Emerging Markets Review

Article	Citations
Building financial resilience through financial and digital literacy in South Asia and Sub-Saharan Africa	87
Environmental regulations and innovation for sustainability? Moderating effect of political connections	70
Innovation quantity or quality? The role of political connections	69
Does corporate social responsibility influence corporate innovation? International evidence	67
Friend or foe: The divergent effects of FinTech on financial stability	64
Executive compensation incentives, risk level and corporate innovation	59
Diversification and financialization of non-financial corporations: Evidence from China	51
Enhancing CSR disclosure through foreign ownership, foreign board members, and cross-listing: Does it work in Russian context?	51
Corporate social responsibility in emerging market economies: Determinants, consequences, and future research directions	45
Gender attitudes and the effect of board gender diversity on corporate environmental responsibility	44
Fintech development and savings, borrowing, and remittances: A comparative study of emerging economies	43
Female directors, board committees, and firm performance: Time-series evidence from Turkey	43
How does the turnover of local officials make firms more charitable? A comprehensive analysis of corporate philanthropy in China	42
Women on board and performance of family firms: Evidence from India	41
IFRS, FDI, economic growth and human development: The experience of Anglophone and Francophone African countries	41
How does financial inclusion affect bank stability in emerging economies?	38
Corporate governance in emerging markets: A selective review and an agenda for future research	38
Does corporate internationalization affect corporate social responsibility? Evidence from China	37
How does CSR disclosure affect dividend payments in emerging markets?	35
The effect of voluntary and mandatory corporate social responsibility on earnings management: Evidence from India and the 2% rule	34
Board of director attributes and CSR engagement in emerging economy firms: Evidence from across Asia	33
Spillovers and connectedness among BRICS stock markets, cryptocurrencies, and uncertainty: Evidence from the quantile vector autoregression network	33
The institutional analysis of CSR: Learnings from an emerging country	32
Retail attention, retail trades, and stock price crash risk	31
Systemic risk, Islamic banks, and the COVID-19 pandemic: An empirical investigation	30

Corporate social responsibility, investor protection, and the cost of equity: Evidence from East Asia	29
Dependence dynamics of stock markets during COVID-19	29
Regulation, ownership and bank performance in the MENA region: Evidence for Islamic and conventional banks	28
How does stock market liberalization influence corporate innovation? Evidence from Stock Connect scheme in China	28
Customer concentration and corporate social responsibility performance: Evidence from China	28
The dark side of Bitcoin: Do Emerging Asian Islamic markets help subdue the ethical risk?	28
Digital start-up access to venture capital financing: What signals quality?	27
Political embeddedness, media positioning and corporate social responsibility: Evidence from China	27
The gender composition of corporate boards and firm performance: Evidence from Russia	27
The impact of trade and financial openness on bank loan pricing: Evidence from emerging economies	26
Diversification, efficiency and risk of banks: Evidence from emerging economies	25
Who benefits from mandatory CSR? Evidence from the Indian Companies Act 2013	25
CEO facial masculinity, fraud, and ESG: Evidence from South Korea	23
FinTech and the COVID-19 pandemic: Evidence from electronic payment systems	23
Does the green loan policy boost greener production? – Evidence from Chinese firms	22
Air pollution, political costs, and earnings management	22
Tail-event driven NETwork dependence in emerging markets	22
Enforcement actions and systemic risk	21
Corporate digital transformation and idiosyncratic risk: Based on corporate governance perspective	20
Government subsidies and firm performance: Evidence from high-tech start-ups in China	20
Anti-corruption campaign and corporate cash holdings: Evidence from China	20
Political uncertainty and city bank lending in China: Evidence from city government official changes	20
Machine learning and the cross-section of emerging market stock returns	19
Time and frequency connectedness of uncertainties in cryptocurrency, stock, currency, energy, and precious metals markets	18
How fiscal rules can reduce sovereign debt default risk	18
Credit risk in Islamic microfinance institutions: The role of women, groups, and rural borrowers	18
Macroprudential policies, economic growth and banking crises	17
Systemic risk spillovers and the determinants in the stock markets of the Belt and Road countries	17
Female leadership and bank performance in Latin America	17
On the prediction of financial distress in emerging markets: What matters more? Empirical evidence from Arab spring countries	16
CEO given names and corporate green investment	16
The value of independent directors: Evidence from China	16
Identifying systemically important financial institutions in complex network: A case study of Chinese stock market	16
The process of female borrower discouragement	15
Earnings management and firms' investment behavior: The threshold effect of ROE	15
New and future research in corporate finance and governance in China and emerging markets	15
Conditional dependence structure and risk spillovers between Bitcoin and fiat currencies	15
Spillovers of U.S. monetary policy uncertainty on inflation targeting emerging economies	15
Effect of climate-related risk on the costs of bank loans: Evidence from syndicated loan markets in emerging economies	14
Does political turnover affect corporate investment? Evidence from China	14
Dynamic interdependence of ASEAN5 with G5 stock markets	14
The gambling preference and stock price: Evidence from China's stock market	14
Greenium in the Chinese corporate bond market	13
How does economic policy uncertainty affect cross-border M&A: Evidence from Chinese firms	13
Are green bonds priced lower than their conventional peers?	13
The effect of corporate philanthropy on corporate performance of Chinese family firms: The moderating role of religious atmosphere	13
Institutional conditions, economic policy uncertainty and foreign institutional investment in China	13
Economic policy uncertainty, non-financial enterprises' shadow banking activities and stock price crash risk	13
Global commodity and equity markets spillovers to Africa during the COVID-19 pandemic	13
Interconnectedness between convertible bonds and underlying stocks in the Chinese capital market: A multilayer network perspective	12

Price limits, investor sentiment, and initial public offering underpricing: A quasi-natural experiment based on ChiNext	11
Military executives and corporate outcomes: Evidence from China	11
Does air pollution influence investor trading behavior? Evidence from China	11
Public participation, investment networks, and China's outward FDI: Evidence from 58 countries along the belt and road	11
The intention to use cryptocurrency: A meta-analysis of what we know	11
Corporate governance and investment sensitivity to policy uncertainty in Brazil	11
Does empathy matter in corporate social responsibility? Evidence from emerging markets	10
Capacity utilization shifting or resource-seeking? Benefits for Chinese enterprises participating in the belt and road initiative	10
Digital transformation and corporate labor investment efficiency	10
Corporate fraud under pyramidal ownership structure: Evidence from a regulatory reform	10
Political connections, political cycles and stock returns: Evidence from Iran	10
Does societal trust affect corporate capital structure?	9
Ethical investing and capital structure	9
Outside directors, firm life cycle, corporate financial decisions and firm performance	9
Women to women: Enabling innovation and firm performance in developing countries	9
Analysis of the performance of Islamic gold-backed cryptocurrencies during the bear market of 2020	9
Does share pledging affect firms' use of derivatives? Evidence from China	9
Machine learning portfolios with equal risk contributions: Evidence from the Brazilian market	9
Stock liquidity during COVID-19 crisis: A cross-country analysis of developed and emerging economies, and economic policy uncertainty	9
Insider trading and information asymmetry: Evidence from the Korea Exchange	9
Does the nature of political connection matter for corporate social responsibility engagement? Evidence from China	9
National culture and socially responsible fund flows	8
ChiNext IPOs' initial returns before and after the 2013 stock market reform: What can we learn?	8
Sanctions against Iran, political connections and speed of adjustment	8
Risk spillover of banking across regions: Evidence from the belt and road countries	8
Impacts of COVID-19 pandemic on corporate cash holdings: Evidence from Korea	8
Multiple large shareholders, control contests, and forced CEO turnover	8
Dynamic connectedness between global commodity sectors, news sentiment, and sub-Saharan African equities	8
National Governance and Corporate Liquidity in Organization of Islamic Cooperation Countries: Evidence based on a Sharia-compliant Liquidity Measure	8
The Chinese equity index options market	8
Can digital finance development improve balanced regional investment allocations in developing countries? — The evidence from China	8
The speed of stock price adjustment to corporate announcements: Insights from Turkey	7
What drives the growth of shadow banks? Evidence from emerging markets	7
Risk substitution in cryptocurrencies: Evidence from BRICS announcements	7
Dual liability and the moderating effect of corporate social responsibility–Evidence from Belt&Road investment of Chinese firms	7
Strategic behavior of insiders in initial underpricing and long-run underperformance	7
Dividend policy and religion: International evidence from firms with Islamic Label	7
Mixed ownership and firm performance: Evidence from the Chinese venture capital industry	7
The impact of institutional investors' corporate site visits on corporate social responsibility	7
Hybrid bond issuances by insurance firms	6
Early warning system for risk of external liquidity shock in BRICS countries	6
Financial statement fraud, recidivism and punishment	6
Anticorruption, political connections, and corporate cash policy: Evidence from politician downfalls in China	6
Do financial constraints in an unstable emerging economy mitigate the opportunistic behavior of entrenched family owners?	6
Do bank loans still convey information to investors? Evidence from the split share structure reform in China	6
News media and insider trading profitability: An emerging country perspective	6
One novel mixed ownership reform and green innovation in private firms: Evidence from China	6
Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception	6
Monetary policy and wage inequality in South Africa	5
Fiscal risk and financial fragility	5
Bank risk-taking and competition in developing banking markets: Does efficiency level matter? Evidence from Africa	5
Banks' leverage in foreign exchange derivatives in times of crisis: A tale of two countries	5
Geographic proximity and M&As: Evidence from China	5
Does financial liberalization reduce income inequality? Evidence from Africa	5
Government-decentralized power: Measurement and effects	5
Dynamic linkage between the Chinese and global stock markets: A normal mixture approach	5
Path dependence and resource availability: Process of innovation activities in Chinese family and non-family firms	5
Origin matters: Institutional imprinting and family firm innovation in China	5
Residual state ownership, foreign ownership and firms' financing patterns	5
Determinants of connectedness in financial institutions: Evidence from Taiwan	5
The Nexus among board diversity and bank stability: Implications from gender, nationality and education	5
Anti-corruption intensity and loan contracting: Evidence from non-state owned firms in China	5
Finance and export diversifications Nexus in Russian regions: Role of trade globalization and regional potential	5
Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions	5
Evidence of arbitrage trading activity: The case of Chinese metal futures contracts	4
Are business groups different from other family firms? Evidence from corporate investments during political uncertainty	4
Determinants of corporate governance practices in Brazil	4
Investor participation and the volatility-volume relation: Evidence from an emerging market	4
Institutional determinants of emerging market returns and flows	4
CEO turnover, political connections, and firm performance: Evidence from China	4
Exchange rate exposure for exporting and domestic firms in central and Eastern Europe	4
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	4
Emerging equity markets in a globalized world	4
Low liquidity beta anomaly in China	4
How to reduce the default contagion risk of intercorporate credit guarantee networks? Evidence from China	4
Female analysts and COVID-19 corporate donation	4
Turkey: From a thriving economic past towards a rugged future? - An empirical analysis on the Turkish financial markets	4
Information assimilation and stock return synchronicity: Evidence from an investor relations management platform	4
Political career concerns and bank lending in China	4
Trade reform, infrastructure investment, and structural transformation in Africa: Evidence from Guinea-Bissau	4

The spillover effects of China's monetary policy shock: Evidence from B&R countries	3
Inflation and west African sectoral stock price indices: An asymmetric kernel method analysis	3
Margin trading and spillover effects: Evidence from the Chinese stock markets	3
Rating standards around the world: A puzzle?	3
Economic policy uncertainty and tax avoidance: International evidence	3
A financial risk meter for China	3
Does government transparency shape firm decentralization? Evidence from a natural experiment in China	3
War-experienced CEOs and corporate policies: Evidence from the Korean war	3
Trade liberalization, regional trade openness degree, and foreign direct investment:Evidence from China	3
What drives portfolio capital inflows into emerging market economies? The role of the Fed's and ECB's balance sheet policies	3
Bank board network and financial stability in emerging markets	3
Cash holdings of minority family businesses in Indonesia	3
The effect of stimulus policy on lending behavior and bank risk: Evidence from the Chinese banking sector	3
Energy firms in emerging markets: Systemic risk and diversification opportunities	3
Do firms manipulate earnings after winning public-private partnership bids? Evidence from China	3
Liquidity risk in FinTech lending: Early impact of the COVID-19 pandemic on the P2P lending market	3
Unintended investor sentiment on bank financial products: Evidence from China	3
Predictability of risk appetite in Turkey: Local versus global factors	3
Fintech business and corporate social responsibility practices	3
Balance sheet effects of foreign currency debt and real exchange rate on corporate investment: evidence from Turkey	3
Consumer credit in an emerging economy: Demand, supply, and liquidity restrictions	3
Interpersonal versus interbank lending networks: The role of intermediation in risk-sharing	3
The cyclical behavior of household and corporate credit in emerging economies	3
Salience theory and mutual fund flows: Empirical evidence from China	3