Emerging Markets Review

Article	Citations
Banks' leverage in foreign exchange derivatives in times of crisis: A tale of two countries	107
FinTech and the COVID-19 pandemic: Evidence from electronic payment systems	76
Women to women: Enabling innovation and firm performance in developing countries	71
Global commodity and equity markets spillovers to Africa during the COVID-19 pandemic	70
WITHDRAWN: Drivers of system risk in the African banking systems: Does CODIV-19 make any difference?	67
Strategic behavior of insiders in initial underpricing and long-run underperformance	60
Are green bonds priced lower than their conventional peers?	51
Climate change, governance, and macroeconomic stability: Empirical analysis in a panel of African countries	45
Margin trading and spillover effects: Evidence from the Chinese stock markets	45
Corporate structure, partial privatization, and wage inequality: Evidence from China's split share structure reform	45
The role of large shareholders in goodwill impairment decisions – Evidence from China	44
Bank's balance sheet management as a bargaining tool: Evidence from Brazilian labor strikes	44
Shadow economy implications of financial development in Africa: Do income groups also matter?	43
Capacity utilization shifting or resource-seeking? Benefits for Chinese enterprises participating in the belt and road initiative	41
The evolution of consumption inequality and risk-insurance in Chile	40
The inner workings of the board: Evidence from emerging markets	37
Balance sheet effects of foreign currency debt and real exchange rate on corporate investment: evidence from Turkey	36
Multiple large shareholders, control contests, and forced CEO turnover	35
Does corporate social responsibility benefit society? Evidence from Latin America	34
Does a sustainability risk premium exist where it matters the most?	33
Cash holdings of minority family businesses in Indonesia	32
Banking relationship and default priority in consumer credit: Evidence from Thai microdata	31
Factor investing in Brazil: Diversifying across factor tilts and allocation strategies	30
Competition law reform and firm performance: Evidence from developing countries	29
Editorial Board	29

Global supply chain inflationary pressures and monetary policy in Mexico	29
Digital transformation and corporate labor investment efficiency	28
Anti-corruption intensity and loan contracting: Evidence from non-state owned firms in China	28
Spillovers of U.S. monetary policy uncertainty on inflation targeting emerging economies	28
Does air pollution influence investor trading behavior? Evidence from China	28
What drives the growth of shadow banks? Evidence from emerging markets	28
The impact of institutional investors' corporate site visits on corporate social responsibility	27
Machine learning portfolios with equal risk contributions: Evidence from the Brazilian market	27
How to reduce the default contagion risk of intercorporate credit guarantee networks? Evidence from China	24
Financial statement fraud, recidivism and punishment	23
On the prediction of financial distress in emerging markets: What matters more? Empirical evidence from Arab spring countries	22
Environmental regulations and innovation for sustainability? Moderating effect of political connections	22
Does digital innovation help firms navigate the COVID-19 pandemic? Evidence from China	22
Effect of accounting information manipulation on innovation: Evidence from China	22
Expectations, sentiments and capital flows to emerging market economies	21
ChiNext IPOs' initial returns before and after the 2013 stock market reform: What can we learn?	21
Compliance and familiarity with fixed assets' disclosure requirements and firm value	21
The value of independent directors: Evidence from China	20
Retail attention, retail trades, and stock price crash risk	20
Interconnectedness between convertible bonds and underlying stocks in the Chinese capital market: A multilayer network perspective	19
Political embeddedness, media positioning and corporate social responsibility: Evidence from China	19
Earnings management and firms' investment behavior: The threshold effect of ROE	18
Learning representation of stock traders and immediate price impacts	18
Does time-varying risk aversion sentiment matter in the connectedness among Sub-Saharan African bond markets?	17
Board of director attributes and CSR engagement in emerging economy firms: Evidence from across Asia	17
How does the turnover of local officials make firms more charitable? A comprehensive analysis of corporate philanthropy in China	17
Empowering African entrepreneurs: The crucial role of financial inclusion in mediating the relationship between contextual factors and entrepreneurial willingness	17
Corrigendum to “Endogenous market development for government securities in lower-income economies” [Emerging Markets Review 50 (2022) 100844]	16
FDI and import competition and domestic firm's capital structure: Evidence from Chinese firm-level data	16
Credit gaps as banking crisis predictors: A different tune for middle- and low-income countries	16
Fintech business and corporate social responsibility practices	16
CEO characteristics and capital structure dynamics: Evidence from a transitional economy	16
Corrigendum to “The primary dealer system in lower-income economies” [Emerging Markets Review 45 (2020) 100715]	16
On the communication efforts of the central banks in emerging economies: The case of India	15
Fintech innovation: Is it beneficial or detrimental to financial inclusion and financial stability? A systematic literature review and research directions	15
Editorial Board	14
Determinants of connectedness in financial institutions: Evidence from Taiwan	14
How do emerging debt market participants recognize firm internationalization?Evidence from effects on credit ratings	14
Editorial Board	13
Editorial Board	13
Bank board network and financial stability in emerging markets	13
Editorial Board	13
Institutional determinants of emerging market returns and flows	13
Bank liquidity and exposure to industry shocks: Evidence from Ukraine	13
Path dependence and resource availability: Process of innovation activities in Chinese family and non-family firms	12
The impact of proximity within elite corporate networks on the Shariah governance-firm performance nexus: Evidence from the global Shariah elite	12
Inflation and west African sectoral stock price indices: An asymmetric kernel method analysis	12
Ultimate government control and stock price crash risk: Evidence from China	11
Greenhouse gas emissions, firm value, and the investor base: Evidence from Korea	11
Institutional conditions, economic policy uncertainty and foreign institutional investment in China	11

Editorial Board	11
Can corporate financing through the stock market create systemic risk? Evidence from the BRVM securities market	11
How does privatization affect cash dividends? Quasi-experimental evidence from China	11
Trade reform, infrastructure investment, and structural transformation in Africa: Evidence from Guinea-Bissau	11
Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception	10
Measuring alternative asset prices in an emerging market: The case of the South African art market	10
The process of female borrower discouragement	10
Distribution margins and distribution-oriented FDI: Evidence from China	9
Functional subsidies, selective subsidies and corporate investment efficiency: Evidence from China	9
New and future research in corporate finance and governance in China and emerging markets	9
Anti-corruption campaign and corporate cash holdings: Evidence from China	9
Financial inclusion and women economic empowerment in Ghana	9
Do bank loans still convey information to investors? Evidence from the split share structure reform in China	9
Bank risk-taking and competition in developing banking markets: Does efficiency level matter? Evidence from Africa	9
Family-firms cash holdings determinants: Empirical evidence for Chile	9
Low liquidity beta anomaly in China	9
Impacts of COVID-19 pandemic on corporate cash holdings: Evidence from Korea	9
The Nexus among board diversity and bank stability: Implications from gender, nationality and education	9
Outside directors, firm life cycle, corporate financial decisions and firm performance	8
Corporate digital transformation and idiosyncratic risk: Based on corporate governance perspective	8
Effect of climate-related risk on the costs of bank loans: Evidence from syndicated loan markets in emerging economies	8
Economic policy uncertainty, non-financial enterprises' shadow banking activities and stock price crash risk	8
The gambling preference and stock price: Evidence from China's stock market	8
ESG disclosure quality and cost of debt	8
Dynamic linkage between the Chinese and global stock markets: A normal mixture approach	8
Systemic risk, Islamic banks, and the COVID-19 pandemic: An empirical investigation	8
Price limits, investor sentiment, and initial public offering underpricing: A quasi-natural experiment based on ChiNext	7
Can value-added tax refund policy inhibit corporate financial fraud? Evidence from China	7
How does economic policy uncertainty affect cross-border M&A: Evidence from Chinese firms	7
How does Russia's economy affect the region? Transmission channels and policy options	7
Untangling the finance-growth nexus: The dual role of financial development in the transmission of shocks	7
CEO early-life experience and corporate accounting conservatism: Insights from the socio-political context	7
Do recessions induce Schumpeterian creative destruction? Micro Evidence from India	7
The imprint effect of initial institutional environments and bank financing in family businesses	6
Culture imprint and gambling preference: Evidence from individual investors' trading in the Chinese stock market	6
Editorial Board	6
Net privatisation prices in Brazil	6
Making differences work: Financial fraud detection based on multi-subject perceptions	6
Regulators' work experience at local companies and SOEs' investment efficiency: Evidence from provincial SASAC leaders	6
Government-decentralized power: Measurement and effects	5
Monetary policy and wage inequality in South Africa	5
Threshold effects, technology purchasing, and firm outcomes: An absorptive capacity perspective	5
Impact of cultural trade on foreign direct investment: Evidence from China	5
How fiscal rules can reduce sovereign debt default risk	5
Political capital and physical capital: Substitute or complement? Evidence from China's anti-corruption campaign	5
Does share pledging affect firms' use of derivatives? Evidence from China	5
The spillover effects of China's monetary policy shock: Evidence from B&R countries	5
Unintended investor sentiment on bank financial products: Evidence from China	5
Political uncertainty and city bank lending in China: Evidence from city government official changes	5
The dark side of Bitcoin: Do Emerging Asian Islamic markets help subdue the ethical risk?	5
National culture and socially responsible fund flows	5
Predictability of risk appetite in Turkey: Local versus global factors	5
Early warning system for risk of external liquidity shock in BRICS countries	5
Environmental practices, family control, and corporate performance: Evidence from Chinese family firms	5
What drives portfolio capital inflows into emerging market economies? The role of the Fed's and ECB's balance sheet policies	5
Macroprudential policy efficiency in Russia: Assessment for the uncollateralized consumer loans	5
Identifying the external and internal drivers of exchange rate volatility in small open economies	5
Corporate governance in emerging markets: A selective review and an agenda for future research	5
How far have we come and where should we go after 30+ years of research on Africa's emerging financial markets? A systematic review and a bibliometric network analysis	4
Political career concerns and bank lending in China	4
Editorial Board	4
Board generational diversity in emerging markets	4
Residual state ownership, foreign ownership and firms' financing patterns	4
The effect of corporate philanthropy on corporate performance of Chinese family firms: The moderating role of religious atmosphere	4
Household indebtedness, financial frictions and the transmission of monetary policy to consumption: Evidence from China	4
Editorial Board	4
Economic policy uncertainty, bank deposits, and liability structure	4
FX-hedging for Latin American investors	4
The institutional analysis of CSR: Learnings from an emerging country	4
Sectoral credit reallocation: An excessive bank risk-taking explanation	4
Global contagion of US COVID-19 panic news	4
Mixed ownership and firm performance: Evidence from the Chinese venture capital industry	4
How effective is the cash conversion cycle in improving firm performance? Evidence from BRICS	4
Women on board and performance of family firms: Evidence from India	4
Liquidity risk in FinTech lending: Early impact of the COVID-19 pandemic on the P2P lending market	3
The cyclicality of official bilateral lending: Which cycle do flows follow?	3
Do corporate environmental violations affect trade credit? Evidence from China	3
Retail fund flows and performance: Insights from supervisory data	3
Financial fraud detection for Chinese listed firms: Does managers' abnormal tone matter?	3
Spillovers and connectedness among BRICS stock markets, cryptocurrencies, and uncertainty: Evidence from the quantile vector autoregression network	3

Do financial constraints in an unstable emerging economy mitigate the opportunistic behavior of entrenched family owners?	3
Tail-event driven NETwork dependence in emerging markets	3
Where are the fundamental traders? A model application based on the Shanghai Stock Exchange	3
The intention to use cryptocurrency: A meta-analysis of what we know	3
The clarity of monetary policy communication and financial market volatility in developing economies	3
Are Latin American stock markets connected? Exploring spillovers and the impact of risk factors	3
Does the nature of political connection matter for corporate social responsibility engagement? Evidence from China	3
Impact of asymmetry on exchange rate determination: The role of fundamentals	3
Share pledging and stock price synchronicity: Evidence from China	3
Diversification and financialization of non-financial corporations: Evidence from China	3
The COVID-19 pandemic and financial markets in Central Europe: Macroeconomic measures and international policy spillovers	3
Does party organization embeddedness boost corporate environmental performance?	3
Determinants of corporate governance practices in Brazil	3
Dynamic connectedness between global commodity sectors, news sentiment, and sub-Saharan African equities	3
One novel mixed ownership reform and green innovation in private firms: Evidence from China	3
Unintended consequences: Examining the effects of government digital regulation on corporate fintech innovation in China	3
Evaluation of the space-time effects of Covid-19 on household loans and savings in Romania - A spatial panel data approach at county level	3
Will Southeast Asia be the next global manufacturing hub? A multiway cointegration, causality, and dynamic connectedness analyses	3
How does CSR disclosure affect dividend payments in emerging markets?	3
Emerging equity markets in a globalized world	3
Editorial Board	2
Burial objects” or “Birds of a feather”: The contagion effect of financial violations in business groups——The evidence from China	2
Setting up a sovereign wealth fund to reduce currency crises	2
Trade liberalization, regional trade openness degree, and foreign direct investment:Evidence from China	2
National Governance and Corporate Liquidity in Organization of Islamic Cooperation Countries: Evidence based on a Sharia-compliant Liquidity Measure	2
Does financial liberalization reduce income inequality? Evidence from Africa	2
Information assimilation and stock return synchronicity: Evidence from an investor relations management platform	2
Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions	2
Can digital finance development improve balanced regional investment allocations in developing countries? — The evidence from China	2
Antiquity, capitalism & development: The finance-growth perspective	2
Does empathy matter in corporate social responsibility? Evidence from emerging markets	2
The value of official business group affiliation: Evidence from a change in Korean chaebol designation policy	2
Ethical investing and capital structure	2
Editorial Board	2
The effect of expanded audit report on IPO underpricing: Evidence from China	2
CEO social power, board inclusiveness, and corporate performance after ethnic conflicts	2
Currency risk and the dynamics of German investors entry and exit in Russia	2
Bank-affiliated directors' monitoring, earnings management, and financial reporting quality in emerging markets: Evidence from India	2
The Effects of Monetary Policy on Capital Flows: An Emerging Market Survey	2
Insider trading and information asymmetry: Evidence from the Korea Exchange	2
Systemic risk spillovers and the determinants in the stock markets of the Belt and Road countries	2
Ability parity model for optimal fund allocation: Evidence from China's mutual fund markets	2
Testing technical trading strategies on China's equity ETFs: A skewness perspective	2
Finance dependence and exchange rate pass-through: Empirical evidence from China	2
Editorial Board	2