Research in International Business and Finance

Article	Citations
Has FinTech changed the sensitivity of corporate investment to interest rates?—Evidence from China	281
Internal control opinion shopping: Does initial audit fee discounting matter?	214
Analyst optimism and market sentiment: Evidence from European corporate sustainability reporters	195
Unpacking energy consumption in China's urbanization: Industry development, population growth, and spatial expansion	141
Controlling shareholder’s escape threat: Foreign residency rights and stock price crash risk	132
Emerging market multinationals’ pursuit of strategic assets through cross-border acquisitions	109
Vulnerability of financial markets in India: The contagious effect of COVID-19	104
Traders’ motivation and hedging pressure in commodity futures markets	104
Perceived vs actual financial crisis and bank credit standards: Is there any indication of self-fulfilling prophecy?	95
Factorial asset pricing models using statistical anomalies	92
Monetary policy and currency variance risk premia	91
Asset encumbrance in banks: Is systemic risk affected?	91
The logics of sovereign credit ratings in developed and developing countries	91
Global economic uncertainty and the Chinese stock market: Assessing the impacts of global indicators	88
Artificial intelligence, digital transformation and cybersecurity in the banking sector: A multi-stakeholder cognition-driven framework	87
Existence of long memory in crude oil and petroleum products: Generalised Hurst exponent approach	84
Related party lending and rural bank risk: Evidence during the Covid-19 period	84
COVID-19, a blessing in disguise for the Tech sector: Evidence from stock price crash risk	82
Impact of corporate philanthropy on firm performance: The moderating role of board structure	77
Does market microstructure affect time-varying efficiency? Evidence from emerging markets	74
Connectedness and systemic risk between FinTech and traditional financial stocks: Implications for portfolio diversification	74
Performance of ESG-integrated smart beta strategies in Asia-Pacific stock markets	72
Corporate governance, fraud learning cycles, and financial fraud detection: Evidence from Chinese listed firms	72
The effects of portfolio rebalancing strategies on the performance of global mutual funds	71
ESG leaders and crypto currency market: Asymmetric TVP-VAR connectedness and investment approaches	71

Asymmetric dynamics between geopolitical conflict sentiment and cryptomarkets	70
Can non-punitive regulation curb corporate greenwashing?Evidence from a word embedding model	70
Credit risk prediction based on loan profit: Evidence from Chinese SMEs	69
Accounting for digital currencies	68
Navigating sustainable finance: Examining the impact of sustainable credit policy on energy consumption intensity	68
EU-27 bank failure prediction with C5.0 decision trees and deep learning neural networks	67
Understanding the impact of the financial technology revolution on systemic risk: Evidence from US and EU diversified financials	66
Impact of the Covid-19 induced panic on the Environmental, Social and Governance leaders equity volatility: A time-frequency analysis	65
Family firms and the cost of borrowing: empirical evidence from East Asia	65
ESG reputational risk and market valuation: Evidence from the European banking industry	64
Are real interest rates a monetary phenomenon? Evidence from 700 years of data	61
Quantile connectedness between Chinese stock and commodity futures markets	60
Dynamic risk and hedging strategies in post-COVID digital asset sectors	60
Volatility transmission in the property market during two inflationary periods: The 2008–2009 global financial crisis and the COVID-19 crisis	59
Editorial Board	59
Sports failures and stock returns between rationality and emotionality: Evidence from the UEFA Champions League	57
Top executives’ great famine experience and stock price crash risk	54
The takeover Tango: Unraveling the impact of state-owned enterprise acquisitions on American competitors	54
A sparsity algorithm for finding optimal counterfactual explanations: Application to corporate credit rating	53
Market competition and strategic interaction in the Spanish FinTech industry	52
Do investors listen? Exploring the effect of investor relationship management on firm-specific stock return variation	51
The digital economy and entrepreneurial dynamics: An empirical analysis of urban regions in China	50
Central Bank Digital Currencies: Agendas for future research	50
Financial inclusion, digital technology, and economic growth: Further evidence	50
Guarantee requirements by European central counterparties and international volatility spillovers	49
Analysing and forecasting co-movement between innovative and traditional financial assets based on complex network and machine learning	49
How do Chinese urban investment bonds affect its economic resilience? Evidence from double machine learning	48
Why do entrepreneurial firms switch lead venture capital? A double-sided matching perspective	48
Revisiting asset co-movement: Does network topology really matter?	48
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	48
Identifying the asymmetric price dynamics of Islamic equities: Implications for international investors	46
Bank equity returns and oil prices: The story from U.S. regional banks during the “shale oil” revolution	46
Precious metals and currency markets during the Russia-Ukraine conflict’s inflationary periods	46
Institutional investors, heterogeneity, and capital structure decisions: Evidence from an emerging market	45
Are base layer blockchains establishing a new sector? Evidence from a connectedness approach	45
Global Stock Markets during Covid-19: Did Rationality Prevail?	45
Political uncertainty, innovation-driven strategy, and corporate R&D	45
Market response to environmental social and governance performance: A global analysis	45
Are stock markets efficient with respect to the Google search volume index? A robustness check of the literature studies	45
Does Confucian culture affect shadow banking activities? Evidence from Chinese listed companies	45
Registration reform and stock mispricing: Causal inference based on double machine learning	44
Five decades of research on capital budgeting – A systematic review and future research agenda	43
Banking sector reactions to COVID-19: The role of bank-specific factors and government policy responses	43
Effect of twitter investor engagement on cryptocurrencies during the COVID-19 pandemic	43
Genetic distance and cross-border M&A completion: Evidence from Chinese firms	42
Linkage dynamics of sovereign credit risk and financial markets: A bibliometric analysis	42
The voice of minority shareholders: Online voting and corporate social responsibility	42
Does Supply Chain Finance (SCF) alleviate funding constraints of SMEs? Evidence from China	42
How can firms' transition to a low-carbon economy affect the distance to default?	42
Corporate social responsibility and dynamic liquidity management	41

Futures markets and the baltic dry index: A prediction study based on deep learning	41
The impact of green public finance and green taxes on environmental and non-environmental innovation	41
Share pledging of controlling shareholders and corporate social responsibility disclosure	41
Demographic structure and SME credit availability: Rethinking SME finance amid unprecedented demographic transformations	41
Institutional investor information network, analyst forecasting and stock price crash risk	40
Imported financial risk in global stock markets: Evidence from the interconnected network	39
China’s secondary privatization and corporate investment efficiency	39
Earnings management and internal governance mechanisms: The role of religiosity	38
Interconnectedness in the FOREX market during the high inflation regime: A network analysis	38
Combination of antecedent conditions affecting the development of Chinese new energy market based on fuzzy sets	38
What determines interest rates for bitcoin lending?	37
Network structure, dynamic evolution and block characteristics of sovereign debt risk: The global evidence	37
An evolutionary analysis of the diffusion of low-carbon technology innovation in supply networks	37
Does data asset disclosure contribute to the market efficiency? Evidence from China	36
Mutual fund herding and audit pricing	36
Sequential management of energy and low-carbon portfolios	36
Peer effects in corporate advertisement expenditure: Evidence from China	36
Is gold still a safe haven for stock markets? New insights through the tail thickness of portfolio return distributions	35
Editorial Board	35
Firms’ perceived trade policy uncertainty and management’s disclosure strategies: Evidence from financial statement comparability	34
Female political leaders and R&D investment	34
Day-night anomaly returns in China: The role of institutions	34
Towards the estimation of ESG ratings: A machine learning approach using balance sheet ratios	34
Digital transformation and trade credit provision: Evidence from China	33
Payout policy and ESG: A European investigation	33
Decentralized autonomous organizations: The new global digital venture capital	33
Synthetic data generation with deep generative models to enhance predictive tasks in trading strategies	33
Effects of family ownership and family management on the performance of entrepreneurial firms	32
The impact of economic uncertainty on corporate ESG performance: Global evidence	32
Weathering the COVID-19 storm: The case of community banks	32
CEO narcissism and ESG misconduct	32
Firm-level political risk and CEO compensation	32
Impact of COVID-19 on stock market efficiency: Evidence from developed countries	32
Is soft information substitutive or complementary to hard news for investor attention? Evidence from corporate advertising in Japan	31
Does utilizing smart contracts induce a financial connectedness between Ethereum and non-fungible tokens?	31
Product line transformation, foreign sales, and firm value: Evidence from COVID-19 pandemic governance in urban China	31
The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development	31
Is oil risk important for commodity-related currency returns?	31
Corporate bond defaults and spillover effects on bank risk: Evidence from city commercial banks in China	31
Internationalization and donations allocated to domestic market: Evidence from emerging market SMEs	30
A tale of two revolutions: Environmental, social, and governance performance and dividend policy in Egyptian-listed companies during unstable times	30
The impact of personality traits on attitude to financial risk	30
Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China	30
Environmental stocks, CEO health risk and COVID-19	30
How does intellectual property protection in the host country affect outward foreign direct investment?	30
The geographic distance of independent directors and stock price crash risk: Evidence from China	30
Portfolio insurance strategy in the cryptocurrency market	30
Infectious disease equity market volatility, geopolitical risk, speculation, and commodity returns: Comparative analysis of five epidemic outbreaks	30
Unleashing stock volatility and its implications for stock crash risk: Evidence from China’s price limit policies	30
Changes in supply chain relationships and the enterprise internationalization process	30
Price limits, investor asset allocation, and price volatility: Evidence from China’s registration-based IPO reform	30
How do women directors ensure corporate ethics? The role of board tenure	29
Uncovering patterns of fintech behavior in Italian banks: A multidimensional statistical analysis	29
Local government debt and firm productivity: Evidence from China	29
Volatility spillover between economic sectors in financial crisis prediction: Evidence spanning the great financial crisis and Covid-19 pandemic	29
How does macroeconomic uncertainty influence energy futures?: Evidence from extraordinary events	29
A Support Vector Machine model for classification of efficiency: An application to M&A	29
Influence of Share Pledging on Corporate Social Responsibility: Evidence from India	29
Does firm environmental performance mitigate the market reaction to COVID-19 uncertainty?	29
How do FinTech companies contribute to the achievement of SDGs? Insights from case studies	29
Do conventional and new energy stock markets herd differently? Evidence from China	29
Does digital finance aggravate bank competition? Evidence from China	29
Decomposition of social networks and household purchase of insurance as knowledge products	28
Multilayer network analysis of investor sentiment and stock returns	28
The performance of green bond portfolios under climate uncertainty: A comparative analysis with conventional and black bond portfolios	28
Corporate ESG performance and credit misallocation: Evidence from China	28
Asymmetry in returns and volatility between green financial assets, sustainable investments, clean energy, and international stock markets	28
The intraday dynamics and intraday price discovery of bitcoin	28
Reporting quality and financial leverage: Are qualitative characteristics or earnings quality more important? Evidence from an emerging bank-based economy	28
Does ESG information disclosure increase firm value? The mediation role of financing constraints in China	28
The historic oil price fluctuation during the Covid-19 pandemic: What are the causes?	28
“Volatility in a Mug Cup”: Spillovers among cocoa, coffee, sugar futures and the role of climate policy risk	27
Mutual fund flows and returns dynamics: Investor preferences and performance persistence	27
Dynamic interlinkages between carbon risk and volatility of green and renewable energy: A TVP-VAR analysis	27
The influence of institutional void and socio-cultural factors on the internationalization of emerging multinationals	27
Debt Issues around Mergers & Acquisitions	26
When stock price crash risk meets fundamentals	26
Zero-leverage and firm performance – Evidence from Taiwan	26
Banks’ interconnections and peer effects: Evidence from Chile	26
The heterogeneity of innovation, government R&D support and enterprise innovation performance	26

Harnessing digital finance for sustainability: An integrative review and research agenda	26
Web search volume acceleration and cross-sectional returns	26
How do industry tournament incentives affect firm debt maturity?	26
Forecasting aggregate stock market volatility with industry volatilities: The role of spillover index	25
Social trust and the demand for audit quality	25
Financial inclusion and income inequality in developing countries: The role of aging populations	25
Global trends and insights into cryptocurrency-related financial crime	25
Digital payments and GDP growth: A behavioural quantitative analysis	25
Redefining insurance through technology: Achievements and perspectives in Insurtech	25
Large scale mean-variance strategies in the U.S. stock market	25
Resolving agency and product market views of cash holdings	25
The importance of owner loans for rebalancing the capital structure of small knowledge-intensive service firms	25
Dancing with dragon: The RMB and developing economies’ currencies	24
Chinese jigsaw: Solving the equity market response to the COVID-19 crisis: Do alternative asset provide effective hedging performance?	24
The impact of environmental, social, and governance (ESG) practices on investment efficiency in China: Does digital transformation matter?	24
The impact of debt: International versus local debt in microfinance organizations	24
Three channels of monetary policy international transmission: Identifying spillover effects from the US to China	24
Strategic fit of potential M&As between dual banks and conventional banks: Does Islamic banking matter?	24
ESG reactions to fintech: The role of cross-border capital flows	24
Interpretable selective learning in credit risk	24
Information spillover features in global financial markets: A systematic analysis	24
Product market competition and stock price crash risk: Exploring the role of managerial ownership	23
Potential diversification benefits: A comparative study of Islamic and conventional stock market indexes	23
ESG disclosure and investment-financing maturity mismatch: Evidence from China	23
The effect of downstream expansion on upstream employment: Quasi-natural experimental evidence from China’s Accelerated Depreciation Policy	23
Impact of environmental, social and governance initiatives on firm value: Analysis using AI-based ESG scores for Japanese listed firms	23
Measuring the evolution of competition and the impact of the financial reform in the Mexican banking sector, 2008–2019	23
Anatomy of money-losing IPOs	23
Forecasting gold volatility with geopolitical risk indices	23
An asymmetrical approach to understanding consumer characteristics in banking trust during the COVID-19 pandemic in Italy	23
Editorial Board	22
Free riding or participation in governance: Minority shareholders’ online voting and corporate responsiveness	22
Policy uncertainty and overseas property purchases: Evidence from China	22
How well do investor sentiment and ensemble learning predict Bitcoin prices?	22
Estimating time-varying factors’ variance in the string-term structure model with stochastic volatility	22
An empirical study on the regulated Chinese agricultural commodity futures market based on skew Ornstein-Uhlenbeck model	22
Signaling vs. agency theory: What drives dividends of promoter-owned firms during a crisis?	22
The dichotomy of corporate litigation risk in shaping ESG disclosure: Does green innovation matter?	22
Price effects after one-day abnormal returns and crises in the stock markets	22
Institutional context as a moderator of the relationship between board structure and acquirer returns	22
Determinants of credit spreads and cash flow-related lending in commercial real estate	22
The development fit index of digital currency electronic payment between China and the one belt one road countries	21
The determinants of issuing central bank digital currencies	21
Economic policy uncertainty, institutional environments, and corporate cash holdings	21
Can a self-exciting jump structure better capture the jump behavior of cryptocurrencies? A comparative analysis with the S&P 500	21
The audit committee’s IT expertise and its impact on the disclosure of cybersecurity risk	21
Corporate misconduct and innovation: Evidence from the pharmaceutical industry	21
Culture, financial literacy, and leverage of small firms	21
How do climate risks affect corporate ESG performance? Micro evidence from China	21
Hedging climate risk: The role of green energy exchange-traded funds	21
Network centrality, style drift, and mutual fund performance	21
Finance and sales growth at the firms level in Iran: Does type of spending matter?	21
Can investors’ informed trading predict cryptocurrency returns? Evidence from machine learning	21
How does international capital flows drive green technological innovation in emerging and developed markets?	21
The impact of digital transformation on the servitization transformation of manufacturing firms	21
Anticipatory gains and event-driven losses in blockchain-based fan tokens: Evidence from the FIFA World Cup	20
Sustainable finance and blockchain: A systematic review and research agenda	20
Does economic policy uncertainty affect cryptocurrency markets? Evidence from Twitter-based uncertainty measures	20
Research on the accelerating effect of green finance on the transformation of energy consumption in China	20
Does the porter hypothesis work well in the emission trading schema pilot? Exploring moderating effects of institutional settings	20
Too big to fail: The aftermath of Silicon Valley Bank (SVB) collapse and its impact on financial markets	20
Mergers and acquisitions in the financial industry: A bibliometric review and future research directions	20
Policy uncertainty, the use of derivatives: Evidence from U.S. bank holdingcompanies (BHCs)	20
Does global climate risk encourage companies to take more risks?	20
The impact of FinTech innovation on digital financial literacy in Europe: Insights from the banking industry	19
Quantile dependence and portfolio management between oil, gold, silver, and MENA stock markets	19
The role of institutional quality in the nexus between green financing and sustainable development	19
Retail investors matter: The value of corporate interactions	19
The effect of impact investing on performance of private firms	19
Capture the contagion network of bitcoin – Evidence from pre and mid COVID-19	19
The impact of economic policy uncertainty and digital integration on ESG practices in European companies	19
Impact of central bank digital currency uncertainty on international financial markets	19
Do Chinese managers listen to the media?: Evidence from mergers and acquisitions	18
Return and volatility connectedness between agricultural tokens and us equity sectors	18
Integration of investor behavioral perspective and climate change in reinforcement learning for portfolio optimization	18
Readability and banks’ risk-taking behavior: Evidence from GCC	18
Corrigendum to “Multiple large shareholders and pay-performance sensitivity: Evidence from China” [Res. Int. Bus. Financ. 73 (2025) 102597]	18
Impact of firm characteristics and country-level governance on global energy stocks during crises	18
The maturity effect of stock index futures: Speculation or carry arbitrage?	18
Distribution of export size, Pareto exponent and financial crisis	18
Gender Diversity Index. Measuring persistence	18
Editorial Board	18
The COVID-19 pandemic and feedback trading dynamics: Unveiling global patterns	18
Economics of blockchain-based securities settlement	18
What determines mergers and acquisitions in BRICS countries: Liquidity, exchange rate or innovation?	18
Spatial distribution of public service, spatial sorting, and labor market	18
Anatomy of sovereign yield behaviour using textual news	18
Common institutional ownership and executive pay-performance sensitivity: Mediating role of information transparency and fund occupation	18
False Safe Haven Assets: Evidence From the Target Volatility Strategy Based on Recurrent Neural Network	17
Dynamic linkages among transparency, income inequality and economic growth in developing countries: Evidence from panel vector autoregressive (PVAR) model	17
COVID-19 pandemic and economic policy uncertainty: The first test on the hedging and safe haven properties of cryptocurrencies	17
Is climate transition risk priced into corporate credit risk? Evidence from credit default swaps	17
Tail connectedness between category-specific policy uncertainty, sovereign debt risk, and stock volatility during a high inflation period	17
The impact of sovereign credit ratings on Eurobond yields: Evidence from Africa	17
Annual report tone and bank risk-taking behavior: Evidence from China	17