OOIR: Observatory of International Research

Papers

(The TQCC of Financial Innovation is 12. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2021-04-01 to 2025-04-01.)

Article	Citations
Latency arbitrage and the synchronized placement of orders	261
The effects of skewness and kurtosis on production and hedging decisions: a Gram-Charlier expansion approach	231
Return direction forecasting: a conditional autoregressive shape model with beta density	136
Cue the volatility spillover in the cryptocurrency markets during the COVID-19 pandemic: evidence from DCC-GARCH and wavelet analysis	92
Impact of trading hours extensions on foreign exchange volatility: intraday evidence from the Moscow exchange	88
An automated adaptive trading system for enhanced performance of emerging market portfolios	82
An impact assessment of the COVID-19 pandemic on Japanese and US hotel stocks	82
Dynamic spatiotemporal correlation coefficient based on adaptive weight	79
Editor’s introduction	79
To supervise or to self-supervise: a machine learning based comparison on credit supervision	78
Impact of learning through credit and value creation on the efficiency of Japanese commercial banks	75
Investigating the components of fintech ecosystem for distributed energy investments with an integrated quantum spherical decision support system	69
Industry return lead-lag relationships between the US and other major countries	66
The effect of overseas investors on local market efficiency: evidence from the Shanghai/Shenzhen–Hong Kong Stock Connect	64
Triggering economic growth to ensure financial stability: case study of Northern Cyprus	61
Asymmetric relationship between global and national factors and domestic food prices: evidence from Turkey with novel nonlinear approaches	56
The method of residual-based bootstrap averaging of the forecast ensemble	54
Dynamic portfolio choice with uncertain rare-events risk in stock and cryptocurrency markets	54
Relationships among return and liquidity of cryptocurrencies	53
Design of the contingent royalty rate as related to the type of investment	53
Interlinkages across US sectoral returns: time-varying interconnectedness and hedging effectiveness	52
Robust monitoring machine: a machine learning solution for out-of-sample R$$^2$$-hacking in return predictability monitoring	51
Private banking development in China under two organizational structures: Economic analysis from an organizational innovation perspective	51
Exploring Bitcoin dynamics against the backdrop of COVID-19: an investigation of major global events	50
Financial markets implications of the energy transition: carbon content of energy use in listed companies	49

Features of different asset types and extreme risk transmission during the COVID-19 crisis	47
Can ETFs affect U.S. financial stability? A quantile cointegration analysis	47
Managing crash risks through supply chain transparency: evidence from China	46
Tokenomics in the Metaverse: understanding the lead–lag effect among emerging crypto tokens	43
Price dynamics and volatility jumps in bitcoin options	40
Relationship between fintech by Google search and bank stock return: a case study of Vietnam	39
How do emotions affect giving? Examining the effects of textual and facial emotions in charitable crowdfunding	39
From CFOs to crypto: exploratory study unraveling factors in corporate adoption	39
Deep learning for Bitcoin price direction prediction: models and trading strategies empirically compared	38
A probabilistic approach for the valuation of variance swaps under stochastic volatility with jump clustering and regime switching	37
Recent innovation in benchmark rates (BMR): evidence from influential factors on Turkish Lira Overnight Reference Interest Rate with machine learning algorithms	36
Unlocking the diversification benefits of DeFi for ASEAN stock market portfolios: a quantile study	36
The volatility mechanism and intelligent fusion forecast of new energy stock prices	36
Editor’s introduction	34
The function and impact of cryptocurrency and data technology in the context of financial technology: introduction to the issue	34
The role of natural resources in financial expansion: evidence from Central Asia	33
The nexus between the financial development and CO2 emissions: fresh evidence through time–frequency analyses	33
Copula-based trading of cointegrated cryptocurrency Pairs	33
Monetary policy shocks and multi-scale positive and negative bubbles in an emerging country: the case of India	31
Basel III FRTB: data pooling innovation to lower capital charges	30
Non-Value-Added Tax to improve market fairness and quality	30
The dynamics of frequency connectedness between technology ETFs and uncertainty indices under extreme market conditions	30
Spillovers of US unconventional monetary policy: quantitative easing, spreads, and international financial markets	30
COVID-19 pandemic risk and probability of loan default: evidence from marketplace lending market	29
To jump or not to jump: momentum of jumps in crude oil price volatility prediction	29
A theory of very short-time price change: security price drivers in times of high-frequency trading	28
Detecting the lead–lag effect in stock markets: definition, patterns, and investment strategies	28
The social representation of fintech from the perspective of traditional financial sector professionals: evidence from Brazil	28
A socioeconomic approach to the profile of microcredit holders from the Hispanic minority in the USA	27
Probability of informed trading during the COVID-19 pandemic: the case of the Romanian stock market	26
Analysis of financial development and open innovation oriented fintech potential for emerging economies using an integrated decision-making approach of MF-X-DMA and golden cut bipolar q-ROFSs	26
COVID-19 pandemic and the crude oil market risk: hedging options with non-energy financial innovations	25
Does country risk impact the banking sectors’ non-performing loans? Evidence from BRICS emerging economies	25
DeepPricing: pricing convertible bonds based on financial time-series generative adversarial networks	25
A multidimensional review of the cash management problem	25
Financial ambiguity and oil prices	25
Impact of CEO attributes on corporate reputation, financial performance, and corporate sustainable growth: evidence from India	24
CEO political orientation and loan contract	24
Asymmetries in factors influencing non-fungible tokens’ (NFTs) returns	24
A blockchain and internet of things-based information infrastructure for the Chinese automotive sector carbon-credit market	24
Investigation of the relationship between number of tweets and USDTRY exchange rate with wavelet coherence and transfer entropy analysis	24
ICOs conceptual unveiled: scholarly review of an entrepreneurial finance innovation	24
Tracing the ties that bind: navigating the static and dynamic connectedness between NFTs and equity markets in ASEAN based on QVAR-approach	23
A firm-specific Malmquist productivity index model for stochastic data envelopment analysis: an application to commercial banks	22
ESG disagreement and corporate debt maturity: evidence from China	22
Correction to: High frequency multiscale relationships among major cryptocurrencies: portfolio management implications	22
Fintech platforms: Lax or careful borrowers’ screening?	21
The effect of fintech M&As on short-term stock return in the context of macroeconomic environment	21
Are suspicious activity reporting requirements for cryptocurrency exchanges effective?	21
Return and volatility spillovers between non-fungible tokens and conventional currencies: evidence from the TVP-VAR model	21

Introduction to the special issue on Impact of COVID-19 and cryptocurrencies on the global financial market	21
Default or profit scoring credit systems? Evidence from European and US peer-to-peer lending markets	20
Cryptocurrency competition: empirical testing of Hayek’s vision of private monies	20
Complex network analysis of global stock market co-movement during the COVID-19 pandemic based on intraday open-high-low-close data	20
Financial integration and economic growth: impact of renewable energy investments, technology transfer, and climate change on Europe and central Asian economies	20
Asymmetric threshold effects of digitization on inflation in emerging markets	20
Markets in crypto-assets regulation: Does it provide legal certainty and increase adoption of crypto-assets?	20
Fintech, regtech, and financial development: evidence from China	19
Contingent convertible lease modeling and credit risk management	19
A closed-form pricing formula for European options in an illiquid asset market	19
A comprehensive MCDM assessment for economic data: success analysis of maximum normalization, CODAS, and fuzzy approaches	19
Network DEA based on DEA-ratio	18
Speculative bubbles and herding in cryptocurrencies	18
A self-employed taxpayer experimental study on trust, power, and tax compliance in eleven countries	18
Carbon emission trading system and stock price crash risk of heavily polluting listed companies in China: based on analyst coverage mechanism	18
Does the U.S. extreme indicator matter in stock markets? International evidence	17
Nonlinear impact of the coordination of IFDI and OFDI on green total factor productivity in the context of “Dual Circulation”	17
Extreme dependencies and spillovers between gold and stock markets: evidence from MENA countries	17
Mapping the research landscape of blockchain and crowdfunding	16
Market value of R&D, patents, and CEO characteristics	16
Editor’s introduction	16
Impact of green digital finance on sustainable development: evidence from China’s pilot zones	16
Editor’s introduction	16
Editor’s introduction	16
Relationship between green bonds and carbon neutrality: evidence from top five emitting countries’ sectoral CO2 emissions	16
Editor’s introduction	16
A novel fuzzy decision-making approach to pension fund investments in renewable energy	16
Microfinance for change: how financial innovation enables structural transformation	15
Impact of sustainability on financial distress in the air transport industry: the moderating effect of Asia–Pacific	15
Adoption of digital transformation from a firm’s creation to decline: the role of China’s mass entrepreneur and innovation campaign	15
Bitcoin as a financial asset: a survey	15
Long-term effects of institutional quality on financial inclusion in Asia–Pacific countries	15
A fuzzy BWM and MARCOS integrated framework with Heronian function for evaluating cryptocurrency exchanges: a case study of Türkiye	15
Active tokens and crypto-asset valuation	15
Pattern and determinants of tail-risk transmission between cryptocurrency markets: new evidence from recent crisis episodes	14
Net valence analysis of iris recognition technology-based FinTech	14
Asymmetric interactions among cutting-edge technologies and pioneering conventional and Islamic cryptocurrencies: fresh evidence from intra-day-based good and bad volatilities	14
Asymmetric risk contagion effect of the interaction between the real economy and the financial sector—an analysis based on the domestic commodity price index	14
Stock return prediction with multiple measures using neural network models	14
Stock price index analysis of four OPEC members: a Bayesian approach	14
The special issue: “Financial innovation for Emission Trading Scheme”	14
The game of lies by stock investors in social media: a study based on city lockdowns in China	14
Intraday patterns of price clustering in Bitcoin	13
The witching week of herding on bitcoin exchanges	13
Robustifying and simplifying high-dimensional regression with applications to yearly stock return and telematics data	13
Cloud economy and its relationship with China’s economy—a capital market-based approach	13
Combined soft measurement on key indicator parameters of new competitive advantages for China's export	13
Analyzing time–frequency connectedness between cryptocurrencies, stock indices, and benchmark crude oils during the COVID-19 pandemic	13
Stressed portfolio optimization with semiparametric method	13
Take Bitcoin into your portfolio: a novel ensemble portfolio optimization framework for broad commodity assets	13
A Markov regenerative process with recurrence time and its application	13
Google search volume index and investor attention in stock market: a systematic review	13
Are life insurance futures a safe haven during COVID-19?	12
Does communication increase investors’ trading frequency? Evidence from a Chinese social trading platform	12
Credit granting sorting model for financial organizations	12
Trade credit financing for supply chain coordination under financial challenges: a multi-leader–follower game approach	12
Intelligent option portfolio model with perspective of shadow price and risk-free profit	12
Consensus-based multidimensional due diligence of fintech-enhanced green energy investment projects	12
An overview of Fintech applications to solve the puzzle of health care funding: state-of-the-art in medical crowdfunding	12
Intelligent design: stablecoins (in)stability and collateral during market turbulence	12
Publisher Correction: A credit scoring model based on the Myers–Briggs type indicator in online peer-to-peer lending	12
Default rules in investment decision-making: trait anxiety and decision-making styles	12