Pacific-Basin Finance Journal

Article	Citations
Banking uncertainty and cash conversion cycle	284
Foreign branch and bank lending decisions: Evidence from high-risk borrowers	279
Editorial Board	143
Agreeing to disagree: Informativeness of sentiments in internet message boards	139
Herd to repurchase	113
How retail investors affect the stock market?	106
Demystifying COVID-19 policy actions: The case of inflation control in ASEAN	99
Does the investment-profitability correlation affect the factor premiums? Evidence from China	98
Forecasting VaRs via hybrid EVT with normal and non-normal filters: A comparative analysis from the Chinese stock market	84
Momentum investing and a tale of intraday and overnight returns: Evidence from Taiwan	84
Share pledge lending, monetary policy, and shadow banking nexus	78
Restrictive bond covenants: Evidence from family firms in China	77
Two-step price adjustments of IPO book building in Japan	76
Digital empowered business environment and enterprise innovation: Evidence from China	74
Managerial discretion over initial earnings forecasts	72
Forecasting Chinese stock market volatility with option-implied risk aversion: Evidence from extended realized EGARCH-MIDAS approach	72
Pricing family leadership: Evidence from audit fees	72
Insiders' stock pledging disclosures and credit ratings: Evidence from India	67
Can Fintech development improve the financial inclusion of village and township banks? Evidence from China	64
Can strengthened financial regulation reduce monopsony power in superstar firms? Evidence from China's asset management reform	64
Clan culture and corporate innovation	62
Do multiple large shareholders matter in financial firms? Evidence from China	62
An empirical evaluation of the salience-based asset pricing model: Evidence from Australia	61
China's illiquidity premium: Due to risk-taking or mispricing?	61
The effect of Tobin's q on investment in a bank-based financial system: Evidence from Japan	60

Bank credit to SMEs in Japan: Evidence from normal times, the global financial crisis, and the COVID-19 crisis	59
The role of customer stability in corporate trade credit provision	59
Managerial successions and family firms' access to trade credit financing: Evidence from China	57
Official visits and stock price crash risk	57
Is attention-based stock buying profitable? Empirical evidence from Chinese individual investors	57
Domestic liquidity of cross-listed stocks: Evidence from the ADR market	56
Individual defense and joint defense: A new defensive portfolio selection method based on stock network structure	56
Clustering effects and spillover effects in major global government bond markets during the COVID-19 pandemic	55
Local urban investment bonds and the profitability of firms	55
Does transition finance policies persistently fuel green innovation in brown firms? Investigating the roles of ESG rating and bank connection	54
The conjoint effects of corporate social responsibility performance and report tone on financial constraints: Evidence from China	53
Is company textual innovation disclosure effective? Evidence from China	51
Collateral reuse as a direct funding mechanism in repo markets	50
Editorial Board	48
Ownership acceleration and the volume volatility-return link: Evidence from China	48
Index-tracking rigidity and arbitrage opportunities in MSCI index reconstitutions	47
To fix or not to fix: The representativeness of the WM/R methodology that underpins the FX benchmark rates. A pre-registered report	45
The nonlinear impact of oil price uncertainty on firm innovation: Evidence from China’s listed firms	45
The role of financial flexibility in corporate cash donations	45
Digital finance and science-based innovation: Evidence from Chinese leading manufacturing firms	45
Forecast disagreement about firm-level profitability and uncertainty	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
Risk factors in the Indonesian stock market	44
Reexamining the impact of closing call auction on market quality: A natural experiment from the Shanghai stock exchange	44
Financial geographic density and corporate financial asset holdings: Evidence from China	43
The peer effects of corporate social responsibility in China: A pre-registered study	43
Can convertible bond trading predict stock returns? Evidence from China	43
Executive pay restrictions, political promotion, and firm efficiency: Evidence from China	42
The role of venture capital in promoting innovation in key & core technology companies: A pre-registered study	41
Digital transformation and corporate capital structure: Evidence from China	38
Corporate leverage and leverage speed of adjustment: Does environmental policy stringency matter?	38
Who watches what and why it matters: Attention allocation, tug-of-war, and market resiliency: A pre-registered report	37
Motives for environmental and social engagement and stock liquidity: The moderating role of sustainability committees	37
Do M&A funds create value in Chinese listed firms?	37
The impact of government open data platform construction on corporate capital market performance: Evidence from stock liquidity	37
Extreme illiquidity and stock returns: Evidence from Thailand market	36
Dealership versus continuous auction: Evidence from the JASDAQ market	36
Passive investors and concentration of intraday liquidity: Evidence from the Tokyo Stock Exchange	36
The spillover effect of delisting risk on stock price synchronicity of regional peer firms	35
Market-based reforms in share issuance and stock price crash risk: Evidence from China	35
An extension analysis of Amihud's illiquidity premium: Evidence from the Taiwan stock market	34
Digital merger & acquisition and corporate innovation: Evidence from China	33
Confucianism and D&O insurance demand of Chinese listed companies	33
The asymmetric innovation effects of heterogeneous government subsidies: A new perspective from GDP target deviation	33
Leverage effect in cryptocurrency markets	33
Does improved IPO access stimulate venture capital? Evidence from China's registration-based reform	33
Does judicial procedure reform affect firms' access to trade credit? Evidence from China	33
Paying for pollution: Air quality and executive compensation	32
Linking labor with capital: How employee friendly treatment impact trade credit availability	32

Population age structure, industry return, and portfolio strategy: Capitalizing on the trend of population aging in China	32
Do firms accumulate cash balances through financing persistent negative cash flows? Evidence from China	31
Heterogeneity in shareholder activism: Evidence from Japan	31
The value of family social capital in informal financial markets: Evidence from China	31
Price limit and stock market quality: Evidence from a quasi-natural experiment in the Chinese stock market	30
Patient capital and corporate digital transformation: Evidence from Chinese A-share listed firms	30
Watchdogs or Petdogs: The role of media freedom on banking system stability	29
Spillover effects of MSCI inclusion announcement: Evidence and implications from China	29
Measuring the association between short selling and price efficiency: A new stock-level analysis	29
How air pollution influences corporate credit spreads: A pre-registered report	29
Only the connected survive: Common ownership and corporate resilience	28
Illusion momentum and cross-sectional returns	28
Muslim CEOs, risk-taking and firm performance	28
Gender, society, and financial inclusion: Evidence from matrilineal and patriarchal societies	28
Financial literacy and household financial behavior in Singapore	28
Corporate green transformation and bankruptcy risk: Empirical evidence from Chinese manufacturing firms	27
Mispricing and anomalies in China	27
Financial stress and returns predictability: Fresh evidence from China	27
Employee pension welfare and corporate risk-taking: Evidence from the enterprise annuity system in China	27
From academia to the courtroom: Impact of academic executives on corporate litigation risk	27
The spillover effect of dishonesty across markets: PEP fund reallocation and bond rating	26
Economic policy uncertainty and bank systemic risk: A cross-country analysis	26
Predicting financial fraud in Chinese listed companies: An enterprise portrait and machine learning approach	26
Does short-term momentum exist in China?	26
Lead investors' insider ownership and crowd investors' agency concerns in investor-led equity crowdfunding	26
Before thrive, first survive: The impact of controlling shareholder pledging on corporate ESG performance	26
Reassessing bond pricing efficiency: The effects of deregulating mandatory bond ratings	26
“Only children” and entrepreneurship in China: Spillover effects and mechanisms	26
The dynamic impact of monetary policy on financial stability in China after crises	26
Robot adoption and firm's capacity utilization: Evidence from China	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
Does social network improve corporate financing efficiency? Evidence from China	25
Optimization-based spectral end-to-end deep reinforcement learning for equity portfolio management	25
Corporate responses to systemic risk: Talk and action	25
Patriotic sentiment and stock excess returns: Evidence from the exogenous shock of Huawei-Meng Wanzhou incident	24
COVID-19 vaccinations and risk spillovers: Evidence from Asia-Pacific stock markets	24
Does firm financialization affect optimal real investment decisions? Evidence from China	24
The impact of central environmental inspection on institutional ownership: Evidence from Chinese listed firms	24
Perceived uncertainty and family control	24
Cross-border financial risk transmission under China's bond market opening	24
Uneasy lies the head that wears a crown: Firm network status and market response to negative rumors	23
Involuntary political connections and private firms' tax avoidance	23
Product network and origin of common equity factor risks	23
Information disclosure, product market competition and payout policy	23
Mood seasonality around the globe	23
Cultural proximity and CEO remuneration	22
Care or fear? The link between D&O liability insurance and CSR engagement: Evidence from China	22
Are Islamic banks more resilient to the crises vis-à-vis conventional banks? Evidence from the COVID-19 shock using stock market data	22
How does the COVID-19 pandemic change the disposition effect in fund investors?	22
Investor behaviors and heuristics based on lunar superstition beliefs: A pre-registered report	22
The effect of margin-trading and short-selling mechanism on left-tail risk: Evidence from a quasi-natural experiment in China	21
Board gender diversity and default risk in a bank-based financial system: A pre-registered report	21
Saving for whose pocket? Divergence between employee wages and corporate cash holdings	21
Which investor corrects mispricing around earnings announcements?	21
On the side effects of mandatory gender diversity laws in corporate boards	20
A sustainable approach to portfolio allocation: Incorporating market-based climate transition risk exposure	20
CEO's poverty imprints and corporate financial fraud: Evidence from China	20
Lost in excess capital: Labor market consequences of IPO oversubscription in China	20
The uncertainty of RMB exchange rate expectation and foreign investment: Evidence from Cross-border M&As in China	20
Cross-industry knowledge spillovers through shared analyst coverage: Evidence from green technologies	20
Not all market participants are alike when facing crisis: Evidence from the 2015 Chinese stock market turbulence	20
Ownership structure and carbon emissions reduction	20
Greening through central inspection: The role of legitimacy pressure and risk-taking	19
The unintended consequence of local government debt: Evidence from auditors' risk perception	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
Increase or decrease: Customer digital transformation and supplier cost stickiness	19
Exacerbate or alleviate? Impact of controlling shareholders' share pledging on over-investment	19
Unlocking the power of roots: Local CEOs and corporate maturity mismatch	19
Does digital finance improve household financial health? Evidence from China	19
Does cultural diversity affect trade credit provision?	19
The importance of speed to corporate financial asset holdings: Evidence from high-speed rail	19
A study of financial market resilience in China — From a hot money shock perspective	18
Sustainable finance analysis of commercial banks in China	18
Do corrupt practices lead to increased cash holdings in firms? International evidence	18
Conditional volatility targeting strategy considering jump effects: Evidence from sustainable ESG equity index	18
News sentiment and the cost of debt	18
Do remote meetings and board hierarchy impact the voting behavior of independent board directors?	18
Culture and household carbon emissions: Evidence from China	18
How volatility model specification affects volatility targeting performance: Evidence from Taiwan	18

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