Global Finance Journal

Article	Citations
Dynamic spillover effects among green bond, renewable energy stocks and carbon markets during COVID-19 pandemic: Implications for hedging and investments strategies	251
Static and dynamic connectedness between NFTs, Defi and other assets: Portfolio implication	145
COVID-19 and time-frequency connectedness between green and conventional financial markets	137
Is there a green fund premium? Evidence from twenty seven emerging markets	100
Are safe haven assets really safe during the 2008 global financial crisis and COVID-19 pandemic?	96
Oil shocks and stock market volatility of the BRICS: A GARCH-MIDAS approach	68
Asymmetric tail dependence between green bonds and other asset classes	66
The role of ESG scoring and greenwashing risk in explaining the yields of green bonds: A conceptual framework and an econometric analysis	66
Sharia supervisory boards, governance structures and operational risk disclosures: Evidence from Islamic banks in MENA countries	59
Revisiting conventional and green finance spillover in post-COVID world: Evidence from robust econometric models	56
Islamic microfinance: A bibliometric review	50
Safe havens in Islamic financial markets: COVID-19 versus GFC	49
Thirty years of the Global Finance Journal: A bibliometric analysis	49
High-speed railway opening and urban green productivity in the post-COVID-19: Evidence from green finance	43
A time–frequency comovement and causality relationship between Bitcoin hashrate and energy commodity markets	42
In search of COVID-19 and stock market behavior	41
The impact of news on the volatility of ESG firms	39
Risk-adjusted profitability and stability of Islamic and conventional banks: Does revenue diversification matter?	39
Green property finance and CO2 emissions in the building industry	38
Do female CEOs matter for ESG scores?	38
Does geopolitical uncertainty affect corporate financing? Evidence from MIDAS regression	37
The return volatility of cryptocurrencies during the COVID-19 pandemic: Assessing the news effect	36
Corporate governance and dynamics capital structure: evidence from Vietnam	35
Board tenure and firm performance	32
Analyst coverage, corporate social responsibility, and firm value: Evidence from China	31

The Eurozone banking sector in the time of COVID-19: Measuring volatility connectedness	31
Tokenization of sukuk: Ethereum case study	28
ESG activities and firm cash flow	27
National culture and corporate risk-taking around the world	26
Financial inclusion and bank profitability: Evidence from a developed market	25
Asymmetric volatility connectedness between Islamic stock and commodity markets	25
FinTech and capital allocation efficiency: Another equity-efficiency dilemma?	24
Efficiency in Islamic vs. conventional banking: The role of capital and liquidity	23
On spillover effects between cryptocurrency-linked stocks and the cryptocurrency market: Evidence from Australia	23
Spreading the fear: The central role of CBOE VIX in global stock market uncertainty	23
Power purchase agreements with incremental tariffs in local currency: An innovative green finance tool	23
Does technological inclusion promote financial inclusion among SMEs? Evidence from South-East Asian (SEA) countries	22
Do climate risk beliefs shape corporate social responsibility?	22
What do we know about the price spillover between green bonds and Islamic stocks and stock market indices?	22
Exploring Bubbles in the Digital Economy: The Case of China	21
Google search and stock returns: A study on BIST 100 stocks	21
When do ESG controversies reduce firm value in India?	20
Local culture and tax avoidance: Evidence from gambling preference behavior	20
Asset securitizations and bank stability: Evidence from different banking systems	19
Can extra-financial ratings serve as an indicator of ESG risk?	19
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	18
Long-term financial performance of corporate social responsibility	18
Dynamic connectedness, spillover, and optimal hedging strategy among FinTech, Sukuk, and Islamic equity markets	18
The effects of International Financial Reporting Standards, auditing and legal enforcement on tax evasion: Evidence from 37 African countries	16
Firm-level risk of climate change: Evidence from climate disasters	16
FinTech development and commercial bank efficiency in China	16
Optimal portfolio diversification with a multi-chain regime-switching spillover GARCH model	15
Extreme connectedness of agri-commodities with stock markets and its determinants	15
Corporate governance and liquidity creation nexus in Islamic banks—Is managerial ability a channel?	15
Do company visits by institutional investors mitigate managerial myopia in R&D investment? Evidence from China	15
Pandemic-induced fear and stock market returns: Evidence from China	14
The impact of mobile banking services on saving behavior in West Africa	14
Shariah governance in Islamic banks: Practices, practitioners and praxis	14
It is not only what you say, but how you say it: ESG, corporate news, and the impact on CDS spreads	14
Informational linkage and price discovery between China's futures and spot markets: Evidence from the US–China trade dispute	14
Board gender diversity and firm risk in UK private firms	14
Financial turbulence, systemic risk and the predictability of stock market volatility	13
The behavior and determinants of illiquidity in the non-fungible tokens (NFTs) market	12
Does ESG matter to investors? ESG scores and the stock price response to new information	12
The evolution of the application of capital budgeting techniques in enterprises	12
The dynamics of market efficiency of major cryptocurrencies	12
Foreign bank entry and bank competition: Cross-country heterogeneity	12
Time-varying asymmetric spillovers among cryptocurrency, green and fossil-fuel investments	12
Does better capitalization enhance bank efficiency and limit risk taking? Evidence from ASEAN commercial banks	12
CSR in the bond market: Pricing stakeholders and the moderating role of the institutional context	12
Does financial development improve economic growth? The role of asymmetrical relationships	12
Cross-commodity hedging for illiquid futures: Evidence from China's base metal futures market	12
Does bank capital reduce liquidity creation?	12
Fiduciary or loyalty? Evidence from top management counsel and stock liquidity	12
Do Sukuk provide diversification benefits to conventional bond investors? Evidence from Turkey	11

Competition in dual markets: Implications for banking system stability	11
The rising risks of fossil fuel lobbying	11
Opportunistic earnings management or performance-related effects? Evidence from dividend-paying firms	11
Macroprudential policy in the EU: A political economy perspective	11
Risk governance and financial stability: A comparative study of conventional and Islamic banks in the GCC	11
Effects of female directors on gender diversity at lower organization levels and CSR performance: Evidence in Japan	11
Comparative analysis of environmental, social, and governance disclosures	11
The effect of issuance documentation disclosure and readability on liquidity: Evidence from green bonds	11
Editorial: Special issue on green finance and the post-COVID-19 world	10
Environmental, social, and governance premium in Chinese stock markets	10
Firm valuations and board compensation: Evidence from alternative banking models	10
“How using derivative instruments and purposes affects performance of Islamic banks? Evidence from CAMELS approach”	10
Does technology-seeking OFDI improve the productivity of Chinese firms under the COVID-19 pandemic?	10
National culture and small firms' use of trade credit: Evidence from Europe	10
The pitfalls of (non-definitive) Environmental, Social, and Governance scoring methodology	10
Technical efficiency of Islamic and conventional banks with undesirable output: Evidence from a stochastic meta-frontier directional distance function	9
Digital transformation in finance and its role in promoting financial transparency	9
Conventional and downside CAPM: The case of London stock exchange	9
What drives the systemic banking crises in advanced economies?	9
What drives cross-border spillovers among sovereign CDS, foreign exchange and stock markets?	9
Equity market response to natural disasters: Does firm's corporate social responsibility make difference?	9
Role of digital finance, investment, and trade in technological progress	9
Social capital, human capital, and board appointments	9
Are hedge fund managers skilled?	8
Predictability of stock market returns: New evidence from developed and developing countries	8
Does compliance with corporate governance increase profitability? Evidence from an emerging economy: Pakistan	8
State contingent banking and asset price bubbles: The case of Islamic banking industry	8
Climate risk, ESG performance, and ESG sentiment in US commercial banks	8
Do institutional ownership and innovation influence idiosyncratic risk?	8
Hyperbolic distance function, technical efficiency and stability to shocks: A comparison between Islamic banks and conventional banks in MENA region	7
Do large-cap exchange-traded funds perform better than their small-cap counterparts in extreme market conditions?	7
Piecing together the extent of retail fractional trading	7
How COVID-19 changed Italian consumers' behavior	7
Quantile connectedness and the determinants between FinTech and traditional financial institutions: Evidence from China	7
Impact of oil demand and supply shocks on the exchange rates of selected Southeast Asian countries	7
Employee effort and earnings management	7
Green bonds: Do investors benefit from third-party certification?	7
Deferring real options with solar renewable energy certificates	7
Trade openness and income inequality: The moderating role of institutional quality	6
Bank risk-taking and corporate investment: Evidence from the Global Financial Crisis of 2007–2009	6
Capital structure of Islamic banks: How different are they from conventional banks?	6
Estimating risk efficiency in Middle East banks before and after the crisis: A metafrontier framework	6
The coming wave of small business succession and the role of stakeholder synergy theory	6
Time-frequency comovements between sovereign CDS and exchange rates: The role of sentiments	6
Is the disposition effect in bonds as strong as in stocks? Evidence from an emerging market	6
Brazilian stock-market efficiency before and after COVID-19: The roles of fractality and predictability	6
Do Muslim CEOs and Muslim stakeholders prefer Islamic debt financing?	6
Uncertainty and US stock market dynamics	6
Global systemically important banks regulation: Blessing or curse?	6
Tail risk transmission in technology-driven markets	6
Impact of the 2008–2009 financial crisis on the external and internal linkages of European frontier stock markets	6
Who trades bitcoin futures and why?	6
COVID-19 and A-share banks' stock price volatility: From the perspective of the epidemic evolution in China and the US	5
Comparing the impact of Chinese and U.S. economic policy uncertainty on the volatility of major global stock markets	5
Outward foreign investment performance, digital transformation, and ESG performance: Evidence from China	5
Transition to Islamic equities: Systematic risk and Shari'ah compliance	5
CEO and CFO equity compensation and dividend payout over the firm lifecycle	5
FinTech entrepreneurial ecosystem in India: Role of incubators and accelerators	5
Drivers of differences in performance of ESG-focused funds relative to their underlying benchmarks	5
Value-at-risk and the cross section of emerging market hedge fund returns	5
Examining the adaptive market hypothesis with calendar effects: International evidence and the impact of COVID-19	5
Macroeconomic news and treasury futures return volatility: Do treasury auctions matter?	5
Nexus analysis of financial management, digital finance and new technologies	5
The past is never dead: Famine-CEOs and corporate social performance	5
Pricing of European currency options considering the dynamic information costs	5
Long-term international diversification of equities	5
Economic policy uncertainty and stock market activity: Evidence from China	5
National culture and saving: How collectivism, uncertainty avoidance, and future orientation play roles	4
Climate transition risk in sovereign bond markets	4
The evolution of corporate social responsibility in China: Do political connection and ownership matter?	4
Measuring changes in credit risk: The case of CDS event studies	4
Which market dominates the price discovery in currency futures? The case of the Chicago Mercantile Exchange and the Intercontinental Exchange	4
Currency hedging for single-currency equity portfolios: Does cross-asset risk matter?	4
Economic policy uncertainty and the inhibitory effect of firms' green technology innovation	4
Economic fundamentals and the long-run correlation between exchange rates and commodities	4
Islamic finance in Russia: A market review and the legal environment	4
US macroeconomic news effects around the US and European financial crises: Evidence from Brazilian and Mexican equity indices	4
An algorithmic trading system based on a stacked generalization model and hidden Markov model in the foreign exchange market	4
An examination of green bonds as a hedge and safe haven for international equity markets	4
Banking competition and the use of shadow credit: Evidence from lending marketplaces	4

A MIDAS multinomial logit model with applications for bond ratings	4
Muslim CEOs and bank risk-taking: Evidence from Indonesia	4
Corporate governance and CSR disclosure: Evidence from French listed companies	4
Euclidean (dis)similarity in financial network analysis	4
CEOs versus the board: Implications of strained relations for stock liquidity	4
Special issue on Islamic banking: Stability and governance	4
Design of employee pension benefits model and China's pension gender gap	3
Risk implications of dependence in the commodities: A copula-based analysis	3
Trade credit, creditor protection and banking crisis	3
Large blockholders and stock price crash risk: An international study	3
Foreign bank lending in the U.S. during three U.S. recessions	3
Corporate social responsibility as a common risk factor	3
Learning, foreign operations and operating performance	3
Managerial market timing: What is the pot size for long-term shareholders assuming firm management acts in their best interest and does have an informational advantage?	3
CEO happiness and forecasting	3
Digital finance, financing constraints, and green technological innovation: A spatial analysis	3
Asset liquidity, business risk, and beta	3
Informed trading in the options market surrounding data breaches	3
Can technical trading beat the foreign exchange market in times of crisis?	3
Gender bias in access to trade credit: Firm-level evidence from emerging markets	3
Free trade and the efficiency of financial markets	3
Tail risk in the European sovereign bond market during the financial crises: Detecting the influence of the European Central Bank	3
Overlapping board connections with banker directors and corporate loan terms: Evidence from syndicated loans	3
Relationship lending: A source of support or a means of exploitation?	3
Liquidity and short-run predictability: Evidence from international stock markets	3
Real asset liquidity, cash holdings, and the cost of corporate debt	3
Does corporate sexual orientation equality affect labor investment efficiency?	3
Property rights and access to equity capital in China	3
CEO pay ratios and financial reporting quality	3
Powerful CEOs and investment efficiency	3
Sovereign credit ratings: Discovering unorthodox factors and variables	3
Uncertainty avoidance, loss aversion and stock market participation	3
Consequences of fraud and overcoming negative market reaction	3
How do banks price liquidity? The role of market power.	3
The role of ESG performance in firms' resilience during the COVID-19 pandemic: Evidence from Nordic firms	3
Informational role of analyst and investor days	3
Digital finance and the energy transition: Evidence from Chinese prefecture-level cities	2
Do pricing efficiencies in Indian equity ETF market impact its performance?	2
Lottery stocks and stop-loss rules	2
Multinationals and stock return comovement	2
Exchange introduction and market competition: The entrance of MEMX and MIAX	2
Does the location of directors' additional positions matter? A new dimension of board structure	2
Western cultural influence on corporate innovation: Evidence from Chinese listed companies	2
Trend following or reversal: Does culture affect predictions and trading behavior?	2
Trading behaviour and market sentiment: Firm-level evidence from an emerging Islamic market	2
Firm size and the effectiveness of busy boards in an emerging economy	2
Effects of dialect connectedness between chairperson and CEO on corporate innovation in China	2
Prospect theory and a manager's decision to trade a blind principal bid basket	2
Empirical effects of sanctions and support measures on stock prices and exchange rates in the Russia–Ukraine war	2
Factor beta, overnight and intraday expected returns in China	2
Bridging the gap: Uncovering static and dynamic relationships between digital assets and BRICS equity markets	2
The impact of term limits on municipal borrowing costs	2
U.S., Anglo-Saxon European, and non-Anglo-Saxon European cash holdings around the financial crisis	2
Robinhood investors and corporate misconduct	2
Litigation risk, underpricing, and money-losing IPOs	2
The information content of ETF options	2
On the stability of stock-bond comovements across market conditions in the Eurozone periphery	2
Hedge fund activism and trade credit	2
Noninterest income mix and bank performance: Generalized propensity score fractional dose–response function evidence	2
The implications of passive investments for active fund management: International evidence	2
Be nice to the air: Severe haze pollution and mutual fund risk	2
The liquidity of active ETFs	2
What lies behind the asset growth effect?	2
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	2
The effect of digital economy and environmental regulation on green total factor productivity: Evidence from China	2
IPOs in New Zealand: Nonfinancial disclosures, valuation, and short-term performance	2
Unlocking the impact of digital technology progress and entry dynamics on firm's total factor productivity in Chinese industries	2
Societal trust and corporate underinvestment	2
Macroprudential regulation and bank risk: The role of shareholders' and creditors' rights	2
Up and down together? On the linkage of momentum and reversal	2
CSR regulation and the working capital management policy	2
The impact of public health emergencies on small and medium-sized enterprises: Evidence from China	2
The COVID-19 pandemic: How important is face-to-face interaction for information dissemination?	2
Words matter: Market responses to changes in U.S. and Chinese trade-related internet search frequency under different U.S. administrations	2
Selective hedging strategies for crude oil futures based on market state expectations	2
Data breaches (hacking) and trade credit	2
Internationalization and firm performance	2
Research on the FinTech risk early warning based on the MS-VAR model: An empirical analysis in China	2