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 2020-03-01 to 2024-03-01.)

Article	Citations
ESG preferences, risk and return	123
Russia–Ukraine crisis: The effects on the European stock market	83
Corporate stakeholders, corporate valuation and ESG	51
Machine learning in finance: A topic modeling approach	44
Contract costs, stakeholder capitalism, and ESG	38
A bibliometric analysis of European Financial Managementʼs first 25 years	32
Competitive pressure and firm investment efficiency: Evidence from corporate employment decisions	27
Seven myths of ESG	26
Institutional investor sentiment and aggregate stock returns	20
Data breaches and corporate liquidity management	15
SPAC merger announcement returns and subsequent performance	15
Does sustainable investing reduce portfolio risk? A multilevel analysis	15
Financial constraints and the growth and survival of innovative start‐ups: An analysis of Italian firms	14
Mergers and acquisitions research in finance and accounting: Past, present, and future	14
Me, myself and I: CEO narcissism and selective hedging	13
Regulatory stress testing and bank performance	12
Big data, artificial intelligence and machine learning: A transformative symbiosis in favour of financial technology	11
PhD CEOs and firm performance	11
Sentiment‐scaled CAPM and market mispricing	10
Insider trading in rumored takeover targets	9
Leading indicators for US house prices: New evidence and implications for EU financial risk managers	9
Disentangling types of liquidity and testing limits‐to‐arbitrage theories in the CDS–bond basis	8
Pricing art and the art of pricing: On returns and risk in art auction markets	8
For whom (and for when) is the firm governed? The effect of changes in corporate fiduciary duties on tax strategies and earnings management	8
Neglected Risk in Financial Innovation: Evidence from Structured Product Counterparty Exposure	7

Twitter investor sentiment and corporate earnings announcements	7
Misconduct risks, legal enforcement and venture capital networks	7
Earnouts: The real value of disagreement in mergers and acquisitions	7
Stock price synchronicity, cognitive biases, and momentum	7
Time series reversal in trend‐following strategies	6
CSR activity in response to the Paris Agreement exit	6
Betas versus characteristics: A practical perspective	6
Earnings management around founder CEO reappointments and successions in family firms	5
Time‐series and cross‐sectional momentum in anomaly returns	5
Portfolio optimization in the catastrophe space	5
The evolving relation between dividends and flexible payouts: A different evolution	5
The determinants of banks' AT1 CoCo spreads	5
Economies or diseconomies of scope in the EU banking industry?	5
Married CEOs and stock price crash risk	5
Do firms lease to hedge? CEO risk‐taking and operating lease intensity	5
Shedding light on a dark matter: Jump diffusion and option‐implied investor preferences	4
Technical analysis: Novel insights on contrarian trading	4
Flotation costs of seasoned equity offerings: Does corporate social responsibility matter?	4
Hedge inflation risk of specific purpose guarantee funds	4
Investment transparency and the disposition effect	4
Automated investment management: Comparing the design and performance of international robo‐managers	4
How to build a factor portfolio: Does the allocation strategy matter?	4
Forecasting high‐frequency excess stock returns via data analytics and machine learning	4
Excess corporate payouts and financial distress risk	4
Structural transmissions among investor attention, stock market volatility and trading volumes	4
A game of thrones—Dynamics of internal CEO succession and outcome	4
Systemic risk and centrality: The role of interactions	4
Takeover duration and negotiation process	3
Do foreign stocks substitute for international diversification?	3
Institutional investors and corporate environmental and financial performance	3
Optimal reinsurance and portfolio selection: Comparison between partial and complete information models	3
Does corruption distance affect cross‐border acquisitions? Different tales from developed and emerging markets	3
Investor sentiment and the risk–return relation: A two‐in‐one approach	3
Investing for retirement: Terminal wealth constraints or a desired wealth target?	3
Dynamic optimal restructuring policies under debt renegotiation with positive externalities	3
Whose speeches impact European markets: ECB's or the national central banks'?	3
Does idiosyncratic volatility proxy for a missing risk factor? Evidence using portfolios as test assets	3
Net asset value discounts and premiums in the maritime shipping industry	3
Machine learning methods in finance: Recent applications and prospects	3
Flexibility in share repurchases: Evidence from UK	3
Banks' noninterest income and securities holdings in a low interest rate environment: The case of Italy	3
National culture and green bond issuance around the world	3
ETF ownership and corporate cash holdings	3
Are cryptocurrencies homogeneous?	3
SME investment and financing under asymmetric information	3
Modelling failure rates with machine‐learning models: Evidence from a panel of UK firms	3
Trade credit in Europe: Financial constraint and substitution effect in crisis times	2
Do bond yields follow the hierarchy of risk post BRRD?	2
Law enforcement spillover effects in the financial sector	2
Ordeal by innocence in the big‐data era: Intended data breach disclosure, unintended real activities manipulation	2

Corporate culture and IPOs	2
Dividend commitment in firm bylaws and capital structure change	2
CEO influence on the board of directors: Evidence from corporate spinoffs	2
Firm vertical boundaries, internal capital markets, and firm performance	2
The attack on share buybacks	2
Economic uncertainty: Mispricing and ambiguity premium	2
Discounting and the market valuation of defined benefit pensions	2
Does social capital foster sustainable investment?	2
The wealth effects of takeover bids regulation in the European Union	2
Fama–French factor timing: The long‐only integrated approach	2
The performance of socially responsible investments: A meta‐analysis	2
Menu simplification for portfolio selection under short‐sales constraints	2
Short‐termism, shareholder payouts and investment in the EU	2
The evolution of financial constraints	2
Is faster or slower trading better? An examination of order type execution speed and costs	2
Using accounting‐based and loan‐related information to estimate the cure probability of a defaulted company	2
Taxes	2
Credit variance risk premiums	2
Institutional investors and corporate environmental costs: The roles of investment horizon and investor origin	2
Institutional investor distraction and innovation	2
Do new CEOs really care about innovation?	2
Cost‐effectiveness, fairness and adverse selection in mutual aid	2
Technology spillovers, asset redeployability and corporate financial policies	2
Tracing environmental sustainability footprints in cross‐border M&A activity	2
The influence of incoming CEOs	2
Hiring retirement‐age CEOs	2
ESG disclosure, CEO power and incentives and corporate risk‐taking	2
Symmetric ignorance: The cost of anonymous lemons	2
Impact of MiFID II tick‐size regime on equity markets—Evidence from the LSE	1
Persistency of window dressing practices in the U.S. repo markets after the GFC: The unexplored role of the deposit insurance premium	1
Extreme risk dependence between green bonds and financial markets	1
How valuable is FinTech adoption for traditional banks?	1
Company name fluency and acquisition target analysis	1
IQ and corporate insiders’ decisions to time insider and outsider trading	1
On the (almost) stochastic dominance of cryptocurrency factor portfolios and implications for cryptocurrency asset pricing	1
Environmental tax incentives and corporate environmental behaviour: An unintended consequence from a natural experiment in China	1
CEO marital status and corporate cash holdings	1
Unnatural selection of outside directors: Consequences of Japanese corporate governance reforms	1
Has European corporatism delivered? A survey with preliminary evidence	1
Green SPACs	1
Value premium and macroeconomic variables	1
Target insiders' preferences when trading before takeover announcements: Deal completion probability, premium and deal characteristics	1
The term structure of mutual fund herding	1
Buy the dip?	1
Public governance and executive perks under a weak corporate governance environment	1
	1
Unconventional monetary policy and international equity capital flows to emerging markets	1
The Banking Union and evidence on bail‐ins and bailouts	1
De‐branching, too‐much‐branching, and cost of debt of SMEs in Slovakia	1
Labor unemployment risk and firm risk	1
Do fund managers time momentum? Evidence from mutual fund and hedge fund returns	1
Issue Information: European Financial Management 1/2022	1
Debt structure, economic stimulus and firm investment efficiency	1
Further evidence on calendar anomalies	1
Is bitcoin ESG‐compliant? A sober look	1
Are covered bonds different from securitization bonds? A comparative analysis of credit spreads	1
Does ESG reputational risk affect the efficiency and speed of adjustment of corporate investment?	1
	1
Unravelling the JPMorgan spoofing case using particle physics visualization methods	1
The influence of cultural tightness–looseness, religiosity, and the institutional environment on tax evasion behaviour: A cross‐country study	1
Settling down: T+2 settlement cycle and liquidity	1
Crisis risk and risk management	1
Institutional shareholder services' proxy voting guidelines and ROE management	1
Are financial derivatives related to intra‐entities' tax aggressiveness? UK evidence	1
Is money really left on the table? The role of regular investors in IPO pricing	1
US macroeconomic surprises and the emerging‐market sovereign CDS market	1
Market discipline on bank bond issues through the lens of a new forward‐looking measure of loan quality	1
Zero leverage puzzle: Do labour laws matter?	1