Journal of International Financial Markets Institutions & Money

Article	Citations
Quantile connectedness in the cryptocurrency market	193
Global banking stability in the shadow of Covid-19 outbreak	161
ESG activities and banking performance: International evidence from emerging economies	156
Corporate governance, law, culture, environmental performance and CSR disclosure: A global perspective	135
The effects of a “black swan” event (COVID-19) on herding behavior in cryptocurrency markets	130
Connectedness among major cryptocurrencies in standard times and during the COVID-19 outbreak	98
Asymmetric spillover and network connectedness between gold, BRENT oil and EU subsector markets	91
Fintech-based financial inclusion and bank risk-taking: Evidence from OIC countries	91
Rethinking financial contagion: Information transmission mechanism during the COVID-19 pandemic	85
Do cryptocurrencies hedge against EPU and the equity market volatility during COVID-19? – New evidence from quantile coherency analysis	80
Quantifying the asymmetric spillovers in sustainable investments	78
ESG, liquidity, and stock returns	69
The quest for multidimensional financial immunity to the COVID-19 pandemic: Evidence from international stock markets	65
FinTech and financing constraints of enterprises: Evidence from China	54
Cyber-attacks, spillovers and contagion in the cryptocurrency markets	53
Board gender diversity, firm performance and risk-taking in developing countries: The moderating effect of culture	52
Speculation and lottery-like demand in cryptocurrency markets	51
The connectedness between meme tokens, meme stocks, and other asset classes: Evidence from a quantile connectedness approach	51
High-frequency connectedness between Bitcoin and other top-traded crypto assets during the COVID-19 crisis	50
How does the Russian-Ukrainian war change connectedness and hedging opportunities? Comparison between dirty and clean energy markets versus global stock indices	47
Does boardroom gender diversity decrease credit risk in the financial sector? Worldwide evidence	47
Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?	45
International political uncertainty and climate risk in the stock market	45
Board characteristics, external governance and the use of renewable energy: International evidence	45
The non-linear effect of CSR on firms’ systematic risk: International evidence	42

The fundamental effects of ESG disclosure quality in boosting the growth of ESG investing	40
Geopolitical risk and the dynamics of international capital flows	38
Climate uncertainty and information transmissions across the conventional and ESG assets	37
Climate policy uncertainty and the stock return predictability of the oil industry	36
Volatility spillovers between oil and equity markets and portfolio risk implications in the US and vulnerable EU countries	36
Financial inclusion in developing countries: Do quality institutions matter?	34
The tail behavior of safe haven currencies: A cross-quantilogram analysis	34
Time-varying dependence between Bitcoin and green financial assets: A comparison between pre- and post-COVID-19 periods	33
Macroeconomic attention and stock market return predictability	32
Mapping impact investing: A bibliometric analysis	31
The impact of social trust and state ownership on investment efficiency of Chinese firms	29
Risk governance and bank risk-taking behavior: Evidence from Asian banks	29
Underdog mentality, identity discrimination and access to peer-to-peer lending market: Exploring effects of digital authentication	28
Political uncertainty, COVID-19 pandemic and stock market volatility transmission	27
Capital flight for family? Exploring the moderating effects of social connections on capital outflow of family business	27
A cross-regional investigation of institutional quality and sustainable development	27
On the heterogeneous link between public debt and economic growth	26
Economic stimulus through bank regulation: Government responses to the COVID-19 crisis	26
Financial connectedness and risk transmission among MENA countries: Evidence from connectedness network and clustering analysis	26
Corporate social irresponsibility and portfolio performance: A cross-national study	26
Do climate risks matter for green investment?	25
The size of good and bad volatility shocks does matter for spillovers	25
Internet finance and corporate investment: Evidence from China	25
Uncertainty and corporate default risk: Novel evidence from emerging markets	25
Risk and return in international corporate bond markets	24
Capital inflows and bank stability around the financial crisis: The mitigating role of macro-prudential policies	24
How do banks invest in fintechs? Evidence from advanced economies	24
Dynamic relationship between exchange rates and stock prices for the G7 countries: A nonlinear ARDL approach	24
Asymmetric relationship between green bonds and Sukuk markets: The role of global risk factors	23
Spreading of cross-market volatility information: Evidence from multiplex network analysis of volatility spillovers	22
Corporate social responsibility in market liberalization: Evidence from Shanghai-Hong Kong Stock Connect	22
CSR disclosure of foreign versus U.S. firms: Evidence from ADRs	21
Which COVID-19 information really impacts stock markets?	20
Board tenure diversity, culture and firm risk: Cross-country evidence	20
Does soft information determine credit risk? Text-based evidence from European banks	20
Does cryptocurrency pricing response to regulatory intervention depend on underlying blockchain architecture?	20
Efficiency convergence in Islamic and conventional banks	20
Independent policy, dependent outcomes: A game of cross-country dominoes across European yield curves	19
Societal trust and corporate risk-taking: International evidence	19
Cryptocurrency regulation and market quality	19
The role of interpersonal trust in cryptocurrency adoption	18
The impact of economic policy uncertainty on crowdfunding success	18
The nonlinear and negative tail dependence and risk spillovers between foreign exchange and stock markets in emerging economies	18
Concentration-stability vs concentration-fragility. New cross-country evidence	17
Religion, risk aversion, and cross border mergers and acquisitions	17
The institutional determinants of peer effects on corporate cash holdings	17
Good versus bad information transmission in the cryptocurrency market: Evidence from high-frequency data	17
The role of media in mergers and acquisitions	17
Investing during a Fintech Revolution: Ambiguity and return risk in cryptocurrencies	17
Who should be afraid of infections? Pandemic exposure and the cross-section of stock returns	16

Bearish Vs Bullish risk network: A Eurozone financial system analysis	16
Economies of scope, organizational form, and insolvency risk: Evidence from the takaful industry	16
Does blockchain patent-development influence Bitcoin risk?	16
Do birds of a feather flock together? Evidence from time-varying herding behaviour of bitcoin and foreign exchange majors during Covid-19	15
The market for bitcoin transactions	15
Volatility models for cryptocurrencies and applications in the options market	15
Corporate social activities and stock price crash risk in the banking industry: International evidence	15
Banking stability, institutional quality, market concentration, competition and political conflict in MENA	15
CDS spreads and COVID-19 pandemic	15
The direct and indirect effects of financial development on international trade: Evidence from the CEEC-6	15
ESG performance and investment efficiency: The impact of information asymmetry	15
Do macroprudential policies affect bank efficiency? Evidence from emerging economies	15
National culture and central bank transparency: Cross-country evidence	15
Global financial stress index and long-term volatility forecast for international stock markets	15
Female board representation and the adoption of corporate social responsibility criteria in executive compensation contracts: International evidence	15
International tail risk connectedness: Network and determinants	15
CSR performance and firm idiosyncratic risk in a data-rich environment: The role of retail investor attention	14
Volatility spillover and hedging strategies among Chinese carbon, energy, and electricity markets	14
From dotcom to Covid-19: A convergence analysis of Islamic investments	14
Return and volatility spillovers to African currencies markets	14
Optimal asset allocation strategies for international equity portfolios: A comparison of country versus industry optimization	14
FDI and human development: The role of governance, ODA, and national competitiveness	14
Does genetic diversity on corporate boards lead to improved environmental performance?	14
Impact of Coronavirus on liquidity in financial markets	14
Impacts of carbon market and climate policy uncertainties on financial and economic stability: Evidence from connectedness network analysis	14
Does monetary policy fuel bitcoin demand? Event-study evidence from emerging markets	14
Was a deterioration in ‘connectedness’ a leading indicator of the European sovereign debt crisis?	14
Borrower- and lender-based macroprudential policies: What works best against bank systemic risk?	13
Uncertainty avoidance and stock price informativeness of future earnings	13
Digital finance era: Will individual investors become better players?	13
Exchange rate regimes and price efficiency: Empirical examination of the impact of financial crisis	13
Does implied volatility (or fear index) affect Islamic stock returns and conventional stock returns differently? Wavelet-based granger-causality, asymmetric quantile regression and NARDL approaches	13
Known unknowns: How much financial misconduct is detected and deterred?	13
Technical analysis in cryptocurrency markets: Do transaction costs and bubbles matter?	13
Unintentional herd behavior via the Google search volume index in international equity markets	13
Pan-African banks, banking interconnectivity: A new systemic risk measure in the WAEMU	13
Realized higher-order moments spillovers across cryptocurrencies	13
From CIP-deviations to a market for risk premia: A dynamic investigation of cross-currency basis swaps	13
Outward FDI and stock price crash risk---Evidence from China	13
Retail vs institutional investor attention in the cryptocurrency market	13
Effects of financial constraints and product market competition on share repurchases	13
Credit rating, banks' capital structure and speed of adjustment: A cross-country analysis	13
From taper tantrum to Covid-19: Portfolio flows to emerging markets in periods of stress	13
COVID-19 government interventions and cryptocurrency market: Is there any optimum portfolio diversification?	12
Shifting balances of systemic risk in the Chinese banking sector: Determinants and trends	12
Foreign ownership and stock liquidity uncertainty	12
Foreign controlling shareholders and corporate investment	12
Forecasting realised volatility: Does the LASSO approach outperform HAR?	12
International tests of the ZCAPM asset pricing model	12
Financial derivatives, analyst forecasts, and stock price synchronicity: Evidence from an emerging market	12
Asset market equilibria in cryptocurrency markets: Evidence from a study of privacy and non-privacy coins	12
Time horizon and cryptocurrency ownership: Is crypto not speculative?	12
On the predictive power of network statistics for financial risk indicators	12
Financial market resilience and financial development: A global perspective	12
Modelling the quantile cross-coherence between exchange rates: Does the COVID-19 pandemic change the interlinkage structure?	12
Corporate failure prediction: An evaluation of deep learning vs discrete hazard models	12
Have crisis-induced banking supports influenced European bank performance, resilience and price discovery?	12
Individual investors’ dividend tax reform and corporate social responsibility	11
Does the world smile together? A network analysis of global index option implied volatilities	11
Corporate social responsibility and the term structure of CDS spreads	11
Exchange rate volatility connectedness during Covid-19 outbreak: DECO-GARCH and Transfer Entropy approaches	11
Women directors and market valuation: What are the “Wonder Woman” attributes in banking?	11
Climate risk and stock performance of fossil fuel companies: An international analysis	11
Explaining cryptocurrency returns: A prospect theory perspective	11
COVID-19 pandemic and liquidity commonality	11
Are banks really special? Evidence from a natural experiment	11
European stock market volatility connectedness: The role of country and sector membership	11
Interdependence between monetary policy and asset prices in ASEAN-5 countries	11
Political freedom and earnings management	11
Global systemic risk dynamic network connectedness during the COVID-19: Evidence from nonlinear Granger causality	11
What explains the benefits of international portfolio diversification?	11
The pricing of global temperature shocks in the cost of equity capital	10
EPU spillovers and stock return predictability: A cross-country study	10
Hedging effectiveness of cryptocurrencies in the European stock market	10
Religiosity, neglected risk and asset returns: Theory and evidence from Islamic finance industry	10
Market efficiency in the art markets using a combination of long memory, fractal dimension, and approximate entropy measures	10
Bank lending during the COVID-19 pandemic: A comparison of Islamic and conventional banks	10
Blockholders and real earnings management-the emerging markets context	10
Digitalization and corporate investment efficiency: Evidence from China	10
Environmental information transparency and green innovations	10

Hedging effectiveness of bitcoin and gold: Evidence from G7 stock markets	10
Asymmetric impact of Sino-US interest rate differentials and economic policy uncertainty ratio on RMB exchange rate	10
Religious and social narratives and crowdfunding success	10
Securitization and crash risk: Evidence from large European banks	10
Financial centre bias in sub-sovereign credit ratings	10
Role of financial inclusion and digital transformation on bank credit risk	10
How has the rise of Pan-African banks impacted bank stability in WAEMU?	10
In times of crisis does ownership matter? Liquidity extraction through dividends during the 2007–2009 financial crisis	9
Credit risk interdependence in global financial markets: Evidence from three regions using multiple and partial wavelet approaches	9
Geopolitical risk and crowdfunding performance	9
The structure and degree of dependence in government bond markets	9
Joint effect of linguistic style and ethnicity on entrepreneurial fundraising: Evidence from equity crowdfunding	9
Geopolitical risk and stock market development	9
Green bonds’ connectedness with hedging and conditional diversification performance	9
Investor attention factors and stock returns: Evidence from China	9
What does COVID-19 teach us about the role of national culture? Evidence from social distancing restrictions	9
On the Economic fundamentals behind the Dynamic Equicorrelations among Asset classes: Global evidence from Equities, Real estate, and Commodities	9
Press freedom and operational losses: The monitoring role of the media	9
Terrorism and international stock returns	9
Information shares and market quality before and during the European sovereign debt crisis	9
Switching costs and bank competition: Evidence from dual banking economies	9
GCC Sovereign Wealth Funds: Why do they take control?	9
Optimal loan contracting under policy uncertainty: Theory and international evidence	9
Cross-border investment and corporate innovation: Evidence from the Chinese market	9
Implications of central bank digital currency for financial stability: Evidence from the global banking sector	8
Economic policy uncertainty and international IPO underpricing	8
The Single Supervisory Mechanism and its implications for the profitability of European banks	8
QE in the euro area: Has the PSPP benefited peripheral bonds?	8
Relationships between capital flow and economic growth: A network analysis	8
The Impact of Investor Sentiment on Catering Incentives around the World	8
Market momentum amplifies market volatility risk: Evidence from China’s equity market	8
Bond return predictability: Evidence from 25 OECD countries	8
Social capital, trust, and bank tail risk: The value of ESG rating and the effects of crisis shocks	8
Paradox of trade openness: The moderated mediating role of governance	8
Decentralized lending and its users: Insights from compound	8
Alarming contagion effects: The dangerous ripple effect of extreme price spillovers across crude oil, carbon emission allowance, and agriculture futures markets	8
Financial flows centrality: Empirical evidence using bilateral capital flows	8
Crisis sentiment and banks’ stock price crash risk: A missing piece of the puzzle?	8
Financial earthquakes and aftershocks: From Brexit to Russia-Ukraine conflict and the stability of European banks	8
The transmission of global monetary and credit shocks on exchange market pressure in emerging markets and developing economies	8
Efficiency dynamics across segmented Bitcoin Markets: Evidence from a decomposition strategy	8
Sentiment and trading decisions in an ambiguous environment: A study on cryptocurrency traders	8
When central bank research meets Google search: A sentiment index of global financial stress	7
Global financial conditions, capital flows and the exchange rate regime in emerging market economies	7
Network structure and risk-adjusted return approach to stock indices integration: A study on Asia-Pacific countries	7
Asset pricing in the Middle East’s equity markets	7
Stock markets and female participation in the labor force	7
The political pressure from the US upon RMB exchange rate	7
Exchange rate and balance of payment crisis risks in the global development finance architecture	7
Reserve requirements and financial stability	7
Differences in bank and microfinance business models: An analysis of the loan monitoring systems and funding sources	7
Does bank competition matter for the effects of macroprudential policy on the procyclicality of lending?	7
The role of media coverage in the bubble formation: Evidence from the Bitcoin market	7
Social trust and firm innovation*	7
Do long-term institutional investors contribute to financial stability? – Evidence from equity investment in Hong Kong and international markets	7
Bank asset and informational quality	7
External investor protection and internal corporate governance: Substitutes or complements for motivating foreign portfolio investment?	7
Policy signaling and stock price synchronicity: Evidence from China	7
Cross-market spoofing	7
Do financial markets reward government spending efficiency?	6
Are credit rating disagreements priced in the M&A market?	6
The conditional volatility premium on currency portfolios	6
Loan syndication under Basel II: How do firm credit ratings affect the cost of credit?	6
The predictive content of oil price and volatility: New evidence on exchange rate forecasting	6
From systematic to systemic risk among G7 members: Do the stock or real estate markets matter?	6
A clientele effect in online lending markets: Evidence from the comovement between investor sentiment and online lending rates	6
Political sentiment and syndicated loan borrowing costs of multinational enterprises	6
Can Bitcoin be Trusted? Quantifying the economic value of blockchain transactions	6
Technical analysis profitability and Persistence: A discrete false discovery approach on MSCI indices	6
Commonality in intraday liquidity and multilateral trading facilities: Evidence from Chi-X Europe	6
Do world stock markets “jump” together? A measure of high-frequency volatility risk spillover networks	6
Capital market liberalization and opportunistic insider sales: Evidence from China	6
Discovering the drivers of stock market volatility in a data-rich world	6
Factor volatility spillover and its implications on factor premia	6
Does the choice of monetary policy tool matter for systemic risk? The curious case of negative interest rates	6
Does systematic tail risk matter?	6
Economic sanctions sentiment and global stock markets	6
Market risks that change US-European equity correlations	6
What’s the expected loss when Bitcoin is under cyberattack? A fractal process analysis	6
Cross-border equity flows and information transmission: Evidence from Chinese stock markets	6
What drives DeFi market returns?	6
Short-selling restrictions and financial stability in Europe: Evidence from the Covid-19 crisis	6
From revenue to safety: Rating agencies have changed their concerns after the crisis	5
Loan growth, ownership, and regulation in the European Banking Sector: Old versus new banking landscape	5
Target industry takeover competition and the wealth effects of mergers and acquisitions: International evidence	5
Understanding idiosyncratic momentum in the Chinese stock market	5
On the information content of sovereign credit rating reports: Improving the predictability of rating transitions☆	5
Someone like you: Lottery-like preference and the cross-section of expected returns in the cryptocurrency market	5
Flight to quality – Gold mining shares versus gold bullion	5
Cultural values of parent bank board members and lending by foreign subsidiaries: The moderating role of personal traits	5
Co-skewness and expected return: Evidence from international stock markets	5
Connectedness between central bank digital currency index, financial stability and digital assets	5
Tail dependence structure and extreme risk spillover effects between the international agricultural futures and spot markets	5
Causal and frequency analyses of purchasing power parity	5
What drives family SMEs to internationalize? An integrated perspective of community institutions and knowledge resources	5