International Review of Economics & Finance

Article	Citations
Who is financing corporate green innovation?	235
Does fintech innovation improve bank efficiency? Evidence from China’s banking industry	220
The impact of clean energy consumption on economic growth in China: Is environmental regulation a curse or a blessing?	172
Pandemic-related financial market volatility spillovers: Evidence from the Chinese COVID-19 epicentre	161
Does digital finance promote manufacturing servitization: Micro evidence from China	153
Does enterprise digital transformation contribute to the carbon emission reduction? Micro-level evidence from China	139
Event study on the reaction of the developed and emerging stock markets to the 2019-nCoV outbreak	139
COVID-19 pandemic and firm performance: Cross-country evidence	137
Human Capital efficiency and equity funds’ performance during the COVID-19 pandemic	135
Financial inclusion and economic growth: The role of governance in selected MENA countries	130
The effect of digital transformation on real economy enterprises’ total factor productivity	108
Economic policy uncertainty and firm innovation: Evidence from a risk-taking perspective	102
The realized volatility of commodity futures: Interconnectedness and determinants	98
Predictive role of online investor sentiment for cryptocurrency market: Evidence from happiness and fears	90
A bibliometric review of sukuk literature	89
Infectious disease-related uncertainty and the safe-haven characteristic of US treasury securities	86
Multilayer information spillover networks analysis of China’s financial institutions based on variance decompositions	81
Financial development and entrepreneurship	80
Oil price uncertainty and enterprise total factor productivity: Evidence from China	74
Dynamic connectedness among the implied volatilities of oil prices and financial assets: New evidence of the COVID-19 pandemic	73
What are bitcoin market reactions to its-related events?	72
A study on the motivation of financialization in emerging markets: The case of Chinese nonfinancial corporations	70
Corporate ESG performance and trade credit financing – Evidence from China	69
Effect of ESG performance on the cost of equity capital: Evidence from China	68
Environmental regulation and corporate R&D investment—evidence from a quasi-natural experiment	68

How does corporate ESG performance affect bond credit spreads: Empirical evidence from China	68
Digital financial capability and entrepreneurial performance	67
The resilience of Islamic equity funds during COVID-19: Evidence from risk adjusted performance, investment styles and volatility timing	66
Loan loss provisioning of US banks: Economic policy uncertainty and discretionary behavior	65
How do independent directors view corporate social responsibility (CSR) during a stressful time? Evidence from the financial crisis	60
Environmental information disclosure and firms’ green innovation: Evidence from China	59
Feeling the heat: Climate risks and the cost of sovereign borrowing	59
Time-varying interactions between geopolitical risks and renewable energy consumption	59
The impact of COVID-19 on the efficiency of microfinance institutions	58
Connectedness between cryptocurrency and technology sectors: International evidence	58
The effects of uncertainty measures on commodity prices from a time-varying perspective	56
Vertical fiscal imbalance, transfer payments, and fiscal sustainability of local governments in China	55
Cryptocurrency price volatility and investor attention	55
Effect of oil price uncertainty on clean energy metal stocks in China: Evidence from a nonparametric causality-in-quantiles approach	54
New technical indicators and stock returns predictability	53
Understanding cryptocurrency volatility: The role of oil market shocks	53
Corporate financial asset holdings under economic policy uncertainty: Precautionary saving or speculating?	52
The impact of information communication technology on energy demand: Some international evidence	52
Time-varying geopolitical risk and oil prices	52
Extreme directional spillovers between investor attention and green bond markets	52
Blockchain: A carbon-neutral facilitator or an environmental destroyer?	52
FDI productivity spillovers and absorptive capacity in Brazilian firms: A threshold regression analysis	51
Comparing search-engine and social-media attentions in finance research: Evidence from cryptocurrencies	51
Dynamic risk spillover among crude oil, economic policy uncertainty and Chinese financial sectors	50
Does Bitcoin or gold react to financial stress alike? Evidence from the U.S. and China	50
Can bank credit withstand falling house price in China?	50
Economic policy uncertainty, financial development, and financial constraints: Evidence from China	50
Time and frequency dynamic connectedness between cryptocurrencies and financial assets in China	49
Black swan events and COVID-19 outbreak: Sector level evidence from the US, UK, and European stock markets	49
Does air pollution impede corporate innovation?	49
Impact of industrial agglomeration on new-type urbanization: Evidence from Pearl River Delta urban agglomeration of China	48
Geopolitical risks and historical exchange rate volatility of the BRICS	48
How factor market distortions affect OFDI: An explanation based on investment propensity and productivity effects	48
Monetary policy uncertainty and stock returns in G7 and BRICS countries: A quantile-on-quantile approach	47
Does financial literacy alleviate risk attitude and risk behavior inconsistency?	46
Climate risk disclosure and stock price crash risk: The case of China	45
Urban administrative hierarchy and urban land use efficiency: Evidence from Chinese cities	45
Stock market contagion during the COVID-19 pandemic in emerging economies	45
Geopolitical risk and oil price volatility: Evidence from Markov-switching model	45
Information spillover effects from media coverage to the crude oil, gold, and Bitcoin markets during the COVID-19 pandemic: Evidence from the time and frequency domains	44
Volatility spillovers between fine wine and major global markets during COVID-19: A portfolio hedging strategy for investors	43
Time-frequency spillovers and connectedness between precious metals, oil futures and financial markets: Hedge and safe haven implications	43
The impact of internet on entrepreneurship	43
Fiscal policy choices of local governments in China: Land finance or local government debt?	42
The influence of green innovation on default risk: Evidence from Europe	42
Does volatility connectedness across major cryptocurrencies behave the same at different frequencies? A portfolio risk analysis	42
Does climate policy uncertainty affect Chinese stock market volatility?	42
Do green financial markets offset the risk of cryptocurrencies and carbon markets?	42
Effect of economic policy uncertainty on stock market return and volatility under heterogeneous market characteristics	41
The nexus between toxic-air pollution, health expenditure, and economic growth: An empirical study using ARDL	40

Return and volatility connectedness across global ESG stock indexes: Evidence from the time-frequency domain analysis	40
Innovation decisions through firm life cycle: A new evidence from emerging markets	40
Does stock market liberalization reduce stock price synchronicity? —Evidence from the Shanghai-Hong Kong Stock Connect	39
Do oil prices and economic policy uncertainty matter for precious metal returns? New insights from a TVP-VAR framework	38
Can green finance development abate carbon emissions: Evidence from China	38
Digital transformation, environmental disclosure, and environmental performance: An examination based on listed companies in heavy-pollution industries in China	37
Has the Belt and Road Initiative improved the quality of economic growth in China's cities?	37
Will the China's carbon emissions market increase the risk-taking of its enterprises?	37
Land finance, land attracting investment and housing price fluctuations in China	37
Spillovers between green and dirty cryptocurrencies and socially responsible investments around the war in Ukraine	36
Complex causalities between the carbon market and the stock markets for energy intensive industries in China	36
Imitative innovation and financial distress risk: The moderating role of executive foreign experience	35
ESG scores and the response of the S&P 1500 to monetary and fiscal policy during the Covid-19 pandemic	35
Oil market shocks and financial instability in Asian countries	35
Digital finance, environmental regulation and emission reduction in manufacturing industry: New evidence incorporating dynamic spatial-temporal correlation and competition	35
Regime-switching energy price volatility: The role of economic policy uncertainty	34
Intellectual property rights protection and export product quality: Evidence from China	34
Does financial structure promote energy conservation and emission reduction? Evidence from China	33
Does corporate engagement in social responsibility affect firm innovation? The mediating role of digital transformation	33
The role of US implied volatility index in forecasting Chinese stock market volatility: Evidence from HAR models	33
Determinants of defaults on P2P lending platforms in China	32
Environmental law enforcement as external monitoring: Evidence from the impact of an environmental inspection program on firm-level stock price crash risk	32
Employee-related corporate social responsibilities and corporate innovation: Evidence from China	32
Islamic Stock indices and COVID-19 pandemic	32
Environmental regulations and capital investment: Does green innovation allow to grow?	32
How does economic policy uncertainty affect corporate diversification?	32
Investor sentiment and predictability for volatility on energy futures Markets: Evidence from China	32
Non-fungible tokens (NFTs): A bibliometric and systematic review, current streams, developments, and directions for future research	31
Role of energy finance in geothermal power development in Japan	31
Sustainable factor investing: Where doing well meets doing good	31
Financial literacy and fraud detection——Evidence from China	30
Do online media and investor attention affect corporate environmental information disclosure？Evidence from Chinese listed companies	30
Good for the firm, good for the society? Causal evidence of the impact of equity incentives on a firm's green investment	30
The impact of green energy infrastructure on firm productivity: Evidence from the Three Gorges Project in China	30
Impact investment for sustainable development: A bibliometric analysis	30
Industrial agglomeration, urban characteristics, and economic growth quality: The case of knowledge-intensive business services	29
Why do U.S. uncertainties drive stock market spillovers? International evidence	29
Stringent environmental regulation and capital structure: The effect of NEPL on deleveraging the high polluting firms	29
Macroeconomic policies and the pandemic-driven recession	29
Assessing the impacts of financial stress index of developed countries on the exchange market pressure index of emerging countries	29
Interconnectivity and investment strategies among commodity prices, cryptocurrencies, and G-20 capital markets: A comparative analysis during COVID-19 and Russian-Ukraine war	29
Managerial ability, product market competition, and firm behavior	28
Uncertainty and exchange rate volatility: Evidence from Mexico	28
Non-linear nexus between economic policy uncertainty and bank lending	28
Analyzing the factors influencing the demand and supply of solar modules in Japan – Does financing matter	27
How does environmentally induced R&D affect carbon productivity? A government support perspective	27
Does local corruption affect IPO underpricing? Evidence from China	27
Confucius Institute, Belt and Road Initiative, and Internationalization	27
Board network, investment efficiency, and the mediating role of CSR: Evidence from China	26
Firm age, ultimate ownership, and R&D investments	26
Oil price uncertainty, corporate governance and firm performance	26
Does bank competition inhibit the formation of zombie firms?	25
Network connectedness dynamics of the yield curve of G7 countries	25
Earnings management at target firms and the acquirers’ performance	25
Can financial inclusion affect energy poverty in China? Evidence from a spatial econometric analysis	25
ESG scores and firm performance- evidence from emerging market	25
Foundations and research clusters in investor attention: Evidence from bibliometric and topic modelling analysis	25
Firm-level financialization: Contributing factors, sources, and economic consequences	25
Online search attention, firms’ ESG and operating performance	25
Do female directors enhance R&D performance?	24
The impact of digital transformation on enterprise green innovation	24
Can the E-commercialization improve residents’ income? --Evidence from “Taobao Counties” in China	24
Does environmental regulation affect labor investment Efficiency?Evidence from a quasi-natural experiment in China	24
How does digital finance drive the green economic growth? New discoveries of spatial threshold effect and attenuation possibility boundary	24
Housing sector and economic policy uncertainty: A GMM panel VAR approach	24
Empirical evidence of fintech and green environment: Using the green finance as a mediating variable	24
Foreign ownership and earnings management	24
Is national governance quality a key moderator of the boardroom gender diversity–firm performance relationship? International evidence from a multi-hierarchical analysis	24
Green finance and green innovation: Theoretical analysis based on game theory and empirical evidence from China	23
How does South-South FDI affect host economies? Evidence from China-Africa in 2003–2018	23
Risk-return relationship and structural breaks: Evidence from China carbon market	23
Measuring risk spillovers from multiple developed stock markets to China: A vine-copula-GARCH-MIDAS model	23
Gold, inflation and exchange rate in dollarized economies – A comparative study of Turkey, Peru and the United States	23
Corporate investment and government policy during the COVID-19 crisis	22
Do higher-order realized moments matter for cryptocurrency returns?	22
Green finance and environmental, social, and governance performance	22
Nonlinearity in stock returns: Do risk aversion, investor sentiment and, monetary policy shocks matter?	22
Does social trust restrain excess perk consumption? Evidence from China	21
On the predictive power of tweet sentiments and attention on bitcoin	21
Dynamic connectedness of major financial markets in China and America	21

Tail dependence and risk spillover effects between China's carbon market and energy markets	21
How China's high-speed rail promote local economy: New evidence from county-level panel data	21
Blockchain market and eco-friendly financial assets: Dynamic price correlation, connectedness and spillovers with portfolio implications	21
CEO financial career and corporate innovation: Evidence from China	21
Risk spillovers in global financial markets: Evidence from the COVID-19 crisis	21
Trade facilitation and firms exports: Evidence from customs data	21
Do venture capital firms promote corporate social responsibility?	21
Institutional investors’ corporate site visits and dividend payouts	21
Foreign ownership and productivity	21
Commodity futures returns and policy uncertainty	21
The topics of Islamic economics and finance research	20
Stock dividend and analyst optimistic bias in earnings forecast	20
Cryptocurrencies versus environmentally sustainable assets: Does a perfect hedge exist?	20
Heterogeneous dependence among cryptocurrency, green bonds, and sustainable equity: New insights from Granger-causality in quantiles analysis	20
Hedging precious metals with impact investing	19
Internal risk governance and external capital regulation affecting bank risk-taking and performance: Evidence from P.R. China	19
COVID-19 and stock market performance: Evidence from the RCEP countries	19
The determinants of R&D smoothing with asset sales: Evidence from R&D-intensive firms in China	19
Digital finance and labor demand of manufacturing enterprises: Theoretical mechanism and heterogeneity analysis	19
Measuring Chinese climate uncertainty	19
Interconnectedness between healthcare tokens and healthcare stocks: Evidence from a quantile VAR approach	19
Does asset redeployability affect corporate investment and equity value?	19
Canadian stock market volatility under COVID-19	18
Organization capital and analysts’ forecasts	18
Controlling shareholder expropriation and labor investment efficiency	18
Research on the impact of enterprise digital transformation on carbon emissions in the manufacturing industry	17
Cross-border mergers and acquisitions, regional cultural diversity and acquirers’ corporate social responsibility: Evidence from China listed companies	17
Dynamic lead–lag relationship between Chinese carbon emission trading and stock markets under exogenous shocks	17
Estimating U.S. housing price network connectedness: Evidence from dynamic Elastic Net, Lasso, and ridge vector autoregressive models	17
Investor sentiment and the Chinese new energy stock market: A risk–return perspective	17
Forecasting Pakistan stock market volatility: Evidence from economic variables and the uncertainty index	17
Financial sector development and growth volatility: An international study	17
Evolution of digital economy research: A bibliometric analysis	17
The effects of investor attention and policy uncertainties on cross-border country exchange-traded fund returns	17
Information dissemination across global markets during the spread of COVID-19 pandemic	17
Does the Belt and Road Initiative cause more troubled Chinese overseas investments?	17
Low-carbon city pilot policy and corporate environmental performance: Evidence from a quasi-natural experiment	17
Corporate governance and earnings management: Evidence from Vietnamese listed firms	16
Return and volatility spillovers among global assets: Comparing health crisis with geopolitical crisis	16
Dynamic interactions between financial cycles, business cycles and macroeconomic imbalances: A panel VAR analysis	16
Cash holdings and profitability of banks in developed and emerging markets	16
Digital finance and stock price crash risk	16
Dependency of Islamic bank rates on conventional rates in a dual banking system: A trade-off between religious and economic fundamentals	16
Can green finance improve the financial performance of green enterprises in China?	16
Twenty-nine years of the Journal of International Review of Economics and Finance: A scientometric overview (1992–2020)	16
Relationship between the financial and the real economy: A bibliometric analysis	16
The liquidity impact of Chinese green bonds spreads	16
FDI inflows and income inequality: A Schumpeterian economic growth	16
Son preference, intrahousehold discrimination, and the gender gap in education in China	16
CEO inside debt holdings and CSR activities	15
Asymmetric impacts of individual investor sentiment on the time-varying risk-return relation in stock market	15
Institutions, regulations and initial coin offerings: An international perspective	15
Good oil volatility, bad oil volatility, and stock return predictability	15
Repercussions of the Russia–Ukraine war	15
OFDI and firms' sustainable productive capacity: Evidence from Chinese industrial firms	15
Political connection and M&A performance: Evidence from China	15
Credit ratings of Chinese households using factor scores and K-means clustering method	15
Revenge consumption, product quality, and welfare	15
The effect of environmental regulation and skill premium on the inflow of FDI:Evidence from Chinese industrial sectors	15
The governance role of corporate party organization on innovation	15
Investor sentiment based on scaled PCA method: A powerful predictor of realized volatility in the Chinese stock market	15
Monetary policy uncertainty, debt financing cost and real economic activities: Evidence from China	14
Capital market access and innovation efficiency: A natural experiment from China’s pilot VAT reform in 2012	14
US trade policy uncertainty on Chinese agricultural imports and exports: An aggregate and product-level analysis	14
Effectiveness of macroprudential policies: Do stringent bank regulation and supervision matter?	14
Using boosting algorithms to predict bank failure: An untold story	14
Do credit conditions matter for the impact of oil price shocks on stock returns? Evidence from a structural threshold VAR model	14
Optimal subsidies in the competition between private and state-owned enterprises	14
Financial literacy as a determinant of market participation: New evidence from China using IV-GMM	14
Volatility spillovers and hedging effectiveness between health and tourism stocks: Empirical evidence from the US	14
What threatens stock markets more - The coronavirus or the hype around it?	14
How does news flow affect cross-market volatility spillovers? Evidence from China’s stock index futures and spot markets	14
Impacts of social trust on corporate leverage: Evidence from China	14
Factors behind the performance of green bond markets	14
How does boardroom diversity influence the relationship between ESG and firm financial performance?	14
Does air quality affect firms’ investment efficiency? Evidence from China	14
The dynamics and determinants of liquidity connectedness across financial asset markets	13
Institutional distance and China's horizontal outward foreign direct investment	13
The impacts of oil price volatility on financial stress: Is the COVID-19 period different?	13
Research on the impact of digital transformation on the production efficiency of manufacturing enterprises: Institution-based analysis of the threshold effect	13
Equity-commodity contagion during four recent crises: Evidence from the USA, Europe and the BRICS	13
The disciplinary role of product market competition on cash holding	13
The behavior of exchange rate and stock returns in high and low interest rate environments	13
Economic policy uncertainty and acquisition performance: Australian evidence	13
High-speed railway, market access and economic growth	13
China’s interest rate pass-through after the interest rate liberalization: Evidence from a nonlinear autoregressive distributed lag model	13
Can machine learning paradigm improve attribute noise problem in credit risk classification?	13
Internal control reporting and cost of bond financing: Evidence from China	13
Monetary policy and corporate investment: A panel-data analysis of transmission mechanisms in contexts of high uncertainty	13
On bank return and volatility spillovers: Identifying transmitters and receivers during crisis periods	13
Does CEO's early life experience affect corporate bond yield spread? Evidence from China's great famine	13
Does passive investment have a positive governance effect? Evidence from index funds ownership and corporate innovation	13
Margin trading and stock idiosyncratic volatility: Evidence from the Chinese stock market	13
Concentration, competition and financial stability in the South-East Europe banking context	13
Scale of cities and social trust: Evidence from China	13