Pacific-Basin Finance Journal

Article	Citations
Does crude oil price stimulate economic policy uncertainty in BRICS?	131
Digital finance and corporate ESG performance: Empirical evidence from listed companies in China	127
Firms' cash reserve, financial constraint, and geopolitical risk	117
Economic policy uncertainty exposure and corporate innovation investment: Evidence from China	113
The effects of economic policy uncertainty and country governance on banks' liquidity creation: International evidence	93
Coronavirus (Covid-19) outbreak, investor sentiment, and medical portfolio: Evidence from China, Hong Kong, Korea, Japan, and U.S	78
Economic policy uncertainty nexus with corporate risk-taking: The role of state ownership and corruption expenditure	78
How does trade policy uncertainty affect agriculture commodity prices?	76
Economic policy uncertainty and corporate innovation: Evidence from China	74
Economic policy uncertainty and bank stability: Threshold effect of institutional quality and competition	62
Faith-based investments and the Covid-19 pandemic: Analyzing equity volatility and media coverage time-frequency relations	62
Do institutional investors' corporate site visits improve ESG performance? Evidence from China	61
Does geopolitical risk uncertainty strengthen or depress cash holdings of oil enterprises? Evidence from China	59
Environmental uncertainty, financing constraints and corporate investment: Evidence from China	59
Predicting the risk of financial distress using corporate governance measures	58
Digital finance and corporate bankruptcy risk: Evidence from China	55
The effect of local government debt on green innovation: Evidence from Chinese listed companies	53
Financial aid and financial inclusion: Does risk uncertainty matter?	53
Green bond issuance and corporate cost of capital	53
Spillovers between the Islamic gold-backed cryptocurrencies and equity markets during the COVID-19: A sectorial analysis	52
Credit policy, uncertainty, and firm R&D investment: A quasi-natural experiment based on the Green Credit Guidelines	52
Financial stability of banks in India: Does liquidity creation matter?	51
The relationship between cash flow uncertainty and extreme risk: International evidence	49
Supply-side structural reform and dynamic capital structure adjustment: Evidence from Chinese-listed firms	49
Risk spillover from energy market uncertainties to the Chinese carbon market	47

Corporate resilience to the COVID-19 pandemic: The role of digital finance	47
Economic policy uncertainty and corporate risk-taking: Loss aversion or opportunity expectations	43
The effect of economic policy uncertainty on enterprise total factor productivity based on financial mismatch: Evidence from China	42
Financial literacy and financial decision-making at older ages	41
The green fog: Environmental rating disagreement and corporate greenwashing	41
Regulatory-driven corporate greenwashing: Evidence from “low-carbon city” pilot policy in China	36
Maturity mismatches of Chinese listed firms	36
Does green credit policy impact corporate cash holdings?	36
Digital economy, financing constraints, and corporate innovation	35
Dynamic connectedness between non-fungible tokens, decentralized finance, and conventional financial assets in a time-frequency framework	35
The impact of COVID-19 pandemic on the volatility connectedness network of global stock market	35
Industry and geographic peer effects on corporate tax avoidance: Evidence from China	33
Does air pollution affect a firm's cash holdings?	33
Mixed ownership reform and corporate tax avoidance: Evidence of Chinese listed firms	32
Corporate environmental responsibility and default risk: Evidence from China	32
Search for safe havens and resilience to global financial volatility: Response of GCC equity indexes to GFC and Covid-19	32
Environmental, social and governance performance, corporate transparency, and credit rating: Some evidence from Chinese A-share listed companies	32
Effect of coronavirus fear on the performance of Australian stock returns: Evidence from an event study	31
Funding liquidity risk and banks' risk-taking: Evidence from Islamic and conventional banks	31
Return and volatility transmission between emerging markets and US debt throughout the pandemic crisis	30
Do CEO's political promotion incentives influence the value of cash holdings: Evidence from state-owned enterprises in China	29
Green development, climate risks, and cash flow: International evidence	29
Anomalies in the China A-share market	29
Islamic stock market versus conventional: Are islamic investing a ‘Safe Haven’ for investors? A systematic literature review	29
The relationship between yield curve components and equity sectorial indices: Evidence from China	28
Does investor attention increase stock market volatility during the COVID-19 pandemic?	28
The impact of the Russia-Ukraine crisis on the stock market: Evidence from Australia	28
Bank ownership, institutional quality and financial stability: evidence from the GCC region	28
How resilient are Islamic financial markets during the COVID-19 pandemic?	27
Does digital transformation speed up dynamic capital structure adjustment? Evidence from China	27
The crowding out effect of central versus local government debt: Evidence from China	27
Does corporate ESG create value? New evidence from M&As in China	27
Do volatility spillover and hedging among GCC stock markets and global factors vary from normal to turbulent periods? Evidence from the global financial crisis and Covid-19 pandemic crisis	27
Network connectedness and China's systemic financial risk contagion——An analysis based on big data	26
Spillover and risk transmission between the term structure of the US interest rates and Islamic equities	26
Does COVID-19 matter for systemic financial risks? Evidence from China's financial and real estate sectors	25
Investor sentiment and the economic policy uncertainty premium	25
Economic policy uncertainty, COVID-19 lockdown, and firm-level volatility: Evidence from China	25
Does the power gap between a chairman and CEO matter? Evidence from corporate debt financing in China	25
Does air pollution affect earnings management? Evidence from China	25
Can multiple blockholders restrain corporate financialization?	24
How does corporate ESG performance affect stock liquidity? Evidence from China	24
Corporate ESG and resilience of stock prices in the context of the COVID-19 pandemic in China	24
Geopolitical risk and corporate investment in the metals and mining industry: Evidence from Australia	23
Spillovers between Sukuks and Shariah-compliant equity markets	23
Economic policy uncertainty and enterprise investment decision: Evidence from China	23
Social trust and dividend payouts: Evidence from China	23
Minority shareholders protection and corporate financial leverage: Evidence from a natural experiment in China	23
How do zombie firms affect debt financing costs of others: From spillover effects views	22
State ownership, implicit government guarantees, and crash risk: Evidence from China	22

Economic policy uncertainty and stock price synchronicity: Evidence from China	22
Chinese stock anomalies and investor sentiment	21
Capital account liberalization and corporate maturity mismatch: The role of bank competition	21
Policy uncertainty spillovers and financial risk contagion in the Asia-Pacific network	21
What influences stock market co-movements between China and its Asia-Pacific trading partners after the Global Financial Crisis?	21
ESG investment in China: Doing well by doing good	21
The impact of green credit on firms' green investment efficiency: Evidence from China	21
Labor costs and financialization of real sectors in emerging markets	21
Does controlling shareholders' share pledging raise suppliers' eyebrows?	21
Pay more or pay less? The impact of controlling shareholders' share pledging on firms' dividend payouts	21
The role of cash holdings during financial crises	20
Corporate policies and outcomes during the COVID-19 crisis: Does managerial ability matter?	20
Stock return predictability: Evidence from moving averages of trading volume	20
Does gender diversity matter? Female directors and firm carbon emissions in Japan	20
Can management tone predict IPO performance? – Evidence from mandatory online roadshows in China	20
Political uncertainty and allocation of decision rights among business groups: Evidence from the replacement of municipal officials	20
Uncertainty, venture capital and entrepreneurial enterprise innovation—Evidence from companies listed on China's GEM	19
Are Islamic banks more resilient to the crises vis-à-vis conventional banks? Evidence from the COVID-19 shock using stock market data	19
Does stock liquidity affect bankruptcy risk? DID analysis from Vietnam	19
Corporate financialization and investment efficiency: Evidence from China	19
Measuring news media sentiment using big data for Chinese stock markets	19
‘Growing out of the growing pain’: Financial literacy and life insurance demand in China	19
Retail investor attention and information asymmetry: Evidence from China	19
Financial literacy, debt, risk tolerance and retirement preparedness: Evidence from New Zealand	19
Economic policy uncertainty, bank loan, and corporate innovation	19
How does labor protection influence corporate risk-taking? Evidence from China	19
Stock market reactions to the COVID-19 pandemic: The moderating role of corporate big data strategies based on Word2Vec	18
Do CEOs with academic experience add value to firms? Evidence on bank loans from Chinese firms	18
ESG performance and loan contracting in an emerging market	18
Financial stability efficiency of Islamic and conventional banks	18
How do investors in Chinese stock market react to external uncertainty? An event study to the Sino-US disputes	18
Economic uncertainty and its spillover networks: Evidence from the Asia-Pacific countries	18
Islamic equity investments and the COVID-19 pandemic	18
The value of corporate social responsibility during the crisis: Chinese evidence	17
Firm-level perception of uncertainty and innovation activity: Textual evidence from China's A-share market	17
Quantile relationship between Islamic and non-Islamic equity markets	17
Natural disasters and CSR: Evidence from China	17
The spillover effect of customers' ESG to suppliers	17
A tale of riskiness: The real effects of share pledging on the Chinese stock market	17
Technical expert CEOs and corporate innovation	17
The effect of Guanxi culture on the voting of independent directors: Evidence from China	17
The effect of voluntary and mandatory corporate social responsibility disclosure on firm profitability: Evidence from China	17
Mutual fund herding and return comovement in Chinese equities	16
Prospect theory and stock returns: Evidence from foreign share markets	16
Investor's herding behavior in Asian equity markets during COVID-19 period	16
China's historical imperial examination system and corporate social responsibility	16
Liquidity creation cyclicality, capital regulation and interbank credit: Evidence from Chinese commercial banks	15
COVID-19 vaccinations and risk spillovers: Evidence from Asia-Pacific stock markets	15
Digital transformation along the supply chain	15
Impact of managerial power on regulatory inquiries from stock exchanges: Evidence from the text tone of Chinese listed companies' annual reports	15
Gambling culture and corporate financialization: Evidence from China's welfare lottery sales	15
Capital market opening and stock price crash risk – Evidence from the Shanghai-Hong Kong stock connect and the Shenzhen-Hong Kong stock connect	15
The effect of say on pay on CEO compensation and spill-over effect on corporate cash holdings: Evidence from Australia	15
Managerial acquisitiveness and corporate tax avoidance	15
Corruption and firm efforts on environmental protection: Evidence from a policy shock	15
Environmental taxes and corporate cash holdings: Evidence from China	15
Supply chain finance, green innovation, and productivity: Evidence from China	15
Can ESG certification help company get out of over-indebtedness? Evidence from China	15
Revisiting momentum profits in emerging markets	15
Corporate social responsibility, competition, and firm value	14
The extreme return connectedness between Sukuk and green bonds and their determinants and consequences for investors	14
Guaxi and financial exclusion: Empirical evidence from households in China	14
A survey of Islamic finance research – Influences and influencers	14
Undergraduate student financial education interventions: Medium term evidence of retention, decay, and confidence in financial literacy	14
How do Islamic equity markets respond to good and bad volatility of cryptocurrencies? The case of Bitcoin	14
Connectedness between the COVID-19 related media coverage and Islamic equities: The role of economic policy uncertainty	14
Multidimensional connectedness among the volatility of global financial markets around the Russian-Ukrainian conflict	14
A new momentum measurement in the Chinese stock market	14
When green finance meets banking competition: Evidence from hard-to-abate enterprises of China	14
Childhood matters: Family education and financial inclusion	14
Dividend payout policy of Shariah compliant firms: Evidence from United States	14
The agency cost of political connections: Evidence from China's File 18	13
Does green finance reform promote corporate green innovation? Evidence from China	13
Does banking competition stimulate regional innovation? Evidence from China	13
FinTech innovation regulation based on reputation theory with the participation of new media	13
The value of CSR during the COVID-19 crisis: Evidence from Chinese firms	13
Monetary policy uncertainty and firm risk-taking	13
Does firm financialization affect optimal real investment decisions? Evidence from China	13
Economic policy uncertainty and bank systemic risk: A cross-country analysis	13
Environmental performance and corporate risk-taking: Evidence from China	13

Media exposure on corporate social irresponsibility and firm performance	13
The implied volatility smirk in the Chinese equity options market	13
Greening through central inspection: The role of legitimacy pressure and risk-taking	13
Does social network improve corporate financing efficiency? Evidence from China	13
Monitoring or tunneling? Information interaction among large shareholders and the crash risk of the stock price	13
Institutional investors' corporate site visits and pay-performance sensitivity	13
The power of technology: FinTech and corporate debt default risk in China	13
Economic policy uncertainty and corporate tax avoidance: Evidence from China	13
Institutional ownership and insider trading profitability: Evidence from an emerging market	13
Deregulation of short-selling constraints and cost of bank loans: Evidence from a quasi-natural experiment	12
ESG disclosure and investor welfare under asymmetric information and imperfect competition	12
The dynamic impact of monetary policy on financial stability in China after crises	12
Does directors' and officers' liability insurance induce empire building? Evidence from corporate labor investment	12
An examination of herding behaviour of the Chinese mutual funds: A time-varying perspective	12
Stock market liberalization and institutional herding: Evidence from the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects	12
Spillovers between positively and negatively affected service sectors from the COVID-19 health crisis: Implications for portfolio management	12
Downside risk, financial conditions and systemic risk in China	12
Anti-corruption and within-firm pay gap: Evidence from China	12
Value at risk and the cross-section of expected returns: Evidence from China	12
Stock return asymmetry in China	12
Signed momentum in the Chinese stock market	12
Litigation risk and cost of capital: Evidence from China	12
Mandatory dividend policy and investment efficiency within state-owned business groups	12
Do country-level legal, corporate governance, and cultural characteristics influence the relationship between insider ownership and dividend policy?	12
Urban construction and firm green innovation: Evidence from China's low-carbon pilot city initiative	11
Xi's anti-corruption campaign and the speed of capital structure adjustment	11
Price limit and stock market quality: Evidence from a quasi-natural experiment in the Chinese stock market	11
International trade friction and the cost of debt: Evidence from China	11
Time-frequency relationship between economic policy uncertainty and financial cycle in China: Evidence from wavelet analysis	11
Confucianism and IPO underpricing	11
Turnover premia in China's stock markets	11
Overconfident CEOs and shadow banking in China	11
How resilient are the Asia Pacific financial markets against a global pandemic?	11
Too-big-to-fail: The value of government guarantee	11
Geographic proximity and cross-region merger and acquisitions: Evidence from the opening of high-speed rail in China	11
The nonlinear effect of foreign ownership on capital structure in Japan: A panel threshold analysis	10
Not one but three decisions in sukuk issuance: Understanding the role of ownership and governance	10
On the investors' sentiments and the Islamic stock-bond interplay across investments' horizons	10
Does prospect theory explain mutual fund performance? Evidence from China	10
Independent directors' reputation incentives and firm performance – an Australian perspective	10
Economic policy uncertainty and price pass-through effect of exchange rate in China	10
CEO power and labor-friendly policy	10
Financial stress and returns predictability: Fresh evidence from China	10
Equity costs and risks in emerging markets: Are ESG and Sharia principles complementary?	10
The value relevance of corporate donations	10
Chinese economic policy uncertainty and U.S. households' portfolio decisions	10
Forecasting China's stock market variance	10
Digital financial inclusion, traditional finance system and household entrepreneurship	10
The ESG rating, spillover of ESG ratings, and stock return: Evidence from Chinese listed firms	10
Systemic risk in financial institutions: A multiplex network approach	10
Paying for pollution: Air quality and executive compensation	10
ESG engagement, country-level political risk and bank liquidity creation	10
Environmental preference, air pollution, and fund flows in China	10
Busy directors and firm performance: Evidence from Australian mergers	10
State-owned venture capitals and bank loans in China	10
Internationalization and the reliance of analyst forecasts in stakeholder-oriented corporate governance: Evidence from Japanese MNEs	9
Credit cards and small business dynamics: Evidence from China	9
The effectiveness of government stock purchase during market crash: Evidence from China	9
Systemically important banks in Asian emerging markets: Evidence from four systemic risk measures	9
Conventional monetary policy, COVID-19, and stock markets in emerging economies	9
Confucianism and D&O insurance demand of Chinese listed companies	9
Digital transformation and income inequality within enterprises – Evidence from listed companies in China	9
COVID-19 and policy responses: Early evidence in banks and FinTech stocks	9
Where should the money go? The green effect of governmental guidance when sustainable finance impacts brown firms	9
COVID caused a negative bubble. Who profited? Who lost? How stock markets changed?	9
Cross-sectional and time-series momentum returns: Is China different?	9
Managerial rents vs. shareholder value in closed-end funds: Evidence from China	9
Corporate culture and firm resilience in China: Evidence from the Sino-US trade war	9
Gambling culture and corporate violations: Evidence from China	9
Digital transformation and labor upgrading	9
Tail risks, firm characteristics, and stock returns	9
Firm performance following actual share repurchases: Effects of investment crowding out and financial flexibility	9
Product market advertising and stock price crash risk	9
Does sectoral diversification of loans and financing improve bank returns and risk in dual-banking systems?	9
Vertical interlock and stock price crash risk	9
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	9
Future profitability and stock returns of innovative firms in Australia	9
How is the change in left-tail risk priced in China?	9
Microfinance institutions and Peer-to-Peer lending: What does microfinance competition bring?	9
Can high speed railway curb tunneling? Evidence from the independent directors' monitoring effect in China	9
The role of angel investment for technology-based SMEs: Evidence from China	9
Economic policy uncertainty and institutional investment returns: The case of New Zealand	8
Do economic policy uncertainty and its components predict China's housing returns?	8
The value of family social capital in informal financial markets: Evidence from China	8
Predicting stock splits using ensemble machine learning and SMOTE oversampling	8
Nonlinear dependence and spillovers between cryptocurrency and global/regional equity markets	8
Overnight returns, daytime reversals, and future stock returns: Is China different?	8
The changing role of foreign investors in Tokyo stock price formation	8
Do CEO's cultural backgrounds enhance or impede corporate innovation?	8
Does corporate social responsibility reduce share price premium? Evidence from China's A- and H-shares	8
How does export VAT rebates policy affect corporate investment efficiency? Evidence from corporate tax stickiness	8
The way back home: Trading behaviours of foreign institutional investors in China amid the COVID-19 pandemic	8
Economic policy uncertainty and stock price informativeness	8
Leverage effect in cryptocurrency markets	8
Information bias and its spillover effect on return volatility: A study on stock markets in the Asia-Pacific region	8