Emerging Markets Finance and Trade

Article	Citations
Impact of Local Government Competition and Land Finance on Haze Pollution: Empirical Evidence from China	216
Impact of Enterprises Relationship on ML’s Ability to Forecast SME’s Credit Risk in SCF: A Research Based on Complex Network	183
Could Digital Trade Promote Global Value Chain Participation? Evidence from Multinational Data	87
Guaranteed Rate-setting Behavior, Life Insurance Premium, and Policyholder Protection	83
Production Suspension, Corporate Governance, and Firm Value	77
Services Liberalization and Manufacturing Employment Polarization: Evidence from Chinese Listed Manufacturing Firms	68
Intraday Return Forecasts and High-Frequency Trading of Stock Index Futures: A Hybrid Wavelet-Deep Learning Approach	62
Are Academic Leaders Less Aggressive? Evidence from Corporate Expansion	46
The Impact of Debt Relief to Africa on Creditor Countries’ Product Exports: Evidence from China	45
Good (Bad) News and the Probability of Informed Trading: Evidence from Illegal Insider Trading	44
Unintended Consequences of Social Insurance Law on Stock Price Crash Risk: Quasi-Natural Experimental Evidence from China	44
The Path and Mechanism of Business Strategy Influencing the Strategic ESG Behavior: Evidence from Chinese Enterprises	43
The Impact of Government Assessment Transformation on Green Entrepreneurship: Evidence from China	37
Regional Digital Finance and Corporate Financial Risk: Based on Chinese Listed Companies	36
Decision-Making of Discretionary Goodwill Impairments—Evidence from Publicly Listed Firms in China	35
Oceans Apart? China and Other Systemically Important Economies	35
How to Comprehensively Evaluate Firm Performance from Operational, Financial, and Sustainability Perspectives? A Two-Stage Data Envelopment Analysis Approach	33
In Search of Risk Havens in the Global South—Interconnectedness Between Mining Stocks and Energy Commodity Future	32
Shadow Banking, Stock Market Volatility, and Stock-Money Market Correlation: Evidence from China	30
CEO Overconfidence, Loan-Loss Provisions, and the Effect of Country Corruption: An International Investigation	29
Does Fintech Development Matter for Export Technological Sophistication? Evidence from Chinese Enterprises	29
Economic Growth, Urban Governance, and Environment Protection	28
Regional Integrity and Corporate Green-Technology Innovation: Evidence from Deadbeat Borrowers in China	27
How Climate Risk Affects Corporate Green Innovation: Fresh Evidence from China’s Listed Companies	27
Can Short Selling Improve the Quality of Information Disclosure in Clarification Announcements by Firms Faced with Market Rumors?	26

Digital Economy and Corporate Innovation: Evidence from China	25
Breaking the Model: Does Technical Efficiency Propel or Hinder Bank Risk? Evidence from the Chinese Banking Industry	25
Is Financial Risk A Stumbling Block to the Development of Digital Economy? A Global Case	24
Does It Pay to Be Responsible? The Performance of ESG Investing in China	24
Study on OFDI and Enterprises Transformation and Upgrading Under the “Belt and Road” Initiative	22
The Effect of Digital Transformation on Export Upgrading: Firm-Level Evidence from China	22
Does Supply Chain Finance Improve the Corporate Investment Efficiency of New Energy Firms? Evidence from China	22
Executive Monetary Compensation Incentives, Equity Incentives, and Corporate Default Risk: Empirical Evidence from China	22
Does Executives’ Compensation Stickiness Encourage Environmental Investments? An Environmental Attention-Based Perspective	22
Influence of the Carbon Emissions Trading Policy on Green Patent Transfers: A Difference-In-Differences Design	20
The Impact of Fiscal Subsidies on New Energy Enterprises Sustainable Development Performance from the Climate Policy Uncertainty Perspective	20
Does Financial Development Promote Economic Globalization? Evidence from the Top and the Bottom Globalized Emerging Economies	20
Does Independence of Board Committees Enhance Corporate Performance? The Case of Russia	20
Monetary-Macroprudential Policy Synergy Through the Bank Lending Channel in Indonesia	20
Emissions Trading Scheme Brings Transition Risks to Industrial Supply Chain in China	19
Is the Development of Inclusive Finance Truly Able to Alleviate Poverty?——an Empirical Study Based on Spatial Effect and Threshold Effect	19
Market Skewness and Stock Return Predictability: New Evidence from China	19
What Leads to the Changes of Volatility Spillover Effect Between Chinese and American Soybean Futures Markets?	19
Does Professional Management of a Family Business Affect Its Financing Channels? Evidence from China	19
The Asymmetric Effects of Deep Preferential Trade Agreements on Bilateral GVC Participation Levels	18
Exchange Comment Letters and Corporate Social Responsibility: Evidence from China	18
Spatial Distribution and Dynamic Evolution of Heterogeneous Air Pollution: Evidence from China	18
The Global Financial Crisis and China’s Export in Belt and Road Countries: An Analysis Using Product-Level Data	18
Digital Technology and Value Chain Agglomeration: Evidence from East Asia	18
Stock Mispricing, Resale Options, and Differences of Opinion	18
Sustainable Institutional Investors and Green Innovation: Evidence from Chinese Listed Firms	17
Institutional Segmentation, Inequality in Work Opportunities, and Income in Digital Labor Markets: Evidence Based on Witkey Transactions	17
The Role of Different Fiscal Policies in Inducing Environmental Innovation and Enhancing Firm Competitiveness	17
Carbon Emissions and Clean Energy Investment: Global Evidence	17
Driving Impact of Digital Transformation on Total Factor Productivity of Corporations: The Mediating Effect of Green Technology Innovation	16
Deepening of Free Trade Agreements and International Trade: Evidence from China	16
Are Data Assets Useful?—Evidence Based on Corporate Cost Stickiness	16
On the Determinants and Outcomes of IMF Loans in Low- and Middle-Income Countries: Do Politics Matter?	16
Institutional Investor Network Embedding and Firms’ Total Factor Productivity	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	16
The Urbanization–Environmental Pollution Nexus: An Analysis Based on a Spatial Perspective	16
Annual Report Readability and Opportunistic Insider Selling—Evidence from China	15
Digital Finance and Household Consumption Insurance: The Bounded Inclusive Effect	15
Revisit the Nexus between Saving and Inequality in Labor Intensive Economies: Evidence from China	15
Macroeconomic Impact of Demographic Transition and Effectiveness of Monetary Policy: Evidence from East Asian Economies	14
Exploring the Path to Carbon Neutrality in Prominent Asian Nations: How Green Technological Advancements, Transportation Initiatives, and Financial Progression Work?	14
Analysis of Bankruptcy Factors in Presale Projects and Their Policy Implications	14
Analysis on the Motivation and Welfare of International Conflicts in Trade Dependence	14
Early Experience Within Tizhi System, Policy Perception and Corporate Innovation: Evidence from Chinese Private Firms	14
How Does the “Shanghai-Shenzhen-Hong Kong Stock Connection Schemes” Impact the Excess Goodwill?	14
The Effect of Venture Capital on Invested Firms’ Social Responsibility: Evidence from Venture Capital’s Exits	14
Financial Experts on the Outside Boards, Financial Stress in Foreign Exchange Markets, and Firm Employment	14
The Role of Export Incentives and Bank Credit on the Export Survival of Firms in India During COVID-19	14
How Does Bank Credit Interact With Housing Prices? A Financial Market Perspective	13
Emissions Prices, Commodity Futures, Equity Prices, and Geopolitical Risks Dependence Structure: Implications for Portfolio Diversification	13

Why Do Firms Pay Large Stock Dividends? Catering First and Cashing Out Next: Evidence from China	13
Effects of Digital Finance on Green Innovation considering Information Asymmetry: An Empirical Study Based on Chinese Listed Firms	13
Global Sourcing and Firm Inventory During the Pandemic	13
Media Attention, Environmental Information Disclosure and Corporate Green Technology Innovations in China’s Heavily Polluting Industries	13
Does Global Value Chain Integration Enhance Export Competitiveness? Evidence from Indonesia’s Industry-Level Analysis	13
The Impact of Multi-Goal Constraints of Government on Corporate Green Technology Innovation	12
The Impact of Executive External Pay Disparity on Enterprise Innovation: Evidence from Mixed-Ownership Enterprises in China	12
Firm Product Similarity and Stock Price Comovement: Evidence from China	12
Foreign Banks, Asymmetric Information and Financial Inclusion in Emerging and Developing Countries	12
Home Bias: How Has It Affected the Border Effects of China’s Trade?	12
The Relationship between Physical Financing and Formal Financing from the Perspective of Contractual Arrangements in Rural China	12
ESG Rating Divergence and Investment-to-Price Sensitivity	12
Global Shocks and Monetary Policy Transmission in Emerging Markets	12
Regression for Asymmetric Information Problem: The Comparison of Different Methods	12
The Impact of Internal Whistleblowing on Product Quality Regulation: A Tripartite Evolutionary Game Analysis	12
Local Institutional Investors and Corporate Monitoring: Evidence from Cross-Listed Korean Stocks in the US Market	11
Returns on Education in the Digital Economy: Evidence from Flexible Workers	11
How Does FDI Affect Cities’ Low-Carbon Innovation? The Moderation Effect of Smart City Development	11
The Combined Impact of Dual Policies on Carbon Reduction: A Study Focusing on Broadband China and Low-Carbon Pilot Policies	11
Does China’s Existing Regional Knowledge Base Stimulate or Hinder Diversification into FinTech: The Role of Local ICTs Base	11
Institutional Investor Networks and ESG Performance: Evidence from China	11
The Impact of Interfirm Cooperative R&D on Firm Performance: Evidence from Chinese Publicly Listed Companies	11
Research on the Trust-Driven Mechanism of Enterprises’ Intellectual Property Cooperation Optimization in China	11
The Role of Non-Managerial Inside Debt in Firm Risk and the Cost of Debt	11
From an Emerging to a Consolidated European REIT Market. The Case of the Underpricing of Spanish Direct Listing REITs	11
Macroeconomic News and Risk Exposure to Foreign Exchange Rate Evidence from Chinese Listed Firms	11
Predicting Stock Market Crises Using Stock Index Derivatives: Evidence from China	11
The Digital Transformation Effect in Trade Credit Uptake: The Buyer Perspective	11
Corporate Misconduct and Analyst Forecasting Accuracy: Evidence from China	11
The Historical Roots of Opportunistic Sales: Evidence from CEOs’ Great Famine Experience	11
Managerial Overconfidence and Stock Price Crash Risk: Evidence from China	10
The Inverted U-Shaped Relationship Between AI and Job Satisfaction: Empirical Evidence from China’s CLDS Microdata	10
Pricing the Pandemic: Evidence from the Bond Market in China	10
International Evidence on the Interest Rate Effect in Dynamic IS Curves	10
How Does Digital Financial Inclusion Affect Energy Usage? Evidence from Prefecture-Level Cities in China	10
Foreign Institutional Ownership and Firm Value: Evidence of “Locust Foreign Capital” in Brazil	10
The Impact of Climate Change Factors on Financial Markets: Evidence from China	10
Firm Innovation and Employment in South Africa: Examining the Role of Export Participation and Innovation Novelty	10
The Magnet Effect of Price Limits: An Agent-Based Approach	10
Disagreement Motivated Trading: The Bright Side of Share Pledges	10
Climate-Induced Disasters, Risk Resilience and Firm Performance	10
Fading Digital Ambitions: Population Aging and the Transformation of Corporate Digital Strategy in China	10
Geographic Proximity and Information Efficiency of Capital Market: Evidence from China	10
Mixed Ownership Reform, Government Intervention, and Earnings Quality: Empirical Evidence from Pilot Enterprises in China	10
Exchange Rate Fluctuations and the Quality of Products Imported by Chinese Manufacturing Firms	10
Can and How Government Environmental Attention Curb Greenwashing? An Empirical Study of Chinese-Listed Firms	9
Geopolitical Risk and China’s Crude Oil Futures: An Empirical Study Based on the Cross-Quantilogram Approach	9
Digital Finance and the Efficiency of Household Investment Portfolios	9
Effects of Country and Geopolitical Risks on Income Inequality: Evidence from Emerging Economies	9
Can Corporate Environmental Social Responsibility and Financial Performance Achieve a Win-win Situation in China? -From the Perspective of Executive Social Capital	9
Corporate Private Information and Credit Ratings: Evidence from Corporate Geographic Distance	9
How Does Organization Capital Alleviate SMEs’ Financial Constraints? Evidence from China	9
Fund Flows, Stock Markets, and Economic Policy Uncertainty: From the Perspective a CIVET Nation	9
Insider Sales and Corporate Bond Yield Spread: Evidence from China	9
Launching Prosocial Crowdfunding Campaigns: The Final Countdown	9
Interconnected Horizons: ASEAN’s Journey in the Global Semiconductor Trade Network Amidst the COVID-19 Pandemic and Supply Chain Realignments	9
The Impact of Digital Finance on the Survival and Growth of SMEs: Evidence from China	9
Climate Change and Corporate Leverage Manipulation: Evidence from China	9
The Impact of Extreme Weather Events on Income Inequality: Global Evidence	9
The Coupling and Coordination Between Digital Economy and Green Economy: Evidence from China	9
Financial Constraints and Firm Innovation Decision: The Roles of Corporate Governance and Risk Diversification	9
Geopolitical Risk and Exchange Rate Returns in Asia	8
Application of Event Study Methodology in the Analysis of Cryptocurrency Returns	8
Mandatory Resignation of Politician-Directors and Company Violations: Evidence from China	8
Short Selling and Total-Factor Productivity: Evidence from a Quasi-Natural Experiment in China	8
The Effects of Zombie Firms on the Financial Information Transparency of Other Firms	8
Air Pollution and Media Slant: Evidence from Chinese Corporate News	8
Climate Change Shocks and Credit Risk of Financial Institutions: Evidence from China’s Commercial Banks	8
Commonalities in the Movements of Inflation Rates among Countries in the East African Community	8
Exposure to Credit Risk Spillovers and Corporate Earnings Management	8
Research on the Impact of Corporate Social Responsibility on Sustainable Performance: A Multi-dimensional Balance Perspective	8
Analysis of the non-linear relationship between Interest Rate Distortions in China’s Shadow Banking System and short-term Capital Flows	8
Institutional Investors and Corporate Social Responsibility: Evidence from China	8
Environmental Violations and Stock Price Crash Risk: Evidence from Chinese Listed Heavily Polluting Companies	8
Does Private Means Better? A Water and Sanitation Quasi-Experimental Design	8
Leading to Common Prosperity: Does Digital Transformation Help Promote Corporate Philanthropy?	8
The Impact of Corporate Public Market Share Repurchases on Capital Market Information Efficiency	8
Impact of Conventional and Unconventional Monetary Policy on Correlations Across Financial Markets: Evidence from an Emerging Economy	8
Can Digital Transformation Facilitate Firms’ M&A: Empirical Discovery Based on Machine Learning	7
Spillover Effects of the Registration-Based IPO Reform on Analyst Earnings Forecast Quality	7

The Information Role of Investors’ Site Visits in Management Forecasts	7
Effect of China’s Outward Foreign Direct Investment in Portuguese-Speaking Countries on Its Bilateral Trade	7
Electricity Quality Emergency Investment with a Bargaining Contract in the Electricity Supply Chain under the COVID-19 Pandemic	7
Influencing Mechanism of Human Resource Management Strength on Creative Self-Efficacy: A Dual-Moderation Model	7
Does Government’s Attention to Green Development Promote Enterprise Green Transition? Evidence from China	7
Heterogeneity in the Effect of Environmental Protection Expenditure in China: Causal Inference from Machine Learning	7
Impact of Managerial Discretion “Stranglehold” on Enterprises Investment Efficiency: Based on Heterogeneous Stochastic Frontier Model	7
Measuring the Level of Regional Economic Synergistic Development and Its Driving Factors	7
Nineteen Years of Emerging Markets Finance and Trade: A Bibliometric Analysis	7
Capital Market Opening and ESG Performance	7
Digital Innovation and Core Competence of Manufacturing Industry: Moderating Role of Absorptive Capacity	7
Foreign Institutional Investors and Corporate Green Innovation: Evidence from an Emerging Economy	7
Does Digital Transformation Affect Earnings Management Choices?	7
Can High-Quality Interactions Reduce the Regulatory Inquiries Received by Firms? Evidence from Interactive Investor Platforms in China	7
The Impact of COVID-19 Pandemic on Emerging Country Stock Markets: Evidence of the Value Effect	7
Does the Audit Committee Moderate the Effects of non-interest Activities on Bank Risks in China?	7
Cost of Equity Capital and Annual Report Tone Manipulation	7
The Nexus Between Monetary Policy, Innovation Efficiency, and Total Factor Productivity-Evidence from Global Panel Data	7
Penalties Against Interlocking Companies and Capital Structure Adjustment of Observing Companies	7
A Barometer of Climate Change: Does the US–China Tension Exacerbate Its Risks?	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
ESG Disclosure and Corporate Payroll Tax Compliance	7
Efficiency in the Early Stages of Carbon Markets: The Case of the Korean Emissions Trading Scheme	7
Diversified Environmental Governance Supervision and Green Transformation: Evidence from High-Polluting Companies in China	7
An Analysis of The Distortive Effect of Environmental Policy Stringency on Physical Trade Balance for Fossil Fuels 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
Pandemics, Local Institutional Quality, and Corporate Dividend Policy	7
Can Government Venture Capital Restrict Strategic Limited Partners from Intervening in Fund Decisions? Evidence from China	7
Corporate Financial Portfolio and Distress Risk: Forewarned is Forearmed	7
Influence of Economic and Financial Openness in Urban Agglomerations of Major Bay Areas	7
Blockchain Development and Corporate Performance in China: The Role of Ownership	7
Narcissism and Cost of Debt: Evidence from Signature Size Data in China	7
The Macroeconomic Costs of SOE Default	6
The COVID-19 Pandemic and International Energy Trade: An Empirical Analysis Based on Gravity Model	6
The COVID-19 Pandemic and Chinese Insurance Firms: A Panel Predictability Analysis	6
Nexus between Green Finance and Renewable Energy Development in China	6
The Effects of Low-Carbon Governance on Energy-Environmental Efficiency: Evidence from China’s Low-Carbon City Pilot Policy	6
Intellectual Property Protection, Financial Innovation and Corporate Innovation: Evidence from a Quasi-Natural Experiment in China	6
When Do Second-Generation Returnees Affect Family Firms’ Entrepreneurial Risk-Taking? The Moderating Role of Managerial Discretion	6
Distance and Financial Connection: Dynamics in Private Firms’ Bank Loan Availability	6
The Effects of the Digital Transformation on Firm’s Trade Credit: Evidence from China	6
Exploring the Relationship Between Digital Technology and Carbon Unlocking Capacity in Chinese Coal-Based Cities	6
Pension Fund Trading Behavior and the Index Inclusion: Evidence from the Korean Stock Market	6
Does Social Trust Affect Analysts’ Forecast? Evidence from China	6
Foreign Experienced CEOs’ and Financial Statement Comparability	6
The Impact of Economic Freedom on Bank Loan Spreads: Evidence from the Financial Crisis	6
The Negative Effect of Regional Banking Competition on Audit Quality: Evidence from China	6
Digital Transformation and Enterprise Output Volatility: Evidence from China	6
Does ESG Performance Affect Firm Risk? Evidence from China	6
How Does Analyst Coverage Influence Corporate Leverage Adjustment: Evidence from China	6
Government Intervention and Debt Financing Costs: Evidence from Government-Guided Funds	6
How Property Rights Affect Firm’s Labor Investment Efficiency? Evidence from a Property Law Enactment in China	6
Green Manufacturing Lists and Firms’ Green and Low-Carbon Technological Innovation: Evidence from China	6
Climate Risk Disclosure and Pricing Efficiency: A Textual Analysis	6
Do Different Credit Flows Affect the Current Account Differently? Evidence from Emerging Economies	6
Can the Belt and Road Initiative Promote the Dezombification of Firms?	6
Decoding the Voice: Media Variations in EPU and Foreign Capital Dynamics	6
Being Friendly Directors: Board Co-option and Labor Investment Efficiency	6
Information Security Governance and Stock Price Synchronization: Evidence from ISO27001 Certification of Internet Firms	6
Can CFOs Serving as Board Secretaries Improve Management Earnings Forecast Quality?	6
Social Credit System Reform and Commercial Insurance Purchase: Evidence from China	6
The Role of Spot Market Volatility in Industry Chain Risk Spillovers: A Dynamic Analysis of China’s Lithium Market	6
Measuring the International Influence of the RMB and its Regional Heterogeneity: Theory and Evidence from the Global FX Market Network	6
Religiosity and Carbon Emissions: International Evidence	6
Central Bank Communication and Leverage Differentiation of Non-Financial Enterprises	6
Knowledge is Power: Academic Institutional Shareholding and Corporate Innovation	6
Mergers and Acquisitions, Synergy, and Corporate Innovation: Evidence from China	6
The Realistic Way to the Decoupling of Carbon Dioxide Emissions from Economic Growth in China’s Service Sector	6
Ownership Structure, Diversification, and Bank Performance: International Evidence	6
Does the Listing of Options Improve Forecasting Power? Evidence from the Shanghai Stock Exchange	5
Is ‘Common Prosperity’ Badly Needed in Mainland China? Evidence on the Variance Convergence of Per-Capita GDP among 31 Cities and Provinces	5
Is Goodwill Attritional? Survival Analysis of the M&A Goodwill of A-Share Listed Company from 2007 to 2017	5
Global Diversification, Real Earnings Management, and Future Performance: Evidence from Korea	5
The Dissemination of Politically-Motivated False Information and Its Influence on the Stock Market	5
Takeover Threats and Corporate Tax Avoidance: Evidence from Market-Oriented Control Reform in China	5
Impact of Chinese Renminbi on Korean Exports: Does Quality Matter?	5
The Impact of Urbanization on CO2 Emissions in China: The Key Role of Foreign Direct Investment	5
Scenario Analysis on the Macroeconomic Impact of COVID-19: A Computable General Equilibrium Approach	5
Absence of Controlling Shareholders and Litigation Risk: Evidence from China	5
Global Value Chains and Systemic Risk: Evidence from China and the G7 Countries	5
Research on the Influence of Constructing National Innovation Demonstration Zone on Urban Innovation Level in China	5
Risk Perception and Audit Fees: How Do Auditors Respond When Working with Hometown CEOs?	5
Signing Auditors’ Red Origin and Audit Quality	5
Is IPO Underpricing Lower During the Transition Period of Registration-Based System Reform? Evidence from ChiNext Market	5
Which Top Management Team Characteristics Drive a Firm’s Tax Aggressiveness?	5
Can Inquiry Letters Make R&D Information Pricing More Effective? Evidence from China	5
ESG Rating Dispersion and Expected Stock Return in China	5
The Impacts of Digital Transformation on Labor Income Share: Evidence from China	5
How Does the Religiosity Enhance Risk-Taking of Chinese Private Enterprises: Internal Controlling or Social Supervision?	5
Structural Change Features and Influencing Factors of China’s Carbon Price	5
The Effect of Organizers on Analysts’ Forecasts: Evidence from Conference Calls in China	5
The Impact of Supply Chain Network Structure on Green Innovation: The Mediating Role of Knowledge Absorption	5
Capital Regulation Reforms and Bank Risk-Taking in China	5
Innovation, Profit-Seeking, and the Formation of High Value-Added Companies: An Empirical Study on China’s Listed Manufacturing Companies	5