Journal of International Financial Markets Institutions & Money

Article	Citations
When fiscal discipline meets macroeconomic stability: The Euro-stability bond	161
Should I stay or should I go? Stock market reactions to companies' decisions in the wake of the Russia-Ukraine conflict	153
Determinants of firms’ default on unsecured loans in the P2P crowdfunding market	137
European stock market volatility connectedness: The role of country and sector membership	125
Information effect of credit rating announcements in transition economies	119
Turkish currency crunch: Examining behavior across investor types	112
Serial acquirers and stock price crash risk: International evidence	110
The impact of foreign ownership on the media’s role in curbing insider trading around private meetings	101
Understanding sovereign credit ratings: Text-based evidence from the credit rating reports	101
Do big data mutual funds outperform?	87
Editorial Board	83
Do U.S. Institutional investors react to international politics?	81
High-frequency connectedness between Bitcoin and other top-traded crypto assets during the COVID-19 crisis	79
The Shock of US-China trade war and the job Market: Downstream shrinkage and upstream employment	79
Directors with foreign experience and corporate cash holdings	75
The connectedness between meme tokens, meme stocks, and other asset classes: Evidence from a quantile connectedness approach	74
Access to capital and energy efficiency: How high-speed rail investments benefit high-tech firms	71
Managing cryptocurrency risk exposures in equity portfolios: Evidence from high-frequency data	66
Employment protection, corporate governance, and labor productivity around the World	59
How to develop global energy-intensive sectors in the presence of carbon tariffs?	56
Extractive institutions and banks’ implicit subsidies	55
Does systematic tail risk matter?	52
Fintech, human development and energy poverty in sub-Saharan Africa	52
Editorial Board	51
Antidumping, firm performance, and subsequent responses	49

Foreign controlling shareholders and corporate investment	48
The economic consequences of violence against civilians: Developing economic resilience to violence	46
Tail dependence structure and extreme risk spillover effects between the international agricultural futures and spot markets	46
Havenly acquisitions	45
From the executive suite to the environment: How does CEO power affect climate change disclosures?	44
Societal trust and corporate risk-taking: International evidence	43
Macro fundamentals and the resurgence of the Feldstein–Horioka puzzle in Europe	41
Predictable liquidity properties in a Segmented, inelastic stock market	41
Real earnings management and debt choice	41
Covered interest rate parity deviations, COVID-19 pandemic infection cases, and vaccination	41
Leveraged finance exposure in the banking system: Systemic risk and interconnectedness	40
Learning financial survival from disasters	39
Central bank digital currency and systemic risk	39
Did cryptomarket chaos unleash Silvergate's bankruptcy? investigating the high-frequency volatility and connectedness behind the collapse	38
Global financial uncertainty shocks and external monetary vulnerability: The role of dominance, exposure, and history	38
Corrigendum to “Societal trust and corporate risk-taking: International evidence” [J. Int. Fin. Mark. Instit. Money 76 (2022) 101490]	37
Do visiting monks give better sermons? An analysis of the foreign experience of Chinese fund managers	36
Acquisition experience and director remuneration	36
Joint effect of linguistic style and ethnicity on entrepreneurial fundraising: Evidence from equity crowdfunding	35
Does ESG contracting align or compete with stakeholder interests?	34
Climate risk and the systemic risk of banks: A global perspective	34
Banks’ environmental policies and banks’ financial stability	34
Foreign ownership and stock liquidity uncertainty	34
Does local government debt regulation improve rural banks’ performance? Evidence from China	33
Bilateral investment treaties and portfolio investment	33
Organization capital, dividends and firm value: International evidence	33
Asymmetric Higher-Moment spillovers between sustainable and traditional investments	32
Sovereign credit rating downgrades and Growth-at-Risk	32
Sovereign risk dynamics in the EU: The time varying relevance of fiscal and external (im)balances*	31
Do industries predict stock market volatility? Evidence from machine learning models	31
Financial earthquakes and aftershocks: From Brexit to Russia-Ukraine conflict and the stability of European banks	29
Carry and conditional value at risk trend: Capturing the short-, intermediate-, and long-term trends of left-tail risk forecasts	29
Investor heterogeneity and negative skewness in stock returns: Evidence from institutional investors	28
Tax avoidance regulations and stock market responses	28
Currency carry trades, risk management, and firm value: Evidence from Korean banking industry	28
Family firm, financial constraint, and environmental preparedness: An international study	26
Social capital, trust, and bank tail risk: The value of ESG rating and the effects of crisis shocks	26
Climate risk and predictability of global stock market volatility	26
Unintentional herd behavior via the Google search volume index in international equity markets	26
Self-disclosed peer effects on corporate capital structure	25
What drives DeFi market returns?	25
Gold-mining stocks, risk factors, and tail patterns	25
EPU spillovers and stock return predictability: A cross-country study	25
Differences in bank and microfinance business models: An analysis of the loan monitoring systems and funding sources	25
Geopolitical risk, financial constraints, and tax avoidance	25
The dynamics of money supply determination under asset purchase programs: A market-based versus a bank-based financial system	25
Does market misvaluation drive cross-border M&As?	25
Currency carry trade: The decline in performance after the 2008 Global Financial Crisis	25
The effect of margin trading, stock index futures, and firm characteristics on stock price synchronicity: Evidence from China	24
Securitisation special purpose entities, bank sponsors and derivatives	24

Impacts of carbon market and climate policy uncertainties on financial and economic stability: Evidence from connectedness network analysis	24
Revisiting the PPP puzzle: Nominal exchange rate rigidity and region of inaction	24
Explaining cryptocurrency returns: A prospect theory perspective	23
Investor attention factors and stock returns: Evidence from China	23
Foreign investments during financial crises: Institutional investors’ informational skills create value when familiarity does not	23
Financial derivatives, analyst forecasts, and stock price synchronicity: Evidence from an emerging market	23
Financial liberalization and the investment-cash flow sensitivity	23
Liquidity dynamics between virtual and equity markets	22
Network structure and risk-adjusted return approach to stock indices integration: A study on Asia-Pacific countries	22
Why do stock markets negatively price democracy?	22
Banking networks, systemic risk, and the credit cycle in emerging markets	21
Clustering asset markets based on volatility connectedness to political news	21
Trade facilitation costs and corruption: Evidence from China	21
From systematic to systemic risk among G7 members: Do the stock or real estate markets matter?	21
Does international trade moderate economic development’s impact on income inequality in the EU?	21
Cross-border equity flows and information transmission: Evidence from Chinese stock markets	21
The governance effects of social media engagement on M&A outcomes: Evidence from China	21
Financial sector development and microcredit to small firms	20
Technical analysis in cryptocurrency markets: Do transaction costs and bubbles matter?	20
Editorial Board	20
The role of US bank liquidity and regulations in Covered Interest Parity deviations	20
Does equity market openness increase productivity? the dual effects of Shanghai-Hong Kong stock Connect program in China	20
Asset pricing in bull and bear markets	20
Exchange rate regime changes and market efficiency: An event study	20
ESG performance and investment efficiency: The impact of information asymmetry	20
The asymmetry of the Amihud illiquidity measure on the European markets: The evidence from Extreme Value Theory	20
Do infectious diseases explain Bitcoin price Fluctuations?	20
Fan tokens: Sports and speculation on the blockchain	19
Green bonds’ connectedness with hedging and conditional diversification performance	19
Global climate policy uncertainty and financial markets	19
Digital disruptors at the gate. Does FinTech lending affect bank market power and stability?	19
Do ESG investments improve portfolio diversification and risk management during times of uncertainty	19
Are we living in an illusion? A fresh look at the importance of bank capital in the quest for stability	19
Editorial Board	18
Editorial Board	18
A canary in a Coalmine! religious agency and its impact on the performance of Islamic banks	18
Was the ICO boom just a sideshow of the Bitcoin and Ether Momentum?	18
International political uncertainty and climate risk in the stock market	17
Digital disruption in financing: Are fintech and bigtech credit reshaping corporate access to capital?	17
Bank lending during the COVID-19 pandemic: A comparison of Islamic and conventional banks	17
The short-run impact of investor expectations’ past volatility on current predictions: The case of VIX	17
Are state-owned enterprises more responsible for carbon neutrality? Evidence from stock market reactions to China’s commitment to carbon neutrality	17
Underdog mentality, identity discrimination and access to peer-to-peer lending market: Exploring effects of digital authentication	17
Editorial Board	17
Other comprehensive income volatility and bank risk	17
Have crisis-induced banking supports influenced European bank performance, resilience and price discovery?	16
Local product market competition and investment home bias	16
Corporate social responsibility in market liberalization: Evidence from Shanghai-Hong Kong Stock Connect	16
Forecasting international financial stress: The role of climate risks	16
The effect of individualism on bank risk and bank Performance: An international study	16
Two faces of financial systems: Provision of services versus shock-smoothing	16
The long-run risk premium in the intertemporal CAPM: International evidence	16
Executives’ early-life experience and corporate debt contracting: Evidence from CEO military experience	16
Performance of intraday technical trading in China’s gold market	16
Asymmetric impact of Sino-US interest rate differentials and economic policy uncertainty ratio on RMB exchange rate	16
Social media as an amplifier of insider trading profits	16
Board tenure diversity and investment efficiency: A global analysis	16
Regulatory arbitrage, shadow banking and monetary policy in China	16
One crash, too many: Global uncertainty, sentiment factors and cryptocurrency market	16
Bankruptcy reforms and corporate debt structure	16
Editorial Board	16
Editorial Board	16
New insights into liquidity resiliency	15
Self-regulation for responsible banking and ESG disclosure scores: Is there a link?	15
Do financial markets reward government spending efficiency?	15
Can bilateral RMB swap reduce monetary policy spillovers from the United States to China?	15
FinTech platforms and mutual fund markets	15
Predicting the conditional distribution of US stock market systemic Stress: The role of climate risks	15
Hedging effectiveness of bitcoin and gold: Evidence from G7 stock markets	15
Political risk, hedge fund strategies, and returns: Evidence from G7 countries	15
Hedging effectiveness of cryptocurrencies in the European stock market	14
Does climate risk shape firms’ accounting conservatism?	14
GCC Sovereign Wealth Funds: Why do they take control?	14
Contagion effects of permissionless, worthless cryptocurrency tokens: Evidence from the collapse of FTX	14
Infrastructure financing in Africa	14
Do CoCos serve the goals of macroprudential supervisors or bank managers?	14
Financial openness, liability composition of banks, and bank risk: International evidence	14
Do macroprudential policies affect bank efficiency? Evidence from emerging economies	14
External investor protection and internal corporate governance: Substitutes or complements for motivating foreign portfolio investment?	13
Sovereign credit rating provision and financial development	13

Social capital and bank liquidity hoarding	13
Do traditional off-balance sheet exposures increase bank risk?	13
Macroeconomic attention and stock market return predictability	13
Empirical study on voting results and proxy advisor recommendations in Japan	13
Exchange rate volatility connectedness during Covid-19 outbreak: DECO-GARCH and Transfer Entropy approaches	13
Asset prices, financial amplification and monetary policy: Structural evidence from an identified multivariate GARCH model	12
Switching costs and bank competition: Evidence from dual banking economies	12
Connectedness among major cryptocurrencies in standard times and during the COVID-19 outbreak	12
Global banks and the picking order in internal capital markets: Do locational activity patterns matter?	12
Sentiment and trading decisions in an ambiguous environment: A study on cryptocurrency traders	12
Introducing the GVAR-GARCH model: Evidence from financial markets	12
When central bank research meets Google search: A sentiment index of global financial stress	12
Do climate risks matter for green investment?	12
Detecting the risk of cross-product manipulation in the EUREX fixed income futures market	12
Spillover effects of US monetary policy on emerging markets amidst uncertainty	12
Confidence in the world bank and IMF: Alignment of individual beliefs and institutional policies	12
Political sentiment and syndicated loan borrowing costs of multinational enterprises	12
Editorial Board	12
Tech titans and crypto giants: Mutual returns predictability and trading strategy implications	12
Credit risk interdependence in global financial markets: Evidence from three regions using multiple and partial wavelet approaches	11
Does inflation targeting track record matter for asset prices? Evidence from stock, bond, and foreign exchange markets	11
Does competition improve sovereign credit rating quality?	11
The more the better? Information sharing and credit risk	11
Unravelling investors’ diverging responses to U.S. firms' global ESG incidents	11
Uncertainty and corporate default risk: Novel evidence from emerging markets	11
How does standardization affect OTC markets in the long term? Evidence from the small bang reform in the CDS market	11
What’s the expected loss when Bitcoin is under cyberattack? A fractal process analysis	11
Does adopting voluntary ESG practices affect executive compensation?	11
International crash risk premium	11
CSR performance and firm idiosyncratic risk in a data-rich environment: The role of retail investor attention	10
The politician as a CEO, corporate governance and firm value	10
Tax avoidance opportunity for multinational enterprises: effects of digitalized tax administration in China	10
Banking regulation and corporate R&D investment: Evidence from regulatory penalties in China	10
One size fits all? Effects of the zero lower bound on bank lending across countries	10
Credit ratings quality in uncertain times	10
Financial sector development and intra-African trade	10
The predictive content of oil price and volatility: New evidence on exchange rate forecasting	10
Editorial Board	10
National culture and banks stock volatility	10
HACKED: Understanding the stock market response to cyberattacks	9
Cultural values of parent bank board members and lending by foreign subsidiaries: The moderating role of personal traits	9
A Comparative Textual Study of FOMC Transcripts Through Inflation Peaks	9
Corporate integrity culture and credit rating assessment	9
Do contingent convertible bonds reduce systemic risk?	9
The effects of structural reforms on gross capital inflows in OECD countries	9
Aggregate insider trading and stock market volatility in the UK	9
Societal secrecy and corporate debt financing choice	9
Global uncertainty and exchange rate conditions: Assessing the impact of uncertainty shocks in emerging markets and advanced economies	9
Editorial Board	9
Do world stock markets “jump” together? A measure of high-frequency volatility risk spillover networks	9
Market risks that change US-European equity correlations	9
Decentralized and centralized exchanges: Which digital tokens pose a greater contagion risk?	9
Secrecy culture and sensitivity of investment to stock prices: Evidence from emerging markets	9
Sovereign Credit Default Swaps and the Currency Forward Bias	9
Firm-level political risk and equity issuance	8
Dynamic spillovers among global oil shocks, economic policy uncertainty, and inflation expectation uncertainty under extreme shocks	8
Do peer effects matter in bank risk? Some cross-country evidence	8
A cross-regional investigation of institutional quality and sustainable development	8
Editorial Board	8
Time-varying dependence between Bitcoin and green financial assets: A comparison between pre- and post-COVID-19 periods	8
Trade fragmentation and volatility-of-volatility networks	8
Women directors and market valuation: What are the “Wonder Woman” attributes in banking?	8
Default dependence in the insurance and banking sectors: A copula approach	8
The role of media coverage in the bubble formation: Evidence from the Bitcoin market	8
Mass media, air quality, and management turnover	8
Capital flight for family? Exploring the moderating effects of social connections on capital outflow of family business	8
Unlocking Dividends: The impact of managerial social capital on international corporate payouts	8
FinTech and financing constraints of enterprises: Evidence from China	8
Diversification and firm risk: New evidence on exchange rate exposure	8
Editorial Board	8
Cross-market spoofing	8
ESG, liquidity, and stock returns	7
Does the choice of monetary policy tool matter for systemic risk? The curious case of negative interest rates	7
Stablecoins as anchors? Unraveling information flow dynamics between pegged and unpegged crypto-assets and fiat currencies	7
Diverse investor reactions to the COVID-19 Pandemic: Insights from an emerging market	7
Ex ante bond returns and time-varying monotonicity	7
Do banks adjust their liquidity to cope with environmental variation? A study of bank deregulation	7
Policy signaling and stock price synchronicity: Evidence from China	7
Assessing the impact of COVID-19 on price Co-movements in China	7
Banking stability, institutional quality, market concentration, competition and political conflict in MENA	7
The effect of fintech financing on firm performance: Evidence from emerging economies	7
News and intraday retail investor order flow in foreign exchange markets	7
Institutional settings and financing green innovation	7
The relevance of media sentiment for small and large scale bitcoin investors	7
The role of education in capital Markets’ liquidity	7
A novel integration of the Fama–French and Black–Litterman models to enhance portfolio management	7
Environmental information transparency and green innovations	7
Aggregate earnings and global equity returns	7
Banking crises and the performance of microfinance institutions	7
Realized higher-order moments spillovers across cryptocurrencies	7
Peer effects of corporate product quality information disclosure: Learning and competition	6
Real Output and Cross-Currency Basis Swap Spreads: Evidence from the Eurozone	6
Discovering the drivers of stock market volatility in a data-rich world	6
Exchange rate and balance of payment crisis risks in the global development finance architecture	6
Bond return predictability: Evidence from 25 OECD countries	6