Journal of Corporate Finance

Article	Citations
Peer-level analyst transitions	324
Insider pledging: Its information content and forced sale	194
Buffing firm innovation by lobbying	185
Pre-IPO hype by affiliated analysts: Motives and consequences	180
Imbalanced ESG investing?	150
Product market competition with CDS	149
Judicial independence and crash risk: Evidence from a natural experiment in China	119
Fictitious dividend cuts in the CRSP data	113
Political connection, CEO gender, and firm performance	112
Can employee welfare policies insure workers against fluctuations in employment?	101
Non-financial corporations and systemic risk	100
Long-term institutional investors and climate change news Beta	92
Corporate ownership and ESG performance	91
Labor unions and real earnings management	82
Earnings announcements in China: Overnight-intraday disparity	78
Mergers and acquisitions with private equity intermediation	78
Zombie lending due to the fear of fire sales	76
Local product market competition and bank loans	75
The real impacts of third-party certification on green bond issuances: Evidence from the Chinese green bond market	68
Economic magnitudes within reason	68
Corporate divestitures around acquisitions	67
Board directors' foreign experience and firm dividend payouts	66
Venture capitalist directors and managerial incentives	65
Signaling through timing of stock splits	63
Have banks caught corona? Effects of COVID on lending in the U.S.	61

Right-to-Work laws and corporate innovation	56
Anti-collusion leniency legislations and IPO activity: Worldwide evidence	53
Taking no chances: Lender concentration and corporate acquisitions	52
Leggso: Financing experimentation	51
Learning and staged equity financing	48
Serving multiple ‘masters’: Evidence from the loan decisions of a publicly listed state-owned bank around a massive economic stimulus programme	47
Editorial Board	47
Dividend taxation and the ownership structure of private firms	46
Islamic bonds ratings and the price of risk	46
Exposures to common shocks along supply chains and relative performance evaluation in CEO compensation contracts	45
Inventory investment and the choice of financing: Does financial development play a role?	45
Liquidity and clientele effects in green debt markets	45
Do bank shocks affect physical or R&D investments more? Evidence from Japan	45
Government contracts and labor investment efficiency	45
A review of DAO governance: Recent literature and emerging trends	44
CEO overconfidence and bondholder wealth effects: Evidence from mergers and acquisitions	43
Director networks and firm value	42
Local religiosity and financial advisor misconduct	41
Political uncertainty and institutional herding	41
Bank market power and financial reporting quality	40
Corporate socio-political activism and retail investors: Evidence from the Black Lives Matter campaign	39
Haste doesn't bring success: Top-down amplification of economic growth targets and enterprise overcapacity	39
Do options trading activities affect underlying firms' asymmetric cost behavior?	38
Pandemics and financial development: A lesson from the 1918 influenza pandemic	38
Editorial Board	38
National Culture and the Value Implications of Corporate Environmental and Social Performance	38
Credit default swaps, the leverage effect, and cross-sectional predictability of equity and firm asset volatility	38
Debt maturity dispersion and the cost of bank loans	37
May the force be with you: Investor power and company valuations	37
Money isn't everything: Compensation of locally educated executives	35
Polarized corporate boards	35
Dividend hibernation and future earnings: When no dividend news is good news	35
Macroprudential policy and intra-group dynamics: The effects of reserve requirements in Brazil	35
Social diversity in corporate boards and firm outcomes	34
CSR contracting and performance-induced CEO turnover	34
Major customers and carbon footprints along the supply chain	32
Informed options trading before FDA drug advisory meetings	32
Board gender diversity and responsible banking during the COVID-19 pandemic	32
The intangible shift: Redefining the dynamics of market-to-book ratios	31
Sunshine-induced mood and SEO pricing: Evidence from detailed investor bids in SEO auctions	31
The impact of delay: Evidence from formal out-of-court restructuring	30
Editorial Board	30
Speculative bubbles under supply constraints, background risk and investment fraud in the art market	30
Does farming culture shape household financial decisions?	30
Tightening monetary policy and investment dynamics in the European Monetary Union: Firm- and country-level heterogeneity	30
Early-stage venture financing	29
Do “say-on-pay” votes affect M&A decisions?	29
U.S. multinationals' alternatives to paying taxes	29
Customer identity concealing and insider selling profitability: Evidence from China	28
Risk, return, and environmental and social ratings	28

Heterogeneity in independent non-executive directors' attributes and risk-taking in large banks	28
Board financial expertise and the capital decisions of US banks	28
Does marriage equality promote credit access? Evidence from same-sex marriage laws	27
The bright side of the internal labor market: Evidence from the labor cost stickiness of firms affiliated with privately owned business groups in China	27
Managerial incentives and trade credit: Evidence from China's EVA appraisal reform among CSOEs	27
The influence of the media on government decisions: Evidence from IPOs in China	27
Debt structure and debt overhang	27
The impact of automation on firms' reporting quality	27
Duration of executive compensation and maturity structure of corporate debt	27
Financing constraints and share pledges: Evidence from the share pledge reform in China	26
Innovation beyond firm boundaries: Strategic alliances and corporate innovation	26
Unpacking the black box of ICO white papers: A topic modeling approach	26
Robust inference in single firm/single event analyses	26
Foundation ownership and sustainability	25
The role of personal income taxes in corporate investment decisions	25
Early individual stakeholders, first venture capital investment, and exit in the UK startup ecosystem	25
Female CFOs, leverage and the moderating role of board diversity and CEO power	24
The Long-term effect of social disasters on stock market participation	24
Executive incentives under common ownership	24
Dynamic incentive contracts for ESG investing	24
Naïve or sophisticated? Information disclosure and investment decisions in peer to peer lending	24
Seasoned equity crowdfunded offerings	24
Corporate diversification, investment efficiency and the business cycle	24
Do gender diverse boards enhance managerial ability?	24
The anatomy of corporate securitizations and contract design	24
Outside director social network centrality and turnover before stock performance crash: A friend in need?	23
Automation cost flexibility and firm value	23
Individual investors matter: The effect of investor-firm interactions on corporate earnings management	23
Underwriting bank bonds: Information sharing, certification and distribution networks	23
Prosocial CEOs and the cost of debt: Evidence from syndicated loan contracts	23
Cybersecurity risk and corporate innovation	23
Innovation for promotion: The effect of executive involvement on inventors' innovation choice	23
(Black)Rock the vote: Index funds and opposition to management	23
Offshore activities and corporate tax avoidance	23
Director self-dealing: Evidence from compensation peer groups	22
Overlapping institutional ownership along the supply chain and earnings management of supplier firms	22
Bankruptcy, overlapping directors, and bank loan pricing	22
Dark trading volume and market quality: A natural experiment	22
Relationship-based debt financing of Chinese private sector firms: The role of social connections to banks versus political connections	22
Does corrupt practice increase the implied cost of equity?	22
Corporate investment and growth opportunities: The role of R&D-capital complementarity	22
Does commercial reform embracing digital technologies mitigate stock price crash risk?	22
CEO personality traits, strategic flexibility, and firm dynamics	21
Stakeholder preference and strategic corporate social responsibility	21
Editorial Board	21
Adoption of central bank digital currencies: Initial evidence from China	21
R&D tax credits, technology spillovers, and firms' product convergence	21
Asymmetric response to earnings news across different sentiment states: The role of cognitive dissonance	21
The finance of climate change	21
A primer on oracle economics	21
The information value of M&A press releases	20
Decomposing value gains – The case of the best leveraged buy-out ever	20
Influential independent directors' reputation incentives: Impacts on CEO compensation contracts and financial reporting	19
Impact of internal governance on investment policy: Evidence from CEO voluntary turnovers	19
The informational consequences of good and bad mergers	19
Foreign competition and CEO risk-incentive compensation	19
Corrigendum to “Corporate culture and CEO turnover” [Journal of Corporate Finance, 28 (2014) 66–82]	19
Regulation and information costs of sovereign distress: Evidence from corporate lending markets	18
Securities litigation risk and board gender diversity	18
Are non-family successors all the same? Inside-promoted vs. outside-sourced	18
The information advantage of industry common owners and its spillover effect on stock price crash risk	18
Hostile takeovers or friendly mergers? Real options analysis	18
Natural disasters, risk salience, and corporate ESG disclosure	17
Individualism, formal institutional environments, and bank capital decisions	17
Courting innovation: The effects of litigation risk on corporate innovation	17
Which antitakeover provisions deter takeovers?	17
Corporate site visit and tax avoidance: The effects of monitoring and tax knowledge dissemination	17
Volatility of implied volatility and mergers and acquisitions	17
Labor-saving innovations and capital structure	17
Gender board diversity and the cost of bank loans	16
Economic preferences for risk-taking and financing costs	16
Firms save from bonds but not from loans	16
The role of divestitures in horizontal mergers	16
Law and borders: Entrepreneurs' immigration status and trade credit	16
Opioid epidemic and corporate innovation	16
The role of individual investment bankers in IPO pricing: Evidence from investor bidding behavior	16
Dare to play with fire? Managerial ability and the use of short-term debt	16
Seeking efficiency or price gouging? Evidence from pharmaceutical mergers	15
Customer orientation and stock resilience during adversity periods	15
Natural disasters and firm leasing: A collateral channel	15

Managers' cultural origin and corporate response to an economic shock	15
Option compensation, risky mortgage lending, and the financial crisis	15
Pricing of project finance bonds: A comparative analysis of primary market spreads	15
The dark side of asset redeployability through the lens of corporate employment decisions	15
Local political corruption and Firm's non-GAAP reporting	15
The real impacts of public short campaigns: Evidence from stakeholders	15
Supply chain vertical common ownership and cost of loans	15
Investor–firm interactions and corporate investment efficiency: Evidence from China	14
Environmental regulations, supply chain relationships, and green technological innovation	14
Backing away from ESG? The effect of sovereign rating downgrades on corporate sustainability	14
Air pollution and employee treatment	14
Can a not-for-profit minority institutional shareholder make a big difference in corporate governance? A quasi-natural experiment	14
Institutional dual ownership and voluntary greenhouse gas emission disclosure	14
The role of financial constraints in firm investment under pollution abatement regulation	14
Corporate governance reforms, societal trust, and corporate financial policies	14
The long-term effects of loan guarantees on SME performance	13
To pollute or not to pollute: Political connections and corporate environmental performance	13
Societal secrecy and IPO underpricing	13
Green credit and its obstacles: Evidence from China's green credit guidelines	13
Editorial Board	13
Green banking illusion? The influence of “Eco-Conscious” bank shareholders on credit allocation	13
Corrigendum to “Corporate board reforms around the world and stock price crash risk” 62 (2020) 101557	13
Mandatory corporate social responsibility and foreign institutional investor preferences	13
Editorial Board	13
Editorial: Ownership and corporate social and sustainable policies	13
Machine Learning for the Unlisted: Enhancing MSME Default Prediction with Public Market Signals	13
The equity value implications of court ideology: Evidence from federal judge turnover	13
CEOs' narcissism and opportunistic insider trading	12
Does tax reform affect labor investment efficiency?	12
Understanding stock price behavior around external financing	12
Talented inside directors and corporate social responsibility: A tale of two roles	12
A shot in the arm: Economic support packages and firm performance during COVID-19	12
Perceptions of corporate corruption culture and debt contracting	12
Why are distressed firms acquisitive?	12
Editorial Board	12
Governance, information flow, and stock returns	12
How alternative finance informs central themes in corporate finance	12
Making honest men of them: Institutional investors, financial reporting, and the appointment of female directors to all-male boards	12
Divided we fall: Congressional cycles, the stock market and firm performance	12
The impact of product market competition on workplace safety	12
The role of the end time in experimental asset markets	11
Are family and friends the wrong investors? Evidence from U.S. start-ups	11
Changes in CEO stock option grants: A look at the numbers	11
Fintech, financial constraints and innovation: Evidence from China	11
Employment mobility and pay for sector performance	11
Contingent convertible bonds: Optimal call strategy and the impact of refinancing	11
The effect of geographic proximity on corporate tax avoidance: Evidence from China	11
Editorial Board	11
Illuminating the murk: The effect of business complexity on voluntary disclosure	11
Boardroom networks and corporate investment	10
The role of employer learning and regulatory interventions in mitigating executive gender pay gap	10
Underwriter incentives and IPO pricing	10
Does environmental and social performance affect pricing efficiency? Evidence from earnings conference call tones	10
Managerial discretion and efficiency of internal capital markets	10
Benchmarking private equity: The direct alpha method	10
Mutual funds' capital gains lock-in and earnings management	10
Are all activists created equal? The effect of interventions by hedge funds and other private activists on long-term shareholder value	10
Stock liquidity and corporate labor investment	10
The influence of media slant on short sellers	10
Corporate insider purchases and the options market: Competition among informed investors	9
Ancestral connections and corporate alliances	9
Innovation Success and Capital Structure	9
The gender gap in bank credit access	9
Regional redistribution through SBA guaranteed loan programs	9
The effect of social connections on capital structure in supplier-customer relationships	9
Do younger CEOs really increase firm risk? Evidence from sudden CEO deaths	9
Editorial Board	9
Do firms manage their share prices to mitigate investor short-termism?	9
Outside directors' equity incentives and strategic alliance decisions	9
Effectiveness of monitoring, managerial entrenchment, and corporate cash holdings	9
Executive compensation and secured debt: Evidence from REITs	9
Callable or convertible debt? The role of debt overhang and covenants	9
Editorial Board	9
One false step can make a great difference: Does corporate litigation cause the exit of the controlling shareholder?	9
Boards of Banks	9
JCF special issue on private equity editorial	9
Gender bias, board diversity, and firm value: Evidence from a natural experiment	9
Fraud commitment in a smaller world: Evidence from a natural experiment	8
Industrial policy and governmental venture capital: Evidence from China	8
Punishment or deterrence? Environmental justice construction and corporate equity financing––Evidence from environmental courts	8
Beta estimation precision and corporate investment efficiency	8
Editorial Board	8
How useful are commercial corporate governance ratings? Evidence from emerging markets	8
Does gender diversity on banks' boards matter? Evidence from public bailouts	8
Credit default swaps and corporate debt structure	8
Editorial Board	8
Clawback adoptions and institutional investment decisions	8
Do investors benefit from MiFID II unbundling?	8
Iron curtain echoes: The enduring impact of communism and crowdfunding	8
Networks and information in credit markets	8
Stock liquidity, empire building, and valuation	8
CEO cultural heritage and corporate social responsibility	8
Rating on a behavioral curve	8
Crowdfunding as gambling: Evidence from repeated natural experiments	8
Tunneling through trademarks	7