International Review of Financial Analysis

Article	Citations
COVID-19 pandemic, oil prices, stock market, geopolitical risk and policy uncertainty nexus in the US economy: Fresh evidence from the wavelet-based approach	871
Searching for safe-haven assets during the COVID-19 pandemic	374
Return connectedness across asset classes around the COVID-19 outbreak	308
Crude oil market and stock markets during the COVID-19 pandemic: Evidence from the US, Japan, and Germany	200
Predicting stock returns in the presence of COVID-19 pandemic: The role of health news	188
Digitalization, competition strategy and corporate innovation: Evidence from Chinese manufacturing listed companies	177
Global financial crisis and rising connectedness in the international commodity markets	163
ESG disclosure and financial performance: Moderating role of ESG investors	153
Women on corporate boards and corporate financial and non-financial performance: A systematic literature review and future research agenda	144
Can digital financial inclusion promote China's economic growth?	141
The impact of the FinTech revolution on the future of banking: Opportunities and risks	132
Diversifying equity with cryptocurrencies during COVID-19	130
Modelling dynamic dependence and risk spillover between all oil price shocks and stock market returns in the BRICS	121
Green credit policy and corporate access to bank loans in China: The role of environmental disclosure and green innovation	121
Asymmetric nexus between COVID-19 outbreak in the world and cryptocurrency market	119
Dynamic volatility spillovers across oil and natural gas futures markets based on a time-varying spillover method	118
Directional spillover effects and time-frequency nexus between oil, gold and stock markets: Evidence from pre and during COVID-19 outbreak	113
The hedging effect of green bonds on carbon market risk	111
Green credit regulation, induced R&D and green productivity: Revisiting the Porter Hypothesis	111
Investor attention and global market returns during the COVID-19 crisis	105
Dynamic spillovers between energy and stock markets and their implications in the context of COVID-19	101
Corporate ESG performance and manager misconduct: Evidence from China	94
Tail risk contagion between international financial markets during COVID-19 pandemic	94
Asymmetric volatility spillover among Chinese sectors during COVID-19	92
Gold or Bitcoin, which is the safe haven during the COVID-19 pandemic?	91

Dependences and volatility spillovers between the oil and stock markets: New evidence from the copula and VAR-BEKK-GARCH models	91
Risk spillovers between FinTech and traditional financial institutions: Evidence from the U.S.	87
Which sentiment index is more informative to forecast stock market volatility? Evidence from China	84
Risk transmissions between bitcoin and traditional financial assets during the COVID-19 era: The role of global uncertainties	84
International variations in ESG disclosure – Do cross-listed companies care more?	82
Extreme spillovers across Asian-Pacific currencies: A quantile-based analysis	80
Which popular predictor is more useful to forecast international stock markets during the coronavirus pandemic: VIX vs EPU?	80
CEO power and stock price crash risk in China: Do female directors' critical mass and ownership structure matter?	80
The impact of COVID-19 pandemic on transmission of monetary policy to financial markets	80
When the Japanese stock market meets COVID-19: Impact of ownership, China and US exposure, and ESG channels	79
Immunizing markets against the pandemic: COVID-19 vaccinations and stock volatility around the world	79
Asymmetric causality of economic policy uncertainty and oil volatility index on time-varying nexus of the clean energy, carbon and green bond	78
Assessing the safe haven property of the gold market during COVID-19 pandemic	76
Tail dependence between Bitcoin and financial assets: Evidence from a quantile cross-spectral approach	73
Dynamic volatility spillovers and investment strategies between the Chinese stock market and commodity markets	73
Impact of internet finance on the performance of commercial banks in China	71
The impact of Covid-19 on G7 stock markets volatility: Evidence from a ST-HAR model	71
From COVID-19 herd immunity to investor herding in international stock markets: The role of government and regulatory restrictions	69
A tale of two tails among carbon prices, green and non-green cryptocurrencies	69
Why do institutional investors buy green bonds: Evidence from a survey of European asset managers	68
News sentiment in the cryptocurrency market: An empirical comparison with Forex	68
Climate change, risk factors and stock returns: A review of the literature	68
Cooperative financial institutions: A review of the literature	68
Machine learning as an early warning system to predict financial crisis	66
Carbon disclosure, carbon performance and financial performance: International evidence	65
Financial market development: A potentiating policy choice for the green transition in G7 economies	64
Firms' digitalization and stock price crash risk	62
Assessing the extreme risk spillovers of international commodities on maritime markets: A GARCH-Copula-CoVaR approach	61
Linkages between DeFi assets and conventional currencies: Evidence from the COVID-19 pandemic	61
Cash flow uncertainty, financial constraints and R&D investment	60
Covid-19 pandemic and spillover effects in stock markets: A financial network approach	59
Volatility spillovers across NFTs news attention and financial markets	58
Spillovers and connectedness between major precious metals and major currency markets: The role of frequency factor	57
Dynamic spillovers across oil, gold and stock markets in the presence of major public health emergencies	56
Trump vs. Paris: The impact of climate policy on U.S. listed oil and gas firm returns and volatility	56
The influence of the COVID-19 pandemic on asset-price discovery: Testing the case of Chinese informational asymmetry	55
Small fish in big ponds: Connections of green finance assets to commodity and sectoral stock markets	55
Corporate social responsibility and investment efficiency: Does business strategy matter?	54
Time-frequency co-movement of cryptocurrency return and volatility: Evidence from wavelet coherence analysis	53
Dynamic volatility spillover effects between oil and agricultural products	52
Investor attention in cryptocurrency markets	52
Product market competition in accounting, finance, and corporate governance: A review of the literature	51
The impact of geopolitical uncertainty on energy volatility	51
Achieving the United Nations' sustainable development goals through financial inclusion: A systematic literature review of access to finance across the globe	50
The impact and role of COVID-19 uncertainty: A global industry analysis	49
Time-frequency spillovers among carbon, fossil energy and clean energy markets: The effects of attention to climate change	48
Asymmetric interdependencies between large capital cryptocurrency and Gold returns during the COVID-19 pandemic crisis	48
Spatial linkage of volatility spillovers and its explanation across G20 stock markets: A network framework	48
What drive carbon price dynamics in China?	48
Economic fundamentals or investor perceptions? The role of uncertainty in predicting long-term cryptocurrency volatility	48

The impact of the Russian-Ukrainian war on global financial markets	47
Global equity market volatilities forecasting: A comparison of leverage effects, jumps, and overnight information	46
Corporate governance quality and financial leverage: Evidence from China	46
Decentralized exchanges: The “wild west” of cryptocurrency trading	45
Environmental regulation and firm product quality improvement: How does the greenwashing response?	45
Corporate social responsibility, corporate financial performance and the confounding effects of economic fluctuations: A meta-analysis	45
ESG performance and corporate risk-taking: Evidence from China	44
The role of the carbon market in relation to the cryptocurrency market: Only diversification or more?	44
Nonlinear effects of climate policy uncertainty and financial speculation on the global prices of oil and gas	44
Economic policy uncertainty and corporate financialization: Evidence from China	43
Does oil price have similar effects on the exchange rates of BRICS?	43
Identifying the comovement of price between China's and international crude oil futures: A time-frequency perspective	41
Environmental regulation, green innovation, and export product quality: What is the role of greenwashing?	40
Investor sentiment and stock volatility: New evidence	40
How world uncertainties and global pandemics destabilized food, energy and stock markets? Fresh evidence from quantile on quantile regressions	40
Which cryptocurrency data sources should scholars use?	40
Do ESG ratings promote corporate green innovation? A quasi-natural experiment based on SynTao Green Finance's ESG ratings	40
Spillovers among sovereign CDS, stock and commodity markets: A correlation network perspective	40
Foreign institutional ownership and corporate cash holdings: Evidence from emerging economies	39
Ecological compensation in air pollution governance: China's efforts, challenges, and potential solutions	39
ESG Controversies, ESG Disclosure and Analyst Forecast Accuracy	39
Identifying influential energy stocks based on spillover network	39
Financialization and de-financialization of commodity futures: A quantile regression approach	39
Herd behaviour & investor sentiment: Evidence from UK mutual funds	38
Measuring quantile dependence and testing directional predictability between Bitcoin, altcoins and traditional financial assets	38
Dynamic efficiency and arbitrage potential in Bitcoin: A long-memory approach	38
Media sentiment and short stocks performance during a systemic crisis	38
The 2008 global financial crisis and COVID-19 pandemic: How safe are the safe haven assets?	38
Asymmetric volatility spillover between oil-importing and oil-exporting countries' economic policy uncertainty and China's energy sector	37
Controlling shareholder share pledging and stock price crash risk: Evidence from China	37
Is Bitcoin a better portfolio diversifier than gold? A copula and sectoral analysis for China	37
Can both Bitcoin and gold serve as safe-haven assets? — A comparative analysis based on the NARDL model	36
Does Bitcoin still own the dominant power? An intraday analysis	36
Board gender diversity, power, and bank risk taking	36
R&D and environmentally induced innovation: Does financial constraint play a facilitating role?	36
Bank competition, concentration and EU SME cost of debt	36
A bibliometric review of financial market integration literature	36
Inflation targeting & implications of oil shocks for inflation expectations in oil-importing and exporting economies: Evidence from three Nordic Kingdoms	36
Do state subsidies increase corporate environmental spending?	35
The illusion of the metaverse and meta-economy	35
Economic resiliency and recovery, lessons from the financial crisis for the COVID-19 pandemic: A regional perspective from Central and Eastern Europe	35
Green finance and investment behavior of renewable energy enterprises: A case study of China	34
Tail risk measurement in crypto-asset markets	34
Cyber-attacks and stock market activity	34
Fiscal incentives, financial support for agriculture, and urban-rural inequality	34
Can fintech innovation promote household consumption? Evidence from China family panel studies	34
Re-examination of international bond market dependence: Evidence from a pair copula approach	33
Organization capital and corporate cash holdings	33
A network perspective of comovement and structural change: Evidence from the Chinese stock market	33
Quantile connectedness between energy, metal, and carbon markets	33
The dilemma of government intervention in a firm's financing: Evidence from China	33
Financing the green projects: Market efficiency and volatility persistence of green versus conventional bonds, and the comparative effects of health and financial crises	32
Retail investor attention and firms' idiosyncratic risk: Evidence from China	32
Information uncertainty, investor sentiment, and analyst reports	32
Board of directors’ attributes and corporate outcomes: A systematic literature review and future research agenda	31
Asymmetric mean reversion of Bitcoin price returns	31
Exchange rate return predictability in times of geopolitical risk	31
Predicting stock returns: A risk measurement perspective	31
Beyond narrative disclosure tone: The upper echelons theory perspective	31
Stock market reaction to COVID-19: Evidence from U.S. Firms’ International exposure	31
Volatility spillover and investment strategies among sustainability-related financial indexes: Evidence from the DCC-GARCH-based dynamic connectedness and DCC-GARCH t-copula approach	31
When bitcoin lost its position: Cryptocurrency uncertainty and the dynamic spillover among cryptocurrencies before and during the COVID-19 pandemic	30
How cryptocurrency affects economy? A network analysis using bibliometric methods	30
Bearing an imprint: CEOs' early-life experience of the Great Chinese Famine and stock price crash risk	30
More heat than light: Investor attention and bitcoin price discovery	30
Quantile connectedness between sentiment and financial markets: Evidence from the S&P 500 twitter sentiment index	30
Key audit matters and stock price synchronicity: Evidence from a quasi-natural experiment in China	30
Institutional characteristics and the development of crowdfunding across countries	29
Multilayer financial networks and systemic importance: Evidence from China	29
Investor attention shocks and stock co-movement: Substitution or reinforcement?	29
Higher-order moment risk connectedness and optimal investment strategies between international oil and commodity futures markets: Insights from the COVID-19 pandemic and Russia-Ukraine conflict	28
“Shiny” crypto assets: A systemic look at gold-backed cryptocurrencies during the COVID-19 pandemic	28
Multi-dimensional corporate social responsibilities and stock price crash risk: Evidence from China	28
Should investors include green bonds in their portfolios? Evidence for the USA and Europe	28
Do the crude oil futures of the Shanghai International Energy Exchange improve asset allocation of Chinese petrochemical-related stocks?	28
Enterprise digital transformation, breadth of ownership and stock price volatility	28
Monetary policy and commodity markets: Unconventional versus conventional impact and the role of economic uncertainty	27
Information connectedness of international crude oil futures: Evidence from SC, WTI, and Brent	27
The impacts of investors' sentiments on stock returns using fintech approaches	27
Research on the impact of OFDI on the home country's global value chain upgrading	27

Forecasting crude oil volatility with geopolitical risk: Do time-varying switching probabilities play a role?	27
The financial market effects of international aviation disasters	27
News-based sentiment and bitcoin volatility	26
Board gender diversity and dividend payout: The critical mass and the family ties effect	26
A comprehensive look at stock return predictability by oil prices using economic constraint approaches	26
Connectedness structures of sovereign bond markets in Central and Eastern Europe	26
Oil price shocks, investor sentiment, and asset pricing anomalies in the oil and gas industry	26
The effect of market competition on corporate cash holdings: An analysis of corporate innovation and financial constraint	26
A systematic literature review on risk disclosure research: State-of-the-art and future research agenda	25
International review of financial analysis: A retrospective evaluation between 1992 and 2020	25
Fetching better deals from creditors: Board busyness, agency relationships and the bank cost of debt	25
Climate risk and bank liquidity creation: International evidence	25
How does fintech influence carbon emissions: Evidence from China's prefecture-level cities	25
Do environmentally sustainable practices lead to financially less constrained firms? International evidence	25
Does economic policy uncertainty drive nonlinear risk spillover in the commodity futures market?	25
Economic policy uncertainty and firm investment decisions: Dilemma or opportunity?	25
Geopolitical risk, climate risk and energy markets: A dynamic spillover analysis	25
Dynamic spillovers between uncertainties and green bond markets in the US, Europe, and China: Evidence from the quantile VAR framework	25
The run-up to the global financial crisis: A longer historical view of financial liberalization, capital inflows, and asset bubbles	24
The impact of abnormal real earnings management to meet earnings benchmarks on future operating performance	24
The monitoring role of venture capital on controllers' tunneling: Evidence from China	24
Business Tax reform and CSR engagement: Evidence from China	24
Extreme spillover effect of COVID-19 pandemic-related news and cryptocurrencies on green bond markets: A quantile connectedness analysis	24
Research on China's financial systemic risk contagion under jump and heavy-tailed risk	24
Multivariate long memory structure in the cryptocurrency market: The impact of COVID-19	24
On the asymmetric relationship between stock market development, energy efficiency and environmental quality: A nonlinear analysis	24
Shareholder litigation rights and ESG controversies: A quasi-natural experiment	23
Cash-rich firms and carbon emissions	23
Do site visits mitigate corporate fraudulence? Evidence from China	23
High-technology development zones and innovation in knowledge-intensive service firms: Evidence from Chinese A-share listed firms	23
Network structures and idiosyncratic contagion in the European sovereign credit default swap market	22
Impacts of COVID-19 outbreak, macroeconomic and financial stress factors on price spillovers among green bond	22
The influence of qualified foreign institutional investors on internal control quality: Evidence from China	22
Green bond vs conventional bond: Outline the rationale behind issuance choices in China	22
Corruption and innovation in private firms: Does gender matter?	22
Pandemic-driven financial contagion and investor behavior: Evidence from the COVID-19	22
Climate policy uncertainty and risks taken by the bank: Evidence from China	22
Does insiders share pledging stifle innovation? Evidence from China	22
On the intraday return curves of Bitcoin: Predictability and trading opportunities	21
Does cyber tech spending matter for bank stability?	21
A novel two-stage approach for cryptocurrency analysis	21
Macroeconomic attention, economic policy uncertainty, and stock volatility predictability	21
Non-performing loans in the euro area: Does bank market power matter?	21
Sentiment stocks	21
What role do futures markets play in Bitcoin pricing? Causality, cointegration and price discovery from a time-varying perspective?	21
Liquidity in the cryptocurrency market and commonalities across anomalies	21
Research on optimization of an enterprise financial risk early warning method based on the DS-RF model	21
Interconnected multilayer networks: Quantifying connectedness among global stock and foreign exchange markets	21
On the effects of uncertainty measures on sustainability indices: An empirical investigation in a nonlinear framework	21
Risk quantification for commodity ETFs: Backtesting value-at-risk and expected shortfall	21
The efficiency of Bitcoin: A strongly typed genetic programming approach to smart electronic Bitcoin markets	20
China-european railway, investment heterogeneity, and the quality of urban economic growth	20
Constructing a positive sentiment index for COVID-19: Evidence from G20 stock markets	20
VCRIX — A volatility index for crypto-currencies	20
Two sides of the same coin: Green Taxonomy alignment versus transition risk in financial portfolios	20
Delineating social finance	20
Time and frequency connectedness of green equity indices: Uncovering a socially important link to Bitcoin	20
The ESG effect on the cost of debt financing: A sharp RD analysis	20
The BOJ's ETF purchases and its effects on Nikkei 225 stocks	20
Does the mandatory disclosure of audit information affect analysts' information acquisition?	20
ESG scores and target price accuracy: Evidence from sell-side recommendations in BRICS	20
The effect of earnings management on firm performance: The moderating role of corporate governance quality	20
Do green bonds and economic policy uncertainty matter for carbon price? New insights from a TVP-VAR framework	20
Tail connectedness between lending/borrowing tokens and commercial bank stocks	20
Evidence of oil market price clustering during the COVID-19 pandemic	20
Economic policy uncertainty and the cost of capital	19
The volatility linkage between energy and agricultural futures markets with external shocks	19
Oil price volatility predictability based on global economic conditions	19
Environmental regulations and firms' green innovations: Transforming pressure into incentives	19
How does China's stock market react to supply chain disruptions from COVID-19?	19
Corporate cash holdings, agency problems, and economic policy uncertainty	19
Sentiment and stock market connectedness: Evidence from the U.S. – China trade war	19
Capital market pressure, real earnings management, and institutional ownership stability - Evidence from Poland	19
Economic policy uncertainty and leverage dynamics: Evidence from an emerging economy	19
Commodity prices and GDP growth	19
Can the Chinese volatility index reflect investor sentiment?	19
Financial contagion intensity during the COVID-19 outbreak: A copula approach	19
Exploring the relationship between cryptocurrencies and hedge funds during COVID-19 crisis	19
Price discovery and microstructure in ether spot and derivative markets	19
MAX momentum in cryptocurrency markets	19
They're back! Post-financialization diversification benefits of commodities	19
Voluntary adoption of board risk committees and financial constraints risk	19
Do co-opted boards strategically choose LGBT-supportive policies?	19
Crude oil price volatility and equity return predictability: A comparative out-of-sample study	18
Corporate immunity, national culture and stock returns: Startups amid the COVID-19 pandemic	18
U.S. leveraged loan and debt markets: Implications for optimal portfolio and hedging	18
Examining the relationship between policy uncertainty and market uncertainty across the G7	18
Price informativeness and state-owned enterprises: Considering their heterogeneity	18
Systemic risk in the Chinese financial system: A panel Granger causality analysis	18
Meta-analysis in finance research: Opportunities, challenges, and contemporary applications	18
Policy uncertainty and peer effects: Evidence from corporate investment in China	18
Environmental subsidy disruption, skill premiums and ESG performance	17
Credit risk and financial integration: An application of network analysis	17
Does economic policy uncertainty affect cross-border M&As? —— A data analysis based on Chinese multinational enterprises	17
A bibliometric analysis of cultural finance	17