International Review of Financial Analysis

Article	Citations
Concealment and detection: The influence of management tone on analyst forecast revisions	471
Impact and moderating mechanism of corporate tax avoidance on firm value from the perspective of corporate governance	397
Green bond underwriting, financial openness, and profitability of commercial banks	356
Does public attention to biodiversity matter to stock markets?	323
Do suppliers value customer firms' digital transformation? Evidence from trade credit provision	322
Speaking business: A systematic literature review of linguistic structures and financial reporting behavior	266
Financial flexibility and corporate financing efficiency	238
Betting on mean reversion in the VIX? Evidence from ETP flows	206
Financial technology, population aging, and corporate innovation	184
Climate policy uncertainty and analyst earnings forecasts: Evidence from the Chinese energy sector	181
Assessing Firm ESG Performance Through Corporate Survival: The Moderating Role of Firm Size	179
Subsidiary financing choices: The roles of institutional distances from home countries	169
Are female directors more inclined to avoid risks?	167
Stock market entry timing and retail investors' disposition effect	158
Existence of multiple equilibria in a short-term market with persistent liquidity trading	154
Investing in wine, precious metals and G-7 stock markets – A co-occurrence analysis for price bubbles	151
The Bitcoin volume-volatility relationship: A high frequency analysis of futures and spot exchanges	151
The impact of institutional analyst forecast divergence on crude oil market: Evidence from the mixed frequency models	148
Does cybersecurity risk stifle corporate innovation activities?	145
Examining the volatility of soybean market in the MIDAS framework: The importance of bagging-based weather information	139
Heterogeneous impacts of climate change news on China's financial markets	135
Institutional investor networks and firm innovation: Evidence from China	135
Information interaction among institutional investors and stock price crash risk based on multiplex networks	134
Institutional investors' corporate site visits and firm-level climate change risk disclosure	133
Optimal relation-specific investment, financing, and the supply chain capital structure under uncertainty	126

Greening the future: How green manufacturing shapes corporate environmental and ESG success	123
Left-tail momentum and tail properties of return distributions: A case of Korea	122
Does mandating narrative disclosure of innovation help unveil the curtain of R&D expenditure? Evidence from regulation change in China	121
Asymmetric volatility in the cryptocurrency market: New evidence from models with structural breaks	119
Executive power discrepancy and corporate ESG greenwashing	116
Ecological risk and corporate sustainability: Examining ESG performance, risk management, and productivity	114
ESG rating results and corporate total factor productivity	113
Moderating effect of business environment on the relationship between fiscal science and technology expenditure and venture capital	113
Beyond the balance sheet: Assessing corporate governance through the Lens of debtholders	112
Financial flexibility, firm performance, and financial distress: A comparative study of China and the U.S. during pandemics	111
Green finance policy and green economic transformation	109
FX resilience around the world: Fighting volatile cross-border capital flows	104
Oil futures volatility predictability: New evidence based on machine learning models	102
Revisiting the economic policy uncertainty and resource rents nexus: Moderating impact of financial sector development in BRICS	102
Detecting signed spillovers in global financial markets: A Markov-switching approach	99
Corporate culture and investment inefficiency	98
Do error-tolerance and correction mechanisms enhance the performance of state-owned enterprises in China?	96
Equilibrium reinsurance strategies for catastrophe and secondary claims under α	95
Transforming banking: Examining the role of AI technology innovation in boosting banks financial performance	95
Is Bitcoin a hedge or safe-haven asset during the period of turmoil? Evidence from the currency, bond and stock markets	93
Editorial Board	93
Top investment banks, confirmation Bias, and the market pricing of forecast revisions	90
Forecasting stock-market tail risk and connectedness in advanced economies over a century: The role of gold-to-silver and gold-to-platinum price ratios	90
Ecological finance theory: New foundations	89
The impact of shareholder intervention on overinvestment of free cash flow by overconfident CEOs	87
Herding and market volatility	85
NFTs, DeFi, and other assets efficiency and volatility dynamics: An asymmetric multifractality analysis	83
What drives financial market growth in Africa?	82
Chaos, overfitting and equilibrium: To what extent can machine learning beat the financial market?	80
Climate risk and bank liquidity creation: International evidence	79
The impact of ESG profile on Firm's valuation in emerging markets	76
Customer concentration and digital transformation	76
The liquidity and trading activity effects of acquisition payment methods: Evidence from the announcements of private firms' acquisitions	75
The crisis alpha of managed futures: Myth or reality?	75
Predicting equity premium out-of-sample by conditioning on newspaper-based uncertainty measures: A comparative study	74
Information content of sustainability index recomposition: A synthetic portfolio approach	73
Dynamic connectedness and optimal hedging strategy among commodities and financial indices	73
Where is the distribution tail threshold? A tale on tail and copulas in financial risk measurement	73
Exploring household financial strain dynamics	73
Analysis about the Black-Scholes asset price under the regime-switching framework	72
Semi-strong efficient market of Bitcoin and Twitter: An analysis of semantic vector spaces of extracted keywords and light gradient boosting machine models	72
Depositor market discipline: New evidence from selling failed banks	72
Do cryptocurrencies feel the music?	70
Unconscious thoughts as a spur and halt on good financial decisioning making	69
Editorial Board	68
Timing the volatility risk of beta anomaly: Evidence from hedge fund strategies	68
Ambiguity and asset pricing: An empirical investigation for an emerging market	68
Trade debts and bank lending in years of crisis	68
Do we need higher-order comoments to enhance mean-variance portfolios? Evidence from a simplified jump process	68
The London Whale Scandal under new Scrutiny	68

Critical dynamics related to a recent Bitcoin crash	67
Evaluating the performance of futures hedging using factors-driven realized volatility	66
Gold and CoVid-19: Uncovering the safe haven hypothesis with dynamic MSR modeling	65
Editorial Board	65
A non-probabilistic approach to efficient portfolios	65
The impact of different goodwill accounting methods on stock prices: A comparison of amortization and impairment-only methodologies	65
Behavioral asset pricing under expected feedback mode	65
Editorial Board	64
Bank affiliation and mutual funds’ trading strategy distinctiveness	64
Leading indicators for the US housing market: New empirical evidence and thoughts about implications for risk managers and ESG investors	63
The effects of economic and financial shocks on private investment: A wavelet study of return and volatility spillovers	63
Risk taking, performance, and resilience to the COVID-19 pandemic: Evidence from public property-casualty insurers	62
Share repurchase and financialization:Evidence from China	62
The higher the better? Hedging and investment strategies in cryptocurrency markets: Insights from higher moment spillovers	61
Measuring the G20 stock market return transmission mechanism: Evidence from the	60
The sources of portfolio volatility and mutual fund performance	59
Is managerial ability a moderator? The effect of credit risk and liquidity risk on the likelihood of bank default	59
Fund trading divergence and performance contribution	59
Co-jumps in the U.S. interest rates and precious metals markets and their implications for investors	59
Strategy choices in strategic risk-taking: Does climate risk matter?	59
Uncertainty and cryptocurrency returns: A lesson from turbulent times	59
Impacts of sovereign risk premium on bank profitability: Evidence from euro area	58
A volatility model based on adaptive expectations: An improvement on the rational expectations model	58
Cross-sectional interactions in cryptocurrency returns	58
Local government debt, financing constraints and firms' green total factor productivity	56
Effects of inflation and macroprudential policies on bank risk: Evidence from emerging economies	56
Non-stationary financial risk factors and macroeconomic vulnerability for the UK	56
Digitalization and banks' efficiency: Evidence from a European analysis	56
Attention to biodiversity and stock returns	56
Challenges to corporate supply chain stability under the trend of expert power concentration	56
Digital transformation, employee and executive compensation, and sustained green innovation	55
How do ESG ratings promote digital technology innovation?	55
Editorial Board	53
Cybersecurity and executive compensation: Can inside debt-induced risk aversion improve cyber risk management effectiveness?	53
YouTube view count, investor attention and stock returns	53
The impact of corporate governance on the information content of earnings and cash flows: Evidence from Brazil	52
The presence and composition of sustainability committee and waste management practices	52
The power of a name: Exploring the relationship between ICO name fluency and investor decision making	52
Good volatility, bad volatility, and the cross section of cryptocurrency returns	51
Corrigendum to “Accounting conservatism as a strategy to deter entry: Evidence from China's Negative List System” [International Review of Financial Analysis (2024) 93: 103143]	51
Predicting mergers & acquisitions: A machine learning-based approach	51
Foundation-controlled firms and CEO compensation	50
Oil price uncertainty, workplace misconduct, and cash holding	50
Multinational corporations and share pledging of the controlling shareholder	50
Local environmental organizations and long-term investor value appropriation	50
Real estate depreciation and cash policy for innovative firms	50
Energy finance research: What happens beneath the literature?	50
Abnormal investment and firm performance	49
Mixed-ownership structure, non-state-blockholder coalition, and tax avoidance	49
Policy uncertainty and peer effects: Evidence from corporate investment in China	49
What has inflation targeting done for household consumption?	49
Financial market development: A potentiating policy choice for the green transition in G7 economies	49
Competitive imitation and corporate innovation in private enterprises	49
Top management abnormal turnover and stock price crash risk: Evidence from China	49
Signaling effect of cash holdings adjustment before bond issuance	49
The effects of negative reputational contagion on international airlines: The case of the Boeing 737-MAX disasters	48
Monetary policy and uncertainty spillovers: Evidence from a wavelet and frequency connectedness analysis	48
Personal bankruptcy and consumer credit delinquency: The case of personal finance education	47
Do stress and overstatement in the news affect the stock market? Evidence from COVID-19 news in The Wall Street Journal	47
Corporate strategic aggression and environmental investment decisions: Evidence from A-share listed firms	47
Pandemic-driven financial contagion and investor behavior: Evidence from the COVID-19	47
Asset redeployability and firm value amidst the COVID-19 pandemic: A real options perspective	46
Does ESG performance affect audit pricing? Evidence from China	46
Editorial Board	46
Administrative monopoly and state-owned enterprise innovation: Evidence from the fair competition review system in China	46
Assessing resilience to systemic risks across interbank credit networks using linkage-leverage analysis: Evidence from Japan	45
Can public data availability affect stock price crash risk? Evidence from China	45
Realized normal volatility and maximum outlying jumps in high frequency returns for Korean won–US Dollar	44
The impact of COVID-19 on the relative market efficiency and forecasting ability of credit derivative and equity markets	43
Do Chinese firms speculate during high economic policy uncertainty? Evidence from wealth management products	43
The investment behavior of China-connected mutual funds in the pandemic: Information advantage through operational link	43
Tax incentives, business environment, and entrepreneurial and innovation outcome	43
The impact of macroeconomic news sentiment on interest rates	43
Online sales and stock price synchronicity: Evidence from China	43
Experience and cautious decision-making: Executive green background, environmental investment, and informal institutions	43
Can salience theory explain investor behaviour? Real-world evidence from the cryptocurrency market	43
The contagion effect of overconfidence in business group	42
A conditional higher-moment CAPM	42
Government audit supervision, financialization, and executives' excess perks: Evidence from Chinese state-owned enterprises	42
The effects of macroprudential policy on banks' profitability	42

Systemic risk from overlapping portfolios: A multi-objective optimization framework	41
Towards an era of multi-source uncertainty: A systematic and bibliometric analysis	41
Did U.S. and Chinese investors respond differently to the exogenous shocks from COVID-19 and the war in Ukraine?	41
The innovation effect of digital M&As: Evidence from China	40
The impacts of futures trading on volatility and volatility asymmetry of Bitcoin returns	40
Tax incentives, supply chain spillovers, and enterprise technological innovation	39
Do capital buffers matter? Evidence from the stocks and flows of nonperforming loans	39
A bibliometric analysis of cultural finance	39
Product market competition and the value of corporate cash: An agency theory explanation	39
Information shocks and short-term market overreaction: The role of investor attention	38
Oil price disaster risk, macroeconomic dynamics and monetary policy	38
Internal information quality and financial policy peer effects	38
Climate stress testing for mortgage default probability	38
Testing rational expectations in a cointegrated VAR with structural change	37
The impact of the Russia–Ukraine war on volatility spillovers	37
Green spillover effect of human capital growth—Evidence from the PM enrollment expansion	37
VAT credit refunds and firm productivity: Evidence from China's VAT reform	37
Prediction of realized volatility and implied volatility indices using AI and machine learning: A review	37
The UK equity release market: Views from the regulatory authorities, product providers and advisors	36
The macro driving factors of co-movement of RMB with other currencies in FX markets	36
The price discovery in the renminbi/USD market: Two spot, two swap, and three forward FX rates	36
Understanding co-movements based on heterogeneous information associations	36
Market-wide illiquidity and the distribution of non-parametric stochastic discount factors	35
When acquirers are short on cash flow in M&A deals	35
Heterogeneous impact of economic and political uncertainty on green bond volatility: Evidence from the MRS-GARCH-MIDAS-Skewed T model	35
Top managers' environmental experience and corporate environmental violations: Evidence from China	35
A dynamic analysis of the neglected firm effect	35
Should Basel-style liquidity requirements be set countercyclically? Evidence from a numerical analysis	34
Mutual fund cliques, fund flow-performance sensitivity, and stock price crash risk	34
Investor attention and anomalies: Evidence from the Chinese stock market	34
Mining the emotional information in the audio of earnings conference calls : A deep learning approach for sentiment analysis of securities analysts' follow-up behavior	34
Banking competition and regional carbon emissions: Intensifying or suppressing? – Estimation based on a bilateral random frontier model	34
Crime and covenants	34
Relationship between business environment and regional innovation level: Examining the moderating role of digital finance	33
Social security, relative deprivation, digital capacity, and household financial investment behavior	33
Does idiosyncratic volatility always reflect transparency? Evidence from Chinese equity and bond markets	33
Climate transition risk, environmental news coverage, and stock price crash risk	33
Fee structure and equity fund manager’s optimal locking in profits strategy	33
Hunting the quicksilver: Using textual news and causality analysis to predict market volatility	32
Can digital economy mitigate vertical fiscal imbalances in Chinese local government? The role of fiscal transparency	32
The effects of overnight events on daytime trading sessions	32
Rating manipulation and creditworthiness for platform economy: Evidence from peer-to-peer lending	32
Does R&D make stocks lottery-like?	32
Would carbon tax policy promote real estate prices?	32
Investor propensity to speculate and price delay in emerging markets	31
Credit stimulus and corporate excess employees	31
Can parental financial literacy enhance children's higher education opportunities?	31
The power of religion: Islamic investing in the lab	31
How do ESG firms invest?	31
U.S. leveraged loan and debt markets: Implications for optimal portfolio and hedging	31
Which is more important in stock market forecasting: Attention or sentiment?	31
Pay for air pollution: Ecological compensation policy and corporate investment	31
Bank market power and supervisory enforcement actions	31
Model specification for volatility forecasting benchmark	30
Exploring the source of the financial performance in Chinese banks: A risk-adjusted decomposition approach	30
Temperature and trading behaviours	30
Can energy predict the regional prices of carbon emission allowances in China?	30
Textual analysis of corporate sustainability reporting and corporate ESG scores	30
Tax information and corporate environmental investment	30
Risk factors disclosure and corporate philanthropy	30
Does corporate culture impact tax shelter? A machine learning approach	30
Risk-taking and performance of government bond mutual funds	30
Credit default swaps and shareholder monitoring	30
Volatility prediction for the energy sector with economic determinants: Evidence from a hybrid model	29
Black mouth, investor attention, and stock return	29
M&A performance commitments and insider trading: ‘Listen to their words’ or ‘watch their actions’?	29
Corporate social responsibility and the choice of payment method in mergers and acquisitions	29
Micro Mechanisms Driving China's Clean Energy Flourish: Business Expansion and Financing	29
Risk culture in corporate innovation	29
Coping with the storm: The role of fintech in SME survival	29
Robots and analyst forecast precision: Evidence from Chinese manufacturing	29
The dilemma of hometown identity: Evidence from Chinese corporate cost behavior	29
Carbon-intensive industries in Socially Responsible mutual funds' portfolios	29
Fat tails in private equity fund returns: The smooth double Pareto distribution	29
The supply of analysts and earnings forecasts	29
Government GDP targets and corporate capacity expansion – Empirical evidence based on A-share listed companies	28
How does implementing the social insurance law affect enterprises' investment preferences?	28
The role of accounting standards in financial inclusion	28
Chinese corporate distress prediction using LASSO: The role of earnings management	28
Unveiling the adverse selection problem in China's digital lending market: Evidence from CHFS	28
Why do small businesses have difficulty in accessing bank financing?	28
ESG, technological innovation and firm value: evidence from china	28
The determinants of voluntary disclosure: Integration of eXtreme gradient boost (XGBoost) and explainable artificial intelligence (XAI) techniques	28
Do firms listen to the ESG voices of minority investors? Evidence from China	28
CEO overconfidence: Towards a new measure	28
Firm leverage and employee pay: The moderating role of CEO leadership style	28
Systemic risk of commodity markets: A dynamic factor copula approach	27
Population aging and regional innovation levels: Based on the mediating effect of research and development inputs	27
The impact of intellectual property protection on the development of artificial intelligence in enterprises	27
Returns and volatilities of energy futures markets: Roles of speculative and hedging sentiments	27
FDI technology spillovers in Chinese supplier-customer networks	27
Energy price uncertainty and the value premium	27
Does the mandatory disclosure of audit information affect analysts' information acquisition?	27
Corporate social irresponsibility: The relationship between ESG misconduct and the cost of equity	27
Dynamic volatility spillovers and investment strategies between the Chinese stock market and commodity markets	27