Global Finance Journal

Article	Citations
How does foreign economic policy uncertainty affect domestic analyst earnings forecasts?	305
Asymmetric time-frequency risk spillovers between the Fourth Industrial Revolution assets and commodity futures: Is economic policy uncertainty a driving factor?	182
The “night effect” of intraday trading: Evidence from Chinese gold and silver futures markets	164
Digital economy, official promotion pressure, and firm innovation	112
CSR in the bond market: Pricing stakeholders and the moderating role of the institutional context	110
The dynamics of market efficiency of major cryptocurrencies	90
What drives cross-border spillovers among sovereign CDS, foreign exchange and stock markets?	81
Who trades bitcoin futures and why?	73
Piecing together the extent of retail fractional trading	65
The pitfalls of (non-definitive) Environmental, Social, and Governance scoring methodology	60
It is not only what you say, but how you say it: ESG, corporate news, and the impact on CDS spreads	56
Does the stock market anticipate events and supreme court decisions in corporate cases?	56
Editorial Board	51
Noninterest income mix and bank performance: Generalized propensity score fractional dose–response function evidence	51
On the stability of stock-bond comovements across market conditions in the Eurozone periphery	48
Editorial Board	48
Active mutual funds: Beware of smart beta ETFs!	44
The evolution of corporate payout in Canada	42
Profitability and low-risk anomalies reexamined	42
Free trade and the efficiency of financial markets	40
Financial turbulence, systemic risk and the predictability of stock market volatility	39
Societal trust and corporate underinvestment	38
Local culture and tax avoidance: Evidence from gambling preference behavior	37
Foreign bank lending in the U.S. during three U.S. recessions	37
Exploring a Quasi-absolute priority rule for pay-outs to operational creditors in bankruptcy resolutions: Evidence from India	35

Up and down together? On the linkage of momentum and reversal	35
Balancing the books: The role of energy-related uncertainty in corporate leverage	35
Which witch is which? Deconstructing the foreign exchange markets activity	35
Editorial Board	34
A new financial regulatory framework for digital finance: Inspired by CBDC	33
Analyst coverage, corporate social responsibility, and firm value: Evidence from China	32
Effects of female directors on gender diversity at lower organization levels and CSR performance: Evidence in Japan	32
Home equity and retirement funding: Challenges and opportunities	31
Sovereign credit ratings: Discovering unorthodox factors and variables	29
Editorial Board	29
Does the location of directors' additional positions matter? A new dimension of board structure	28
National culture and saving: How collectivism, uncertainty avoidance, and future orientation play roles	27
Trend following or reversal: Does culture affect predictions and trading behavior?	25
The regulatory environment and financial constraints of private firms in the European Union	25
Corporate social responsibility and voting over public goods	24
Asymmetric volatility connectedness between Islamic stock and commodity markets	23
The impact of public health emergencies on small and medium-sized enterprises: Evidence from China	23
Liquidity spillovers in the global stock markets: Lessons for risk management	23
Gender bias in access to trade credit: Firm-level evidence from emerging markets	23
Clusters of social impact firms: A complex network approach	22
Attention based dynamic graph neural network for asset pricing	21
Do Muslim CEOs and Muslim stakeholders prefer Islamic debt financing?	21
Extreme weather, climate risk, and the lead–lag role of carbon	20
Pyramidal structure, vertical interlock, and corporate innovation	20
Measuring the risk appetite of bank-controlling shareholders: The Risk-Weighted Ownership index	20
Real effects of media climate change concerns	20
Litigation risk, underpricing, and money-losing IPOs	20
Linkages between financial and macroeconomic indicators in emerging markets and developing economies	19
Give me uncertainty, and I will shine: CEO narcissism and corporate performance	19
Retrospective wisdom: Long-term orientation and the rating downgrades of financial institutions	19
Fintech's impact on conventional and Islamic sustainable equities: Short- and long-term contributions of the digital financial ecosystem	18
Credit market conditions, expected return proxies, and bank stock returns	18
Large blockholders and stock price crash risk: An international study	18
Terror threat and investor sentiment: International evidence	17
Multinationals and stock return comovement	17
Erratum regarding missing Declaration of Competing Interest statements in previously published articles	17
Banking competition and the use of shadow credit: Evidence from lending marketplaces	17
Economic policy uncertainty and stock market activity: Evidence from China	17
Executive compensation disclosure in emerging markets with weak shareholder enforcement: A multi-level analysis	16
Estimating probability of default via delinquencies? Evidence from European P2P lending market	16
Do institutional quality and trade openness enhance the role of financial openness in Eastern European financial development?	15
Revisiting conventional and green finance spillover in post-COVID world: Evidence from robust econometric models	15
Is there a green fund premium? Evidence from twenty seven emerging markets	15
CEO and CFO equity compensation and dividend payout over the firm lifecycle	15
Are Mondays different? Evidence from initial public offerings	15
Can extra-financial ratings serve as an indicator of ESG risk?	15
The impacts of China's ETS on firm competitiveness: Evidence from the power and heat production sector	14
The digital economy, market integration and environmental gains	14
Exploring the drivers of investment in Fintech: Board composition and home bias in banking	14
FinTech development and commercial bank efficiency in China	14

Do Sukuk provide diversification benefits to conventional bond investors? Evidence from Turkey	14
Powerful CEOs and investment efficiency	14
Digital transformation in finance and its role in promoting financial transparency	13
Fiduciary or loyalty? Evidence from top management counsel and stock liquidity	13
Islamic microfinance: A bibliometric review	13
Social capital, human capital, and board appointments	13
CEO casting call: Investor attention to corporate leadership appointments	12
Public sector unions and municipal debt	12
Insider trading and climate disasters	12
Supply chain contagion effects of negative CSR events: A stock market reaction perspective	12
CEOs versus the board: Implications of strained relations for stock liquidity	11
Idiosyncratic return volatility and the role of firm fundamentals: A cross-country analysis	11
Stock returns and income inequality: Asymmetric evidence from state level data in the U.S.	11
Informed trading in the options market surrounding data breaches	11
Foreword to 2021 New Zealand Finance Meeting	11
IPOs in New Zealand: Nonfinancial disclosures, valuation, and short-term performance	11
Increasing profitability through contingent convertible capital: Empirical evidence from European banks	11
Editorial Board	11
Currency hedging for single-currency equity portfolios: Does cross-asset risk matter?	11
Sleeplessness, distraction and stock market performance: Evidence from the world cup	10
Special issue on ‘financial crisis and its effects on the European economy’	10
Managerial market timing under credit risk: How do timed buybacks and stock issuances influence the value of long-term shareholders?	10
Do company visits by institutional investors mitigate managerial myopia in R&D investment? Evidence from China	10
Value of climate change news: A textual analysis	10
Do pricing efficiencies in Indian equity ETF market impact its performance?	10
Heterogeneity in the information content of 8-K disclosures about private targets: Acquirer size and target significance	10
Editorial: Special issue on green finance and the post-COVID-19 world	10
Limits of arbitrage and their impact on market efficiency: Evidence from China	10
What do we know about the price spillover between green bonds and Islamic stocks and stock market indices?	10
Cross-sector comovements and policy impact in the COVID-19 stock market: A dynamic factor approach	10
Editorial Board	10
Deep reinforcement learning for portfolio selection	10
Political polarization and state government bonds	10
Can technical trading beat the foreign exchange market in times of crisis?	9
Special issue on Islamic banking: Stability and governance	9
Culture and exit mechanisms: International evidence	9
Stock, foreign exchange and commodity markets linkages: Implications for risk diversification and portfolio management	9
Predictability of stock market returns: New evidence from developed and developing countries	9
Exploring Bubbles in the Digital Economy: The Case of China	9
Tail risk intersection between tech-tokens and tech-stocks	9
Transition to Islamic equities: Systematic risk and Shari'ah compliance	9
Property crime and lottery-related anomalies	8
Political legitimacy and CSR reporting: Evidence from non-SOEs in China	8
Opportunistic earnings management or performance-related effects? Evidence from dividend-paying firms	8
Unveiling interconnectedness and risk spillover among cryptocurrencies and other asset classes	8
“How using derivative instruments and purposes affects performance of Islamic banks? Evidence from CAMELS approach”	8
Does social capital matter in underwriter's fees?	8
Do clean energy stocks diversify the risk of FinTech stocks? Connectedness and portfolio implications	7
Under the microscope: Trade initiation activities around earnings and takeover announcements in a market with continuous disclosure	7
Does technological inclusion promote financial inclusion among SMEs? Evidence from South-East Asian (SEA) countries	7
Does social trust mitigate insiders' opportunistic behaviors? Evidence from insider trading	7
Impact of audit quality and digital transformation on innovation efficiency: Role of financial risk-taking	7
Digital transformation and corporate risk taking: Evidence from China	7
Digital finance and the energy transition: Evidence from Chinese prefecture-level cities	7
Asymmetric tail risk dynamics, efficiency and risk spillover among FinTech stocks, cryptocurrencies and traditional assets	6
Brazilian stock-market efficiency before and after COVID-19: The roles of fractality and predictability	6
Deferring real options with solar renewable energy certificates	6
Trade credit, creditor protection and banking crisis	6
The impact of mobile banking services on saving behavior in West Africa	6
A time–frequency comovement and causality relationship between Bitcoin hashrate and energy commodity markets	6
The effect of securities class action lawsuits on mergers and acquisitions	6
Does bank capital reduce liquidity creation?	6
A balance sheet analysis of monetary policy effects on banks	6
Risk-adjusted profitability and stability of Islamic and conventional banks: Does revenue diversification matter?	6
U.S., Anglo-Saxon European, and non-Anglo-Saxon European cash holdings around the financial crisis	6
How quickly do investors react to analyst reports? Evidence from reports released outside trading hours	6
Heterogeneity of foreign investors and Knightian uncertainty: Evidence from the Chinese capital market	6
Information asymmetry in non-US stocks: The compounding and mitigating effects of tax havens and corruption	5
An examination of green bonds as a hedge and safe haven for international equity markets	5
Firm-level risk of climate change: Evidence from climate disasters	5
The effect of digital economy and environmental regulation on green total factor productivity: Evidence from China	5
Digital technology innovation and corporate resilience	5
Board gender diversity and firm risk in UK private firms	5
Nonlinear relationship between monetary policy and stock returns: Evidence from the U.S.	5
The impact of news on the volatility of ESG firms	5
Static and dynamic connectedness between NFTs, Defi and other assets: Portfolio implication	5
Role of digital finance, investment, and trade in technological progress	5
Macroeconomic news and treasury futures return volatility: Do treasury auctions matter?	5
The role of ESG scoring and greenwashing risk in explaining the yields of green bonds: A conceptual framework and an econometric analysis	5
Internationalization and firm performance	4

Unlocking the black box of sentiment and cryptocurrency: What, which, why, when and how?	4
China's economic policy uncertainty and firm-level investment in Southeast Asian economies: The role of trade connection and financial development	4
Empirical effects of sanctions and support measures on stock prices and exchange rates in the Russia–Ukraine war	4
Editorial Board	4
Value-at-risk and the cross section of emerging market hedge fund returns	4
An algorithmic trading system based on a stacked generalization model and hidden Markov model in the foreign exchange market	4
The trade war's impact on the financial market: Observations from the historical global trade war - the Smoot Hawley Tariff Act	4
Bridging the gap: Uncovering static and dynamic relationships between digital assets and BRICS equity markets	4
Financial technology and financial capability: Study of the European Union	4
Effects of dialect connectedness between chairperson and CEO on corporate innovation in China	4
Do insiders profit from public environmental information? Evidence from insider trading	4
Competitive dynamics and risk of non-life insurance in Taiwan: An empirical study	4
Oil shocks and currency behavior: A dual approach to digital and traditional currencies	4
The impact of reporting changes on hidden liquidity: Evidence from the Chicago stock exchange	4
Economic policy uncertainty and the inhibitory effect of firms' green technology innovation	4
Shariah governance in Islamic banks: Practices, practitioners and praxis	4
Spreading the fear: The central role of CBOE VIX in global stock market uncertainty	4
Gender differences in CEO risk tolerance: A look at fixed pay	4
Factor beta, overnight and intraday expected returns in China	4
Data breaches (hacking) and trade credit	4
Euclidean (dis)similarity in financial network analysis	3
What drives the systemic banking crises in advanced economies?	3
What lies behind the asset growth effect?	3
The liquidity of active ETFs	3
Erratum regarding missing Declaration of Competing Interest statements in previously published articles	3
Risk implications of dependence in the commodities: A copula-based analysis	3
Does news related to digital economy and central bank digital currency affect digital economy ETFs? Evidence from TVP-VAR connectedness and wavelet local multiple correlation analyses	3
Which market dominates the price discovery in currency futures? The case of the Chicago Mercantile Exchange and the Intercontinental Exchange	3
Property rights and access to equity capital in China	3
Riding the geopolitical storm or dodging bullets: Geopolitical risk timing of mutual funds	3
Extreme connectedness of agri-commodities with stock markets and its determinants	3
Volatility and correlation of Islamic and conventional indices during crises	3
Inhabiting influence of digital finance on stock price synchronicity	3
Bank scandal contagion: Evidence from the Wells Fargo cross-selling scandal	3
Editorial Board	3
National culture and corporate risk-taking around the world	3
Climate change and corporate credit worthiness: International evidence	3
Impact of oil demand and supply shocks on the exchange rates of selected Southeast Asian countries	3
CSR disclosure, political risk and market quality: Evidence from the Russia-Ukraine conflict	3
Short selling patterns in cross-listed stocks	3
Asset liquidity, business risk, and beta	3
Cross-market informed trading in the CDS and option markets	3
Examining the adaptive market hypothesis with calendar effects: International evidence and the impact of COVID-19	3
Research on the FinTech risk early warning based on the MS-VAR model: An empirical analysis in China	3
Long-term international diversification of equities	3
Pricing of European currency options considering the dynamic information costs	3
State contingent banking and asset price bubbles: The case of Islamic banking industry	3
Asset securitizations and bank stability: Evidence from different banking systems	3
Trading behaviour and market sentiment: Firm-level evidence from an emerging Islamic market	2
Be nice to the air: Severe haze pollution and mutual fund risk	2
Global perspectives on corporate social responsibility, political institutions, and the political economy	2
Is there a tradeoff between management earnings forecasts and sustainability reporting?	2
The past is never dead: Famine-CEOs and corporate social performance	2
Synthetic cap rate indices (1991-Covid era)	2
Informational role of analyst and investor days	2
Capital structure of Islamic banks: How different are they from conventional banks?	2
Do large-cap exchange-traded funds perform better than their small-cap counterparts in extreme market conditions?	2
Prospect theory and a manager's decision to trade a blind principal bid basket	2
Do institutional ownership and innovation influence idiosyncratic risk?	2
ESG activities and firm cash flow	2
High-speed railway opening and urban green productivity in the post-COVID-19: Evidence from green finance	2
Firm performance & effective mitigation of adverse business scenarios	2
Equity misvaluation and debt markets	2
Organizational mode choices of multinational banks abroad	2
In search of COVID-19 and stock market behavior	2
The value relevance of corporate tax expenses in the presence of partisanship: International evidence	2
Technical efficiency of Islamic and conventional banks with undesirable output: Evidence from a stochastic meta-frontier directional distance function	2
CEO happiness and forecasting	2
Words matter: Market responses to changes in U.S. and Chinese trade-related internet search frequency under different U.S. administrations	2
Firm size and the effectiveness of busy boards in an emerging economy	2
US partisan conflict uncertainty and households' access to bank credit: Evidence from UK survey data	2
Editorial: Special issue on recent changes in financial markets and trading	2
Are safe haven assets really safe during the 2008 global financial crisis and COVID-19 pandemic?	2
Monetary winds of change: Exploring the link between policy shifts and bank profitability in developed and emerging European markets	2
Green bonds: Do investors benefit from third-party certification?	2
Editorial Board	2
The holding behavior of Shariah financial assets within the global Islamic financial sector: A macroeconomic and firm-based model	2
Does corporate sexual orientation equality affect labor investment efficiency?	2
Are hedge fund managers skilled?	2
Selective hedging strategies for crude oil futures based on market state expectations	2
Can sustainable financing facilitate the energy justice transformation? Evidence from developing countries in Asia	2
Greasing the wheels of irreversible investment: International evidence on the economic effects of corruption	2
Liquidity and short-run predictability: Evidence from international stock markets	2
Design of employee pension benefits model and China's pension gender gap	2
Do R&D subsidies promote or inhibit firm R&D collaboration? An empirical analysis on the role of risk tolerance in China	2
Stabilizing global foreign exchange markets in the time of COVID-19: The role of vaccinations	2
FinTech and capital allocation efficiency: Another equity-efficiency dilemma?	2
Outward foreign investment performance, digital transformation, and ESG performance: Evidence from China	2
The implications of passive investments for active fund management: International evidence	2
Busy board and corporate debt maturity structure	2
Foreign investments and firm risk: Evidence from Germany	2