Emerging Markets Finance and Trade

Article	Citations
The Impact of the COVID-19 Pandemic on Firm Performance	446
Country Responses and the Reaction of the Stock Market to COVID-19—a Preliminary Exposition	440
COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market	381
Implications of COVID-19 Pandemic on the Global Trade Networks	305
Fear Sentiment, Uncertainty, and Bitcoin Price Dynamics: The Case of COVID-19	208
The Disease Outbreak Channel of Exchange Rate Return Predictability: Evidence from COVID-19	173
Constructing a Global Fear Index for the COVID-19 Pandemic	169
Flatten the Curve and Stock Market Liquidity – An Inquiry into Emerging Economies	150
Does the Indian Financial Market Nosedive because of the COVID-19 Outbreak, in Comparison to after Demonetisation and the GST?	148
How Do Firms Respond to COVID-19? First Evidence from Suzhou, China	146
Which Firm-specific Characteristics Affect the Market Reaction of Chinese Listed Companies to the COVID-19 Pandemic?	139
COVID-19 Pandemic and Firm-level Cash Holding—Moderating Effect of Goodwill and Goodwill Impairment	105
Household Financial Decision Making Amidst the COVID-19 Pandemic	102
Pandemic, Mobile Payment, and Household Consumption: Micro-Evidence from China	96
Accounting Index of COVID-19 Impact on Chinese Industries: A Case Study Using Big Data Portrait Analysis	94
Corporate Social Responsibility and High-quality Development: Do Green Innovation, Environmental Investment and Corporate Governance Matter?	87
COVID-19 and Air Quality: Evidence from China	84
Local Bank, Digital Financial Inclusion and SME Financing Constraints: Empirical Evidence from China	83
How Does COVID-19 Affect China’s Insurance Market?	81
Effects of Digital Finance on Green Innovation considering Information Asymmetry: An Empirical Study Based on Chinese Listed Firms	78
Research on Pandemics Special Issue of the JournalEmerging Markets Finance and Trade	78
The Response of the Stock Market to the Announcement of Global Pandemic	77
Government Fighting Pandemic, Stock Market Return, and COVID-19 Virus Outbreak	75
Can Central Bank Mitigate the Effects of the COVID-19 Pandemic on the Macroeconomy?	71
Is the Chinese Economy Well Positioned to Fight the COVID-19 Pandemic? the Financial Cycle Perspective	66

Re-examining Bitcoin Volatility: A CAViaR-based Approach	61
The Response of the Labor Force Participation Rate to an Epidemic: Evidence from a Cross-Country Analysis	59
Herding Behavior in Chinese Stock Markets during COVID-19	55
Are Cryptos Safe-Haven Assets during Covid-19? Evidence from Wavelet Coherence Analysis	51
Missing Data Preprocessing in Credit Classification: One-Hot Encoding or Imputation?	49
Part A: Special Section on COVID-19 Research	47
Does a Government Response to COVID-19 Hurt the Stock Price of an Energy Enterprise?	46
COVID-19 Shock and Global Value Chains: Is There a Substitute for China?	42
Who has done a better job in fighting the COVID-19 epidemic? Left or Right?	42
Financial Market Risks during the COVID-19 Pandemic	38
COVID-19 Pandemic and Household Liquidity Constraints: Evidence from Micro Data	37
Stock Market Volatility Spillovers in G7 and BRIC	36
Investment Lag, Financially Constraints and Company Value—Evidence from China	34
Political Connections, Industry Entry Choice and Performance Volatility: Evidence from China	33
Does Lockdown Bring Shutdown? Impact of the COVID-19 Pandemic on Foreign Direct Investment	32
Does It Pay to Be Responsible? The Performance of ESG Investing in China	32
The Impact of Urbanization on CO2 Emissions in China: The Key Role of Foreign Direct Investment	30
Digital Technology and Corporate Social Responsibility: Evidence from China	30
Nexus between Green Finance and Renewable Energy Development in China	28
Oil Price and Exchange Rate Behaviour of the BRICS	28
Does Economic Policy Uncertainty Affect Green Bond Markets? Evidence from Wavelet-Based Quantile Analysis	27
Will Gold Always Shine amid World Uncertainty?	25
Impact of COVID-19 on Financial Constraints and the Moderating Effect of Financial Technology	25
Media Attention, Environmental Information Disclosure and Corporate Green Technology Innovations in China’s Heavily Polluting Industries	24
Exogenous Shocks on the Dual-country Industrial Network: A Simulation Based on the Policies during the COVID-19 Pandemic	24
The Relationship between Trade Liberalization and Environmental Pollution across Enterprises with Different Levels of Viability in China	23
Does Entrepreneur Invest More in Environmental Protection When Joining the Communist Party? Evidence from Chinese Private Firms	23
Implications of COVID-19 Pandemic on China’s Exports	21
Firm Sustainable Growth during the COVID-19 Pandemic: The Role of Customer Concentration	21
Digital Transformation and Within-Firm Pay Gap: Evidence from China	21
Effects of Country and Geopolitical Risks on Income Inequality: Evidence from Emerging Economies	20
Flights-to-quality from EM Bonds to safe-haven US Treasury Securities: A time-frequency Analysis	20
The Dynamic Correlation between China’s Policy Uncertainty and the Crude Oil Market: A Time-varying Analysis	19
How COVID-induced Uncertainty Influences Chinese Firms’ OFDI Binary Margins	18
Stock Liquidity and Firm Value in the Time of COVID-19 Pandemic	18
Can Digital Transformation Facilitate Firms’ M&A: Empirical Discovery Based on Machine Learning	18
Does Local Governments’ Environmental Information Disclosure Promote Corporate Green Innovations?	16
Spatial Effects of Participation in Global Value Chains on CO2 Emissions: A Global Spillover Perspective	16
Systemic Risk of China’s Financial Industry during the Spread of the COVID-19 Epidemic and the Breakdown of Crude Oil Negotiation	15
Does Financialization of Non-Financial Corporations Promote or Prohibit Corporate Risk-Taking?	15
Local Attention to Environment and Green Innovation: Evidence from Listed Manufacturing Companies in 120 Cities in China	14
Performance Differential between Private and State-owned Enterprises: An Analysis of Profitability and Solvency	14
The Impact of Exchange Rate Futures Fluctuations on Macroeconomy: Evidence from Ten Trading Market	14
Is “Born Global” a Viable Market Entry Mode for the Internationalization of SMEs? Evidence from China before COVID-19	13
How Does Uncertainty Affect Volatility Correlation between Financial Assets? Evidence from Bitcoin, Stock and Gold	13
Trade Sustainability and Efficiency under the Belt and Road Initiative: A Stochastic Frontier Analysis of China’s Trade Potential at Industry Level	13
Digital Payments and Households’ Consumption: A Mental Accounting Interpretation	13
Third Party Environmental Disclosure and Firm’s Green Innovation: Evidence from a Natural Experiment in China	13
Does Green Finance Drive Environmental Innovation in China?	12
How Does Capital Intensity Affect the Relationship between Outward FDI and Productivity? Micro-evidence from Chinese Manufacturing Firms	12

A Note on the COVID-19 Shock and Real GDP in Emerging Economies	12
Innovation in Business Groups: Evidence from China	12
Digital Finance and the Efficiency of Household Investment Portfolios	12
Pandemic Effect on Analyst Forecast Dispersion: Earnings Uncertainty or Information Lockdown?	12
The Impacts of Economic Policy Uncertainty on Trade Flow	11
Impact of the COVID-19 Pandemic on Economic Sentiment: A Cross-Country Study	11
Short Sales and Corporate Investment Efficiency: Evidence from China	11
Decoupling Between the Energy and Semiconductor Sectors During the Pandemic: New Evidence from Wavelet Analysis	11
Political Background and Household Financial Asset Allocation in China	11
The Green Incentives and Green Bonds Financing under the Belt and Road Initiative	11
Institutional Investors and Corporate Social Responsibility: Evidence from China	11
Stock Market Linkages between the Asean Countries, China and the US: A Fractional Integration/cointegration Approach	11
Regional Digital Finance and Corporate Financial Risk: Based on Chinese Listed Companies	11
Green Growth Effects of High-Speed Rail in China: The Role of Industrial Transformation	11
Confucianism and Earnings Management: Evidence from China	10
How Property Rights Affect Firm’s Labor Investment Efficiency? Evidence from a Property Law Enactment in China	10
The Relationship between the Airport Economy and Regional Development in China	10
CEO Military Background and Investment Efficiency	10
Does China’s Environmental Protection Tax Law Effectively Influence Firms? Evidence from Stock Markets	10
Can Artificial Intelligence Improve Firms’ Competitiveness during the COVID-19 Pandemic: International Evidence	10
Measurement of Individual Investor Sentiment and Its Application: Evidence from Chinese Stock Message Board	10
Household-owned Businesses’ Vulnerability to the COVID-19 Pandemic	10
Environmental Regulations and Industrial Enterprises Innovation Strategy: Evidence from China	9
The Impact of China’s FDI on Economic Growth: Evidence from Africa with a Long Memory Approach	9
When Regional Comprehensive Economic Partnership Agreement(RCEP) Meets Comprehensive and Progressive Trans-Pacific Partnership Agreement(CPTPP): Considering the “Spaghetti Bowl” Effect	9
Official Visit, Bank Credit and Maturity Mismatch: Evidence from Chinese Listed Firms	9
The Carbon Emissions Trading Scheme and Corporate Environmental Investments: A Quasi-natural Experiment from China	9
China’s Carbon Emission Trading Scheme and Firm Performance	9
Board Interlocks and Stock Liquidity: New Evidence from an Emerging Market	9
More Stable, More Sustainable: Does TMT Stability Affect Sustainable Corporate Social Responsibility?	9
Boardroom Gender Diversity on Stock Liquidity: Empirical Evidence from Chinese A-share Market	8
Impact of Low-Carbon City Construction Policy on Green Innovation Performance in China	8
Tax Shelters, Reputational Costs and CEO Turnover: Evidence from Tax-Violating Enterprises in China	8
Internal Control, Political Connection, and Executive Corruption	8
Impact of Local Government Competition and Land Finance on Haze Pollution: Empirical Evidence from China	8
Spatial Differences in Emission Reduction Effect of Servitization of Manufacturing Industry Export in China	8
Targeted Poverty Alleviation Information Disclosure and Equity Financing Cost	8
Is the Development of Inclusive Finance Truly Able to Alleviate Poverty?——an Empirical Study Based on Spatial Effect and Threshold Effect	8
“Business Tax to Value-added Tax” and Enterprise Innovation Output: Evidence from Listed Companies in China	8
The Impact of COVID-19 Pandemic on Emerging Country Stock Markets: Evidence of the Value Effect	8
Internet Finance, Financing of Small and Micro Enterprises and the Macroeconomy	8
The Impact of early-life Natural Disaster Experiences on the Corporate Innovation by CEOs	8
The Impact of Green Development on Modernization in China: Evidence from 108 Cities in the Yangtze River Economic Belt	8
The Impact of Domestic and Global Risk Factors on Turkish Stock Market: Evidence from the NARDL Approach	8
Does ESG Screening Enhance or Destroy Stock Portfolio Value? Evidence from China	7
Green Finance, Technological Innovation, and Energy Efficiency Improvements: Evidence from China’s Green Finance Reform Pilot Zone	7
The Impact of Deep Preferential Trade Agreements on (Global Value Chain) Trade: Who Signs Them Matters	7
Advanced Human Capital Structure, Industrial Intelligence and Service Industry Structure Upgrade ——Experience from China’s Developments	7
Management Earnings Forecasts Bias, Internal Control, and Stock Price Crash Risk: New Evidence from China	7
Strategic Deviance, Diversification and Enterprise Resilience in the Context of COVID-19: Heterogeneous Effect of Managerial Power	7
How Does Analyst Coverage Affect Corporate Social Responsibility? Evidence from China	7
Oil and BRIC Stock Markets before and after COVID-19: A Local Gaussian Correlation Approach	7
Will the Supporting Policies Help the Recovery of SMEs during the Pandemic of COVID-19? — Evidence from Chinese Listed Companies	7
Forecasting the Term Structure of Interest Rates of the BRICS: Evidence from a Nonparametric Functional Data Analysis	7
Bank Loans for Small Businesses in Times of COVID-19: Evidence from China	7
Environmental, Social, and Governance Performance and Enterprise Dynamic Financial Behavior: Evidence from Panel Vector Autoregression	7
The Role of Economic Policy Uncertainty in Predicting Output Growth in Emerging Markets: A Mixed-Frequency Granger Causality Approach	7
Tone of Textual Information in Annual Reports and Regulatory Inquiry Letters: Data from China	7
The Shielding Effect of Access to Finance on Small and Medium-Sized Enterprises during the COVID-19 Crisis: Comparing Fintech and Traditional Finance	7
How Does the Market React to Corporate Philanthropic Behavior? —evidence from the COVID-19 Pandemic Shock	7
Capital Market Opening and ESG Performance	7
The Financial Market in China under the COVID-19	7
The Ownership Concentration − Innovation Nexus: Evidence From SMEs Around The World	7
Greenfield or M&A? The Role of Economic Policy Uncertainty in Home and Host Countries	7
Corporate Social Responsibility and Carbon Emission Intensity: Is There a Marketization Threshold Effect?	6
The Dimension of Bank Liquidity Creation: Culture Viewpoint	6
Capital Supervision, Information Disclosure and Risk-taking—Evidence from Rural Commercial Banks in China	6
Return and Volatility Spillovers among Sector Indexes in Shanghai-Shenzhen-Hong Kong Stock Markets: Evidence from the Time and Frequency Domains	6
The Network Structure Characteristics and Determinants of the Belt & Road Industrial Robot Trade	6
Time-varying Effects of U.S. Economic Policy Uncertainty on Exchange Rate Return and Volatility in China	6
Corporate Disclosures in Pandemic Times. The Annual and Interim Reports Case	6
Does a Stronger Business Environment Increase Export Variety?	6
Does Mandatory Disclosure of CSR Reports Affect Accounting Conservatism? Evidence from China	6
How Do Housing Returns in Emerging Countries Respond to Oil Shocks? A MIDAS Touch	6
Social Insurances and Risky Financial Market Participation: Evidence from China	6
The Digital Transformation Effect in Trade Credit Uptake: The Buyer Perspective	6
Corporate Social Responsibility Disclosure, Market Supervision, and Green Investment	6
Does the Deleveraging Policy Increase the Risk of Corporate Debt Default: Evidence from China	6
The Role of CBDC in Green Finance and Sustainable Development	6
Digital Financial Inclusion, Household Financial Participation and Well-Being: Micro-Evidence from China	6

How Do Economic Freedom and Technological Innovation Affect Green Total-Factor Productivity? Cross-Country Evidence	6
The Impact of Mobile Finance Use on Livelihoods of Farmers in Rural China	6
The Effects of Nonstate Shareholder on the Excess Perquisites: Evidence from Chinese Mixed Ownership Reform	6
Green Development Efficiency and Spatial Characteristics of Urban Clusters: A Case of Yangtze River Delta City Cluster	6
CEO Power and Corporate Green Governance from the Perspective of Input-output Efficiency	6
Is Financial Risk A Stumbling Block to the Development of Digital Economy? A Global Case	6
Executive Political Connections, Information Disclosure Incentives, and Stock Price Crash Risk: Evidence from Chinese Non-State-Owned Enterprises	5
Political Party System and Enterprise Innovation: Is China Different?	5
State Media, Institutional Environment, and Analyst Forecast Quality: Evidence from China	5
Determinants and Consequences of Risk Disclosure: Evidence from Chinese Stock Markets during the COVID-19 Pandemic	5
The Effect of Perceived Organizational Support toward the Environment on Team Green Innovative Behavior: Evidence from Chinese Green Factories	5
Commodity Prices and Forecastability of International Stock Returns over a Century: Sentiments versus Fundamentals with Focus on South Africa	5
Financial Mismatch and Default Risk: Evidence from Chinese Nonfinancial Listed Private Enterprises	5
The Risk Spillover Effect of COVID-19 Breaking News on the Stock Market	5
Will the Narrowing Pay Gap in Chinese State-owned Enterprises Improve Internal Control Quality?	5
Supply-Chain Concentration and Inefficient Investment	5
Analyzing the Structure of the Maritime Silk Road Central City Network through the Spatial Distribution of Financial Firms	5
Corruption and Corporate Cash Holdings	5
Credit Constraints and Rural Households’ Entrepreneurial Performance in China	5
Economic Policy Uncertainty and Corporate Bank Credits: Evidence from China	5
Downside Risk in the Oil Market: Does It Affect Stock Returns in China?	5
Directors’ Foreign Experience and Firm Innovation	5
The Impact of Financial Literacy on Rural Household Self-Employment: The Mediating Role of Financial Ability	5
Real Earnings Management, Manipulation Incentives and Accounting Conservatism:Evidence from China	5
Innovation Input on Enterprise Value: Based on the Moderating Effect of Ownership Structure	5
Does Financial Development Promote Economic Globalization? Evidence from the Top and the Bottom Globalized Emerging Economies	5
The Impact of Trade Facilitation on the Networks of Value-Added Trade——Based on Social Network Analysis	5
Risk Spillover of Global Treasury Bond Markets in the Time of COVID-19 Pandemic	5
Investor Limited Attention, Opinion Divergence, and Post-earnings-announcement Drift: Evidence from China	5
Local Economic Performance, Political Promotion, and Stock Price Crash Risk: Evidence from China	5
Can Mixed-Ownership Reform of State-Owned Enterprises Restrain Excessive Perquisite Consumption by Executives?	5
The comovement between epidemics and atmospheric quality in emerging countries	5
SHIBOR Fluctuations and Stock Market Liquidity: An MF-DCCA Approach	5
Executives’ Foreign Work Experience and International Knowledge Spillovers: Evidence from China	5
Examining the Coupling Coordination Relationship between Digital Inclusive Finance and Technological Innovation from a Spatial Spillover Perspective: Evidence from China	5
Forecasting Performance of Different Betas: Mexican Stocks before and during the COVID-19 Pandemic	5
Executives with Economic Management Education Backgrounds and Stock Price Crash Risk: Evidence from Chinese A-share Markets	5
The Roles of Anti-Monopoly on Green Innovation: Evidence from the Chinese Manufacturing Industry	5
Vertical Interlock and Firm Value: The Role of Corporate Innovation	5
Ownership Structure, Diversification, and Bank Performance: International Evidence	5
The Effect of Corporate Social Responsibility on Productivity: Firm-Level Evidence from Chinese Listed Companies	5
The Stock and CDS Market Consequences of Political Uncertainty: The Arab Spring	5
Can Passive Investors Improve Corporate Social Responsibility? Evidence from Chinese Listed Firms	5
How Can FinTech Reduce Corporate Zombification Risk?	5