Emerging Markets Review

Article	Citations
Building financial resilience through financial and digital literacy in South Asia and Sub-Saharan Africa	60
Environmental regulations and innovation for sustainability? Moderating effect of political connections	59
Does corporate social responsibility influence corporate innovation? International evidence	55
Innovation quantity or quality? The role of political connections	52
Friend or foe: The divergent effects of FinTech on financial stability	50
State ownership and corporate innovative efficiency	50
Enhancing CSR disclosure through foreign ownership, foreign board members, and cross-listing: Does it work in Russian context?	44
Diversification and financialization of non-financial corporations: Evidence from China	43
Corporate social responsibility in emerging market economies: Determinants, consequences, and future research directions	41
Executive compensation incentives, risk level and corporate innovation	41
How does the turnover of local officials make firms more charitable? A comprehensive analysis of corporate philanthropy in China	39
Female directors, board committees, and firm performance: Time-series evidence from Turkey	39
Corporate governance in emerging markets: A selective review and an agenda for future research	36
IFRS, FDI, economic growth and human development: The experience of Anglophone and Francophone African countries	35
Gender attitudes and the effect of board gender diversity on corporate environmental responsibility	35
Women on board and performance of family firms: Evidence from India	32
Disclosure for whom? Government involvement, CSR disclosure and firm value	31
Fintech development and savings, borrowing, and remittances: A comparative study of emerging economies	31
How does CSR disclosure affect dividend payments in emerging markets?	31
Does corporate internationalization affect corporate social responsibility? Evidence from China	30
The institutional analysis of CSR: Learnings from an emerging country	28
Retail attention, retail trades, and stock price crash risk	28
Board of director attributes and CSR engagement in emerging economy firms: Evidence from across Asia	28
How does stock market liberalization influence corporate innovation? Evidence from Stock Connect scheme in China	26
The effect of voluntary and mandatory corporate social responsibility on earnings management: Evidence from India and the 2% rule	26

How does financial inclusion affect bank stability in emerging economies?	26
Digital start-up access to venture capital financing: What signals quality?	24
The dark side of Bitcoin: Do Emerging Asian Islamic markets help subdue the ethical risk?	24
Corporate cash holdings and promoter ownership	24
Systemic risk, Islamic banks, and the COVID-19 pandemic: An empirical investigation	24
Corporate social responsibility, investor protection, and the cost of equity: Evidence from East Asia	23
Company visits and stock price crash risk: Evidence from China	23
The impact of trade and financial openness on bank loan pricing: Evidence from emerging economies	23
The gender composition of corporate boards and firm performance: Evidence from Russia	23
Who benefits from mandatory CSR? Evidence from the Indian Companies Act 2013	22
Dependence dynamics of stock markets during COVID-19	22
Diversification, efficiency and risk of banks: Evidence from emerging economies	22
Does the green loan policy boost greener production? – Evidence from Chinese firms	21
Customer concentration and corporate social responsibility performance: Evidence from China	21
Political embeddedness, media positioning and corporate social responsibility: Evidence from China	21
Credit risk and bank competition in Sub-Saharan Africa	20
Regulation, ownership and bank performance in the MENA region: Evidence for Islamic and conventional banks	20
Political uncertainty and city bank lending in China: Evidence from city government official changes	20
Air pollution, political costs, and earnings management	18
Government subsidies and firm performance: Evidence from high-tech start-ups in China	18
Corporate social responsibility disclosure in China: Do managerial professional connections and social attention matter?	17
Tail-event driven NETwork dependence in emerging markets	16
International comparison of household asset allocation: Micro-evidence from cross-country comparisons	16
The role of China's aid and ODI in the economic growth of African countries	15
SME lending and banking system stability: Some mechanisms at work	15
CEO facial masculinity, fraud, and ESG: Evidence from South Korea	15
Spillovers and connectedness among BRICS stock markets, cryptocurrencies, and uncertainty: Evidence from the quantile vector autoregression network	15
Identifying systemically important financial institutions in complex network: A case study of Chinese stock market	14
What is the best proxy for liquidity in the presence of extreme illiquidity?	14
Does political turnover affect corporate investment? Evidence from China	14
Measuring China's monetary policy uncertainty and its impact on the real economy	14
Female leadership and bank performance in Latin America	13
Dynamic interdependence of ASEAN5 with G5 stock markets	13
Credit risk in Islamic microfinance institutions: The role of women, groups, and rural borrowers	13
The value of independent directors: Evidence from China	12
Anti-corruption campaign and corporate cash holdings: Evidence from China	12
Earnings management and firms' investment behavior: The threshold effect of ROE	12
The effect of corporate philanthropy on corporate performance of Chinese family firms: The moderating role of religious atmosphere	12
FinTech and the COVID-19 pandemic: Evidence from electronic payment systems	12
Corporate digital transformation and idiosyncratic risk: Based on corporate governance perspective	12
Time and frequency connectedness of uncertainties in cryptocurrency, stock, currency, energy, and precious metals markets	11
Macroprudential policies, economic growth and banking crises	11
The gambling preference and stock price: Evidence from China's stock market	11
Are green bonds priced lower than their conventional peers?	11
Financing patterns in transition economies: Privatized former SOEs versus ab initio private firms	11
How fiscal rules can reduce sovereign debt default risk	11
Spillovers of U.S. monetary policy uncertainty on inflation targeting emerging economies	11
Machine learning and the cross-section of emerging market stock returns	11
Greenium in the Chinese corporate bond market	11
Effect of climate-related risk on the costs of bank loans: Evidence from syndicated loan markets in emerging economies	11

Does air pollution influence investor trading behavior? Evidence from China	11
The process of female borrower discouragement	10
On the prediction of financial distress in emerging markets: What matters more? Empirical evidence from Arab spring countries	10
CEO given names and corporate green investment	10
The value of family control during political uncertainty: Evidence from Thailand's constitutional change in 2014	9
How does economic policy uncertainty affect cross-border M&A: Evidence from Chinese firms	9
Interconnectedness between convertible bonds and underlying stocks in the Chinese capital market: A multilayer network perspective	9
Does empathy matter in corporate social responsibility? Evidence from emerging markets	9
New and future research in corporate finance and governance in China and emerging markets	9
Global commodity and equity markets spillovers to Africa during the COVID-19 pandemic	9
Public participation, investment networks, and China's outward FDI: Evidence from 58 countries along the belt and road	9
Ethical investing and capital structure	9
Outside directors, firm life cycle, corporate financial decisions and firm performance	9
Capacity utilization shifting or resource-seeking? Benefits for Chinese enterprises participating in the belt and road initiative	8
Enforcement actions and systemic risk	8
Insider trading and information asymmetry: Evidence from the Korea Exchange	8
Does share pledging affect firms' use of derivatives? Evidence from China	8
Multiple large shareholders, control contests, and forced CEO turnover	8
Conditional dependence structure and risk spillovers between Bitcoin and fiat currencies	8
National Governance and Corporate Liquidity in Organization of Islamic Cooperation Countries: Evidence based on a Sharia-compliant Liquidity Measure	8
Institutional conditions, economic policy uncertainty and foreign institutional investment in China	8
Political connections, political cycles and stock returns: Evidence from Iran	8
Corporate governance and investment sensitivity to policy uncertainty in Brazil	8
Systemic risk spillovers and the determinants in the stock markets of the Belt and Road countries	8
Measuring households' financial vulnerabilities from consumer debt: Evidence from Chile	8
Corporate fraud under pyramidal ownership structure: Evidence from a regulatory reform	7
ChiNext IPOs' initial returns before and after the 2013 stock market reform: What can we learn?	7
Sanctions against Iran, political connections and speed of adjustment	7
More shareholders, higher liquidity? Evidence from an emerging stock market	7
Insider trading laws and price informativeness in emerging stock markets: The South African case	7
Risk spillover of banking across regions: Evidence from the belt and road countries	7
The Chinese equity index options market	7
Dividend policy and religion: International evidence from firms with Islamic Label	6
Selective pump-and-dump: The manipulation of their top holdings by Chinese mutual funds around quarter-ends	6
Early warning system for risk of external liquidity shock in BRICS countries	6
Strategic behavior of insiders in initial underpricing and long-run underperformance	6
Linear and nonlinear growth determinants: The case of Mongolia and its connection to China	6
Anticorruption, political connections, and corporate cash policy: Evidence from politician downfalls in China	6
Which firms do prefer Islamic debt? An analysis and evidence from global sukuk and bonds issuing firms	6
Central banks' supervisory guidance on corporate governance and bank stability: Evidence from African countries	6
Does the nature of political connection matter for corporate social responsibility engagement? Evidence from China	6
Is organizational slack honey or poison? Experimental research based on external investors' perception	6
News media and insider trading profitability: An emerging country perspective	6
Military executives and corporate outcomes: Evidence from China	6
National culture and socially responsible fund flows	6
Price limits, investor sentiment, and initial public offering underpricing: A quasi-natural experiment based on ChiNext	6
Evaluating the risk factors influencing foreign direct investment in Mongolia's mining sector: A complex network approach	6
The impact of institutional investors' corporate site visits on corporate social responsibility	5
Stock liquidity during COVID-19 crisis: A cross-country analysis of developed and emerging economies, and economic policy uncertainty	5
The intention to use cryptocurrency: A meta-analysis of what we know	5
Monetary policy and wage inequality in South Africa	5
Path dependence and resource availability: Process of innovation activities in Chinese family and non-family firms	5
Hybrid bond issuances by insurance firms	5
Do financial constraints in an unstable emerging economy mitigate the opportunistic behavior of entrenched family owners?	5
Analysis of the performance of Islamic gold-backed cryptocurrencies during the bear market of 2020	5
Government-decentralized power: Measurement and effects	5
Fiscal risk and financial fragility	5
Dual liability and the moderating effect of corporate social responsibility–Evidence from Belt&Road investment of Chinese firms	5
Intraday-of-the-week effects: What do the exchange rate data tell us?	5
Determinants of corporate governance practices in Brazil	5
Do bank loans still convey information to investors? Evidence from the split share structure reform in China	5
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
Does financial liberalization reduce income inequality? Evidence from Africa	4
Investor participation and the volatility-volume relation: Evidence from an emerging market	4
Trade reform, infrastructure investment, and structural transformation in Africa: Evidence from Guinea-Bissau	4
Machine learning portfolios with equal risk contributions: Evidence from the Brazilian market	4
Women to women: Enabling innovation and firm performance in developing countries	4
Evidence of arbitrage trading activity: The case of Chinese metal futures contracts	4
The speed of stock price adjustment to corporate announcements: Insights from Turkey	4
Political career concerns and bank lending in China	4
Impacts of COVID-19 pandemic on corporate cash holdings: Evidence from Korea	4
Dynamic linkage between the Chinese and global stock markets: A normal mixture approach	4
What drives the growth of shadow banks? Evidence from emerging markets	4
Female analysts and COVID-19 corporate donation	4
Dynamic connectedness between global commodity sectors, news sentiment, and sub-Saharan African equities	4
Mixed ownership and firm performance: Evidence from the Chinese venture capital industry	4
Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception	4
Institutional determinants of emerging market returns and flows	4
Individual investors' propensity to speculate and A-share premiums in China's A-shares and H-shares	4

Risk substitution in cryptocurrencies: Evidence from BRICS announcements	3
Origin matters: Institutional imprinting and family firm innovation in China	3
Information assimilation and stock return synchronicity: Evidence from an investor relations management platform	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
Arbitrage risk and the cross-section of stock returns: Evidence from China	3
Rating standards around the world: A puzzle?	3
Geographic proximity and M&As: Evidence from China	3
Does societal trust affect corporate capital structure?	3
Emerging equity markets in a globalized world	3
Unintended investor sentiment on bank financial products: Evidence from China	3
Decomposing the value premium: The role of intangible information in the Chinese stock market	3
Anti-corruption intensity and loan contracting: Evidence from non-state owned firms in China	3
The cyclical behavior of household and corporate credit in emerging economies	3
Can digital finance development improve balanced regional investment allocations in developing countries? — The evidence from China	3
Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions	3
In search for good news: The relationship between accounting information, bounded rationality and hard-to-value stocks	3
Economic policy uncertainty, non-financial enterprises' shadow banking activities and stock price crash risk	3