Journal of Banking & Finance

Article	Citations
How should we measure the performance of corporate bond mutual funds? Evaluating model quality and impact on inferences	296
Market discipline and regulatory arbitrage: Evidence from ABCP liquidity guarantors	239
Award-winning CEOs and corporate innovation	231
Leveling the playing field? The effect of disclosing fund manager activeness to individual investors	151
Banks incentive pay, diversification and systemic risk	150
Timing sentiment with style: Evidence from mutual funds	111
Quality is our asset: The international transmission of liquidity regulation	107
Supervisory stringency, payout restrictions, and bank equity prices	99
Banks’ investments in fintech ventures	97
Predicting stock returns of past-winner stocks and bond returns of past-loser stocks with a stock’s 52-week price anchor	92
Canonical portfolios: Optimal asset and signal combination	86
Dealer misconduct and price dynamics at the fix	74
Trade policy sensitivity and global stock returns: Evidence from the 2016 U.S. Presidential election	74
Biased risk perceptions: Evidence from the laboratory and financial markets	71
Dark premonitions: Pre-bankruptcy investor attention and behavior	67
Dissecting the return-predicting power of risk-neutral variance	66
Demographic trends, the rent-to-price ratio, and housing market returns	64
A tale of two banking regulations: Impact of regulatory overlap on the analysis of liquidity creation	64
Expected and Unexpected Jumps in the Overnight Rate: Consistent Management of the Libor Transition	60
Social capital, finance, and consumption: Evidence from a representative sample of Chinese households	60
Financial development and wage income: Evidence from the global football market	55
The case for CASE: Estimating heterogeneous systemic effects	54
Political relations and media coverage	50
Competition, coinsurance and moral hazard in banking	50
Risk-taking incentives and risk-talking outcomes	49

Human capital quality and stock returns	49
Drought, water, and the valuation of hydropower assets	46
A new approach to credit ratings	46
Available-for-sale is available for hoarding: When nonfinancial firms hold financial assets	46
Country financial development and the extension of trade credit by firms with market power	45
Buy low, sell high? Do private equity fund managers have market timing abilities?	45
Familiarity breeds day trade	45
How free is free? Retail trading costs with zero commissions	40
Religion and insider trading profits	39
Variation in the value of active share across regions of investments: Evidence from global equity funds	38
The dark side of bank taxes	38
Do stock-level experienced returns influence security selection?	37
The effect of institutional herding on stock prices: The differentiating role of credit ratings	37
Impact of Price Path on Disposition Bias	37
Common institutional blockholders and tail risk	36
Stress tests and information disclosure: An experimental analysis	36
Money market reforms:The effect on the commercial paper market	36
Editorial Board	35
Experiments in finance	34
Gender composition and conflicts of interest in the financial industry: Evidence from analysts’ target price optimism	33
Sign matters: Stock-movement-based trading decisions of individual investors	32
Pension funding and the cross section of stock returns - The case of Germany	32
Modeling the time-varying dynamic term structure of interest rates	32
Exploiting the dynamics of commodity futures curves	31
Signal strength adjustment behavior: Evidence from share repurchases	31
How do experienced analysts improve price efficiency?	31
Does FinTech coverage improve the pricing efficiency of capital market? Evidence from China	31
Trading volume and liquidity provision in cryptocurrency markets	31
Intraday momentum in the VIX futures market	31
Corporate noncompliance: Do corporate violations affect bank loan contracting?	31
Employment Protection and Household Mortgage Debt	31
Fintech and big tech credit: Drivers of the growth of digital lending	30
The gradient allocation principle based on the higher moment risk measure	30
Option introduction, short-sale constraints, and stock price efficiency: New evidence from IPO lockup periods	29
Lease-adjusted productivity measurement	29
Heterogeneous inflation and deflation experiences and savings decisions during German industrialization	29
Editorial Board	29
Capital requirements, mortgage rates and house prices	28
The role of CDS spreads in explaining bond recovery rates	28
Market-based private equity returns	27
Leveraging intellectual property: The value of harmonized enforcement regimes	27
Shadow loans and regulatory arbitrage: Evidence from China	26
Operational loss recoveries and the macroeconomic environment: Evidence from the U.S. banking sector	26
A large creditor in contagious liquidity crises	26
Complexity and the default risk of mortgage-backed securities	26
A revisit to the IPO spillover effect: On the importance of technological proximity	26
Cross-asset time-series momentum: Crude oil volatility and global stock markets	25
Asset management with an ESG mandate	25
Global weather-based trading strategies	25
Good idiosyncratic volatility, bad idiosyncratic volatility, and the cross-section of stock returns	23

Economic policy uncertainty and corporate bond liquidity	23
Bank affiliation and timing ability of mutual funds: Evidence from China	22
Natural disasters and market manipulation	22
Belief dispersion in the Chinese stock market and fund flows	22
Do foreign institutions avoid investing in poorly CSR-performing firms?	22
Government guarantees and bank liquidity creation around the world	21
Algorithmic trading and market quality: International evidence of the impact of errors in colocation dates	21
Patented knowledge capital and implied equity risk premium	21
Bank competition and corporate employment: Evidence from the geographic distribution of bank branches in China	21
Do local investors know more? Evidence from securities class actions	21
Editorial Board	21
The more, the better? Predicting stock returns with local and global data	21
Editorial Board	21
Uncertain Text and Price Reactions to Earnings Releases	20
Erratum to “Corporate voluntary disclosure via WeChat” [Journal of Banking & Finance 176 (2025)/107393]	20
Can star analysts make superior coverage decisions in poor information environment?	20
Impact of risk oversight functions on bank risk: Evidence from the Dodd-Frank Act	20
The good, the bad, and the not-so-ugly of credit booms?: capital allocation and financial constraints	20
Effects of macroprudential policy: Evidence from over 6000 estimates	20
The effect of bank recapitalization policy on credit allocation, investment, and productivity: Evidence from a banking crisis in Japan	20
Nudging a second after	20
Does maker-taker limit order subsidy improve market outcomes? Quasi-natural experimental evidence	19
The effect of labour protection laws on the relationship between leverage and wages	19
Leverage constraints and investors' choice of underlyings	19
Global foreign exchange volatility, ambiguity, and currency carry trades	19
Inventor CEOs and financing of innovation: Evidence from IPOs	19
Cross-country determinants of market efficiency: A technical analysis perspective	19
Life insurance convexity	19
What can we learn from firm-level jump-induced tail risk around earnings announcements?	19
Central bank liquidity facilities and market making	19
Social capital and the cost of bank equity: Cross-country evidence	19
Does government debt impede firm innovation? Evidence from the rise of LGFVs in China	18
Information spillovers and cross monitoring between the stock market and loan market	18
Back to the roots of internal credit risk models: Does risk explain why banks' risk-weighted asset levels converge over time?	18
A stochastic programming model for dynamic portfolio management with financial derivatives	18
Information acquisition costs and credit spreads	18
Option-based intermediary leverage	18
Digital finance and financial literacy: Evidence from Chinese households	18
Foreign bank lending during COVID-19	17
Easing of borrower-based measures: Evidence from Czech loan-level data	17
A bank's optimal capital ratio: A time-varying parameter model to the partial adjustment framework	17
Social connections and bank deposits	17
Reprint of: COVID-19, lockdowns, and the municipal bond market	17
Trust in Founders	17
Structural estimation of counterparty credit risk under recovery risk	17
How much do boards learn about CEO ability in crises? Evidence from CEO turnover	16
Non‐operating risk and cash holdings: Evidence from pension risk	16
Have ratings become more accurate?	16
Demand for financial advice: Evidence from a randomized choice experiment	16
Can Real Options Explain the Skewness of Stock Returns?	16
Industrial policy and asset prices: Evidence from the Made in China 2025 policy	16
When It Rains It Drains: Psychological Distress and Household Net Worth	15
Bank regulation and supervision: A symbiotic relationship	15
Distressed firms, zombie firms and zombie lending: A taxonomy	15
Game in another town: Geography of stock watchlists and firm valuation	15
The tax shield increases the interest rate	15
Board gender diversity and equity-based compensation	15
A test of the Modigliani-Miller theorem, dividend policy and algorithmic arbitrage in experimental asset markets	15
Artificial intelligence and systemic risk	15
Blockholder board representation and debt contracting	15
Fund Flows and Asset Valuations of Bond Mutual Funds: Effect of Side-by-Side Management	15
Personal income tax and corporate innovation: The key role of inventors’ financial incentives	15
Chasing the ESG factor	15
Corporate restructuring and creditor power: Evidence from European insolvency law reforms	15
Economic policy uncertainty and covenants in venture capital contracts	15
Financial liberalization and house prices: Evidence from China	15
Stock market experience and investor overconfidence: Do investors learn to be overconfident?	14
Personal bankruptcy and post-bankruptcy liquidity constraint	14
Editorial Board	14
IPO underpricing and limited attention: Theory and evidence	14
Do internal capital markets in business groups mitigate firms' financial constraints?	14
Discretion in pay ratio estimation	14
Editorial Board	14
Editorial Board	14
Strategic supply management and mechanism choice in government debt auctions: An empirical analysis from the Philippines	14
Detecting political event risk in the option market	14
When school ties meet geography: Education-province bias in mutual fund portfolios	14
Banking Market Structure and Trade Shocks	14
Measuring the impact of changing deposit insurance coverage levels: Findings from Colombia	14
Editorial Board	14

Disclosure rules, controlling shareholders, and trading activity in the new issues market	14
Crowdedness, mispricing, crashes, and spikes	14
Incentive contracting in the shadow of litigation risk: Evidence from universal demand laws	14
Vulnerable funding in the global economy	13
Reprint of: Delegated asset management and performance when some investors are unsophisticated	13
How does corporate culture affect IPO price formation?	13
The sources of value creation in acquisitions of intangible assets	13
Economic activity and the bank credit channel	13
COVID-19 and bank branch lending: The moderating effect of digitalization	13
Editorial Board	13
Bidder opportunism, familiarity, and the M&A payment choice	13
When should retirees tap their home equity?	13
Editorial Board	13
The Banker’s oath and financial advice	13
In Memoria Giorgio and Emilia Szegő A special issue on institutions, risk measures, and portfolio optimization	13
The capital gain lock-in effect and seasoned equity offerings	13
Newswire tone-overlay commodity portfolios	13
Leverage and the cost of capital for U.S. banks	13
Marginals versus copulas: Which account for more model risk in multivariate risk forecasting?	13
Banking relationship, information reusability, and acquisition loans	12
Enhanced momentum strategies	12
Does regulatory and supervisory independence affect financial stability?	12
What are reference rates for?	12
Coherent risk measures alone are ineffective in constraining portfolio losses	12
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	12
Is lending distance really changing? Distance dynamics and loan composition in small business lending	12
Editorial Board	12
The up side of being down: Depression and crowdsourced forecasts	12
When expectations of implicit government guarantees diminished, do retail stock investors run away?	12
Longs, shorts, and the cross-section of stock returns	11
Does options trading stabilize stock prices? : Evidence from a natural experiment	11
Fiduciary duty and corporate social responsibility: Evidence from corporate opportunity waiver	11
Modeling and pricing credit risk with a focus on recovery risk	11
Forecasting Value at Risk and expected shortfall using a model with a dynamic omega ratio	11
Assessing and mitigating fire sales risk under partial information	11
What drives the dispersion anomaly?	11
The market for corporate control and firm information environment: Evidence from five decades of data	11
PayTech on BigTech platforms	11
Do Hedge Funds Value Sell-Side Analysts Differently?	11
Debt-stabilizing properties of GDP-linked securities: A macro-finance perspective	11
CEO relative age at school entry and corporate risk-taking	11
Editorial Board	11
Global evidence on unspanned macro risks in dynamic term structure models	11
Low interest rates and banks’ interest margins: Does belonging to a banking group matter?	11
Is bank misconduct related to social capital? Evidence from U.S. banks	11
Short selling and product market competition	11
4/2 rough and smooth	11
Financial misconduct and bank risk-taking: Evidence from US banks	10
Air pollution and bank loan pricing	10
Impact of sovereign credit ratings on systemic risk and the moderating role of regulatory reforms: An international investigation	10
Stock valuation during the COVID-19 pandemic: An explanation using option-based discount rates	10
Insider trading regulation and shorting constraints. Evaluating the joint effects of two market interventions.	10
Cybercrime on the ethereum blockchain	10
Political promotion incentives and banking supervision: Evidence from a quasi-natural experiment in China	10
A stochastic model for predicting the response time of green vs brown stocks to climate change news risk	10
Stock market liberalization and corporate investment revisited: Evidence from China	10
The value of growth: Changes in profitability and future stock returns	10
How do markets react to tighter bank capital requirements?	10
National culture of secrecy and firms’ access to credit	10
Strategic repurchases and equity sales: Evidence from equity vesting schedules	10
Optimal information production of mutual funds: Evidence from China	10
Bank-specific capital requirements and capital management from 1989-2013: Further evidence from the UK	10
Investor sentiment and asset prices: Evidence from the ex-day	10
Household willingness to take financial risk: Stockmarket movements and life‐cycle effects	10
A shadow rate without a lower bound constraint	10
Sustainable finance literacy and the determinants of sustainable investing	10
ESG and bond market resilience: Evidence from the Covid crisis	10
The impact of managerial myopia on cybersecurity: Evidence from data breaches	10
Editorial Board	10
Credit derivatives and corporate default prediction	10
Uncertainty premia for small and large risks	10
Bank levy and household risk-aversion	9
Compounding COVID-19 and climate risks: The interplay of banks’ lending and government’s policy in the shock recovery	9
Motivated beliefs about stock returns	9
International information flow and market quality	9
A hidden cost of ETF investing: Retail demand shocks and limits to arbitrage	9
Debt restructuring with multiple bank relationships	9
Risk-based deposit insurance, deposit rates and bank failures: Evidence from Russia	9
Investor heterogeneity and the market for fund benchmarks: Evidence from passive ETFs	9
Central bank policies and financial markets: Lessons from the euro crisis	9
What drives startup valuations?	9
Corporate culture and M&A deals: Using text from crowdsourced employer reviews to measure cultural differences	9
Geographic proximity and corporate investment efficiency: Evidence from high-speed rail construction in China	9
Optimal restrictiveness of a financing covenant	9
Operational Risk is More Systemic than You Think: Evidence from U.S. Bank Holding Companies	9
How cheap talk in climate disclosures relates to climate initiatives, corporate emissions, and reputation risk	9
Editorial Board	9
The demise of branch banking – Technology, consolidation, bank fragility	9
Geographic deregulation and bank capital structure	9
Housing booms and local capital misallocation	8
Social trust distance in mergers and acquisitions	8
Borrowing on the wrong side of the tracks: Evidence from mortgage loan discontinuities	8
Information precision and return co-movements in private commercial real estate markets	8
The evolution of bidder gains and acquisition discounts in M&A	8
Why do firms issue callable convertible bonds? A critique of the “backdoor equity financing” theory	8