Emerging Markets Review

Article	Citations
Does air pollution influence investor trading behavior? Evidence from China	136
Does time-varying risk aversion sentiment matter in the connectedness among Sub-Saharan African bond markets?	85
Corrigendum to “The primary dealer system in lower-income economies” [Emerging Markets Review 45 (2020) 100715]	83
Corrigendum to “Endogenous market development for government securities in lower-income economies” [Emerging Markets Review 50 (2022) 100844]	81
Financial statement fraud, recidivism and punishment	63
On the prediction of financial distress in emerging markets: What matters more? Empirical evidence from Arab spring countries	58
Fintech innovation: Is it beneficial or detrimental to financial inclusion and financial stability? A systematic literature review and research directions	56
What drives the growth of shadow banks? Evidence from emerging markets	51
The value of independent directors: Evidence from China	49
Local credit in Brazil: The role of digital connectivity and education	48
Measuring alternative asset prices in an emerging market: The case of the South African art market	48
Impacts of COVID-19 pandemic on corporate cash holdings: Evidence from Korea	43
Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception	40
Anti-corruption campaign and corporate cash holdings: Evidence from China	40
Inflation and west African sectoral stock price indices: An asymmetric kernel method analysis	39
Editorial Board	39
Bank board network and financial stability in emerging markets	37
The imprint effect of initial institutional environments and bank financing in family businesses	35
Bank risk-taking and competition in developing banking markets: Does efficiency level matter? Evidence from Africa	34
Making differences work: Financial fraud detection based on multi-subject perceptions	34
The dark side of Bitcoin: Do Emerging Asian Islamic markets help subdue the ethical risk?	33
Predictability of risk appetite in Turkey: Local versus global factors	32
Spillovers and connectedness among BRICS stock markets, cryptocurrencies, and uncertainty: Evidence from the quantile vector autoregression network	32
Are Latin American stock markets connected? Exploring spillovers and the impact of risk factors	30
Share pledging and stock price synchronicity: Evidence from China	30

Unintended consequences: Examining the effects of government digital regulation on corporate fintech innovation in China	28
Board generational diversity in emerging markets	28
What drives portfolio capital inflows into emerging market economies? The role of the Fed's and ECB's balance sheet policies	27
Residual state ownership, foreign ownership and firms' financing patterns	27
Editorial Board	27
Does the nature of political connection matter for corporate social responsibility engagement? Evidence from China	26
Dynamic connectedness between global commodity sectors, news sentiment, and sub-Saharan African equities	26
Financial fraud detection for Chinese listed firms: Does managers' abnormal tone matter?	26
The value of official business group affiliation: Evidence from a change in Korean chaebol designation policy	25
Fintech competencies in emerging markets: Cognitive hybrid decision-making approach	25
Finance dependence and exchange rate pass-through: Empirical evidence from China	25
Editorial Board	24
Risk spillover of banking across regions: Evidence from the belt and road countries	24
CEO facial masculinity, fraud, and ESG: Evidence from South Korea	23
The Effects of Monetary Policy on Capital Flows: An Emerging Market Survey	23
Financial crisis, global liquidity and trade credit channel: Evidence from Türkiye	23
Antiquity, capitalism & development: The finance-growth perspective	23
Systemic risk spillovers and the determinants in the stock markets of the Belt and Road countries	22
Central bank swap arrangements and exchange rate volatility: Evidence from China	21
Trade liberalization, regional trade openness degree, and foreign direct investment:Evidence from China	21
Turkey: From a thriving economic past towards a rugged future? - An empirical analysis on the Turkish financial markets	21
Stock liquidity and investment efficiency: Evidence from the split-share structure reform in China	21
Do firms manipulate earnings after winning public-private partnership bids? Evidence from China	21
Farm location and occupational choices in Sub-Saharan Africa: Implications for agricultural households in Tanzania	20
Are business groups different from other family firms? Evidence from corporate investments during political uncertainty	20
Heterogeneous uncertainty matters! Evidence based on firms' cost management decisions	20
Conditional dependence structure and risk spillovers between Bitcoin and fiat currencies	19
Financial intermediation around national elections: Evidence of state-owned banks as credit smoothers	18
Editorial Board	18
CEOs' hometown connections and corporate risk-taking: Evidence from China	17
A financial risk meter for China	17
Editorial Board	17
Does government transparency shape firm decentralization? Evidence from a natural experiment in China	17
Political favoritism towards resource allocation: Evidence of grants by natural science foundation in China	16
Greenium in the Chinese corporate bond market	16
Government subsidies and firm performance: Evidence from high-tech start-ups in China	16
The dog that didn't bite: Sudden Stops in Emerging and Developing Economies during COVID-19	16
How does financial inclusion affect bank stability in emerging economies?	15
The effect of currency risk on crypto asset utilization in Türkiye	15
Board centrality and environmental disclosures: Evidence from the polluting Industries in China	14
Intangible assets, corporate tax credits and pharmaceutical establishments	14
Machine learning and the cross-section of emerging market stock returns	13
Air pollution, political costs, and earnings management	13
How bilateral investment treaties affect cross-border mergers and acquisitions: Novel evidence from China's internationalization	12
Banking market power and its determinants: New insights from MENA countries	12
Does political turnover affect corporate investment? Evidence from China	12
The effect of stimulus policy on lending behavior and bank risk: Evidence from the Chinese banking sector	12
Does the green loan policy boost greener production? – Evidence from Chinese firms	12
Climate change, governance, and macroeconomic stability: Empirical analysis in a panel of African countries	12
ChiNext IPOs' initial returns before and after the 2013 stock market reform: What can we learn?	11

FinTech: The disruptive force reducing bank competition pressure	11
On the communication efforts of the central banks in emerging economies: The case of India	11
Women to women: Enabling innovation and firm performance in developing countries	11
Banking relationship and default priority in consumer credit: Evidence from Thai microdata	11
Does a sustainability risk premium exist where it matters the most?	11
Fintech business and corporate social responsibility practices	11
Factor investing in Brazil: Diversifying across factor tilts and allocation strategies	11
Net privatisation prices in Brazil	10
Learning representation of stock traders and immediate price impacts	10
Trade reform, infrastructure investment, and structural transformation in Africa: Evidence from Guinea-Bissau	10
Retail attention, retail trades, and stock price crash risk	10
The impacts of green bonds on the green innovation: Evidence from the corporate green transformation in China	10
Competition law reform and firm performance: Evidence from developing countries	10
Will Southeast Asia be the next global manufacturing hub? A multiway cointegration, causality, and dynamic connectedness analyses	9
Corporate digital transformation and idiosyncratic risk: Based on corporate governance perspective	9
How credit constrained are family-owned SMEs in Arab countries?	9
Evaluation of the space-time effects of Covid-19 on household loans and savings in Romania - A spatial panel data approach at county level	9
Financial inclusion and women economic empowerment in Ghana	9
Unintended investor sentiment on bank financial products: Evidence from China	9
Economic policy uncertainty, non-financial enterprises' shadow banking activities and stock price crash risk	9
The impact of proximity within elite corporate networks on the Shariah governance-firm performance nexus: Evidence from the global Shariah elite	9
How effective is the cash conversion cycle in improving firm performance? Evidence from BRICS	8
Emerging equity markets in a globalized world	8
Climate policy and China's external balances	8
Shadow banking and loan pricing of commercial banks: Evidence from China	8
FX-hedging for Latin American investors	8
The intention to use cryptocurrency: A meta-analysis of what we know	8
Tail-event driven NETwork dependence in emerging markets	8
National Governance and Corporate Liquidity in Organization of Islamic Cooperation Countries: Evidence based on a Sharia-compliant Liquidity Measure	8
Impact of cultural trade on foreign direct investment: Evidence from China	8
Determinants of corporate governance practices in Brazil	8
Liquidity risk in FinTech lending: Early impact of the COVID-19 pandemic on the P2P lending market	8
Does financial liberalization reduce income inequality? Evidence from Africa	8
Beyond religion and culture: The economic consequences of the institutionalization of sharia law	7
Are FX communications effective? Evidence from emerging markets	7
Interpersonal versus interbank lending networks: The role of intermediation in risk-sharing	7
The clarity of monetary policy communication and financial market volatility in developing economies	7
Different lies to different audiences: Tax avoidance versus earnings inflation	7
Optimal central banking policies: Envisioning the post-digital yuan economy with loan prime rate-setting	7
Does party organization embeddedness boost corporate environmental performance?	7
Public bank lending in Africa in times of crisis	7
Climate risks, balance-of-payments constraints and central banking in emerging economies – Insights from Nigeria	7
Does compliance with screening standards affect the performance of firms?	6
To protect or to hide-an investigation on corporate redacted disclosure motives under new FAST act regulation	6
Evidence of arbitrage trading activity: The case of Chinese metal futures contracts	6
Editorial Board	6
The gender composition of corporate boards and firm performance: Evidence from Russia	6
Enforcement actions and systemic risk	6
Editorial Board	6
A machine learning approach for comparing the largest firm effect	6
Origin matters: Institutional imprinting and family firm innovation in China	6
Nonlinear network connectedness: Assessing financial risk transmission in MENA and influence of external financial conditions	6
How does technological progress affect provincial financial resilience? Evidence at the provincial level in China	6
Bank branching deregulation and the credit risk of the regional banking sector: Evidence from city commercial banks in China	6
Risk substitution in cryptocurrencies: Evidence from BRICS announcements	6
Social progress, business formation, and access to investment capital	5
Other people's money: A comparison of institutional investors	5
Carbon emissions and audit fees: Evidence from emerging markets	5
Effect of accounting information manipulation on innovation: Evidence from China	5
CEO characteristics and capital structure dynamics: Evidence from a transitional economy	5
Corporate governance of weak stakeholders: Minority investors and investment efficiency	5
The speed of stock price adjustment to corporate announcements: Insights from Turkey	5
Star analyst activities and stock price synchronicity: Korean equity market reforms	5
Combating the rent-seeking among enterprises in China's emissions trading system	5
Credit risk in Islamic microfinance institutions: The role of women, groups, and rural borrowers	5
Welcome letter from the editor-in-chief	5
Speculative trading, stock returns and asset pricing anomalies	5
Does bank efficiency affect the bank lending channel in China?	5
Machine learning portfolios with equal risk contributions: Evidence from the Brazilian market	5
Editorial Board	5
Do corporate environmental violations affect trade credit? Evidence from China	4
Cash holdings of minority family businesses in Indonesia	4
How does Russia's economy affect the region? Transmission channels and policy options	4
Regulators' work experience at local companies and SOEs' investment efficiency: Evidence from provincial SASAC leaders	4
Effect of climate-related risk on the costs of bank loans: Evidence from syndicated loan markets in emerging economies	4
Political capital and physical capital: Substitute or complement? Evidence from China's anti-corruption campaign	4
Institutional conditions, economic policy uncertainty and foreign institutional investment in China	4
The Nexus among board diversity and bank stability: Implications from gender, nationality and education	4
The impact of institutional investors' corporate site visits on corporate social responsibility	4
The gambling preference and stock price: Evidence from China's stock market	4

Spillovers of U.S. monetary policy uncertainty on inflation targeting emerging economies	4
Impact of asymmetry on exchange rate determination: The role of fundamentals	4
The spillover effects of China's monetary policy shock: Evidence from B&R countries	4
Global commodity and equity markets spillovers to Africa during the COVID-19 pandemic	4
Environmental regulations and innovation for sustainability? Moderating effect of political connections	4
Culture imprint and gambling preference: Evidence from individual investors' trading in the Chinese stock market	4
Dynamic linkage between the Chinese and global stock markets: A normal mixture approach	4
Threshold effects, technology purchasing, and firm outcomes: An absorptive capacity perspective	4
Mandatory disclosure and bank earnings management in India	3
Multivariate dynamics between emerging markets and digital asset markets: An application of the SNP-DCC model	3
Optimizing systemic risk through credit network reconstruction	3
Social capital and cost of debt: Evidence from Chinese CEO network centrality	3
Disruptive technology and audit risks: Evidence from FTSE 100 companies	3
Regulation, ownership and bank performance in the MENA region: Evidence for Islamic and conventional banks	3
The moderating role of a corporate life cycle with the impact of economic value-added on corporate social responsibility: Evidence from China's listed companies	3
In the radiance of enlightenment: The influence of nontheistic religions on corporate default risk	3
Diversification and financialization of non-financial corporations: Evidence from China	3
International reserves, currency depreciation and public debt: New evidence of buffer effects in Africa	3
News media and insider trading profitability: An emerging country perspective	3
Venture capital investment in Latin America: The role of experience, distances, and network features	3
Insider trading and information asymmetry: Evidence from the Korea Exchange	3
Energy firms in emerging markets: Systemic risk and diversification opportunities	3
Testing technical trading strategies on China's equity ETFs: A skewness perspective	3
The cyclicality of official bilateral lending: Which cycle do flows follow?	3
Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions	3
Connectedness and risk spillovers among sub-Saharan Africa and MENA equity markets	3
Learning by doing or catering: Firm-specific experience and analyst forecast accuracy	3
Analysis of the performance of Islamic gold-backed cryptocurrencies during the bear market of 2020	3
Editorial Board	3
Where are the fundamental traders? A model application based on the Shanghai Stock Exchange	3
Gender attitudes and the effect of board gender diversity on corporate environmental responsibility	3
Innovation spillovers within business groups: Evidence from Korean chaebols	3
CSR news and stock prices: A fine-grained analysis in an Underexamined Muslim setting	3