Pacific-Basin Finance Journal

Article	Citations
Banking uncertainty and cash conversion cycle	280
Managerial successions and family firms' access to trade credit financing: Evidence from China	262
Foreign branch and bank lending decisions: Evidence from high-risk borrowers	138
Editorial Board	133
Agreeing to disagree: Informativeness of sentiments in internet message boards	111
Herd to repurchase	104
Official visits and stock price crash risk	97
China's illiquidity premium: Due to risk-taking or mispricing?	95
How retail investors affect the stock market?	81
Demystifying COVID-19 policy actions: The case of inflation control in ASEAN	80
Does the investment-profitability correlation affect the factor premiums? Evidence from China	76
Momentum investing and a tale of intraday and overnight returns: Evidence from Taiwan	75
Forecasting VaRs via hybrid EVT with normal and non-normal filters: A comparative analysis from the Chinese stock market	74
Share pledge lending, monetary policy, and shadow banking nexus	73
Restrictive bond covenants: Evidence from family firms in China	72
The conjoint effects of corporate social responsibility performance and report tone on financial constraints: Evidence from China	70
Two-step price adjustments of IPO book building in Japan	70
Does transition finance policies persistently fuel green innovation in brown firms? Investigating the roles of ESG rating and bank connection	64
The effect of Tobin's q on investment in a bank-based financial system: Evidence from Japan	63
Do multiple large shareholders matter in financial firms? Evidence from China	62
Clustering effects and spillover effects in major global government bond markets during the COVID-19 pandemic	61
Digital empowered business environment and enterprise innovation: Evidence from China	61
Managerial discretion over initial earnings forecasts	60
Is company textual innovation disclosure effective? Evidence from China	59
Pricing family leadership: Evidence from audit fees	59

Forecasting Chinese stock market volatility with option-implied risk aversion: Evidence from extended realized EGARCH-MIDAS approach	56
Insiders' stock pledging disclosures and credit ratings: Evidence from India	56
Can strengthened financial regulation reduce monopsony power in superstar firms? Evidence from China's asset management reform	56
An empirical evaluation of the salience-based asset pricing model: Evidence from Australia	55
Domestic liquidity of cross-listed stocks: Evidence from the ADR market	55
Can Fintech development improve the financial inclusion of village and township banks? Evidence from China	55
Individual defense and joint defense: A new defensive portfolio selection method based on stock network structure	55
Bank credit to SMEs in Japan: Evidence from normal times, the global financial crisis, and the COVID-19 crisis	54
Local urban investment bonds and the profitability of firms	53
Clan culture and corporate innovation	52
Collateral reuse as a direct funding mechanism in repo markets	50
Is attention-based stock buying profitable? Empirical evidence from Chinese individual investors	50
Editorial Board	48
Ownership acceleration and the volume volatility-return link: Evidence from China	48
The asymmetric innovation effects of heterogeneous government subsidies: A new perspective from GDP target deviation	48
Index-tracking rigidity and arbitrage opportunities in MSCI index reconstitutions	47
Digital finance and science-based innovation: Evidence from Chinese leading manufacturing firms	45
Government-guided funds and the rise of corporate AI: Evidence from China	45
Trend information and cross-sectional returns: The role of analysts	45
The nonlinear impact of oil price uncertainty on firm innovation: Evidence from China’s listed firms	45
The impact of government open data platform construction on corporate capital market performance: Evidence from stock liquidity	44
The role of financial flexibility in corporate cash donations	44
To fix or not to fix: The representativeness of the WM/R methodology that underpins the FX benchmark rates. A pre-registered report	44
Patient capital and corporate digital transformation: Evidence from Chinese A-share listed firms	43
Reexamining the impact of closing call auction on market quality: A natural experiment from the Shanghai stock exchange	42
Forecast disagreement about firm-level profitability and uncertainty	42
Risk factors in the Indonesian stock market	41
Leverage effect in cryptocurrency markets	40
The peer effects of corporate social responsibility in China: A pre-registered study	40
Can convertible bond trading predict stock returns? Evidence from China	40
Spillover effects of MSCI inclusion announcement: Evidence and implications from China	38
Who watches what and why it matters: Attention allocation, tug-of-war, and market resiliency: A pre-registered report	37
Do M&A funds create value in Chinese listed firms?	37
Dealership versus continuous auction: Evidence from the JASDAQ market	36
An extension analysis of Amihud's illiquidity premium: Evidence from the Taiwan stock market	36
Passive investors and concentration of intraday liquidity: Evidence from the Tokyo Stock Exchange	36
Heterogeneity in shareholder activism: Evidence from Japan	36
Extreme illiquidity and stock returns: Evidence from Thailand market	36
Does judicial procedure reform affect firms' access to trade credit? Evidence from China	35
Do firms accumulate cash balances through financing persistent negative cash flows? Evidence from China	35
Confucianism and D&O insurance demand of Chinese listed companies	34
The spillover effect of delisting risk on stock price synchronicity of regional peer firms	33
Market-based reforms in share issuance and stock price crash risk: Evidence from China	33
Population age structure, industry return, and portfolio strategy: Capitalizing on the trend of population aging in China	32
Digital merger & acquisition and corporate innovation: Evidence from China	32
Linking labor with capital: How employee friendly treatment impact trade credit availability	32
The role of venture capital in promoting innovation in key & core technology companies: A pre-registered study	31
Paying for pollution: Air quality and executive compensation	31
Price limit and stock market quality: Evidence from a quasi-natural experiment in the Chinese stock market	31
Digital transformation and corporate capital structure: Evidence from China	31

The value of family social capital in informal financial markets: Evidence from China	31
Motives for environmental and social engagement and stock liquidity: The moderating role of sustainability committees	30
Financial geographic density and corporate financial asset holdings: Evidence from China	30
Corporate leverage and leverage speed of adjustment: Does environmental policy stringency matter?	30
Executive pay restrictions, political promotion, and firm efficiency: Evidence from China	29
Gender, society, and financial inclusion: Evidence from matrilineal and patriarchal societies	28
How air pollution influences corporate credit spreads: A pre-registered report	28
“Only children” and entrepreneurship in China: Spillover effects and mechanisms	28
Watchdogs or Petdogs: The role of media freedom on banking system stability	28
Corporate green transformation and bankruptcy risk: Empirical evidence from Chinese manufacturing firms	28
Measuring the association between short selling and price efficiency: A new stock-level analysis	28
The spillover effect of dishonesty across markets: PEP fund reallocation and bond rating	27
COVID-19 vaccinations and risk spillovers: Evidence from Asia-Pacific stock markets	27
Does short-term momentum exist in China?	27
The dynamic impact of monetary policy on financial stability in China after crises	27
Illusion momentum and cross-sectional returns	26
Reassessing bond pricing efficiency: The effects of deregulating mandatory bond ratings	26
Before thrive, first survive: The impact of controlling shareholder pledging on corporate ESG performance	26
Employee pension welfare and corporate risk-taking: Evidence from the enterprise annuity system in China	26
Only the connected survive: Common ownership and corporate resilience	26
Economic policy uncertainty and bank systemic risk: A cross-country analysis	26
Cross-border financial risk transmission under China's bond market opening	26
Financial stress and returns predictability: Fresh evidence from China	26
From academia to the courtroom: Impact of academic executives on corporate litigation risk	25
Does firm financialization affect optimal real investment decisions? Evidence from China	25
Lead investors' insider ownership and crowd investors' agency concerns in investor-led equity crowdfunding	25
Hedging financial turbulence risk with textual analysis	25
Mispricing and anomalies in China	25
Predicting financial fraud in Chinese listed companies: An enterprise portrait and machine learning approach	25
Robot adoption and firm's capacity utilization: Evidence from China	24
Does social network improve corporate financing efficiency? Evidence from China	24
The journey is the reward: A study of corporate site visits and mutual fund performance	24
Financial literacy and household financial behavior in Singapore	24
Optimization-based spectral end-to-end deep reinforcement learning for equity portfolio management	24
Corporate responses to systemic risk: Talk and action	24
The impact of central environmental inspection on institutional ownership: Evidence from Chinese listed firms	24
Cultural proximity and CEO remuneration	23
Culture and household carbon emissions: Evidence from China	23
Board gender diversity and default risk in a bank-based financial system: A pre-registered report	23
Muslim CEOs, risk-taking and firm performance	23
Which investor corrects mispricing around earnings announcements?	23
The uncertainty of RMB exchange rate expectation and foreign investment: Evidence from Cross-border M&As in China	23
On the side effects of mandatory gender diversity laws in corporate boards	23
Uneasy lies the head that wears a crown: Firm network status and market response to negative rumors	22
Does digital finance improve household financial health? Evidence from China	22
Care or fear? The link between D&O liability insurance and CSR engagement: Evidence from China	22
Does cultural diversity affect trade credit provision?	22
Greening through central inspection: The role of legitimacy pressure and risk-taking	22
News sentiment and the cost of debt	22
Involuntary political connections and private firms' tax avoidance	21
Information disclosure, product market competition and payout policy	21
Product network and origin of common equity factor risks	21
Mood seasonality around the globe	21
Not all market participants are alike when facing crisis: Evidence from the 2015 Chinese stock market turbulence	20
Unlocking the power of roots: Local CEOs and corporate maturity mismatch	20
Lost in excess capital: Labor market consequences of IPO oversubscription in China	20
How does the COVID-19 pandemic change the disposition effect in fund investors?	20
The effect of margin-trading and short-selling mechanism on left-tail risk: Evidence from a quasi-natural experiment in China	20
Ownership structure and carbon emissions reduction	20
Conditional volatility targeting strategy considering jump effects: Evidence from sustainable ESG equity index	20
Saving for whose pocket? Divergence between employee wages and corporate cash holdings	20
Cross-industry knowledge spillovers through shared analyst coverage: Evidence from green technologies	19
CEO's poverty imprints and corporate financial fraud: Evidence from China	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
The importance of speed to corporate financial asset holdings: Evidence from high-speed rail	19
A sustainable approach to portfolio allocation: Incorporating market-based climate transition risk exposure	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
Investor behaviors and heuristics based on lunar superstition beliefs: A pre-registered report	19
Culture and confidence in financial knowledge testing	18
The unintended consequence of local government debt: Evidence from auditors' risk perception	18
Sustainable finance analysis of commercial banks in China	18
Do remote meetings and board hierarchy impact the voting behavior of independent board directors?	18
A study of financial market resilience in China — From a hot money shock perspective	18
Reform of fiscal hierarchy and corporate innovation: Evidence from the ‘Province-Managing-County’ fiscal reform in China	18
Exacerbate or alleviate? Impact of controlling shareholders' share pledging on over-investment	18
Increase or decrease: Customer digital transformation and supplier cost stickiness	18
Forecasting Chinese stock market volatility with high-frequency intraday and current return information	17
Gender culture and cross-border mergers and acquisitions: The deals with RCEP targets	17
Analysis of tail risk contagion among industry sectors in the Chinese stock market during the COVID-19 pandemic	17
Efficient monitoring through debt diversity: Insights on tunneling practices in Indian listed firms	17

Liquidity shock and stock returns in the Japanese equity market	17
Machine learning in the Australian equity market	17
High-dimensional portfolio optimization based on tree-structured factor model	17
Navigating competitive pressures: The impact of banking competition on corporate short-term borrowing for long-term investment	17
Do buyback anomalies explain the stock return in Japan? A pre-registered report	17
Does innovative disruption impact credit markets? Evidence from China	16
International stock return predictability: The role of U.S. uncertainty spillover	16
Competition laws and corporate risk-taking around the world	16
Latent cultural forces: Communist heritage and stock price crash risk in China	16
Should managers be incentivized with stock or options? Evidence from China	16
Digital financial inclusion, traditional finance system and household entrepreneurship	16
Do corrupt practices lead to increased cash holdings in firms? International evidence	16
Bank financing diversification, market structure, and stability in a dual-banking system	16
Does the semi-mandatory dividend policy affect firm innovation? Evidence from China's capital market	16
Great Chinese famine, corporate social responsibility and firm value	16
Does engagement by large asset managers enhance governance of target firms?	16
Exceed your duty: The substitution effect of minority investor governance on institutional site visits	16
Retail investors and the behavioral component of idiosyncratic volatility	16
How does the quality of institutions influence the cash conversion cycle of firms?	15
Corporate financialization and investment efficiency: Evidence from China	15
The nexus of peer-to-peer lending and monetary policy transmission: Evidence from the People's Republic of China	15
Intellectual property rights enforcement and mergers and acquisitions: Evidence from China	15
Revisiting the momentum effect in Taiwan: The role of persistency	15
Foreign investor trading, local investor mimicry and stock price volatility	15
Institutional investors' information access and executive pay gaps: Evidence from corporate site visits in China	15
Digital economy policies and enterprise digital transformation: A quasi-natural experiment of digital economy pilot zones	15
When they say ‘not affected’, what do they mean? Evidence from trade disputes	15
Editorial Board	15
Board diversity and the marginal value of corporate cash holdings	15
Do investors' site visits affect the price of bond issues?	15
Dissecting the links among profitability, the disposition effect, and trading activity	15
Structural news shock, financial market uncertainty and China's business fluctuations	15
Analyzing the impact of sustainable performance on working capital management: Evidence from emerging markets	14
Editorial Board	14
Impact of perceived unlucky years on investment performance: Evidence from Chinese cultural beliefs	14
How are green stocks and monetary policy related?	14
The construction of social credit system and corporate innovation: 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
Do listed companies fulfill their public commitments? Evidence from the stake-raising commitments of Chinese companies	14
The influence of stock market liberalization on labor investment decisions: Evidence from China	14
Pricing implications of intervention and debt management in the primary market of Japanese government bonds	14
Financial mismatch on corporate debt default risk: Evidence from China	14
Prospect theory and mutual fund flows: Evidence from China	14
ESG performance and loan contracting in an emerging market	14
A shock to CEOs' external environment: terrorist attacks and CEO pay	14
Entrepreneurial finance, primary equity markets, and growth: Evidence from a macro-panel of 97 economies	14
Can board refreshment mitigate managerial power: New evidence from the MENA region	14
Does internal control affect firms' use of derivatives? Evidence from China	14
Whac-a-mole: China's debt policies and local debt risks	14
The green governance effect of retail investor attention: Evidence from China's investor interactive platforms	14
Does the risk spillover in global financial markets intensify during major public health emergencies? Evidence from the COVID-19 crisis	14
The impact of displaced commercial risk on the performance of Islamic banks	14
Does market competition foster related party transactions? Evidence from emerging market	14
Conservatism and silence: The clan premium	14
Benchmarking deep reinforcement learning approaches to trade execution	13
Religion vs. ethics: Tail dependence between Sukuk, green bond, Islamic Fintech, and fourth industrial revolution assets	13
Green finance policy and labor demand: Evidence from China	13
Factors and anomalies in the Vietnamese stock market	13
Earnings management, horizon problem, and advisor posts for retiring CEOs	13
Geographic disparities in bank lending: Evidence from an auto loan market	13
Dual institutional shareholders and stock price volatility——Evidence from fund investors in China	13
Navigating the “twin titans” of global manufacturing: The impact of US and China on industrial production forecasting in G20 nations	13
How do banks price carbon risk? Evidence from India	13
Social media sentiment contagion and stock price jumps and crashes	13
Enterprise digital transformation and return comovement of business groups	13
Does systemic risk affect fund managers' tail risk-taking?	13
How do credit default swap spreads react to languages?	13
RETRACTED: Mapping fear in financial markets: Insights from dynamic networks and centrality measures	13
Chinese stock anomalies and investor sentiment	13
Is there a time-series momentum effect in the Asian crude oil futures market?	13
Bank digital transformation and risk-taking: Evidence from 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	13
Return predictability of short-selling and financial distress firms: Evidence from Korean stock market	13
Anti-corruption and within-firm pay gap: Evidence from China	12
Supply chain digitization and corporate maturity mismatch: Evidence from a quasi-natural experiment	12
Relocating innovation within firms: The impact of real estate booms on innovation transfer	12
CEO-CFO tenure consistency and audit fees	12
Distance, information and bank lending in China	12
Non-financial information uncertainty, firm growth, and market value during crisis: Evidence from China	12
Economic policy uncertainty and capital flows' tail risk in China	12
Does corporate ESG create value? New evidence from M&As in China	12
Economies of scope in the Japanese banking industry	12
Fintech revolution in banking: A double-edged sword?	12
The changing face of consumer credit: Evidence from a big tech platform in China	12
The role of anti-tax avoidance in tax base flow and international tax competition	12
Talk less and do more: Expected strategic adjustments vs. actual changes in the Chinese firms	12
Retraction notice to ‘Mapping fear in financial markets: Insights from dynamic networks and centrality measures [PACFIN, Volume 85C, 2024, 102368]’	12
To outperform: Sell-in-May enhanced with bond investments	12
Relative performance evaluation and investment efficiency	12
COVID-19 and policy responses: Early evidence in banks and FinTech stocks	12
Information asymmetry in reinsurance through various ceded contracts	12
Cognitive ability and household portfolio diversification: Evidence from China	12
Intelligent manufacturing and post-pandemic growth: Evidence from China	12
Stock market volatility spillovers from U.S. to China: The pivotal role of Hong Kong	12
Firm performance following actual share repurchases: Effects of investment crowding out and financial flexibility	12