Pacific-Basin Finance Journal

Article	Citations
Banking uncertainty and cash conversion cycle	322
Foreign branch and bank lending decisions: Evidence from high-risk borrowers	296
Editorial Board	153
Agreeing to disagree: Informativeness of sentiments in internet message boards	151
Demystifying COVID-19 policy actions: The case of inflation control in ASEAN	117
Momentum investing and a tale of intraday and overnight returns: Evidence from Taiwan	112
Restrictive bond covenants: Evidence from family firms in China	103
Is attention-based stock buying profitable? Empirical evidence from Chinese individual investors	92
Two-step price adjustments of IPO book building in Japan	92
Domestic liquidity of cross-listed stocks: Evidence from the ADR market	86
Digital empowered business environment and enterprise innovation: Evidence from China	79
Managerial discretion over initial earnings forecasts	78
Pricing family leadership: Evidence from audit fees	77
Forecasting Chinese stock market volatility with option-implied risk aversion: Evidence from extended realized EGARCH-MIDAS approach	77
Do multiple large shareholders matter in financial firms? Evidence from China	76
China's illiquidity premium: Due to risk-taking or mispricing?	73
An empirical evaluation of the salience-based asset pricing model: Evidence from Australia	71
Local urban investment bonds and the profitability of firms	69
Can strengthened financial regulation reduce monopsony power in superstar firms? Evidence from China's asset management reform	68
Share pledge lending, monetary policy, and shadow banking nexus	68
Clustering effects and spillover effects in major global government bond markets during the COVID-19 pandemic	65
Official visits and stock price crash risk	64
Does the investment-profitability correlation affect the factor premiums? Evidence from China	62
Managerial successions and family firms' access to trade credit financing: Evidence from China	62
Bank credit to SMEs in Japan: Evidence from normal times, the global financial crisis, and the COVID-19 crisis	60

Is company textual innovation disclosure effective? Evidence from China	60
Regulatory tightening and corporate risk-taking: Evidence from China's asset-management rules	59
When origins become liabilities: Restructured family firms and trade credit access	59
Insiders' stock pledging disclosures and credit ratings: Evidence from India	58
The role of customer stability in corporate trade credit provision	58
Forecasting VaRs via hybrid EVT with normal and non-normal filters: A comparative analysis from the Chinese stock market	58
Herd to repurchase	58
The effect of Tobin's q on investment in a bank-based financial system: Evidence from Japan	57
Can Fintech development improve the financial inclusion of village and township banks? Evidence from China	57
How retail investors affect the stock market?	55
The conjoint effects of corporate social responsibility performance and report tone on financial constraints: Evidence from China	53
Clan culture and corporate innovation	52
Individual defense and joint defense: A new defensive portfolio selection method based on stock network structure	52
Does transition finance policies persistently fuel green innovation in brown firms? Investigating the roles of ESG rating and bank connection	51
Editorial Board	49
Collateral reuse as a direct funding mechanism in repo markets	49
Ownership acceleration and the volume volatility-return link: Evidence from China	49
The nonlinear impact of oil price uncertainty on firm innovation: Evidence from China’s listed firms	48
Digital finance and science-based innovation: Evidence from Chinese leading manufacturing firms	48
The role of financial flexibility in corporate cash donations	48
Trend information and cross-sectional returns: The role of analysts	48
To fix or not to fix: The representativeness of the WM/R methodology that underpins the FX benchmark rates. A pre-registered report	47
Forecast disagreement about firm-level profitability and uncertainty	46
Reexamining the impact of closing call auction on market quality: A natural experiment from the Shanghai stock exchange	45
Risk factors in the Indonesian stock market	43
Passive investors and concentration of intraday liquidity: Evidence from the Tokyo Stock Exchange	40
Extreme illiquidity and stock returns: Evidence from Thailand market	40
Who watches what and why it matters: Attention allocation, tug-of-war, and market resiliency: A pre-registered report	40
Do M&A funds create value in Chinese listed firms?	40
The spillover effect of delisting risk on stock price synchronicity of regional peer firms	38
Dealership versus continuous auction: Evidence from the JASDAQ market	38
Digital merger & acquisition and corporate innovation: Evidence from China	37
An extension analysis of Amihud's illiquidity premium: Evidence from the Taiwan stock market	37
Market-based reforms in share issuance and stock price crash risk: Evidence from China	37
Linking labor with capital: How employee friendly treatment impact trade credit availability	36
Index-tracking rigidity and arbitrage opportunities in MSCI index reconstitutions	35
Do firms accumulate cash balances through financing persistent negative cash flows? Evidence from China	35
Digital transformation and corporate capital structure: Evidence from China	34
The asymmetric innovation effects of heterogeneous government subsidies: A new perspective from GDP target deviation	33
Does judicial procedure reform affect firms' access to trade credit? Evidence from China	33
Paying for pollution: Air quality and executive compensation	33
Financial geographic density and corporate financial asset holdings: Evidence from China	33
Price limit and stock market quality: Evidence from a quasi-natural experiment in the Chinese stock market	33
Heterogeneity in shareholder activism: Evidence from Japan	33
Spillover effects of MSCI inclusion announcement: Evidence and implications from China	33
The peer effects of corporate social responsibility in China: A pre-registered study	32
The role of venture capital in promoting innovation in key & core technology companies: A pre-registered study	32
Corporate leverage and leverage speed of adjustment: Does environmental policy stringency matter?	32
Population age structure, industry return, and portfolio strategy: Capitalizing on the trend of population aging in China	31
Does improved IPO access stimulate venture capital? Evidence from China's registration-based reform	31

Executive pay restrictions, political promotion, and firm efficiency: Evidence from China	31
Motives for environmental and social engagement and stock liquidity: The moderating role of sustainability committees	30
The value of family social capital in informal financial markets: Evidence from China	30
Can convertible bond trading predict stock returns? Evidence from China	30
Patient capital and corporate digital transformation: Evidence from Chinese A-share listed firms	30
Government-guided funds and the rise of corporate AI: Evidence from China	29
Confucianism and D&O insurance demand of Chinese listed companies	29
Measuring the association between short selling and price efficiency: A new stock-level analysis	29
The impact of government open data platform construction on corporate capital market performance: Evidence from stock liquidity	29
Patriotic sentiment and stock excess returns: Evidence from the exogenous shock of Huawei-Meng Wanzhou incident	29
Does firm financialization affect optimal real investment decisions? Evidence from China	28
Does short-term momentum exist in China?	28
Predicting financial fraud in Chinese listed companies: An enterprise portrait and machine learning approach	28
Watchdogs or Petdogs: The role of media freedom on banking system stability	28
Perceived uncertainty and family control	28
How air pollution influences corporate credit spreads: A pre-registered report	28
Gender, society, and financial inclusion: Evidence from matrilineal and patriarchal societies	27
Illusion momentum and cross-sectional returns	27
Only the connected survive: Common ownership and corporate resilience	27
Reassessing bond pricing efficiency: The effects of deregulating mandatory bond ratings	26
Lead investors' insider ownership and crowd investors' agency concerns in investor-led equity crowdfunding	26
“Only children” and entrepreneurship in China: Spillover effects and mechanisms	26
Employee pension welfare and corporate risk-taking: Evidence from the enterprise annuity system in China	26
The spillover effect of dishonesty across markets: PEP fund reallocation and bond rating	26
The dynamic impact of monetary policy on financial stability in China after crises	26
COVID-19 vaccinations and risk spillovers: Evidence from Asia-Pacific stock markets	25
Hedging financial turbulence risk with textual analysis	25
The journey is the reward: A study of corporate site visits and mutual fund performance	25
Corporate responses to systemic risk: Talk and action	25
Mispricing and anomalies in China	24
Muslim CEOs, risk-taking and firm performance	24
Corporate green transformation and bankruptcy risk: Empirical evidence from Chinese manufacturing firms	24
From academia to the courtroom: Impact of academic executives on corporate litigation risk	24
Cross-border financial risk transmission under China's bond market opening	24
Economic policy uncertainty and bank systemic risk: A cross-country analysis	24
Does social network improve corporate financing efficiency? Evidence from China	23
Financial stress and returns predictability: Fresh evidence from China	23
Robot adoption and firm's capacity utilization: Evidence from China	23
Optimization-based spectral end-to-end deep reinforcement learning for equity portfolio management	22
Uneasy lies the head that wears a crown: Firm network status and market response to negative rumors	22
Financial literacy and household financial behavior in Singapore	22
Information disclosure, product market competition and payout policy	22
The impact of central environmental inspection on institutional ownership: Evidence from Chinese listed firms	22
Before thrive, first survive: The impact of controlling shareholder pledging on corporate ESG performance	22
Product network and origin of common equity factor risks	22
Saving for whose pocket? Divergence between employee wages and corporate cash holdings	21
Involuntary political connections and private firms' tax avoidance	21
The effect of margin-trading and short-selling mechanism on left-tail risk: Evidence from a quasi-natural experiment in China	21
Care or fear? The link between D&O liability insurance and CSR engagement: Evidence from China	21
Greening through central inspection: The role of legitimacy pressure and risk-taking	20
Lost in excess capital: Labor market consequences of IPO oversubscription in China	20
Sustainable finance analysis of commercial banks in China	20
The importance of speed to corporate financial asset holdings: Evidence from high-speed rail	20
Board gender diversity and default risk in a bank-based financial system: A pre-registered report	20
Unlocking the power of roots: Local CEOs and corporate maturity mismatch	20
Does cultural diversity affect trade credit provision?	20
How does the COVID-19 pandemic change the disposition effect in fund investors?	20
Not all market participants are alike when facing crisis: Evidence from the 2015 Chinese stock market turbulence	20
Which investor corrects mispricing around earnings announcements?	20
A study of financial market resilience in China — From a hot money shock perspective	20
Does digital finance improve household financial health? Evidence from China	20
Conditional volatility targeting strategy considering jump effects: Evidence from sustainable ESG equity index	20
Cross-industry knowledge spillovers through shared analyst coverage: Evidence from green technologies	19
Investor behaviors and heuristics based on lunar superstition beliefs: A pre-registered report	19
The uncertainty of RMB exchange rate expectation and foreign investment: Evidence from Cross-border M&As in China	19
Increase or decrease: Customer digital transformation and supplier cost stickiness	19
CEO's poverty imprints and corporate financial fraud: Evidence from China	19
The unintended consequence of local government debt: Evidence from auditors' risk perception	19
Exacerbate or alleviate? Impact of controlling shareholders' share pledging on over-investment	19
Research on the influence of capital market liberalization on the ESG performance of listed companies—A quasinatural experiment based on the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects	19
A sustainable approach to portfolio allocation: Incorporating market-based climate transition risk exposure	19
News sentiment and the cost of debt	19
Ownership structure and carbon emissions reduction	19
Bank financing diversification, market structure, and stability in a dual-banking system	18
Mood seasonality around the globe	18
Cultural proximity and CEO remuneration	18
Do buyback anomalies explain the stock return in Japan? A pre-registered report	18
International stock return predictability: The role of U.S. uncertainty spillover	18
Should managers be incentivized with stock or options? Evidence from China	18
How volatility model specification affects volatility targeting performance: Evidence from Taiwan	18

Do corrupt practices lead to increased cash holdings in firms? International evidence	18
Can Fintech development enhance corporate resilience? Evidence from China	18
Efficient monitoring through debt diversity: Insights on tunneling practices in Indian listed firms	18
Liquidity shock and stock returns in the Japanese equity market	18
Culture and household carbon emissions: Evidence from China	18
Culture and confidence in financial knowledge testing	18
High-dimensional portfolio optimization based on tree-structured factor model	18
Board diversity and the marginal value of corporate cash holdings	17
Gender culture and cross-border mergers and acquisitions: The deals with RCEP targets	17
Does the semi-mandatory dividend policy affect firm innovation? Evidence from China's capital market	17
Great Chinese famine, corporate social responsibility and firm value	17
Machine learning in the Australian equity market	17
Do remote meetings and board hierarchy impact the voting behavior of independent board directors?	17
Exceed your duty: The substitution effect of minority investor governance on institutional site visits	17
Navigating competitive pressures: The impact of banking competition on corporate short-term borrowing for long-term investment	17
Forecasting Chinese stock market volatility with high-frequency intraday and current return information	17
Retail investors and the behavioral component of idiosyncratic volatility	17
Institutional investors' information access and executive pay gaps: Evidence from corporate site visits in China	17
Competition laws and corporate risk-taking around the world	17
Analysis of tail risk contagion among industry sectors in the Chinese stock market during the COVID-19 pandemic	16
Foreign investor trading, local investor mimicry and stock price volatility	16
Digital economy policies and enterprise digital transformation: A quasi-natural experiment of digital economy pilot zones	16
Pricing implications of intervention and debt management in the primary market of Japanese government bonds	16
The nexus of peer-to-peer lending and monetary policy transmission: Evidence from the People's Republic of China	16
Latent cultural forces: Communist heritage and stock price crash risk in China	16
Research on the spillover effects of multidimensional external uncertainty shocks on China's systemic financial risks — From the perspective of cross-market transmission of financial risks	16
Digital financial inclusion, traditional finance system and household entrepreneurship	16
Editorial Board	16
Corporate financialization and investment efficiency: Evidence from China	16
Does engagement by large asset managers enhance governance of target firms?	16
Does innovative disruption impact credit markets? Evidence from China	16
Reform of fiscal hierarchy and corporate innovation: Evidence from the ‘Province-Managing-County’ fiscal reform in China	16
Do investors' site visits affect the price of bond issues?	16
Impact of perceived unlucky years on investment performance: Evidence from Chinese cultural beliefs	15
Can board refreshment mitigate managerial power: New evidence from the MENA region	15
Editorial Board	15
Does market competition foster related party transactions? Evidence from emerging market	15
When they say ‘not affected’, what do they mean? Evidence from trade disputes	15
Social media sentiment contagion and stock price jumps and crashes	15
Conservatism and silence: The clan premium	15
The impact of displaced commercial risk on the performance of Islamic banks	15
Structural news shock, financial market uncertainty and China's business fluctuations	15
How are green stocks and monetary policy related?	15
The influence of stock market liberalization on labor investment decisions: Evidence from China	15
Intellectual property rights enforcement and mergers and acquisitions: Evidence from China	15
Religion vs. ethics: Tail dependence between Sukuk, green bond, Islamic Fintech, and fourth industrial revolution assets	15
Entrepreneurial finance, primary equity markets, and growth: Evidence from a macro-panel of 97 economies	15
How do banks price carbon risk? Evidence from India	15
Does the risk spillover in global financial markets intensify during major public health emergencies? Evidence from the COVID-19 crisis	15
Whac-a-mole: China's debt policies and local debt risks	15
Dissecting the links among profitability, the disposition effect, and trading activity	15
Benchmarking deep reinforcement learning approaches to trade execution	15
Do listed companies fulfill their public commitments? Evidence from the stake-raising commitments of Chinese companies	15
The green governance effect of retail investor attention: Evidence from China's investor interactive platforms	14
Green finance policy and labor demand: Evidence from China	14
How social interactions shape gender differences of the disposition effect in the digital era: A pre-registered report	14
Does internal control affect firms' use of derivatives? Evidence from China	14
Does digital tax enforcement drive corporate digitalization? Evidence from the Golden Tax Project III in China: A pre-registered report	14
Factors and anomalies in the Vietnamese stock market	14
ESG performance and loan contracting in an emerging market	14
Prospect theory and mutual fund flows: Evidence from China	14
Monitoring or collusion: The impact of institutional investors' site visits on corporate greenwashing	14
Revisiting the momentum effect in Taiwan: The role of persistency	14
The construction of social credit system and corporate innovation: Evidence from China	14
Decoding peer effects: The role of information in Chinese household financial investments	14
RETRACTED: Mapping fear in financial markets: Insights from dynamic networks and centrality measures	14
A shock to CEOs' external environment: terrorist attacks and CEO pay	14
Analyzing the impact of sustainable performance on working capital management: Evidence from emerging markets	14
How does the quality of institutions influence the cash conversion cycle of firms?	14
Financial mismatch on corporate debt default risk: Evidence from China	14
Navigating the “twin titans” of global manufacturing: The impact of US and China on industrial production forecasting in G20 nations	14
Relocating innovation within firms: The impact of real estate booms on innovation transfer	13
Return predictability of short-selling and financial distress firms: Evidence from Korean stock market	13
Cognitive ability and household portfolio diversification: Evidence from China	13
Is there a time-series momentum effect in the Asian crude oil futures market?	13
Does systemic risk affect fund managers' tail risk-taking?	13
Information asymmetry in reinsurance through various ceded contracts	13
How do credit default swap spreads react to languages?	13
Talk less and do more: Expected strategic adjustments vs. actual changes in the Chinese firms	13
Relative performance evaluation and investment efficiency	13
Foreign business exposure, policy uncertainty, and investment allocation decisions of Chinese multinational corporations	13
Dual institutional shareholders and stock price volatility——Evidence from fund investors in China	13
Geographic disparities in bank lending: Evidence from an auto loan market	13
Economic policy uncertainty and capital flows' tail risk in China	13
COVID-19 and policy responses: Early evidence in banks and FinTech stocks	13
Non-financial information uncertainty, firm growth, and market value during crisis: Evidence from China	13
Fintech revolution in banking: A double-edged sword?	13
Enterprise digital transformation and return comovement of business groups	13
The changing face of consumer credit: Evidence from a big tech platform in China	13
Mainland Chinese investor attention influences on international markets: The impact of Game of Hunting on the stock returns of head-hunting companies in Hong Kong	12
Does corporate ESG create value? New evidence from M&As in China	12
Retraction notice to ‘Mapping fear in financial markets: Insights from dynamic networks and centrality measures [PACFIN, Volume 85C, 2024, 102368]’	12
The role of anti-tax avoidance in tax base flow and international tax competition	12
Bank digital transformation and risk-taking: Evidence from China	12
Does stock liquidity curb or fuel corporate financial fraud? Evidence from Chinese listed firms: A pre-registered report	12