Journal of Corporate Finance

Article	Citations
Insider pledging: Its information content and forced sale	374
Long-term institutional investors and climate change news Beta	213
Can employee welfare policies insure workers against fluctuations in employment?	168
Pre-IPO hype by affiliated analysts: Motives and consequences	137
Greening through trade	133
Buffing firm innovation by lobbying	116
Product market competition with CDS	88
Imbalanced ESG investing?	86
Labor unions and real earnings management	83
Non-financial corporations and systemic risk	83
Corporate ownership and ESG performance	80
Judicial independence and crash risk: Evidence from a natural experiment in China	70
Mergers and acquisitions with private equity intermediation	66
Board directors' foreign experience and firm dividend payouts	64
Have banks caught corona? Effects of COVID on lending in the U.S.	62
Venture capitalist directors and managerial incentives	61
Zombie lending due to the fear of fire sales	60
Economic magnitudes within reason	59
Earnings announcements in China: Overnight-intraday disparity	56
Quantifying the legacy of trauma: The long-term impact of the African slave trade on contemporary firm corruption	56
Interest rate uncertainty and the investment/financing decisions	56
Signaling through timing of stock splits	56
Corporate divestitures around acquisitions	55
Right-to-Work laws and corporate innovation	55
The real impacts of third-party certification on green bond issuances: Evidence from the Chinese green bond market	55

Exposures to common shocks along supply chains and relative performance evaluation in CEO compensation contracts	53
Do options trading activities affect underlying firms' asymmetric cost behavior?	52
Serving multiple ‘masters’: Evidence from the loan decisions of a publicly listed state-owned bank around a massive economic stimulus programme	51
Learning and staged equity financing	51
Inventory investment and the choice of financing: Does financial development play a role?	49
Anti-collusion leniency legislations and IPO activity: Worldwide evidence	49
Editorial Board	47
Leggso: Financing experimentation	47
Liquidity and clientele effects in green debt markets	46
Bank market power and financial reporting quality	46
CEO overconfidence and bondholder wealth effects: Evidence from mergers and acquisitions	44
Government contracts and labor investment efficiency	43
Taking no chances: Lender concentration and corporate acquisitions	42
Institutional voids and business group dynamics: Evidence from judicial reform in China	42
Local religiosity and financial advisor misconduct	41
Dividend taxation and the ownership structure of private firms	40
Islamic bonds ratings and the price of risk	38
Corporate socio-political activism and retail investors: Evidence from the Black Lives Matter campaign	38
Do bank shocks affect physical or R&D investments more? Evidence from Japan	38
Director networks and firm value	37
A review of DAO governance: Recent literature and emerging trends	37
Political uncertainty and institutional herding	36
The impact of delay: Evidence from formal out-of-court restructuring	36
Credit default swaps, the leverage effect, and cross-sectional predictability of equity and firm asset volatility	36
Editorial Board	35
Pandemics and financial development: A lesson from the 1918 influenza pandemic	35
Dividend hibernation and future earnings: When no dividend news is good news	35
May the force be with you: Investor power and company valuations	35
Money isn't everything: Compensation of locally educated executives	34
Polarized corporate boards	34
Tightening monetary policy and investment dynamics in the European Monetary Union: Firm- and country-level heterogeneity	34
Social diversity in corporate boards and firm outcomes	33
The intangible shift: Redefining the dynamics of market-to-book ratios	33
Major customers and carbon footprints along the supply chain	33
Informed options trading before FDA drug advisory meetings	33
Sunshine-induced mood and SEO pricing: Evidence from detailed investor bids in SEO auctions	32
CSR contracting and performance-induced CEO turnover	32
Speculative bubbles under supply constraints, background risk and investment fraud in the art market	31
Board gender diversity and responsible banking during the COVID-19 pandemic	31
Does farming culture shape household financial decisions?	30
Managerial incentives and trade credit: Evidence from China's EVA appraisal reform among CSOEs	30
Does marriage equality promote credit access? Evidence from same-sex marriage laws	30
Robust inference in single firm/single event analyses	29
Do “say-on-pay” votes affect M&A decisions?	29
The impact of automation on firms' reporting quality	29
Risk, return, and environmental and social ratings	28
Strategic flexibility: How rent-seeking behavior enables firms to adapt to uncertainty	28
Competition and the value of innovation	28
Beneficiary investor monitoring and asset manager engagement	28
The bright side of the internal labor market: Evidence from the labor cost stickiness of firms affiliated with privately owned business groups in China	28

Employee stock options and innovation: Evidence from an exogenous shock to employee intellectual property rights	28
Early-stage venture financing	28
Customer identity concealing and insider selling profitability: Evidence from China	27
Unpacking the black box of ICO white papers: A topic modeling approach	27
U.S. multinationals' alternatives to paying taxes	26
Duration of executive compensation and maturity structure of corporate debt	26
Innovation beyond firm boundaries: Strategic alliances and corporate innovation	26
Financing constraints and share pledges: Evidence from the share pledge reform in China	26
Debt structure and debt overhang	26
Foundation ownership and sustainability	25
(Black)Rock the vote: Index funds and opposition to management	25
The Long-term effect of social disasters on stock market participation	25
Innovation for promotion: The effect of executive involvement on inventors' innovation choice	25
Automation cost flexibility and firm value	25
Executive incentives under common ownership	24
Seasoned equity crowdfunded offerings	24
Early individual stakeholders, first venture capital investment, and exit in the UK startup ecosystem	24
The anatomy of corporate securitizations and contract design	24
Corporate diversification, investment efficiency and the business cycle	24
Offshore activities and corporate tax avoidance	23
Prosocial CEOs and the cost of debt: Evidence from syndicated loan contracts	23
The role of personal income taxes in corporate investment decisions	23
Outside director social network centrality and turnover before stock performance crash: A friend in need?	23
Do gender diverse boards enhance managerial ability?	23
Relationship-based debt financing of Chinese private sector firms: The role of social connections to banks versus political connections	22
Does commercial reform embracing digital technologies mitigate stock price crash risk?	22
The finance of climate change	21
Individual investors matter: The effect of investor-firm interactions on corporate earnings management	21
Overlapping institutional ownership along the supply chain and earnings management of supplier firms	21
Cybersecurity risk and corporate innovation	21
A primer on oracle economics	21
Naïve or sophisticated? Information disclosure and investment decisions in peer to peer lending	21
Dynamic incentive contracts for ESG investing	21
R&D tax credits, technology spillovers, and firms' product convergence	20
Corporate investment and growth opportunities: The role of R&D-capital complementarity	20
Stakeholder preference and strategic corporate social responsibility	20
Dark trading volume and market quality: A natural experiment	20
Adoption of central bank digital currencies: Initial evidence from China	20
Director self-dealing: Evidence from compensation peer groups	20
Does corrupt practice increase the implied cost of equity?	20
CEO personality traits, strategic flexibility, and firm dynamics	20
Asymmetric response to earnings news across different sentiment states: The role of cognitive dissonance	20
Editorial Board	19
Decomposing value gains – The case of the best leveraged buy-out ever	19
Volatility of implied volatility and mergers and acquisitions	19
Foreign competition and CEO risk-incentive compensation	19
Which antitakeover provisions deter takeovers?	19
Impact of internal governance on investment policy: Evidence from CEO voluntary turnovers	19
The informational consequences of good and bad mergers	19
The information value of M&A press releases	19
Influential independent directors' reputation incentives: Impacts on CEO compensation contracts and financial reporting	18
The information advantage of industry common owners and its spillover effect on stock price crash risk	18
Individualism, formal institutional environments, and bank capital decisions	18
Hostile takeovers or friendly mergers? Real options analysis	18
Regulation and information costs of sovereign distress: Evidence from corporate lending markets	18
Labor-saving innovations and capital structure	18
Bankers’ pay and the evolving structure of US banking	17
The real impacts of public short campaigns: Evidence from stakeholders	17
Law and borders: Entrepreneurs' immigration status and trade credit	17
Corporate site visit and tax avoidance: The effects of monitoring and tax knowledge dissemination	17
Market pressure or regulatory pressure? U.S. small bank pre-emptive IT investment to data privacy regulation	17
Seeking efficiency or price gouging? Evidence from pharmaceutical mergers	17
The dark side of asset redeployability through the lens of corporate employment decisions	17
The ripple effect: How subsidies transform firm behavior	17
Natural disasters, risk salience, and corporate ESG disclosure	17
Pricing of project finance bonds: A comparative analysis of primary market spreads	16
Backing away from ESG? The effect of sovereign rating downgrades on corporate sustainability	16
Supply chain vertical common ownership and cost of loans	16
The role of divestitures in horizontal mergers	16
Customer orientation and stock resilience during adversity periods	16
The role of individual investment bankers in IPO pricing: Evidence from investor bidding behavior	16
Firms save from bonds but not from loans	16
Institutional dual ownership and voluntary greenhouse gas emission disclosure	15
Opioid epidemic and corporate innovation	15
Natural disasters and firm leasing: A collateral channel	15
Economic preferences for risk-taking and financing costs	15
Investor–firm interactions and corporate investment efficiency: Evidence from China	15
Managers' cultural origin and corporate response to an economic shock	15
Can a not-for-profit minority institutional shareholder make a big difference in corporate governance? A quasi-natural experiment	15
The role of financial constraints in firm investment under pollution abatement regulation	15

Mandatory corporate social responsibility and foreign institutional investor preferences	14
The long-term effects of loan guarantees on SME performance	14
Corrigendum to “Corporate board reforms around the world and stock price crash risk” 62 (2020) 101557	14
Environmental regulations, supply chain relationships, and green technological innovation	14
Green credit and its obstacles: Evidence from China's green credit guidelines	14
Societal secrecy and IPO underpricing	14
Editorial: Ownership and corporate social and sustainable policies	14
Corporate governance reforms, societal trust, and corporate financial policies	14
To pollute or not to pollute: Political connections and corporate environmental performance	14
Green banking illusion? The influence of “Eco-Conscious” bank shareholders on credit allocation	14
Machine Learning for the Unlisted: Enhancing MSME Default Prediction with Public Market Signals	14
Governance, information flow, and stock returns	13
Divided we fall: Congressional cycles, the stock market and firm performance	13
Understanding stock price behavior around external financing	13
Editorial Board	13
Editorial Board	13
The equity value implications of court ideology: Evidence from federal judge turnover	13
Editorial Board	13
Why are distressed firms acquisitive?	12
New international flight routes and MNCs' investment	12
Making honest men of them: Institutional investors, financial reporting, and the appointment of female directors to all-male boards	12
The impact of product market competition on workplace safety	12
The crypto multiplier	12
How alternative finance informs central themes in corporate finance	12
A shot in the arm: Economic support packages and firm performance during COVID-19	11
The effect of geographic proximity on corporate tax avoidance: Evidence from China	11
Are family and friends the wrong investors? Evidence from U.S. start-ups	11
Editorial Board	11
CEOs' narcissism and opportunistic insider trading	11
Fintech, financial constraints and innovation: Evidence from China	11
Benchmarking private equity: The direct alpha method	11
The influence of media slant on short sellers	11
Does tax reform affect labor investment efficiency?	11
The role of the end time in experimental asset markets	11
Changes in CEO stock option grants: A look at the numbers	11
Mutual funds' capital gains lock-in and earnings management	11
Underwriter incentives and IPO pricing	10
Innovation Success and Capital Structure	10
Illuminating the murk: The effect of business complexity on voluntary disclosure	10
National identity and foreign directors' access to private information	10
Contingent convertible bonds: Optimal call strategy and the impact of refinancing	10
Boards of Banks	10
Are all activists created equal? The effect of interventions by hedge funds and other private activists on long-term shareholder value	9
Stock liquidity and corporate labor investment	9
Do firms manage their share prices to mitigate investor short-termism?	9
Callable or convertible debt? The role of debt overhang and covenants	9
Do younger CEOs really increase firm risk? Evidence from sudden CEO deaths	9
CEO cultural heritage and corporate social responsibility	9
One false step can make a great difference: Does corporate litigation cause the exit of the controlling shareholder?	9
Corporate insider purchases and the options market: Competition among informed investors	9
Editorial Board	9
Regional redistribution through SBA guaranteed loan programs	9
The effect of social connections on capital structure in supplier-customer relationships	9
Editorial Board	9
Boardroom networks and corporate investment	9
Does environmental and social performance affect pricing efficiency? Evidence from earnings conference call tones	9
JCF special issue on private equity editorial	9
Networks and information in credit markets	9
Ancestral connections and corporate alliances	9
Rookie directors and board efficacy	9
Gender bias, board diversity, and firm value: Evidence from a natural experiment	8
Industrial policy and governmental venture capital: Evidence from China	8
Subsidizing uncertain investments: The role of production technology and imprecise learning	8
Editorial Board	8
Clawback adoptions and institutional investment decisions	8
Executive compensation and secured debt: Evidence from REITs	8
Effectiveness of monitoring, managerial entrenchment, and corporate cash holdings	8
Punishment or deterrence? Environmental justice construction and corporate equity financing––Evidence from environmental courts	8
Editorial Board	8
Iron curtain echoes: The enduring impact of communism and crowdfunding	8
Beta estimation precision and corporate investment efficiency	8
Credit default swaps and corporate debt structure	8
Outside directors' equity incentives and strategic alliance decisions	8
Do investors benefit from MiFID II unbundling?	8
Rating on a behavioral curve	8
Bank liquidity creation and religious observance: Evidence from Ramadan fasting	8
Tunneling through trademarks	7
How did small business respond to unexpected shocks? Evidence from a natural experiment in China	7
How useful are commercial corporate governance ratings? Evidence from emerging markets	7
Processing trade and credit constraints	7
Pledgeability and bank lending technology	7
The stock market valuation of human capital creation	7
Sovereign wealth funds and cost of debt: Evidence from syndicated loans	7
Crowdfunding as gambling: Evidence from repeated natural experiments	7
CEO marital status and dividend policy	7
Unveiling investors' substitution behavior: Stock trading decisions in response to housing market dynamics	7
Geographic networks and spillovers between banks	7
Patent pledgeability, trade secrecy, and corporate patenting	7
Do CFO career concerns matter? Evidence from IPO financial reporting outcomes	7
Shareholder litigation risk and the information environment: Revisiting evidence from two natural experiments	7
The signaling role of trade credit: Evidence from a counterfactual analysis	7
Flood, farms and credit: The role of branch banking in the era of climate change	7
Shadow union in local labor markets and corporate financing policies	7
Editorial Board	7
Predation by stock price manipulation	7