Journal of Corporate Finance

Papers
(The TQCC of Journal of Corporate Finance is 16. 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
Personal financial incentives, corporate governance, and firms’ campaign contributions341
Explaining the involvement and investment of women in business angel groups: The impact of organizational context and investment experience284
Adoption of central bank digital currencies: Initial evidence from China273
Corporate ownership and ESG performance266
Political corruption, Dodd–Frank whistleblowing, and debt financing161
Dark trading volume and market quality: A natural experiment155
Executive compensation and secured debt: Evidence from REITs153
The internal labor markets of business groups149
Short seller attention136
Fictitious dividend cuts in the CRSP data128
Editorial Board126
Product market competition with CDS121
Editorial Board115
Regional redistribution through SBA guaranteed loan programs105
Callable or convertible debt? The role of debt overhang and covenants102
Director self-dealing: Evidence from compensation peer groups101
Ancestral connections and corporate alliances94
Editorial Board89
JCF special issue on private equity editorial89
Do firms manage their share prices to mitigate investor short-termism?85
Information transfer of CEO turnover: Evidence from firm-CEO mismatch81
Corporate financial policy: What really matters?80
Why do investment banks buy put options from companies?80
Corporate opacity and effectiveness of independent female directors78
CEO risk-seeking and corporate tax avoidance: Evidence from pilot CEOs75
Do corporate lawyers matter? Evidence from patents75
Debt maturity structure and the quality of risk disclosures74
Too much of a good thing? Corporate social responsibility and the takeover market70
Foreign institutional ownership externalities and supplier innovation70
Do CEO beliefs affect corporate cash holdings?69
Trademarks and the cost of equity capital67
Does gender diversity on banks' boards matter? Evidence from public bailouts65
Judicial independence and crash risk: Evidence from a natural experiment in China60
The spillover effect of advertising on the capital market: Evidence from financial constraints60
Labor unions and real earnings management58
Peer-level analyst transitions57
Borrowing from government owned banks & firm's liquidation risk56
Punishment or deterrence? Environmental justice construction and corporate equity financing––Evidence from environmental courts56
Managerial activism55
Concierge treatment from banks: Evidence from the paycheck protection program53
Corporate insider purchases and the options market: Competition among informed investors51
Pension risk and corporate investment distortion51
When CEOs adapt: An investigation of manager experience, policy and performance following recessions51
IPO withdrawals: Are corporate governance and VC characteristics the guiding light in the rough sea of volatile markets?49
Overlapping institutional ownership along the supply chain and earnings management of supplier firms49
The finance of climate change47
Buffing firm innovation by lobbying45
Asymmetric response to earnings news across different sentiment states: The role of cognitive dissonance45
Gender bias, board diversity, and firm value: Evidence from a natural experiment43
The effect of social connections on capital structure in supplier-customer relationships43
70 years of US corporate profits42
Options trading and the cost of debt42
In name only: Information spillovers among Chinese firms with similar stock names during earnings announcements41
Credit default swaps and corporate debt structure41
Lending when relationships are scarce: The role of information spread via bank networks40
Religiosity and risk taking: Is there a demand-side effect?39
Executive social connections and gender pay gaps39
The world cup in football and the US IPO market39
Social capital and entrepreneurial financing choice38
Does bankruptcy law improve the fate of distressed firms? The role of credit channels38
Can European electric utilities manage asset impairments arising from net zero carbon targets?37
Stock liquidity, empire building, and valuation36
Financial resource pooling in club deals36
The sovereign wealth funds risk premium: Evidence from the cost of debt financing34
Stakeholders and the stock price crash risk: What matters in corporate social performance?34
R&D tax credits, technology spillovers, and firms' product convergence34
One way out of the share pledging quagmire: Evidence from mergers and acquisitions34
Operating lease obligations and corporate cash management34
Shades of grey: Risk-related agency conflicts and corporate innovation34
Stakeholder preference and strategic corporate social responsibility33
Recent changes to the regulatory framework for the private capital market33
What drives the active involvement in business angel groups? The role of angels' decision-making style, investment-specific human capital and motivations32
Does litigation risk matter for the choice between bank debt and public debt?32
Non-financial corporations and systemic risk32
Geographic proximity and trade credit: Evidence from a quasi-natural experiment32
Which buy-side institutions participate in public earnings conference calls? Implications for capital markets and sell-side coverage32
Does ambiguity matter for corporate debt financing? Theory and evidence31
Outside directors' equity incentives and strategic alliance decisions31
Pre-IPO hype by affiliated analysts: Motives and consequences30
CEO country-specific experience and cross-border mergers and acquisitions30
Long-term institutional investors and climate change news Beta30
Does the mandatory disclosure of suppliers' tax uncertainties affect supply chain relations?30
Fraud commitment in a smaller world: Evidence from a natural experiment30
Mind the sovereign ceiling on corporate performance30
Tax avoidance as an unintended consequence of environmental regulation: Evidence from the EU ETS29
The importance of target information in the acquisition of privately held firms29
What are the benefits of attracting gambling investors? Evidence from stock splits in China29
Corporate financing of investment opportunities in a world of institutional cross-ownership28
The value impact of climate and non-climate environmental shareholder proposals28
Effectiveness of monitoring, managerial entrenchment, and corporate cash holdings28
Insider pledging: Its information content and forced sale28
CEO political preference and credit ratings28
Do younger CEOs really increase firm risk? Evidence from sudden CEO deaths28
Political corruption, Dodd–Frank whistleblowing, and corporate investment27
Corrigendum to “Political corruption, Dodd–Frank whistleblowing, and corporate investment” [Journal of Corporate Finance, Volume 73 April 2022, 102145]27
Managerial liability and corporate innovation: Evidence from a legal shock27
The real effects of distressed bank mergers27
Liability taxes, risk, and the cost of banking crises26
Firm listing status and the investment home bias26
Bankruptcy, overlapping directors, and bank loan pricing25
Sentiment analysis and gender differences in earnings conference calls25
Corporate investment and growth opportunities: The role of R&D-capital complementarity25
Board reforms and debt choice25
Does an anti-corruption campaign increase analyst earnings forecast optimism?25
Tone emphasis and insider trading25
Are US founding families expropriators or stewards? Evidence from quasi-natural experiment24
The effect of shareholder activism on earnings management: Evidence from shareholder proposals24
Fiduciary duty or loyalty? Evidence from co-opted boards and corporate misconduct24
Does corrupt practice increase the implied cost of equity?24
Corporate failures: Declines, collapses, and scandals24
Credit risk spillovers and cash holdings24
Can CFOs resist undue pressure from CEOs to manage earnings?23
The dark side of CEO social capital: Evidence from real earnings management and future operating performance23
U.S. stock prices and the dot.com-bubble: Can dividend policy rescue the efficient market hypothesis?23
Political connection, CEO gender, and firm performance23
The information transfer effects of political connections on mitigating policy uncertainty: Evidence from China23
Board diversity and shareholder voting23
Firm-level political risk and debt choice23
The impact of climate change on the cost of bank loans23
Does common ownership constrain managerial rent extraction? Evidence from insider trading profitability23
Does CEO overconfidence affect workplace safety?22
CEO personality traits, strategic flexibility, and firm dynamics22
Industrial policy and governmental venture capital: Evidence from China22
Does it pay to be socially connected with wall street brokerages? Evidence from cost of equity21
Decomposing value gains – The case of the best leveraged buy-out ever21
Sovereign wealth funds and cost of debt: Evidence from syndicated loans21
How do financial contracts evolve for new ventures?21
Convertible debt and asset substitution of multinational corporations21
Editorial Board21
What determines the composition of a firm's cash reserves?21
Forecasting crash risk in U.S. bank returns—The role of credit booms21
Editorial Board21
Information production in start-up firms: SPACs vs. Traditional IPOs20
The information value of M&A press releases20
Bank liquidity creation and religious observance: Evidence from Ramadan fasting20
CEO reputation and shareholder voting20
Editorial Board20
Individualism, formal institutional environments, and bank capital decisions20
Editorial Board20
Relationship-specific investments for up- and downstream firms and credit constraints20
Firms’ rollover risk, capital structure and unequal exposure to aggregate shocks20
Earnings announcements in China: Overnight-intraday disparity20
Weather, institutional investors and earnings news19
Credit ratings and acquisitions19
Managerial conservatism and corporate policies19
The stock market valuation of human capital creation19
Patent pledgeability, trade secrecy, and corporate patenting19
Partisan conflict and corporate credit spreads: The role of political connection19
The effect of cultural and institutional factors on initiation, completion, and duration of cross-border acquisitions19
Nondisclosure and analyst behavior: Evidence from redaction of proprietary information from public filings19
Strengthening secured creditors: Implications on debt financing and investment19
Investment efficiency of firms outside the business group19
Hostile takeovers or friendly mergers? Real options analysis19
The signaling role of trade credit: Evidence from a counterfactual analysis18
Depoliticization and corporate cash holdings: Evidence from the mandated resignation of directors in China18
Mergers and acquisitions with private equity intermediation18
Firm opacity and the opportunity cost of cash18
Dare to play with fire? Managerial ability and the use of short-term debt18
Secured and unsecured debt in creditor-friendly bankruptcy18
Aggregate productivity, leased capital and market participation18
Do tax incentives affect investment quality?18
Signaling through timing of stock splits18
Do CFO career concerns matter? Evidence from IPO financial reporting outcomes18
Real options, risk aversion and markets: A corporate finance perspective17
Which antitakeover provisions deter takeovers?17
The tax-efficient use of debt in multinational corporations17
Editorial Board17
Information asymmetry, external certification, and the cost of bank debt17
Securities litigation risk and board gender diversity17
Like a duck to water: Do credit rating analysts outperform in bond fund management17
Risk management transparency and compensation17
The informational consequences of good and bad mergers17
Industry informational interactions and corporate fraud17
Working capital balances and financial policy17
ISDS disputes, adjudication and cross-border M&As17
Courting innovation: The effects of litigation risk on corporate innovation16
Tunneling through trademarks16
Regulation and information costs of sovereign distress: Evidence from corporate lending markets16
Foreign investors, firm level productivity, and European economic integration16
Are non-family successors all the same? Inside-promoted vs. outside-sourced16
Corporate divestitures around acquisitions16
Dollar borrowing, firm credit risk, and FX-hedged funding opportunities16
Wage gap and stock returns: Do investors dislike pay inequality?16
Windfalls? Costs and benefits of investment tax incentives due to financial constraints16
Peer information in loan pricing16
Labor-saving innovations and capital structure16
Do investors benefit from MiFID II unbundling?16
The evolution of pay premiums for managerial attributes16
Lean against the wind: The effect of policy uncertainty on a firm's corporate social responsibility strategy16
Shareholder litigation risk and the information environment: Revisiting evidence from two natural experiments16
Volatility of implied volatility and mergers and acquisitions16
Acquisitions: A curse or blessing for direct competitors? The impact of target ownership structure16
Mandatory governance reform and corporate risk management16
The real impacts of third-party certification on green bond issuances: Evidence from the Chinese green bond market16
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