Emerging Markets Review

Article	Citations
Tax authority independence and earnings management	240
Corrigendum to “Endogenous market development for government securities in lower-income economies” [Emerging Markets Review 50 (2022) 100844]	95
Fintech innovation: Is it beneficial or detrimental to financial inclusion and financial stability? A systematic literature review and research directions	85
What drives the growth of shadow banks? Evidence from emerging markets	78
Financial statement fraud, recidivism and punishment	78
Does time-varying risk aversion sentiment matter in the connectedness among Sub-Saharan African bond markets?	69
Borrowing constraints, financial development and the aggregate savings: Theory and evidence	66
Bank board network and financial stability in emerging markets	61
Fiscal rules and sovereign default	47
Local credit in Brazil: The role of digital connectivity and education	46
Impact of energy restructuring on green technology innovation in the context of climate policy uncertainty	46
Making differences work: Financial fraud detection based on multi-subject perceptions	44
The imprint effect of initial institutional environments and bank financing in family businesses	44
The impact of common ownership between banks and firms on corporate ESG performance: Evidence from China	44
Media coverage of startups and venture capital investments	43
Inflation and west African sectoral stock price indices: An asymmetric kernel method analysis	42
Bank risk-taking and competition in developing banking markets: Does efficiency level matter? Evidence from Africa	39
Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception	39
Anti-corruption campaign and corporate cash holdings: Evidence from China	39
Impacts of COVID-19 pandemic on corporate cash holdings: Evidence from Korea	38
Residual state ownership, foreign ownership and firms' financing patterns	36
Global monetary policy surprises and their transmission to emerging market economies: An external VAR analysis	34
The dark side of Bitcoin: Do Emerging Asian Islamic markets help subdue the ethical risk?	33
Financial fraud detection for Chinese listed firms: Does managers' abnormal tone matter?	33
Unintended consequences: Examining the effects of government digital regulation on corporate fintech innovation in China	33

Spillovers and connectedness among BRICS stock markets, cryptocurrencies, and uncertainty: Evidence from the quantile vector autoregression network	32
Share pledging and stock price synchronicity: Evidence from China	32
Board generational diversity in emerging markets	31
Are Latin American stock markets connected? Exploring spillovers and the impact of risk factors	31
Editorial Board	30
Pooling wisdom: The impact of investors' private information transmission on corporate investment efficiency	28
How does housing wealth affect happiness?	26
Predictability of risk appetite in Turkey: Local versus global factors	25
Higher education expansion and the adoption of robots in China	25
Managers' individualistic culture and trade credit	25
Does the nature of political connection matter for corporate social responsibility engagement? Evidence from China	24
What drives portfolio capital inflows into emerging market economies? The role of the Fed's and ECB's balance sheet policies	24
Safety nets and investment choices	24
Growth-mindset financial education and labor supply of low-income women: An RCT evidence from rural China	23
Antiquity, capitalism & development: The finance-growth perspective	23
CEO facial masculinity, fraud, and ESG: Evidence from South Korea	22
Finance dependence and exchange rate pass-through: Empirical evidence from China	21
Fintech competencies in emerging markets: Cognitive hybrid decision-making approach	21
Risk spillover of banking across regions: Evidence from the belt and road countries	20
Dynamic connectedness between global commodity sectors, news sentiment, and sub-Saharan African equities	20
The Effects of Monetary Policy on Capital Flows: An Emerging Market Survey	20
The value of official business group affiliation: Evidence from a change in Korean chaebol designation policy	20
Systemic risk spillovers and the determinants in the stock markets of the Belt and Road countries	19
Municipal governor turnovers and targeted poverty alleviation of listed private firms	19
Art pricing in the emerging markets: An empirical analysis	19
Trade liberalization, regional trade openness degree, and foreign direct investment:Evidence from China	19
Financial crisis, global liquidity and trade credit channel: Evidence from Türkiye	19
Editorial Board	18
Farm location and occupational choices in Sub-Saharan Africa: Implications for agricultural households in Tanzania	18
Financial intermediation around national elections: Evidence of state-owned banks as credit smoothers	18
Editorial Board	18
Corrigendum to “Do management climate change concerns mitigate greenwashing? Evidence from China” [Emerging Markets Review 67 (2025) 101308]	17
Heterogeneous uncertainty matters! Evidence based on firms' cost management decisions	17
Turkey: From a thriving economic past towards a rugged future? - An empirical analysis on the Turkish financial markets	17
Political favoritism towards resource allocation: Evidence of grants by natural science foundation in China	17
A financial risk meter for China	17
How does financial inclusion affect bank stability in emerging economies?	16
Conditional dependence structure and risk spillovers between Bitcoin and fiat currencies	16
Greenium in the Chinese corporate bond market	16
Stock liquidity and investment efficiency: Evidence from the split-share structure reform in China	16
The dog that didn't bite: Sudden Stops in Emerging and Developing Economies during COVID-19	15
Does government transparency shape firm decentralization? Evidence from a natural experiment in China	15
Central bank swap arrangements and exchange rate volatility: Evidence from China	15
Family firms and risk taking: Does the integration of ESG practices matter?	15
Are business groups different from other family firms? Evidence from corporate investments during political uncertainty	15
Do firms manipulate earnings after winning public-private partnership bids? Evidence from China	15
CEOs' hometown connections and corporate risk-taking: Evidence from China	15
The impact of health status on household portfolio efficiency: Insights from medical insurance	14
Does asynchronous market update matter? Re-examining the price discovery of stock index and futures in China	14
The effect of currency risk on crypto asset utilization in Türkiye	14

Intangible assets, corporate tax credits and pharmaceutical establishments	14
Does the green loan policy boost greener production? – Evidence from Chinese firms	14
Demographic transition and financial assets	14
Banking market power and its determinants: New insights from MENA countries	13
Interconnectedness and systemic risk in financial networks: Fresh evidence from India	13
Uncertainty shocks and financial conditions in Latin-American countries	13
Air pollution, political costs, and earnings management	12
How bilateral investment treaties affect cross-border mergers and acquisitions: Novel evidence from China's internationalization	12
Does political turnover affect corporate investment? Evidence from China	12
Who falls behind under interest rate shock? Early evidence from households with variable-rate mortgages	12
Reap what you sow: Corporate political activities and the external governance environment	12
Factor investing in Brazil: Diversifying across factor tilts and allocation strategies	11
Competition law reform and firm performance: Evidence from developing countries	11
Editorial Board	11
Board centrality and environmental disclosures: Evidence from the polluting Industries in China	11
Does a sustainability risk premium exist where it matters the most?	11
FinTech: The disruptive force reducing bank competition pressure	11
Corporate investment and shadow banking channel of monetary policy	11
Machine learning and the cross-section of emerging market stock returns	11
Banking relationship and default priority in consumer credit: Evidence from Thai microdata	11
Trade reform, infrastructure investment, and structural transformation in Africa: Evidence from Guinea-Bissau	10
Women to women: Enabling innovation and firm performance in developing countries	10
On the communication efforts of the central banks in emerging economies: The case of India	10
Net privatisation prices in Brazil	10
Fintech business and corporate social responsibility practices	10
Economic policy uncertainty, non-financial enterprises' shadow banking activities and stock price crash risk	10
Corporate strategic disclosure via WeChat after E&S reputation crises	10
Climate change, governance, and macroeconomic stability: Empirical analysis in a panel of African countries	10
Spillover effects of the recent US monetary policy shocks on the South African economy: The role of monetary and fiscal policy coordination	9
The effects of decarbonization on corporate cash holdings	9
Financial inclusion and women economic empowerment in Ghana	9
The impacts of green bonds on the green innovation: Evidence from the corporate green transformation in China	9
Corporate digital transformation and idiosyncratic risk: Based on corporate governance perspective	9
The impact of proximity within elite corporate networks on the Shariah governance-firm performance nexus: Evidence from the global Shariah elite	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
FX-hedging for Latin American investors	9
Unified or divided? Conflicting interests of controlling shareholders in corporate tax avoidance	9
Trade sanctions and global value chains: The role of financial development and capital openness in emerging markets	9
Will Southeast Asia be the next global manufacturing hub? A multiway cointegration, causality, and dynamic connectedness analyses	9
Liquidity risk in FinTech lending: Early impact of the COVID-19 pandemic on the P2P lending market	8
How credit constrained are family-owned SMEs in Arab countries?	8
Climate policy and China's external balances	8
Does party organization embeddedness boost corporate environmental performance?	8
The clarity of monetary policy communication and financial market volatility in developing economies	8
Emerging equity markets in a globalized world	8
How effective is the cash conversion cycle in improving firm performance? Evidence from BRICS	8
Shadow banking and loan pricing of commercial banks: Evidence from China	8
Does financial liberalization reduce income inequality? Evidence from Africa	8
The intention to use cryptocurrency: A meta-analysis of what we know	8
The impact of currency depreciation and foreign exchange positions on bank lending: Evidence from an emerging market	8
Stock market index enhancement via machine learning	8
Impact of cultural trade on foreign direct investment: Evidence from China	8
IPOhelper: Mining features in registration statements for listing prediction of technological innovation companies	8
Tail-event driven NETwork dependence in emerging markets	8
Different lies to different audiences: Tax avoidance versus earnings inflation	7
To protect or to hide-an investigation on corporate redacted disclosure motives under new FAST act regulation	7
Beyond religion and culture: The economic consequences of the institutionalization of sharia law	7
Public bank lending in Africa in times of crisis	7
Are FX communications effective? Evidence from emerging markets	7
Origin matters: Institutional imprinting and family firm innovation in China	7
Interpersonal versus interbank lending networks: The role of intermediation in risk-sharing	7
Climate risks, balance-of-payments constraints and central banking in emerging economies – Insights from Nigeria	7
Digital divide and household portfolio investment efficiency: Evidence from China	7
Decentralized finance (literacy) today and in 2034: Initial insights from Singapore and beyond	7
House price co-movement and labor migration: Evidence from China	7
Enforcement actions and systemic risk	7
Corrigendum to “Enforcement actions and systemic risk” [Emerging Markets Review 59 (2024) 101115]	6
Carbon emissions and audit fees: Evidence from emerging markets	6
Central bank green communication and pollution premium: Evidence from China	6
How does technological progress affect provincial financial resilience? Evidence at the provincial level in China	6
Does compliance with screening standards affect the performance of firms?	6
Editorial Board	6
Star analyst activities and stock price synchronicity: Korean equity market reforms	6
Does bank efficiency affect the bank lending channel in China?	6
Evidence of arbitrage trading activity: The case of Chinese metal futures contracts	6
A machine learning approach for comparing the largest firm effect	6
Editorial Board	6
Other people's money: A comparison of institutional investors	6
Editorial Board	6
Speculative trading, stock returns and asset pricing anomalies	6

Hidden costs of separation: Exploring the effect of left-behind experiences on financial market participation in China	6
Macroprudential policy and bank systemic risk: Does inflation targeting matter?	6
Optimal central banking policies: Envisioning the post-digital yuan economy with loan prime rate-setting	6
Nonlinear network connectedness: Assessing financial risk transmission in MENA and influence of external financial conditions	6
Corporate governance of weak stakeholders: Minority investors and investment efficiency	5
Loan spreads over the credit cycle	5
Spillovers of U.S. monetary policy uncertainty on inflation targeting emerging economies	5
Combating the rent-seeking among enterprises in China's emissions trading system	5
Effect of accounting information manipulation on innovation: Evidence from China	5
Collateral eligibility of credit claims and bank liquidity creation: Evidence from China	5
Credit risk in Islamic microfinance institutions: The role of women, groups, and rural borrowers	5
Editorial Board	5
Bank branching deregulation and the credit risk of the regional banking sector: Evidence from city commercial banks in China	5
Integrity atmosphere and the cost of equity: Evidence from China	5
Judicial Independence and corporate labor investment: Evidence from China	5
The impact of institutional investors' corporate site visits on corporate social responsibility	5
Risk substitution in cryptocurrencies: Evidence from BRICS announcements	5
Cash holdings of minority family businesses in Indonesia	5
Machine learning portfolios with equal risk contributions: Evidence from the Brazilian market	5
Global commodity and equity markets spillovers to Africa during the COVID-19 pandemic	5
How does CEO famine experience affect corporate labour cost stickiness?	5
Investment under anticorruption: Evidence from the high-profile anticorruption campaign in Vietnam	4
How does Russia's economy affect the region? Transmission channels and policy options	4
Foreign exchange interventions and foreign shocks	4
Regulators' work experience at local companies and SOEs' investment efficiency: Evidence from provincial SASAC leaders	4
Doom loops in Latin America	4
Large state-owned shareholders and social insurance contributions in private firms: Evidence from China	4
In the radiance of enlightenment: The influence of nontheistic religions on corporate default risk	4
Threshold effects, technology purchasing, and firm outcomes: An absorptive capacity perspective	4
Chairperson's intra-country migrant marriage and corporate R&D investment: Evidence from Chinese family firms	4
Culture imprint and gambling preference: Evidence from individual investors' trading in the Chinese stock market	4
Demographic shifts and the strategic use of flexible off-budget debt tools	4
CSR news and stock prices: A fine-grained analysis in an underexamined Muslim setting	4
Political capital and physical capital: Substitute or complement? Evidence from China's anti-corruption campaign	4
Testing technical trading strategies on China's equity ETFs: A skewness perspective	4
Cutting corners, cutting dividends: Evidence from reverse mergers in China	4
Do corporate environmental violations affect trade credit? Evidence from China	4
Impact of asymmetry on exchange rate determination: The role of fundamentals	4
Effect of climate-related risk on the costs of bank loans: Evidence from syndicated loan markets in emerging economies	4
The Nexus among board diversity and bank stability: Implications from gender, nationality and education	4
Growing pains: Vietnamese firms' operational efficiency and transition under the CPTPP	4
CEO characteristics and capital structure dynamics: Evidence from a transitional economy	4
The spillover effects of China's monetary policy shock: Evidence from B&R countries	4
Credit financing, accounting quality and distress under financial turmoil: Evidence from small partnerships	4
Social capital and cost of debt: Evidence from Chinese CEO network centrality	4
Risk-sharing networks, consumption, and asset allocation: Micro-evidence from China	4
Energy firms in emerging markets: Systemic risk and diversification opportunities	3
The cyclicality of official bilateral lending: Which cycle do flows follow?	3
Innovation spillovers within business groups: Evidence from Korean chaebols	3
How stressed are the banks? An inter-temporal network analysis	3
Disruptive technology and audit risks: Evidence from FTSE 100 companies	3
Optimizing systemic risk through credit network reconstruction	3
Learning by doing or catering: Firm-specific experience and analyst forecast accuracy	3
From the core to the European periphery: Spillover effects of financial cycles	3
Analysis of the performance of Islamic gold-backed cryptocurrencies during the bear market of 2020	3
Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions	3
Dynamics and predictability in informal currency markets: The case of the Cuban Peso	3
Dynamic volatility spillovers among commodities, bitcoin, and emerging markets	3
Connectedness and risk spillovers among sub-Saharan Africa and MENA equity markets	3
Enhancing bank liquidity creation through digital innovation: Exploring the impact of macroprudential policy sentiments	3
Editorial Board	3
Modelling the demand for financial assets: The case of Sri Lanka	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
Kuwait Stock Exchange: A re-examination of seasonal anomalies	3
Insider trading and information asymmetry: Evidence from the Korea Exchange	3
Dynamic financial connectedness among the US, China, and countries of the Belt and Road Initiative	3
Mandatory disclosure and bank earnings management in India	3
International reserves, currency depreciation and public debt: New evidence of buffer effects in Africa	3
Effects of monetary policy news on financial assets: Evidence from Brazil on a bivariate VAR-GARCH model (2006–17)	3