Journal of Corporate Finance

Papers
(The median citation count of Journal of Corporate Finance is 5. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2022-05-01 to 2026-05-01.)
ArticleCitations
Judicial independence and crash risk: Evidence from a natural experiment in China171
Imbalanced ESG investing?149
Buffing firm innovation by lobbying105
Corporate ownership and ESG performance105
Bank municipal bond holdings and mortgage lending standards103
Pre-IPO hype by affiliated analysts: Motives and consequences102
Can employee welfare policies insure workers against fluctuations in employment?86
Corporate green revenue and syndicated loan pricing82
Greening through trade75
Long-term institutional investors and climate change news Beta71
Insider pledging: Its information content and forced sale70
Labor unions and real earnings management70
Interest rate uncertainty and the investment/financing decisions69
Mergers and acquisitions with private equity intermediation69
Venture capitalist directors and managerial incentives67
Earnings announcements in China: Overnight-intraday disparity67
Quantifying the legacy of trauma: The long-term impact of the African slave trade on contemporary firm corruption61
Editorial Board60
Economic magnitudes within reason56
Zombie lending due to the fear of fire sales55
The real impacts of third-party certification on green bond issuances: Evidence from the Chinese green bond market54
Signaling through timing of stock splits53
Real estate collateral, lender screening, and M&A performance52
Right-to-Work laws and corporate innovation51
Board directors' foreign experience and firm dividend payouts51
Exposures to common shocks along supply chains and relative performance evaluation in CEO compensation contracts47
“Death becomes her”: Market reaction to the death of controlling inside blockholders46
Anti-collusion leniency legislations and IPO activity: Worldwide evidence46
Islamic bonds ratings and the price of risk45
Local peer effects and corporate investment45
A review of DAO governance: Recent literature and emerging trends44
Learning and staged equity financing43
Leggso: Financing experimentation42
Do bank shocks affect physical or R&D investments more? Evidence from Japan42
Editorial Board41
Taking no chances: Lender concentration and corporate acquisitions41
Dividend taxation and the ownership structure of private firms41
CEO overconfidence and bondholder wealth effects: Evidence from mergers and acquisitions40
Bank market power and financial reporting quality40
Government contracts and labor investment efficiency40
Do options trading activities affect underlying firms' asymmetric cost behavior?39
Institutional voids and business group dynamics: Evidence from judicial reform in China39
Liquidity and clientele effects in green debt markets38
Political uncertainty and institutional herding37
Local religiosity and financial advisor misconduct37
Inventory investment and the choice of financing: Does financial development play a role?37
Speculative bubbles under supply constraints, background risk and investment fraud in the art market36
Director networks and firm value36
Corporate socio-political activism and retail investors: Evidence from the Black Lives Matter campaign36
Sunshine-induced mood and SEO pricing: Evidence from detailed investor bids in SEO auctions35
Credit default swaps, the leverage effect, and cross-sectional predictability of equity and firm asset volatility35
Polarized corporate boards33
Executive live streaming33
Tightening monetary policy and investment dynamics in the European Monetary Union: Firm- and country-level heterogeneity33
The impact of delay: Evidence from formal out-of-court restructuring32
Pandemics and financial development: A lesson from the 1918 influenza pandemic32
Money isn't everything: Compensation of locally educated executives31
The intangible shift: Redefining the dynamics of market-to-book ratios31
Informed options trading before FDA drug advisory meetings31
Board gender diversity and responsible banking during the COVID-19 pandemic30
Does farming culture shape household financial decisions?30
When does a generalist CEO create shareholder value? The effect of managerial challenge30
Dividend hibernation and future earnings: When no dividend news is good news30
Social diversity in corporate boards and firm outcomes30
Employee stock options and innovation: Evidence from an exogenous shock to employee intellectual property rights29
Managerial incentives and trade credit: Evidence from China's EVA appraisal reform among CSOEs29
Strategic flexibility: How rent-seeking behavior enables firms to adapt to uncertainty29
Major customers and carbon footprints along the supply chain29
Beneficiary investor monitoring and asset manager engagement29
U.S. multinationals' alternatives to paying taxes29
Financing constraints and share pledges: Evidence from the share pledge reform in China28
Do “say-on-pay” votes affect M&A decisions?28
The bright side of the internal labor market: Evidence from the labor cost stickiness of firms affiliated with privately owned business groups in China28
Customer identity concealing and insider selling profitability: Evidence from China28
Competition and the value of innovation28
Debt structure and debt overhang28
Early-stage venture financing27
Robust inference in single firm/single event analyses26
Does marriage equality promote credit access? Evidence from same-sex marriage laws26
Risk, return, and environmental and social ratings25
Unpacking the black box of ICO white papers: A topic modeling approach25
The impact of automation on firms' reporting quality25
Innovation beyond firm boundaries: Strategic alliances and corporate innovation24
(Black)Rock the vote: Index funds and opposition to management24
Automation cost flexibility and firm value24
Does commercial reform embracing digital technologies mitigate stock price crash risk?23
Executive incentives under common ownership23
Prosocial CEOs and the cost of debt: Evidence from syndicated loan contracts22
Corporate diversification, investment efficiency and the business cycle22
Offshore activities and corporate tax avoidance22
Innovation for promotion: The effect of executive involvement on inventors' innovation choice22
The Long-term effect of social disasters on stock market participation22
Outside director social network centrality and turnover before stock performance crash: A friend in need?22
Individual investors matter: The effect of investor-firm interactions on corporate earnings management21
Early individual stakeholders, first venture capital investment, and exit in the UK startup ecosystem21
Seasoned equity crowdfunded offerings21
The role of personal income taxes in corporate investment decisions21
Dynamic incentive contracts for ESG investing21
Relationship-based debt financing of Chinese private sector firms: The role of social connections to banks versus political connections21
Monetary policy, intangible capital, and debt contracts21
Foundation ownership and sustainability20
Asymmetric response to earnings news across different sentiment states: The role of cognitive dissonance20
The anatomy of corporate securitizations and contract design20
Do gender diverse boards enhance managerial ability?20
Dark trading volume and market quality: A natural experiment20
Naïve or sophisticated? Information disclosure and investment decisions in peer to peer lending20
Cybersecurity risk and corporate innovation20
Adoption of central bank digital currencies: Initial evidence from China20
CEO personality traits, strategic flexibility, and firm dynamics19
Stakeholder preference and strategic corporate social responsibility19
Director self-dealing: Evidence from compensation peer groups19
“May the road ahead be smooth”: Cultural continuity and CEO succession19
The effect of the cost of capital on private equity buyout performance19
R&D tax credits, technology spillovers, and firms' product convergence19
Hostile takeovers or friendly mergers? Real options analysis18
A primer on oracle economics18
Which antitakeover provisions deter takeovers?18
Editorial Board18
Volatility of implied volatility and mergers and acquisitions18
Overlapping institutional ownership along the supply chain and earnings management of supplier firms18
Individualism, formal institutional environments, and bank capital decisions17
The information value of M&A press releases17
The informational consequences of good and bad mergers17
Regulation and information costs of sovereign distress: Evidence from corporate lending markets17
The information advantage of industry common owners and its spillover effect on stock price crash risk17
Influential independent directors' reputation incentives: Impacts on CEO compensation contracts and financial reporting17
Impact of internal governance on investment policy: Evidence from CEO voluntary turnovers17
Foreign competition and CEO risk-incentive compensation16
Bankers’ pay and the evolving structure of US banking16
Corporate site visit and tax avoidance: The effects of monitoring and tax knowledge dissemination16
Decomposing value gains – The case of the best leveraged buy-out ever16
Labor-saving innovations and capital structure16
Exploring the profitability in analyst collective opinions: The role of analyst crowd characteristics15
Corporate governance reforms, societal trust, and corporate financial policies15
Economic preferences for risk-taking and financing costs15
Firms save from bonds but not from loans15
Deregulation and bank stability: Evidence from loan-to-deposit ratio requirement in China15
Customer orientation and stock resilience during adversity periods15
The role of individual investment bankers in IPO pricing: Evidence from investor bidding behavior15
Institutional dual ownership and voluntary greenhouse gas emission disclosure15
Managers' cultural origin and corporate response to an economic shock15
The ripple effect: How subsidies transform firm behavior15
The real impacts of public short campaigns: Evidence from stakeholders15
Market pressure or regulatory pressure? U.S. small bank pre-emptive IT investment to data privacy regulation14
Seeking efficiency or price gouging? Evidence from pharmaceutical mergers14
Pension fund investment and firm innovation14
Law and borders: Entrepreneurs' immigration status and trade credit14
Opioid epidemic and corporate innovation14
Backing away from ESG? The effect of sovereign rating downgrades on corporate sustainability14
Supply chain vertical common ownership and cost of loans13
The role of financial constraints in firm investment under pollution abatement regulation13
Pricing of project finance bonds: A comparative analysis of primary market spreads13
The dark side of asset redeployability through the lens of corporate employment decisions13
Natural disasters and firm leasing: A collateral channel12
Green banking illusion? The influence of “Eco-Conscious” bank shareholders on credit allocation12
To pollute or not to pollute: Political connections and corporate environmental performance12
Environmental regulations, supply chain relationships, and green technological innovation12
Corrigendum to “Corporate board reforms around the world and stock price crash risk” 62 (2020) 10155712
Editorial: Ownership and corporate social and sustainable policies12
Does environmental lobbying create firm value?12
Investor–firm interactions and corporate investment efficiency: Evidence from China12
Friend or foe? Bilateral political relations and the portfolio allocation of foreign institutional investors12
Societal secrecy and IPO underpricing12
Mandatory corporate social responsibility and foreign institutional investor preferences11
Machine Learning for the Unlisted: Enhancing MSME Default Prediction with Public Market Signals11
Editorial Board11
The long-term effects of loan guarantees on SME performance11
The double-edged sword of corporate net zero commitment on the carbon risk premium11
Making honest men of them: Institutional investors, financial reporting, and the appointment of female directors to all-male boards11
Green credit and its obstacles: Evidence from China's green credit guidelines11
The equity value implications of court ideology: Evidence from federal judge turnover11
Understanding stock price behavior around external financing11
Editorial Board11
Editorial Board11
Does tax reform affect labor investment efficiency?11
The crypto multiplier11
Divided we fall: Congressional cycles, the stock market and firm performance11
Mutual funds' capital gains lock-in and earnings management10
Does environmental and social performance affect pricing efficiency? Evidence from earnings conference call tones10
How alternative finance informs central themes in corporate finance10
CEOs' narcissism and opportunistic insider trading10
Editorial Board10
Underwriter incentives and IPO pricing10
Major government customers and corporate court outcomes: Evidence from China10
New international flight routes and MNCs' investment10
Changes in CEO stock option grants: A look at the numbers10
The role of the end time in experimental asset markets10
Benchmarking private equity: The direct alpha method10
Boards of Banks10
A shot in the arm: Economic support packages and firm performance during COVID-1910
The impact of product market competition on workplace safety10
National identity and foreign directors' access to private information10
Networks and information in credit markets9
Contingent convertible bonds: Optimal call strategy and the impact of refinancing9
Illuminating the murk: The effect of business complexity on voluntary disclosure9
Corporate insider purchases and the options market: Competition among informed investors9
CEO cultural heritage and corporate social responsibility9
Editorial Board9
The effect of social connections on capital structure in supplier-customer relationships9
Do firms manage their share prices to mitigate investor short-termism?9
The influence of media slant on short sellers9
Innovation Success and Capital Structure9
Gender bias, board diversity, and firm value: Evidence from a natural experiment9
Regional redistribution through SBA guaranteed loan programs9
Credit default swaps and corporate debt structure9
Effectiveness of monitoring, managerial entrenchment, and corporate cash holdings9
JCF special issue on private equity editorial9
Are family and friends the wrong investors? Evidence from U.S. start-ups9
Boardroom networks and corporate investment9
Executive compensation and secured debt: Evidence from REITs9
Editorial Board9
Outside directors' equity incentives and strategic alliance decisions9
Editorial Board8
Rookie directors and board efficacy8
Industrial policy and governmental venture capital: Evidence from China8
Rating on a behavioral curve8
Sovereign wealth funds and cost of debt: Evidence from syndicated loans8
Shareholder litigation risk and the information environment: Revisiting evidence from two natural experiments8
Patent pledgeability, trade secrecy, and corporate patenting8
Editorial Board8
Callable or convertible debt? The role of debt overhang and covenants8
Do investors benefit from MiFID II unbundling?8
Punishment or deterrence? Environmental justice construction and corporate equity financing––Evidence from environmental courts8
Bank liquidity creation and religious observance: Evidence from Ramadan fasting8
Happily ever after? Lender diversification and performance sensitivity in post-IPO loans8
Editorial Board8
Do younger CEOs really increase firm risk? Evidence from sudden CEO deaths8
Ancestral connections and corporate alliances8
Subsidizing uncertain investments: The role of production technology and imprecise learning8
Iron curtain echoes: The enduring impact of communism and crowdfunding8
Information production in start-up firms: SPACs vs. Traditional IPOs8
Crowdfunding as gambling: Evidence from repeated natural experiments7
Partisan conflict and corporate credit spreads: The role of political connection7
Tunneling through trademarks7
Do tax incentives affect investment quality?7
Pledgeability and bank lending technology7
CEO marital status and dividend policy7
Beta estimation precision and corporate investment efficiency7
The signaling role of trade credit: Evidence from a counterfactual analysis7
How did small business respond to unexpected shocks? Evidence from a natural experiment in China7
Clawback adoptions and institutional investment decisions7
Shadow union in local labor markets and corporate financing policies7
Flood, farms and credit: The role of branch banking in the era of climate change7
How useful are commercial corporate governance ratings? Evidence from emerging markets7
Do CFO career concerns matter? Evidence from IPO financial reporting outcomes7
The stock market valuation of human capital creation7
Information asymmetry, external certification, and the cost of bank debt7
Unveiling investors' substitution behavior: Stock trading decisions in response to housing market dynamics7
Soft going-concern capital buffer? CoCo non-calls and revealed bank distress6
Anti-market sentiment and corporate social responsibility: Evidence from anti-Jewish pogroms6
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