Research in International Business and Finance

Article	Citations
ESG news and firm value: Evidence from China’s automation of pollution monitoring	402
Digital finance, institutional quality, and air pollution: Evidence from China	319
Editorial Board	175
Factorial asset pricing models using statistical anomalies	155
The effects of portfolio rebalancing strategies on the performance of global mutual funds	140
Performance of ESG-integrated smart beta strategies in Asia-Pacific stock markets	138
ESG leaders and crypto currency market: Asymmetric TVP-VAR connectedness and investment approaches	132
Are institutional investors effective monitors in a country where closely held firms predominate? Insights from agency problem-driven dividend payouts	128
Corporate governance, fraud learning cycles, and financial fraud detection: Evidence from Chinese listed firms	121
Asset encumbrance in banks: Is systemic risk affected?	111
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]	111
Extreme return connectedness among renewable energy and rare earth markets: The role of global factors	109
Are real interest rates a monetary phenomenon? Evidence from 700 years of data	108
Related party lending and rural bank risk: Evidence during the Covid-19 period	105
Monetary policy and currency variance risk premia	101
The logics of sovereign credit ratings in developed and developing countries	99
Unpacking energy consumption in China's urbanization: Industry development, population growth, and spatial expansion	95
The impact of insider-appointment on the fulfillment of M&A performance commitments: Based on the power-responsibility paradox	94
Controlling shareholder’s escape threat: Foreign residency rights and stock price crash risk	88
Global economic uncertainty and the Chinese stock market: Assessing the impacts of global indicators	85
Has FinTech changed the sensitivity of corporate investment to interest rates?—Evidence from China	85
Family firms and the cost of borrowing: empirical evidence from East Asia	84
Emerging market multinationals’ pursuit of strategic assets through cross-border acquisitions	83
Traders’ motivation and hedging pressure in commodity futures markets	81
Corporate venture capital and firm productivity: Evidence from China	79

Can non-punitive regulation curb corporate greenwashing?Evidence from a word embedding model	79
Credit risk prediction based on loan profit: Evidence from Chinese SMEs	77
ESG reputational risk and market valuation: Evidence from the European banking industry	75
Connectedness and systemic risk between FinTech and traditional financial stocks: Implications for portfolio diversification	72
Analyst optimism and market sentiment: Evidence from European corporate sustainability reporters	71
Understanding the impact of the financial technology revolution on systemic risk: Evidence from US and EU diversified financials	71
Quantile connectedness between Chinese stock and commodity futures markets	69
Artificial intelligence, digital transformation and cybersecurity in the banking sector: A multi-stakeholder cognition-driven framework	69
Impact of corporate philanthropy on firm performance: The moderating role of board structure	67
COVID-19, a blessing in disguise for the Tech sector: Evidence from stock price crash risk	66
Internal control opinion shopping: Does initial audit fee discounting matter?	66
Does market microstructure affect time-varying efficiency? Evidence from emerging markets	65
Navigating sustainable finance: Examining the impact of sustainable credit policy on energy consumption intensity	63
Accounting for digital currencies	62
Asymmetric dynamics between geopolitical conflict sentiment and cryptomarkets	62
EU-27 bank failure prediction with C5.0 decision trees and deep learning neural networks	62
Editorial Board	61
Bank equity returns and oil prices: The story from U.S. regional banks during the “shale oil” revolution	60
Why do entrepreneurial firms switch lead venture capital? A double-sided matching perspective	60
Predicting financial cycles with dynamic ensemble selection frameworks using leading, coincident and lagging indicators	59
Identifying the asymmetric price dynamics of Islamic equities: Implications for international investors	59
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
Market competition and strategic interaction in the Spanish FinTech industry	58
Guarantee requirements by European central counterparties and international volatility spillovers	58
Trade credit financing, social trust, and financial distress: Evidence from Chinese listed companies	58
Revisiting asset co-movement: Does network topology really matter?	57
The takeover Tango: Unraveling the impact of state-owned enterprise acquisitions on American competitors	57
Influence of social sustainable development goals sentiment on listed companies	56
Sports failures and stock returns between rationality and emotionality: Evidence from the UEFA Champions League	55
Volatility transmission in the property market during two inflationary periods: The 2008–2009 global financial crisis and the COVID-19 crisis	55
A sparsity algorithm for finding optimal counterfactual explanations: Application to corporate credit rating	55
How does climate risk affect corporate financialization?	54
Nurturing finance and harvesting intelligence: The green growth of urban industrial intelligence fueled by green finance	54
Does common ownership affect stock price synchronicity?	54
Banking on the brink: An incremental cost-based view of financial stress	54
Analysing and forecasting co-movement between innovative and traditional financial assets based on complex network and machine learning	53
Precious metals and currency markets during the Russia-Ukraine conflict’s inflationary periods	53
Dynamic risk and hedging strategies in post-COVID digital asset sectors	53
Financial inclusion, digital technology, and economic growth: Further evidence	53
Hedge funds and sentiment-induced overpricing: Arbitrageurs or speculators?	53
FinTech and unemployment: New evidence on the role of labor market regulation	52
Central Bank Digital Currencies: Agendas for future research	52
Are stock markets efficient with respect to the Google search volume index? A robustness check of the literature studies	52
Political uncertainty, innovation-driven strategy, and corporate R&D	52
Market response to environmental social and governance performance: A global analysis	51
Global Stock Markets during Covid-19: Did Rationality Prevail?	51
Do investors listen? Exploring the effect of investor relationship management on firm-specific stock return variation	51
Does Confucian culture affect shadow banking activities? Evidence from Chinese listed companies	51
The effects of regulatory mechanism on enterprise carbon reduction policies	50
Can CFOs improve enterprise loan bargaining power? An empirical analysis based on CFO characteristics	50

How do Chinese urban investment bonds affect its economic resilience? Evidence from double machine learning	49
The digital economy and entrepreneurial dynamics: An empirical analysis of urban regions in China	49
Institutional investors, heterogeneity, and capital structure decisions: Evidence from an emerging market	48
The Impact of Blue Finance on Sustainable Development in Marine Ranching: Exploring Multiple Pathway	48
Top executives’ great famine experience and stock price crash risk	47
Can big data inhibit earnings management in corporations? — An analysis based on national big data comprehensive pilot zones	47
Genetic distance and cross-border M&A completion: Evidence from Chinese firms	47
Entrepreneurship in the digital era	47
Editorial Board	47
The impact of environmental protection fee-to-tax reform on differentiated environmental management behavior of firms	47
Military experience and sustainable development goal disclosure	47
Female political leaders and R&D investment	47
Does data asset disclosure contribute to the market efficiency? Evidence from China	46
Combination of antecedent conditions affecting the development of Chinese new energy market based on fuzzy sets	44
Brand capital and corporate stock risk: A theoretical and empirical analysis	44
Decentralized autonomous organizations: The new global digital venture capital	44
How can firms' transition to a low-carbon economy affect the distance to default?	43
Does Supply Chain Finance (SCF) alleviate funding constraints of SMEs? Evidence from China	43
Treasure hunt in emerging markets: Empirical evidence for European pension funds	43
Earnings management and internal governance mechanisms: The role of religiosity	43
CEO narcissism and ESG misconduct	42
Mutual fund herding and audit pricing	42
Green finance and green innovation: the Moderating role of ESG and synergies with inclusive finance	42
Towards the estimation of ESG ratings: A machine learning approach using balance sheet ratios	42
Day-night anomaly returns in China: The role of institutions	41
Are base layer blockchains establishing a new sector? Evidence from a connectedness approach	41
China’s secondary privatization and corporate investment efficiency	41
Firms’ perceived trade policy uncertainty and management’s disclosure strategies: Evidence from financial statement comparability	40
Extraction of characteristic information from financial super-long texts and prediction of corporate violations	40
Peer effects in corporate advertisement expenditure: Evidence from China	40
The effect of ESG performance on value creation of strategic alliances	40
Institutional investor information network, analyst forecasting and stock price crash risk	40
Network structure, dynamic evolution and block characteristics of sovereign debt risk: The global evidence	40
Registration reform and stock mispricing: Causal inference based on double machine learning	39
Does policy-oriented environmental disclosure increase market uncertainty? Evidence from stock price volatility in China	39
Investment efficiency under financial constraints: The role of CEO power	39
Payout policy and ESG: A European investigation	39
Futures markets and the baltic dry index: A prediction study based on deep learning	38
Imported financial risk in global stock markets: Evidence from the interconnected network	38
Share pledging of controlling shareholders and corporate social responsibility disclosure	38
Intrafirm inventor network integration and cross-sectional stock returns	38
Linkage dynamics of sovereign credit risk and financial markets: A bibliometric analysis	38
Effect of twitter investor engagement on cryptocurrencies during the COVID-19 pandemic	38
Five decades of research on capital budgeting – A systematic review and future research agenda	38
The impact of economic uncertainty on corporate ESG performance: Global evidence	38
Sequential management of energy and low-carbon portfolios	37
An evolutionary analysis of the diffusion of low-carbon technology innovation in supply networks	37
Interconnectedness in the FOREX market during the high inflation regime: A network analysis	37
Demographic structure and SME credit availability: Rethinking SME finance amid unprecedented demographic transformations	37
The impact of green public finance and green taxes on environmental and non-environmental innovation	37
Corporate social responsibility and dynamic liquidity management	37
Synthetic data generation with deep generative models to enhance predictive tasks in trading strategies	37
Is gold still a safe haven for stock markets? New insights through the tail thickness of portfolio return distributions	37
Digital transformation and trade credit provision: Evidence from China	37
Overconfident male CEOs and corporate outcomes: The moderating role of female CFOs	36
Uncovering patterns of fintech behavior in Italian banks: A multidimensional statistical analysis	36
Firm-level political risk and CEO compensation	35
IPOs and firms’ financial distress risk: International evidence	35
Influence of share pledging on corporate social responsibility: Evidence from India	35
Do conventional and new energy stock markets herd differently? Evidence from China	35
How do women directors ensure corporate ethics? The role of board tenure	35
Uncertainty words and corporate information environment	34
The fintech revolution: Exploring the potential of fintech finance in reducing corporate credit constraints	34
Climate laws and financial stability	34
Dynamic response of the natural interest rate to extreme climate	34
Changes in supply chain relationships and the enterprise internationalization process	34
Is soft information substitutive or complementary to hard news for investor attention? Evidence from corporate advertising in Japan	34
Firm-level real climate risk, institutional investors, and green innovation	34
Environmental stocks, CEO health risk and COVID-19	34
A tale of two revolutions: Environmental, social, and governance performance and dividend policy in Egyptian-listed companies during unstable times	34
Forecasting corporate bankruptcy in imbalanced datasets using a new hybrid machine learning approach	34
Internationalization and donations allocated to domestic market: Evidence from emerging market SMEs	33
Decomposition of social networks and household purchase of insurance as knowledge products	33
Unleashing stock volatility and its implications for stock crash risk: Evidence from China’s price limit policies	33
Is oil risk important for commodity-related currency returns?	33
Does government ownership influence the dividend payments of European banks?	32
Portfolio insurance strategy in the cryptocurrency market	32
Price limits, investor asset allocation, and price volatility: Evidence from China’s registration-based IPO reform	32
Corporate bond defaults and spillover effects on bank risk: Evidence from city commercial banks in China	32
The geographic distance of independent directors and stock price crash risk: Evidence from China	32

The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development	31
Reporting quality and financial leverage: Are qualitative characteristics or earnings quality more important? Evidence from an emerging bank-based economy	31
Local government debt and firm productivity: Evidence from China	31
How does macroeconomic uncertainty influence energy futures?: Evidence from extraordinary events	31
Exploring the nexus between sustainable energy tokens, electric vehicles, and the hydrogen economy	31
Does digital finance aggravate bank competition? Evidence from China	31
Corporate ESG performance and credit misallocation: Evidence from China	31
Climate risk and banking stability in China: A dynamic analysis from the short- and long-term perspectives	31
Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China	31
The performance of green bond portfolios under climate uncertainty: A comparative analysis with conventional and black bond portfolios	31
Multilayer network analysis of investor sentiment and stock returns	30
Weathering the COVID-19 storm: The case of community banks	30
Effects of family ownership and family management on the performance of entrepreneurial firms	30
Asymmetry in returns and volatility between green financial assets, sustainable investments, clean energy, and international stock markets	30
Does ESG information disclosure increase firm value? The mediation role of financing constraints in China	30
A Support Vector Machine model for classification of efficiency: An application to M&A	30
Infectious disease equity market volatility, geopolitical risk, speculation, and commodity returns: Comparative analysis of five epidemic outbreaks	30
Mutual fund flows and returns dynamics: Investor preferences and performance persistence	30
Does firm environmental performance mitigate the market reaction to COVID-19 uncertainty?	30
How do FinTech companies contribute to the achievement of SDGs? Insights from case studies	30
The intraday dynamics and intraday price discovery of bitcoin	30
Does utilizing smart contracts induce a financial connectedness between Ethereum and non-fungible tokens?	30
Zero-leverage and firm performance – Evidence from Taiwan	30
The influence of institutional void and socio-cultural factors on the internationalization of emerging multinationals	29
Strategic fit of potential M&As between dual banks and conventional banks: Does Islamic banking matter?	29
Large scale mean-variance strategies in the U.S. stock market	29
The impact of debt: International versus local debt in microfinance organizations	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
The impact of European firms’ emissions reduction effectiveness on financial constraints: Evidence from the quintuple helix model perspective	29
Uncertainty or investor attention: Which has more impact on Bitcoin volatility?	29
How do industry tournament incentives affect firm debt maturity?	29
When stock price crash risk meets fundamentals	29
Does passive ownership affect corporate governance? Evidence from the Bank of Japan’s ETF purchasing program	28
Potential diversification benefits: A comparative study of Islamic and conventional stock market indexes	28
Dancing with dragon: The RMB and developing economies’ currencies	28
Three channels of monetary policy international transmission: Identifying spillover effects from the US to China	28
Italian SMEs and access to credit: Does being “green” matter?	28
“Volatility in a Mug Cup”: Spillovers among cocoa, coffee, sugar futures and the role of climate policy risk	28
Forecasting gold volatility with geopolitical risk indices	28
Global trends and insights into cryptocurrency-related financial crime	28
Forecasting aggregate stock market volatility with industry volatilities: The role of spillover index	28
ESG reactions to fintech: The role of cross-border capital flows	28
Harnessing digital finance for sustainability: An integrative review and research agenda	27
Climate policy uncertainty and corporate greenwashing: Developing a new metric for selective investment practices	27
The heterogeneity of innovation, government R&D support and enterprise innovation performance	27
Left to their own devices: Ownership concentration and payout policy	27
The impact of environmental, social, and governance (ESG) practices on investment efficiency in China: Does digital transformation matter?	26
ESG disclosure and investment-financing maturity mismatch: Evidence from China	26
Dynamic interlinkages between carbon risk and volatility of green and renewable energy: A TVP-VAR analysis	26
Digital payments and GDP growth: A behavioural quantitative analysis	26
Redefining insurance through technology: Achievements and perspectives in Insurtech	26
Financial inclusion and income inequality in developing countries: The role of aging populations	26
The importance of owner loans for rebalancing the capital structure of small knowledge-intensive service firms	26
Social trust and the demand for audit quality	26
Interpretable selective learning in credit risk	26
Resolving agency and product market views of cash holdings	26
Editorial Board	25
Measuring the evolution of competition and the impact of the financial reform in the Mexican banking sector, 2008–2019	25
Network centrality, style drift, and mutual fund performance	25
Determinants of credit spreads and cash flow-related lending in commercial real estate	25
Price effects after one-day abnormal returns and crises in the stock markets	25
Can a self-exciting jump structure better capture the jump behavior of cryptocurrencies? A comparative analysis with the S&P 500	25
Cryptocurrencies and financial market stability: Theoretical modeling and empirical evidence of spillover effects from sequential attention cycles of crypto investors	25
Impact of environmental, social and governance initiatives on firm value: Analysis using AI-based ESG scores for Japanese listed firms	25
Corporate misconduct and innovation: Evidence from the pharmaceutical industry	25
Hedging climate risk: The role of green energy exchange-traded funds	25
An asymmetrical approach to understanding consumer characteristics in banking trust during the COVID-19 pandemic in Italy	24
The determinants and consequences of tax avoidance: A psychological contract perspective	24
Do north–south cultural differences affect share repurchases?—Evidence from China	24
The effect of downstream expansion on upstream employment: Quasi-natural experimental evidence from China’s Accelerated Depreciation Policy	24
Editorial Board	24
Convergence or divergence? The impact of common institutional ownership on firms’ innovation trajectories	24
Estimating time-varying factors’ variance in the string-term structure model with stochastic volatility	24
Finance and sales growth at the firms level in Iran: Does type of spending matter?	24
Free riding or participation in governance: Minority shareholders’ online voting and corporate responsiveness	24
Multiscale information network among fossil energy, renewable energy and ESG investment under the Russo-Ukrainian conflict	24
Does financial inclusion affect corporate risk-taking?	23
The dichotomy of corporate litigation risk in shaping ESG disclosure: Does green innovation matter?	23
The determinants of issuing central bank digital currencies	23
Signaling vs. agency theory: What drives dividends of promoter-owned firms during a crisis?	23
Can investors’ informed trading predict cryptocurrency returns? Evidence from machine learning	23
How well do investor sentiment and ensemble learning predict Bitcoin prices?	23
Anatomy of money-losing IPOs	23
Shadow banking, macroprudential policy and banks’ systemic risk	23
The audit committee’s IT expertise and its impact on the disclosure of cybersecurity risk	23
Anticipatory gains and event-driven losses in blockchain-based fan tokens: Evidence from the FIFA World Cup	23
Emission trading policy and firm-level carbon disclosure in China: Unveiling the potential of market-based environmental regulation	23
Economic policy uncertainty, institutional environments, and corporate cash holdings	23
The impact of digital transformation on the servitization transformation of manufacturing firms	22
Too big to fail: The aftermath of Silicon Valley Bank (SVB) collapse and its impact on financial markets	22
Towards more inclusive finance: Exploring the mystery of low carbon green technological innovation	22
Research on the accelerating effect of green finance on the transformation of energy consumption in China	22
How does international capital flows drive green technological innovation in emerging and developed markets?	22
The development fit index of digital currency electronic payment between China and the one belt one road countries	22