Research in International Business and Finance

Article	Citations
ESG news and firm value: Evidence from China’s automation of pollution monitoring	391
Digital finance, institutional quality, and air pollution: Evidence from China	303
Editorial Board	172
Has FinTech changed the sensitivity of corporate investment to interest rates?—Evidence from China	149
Factorial asset pricing models using statistical anomalies	139
Performance of ESG-integrated smart beta strategies in Asia-Pacific stock markets	133
The effects of portfolio rebalancing strategies on the performance of global mutual funds	129
Are institutional investors effective monitors in a country where closely held firms predominate? Insights from agency problem-driven dividend payouts	119
ESG leaders and crypto currency market: Asymmetric TVP-VAR connectedness and investment approaches	119
Corporate governance, fraud learning cycles, and financial fraud detection: Evidence from Chinese listed firms	119
Extreme return connectedness among renewable energy and rare earth markets: The role of global factors	108
Related party lending and rural bank risk: Evidence during the Covid-19 period	106
Perceived vs actual financial crisis and bank credit standards: Is there any indication of self-fulfilling prophecy?	106
Monetary policy and currency variance risk premia	104
Are real interest rates a monetary phenomenon? Evidence from 700 years of data	103
Internal control opinion shopping: Does initial audit fee discounting matter?	103
Quantile connectedness between Chinese stock and commodity futures markets	101
The logics of sovereign credit ratings in developed and developing countries	101
Unpacking energy consumption in China's urbanization: Industry development, population growth, and spatial expansion	98
Can non-punitive regulation curb corporate greenwashing?Evidence from a word embedding model	96
The impact of insider-appointment on the fulfillment of M&A performance commitments: Based on the power-responsibility paradox	96
Controlling shareholder’s escape threat: Foreign residency rights and stock price crash risk	94
COVID-19, a blessing in disguise for the Tech sector: Evidence from stock price crash risk	92
Does market microstructure affect time-varying efficiency? Evidence from emerging markets	88
Vulnerability of financial markets in India: The contagious effect of COVID-19	87

Traders’ motivation and hedging pressure in commodity futures markets	84
Asymmetric dynamics between geopolitical conflict sentiment and cryptomarkets	83
Global economic uncertainty and the Chinese stock market: Assessing the impacts of global indicators	82
Credit risk prediction based on loan profit: Evidence from Chinese SMEs	82
Family firms and the cost of borrowing: empirical evidence from East Asia	81
Navigating sustainable finance: Examining the impact of sustainable credit policy on energy consumption intensity	79
EU-27 bank failure prediction with C5.0 decision trees and deep learning neural networks	79
Asset encumbrance in banks: Is systemic risk affected?	78
Emerging market multinationals’ pursuit of strategic assets through cross-border acquisitions	78
ESG reputational risk and market valuation: Evidence from the European banking industry	76
Accounting for digital currencies	76
Impact of the Covid-19 induced panic on the Environmental, Social and Governance leaders equity volatility: A time-frequency analysis	75
Understanding the impact of the financial technology revolution on systemic risk: Evidence from US and EU diversified financials	72
Artificial intelligence, digital transformation and cybersecurity in the banking sector: A multi-stakeholder cognition-driven framework	71
Analyst optimism and market sentiment: Evidence from European corporate sustainability reporters	67
Impact of corporate philanthropy on firm performance: The moderating role of board structure	67
Editorial Board	67
Connectedness and systemic risk between FinTech and traditional financial stocks: Implications for portfolio diversification	67
Are stock markets efficient with respect to the Google search volume index? A robustness check of the literature studies	66
Why do entrepreneurial firms switch lead venture capital? A double-sided matching perspective	65
Bank equity returns and oil prices: The story from U.S. regional banks during the “shale oil” revolution	65
Predicting financial cycles with dynamic ensemble selection frameworks using leading, coincident and lagging indicators	64
Identifying the asymmetric price dynamics of Islamic equities: Implications for international investors	63
Global Stock Markets during Covid-19: Did Rationality Prevail?	61
Market competition and strategic interaction in the Spanish FinTech industry	61
The effects of regulatory mechanism on enterprise carbon reduction policies	61
The effect of the 2008–09 short selling sales ban on UK security equities in relation to market metrics of volatility, liquidity, and price discovery	61
The takeover Tango: Unraveling the impact of state-owned enterprise acquisitions on American competitors	59
Guarantee requirements by European central counterparties and international volatility spillovers	59
Do investors listen? Exploring the effect of investor relationship management on firm-specific stock return variation	58
Influence of social sustainable development goals sentiment on listed companies	58
Sports failures and stock returns between rationality and emotionality: Evidence from the UEFA Champions League	58
Revisiting asset co-movement: Does network topology really matter?	58
Top executives’ great famine experience and stock price crash risk	56
How does climate risk affect corporate financialization?	56
A sparsity algorithm for finding optimal counterfactual explanations: Application to corporate credit rating	56
Volatility transmission in the property market during two inflationary periods: The 2008–2009 global financial crisis and the COVID-19 crisis	56
Precious metals and currency markets during the Russia-Ukraine conflict’s inflationary periods	56
Can CFOs improve enterprise loan bargaining power? An empirical analysis based on CFO characteristics	56
Trade credit financing, social trust, and financial distress: Evidence from Chinese listed companies	55
Dynamic risk and hedging strategies in post-COVID digital asset sectors	54
Does common ownership affect stock price synchronicity?	54
Analysing and forecasting co-movement between innovative and traditional financial assets based on complex network and machine learning	53
Nurturing finance and harvesting intelligence: The green growth of urban industrial intelligence fueled by green finance	53
How do Chinese urban investment bonds affect its economic resilience? Evidence from double machine learning	53
Does Confucian culture affect shadow banking activities? Evidence from Chinese listed companies	53
Political uncertainty, innovation-driven strategy, and corporate R&D	53
Central Bank Digital Currencies: Agendas for future research	52
Institutional investors, heterogeneity, and capital structure decisions: Evidence from an emerging market	52
FinTech and unemployment: New evidence on the role of labor market regulation	51

Financial inclusion, digital technology, and economic growth: Further evidence	51
Military experience and sustainable development goal disclosure	51
The digital economy and entrepreneurial dynamics: An empirical analysis of urban regions in China	51
Entrepreneurship in the digital era	51
Market response to environmental social and governance performance: A global analysis	51
The impact of environmental protection fee-to-tax reform on differentiated environmental management behavior of firms	50
Intrafirm inventor network integration and cross-sectional stock returns	50
Can big data inhibit earnings management in corporations? — An analysis based on national big data comprehensive pilot zones	50
Mutual fund herding and audit pricing	49
Share pledging of controlling shareholders and corporate social responsibility disclosure	49
Genetic distance and cross-border M&A completion: Evidence from Chinese firms	49
China’s secondary privatization and corporate investment efficiency	49
Editorial Board	49
Female political leaders and R&D investment	49
Green finance and green innovation: the Moderating role of ESG and synergies with inclusive finance	49
Futures markets and the baltic dry index: A prediction study based on deep learning	48
Are base layer blockchains establishing a new sector? Evidence from a connectedness approach	48
Corporate social responsibility and dynamic liquidity management	47
Day-night anomaly returns in China: The role of institutions	47
Demographic structure and SME credit availability: Rethinking SME finance amid unprecedented demographic transformations	47
Peer effects in corporate advertisement expenditure: Evidence from China	47
Firms’ perceived trade policy uncertainty and management’s disclosure strategies: Evidence from financial statement comparability	47
The impact of green public finance and green taxes on environmental and non-environmental innovation	46
Network structure, dynamic evolution and block characteristics of sovereign debt risk: The global evidence	46
Sequential management of energy and low-carbon portfolios	46
The effect of ESG performance on value creation of strategic alliances	45
Extraction of characteristic information from financial super-long texts and prediction of corporate violations	45
Towards the estimation of ESG ratings: A machine learning approach using balance sheet ratios	44
What determines interest rates for bitcoin lending?	44
Synthetic data generation with deep generative models to enhance predictive tasks in trading strategies	43
The impact of economic uncertainty on corporate ESG performance: Global evidence	42
Earnings management and internal governance mechanisms: The role of religiosity	42
Decentralized autonomous organizations: The new global digital venture capital	42
How can firms' transition to a low-carbon economy affect the distance to default?	42
Imported financial risk in global stock markets: Evidence from the interconnected network	42
Payout policy and ESG: A European investigation	42
Digital transformation and trade credit provision: Evidence from China	41
CEO narcissism and ESG misconduct	41
Five decades of research on capital budgeting – A systematic review and future research agenda	41
Does Supply Chain Finance (SCF) alleviate funding constraints of SMEs? Evidence from China	40
Effect of twitter investor engagement on cryptocurrencies during the COVID-19 pandemic	40
Linkage dynamics of sovereign credit risk and financial markets: A bibliometric analysis	40
Is gold still a safe haven for stock markets? New insights through the tail thickness of portfolio return distributions	40
Institutional investor information network, analyst forecasting and stock price crash risk	40
Does data asset disclosure contribute to the market efficiency? Evidence from China	39
Registration reform and stock mispricing: Causal inference based on double machine learning	39
Interconnectedness in the FOREX market during the high inflation regime: A network analysis	39
Combination of antecedent conditions affecting the development of Chinese new energy market based on fuzzy sets	38
An evolutionary analysis of the diffusion of low-carbon technology innovation in supply networks	38
Overconfident male CEOs and corporate outcomes: The moderating role of female CFOs	38
Banking sector reactions to COVID-19: The role of bank-specific factors and government policy responses	38
Investment efficiency under financial constraints: The role of CEO power	38
How do women directors ensure corporate ethics? The role of board tenure	38
Impact of COVID-19 on stock market efficiency: Evidence from developed countries	38
Exploring the nexus between sustainable energy tokens, electric vehicles, and the hydrogen economy	38
Uncovering patterns of fintech behavior in Italian banks: A multidimensional statistical analysis	38
Product line transformation, foreign sales, and firm value: Evidence from COVID-19 pandemic governance in urban China	37
Do conventional and new energy stock markets herd differently? Evidence from China	37
Environmental stocks, CEO health risk and COVID-19	37
Is soft information substitutive or complementary to hard news for investor attention? Evidence from corporate advertising in Japan	37
Price limits, investor asset allocation, and price volatility: Evidence from China’s registration-based IPO reform	37
Influence of share pledging on corporate social responsibility: Evidence from India	37
Unleashing stock volatility and its implications for stock crash risk: Evidence from China’s price limit policies	37
A tale of two revolutions: Environmental, social, and governance performance and dividend policy in Egyptian-listed companies during unstable times	37
Firm-level political risk and CEO compensation	37
Internationalization and donations allocated to domestic market: Evidence from emerging market SMEs	37
Does government ownership influence the dividend payments of European banks?	36
Portfolio insurance strategy in the cryptocurrency market	36
The performance of green bond portfolios under climate uncertainty: A comparative analysis with conventional and black bond portfolios	36
Corporate bond defaults and spillover effects on bank risk: Evidence from city commercial banks in China	36
Effects of family ownership and family management on the performance of entrepreneurial firms	36
Is oil risk important for commodity-related currency returns?	36
The geographic distance of independent directors and stock price crash risk: Evidence from China	36
The impact of personality traits on attitude to financial risk	35
Decomposition of social networks and household purchase of insurance as knowledge products	35
How does macroeconomic uncertainty influence energy futures?: Evidence from extraordinary events	35
The intraday dynamics and intraday price discovery of bitcoin	35
Weathering the COVID-19 storm: The case of community banks	34
Climate risk and banking stability in China: A dynamic analysis from the short- and long-term perspectives	34
Reporting quality and financial leverage: Are qualitative characteristics or earnings quality more important? Evidence from an emerging bank-based economy	34

Does utilizing smart contracts induce a financial connectedness between Ethereum and non-fungible tokens?	34
Multilayer network analysis of investor sentiment and stock returns	34
A Support Vector Machine model for classification of efficiency: An application to M&A	33
How does intellectual property protection in the host country affect outward foreign direct investment?	33
Does firm environmental performance mitigate the market reaction to COVID-19 uncertainty?	33
The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development	33
Infectious disease equity market volatility, geopolitical risk, speculation, and commodity returns: Comparative analysis of five epidemic outbreaks	33
Local government debt and firm productivity: Evidence from China	33
The fintech revolution: Exploring the potential of fintech finance in reducing corporate credit constraints	33
The historic oil price fluctuation during the Covid-19 pandemic: What are the causes?	33
Does digital finance aggravate bank competition? Evidence from China	33
Asymmetry in returns and volatility between green financial assets, sustainable investments, clean energy, and international stock markets	32
Does ESG information disclosure increase firm value? The mediation role of financing constraints in China	32
Changes in supply chain relationships and the enterprise internationalization process	32
Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China	32
How do FinTech companies contribute to the achievement of SDGs? Insights from case studies	32
Corporate ESG performance and credit misallocation: Evidence from China	32
Dancing with dragon: The RMB and developing economies’ currencies	31
Zero-leverage and firm performance – Evidence from Taiwan	31
The impact of European firms’ emissions reduction effectiveness on financial constraints: Evidence from the quintuple helix model perspective	31
Banks’ interconnections and peer effects: Evidence from Chile	31
Mutual fund flows and returns dynamics: Investor preferences and performance persistence	31
ESG reactions to fintech: The role of cross-border capital flows	31
Uncertainty or investor attention: Which has more impact on Bitcoin volatility?	30
Web search volume acceleration and cross-sectional returns	30
Strategic fit of potential M&As between dual banks and conventional banks: Does Islamic banking matter?	30
The influence of institutional void and socio-cultural factors on the internationalization of emerging multinationals	30
Chinese jigsaw: Solving the equity market response to the COVID-19 crisis: Do alternative asset provide effective hedging performance?	30
How do industry tournament incentives affect firm debt maturity?	30
The impact of debt: International versus local debt in microfinance organizations	30
Resolving agency and product market views of cash holdings	30
Large scale mean-variance strategies in the U.S. stock market	30
Three channels of monetary policy international transmission: Identifying spillover effects from the US to China	29
Global trends and insights into cryptocurrency-related financial crime	29
Artificial intelligence and green innovation: Investigating the effects of executive pay and firm age	29
Debt Issues around Mergers & Acquisitions	29
Redefining insurance through technology: Achievements and perspectives in Insurtech	29
“Volatility in a Mug Cup”: Spillovers among cocoa, coffee, sugar futures and the role of climate policy risk	29
When stock price crash risk meets fundamentals	29
ESG disclosure and investment-financing maturity mismatch: Evidence from China	28
Interpretable selective learning in credit risk	28
Harnessing digital finance for sustainability: An integrative review and research agenda	28
Dynamic interlinkages between carbon risk and volatility of green and renewable energy: A TVP-VAR analysis	28
Social trust and the demand for audit quality	28
The impact of environmental, social, and governance (ESG) practices on investment efficiency in China: Does digital transformation matter?	28
Financial inclusion and income inequality in developing countries: The role of aging populations	28
Does passive ownership affect corporate governance? Evidence from the Bank of Japan’s ETF purchasing program	28
Impact of environmental, social and governance initiatives on firm value: Analysis using AI-based ESG scores for Japanese listed firms	28
The heterogeneity of innovation, government R&D support and enterprise innovation performance	28
Forecasting aggregate stock market volatility with industry volatilities: The role of spillover index	27
Corporate misconduct and innovation: Evidence from the pharmaceutical industry	27
Estimating time-varying factors’ variance in the string-term structure model with stochastic volatility	27
The effect of downstream expansion on upstream employment: Quasi-natural experimental evidence from China’s Accelerated Depreciation Policy	27
Determinants of credit spreads and cash flow-related lending in commercial real estate	27
Digital payments and GDP growth: A behavioural quantitative analysis	27
Potential diversification benefits: A comparative study of Islamic and conventional stock market indexes	27
Price effects after one-day abnormal returns and crises in the stock markets	27
An asymmetrical approach to understanding consumer characteristics in banking trust during the COVID-19 pandemic in Italy	27
Does financial inclusion affect corporate risk-taking?	27
How does the geographic concentration of institutional investors affect corporate risk? Evidence from China	27
Forecasting gold volatility with geopolitical risk indices	27
Editorial Board	27
Hedging climate risk: The role of green energy exchange-traded funds	27
Policy uncertainty and overseas property purchases: Evidence from China	27
Cryptocurrencies and financial market stability: Theoretical modeling and empirical evidence of spillover effects from sequential attention cycles of crypto investors	27
The importance of owner loans for rebalancing the capital structure of small knowledge-intensive service firms	27
The audit committee’s IT expertise and its impact on the disclosure of cybersecurity risk	26
Network centrality, style drift, and mutual fund performance	26
Can a self-exciting jump structure better capture the jump behavior of cryptocurrencies? A comparative analysis with the S&P 500	26
Policy uncertainty, the use of derivatives: Evidence from U.S. bank holdingcompanies (BHCs)	26
The determinants and consequences of tax avoidance: A psychological contract perspective	26
Measuring the evolution of competition and the impact of the financial reform in the Mexican banking sector, 2008–2019	26
Culture, financial literacy, and leverage of small firms	26
Editorial Board	26
How well do investor sentiment and ensemble learning predict Bitcoin prices?	26
Convergence or divergence? The impact of common institutional ownership on firms’ innovation trajectories	25
The impact of economic policy uncertainty and digital integration on ESG practices in European companies	25
Free riding or participation in governance: Minority shareholders’ online voting and corporate responsiveness	25
Multiscale information network among fossil energy, renewable energy and ESG investment under the Russo-Ukrainian conflict	25
Do north–south cultural differences affect share repurchases?—Evidence from China	25
Anatomy of money-losing IPOs	25
Emission trading policy and firm-level carbon disclosure in China: Unveiling the potential of market-based environmental regulation	24
The impact of digital transformation on the servitization transformation of manufacturing firms	24
Anticipatory gains and event-driven losses in blockchain-based fan tokens: Evidence from the FIFA World Cup	24
Retail investors matter: The value of corporate interactions	24
Signaling vs. agency theory: What drives dividends of promoter-owned firms during a crisis?	24
Shadow banking, macroprudential policy and banks’ systemic risk	24
Research on the accelerating effect of green finance on the transformation of energy consumption in China	24
How does international capital flows drive green technological innovation in emerging and developed markets?	24
Capture the contagion network of bitcoin – Evidence from pre and mid COVID-19	24
The dichotomy of corporate litigation risk in shaping ESG disclosure: Does green innovation matter?	24
Does global climate risk encourage companies to take more risks?	24
Towards more inclusive finance: Exploring the mystery of low carbon green technological innovation	23
Finance and sales growth at the firms level in Iran: Does type of spending matter?	23
How do climate risks affect corporate ESG performance? Micro evidence from China	23