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 2022-06-01 to 2026-06-01.)

Article	Citations
Turkish currency crunch: Examining behavior across investor types	151
Do U.S. Institutional investors react to international politics?	149
When fiscal discipline meets macroeconomic stability: The Euro-stability bond	136
Do big data mutual funds outperform?	109
Editorial Board	108
Determinants of firms’ default on unsecured loans in the P2P crowdfunding market	106
Understanding sovereign credit ratings: Text-based evidence from the credit rating reports	97
The Shock of US-China trade war and the job Market: Downstream shrinkage and upstream employment	95
License to Give Up? informal competition and registered SMEs’ discouragement	95
European stock market volatility connectedness: The role of country and sector membership	85
The impact of foreign ownership on the media’s role in curbing insider trading around private meetings	84
Should I stay or should I go? Stock market reactions to companies' decisions in the wake of the Russia-Ukraine conflict	81
Directors with foreign experience and corporate cash holdings	79
The connectedness between meme tokens, meme stocks, and other asset classes: Evidence from a quantile connectedness approach	70
High-frequency connectedness between Bitcoin and other top-traded crypto assets during the COVID-19 crisis	69
Information effect of credit rating announcements in transition economies	68
Energy market deregulation: A new perspective on dividend smoothing	68
Extractive institutions and banks’ implicit subsidies	65
Foreign controlling shareholders and corporate investment	61
Debt enforcement and loan loss provisions: Chinese evidence from the establishment of bankruptcy courts	60
From the executive suite to the environment: How does CEO power affect climate change disclosures?	60
Editorial Board	58
Access to capital and energy efficiency: How high-speed rail investments benefit high-tech firms	57
Does systematic tail risk matter?	57
Managing cryptocurrency risk exposures in equity portfolios: Evidence from high-frequency data	57

Fintech, human development and energy poverty in sub-Saharan Africa	53
How to develop global energy-intensive sectors in the presence of carbon tariffs?	51
Employment protection, corporate governance, and labor productivity around the World	50
Predictable liquidity properties in a Segmented, inelastic stock market	47
Tail dependence structure and extreme risk spillover effects between the international agricultural futures and spot markets	47
Joint effect of linguistic style and ethnicity on entrepreneurial fundraising: Evidence from equity crowdfunding	45
Learning financial survival from disasters	44
Foreign ownership and stock liquidity uncertainty	44
Corrigendum to “Societal trust and corporate risk-taking: International evidence” [J. Int. Fin. Mark. Instit. Money 76 (2022) 101490]	43
Real earnings management and debt choice	41
Macro fundamentals and the resurgence of the Feldstein–Horioka puzzle in Europe	41
Social capital and retail investor behavior: evidence from the corporate social irresponsibility shocks in Taiwan	41
Did cryptomarket chaos unleash Silvergate's bankruptcy? investigating the high-frequency volatility and connectedness behind the collapse	41
Leveraged finance exposure in the banking system: Systemic risk and interconnectedness	38
Covered interest rate parity deviations, COVID-19 pandemic infection cases, and vaccination	38
Climate risk and the systemic risk of banks: A global perspective	37
Global financial uncertainty shocks and external monetary vulnerability: The role of dominance, exposure, and history	37
The effects of homeownership on stock demand: A housing assignments quasi-experiment	36
Central bank digital currency and systemic risk	36
Banks’ environmental policies and banks’ financial stability	36
Does ESG contracting align or compete with stakeholder interests?	36
Carry and conditional value at risk trend: Capturing the short-, intermediate-, and long-term trends of left-tail risk forecasts	35
Do industries predict stock market volatility? Evidence from machine learning models	34
Systemic risk under the radar: Evidence from building societies and challenger banks	32
Sovereign credit rating downgrades and Growth-at-Risk	32
Currency carry trades, risk management, and firm value: Evidence from Korean banking industry	31
Asymmetric Higher-Moment spillovers between sustainable and traditional investments	30
Sovereign risk dynamics in the EU: The time varying relevance of fiscal and external (im)balances*	30
Financial earthquakes and aftershocks: From Brexit to Russia-Ukraine conflict and the stability of European banks	29
Fragile networks, costly credit: supply chain risk and bank loan contracting	29
Does local government debt regulation improve rural banks’ performance? Evidence from China	29
Bilateral investment treaties and portfolio investment	29
Organization capital, dividends and firm value: International evidence	29
Investor heterogeneity and negative skewness in stock returns: Evidence from institutional investors	29
Social capital, trust, and bank tail risk: The value of ESG rating and the effects of crisis shocks	28
Climate risk and predictability of global stock market volatility	28
The dynamics of money supply determination under asset purchase programs: A market-based versus a bank-based financial system	27
Biodiversity risk and firms’ access to trade credit	27
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
Carbon concentration in bank portfolios and efficiency: the role of credit risk and capitalization	26
Family firm, financial constraint, and environmental preparedness: An international study	26
Cross-market overnight time-series momentum	26
Network structure and risk-adjusted return approach to stock indices integration: A study on Asia-Pacific countries	26
Financial derivatives, analyst forecasts, and stock price synchronicity: Evidence from an emerging market	26
Geopolitical risk, financial constraints, and tax avoidance	26
Foreign investments during financial crises: Institutional investors’ informational skills create value when familiarity does not	25
Does market misvaluation drive cross-border M&As?	25
Explaining cryptocurrency returns: A prospect theory perspective	25
Differences in bank and microfinance business models: An analysis of the loan monitoring systems and funding sources	24

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