Pacific-Basin Finance Journal

Papers
(The TQCC of Pacific-Basin Finance Journal is 8. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2021-04-01 to 2025-04-01.)
ArticleCitations
Multidimensional connectedness among the volatility of global financial markets around the Russian-Ukrainian conflict175
How does artificial intelligence shock affect labor income distribution? Evidence from China140
Top executives' emotional stability and firm risk-taking: A machine learning-based study137
Regional financial risk and firms' access to trade credit: Evidence from China103
Does bid-ask spread explains the smile? On DVF and DML92
Forecasting VaRs via hybrid EVT with normal and non-normal filters: A comparative analysis from the Chinese stock market90
Insiders' stock pledging disclosures and credit ratings: Evidence from India88
Financial regulation and corporate social responsibility: Evidence from China82
Restrictive bond covenants: Evidence from family firms in China82
A survey of Islamic finance research – Influences and influencers80
Independent directors' reputation incentives and firm performance – an Australian perspective73
Do ethical perceptions help explain under-representation of women in investment management? A comparison of students from the U.S. and China72
The lending implications of loan loss provisioning and monetary policy in Indonesia69
Earnings announcement premium and return volatility: Is it consistent with risk-return trade-off?69
Board sub-committee effectiveness, director attraction and director attrition: Do nomination and remuneration committees matter?66
Sovereign wealth funds as anchor investors in IPOs: Evidence from India65
Return predictability of short-selling and financial distress firms: Evidence from Korean stock market64
Prospect theory and stock returns: Evidence from foreign share markets63
A continuous-time macro-finance model with Knightian uncertainty62
Navigating the “twin titans” of global manufacturing: The impact of US and China on industrial production forecasting in G20 nations61
The evolution of bank revenue and risk in the Asia-Pacific Region57
Return and volatility transmission between emerging markets and US debt throughout the pandemic crisis55
Green credit, carbon emission trading and corporate green innovation: Evidence from China55
Internal capital markets and risk-taking: Evidence from China55
Does gender diversity matter? Female directors and firm carbon emissions in Japan54
Do competition and market structure affect sensitivity of bank profitability to the business cycle?49
China's illiquidity premium: Due to risk-taking or mispricing?47
The role of angel investment for technology-based SMEs: Evidence from China47
Relative performance evaluation and investment efficiency46
Are analysts' cash flow forecasts associated with improved earnings quality? Australian evidence45
Borrow low, lend high: Credit arbitrage by sophisticated investors45
ETF ownership and informational efficiency of underlying stocks: Evidence from China44
Tail comovements of implied volatility indices and global index futures returns predictability44
Hometown-based business associations and M&As performance: Evidence from China43
Where should the money go? The green effect of governmental guidance when sustainable finance impacts brown firms43
The impacts of circuit breakers on China's stock market43
Information technology empowerment and corporate budget control: Evidence from China42
Anti-corruption and within-firm pay gap: Evidence from China39
Charitable CEOs and employee protection39
An empirical evaluation of the salience-based asset pricing model: Evidence from Australia39
Predicting stock splits using ensemble machine learning and SMOTE oversampling39
Momentum investing and a tale of intraday and overnight returns: Evidence from Taiwan38
Does systemic risk affect fund managers' tail risk-taking?37
Time-varying asymmetric tail dependence of international equities markets36
Fixed asset revaluation and external financing during the financial crisis: Evidence from Korea36
Assessing jump and cojumps in financial asset returns with applications in futures markets34
Official visits and stock price crash risk34
Bank credit to SMEs in Japan: Evidence from normal times, the global financial crisis, and the COVID-19 crisis33
Human rights and value of cash: Evidence from Islamic and non-Islamic countries33
Faith-based investments and the Covid-19 pandemic: Analyzing equity volatility and media coverage time-frequency relations32
The role of anti-tax avoidance in tax base flow and international tax competition32
Foreign ownership, institutional distance and mutual fund performance: Evidence from China32
Editorial Board32
Quantile relationship between Islamic and non-Islamic equity markets32
What explains the dispersion effect? Evidence from institutional ownership32
Factors and anomalies in the Vietnamese stock market32
Editorial Board31
Editorial Board31
Saving for the future: Evaluating the sustainability and design of Pension Reserve Funds31
Does the investment-profitability correlation affect the factor premiums? Evidence from China31
Profitability of moving-average technical analysis over the firm life cycle: Evidence from Taiwan30
Demystifying COVID-19 policy actions: The case of inflation control in ASEAN30
Does the q theory of investment work well in China?30
The choice of equity financing: Floating-priced warrants versus SEOs30
Can mergers and acquisitions internalize positive externalities in funding innovation?30
Editorial Board29
Thirst for money: External guarantees and stock price crash risk29
Does betting against beta strategy work in major Asian Markets?29
Editorial Board28
The effect of Tobin's q on investment in a bank-based financial system: Evidence from Japan28
Domestic liquidity of cross-listed stocks: Evidence from the ADR market28
Stop-loss early termination clause and hedge fund performance28
Cognitive ability and household portfolio diversification: Evidence from China28
Do multiple large shareholders matter in financial firms? Evidence from China28
Predictive ability of similarity-based futures trading strategies27
Trade integration and research and development investment as a proxy for idiosyncratic risk in the cross-section of stock returns27
Market intraday momentum: APAC evidence27
Tail risks, firm characteristics, and stock returns27
Surges of cross border capital flow: The impact of digital finance27
Enterprise digital transformation and return comovement of business groups27
Investor sentiment and stock market anomalies: Evidence from Islamic countries27
Information asymmetry in reinsurance through various ceded contracts27
February, share turnover, and momentum in China26
Talk less and do more: Expected strategic adjustments vs. actual changes in the Chinese firms26
CEO-CFO tenure consistency and audit fees26
Does corporate social responsibility reduce share price premium? Evidence from China's A- and H-shares26
Do volatility spillover and hedging among GCC stock markets and global factors vary from normal to turbulent periods? Evidence from the global financial crisis and Covid-19 pandemic crisis26
Forecasting Chinese stock market volatility with option-implied risk aversion: Evidence from extended realized EGARCH-MIDAS approach25
Foreign business exposure, policy uncertainty, and investment allocation decisions of Chinese multinational corporations25
Does trade credit absorb adverse shocks? Evidence on SMEs in Japan25
Can high speed railway curb tunneling? Evidence from the independent directors' monitoring effect in China24
Retrieving almost stochastic Dominance momentum in Taiwan stock market24
National culture and the choice between bank debt and public debt24
Owners’ portfolio diversification and internal capital allocation24
Do CEOs with academic experience add value to firms? Evidence on bank loans from Chinese firms24
Patent collateral and the trajectory of innovation24
Dividend payout policy of Shariah compliant firms: Evidence from United States23
Earnings management, horizon problem, and advisor posts for retiring CEOs23
Financial literacy and retirees' resource allocation decisions in New Zealand23
Long-term impacts of index reconstitutions: Evidence from the CSI 300 additions and deletions23
Environmental preference, air pollution, and fund flows in China23
Political corruption and green innovation23
Two-step price adjustments of IPO book building in Japan22
The effect of Chinese lunar calendar on individual investors' trading22
How does labor protection influence corporate risk-taking? Evidence from China22
The influence of mobile trading on return dispersion and herding behavior22
Environmental risk exposure and executive pay-for-performance sensitivity21
Individual investment banker human capital and SEO discount: Evidence from China21
The pre-IPO dividend and IPO underpricing: Evidence from China21
Digital infrastructure investment and corporate debt concentration: Evidence from a quasi-natural experiment21
CEO remuneration, financial distress and firm life cycle20
The impact of bank fintech on corporate debt default20
Economic policy uncertainty and mutual fund risk shifting20
Agreeing to disagree: Informativeness of sentiments in internet message boards20
Anomalies in the China A-share market20
Is there a time-series momentum effect in the Asian crude oil futures market?20
Does continuous disclosure affect the market reaction to mergers and acquisitions announcements?19
Gender difference in equity portfolio diversification19
Distance, information and bank lending in China19
The effect of voluntary and mandatory corporate social responsibility disclosure on firm profitability: Evidence from China19
Do creditors punish weak banks? Evidence from Indian urban cooperative banks’ failure19
Are pre-opening periods important? Evidence from Chinese market lunch breaks18
Does transition finance policies persistently fuel green innovation in brown firms? Investigating the roles of ESG rating and bank connection18
Mandatory dividend policy and investment efficiency within state-owned business groups18
Geographic disparities in bank lending: Evidence from an auto loan market18
Impact of climate change risks on equity capital: Evidence-based on Chinese markets18
Clan culture and corporate innovation18
How retail investors affect the stock market?18
Does banking competition stimulate regional innovation? Evidence from China18
Banking uncertainty and cash conversion cycle18
The number of bank relationships and bank lending to informationally opaque SMEs18
Does digital transformation speed up dynamic capital structure adjustment? Evidence from China17
Supply chain digitization and corporate maturity mismatch: Evidence from a quasi-natural experiment17
Does government initiated corporate social responsibility lower the default risk? Evidence from the targeted poverty alleviation campaign in China17
Does corporate ESG create value? New evidence from M&As in China17
Stock market volatility spillovers from U.S. to China: The pivotal role of Hong Kong17
How do investors in Chinese stock market react to external uncertainty? An event study to the Sino-US disputes17
Staged subsidies and corporate investments: Evidence from Chinese listed firms17
The changing face of consumer credit: Evidence from a big tech platform in China17
Does investor attention increase stock market volatility during the COVID-19 pandemic?17
Environmental violations and financial distress risk: Evidence from Chinese listed heavily polluting companies16
The belt and road initiative and the over-leverage of securities companies16
Dividend-tax avoidance trade and its impact on the stock market16
Nonlinear dependence and spillovers between cryptocurrency and global/regional equity markets16
Managerial discretion over initial earnings forecasts16
Efficiency and sustainability of bond market: Evidence from aftermarket trading of US corporate bond offerings16
Innovation at the helm: Decoding founder-manager influence in Chinese family firms16
Can Fintech development improve the financial inclusion of village and township banks? Evidence from China16
Does digital credit alleviate household income vulnerability?16
Asymmetry in option implied volatility and yield: Evidence from China's ETF options market,15
Digital economy, innovation, and firm value: Evidence from China15
Economic policy uncertainty and capital flows' tail risk in China15
Local urban investment bonds and the profitability of firms15
The impact of asset-liability maturity mismatch on stock returns: Evidence from China during 1998–202115
Home bias in reward-based crowdfunding and its impact on financing performance: Evidence from China15
Is attention-based stock buying profitable? Empirical evidence from Chinese individual investors14
Firm performance following actual share repurchases: Effects of investment crowding out and financial flexibility14
Public data accessibility and corporate maturity mismatch: Evidence from China14
Return spillover across China's financial markets14
How does corporate ESG performance affect stock liquidity? Evidence from China14
The impact of COVID-19 on the crash risk of registered new shares in China14
Environmental regulation, corporate environmental disclosure, and firm performance: Evidence from China14
COVID-19 and policy responses: Early evidence in banks and FinTech stocks14
Does media spotlight really burn innovation? Evidence from China14
Threat or opportunity? Unveiling the impact of population aging on corporate labor investment efficiency14
How does trade policy uncertainty affect agriculture commodity prices?13
Economic policy uncertainty and corporate innovation: Evidence from China13
The flight to safety during credit recovery: The role of implicit government guarantees13
Pricing family leadership: Evidence from audit fees13
Does gender diversity affect financial strength differently in conventional and Islamic banks? Evidence from MENA countries13
The crowding out effect of central versus local government debt: Evidence from China13
The conjoint effects of corporate social responsibility performance and report tone on financial constraints: Evidence from China13
Do institutional investors' corporate site visits improve ESG performance? Evidence from China13
Overseas R&D and technological innovation: Empirical evidence of Chinese listed companies13
Impact of managerial power on regulatory inquiries from stock exchanges: Evidence from the text tone of Chinese listed companies' annual reports13
Environmental uncertainty, financing constraints and corporate investment: Evidence from China13
Time-varying monetary policy shocks and the dynamics of Chinese commodity prices13
Information bias and its spillover effect on return volatility: A study on stock markets in the Asia-Pacific region13
How do executives respond to biodiversity risk? Evidence from opportunistic stock selling12
Does gender diversity on boards improve bank financial performance in a bank-based financial system? A pre-registered report12
Market participants' trading behavior toward anomalies: Evidence from the Korean market12
To outperform: Sell-in-May enhanced with bond investments12
Do China's anti-corruption campaigns impact art prices? Evidence from Chinese art market12
Geographic proximity and cross-region merger and acquisitions: Evidence from the opening of high-speed rail in China12
Syndicate partner composition of governmental venture capital firms: Evidence from China12
The turn-of-the-month effect and trading of types of investors12
Financial risk soft landing: Government regulatory strategies and the resolution of problematic financial institutions12
Cybersecurity governance and corporate market value: Perspectives from investor trust and supply chain trust12
Financial aid and financial inclusion: Does risk uncertainty matter?12
Low risk, high return: Improving option writing performance with put-call ratios in Taiwan12
Russo-Ukrainian geopolitical tensions: An empirical analysis of corporate investment in Europe12
COVID-19 and investors' trading behavior: Evidence from the New Zealand equity market12
Guaxi and financial exclusion: Empirical evidence from households in China11
Digital transformation and corporate capital structure: Evidence from China11
Corrigendum to “Institutional investor stewardship and material sustainability information: Evidence from Taiwan” [Pacific-Basin Finance Journal 85 (2024) 102382]11
Interlinkages between stability, carbon emissions and the ESG disclosures: Global evidence from banking industry11
The impact of mandatory CSR regulation on corporate financial policy: Evidence from India11
Digital transformation and income inequality within enterprises – Evidence from listed companies in China11
Option profit and loss attribution and pricing in the Chinese options market11
Corruption risk and stock market effects: Evidence from the defence industry11
Negative information hoarding in politically connected firms: The influence from the central environmental protection inspections11
Spillover effects of MSCI inclusion announcement: Evidence and implications from China11
Executive pay restrictions, political promotion, and firm efficiency: Evidence from China11
Environmental regulation, intelligent manufacturing and corporate investment & financing: Evidence from industrial robot investment11
Corrigendum to “Google search intensity and its relationship with returns and trading volume of Japanese stocks” [27 (2014) 1–18]11
Research ideas matter: Guidance for research students and early career researchers11
Economies of scope in the Japanese banking industry11
Impact of financial regulation on labor income share: Evidence from China11
Editorial Board10
Founder ownership and value relevance of IFRS convergence: Role of institutional investors10
To fix or not to fix: The representativeness of the WM/R methodology that underpins the FX benchmark rates. A pre-registered report10
The cash conversion cycle spread in China10
Do fund managers time implied tail risk? — Evidence from Chinese mutual funds10
Economic uncertainty and cross section of stock returns: Australian evidence10
How does digital inclusive finance promote the financial performance of Chinese cultural enterprises?10
Are labor laws and employee welfare complements in determining leverage ratios?10
Digital finance and dividend policy: Evidence from China10
Extreme illiquidity and stock returns: Evidence from Thailand market10
The risk-return relation puzzle10
Editorial Board10
Editorial Board10
Do common institutional owners' activisms deter tax avoidance? Evidence from an emerging economy10
Editorial Board10
Editorial Board10
Pay of political directors in China10
Heterogeneity in shareholder activism: Evidence from Japan9
Digital transformation is not a painless change:Evidence from corporate risk9
Predicting the Australian equity risk premium9
Risk premium principal components for the Chinese stock market9
Political turnover and corporate credit spread: Evidence from China9
Risk-taking and bank competition under a low interest rate environment: Evidence from loan-level data9
How did the oil price affect Japanese yen and other currencies? Fresh insights from the COVID-19 pandemic9
Elucidating Directed Statistical Dependencies: Investigating Global Financial Market Indices' Influence on Korean Short Selling Activities9
Corporate payouts in Australia9
CEO inside debt and downside risk: Evidence from internal and external environments9
The underwriter's conflict of interest and earnings forecast bias in prospectus: Evidence from Hong Kong9
Trade links and return predictability: The Australian evidence9
Financial geographic density and corporate financial asset holdings: Evidence from China9
Leaving the (fund) gate ajar: Investor protection or marketing ploy?9
Pair analyst coverage and return comovement: Evidence from China9
Passive investors and concentration of intraday liquidity: Evidence from the Tokyo Stock Exchange9
Does directors' and officers' liability insurance induce empire building? Evidence from corporate labor investment9
Organization capital and stock price crash risk9
Dealership versus continuous auction: Evidence from the JASDAQ market9
To fix or not to fix, the Fix: Reassessing the effectiveness of the 4 pm Fix. A pre-registered study9
The asymmetric innovation effects of heterogeneous government subsidies: A new perspective from GDP target deviation9
Trend information and cross-sectional returns: The role of analysts8
The effect of the government's green grip: Evidence from government-initiated corporate environmental ratings and corporate debt financing8
Limited attention, managerial multitasking, and hedge fund performance in China8
Confucianism and D&O insurance demand of Chinese listed companies8
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