International Review of Economics & Finance

Article	Citations
Debt's shadow: How leverage weighs down investment	402
The impact of different recommendation algorithms on consumer search behavior and merchants competition	344
Can rural health insurance coverage improve educational attainment? Evidence from new cooperative medical scheme in China	241
Extreme dynamic connectedness and hedging strategy across commodity, bond, currency, and stock markets: Evidence from Asian Pacific, Canada, Mexico, and US countries	234
Does environmental regulation affect labor investment Efficiency?Evidence from a quasi-natural experiment in China	216
Active or passive portfolio: A tracking error analysis under uncertainty theory	205
COVID-19 exposure, financial flexibility, and corporate leverage adjustment	204
Do the dynamics of macroeconomic attention drive the yen/dollar exchange market volatility?	175
Does intergenerational mobility affect corporate innovation? Evidence from Chinese manufacturing enterprises	170
Board independence and PIPE offerings	145
Risk-premium shocks and the prudent exchange rate policy	135
Determinants of the price of bitcoin: An analysis with machine learning and interpretability techniques	132
How does corporate diversification affect earnings management? A path analysis approach	125
Controlling shareholder expropriation and labor investment efficiency	120
Cybersecurity policy, ESG and operational risk: A Virtuous relationship to improve banks’ performance	101
Dig the treasure nearby: The impact of local supplier preference on trade credit financing	94
Impacts of population aging on bank loan portfolios: Evidence from China	91
Forecasting stock volatility using pseudo-out-of-sample information	91
A comprehensive analysis of the decline in the market-to-book ratio of European banks	89
Climate change exposure in uncertain times: A text-based approach	83
Dynamic spillover between green cryptocurrencies and stocks: A portfolio implication	82
Does heterogeneous media sentiment matter the ‘green premium’? An empirical evidence from the Chinese bond market	82
An indicator of monetary bias for emerging and partially dollarized economies: The case of Uruguay	78
Can the Degree of Party Membership Among Management Enhance Corporate Innovation Performance? -- The Moderating Role of Technology Finance	78
Deliberate premarket underpricing: New evidence on IPO pricing using machine learning	72

Debt finance and economic activity in the euro-area: evidence on asymmetric and maturity effects	72
Behavioral aspects of household portfolio choice: Effects of loss aversion on life insurance uptake and savings	71
Market-timing performance of mutual fund investors in Emerging Markets	71
Crowding out or crowding in? Reevaluating the effect of government spending on private economic activities	71
Variation in the competition − Efficiency nexus: Evidence from emerging markets	70
Measuring the productivity of urban commercial banks in China	68
Why have UK universities become more indebted over time?	68
Trade facilitation and firms exports: Evidence from customs data	66
Board gender diversity and cost of equity: Evidence from mandatory female board representation	64
Global uncertainty and the spillover of tail risk between green and Islamic markets: A time-frequency domain approach with portfolio implications	64
Exploring the dynamic links, implications for hedging and investment strategies between Sukuk and commodity market volatility: Evidence from country level analysis	64
Renaissance of climate policy uncertainty: The effects of U.S. presidential election on energy markets volatility	64
Effects of shareholder proposals on the market value of Japanese firms	64
Only strong short-term contrarian effect exists in Chinese stock market: The role of the T+1 trading mechanism	63
Do China and USA differ in the interrelationship between green bond and ESG markets?	62
Can green credit policy increase corporate pollution abatement efforts? Evidence from China	62
Local CEOs and environmentally-friendly enterprise behaviour	62
Capital structure and corporate litigation	61
The peer effects of PIPEs	61
Non-linear nexus between economic policy uncertainty and bank lending	61
Do financing constraints affect the financial integrity of firms?	61
Digital finance, capital misallocation and corporate innovation	61
Financial crises, bank efficiency and survival: Theory, literature and emerging market evidence	60
Scale of cities and social trust: Evidence from China	59
Policy-driven employment structure transformation: The role of innovation and education investment	59
Measuring Chinese climate uncertainty	58
Corporate ESG performance and trade credit financing – Evidence from China	58
Editorial Board	57
Editorial Board	56
The heterogeneity of interest-induced MPC: Evidence from mortgage borrowers	56
Competitive runs on Government debt	56
“Tax reduction” and the financialization of real enterprises: Evidence from China’s “VAT reform”	55
Business cycles in emerging markets: The role of liability dollarization and valuation effects	55
Small and medium-sized banks and pollution emissions from industrial enterprises	54
Corporate loan duration, macroeconomic environments, and COVID-19	53
Impacts of digital-technology adoption on workers: A simple model and evidence from China	52
Network externalities, strategic delegation and optimal trade policy	52
Impact of the digital entrepreneurial ecosystem on startup performance: An empirical study from China	52
Forecasting stock market realized volatility: The role of investor attention to the price of petroleum products	51
Asymmetric effect of trading volume on realized volatility	51
Industrial linkage and clustered regional business cycles in China	51
Using boosting algorithms to predict bank failure: An untold story	51
Mortgage loan and housing market	50
Bond market spillover networks of ASEAN-4 markets: Is the global pandemic different?	49
A revisit of capital structure puzzle: Global evidence and analysis	49
Dynamic connectedness of major financial markets in China and America	49
Dynamic asymmetric tail dependence structure among multi-asset classes for portfolio management: Dynamic skew-49
Informed trading in the CDS and OTM put option markets	48
WITHDRAWN: Bond market reform and investors' risk awareness: Evidence from the issuing pricing of corporate bonds in China	48
The religious fringe of Corporate Social Responsibility	48

The Brazilian financial market reaction to COVID-19: A wavelet analysis	48
Can digital inclusive finance reduce household poverty? Evidence from the China household finance survey	48
Can international cooperation base for science and technology drive cooperation ability? Evidence from Xinjiang China	47
Overseas operations, global value chain position and technological innovation	47
Earnings informativeness, debt financing, and managerial characteristics	47
Editorial Board	46
How do carbon markets interact with energy-intensive sectors? Evidence from price connectedness	46
The impact of monetary and fiscal policy on FinTech firms during the crisis	45
The nexus between toxic-air pollution, health expenditure, and economic growth: An empirical study using ARDL	45
Environmental attention in cryptocurrency markets: A catalyst for clean energy investments	45
Diversified firms and corporate labor policy: The role of managerial equity incentives	45
Market volatility and skewness risks in China	44
Editorial Board	43
Analyzing a dynamic relation between RMB exchange rate onshore and offshore during the extreme market conditions	43
Trading activity, risk aversion, and risk neutral skewness: Evidence from SSE 50ETF option	43
Public service equalization, digital financial inclusion and the rural revitalization: Evidence from Chinese 283 prefecture-level cities	42
Digital transformation and rural labour force occupational mobility	42
Corporate carbon emission governance: The mediating role of financial leverage	42
Decoding the nexus: How fintech and AI stocks drive the future of sustainable finance	41
Digital transformation driving green innovation: Evidence from Chinese A-Share firms	41
Factors affecting trade credit in India	39
The impact of local government debt on entrepreneurship: Evidence from a quasi-natural experiment of local debt governance reform	39
Can digital transformation of enterprise improve the information environment of the capital market? ——Evidence from Analyst's perspective	39
Risk connectedness between international oil and stock markets during the COVID-19 pandemic and the Russia-Ukraine conflict: Fresh evidence from the higher-order moments	38
The effect of political and bureaucratic regime changes on Australia's real interest rate	38
Functional or selective policy? - Research on the relationship between government intervention and enterprise innovation in China	38
Music stocks and music tokens: Extreme connectedness and portfolio applications	38
Fiscal & tax incentives, ESG responsibility fulfillments, and corporate green innovation performance	38
Directors' and officers’ liability insurance and the pricing of seasoned equity offerings	37
Bitcoin trading, economic growth, energy use, and CO2 emissions: An advanced panel study of emerging market economies	37
Board internationalization, market competition, and corporate digital transformation	36
Research on the impact of land rights certification on farmers’ operating behavior	36
Financial dynamics, green transition and hydrogen economy in Europe	35
Time and frequency dynamic connectedness between cryptocurrencies and financial assets in China	35
Achieving carbon neutrality in emerging markets: The dual impact of energy transition investments on economic growth and carbon emissions	34
ESG performance and corporate innovation under the moderating effect of firm size	34
Assessing the impact of rural E-commerce on regional poverty alleviation: A spatial spillover analysis	34
Does government education expenditure boost intergenerational mobility? Evidence from China	34
Does individual auditor quality contribute to firm value? Evidence from the market valuation on corporate cash holdings	34
Cryptocurrencies are not immune to coronavirus: Evidence from investor fear	33
Risk-return trade-off in the Australian Securities Exchange: Accounting for overnight effects, realized higher moments, long-run relations, and fractional cointegration	33
Output gap and consumption risk on the cross-section of stock returns in Korea	33
Understanding the credit cycle and business cycle dynamics in India	33
Why risk attitude differs between macro and micro level? A decoherence perspective	33
The predictability of skewness risk premium on stock returns: Evidence from Chinese market	32
Global liquidity and commodity market interactions: Macroeconomic effects on a commodity exporting emerging market	32
New venture team faultlines and corporate innovation from the perspective of structuration theory	32
The role of financial advisorʼs industry expertise in M&A quality: Evidence from goodwill impairment	32
The impact of ESG performance on R&D investment stability: Evidence from China	31
Implied volatility information of Chinese SSE 50 ETF options	31
Do pension subsidies reduce household education expenditure inequality? Evidence from China	30
Political background, digital finance, and risky financial asset allocation	30
Flight to quality and implicit guarantee: Evidence from Chinese trust products	30
Volatility spillovers and hedging effectiveness between health and tourism stocks: Empirical evidence from the US	29
Competence enhancement from interactive learning: Does attending conferences affect CEO turnover?	29
Do credit rating agencies listen to investors’ voices on social media? Evidence from China	29
Causes and effects of worldwide demutualization of financial exchanges	29
Frequency domain causality and quantile connectedness between investor sentiment and cryptocurrency returns	28
The balance of payments stages hypothesis: Improvements and new discoveries	28
Computing resources and trade credit financing: Evidence from China	28
Exploring the interconnectedness of China's new energy and stock markets: A study on volatility spillovers and dynamic correlations	28
Modeling dynamic higher-order comoments for portfolio selection based on copula approach	28
Subscription price discounts of stock warrants and cost of potential ownership dilution	28
Industrial investments and housing prices in China	28
Firm commonality, bank connectedness and portfolio riskiness	28
Revisiting environmental Kuznets curve: The effects of foreign aid on air quality in Africa	27
The evolution of “Acquaintance Society” in urban China	27
Endogenous choice of corporate social responsibility and emissions tax: What impact do green consumers have on economic welfare?	27
Subjective probabilities under behavioral heuristics	27
Impact of innovative capacity on agri-environmental efficiency and mechanism research	27
Strategic emerging industries and innovation: Evidence from China	27
Epidemics, local institutional quality, and corporate cash holdings	27
Life-cycle planning with CEV model and time-inconsistent preferences	27
Easing credit for small firms amidst expansionary policy shifts: Iran 2005–2013	27
Digital transactions and financial development: The moderating role of global integration across income levels	27
The governance role of corporate party organization on innovation	26
Does internal whistleblowing build more socially responsible firms？	26
Does regional services development enhance manufacturing firm productivity? A manufacturing servitization perspective	26
Impact of Inclusive Finance on Private Enterprise Lending: Evidence from China Private Enterprise Survey	26
Can government-guided funds promote corporate technology innovation? Evidence from the new energy automobile industry	26

The impact of digitalization on the green transformation of China's industrial sectors: The mediating role of green technology innovation and technological transformation	25
Strategic alliances and corporate ESG performance	25
Extreme connectedness between NFTs and US equity market: A sectoral analysis	25
The development of firm size distribution – Evidence from four Central European countries	25
“Cooperation” or “competition”: Digital finance enables green technology innovation—a new assessment from dynamic spatial spillover perspectives	25
Does firms’ corporate social responsibility reduce crime?	25
The nonlinear effect of shareholder ownership structure on a firm's cash holdings: Type I and Type II agency problem perspectives in China's split-share reform	25
Investor sentiment spillover effect and market quality in crude oil futures	25
What drives the ‘synchrony’ and ‘asynchrony’ between China’s stock and bond markets? An adaptive Lasso-DCC-MIDAS model	25
Dynamic connectedness among the implied volatilities of oil prices and financial assets: New evidence of the COVID-19 pandemic	25
Environmental Regulation, regional finance development and enterprises' cross-regional capital flow	25
Diversification and bank stability: Role of political instability and climate risk	25
The influence of government health investment on economic resilience: A perspective from health human capital	25
Risk spillover from international financial markets and China's macro-economy: A MIDAS-CoVaR-QR model	25
Does globalization affect credit market controls?	25
Social interactions in short squeeze scenarios	24
Bank competition and the price of credit: Evidence using Mexican loan-level data	24
Why do U.S. uncertainties drive stock market spillovers? International evidence	24
Impact of green technology innovation on the quality of regional economic development	24
Feeling the heat: Climate risks and the cost of sovereign borrowing	24
Does foreign equity matter for pollution? Firm-level evidence from China	24
The spatial spillover effects of regional integration on carbon emissions	24
Chinese consumption shocks and U.S. equity returns	24
Research on the risk effects of accounting information disclosure	23
Evaluating the synergistic effects of the digital economy and carbon emission trade exchange on enterprise high-quality development	23
The changing dynamics of crypto mining and environmental impact	23
Flexibility in jobs and autonomy on saving: Mental accounting of personal pension saving decision in Chinese part-time employees	23
Debts and depth of recessions	23
Asymmetric search behavior for gasoline prices: Evidence from the Chinese gasoline market	23
Size, value and volatility	23
Information loss from perception alignment	23
Local attention to employees’ rights and firm value: Evidence from China	23
Green trade barriers, financial support and agricultural exports	23
The influence of contextual and household factors on multidimensional poverty in rural Vietnam: A multilevel regression analysis	23
Does unconventional monetary policy improve credit support for the industry chain? The mechanism of trade credit	23
Promoting cooperation in collective actions: Evidence from the reserve fund for maintenance in China	23
Revisiting the role of investor sentiment in the stock market	22
Stability of executive teams, corporate financialization, and cross-border mergers and acquisitions	22
Analyzing the game pricing mechanism of data assets: Theoretical evidence considering market structure and competitive characteristics	22
Government adoption of generative artificial intelligence and ambidextrous innovation	22
Is it just green? Asymmetry behavior of returns in green investments	22
Dangerous density: Urban density and the criminalization of China	22
Downward pressure, investment style and performance persistence of institutional investors	22
The impact of tax compliance on platform enterprises’ competitive advantage and the role of contract enforcement efficiency	22
Bank competition with technological innovation based on evolutionary games	22
Corporate social network, ownership structure, and corporate financing constraints: Evidence from China	21
Optimal bond holding dynamics with hedging against real exchange rate risks	21
Do emerging art market segments have their own price dynamics? Evidence from the Chinese art market	21
The influence of cash flow volatility on firm use of debt of different maturities or zero-debt: International evidence	21
A non-parametric synthesize measure for corporate governance: empirical evidence from Indian banks	21
Immigration and entrepreneurship: Is there a uniform relationship across countries?	21
Risk-return relationship and structural breaks: Evidence from China carbon market	21
Understanding growth and its policy implications for Canadian credit unions	21
Investor sentiment, credit rating, and stock returns	21
Bank lending behavior and housing market booms: The Australian evidence	21
How does directors' and officers' liability insurance affect green innovation? Evidence from China	20
Are stablecoins better safe havens or hedges against global stock markets than other assets? Comparative analysis during the COVID-19 pandemic	20
Adjustments in VAT rates and business innovation: Empirical insights from China	20
Systemic risk propagation in the Eurozone: A multilayer network approach	20
Borrow to be the poor or the rich? It depends: Credit market and wealth accumulation	20
Impact of budget performance management reform on local fiscal relief	20
Can intelligent development improve manufacturing firms' supply chain resilience?	20
Climate change exposure and corporate culture: A text-based approach	20
Managerial myopia and corporate credit spreads	20
Do corporate carbon emissions affect risk and capital costs?	20
The impact of economic openness on common prosperity: Insights from provincial panel data	20
An enquiry into the monetary policy and stock market shocks in the US	19
Analysis of recycling and emission reduction models under carbon taxes and government subsidies	19
Money talks: How financial constraint influence corporate environmental behavior prioritization	19
Do FDI inflows bring both capital and CO2 emissions? Evidence from non-parametric modelling for the G7 countries	19
Carbon risk and investment efficiency: A merger and acquisition perspective	19
Watchdog from academia: Do academic independent directors matter for financial statement fraud?	19
Confucian culture and corporate default risk: Assessing the governance influence of traditional culture	19
Academic workstations and corporate green innovation	19
Enhancing corporate carbon performance through green innovation and digital transformation: Evidence from China	19
Does informal economy undermine the effects of China’s aid on its outward foreign direct investment?	19
Family performance following share repurchases, information asymmetry and interest alignment	19
How does business environment affect firm digital transformation: A fsQCA study based on Chinese manufacturing firms	19
Does a coin have only two sides? -The inverted U-shaped relationship between corporate digital transformation and carbon information disclosure and its flip-flopping	18
Liquidity and realized volatility prediction in Chinese stock market: A time-varying transitional dynamic perspective	18
Editorial Board	18
Tail risk connectedness between DeFi and Islamic assets and their determinants	18
Liquidity spillover and investment strategy construction among Chinese green financial markets	18
How does green finance affect carbon emission intensity? The role of green technology innovation and internet development	18
Editorial Board	18
Does the development of FinTech increase the risk of private lending ? Evidence from China	18
The compatibility between financial system and real economy	18
Political connections and media slant	18
Does air pollution impede corporate innovation?	18
Government policy interventions during COVID-19 pandemic and economic performance	18
Optimal subsidies in the competition between private and state-owned enterprises	18
Editorial Board	18
Foreign ownership and earnings management	17
Chinese migrant workers’ integration into cities and land transfer amid urban–rural population mobility	17
What do we know about meme stocks? A bibliometric and systematic review, current streams, developments, and directions for future research	17