Journal of Banking & Finance

Article	Citations
Geographic proximity and corporate investment efficiency: Evidence from high-speed rail construction in China	124
Political connections and corporate investments: Evidence from the recent anti-corruption campaign in China	124
Hedging geopolitical risk with precious metals	123
Banking sector performance during the COVID-19 crisis	114
Bank systemic risk around COVID-19: A cross-country analysis	108
Corporate social responsibility and market efficiency: Evidence from ESG and misvaluation measures	89
How connected is the global sovereign credit risk network?	82
The pricing of carbon risk in syndicated loans: Which risks are priced and why?	78
The impact of COVID-19 pandemic on bank lending around the world	72
Downside risk and the cross-section of cryptocurrency returns	69
CSR-contingent executive compensation contracts	60
Informational role of social media: Evidence from Twitter sentiment	60
Political corruption and corporate payouts	59
Gambling preferences and stock price crash risk: Evidence from China	57
How to measure the liquidity of cryptocurrency markets?	56
Bank liquidity creation and systemic risk	56
FinTech adoption and financial inclusion: Evidence from household consumption in China	54
Financial Sector Policy Response to COVID-19 in Emerging Markets and Developing Economies	54
I am a blockchain too: How does the market respond to companies’ interest in blockchain?	53
Inclusive banking, financial regulation and bank performance: Cross-country evidence	50
Corporate bond market reactions to quantitative easing during the COVID-19 pandemic	49
Top executive gender, board gender diversity, and financing decisions: Evidence from debt structure choice	49
Global syndicated lending during the COVID-19 pandemic	48
Common institutional ownership and corporate social responsibility	45
Family ownership during the Covid-19 pandemic	44

Intangible assets and capital structure	44
Corporate relationship spending and stock price crash risk: Evidence from China's anti-corruption campaign	44
COVID-19, volatility dynamics, and sentiment trading	40
Systemic risk and the COVID challenge in the european banking sector	40
The effects of mutual fund decarbonization on stock prices and carbon emissions	39
Does competition enhance the double-bottom-line performance of microfinance institutions?	38
Chasing the ESG factor	37
How does bank ownership affect firm investment? Evidence from China	36
Bank-based versus market-based financing: Implications for systemic risk	34
Market shocks and professionals’ investment behavior – Evidence from the COVID-19 crash	34
The dynamics of non-performing loans during banking crises: A new database with post-COVID-19 implications	33
Fintech and big tech credit: Drivers of the growth of digital lending	32
Cross-border capital flows and bank risk-taking	32
The impact of the ECB's targeted long-term refinancing operations on banks’ lending policies: The role of competition	30
Does Information Asymmetry Impede Market Efficiency? Evidence from Analyst Coverage	30
Banking stress test effects on returns and risks	30
Economic policy uncertainty and the supply of business loans	29
Market manipulation and innovation	29
The distributional effects of conventional monetary policy and quantitative easing: Evidence from an estimated DSGE model	28
Unpacking the black box of trade credit to socially responsible customers	28
Measuring multi-product banks’ market power using the Lerner index	28
Can reputation concern restrain bad news hoarding in family firms?	28
Liquidity and the cross-section of international stock returns	27
Bank credit supply and firm innovation behavior in the financial crisis	27
Forecasting short-run exchange rate volatility with monetary fundamentals: A GARCH-MIDAS approach	27
Corporate customer concentration and stock price crash risk	26
Do investors follow the herd in option markets?	26
COVID-19 and lending responses of European banks	25
Dissecting climate risks: Are they reflected in stock prices?	25
Share pledging and optimism in analyst earnings forecasts: Evidence from China	25
COVID-19, nonperforming loans, and cross-border bank lending	25
Where have the profits gone? Market efficiency and the disappearing equity anomalies in country and industry returns	25
Breaking the Bank? A Probabilistic Assessment of Euro Area Bank Profitability	25
Zombies, again? The COVID-19 business support programs in Japan	24
Politicians’ hometown favoritism and corporate investments: The role of social identity	24
The conditional impact of investor sentiment in global stock markets: A two-channel examination	24
Contagion and tail risk in complex financial networks	24
Artificial intelligence and systemic risk	23
Liquidity at risk: Joint stress testing of solvency and liquidity	23
Factor based commodity investing	23
Does bank opacity affect lending?	23
Experts or charlatans? ICO analysts and white paper informativeness	22
Organization capital and executive performance incentives	22
Who goes green: Reducing mutual fund emissions and its consequences	22
Fear of hazards in commodity futures markets	22
Government ownership and Venture Capital in China	22
Demand shock, speculative beta, and asset prices: Evidence from the Shanghai-Hong Kong Stock Connect program	22
Where do banks value corporate social responsibility more? Evidence on the role of national culture	21
Ultimate ownership, crash risk, and split share structure reform in China	21
Number of brothers, risk sharing, and stock market participation	21

Does government debt impede firm innovation? Evidence from the rise of LGFVs in China	21
The ordering of historical returns and the cross-section of subsequent returns	21
Guidelines for asset pricing research using international equity data from Thomson Reuters Datastream	21
Bank misconduct and online lending	21
Where should I publish to get promoted? A finance journal ranking based on business school promotions	21
U.S. bank M&As in the post-Dodd–Frank Act era: Do they create value?	20
Do sustainable consumers prefer socially responsible investments? A study among the users of robo advisors	20
Capital, risk and profitability of WAEMU banks: Does bank ownership matter?	20
Trading volume and liquidity provision in cryptocurrency markets	20
Market in Financial Instruments Directive (MiFID), stock price informativeness and liquidity	19
Monetary policy announcements and market interest rates’ response: Evidence from China	19
Bank complexity, governance, and risk	19
Downside risk and the performance of volatility-managed portfolios	19
Curve momentum	19
The effect of supply chain power on bank financing	18
Risk taking and low longer-term interest rates: Evidence from the U.S. syndicated term loan market	18
Don't talk too bad! stock market reactions to bank corporate governance news	18
Short selling threat and corporate financing decisions	18
International effects of a compression of euro area yield curves	18
Comparing high-dimensional conditional covariance matrices: Implications for portfolio selection	18
Do intangibles matter for corporate policies? Evidence from organization capital and corporate payout choices	18
The real effects of capital inflows in emerging markets	18
Directors’ and officers’ liability insurance: Evidence from independent directors’ voting	18
Back to the future: Backtesting systemic risk measures during historical bank runs and the great depression	18
Executive Equity Risk-Taking Incentives and Firms’ Choice of Debt Structure	17
VIX valuation and its futures pricing through a generalized affine realized volatility model with hidden components and jump	17
Delegated investment decisions and rankings	17
Stakeholder orientation and corporate payout policy: Insights from state legal shocks	17
Market discipline, regulation and banking effectiveness: Do measures matter?	17
Compounding COVID-19 and climate risks: The interplay of banks’ lending and government’s policy in the shock recovery	17
Adjusted Expected Shortfall	17
The way forward for banks during the COVID-19 crisis and beyond: Government and central bank responses, threats to the global banking industry	17
Performance of default-risk measures: the sample matters	17
Inside the director network: When directors trade or hold inside, interlock, and unconnected stocks	16
Does macroprudential policy alleviate the adverse impact of COVID-19 on the resilience of banks?	16
It’s a wonderful loan: local financial composition, community banks, and economic resilience	16
Do executive compensation contracts maximize firm value? Indications from a quasi-natural experiment	16
Tuesday Blues and the day-of-the-week effect in stock returns	16
Pandemic payment patterns	16
Putting the pension back in 401(k) retirement plans: Optimal versus default deferred longevity income annuities	16
(Un)intended consequences? The impact of the 2017 tax cuts and jobs act on shareholder wealth	16
Financial returns or social impact? What motivates impact investors’ lending to firms in low-income countries	16
This time is really different: The multiplier effect of the Paycheck Protection Program (PPP) on small business bank loans	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
On the performance of cryptocurrency funds	15
Common ownership, price informativeness, and corporate investment	15
A Practical Guide to harnessing the HAR volatility model	15
Suppliers as financial intermediaries: Trade credit for undervalued firms	15
The role of psychological barriers in lottery-related anomalies	15
A non-elliptical orthogonal GARCH model for portfolio selection under transaction costs	15
Governance, board inattention, and the appointment of overconfident CEOs	15
Asset pricing and FOMC press conferences	15
Relationship lending and SMEs’ funding costs over the cycle: Why diversification of borrowing matters	14
Portfolio selection with parsimonious higher comoments estimation	14
Systemic risk and severe economic downturns: A targeted and sparse analysis	14
Does quantitative easing affect market liquidity?	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
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
Opening the black box – Quantile neural networks for loss given default prediction	14
The cross-over effect of irrational sentiments in housing, commercial property, and stock markets	14
The impact of RMB’s SDR inclusion on price discovery in onshore-offshore markets	14
The exclamation mark of Cain: Risk salience and mutual fund flows	14
CEO gender and employee relations: Evidence from labor lawsuits	14
Does espoused risk culture pay? Evidence from European banks	14
The regulation of prosocial lending: Are loan ceilings effective?	14
Monetary policy’s rising FX impact in the era of ultra-low rates	13
Political uncertainty, market anomalies and Presidential honeymoons	13
What's in a name? The valuation effect of directors’ sharing of surnames	13
Public knowledge about and attitudes towards central bank independence in New Zealand	13
The rise of domestic capital markets for corporate financing: Lessons from East Asia	13
Labor unions and corporate social responsibility	13
Financial crisis, Bank failures and corporate innovation	13
The European Central Bank’s monetary pillar after the financial crisis	13
On the term structure of liquidity in the European sovereign bond market	13
Large dynamic covariance matrices: Enhancements based on intraday data	12
Local logit regression for loan recovery rate	12
Minority shareholder voting and dividend policy	12

Housing networks and driving forces	12
The Winner Takes It All: Investor Sentiment and the Eurovision Song Contest	12
Local banks and the effects of oil price shocks	12
In the mood to consume: Effect of sunshine on credit card spending	12
Product market threats and leverage adjustments	12
Reserve balances, the federal funds market and arbitrage in the new regulatory framework	12
Foreign ownership in Chinese credit ratings industry: Information revelation or certification?	12
Measuring financial interdependence in asset markets with an application to eurozone equities	12
Management connectedness and corporate investment	11
Unemployment and aggregate stock returns	11
Social capital and the cost of bank equity: Cross-country evidence	11
Tax policy and innovation performance: Evidence from enactment of the alternative simplified credit	11
Early warning or too late? A (pseudo-)real-time identification of leading indicators of financial stress	11
Dissecting the yield curve: The international evidence	11
Debt overhang, global growth opportunities, and investment	11
The impact of quantitative easing on liquidity creation	11
Does banks’ systemic importance affect their capital structure and balance sheet adjustment processes?	11
Distressed firms, zombie firms and zombie lending: A taxonomy	11
Savings goals and wealth allocation in household financial portfolios	11
China's no-bailout reform: Impact on bond yields and rating standards	11
Do loan subsidies boost the real activity of small firms?	11
How financial shocks transmit to the real economy? Banking business models and firm size	11
The reallocation effects of COVID-19: Evidence from venture capital investments around the world	10
Capital account liberalization, financial dependence and technological innovation: Cross-country evidence	10
Public guarantees to SME lending: Do broader eligibility criteria pay off?	10
Estimating beta: The international evidence	10
Local banks as difficult-to-replace SME lenders: Evidence from bank corrective programs	10
Investment and financing decisions with learning-curve technology	10
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	10
Federal reserve intervention and systemic risk during financial crises	10
Mortgage arrears, regulation and institutions: Cross-country evidence	10
Herding and China's market-wide circuit breaker	10
Optimal collective investment: The impact of sharing rules, management fees and guarantees	10
Does mortgage lending impact business credit? Evidence from a new disaggregated bank credit data set	10
COVID-19, lockdowns, and the municipal bond market	10
The role of investment bankers in M&As: New evidence on Acquirers’ financial conditions	10
The role of shadow banking in systemic risk in the European financial system	10
Card-sales response to merchant contactless payment acceptance	10
A shrinkage approach for Sharpe ratio optimal portfolios with estimation risks	10
Predicting catastrophe risk: Evidence from catastrophe bond markets	10
Interactions between bank levies and corporate taxes: How is bank leverage affected?	10
Hazard stocks and expected returns	10
Dodd-Franking the hedge Funds	10
The illusion of oil return predictability: The choice of data matters!	10
Did QE lead banks to relax their lending standards? Evidence from the Federal Reserve’s LSAPs	10
The R&D anomaly: Risk or mispricing?	9
Forecasting Value at Risk and expected shortfall using a model with a dynamic omega ratio	9
Asset pricing implications of money: New evidence	9
Internet search, fund flows, and fund performance	9
Stock liquidity and algorithmic market making during the COVID-19 crisis	9
Systematic stress tests on public data	9
Environmental regulation and financial stability: Evidence from Chinese manufacturing firms	9
Product market competition, venture capital, and the success of entrepreneurial firms	9
Public-private co-lending: Evidence from syndicated corporate loans	9
The correlation structure of anomaly strategies	9
The FOMC announcement returns on long-term US and German bond futures	9
Winning connections? Special interests and the sale of failed banks	9
How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America	9
Why do firms issue guaranteed bonds?	9
Till death (or divorce) do us part: Early-life family disruption and investment behavior	9
Derivative cash flows and corporate investment	9
Digital finance and financial literacy: Evidence from Chinese households	9
Debiased expert forecasts in continuous-time asset allocation	9
Insider trading and the legal expertise of corporate executives	9
Financial structures, banking regulations, and export dynamics	9
Breakup and default risks in the great lockdown	9
Does uniqueness in banking matter?	9
COVID-19 and bank branch lending: The moderating effect of digitalization	9
Institutional investors’ horizon and equity-financed payouts	9
Simulating fire sales in a system of banks and asset managers	9
What drives a firm's ES performance? Evidence from stock returns	9
The real effects of capital requirements and monetary policy: Evidence from the United Kingdom	9
Housing property rights, collateral, and entrepreneurship: Evidence from China	9
Firm-level investor sentiment and corporate announcement returns	9
Information asymmetry and the profitability of technical analysis	8
Modeling asset returns under time-varying semi-nonparametric distributions	8
Optimal portfolio choice for higher-order risk averters	8
Expected and Unexpected Jumps in the Overnight Rate: Consistent Management of the Libor Transition	8
Opacity and risk-taking: Evidence from Norway	8
Country governance and international equity returns	8
How do macroprudential loan-to-value restrictions impact first time home buyers? A quasi-experimental approach	8
COVID-19 Pandemic and Global Corporate CDS Spreads	8
Can mutual funds profit from post earnings announcement drift? The role of competition	8
Does competition induce analyst effort? evidence from a natural experiment of broker mergers	8
The impacts of a large-scale financial education intervention on retirement saving behaviors and portfolio allocation: Evidence from pension fund data	8
The Complexity of Bank Holding Companies: A Topological Approach	8
False hopes and blind beliefs: How political connections affect China's corporate bond market	8
Beta uncertainty	8
Enhanced momentum strategies	8
Stock-selection timing	8
Geographic spillover of dominant firms’ shocks	8
Risk-adjusted return managed carry trade	8
Informational switching costs, bank competition, and the cost of finance	8
Regret-based capital asset pricing model	8
The effects of an increase in equity tick size on stock and option transaction costs	8