Emerging Markets Review

Article	Citations
Does time-varying risk aversion sentiment matter in the connectedness among Sub-Saharan African bond markets?	167
Corrigendum to “Endogenous market development for government securities in lower-income economies” [Emerging Markets Review 50 (2022) 100844]	91
What drives the growth of shadow banks? Evidence from emerging markets	89
The value of independent directors: Evidence from China	72
Financial statement fraud, recidivism and punishment	68
Does air pollution influence investor trading behavior? Evidence from China	64
Fintech innovation: Is it beneficial or detrimental to financial inclusion and financial stability? A systematic literature review and research directions	63
Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception	58
Making differences work: Financial fraud detection based on multi-subject perceptions	57
Media coverage of startups and venture capital investments	51
Bank risk-taking and competition in developing banking markets: Does efficiency level matter? Evidence from Africa	48
Anti-corruption campaign and corporate cash holdings: Evidence from China	43
The imprint effect of initial institutional environments and bank financing in family businesses	42
Borrowing constraints, financial development and the aggregate savings: Theory and evidence	42
Impacts of COVID-19 pandemic on corporate cash holdings: Evidence from Korea	41
Inflation and west African sectoral stock price indices: An asymmetric kernel method analysis	39
Bank board network and financial stability in emerging markets	39
Local credit in Brazil: The role of digital connectivity and education	35
Predictability of risk appetite in Turkey: Local versus global factors	34
Editorial Board	33
Share pledging and stock price synchronicity: Evidence from China	33
What drives portfolio capital inflows into emerging market economies? The role of the Fed's and ECB's balance sheet policies	32
Does the nature of political connection matter for corporate social responsibility engagement? Evidence from China	32
Board generational diversity in emerging markets	31
The dark side of Bitcoin: Do Emerging Asian Islamic markets help subdue the ethical risk?	29

Global monetary policy surprises and their transmission to emerging market economies: An external VAR analysis	28
Safety nets and investment choices	28
Unintended consequences: Examining the effects of government digital regulation on corporate fintech innovation in China	27
Financial fraud detection for Chinese listed firms: Does managers' abnormal tone matter?	27
Are Latin American stock markets connected? Exploring spillovers and the impact of risk factors	27
Fintech competencies in emerging markets: Cognitive hybrid decision-making approach	26
Managers' individualistic culture and trade credit	26
Residual state ownership, foreign ownership and firms' financing patterns	26
Finance dependence and exchange rate pass-through: Empirical evidence from China	26
Spillovers and connectedness among BRICS stock markets, cryptocurrencies, and uncertainty: Evidence from the quantile vector autoregression network	26
Financial crisis, global liquidity and trade credit channel: Evidence from Türkiye	25
Editorial Board	25
The Effects of Monetary Policy on Capital Flows: An Emerging Market Survey	25
Antiquity, capitalism & development: The finance-growth perspective	25
The value of official business group affiliation: Evidence from a change in Korean chaebol designation policy	24
Trade liberalization, regional trade openness degree, and foreign direct investment:Evidence from China	24
Risk spillover of banking across regions: Evidence from the belt and road countries	22
Dynamic connectedness between global commodity sectors, news sentiment, and sub-Saharan African equities	21
Systemic risk spillovers and the determinants in the stock markets of the Belt and Road countries	21
Farm location and occupational choices in Sub-Saharan Africa: Implications for agricultural households in Tanzania	21
CEO facial masculinity, fraud, and ESG: Evidence from South Korea	21
Editorial Board	20
Editorial Board	20
Financial intermediation around national elections: Evidence of state-owned banks as credit smoothers	20
A financial risk meter for China	20
CEOs' hometown connections and corporate risk-taking: Evidence from China	19
Heterogeneous uncertainty matters! Evidence based on firms' cost management decisions	18
Are business groups different from other family firms? Evidence from corporate investments during political uncertainty	18
Stock liquidity and investment efficiency: Evidence from the split-share structure reform in China	18
The dog that didn't bite: Sudden Stops in Emerging and Developing Economies during COVID-19	18
Central bank swap arrangements and exchange rate volatility: Evidence from China	17
Do firms manipulate earnings after winning public-private partnership bids? Evidence from China	17
Turkey: From a thriving economic past towards a rugged future? - An empirical analysis on the Turkish financial markets	16
Political favoritism towards resource allocation: Evidence of grants by natural science foundation in China	16
Conditional dependence structure and risk spillovers between Bitcoin and fiat currencies	15
Does government transparency shape firm decentralization? Evidence from a natural experiment in China	15
How does financial inclusion affect bank stability in emerging economies?	15
Corrigendum to “Do management climate change concerns mitigate greenwashing? Evidence from China” [Emerging Markets Review 67 (2025) 101308]	15
Government subsidies and firm performance: Evidence from high-tech start-ups in China	14
Greenium in the Chinese corporate bond market	14
Uncertainty shocks and financial conditions in Latin-American countries	14
Intangible assets, corporate tax credits and pharmaceutical establishments	14
How bilateral investment treaties affect cross-border mergers and acquisitions: Novel evidence from China's internationalization	14
Air pollution, political costs, and earnings management	13
Does asynchronous market update matter? Re-examining the price discovery of stock index and futures in China	13
The effect of stimulus policy on lending behavior and bank risk: Evidence from the Chinese banking sector	13
The effect of currency risk on crypto asset utilization in Türkiye	13
Board centrality and environmental disclosures: Evidence from the polluting Industries in China	13
Does the green loan policy boost greener production? – Evidence from Chinese firms	12
Banking market power and its determinants: New insights from MENA countries	12

Banking relationship and default priority in consumer credit: Evidence from Thai microdata	12
Does political turnover affect corporate investment? Evidence from China	12
On the communication efforts of the central banks in emerging economies: The case of India	12
Machine learning and the cross-section of emerging market stock returns	12
Factor investing in Brazil: Diversifying across factor tilts and allocation strategies	12
Does a sustainability risk premium exist where it matters the most?	11
Climate change, governance, and macroeconomic stability: Empirical analysis in a panel of African countries	11
Editorial Board	11
Learning representation of stock traders and immediate price impacts	11
ChiNext IPOs' initial returns before and after the 2013 stock market reform: What can we learn?	11
Fintech business and corporate social responsibility practices	11
Women to women: Enabling innovation and firm performance in developing countries	11
Corporate investment and shadow banking channel of monetary policy	11
Retail attention, retail trades, and stock price crash risk	11
Competition law reform and firm performance: Evidence from developing countries	11
The impact of proximity within elite corporate networks on the Shariah governance-firm performance nexus: Evidence from the global Shariah elite	10
Economic policy uncertainty, non-financial enterprises' shadow banking activities and stock price crash risk	10
Net privatisation prices in Brazil	10
Unified or divided? Conflicting interests of controlling shareholders in corporate tax avoidance	10
FinTech: The disruptive force reducing bank competition pressure	10
Trade reform, infrastructure investment, and structural transformation in Africa: Evidence from Guinea-Bissau	10
Trade sanctions and global value chains: The role of financial development and capital openness in emerging markets	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
How effective is the cash conversion cycle in improving firm performance? Evidence from BRICS	9
Stock market index enhancement via machine learning	9
Corporate digital transformation and idiosyncratic risk: Based on corporate governance perspective	9
How credit constrained are family-owned SMEs in Arab countries?	9
Impact of cultural trade on foreign direct investment: Evidence from China	9
FX-hedging for Latin American investors	9
Unintended investor sentiment on bank financial products: Evidence from China	9
Financial inclusion and women economic empowerment in Ghana	9
The impacts of green bonds on the green innovation: Evidence from the corporate green transformation in China	9
Will Southeast Asia be the next global manufacturing hub? A multiway cointegration, causality, and dynamic connectedness analyses	9
Liquidity risk in FinTech lending: Early impact of the COVID-19 pandemic on the P2P lending market	8
Does financial liberalization reduce income inequality? Evidence from Africa	8
IPOhelper: Mining features in registration statements for listing prediction of technological innovation companies	8
Does party organization embeddedness boost corporate environmental performance?	8
Determinants of corporate governance practices in Brazil	8
The impact of currency depreciation and foreign exchange positions on bank lending: Evidence from an emerging market	8
The clarity of monetary policy communication and financial market volatility in developing economies	8
The intention to use cryptocurrency: A meta-analysis of what we know	8
Climate policy and China's external balances	8
Shadow banking and loan pricing of commercial banks: Evidence from China	8
Emerging equity markets in a globalized world	8
Interpersonal versus interbank lending networks: The role of intermediation in risk-sharing	7
Origin matters: Institutional imprinting and family firm innovation in China	7
Tail-event driven NETwork dependence in emerging markets	7
Beyond religion and culture: The economic consequences of the institutionalization of sharia law	7
Optimal central banking policies: Envisioning the post-digital yuan economy with loan prime rate-setting	7
Different lies to different audiences: Tax avoidance versus earnings inflation	7
Public bank lending in Africa in times of crisis	7
To protect or to hide-an investigation on corporate redacted disclosure motives under new FAST act regulation	7
Does compliance with screening standards affect the performance of firms?	7
Are FX communications effective? Evidence from emerging markets	7
The gender composition of corporate boards and firm performance: Evidence from Russia	6
Climate risks, balance-of-payments constraints and central banking in emerging economies – Insights from Nigeria	6
A machine learning approach for comparing the largest firm effect	6
Corporate governance of weak stakeholders: Minority investors and investment efficiency	6
Corrigendum to “Enforcement actions and systemic risk” [Emerging Markets Review 59 (2024) 101115]	6
Bank branching deregulation and the credit risk of the regional banking sector: Evidence from city commercial banks in China	6
Nonlinear network connectedness: Assessing financial risk transmission in MENA and influence of external financial conditions	6
Editorial Board	6
Welcome letter from the editor-in-chief	6
Other people's money: A comparison of institutional investors	6
Risk substitution in cryptocurrencies: Evidence from BRICS announcements	6
Enforcement actions and systemic risk	6
Editorial Board	6
Social progress, business formation, and access to investment capital	6
How does technological progress affect provincial financial resilience? Evidence at the provincial level in China	6
Star analyst activities and stock price synchronicity: Korean equity market reforms	6
Credit risk in Islamic microfinance institutions: The role of women, groups, and rural borrowers	5
Evidence of arbitrage trading activity: The case of Chinese metal futures contracts	5
Effect of accounting information manipulation on innovation: Evidence from China	5
Machine learning portfolios with equal risk contributions: Evidence from the Brazilian market	5
Carbon emissions and audit fees: Evidence from emerging markets	5
Loan spreads over the credit cycle	5
Collateral eligibility of credit claims and bank liquidity creation: Evidence from China	5
Editorial Board	5
Integrity atmosphere and the cost of equity: Evidence from China	5
Hidden costs of separation: Exploring the effect of left-behind experiences on financial market participation in China	5

Does bank efficiency affect the bank lending channel in China?	5
Speculative trading, stock returns and asset pricing anomalies	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
The Nexus among board diversity and bank stability: Implications from gender, nationality and education	4
Regulators' work experience at local companies and SOEs' investment efficiency: Evidence from provincial SASAC leaders	4
Culture imprint and gambling preference: Evidence from individual investors' trading in the Chinese stock market	4
The impact of institutional investors' corporate site visits on corporate social responsibility	4
Political capital and physical capital: Substitute or complement? Evidence from China's anti-corruption campaign	4
Risk-sharing networks, consumption, and asset allocation: Micro-evidence from China	4
Effect of climate-related risk on the costs of bank loans: Evidence from syndicated loan markets in emerging economies	4
Cash holdings of minority family businesses in Indonesia	4
The gambling preference and stock price: Evidence from China's stock market	4
Global commodity and equity markets spillovers to Africa during the COVID-19 pandemic	4
Demographic shifts and the strategic use of flexible off-budget debt tools	4
Threshold effects, technology purchasing, and firm outcomes: An absorptive capacity perspective	4
Combating the rent-seeking among enterprises in China's emissions trading system	4
The spillover effects of China's monetary policy shock: Evidence from B&R countries	4
CSR news and stock prices: A fine-grained analysis in an underexamined Muslim setting	4
The cyclicality of official bilateral lending: Which cycle do flows follow?	4
Spillovers of U.S. monetary policy uncertainty on inflation targeting emerging economies	4
Dynamic linkage between the Chinese and global stock markets: A normal mixture approach	4
Institutional conditions, economic policy uncertainty and foreign institutional investment in China	4
How does Russia's economy affect the region? Transmission channels and policy options	4
Impact of asymmetry on exchange rate determination: The role of fundamentals	4
Do corporate environmental violations affect trade credit? Evidence from China	4
Doom loops in Latin America	4
In the radiance of enlightenment: The influence of nontheistic religions on corporate default risk	4
Testing technical trading strategies on China's equity ETFs: A skewness perspective	3
Insider trading and information asymmetry: Evidence from the Korea Exchange	3
From the core to the European periphery: Spillover effects of financial cycles	3
Dynamic financial connectedness among the US, China, and countries of the Belt and Road Initiative	3
Editorial Board	3
Effects of monetary policy news on financial assets: Evidence from Brazil on a bivariate VAR-GARCH model (2006–17)	3
Diversification and financialization of non-financial corporations: Evidence from China	3
Mandatory disclosure and bank earnings management in India	3
Kuwait Stock Exchange: A re-examination of seasonal anomalies	3
Energy firms in emerging markets: Systemic risk and diversification opportunities	3
Connectedness and risk spillovers among sub-Saharan Africa and MENA equity markets	3
Enhancing bank liquidity creation through digital innovation: Exploring the impact of macroprudential policy sentiments	3
International reserves, currency depreciation and public debt: New evidence of buffer effects in Africa	3
Innovation spillovers within business groups: Evidence from Korean chaebols	3
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	3
Where are the fundamental traders? A model application based on the Shanghai Stock Exchange	3
Social capital and cost of debt: Evidence from Chinese CEO network centrality	3
Disruptive technology and audit risks: Evidence from FTSE 100 companies	3
Optimizing systemic risk through credit network reconstruction	3
Modelling the demand for financial assets: The case of Sri Lanka	3
Venture capital investment in Latin America: The role of experience, distances, and network features	3
Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions	3
Analysis of the performance of Islamic gold-backed cryptocurrencies during the bear market of 2020	3