Journal of Corporate Finance

Article	Citations
Product market competition with CDS	349
Fictitious dividend cuts in the CRSP data	191
Labor unions and real earnings management	156
Long-term institutional investors and climate change news Beta	126
Buffing firm innovation by lobbying	119
Can employee welfare policies insure workers against fluctuations in employment?	109
Imbalanced ESG investing?	96
Non-financial corporations and systemic risk	95
Judicial independence and crash risk: Evidence from a natural experiment in China	89
Insider pledging: Its information content and forced sale	85
Political connection, CEO gender, and firm performance	85
Pre-IPO hype by affiliated analysts: Motives and consequences	80
Corporate ownership and ESG performance	78
Mergers and acquisitions with private equity intermediation	76
Venture capitalist directors and managerial incentives	76
Right-to-Work laws and corporate innovation	74
Zombie lending due to the fear of fire sales	69
Economic magnitudes within reason	66
Earnings announcements in China: Overnight-intraday disparity	59
Signaling through timing of stock splits	59
The real impacts of third-party certification on green bond issuances: Evidence from the Chinese green bond market	56
Corporate divestitures around acquisitions	56
Do options trading activities affect underlying firms' asymmetric cost behavior?	54
Board directors' foreign experience and firm dividend payouts	54
Have banks caught corona? Effects of COVID on lending in the U.S.	54

Political uncertainty and institutional herding	51
Institutional voids and business group dynamics: Evidence from judicial reform in China	50
Islamic bonds ratings and the price of risk	50
Do bank shocks affect physical or R&D investments more? Evidence from Japan	50
Government contracts and labor investment efficiency	50
Bank market power and financial reporting quality	50
Dividend taxation and the ownership structure of private firms	48
Local religiosity and financial advisor misconduct	48
Exposures to common shocks along supply chains and relative performance evaluation in CEO compensation contracts	48
A review of DAO governance: Recent literature and emerging trends	48
Corporate socio-political activism and retail investors: Evidence from the Black Lives Matter campaign	47
Editorial Board	45
Liquidity and clientele effects in green debt markets	45
Leggso: Financing experimentation	44
Inventory investment and the choice of financing: Does financial development play a role?	44
Serving multiple ‘masters’: Evidence from the loan decisions of a publicly listed state-owned bank around a massive economic stimulus programme	43
Taking no chances: Lender concentration and corporate acquisitions	43
Anti-collusion leniency legislations and IPO activity: Worldwide evidence	42
National Culture and the Value Implications of Corporate Environmental and Social Performance	42
Learning and staged equity financing	42
CEO overconfidence and bondholder wealth effects: Evidence from mergers and acquisitions	41
Director networks and firm value	41
Credit default swaps, the leverage effect, and cross-sectional predictability of equity and firm asset volatility	40
Sunshine-induced mood and SEO pricing: Evidence from detailed investor bids in SEO auctions	39
Polarized corporate boards	39
The intangible shift: Redefining the dynamics of market-to-book ratios	39
Speculative bubbles under supply constraints, background risk and investment fraud in the art market	37
Board gender diversity and responsible banking during the COVID-19 pandemic	36
Social diversity in corporate boards and firm outcomes	34
Dividend hibernation and future earnings: When no dividend news is good news	34
May the force be with you: Investor power and company valuations	34
The impact of delay: Evidence from formal out-of-court restructuring	34
Pandemics and financial development: A lesson from the 1918 influenza pandemic	33
Editorial Board	32
CSR contracting and performance-induced CEO turnover	32
Major customers and carbon footprints along the supply chain	32
Macroprudential policy and intra-group dynamics: The effects of reserve requirements in Brazil	32
Informed options trading before FDA drug advisory meetings	32
Money isn't everything: Compensation of locally educated executives	32
Does farming culture shape household financial decisions?	31
Does marriage equality promote credit access? Evidence from same-sex marriage laws	31
Tightening monetary policy and investment dynamics in the European Monetary Union: Firm- and country-level heterogeneity	31
The bright side of the internal labor market: Evidence from the labor cost stickiness of firms affiliated with privately owned business groups in China	30
Robust inference in single firm/single event analyses	30
Duration of executive compensation and maturity structure of corporate debt	30
Managerial incentives and trade credit: Evidence from China's EVA appraisal reform among CSOEs	30
The impact of automation on firms' reporting quality	30
Do “say-on-pay” votes affect M&A decisions?	29
U.S. multinationals' alternatives to paying taxes	29
Risk, return, and environmental and social ratings	29

Customer identity concealing and insider selling profitability: Evidence from China	28
Editorial Board	28
Early-stage venture financing	28
Debt structure and debt overhang	27
Unpacking the black box of ICO white papers: A topic modeling approach	27
Financing constraints and share pledges: Evidence from the share pledge reform in China	27
Board financial expertise and the capital decisions of US banks	27
Innovation beyond firm boundaries: Strategic alliances and corporate innovation	27
The Long-term effect of social disasters on stock market participation	26
Do gender diverse boards enhance managerial ability?	26
Early individual stakeholders, first venture capital investment, and exit in the UK startup ecosystem	26
Foundation ownership and sustainability	26
Seasoned equity crowdfunded offerings	26
Does commercial reform embracing digital technologies mitigate stock price crash risk?	26
Automation cost flexibility and firm value	26
Relationship-based debt financing of Chinese private sector firms: The role of social connections to banks versus political connections	26
Innovation for promotion: The effect of executive involvement on inventors' innovation choice	26
The anatomy of corporate securitizations and contract design	26
Offshore activities and corporate tax avoidance	25
Outside director social network centrality and turnover before stock performance crash: A friend in need?	25
(Black)Rock the vote: Index funds and opposition to management	25
Naïve or sophisticated? Information disclosure and investment decisions in peer to peer lending	24
Corporate diversification, investment efficiency and the business cycle	24
Cybersecurity risk and corporate innovation	24
The role of personal income taxes in corporate investment decisions	24
Prosocial CEOs and the cost of debt: Evidence from syndicated loan contracts	24
Dynamic incentive contracts for ESG investing	23
Executive incentives under common ownership	23
Individual investors matter: The effect of investor-firm interactions on corporate earnings management	23
Female CFOs, leverage and the moderating role of board diversity and CEO power	23
CEO personality traits, strategic flexibility, and firm dynamics	22
Does corrupt practice increase the implied cost of equity?	22
Dark trading volume and market quality: A natural experiment	22
A primer on oracle economics	22
Corporate investment and growth opportunities: The role of R&D-capital complementarity	21
Director self-dealing: Evidence from compensation peer groups	21
R&D tax credits, technology spillovers, and firms' product convergence	21
Adoption of central bank digital currencies: Initial evidence from China	21
Overlapping institutional ownership along the supply chain and earnings management of supplier firms	21
Bankruptcy, overlapping directors, and bank loan pricing	21
Stakeholder preference and strategic corporate social responsibility	21
Editorial Board	20
The finance of climate change	20
Asymmetric response to earnings news across different sentiment states: The role of cognitive dissonance	20
The informational consequences of good and bad mergers	19
The information advantage of industry common owners and its spillover effect on stock price crash risk	19
Individualism, formal institutional environments, and bank capital decisions	19
The information value of M&A press releases	19
Are non-family successors all the same? Inside-promoted vs. outside-sourced	19
Impact of internal governance on investment policy: Evidence from CEO voluntary turnovers	18
Hostile takeovers or friendly mergers? Real options analysis	18
Securities litigation risk and board gender diversity	18
Volatility of implied volatility and mergers and acquisitions	18
Regulation and information costs of sovereign distress: Evidence from corporate lending markets	18
Labor-saving innovations and capital structure	18
Corporate site visit and tax avoidance: The effects of monitoring and tax knowledge dissemination	17
Courting innovation: The effects of litigation risk on corporate innovation	17
Natural disasters, risk salience, and corporate ESG disclosure	17
The real impacts of public short campaigns: Evidence from stakeholders	17
The ripple effect: How subsidies transform firm behavior	17
Which antitakeover provisions deter takeovers?	17
Foreign competition and CEO risk-incentive compensation	17
Law and borders: Entrepreneurs' immigration status and trade credit	17
Seeking efficiency or price gouging? Evidence from pharmaceutical mergers	17
Influential independent directors' reputation incentives: Impacts on CEO compensation contracts and financial reporting	17
Decomposing value gains – The case of the best leveraged buy-out ever	17
Backing away from ESG? The effect of sovereign rating downgrades on corporate sustainability	17
Bankers’ pay and the evolving structure of US banking	17
Corporate governance reforms, societal trust, and corporate financial policies	16
Managers' cultural origin and corporate response to an economic shock	16
Natural disasters and firm leasing: A collateral channel	16
The role of divestitures in horizontal mergers	16
Gender board diversity and the cost of bank loans	16
Investor–firm interactions and corporate investment efficiency: Evidence from China	16
Market pressure or regulatory pressure? U.S. small bank pre-emptive IT investment to data privacy regulation	16
Customer orientation and stock resilience during adversity periods	15
Economic preferences for risk-taking and financing costs	15
Can a not-for-profit minority institutional shareholder make a big difference in corporate governance? A quasi-natural experiment	15
Supply chain vertical common ownership and cost of loans	15
The dark side of asset redeployability through the lens of corporate employment decisions	15

Pricing of project finance bonds: A comparative analysis of primary market spreads	15
Institutional dual ownership and voluntary greenhouse gas emission disclosure	15
Firms save from bonds but not from loans	15
The role of financial constraints in firm investment under pollution abatement regulation	15
The role of individual investment bankers in IPO pricing: Evidence from investor bidding behavior	15
Opioid epidemic and corporate innovation	14
Green banking illusion? The influence of “Eco-Conscious” bank shareholders on credit allocation	14
Editorial: Ownership and corporate social and sustainable policies	14
Green credit and its obstacles: Evidence from China's green credit guidelines	14
Mandatory corporate social responsibility and foreign institutional investor preferences	14
Environmental regulations, supply chain relationships, and green technological innovation	14
Corrigendum to “Corporate board reforms around the world and stock price crash risk” 62 (2020) 101557	14
Machine Learning for the Unlisted: Enhancing MSME Default Prediction with Public Market Signals	14
The long-term effects of loan guarantees on SME performance	13
Understanding stock price behavior around external financing	13
Editorial Board	13
Societal secrecy and IPO underpricing	13
Divided we fall: Congressional cycles, the stock market and firm performance	13
To pollute or not to pollute: Political connections and corporate environmental performance	13
Editorial Board	13
The equity value implications of court ideology: Evidence from federal judge turnover	13
Governance, information flow, and stock returns	12
Editorial Board	12
Does tax reform affect labor investment efficiency?	12
Fintech, financial constraints and innovation: Evidence from China	12
Why are distressed firms acquisitive?	12
Perceptions of corporate corruption culture and debt contracting	12
The effect of geographic proximity on corporate tax avoidance: Evidence from China	12
How alternative finance informs central themes in corporate finance	12
The role of the end time in experimental asset markets	12
The impact of product market competition on workplace safety	12
Making honest men of them: Institutional investors, financial reporting, and the appointment of female directors to all-male boards	12
A shot in the arm: Economic support packages and firm performance during COVID-19	12
CEOs' narcissism and opportunistic insider trading	12
Boards of Banks	12
Contingent convertible bonds: Optimal call strategy and the impact of refinancing	11
Innovation Success and Capital Structure	11
Underwriter incentives and IPO pricing	11
The influence of media slant on short sellers	11
Mutual funds' capital gains lock-in and earnings management	11
Illuminating the murk: The effect of business complexity on voluntary disclosure	11
Changes in CEO stock option grants: A look at the numbers	11
Are all activists created equal? The effect of interventions by hedge funds and other private activists on long-term shareholder value	11
Are family and friends the wrong investors? Evidence from U.S. start-ups	11
National identity and foreign directors' access to private information	11
Editorial Board	11
Boardroom networks and corporate investment	10
Stock liquidity and corporate labor investment	10
Networks and information in credit markets	10
Does environmental and social performance affect pricing efficiency? Evidence from earnings conference call tones	10
One false step can make a great difference: Does corporate litigation cause the exit of the controlling shareholder?	10
The gender gap in bank credit access	10
Effectiveness of monitoring, managerial entrenchment, and corporate cash holdings	10
Benchmarking private equity: The direct alpha method	10
The role of employer learning and regulatory interventions in mitigating executive gender pay gap	10
Corporate insider purchases and the options market: Competition among informed investors	10
JCF special issue on private equity editorial	10
Do firms manage their share prices to mitigate investor short-termism?	9
Regional redistribution through SBA guaranteed loan programs	9
CEO cultural heritage and corporate social responsibility	9
Industrial policy and governmental venture capital: Evidence from China	9
Editorial Board	9
Executive compensation and secured debt: Evidence from REITs	9
Credit default swaps and corporate debt structure	9
Punishment or deterrence? Environmental justice construction and corporate equity financing––Evidence from environmental courts	9
Callable or convertible debt? The role of debt overhang and covenants	9
Editorial Board	9
Ancestral connections and corporate alliances	9
Subsidizing uncertain investments: The role of production technology and imprecise learning	8
Outside directors' equity incentives and strategic alliance decisions	8
Editorial Board	8
Editorial Board	8
Happily ever after? Lender diversification and performance sensitivity in post-IPO loans	8
How useful are commercial corporate governance ratings? Evidence from emerging markets	8
Crowdfunding as gambling: Evidence from repeated natural experiments	8
Sovereign wealth funds and cost of debt: Evidence from syndicated loans	8
Do investors benefit from MiFID II unbundling?	8
Gender bias, board diversity, and firm value: Evidence from a natural experiment	8
Do younger CEOs really increase firm risk? Evidence from sudden CEO deaths	8
Iron curtain echoes: The enduring impact of communism and crowdfunding	8
Bank liquidity creation and religious observance: Evidence from Ramadan fasting	8
Editorial Board	8
Rating on a behavioral curve	8
Partisan conflict and corporate credit spreads: The role of political connection	8
The effect of social connections on capital structure in supplier-customer relationships	8
Does gender diversity on banks' boards matter? Evidence from public bailouts	8
Beta estimation precision and corporate investment efficiency	8
The signaling role of trade credit: Evidence from a counterfactual analysis	8
Do tax incentives affect investment quality?	8
Information production in start-up firms: SPACs vs. Traditional IPOs	8
Is your surname remunerative? Surname favorability and CEO compensation	7
Predation by stock price manipulation	7
Processing trade and credit constraints	7
Geographic networks and spillovers between banks	7
Does government ownership differently impact expected left-tail and volatility risk of bank stock? Evidence from options market	7