Journal of Banking & Finance

Article	Citations
Does corporate social responsibility create shareholder value? The importance of long-term investors	125
Hedging geopolitical risk with precious metals	120
Geographic proximity and corporate investment efficiency: Evidence from high-speed rail construction in China	118
Political connections and corporate investments: Evidence from the recent anti-corruption campaign in China	118
Banking sector performance during the COVID-19 crisis	109
Bank systemic risk around COVID-19: A cross-country analysis	104
Corporate social responsibility and market efficiency: Evidence from ESG and misvaluation measures	84
How connected is the global sovereign credit risk network?	78
The impact of COVID-19 pandemic on bank lending around the world	70
The pricing of carbon risk in syndicated loans: Which risks are priced and why?	70
Downside risk and the cross-section of cryptocurrency returns	65
Gender gap in peer-to-peer lending: Evidence from China	61
CSR-contingent executive compensation contracts	59
The interconnected nature of financial systems: Direct and common exposures	57
Informational role of social media: Evidence from Twitter sentiment	57
Bank liquidity creation and systemic risk	56
Gambling preferences and stock price crash risk: Evidence from China	55
How to measure the liquidity of cryptocurrency markets?	55
Political corruption and corporate payouts	54
Financial Sector Policy Response to COVID-19 in Emerging Markets and Developing Economies	53
I am a blockchain too: How does the market respond to companies’ interest in blockchain?	53
FinTech adoption and financial inclusion: Evidence from household consumption in China	50
Inclusive banking, financial regulation and bank performance: Cross-country evidence	48
Corporate bond market reactions to quantitative easing during the COVID-19 pandemic	47
Top executive gender, board gender diversity, and financing decisions: Evidence from debt structure choice	47

Global syndicated lending during the COVID-19 pandemic	46
Government support, regulation, and risk taking in the banking sector	44
Corporate relationship spending and stock price crash risk: Evidence from China's anti-corruption campaign	44
Intangible assets and capital structure	43
Family ownership during the Covid-19 pandemic	41
Common institutional ownership and corporate social responsibility	40
COVID-19, volatility dynamics, and sentiment trading	38
Systemic risk and the COVID challenge in the european banking sector	38
The effects of mutual fund decarbonization on stock prices and carbon emissions	37
Interbank contagion: An agent-based model approach to endogenously formed networks	36
Does competition enhance the double-bottom-line performance of microfinance institutions?	36
Bank-based versus market-based financing: Implications for systemic risk	34
How does bank ownership affect firm investment? Evidence from China	34
Debt maturity and the cost of bank loans	34
Market shocks and professionals’ investment behavior – Evidence from the COVID-19 crash	33
Analysis of banks’ systemic risk contribution and contagion determinants through the leave-one-out approach	32
Chasing the ESG factor	31
March madness in Wall Street: (What) does the market learn from stress tests?	31
Cross-border capital flows and bank risk-taking	31
Does Information Asymmetry Impede Market Efficiency? Evidence from Analyst Coverage	29
Banking stress test effects on returns and risks	29
Macroeconomic impact of Basel III: Evidence from a meta-analysis	29
The impact of the ECB's targeted long-term refinancing operations on banks’ lending policies: The role of competition	29
Economic policy uncertainty and the supply of business loans	28
Market manipulation and innovation	28
The dynamics of non-performing loans during banking crises: A new database with post-COVID-19 implications	28
Measuring multi-product banks’ market power using the Lerner index	28
Forecasting short-run exchange rate volatility with monetary fundamentals: A GARCH-MIDAS approach	27
Can reputation concern restrain bad news hoarding in family firms?	27
Bank credit supply and firm innovation behavior in the financial crisis	26
Liquidity and the cross-section of international stock returns	26
The distributional effects of conventional monetary policy and quantitative easing: Evidence from an estimated DSGE model	26
Fintech and big tech credit: Drivers of the growth of digital lending	25
Unpacking the black box of trade credit to socially responsible customers	24
COVID-19, nonperforming loans, and cross-border bank lending	24
Do investors follow the herd in option markets?	24
Factor based commodity investing	23
COVID-19 and lending responses of European banks	23
Liquidity at risk: Joint stress testing of solvency and liquidity	23
Where have the profits gone? Market efficiency and the disappearing equity anomalies in country and industry returns	23
Share pledging and optimism in analyst earnings forecasts: Evidence from China	23
Corporate customer concentration and stock price crash risk	22
Contagion and tail risk in complex financial networks	22
Who goes green: Reducing mutual fund emissions and its consequences	22
Fear of hazards in commodity futures markets	22
Breaking the Bank? A Probabilistic Assessment of Euro Area Bank Profitability	22
Organization capital and executive performance incentives	22
Demand shock, speculative beta, and asset prices: Evidence from the Shanghai-Hong Kong Stock Connect program	22
Politicians’ hometown favoritism and corporate investments: The role of social identity	21
Where should I publish to get promoted? A finance journal ranking based on business school promotions	21

Does bank opacity affect lending?	21
The conditional impact of investor sentiment in global stock markets: A two-channel examination	21
Government support of banks and bank lending	21
Guidelines for asset pricing research using international equity data from Thomson Reuters Datastream	20
Ultimate ownership, crash risk, and split share structure reform in China	20
Does government debt impede firm innovation? Evidence from the rise of LGFVs in China	20
Do sustainable consumers prefer socially responsible investments? A study among the users of robo advisors	20
Where do banks value corporate social responsibility more? Evidence on the role of national culture	20
Zombies, again? The COVID-19 business support programs in Japan	20
Downside risk and the performance of volatility-managed portfolios	19
Experts or charlatans? ICO analysts and white paper informativeness	19
Market in Financial Instruments Directive (MiFID), stock price informativeness and liquidity	19
Dissecting climate risks: Are they reflected in stock prices?	19
Capital, risk and profitability of WAEMU banks: Does bank ownership matter?	19
Bank complexity, governance, and risk	19
Bank misconduct and online lending	19
The ordering of historical returns and the cross-section of subsequent returns	19
Government ownership and Venture Capital in China	19
Monetary policy announcements and market interest rates’ response: Evidence from China	18
Back to the future: Backtesting systemic risk measures during historical bank runs and the great depression	18
U.S. bank M&As in the post-Dodd–Frank Act era: Do they create value?	18
Curve momentum	18
Comparing high-dimensional conditional covariance matrices: Implications for portfolio selection	18
Artificial intelligence and systemic risk	18
Risk taking and low longer-term interest rates: Evidence from the U.S. syndicated term loan market	18
Are banking shocks contagious? Evidence from the eurozone	18
Short selling threat and corporate financing decisions	17
Centralized netting in financial networks	17
Market discipline, regulation and banking effectiveness: Do measures matter?	17
Do intangibles matter for corporate policies? Evidence from organization capital and corporate payout choices	17
Directors’ and officers’ liability insurance: Evidence from independent directors’ voting	17
International effects of a compression of euro area yield curves	17
Trading volume and liquidity provision in cryptocurrency markets	17
Number of brothers, risk sharing, and stock market participation	17
The effect of supply chain power on bank financing	17
Stakeholder orientation and corporate payout policy: Insights from state legal shocks	17
Don't talk too bad! stock market reactions to bank corporate governance news	17
VIX valuation and its futures pricing through a generalized affine realized volatility model with hidden components and jump	16
Delegated investment decisions and rankings	16
The other (commercial) real estate boom and bust: The effects of risk premia and regulatory capital arbitrage	16
The anatomy of financial vulnerabilities and banking crises	16
The real effects of capital inflows in emerging markets	16
The way forward for banks during the COVID-19 crisis and beyond: Government and central bank responses, threats to the global banking industry	16
Performance of default-risk measures: the sample matters	16
This time is really different: The multiplier effect of the Paycheck Protection Program (PPP) on small business bank loans	16
Inside the director network: When directors trade or hold inside, interlock, and unconnected stocks	16
Macroeconomic effects and frailties in the resolution of non-performing loans	16
Compounding COVID-19 and climate risks: The interplay of banks’ lending and government’s policy in the shock recovery	16
Putting the pension back in 401(k) retirement plans: Optimal versus default deferred longevity income annuities	16
Do executive compensation contracts maximize firm value? Indications from a quasi-natural experiment	16
Does macroprudential policy alleviate the adverse impact of COVID-19 on the resilience of banks?	15
Governance, board inattention, and the appointment of overconfident CEOs	15
Adjusted Expected Shortfall	15
Financial returns or social impact? What motivates impact investors’ lending to firms in low-income countries	15
Tuesday Blues and the day-of-the-week effect in stock returns	15
Operational Risk is More Systemic than You Think: Evidence from U.S. Bank Holding Companies	15
Supervisory enforcement actions against banks and systemic risk	15
The role of psychological barriers in lottery-related anomalies	14
Executive Equity Risk-Taking Incentives and Firms’ Choice of Debt Structure	14
Does quantitative easing affect market liquidity?	14
A non-elliptical orthogonal GARCH model for portfolio selection under transaction costs	14
(Un)intended consequences? The impact of the 2017 tax cuts and jobs act on shareholder wealth	14
Asset pricing and FOMC press conferences	14
Portfolio selection with parsimonious higher comoments estimation	14
Systemic risk and severe economic downturns: A targeted and sparse analysis	14
The cross-over effect of irrational sentiments in housing, commercial property, and stock markets	14
The regulation of prosocial lending: Are loan ceilings effective?	14
The impact of RMB’s SDR inclusion on price discovery in onshore-offshore markets	14
Relationship lending and SMEs’ funding costs over the cycle: Why diversification of borrowing matters	14
Why do private firms hold less cash than public firms? International evidence on cash holdings and borrowing costs	14
Corporate social responsibility and corporate misconduct	14
Forecasting VaR and ES using a joint quantile regression and its implications in portfolio allocation	14
The impact of interest rate risk on bank lending	14
A Practical Guide to harnessing the HAR volatility model	14
On the performance of cryptocurrency funds	13
Opening the black box – Quantile neural networks for loss given default prediction	13
The European Central Bank’s monetary pillar after the financial crisis	13
Generalists and specialists in the credit market	13
It’s a wonderful loan: local financial composition, community banks, and economic resilience	13
Public knowledge about and attitudes towards central bank independence in New Zealand	13

Financial crisis, Bank failures and corporate innovation	13
What's in a name? The valuation effect of directors’ sharing of surnames	13
On the term structure of liquidity in the European sovereign bond market	13
Suppliers as financial intermediaries: Trade credit for undervalued firms	13
The exclamation mark of Cain: Risk salience and mutual fund flows	13
CEO gender and employee relations: Evidence from labor lawsuits	13
Political uncertainty, market anomalies and Presidential honeymoons	13
The rise of domestic capital markets for corporate financing: Lessons from East Asia	13
Labor unions and corporate social responsibility	13
Large dynamic covariance matrices: Enhancements based on intraday data	12
Foreign ownership in Chinese credit ratings industry: Information revelation or certification?	12
Common ownership, price informativeness, and corporate investment	12
In the mood to consume: Effect of sunshine on credit card spending	12
Return comovement	12
Does espoused risk culture pay? Evidence from European banks	12
Stock extreme illiquidity and the cost of capital	12
Pandemic payment patterns	12
The Winner Takes It All: Investor Sentiment and the Eurovision Song Contest	12
Reserve balances, the federal funds market and arbitrage in the new regulatory framework	12
Market risk-based capital requirements, trading activity, and bank risk	12
Measuring financial interdependence in asset markets with an application to eurozone equities	12
Monetary policy’s rising FX impact in the era of ultra-low rates	11
Savings goals and wealth allocation in household financial portfolios	11
Dissecting the yield curve: The international evidence	11
Tax policy and innovation performance: Evidence from enactment of the alternative simplified credit	11
The impact of quantitative easing on liquidity creation	11
Housing networks and driving forces	11
Unemployment and aggregate stock returns	11
Local logit regression for loan recovery rate	11
Debt overhang, global growth opportunities, and investment	11
Do loan subsidies boost the real activity of small firms?	11
Does banks’ systemic importance affect their capital structure and balance sheet adjustment processes?	11
Product market threats and leverage adjustments	11
Social capital and the cost of bank equity: Cross-country evidence	11
Local banks and the effects of oil price shocks	11
China's no-bailout reform: Impact on bond yields and rating standards	11
Early warning or too late? A (pseudo-)real-time identification of leading indicators of financial stress	11
How financial shocks transmit to the real economy? Banking business models and firm size	11
Estimating beta: The international evidence	10
The role of investment bankers in M&As: New evidence on Acquirers’ financial conditions	10
Did QE lead banks to relax their lending standards? Evidence from the Federal Reserve’s LSAPs	10
Federal reserve intervention and systemic risk during financial crises	10
A shrinkage approach for Sharpe ratio optimal portfolios with estimation risks	10
Predicting catastrophe risk: Evidence from catastrophe bond markets	10
Does mortgage lending impact business credit? Evidence from a new disaggregated bank credit data set	10
Dodd-Franking the hedge Funds	10
Minority shareholder voting and dividend policy	10
Optimal collective investment: The impact of sharing rules, management fees and guarantees	10
Interactions between bank levies and corporate taxes: How is bank leverage affected?	10
Local banks as difficult-to-replace SME lenders: Evidence from bank corrective programs	10
Hazard stocks and expected returns	10
Card-sales response to merchant contactless payment acceptance	10
Management connectedness and corporate investment	10
Public guarantees to SME lending: Do broader eligibility criteria pay off?	10
Institutional investors’ horizon and equity-financed payouts	9
Till death (or divorce) do us part: Early-life family disruption and investment behavior	9
Hedging crash risk in optimal portfolio selection	9
The real effects of capital requirements and monetary policy: Evidence from the United Kingdom	9
The correlation structure of anomaly strategies	9
Insider trading and the legal expertise of corporate executives	9
The role of shadow banking in systemic risk in the European financial system	9
Winning connections? Special interests and the sale of failed banks	9
Does uniqueness in banking matter?	9
The reallocation effects of COVID-19: Evidence from venture capital investments around the world	9
Simulating fire sales in a system of banks and asset managers	9
Herding and China's market-wide circuit breaker	9
Product market competition, venture capital, and the success of entrepreneurial firms	9
The Complexity of Bank Holding Companies: A Topological Approach	9
Investment and financing decisions with learning-curve technology	9
Financial structures, banking regulations, and export dynamics	9
The illusion of oil return predictability: The choice of data matters!	9
Home, safe home: Cross-country monitoring framework for vulnerabilities in the residential real estate sector	9
How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America	9
Mortgage arrears, regulation and institutions: Cross-country evidence	9
Internet search, fund flows, and fund performance	9
Distressed firms, zombie firms and zombie lending: A taxonomy	9
Systematic stress tests on public data	9
What drives a firm's ES performance? Evidence from stock returns	9
Debiased expert forecasts in continuous-time asset allocation	9
COVID-19, lockdowns, and the municipal bond market	9
Public-private co-lending: Evidence from syndicated corporate loans	9
Breakup and default risks in the great lockdown	9
Asset pricing implications of money: New evidence	9
Why do firms issue guaranteed bonds?	9
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	8
Modeling asset returns under time-varying semi-nonparametric distributions	8
Stock-selection timing	8
Risk-adjusted return managed carry trade	8
Time is money: Real effects of relationship lending in a crisis	8
Can mutual funds profit from post earnings announcement drift? The role of competition	8
Geographic spillover of dominant firms’ shocks	8
The FOMC announcement returns on long-term US and German bond futures	8
Enhanced momentum strategies	8
Optimal portfolio choice for higher-order risk averters	8
The impacts of a large-scale financial education intervention on retirement saving behaviors and portfolio allocation: Evidence from pension fund data	8