Research in International Business and Finance

Article	Citations
Extreme return connectedness among renewable energy and rare earth markets: The role of global factors	467
Editorial Board	357
Are real interest rates a monetary phenomenon? Evidence from 700 years of data	193
Related party lending and rural bank risk: Evidence during the Covid-19 period	192
Monetary policy and currency variance risk premia	163
The logics of sovereign credit ratings in developed and developing countries	161
Controlling shareholder’s escape threat: Foreign residency rights and stock price crash risk	152
Bubbles, crashes, and financial market contagion: Evidence from G7 economies	144
COVID-19, a blessing in disguise for the Tech sector: Evidence from stock price crash risk	139
Corrigendum to “Carbon pricing and sovereign credit risk: A threshold analysis of policy design and economic structure for climate-fiscal resilience” [Res. Int. Bus. Financ. 81 (2025) 103197]	135
U.S.–China relations and cross-border capital flows: Is digital technology a “Buffer” or a “Booster”?	131
Internal control opinion shopping: Does initial audit fee discounting matter?	129
Corporate venture capital and firm productivity: Evidence from China	116
Carbon emissions and discontinued operations	115
Asymmetric dynamics between geopolitical conflict sentiment and cryptomarkets	111
The impact of insider-appointment on the fulfillment of M&A performance commitments: Based on the power-responsibility paradox	110
Are institutional investors effective monitors in a country where closely held firms predominate? Insights from agency problem-driven dividend payouts	109
Credit risk prediction based on loan profit: Evidence from Chinese SMEs	107
Connectedness and systemic risk between FinTech and traditional financial stocks: Implications for portfolio diversification	100
Understanding the impact of the financial technology revolution on systemic risk: Evidence from US and EU diversified financials	100
ESG leaders and crypto currency market: Asymmetric TVP-VAR connectedness and investment approaches	95
Global economic uncertainty and the Chinese stock market: Assessing the impacts of global indicators	91
Analyst optimism and market sentiment: Evidence from European corporate sustainability reporters	90
Impact of corporate philanthropy on firm performance: The moderating role of board structure	85
Quantile connectedness between Chinese stock and commodity futures markets	83

Does fintech drive sustainability? Insights from clean energy and global partnerships	83
The effects of portfolio rebalancing strategies on the performance of global mutual funds	82
Digital finance, institutional quality, and air pollution: Evidence from China	80
Can non-punitive regulation curb corporate greenwashing?Evidence from a word embedding model	79
ESG news and firm value: Evidence from China’s automation of pollution monitoring	76
Corporate governance, fraud learning cycles, and financial fraud detection: Evidence from Chinese listed firms	75
Emerging market multinationals’ pursuit of strategic assets through cross-border acquisitions	74
Does market microstructure affect time-varying efficiency? Evidence from emerging markets	74
EU-27 bank failure prediction with C5.0 decision trees and deep learning neural networks	73
Navigating sustainable finance: Examining the impact of sustainable credit policy on energy consumption intensity	73
Accounting for digital currencies	72
Asset encumbrance in banks: Is systemic risk affected?	72
Unraveling the phenomenon of Born Globals from emerging markets: a systematic literature review and research agenda	72
Has FinTech changed the sensitivity of corporate investment to interest rates?—Evidence from China	71
Unpacking energy consumption in China's urbanization: Industry development, population growth, and spatial expansion	71
Performance of ESG-integrated smart beta strategies in Asia-Pacific stock markets	70
ESG reputational risk and market valuation: Evidence from the European banking industry	70
Editorial Board	68
Are stock markets efficient with respect to the Google search volume index? A robustness check of the literature studies	67
Nurturing finance and harvesting intelligence: The green growth of urban industrial intelligence fueled by green finance	65
Why do entrepreneurial firms switch lead venture capital? A double-sided matching perspective	65
The effects of regulatory mechanism on enterprise carbon reduction policies	64
Market response to environmental social and governance performance: A global analysis	64
A sparsity algorithm for finding optimal counterfactual explanations: Application to corporate credit rating	64
The takeover Tango: Unraveling the impact of state-owned enterprise acquisitions on American competitors	63
How does climate risk affect corporate financialization?	63
Does common ownership affect stock price synchronicity?	62
Predicting financial cycles with dynamic ensemble selection frameworks using leading, coincident and lagging indicators	61
How do Chinese urban investment bonds affect its economic resilience? Evidence from double machine learning	60
The digital economy and entrepreneurial dynamics: An empirical analysis of urban regions in China	60
Dynamic risk and hedging strategies in post-COVID digital asset sectors	60
Financial inclusion, digital technology, and economic growth: Further evidence	60
Guarantee requirements by European central counterparties and international volatility spillovers	59
Revisiting asset co-movement: Does network topology really matter?	59
Hedge funds and sentiment-induced overpricing: Arbitrageurs or speculators?	58
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	58
Influence of social sustainable development goals sentiment on listed companies	58
FinTech and unemployment: New evidence on the role of labor market regulation	58
Trade credit financing, social trust, and financial distress: Evidence from Chinese listed companies	57
Does Confucian culture affect shadow banking activities? Evidence from Chinese listed companies	57
How do deep-level and surface-level board diversity affect bank risk?	57
Banking on the brink: An incremental cost-based view of financial stress	57
Precious metals and currency markets during the Russia-Ukraine conflict’s inflationary periods	57
Sovereign credit ratings, fiscal burden and corporate investment policies: An international evidence	57
Firm digitalization and bank lending: Evidence from China	56
The impact of blue finance on sustainable development in marine ranching: Exploring multiple pathway	56
Sports failures and stock returns between rationality and emotionality: Evidence from the UEFA Champions League	56
The motivations and influencing factors of share pledging: An analysis of pledging and trading strategies	56
Bank equity returns and oil prices: The story from U.S. regional banks during the “shale oil” revolution	55
Analysing and forecasting co-movement between innovative and traditional financial assets based on complex network and machine learning	55

Can CFOs improve enterprise loan bargaining power? An empirical analysis based on CFO characteristics	54
Climate risk, informal lending default, and financial risk spillovers: A dual perspective of physical and transition risks	53
Global Stock Markets during Covid-19: Did Rationality Prevail?	53
Volatility transmission in the property market during two inflationary periods: The 2008–2009 global financial crisis and the COVID-19 crisis	52
Do data trading institutions promote data factor market performance: Evidence from Chinese cities	50
Institutional investors, heterogeneity, and capital structure decisions: Evidence from an emerging market	50
Market competition and strategic interaction in the Spanish FinTech industry	49
Central Bank Digital Currencies: Agendas for future research	49
Day-night anomaly returns in China: The role of institutions	48
Synthetic data generation with deep generative models to enhance predictive tasks in trading strategies	48
Futures markets and the baltic dry index: A prediction study based on deep learning	48
Entrepreneurship in the digital era	48
What determines potential usage of the digital euro?	48
Decentralized autonomous organizations: The new global digital venture capital	47
Can big data inhibit earnings management in corporations? — An analysis based on national big data comprehensive pilot zones	47
Female political leaders and R&D investment	46
Intrafirm inventor network integration and cross-sectional stock returns	46
Editorial Board	46
Mutual fund herding and audit pricing	46
Does policy-oriented environmental disclosure increase market uncertainty? Evidence from stock price volatility in China	46
Analyzing spillover dynamics between semiconductor and clean energy stocks: A higher-order moment approach	46
Financial inclusion and bank stability in ASEAN: A non-linear analysis of risk and opportunity	45
Interconnectedness in the FOREX market during the high inflation regime: A network analysis	45
Systemic tail dependence in disruptive technology ETFs & crypto assets: A partial correlation network	44
Treasure hunt in emerging markets: Empirical evidence for European pension funds	44
How can firms' transition to a low-carbon economy affect the distance to default?	43
Demographic structure and SME credit availability: Rethinking SME finance amid unprecedented demographic transformations	43
Brand capital and corporate stock risk: A theoretical and empirical analysis	43
Liquidity creation in dual banking systems: Do insolvency reforms matter?	43
Network structure, dynamic evolution and block characteristics of sovereign debt risk: The global evidence	43
Extraction of characteristic information from financial super-long texts and prediction of corporate violations	43
The effect of ESG performance on value creation of strategic alliances	42
Investment efficiency under financial constraints: The role of CEO power	42
Is gold still a safe haven for stock markets? New insights through the tail thickness of portfolio return distributions	42
The impact of economic uncertainty on corporate ESG performance: Global evidence	42
Genetic distance and cross-border M&A completion: Evidence from Chinese firms	42
Towards the estimation of ESG ratings: A machine learning approach using balance sheet ratios	42
Military experience and sustainable development goal disclosure	42
Firms’ perceived trade policy uncertainty and management’s disclosure strategies: Evidence from financial statement comparability	42
Effect of twitter investor engagement on cryptocurrencies during the COVID-19 pandemic	41
Share pledging of controlling shareholders and corporate social responsibility disclosure	41
Does Supply Chain Finance (SCF) alleviate funding constraints of SMEs? Evidence from China	41
Peer effects in corporate advertisement expenditure: Evidence from China	41
Payout policy and ESG: A European investigation	40
Nonlinear effects of FinTech adoption on ESG disclosure: Evidence from emerging economies and the role of institutional heterogeneity	40
An evolutionary analysis of the diffusion of low-carbon technology innovation in supply networks	40
The impact of green public finance and green taxes on environmental and non-environmental innovation	39
China’s secondary privatization and corporate investment efficiency	39
Institutional investor information network, analyst forecasting and stock price crash risk	39
Combination of antecedent conditions affecting the development of Chinese new energy market based on fuzzy sets	39
Digital transformation and trade credit provision: Evidence from China	39
Registration reform and stock mispricing: Causal inference based on double machine learning	38
Does data asset disclosure contribute to the market efficiency? Evidence from China	38
The impact of environmental protection fee-to-tax reform on differentiated environmental management behavior of firms	38
Sequential management of energy and low-carbon portfolios	38
Are base layer blockchains establishing a new sector? Evidence from a connectedness approach	37
Green finance and green innovation: the Moderating role of ESG and synergies with inclusive finance	37
CEO narcissism and ESG misconduct	37
Imported financial risk in global stock markets: Evidence from the interconnected network	37
Climate laws and financial stability	36
Overconfident male CEOs and corporate outcomes: The moderating role of female CFOs	36
Does digital finance aggravate bank competition? Evidence from China	36
IPOs and firms’ financial distress risk: International evidence	36
Uncertainty words and corporate information environment	36
Portfolio insurance strategy in the cryptocurrency market	36
Firm-level political risk and CEO compensation	36
The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development	36
Effects of family ownership and family management on the performance of entrepreneurial firms	36
Corporate ESG performance and credit misallocation: Evidence from China	36
How do women directors ensure corporate ethics? The role of board tenure	36
Infectious disease equity market volatility, geopolitical risk, speculation, and commodity returns: Comparative analysis of five epidemic outbreaks	35
Decomposition of social networks and household purchase of insurance as knowledge products	35
Is soft information substitutive or complementary to hard news for investor attention? Evidence from corporate advertising in Japan	35
Forecasting corporate bankruptcy in imbalanced datasets using a new hybrid machine learning approach	35
Multilayer network analysis of investor sentiment and stock returns	35
Influence of share pledging on corporate social responsibility: Evidence from India	35
The geographic distance of independent directors and stock price crash risk: Evidence from China	35
Uncovering patterns of fintech behavior in Italian banks: A multidimensional statistical analysis	35
Internationalization and donations allocated to domestic market: Evidence from emerging market SMEs	35
How does macroeconomic uncertainty influence energy futures?: Evidence from extraordinary events	34

Firm-level real climate risk, institutional investors, and green innovation	34
Higher-order and cross-moment spillovers among emerging technology, sustainable investing and traditional financial markets: Insights from multi-dimensional driving factors	34
A tale of two revolutions: Environmental, social, and governance performance and dividend policy in Egyptian-listed companies during unstable times	34
Does firm environmental performance mitigate the market reaction to COVID-19 uncertainty?	34
Price limits, investor asset allocation, and price volatility: Evidence from China’s registration-based IPO reform	34
Do conventional and new energy stock markets herd differently? Evidence from China	34
Does utilizing smart contracts induce a financial connectedness between Ethereum and non-fungible tokens?	34
Changes in supply chain relationships and the enterprise internationalization process	34
Dynamic response of the natural interest rate to extreme climate	34
A Support Vector Machine model for classification of efficiency: An application to M&A	34
Exploring the nexus between sustainable energy tokens, electric vehicles, and the hydrogen economy	34
Does government ownership influence the dividend payments of European banks?	34
Does ESG information disclosure increase firm value? The mediation role of financing constraints in China	33
Unleashing stock volatility and its implications for stock crash risk: Evidence from China’s price limit policies	33
The performance of green bond portfolios under climate uncertainty: A comparative analysis with conventional and black bond portfolios	33
Asymmetry in returns and volatility between green financial assets, sustainable investments, clean energy, and international stock markets	33
ESG reactions to fintech: The role of cross-border capital flows	32
Climate risk and banking stability in China: A dynamic analysis from the short- and long-term perspectives	32
The fintech revolution: Exploring the potential of fintech finance in reducing corporate credit constraints	32
Local government debt and firm productivity: Evidence from China	32
How do FinTech companies contribute to the achievement of SDGs? Insights from case studies	32
The impact of debt: International versus local debt in microfinance organizations	32
Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China	32
Corporate bond defaults and spillover effects on bank risk: Evidence from city commercial banks in China	32
The importance of owner loans for rebalancing the capital structure of small knowledge-intensive service firms	31
The heterogeneity of innovation, government R&D support and enterprise innovation performance	31
Interpretable selective learning in credit risk	31
Social trust and the demand for audit quality	31
Digital payments and GDP growth: A behavioural quantitative analysis	31
The impact of European firms’ emissions reduction effectiveness on financial constraints: Evidence from the quintuple helix model perspective	30
Mutual fund flows and returns dynamics: Investor preferences and performance persistence	30
Strategic fit of potential M&As between dual banks and conventional banks: Does Islamic banking matter?	30
Three channels of monetary policy international transmission: Identifying spillover effects from the US to China	30
How do industry tournament incentives affect firm debt maturity?	30
Forecasting gold volatility with geopolitical risk indices	30
Large scale mean-variance strategies in the U.S. stock market	30
The influence of institutional void and socio-cultural factors on the internationalization of emerging multinationals	29
“Volatility in a Mug Cup”: Spillovers among cocoa, coffee, sugar futures and the role of climate policy risk	29
Italian SMEs and access to credit: Does being “green” matter?	29
When stock price crash risk meets fundamentals	29
How does the geographic concentration of institutional investors affect corporate risk? Evidence from China	29
The role of culture in driving innovation: A quasi-natural experiment from China	29
Artificial intelligence and green innovation: Investigating the effects of executive pay and firm age	29
Web search volume acceleration and cross-sectional returns	29
Zero-leverage and firm performance – Evidence from Taiwan	29
Green money talks: Does green bond issuance promote corporate green governance?	29
Forecasting aggregate stock market volatility with industry volatilities: The role of spillover index	29
Potential diversification benefits: A comparative study of Islamic and conventional stock market indexes	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
Harnessing digital finance for sustainability: An integrative review and research agenda	28
Left to their own devices: Ownership concentration and payout policy	28
Dancing with dragon: The RMB and developing economies’ currencies	28
Financial inclusion and income inequality in developing countries: The role of aging populations	28
Local optimistic expectations and corporate capital structure decisions	28
ESG disclosure and investment-financing maturity mismatch: Evidence from China	28
Climate policy uncertainty and corporate greenwashing: Developing a new metric for selective investment practices	28
Uncertainty or investor attention: Which has more impact on Bitcoin volatility?	28
Dynamic interlinkages between carbon risk and volatility of green and renewable energy: A TVP-VAR analysis	27
Does financial inclusion affect corporate risk-taking?	27
Determinants of credit spreads and cash flow-related lending in commercial real estate	27
The impact of environmental, social, and governance (ESG) practices on investment efficiency in China: Does digital transformation matter?	27
Editorial Board	27
Estimating time-varying factors’ variance in the string-term structure model with stochastic volatility	27
Global trends and insights into cryptocurrency-related financial crime	27
Redefining insurance through technology: Achievements and perspectives in Insurtech	27
The effect of downstream expansion on upstream employment: Quasi-natural experimental evidence from China’s Accelerated Depreciation Policy	27
The determinants and consequences of tax avoidance: A psychological contract perspective	26
Cryptocurrencies and financial market stability: Theoretical modeling and empirical evidence of spillover effects from sequential attention cycles of crypto investors	26
Value effect of AI innovation zones: Green premium and cost reduction pathways in environmental disclosure	26
An asymmetrical approach to understanding consumer characteristics in banking trust during the COVID-19 pandemic in Italy	26
Do north–south cultural differences affect share repurchases?—Evidence from China	26
Multiscale information network among fossil energy, renewable energy and ESG investment under the Russo-Ukrainian conflict	26
The governance nexus: The impact of CFO-CEO collusion on controlling shareholders’ equity pledging	26
Editorial Board	26
The nonlinear impacts of energy price shocks on bank diversification: Evidence from G7 economies	26
Corporate misconduct and innovation: Evidence from the pharmaceutical industry	26
Can investors’ informed trading predict cryptocurrency returns? Evidence from machine learning	26
Anticipatory gains and event-driven losses in blockchain-based fan tokens: Evidence from the FIFA World Cup	26
Price effects after one-day abnormal returns and crises in the stock markets	25
Retail investors matter: The value of corporate interactions	25
The audit committee’s IT expertise and its impact on the disclosure of cybersecurity risk	25
The determinants of issuing central bank digital currencies	25
How do climate risks affect corporate ESG performance? Micro evidence from China	25
Network centrality, style drift, and mutual fund performance	25
Shadow banking, macroprudential policy and banks’ systemic risk	25
Finance and sales growth at the firms level in Iran: Does type of spending matter?	25
Towards more inclusive finance: Exploring the mystery of low carbon green technological innovation	25
Too big to fail: The aftermath of Silicon Valley Bank (SVB) collapse and its impact on financial markets	25
Signaling vs. agency theory: What drives dividends of promoter-owned firms during a crisis?	25
Sustainable finance and blockchain: A systematic review and research agenda	25
Convergence or divergence? The impact of common institutional ownership on firms’ innovation trajectories	25
Flexible fintech regulation and corporate digital innovation: Evidence from a quasi-natural experiment	25
Economic policy uncertainty, institutional environments, and corporate cash holdings	25
How well do investor sentiment and ensemble learning predict Bitcoin prices?	25