Global Finance Journal

Article	Citations
The diminishing lustre: Gold's market volatility and the fading safe haven effect	250
Profitability and low-risk anomalies reexamined	163
How does foreign economic policy uncertainty affect domestic analyst earnings forecasts?	109
The regulatory environment and financial constraints of private firms in the European Union	71
Fiduciary or loyalty? Evidence from top management counsel and stock liquidity	67
Liquidity spillovers in the global stock markets: Lessons for risk management	66
The digital economy, market integration and environmental gains	64
Watchdogs of greenwashing: The role of long-term institutional cross-ownership	62
Balancing the books: The role of energy-related uncertainty in corporate leverage	59
Public sector unions and municipal debt	58
How do voting powers matter in equity finance? Evidence from chinese private placements	57
Does social capital matter in underwriter's fees?	56
Supply chain contagion effects of negative CSR events: A stock market reaction perspective	55
Under the microscope: Trade initiation activities around earnings and takeover announcements in a market with continuous disclosure	53
Foreword to 2021 New Zealand Finance Meeting	52
The stock market effects of committing and setting GHG targets: evidence from the science-based targets initiative	51
Deferring real options with solar renewable energy certificates	50
Culture and exit mechanisms: International evidence	49
Does bank capital reduce liquidity creation?	48
Data breaches (hacking) and trade credit	47
The impact of reporting changes on hidden liquidity: Evidence from the Chicago stock exchange	47
ESG activities and firm cash flow	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	44
Weather risk and financial markets: Credit risk, stock returns, and corporate fundamentals	44
Equity misvaluation and debt markets	42

The impact of capital on bank profitability during the COVID-19 pandemic	41
Research on safe-haven currencies under global uncertainty —A new perception based on the East Asian market	41
Busy board and corporate debt maturity structure	41
Money talks, green walks: Does financial inclusion promote green sustainability in Africa?	38
Greasing the wheels of irreversible investment: International evidence on the economic effects of corruption	36
Stabilizing global foreign exchange markets in the time of COVID-19: The role of vaccinations	34
Do large-cap exchange-traded funds perform better than their small-cap counterparts in extreme market conditions?	34
Global perspectives on corporate social responsibility, political institutions, and the political economy	34
Information content of the limit order book: A cross-sectional analysis in Borsa Istanbul	33
Tail risk transmission in technology-driven markets	33
Equity market response to natural disasters: Does firm's corporate social responsibility make difference?	33
Impact of Fintech on labor allocation efficiency in firms: Empirical evidence from China	33
Erratum regarding missing Declaration of Competing Interest statements in previously published articles	33
Climate risk, ESG performance, and ESG sentiment in US commercial banks	32
Risk governance and financial stability: A comparative study of conventional and Islamic banks in the GCC	31
Does asset-based uncertainty drive asymmetric return connectedness across regional ESG markets?	31
Editorial Board	29
Are mutual fund inflow restrictions intended to protect or promote? A profit-driven explanation based on China's mutual funds	29
Editorial Board	28
Corporate social responsibility as a common risk factor	27
The green transition and tech firms' financial performance: Insights from patent data	27
Learning, foreign operations and operating performance	27
Informational linkage and price discovery between China's futures and spot markets: Evidence from the US–China trade dispute	27
Resistance or motivation? Impact of climate risk on corporate greenwashing: An empirical study of Chinese enterprises	26
FinTech entrepreneurial ecosystem in India: Role of incubators and accelerators	26
Climate transition risk in sovereign bond markets	26
Corporate political risk and environmental performance	25
Measuring the risk appetite of bank-controlling shareholders: The Risk-Weighted Ownership index	25
Materiality is in the eye of the beholder: China's enhanced Reg FD and information efficiency	25
The “night effect” of intraday trading: Evidence from Chinese gold and silver futures markets	24
Do Muslim CEOs and Muslim stakeholders prefer Islamic debt financing?	24
Trend following or reversal: Does culture affect predictions and trading behavior?	24
FinTech development and commercial bank efficiency in China	24
Credit market conditions, expected return proxies, and bank stock returns	24
Terror threat and investor sentiment: International evidence	23
Exploring the drivers of investment in Fintech: Board composition and home bias in banking	23
Multinationals and stock return comovement	23
Clusters of social impact firms: A complex network approach	23
Foreign institutional investors and share pledging: Evidence from China's stock market openness reform	22
Financial turbulence, systemic risk and the predictability of stock market volatility	22
Extreme weather, climate risk, and the lead–lag role of carbon	21
Editorial: Special issue on green finance and the post-COVID-19 world	21
Walking quietly: Fiduciary waivers and blockholder exit	21
Economic policy uncertainty and the inhibitory effect of firms' green technology innovation	20
Deep reinforcement learning for portfolio selection	20
Stock returns and income inequality: Asymmetric evidence from state level data in the U.S.	20
Role of digital finance, investment, and trade in technological progress	20
Limits of arbitrage and their impact on market efficiency: Evidence from China	20
ESG rating disagreement and the cost of equity capital	20
Climate change exposure and precautionary financial policy: Cross-country evidence	20

Opportunistic earnings management or performance-related effects? Evidence from dividend-paying firms	19
Property crime and lottery-related anomalies	19
Cross-sector comovements and policy impact in the COVID-19 stock market: A dynamic factor approach	18
Bridging the gap: Uncovering static and dynamic relationships between digital assets and BRICS equity markets	18
Editorial Board	18
Information asymmetry in non-US stocks: The compounding and mitigating effects of tax havens and corruption	18
Political legitimacy and CSR reporting: Evidence from non-SOEs in China	18
Digital technology innovation and corporate resilience	17
Net stable funding ratio: Implication for Bank stability in Europe	17
Sailing through uncertainty: Shipping's role in financial shock transmission and hedging strategies	17
Which market dominates the price discovery in currency futures? The case of the Chicago Mercantile Exchange and the Intercontinental Exchange	16
Editorial Board	16
Bank scandal contagion: Evidence from the Wells Fargo cross-selling scandal	15
Risk implications of dependence in the commodities: A copula-based analysis	15
Internationalization and firm performance	15
Extreme connectedness of agri-commodities with stock markets and its determinants	15
Unlocking the black box of sentiment and cryptocurrency: What, which, why, when and how?	15
When ESG news talks: How media sentiment shapes corporate financial behavior in China	15
Comparing the impact of Chinese and U.S. economic policy uncertainty on the volatility of major global stock markets	14
Intraday impact of macroeconomic and COVID-19 news on Latin American stock indexes	14
Monetary winds of change: Exploring the link between policy shifts and bank profitability in developed and emerging European markets	14
Technological progress and carbon emissions: Evidence from the European Union	14
Business expectations and public policies amid exogenous shocks: The COVID-19 case in Latin America	14
Firm performance & effective mitigation of adverse business scenarios	14
Nonparametric identification of factors for the cross-section of Latin American stock returns	14
Does climate risk influence exchange rates?	14
Ownership concentration and equity transactions: The ambivalent role of controlling shareholders in firm performance in Latin American contexts	14
Sovereign fiscal capacity, implicit subsidies, and bank value	14
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]	14
Trading behaviour and market sentiment: Firm-level evidence from an emerging Islamic market	13
The evolution of corporate social responsibility in China: Do political connection and ownership matter?	13
Green bonds: Do investors benefit from third-party certification?	13
Real asset liquidity, cash holdings, and the cost of corporate debt	13
Disaster response: The COVID-19 pandemic and insider trading around the world	13
Capital structure of Islamic banks: How different are they from conventional banks?	13
In search of COVID-19 and stock market behavior	13
Explaining differences in CEO gender diversity across industries: Do personality traits matter?	13
Financial structure and economic efficiency in Sub-Saharan Africa	12
Comovement and S&P 500 membership	12
Can institutional investors mitigate ESG rating disagreement? Evidence from China	12
Dynamics of mining markets: Equilibrium implications for professional and casual miners	12
The role of ESG performance in firms' resilience during the COVID-19 pandemic: Evidence from Nordic firms	12
Do female CEOs matter for ESG scores?	12
Dynamic connectedness, spillover, and optimal hedging strategy among FinTech, Sukuk, and Islamic equity markets	12
Do different streams of capital flows affect asset prices differently?	12
The power of attention: examining the roles of institutional investor and macroeconomic news attention in shaping share liquidity	12
A MIDAS multinomial logit model with applications for bond ratings	11
Unlocking the impact of digital technology progress and entry dynamics on firm's total factor productivity in Chinese industries	11
A leap of faith that echoes well? The value impact of Chinese firms starting up business overseas	11
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]	11
Does social network connectedness affect acquirer merger performance around the world?	11
Editorial Board	11
Macroprudential regulation and bank risk: The role of shareholders' and creditors' rights	11
Understanding drought shocks: Bank financial stability and loan performance	11
The impact of term limits on municipal borrowing costs	11
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
Editorial Board	10
The rising risks of fossil fuel lobbying	10
Exploring a Quasi-absolute priority rule for pay-outs to operational creditors in bankruptcy resolutions: Evidence from India	10
Does ESG rating disagreement impede corporate green innovation?	10
Time evolution of CEO overconfidence	10
The evolution of corporate payout in Canada	10
The devil is in the details: Does information in credit rating announcements affect dividend policy?	9
Large blockholders and stock price crash risk: An international study	9
Retrospective wisdom: Long-term orientation and the rating downgrades of financial institutions	9
The dynamics of market efficiency of major cryptocurrencies	9
Asymmetric time-frequency risk spillovers between the Fourth Industrial Revolution assets and commodity futures: Is economic policy uncertainty a driving factor?	9
Research on the Integration of the Digital and Real Economy	9
Linkages between financial and macroeconomic indicators in emerging markets and developing economies	9
Can extra-financial ratings serve as an indicator of ESG risk?	9
Home equity and retirement funding: Challenges and opportunities	9
Effects of female directors on gender diversity at lower organization levels and CSR performance: Evidence in Japan	9
Noninterest income mix and bank performance: Generalized propensity score fractional dose–response function evidence	9
Accounting disclosures and stock price efficiency: Evidence from mandatory IFRS adoption	8
Heterogeneity of foreign investors and Knightian uncertainty: Evidence from the Chinese capital market	8
Firm-level risk of climate change: Evidence from climate disasters	8
CEO casting call: Investor attention to corporate leadership appointments	8
Increasing profitability through contingent convertible capital: Empirical evidence from European banks	8
Unveiling interconnectedness and risk spillover among cryptocurrencies and other asset classes	8
Financial technology and financial capability: Study of the European Union	8

Friendly press, fading greens: The effect of media connection on firm greenwashing	8
Responsive CSR as damage control and the effect of institutional owner commitment	8
Do ESG rating changes matter? Evidence from Chinese stock market	8
AI strategies for financial inclusion and gender equality in MENAT: Evidence from Egypt, Turkey, and the UAE	8
China's economic policy uncertainty and firm-level investment in Southeast Asian economies: The role of trade connection and financial development	8
Fintech's impact on conventional and Islamic sustainable equities: Short- and long-term contributions of the digital financial ecosystem	8
Corporate environmental responsibility and financial constraints for unlisted SMEs	7
How resilient are PE/VC returns to real shocks?	7
Pricing of European currency options considering the dynamic information costs	7
Value-at-risk and the cross section of emerging market hedge fund returns	7
Executive stock ownership, debt choice, and the moderating effect of institutional owners	7
Do insiders profit from public environmental information? Evidence from insider trading	7
An algorithmic trading system based on a stacked generalization model and hidden Markov model in the foreign exchange market	7
Climate change and corporate credit worthiness: International evidence	7
Internal alliance and firm risk	6
Director networks and misconduct	6
Oil shocks and currency behavior: A dual approach to digital and traditional currencies	6
Synthetic cap rate indices (1991-Covid era)	6
A state-dependent international CAPM for partially integrated markets: Using local and US risk factors	6
Do market, resource and knowledge distance impact inbound cross-border acquisition?	6
Does corporate sexual orientation equality affect labor investment efficiency?	6
Empirical effects of sanctions and support measures on stock prices and exchange rates in the Russia–Ukraine war	6
Do institutional ownership and innovation influence idiosyncratic risk?	6
Is there a tradeoff between management earnings forecasts and sustainability reporting?	6
Impact of oil demand and supply shocks on the exchange rates of selected Southeast Asian countries	6
Research on the FinTech risk early warning based on the MS-VAR model: An empirical analysis in China	6
Corporate governance and CSR disclosure: Evidence from French listed companies	5
Informational role of analyst and investor days	5
Impact of environmental, social, and governance rating disagreement on real earnings management in Chinese listed companies	5
Design of employee pension benefits model and China's pension gender gap	5
The impact of financial crises on industrial growth in the Middle East and North Africa	5
Terrorism and cross-border mergers and acquisitions	5
Time-varying asymmetric spillovers among cryptocurrency, green and fossil-fuel investments	5
US partisan conflict uncertainty and households' access to bank credit: Evidence from UK survey data	5
Institutional openness and the labor income share of enterprises - A decade and a half of empirical evidence from China's free trade zones	5
Equity market linkages across Latin American countries	5
Hydroclimatic risk mispricing: Evidence from China	5
Nexus analysis of financial management, digital finance and new technologies	5
Beyond the headlines: Sentiment divergence and financial distress	5
Do R&D subsidies promote or inhibit firm R&D collaboration? An empirical analysis on the role of risk tolerance in China	5
Digital finance, financing constraints, and green technological innovation: A spatial analysis	5
Pandemic-induced fear and stock market returns: Evidence from China	5
When stakeholders are neighbors: How local communities influence corporate social responsibility	5
Does ESG matter to investors? ESG scores and the stock price response to new information	5
Green finance reform and reshaping firm-banking relationships: Evidence from China	5
Does executive gender matter for corporate financial policies under uncertainty?	5
Technical indicators and cross-sectional expected returns	5
ESG news spillover and corporate investment efficiency	4
Cognitive, affective, and normative factors affecting digital insurance adoption among persons with disabilities: A two-stage SEM-ANN analysis	4
Robinhood investors and corporate misconduct	4
Extreme negative events and corporate acquisitions: Terrorist attacks	4
Global power and Stock market co-movements: A study of G20 markets	4
When do ESG controversies reduce firm value in India?	4
The determinants of funding liquidity risk in decentralized lending	4
Pyramidal structure, vertical interlock, and corporate innovation	4
The impact of public health emergencies on small and medium-sized enterprises: Evidence from China	4
Will technological advancement affect Bitcoin trading and pricing? Evidence from BRC-20 tokens	4
The impact of oil shocks on the stock market	4
Does compliance with corporate governance increase profitability? Evidence from an emerging economy: Pakistan	4
Tail risk network analysis of Asian banks	4
Quantile connectedness and the determinants between FinTech and traditional financial institutions: Evidence from China	4
Employee effort and earnings management	4
Climate risk, ESG ratings, and the flow-performance relationship in mutual funds	4
Corporate social responsibility and voting over public goods	4
Asymmetric dependency among US national financial conditions and clean energy markets	4
Competition in dual markets: Implications for banking system stability	4
Managing man and machine: Automation potential and labor investment efficiency	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
Editorial Board	4
Conventional and downside CAPM: The case of London stock exchange	4
Executive compensation disclosure in emerging markets with weak shareholder enforcement: A multi-level analysis	4