International Review of Economics & Finance

Article	Citations
Trade facilitation and firms exports: Evidence from customs data	382
Debt's shadow: How leverage weighs down investment	331
The impact of different recommendation algorithms on consumer search behavior and merchants competition	233
Market-timing performance of mutual fund investors in Emerging Markets	223
Can rural health insurance coverage improve educational attainment? Evidence from new cooperative medical scheme in China	212
Digital finance, capital misallocation and corporate innovation	194
Why have UK universities become more indebted over time?	193
Extreme dynamic connectedness and hedging strategy across commodity, bond, currency, and stock markets: Evidence from Asian Pacific, Canada, Mexico, and US countries	168
Does environmental regulation affect labor investment Efficiency?Evidence from a quasi-natural experiment in China	166
Effects of shareholder proposals on the market value of Japanese firms	142
Active or passive portfolio: A tracking error analysis under uncertainty theory	132
Do China and USA differ in the interrelationship between green bond and ESG markets?	124
COVID-19 exposure, financial flexibility, and corporate leverage adjustment	121
Do the dynamics of macroeconomic attention drive the yen/dollar exchange market volatility?	120
Does intergenerational mobility affect corporate innovation? Evidence from Chinese manufacturing enterprises	117
Only strong short-term contrarian effect exists in Chinese stock market: The role of the T+1 trading mechanism	112
Dynamic spillover between green cryptocurrencies and stocks: A portfolio implication	105
Board independence and PIPE offerings	99
An indicator of monetary bias for emerging and partially dollarized economies: The case of Uruguay	97
Behavioral aspects of household portfolio choice: Effects of loss aversion on life insurance uptake and savings	92
Risk-premium shocks and the prudent exchange rate policy	88
Debt finance and economic activity in the euro-area: evidence on asymmetric and maturity effects	87
The peer effects of PIPEs	85
Measuring the productivity of urban commercial banks in China	82
Determinants of the price of bitcoin: An analysis with machine learning and interpretability techniques	79

Climate change exposure in uncertain times: A text-based approach	75
Crowding out or crowding in? Reevaluating the effect of government spending on private economic activities	75
How does corporate diversification affect earnings management? A path analysis approach	73
Do financing constraints affect the financial integrity of firms?	71
Controlling shareholder expropriation and labor investment efficiency	70
Board gender diversity and cost of equity: Evidence from mandatory female board representation	69
Does heterogeneous media sentiment matter the ‘green premium’? An empirical evidence from the Chinese bond market	69
Impacts of population aging on bank loan portfolios: Evidence from China	69
Global uncertainty and the spillover of tail risk between green and Islamic markets: A time-frequency domain approach with portfolio implications	68
Exploring the dynamic links, implications for hedging and investment strategies between Sukuk and commodity market volatility: Evidence from country level analysis	67
Renaissance of climate policy uncertainty: The effects of U.S. presidential election on energy markets volatility	66
Variation in the competition − Efficiency nexus: Evidence from emerging markets	64
Scale of cities and social trust: Evidence from China	64
Forecasting stock volatility using pseudo-out-of-sample information	64
Financial crises, bank efficiency and survival: Theory, literature and emerging market evidence	63
Local CEOs and environmentally-friendly enterprise behaviour	63
Can green credit policy increase corporate pollution abatement efforts? Evidence from China	62
Deliberate premarket underpricing: New evidence on IPO pricing using machine learning	62
Capital structure and corporate litigation	61
Policy-driven employment structure transformation: The role of innovation and education investment	61
Cybersecurity policy, ESG and operational risk: A Virtuous relationship to improve banks’ performance	61
Non-linear nexus between economic policy uncertainty and bank lending	60
Financial openness and capital inflows to emerging markets: In search of robust evidence	60
Dig the treasure nearby: The impact of local supplier preference on trade credit financing	60
Measuring Chinese climate uncertainty	59
Can digital inclusive finance reduce household poverty? Evidence from the China household finance survey	58
Corporate ESG performance and trade credit financing – Evidence from China	58
The impact of monetary and fiscal policy on FinTech firms during the crisis	58
Directors' and officers’ liability insurance and the pricing of seasoned equity offerings	58
The nexus between toxic-air pollution, health expenditure, and economic growth: An empirical study using ARDL	57
Competitive runs on Government debt	56
Editorial Board	56
Informed trading in the CDS and OTM put option markets	55
The heterogeneity of interest-induced MPC: Evidence from mortgage borrowers	54
Risk-return trade-off in the Australian Securities Exchange: Accounting for overnight effects, realized higher moments, long-run relations, and fractional cointegration	54
Editorial Board	53
Business cycles in emerging markets: The role of liability dollarization and valuation effects	52
Factors affecting trade credit in India	51
The Brazilian financial market reaction to COVID-19: A wavelet analysis	51
“Tax reduction” and the financialization of real enterprises: Evidence from China’s “VAT reform”	51
Digital transformation driving green innovation: Evidence from Chinese A-Share firms	50
Achieving carbon neutrality in emerging markets: The dual impact of energy transition investments on economic growth and carbon emissions	50
Small and medium-sized banks and pollution emissions from industrial enterprises	49
Does individual auditor quality contribute to firm value? Evidence from the market valuation on corporate cash holdings	49
Financial dynamics, green transition and hydrogen economy in Europe	49
WITHDRAWN: Bond market reform and investors' risk awareness: Evidence from the issuing pricing of corporate bonds in China	49
Corporate loan duration, macroeconomic environments, and COVID-19	49
Network externalities, strategic delegation and optimal trade policy	48
Why risk attitude differs between macro and micro level? A decoherence perspective	48
Impacts of digital-technology adoption on workers: A simple model and evidence from China	47

Impact of the digital entrepreneurial ecosystem on startup performance: An empirical study from China	47
Dynamic asymmetric tail dependence structure among multi-asset classes for portfolio management: Dynamic skew-47
Using boosting algorithms to predict bank failure: An untold story	46
Asymmetric effect of trading volume on realized volatility	46
Digital transformation and rural labour force occupational mobility	46
ESG performance and corporate innovation under the moderating effect of firm size	46
Research on the impact of land rights certification on farmers’ operating behavior	46
Forecasting stock market realized volatility: The role of investor attention to the price of petroleum products	45
Board internationalization, market competition, and corporate digital transformation	44
Risk connectedness between international oil and stock markets during the COVID-19 pandemic and the Russia-Ukraine conflict: Fresh evidence from the higher-order moments	44
Industrial linkage and clustered regional business cycles in China	43
Can digital transformation of enterprise improve the information environment of the capital market? ——Evidence from Analyst's perspective	43
Public service equalization, digital financial inclusion and the rural revitalization: Evidence from Chinese 283 prefecture-level cities	43
Time and frequency dynamic connectedness between cryptocurrencies and financial assets in China	43
Bond market spillover networks of ASEAN-4 markets: Is the global pandemic different?	43
Mortgage loan and housing market	42
Assessing the impact of rural E-commerce on regional poverty alleviation: A spatial spillover analysis	42
Decoding the nexus: How fintech and AI stocks drive the future of sustainable finance	42
The impact of local government debt on entrepreneurship: Evidence from a quasi-natural experiment of local debt governance reform	42
Bitcoin trading, economic growth, energy use, and CO2 emissions: An advanced panel study of emerging market economies	41
Dynamic connectedness of major financial markets in China and America	41
The effect of political and bureaucratic regime changes on Australia's real interest rate	40
Overseas operations, global value chain position and technological innovation	40
Can international cooperation base for science and technology drive cooperation ability? Evidence from Xinjiang China	39
Earnings informativeness, debt financing, and managerial characteristics	39
The religious fringe of Corporate Social Responsibility	39
How do carbon markets interact with energy-intensive sectors? Evidence from price connectedness	39
Diversified firms and corporate labor policy: The role of managerial equity incentives	38
Trading activity, risk aversion, and risk neutral skewness: Evidence from SSE 50ETF option	38
Editorial Board	38
Music stocks and music tokens: Extreme connectedness and portfolio applications	38
Environmental attention in cryptocurrency markets: A catalyst for clean energy investments	37
Market volatility and skewness risks in China	37
How factor market distortions affect OFDI: An explanation based on investment propensity and productivity effects	36
Analyzing a dynamic relation between RMB exchange rate onshore and offshore during the extreme market conditions	35
Fiscal & tax incentives, ESG responsibility fulfillments, and corporate green innovation performance	35
Editorial Board	35
Corporate carbon emission governance: The mediating role of financial leverage	35
Functional or selective policy? - Research on the relationship between government intervention and enterprise innovation in China	35
Does government education expenditure boost intergenerational mobility? Evidence from China	34
A revisit of capital structure puzzle: Global evidence and analysis	34
Output gap and consumption risk on the cross-section of stock returns in Korea	34
Does globalization affect credit market controls?	33
Cryptocurrencies are not immune to coronavirus: Evidence from investor fear	33
Understanding the credit cycle and business cycle dynamics in India	32
Flight to quality and implicit guarantee: Evidence from Chinese trust products	32
Global liquidity and commodity market interactions: Macroeconomic effects on a commodity exporting emerging market	32
Causes and effects of worldwide demutualization of financial exchanges	32
The predictability of skewness risk premium on stock returns: Evidence from Chinese market	32
Diversification and bank stability: Role of political instability and climate risk	31
Composite survey sentiment as a predictor of future market returns: Evidence for German equity indices	31
The nonlinear effect of shareholder ownership structure on a firm's cash holdings: Type I and Type II agency problem perspectives in China's split-share reform	31
Implied volatility information of Chinese SSE 50 ETF options	31
The role of financial advisorʼs industry expertise in M&A quality: Evidence from goodwill impairment	30
Epidemics, local institutional quality, and corporate cash holdings	30
Do credit rating agencies listen to investors’ voices on social media? Evidence from China	29
The development of firm size distribution – Evidence from four Central European countries	29
Political background, digital finance, and risky financial asset allocation	29
Dynamic connectedness among the implied volatilities of oil prices and financial assets: New evidence of the COVID-19 pandemic	29
The impact of ESG performance on R&D investment stability: Evidence from China	29
New venture team faultlines and corporate innovation from the perspective of structuration theory	29
Does regional services development enhance manufacturing firm productivity? A manufacturing servitization perspective	28
Extreme connectedness between NFTs and US equity market: A sectoral analysis	28
Impact of green technology innovation on the quality of regional economic development	28
Bank competition and the price of credit: Evidence using Mexican loan-level data	28
The impact of digitalization on the green transformation of China's industrial sectors: The mediating role of green technology innovation and technological transformation	27
Risk spillover from international financial markets and China's macro-economy: A MIDAS-CoVaR-QR model	27
Environmental Regulation, regional finance development and enterprises' cross-regional capital flow	27
“Cooperation” or “competition”: Digital finance enables green technology innovation—a new assessment from dynamic spatial spillover perspectives	27
Competence enhancement from interactive learning: Does attending conferences affect CEO turnover?	27
The influence of government health investment on economic resilience: A perspective from health human capital	27
Does firms’ corporate social responsibility reduce crime?	26
Subscription price discounts of stock warrants and cost of potential ownership dilution	26
The balance of payments stages hypothesis: Improvements and new discoveries	26
Frequency domain causality and quantile connectedness between investor sentiment and cryptocurrency returns	26
Modeling dynamic higher-order comoments for portfolio selection based on copula approach	26
Computing resources and trade credit financing: Evidence from China	26
Social interactions in short squeeze scenarios	26
Firm commonality, bank connectedness and portfolio riskiness	26
Life-cycle planning with CEV model and time-inconsistent preferences	25

Does internal whistleblowing build more socially responsible firms？	25
Impact of innovative capacity on agri-environmental efficiency and mechanism research	25
Exploring the interconnectedness of China's new energy and stock markets: A study on volatility spillovers and dynamic correlations	25
The evolution of “Acquaintance Society” in urban China	25
Revisiting environmental Kuznets curve: The effects of foreign aid on air quality in Africa	25
Industrial investments and housing prices in China	25
The spatial spillover effects of regional integration on carbon emissions	24
Digital transactions and financial development: The moderating role of global integration across income levels	24
Volatility spillovers and hedging effectiveness between health and tourism stocks: Empirical evidence from the US	24
Can government-guided funds promote corporate technology innovation? Evidence from the new energy automobile industry	24
Easing credit for small firms amidst expansionary policy shifts: Iran 2005–2013	24
Subjective probabilities under behavioral heuristics	24
Why do U.S. uncertainties drive stock market spillovers? International evidence	24
Strategic emerging industries and innovation: Evidence from China	24
Endogenous choice of corporate social responsibility and emissions tax: What impact do green consumers have on economic welfare?	24
Do pension subsidies reduce household education expenditure inequality? Evidence from China	23
Do regulatory bank mergers improve operating performance?	23
Does foreign equity matter for pollution? Firm-level evidence from China	23
Investor sentiment spillover effect and market quality in crude oil futures	23
The realized volatility of commodity futures: Interconnectedness and determinants	23
Strategic alliances and corporate ESG performance	23
The influence of cash flow volatility on firm use of debt of different maturities or zero-debt: International evidence	23
Feeling the heat: Climate risks and the cost of sovereign borrowing	23
The governance role of corporate party organization on innovation	23
Immigration and entrepreneurship: Is there a uniform relationship across countries?	23
Chinese consumption shocks and U.S. equity returns	23
Do emerging art market segments have their own price dynamics? Evidence from the Chinese art market	22
A non-parametric synthesize measure for corporate governance: empirical evidence from Indian banks	22
Understanding growth and its policy implications for Canadian credit unions	22
Impact of budget performance management reform on local fiscal relief	22
Managerial myopia and corporate credit spreads	22
Investor sentiment, credit rating, and stock returns	22
An enquiry into the monetary policy and stock market shocks in the US	22
Information loss from perception alignment	21
Adjustments in VAT rates and business innovation: Empirical insights from China	21
Money talks: How financial constraint influence corporate environmental behavior prioritization	21
Debts and depth of recessions	21
Bank lending behavior and housing market booms: The Australian evidence	21
Green trade barriers, financial support and agricultural exports	21
Optimal bond holding dynamics with hedging against real exchange rate risks	21
Local attention to employees’ rights and firm value: Evidence from China	21
Flexibility in jobs and autonomy on saving: Mental accounting of personal pension saving decision in Chinese part-time employees	21
Climate change exposure and corporate culture: A text-based approach	21
Does unconventional monetary policy improve credit support for the industry chain? The mechanism of trade credit	21
Does informal economy undermine the effects of China’s aid on its outward foreign direct investment?	21
Promoting cooperation in collective actions: Evidence from the reserve fund for maintenance in China	21
Bank competition with technological innovation based on evolutionary games	20
Can intelligent development improve manufacturing firms' supply chain resilience?	20
Family performance following share repurchases, information asymmetry and interest alignment	20
The influence of contextual and household factors on multidimensional poverty in rural Vietnam: A multilevel regression analysis	20
Research on the risk effects of accounting information disclosure	20
Asymmetric search behavior for gasoline prices: Evidence from the Chinese gasoline market	20
Size, value and volatility	20
The changing dynamics of crypto mining and environmental impact	20
Corporate social network, ownership structure, and corporate financing constraints: Evidence from China	20
Are stablecoins better safe havens or hedges against global stock markets than other assets? Comparative analysis during the COVID-19 pandemic	20
Evaluating the synergistic effects of the digital economy and carbon emission trade exchange on enterprise high-quality development	20
The impact of economic openness on common prosperity: Insights from provincial panel data	20
Academic workstations and corporate green innovation	19
Dangerous density: Urban density and the criminalization of China	19
Stability of Executive Teams, Corporate financialization, and Cross-Border Mergers and Acquisitions	19
Systemic risk propagation in the Eurozone: A multilayer network approach	19
Does a coin have only two sides? -The inverted U-shaped relationship between corporate digital transformation and carbon information disclosure and its flip-flopping	19
Analyzing the game pricing mechanism of data assets: Theoretical evidence considering market structure and competitive characteristics	19
Enhancing corporate carbon performance through green innovation and digital transformation: Evidence from China	19
Downward pressure, investment style and performance persistence of institutional investors	19
Carbon risk and investment efficiency: A merger and acquisition perspective	19
Analysis of recycling and emission reduction models under carbon taxes and government subsidies	19
Government adoption of generative artificial intelligence and ambidextrous innovation	18
Confucian culture and corporate default risk: Assessing the governance influence of traditional culture	18
How does green finance affect carbon emission intensity? The role of green technology innovation and internet development	18
Oil price shocks and yield curve dynamics in emerging markets	18
Editorial Board	18
Do corporate carbon emissions affect risk and capital costs?	18
Do FDI inflows bring both capital and CO2 emissions? Evidence from non-parametric modelling for the G7 countries	18
Borrow to be the poor or the rich? It depends: Credit market and wealth accumulation	18
Does air pollution impede corporate innovation?	18
Liquidity and realized volatility prediction in Chinese stock market: A time-varying transitional dynamic perspective	18
Uncertainty measure: As a proxy for the degree of market imperfection	18
Risk-return relationship and structural breaks: Evidence from China carbon market	18
The impact of tax compliance on platform enterprises’ competitive advantage and the role of contract enforcement efficiency	18
How does directors' and officers' liability insurance affect green innovation? Evidence from China	18
How does business environment affect firm digital transformation: A fsQCA study based on Chinese manufacturing firms	18
Foreign investors, private information, and price discovery	18
CFOs’ facial trustworthiness and bank loan contracts	17
Tail risk connectedness between DeFi and Islamic assets and their determinants	17
Political connections and media slant	17
Chinese migrant workers’ integration into cities and land transfer amid urban–rural population mobility	17
Editorial Board	17
The existence and motivations of irrational loan herding and its impact on bank performance when considering different market periods	17
Optimal subsidies in the competition between private and state-owned enterprises	17
The compatibility between financial system and real economy	17
How does product market competition affect dividend smoothing? Evidence from China	17
Export entrepreneurship promotion: The role of regulation-induced time delays and institutions	17
Editorial Board	17