Journal of International Financial Markets Institutions & Money

Article	Citations
Information effect of credit rating announcements in transition economies	146
Determinants of firms’ default on unsecured loans in the P2P crowdfunding market	143
Turkish currency crunch: Examining behavior across investor types	135
Should I stay or should I go? Stock market reactions to companies' decisions in the wake of the Russia-Ukraine conflict	135
The impact of foreign ownership on the media’s role in curbing insider trading around private meetings	107
Do U.S. Institutional investors react to international politics?	106
When fiscal discipline meets macroeconomic stability: The Euro-stability bond	103
The connectedness between meme tokens, meme stocks, and other asset classes: Evidence from a quantile connectedness approach	97
High-frequency connectedness between Bitcoin and other top-traded crypto assets during the COVID-19 crisis	92
Editorial Board	91
Directors with foreign experience and corporate cash holdings	84
Serial acquirers and stock price crash risk: International evidence	84
Do big data mutual funds outperform?	79
License to Give Up? informal competition and registered SMEs’ discouragement	75
Understanding sovereign credit ratings: Text-based evidence from the credit rating reports	69
European stock market volatility connectedness: The role of country and sector membership	68
The Shock of US-China trade war and the job Market: Downstream shrinkage and upstream employment	67
Does systematic tail risk matter?	66
Extractive institutions and banks’ implicit subsidies	64
Fintech, human development and energy poverty in sub-Saharan Africa	60
Editorial Board	58
Energy market deregulation: A new perspective on dividend smoothing	57
Foreign controlling shareholders and corporate investment	57
Employment protection, corporate governance, and labor productivity around the World	57
How to develop global energy-intensive sectors in the presence of carbon tariffs?	53

Access to capital and energy efficiency: How high-speed rail investments benefit high-tech firms	53
From the executive suite to the environment: How does CEO power affect climate change disclosures?	52
Tail dependence structure and extreme risk spillover effects between the international agricultural futures and spot markets	51
Managing cryptocurrency risk exposures in equity portfolios: Evidence from high-frequency data	51
Covered interest rate parity deviations, COVID-19 pandemic infection cases, and vaccination	50
Predictable liquidity properties in a Segmented, inelastic stock market	47
Leveraged finance exposure in the banking system: Systemic risk and interconnectedness	45
Foreign ownership and stock liquidity uncertainty	44
Joint effect of linguistic style and ethnicity on entrepreneurial fundraising: Evidence from equity crowdfunding	44
Corrigendum to “Societal trust and corporate risk-taking: International evidence” [J. Int. Fin. Mark. Instit. Money 76 (2022) 101490]	44
Macro fundamentals and the resurgence of the Feldstein–Horioka puzzle in Europe	43
Did cryptomarket chaos unleash Silvergate's bankruptcy? investigating the high-frequency volatility and connectedness behind the collapse	42
Social capital and retail investor behavior: evidence from the corporate social irresponsibility shocks in Taiwan	41
Learning financial survival from disasters	40
Real earnings management and debt choice	39
Banks’ environmental policies and banks’ financial stability	39
Global financial uncertainty shocks and external monetary vulnerability: The role of dominance, exposure, and history	38
Climate risk and the systemic risk of banks: A global perspective	37
Central bank digital currency and systemic risk	37
Does ESG contracting align or compete with stakeholder interests?	37
Carry and conditional value at risk trend: Capturing the short-, intermediate-, and long-term trends of left-tail risk forecasts	37
Sovereign credit rating downgrades and Growth-at-Risk	36
Do industries predict stock market volatility? Evidence from machine learning models	36
Biodiversity risk and firms’ access to trade credit	35
Systemic risk under the radar: Evidence from building societies and challenger banks	35
Currency carry trades, risk management, and firm value: Evidence from Korean banking industry	34
Sovereign risk dynamics in the EU: The time varying relevance of fiscal and external (im)balances*	34
Asymmetric Higher-Moment spillovers between sustainable and traditional investments	32
Bilateral investment treaties and portfolio investment	30
Organization capital, dividends and firm value: International evidence	29
Does local government debt regulation improve rural banks’ performance? Evidence from China	29
Financial earthquakes and aftershocks: From Brexit to Russia-Ukraine conflict and the stability of European banks	29
Social capital, trust, and bank tail risk: The value of ESG rating and the effects of crisis shocks	29
Climate risk and predictability of global stock market volatility	29
Investor heterogeneity and negative skewness in stock returns: Evidence from institutional investors	28
Revisiting the PPP puzzle: Nominal exchange rate rigidity and region of inaction	28
Does market misvaluation drive cross-border M&As?	28
The effect of investor-driven information diffusion on excess comovement: Evidence from retail and institutional investors in China and the United States	27
Gold-mining stocks, risk factors, and tail patterns	27
Geopolitical risk, financial constraints, and tax avoidance	27
Network structure and risk-adjusted return approach to stock indices integration: A study on Asia-Pacific countries	27
Explaining cryptocurrency returns: A prospect theory perspective	26
EPU spillovers and stock return predictability: A cross-country study	26
Impacts of carbon market and climate policy uncertainties on financial and economic stability: Evidence from connectedness network analysis	25
Self-disclosed peer effects on corporate capital structure	25
The effect of margin trading, stock index futures, and firm characteristics on stock price synchronicity: Evidence from China	25
The dynamics of money supply determination under asset purchase programs: A market-based versus a bank-based financial system	25
Financial derivatives, analyst forecasts, and stock price synchronicity: Evidence from an emerging market	24
Family firm, financial constraint, and environmental preparedness: An international study	24
Foreign investments during financial crises: Institutional investors’ informational skills create value when familiarity does not	24

Asset pricing in bull and bear markets	24
Differences in bank and microfinance business models: An analysis of the loan monitoring systems and funding sources	24
Cross-market overnight time-series momentum	24
What drives DeFi market returns?	24
Does international trade moderate economic development’s impact on income inequality in the EU?	23
Liquidity dynamics between virtual and equity markets	23
Trade facilitation costs and corruption: Evidence from China	23
Editorial Board	23
Does equity market openness increase productivity? the dual effects of Shanghai-Hong Kong stock Connect program in China	23
From systematic to systemic risk among G7 members: Do the stock or real estate markets matter?	23
Why do stock markets negatively price democracy?	22
ESG performance and investment efficiency: The impact of information asymmetry	22
The governance effects of social media engagement on M&A outcomes: Evidence from China	22
Do infectious diseases explain Bitcoin price Fluctuations?	22
Banking networks, systemic risk, and the credit cycle in emerging markets	22
The asymmetry of the Amihud illiquidity measure on the European markets: The evidence from Extreme Value Theory	22
Technical analysis in cryptocurrency markets: Do transaction costs and bubbles matter?	22
Cross-border equity flows and information transmission: Evidence from Chinese stock markets	22
Bank competition and corporate tax avoidance: the Chinese experience	21
Was the ICO boom just a sideshow of the Bitcoin and Ether Momentum?	21
Clustering asset markets based on volatility connectedness to political news	21
Editorial Board	21
A canary in a Coalmine! religious agency and its impact on the performance of Islamic banks	20
Fan tokens: Sports and speculation on the blockchain	20
The role of US bank liquidity and regulations in Covered Interest Parity deviations	20
Bank lending during the COVID-19 pandemic: A comparison of Islamic and conventional banks	20
Underdog mentality, identity discrimination and access to peer-to-peer lending market: Exploring effects of digital authentication	20
Financial sector development and microcredit to small firms	20
Exchange rate regime changes and market efficiency: An event study	20
Do ESG investments improve portfolio diversification and risk management during times of uncertainty	20
International political uncertainty and climate risk in the stock market	19
Editorial Board	19
Digital disruptors at the gate. Does FinTech lending affect bank market power and stability?	19
Green bonds’ connectedness with hedging and conditional diversification performance	19
Global climate policy uncertainty and financial markets	19
The long-run risk premium in the intertemporal CAPM: International evidence	19
Editorial Board	18
Other comprehensive income volatility and bank risk	18
Board tenure diversity and investment efficiency: A global analysis	18
Social media as an amplifier of insider trading profits	18
Asymmetric impact of Sino-US interest rate differentials and economic policy uncertainty ratio on RMB exchange rate	18
Executives’ early-life experience and corporate debt contracting: Evidence from CEO military experience	17
One crash, too many: Global uncertainty, sentiment factors and cryptocurrency market	17
Regulatory arbitrage, shadow banking and monetary policy in China	17
Forecasting international financial stress: The role of climate risks	17
Digital disruption in financing: Are fintech and bigtech credit reshaping corporate access to capital?	17
Bankruptcy reforms and corporate debt structure	17
The effect of individualism on bank risk and bank Performance: An international study	17
Are state-owned enterprises more responsible for carbon neutrality? Evidence from stock market reactions to China’s commitment to carbon neutrality	17
Have crisis-induced banking supports influenced European bank performance, resilience and price discovery?	16
The short-run impact of investor expectations’ past volatility on current predictions: The case of VIX	16
Is donation funding a dilemma for microfinance institutions?	16
Editorial Board	16
New insights into liquidity resiliency	16
Local product market competition and investment home bias	16
Editorial Board	15
Self-regulation for responsible banking and ESG disclosure scores: Is there a link?	15
FinTech platforms and mutual fund markets	15
Predicting the conditional distribution of US stock market systemic Stress: The role of climate risks	15
Do CoCos serve the goals of macroprudential supervisors or bank managers?	15
Can bilateral RMB swap reduce monetary policy spillovers from the United States to China?	15
Political risk, hedge fund strategies, and returns: Evidence from G7 countries	15
Empirical study on voting results and proxy advisor recommendations in Japan	14
Hedging effectiveness of bitcoin and gold: Evidence from G7 stock markets	14
Political sentiment and syndicated loan borrowing costs of multinational enterprises	14
Infrastructure financing in Africa	14
Social capital and bank liquidity hoarding	14
Exchange rate volatility connectedness during Covid-19 outbreak: DECO-GARCH and Transfer Entropy approaches	14
Does climate risk shape firms’ accounting conservatism?	14
The Vienna initiative as a signaling mechanism to disrupt the banking doom loop	14
External investor protection and internal corporate governance: Substitutes or complements for motivating foreign portfolio investment?	14
Financial openness, liability composition of banks, and bank risk: International evidence	14
Contagion effects of permissionless, worthless cryptocurrency tokens: Evidence from the collapse of FTX	13
Macroeconomic attention and stock market return predictability	13
Sovereign credit rating provision and financial development	13
Hedging effectiveness of cryptocurrencies in the European stock market	13
Do traditional off-balance sheet exposures increase bank risk?	13
Global banks and the picking order in internal capital markets: Do locational activity patterns matter?	12
Machine learning, memory and efficiency in cryptocurrency markets	12
Asset prices, financial amplification and monetary policy: Structural evidence from an identified multivariate GARCH model	12

Introducing the GVAR-GARCH model: Evidence from financial markets	12
Sentiment and trading decisions in an ambiguous environment: A study on cryptocurrency traders	12
Editorial Board	12
Tech titans and crypto giants: Mutual returns predictability and trading strategy implications	12
Spillover effects of US monetary policy on emerging markets amidst uncertainty	12
One size fits all? Effects of the zero lower bound on bank lending across countries	11
The more the better? Information sharing and credit risk	11
Credit risk interdependence in global financial markets: Evidence from three regions using multiple and partial wavelet approaches	11
Unravelling investors’ diverging responses to U.S. firms' global ESG incidents	11
Does adopting voluntary ESG practices affect executive compensation?	11
Detecting the risk of cross-product manipulation in the EUREX fixed income futures market	11
CSR performance and firm idiosyncratic risk in a data-rich environment: The role of retail investor attention	11
When central bank research meets Google search: A sentiment index of global financial stress	11
How does standardization affect OTC markets in the long term? Evidence from the small bang reform in the CDS market	11
Confidence in the world bank and IMF: Alignment of individual beliefs and institutional policies	11
Uncertainty and corporate default risk: Novel evidence from emerging markets	11
International crash risk premium	11
Does inflation targeting track record matter for asset prices? Evidence from stock, bond, and foreign exchange markets	11
National culture and banks stock volatility	10
Do contingent convertible bonds reduce systemic risk?	10
Decentralized and centralized exchanges: Which digital tokens pose a greater contagion risk?	10
Do world stock markets “jump” together? A measure of high-frequency volatility risk spillover networks	10
The politician as a CEO, corporate governance and firm value	10
Encouraging retirement savings: The role of Chinese pension funds	10
The effects of structural reforms on gross capital inflows in OECD countries	10
Climate change news risk and advertising spending	10
Financial sector development and intra-African trade	10
Editorial Board	10
Societal secrecy and corporate debt financing choice	10
Cultural values of parent bank board members and lending by foreign subsidiaries: The moderating role of personal traits	10
Aggregate insider trading and stock market volatility in the UK	10
Banking regulation and corporate R&D investment: Evidence from regulatory penalties in China	10
HACKED: Understanding the stock market response to cyberattacks	9
Default dependence in the insurance and banking sectors: A copula approach	9
A Comparative Textual Study of FOMC Transcripts Through Inflation Peaks	9
Market risks that change US-European equity correlations	9
Do peer effects matter in bank risk? Some cross-country evidence	9
Editorial Board	9
Sovereign Credit Default Swaps and the Currency Forward Bias	9
Bitcoin bans & regulatory segmentation in digitally native asset markets	9
Tax avoidance opportunity for multinational enterprises: effects of digitalized tax administration in China	9
Corporate integrity culture and credit rating assessment	9
Diversification and firm risk: New evidence on exchange rate exposure	8
Editorial Board	8
Cross-market spoofing	8
The role of media coverage in the bubble formation: Evidence from the Bitcoin market	8
Predictive sorting of cryptocurrencies based on fundamentals and sentiment	8
Global uncertainty and exchange rate conditions: Assessing the impact of uncertainty shocks in emerging markets and advanced economies	8
Time-varying dependence between Bitcoin and green financial assets: A comparison between pre- and post-COVID-19 periods	8
Women directors and market valuation: What are the “Wonder Woman” attributes in banking?	8
Mass media, air quality, and management turnover	8
FinTech and financing constraints of enterprises: Evidence from China	8
A cross-regional investigation of institutional quality and sustainable development	8
Trade fragmentation and volatility-of-volatility networks	8
Social capital and FinTech lending: international evidence	8
Dynamic spillovers among global oil shocks, economic policy uncertainty, and inflation expectation uncertainty under extreme shocks	8
Editorial Board	8
Secrecy culture and sensitivity of investment to stock prices: Evidence from emerging markets	8
Assessing the impact of COVID-19 on price Co-movements in China	8
Realized higher-order moments spillovers across cryptocurrencies	8
The relevance of media sentiment for small and large scale bitcoin investors	8
Does the choice of monetary policy tool matter for systemic risk? The curious case of negative interest rates	8
Firm-level political risk and equity issuance	7
Environmental information transparency and green innovations	7
Aggregate earnings and global equity returns	7
Ex ante bond returns and time-varying monotonicity	7
News and intraday retail investor order flow in foreign exchange markets	7
A more sustainable future: Can politically connected CEOs spur the nexus between ESG performance and firm financial performance?	7
Unlocking Dividends: The impact of managerial social capital on international corporate payouts	7
The role of education in capital Markets’ liquidity	7
Stablecoins as anchors? Unraveling information flow dynamics between pegged and unpegged crypto-assets and fiat currencies	7
Institutional settings and financing green innovation	7
Dynamic connectedness between investors’ sentiment and asset prices: A comparison between major markets in Europe and USA	7
Does the regional proximity lead to exchange rate spillover?	7
Evaluation of sight deposits and central bank digital currency	7
Insider trading restrictions and real activities earnings management: International evidence	7
A novel integration of the Fama–French and Black–Litterman models to enhance portfolio management	7
ESG, liquidity, and stock returns	7
Electricity markets regulations: The financial impact of the global energy crisis	7
Banking crises and the performance of microfinance institutions	7
The effect of fintech financing on firm performance: Evidence from emerging economies	7
International stock volatility predictability: New evidence from uncertainties	7
Cross-listing and predation risk in product markets	6
The mean-variance relation: A story of night and day	6
Alarming contagion effects: The dangerous ripple effect of extreme price spillovers across crude oil, carbon emission allowance, and agriculture futures markets	6
Economic policy uncertainty and international IPO underpricing	6
Market timing with moving average distance: International evidence	6
The effects of the ECB’s unconventional monetary policies from 2011 to 2018 on banking assets	6
Editorial Board	6
Interconnectedness between stock and credit markets: The role of European G-SIBs in a multilayer perspective	6
Peer effects of corporate product quality information disclosure: Learning and competition	6
Justice as efficiency: Courts and the allocation of electricity in China	6
Editorial Board	6
The causal effects of equity flows: Evidence from Korea	6
Digitalization and corporate investment efficiency: Evidence from China	6