence from China	24
Do local investors know more? Evidence from securities class actions	24
Operational loss recoveries and the macroeconomic environment: Evidence from the U.S. banking sector	24
Complexity and the default risk of mortgage-backed securities	23
Global weather-based trading strategies	23
Government guarantees and bank liquidity creation around the world	23
Shadow loans and regulatory arbitrage: Evidence from China	23
Belief dispersion in the Chinese stock market and fund flows	23
Natural disasters and market manipulation	23
Information asymmetry and the profitability of technical analysis	23
Cross-asset time-series momentum: Crude oil volatility and global stock markets	22
Economic policy uncertainty and corporate bond liquidity	22
Common ownership, price informativeness, and corporate investment	22
Bank competition and corporate employment: Evidence from the geographic distribution of bank branches in China	22
Downside risk and the performance of volatility-managed portfolios	22
Market-based private equity returns	22
Does maker-taker limit order subsidy improve market outcomes? Quasi-natural experimental evidence	22
Editorial Board	21
Complexity of global banks and the implications for bank risk: Evidence from foreign banks in Hong Kong	21
Editorial Board	21
Central bank liquidity facilities and market making	20
Interest rates, cash and short-term investments	20
Leverage constraints and investors' choice of underlyings	20
Option-based intermediary leverage	19
Can star analysts make superior coverage decisions in poor information environment?	19
The effect of labour protection laws on the relationship between leverage and wages	19
Does government debt impede firm innovation? Evidence from the rise of LGFVs in China	19
A stochastic programming model for dynamic portfolio management with financial derivatives	18
Back to the roots of internal credit risk models: Does risk explain why banks' risk-weighted asset levels converge over time?	18
Impact of risk oversight functions on bank risk: Evidence from the Dodd-Frank Act	18
Erratum to “Corporate voluntary disclosure via WeChat” [Journal of Banking & Finance 176 (2025)/107393]	18
The impact of COVID-19 pandemic on bank lending around the world	18
What can we learn from firm-level jump-induced tail risk around earnings announcements?	18
Patented knowledge capital and implied equity risk premium	18
The good, the bad, and the not-so-ugly of credit booms?: capital allocation and financial constraints	17
Market discipline, regulation and banking effectiveness: Do measures matter?	17
Downside risk and the cross-section of cryptocurrency returns	17
Social capital and the cost of bank equity: Cross-country evidence	17
Bank complexity, governance, and risk	17
The effect of bank recapitalization policy on credit allocation, investment, and productivity: Evidence from a banking crisis in Japan	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
Binding ties in the supply chain and supplier capital structure	16
The cost of foreign-currency lending	16
What drives a firm's ES performance? Evidence from stock returns	16
Inventor CEOs and financing of innovation: Evidence from IPOs	16
The tax shield increases the interest rate	16
Tuesday Blues and the day-of-the-week effect in stock returns	16
Cross-country determinants of market efficiency: A technical analysis perspective	16
Environmental regulation and financial stability: Evidence from Chinese manufacturing firms	16
Digital finance and financial literacy: Evidence from Chinese households	16
Structural estimation of counterparty credit risk under recovery risk	16
Have ratings become more accurate?	15
A test of the Modigliani-Miller theorem, dividend policy and algorithmic arbitrage in experimental asset markets	15
Distressed firms, zombie firms and zombie lending: A taxonomy	15
Reprint of: COVID-19, lockdowns, and the municipal bond market	15
Demand for financial advice: Evidence from a randomized choice experiment	15
Blockholder board representation and debt contracting	15
Information spillovers and cross monitoring between the stock market and loan market	15
Financial liberalization and house prices: Evidence from China	15
Stock market experience and investor overconfidence: Do investors learn to be overconfident?	15
Corporate restructuring and creditor power: Evidence from European insolvency law reforms	14
Banking Market Structure and Trade Shocks	14
Editorial Board	14
Game in another town: Geography of stock watchlists and firm valuation	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
Chasing the ESG factor	14
Editorial Board	14
Artificial intelligence and systemic risk	14
Bank regulation and supervision: A symbiotic relationship	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

Industrial policy and asset prices: Evidence from the Made in China 2025 policy	14
Editorial Board	14
A bank's optimal capital ratio: A time-varying parameter model to the partial adjustment framework	14
Can Real Options Explain the Skewness of Stock Returns?	14
Personal bankruptcy and post-bankruptcy liquidity constraint	13
A shrinkage approach for Sharpe ratio optimal portfolios with estimation risks	13
Detecting political event risk in the option market	13
Strategic supply management and mechanism choice in government debt auctions: An empirical analysis from the Philippines	13
Measuring the impact of changing deposit insurance coverage levels: Findings from Colombia	13
Disclosure rules, controlling shareholders, and trading activity in the new issues market	13
Crowdedness, mispricing, crashes, and spikes	13
Editorial Board	13
Leverage and the cost of capital for U.S. banks	13
The market impact of predictable flows: Evidence from leveraged VIX products	13
Editorial Board	12
Editorial Board	12
Do internal capital markets in business groups mitigate firms' financial constraints?	12
The dynamics of non-performing loans during banking crises: A new database with post-COVID-19 implications	12
When school ties meet geography: Education-province bias in mutual fund portfolios	12
Non-recourse mortgage law and housing speculation	12
The capital gain lock-in effect and seasoned equity offerings	12
When expectations of implicit government guarantees diminished, do retail stock investors run away?	12
Reprint of: Delegated asset management and performance when some investors are unsophisticated	12
IPO underpricing and limited attention: Theory and evidence	12
Discretion in pay ratio estimation	12
Post-crisis regulations, market making, and liquidity in over-the-counter markets	12
In Memoria Giorgio and Emilia Szegő A special issue on institutions, risk measures, and portfolio optimization	12
What are reference rates for?	12
Under-reaction in the sovereign CDS market	12
The sources of value creation in acquisitions of intangible assets	12
Incentive contracting in the shadow of litigation risk: Evidence from universal demand laws	12
Banking relationship, information reusability, and acquisition loans	12
How does corporate culture affect IPO price formation?	11
Marginals versus copulas: Which account for more model risk in multivariate risk forecasting?	11
What drives the dispersion anomaly?	11
Does regulatory and supervisory independence affect financial stability?	11
Editorial Board	11
When should retirees tap their home equity?	11
Coherent risk measures alone are ineffective in constraining portfolio losses	11
Risk-adjusted return managed carry trade	11
How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America	11
Fiduciary duty and corporate social responsibility: Evidence from corporate opportunity waiver	11
Is bank misconduct related to social capital? Evidence from U.S. banks	11
Editorial Board	11
COVID-19 and bank branch lending: The moderating effect of digitalization	11
Vulnerable funding in the global economy	11
The Banker’s oath and financial advice	11
Economic activity and the bank credit channel	11
Do intangibles matter for corporate policies? Evidence from organization capital and corporate payout choices	11
Blessing or curse? Institutional investment in leveraged ETFs	11
Double the insurance, double the funds?	11
Bank foreign assets, government support and international spillover effects of sovereign rating events on bank stock prices	11
Is lending distance really changing? Distance dynamics and loan composition in small business lending	11
Political promotion incentives and banking supervision: Evidence from a quasi-natural experiment in China	10
Supply, demand, and risk premiums in electricity markets	10
Debt-stabilizing properties of GDP-linked securities: A macro-finance perspective	10
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	10
CEO relative age at school entry and corporate risk-taking	10
Risk and control in complex banking groups	10
IPO quantity revisions	10
Regulatory and bailout decisions in a banking union	10
Investor sentiment and asset prices: Evidence from the ex-day	10
Forecasting Value at Risk and expected shortfall using a model with a dynamic omega ratio	10
Assessing and mitigating fire sales risk under partial information	10
The market for corporate control and firm information environment: Evidence from five decades of data	10
Do Hedge Funds Value Sell-Side Analysts Differently?	10
Household willingness to take financial risk: Stockmarket movements and life‐cycle effects	10
Banks’ complexity-risk nexus and the role of regulation	10
Cybercrime on the ethereum blockchain	10
Stock valuation during the COVID-19 pandemic: An explanation using option-based discount rates	10
Enhanced momentum strategies	10
Trust and local bias of individual investors	10
Longs, shorts, and the cross-section of stock returns	10
Short selling and product market competition	10
Time is money: Real effects of relationship lending in a crisis	10
Low interest rates and banks’ interest margins: Does belonging to a banking group matter?	10
Insider trading regulation and shorting constraints. Evaluating the joint effects of two market interventions.	10
Editorial Board	10
Modeling and pricing credit risk with a focus on recovery risk	10