OOIR: Observatory of International Research

Papers

(The TQCC of Journal of Corporate Finance is 14. 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.)

Article	Citations
Judicial independence and crash risk: Evidence from a natural experiment in China	171
Imbalanced ESG investing?	149
Corporate ownership and ESG performance	105
Buffing firm innovation by lobbying	105
Bank municipal bond holdings and mortgage lending standards	103
Pre-IPO hype by affiliated analysts: Motives and consequences	102
Can employee welfare policies insure workers against fluctuations in employment?	86
Corporate green revenue and syndicated loan pricing	82
Greening through trade	75
Long-term institutional investors and climate change news Beta	71
Insider pledging: Its information content and forced sale	70
Labor unions and real earnings management	70
Interest rate uncertainty and the investment/financing decisions	69
Mergers and acquisitions with private equity intermediation	69
Venture capitalist directors and managerial incentives	67
Earnings announcements in China: Overnight-intraday disparity	67
Quantifying the legacy of trauma: The long-term impact of the African slave trade on contemporary firm corruption	61
Editorial Board	60
Economic magnitudes within reason	56
Zombie lending due to the fear of fire sales	55
The real impacts of third-party certification on green bond issuances: Evidence from the Chinese green bond market	54
Signaling through timing of stock splits	53
Real estate collateral, lender screening, and M&A performance	52
Right-to-Work laws and corporate innovation	51
Board directors' foreign experience and firm dividend payouts	51

Exposures to common shocks along supply chains and relative performance evaluation in CEO compensation contracts	47
“Death becomes her”: Market reaction to the death of controlling inside blockholders	46
Anti-collusion leniency legislations and IPO activity: Worldwide evidence	46
Local peer effects and corporate investment	45
Islamic bonds ratings and the price of risk	45
A review of DAO governance: Recent literature and emerging trends	44
Learning and staged equity financing	43
Leggso: Financing experimentation	42
Do bank shocks affect physical or R&D investments more? Evidence from Japan	42
Dividend taxation and the ownership structure of private firms	41
Editorial Board	41
Taking no chances: Lender concentration and corporate acquisitions	41
CEO overconfidence and bondholder wealth effects: Evidence from mergers and acquisitions	40
Bank market power and financial reporting quality	40
Government contracts and labor investment efficiency	40
Do options trading activities affect underlying firms' asymmetric cost behavior?	39
Institutional voids and business group dynamics: Evidence from judicial reform in China	39
Liquidity and clientele effects in green debt markets	38
Political uncertainty and institutional herding	37
Local religiosity and financial advisor misconduct	37
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 market	36
Director networks and firm value	36
Corporate socio-political activism and retail investors: Evidence from the Black Lives Matter campaign	36
Sunshine-induced mood and SEO pricing: Evidence from detailed investor bids in SEO auctions	35
Credit default swaps, the leverage effect, and cross-sectional predictability of equity and firm asset volatility	35
Tightening monetary policy and investment dynamics in the European Monetary Union: Firm- and country-level heterogeneity	33
Polarized corporate boards	33
Executive live streaming	33
Pandemics and financial development: A lesson from the 1918 influenza pandemic	32
The impact of delay: Evidence from formal out-of-court restructuring	32
Informed options trading before FDA drug advisory meetings	31
Money isn't everything: Compensation of locally educated executives	31
The intangible shift: Redefining the dynamics of market-to-book ratios	31
Dividend hibernation and future earnings: When no dividend news is good news	30
Social diversity in corporate boards and firm outcomes	30
Board gender diversity and responsible banking during the COVID-19 pandemic	30
Does farming culture shape household financial decisions?	30
When does a generalist CEO create shareholder value? The effect of managerial challenge	30
U.S. multinationals' alternatives to paying taxes	29
Employee stock options and innovation: Evidence from an exogenous shock to employee intellectual property rights	29
Managerial incentives and trade credit: Evidence from China's EVA appraisal reform among CSOEs	29
Strategic flexibility: How rent-seeking behavior enables firms to adapt to uncertainty	29
Major customers and carbon footprints along the supply chain	29
Beneficiary investor monitoring and asset manager engagement	29
Financing constraints and share pledges: Evidence from the share pledge reform in China	28
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 China	28
Customer identity concealing and insider selling profitability: Evidence from China	28
Competition and the value of innovation	28

Debt structure and debt overhang	28
Early-stage venture financing	27
Robust inference in single firm/single event analyses	26
Does marriage equality promote credit access? Evidence from same-sex marriage laws	26
Risk, return, and environmental and social ratings	25
Unpacking the black box of ICO white papers: A topic modeling approach	25
The impact of automation on firms' reporting quality	25
Automation cost flexibility and firm value	24
Innovation beyond firm boundaries: Strategic alliances and corporate innovation	24
(Black)Rock the vote: Index funds and opposition to management	24
Executive incentives under common ownership	23
Does commercial reform embracing digital technologies mitigate stock price crash risk?	23
Corporate diversification, investment efficiency and the business cycle	22
Innovation for promotion: The effect of executive involvement on inventors' innovation choice	22
The Long-term effect of social disasters on stock market participation	22
Offshore activities and corporate tax avoidance	22
Outside director social network centrality and turnover before stock performance crash: A friend in need?	22
Prosocial CEOs and the cost of debt: Evidence from syndicated loan contracts	22
Individual investors matter: The effect of investor-firm interactions on corporate earnings management	21
Early individual stakeholders, first venture capital investment, and exit in the UK startup ecosystem	21
Seasoned equity crowdfunded offerings	21
The role of personal income taxes in corporate investment decisions	21
Dynamic incentive contracts for ESG investing	21
Relationship-based debt financing of Chinese private sector firms: The role of social connections to banks versus political connections	21
Monetary policy, intangible capital, and debt contracts	21
Foundation ownership and sustainability	20
Asymmetric response to earnings news across different sentiment states: The role of cognitive dissonance	20
The anatomy of corporate securitizations and contract design	20
Do gender diverse boards enhance managerial ability?	20
Dark trading volume and market quality: A natural experiment	20
Naïve or sophisticated? Information disclosure and investment decisions in peer to peer lending	20
Cybersecurity risk and corporate innovation	20
Adoption of central bank digital currencies: Initial evidence from China	20
Stakeholder preference and strategic corporate social responsibility	19
Director self-dealing: Evidence from compensation peer groups	19
“May the road ahead be smooth”: Cultural continuity and CEO succession	19
The effect of the cost of capital on private equity buyout performance	19
R&D tax credits, technology spillovers, and firms' product convergence	19
CEO personality traits, strategic flexibility, and firm dynamics	19
Which antitakeover provisions deter takeovers?	18
Editorial Board	18
Volatility of implied volatility and mergers and acquisitions	18
Overlapping institutional ownership along the supply chain and earnings management of supplier firms	18
Hostile takeovers or friendly mergers? Real options analysis	18
A primer on oracle economics	18
The information value of M&A press releases	17
The informational consequences of good and bad mergers	17
Regulation and information costs of sovereign distress: Evidence from corporate lending markets	17
The information advantage of industry common owners and its spillover effect on stock price crash risk	17
Influential independent directors' reputation incentives: Impacts on CEO compensation contracts and financial reporting	17
Impact of internal governance on investment policy: Evidence from CEO voluntary turnovers	17
Individualism, formal institutional environments, and bank capital decisions	17
Foreign competition and CEO risk-incentive compensation	16
Bankers’ pay and the evolving structure of US banking	16
Corporate site visit and tax avoidance: The effects of monitoring and tax knowledge dissemination	16
Decomposing value gains – The case of the best leveraged buy-out ever	16
Labor-saving innovations and capital structure	16
Exploring the profitability in analyst collective opinions: The role of analyst crowd characteristics	15
Corporate governance reforms, societal trust, and corporate financial policies	15
Economic preferences for risk-taking and financing costs	15
Firms save from bonds but not from loans	15
Deregulation and bank stability: Evidence from loan-to-deposit ratio requirement in China	15
Customer orientation and stock resilience during adversity periods	15
The role of individual investment bankers in IPO pricing: Evidence from investor bidding behavior	15
Institutional dual ownership and voluntary greenhouse gas emission disclosure	15
Managers' cultural origin and corporate response to an economic shock	15
The ripple effect: How subsidies transform firm behavior	15
The real impacts of public short campaigns: Evidence from stakeholders	15
Pension fund investment and firm innovation	14
Law and borders: Entrepreneurs' immigration status and trade credit	14
Opioid epidemic and corporate innovation	14
Backing away from ESG? The effect of sovereign rating downgrades on corporate sustainability	14
Market pressure or regulatory pressure? U.S. small bank pre-emptive IT investment to data privacy regulation	14
Seeking efficiency or price gouging? Evidence from pharmaceutical mergers	14