Emerging Markets Finance and Trade

Article	Citations
Study on OFDI and Enterprises Transformation and Upgrading Under the “Belt and Road” Initiative	243
Executive Monetary Compensation Incentives, Equity Incentives, and Corporate Default Risk: Empirical Evidence from China	198
Breaking the Model: Does Technical Efficiency Propel or Hinder Bank Risk? Evidence from the Chinese Banking Industry	94
Services Liberalization and Manufacturing Employment Polarization: Evidence from Chinese Listed Manufacturing Firms	86
Research on the Impact and Mechanism of Climate Risk on Substantive and Strategic Green Technology Innovation of Enterprises	82
Can Artificial Intelligence Pave a Greener Path for China? Exploring the Synergistic Effects of Intelligentization and Industrialization on Carbon Emission Efficiency	80
The Path and Mechanism of Business Strategy Influencing the Strategic ESG Behavior: Evidence from Chinese Enterprises	70
Intraday Return Forecasts and High-Frequency Trading of Stock Index Futures: A Hybrid Wavelet-Deep Learning Approach	54
Digital Economy and Corporate Innovation: Evidence from China	48
Does Fintech Development Matter for Export Technological Sophistication? Evidence from Chinese Enterprises	47
How Does Intelligent Manufacturing Affect Corporate ESG Performance? Evidence from Intelligent Manufacturing in China	46
The Effect of Digital Transformation on Export Upgrading: Firm-Level Evidence from China	45
Are Academic Leaders Less Aggressive? Evidence from Corporate Expansion	43
Good (Bad) News and the Probability of Informed Trading: Evidence from Illegal Insider Trading	43
Decision-Making of Discretionary Goodwill Impairments—Evidence from Publicly Listed Firms in China	38
The Impact of Government Assessment Transformation on Green Entrepreneurship: Evidence from China	38
The Impact of Debt Relief to Africa on Creditor Countries’ Product Exports: Evidence from China	37
In Search of Risk Havens in the Global South—Interconnectedness Between Mining Stocks and Energy Commodity Future	36
Shadow Banking, Stock Market Volatility, and Stock-Money Market Correlation: Evidence from China	33
How to Comprehensively Evaluate Firm Performance from Operational, Financial, and Sustainability Perspectives? A Two-Stage Data Envelopment Analysis Approach	33
Can Short Selling Improve the Quality of Information Disclosure in Clarification Announcements by Firms Faced with Market Rumors?	32
Production Suspension, Corporate Governance, and Firm Value	32
Unintended Consequences of Social Insurance Law on Stock Price Crash Risk: Quasi-Natural Experimental Evidence from China	31
Impact of Local Government Competition and Land Finance on Haze Pollution: Empirical Evidence from China	30
Guaranteed Rate-setting Behavior, Life Insurance Premium, and Policyholder Protection	29

Regional Integrity and Corporate Green-Technology Innovation: Evidence from Deadbeat Borrowers in China	29
Oceans Apart? China and Other Systemically Important Economies	28
Does Executives’ Compensation Stickiness Encourage Environmental Investments? An Environmental Attention-Based Perspective	26
Does Supply Chain Finance Improve the Corporate Investment Efficiency of New Energy Firms? Evidence from China	26
Could Digital Trade Promote Global Value Chain Participation? Evidence from Multinational Data	25
Is Financial Risk A Stumbling Block to the Development of Digital Economy? A Global Case	25
Does It Pay to Be Responsible? The Performance of ESG Investing in China	24
CEO Overconfidence, Loan-Loss Provisions, and the Effect of Country Corruption: An International Investigation	24
Impact of Enterprises Relationship on ML’s Ability to Forecast SME’s Credit Risk in SCF: A Research Based on Complex Network	24
Does Professional Management of a Family Business Affect Its Financing Channels? Evidence from China	23
How Climate Risk Affects Corporate Green Innovation: Fresh Evidence from China’s Listed Companies	23
Regional Digital Finance and Corporate Financial Risk: Based on Chinese Listed Companies	23
Stock Mispricing, Resale Options, and Differences of Opinion	22
Institutional Segmentation, Inequality in Work Opportunities, and Income in Digital Labor Markets: Evidence Based on Witkey Transactions	22
The Role of Different Fiscal Policies in Inducing Environmental Innovation and Enhancing Firm Competitiveness	21
Banking on Green: Assessing Financial Market ESG Performance in European Financial Institutions	21
Does Financial Development Promote Economic Globalization? Evidence from the Top and the Bottom Globalized Emerging Economies	21
The Impact of Fiscal Subsidies on New Energy Enterprises Sustainable Development Performance from the Climate Policy Uncertainty Perspective	21
Does Independence of Board Committees Enhance Corporate Performance? The Case of Russia	21
How Does Bank Fintech Influence Liquidity Creation Divergence Between Traditional and Shadow Bank Businesses? Evidence from China	20
The Asymmetric Effects of Deep Preferential Trade Agreements on Bilateral GVC Participation Levels	20
What Leads to the Changes of Volatility Spillover Effect Between Chinese and American Soybean Futures Markets?	20
Digital Technology and Value Chain Agglomeration: Evidence from East Asia	20
The Global Financial Crisis and China’s Export in Belt and Road Countries: An Analysis Using Product-Level Data	19
Analyst Network: Implications for Systemic Risk of Non-Financial Firms in China	19
Emissions Trading Scheme Brings Transition Risks to Industrial Supply Chain in China	19
The Effects of the Belt and Road Initiative on the Evolution of the Global Value Chain Division of Labor: A Perspective on the Production Length	19
Spatial Distribution and Dynamic Evolution of Heterogeneous Air Pollution: Evidence from China	19
Exchange Comment Letters and Corporate Social Responsibility: Evidence from China	18
Monetary-Macroprudential Policy Synergy Through the Bank Lending Channel in Indonesia	18
Market Skewness and Stock Return Predictability: New Evidence from China	18
Institutional Investor Network Embedding and Firms’ Total Factor Productivity	18
Are Data Assets Useful?—Evidence Based on Corporate Cost Stickiness	17
Influence of the Carbon Emissions Trading Policy on Green Patent Transfers: A Difference-In-Differences Design	17
Driving Impact of Digital Transformation on Total Factor Productivity of Corporations: The Mediating Effect of Green Technology Innovation	17
Carbon Emissions and Clean Energy Investment: Global Evidence	17
How Does Bank Credit Interact With Housing Prices? A Financial Market Perspective	16
Re-Allocation Effects of Creative Talent Agglomeration from Extreme Weather	16
Sustainable Institutional Investors and Green Innovation: Evidence from Chinese Listed Firms	16
On the Determinants and Outcomes of IMF Loans in Low- and Middle-Income Countries: Do Politics Matter?	15
Macroeconomic Impact of Demographic Transition and Effectiveness of Monetary Policy: Evidence from East Asian Economies	15
The “Debt Trap” or the “Benefit Pie” View of China’s Belt and Road Initiative on Host Countries: Evidence from Chinese Enterprises’ Outward Foreign Direct Investment	15
Annual Report Readability and Opportunistic Insider Selling—Evidence from China	15
Financial Experts on the Outside Boards, Financial Stress in Foreign Exchange Markets, and Firm Employment	15
Analysis of Bankruptcy Factors in Presale Projects and Their Policy Implications	14
The Role of Export Incentives and Bank Credit on the Export Survival of Firms in India During COVID-19	14
Analysis on the Motivation and Welfare of International Conflicts in Trade Dependence	14
Digital Finance and Household Consumption Insurance: The Bounded Inclusive Effect	14
Why Do Firms Pay Large Stock Dividends? Catering First and Cashing Out Next: Evidence from China	14
Exploring the Path to Carbon Neutrality in Prominent Asian Nations: How Green Technological Advancements, Transportation Initiatives, and Financial Progression Work?	13

Deepening of Free Trade Agreements and International Trade: Evidence from China	13
How Does the “Shanghai-Shenzhen-Hong Kong Stock Connection Schemes” Impact the Excess Goodwill?	13
Media-Corporation Relationship and Innovation in China: Help Hand or Hinder Hand?	13
Corporate Social Security Contributions, Resource Base and Firm Innovation	13
Global Sourcing and Firm Inventory During the Pandemic	13
Revisit the Nexus between Saving and Inequality in Labor Intensive Economies: Evidence from China	13
Media Attention, Environmental Information Disclosure and Corporate Green Technology Innovations in China’s Heavily Polluting Industries	13
Does China’s Existing Regional Knowledge Base Stimulate or Hinder Diversification into FinTech: The Role of Local ICTs Base	12
Emissions Prices, Commodity Futures, Equity Prices, and Geopolitical Risks Dependence Structure: Implications for Portfolio Diversification	12
Corporate Misconduct and Analyst Forecasting Accuracy: Evidence from China	12
The Impact of Multi-Goal Constraints of Government on Corporate Green Technology Innovation	12
Foreign Banks, Asymmetric Information and Financial Inclusion in Emerging and Developing Countries	12
From an Emerging to a Consolidated European REIT Market. The Case of the Underpricing of Spanish Direct Listing REITs	12
The Effect of Venture Capital on Invested Firms’ Social Responsibility: Evidence from Venture Capital’s Exits	12
Returns on Education in the Digital Economy: Evidence from Flexible Workers	12
Does Global Value Chain Integration Enhance Export Competitiveness? Evidence from Indonesia’s Industry-Level Analysis	12
Regression for Asymmetric Information Problem: The Comparison of Different Methods	12
Firm Product Similarity and Stock Price Comovement: Evidence from China	12
The Role of Non-Managerial Inside Debt in Firm Risk and the Cost of Debt	12
Early Experience Within Tizhi System, Policy Perception and Corporate Innovation: Evidence from Chinese Private Firms	12
Macroeconomic News and Risk Exposure to Foreign Exchange Rate Evidence from Chinese Listed Firms	12
Effects of Digital Finance on Green Innovation considering Information Asymmetry: An Empirical Study Based on Chinese Listed Firms	12
The Impact of Internal Whistleblowing on Product Quality Regulation: A Tripartite Evolutionary Game Analysis	12
ESG Rating Divergence and Investment-to-Price Sensitivity	12
Research on the Trust-Driven Mechanism of Enterprises’ Intellectual Property Cooperation Optimization in China	11
Local Institutional Investors and Corporate Monitoring: Evidence from Cross-Listed Korean Stocks in the US Market	11
The Nonlinear Impact of Environmental Regulation on Industrial Green Total Factor Productivity: A Moderating Effect Based on Environmental Decentralization	11
Climate-Induced Disasters, Risk Resilience and Firm Performance	11
The Impact of Digital Economy on the Quality Structure of Green Innovation	11
The Relationship between Physical Financing and Formal Financing from the Perspective of Contractual Arrangements in Rural China	11
The Impact of Executive External Pay Disparity on Enterprise Innovation: Evidence from Mixed-Ownership Enterprises in China	11
Fading Digital Ambitions: Population Aging and the Transformation of Corporate Digital Strategy in China	11
The Impact of Interfirm Cooperative R&D on Firm Performance: Evidence from Chinese Publicly Listed Companies	11
Managerial Overconfidence and Stock Price Crash Risk: Evidence from China	11
Home Bias: How Has It Affected the Border Effects of China’s Trade?	11
The Combined Impact of Dual Policies on Carbon Reduction: A Study Focusing on Broadband China and Low-Carbon Pilot Policies	11
The Inverted U-Shaped Relationship Between AI and Job Satisfaction: Empirical Evidence from China’s CLDS Microdata	11
Foreign Institutional Ownership and Firm Value: Evidence of “Locust Foreign Capital” in Brazil	11
Can Corporate Environmental Social Responsibility and Financial Performance Achieve a Win-win Situation in China? -From the Perspective of Executive Social Capital	10
Global Shocks and Monetary Policy Transmission in Emerging Markets	10
How Does FDI Affect Cities’ Low-Carbon Innovation? The Moderation Effect of Smart City Development	10
International Evidence on the Interest Rate Effect in Dynamic IS Curves	10
The Impact of Climate Change Factors on Financial Markets: Evidence from China	10
Predicting Stock Market Crises Using Stock Index Derivatives: Evidence from China	10
Pricing the Pandemic: Evidence from the Bond Market in China	10
The Historical Roots of Opportunistic Sales: Evidence from CEOs’ Great Famine Experience	10
Firm Innovation and Employment in South Africa: Examining the Role of Export Participation and Innovation Novelty	10
Institutional Investor Networks and ESG Performance: Evidence from China	10
The Digital Transformation Effect in Trade Credit Uptake: The Buyer Perspective	10
Disagreement Motivated Trading: The Bright Side of Share Pledges	10
The Impact of Digital Finance on the Survival and Growth of SMEs: Evidence from China	9
Launching Prosocial Crowdfunding Campaigns: The Final Countdown	9
Geopolitical Risk and China’s Crude Oil Futures: An Empirical Study Based on the Cross-Quantilogram Approach	9
Fund Flows, Stock Markets, and Economic Policy Uncertainty: From the Perspective a CIVET Nation	9
The Impact of Extreme Weather Events on Income Inequality: Global Evidence	9
Geopolitical Risk and Exchange Rate Returns in Asia	9
Interconnected Horizons: ASEAN’s Journey in the Global Semiconductor Trade Network Amidst the COVID-19 Pandemic and Supply Chain Realignments	9
The Coupling and Coordination Between Digital Economy and Green Economy: Evidence from China	9
Exchange Rate Fluctuations and the Quality of Products Imported by Chinese Manufacturing Firms	9
Corporate Private Information and Credit Ratings: Evidence from Corporate Geographic Distance	9
Can and How Government Environmental Attention Curb Greenwashing? An Empirical Study of Chinese-Listed Firms	9
Effects of Country and Geopolitical Risks on Income Inequality: Evidence from Emerging Economies	9
Corporate Financial Portfolio and Distress Risk: Forewarned is Forearmed	8
Diversified Environmental Governance Supervision and Green Transformation: Evidence from High-Polluting Companies in China	8
Influence of Economic and Financial Openness in Urban Agglomerations of Major Bay Areas	8
Penalties Against Interlocking Companies and Capital Structure Adjustment of Observing Companies	8
How Does Digitalization Affect Corporate Risk-Taking Level? Based on Resource Acquisition Perspective	8
Climate Change Shocks and Credit Risk of Financial Institutions: Evidence from China’s Commercial Banks	8
How Does Organization Capital Alleviate SMEs’ Financial Constraints? Evidence from China	8
How Does Digital Financial Inclusion Affect Energy Usage? Evidence from Prefecture-Level Cities in China	8
Digital Finance and the Efficiency of Household Investment Portfolios	8
Does Private Means Better? A Water and Sanitation Quasi-Experimental Design	8
The Nexus Between Monetary Policy, Innovation Efficiency, and Total Factor Productivity-Evidence from Global Panel Data	8
Heterogeneity in the Effect of Environmental Protection Expenditure in China: Causal Inference from Machine Learning	8
Mandatory Resignation of Politician-Directors and Company Violations: Evidence from China	8
Financial Constraints and Firm Innovation Decision: The Roles of Corporate Governance and Risk Diversification	8
Insider Sales and Corporate Bond Yield Spread: Evidence from China	8
Climate Change and Corporate Leverage Manipulation: Evidence from China	8
The Magnet Effect of Price Limits: An Agent-Based Approach	8
Influencing Mechanism of Human Resource Management Strength on Creative Self-Efficacy: A Dual-Moderation Model	8

Exposure to Credit Risk Spillovers and Corporate Earnings Management	8
Can Government Venture Capital Restrict Strategic Limited Partners from Intervening in Fund Decisions? Evidence from China	8
Measuring the Level of Regional Economic Synergistic Development and Its Driving Factors	8
Short Selling and Total-Factor Productivity: Evidence from a Quasi-Natural Experiment in China	8
Institutional Investors and Corporate Social Responsibility: Evidence from China	8
Mixed Ownership Reform, Government Intervention, and Earnings Quality: Empirical Evidence from Pilot Enterprises in China	8
The Transmission of Sectoral Cascade Risks of Stranded Assets from the Mining Sector to the Finance Sector	8
Environmental Violations and Stock Price Crash Risk: Evidence from Chinese Listed Heavily Polluting Companies	8
Application of Event Study Methodology in the Analysis of Cryptocurrency Returns	8
Analysis of the non-linear relationship between Interest Rate Distortions in China’s Shadow Banking System and short-term Capital Flows	8
Impact of Managerial Discretion “Stranglehold” on Enterprises Investment Efficiency: Based on Heterogeneous Stochastic Frontier Model	7
The Information Role of Investors’ Site Visits in Management Forecasts	7
Narcissism and Cost of Debt: Evidence from Signature Size Data in China	7
The Efficiency of Green Innovation: Insights from Chinese Firms	7
Blockchain Development and Corporate Performance in China: The Role of Ownership	7
Pandemics, Local Institutional Quality, and Corporate Dividend Policy	7
An Analysis of The Distortive Effect of Environmental Policy Stringency on Physical Trade Balance for Fossil Fuels in China	7
Digital Transformation and Enterprise Output Volatility: Evidence from China	7
Spillover Effects of the Registration-Based IPO Reform on Analyst Earnings Forecast Quality	7
The Effects of Low-Carbon Governance on Energy-Environmental Efficiency: Evidence from China’s Low-Carbon City Pilot Policy	7
Does the Audit Committee Moderate the Effects of non-interest Activities on Bank Risks in China?	7
The Role of Spot Market Volatility in Industry Chain Risk Spillovers: A Dynamic Analysis of China’s Lithium Market	7
Efficiency in the Early Stages of Carbon Markets: The Case of the Korean Emissions Trading Scheme	7
Research on the Impact of Corporate Social Responsibility on Sustainable Performance: A Multi-dimensional Balance Perspective	7
Impact of Conventional and Unconventional Monetary Policy on Correlations Across Financial Markets: Evidence from an Emerging Economy	7
Digital Innovation and Core Competence of Manufacturing Industry: Moderating Role of Absorptive Capacity	7
Cost of Equity Capital and Annual Report Tone Manipulation	7
Trade Liberalization and Regional Female Economic Employment	7
Effect of China’s Outward Foreign Direct Investment in Portuguese-Speaking Countries on Its Bilateral Trade	7
COVID-19, Supply Chain Breakdowns, and Firm Value	7
Performance Shortfall, Executive Social Relations and the Choice Between Shared and Full Control for New Overseas Entries	7
A Barometer of Climate Change: Does the US–China Tension Exacerbate Its Risks?	7
Electricity Quality Emergency Investment with a Bargaining Contract in the Electricity Supply Chain under the COVID-19 Pandemic	7
Does Government’s Attention to Green Development Promote Enterprise Green Transition? Evidence from China	7
Does Digital Transformation Affect Earnings Management Choices?	7
The Impact of Corporate Public Market Share Repurchases on Capital Market Information Efficiency	7
Leading to Common Prosperity: Does Digital Transformation Help Promote Corporate Philanthropy?	7
Foreign Institutional Investors and Corporate Green Innovation: Evidence from an Emerging Economy	7
Intellectual Property Protection, Financial Innovation and Corporate Innovation: Evidence from a Quasi-Natural Experiment in China	7
An Investigation of the Nonlinear and Asymmetric Spillover Effects of U.S. Economic Policy Uncertainty on Bond Return Volatility of Emerging Markets	7
Nineteen Years of Emerging Markets Finance and Trade: A Bibliometric Analysis	7
Air Pollution and Media Slant: Evidence from Chinese Corporate News	7
Social Credit System Reform and Commercial Insurance Purchase: Evidence from China	7
Does ESG Performance Affect Firm Risk? Evidence from China	7
How Does Analyst Coverage Influence Corporate Leverage Adjustment: Evidence from China	7
Can Digital Transformation Facilitate Firms’ M&A: Empirical Discovery Based on Machine Learning	7
The Impact of Digital Trade on Economic Growth and Its Mechanism: Evidence from 60 Countries	7
Capital Market Opening and ESG Performance	7
Pension Fund Trading Behavior and the Index Inclusion: Evidence from the Korean Stock Market	6
The Negative Effect of Regional Banking Competition on Audit Quality: Evidence from China	6
Can High-Quality Interactions Reduce the Regulatory Inquiries Received by Firms? Evidence from Interactive Investor Platforms in China	6
Government Intervention and Debt Financing Costs: Evidence from Government-Guided Funds	6
The Effects of the Digital Transformation on Firm’s Trade Credit: Evidence from China	6
Ownership Structure, Diversification, and Bank Performance: International Evidence	6
Climate Risk Disclosure and Pricing Efficiency: A Textual Analysis	6
Measuring the International Influence of the RMB and its Regional Heterogeneity: Theory and Evidence from the Global FX Market Network	6
The Macroeconomic Costs of SOE Default	6
Central Bank Communication and Leverage Differentiation of Non-Financial Enterprises	6
Religiosity and Carbon Emissions: International Evidence	6
Exploring the Relationship Between Digital Technology and Carbon Unlocking Capacity in Chinese Coal-Based Cities	6
Green Manufacturing Lists and Firms’ Green and Low-Carbon Technological Innovation: Evidence from China	6
Information Security Governance and Stock Price Synchronization: Evidence from ISO27001 Certification of Internet Firms	6
Nexus between Green Finance and Renewable Energy Development in China	6
The Impact of Economic Freedom on Bank Loan Spreads: Evidence from the Financial Crisis	6
Do Different Credit Flows Affect the Current Account Differently? Evidence from Emerging Economies	6
Destination of Foreign Investment and Trade from Autocratic Countries	6
A Bridge to Credit: The Role of Open Government Data in Interfirm Financing	6
Can CFOs Serving as Board Secretaries Improve Management Earnings Forecast Quality?	6
Strategic Adaptation and Financial Stability in the Context of Global Climate Change: A Dynamic Game Model Analysis	6
The COVID-19 Pandemic and International Energy Trade: An Empirical Analysis Based on Gravity Model	6
Being Friendly Directors: Board Co-option and Labor Investment Efficiency	6
Decoding the Voice: Media Variations in EPU and Foreign Capital Dynamics	6
The Realistic Way to the Decoupling of Carbon Dioxide Emissions from Economic Growth in China’s Service Sector	6
ESG Disclosure and Corporate Payroll Tax Compliance	6
Distance and Financial Connection: Dynamics in Private Firms’ Bank Loan Availability	6
The COVID-19 Pandemic and Chinese Insurance Firms: A Panel Predictability Analysis	6
When Do Second-Generation Returnees Affect Family Firms’ Entrepreneurial Risk-Taking? The Moderating Role of Managerial Discretion	6
Green Credit Policies and Corporate Green Innovation: An Empirical Study Based on A-Share Listed Companies	6
Can the Belt and Road Initiative Promote the Dezombification of Firms?	6
Foreign Experienced CEOs’ and Financial Statement Comparability	6
Knowledge is Power: Academic Institutional Shareholding and Corporate Innovation	6
Analyzing Price Rigidity and Price Convergence in the Services Sector of Sri Lanka	6
Global Diversification, Real Earnings Management, and Future Performance: Evidence from Korea	5
Impact of Financial Performance on Ethical Outcomes: Evidence from Korea’s Public Enterprises and Their Subsidiaries	5
Does Fintech Foster the Development of Green Finance?	5
Can Inquiry Letters Make R&D Information Pricing More Effective? Evidence from China	5
Providing a Leg Up: FinTech Development and Corporate Voluntary Environmental Information Disclosure	5
Is IPO Underpricing Lower During the Transition Period of Registration-Based System Reform? Evidence from ChiNext Market	5
The Impact of Urbanization on CO2 Emissions in China: The Key Role of Foreign Direct Investment	5
How Does Exogenous Shock Change the Structure of Interbank Network?: Evidence from China under COVID-19	5
Capital Market Opening and Trade Credit Provision: Evidence from Staggered Quasi-Natural Experiments	5
Can the Operational Investment Accountability System Inhibit Strategic Deviation of SOEs? Empirical Evidence from Chinese Companies	5
ESG Rating Dispersion and Expected Stock Return in China	5
Institutional Investors’ Green Activism and Corporate Green Innovation: Based on the Behind-Scene Communications	5
The Effect of Organizers on Analysts’ Forecasts: Evidence from Conference Calls in China	5