OOIR: Observatory of International Research

Papers

(The TQCC of Global Finance Journal is 12. 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 2022-01-01 to 2026-01-01.)

Article	Citations
Balancing the books: The role of energy-related uncertainty in corporate leverage	384
Liquidity spillovers in the global stock markets: Lessons for risk management	230
Profitability and low-risk anomalies reexamined	139
Editorial Board	90
The regulatory environment and financial constraints of private firms in the European Union	78
The diminishing lustre: Gold's market volatility and the fading safe haven effect	77
How does foreign economic policy uncertainty affect domestic analyst earnings forecasts?	63
Fiduciary or loyalty? Evidence from top management counsel and stock liquidity	61
Watchdogs of greenwashing: The role of long-term institutional cross-ownership	61
The digital economy, market integration and environmental gains	55
Public sector unions and municipal debt	54
Does social capital matter in underwriter's fees?	54
How do voting powers matter in equity finance? Evidence from chinese private placements	54
Supply chain contagion effects of negative CSR events: A stock market reaction perspective	52
Foreword to 2021 New Zealand Finance Meeting	51
Under the microscope: Trade initiation activities around earnings and takeover announcements in a market with continuous disclosure	51
The stock market effects of committing and setting GHG targets: evidence from the science-based targets initiative	50
Culture and exit mechanisms: International evidence	47
Does bank capital reduce liquidity creation?	46
Deferring real options with solar renewable energy certificates	46
The impact of reporting changes on hidden liquidity: Evidence from the Chicago stock exchange	45
Data breaches (hacking) and trade credit	45
Asset securitizations and bank stability: Evidence from different banking systems	45
ESG activities and firm cash flow	43
Global perspectives on corporate social responsibility, political institutions, and the political economy	42

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	42
Stabilizing global foreign exchange markets in the time of COVID-19: The role of vaccinations	41
Research on safe-haven currencies under global uncertainty —A new perception based on the East Asian market	40
Money talks, green walks: Does financial inclusion promote green sustainability in Africa?	40
Equity misvaluation and debt markets	40
Busy board and corporate debt maturity structure	39
The impact of capital on bank profitability during the COVID-19 pandemic	37
Greasing the wheels of irreversible investment: International evidence on the economic effects of corruption	34
Impact of Fintech on labor allocation efficiency in firms: Empirical evidence from China	33
Do large-cap exchange-traded funds perform better than their small-cap counterparts in extreme market conditions?	32
Tail risk transmission in technology-driven markets	32
Tokenization of sukuk: Ethereum case study	31
Green property finance and CO2 emissions in the building industry	30
Erratum regarding missing Declaration of Competing Interest statements in previously published articles	29
Price sensitivity of the consumer-investor: Evidence from energy prices and mutual fund fees	29
Information content of the limit order book: A cross-sectional analysis in Borsa Istanbul	29
Does asset-based uncertainty drive asymmetric return connectedness across regional ESG markets?	28
Climate risk, ESG performance, and ESG sentiment in US commercial banks	28
Risk governance and financial stability: A comparative study of conventional and Islamic banks in the GCC	28
Equity market response to natural disasters: Does firm's corporate social responsibility make difference?	27
Dynamic spillover effects among green bond, renewable energy stocks and carbon markets during COVID-19 pandemic: Implications for hedging and investments strategies	26
Editorial Board	26
Editorial Board	25
Corporate social responsibility as a common risk factor	24
Firm valuations and board compensation: Evidence from alternative banking models	24
Climate transition risk in sovereign bond markets	23
The green transition and tech firms' financial performance: Insights from patent data	23
Resistance or motivation? Impact of climate risk on corporate greenwashing: An empirical study of Chinese enterprises	23
Corporate political risk and environmental performance	23
Learning, foreign operations and operating performance	23
Measuring the risk appetite of bank-controlling shareholders: The Risk-Weighted Ownership index	22
Foreign institutional investors and share pledging: Evidence from China's stock market openness reform	22
FinTech entrepreneurial ecosystem in India: Role of incubators and accelerators	22
Trend following or reversal: Does culture affect predictions and trading behavior?	22
Informational linkage and price discovery between China's futures and spot markets: Evidence from the US–China trade dispute	22
Financial turbulence, systemic risk and the predictability of stock market volatility	22
Credit market conditions, expected return proxies, and bank stock returns	22
Extreme weather, climate risk, and the lead–lag role of carbon	21
Terror threat and investor sentiment: International evidence	21
Do Muslim CEOs and Muslim stakeholders prefer Islamic debt financing?	21
Clusters of social impact firms: A complex network approach	21
Multinationals and stock return comovement	21
Exploring the drivers of investment in Fintech: Board composition and home bias in banking	20
The “night effect” of intraday trading: Evidence from Chinese gold and silver futures markets	20
Political legitimacy and CSR reporting: Evidence from non-SOEs in China	19
Net stable funding ratio: Implication for Bank stability in Europe	19
FinTech development and commercial bank efficiency in China	19
Property crime and lottery-related anomalies	18
Information asymmetry in non-US stocks: The compounding and mitigating effects of tax havens and corruption	18
Cross-sector comovements and policy impact in the COVID-19 stock market: A dynamic factor approach	18

Stock returns and income inequality: Asymmetric evidence from state level data in the U.S.	18
Editorial Board	18
Bridging the gap: Uncovering static and dynamic relationships between digital assets and BRICS equity markets	17
Opportunistic earnings management or performance-related effects? Evidence from dividend-paying firms	17
Digital technology innovation and corporate resilience	17
Editorial: Special issue on green finance and the post-COVID-19 world	17
Sailing through uncertainty: Shipping's role in financial shock transmission and hedging strategies	17
Walking quietly: Fiduciary waivers and blockholder exit	17
Role of digital finance, investment, and trade in technological progress	16
Limits of arbitrage and their impact on market efficiency: Evidence from China	16
The impact of news on the volatility of ESG firms	16
Deep reinforcement learning for portfolio selection	16
Economic policy uncertainty and the inhibitory effect of firms' green technology innovation	16
Spreading the fear: The central role of CBOE VIX in global stock market uncertainty	16
ESG rating disagreement and the cost of equity capital	16
Editorial Board	16
Unlocking the black box of sentiment and cryptocurrency: What, which, why, when and how?	15
Which market dominates the price discovery in currency futures? The case of the Chicago Mercantile Exchange and the Intercontinental Exchange	15
Bank scandal contagion: Evidence from the Wells Fargo cross-selling scandal	15
When ESG news talks: How media sentiment shapes corporate financial behavior in China	15
Risk implications of dependence in the commodities: A copula-based analysis	14
Extreme connectedness of agri-commodities with stock markets and its determinants	14
Monetary winds of change: Exploring the link between policy shifts and bank profitability in developed and emerging European markets	14
Internationalization and firm performance	14
Business expectations and public policies amid exogenous shocks: The COVID-19 case in Latin America	13
Ownership concentration and equity transactions: The ambivalent role of controlling shareholders in firm performance in Latin American contexts	13
Intraday impact of macroeconomic and COVID-19 news on Latin American stock indexes	13
Technological progress and carbon emissions: Evidence from the European Union	13
Capital structure of Islamic banks: How different are they from conventional banks?	13
Corrigendum to “Private placement, share prices, volume and financial crisis: An emerging market study” [Global Finance Journal Volume 24, Issue 3, 2013, Pages 203–221]	13
Real asset liquidity, cash holdings, and the cost of corporate debt	13
Nonparametric identification of factors for the cross-section of Latin American stock returns	12
Technical efficiency of Islamic and conventional banks with undesirable output: Evidence from a stochastic meta-frontier directional distance function	12
Does climate risk influence exchange rates?	12
Trading behaviour and market sentiment: Firm-level evidence from an emerging Islamic market	12
Sovereign fiscal capacity, implicit subsidies, and bank value	12
Firm performance & effective mitigation of adverse business scenarios	12