Borsa Istanbul Review

Papers
(The TQCC of Borsa Istanbul Review 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 2021-08-01 to 2025-08-01.)
ArticleCitations
Sweetness by the pound: Sugar and currency correlations in pre-Brexit UK prices420
Does cross-listing on the Hong Kong stock exchange affect Chinese firms’ green innovation? New evidence327
Does the trading volume of asset management companies’ bonds contain information on non-performing loans?237
Dimensions of global financial inclusion and their impact on the achievement of the United Nations Development Goals166
Network readiness, financial inclusion, and sustainable development goals: Insights from a clustering approach131
The GCC's regional roller coaster: Do regional factors affect stock market dynamics in the GCC Region? Evidence from non-parametric quantile regression125
Decoding digital signals: AI sentiment and financial performance at islamic banks122
Quantile-based extended joint connectedness between trade policy uncertainty and GCC Islamic stock sectoral volatility110
The impact of religious announcements on stock prices and investment decisions on the Saudi stock exchange97
How does environmental, social, and governance (ESG) performance determine investment mix? New empirical evidence from BRICS96
Financial literacy and decision-making: The impact of knowledge gaps on financial outcomes93
ESG, dividend payout policy and the moderating role of audit quality: Empirical evidence from Western Europe84
Hedging Bitcoin with conventional assets82
Does the islamic label indicate good environmental, social, and governance (ESG) performance? Evidence from sharia-compliant firms in Indonesia and Malaysia74
Idiosyncratic risk puzzle and its pricing: Do firm characteristics matter? Evidence of BRICS countries72
Factors affecting the credibility of islamic banking Sharī’ah approvals: Perception-based empirical study71
Antigambling interventions and corporate financialization: Evidence from China70
A feasible approach to projecting household demand for the digital ruble in Russia70
Shadow banking Regulation and the stock price synchronicity --A quasi-natural experiment based on China's new asset management regulation65
Family businesses in the GCC: What drives their capital structure?62
How investor attention affects stock returns? Some international evidence59
A novel distance-based moving average model for improvement in the predictive accuracy of financial time series57
Connected but fragile: Fund-to-fund holdings and redemptions53
Analysis of the response of exchange rates to specific FOMC announcements using high-frequency data48
Editorial Board48
The relationship between long-term portfolio investments and growth in the context of asset characteristics and development level47
Democracy and corporate R&D investment46
The impact of control structures on firm value45
Sustainability performance and board compensation in Japan and ASEAN-5 countries44
The relative importance of textual indexes in predicting the future performance of banks: A connection weight approach43
Do private placements exacerbate the degree of asset mispricing? A study based on theories of information asymmetry and signaling43
Impact of investor sentiment on firm innovation: Evidence from textual analysis42
Does ownership concentration affect corporate environmental responsibility engagement? The mediating role of corporate leverage40
Inverted U-shaped dynamics of capital structure and firm value: Evidence from an emerging market40
The relationship between employee experience and employee engagement with the moderating role of positive affect in finance sector40
The spillover effects of political risk, financial risk, and economic freedom on ecological footprint: Empirical evidence from Belt and Road Initiative countries38
Unveiling the link between female directors’ attributes, ownership concentration, and integrated reporting strategy in Malaysia38
Constructing an index for participation finance36
Multidimensional connectedness among the fourth industrial revolution assets36
ESG practices and corporate financial performance: Evidence from Borsa Istanbul35
The role of green finance in reducing CO2 emissions: An empirical analysis33
Connectedness and investment strategies of volatile assets: DCC-GARCH R2 analysis ofcryptocurrencies and emerging market sectors33
Tick size, liquid stocks and market quality: Evidence from a natural experiment in a unique setting32
Revisiting the macroeconomic determinants of non-performing loans with a deep learning technique with causal inference: Evidence from Türkiye31
Asymmetric volatility transmission across Northeast Asian stock markets31
Corporate ESG performance and trade credit financing: Moderating effect of life cycle30
The impacts of conventional and Islamic banking sectors on real sector growth: Evidence from time-varying causality analysis for Turkiye28
Board gender diversity and debt utilization: Evidence from the global microfinance industry28
Information shocks and the cross section of expected returns28
Does stock market listing boost or impede corporate investment?28
Analysis of the relationship of gold prices with inflation and bitcoin in the post-tapering period27
Do precious metals hedge against global supply chain uncertainty?27
Financial stability of Asian Nations: Governance quality and financial inclusion27
Regulating CEO compensation: A remedy for corporate misconducts in China's state-owned enterprises26
To reward or not to reward? Investors’ response to renewable energy investment by international oil companies26
Editorial Board26
Does FinTech penetration drive financial development? Evidence from panel analysis of emerging and developing economies25
Unveiling the dynamic interconnectedness of fossil fuels, clean energy, water, and technology assets25
Does the financialization of agricultural commodities impact food security? An empirical investigation25
Assessing financial convergence in developing countries: The case of D-8 countries24
Trustworthiness, good governance and risk taking in MENA countries24
Rapid credit expansion and firm behavior: A case study from Türkiye24
The impact of women's empowerment and access to finance on greenhouse gas emissions: A framework for securing environmental tranquility24
Exchange rate regimes as thresholds: The main determinants of capital inflows in emerging market economies24
Classification of the optimal rebalancing frequency for pairs trading using machine learning techniques24
Financial literacy, stockholding, and self-directed pension investment24
Navigating turbulence: How do geopolitical risks and oil price shocks shape global equity markets? A GVAR approach23
Voluntary carbon market derivatives: Growth, innovation & usage23
Gauging the dynamic interlinkage among robotics, artificial intelligence, and green crypto investment: A quantile VAR approach23
Financial conditions and economic activity: The case of Türkiye22
Editorial Board22
On systemic risk contagion in the euro area: Evidence from frequency connectedness and the DY approaches22
The benefits of sectoral diversification for investors with different risk perceptions21
The financial stability of Islamic banks and sukuk market development: Is the effect complementary or competitive?21
Sukuk versus bonds: New evidence from the primary market21
Does climate change affect sovereign credit risk? International evidence21
Effect of analysts' earnings pressure on environmental information disclosure of firms: Can corporate governance alleviate the earnings obsession?20
Does foreign finance promote the production and consumption of renewable energy in developing countries? The role of globalization20
House price connectedness and consumer sentiment in an era of destabilizing macroeconomic conditions: Empirical evidence from Türkiye20
Threshold effects of institutional quality on the financial inclusion and stability nexus: International evidence19
If Money Talks: Climate change-related regulation and firms’ cost of debt19
Contribution to the measurement of digital financial inclusion in Sub-Saharan Africa18
Corrigendum to immigrants and natives “Financial decision making: Evidence from Türkiye [Borsa Istanbul Review 23-S2 (2023) S29–S37/4]18
Confucian culture and informal household financing: Evidence from China's counties18
Relationship between monetary policy and financial asset returns in Türkiye: Time, frequency, and quantile-based effects18
Do subsidized export credits affect firms’ behavior in the FX market? Micro evidence from Türkiye18
From Brown to green: Exploring asymmetric nexus between green finance and carbon footprint in BRICS+6 alliance18
The role of corporate governance in the nexus between litigation risk and corporate innovation17
Geopolitical risks and the energy-stock market nexus: Evidence from Turkiye17
Investor psychology in the stock market: An empirical study of the impact of overconfidence on firm valuation17
AI-Driven Insights into Working Capital Strategies: An Application on Borsa Istanbul*17
Can common institutional ownership constrain the equity pledges of controlling shareholders? Evidence from Chinese listed companies16
The capital maintenance regime matters for creditors16
International financial integration: Too much?16
Evolving roles of energy futures markets: A survey16
A sentiment-based financial stress index for Russia16
Market- and future-level sentiment and futures returns in Chinese agricultural futures markets16
Is ESG investing an ‘equity vaccine’ in times of crisis? Evidence from the 2020 Wuhan Lockdown and the 2022 Shanghai Lockdown16
Correlated information consumption and comovement in the stock market16
Do non-profit minority institutional shareholders influence cash dividends? Empirical evidence from quasi-natural experiments in China16
Asset securitization and bank stock price performance: Bubble increase or risk transfer?15
A new model for screening Shariah-compliant firms15
US political sanctions and earnings management15
The impact of non-financial disclosure on labor investment: International evidence15
The agency cost of investing in ethical funds: A style analysis approach15
China's trilemma: Exchange rate marketization, RMB internationalization, and exchange rate pricing power15
Corporate growth – Trade credit relationship: Evidence from a panel of countries15
Does financial liberalization spur economic growth? A meta-analysis15
The determinants of financial risk tolerance and portfolio allocation: Have the Covid-19 pandemic and the Ukraine war affected our risk tolerance?15
The crisis resilience of optimal participation portfolios: A comparison with conventional counterparts on Borsa Istanbul15
Guest Editors’ introduction: Borsa Istanbul history (1836–2023) and an overview of selected papers on the 150th anniversary of the founding of Borsa Istanbul14
Firm-specific or market-wide information: How does analyst coverage influence stock price synchronicity?14
Air pollution, bid price bias, and IPO underpricing14
Finance for a Greener future: Evolving the financial sector for ESG and sustainable corporate debt management14
Spillovers between Twitter Uncertainty Indexes and sector indexes: Evidence from the US13
Can ESG mitigate the diversification discount in cross-border M&A?13
Does a search attention index explain portfolio returns in India?13
Using quantum spherical fuzzy decision support system as a novel sustainability index approach for analyzing industries listed in the stock exchange13
More than just sentiment: Using social, cognitive, and behavioral information of social media to predict stock markets with artificial intelligence and big data13
Term premium in Turkish lira interest rates: The role of foreign investors’ share13
COVID-19 and connectedness between Sustainable and Islamic equity markets13
Board social capital in an emerging market: Do directors’ connections affect corporate risk-taking?12
The efficacy of green finance for environmental sustainability: Does control of corruption makes a difference?12
Indirect effects of flow-performance sensitivity on fund performance12
Oil shocks and the transmission of higher-moment information in US industry: Evidence from an asymmetric puzzle12
Does air pollution matter in a supplier's trade credit strategy? Evidence from an emerging market12
Analyzing the impact of eco-friendly bonds on economic growth and environmental sustainability12
Oil assets and portfolio diversification: Firm-level analysis for Borsa Istanbul12
How do loan officer-borrower gender-driven behavioural differences impact on the microfinance lending market?12
The relationship between global wealth and happiness: An analytical study of returns and volatility spillovers12
Crash risk and ESG disclosure12
Exploring the sentiment in Borsa Istanbul with deep learning12
Bank market power and discouraged SMEs: International evidence12
Fueling the bottom line: Decoding the effects of oil on banking performance in net oil-importing economies12
Option-based variables and future stock returns in normal times and recessions12
Why companies go public and private: The case of Türkiye12
Safe-haven and hedging roles of precious metals for BRICS and Turkey12
Impact of ESG performance on firm value and profitability12
Do ex-bureaucrats on boards improve efficiency in intellectual capital? Evidence from an emerging country12
0.025732040405273