OOIR: Observatory of International Research

Papers

(The median citation count of European Financial Management is 1. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2020-10-01 to 2024-10-01.)

Article	Citations
ESG preferences, risk and return	172
Russia–Ukraine crisis: The effects on the European stock market	119
Corporate stakeholders, corporate valuation and ESG	73
Machine learning in finance: A topic modeling approach	67
Contract costs, stakeholder capitalism, and ESG	48
Seven myths of ESG	40
Competitive pressure and firm investment efficiency: Evidence from corporate employment decisions	39
A bibliometric analysis of European Financial Managementʼs first 25 years	39
Big data, artificial intelligence and machine learning: A transformative symbiosis in favour of financial technology	32
SPAC merger announcement returns and subsequent performance	25
Mergers and acquisitions research in finance and accounting: Past, present, and future	23
Institutional investor sentiment and aggregate stock returns	22
Data breaches and corporate liquidity management	20
Does sustainable investing reduce portfolio risk? A multilevel analysis	19
Machine learning methods in finance: Recent applications and prospects	18
Me, myself and I: CEO narcissism and selective hedging	17
For whom (and for when) is the firm governed? The effect of changes in corporate fiduciary duties on tax strategies and earnings management	13
Pricing art and the art of pricing: On returns and risk in art auction markets	13
Sentiment‐scaled CAPM and market mispricing	12
CSR activity in response to the Paris Agreement exit	12
PhD CEOs and firm performance	12
ESG disclosure, CEO power and incentives and corporate risk‐taking	11
Earnouts: The real value of disagreement in mergers and acquisitions	10
Stock price synchronicity, cognitive biases, and momentum	10
Do new CEOs really care about innovation?	9

Leading indicators for US house prices: New evidence and implications for EU financial risk managers	9
Twitter investor sentiment and corporate earnings announcements	9
Misconduct risks, legal enforcement and venture capital networks	8
Time‐series and cross‐sectional momentum in anomaly returns	8
Extreme risk dependence between green bonds and financial markets	7
Investment transparency and the disposition effect	7
Flotation costs of seasoned equity offerings: Does corporate social responsibility matter?	7
Married CEOs and stock price crash risk	7
ETF ownership and corporate cash holdings	6
Does corruption distance affect cross‐border acquisitions? Different tales from developed and emerging markets	6
Investor sentiment and the risk–return relation: A two‐in‐one approach	6
Whose speeches impact European markets: ECB's or the national central banks'?	6
Earnings management around founder CEO reappointments and successions in family firms	6
Corporate culture and IPOs	6
Excess corporate payouts and financial distress risk	6
The performance of socially responsible investments: A meta‐analysis	6
Time series reversal in trend‐following strategies	6
Institutional investors and corporate environmental and financial performance	5
Modelling failure rates with machine‐learning models: Evidence from a panel of UK firms	5
Forecasting high‐frequency excess stock returns via data analytics and machine learning	5
Optimal reinsurance and portfolio selection: Comparison between partial and complete information models	5
Institutional investors and corporate environmental costs: The roles of investment horizon and investor origin	5
The determinants of banks' AT1 CoCo spreads	5
National culture and green bond issuance around the world	5
The evolving relation between dividends and flexible payouts: A different evolution	5
A game of thrones—Dynamics of internal CEO succession and outcome	5
Debt structure, economic stimulus and firm investment efficiency	4
Does social capital foster sustainable investment?	4
Are cryptocurrencies homogeneous?	4
Systemic risk and centrality: The role of interactions	4
Short‐termism, shareholder payouts and investment in the EU	4
Does idiosyncratic volatility proxy for a missing risk factor? Evidence using portfolios as test assets	4
Automated investment management: Comparing the design and performance of international robo‐managers	4
Technical analysis: Novel insights on contrarian trading	4
Investing for retirement: Terminal wealth constraints or a desired wealth target?	4
Dynamic optimal restructuring policies under debt renegotiation with positive externalities	4
Law enforcement spillover effects in the financial sector	4
Structural transmissions among investor attention, stock market volatility and trading volumes	4
SME investment and financing under asymmetric information	4
Hedge inflation risk of specific purpose guarantee funds	4
Tracing environmental sustainability footprints in cross‐border M&A activity	3
Takeover duration and negotiation process	3
Trade credit in Europe: Financial constraint and substitution effect in crisis times	3
Technology spillovers, asset redeployability and corporate financial policies	3
Optimal equity valuation using multiples: The number of comparable firms	3
Unnatural selection of outside directors: Consequences of Japanese corporate governance reforms	3
CEO marital status and corporate cash holdings	3
The attack on share buybacks	3
Net asset value discounts and premiums in the maritime shipping industry	3
Sustainability, climate change and financial innovation: Future research directions	3

Can ESG activities stabilise IPO prices? Evidence from the Hong Kong stock market	3
Settling down: T+2 settlement cycle and liquidity	3
Target insiders' preferences when trading before takeover announcements: Deal completion probability, premium and deal characteristics	3
Ordeal by innocence in the big‐data era: Intended data breach disclosure, unintended real activities manipulation	3
Flexibility in share repurchases: Evidence from UK	3
The influence of incoming CEOs	3
On the (almost) stochastic dominance of cryptocurrency factor portfolios and implications for cryptocurrency asset pricing	2
Taxes	2
Orderbook demand for corporate bonds	2
Is bitcoin ESG‐compliant? A sober look	2
Persistency of window dressing practices in the U.S. repo markets after the GFC: The unexplored role of the deposit insurance premium	2
Cost‐effectiveness, fairness and adverse selection in mutual aid	2
Public governance and executive perks under a weak corporate governance environment	2
The influence of cultural tightness–looseness, religiosity, and the institutional environment on tax evasion behaviour: A cross‐country study	2
The Banking Union and evidence on bail‐ins and bailouts	2
Do fund managers time momentum? Evidence from mutual fund and hedge fund returns	2
Green SPACs	2
Discounting and the market valuation of defined benefit pensions	2
The term structure of mutual fund herding	2
Institutional investor distraction and innovation	2
	2
Menu simplification for portfolio selection under short‐sales constraints	2
News sentiment and investment efficiency: Evidence from China	2
Unconventional monetary policy and international equity capital flows to emerging markets	2
Credit variance risk premiums	2
Crisis risk and risk management	2
Geopolitical risk and global green bond market growth	2
Zero leverage puzzle: Do labour laws matter?	2
Symmetric ignorance: The cost of anonymous lemons	2
Are covered bonds different from securitization bonds? A comparative analysis of credit spreads	2
The wealth effects of takeover bids regulation in the European Union	2
The evolution of financial constraints	2
Dividend commitment in firm bylaws and capital structure change	2
Lead independent director and earnings management	2
Influence of endogenous reference points on the selling decisions of retail investors	2
Economic uncertainty: Mispricing and ambiguity premium	2
IQ and corporate insiders’ decisions to time insider and outsider trading	1
Are financial derivatives related to intra‐entities' tax aggressiveness? UK evidence	1
Interbank contagion risk in China under an ABM approach for network formation	1
De‐branching, too‐much‐branching, and cost of debt of SMEs in Slovakia	1
	1
Further evidence on calendar anomalies	1
Gender, workplace preferences and firm performance: Looking through the glass door	1
Impact of MiFID II tick‐size regime on equity markets—Evidence from the LSE	1
Social networks and managerial rent‐seeking: Evidence from executive trading profitability	1
Insider trading in multinational firms	1
CEOs' general managerial skills and corporate risk taking subject to the moderator of CEO tenure	1
Environmental tax incentives and corporate environmental behaviour: An unintended consequence from a natural experiment in China	1
Firm ESG reputation risk and debt choice	1
Issue Information: European Financial Management 1/2022	1
Is money really left on the table? The role of regular investors in IPO pricing	1
Gender inequality, institutional quality and economic outcomes in the European Union	1
Value premium and macroeconomic variables	1
Financial uncertainty and stock market volatility	1
Buy the dip?	1
Unravelling the JPMorgan spoofing case using particle physics visualization methods	1
	1
Company name fluency and acquisition target analysis	1
Labor unemployment risk and firm risk	1
Institutional shareholder services' proxy voting guidelines and ROE management	1
US macroeconomic surprises and the emerging‐market sovereign CDS market	1
Has European corporatism delivered? A survey with preliminary evidence	1
Mandatory ESG disclosure, information asymmetry, and litigation risk: Evidence from initial public offerings	1
When does CSR payoff?	1
Fama–French factor timing: The long‐only integrated approach	1
Does ESG reputational risk affect the efficiency and speed of adjustment of corporate investment?	1
How valuable is FinTech adoption for traditional banks?	1
Research unbundling and market liquidity: Evidence from MiFID II	1