Global Finance Journal

Article	Citations
Liquidity spillovers in the global stock markets: Lessons for risk management	368
Watchdogs of greenwashing: The role of long-term institutional cross-ownership	221
Profitability and low-risk anomalies reexamined	126
Editorial Board	125
Do Sukuk provide diversification benefits to conventional bond investors? Evidence from Turkey	121
The regulatory environment and financial constraints of private firms in the European Union	87
Fiduciary or loyalty? Evidence from top management counsel and stock liquidity	83
How does foreign economic policy uncertainty affect domestic analyst earnings forecasts?	77
The digital economy, market integration and environmental gains	74
The diminishing lustre: Gold's market volatility and the fading safe haven effect	58
Balancing the books: The role of energy-related uncertainty in corporate leverage	57
Public sector unions and municipal debt	56
How do voting powers matter in equity finance? Evidence from chinese private placements	54
Supply chain contagion effects of negative CSR events: A stock market reaction perspective	50
Does social capital matter in underwriter's fees?	50
The stock market effects of committing and setting GHG targets: evidence from the science-based targets initiative	49
Under the microscope: Trade initiation activities around earnings and takeover announcements in a market with continuous disclosure	49
Does bank capital reduce liquidity creation?	47
Foreword to 2021 New Zealand Finance Meeting	47
Culture and exit mechanisms: International evidence	47
Deferring real options with solar renewable energy certificates	46
Data breaches (hacking) and trade credit	46
Does news related to digital economy and central bank digital currency affect digital economy ETFs? Evidence from TVP-VAR connectedness and wavelet local multiple correlation analyses	46
The impact of reporting changes on hidden liquidity: Evidence from the Chicago stock exchange	44
ESG activities and firm cash flow	43

Asset securitizations and bank stability: Evidence from different banking systems	43
Global perspectives on corporate social responsibility, political institutions, and the political economy	42
Research on safe-haven currencies under global uncertainty —A new perception based on the East Asian market	42
Money talks, green walks: Does financial inclusion promote green sustainability in Africa?	40
Tail risk transmission in technology-driven markets	38
The impact of capital on bank profitability during the COVID-19 pandemic	38
Tokenization of sukuk: Ethereum case study	38
Do large-cap exchange-traded funds perform better than their small-cap counterparts in extreme market conditions?	37
Busy board and corporate debt maturity structure	37
Greasing the wheels of irreversible investment: International evidence on the economic effects of corruption	36
Equity misvaluation and debt markets	34
Stabilizing global foreign exchange markets in the time of COVID-19: The role of vaccinations	33
Impact of Fintech on labor allocation efficiency in firms: Empirical evidence from China	33
Green property finance and CO2 emissions in the building industry	30
Price sensitivity of the consumer-investor: Evidence from energy prices and mutual fund fees	30
Information content of the limit order book: A cross-sectional analysis in Borsa Istanbul	28
Risk governance and financial stability: A comparative study of conventional and Islamic banks in the GCC	28
Erratum regarding missing Declaration of Competing Interest statements in previously published articles	28
Does asset-based uncertainty drive asymmetric return connectedness across regional ESG markets?	28
Equity market response to natural disasters: Does firm's corporate social responsibility make difference?	27
Dynamic spillover effects among green bond, renewable energy stocks and carbon markets during COVID-19 pandemic: Implications for hedging and investments strategies	27
Climate risk, ESG performance, and ESG sentiment in US commercial banks	27
Corporate political risk and environmental performance	26
Firm valuations and board compensation: Evidence from alternative banking models	26
Editorial Board	26
FinTech entrepreneurial ecosystem in India: Role of incubators and accelerators	25
Informational linkage and price discovery between China's futures and spot markets: Evidence from the US–China trade dispute	24
Editorial Board	23
Learning, foreign operations and operating performance	23
Climate transition risk in sovereign bond markets	23
Corporate social responsibility as a common risk factor	22
The green transition and tech firms' financial performance: Insights from patent data	22
Foreign institutional investors and share pledging: Evidence from China's stock market openness reform	21
Measuring the risk appetite of bank-controlling shareholders: The Risk-Weighted Ownership index	21
Credit market conditions, expected return proxies, and bank stock returns	21
Resistance or motivation? Impact of climate risk on corporate greenwashing: An empirical study of Chinese enterprises	21
Exploring the drivers of investment in Fintech: Board composition and home bias in banking	21
The “night effect” of intraday trading: Evidence from Chinese gold and silver futures markets	21
Editorial Board	20
Multinationals and stock return comovement	20
Extreme weather, climate risk, and the lead–lag role of carbon	20
Clusters of social impact firms: A complex network approach	20
Terror threat and investor sentiment: International evidence	20
Trend following or reversal: Does culture affect predictions and trading behavior?	20
Do Muslim CEOs and Muslim stakeholders prefer Islamic debt financing?	20
Political legitimacy and CSR reporting: Evidence from non-SOEs in China	18
Financial turbulence, systemic risk and the predictability of stock market volatility	18
CSR in the bond market: Pricing stakeholders and the moderating role of the institutional context	18
FinTech development and commercial bank efficiency in China	18
Role of digital finance, investment, and trade in technological progress	17

Sailing through uncertainty: Shipping's role in financial shock transmission and hedging strategies	17
Net stable funding ratio: Implication for Bank stability in Europe	17
Information asymmetry in non-US stocks: The compounding and mitigating effects of tax havens and corruption	17
Spreading the fear: The central role of CBOE VIX in global stock market uncertainty	17
Bridging the gap: Uncovering static and dynamic relationships between digital assets and BRICS equity markets	17
Property crime and lottery-related anomalies	17
Stock returns and income inequality: Asymmetric evidence from state level data in the U.S.	17
ESG rating disagreement and the cost of equity capital	17
Limits of arbitrage and their impact on market efficiency: Evidence from China	17
Editorial Board	16
Opportunistic earnings management or performance-related effects? Evidence from dividend-paying firms	16
Economic policy uncertainty and the inhibitory effect of firms' green technology innovation	16
Editorial: Special issue on green finance and the post-COVID-19 world	16
The impact of news on the volatility of ESG firms	16
Cross-sector comovements and policy impact in the COVID-19 stock market: A dynamic factor approach	16
Deep reinforcement learning for portfolio selection	16
Editorial Board	15
When ESG news talks: How media sentiment shapes corporate financial behavior in China	15
Unlocking the black box of sentiment and cryptocurrency: What, which, why, when and how?	15
Bank scandal contagion: Evidence from the Wells Fargo cross-selling scandal	15
Digital technology innovation and corporate resilience	15
Monetary winds of change: Exploring the link between policy shifts and bank profitability in developed and emerging European markets	14
Internationalization and firm performance	14
Risk implications of dependence in the commodities: A copula-based analysis	13
Business expectations and public policies amid exogenous shocks: The COVID-19 case in Latin America	13
State contingent banking and asset price bubbles: The case of Islamic banking industry	13
Extreme connectedness of agri-commodities with stock markets and its determinants	13
Which market dominates the price discovery in currency futures? The case of the Chicago Mercantile Exchange and the Intercontinental Exchange	13
Ownership concentration and equity transactions: The ambivalent role of controlling shareholders in firm performance in Latin American contexts	13
Capital structure of Islamic banks: How different are they from conventional banks?	12
Technological progress and carbon emissions: Evidence from the European Union	12
Comparing the impact of Chinese and U.S. economic policy uncertainty on the volatility of major global stock markets	12
Intraday impact of macroeconomic and COVID-19 news on Latin American stock indexes	12
In search of COVID-19 and stock market behavior	12
Corrigendum to “Private placement, share prices, volume and financial crisis: An emerging market study” [Global Finance Journal Volume 24, Issue 3, 2013, Pages 203–221]	12
Real asset liquidity, cash holdings, and the cost of corporate debt	11
Explaining differences in CEO gender diversity across industries: Do personality traits matter?	11
Financial structure and economic efficiency in Sub-Saharan Africa	11
Green bonds: Do investors benefit from third-party certification?	11
Technical efficiency of Islamic and conventional banks with undesirable output: Evidence from a stochastic meta-frontier directional distance function	11
Dynamic connectedness, spillover, and optimal hedging strategy among FinTech, Sukuk, and Islamic equity markets	11
Trading behaviour and market sentiment: Firm-level evidence from an emerging Islamic market	11
Firm performance & effective mitigation of adverse business scenarios	11
The evolution of corporate social responsibility in China: Do political connection and ownership matter?	11
Do different streams of capital flows affect asset prices differently?	10
Dynamics of mining markets: Equilibrium implications for professional and casual miners	10
Does social network connectedness affect acquirer merger performance around the world?	10
Unlocking the impact of digital technology progress and entry dynamics on firm's total factor productivity in Chinese industries	10
The power of attention: examining the roles of institutional investor and macroeconomic news attention in shaping share liquidity	10
Disaster response: The COVID-19 pandemic and insider trading around the world	10
Understanding drought shocks: Bank financial stability and loan performance	10
Comovement and S&P 500 membership	10
The role of ESG performance in firms' resilience during the COVID-19 pandemic: Evidence from Nordic firms	10
Do female CEOs matter for ESG scores?	10
Can the green credit policy reduce carbon emission intensity of “high-polluting and high-energy-consuming” enterprises? Insight from a quasi-natural experiment in China	10
A MIDAS multinomial logit model with applications for bond ratings	10
The rising risks of fossil fuel lobbying	9
Editorial Board	9
Corporate governance and liquidity creation nexus in Islamic banks—Is managerial ability a channel?	9
Corrigendum to “Managerial market timing under credit risk: How do timed buybacks and stock issuances influence the value of long-term shareholders?” [Global Finance Journal 55 (2023) 100807]	9
Does ESG rating disagreement impede corporate green innovation?	9
Macroprudential regulation and bank risk: The role of shareholders' and creditors' rights	9
The impact of term limits on municipal borrowing costs	9
Exploring a Quasi-absolute priority rule for pay-outs to operational creditors in bankruptcy resolutions: Evidence from India	9
A leap of faith that echoes well? The value impact of Chinese firms starting up business overseas	9
Overlapping board connections with banker directors and corporate loan terms: Evidence from syndicated loans	9
National culture and saving: How collectivism, uncertainty avoidance, and future orientation play roles	8
Home equity and retirement funding: Challenges and opportunities	8
The devil is in the details: Does information in credit rating announcements affect dividend policy?	8
Is there a green fund premium? Evidence from twenty seven emerging markets	8
Unveiling interconnectedness and risk spillover among cryptocurrencies and other asset classes	8
Effects of female directors on gender diversity at lower organization levels and CSR performance: Evidence in Japan	8
The evolution of corporate payout in Canada	8
Fintech's impact on conventional and Islamic sustainable equities: Short- and long-term contributions of the digital financial ecosystem	8
Linkages between financial and macroeconomic indicators in emerging markets and developing economies	8
Noninterest income mix and bank performance: Generalized propensity score fractional dose–response function evidence	8
Responsive CSR as damage control and the effect of institutional owner commitment	8
CEO casting call: Investor attention to corporate leadership appointments	8
Can extra-financial ratings serve as an indicator of ESG risk?	8
Large blockholders and stock price crash risk: An international study	8

Editorial Board	8
Asymmetric time-frequency risk spillovers between the Fourth Industrial Revolution assets and commodity futures: Is economic policy uncertainty a driving factor?	8
The dynamics of market efficiency of major cryptocurrencies	8
Do ESG rating changes matter? Evidence from Chinese stock market	8
Retrospective wisdom: Long-term orientation and the rating downgrades of financial institutions	8
Increasing profitability through contingent convertible capital: Empirical evidence from European banks	7
Financial technology and financial capability: Study of the European Union	7
Oil shocks and currency behavior: A dual approach to digital and traditional currencies	7
China's economic policy uncertainty and firm-level investment in Southeast Asian economies: The role of trade connection and financial development	7
Idiosyncratic return volatility and the role of firm fundamentals: A cross-country analysis	7
Do insiders profit from public environmental information? Evidence from insider trading	7
Transition to Islamic equities: Systematic risk and Shari'ah compliance	7
Heterogeneity of foreign investors and Knightian uncertainty: Evidence from the Chinese capital market	7
Firm-level risk of climate change: Evidence from climate disasters	7
Executive stock ownership, debt choice, and the moderating effect of institutional owners	7
Accounting disclosures and stock price efficiency: Evidence from mandatory IFRS adoption	7
Do institutional ownership and innovation influence idiosyncratic risk?	6
Research on the FinTech risk early warning based on the MS-VAR model: An empirical analysis in China	6
How resilient are PE/VC returns to real shocks?	6
Climate change and corporate credit worthiness: International evidence	6
Corporate environmental responsibility and financial constraints for unlisted SMEs	6
An algorithmic trading system based on a stacked generalization model and hidden Markov model in the foreign exchange market	6
Pricing of European currency options considering the dynamic information costs	6
Impact of oil demand and supply shocks on the exchange rates of selected Southeast Asian countries	6
Value-at-risk and the cross section of emerging market hedge fund returns	6
Empirical effects of sanctions and support measures on stock prices and exchange rates in the Russia–Ukraine war	6
Synthetic cap rate indices (1991-Covid era)	6
Impact of environmental, social, and governance rating disagreement on real earnings management in Chinese listed companies	5
Do market, resource and knowledge distance impact inbound cross-border acquisition?	5
Is there a tradeoff between management earnings forecasts and sustainability reporting?	5
A state-dependent international CAPM for partially integrated markets: Using local and US risk factors	5
Pandemic-induced fear and stock market returns: Evidence from China	5
Design of employee pension benefits model and China's pension gender gap	5
Does corporate sexual orientation equality affect labor investment efficiency?	5
The effect of issuance documentation disclosure and readability on liquidity: Evidence from green bonds	5
Do R&D subsidies promote or inhibit firm R&D collaboration? An empirical analysis on the role of risk tolerance in China	5
Internal alliance and firm risk	5
US partisan conflict uncertainty and households' access to bank credit: Evidence from UK survey data	5
The holding behavior of Shariah financial assets within the global Islamic financial sector: A macroeconomic and firm-based model	5
Equity market linkages across Latin American countries	5
Quantile connectedness and the determinants between FinTech and traditional financial institutions: Evidence from China	4
Beyond the headlines: Sentiment divergence and financial distress	4
Does ESG matter to investors? ESG scores and the stock price response to new information	4
Nexus analysis of financial management, digital finance and new technologies	4
Cognitive, affective, and normative factors affecting digital insurance adoption among persons with disabilities: A two-stage SEM-ANN analysis	4
Time-varying asymmetric spillovers among cryptocurrency, green and fossil-fuel investments	4
Asymmetric dependency among US national financial conditions and clean energy markets	4
Extreme negative events and corporate acquisitions: Terrorist attacks	4
The impact of oil shocks on the stock market	4
Does executive gender matter for corporate financial policies under uncertainty?	4
Terrorism and cross-border mergers and acquisitions	4
Informational role of analyst and investor days	4
Corporate governance and CSR disclosure: Evidence from French listed companies	4
The impact of financial crises on industrial growth in the Middle East and North Africa	4
When do ESG controversies reduce firm value in India?	4
Tail risk network analysis of Asian banks	4
Managing man and machine: Automation potential and labor investment efficiency	4
Editorial Board	4
Employee effort and earnings management	4
Hydroclimatic risk mispricing: Evidence from China	4
Digital finance, financing constraints, and green technological innovation: A spatial analysis	4
The Eurozone banking sector in the time of COVID-19: Measuring volatility connectedness	4
Technical indicators and cross-sectional expected returns	4
Will technological advancement affect Bitcoin trading and pricing? Evidence from BRC-20 tokens	4
The determinants of funding liquidity risk in decentralized lending	4
The effect of equity market uncertainty on informational efficiency: Cross-sectional evidence	4
Financial inclusion and bank profitability: Evidence from a developed market	4