OOIR: Observatory of International Research

Papers

(The TQCC of Journal of Financial and Quantitative Analysis is 6. 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 2020-03-01 to 2024-03-01.)

Article	Citations
Climate Change News Risk and Corporate Bond Returns	161
The Role of Corporate Culture in Bad Times: Evidence from the COVID-19 Pandemic	103
Flattening the Illiquidity Curve: Retail Trading During the COVID-19 Lockdown	99
Shadow Banking in a Crisis: Evidence from Fintech During COVID-19	74
Does Political Corruption Impede Firm Innovation? Evidence from the United States	70
Investor Attention and Stock Returns	70
Social Transmission Bias and Investor Behavior	68
Board Reforms and Dividend Policy: International Evidence	60
The Effects of Cultural Values on Bank Failures around the World	57
Corporate Innovation: Do Diverse Boards Help?	50
Who Supplies PPP Loans (and Does It Matter)? Banks, Relationships, and the COVID Crisis	49
FinTechs and the Market for Financial Analysis	49
Stakeholder Orientation and the Cost of Debt: Evidence from State-Level Adoption of Constituency Statutes	47
The Macroeconomic Uncertainty Premium in the Corporate Bond Market	47
Fiscal Deficits, Bank Credit Risk, and Loan-Loss Provisions	46
Algorithmic Trading and Market Quality: International Evidence	42
Why Do Mutual Funds Hold Lottery Stocks?	41
The COVID-19 Pandemic and Corporate Dividend Policy	40
Social Capital, Trusting, and Trustworthiness: Evidence from Peer-to-Peer Lending	36
Dynamic Liquidity Management by Corporate Bond Mutual Funds	35
The Spillover Effects of Hurricane Katrina on Corporate Bonds and the Choice Between Bank and Bond Financing	34
Minimum Wage and Corporate Investment: Evidence from Manufacturing Firms in China	33
Do Social Connections Mitigate Hold-up and Facilitate Cooperation? Evidence from Supply Chain Relationships	33
Local, Regional, or Global Asset Pricing?	32
The Exploratory Mindset and Corporate Innovation	32

More Cash, Less Innovation: The Effect of the American Jobs Creation Act on Patent Value	29
Emerging Markets Are Catching Up: Economic or Financial Integration?	29
Trading in Fragmented Markets	29
Risk-Neutral Skewness, Informed Trading, and the Cross Section of Stock Returns	27
The Geography of Information Acquisition	25
Misvaluation and Corporate Inventiveness	24
Searching for Gambles: Gambling Sentiment and Stock Market Outcomes	23
Do Analysts and Their Employers Value Access to Management? Evidence from Earnings Conference Call Participation	21
RQ Innovative Efficiency and Firm Value	21
Public Attention to Gender Equality and Board Gender Diversity	21
Benchmark Discrepancies and Mutual Fund Performance Evaluation	20
The Capital Structure Puzzle: What Are We Missing?	20
Venture Capitalists and COVID-19	19
Order-Flow Segmentation, Liquidity, and Price Discovery: The Role of Latency Delays	19
How Does Forced-CEO-Turnover Experience Affect Directors?	18
Zeroing In on the Expected Returns of Anomalies	18
ESG Preference, Institutional Trading, and Stock Return Patterns	18
Hometown Lending	18
Sustainability Preferences Under Stress: Evidence from COVID-19	18
Tri-Party Repo Pricing	18
Where Does the Predictability from Sorting on Returns of Economically Linked Firms Come From?	17
Global Board Reforms and the Pricing of IPOs	17
Common Analysts: Method for Defining Peer Firms	17
Buying the Vote? The Economics of Electoral Politics and Small-Business Loans	17
Exporting Uncertainty: The Impact of Brexit on Corporate America	16
Initial Public Offerings Chinese Style	16
Gender Gaps in Venture Capital Performance	16
How Does Human Capital Matter? Evidence from Venture Capital	16
Shareholder Litigation and Corporate Social Responsibility	16
Governance Changes through Shareholder Initiatives: The Case of Proxy Access	15
Flooded Through the Back Door: The Role of Bank Capital in Local Shock Spillovers	14
Option-Based Estimation of the Price of Coskewness and Cokurtosis Risk	14
Words Matter: The Role of Readability, Tone, and Deception Cues in Online Credit Markets	14
Litigation Risk Management Through Corporate Payout Policy	14
Cultivating Self-Control in FinTech: Evidence from a Field Experiment on Online Consumer Borrowing	13
Competition and R&D Financing: Evidence From the Biopharmaceutical Industry	13
Does Government Spending Crowd Out R&D Investment? Evidence from Government-Dependent Firms and Their Peers	13
Machine Learning and the Stock Market	13
Informed Trading in the Stock Market and Option-Price Discovery	13
The Puzzle of Frequent and Large Issues of Debt and Equity	12
Does Board Independence Increase Firm Value? Evidence from Closed-End Funds	12
A Global Macroeconomic Risk Model for Value, Momentum, and Other Asset Classes	12
The COVID-19 Crisis and the Allocation of Capital	12
Small-Business Survival Capabilities and Fiscal Programs: Evidence from Oakland	12
Political Uncertainty and Household Stock Market Participation	11
The Dark Side of Executive Compensation Duration: Evidence from Mergers and Acquisitions	11
Expert Advice: Industry Expertise of M&A Advisors and Acquirer Shareholder Returns	11
The Bond-Pricing Implications of Rating-Based Capital Requirements	11
Better Kept in the Dark? Portfolio Disclosure and Agency Problems in Mutual Funds	11
Is Carbon Risk Priced in the Cross Section of Corporate Bond Returns?	11

Debtholder Monitoring Incentives and Bank Earnings Opacity	11
Dynamics of Arbitrage	11
Maturity Driven Mispricing of Options	10
How Does Acquisition Experience Affect Managerial Career Outcomes?	10
Does Securitization Weaken Screening Incentives?	10
Pricing Liquidity Risk with Heterogeneous Investment Horizons	10
Internal Labor Markets, Wage Convergence, and Investment	10
Do Firms Purposefully Change Capital Structure? Evidence from an Investment-Opportunity Shock to Drug Firms	10
Granularity of Corporate Debt	10
Speculation Sentiment	10
Retail Attention, Institutional Attention	10
Vertical and Horizontal Agency Problems in Private Firms: Ownership Structure and Operating Performance	9
Measuring Firm Complexity	9
Institutional Debtholder Governance	9
Natural Disaster Effects on Popular Sentiment Toward Finance	9
Naïve Style-Level Feedback Trading in Passive Funds	9
Crowding and Tail Risk in Momentum Returns	9
Inferring Stock Duration Around FOMC Surprises: Estimates and Implications	9
Lender Forbearance	9
How Does Past Experience Impact Hedge Fund Activism?	9
Proactive Capital Structure Adjustments: Evidence from Corporate Filings	8
Creditor Rights and Bank Loan Losses	8
Selection Bias in Mutual Fund Fire Sales	8
Do Private Equity Managers Have Superior Information on Public Markets?	8
Gender, Credit, and Firm Outcomes	8
Alternative Work Arrangements and Cost of Equity: Evidence from a Quasi-Natural Experiment	8
Government Employment Guarantee, Labor Supply, and Firms’ Reaction: Evidence from the Largest Public Workfare Program in the World	8
Deposit-Lending Synergies: Evidence from Chinese Students at U.S. Universities	8
Media Partisanship and Fundamental Corporate Decisions	8
Housing Wealth as Precautionary Saving: Evidence from Urban China	8
Do Cross-Sectional Predictors Contain Systematic Information?	8
Liability Structure and Risk Taking: Evidence from the Money Market Fund Industry	8
Shareholder Litigation Risk and Firms’ Choice of External Growth	8
Corporate R&D and Stock Returns: International Evidence	8
The Economics of Supranational Bank Supervision	8
Hot-Stove Effects: The Impact of CEO Past Corporate Experiences on Dividend Policy	8
Moment Risk Premia and Stock Return Predictability	8
Deleting Unreported Innovation	8
Does Financial Market Structure Affect the Cost of Raising Capital?	7
The Informational Role of Ownership Networks in Bank Lending	7
Do Capital Requirements Make Banks Safer? Evidence From a Quasinatural Experiment	7
Do (Should) Brokers Route Limit Orders to Options Exchanges That Purchase Order Flow?	7
Where Do Shareholder Gains in Hedge Fund Activism Come From? Evidence From Employee Pension Plans	7
Do Alpha Males Deliver Alpha? Facial Width-to-Height Ratio and Hedge Funds	7
Will I Get Paid? Employee Stock Options and Mergers and Acquisitions	7
Why Did the Investment–Cash Flow Sensitivity Decline over Time?	7
Actively Keeping Secrets From Creditors: Evidence From the Uniform Trade Secrets Act	7
Economic Policy Uncertainty and Self-Control: Evidence from Unhealthy Choices	7
Options Trading and Stock Price Informativeness	7
The Impact of Stronger Shareholder Control on Bondholders	7
Dividend Smoothing and Firm Valuation	6
Skin in the Game: Operating Growth, Firm Performance, and Future Stock Returns	6
Do FinTech Mortgage Lenders Fill the Credit Gap? Evidence from Natural Disasters	6
Active Technological Similarity and Mutual Fund Performance	6
Do Funding Conditions Explain the Relation Between Cash Holdings and Stock Returns?	6
The Digital Credit Divide: Marketplace Lending and Entrepreneurship	6
Does CEO Succession Planning (Disclosure) Create Shareholder Value?	6
Funding Liquidity Risk and the Dynamics of Hedge Fund Lockups	6
Resolving a Paradox: Retail Trades Positively Predict Returns but Are Not Profitable	6
Short-Selling Equity Exchange Traded Funds and Its Effect on Stock Market Liquidity	6
Cash Holdings, Capital Structure, and Financing Risk	6
Maturity Clienteles and Corporate Bond Maturities	6
Publicizing Arbitrage	6