Emerging Markets Review

Article	Citations
Banks' leverage in foreign exchange derivatives in times of crisis: A tale of two countries	133
Women to women: Enabling innovation and firm performance in developing countries	83
Combating the rent-seeking among enterprises in China's emissions trading system	80
Message traffic and short-term illiquidity in high-speed markets	80
On the communication efforts of the central banks in emerging economies: The case of India	60
Earnings management and firms' investment behavior: The threshold effect of ROE	51
The inner workings of the board: Evidence from emerging markets	47
Global commodity and equity markets spillovers to Africa during the COVID-19 pandemic	46
WITHDRAWN: Drivers of system risk in the African banking systems: Does CODIV-19 make any difference?	45
Strategic behavior of insiders in initial underpricing and long-run underperformance	44
Climate change, governance, and macroeconomic stability: Empirical analysis in a panel of African countries	42
Capacity utilization shifting or resource-seeking? Benefits for Chinese enterprises participating in the belt and road initiative	40
Shadow economy implications of financial development in Africa: Do income groups also matter?	40
Machine learning portfolios with equal risk contributions: Evidence from the Brazilian market	39
FinTech: The disruptive force reducing bank competition pressure	36
The evolution of consumption inequality and risk-insurance in Chile	35
Empowering African entrepreneurs: The crucial role of financial inclusion in mediating the relationship between contextual factors and entrepreneurial willingness	35
Balance sheet effects of foreign currency debt and real exchange rate on corporate investment: evidence from Turkey	34
Cash holdings of minority family businesses in Indonesia	32
Does corporate social responsibility benefit society? Evidence from Latin America	32
Banking relationship and default priority in consumer credit: Evidence from Thai microdata	32
Factor investing in Brazil: Diversifying across factor tilts and allocation strategies	29
What drives the growth of shadow banks? Evidence from emerging markets	28
Spillovers of U.S. monetary policy uncertainty on inflation targeting emerging economies	28
Editorial Board	28

Anti-corruption intensity and loan contracting: Evidence from non-state owned firms in China	28
Environmental regulations and innovation for sustainability? Moderating effect of political connections	27
Compliance and familiarity with fixed assets' disclosure requirements and firm value	26
Expectations, sentiments and capital flows to emerging market economies	26
ChiNext IPOs' initial returns before and after the 2013 stock market reform: What can we learn?	26
Multiple large shareholders, control contests, and forced CEO turnover	25
The value of independent directors: Evidence from China	25
Does a sustainability risk premium exist where it matters the most?	24
Effect of accounting information manipulation on innovation: Evidence from China	24
FDI and import competition and domestic firm's capital structure: Evidence from Chinese firm-level data	24
How to reduce the default contagion risk of intercorporate credit guarantee networks? Evidence from China	24
Does air pollution influence investor trading behavior? Evidence from China	23
Margin trading and spillover effects: Evidence from the Chinese stock markets	23
The role of large shareholders in goodwill impairment decisions – Evidence from China	22
Learning representation of stock traders and immediate price impacts	22
Bank's balance sheet management as a bargaining tool: Evidence from Brazilian labor strikes	21
Corporate structure, partial privatization, and wage inequality: Evidence from China's split share structure reform	21
Does time-varying risk aversion sentiment matter in the connectedness among Sub-Saharan African bond markets?	21
Credit gaps as banking crisis predictors: A different tune for middle- and low-income countries	19
Corrigendum to “The primary dealer system in lower-income economies” [Emerging Markets Review 45 (2020) 100715]	19
Corrigendum to “Endogenous market development for government securities in lower-income economies” [Emerging Markets Review 50 (2022) 100844]	19
Fintech business and corporate social responsibility practices	19
FinTech and the COVID-19 pandemic: Evidence from electronic payment systems	18
CEO characteristics and capital structure dynamics: Evidence from a transitional economy	18
Financial statement fraud, recidivism and punishment	17
Fintech innovation: Is it beneficial or detrimental to financial inclusion and financial stability? A systematic literature review and research directions	17
Competition law reform and firm performance: Evidence from developing countries	17
Are green bonds priced lower than their conventional peers?	17
Retail attention, retail trades, and stock price crash risk	17
Political embeddedness, media positioning and corporate social responsibility: Evidence from China	17
Interconnectedness between convertible bonds and underlying stocks in the Chinese capital market: A multilayer network perspective	16
Digital transformation and corporate labor investment efficiency	16
On the prediction of financial distress in emerging markets: What matters more? Empirical evidence from Arab spring countries	16
The impact of institutional investors' corporate site visits on corporate social responsibility	15
Does digital innovation help firms navigate the COVID-19 pandemic? Evidence from China	15
Global supply chain inflationary pressures and monetary policy in Mexico	14
Net privatisation prices in Brazil	14
Bank risk-taking and competition in developing banking markets: Does efficiency level matter? Evidence from Africa	14
Spillover effects of short selling on corporate bond financing costs: Evidence from Chinese listed firms	14
Fraud detection at eBay	13
Culture imprint and gambling preference: Evidence from individual investors' trading in the Chinese stock market	13
Regulators' work experience at local companies and SOEs' investment efficiency: Evidence from provincial SASAC leaders	13
The impacts of green bonds on the green innovation: Evidence from the corporate green transformation in China	12
Family-firms cash holdings determinants: Empirical evidence for Chile	12
Local credit in Brazil: The role of digital connectivity and education	12
Editorial Board	11
Can value-added tax refund policy inhibit corporate financial fraud? Evidence from China	11
Untangling the finance-growth nexus: The dual role of financial development in the transmission of shocks	11
Greenhouse gas emissions, firm value, and the investor base: Evidence from Korea	11
How does Russia's economy affect the region? Transmission channels and policy options	11

Making differences work: Financial fraud detection based on multi-subject perceptions	11
CEO early-life experience and corporate accounting conservatism: Insights from the socio-political context	11
Effect of climate-related risk on the costs of bank loans: Evidence from syndicated loan markets in emerging economies	10
The imprint effect of initial institutional environments and bank financing in family businesses	10
Anti-corruption campaign and corporate cash holdings: Evidence from China	10
Economic policy uncertainty, non-financial enterprises' shadow banking activities and stock price crash risk	10
Bank liquidity and exposure to industry shocks: Evidence from Ukraine	9
Editorial Board	9
Editorial Board	9
Institutional determinants of emerging market returns and flows	9
Editorial Board	9
Low liquidity beta anomaly in China	9
Editorial Board	9
Bank board network and financial stability in emerging markets	9
The impact of proximity within elite corporate networks on the Shariah governance-firm performance nexus: Evidence from the global Shariah elite	9
Inflation and west African sectoral stock price indices: An asymmetric kernel method analysis	9
Outside directors, firm life cycle, corporate financial decisions and firm performance	8
ESG disclosure quality and cost of debt	8
The gambling preference and stock price: Evidence from China's stock market	8
Can corporate financing through the stock market create systemic risk? Evidence from the BRVM securities market	8
Path dependence and resource availability: Process of innovation activities in Chinese family and non-family firms	8
Ultimate government control and stock price crash risk: Evidence from China	8
Measuring alternative asset prices in an emerging market: The case of the South African art market	8
How does economic policy uncertainty affect cross-border M&A: Evidence from Chinese firms	8
How do emerging debt market participants recognize firm internationalization?Evidence from effects on credit ratings	8
Dynamic linkage between the Chinese and global stock markets: A normal mixture approach	8
The process of female borrower discouragement	7
Do bank loans still convey information to investors? Evidence from the split share structure reform in China	7
How does privatization affect cash dividends? Quasi-experimental evidence from China	7
Financial inclusion and women economic empowerment in Ghana	7
Functional subsidies, selective subsidies and corporate investment efficiency: Evidence from China	7
Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception	7
Do recessions induce Schumpeterian creative destruction? Micro Evidence from India	7
Trade reform, infrastructure investment, and structural transformation in Africa: Evidence from Guinea-Bissau	7
Determinants of connectedness in financial institutions: Evidence from Taiwan	7
Distribution margins and distribution-oriented FDI: Evidence from China	7
Price limits, investor sentiment, and initial public offering underpricing: A quasi-natural experiment based on ChiNext	7
The Nexus among board diversity and bank stability: Implications from gender, nationality and education	6
Corporate digital transformation and idiosyncratic risk: Based on corporate governance perspective	6
Impact of cultural trade on foreign direct investment: Evidence from China	6
Systemic risk, Islamic banks, and the COVID-19 pandemic: An empirical investigation	6
Institutional conditions, economic policy uncertainty and foreign institutional investment in China	6
Impacts of COVID-19 pandemic on corporate cash holdings: Evidence from Korea	6
Borrowing constraints, financial development and the aggregate savings: Theory and evidence	6
Trade sanctions and global value chains: The role of financial development and capital openness in emerging markets	6
Demographic shifts and the strategic use of flexible off-budget debt tools	6
The dark side of Bitcoin: Do Emerging Asian Islamic markets help subdue the ethical risk?	6
Identifying the external and internal drivers of exchange rate volatility in small open economies	5
Political career concerns and bank lending in China	5
Unintended investor sentiment on bank financial products: Evidence from China	5
Financial fraud detection for Chinese listed firms: Does managers' abnormal tone matter?	5
Threshold effects, technology purchasing, and firm outcomes: An absorptive capacity perspective	5
Corporate governance in emerging markets: A selective review and an agenda for future research	5
The spillover effects of China's monetary policy shock: Evidence from B&R countries	5
Retail fund flows and performance: Insights from supervisory data	5
The effect of corporate philanthropy on corporate performance of Chinese family firms: The moderating role of religious atmosphere	5
Do corporate environmental violations affect trade credit? Evidence from China	5
Mixed ownership and firm performance: Evidence from the Chinese venture capital industry	5
Predictability of risk appetite in Turkey: Local versus global factors	5
Economic policy uncertainty, bank deposits, and liability structure	5
What drives portfolio capital inflows into emerging market economies? The role of the Fed's and ECB's balance sheet policies	4
Monetary policy and wage inequality in South Africa	4
Environmental practices, family control, and corporate performance: Evidence from Chinese family firms	4
Editorial Board	4
How far have we come and where should we go after 30+ years of research on Africa's emerging financial markets? A systematic review and a bibliometric network analysis	4
FX-hedging for Latin American investors	4
Household indebtedness, financial frictions and the transmission of monetary policy to consumption: Evidence from China	4
Residual state ownership, foreign ownership and firms' financing patterns	4
Impact of asymmetry on exchange rate determination: The role of fundamentals	4
Political uncertainty and city bank lending in China: Evidence from city government official changes	4
Editorial Board	4
How effective is the cash conversion cycle in improving firm performance? Evidence from BRICS	4
Global contagion of US COVID-19 panic news	4
Evaluation of the space-time effects of Covid-19 on household loans and savings in Romania - A spatial panel data approach at county level	4
Will Southeast Asia be the next global manufacturing hub? A multiway cointegration, causality, and dynamic connectedness analyses	4
Board generational diversity in emerging markets	3
Political capital and physical capital: Substitute or complement? Evidence from China's anti-corruption campaign	3
The intention to use cryptocurrency: A meta-analysis of what we know	3
The impact of the openness of trade and finance on financial development: Evidence from emerging markets	3
Diversification and financialization of non-financial corporations: Evidence from China	3

Can digital finance development improve balanced regional investment allocations in developing countries? — The evidence from China	3
Sectoral credit reallocation: An excessive bank risk-taking explanation	3
Examining the impact of employee-friendly practices on performance volatility in African banks: A textual analysis approach	3
One novel mixed ownership reform and green innovation in private firms: Evidence from China	3
Does the nature of political connection matter for corporate social responsibility engagement? Evidence from China	3
How credit constrained are family-owned SMEs in Arab countries?	3
Early warning system for risk of external liquidity shock in BRICS countries	3
Social capital and cost of debt: Evidence from Chinese CEO network centrality	3
The cyclicality of official bilateral lending: Which cycle do flows follow?	3
Macroprudential policy efficiency in Russia: Assessment for the uncollateralized consumer loans	3
The clarity of monetary policy communication and financial market volatility in developing economies	3
Share pledging and stock price synchronicity: Evidence from China	3
Spillovers and connectedness among BRICS stock markets, cryptocurrencies, and uncertainty: Evidence from the quantile vector autoregression network	3
Unintended consequences: Examining the effects of government digital regulation on corporate fintech innovation in China	3
Does share pledging affect firms' use of derivatives? Evidence from China	3
The real effect of shadow banking regulation: Evidence from China	3
Are Latin American stock markets connected? Exploring spillovers and the impact of risk factors	3
Bank market power and monetary policy transmission: Evidence from loan-level data	3
Liquidity risk in FinTech lending: Early impact of the COVID-19 pandemic on the P2P lending market	3
How fiscal rules can reduce sovereign debt default risk	3
Does foreign demand affect corporate financialization? Some evidence from China	3
The effect of US monetary policy on Russian Banks in a low interest rate environment	3
Government-decentralized power: Measurement and effects	3
Does party organization embeddedness boost corporate environmental performance?	2
Currency risk and the dynamics of German investors entry and exit in Russia	2
Testing technical trading strategies on China's equity ETFs: A skewness perspective	2
Editorial Board	2
Editorial Board	2
Fintech competencies in emerging markets: Cognitive hybrid decision-making approach	2
Where are the fundamental traders? A model application based on the Shanghai Stock Exchange	2
Political control, corporate governance and stock-price crash risk: Evidence from China	2
The Effects of Monetary Policy on Capital Flows: An Emerging Market Survey	2
Determinants of corporate governance practices in Brazil	2
Climate policy and China's external balances	2
Dynamic patterns and the latent community structure of sectoral volatility and jump risk contagion	2
The COVID-19 pandemic and financial markets in Central Europe: Macroeconomic measures and international policy spillovers	2
Insider trading and information asymmetry: Evidence from the Korea Exchange	2
CEO social power, board inclusiveness, and corporate performance after ethnic conflicts	2
Finance dependence and exchange rate pass-through: Empirical evidence from China	2
Salience theory and mutual fund flows: Empirical evidence from China	2
Antiquity, capitalism & development: The finance-growth perspective	2
Bank-affiliated directors' monitoring, earnings management, and financial reporting quality in emerging markets: Evidence from India	2
Ability parity model for optimal fund allocation: Evidence from China's mutual fund markets	2
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	2
Do financial constraints in an unstable emerging economy mitigate the opportunistic behavior of entrenched family owners?	2
Setting up a sovereign wealth fund to reduce currency crises	2
The value of official business group affiliation: Evidence from a change in Korean chaebol designation policy	2
Editorial Board	2
International financial integration and financial stress of emerging market economies: The role of institutional quality	2
Ethical investing and capital structure	2
The effect of expanded audit report on IPO underpricing: Evidence from China	2
Burial objects” or “Birds of a feather”: The contagion effect of financial violations in business groups——The evidence from China	2
National Governance and Corporate Liquidity in Organization of Islamic Cooperation Countries: Evidence based on a Sharia-compliant Liquidity Measure	2