Emerging Markets Finance and Trade

Article	Citations
Study on OFDI and Enterprises Transformation and Upgrading Under the “Belt and Road” Initiative	234
Executive Monetary Compensation Incentives, Equity Incentives, and Corporate Default Risk: Empirical Evidence from China	195
Can Short Selling Improve the Quality of Information Disclosure in Clarification Announcements by Firms Faced with Market Rumors?	92
Breaking the Model: Does Technical Efficiency Propel or Hinder Bank Risk? Evidence from the Chinese Banking Industry	86
Digital Economy and Corporate Innovation: Evidence from China	81
Impact of Local Government Competition and Land Finance on Haze Pollution: Empirical Evidence from China	77
Could Digital Trade Promote Global Value Chain Participation? Evidence from Multinational Data	70
Services Liberalization and Manufacturing Employment Polarization: Evidence from Chinese Listed Manufacturing Firms	54
Unintended Consequences of Social Insurance Law on Stock Price Crash Risk: Quasi-Natural Experimental Evidence from China	48
The Path and Mechanism of Business Strategy Influencing the Strategic ESG Behavior: Evidence from Chinese Enterprises	46
Can Artificial Intelligence Pave a Greener Path for China? Exploring the Synergistic Effects of Intelligentization and Industrialization on Carbon Emission Efficiency	45
Research on the Impact and Mechanism of Climate Risk on Substantive and Strategic Green Technology Innovation of Enterprises	44
Impact of Enterprises Relationship on ML’s Ability to Forecast SME’s Credit Risk in SCF: A Research Based on Complex Network	43
Production Suspension, Corporate Governance, and Firm Value	39
Does Supply Chain Finance Improve the Corporate Investment Efficiency of New Energy Firms? Evidence from China	38
How Climate Risk Affects Corporate Green Innovation: Fresh Evidence from China’s Listed Companies	36
Does Executives’ Compensation Stickiness Encourage Environmental Investments? An Environmental Attention-Based Perspective	34
Oceans Apart? China and Other Systemically Important Economies	34
Does Fintech Development Matter for Export Technological Sophistication? Evidence from Chinese Enterprises	32
Guaranteed Rate-setting Behavior, Life Insurance Premium, and Policyholder Protection	31
The Effect of Digital Transformation on Export Upgrading: Firm-Level Evidence from China	31
How Does Intelligent Manufacturing Affect Corporate ESG Performance? Evidence from Intelligent Manufacturing in China	31
Are Academic Leaders Less Aggressive? Evidence from Corporate Expansion	29
Is Financial Risk A Stumbling Block to the Development of Digital Economy? A Global Case	29
CEO Overconfidence, Loan-Loss Provisions, and the Effect of Country Corruption: An International Investigation	29

Decision-Making of Discretionary Goodwill Impairments—Evidence from Publicly Listed Firms in China	28
The Impact of Government Assessment Transformation on Green Entrepreneurship: Evidence from China	28
The Impact of Debt Relief to Africa on Creditor Countries’ Product Exports: Evidence from China	26
Good (Bad) News and the Probability of Informed Trading: Evidence from Illegal Insider Trading	26
Intraday Return Forecasts and High-Frequency Trading of Stock Index Futures: A Hybrid Wavelet-Deep Learning Approach	25
In Search of Risk Havens in the Global South—Interconnectedness Between Mining Stocks and Energy Commodity Future	25
How to Comprehensively Evaluate Firm Performance from Operational, Financial, and Sustainability Perspectives? A Two-Stage Data Envelopment Analysis Approach	23
Shadow Banking, Stock Market Volatility, and Stock-Money Market Correlation: Evidence from China	23
Regional Digital Finance and Corporate Financial Risk: Based on Chinese Listed Companies	23
Does It Pay to Be Responsible? The Performance of ESG Investing in China	22
Regional Integrity and Corporate Green-Technology Innovation: Evidence from Deadbeat Borrowers in China	22
The Impact of Fiscal Subsidies on New Energy Enterprises Sustainable Development Performance from the Climate Policy Uncertainty Perspective	21
Does Professional Management of a Family Business Affect Its Financing Channels? Evidence from China	21
Institutional Segmentation, Inequality in Work Opportunities, and Income in Digital Labor Markets: Evidence Based on Witkey Transactions	21
Sustainable Institutional Investors and Green Innovation: Evidence from Chinese Listed Firms	20
Does Financial Development Promote Economic Globalization? Evidence from the Top and the Bottom Globalized Emerging Economies	20
Banking on Green: Assessing Financial Market ESG Performance in European Financial Institutions	20
Does Independence of Board Committees Enhance Corporate Performance? The Case of Russia	20
Stock Mispricing, Resale Options, and Differences of Opinion	20
Exchange Comment Letters and Corporate Social Responsibility: Evidence from China	20
The Role of Different Fiscal Policies in Inducing Environmental Innovation and Enhancing Firm Competitiveness	20
Digital Technology and Value Chain Agglomeration: Evidence from East Asia	19
The Asymmetric Effects of Deep Preferential Trade Agreements on Bilateral GVC Participation Levels	19
What Leads to the Changes of Volatility Spillover Effect Between Chinese and American Soybean Futures Markets?	19
Influence of the Carbon Emissions Trading Policy on Green Patent Transfers: A Difference-In-Differences Design	18
Analyst Network: Implications for Systemic Risk of Non-Financial Firms in China	17
Spatial Distribution and Dynamic Evolution of Heterogeneous Air Pollution: Evidence from China	17
Are Data Assets Useful?—Evidence Based on Corporate Cost Stickiness	17
Is the Development of Inclusive Finance Truly Able to Alleviate Poverty?——an Empirical Study Based on Spatial Effect and Threshold Effect	17
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	17
Emissions Trading Scheme Brings Transition Risks to Industrial Supply Chain in China	17
How Does Bank Fintech Influence Liquidity Creation Divergence Between Traditional and Shadow Bank Businesses? Evidence from China	17
The Global Financial Crisis and China’s Export in Belt and Road Countries: An Analysis Using Product-Level Data	17
Monetary-Macroprudential Policy Synergy Through the Bank Lending Channel in Indonesia	17
Market Skewness and Stock Return Predictability: New Evidence from China	16
Carbon Emissions and Clean Energy Investment: Global Evidence	16
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
Driving Impact of Digital Transformation on Total Factor Productivity of Corporations: The Mediating Effect of Green Technology Innovation	15
How Does Bank Credit Interact With Housing Prices? A Financial Market Perspective	15
Institutional Investor Network Embedding and Firms’ Total Factor Productivity	15
Re-Allocation Effects of Creative Talent Agglomeration from Extreme Weather	15
On the Determinants and Outcomes of IMF Loans in Low- and Middle-Income Countries: Do Politics Matter?	14
Macroeconomic Impact of Demographic Transition and Effectiveness of Monetary Policy: Evidence from East Asian Economies	14
The Effect of Venture Capital on Invested Firms’ Social Responsibility: Evidence from Venture Capital’s Exits	14
Digital Finance and Household Consumption Insurance: The Bounded Inclusive Effect	14
Financial Experts on the Outside Boards, Financial Stress in Foreign Exchange Markets, and Firm Employment	14
Why Do Firms Pay Large Stock Dividends? Catering First and Cashing Out Next: Evidence from China	13
Analysis of Bankruptcy Factors in Presale Projects and Their Policy Implications	13
Exploring the Path to Carbon Neutrality in Prominent Asian Nations: How Green Technological Advancements, Transportation Initiatives, and Financial Progression Work?	13

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

Diversified Environmental Governance Supervision and Green Transformation: Evidence from High-Polluting Companies in China	8
Mixed Ownership Reform, Government Intervention, and Earnings Quality: Empirical Evidence from Pilot Enterprises in China	8
Research on the Impact of Corporate Social Responsibility on Sustainable Performance: A Multi-dimensional Balance Perspective	7
Influence of Economic and Financial Openness in Urban Agglomerations of Major Bay Areas	7
Cost of Equity Capital and Annual Report Tone Manipulation	7
Heterogeneity in the Effect of Environmental Protection Expenditure in China: Causal Inference from Machine Learning	7
Mandatory Resignation of Politician-Directors and Company Violations: Evidence from China	7
Corporate Financial Portfolio and Distress Risk: Forewarned is Forearmed	7
Social Credit System Reform and Commercial Insurance Purchase: Evidence from China	7
The Impact of Digital Trade on Economic Growth and Its Mechanism: Evidence from 60 Countries	7
Performance Shortfall, Executive Social Relations and the Choice Between Shared and Full Control for New Overseas Entries	7
Does Digital Transformation Affect Earnings Management Choices?	7
Electricity Quality Emergency Investment with a Bargaining Contract in the Electricity Supply Chain under the COVID-19 Pandemic	7
The Role of Spot Market Volatility in Industry Chain Risk Spillovers: A Dynamic Analysis of China’s Lithium Market	7
An Investigation of the Nonlinear and Asymmetric Spillover Effects of U.S. Economic Policy Uncertainty on Bond Return Volatility of Emerging Markets	7
Impact of Conventional and Unconventional Monetary Policy on Correlations Across Financial Markets: Evidence from an Emerging Economy	7
Foreign Institutional Investors and Corporate Green Innovation: Evidence from an Emerging Economy	7
The Impact of Corporate Public Market Share Repurchases on Capital Market Information Efficiency	7
Effect of China’s Outward Foreign Direct Investment in Portuguese-Speaking Countries on Its Bilateral Trade	7
Nexus between Green Finance and Renewable Energy Development in China	7
Influencing Mechanism of Human Resource Management Strength on Creative Self-Efficacy: A Dual-Moderation Model	7
ESG Disclosure and Corporate Payroll Tax Compliance	7
The Nexus Between Monetary Policy, Innovation Efficiency, and Total Factor Productivity-Evidence from Global Panel Data	7
Intellectual Property Protection, Financial Innovation and Corporate Innovation: Evidence from a Quasi-Natural Experiment in China	7
Does the Audit Committee Moderate the Effects of non-interest Activities on Bank Risks in China?	7
Capital Market Opening and ESG Performance	7
Air Pollution and Media Slant: Evidence from Chinese Corporate News	7
Efficiency in the Early Stages of Carbon Markets: The Case of the Korean Emissions Trading Scheme	7
The Effects of Zombie Firms on the Financial Information Transparency of Other Firms	7
The Information Role of Investors’ Site Visits in Management Forecasts	7
COVID-19, Supply Chain Breakdowns, and Firm Value	7
Exposure to Credit Risk Spillovers and Corporate Earnings Management	7
Does ESG Performance Affect Firm Risk? Evidence from China	7
Impact of Managerial Discretion “Stranglehold” on Enterprises Investment Efficiency: Based on Heterogeneous Stochastic Frontier Model	7
Spillover Effects of the Registration-Based IPO Reform on Analyst Earnings Forecast Quality	7
Can Government Venture Capital Restrict Strategic Limited Partners from Intervening in Fund Decisions? Evidence from China	7
Digital Transformation and Enterprise Output Volatility: Evidence from China	7
Pandemics, Local Institutional Quality, and Corporate Dividend Policy	7
How Does Analyst Coverage Influence Corporate Leverage Adjustment: Evidence from China	7
Government Intervention and Debt Financing Costs: Evidence from Government-Guided Funds	6
Knowledge is Power: Academic Institutional Shareholding and Corporate Innovation	6
Digital Innovation and Core Competence of Manufacturing Industry: Moderating Role of Absorptive Capacity	6
Distance and Financial Connection: Dynamics in Private Firms’ Bank Loan Availability	6
Information Security Governance and Stock Price Synchronization: Evidence from ISO27001 Certification of Internet Firms	6
Green Manufacturing Lists and Firms’ Green and Low-Carbon Technological Innovation: Evidence from China	6
Can High-Quality Interactions Reduce the Regulatory Inquiries Received by Firms? Evidence from Interactive Investor Platforms in China	6
An Analysis of The Distortive Effect of Environmental Policy Stringency on Physical Trade Balance for Fossil Fuels in China	6
A Barometer of Climate Change: Does the US–China Tension Exacerbate Its Risks?	6
Analyzing Price Rigidity and Price Convergence in the Services Sector of Sri Lanka	6
Can CFOs Serving as Board Secretaries Improve Management Earnings Forecast Quality?	6
The Impact of Economic Freedom on Bank Loan Spreads: Evidence from the Financial Crisis	6
Pension Fund Trading Behavior and the Index Inclusion: Evidence from the Korean Stock Market	6
Religiosity and Carbon Emissions: International Evidence	6
The Realistic Way to the Decoupling of Carbon Dioxide Emissions from Economic Growth in China’s Service Sector	6
Narcissism and Cost of Debt: Evidence from Signature Size Data in China	6
Does Government’s Attention to Green Development Promote Enterprise Green Transition? Evidence from China	6
Blockchain Development and Corporate Performance in China: The Role of Ownership	6
Can Digital Transformation Facilitate Firms’ M&A: Empirical Discovery Based on Machine Learning	6
Decoding the Voice: Media Variations in EPU and Foreign Capital Dynamics	6
Central Bank Communication and Leverage Differentiation of Non-Financial Enterprises	6
Foreign Experienced CEOs’ and Financial Statement Comparability	6
The COVID-19 Pandemic and Chinese Insurance Firms: A Panel Predictability 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
The Negative Effect of Regional Banking Competition on Audit Quality: Evidence from China	6
The Effects of Low-Carbon Governance on Energy-Environmental Efficiency: Evidence from China’s Low-Carbon City Pilot Policy	6
Trade Liberalization and Regional Female Economic Employment	6
Nineteen Years of Emerging Markets Finance and Trade: A Bibliometric Analysis	6
Does Social Trust Affect Analysts’ Forecast? Evidence from China	6
Mergers and Acquisitions, Synergy, and Corporate Innovation: Evidence from China	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
Does Economic Policy Uncertainty Affect Green Bond Markets? Evidence from Wavelet-Based Quantile Analysis	5
Country-Level Institutions and Transparency of Directors’ Information Disclosure: The Role of the Labor Market	5
The Impact of Urbanization on CO2 Emissions in China: The Key Role of Foreign Direct Investment	5
Can the Operational Investment Accountability System Inhibit Strategic Deviation of SOEs? Empirical Evidence from Chinese Companies	5
The Dissemination of Politically-Motivated False Information and Its Influence on the Stock Market	5
Capital Regulation Reforms and Bank Risk-Taking in China	5
The Effect of Organizers on Analysts’ Forecasts: Evidence from Conference Calls in China	5
The Impacts of Digital Transformation on Labor Income Share: Evidence from China	5
Global Value Chains and Systemic Risk: Evidence from China and the G7 Countries	5
Monetary Policy Shocks, Investor Sentiment, and Stock Returns: Firm-Level Evidence from China	5
Risk Perception and Audit Fees: How Do Auditors Respond When Working with Hometown CEOs?	5
Does ESG Screening Enhance or Destroy Stock Portfolio Value? Evidence from China	5
Impact of Chinese Renminbi on Korean Exports: Does Quality Matter?	5
Institutional Investors’ Green Activism and Corporate Green Innovation: Based on the Behind-Scene Communications	5
Does the Listing of Options Improve Forecasting Power? Evidence from the Shanghai Stock Exchange	5
What is an Optimal Allocation in Hong Kong Stock, Real Estate, and Money Markets: An Individual Asset, Efficient Frontier Portfolios, or a Naïve Portfolio? Is This a New Financial Anomaly?	5
Does Digital Transformation Improve the Firm Cooperation-Oriented Culture?	5
How Does Exogenous Shock Change the Structure of Interbank Network?: Evidence from China under COVID-19	5
Providing a Leg Up: FinTech Development and Corporate Voluntary Environmental Information Disclosure	5
Which Top Management Team Characteristics Drive a Firm’s Tax Aggressiveness?	5
Is IPO Underpricing Lower During the Transition Period of Registration-Based System Reform? Evidence from ChiNext Market	5
Research on the Influence of Constructing National Innovation Demonstration Zone on Urban Innovation Level in China	5
ESG Rating Dispersion and Expected Stock Return in China	5