Emerging Markets Review

Article	Citations
Does time-varying risk aversion sentiment matter in the connectedness among Sub-Saharan African bond markets?	142
Corrigendum to “The primary dealer system in lower-income economies” [Emerging Markets Review 45 (2020) 100715]	87
Corrigendum to “Endogenous market development for government securities in lower-income economies” [Emerging Markets Review 50 (2022) 100844]	87
On the prediction of financial distress in emerging markets: What matters more? Empirical evidence from Arab spring countries	83
Financial statement fraud, recidivism and punishment	64
Fintech innovation: Is it beneficial or detrimental to financial inclusion and financial stability? A systematic literature review and research directions	63
What drives the growth of shadow banks? Evidence from emerging markets	61
The value of independent directors: Evidence from China	55
Does air pollution influence investor trading behavior? Evidence from China	53
Local credit in Brazil: The role of digital connectivity and education	52
Measuring alternative asset prices in an emerging market: The case of the South African art market	51
Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception	45
Inflation and west African sectoral stock price indices: An asymmetric kernel method analysis	41
The imprint effect of initial institutional environments and bank financing in family businesses	40
Bank board network and financial stability in emerging markets	40
Editorial Board	40
Making differences work: Financial fraud detection based on multi-subject perceptions	39
Borrowing constraints, financial development and the aggregate savings: Theory and evidence	38
Bank risk-taking and competition in developing banking markets: Does efficiency level matter? Evidence from Africa	35
Does the nature of political connection matter for corporate social responsibility engagement? Evidence from China	34
Anti-corruption campaign and corporate cash holdings: Evidence from China	34
Managers' individualistic culture and trade credit	34
Impacts of COVID-19 pandemic on corporate cash holdings: Evidence from Korea	34
Predictability of risk appetite in Turkey: Local versus global factors	33
Are Latin American stock markets connected? Exploring spillovers and the impact of risk factors	32

Share pledging and stock price synchronicity: Evidence from China	32
Editorial Board	30
Residual state ownership, foreign ownership and firms' financing patterns	30
Unintended consequences: Examining the effects of government digital regulation on corporate fintech innovation in China	29
What drives portfolio capital inflows into emerging market economies? The role of the Fed's and ECB's balance sheet policies	28
The dark side of Bitcoin: Do Emerging Asian Islamic markets help subdue the ethical risk?	27
Board generational diversity in emerging markets	27
Financial fraud detection for Chinese listed firms: Does managers' abnormal tone matter?	27
Spillovers and connectedness among BRICS stock markets, cryptocurrencies, and uncertainty: Evidence from the quantile vector autoregression network	26
The value of official business group affiliation: Evidence from a change in Korean chaebol designation policy	26
Fintech competencies in emerging markets: Cognitive hybrid decision-making approach	26
Finance dependence and exchange rate pass-through: Empirical evidence from China	25
Editorial Board	25
The Effects of Monetary Policy on Capital Flows: An Emerging Market Survey	24
Risk spillover of banking across regions: Evidence from the belt and road countries	24
Antiquity, capitalism & development: The finance-growth perspective	24
Trade liberalization, regional trade openness degree, and foreign direct investment:Evidence from China	24
Financial crisis, global liquidity and trade credit channel: Evidence from Türkiye	23
CEO facial masculinity, fraud, and ESG: Evidence from South Korea	22
Dynamic connectedness between global commodity sectors, news sentiment, and sub-Saharan African equities	22
Turkey: From a thriving economic past towards a rugged future? - An empirical analysis on the Turkish financial markets	22
Systemic risk spillovers and the determinants in the stock markets of the Belt and Road countries	22
Farm location and occupational choices in Sub-Saharan Africa: Implications for agricultural households in Tanzania	21
Stock liquidity and investment efficiency: Evidence from the split-share structure reform in China	21
Financial intermediation around national elections: Evidence of state-owned banks as credit smoothers	21
Conditional dependence structure and risk spillovers between Bitcoin and fiat currencies	21
Editorial Board	20
A financial risk meter for China	19
Editorial Board	18
Does government transparency shape firm decentralization? Evidence from a natural experiment in China	18
CEOs' hometown connections and corporate risk-taking: Evidence from China	18
How does financial inclusion affect bank stability in emerging economies?	17
The dog that didn't bite: Sudden Stops in Emerging and Developing Economies during COVID-19	17
Government subsidies and firm performance: Evidence from high-tech start-ups in China	17
Central bank swap arrangements and exchange rate volatility: Evidence from China	17
Are business groups different from other family firms? Evidence from corporate investments during political uncertainty	16
Greenium in the Chinese corporate bond market	16
Political favoritism towards resource allocation: Evidence of grants by natural science foundation in China	16
Do firms manipulate earnings after winning public-private partnership bids? Evidence from China	16
Heterogeneous uncertainty matters! Evidence based on firms' cost management decisions	16
How bilateral investment treaties affect cross-border mergers and acquisitions: Novel evidence from China's internationalization	14
Banking market power and its determinants: New insights from MENA countries	14
Board centrality and environmental disclosures: Evidence from the polluting Industries in China	14
Air pollution, political costs, and earnings management	14
Does political turnover affect corporate investment? Evidence from China	14
The effect of stimulus policy on lending behavior and bank risk: Evidence from the Chinese banking sector	14
Intangible assets, corporate tax credits and pharmaceutical establishments	14
Machine learning and the cross-section of emerging market stock returns	13
Does the green loan policy boost greener production? – Evidence from Chinese firms	13
Competition law reform and firm performance: Evidence from developing countries	12

Factor investing in Brazil: Diversifying across factor tilts and allocation strategies	12
The effect of currency risk on crypto asset utilization in Türkiye	12
ChiNext IPOs' initial returns before and after the 2013 stock market reform: What can we learn?	12
On the communication efforts of the central banks in emerging economies: The case of India	12
Learning representation of stock traders and immediate price impacts	12
Banking relationship and default priority in consumer credit: Evidence from Thai microdata	12
Does a sustainability risk premium exist where it matters the most?	12
Women to women: Enabling innovation and firm performance in developing countries	11
FinTech: The disruptive force reducing bank competition pressure	11
Retail attention, retail trades, and stock price crash risk	11
Climate change, governance, and macroeconomic stability: Empirical analysis in a panel of African countries	11
Fintech business and corporate social responsibility practices	11
The impact of proximity within elite corporate networks on the Shariah governance-firm performance nexus: Evidence from the global Shariah elite	10
Corporate digital transformation and idiosyncratic risk: Based on corporate governance perspective	10
Trade reform, infrastructure investment, and structural transformation in Africa: Evidence from Guinea-Bissau	10
Net privatisation prices in Brazil	10
The impacts of green bonds on the green innovation: Evidence from the corporate green transformation in China	10
Economic policy uncertainty, non-financial enterprises' shadow banking activities and stock price crash risk	10
How credit constrained are family-owned SMEs in Arab countries?	9
Unintended investor sentiment on bank financial products: Evidence from China	9
How effective is the cash conversion cycle in improving firm performance? Evidence from BRICS	9
Liquidity risk in FinTech lending: Early impact of the COVID-19 pandemic on the P2P lending market	9
Evaluation of the space-time effects of Covid-19 on household loans and savings in Romania - A spatial panel data approach at county level	9
FX-hedging for Latin American investors	9
Does party organization embeddedness boost corporate environmental performance?	9
Will Southeast Asia be the next global manufacturing hub? A multiway cointegration, causality, and dynamic connectedness analyses	9
Financial inclusion and women economic empowerment in Ghana	9
Impact of cultural trade on foreign direct investment: Evidence from China	9
National Governance and Corporate Liquidity in Organization of Islamic Cooperation Countries: Evidence based on a Sharia-compliant Liquidity Measure	8
Emerging equity markets in a globalized world	8
The intention to use cryptocurrency: A meta-analysis of what we know	8
The impact of currency depreciation and foreign exchange positions on bank lending: Evidence from an emerging market	8
Does financial liberalization reduce income inequality? Evidence from Africa	8
Shadow banking and loan pricing of commercial banks: Evidence from China	8
Beyond religion and culture: The economic consequences of the institutionalization of sharia law	8
Climate policy and China's external balances	8
The clarity of monetary policy communication and financial market volatility in developing economies	8
Tail-event driven NETwork dependence in emerging markets	8
Determinants of corporate governance practices in Brazil	8
Does compliance with screening standards affect the performance of firms?	7
Enforcement actions and systemic risk	7
To protect or to hide-an investigation on corporate redacted disclosure motives under new FAST act regulation	7
The gender composition of corporate boards and firm performance: Evidence from Russia	7
Different lies to different audiences: Tax avoidance versus earnings inflation	7
Origin matters: Institutional imprinting and family firm innovation in China	7
Public bank lending in Africa in times of crisis	7
Interpersonal versus interbank lending networks: The role of intermediation in risk-sharing	7
Optimal central banking policies: Envisioning the post-digital yuan economy with loan prime rate-setting	7
Nonlinear network connectedness: Assessing financial risk transmission in MENA and influence of external financial conditions	7
Climate risks, balance-of-payments constraints and central banking in emerging economies – Insights from Nigeria	7
Are FX communications effective? Evidence from emerging markets	7
Editorial Board	6
Evidence of arbitrage trading activity: The case of Chinese metal futures contracts	6
Speculative trading, stock returns and asset pricing anomalies	6
Does bank efficiency affect the bank lending channel in China?	6
Editorial Board	6
Welcome letter from the editor-in-chief	6
Other people's money: A comparison of institutional investors	6
Carbon emissions and audit fees: Evidence from emerging markets	6
Risk substitution in cryptocurrencies: Evidence from BRICS announcements	6
A machine learning approach for comparing the largest firm effect	6
Social progress, business formation, and access to investment capital	6
The speed of stock price adjustment to corporate announcements: Insights from Turkey	6
Corporate governance of weak stakeholders: Minority investors and investment efficiency	6
Machine learning portfolios with equal risk contributions: Evidence from the Brazilian market	5
CEO characteristics and capital structure dynamics: Evidence from a transitional economy	5
Environmental regulations and innovation for sustainability? Moderating effect of political connections	5
How does Russia's economy affect the region? Transmission channels and policy options	5
Regulators' work experience at local companies and SOEs' investment efficiency: Evidence from provincial SASAC leaders	5
Editorial Board	5
Bank branching deregulation and the credit risk of the regional banking sector: Evidence from city commercial banks in China	5
Effect of accounting information manipulation on innovation: Evidence from China	5
How does technological progress affect provincial financial resilience? Evidence at the provincial level in China	5
Spillovers of U.S. monetary policy uncertainty on inflation targeting emerging economies	5
The impact of institutional investors' corporate site visits on corporate social responsibility	5
Dynamic linkage between the Chinese and global stock markets: A normal mixture approach	5
Credit risk in Islamic microfinance institutions: The role of women, groups, and rural borrowers	5
Star analyst activities and stock price synchronicity: Korean equity market reforms	5
Combating the rent-seeking among enterprises in China's emissions trading system	5
Cash holdings of minority family businesses in Indonesia	5

Global commodity and equity markets spillovers to Africa during the COVID-19 pandemic	5
Demographic shifts and the strategic use of flexible off-budget debt tools	5
Corrigendum to “Enforcement actions and systemic risk” [Emerging Markets Review 59 (2024) 101115]	5
Institutional conditions, economic policy uncertainty and foreign institutional investment in China	4
The gambling preference and stock price: Evidence from China's stock market	4
Threshold effects, technology purchasing, and firm outcomes: An absorptive capacity perspective	4
Political capital and physical capital: Substitute or complement? Evidence from China's anti-corruption campaign	4
Where are the fundamental traders? A model application based on the Shanghai Stock Exchange	4
In the radiance of enlightenment: The influence of nontheistic religions on corporate default risk	4
Culture imprint and gambling preference: Evidence from individual investors' trading in the Chinese stock market	4
The Nexus among board diversity and bank stability: Implications from gender, nationality and education	4
Do corporate environmental violations affect trade credit? Evidence from China	4
Diversification and financialization of non-financial corporations: Evidence from China	4
Testing technical trading strategies on China's equity ETFs: A skewness perspective	4
The cyclicality of official bilateral lending: Which cycle do flows follow?	4
Effect of climate-related risk on the costs of bank loans: Evidence from syndicated loan markets in emerging economies	4
The spillover effects of China's monetary policy shock: Evidence from B&R countries	4
Impact of asymmetry on exchange rate determination: The role of fundamentals	4
Risk-sharing networks, consumption, and asset allocation: Micro-evidence from China	4
Social capital and cost of debt: Evidence from Chinese CEO network centrality	4
The moderating role of a corporate life cycle with the impact of economic value-added on corporate social responsibility: Evidence from China's listed companies	4
Analysis of the performance of Islamic gold-backed cryptocurrencies during the bear market of 2020	4
Innovation spillovers within business groups: Evidence from Korean chaebols	3
Regulation, ownership and bank performance in the MENA region: Evidence for Islamic and conventional banks	3
Innovation quantity or quality? The role of political connections	3
Your skin or mine: Ensuring the viability of a central counterparty	3
Learning by doing or catering: Firm-specific experience and analyst forecast accuracy	3
Enhancing bank liquidity creation through digital innovation: Exploring the impact of macroprudential policy sentiments	3
Insider trading and information asymmetry: Evidence from the Korea Exchange	3
Connectedness and risk spillovers among sub-Saharan Africa and MENA equity markets	3
Effects of monetary policy news on financial assets: Evidence from Brazil on a bivariate VAR-GARCH model (2006–17)	3
Dividend policy and religion: International evidence from firms with Islamic Label	3
Monetary policy surprises and interest rates under China's evolving monetary policy framework	3
Gender attitudes and the effect of board gender diversity on corporate environmental responsibility	3
Disruptive technology and audit risks: Evidence from FTSE 100 companies	3
Dynamic financial connectedness among the US, China, and countries of the Belt and Road Initiative	3
Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions	3
Mandatory disclosure and bank earnings management in India	3
Venture capital investment in Latin America: The role of experience, distances, and network features	3
The impact of corporate governance and state ownership on the default probabilities of Chinese firms	3
Editorial Board	3
Energy firms in emerging markets: Systemic risk and diversification opportunities	3
Optimizing systemic risk through credit network reconstruction	3