OOIR: Observatory of International Research

Papers

(The TQCC of Journal of International Financial Markets Institutions & Money 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 2021-12-01 to 2025-12-01.)

Article	Citations
Turkish currency crunch: Examining behavior across investor types	141
The impact of foreign ownership on the media’s role in curbing insider trading around private meetings	127
Do big data mutual funds outperform?	121
Do U.S. Institutional investors react to international politics?	118
When fiscal discipline meets macroeconomic stability: The Euro-stability bond	115
Information effect of credit rating announcements in transition economies	111
Editorial Board	105
The Shock of US-China trade war and the job Market: Downstream shrinkage and upstream employment	90
European stock market volatility connectedness: The role of country and sector membership	85
High-frequency connectedness between Bitcoin and other top-traded crypto assets during the COVID-19 crisis	83
Directors with foreign experience and corporate cash holdings	83
Serial acquirers and stock price crash risk: International evidence	81
Understanding sovereign credit ratings: Text-based evidence from the credit rating reports	77
The connectedness between meme tokens, meme stocks, and other asset classes: Evidence from a quantile connectedness approach	73
Should I stay or should I go? Stock market reactions to companies' decisions in the wake of the Russia-Ukraine conflict	72
Determinants of firms’ default on unsecured loans in the P2P crowdfunding market	67
Access to capital and energy efficiency: How high-speed rail investments benefit high-tech firms	62
Extractive institutions and banks’ implicit subsidies	58
Editorial Board	55
Fintech, human development and energy poverty in sub-Saharan Africa	55
Antidumping, firm performance, and subsequent responses	54
The economic consequences of violence against civilians: Developing economic resilience to violence	51
Foreign controlling shareholders and corporate investment	51
Havenly acquisitions	50
How to develop global energy-intensive sectors in the presence of carbon tariffs?	46

Does systematic tail risk matter?	46
From the executive suite to the environment: How does CEO power affect climate change disclosures?	44
Managing cryptocurrency risk exposures in equity portfolios: Evidence from high-frequency data	43
Employment protection, corporate governance, and labor productivity around the World	42
Tail dependence structure and extreme risk spillover effects between the international agricultural futures and spot markets	41
Macro fundamentals and the resurgence of the Feldstein–Horioka puzzle in Europe	41
Societal trust and corporate risk-taking: International evidence	41
Predictable liquidity properties in a Segmented, inelastic stock market	40
Covered interest rate parity deviations, COVID-19 pandemic infection cases, and vaccination	40
Leveraged finance exposure in the banking system: Systemic risk and interconnectedness	39
Learning financial survival from disasters	38
Corrigendum to “Societal trust and corporate risk-taking: International evidence” [J. Int. Fin. Mark. Instit. Money 76 (2022) 101490]	38
Global financial uncertainty shocks and external monetary vulnerability: The role of dominance, exposure, and history	37
Joint effect of linguistic style and ethnicity on entrepreneurial fundraising: Evidence from equity crowdfunding	37
Central bank digital currency and systemic risk	35
Banks’ environmental policies and banks’ financial stability	35
Does ESG contracting align or compete with stakeholder interests?	35
Did cryptomarket chaos unleash Silvergate's bankruptcy? investigating the high-frequency volatility and connectedness behind the collapse	35
Foreign ownership and stock liquidity uncertainty	34
Real earnings management and debt choice	34
Climate risk and the systemic risk of banks: A global perspective	34
Biodiversity risk and firms’ access to trade credit	33
Asymmetric Higher-Moment spillovers between sustainable and traditional investments	33
Bilateral investment treaties and portfolio investment	33
Carry and conditional value at risk trend: Capturing the short-, intermediate-, and long-term trends of left-tail risk forecasts	32
Currency carry trades, risk management, and firm value: Evidence from Korean banking industry	31
Tax avoidance regulations and stock market responses	30
Unintentional herd behavior via the Google search volume index in international equity markets	29
Climate risk and predictability of global stock market volatility	28
Social capital, trust, and bank tail risk: The value of ESG rating and the effects of crisis shocks	28
Does local government debt regulation improve rural banks’ performance? Evidence from China	28
Do industries predict stock market volatility? Evidence from machine learning models	28
Financial earthquakes and aftershocks: From Brexit to Russia-Ukraine conflict and the stability of European banks	27
Organization capital, dividends and firm value: International evidence	27
Sovereign credit rating downgrades and Growth-at-Risk	27
Investor heterogeneity and negative skewness in stock returns: Evidence from institutional investors	27
Sovereign risk dynamics in the EU: The time varying relevance of fiscal and external (im)balances*	26
Currency carry trade: The decline in performance after the 2008 Global Financial Crisis	26
Self-disclosed peer effects on corporate capital structure	26
The effect of margin trading, stock index futures, and firm characteristics on stock price synchronicity: Evidence from China	25
Family firm, financial constraint, and environmental preparedness: An international study	25
Does market misvaluation drive cross-border M&As?	25
Revisiting the PPP puzzle: Nominal exchange rate rigidity and region of inaction	25
Gold-mining stocks, risk factors, and tail patterns	25
Cross-market overnight time-series momentum	25
Foreign investments during financial crises: Institutional investors’ informational skills create value when familiarity does not	24
Differences in bank and microfinance business models: An analysis of the loan monitoring systems and funding sources	24
The dynamics of money supply determination under asset purchase programs: A market-based versus a bank-based financial system	24
Financial derivatives, analyst forecasts, and stock price synchronicity: Evidence from an emerging market	24
Financial liberalization and the investment-cash flow sensitivity	23

Network structure and risk-adjusted return approach to stock indices integration: A study on Asia-Pacific countries	23
Impacts of carbon market and climate policy uncertainties on financial and economic stability: Evidence from connectedness network analysis	23
What drives DeFi market returns?	23
Investor attention factors and stock returns: Evidence from China	23
Geopolitical risk, financial constraints, and tax avoidance	22
Trade facilitation costs and corruption: Evidence from China	22
Explaining cryptocurrency returns: A prospect theory perspective	22
EPU spillovers and stock return predictability: A cross-country study	22
Editorial Board	21
Why do stock markets negatively price democracy?	21
Asset pricing in bull and bear markets	21
Liquidity dynamics between virtual and equity markets	21
The asymmetry of the Amihud illiquidity measure on the European markets: The evidence from Extreme Value Theory	20
Do infectious diseases explain Bitcoin price Fluctuations?	20
Technical analysis in cryptocurrency markets: Do transaction costs and bubbles matter?	20
The governance effects of social media engagement on M&A outcomes: Evidence from China	20
Does international trade moderate economic development’s impact on income inequality in the EU?	20
Banking networks, systemic risk, and the credit cycle in emerging markets	20
From systematic to systemic risk among G7 members: Do the stock or real estate markets matter?	20
Clustering asset markets based on volatility connectedness to political news	20
Does equity market openness increase productivity? the dual effects of Shanghai-Hong Kong stock Connect program in China	20
Cross-border equity flows and information transmission: Evidence from Chinese stock markets	19
Exchange rate regime changes and market efficiency: An event study	19
The role of US bank liquidity and regulations in Covered Interest Parity deviations	19
Editorial Board	19
ESG performance and investment efficiency: The impact of information asymmetry	19
Financial sector development and microcredit to small firms	19
Are we living in an illusion? A fresh look at the importance of bank capital in the quest for stability	19
Editorial Board	18
Do ESG investments improve portfolio diversification and risk management during times of uncertainty	18
A canary in a Coalmine! religious agency and its impact on the performance of Islamic banks	18
Bank lending during the COVID-19 pandemic: A comparison of Islamic and conventional banks	18
Fan tokens: Sports and speculation on the blockchain	18
International political uncertainty and climate risk in the stock market	17
Global climate policy uncertainty and financial markets	17
Green bonds’ connectedness with hedging and conditional diversification performance	17
Digital disruptors at the gate. Does FinTech lending affect bank market power and stability?	17
Was the ICO boom just a sideshow of the Bitcoin and Ether Momentum?	17
Underdog mentality, identity discrimination and access to peer-to-peer lending market: Exploring effects of digital authentication	17
Editorial Board	16
Performance of intraday technical trading in China’s gold market	16
The long-run risk premium in the intertemporal CAPM: International evidence	16
Executives’ early-life experience and corporate debt contracting: Evidence from CEO military experience	16
Have crisis-induced banking supports influenced European bank performance, resilience and price discovery?	16
Local product market competition and investment home bias	16
Other comprehensive income volatility and bank risk	16
Editorial Board	16
Regulatory arbitrage, shadow banking and monetary policy in China	16
Corporate social responsibility in market liberalization: Evidence from Shanghai-Hong Kong Stock Connect	16
The short-run impact of investor expectations’ past volatility on current predictions: The case of VIX	16
The effect of individualism on bank risk and bank Performance: An international study	16
Are state-owned enterprises more responsible for carbon neutrality? Evidence from stock market reactions to China’s commitment to carbon neutrality	16
Board tenure diversity and investment efficiency: A global analysis	16
Bankruptcy reforms and corporate debt structure	16
Asymmetric impact of Sino-US interest rate differentials and economic policy uncertainty ratio on RMB exchange rate	15
Can bilateral RMB swap reduce monetary policy spillovers from the United States to China?	15
Self-regulation for responsible banking and ESG disclosure scores: Is there a link?	15
Social media as an amplifier of insider trading profits	15
One crash, too many: Global uncertainty, sentiment factors and cryptocurrency market	15
Do financial markets reward government spending efficiency?	15
New insights into liquidity resiliency	15
Digital disruption in financing: Are fintech and bigtech credit reshaping corporate access to capital?	15
Editorial Board	15
Political risk, hedge fund strategies, and returns: Evidence from G7 countries	15
Forecasting international financial stress: The role of climate risks	15
FinTech platforms and mutual fund markets	14
Do CoCos serve the goals of macroprudential supervisors or bank managers?	14
GCC Sovereign Wealth Funds: Why do they take control?	14