Journal of Banking & Finance

Article	Citations
How should we measure the performance of corporate bond mutual funds? Evaluating model quality and impact on inferences	232
Biased risk perceptions: Evidence from the laboratory and financial markets	225
Demographic trends, the rent-to-price ratio, and housing market returns	217
Expected and Unexpected Jumps in the Overnight Rate: Consistent Management of the Libor Transition	211
Timing sentiment with style: Evidence from mutual funds	196
Trade policy sensitivity and global stock returns: Evidence from the 2016 U.S. Presidential election	194
Dissecting the return-predicting power of risk-neutral variance	181
Banks incentive pay, diversification and systemic risk	157
Stocks versus bonds for the long run when a riskless asset is available	141
Determinants and predictability of commodity producer returns	120
Quality is our asset: The international transmission of liquidity regulation	116
Market discipline and regulatory arbitrage: Evidence from ABCP liquidity guarantors	110
Financial development and wage income: Evidence from the global football market	95
The case for CASE: Estimating heterogeneous systemic effects	90
Canonical portfolios: Optimal asset and signal combination	81
Supervisory stringency, payout restrictions, and bank equity prices	80
Leveling the playing field? The effect of disclosing fund manager activeness to individual investors	80
Dark premonitions: Pre-bankruptcy investor attention and behavior	79
Do banks price production process failures? Evidence from product recalls	77
Financial Sector Policy Response to COVID-19 in Emerging Markets and Developing Economies	76
Common institutional ownership and corporate social responsibility	72
Social capital, finance, and consumption: Evidence from a representative sample of Chinese households	72
Award-winning CEOs and corporate innovation	71
Banks’ investments in fintech ventures	68
Does FinTech coverage improve the pricing efficiency of capital market? Evidence from China	67

Competition, coinsurance and moral hazard in banking	65
Political relations and media coverage	62
The effect of institutional herding on stock prices: The differentiating role of credit ratings	61
Lease-adjusted productivity measurement	61
How do experienced analysts improve price efficiency?	60
Religion and insider trading profits	57
Pension funding and the cross section of stock returns - The case of Germany	57
Variation in the value of active share across regions of investments: Evidence from global equity funds	54
Buy low, sell high? Do private equity fund managers have market timing abilities?	53
Heterogeneous beliefs in macroeconomic growth prospects and the carry risk premium	51
Stress testing and bank business patterns: A regression discontinuity study	51
Do stock-level experienced returns influence security selection?	49
Employment Protection and Household Mortgage Debt	49
Modeling the time-varying dynamic term structure of interest rates	49
Intraday momentum in the VIX futures market	46
The gradient allocation principle based on the higher moment risk measure	46
Experiments in finance	44
Stress tests and information disclosure: An experimental analysis	43
Money market reforms:The effect on the commercial paper market	42
Impact of Price Path on Disposition Bias	42
Gender composition and conflicts of interest in the financial industry: Evidence from analysts’ target price optimism	41
Monetary easing and the lending concentration channel of monetary policy transmission	41
The dark side of bank taxes	40
Human capital quality and stock returns	38
Drought, water, and the valuation of hydropower assets	37
Optimal portfolio choice for higher-order risk averters	36
Signal strength adjustment behavior: Evidence from share repurchases	34
Risk-taking incentives and risk-talking outcomes	34
Sign matters: Stock-movement-based trading decisions of individual investors	34
Exploiting the dynamics of commodity futures curves	34
Country financial development and the extension of trade credit by firms with market power	34
Market shocks and professionals’ investment behavior – Evidence from the COVID-19 crash	32
Common institutional blockholders and tail risk	32
Trading volume and liquidity provision in cryptocurrency markets	32
The positive externalities of leveraged buyouts	32
Available-for-sale is available for hoarding: When nonfinancial firms hold financial assets	31
How free is free? Retail trading costs with zero commissions	31
Corporate noncompliance: Do corporate violations affect bank loan contracting?	31
The illusion of oil return predictability: The choice of data matters!	31
Fintech and big tech credit: Drivers of the growth of digital lending	31
Special issue on green and ethical finance	31
Operational loss recoveries and the macroeconomic environment: Evidence from the U.S. banking sector	30
A new approach to credit ratings	30
The pricing of carbon risk in syndicated loans: Which risks are priced and why?	30
A large creditor in contagious liquidity crises	29
Shrouding and the FX trades of global custody bank	29
Do local investors know more? Evidence from securities class actions	29
Algorithmic trading and market quality: International evidence of the impact of errors in colocation dates	28
Good idiosyncratic volatility, bad idiosyncratic volatility, and the cross-section of stock returns	28
Heterogeneous inflation and deflation experiences and savings decisions during German industrialization	28

How do investors trade R&D-intensive Stocks? Evidence from hedge funds and other institutional investors	28
Editorial Board	28
Belief dispersion in the Chinese stock market and fund flows	27
Complexity and the default risk of mortgage-backed securities	27
Leveraging intellectual property: The value of harmonized enforcement regimes	27
Government guarantees and bank liquidity creation around the world	27
Market-based private equity returns	27
Information asymmetry and the profitability of technical analysis	26
Economic policy uncertainty and corporate bond liquidity	26
The role of CDS spreads in explaining bond recovery rates	26
Natural disasters and market manipulation	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	26
Common ownership, price informativeness, and corporate investment	25
Bank affiliation and timing ability of mutual funds: Evidence from China	25
Shadow loans and regulatory arbitrage: Evidence from China	25
Do foreign institutions avoid investing in poorly CSR-performing firms?	25
Bank competition and corporate employment: Evidence from the geographic distribution of bank branches in China	25
Capital requirements, mortgage rates and house prices	25
The way forward for banks during the COVID-19 crisis and beyond: Government and central bank responses, threats to the global banking industry	25
Global weather-based trading strategies	25
The effect of bank recapitalization policy on credit allocation, investment, and productivity: Evidence from a banking crisis in Japan	24
Editorial Board	24
Erratum to “Corporate voluntary disclosure via WeChat” [Journal of Banking & Finance 176 (2025)/107393]	24
Life insurance convexity	24
Back to the roots of internal credit risk models: Does risk explain why banks' risk-weighted asset levels converge over time?	23
Editorial Board	23
Market discipline, regulation and banking effectiveness: Do measures matter?	23
Option-based intermediary leverage	23
What can we learn from firm-level jump-induced tail risk around earnings announcements?	22
Complexity of global banks and the implications for bank risk: Evidence from foreign banks in Hong Kong	22
Editorial Board	21
A stochastic programming model for dynamic portfolio management with financial derivatives	21
Bank complexity, governance, and risk	21
The good, the bad, and the not-so-ugly of credit booms?: capital allocation and financial constraints	21
Patented knowledge capital and implied equity risk premium	20
Social capital and the cost of bank equity: Cross-country evidence	20
Central bank liquidity facilities and market making	20
Can star analysts make superior coverage decisions in poor information environment?	20
Leverage constraints and investors' choice of underlyings	20
Global foreign exchange volatility, ambiguity, and currency carry trades	19
Cross-country determinants of market efficiency: A technical analysis perspective	19
The effect of labour protection laws on the relationship between leverage and wages	19
Does maker-taker limit order subsidy improve market outcomes? Quasi-natural experimental evidence	19
Tuesday Blues and the day-of-the-week effect in stock returns	18
Inventor CEOs and financing of innovation: Evidence from IPOs	18
Environmental regulation and financial stability: Evidence from Chinese manufacturing firms	18
The impact of COVID-19 pandemic on bank lending around the world	18
What drives a firm's ES performance? Evidence from stock returns	18
Does government debt impede firm innovation? Evidence from the rise of LGFVs in China	18
Effects of macroprudential policy: Evidence from over 6000 estimates	18
Downside risk and the cross-section of cryptocurrency returns	18
Impact of risk oversight functions on bank risk: Evidence from the Dodd-Frank Act	18
Information acquisition costs and credit spreads	17
A bank's optimal capital ratio: A time-varying parameter model to the partial adjustment framework	17
Digital finance and financial literacy: Evidence from Chinese households	17
Can Real Options Explain the Skewness of Stock Returns?	17
Financial liberalization and house prices: Evidence from China	17
Information spillovers and cross monitoring between the stock market and loan market	17
Fund Flows and Asset Valuations of Bond Mutual Funds: Effect of Side-by-Side Management	17
A test of the Modigliani-Miller theorem, dividend policy and algorithmic arbitrage in experimental asset markets	17
Non‐operating risk and cash holdings: Evidence from pension risk	17
The cost of foreign-currency lending	17
Structural estimation of counterparty credit risk under recovery risk	17
Corporate restructuring and creditor power: Evidence from European insolvency law reforms	17
Reprint of: COVID-19, lockdowns, and the municipal bond market	17
Demand for financial advice: Evidence from a randomized choice experiment	16
Trust in Founders	16
Personal income tax and corporate innovation: The key role of inventors’ financial incentives	16
Bank regulation and supervision: A symbiotic relationship	16
Easing of borrower-based measures: Evidence from Czech loan-level data	16
Industrial policy and asset prices: Evidence from the Made in China 2025 policy	16
Board gender diversity and equity-based compensation	16
Social connections and bank deposits	16
Foreign bank lending during COVID-19	16
When It Rains It Drains: Psychological Distress and Household Net Worth	16
Economic policy uncertainty and covenants in venture capital contracts	15
Game in another town: Geography of stock watchlists and firm valuation	15
Blockholder board representation and debt contracting	15
Chasing the ESG factor	15

Measuring the impact of changing deposit insurance coverage levels: Findings from Colombia	15
Stock market experience and investor overconfidence: Do investors learn to be overconfident?	15
Have ratings become more accurate?	15
Artificial intelligence and systemic risk	15
Editorial Board	15
The tax shield increases the interest rate	15
Distressed firms, zombie firms and zombie lending: A taxonomy	15
How much do boards learn about CEO ability in crises? Evidence from CEO turnover	15
Disclosure rules, controlling shareholders, and trading activity in the new issues market	15
Editorial Board	14
Personal bankruptcy and post-bankruptcy liquidity constraint	14
The sources of value creation in acquisitions of intangible assets	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
When school ties meet geography: Education-province bias in mutual fund portfolios	14
Crowdedness, mispricing, crashes, and spikes	14
The market impact of predictable flows: Evidence from leveraged VIX products	14
Banking Market Structure and Trade Shocks	14
IPO underpricing and limited attention: Theory and evidence	14
Incentive contracting in the shadow of litigation risk: Evidence from universal demand laws	14
Detecting political event risk in the option market	14
Post-crisis regulations, market making, and liquidity in over-the-counter markets	13
The dynamics of non-performing loans during banking crises: A new database with post-COVID-19 implications	13
When expectations of implicit government guarantees diminished, do retail stock investors run away?	13
A shrinkage approach for Sharpe ratio optimal portfolios with estimation risks	13
The capital gain lock-in effect and seasoned equity offerings	13
Reprint of: Delegated asset management and performance when some investors are unsophisticated	13
When should retirees tap their home equity?	13
How does corporate culture affect IPO price formation?	13
Vulnerable funding in the global economy	13
Banking relationship, information reusability, and acquisition loans	13
Non-recourse mortgage law and housing speculation	13
Editorial Board	13
Leverage and the cost of capital for U.S. banks	13
Editorial Board	13
What are reference rates for?	13
Coherent risk measures alone are ineffective in constraining portfolio losses	13
In Memoria Giorgio and Emilia Szegő A special issue on institutions, risk measures, and portfolio optimization	13
Marginals versus copulas: Which account for more model risk in multivariate risk forecasting?	12
How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America	12
Household willingness to take financial risk: Stockmarket movements and life‐cycle effects	12
Double the insurance, double the funds?	12
Assessing and mitigating fire sales risk under partial information	12
Short selling and product market competition	12
Newswire tone-overlay commodity portfolios	12
COVID-19 and bank branch lending: The moderating effect of digitalization	12
Is lending distance really changing? Distance dynamics and loan composition in small business lending	12
Economic activity and the bank credit channel	12
Low interest rates and banks’ interest margins: Does belonging to a banking group matter?	12
Political promotion incentives and banking supervision: Evidence from a quasi-natural experiment in China	12
The up side of being down: Depression and crowdsourced forecasts	12
The Banker’s oath and financial advice	12
Do intangibles matter for corporate policies? Evidence from organization capital and corporate payout choices	12
Editorial Board	12
Time is money: Real effects of relationship lending in a crisis	12
Do Hedge Funds Value Sell-Side Analysts Differently?	12
Longs, shorts, and the cross-section of stock returns	12
Forecasting Value at Risk and expected shortfall using a model with a dynamic omega ratio	12
Debt-stabilizing properties of GDP-linked securities: A macro-finance perspective	11
The market for corporate control and firm information environment: Evidence from five decades of data	11
Supply, demand, and risk premiums in electricity markets	11
Modeling and pricing credit risk with a focus on recovery risk	11
Uncertainty premia for small and large risks	11
Banks’ complexity-risk nexus and the role of regulation	11
Functional distance and bank loan pricing: Evidence from the opening of high-speed railway in China	11
Editorial Board	11
Does regulatory and supervisory independence affect financial stability?	11
CEO relative age at school entry and corporate risk-taking	11
Editorial Board	11
Enhanced momentum strategies	11
Bank-specific capital requirements and capital management from 1989-2013: Further evidence from the UK	11
Does the geographical complexity of the Colombian financial conglomerates increase banks’ risk? The role of diversification, regulatory arbitrage, and funding costs	11
Regulatory and bailout decisions in a banking union	11
How do markets react to tighter bank capital requirements?	11
What drives the dispersion anomaly?	11
Fiduciary duty and corporate social responsibility: Evidence from corporate opportunity waiver	11
4/2 rough and smooth	11
Trust and local bias of individual investors	11
Is bank misconduct related to social capital? Evidence from U.S. banks	11
Investor sentiment and asset prices: Evidence from the ex-day	11
A stochastic model for predicting the response time of green vs brown stocks to climate change news risk	11
Credit derivatives and corporate default prediction	11