Journal of Banking & Finance

Article	Citations
Geographic proximity and corporate investment efficiency: Evidence from high-speed rail construction in China	148
Bank systemic risk around COVID-19: A cross-country analysis	138
Banking sector performance during the COVID-19 crisis	134
Corporate social responsibility and market efficiency: Evidence from ESG and misvaluation measures	121
The pricing of carbon risk in syndicated loans: Which risks are priced and why?	112
The impact of COVID-19 pandemic on bank lending around the world	94
FinTech adoption and financial inclusion: Evidence from household consumption in China	86
Downside risk and the cross-section of cryptocurrency returns	85
Gambling preferences and stock price crash risk: Evidence from China	81
Informational role of social media: Evidence from Twitter sentiment	79
How to measure the liquidity of cryptocurrency markets?	73
Bank liquidity creation and systemic risk	72
Top executive gender, board gender diversity, and financing decisions: Evidence from debt structure choice	69
Political corruption and corporate payouts	69
Common institutional ownership and corporate social responsibility	68
Inclusive banking, financial regulation and bank performance: Cross-country evidence	63
Financial Sector Policy Response to COVID-19 in Emerging Markets and Developing Economies	61
Dissecting climate risks: Are they reflected in stock prices?	60
Corporate bond market reactions to quantitative easing during the COVID-19 pandemic	59
CSR-contingent executive compensation contracts	58
COVID-19, volatility dynamics, and sentiment trading	55
The effects of mutual fund decarbonization on stock prices and carbon emissions	54
Family ownership during the Covid-19 pandemic	54
Chasing the ESG factor	53
Global syndicated lending during the COVID-19 pandemic	52

Fintech and big tech credit: Drivers of the growth of digital lending	48
The dynamics of non-performing loans during banking crises: A new database with post-COVID-19 implications	47
Systemic risk and the COVID challenge in the european banking sector	47
Economic policy uncertainty and the supply of business loans	40
Market shocks and professionals’ investment behavior – Evidence from the COVID-19 crash	40
COVID-19, nonperforming loans, and cross-border bank lending	36
Market manipulation and innovation	36
The impact of the ECB's targeted long-term refinancing operations on banks’ lending policies: The role of competition	35
Who goes green: Reducing mutual fund emissions and its consequences	34
Zombies, again? The COVID-19 business support programs in Japan	34
Government ownership and Venture Capital in China	34
Politicians’ hometown favoritism and corporate investments: The role of social identity	34
Do sustainable consumers prefer socially responsible investments? A study among the users of robo advisors	34
Share pledging and optimism in analyst earnings forecasts: Evidence from China	33
COVID-19 and lending responses of European banks	33
Bank credit supply and firm innovation behavior in the financial crisis	33
Contagion and tail risk in complex financial networks	31
Digital finance and financial literacy: Evidence from Chinese households	31
Does government debt impede firm innovation? Evidence from the rise of LGFVs in China	31
Liquidity and the cross-section of international stock returns	30
The conditional impact of investor sentiment in global stock markets: A two-channel examination	30
Breaking the Bank? A Probabilistic Assessment of Euro Area Bank Profitability	30
Artificial intelligence and systemic risk	29
Organization capital and executive performance incentives	29
Experts or charlatans? ICO analysts and white paper informativeness	28
Don't talk too bad! stock market reactions to bank corporate governance news	28
Where have the profits gone? Market efficiency and the disappearing equity anomalies in country and industry returns	28
Do intangibles matter for corporate policies? Evidence from organization capital and corporate payout choices	27
The ordering of historical returns and the cross-section of subsequent returns	26
Performance of default-risk measures: the sample matters	26
The way forward for banks during the COVID-19 crisis and beyond: Government and central bank responses, threats to the global banking industry	24
Demand shock, speculative beta, and asset prices: Evidence from the Shanghai-Hong Kong Stock Connect program	24
GHG emissions and firm performance: The role of CEO gender socialization	24
Downside risk and the performance of volatility-managed portfolios	24
Trading volume and liquidity provision in cryptocurrency markets	24
Bank complexity, governance, and risk	24
A Practical Guide to harnessing the HAR volatility model	24
It’s a wonderful loan: local financial composition, community banks, and economic resilience	23
Market discipline, regulation and banking effectiveness: Do measures matter?	23
Operational Risk is More Systemic than You Think: Evidence from U.S. Bank Holding Companies	23
Directors’ and officers’ liability insurance: Evidence from independent directors’ voting	22
Financial returns or social impact? What motivates impact investors’ lending to firms in low-income countries	22
Guidelines for asset pricing research using international equity data from Thomson Reuters Datastream	22
CEO gender and employee relations: Evidence from labor lawsuits	22
Compounding COVID-19 and climate risks: The interplay of banks’ lending and government’s policy in the shock recovery	22
Does quantitative easing affect market liquidity?	21
The exclamation mark of Cain: Risk salience and mutual fund flows	21
Does macroprudential policy alleviate the adverse impact of COVID-19 on the resilience of banks?	21
U.S. bank M&As in the post-Dodd–Frank Act era: Do they create value?	21
Large dynamic covariance matrices: Enhancements based on intraday data	20

Distressed firms, zombie firms and zombie lending: A taxonomy	20
Real estate security token offerings and the secondary market: Driven by crypto hype or fundamentals?	20
Executive Equity Risk-Taking Incentives and Firms’ Choice of Debt Structure	20
Does espoused risk culture pay? Evidence from European banks	20
On the performance of cryptocurrency funds	20
Opening the black box – Quantile neural networks for loss given default prediction	20
Adjusted Expected Shortfall	19
Supervisory enforcement actions against banks and systemic risk	19
Stakeholder orientation and corporate payout policy: Insights from state legal shocks	19
Monetary policy’s rising FX impact in the era of ultra-low rates	19
Pandemic payment patterns	19
Tuesday Blues and the day-of-the-week effect in stock returns	19
What's in a name? The valuation effect of directors’ sharing of surnames	19
Systemic risk and severe economic downturns: A targeted and sparse analysis	19
Labor unions and corporate social responsibility	19
Suppliers as financial intermediaries: Trade credit for undervalued firms	18
Delegated investment decisions and rankings	18
What drives stock market participation? The role of institutional, traditional, and behavioral factors	18
Risk taking and low longer-term interest rates: Evidence from the U.S. syndicated term loan market	18
Corporate social responsibility and corporate misconduct	18
What drives a firm's ES performance? Evidence from stock returns	17
Common ownership, price informativeness, and corporate investment	17
Minority shareholder voting and dividend policy	17
Informational switching costs, bank competition, and the cost of finance	17
A non-elliptical orthogonal GARCH model for portfolio selection under transaction costs	17
The reallocation effects of COVID-19: Evidence from venture capital investments around the world	17
Financial crisis, Bank failures and corporate innovation	17
Firm-level investor sentiment and corporate announcement returns	17
Forecasting VaR and ES using a joint quantile regression and its implications in portfolio allocation	16
Relationship lending and SMEs’ funding costs over the cycle: Why diversification of borrowing matters	16
Tax policy and innovation performance: Evidence from enactment of the alternative simplified credit	16
Measuring financial interdependence in asset markets with an application to eurozone equities	16
Product market threats and leverage adjustments	16
The regulation of prosocial lending: Are loan ceilings effective?	16
Savings goals and wealth allocation in household financial portfolios	15
The role of shadow banking in systemic risk in the European financial system	15
The European Central Bank’s monetary pillar after the financial crisis	15
Local banks and the effects of oil price shocks	15
Do loan subsidies boost the real activity of small firms?	15
In the mood to consume: Effect of sunshine on credit card spending	15
Actions speak louder than words: Environmental law enforcement externalities and access to bank loans	15
The rise of domestic capital markets for corporate financing: Lessons from East Asia	15
The impact of RMB’s SDR inclusion on price discovery in onshore-offshore markets	14
Asset pricing and FOMC press conferences	14
Portfolio selection with parsimonious higher comoments estimation	14
This time is really different: The multiplier effect of the Paycheck Protection Program (PPP) on small business bank loans	14
Estimating beta: The international evidence	14
The impact of quantitative easing on liquidity creation	14
COVID-19 and bank branch lending: The moderating effect of digitalization	14
Corporate culture and firm value: Evidence from crisis	14
Market power and bank systemic risk: Role of securitization and bank capital	14
Unemployment and aggregate stock returns	14
Debt overhang, global growth opportunities, and investment	14
Early warning or too late? A (pseudo-)real-time identification of leading indicators of financial stress	14
How financial shocks transmit to the real economy? Banking business models and firm size	14
Does banks’ systemic importance affect their capital structure and balance sheet adjustment processes?	14
Housing networks and driving forces	14
Till death (or divorce) do us part: Early-life family disruption and investment behavior	14
COVID-19, lockdowns, and the municipal bond market	14
Optimal collective investment: The impact of sharing rules, management fees and guarantees	13
Social capital and the cost of bank equity: Cross-country evidence	13
The evolution of price discovery in an electronic market	13
Time is money: Real effects of relationship lending in a crisis	13
Enhancement in a firm's information environment via options trading and the efficiency of corporate investment	13
Capital account liberalization, financial dependence and technological innovation: Cross-country evidence	13
Local logit regression for loan recovery rate	13
China's no-bailout reform: Impact on bond yields and rating standards	13
COVID-19 Pandemic and Global Corporate CDS Spreads	13
The effect of uncertainty on stock market volatility and correlation	13
Predicting catastrophe risk: Evidence from catastrophe bond markets	13
Environmental regulation and financial stability: Evidence from Chinese manufacturing firms	13
Housing property rights, collateral, and entrepreneurship: Evidence from China	13
Asset pricing implications of money: New evidence	13
Hazard stocks and expected returns	12
A shadow rate without a lower bound constraint	12
Does uniqueness in banking matter?	12
Return on investment on artificial intelligence: The case of bank capital requirement	12
Do internal capital markets in business groups mitigate firms' financial constraints?	12
Dissecting the yield curve: The international evidence	12
Insider trading and the legal expertise of corporate executives	12

Bank capital requirements and lending in emerging markets: The role of bank characteristics and economic conditions	12
The Winner Takes It All: Investor Sentiment and the Eurovision Song Contest	12
Public guarantees to SME lending: Do broader eligibility criteria pay off?	12
Forecasts of the real price of oil revisited: Do they beat the random walk?	12
Local banks as difficult-to-replace SME lenders: Evidence from bank corrective programs	12
The illusion of oil return predictability: The choice of data matters!	12
Does non-punitive regulation diminish stock price crash risk?	12
Political corruption, trust, and household stock market participation	12
Herding and China's market-wide circuit breaker	12
Bank competition and corporate employment: Evidence from the geographic distribution of bank branches in China	11
Did QE lead banks to relax their lending standards? Evidence from the Federal Reserve’s LSAPs	11
The COVID-19 shock and consumer credit: Evidence from credit card data	11
Algorithmic trading and firm value	11
Mapping exposures of EU banks to the global shadow banking system	11
Term premium in a fractionally cointegrated yield curve	11
False hopes and blind beliefs: How political connections affect China's corporate bond market	11
Income inequality and entrepreneurship: Lessons from the 2020 COVID-19 recession	11
The impacts of a large-scale financial education intervention on retirement saving behaviors and portfolio allocation: Evidence from pension fund data	11
Firm life cycle and cost of debt	11
Management connectedness and corporate investment	11
Financial structures, banking regulations, and export dynamics	11
Investment and financing decisions with learning-curve technology	11
Forecasting Value at Risk and expected shortfall using a model with a dynamic omega ratio	11
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	11
Cooperative lenders and the performance of small business loans	11
A shrinkage approach for Sharpe ratio optimal portfolios with estimation risks	11
Tournament incentives and IPO failure risk	10
The effect of shareholder-debtholder conflicts on corporate tax aggressiveness: Evidence from dual holders	10
Simulating fire sales in a system of banks and asset managers	10
How stable are corporate capital structures? International evidence	10
Regulators vs. markets: Are lending terms influenced by different perceptions of bank risk?	10
Market-consistent valuation of natural catastrophe risk	10
Bank consumer relations and social capital	10
How effectively do green bonds help the environment?	10
The green corporate bond issuance premium	10
Product market competition, venture capital, and the success of entrepreneurial firms	10
The memory of beta	10
Enhanced momentum strategies	10
Monetary policy reaction function and the financial cycle	10
Internet search, fund flows, and fund performance	10
How new Fed corporate bond programs cushioned the Covid-19 recession	10
Opacity and risk-taking: Evidence from Norway	10
Optimal portfolio strategies in the presence of regimes in asset returns	10
Banks’ investments in fintech ventures	10
Optimal portfolio choice for higher-order risk averters	9
Risk-adjusted return managed carry trade	9
Higher purpose, banking and stability	9
Management practices and M&A success	9
Corporate restructuring and creditor power: Evidence from European insolvency law reforms	9
Trust and monitoring	9
Business shocks and corporate leverage	9
Information asymmetry and the profitability of technical analysis	9
Breakup and default risks in the great lockdown	9
Winning connections? Special interests and the sale of failed banks	9
Federal reserve intervention and systemic risk during financial crises	9
International factor models	9
The Janus face of bank geographic complexity	9
Preventing runs with fees and gates	9
Economic condition and financial cognition	9
How do macroprudential loan-to-value restrictions impact first time home buyers? A quasi-experimental approach	9
Determinants of banks’ liquidity: A French perspective on interactions between market and regulatory requirements	9
Loaded for bear: Bitcoin private wallets, exchange reserves and prices	9
Stock-selection timing	9
Expected and Unexpected Jumps in the Overnight Rate: Consistent Management of the Libor Transition	9
Institutional investors’ horizon and equity-financed payouts	9
The role of intrinsic incentives and corporate culture in motivating innovation	9
Patented knowledge capital and implied equity risk premium	9
The real effects of capital requirements and monetary policy: Evidence from the United Kingdom	9
Market fairness and efficiency: Evidence from the Tokyo Stock Exchange	9
The FOMC announcement returns on long-term US and German bond futures	9
Bequest motives in consumption-portfolio decisions with recursive utility	8
The effects of asset price volatility on market participation: Evidence from the Thai foreign exchange market	8
Buy low, sell high? Do private equity fund managers have market timing abilities?	8
Does media coverage affect credit rating change decisions?	8
Risk-taking spillovers of U.S. monetary policy in the global market for U.S. dollar corporate loans	8
Political connections and seasoned equity offerings	8
Purchases of sovereign debt securities by banks during the crisis: The role of balance sheet conditions	8
Risk-sensitive Basel regulations and firms’ access to credit: Direct and indirect effects	8
Do foreign institutions avoid investing in poorly CSR-performing firms?	8
Bank size and the transmission of monetary policy: Revisiting the lending channel	8
Corporate dollar debt and depreciations: All’s well that ends well?	8
Liquidity provision during a pandemic	8
Countercyclical capital buffers and credit supply: Evidence from the COVID-19 crisis	8
Geographic deregulation and bank capital structure	8
Country governance and international equity returns	8
Active depositors	8
Risk-based deposit insurance, deposit rates and bank failures: Evidence from Russia	8
Sustainable finance literacy and the determinants of sustainable investing	8
Private information in trades, R2, and large stock price movements	8
Identifying ever-greening: Evidence using loan-level data	8
How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America	8
The real effects of corruption on M&A flows: Evidence from China's anti-corruption campaign	8
Dynamic optimization for multi-goals wealth management	8
Interest rates, cash and short-term investments	8
The cost of diversification over time, and a simple way to improve target-date funds	8