Journal of Corporate Finance

Article	Citations
Firms and social responsibility: A review of ESG and CSR research in corporate finance	1015
Does CSR matter in times of crisis? Evidence from the COVID-19 pandemic	298
Fintech and access to finance	221
The impact of climate change on the cost of bank loans	206
Fintech, financial constraints and innovation: Evidence from China	191
Does board gender diversity affect renewable energy consumption?	175
Investor rewards to environmental responsibility: Evidence from the COVID-19 crisis	135
Climate risk: The price of drought	120
Does carbon risk matter for corporate acquisition decisions?	118
Dividends and economic policy uncertainty: International evidence	116
Integrating corporate social responsibility criteria into executive compensation and firm innovation: International evidence	114
CEO-director ties and labor investment efficiency	112
Digital Tulips? Returns to investors in initial coin offerings	112
Do employee-friendly firms invest more efficiently? Evidence from labor investment efficiency	106
CEO early-life disaster experience and stock price crash risk	105
Natural disasters, risk salience, and corporate ESG disclosure	103
Varieties in state capitalism and corporate innovation: Evidence from an emerging economy	99
ESG government risk and international IPO underpricing	96
Organizational capital, corporate tax avoidance, and firm value	91
Higher education and corporate innovation	88
Does good luck make people overconfident? Evidence from a natural experiment in the stock market	87
Does external uncertainty matter in corporate sustainability performance?	85
Trust and innovation: Evidence from CEOs' early-life experience	84
Annual report readability and the cost of equity capital	81
Twenty-five years of the Journal of Corporate Finance: A scientometric analysis	80

The impact of blockchain related name changes on corporate performance	79
Fiduciary duty or loyalty? Evidence from co-opted boards and corporate misconduct	79
The future of financial fraud	72
Does national culture affect corporate innovation? International evidence	70
Gender diversity and bank misconduct	66
Efficiency wages as gift exchange: Evidence from corporate innovation in China	66
Mandatory CSR expenditure and stock market liquidity	65
Air pollution and employee treatment	64
Does gender diversity on banks' boards matter? Evidence from public bailouts	63
Stakeholders and the stock price crash risk: What matters in corporate social performance?	63
Stereotypes in financial literacy: Evidence from PISA	61
To pollute or not to pollute: Political connections and corporate environmental performance	61
Financial distress risk and stock price crashes	60
Does bankruptcy law improve the fate of distressed firms? The role of credit channels	60
Institutional investor distraction and earnings management	59
Confucianism, successor choice, and firm performance in family firms: Evidence from China	57
Multinationality and the value of green innovation	57
Corporate governance and cash holdings: Evidence from worldwide board reforms	56
Feeling right at home: Hometown CEOs and firm innovation	56
When green meets green	56
Do banks price environmental transition risks? Evidence from a quasi-natural experiment in China	56
Quality revealing versus overstating in equity crowdfunding	55
Natural disasters and analysts' earnings forecasts	54
Haste doesn't bring success: Top-down amplification of economic growth targets and enterprise overcapacity	54
Which criteria matter when impact investors screen social enterprises?	54
Female CFOs, leverage and the moderating role of board diversity and CEO power	53
The role of equity compensation in reducing inefficient investment in labor	51
The information transfer effects of political connections on mitigating policy uncertainty: Evidence from China	49
The gender gap in bank credit access	46
What do insiders know? Evidence from insider trading around share repurchases and SEOs	46
Fraud commitment in a smaller world: Evidence from a natural experiment	45
Managerial ability, corporate social culture, and M&As	45
Stock price effects of climate activism: Evidence from the first Global Climate Strike	45
CEO political preference and credit ratings	44
Have banks caught corona? Effects of COVID on lending in the U.S.	44
Implicit government guarantees and credit ratings	42
Political connection, CEO gender, and firm performance	41
The differential impact of corporate blockchain-development as conditioned by sentiment and financial desperation	41
Customer concentration and M&A performance	40
Need for speed: High-speed rail and firm performance	40
Terrorist attacks, investor sentiment, and the pricing of initial public offerings	40
Local peer effects of corporate social responsibility	40
National Culture and the Value Implications of Corporate Environmental and Social Performance	39
Revisiting acquirer returns: Evidence from unanticipated deals	38
Information manipulation in equity crowdfunding markets	37
Do CEO beliefs affect corporate cash holdings?	37
Do external labour market incentives constrain bad news hoarding? The CEO's industry tournament and crash risk reduction	36
Shareholder litigation rights and stock price crash risk	36
Does privatization reform alleviate ownership discrimination? Evidence from the Split-share structure reform in China	36
Securities litigation and corporate tax avoidance	36

Stock liquidity and corporate labor investment	35
Corporate failures: Declines, collapses, and scandals	35
The dark side of CEO social capital: Evidence from real earnings management and future operating performance	34
Is equity crowdfunding always good? Deal structure and the attraction of venture capital investors	33
Board reforms and debt choice	33
Corporate Twitter use and cost of equity capital	33
Returns and network growth of digital tokens after cross-listings	33
Investment, leverage and political risk: Evidence from project-level FDI	32
The failure of Chinese peer-to-peer lending platforms: Finance and politics	32
Transactional and relational approaches to political connections and the cost of debt	32
Corporate financing of investment opportunities in a world of institutional cross-ownership	32
Does gender diversity in the workplace mitigate climate change?	31
The effect of relationship banking on firm efficiency and default risk	31
Corporate managerial ability, earnings smoothing, and acquisitions	31
Do the resignations of politically connected independent directors affect corporate social responsibility? Evidence from China	30
Does trust matter for the cost of bank loans?	30
Institutional investment horizons, corporate governance, and credit ratings: International evidence	30
Institutional dual holdings and risk-shifting: Evidence from corporate innovation	29
Time for gift giving: Abnormal share repurchase returns and uncertainty	29
Gender board diversity and the cost of bank loans	29
State ownership and stock liquidity: Evidence from privatization	28
How alternative finance informs central themes in corporate finance	28
Lean against the wind: The effect of policy uncertainty on a firm's corporate social responsibility strategy	28
Diversity and women in finance: Challenges and future perspectives	28
Board monitoring, director connections, and credit quality☆	27
Does exposure to product market competition influence insider trading profitability?	27
The party school education and corporate innovation: Evidence from SOEs in China	27
Courting innovation: The effects of litigation risk on corporate innovation	27
Confidence and capital raising	27
The rise of decentralized cryptocurrency exchanges: Evaluating the role of airdrops and governance tokens	27
One way out of the share pledging quagmire: Evidence from mergers and acquisitions	27
CSR contracting and performance-induced CEO turnover	26
Bank competition and financing efficiency under asymmetric information	26
Sentiment analysis and gender differences in earnings conference calls	26
Mandatory corporate social responsibility and foreign institutional investor preferences	26
Firms' rationales for CEO duality: Evidence from a mandatory disclosure regulation	25
Political corruption and mergers and acquisitions	25
Economic policy uncertainty and cross-border lending	25
Natural disasters and economic growth: The role of banking market structure	24
Non-financial corporations and systemic risk	24
#MeToo: Sexual harassment and company value	24
Political Control, Corporate Governance and Firm Value: The Case of China	24
Institutional investor horizon and bank risk-taking	24
Let us work together: The impact of customer strategic alliances on IPO underpricing and post-IPO performance	24
Foreign institutional ownership and the speed of leverage adjustment: International evidence	23
Major shareholders’ trust and market risk: Substituting weak institutions with trust	23
Firm-level political risk and debt choice	23
The effect of managers on M&As	23
Credit rationing in P2P lending to SMEs: Do lender-borrower relationships matter?	23
Venture capital and corporate social responsibility	23
Can machines learn capital structure dynamics?	23
The real effects of credit constraints: Evidence from discouraged borrowers	23
Depoliticization and corporate cash holdings: Evidence from the mandated resignation of directors in China	23
The effect of board gender diversity on cross-listing	22
Managerial entrenchment and capital structure: The effect of diversification	22
Do CFOs matter? Evidence from the M&A process	22
Earnings management by classification shifting and IPO survival	22
CEO power and the likelihood of paying dividends: Effect of profitability and cash flow volatility	22
How does greater bank competition affect borrower screening? Evidence from China's WTO entry	22
Judicial independence and corporate innovation: Evidence from the establishment of circuit courts	22
Employee protection shocks and corporate cash holdings	22
Soft activism and corporate dividend policy: Evidence from institutional investors site visits	21
Can a not-for-profit minority institutional shareholder make a big difference in corporate governance? A quasi-natural experiment	21
The finance of climate change	21
Liquidity regulation and bank lending	21
When rain matters! Investments and value relevance	21
Large shareholder ownership types and board governance	21
Financial analysts' career concerns and the cost of private debt	21
Managerial liability and corporate innovation: Evidence from a legal shock	21
Has persistence persisted in private equity? Evidence from buyout and venture capital funds	20
CEO inside debt and internal capital market efficiency	20
Too gloomy to invest: Weather-induced mood and crowdfunding	20
Are bonds blind? Board-CEO social networks and firm risk	20
Market manipulation rules and IPO underpricing	20
Does local competition and firm market power affect investment adviser misconduct?	20
Does an anti-corruption campaign increase analyst earnings forecast optimism?	20
Analyst talent, information, and insider trading	20
Credit ratings and social capital	20
The effect of cultural and institutional factors on initiation, completion, and duration of cross-border acquisitions	20
Board gender diversity and responsible banking during the COVID-19 pandemic	19

The role of environmental, social, and governance rating on corporate debt structure	19
Concierge treatment from banks: Evidence from the paycheck protection program	19
Carrying on the family's legacy: Male heirs and firm innovation	19
Financial advice and gender: Wealthy individual investors in the UK	19
The effect of geographic proximity on corporate tax avoidance: Evidence from China	19
Does economic policy uncertainty drive the initiation of corporate lobbying?	19
What determines the composition of a firm's cash reserves?	19
Seasoned equity crowdfunded offerings	19
Talented inside directors and corporate social responsibility: A tale of two roles	19
Dividend taxes, employment, and firm productivity	19
The role of directors with related supply chain industry experience in corporate acquisition decisions	19
CEO country-specific experience and cross-border mergers and acquisitions	19
The influence of the media on government decisions: Evidence from IPOs in China	19
Unpacking the black box of ICO white papers: A topic modeling approach	19
Local religiosity, workplace safety, and firm value	18
Does venture capital syndication affect mergers and acquisitions?	18
How do firms cope with losses from extreme weather events?	18
Transforming the management and governance of private family firms: The role of venture capital	18
The relevance of investor rights in crowdinvesting	18
U.S. stock prices and the dot.com-bubble: Can dividend policy rescue the efficient market hypothesis?	18
Who wins and who loses from bank geographic deregulation? Analysis of financially constrained and unconstrained firms	18
The reversal of privatization in China: A political economy perspective	18
Bond covenants, bankruptcy risk, and the cost of debt	18
Board directors' foreign experience and firm dividend payouts	18
The effect of shareholder activism on earnings management: Evidence from shareholder proposals	18
The impact of internet penetration on venture capital investments: Evidence from a quasi-natural experiment	17
Does unionization affect the manager–shareholder conflict? Evidence from firm-specific stock price crash risk	17
Impact of venture capital holding on firm life cycle: Evidence from IPO firms	17
Corporate media connections and merger outcomes	17
Social capital and entrepreneurial financing choice	17
A global analysis of Private Investments in Public Equity	17
Green credit and its obstacles: Evidence from China's green credit guidelines	17
Money chasing hot industries? Investor attention and valuation of venture capital backed firms	17
Credit ratings and acquisitions	17
What drives the active involvement in business angel groups? The role of angels' decision-making style, investment-specific human capital and motivations	17
Institutional investors and bank governance: An international analysis of bank earnings management	17
Bank deregulation and stock price crash risk	17
Outsourcing flexibility under financial constraints	17
Local product market competition and bank loans	17
Corporate investment and growth opportunities: The role of R&D-capital complementarity	17
Does aggressiveness help? Evidence from IPO corruption and pricing in China	16
Geographic distance and board monitoring: Evidence from the relocation of independent directors	16
Corrigendum to “Corporate culture and CEO turnover” [Journal of Corporate Finance, 28 (2014) 66–82]	16
Which buy-side institutions participate in public earnings conference calls? Implications for capital markets and sell-side coverage	16
Corporate profitability and the global persistence of corruption	16
On the nexus between sovereign risk and banking crises	16
The external financing of investment	16
Winning a deal in private equity: Do educational ties matter?	16
Forgive me all my sins: How penalties imposed on banks travel through markets	16
Societal secrecy and IPO underpricing	16
Dare to play with fire? Managerial ability and the use of short-term debt	16
Stakeholder preference and strategic corporate social responsibility	16
How do passive funds act as active owners? Evidence from mutual fund voting records	15
IPO withdrawals: Are corporate governance and VC characteristics the guiding light in the rough sea of volatile markets?	15
Naïve or sophisticated? Information disclosure and investment decisions in peer to peer lending	15
Financing constraints and share pledges: Evidence from the share pledge reform in China	15
The tax-efficient use of debt in multinational corporations	15
The dark side of transparency in developing countries: The link between financial reporting practices and corruption	15
Board financial expertise and the capital decisions of US banks	15
Employment protection and share repurchases: Evidence from wrongful discharge laws	15
The round number heuristic and entrepreneur crowdfunding performance	15
Dividends and financial health: Evidence from U.S. bank holding companies	15
Generalists vs. specialists: Who are better acquirers?	15
Political power, local policy uncertainty and IPO pricing	14
Do analysts’' forecast properties deter suboptimal labor investment decisions? Evidence from Regulation Fair Disclosure	14
Subordinate executives' horizon and firm policies	14
Short-term debt catering	14
Seasoned equity offerings and corporate financial management	14
Property rights protection, financial constraint, and capital structure choices: Evidence from a Chinese natural experiment	14
The role of institutional investors in corporate and entrepreneurial finance	14
Large customer-supplier links and syndicate loan structure	14
Corporate site visit and tax avoidance: The effects of monitoring and tax knowledge dissemination	14
Can CFOs resist undue pressure from CEOs to manage earnings?	14
Relationship-based debt financing of Chinese private sector firms: The role of social connections to banks versus political connections	14
Stakeholder orientation and the value of cash holdings: Evidence from a natural experiment	14
Do facilitation payments affect earnings management? Evidence from China	14
Corporate governance and corporate agility	14
Delegated monitoring in crowdfunded microfinance: Evidence from Kiva	14
Gauging the effects of stock liquidity on earnings management: Evidence from the SEC tick size pilot test	13
Inventory investment and the choice of financing: Does financial development play a role?	13
Managerial conservatism and corporate policies	13
CEO risk-seeking and corporate tax avoidance: Evidence from pilot CEOs	13
Simultaneous debt–equity holdings and corporate tax avoidance	13
Do state visits affect cross-border mergers and acquisitions?	13
Customer concentration and financing constraints	13
Corporate dividend smoothing: The role of cross-listing	13
Patent pledgeability, trade secrecy, and corporate patenting	13
Evasive shareholder meetings and corporate fraud	13
The consequences of political donations for IPO premium and performance	13
Uncertainty avoidance and mutual funds	13
Does extended auditor disclosure deter managerial bad-news hoarding? Evidence from crash risk	13
Do younger CEOs really increase firm risk? Evidence from sudden CEO deaths	13
Do gender diverse boards enhance managerial ability?	13
Inside debt and shadow banking	13
Stock liquidity, empire building, and valuation	12