International Review of Financial Analysis

Article	Citations
COVID-19 pandemic, oil prices, stock market, geopolitical risk and policy uncertainty nexus in the US economy: Fresh evidence from the wavelet-based approach	912
Searching for safe-haven assets during the COVID-19 pandemic	398
Return connectedness across asset classes around the COVID-19 outbreak	329
Crude oil market and stock markets during the COVID-19 pandemic: Evidence from the US, Japan, and Germany	216
Digitalization, competition strategy and corporate innovation: Evidence from Chinese manufacturing listed companies	204
ESG disclosure and financial performance: Moderating role of ESG investors	197
Predicting stock returns in the presence of COVID-19 pandemic: The role of health news	195
Can digital financial inclusion promote China's economic growth?	165
Women on corporate boards and corporate financial and non-financial performance: A systematic literature review and future research agenda	160
The impact of the FinTech revolution on the future of banking: Opportunities and risks	158
Green credit policy and corporate access to bank loans in China: The role of environmental disclosure and green innovation	141
Diversifying equity with cryptocurrencies during COVID-19	139
Dynamic volatility spillovers across oil and natural gas futures markets based on a time-varying spillover method	129
Asymmetric nexus between COVID-19 outbreak in the world and cryptocurrency market	122
Green credit regulation, induced R&D and green productivity: Revisiting the Porter Hypothesis	119
Directional spillover effects and time-frequency nexus between oil, gold and stock markets: Evidence from pre and during COVID-19 outbreak	119
The hedging effect of green bonds on carbon market risk	117
Investor attention and global market returns during the COVID-19 crisis	113
Corporate ESG performance and manager misconduct: Evidence from China	112
Dynamic spillovers between energy and stock markets and their implications in the context of COVID-19	106
Gold or Bitcoin, which is the safe haven during the COVID-19 pandemic?	103
Asymmetric volatility spillover among Chinese sectors during COVID-19	100
Tail risk contagion between international financial markets during COVID-19 pandemic	97
Risk transmissions between bitcoin and traditional financial assets during the COVID-19 era: The role of global uncertainties	96
Risk spillovers between FinTech and traditional financial institutions: Evidence from the U.S.	95

Asymmetric causality of economic policy uncertainty and oil volatility index on time-varying nexus of the clean energy, carbon and green bond	90
Extreme spillovers across Asian-Pacific currencies: A quantile-based analysis	89
When the Japanese stock market meets COVID-19: Impact of ownership, China and US exposure, and ESG channels	88
International variations in ESG disclosure – Do cross-listed companies care more?	88
Which sentiment index is more informative to forecast stock market volatility? Evidence from China	87
Climate change, risk factors and stock returns: A review of the literature	87
Which popular predictor is more useful to forecast international stock markets during the coronavirus pandemic: VIX vs EPU?	86
Assessing the safe haven property of the gold market during COVID-19 pandemic	83
Why do institutional investors buy green bonds: Evidence from a survey of European asset managers	83
The impact of COVID-19 pandemic on transmission of monetary policy to financial markets	83
Immunizing markets against the pandemic: COVID-19 vaccinations and stock volatility around the world	82
Dynamic volatility spillovers and investment strategies between the Chinese stock market and commodity markets	81
A tale of two tails among carbon prices, green and non-green cryptocurrencies	79
Firms' digitalization and stock price crash risk	79
News sentiment in the cryptocurrency market: An empirical comparison with Forex	77
Tail dependence between Bitcoin and financial assets: Evidence from a quantile cross-spectral approach	77
Cooperative financial institutions: A review of the literature	75
Volatility spillovers across NFTs news attention and financial markets	75
Impact of internet finance on the performance of commercial banks in China	75
Carbon disclosure, carbon performance and financial performance: International evidence	73
Machine learning as an early warning system to predict financial crisis	73
The impact of Covid-19 on G7 stock markets volatility: Evidence from a ST-HAR model	73
Financial market development: A potentiating policy choice for the green transition in G7 economies	72
From COVID-19 herd immunity to investor herding in international stock markets: The role of government and regulatory restrictions	71
Linkages between DeFi assets and conventional currencies: Evidence from the COVID-19 pandemic	70
Covid-19 pandemic and spillover effects in stock markets: A financial network approach	69
Cash flow uncertainty, financial constraints and R&D investment	67
Trump vs. Paris: The impact of climate policy on U.S. listed oil and gas firm returns and volatility	65
The impact of the Russian-Ukrainian war on global financial markets	64
Time-frequency spillovers among carbon, fossil energy and clean energy markets: The effects of attention to climate change	64
Investor attention in cryptocurrency markets	62
Do ESG ratings promote corporate green innovation? A quasi-natural experiment based on SynTao Green Finance's ESG ratings	61
Small fish in big ponds: Connections of green finance assets to commodity and sectoral stock markets	61
Dynamic spillovers across oil, gold and stock markets in the presence of major public health emergencies	60
Spillovers and connectedness between major precious metals and major currency markets: The role of frequency factor	60
The influence of the COVID-19 pandemic on asset-price discovery: Testing the case of Chinese informational asymmetry	59
Corporate social responsibility and investment efficiency: Does business strategy matter?	57
ESG performance and corporate risk-taking: Evidence from China	57
Product market competition in accounting, finance, and corporate governance: A review of the literature	57
Achieving the United Nations' sustainable development goals through financial inclusion: A systematic literature review of access to finance across the globe	57
The impact of geopolitical uncertainty on energy volatility	56
Time-frequency co-movement of cryptocurrency return and volatility: Evidence from wavelet coherence analysis	56
Dynamic volatility spillover effects between oil and agricultural products	55
Environmental regulation and firm product quality improvement: How does the greenwashing response?	55
Economic policy uncertainty and corporate financialization: Evidence from China	55
Nonlinear effects of climate policy uncertainty and financial speculation on the global prices of oil and gas	53
The impact and role of COVID-19 uncertainty: A global industry analysis	52
Spatial linkage of volatility spillovers and its explanation across G20 stock markets: A network framework	51
Corporate governance quality and financial leverage: Evidence from China	51
Decentralized exchanges: The “wild west” of cryptocurrency trading	50

Asymmetric interdependencies between large capital cryptocurrency and Gold returns during the COVID-19 pandemic crisis	50
Environmental regulation, green innovation, and export product quality: What is the role of greenwashing?	50
What drive carbon price dynamics in China?	50
Economic fundamentals or investor perceptions? The role of uncertainty in predicting long-term cryptocurrency volatility	50
Corporate social responsibility, corporate financial performance and the confounding effects of economic fluctuations: A meta-analysis	50
Global equity market volatilities forecasting: A comparison of leverage effects, jumps, and overnight information	48
ESG Controversies, ESG Disclosure and Analyst Forecast Accuracy	48
Does oil price have similar effects on the exchange rates of BRICS?	47
The role of the carbon market in relation to the cryptocurrency market: Only diversification or more?	46
How world uncertainties and global pandemics destabilized food, energy and stock markets? Fresh evidence from quantile on quantile regressions	46
Which cryptocurrency data sources should scholars use?	46
Identifying the comovement of price between China's and international crude oil futures: A time-frequency perspective	44
The illusion of the metaverse and meta-economy	44
The 2008 global financial crisis and COVID-19 pandemic: How safe are the safe haven assets?	44
Investor sentiment and stock volatility: New evidence	44
Controlling shareholder share pledging and stock price crash risk: Evidence from China	44
A bibliometric review of financial market integration literature	44
Herd behaviour & investor sentiment: Evidence from UK mutual funds	42
Board gender diversity, power, and bank risk taking	42
Inflation targeting & implications of oil shocks for inflation expectations in oil-importing and exporting economies: Evidence from three Nordic Kingdoms	41
Foreign institutional ownership and corporate cash holdings: Evidence from emerging economies	41
Bank competition, concentration and EU SME cost of debt	41
Board of directors’ attributes and corporate outcomes: A systematic literature review and future research agenda	40
Media sentiment and short stocks performance during a systemic crisis	40
Can both Bitcoin and gold serve as safe-haven assets? — A comparative analysis based on the NARDL model	40
Cyber-attacks and stock market activity	40
Dynamic efficiency and arbitrage potential in Bitcoin: A long-memory approach	40
Volatility spillover and investment strategies among sustainability-related financial indexes: Evidence from the DCC-GARCH-based dynamic connectedness and DCC-GARCH t-copula approach	40
Green finance and investment behavior of renewable energy enterprises: A case study of China	40
Is Bitcoin a better portfolio diversifier than gold? A copula and sectoral analysis for China	40
Asymmetric volatility spillover between oil-importing and oil-exporting countries' economic policy uncertainty and China's energy sector	39
Quantile connectedness between energy, metal, and carbon markets	39
R&D and environmentally induced innovation: Does financial constraint play a facilitating role?	39
Do state subsidies increase corporate environmental spending?	39
Ecological compensation in air pollution governance: China's efforts, challenges, and potential solutions	39
Quantile connectedness between sentiment and financial markets: Evidence from the S&P 500 twitter sentiment index	39
Measuring quantile dependence and testing directional predictability between Bitcoin, altcoins and traditional financial assets	39
Tail risk measurement in crypto-asset markets	39
When bitcoin lost its position: Cryptocurrency uncertainty and the dynamic spillover among cryptocurrencies before and during the COVID-19 pandemic	38
Should investors include green bonds in their portfolios? Evidence for the USA and Europe	38
Does Bitcoin still own the dominant power? An intraday analysis	38
Economic resiliency and recovery, lessons from the financial crisis for the COVID-19 pandemic: A regional perspective from Central and Eastern Europe	38
Financing the green projects: Market efficiency and volatility persistence of green versus conventional bonds, and the comparative effects of health and financial crises	37
Retail investor attention and firms' idiosyncratic risk: Evidence from China	37
The dilemma of government intervention in a firm's financing: Evidence from China	37
Can fintech innovation promote household consumption? Evidence from China family panel studies	37
Bearing an imprint: CEOs' early-life experience of the Great Chinese Famine and stock price crash risk	36
Fiscal incentives, financial support for agriculture, and urban-rural inequality	36
Geopolitical risk, climate risk and energy markets: A dynamic spillover analysis	35
How cryptocurrency affects economy? A network analysis using bibliometric methods	35
Beyond narrative disclosure tone: The upper echelons theory perspective	34
“Shiny” crypto assets: A systemic look at gold-backed cryptocurrencies during the COVID-19 pandemic	34
Re-examination of international bond market dependence: Evidence from a pair copula approach	34
A network perspective of comovement and structural change: Evidence from the Chinese stock market	34
Higher-order moment risk connectedness and optimal investment strategies between international oil and commodity futures markets: Insights from the COVID-19 pandemic and Russia-Ukraine conflict	33
Key audit matters and stock price synchronicity: Evidence from a quasi-natural experiment in China	33
Exchange rate return predictability in times of geopolitical risk	33
Stock market reaction to COVID-19: Evidence from U.S. Firms’ International exposure	33
Asymmetric mean reversion of Bitcoin price returns	33
How does fintech influence carbon emissions: Evidence from China's prefecture-level cities	33
Multilayer financial networks and systemic importance: Evidence from China	33
News-based sentiment and bitcoin volatility	32
Predicting stock returns: A risk measurement perspective	32
Enterprise digital transformation, breadth of ownership and stock price volatility	32
Multi-dimensional corporate social responsibilities and stock price crash risk: Evidence from China	32
Information uncertainty, investor sentiment, and analyst reports	32
Economic policy uncertainty and firm investment decisions: Dilemma or opportunity?	31
More heat than light: Investor attention and bitcoin price discovery	31
Investor attention shocks and stock co-movement: Substitution or reinforcement?	31
Institutional characteristics and the development of crowdfunding across countries	31
A systematic literature review on risk disclosure research: State-of-the-art and future research agenda	31
Information connectedness of international crude oil futures: Evidence from SC, WTI, and Brent	31
Shareholder litigation rights and ESG controversies: A quasi-natural experiment	30
Board gender diversity and dividend payout: The critical mass and the family ties effect	30
Extreme spillover effect of COVID-19 pandemic-related news and cryptocurrencies on green bond markets: A quantile connectedness analysis	30
Dynamic spillovers between uncertainties and green bond markets in the US, Europe, and China: Evidence from the quantile VAR framework	30
Research on the impact of OFDI on the home country's global value chain upgrading	30
Do site visits mitigate corporate fraudulence? Evidence from China	29
Does economic policy uncertainty drive nonlinear risk spillover in the commodity futures market?	29
The ESG effect on the cost of debt financing: A sharp RD analysis	29

Green bond vs conventional bond: Outline the rationale behind issuance choices in China	29
Forecasting crude oil volatility with geopolitical risk: Do time-varying switching probabilities play a role?	29
The financial market effects of international aviation disasters	29
Connectedness structures of sovereign bond markets in Central and Eastern Europe	29
Monetary policy and commodity markets: Unconventional versus conventional impact and the role of economic uncertainty	29
Climate risk and bank liquidity creation: International evidence	29
Do the crude oil futures of the Shanghai International Energy Exchange improve asset allocation of Chinese petrochemical-related stocks?	28
The effect of market competition on corporate cash holdings: An analysis of corporate innovation and financial constraint	28
Climate policy uncertainty and risks taken by the bank: Evidence from China	28
CSR, financial and non-financial performance in the tourism sector: A systematic literature review and future research agenda	28
The impacts of investors' sentiments on stock returns using fintech approaches	28
International review of financial analysis: A retrospective evaluation between 1992 and 2020	28
Oil price shocks, investor sentiment, and asset pricing anomalies in the oil and gas industry	27
Research on optimization of an enterprise financial risk early warning method based on the DS-RF model	27
Business Tax reform and CSR engagement: Evidence from China	26
Non-performing loans in the euro area: Does bank market power matter?	26
Time and frequency connectedness of green equity indices: Uncovering a socially important link to Bitcoin	26
The monitoring role of venture capital on controllers' tunneling: Evidence from China	26
Cash-rich firms and carbon emissions	26
A comprehensive look at stock return predictability by oil prices using economic constraint approaches	26
On the asymmetric relationship between stock market development, energy efficiency and environmental quality: A nonlinear analysis	26
High-technology development zones and innovation in knowledge-intensive service firms: Evidence from Chinese A-share listed firms	26
The run-up to the global financial crisis: A longer historical view of financial liberalization, capital inflows, and asset bubbles	26
ESG scores and target price accuracy: Evidence from sell-side recommendations in BRICS	26
Environmental regulations and firms' green innovations: Transforming pressure into incentives	26
The influence of qualified foreign institutional investors on internal control quality: Evidence from China	26
Pandemic-driven financial contagion and investor behavior: Evidence from the COVID-19	26
Multivariate long memory structure in the cryptocurrency market: The impact of COVID-19	25
Do green bonds and economic policy uncertainty matter for carbon price? New insights from a TVP-VAR framework	25
Research on China's financial systemic risk contagion under jump and heavy-tailed risk	25
Fetching better deals from creditors: Board busyness, agency relationships and the bank cost of debt	25
Sentiment stocks	25
Constructing a positive sentiment index for COVID-19: Evidence from G20 stock markets	25
Corporate cash holdings, agency problems, and economic policy uncertainty	25
The impact of abnormal real earnings management to meet earnings benchmarks on future operating performance	24
Tail connectedness between lending/borrowing tokens and commercial bank stocks	24
The effect of earnings management on firm performance: The moderating role of corporate governance quality	24
Does insiders share pledging stifle innovation? Evidence from China	24
Liquidity in the cryptocurrency market and commonalities across anomalies	24
Explain systemic risk of commodity futures market by dynamic network	24
Network structures and idiosyncratic contagion in the European sovereign credit default swap market	24
What role do futures markets play in Bitcoin pricing? Causality, cointegration and price discovery from a time-varying perspective?	24
Digital finance and corporate financial fraud	24
Oil price volatility predictability based on global economic conditions	24
MAX momentum in cryptocurrency markets	23
A novel two-stage approach for cryptocurrency analysis	23
Fintech, macroprudential policies and bank risk: Evidence from China	23
Evidence of oil market price clustering during the COVID-19 pandemic	23
Towards sustainable development: How does ESG performance promotes corporate green transformation	23
Impacts of COVID-19 outbreak, macroeconomic and financial stress factors on price spillovers among green bond	23
Extreme quantile spillovers and drivers among clean energy, electricity and energy metals markets	23
VCRIX — A volatility index for crypto-currencies	23
Two sides of the same coin: Green Taxonomy alignment versus transition risk in financial portfolios	23
Does cyber tech spending matter for bank stability?	23
Corruption and innovation in private firms: Does gender matter?	23
Macroeconomic attention, economic policy uncertainty, and stock volatility predictability	23
A bibliometric analysis of cultural finance	23
Interconnected multilayer networks: Quantifying connectedness among global stock and foreign exchange markets	22
Price discovery and microstructure in ether spot and derivative markets	22
Environmental subsidy disruption, skill premiums and ESG performance	22
Economic policy uncertainty and leverage dynamics: Evidence from an emerging economy	22
Examining the relationship between policy uncertainty and market uncertainty across the G7	22
The BOJ's ETF purchases and its effects on Nikkei 225 stocks	22
Policy uncertainty and peer effects: Evidence from corporate investment in China	22
China-european railway, investment heterogeneity, and the quality of urban economic growth	22
Risk quantification for commodity ETFs: Backtesting value-at-risk and expected shortfall	22
Climate transition risk in U.S. loan portfolios: Are all banks the same?	22
Does the mandatory disclosure of audit information affect analysts' information acquisition?	22
Financial contagion intensity during the COVID-19 outbreak: A copula approach	21
Corporate immunity, national culture and stock returns: Startups amid the COVID-19 pandemic	21
Ethical and unethical investments under extreme market conditions	21
Do co-opted boards strategically choose LGBT-supportive policies?	21
How does China's stock market react to supply chain disruptions from COVID-19?	21
On the intraday return curves of Bitcoin: Predictability and trading opportunities	21
Effects of investor sentiment and country governance on unexpected conditional volatility during the COVID-19 pandemic: Evidence from global stock markets	21
Geopolitical risk and the returns and volatility of global defense companies: A new race to arms?	21
Can ESG ratings mitigate managerial myopia? Evidence from Chinese listed companies	21
Systemic risk in the Chinese financial system: A panel Granger causality analysis	21
On the effects of uncertainty measures on sustainability indices: An empirical investigation in a nonlinear framework	21
Investor heterogeneity and momentum-based trading strategies in China	20
How does digital inclusive finance affect economic resilience: Evidence from 285 cities in China	20
Climate transition risk, profitability and stock prices	20
Up or down? Short-term reversal, momentum, and liquidity effects in cryptocurrency markets	20
Sentiment and stock market connectedness: Evidence from the U.S. – China trade war	20
Capital market pressure, real earnings management, and institutional ownership stability - Evidence from Poland	20
The efficiency of Bitcoin: A strongly typed genetic programming approach to smart electronic Bitcoin markets	20
Can the Chinese volatility index reflect investor sentiment?	20
Information transmission among energy markets, cryptocurrencies, and stablecoins under pandemic conditions	20
Exploring the relationship between cryptocurrencies and hedge funds during COVID-19 crisis	20
NFTs, DeFi, and other assets efficiency and volatility dynamics: An asymmetric multifractality analysis	20
Detecting stock market manipulation via machine learning: Evidence from China Securities Regulatory Commission punishment cases	20
Voluntary adoption of board risk committees and financial constraints risk	20
Static and dynamic liquidity spillovers in the Eurozone: The role of financial contagion and the Covid-19 pandemic	20
Economic policy uncertainty and the cost of capital	20
U.S. leveraged loan and debt markets: Implications for optimal portfolio and hedging	20