Journal of Corporate Finance

Article	Citations
Firms and social responsibility: A review of ESG and CSR research in corporate finance	782
Does CSR matter in times of crisis? Evidence from the COVID-19 pandemic	265
Fintech and access to finance	171
Navigating through economic policy uncertainty: The role of corporate cash holdings	159
Fintech, financial constraints and innovation: Evidence from China	145
Does board gender diversity affect renewable energy consumption?	144
The impact of climate change on the cost of bank loans	139
Carbon risk and corporate capital structure	131
Powerful CEOs and stock price crash risk	117
CEOs' hometown connections and access to trade credit: Evidence from China	111
Does media coverage deter firms from withholding bad news? Evidence from stock price crash risk	109
Investor rewards to environmental responsibility: Evidence from the COVID-19 crisis	106
The real effect of partial privatization on corporate innovation: Evidence from China's split share structure reform	106
Corporate social responsibility, product market perception, and firm value	101
Digital Tulips? Returns to investors in initial coin offerings	101
Dividends and economic policy uncertainty: International evidence	98
Corporate board reforms around the world and stock price crash risk	98
Institutional investors and post-ICO performance: an empirical analysis of investor returns in initial coin offerings (ICOs)	95
Does carbon risk matter for corporate acquisition decisions?	94
Directors with foreign experience and corporate tax avoidance	91
CEO-director ties and labor investment efficiency	91
Institutional investors' horizons and corporate employment decisions	88
CEO early-life disaster experience and stock price crash risk	86
Natural disasters, risk salience, and corporate ESG disclosure	85
Does good luck make people overconfident? Evidence from a natural experiment in the stock market	82

Integrating corporate social responsibility criteria into executive compensation and firm innovation: International evidence	82
Do employee-friendly firms invest more efficiently? Evidence from labor investment efficiency	81
Labor cost, government intervention, and corporate innovation: Evidence from China	80
Internal controls, risk management, and cash holdings	80
ESG government risk and international IPO underpricing	79
The influence of economic policy uncertainty on corporate trade credit and firm value	78
Climate risk: The price of drought	77
Is social capital associated with corporate innovation? Evidence from publicly listed firms in the U.S	77
Organizational capital, corporate tax avoidance, and firm value	71
Twenty-five years of the Journal of Corporate Finance: A scientometric analysis	71
Trust and innovation: Evidence from CEOs' early-life experience	69
Government intervention and firm investment	68
Varieties in state capitalism and corporate innovation: Evidence from an emerging economy	68
Economic policy uncertainty and short-term financing: The case of trade credit	68
The impact of blockchain related name changes on corporate performance	67
CEO overconfidence and corporate cash holdings	66
Does external uncertainty matter in corporate sustainability performance?	65
Annual report readability and the cost of equity capital	65
Capital markets, financial institutions, and corporate finance in China	63
CEO risk-taking incentives and corporate social responsibility	63
Lead independent directors and investment efficiency	63
Banks and the real economy: An assessment of the research	61
Fiduciary duty or loyalty? Evidence from co-opted boards and corporate misconduct	57
Does national culture affect corporate innovation? International evidence	57
Business sustainability factors and stock price informativeness	57
Stakeholders and the stock price crash risk: What matters in corporate social performance?	56
Higher education and corporate innovation	56
The future of financial fraud	56
Does gender diversity on banks' boards matter? Evidence from public bailouts	55
Efficiency wages as gift exchange: Evidence from corporate innovation in China	52
Quality revealing versus overstating in equity crowdfunding	52
Stereotypes in financial literacy: Evidence from PISA	51
Gender diversity and bank misconduct	50
Mandatory CSR expenditure and stock market liquidity	50
Haste doesn't bring success: Top-down amplification of economic growth targets and enterprise overcapacity	49
Air pollution and employee treatment	48
Does bankruptcy law improve the fate of distressed firms? The role of credit channels	48
Feeling right at home: Hometown CEOs and firm innovation	48
Which criteria matter when impact investors screen social enterprises?	46
Does takeover activity affect stock price crash risk? Evidence from international M&A laws	46
Confucianism, successor choice, and firm performance in family firms: Evidence from China	45
Financial distress risk and stock price crashes	45
Trade credit and stock liquidity	45
It’s who you know that counts: Board connectedness and CSR performance	44
The information transfer effects of political connections on mitigating policy uncertainty: Evidence from China	44
Multiple blockholders and earnings management	44
Multinationality and the value of green innovation	43
Corporate governance and cash holdings: Evidence from worldwide board reforms	43
Natural disasters and analysts' earnings forecasts	43
Asset redeployability and the choice between bank debt and public debt	43

Institutional investor distraction and earnings management	42
The role of equity compensation in reducing inefficient investment in labor	42
Shareholder litigation rights and capital structure decisions	41
Female CFOs, leverage and the moderating role of board diversity and CEO power	41
To pollute or not to pollute: Political connections and corporate environmental performance	41
Board co-option and default risk	41
Do political connection disruptions increase labor costs in a government-dominated market? Evidence from publicly listed companies in China	41
Fraud commitment in a smaller world: Evidence from a natural experiment	40
Intangible intensity and stock price crash risk	40
Entrepreneurs' facial trustworthiness, gender, and crowdfunding success	39
What do insiders know? Evidence from insider trading around share repurchases and SEOs	38
When green meets green	38
Managerial ability, corporate social culture, and M&As	38
Do banks price environmental transition risks? Evidence from a quasi-natural experiment in China	38
Does easing access to foreign financing matter for firm performance?	37
Selling to buy: Asset sales and acquisitions	37
The gender gap in bank credit access	37
Have banks caught corona? Effects of COVID on lending in the U.S.	37
The color of shareholders' money: Institutional shareholders' political values and corporate environmental disclosure	37
Does stakeholder orientation matter for earnings management: Evidence from non-shareholder constituency statutes	37
Peer influence on trade credit	36
Stock price effects of climate activism: Evidence from the first Global Climate Strike	36
Non-controlling large shareholders in emerging markets: Evidence from China	35
Information manipulation in equity crowdfunding markets	34
The unintended real effects of short selling in an emerging market	34
Need for speed: High-speed rail and firm performance	34
Implicit government guarantees and credit ratings	33
Policy uncertainty and the capital shortfall of global financial firms	32
National Culture and the Value Implications of Corporate Environmental and Social Performance	32
Securities litigation and corporate tax avoidance	32
The differential impact of corporate blockchain-development as conditioned by sentiment and financial desperation	32
Terrorist attacks, investor sentiment, and the pricing of initial public offerings	32
Value relevance of the new environmental enforcement regime in China	31
Do CEO beliefs affect corporate cash holdings?	31
Does religiosity influence venture capital investment decisions?	31
Political connection, CEO gender, and firm performance	31
Does privatization reform alleviate ownership discrimination? Evidence from the Split-share structure reform in China	30
The failure of Chinese peer-to-peer lending platforms: Finance and politics	30
Transactional and relational approaches to political connections and the cost of debt	30
The dark side of CEO social capital: Evidence from real earnings management and future operating performance	30
Returns and network growth of digital tokens after cross-listings	30
CEO political preference and credit ratings	30
Emerging market corporate leverage and global financial conditions	29
Stock liquidity and corporate labor investment	29
The impact of monetary policy on M&A outcomes	29
Is equity crowdfunding always good? Deal structure and the attraction of venture capital investors	29
Corporate failures: Declines, collapses, and scandals	28
How does uncertainty influence target capital structure?	28
Corporate Twitter use and cost of equity capital	28
Investment, leverage and political risk: Evidence from project-level FDI	27
Do disclosures of selective access improve market information acquisition fairness? Evidence from company visits in China	27
Post-privatization state ownership and bank risk-taking: Cross-country evidence	27
Customer concentration and M&A performance	27
Do external labour market incentives constrain bad news hoarding? The CEO's industry tournament and crash risk reduction	27
Politician as venture capitalist: Politically-connected VCs and IPO activity in China	27
Corporate managerial ability, earnings smoothing, and acquisitions	26
Local peer effects of corporate social responsibility	26
Board reforms and debt choice	26
Are CEOs judged on their companies' social reputation?	26
Shareholder litigation rights and stock price crash risk	26
The effect of relationship banking on firm efficiency and default risk	26
Time for gift giving: Abnormal share repurchase returns and uncertainty	26
Access to internal capital, creditor rights and corporate borrowing: Does group affiliation matter?	25
Board connections and crisis performance: Family, state, and political networks	25
Gender board diversity and the cost of bank loans	25
Revisiting acquirer returns: Evidence from unanticipated deals	25
Is language an economic institution? Evidence from R&D investment	25
Insider trading patterns	25
Spillover effects of government initiatives fostering entrepreneurship on the access to bank credit for entrepreneurial firms in Europe	24
Protection of proprietary information and financial reporting opacity: Evidence from a natural experiment	24
Shareholder litigation rights and corporate acquisitions	24
Institutional dual holdings and risk-shifting: Evidence from corporate innovation	24
Do the resignations of politically connected independent directors affect corporate social responsibility? Evidence from China	24
State ownership and stock liquidity: Evidence from privatization	24
The power of Connections: Evidence from financial companies	24
Corporate financing of investment opportunities in a world of institutional cross-ownership	24
Political corruption and mergers and acquisitions	24
Institutional investment horizons, corporate governance, and credit ratings: International evidence	23
Attention! Distracted institutional investors and stock price crash	23
The impact of short-selling pressure on corporate employee relations	23

Does trust matter for the cost of bank loans?	23
Competition Policy and the Profitability of Corporate Acquisitions	23
The party school education and corporate innovation: Evidence from SOEs in China	23
Diversity and women in finance: Challenges and future perspectives	22
Does exposure to product market competition influence insider trading profitability?	22
Does gender diversity in the workplace mitigate climate change?	22
Does the Dodd-Frank Act reduce the conflict of interests of credit rating agencies?	22
How alternative finance informs central themes in corporate finance	22
Mandatory corporate social responsibility and foreign institutional investor preferences	22
Worldwide short selling regulations and IPO underpricing	21
Natural disasters and economic growth: The role of banking market structure	21
Confidence and capital raising	21
Institutional investor horizon and bank risk-taking	21
One way out of the share pledging quagmire: Evidence from mergers and acquisitions	21
Bank competition and financing efficiency under asymmetric information	21
Major shareholders’ trust and market risk: Substituting weak institutions with trust	21
How does greater bank competition affect borrower screening? Evidence from China's WTO entry	20
Economic policy uncertainty and cross-border lending	20
A comparative analysis of ex ante credit spreads: Structured finance versus straight debt finance	20
Internal coalition and stock price crash risk	20
The rise of decentralized cryptocurrency exchanges: Evaluating the role of airdrops and governance tokens	20
Bank power, block ownership, boards and financial distress likelihood: An investigation of Spanish listed firms	20
#MeToo: Sexual harassment and company value	20
Credit rationing in P2P lending to SMEs: Do lender-borrower relationships matter?	20
Political Control, Corporate Governance and Firm Value: The Case of China	20
Foreign residency rights and corporate cash holdings	20
Let us work together: The impact of customer strategic alliances on IPO underpricing and post-IPO performance	20
Bank regulatory size thresholds, merger and acquisition behavior, and small business lending	20
CSR contracting and performance-induced CEO turnover	20
The effect of managers on M&As	19
CEO power and the likelihood of paying dividends: Effect of profitability and cash flow volatility	19
Do stress tests affect bank liquidity creation?	19
Large shareholder ownership types and board governance	19
Venture capital and corporate social responsibility	19
Macroeconomic news and acquirer returns in M&As: The impact of investor alertness	19
Foreign institutional ownership and the speed of leverage adjustment: International evidence	19
CEO inside debt and internal capital market efficiency	19
The effect of board gender diversity on cross-listing	19
Managerial entrenchment and capital structure: The effect of diversification	18
Does local competition and firm market power affect investment adviser misconduct?	18
Sentiment analysis and gender differences in earnings conference calls	18
Board monitoring, director connections, and credit quality☆	18
Executive compensation and corporate risk-taking: Evidence from private loan contracts	18
What's good for you is good for me: The effect of CEO inside debt on the cost of equity	18
CEO overconfidence and bank loan contracting	18
Firms' rationales for CEO duality: Evidence from a mandatory disclosure regulation	18
Managerial liability and corporate innovation: Evidence from a legal shock	18
Seasoned equity crowdfunded offerings	17
Has persistence persisted in private equity? Evidence from buyout and venture capital funds	17
The role of directors with related supply chain industry experience in corporate acquisition decisions	17
Do CFOs matter? Evidence from the M&A process	17
Lean against the wind: The effect of policy uncertainty on a firm's corporate social responsibility strategy	17
Courting innovation: The effects of litigation risk on corporate innovation	17
The influence of the media on government decisions: Evidence from IPOs in China	17
The effect of geographic proximity on corporate tax avoidance: Evidence from China	17
Does economic policy uncertainty drive the initiation of corporate lobbying?	17
Employee protection shocks and corporate cash holdings	17
When rain matters! Investments and value relevance	17
The finance of climate change	17
Earnings management by classification shifting and IPO survival	17
Soft activism and corporate dividend policy: Evidence from institutional investors site visits	17
Non-executive ownership and private loan pricing	17
Outsourcing flexibility under financial constraints	17
The relevance of investor rights in crowdinvesting	17
Depoliticization and corporate cash holdings: Evidence from the mandated resignation of directors in China	17