OOIR: Observatory of International Research

Papers

(The median citation count of Review of Finance is 8. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2022-05-01 to 2026-05-01.)

Article	Citations
The effect of mortgage securitization on asset liquidation decisions	2358
Optimal Capital Structure and Risk Management Policies of Banks That Use CoCo Futures to Hedge Financial-Sector Risk	296
Building trust takes time: limits to arbitrage for blockchain-based assets	261
Director Expertise and Corporate Sustainability	200
Do Banks Worry about Attentive Depositors? Evidence from Multiple-Brand Banks	196
Impact of Corporate Subsidies on Borrowing Costs of Local Governments: Evidence from Municipal Bonds	157
The cryptocurrency elephant in the room	149
Comparing Past and Present Inflation	143
Supervisory cooperation and regulatory arbitrage	135
A disaster explanation of equity term structures	129
Tick Size Wars: The Market Quality Effects of Pricing Grid Competition	127
Property rights, political connections, and corporate investment	126
Asymmetric Information and Corporate Lending: Evidence from SME Bond Markets	95
Securities financing and asset markets: new evidence	80
Trust and delegated investing: a Money Doctors experiment	69
Contracting when enforcement is weak: evidence from an audit study	59
Privacy policies and consumer data extraction: evidence from US firms	58
Debt Renegotiations Outside Distress	57
Move a little closer? Information sharing and the spatial clustering of bank branches	48
Bank presence and health	48
Are Carbon Emissions Associated with Stock Returns? Comment	46
Not in my backyard: intrinsic motivation and corporate pollution abatement	43
Regulatory Sandboxes and Fintech Funding: Evidence from the UK	41
The Risk of Implicit Guarantees: Evidence from Shadow Banks in China	37
Debt and taxes: the role of corporate group structure	36

Liquidity and the strategic value of information	36
Decomposing Long Bond Returns: A Decentralized Theory	35
Fresh air eases work—the effect of air quality on individual investor activity	35
The term structure of equity yields—a bottom-up approach	34
Disaster Relief, Inc.: when is corporate philanthropy good or bad for shareholders?	33
ESG shareholder engagement and downside risk	32
Revisiting board independence mandates: Evidence from director reclassifications	31
Correction to: Finance Leases: In the Shadow of Banks	30
Hedge funds and the positive idiosyncratic volatility effect	29
Do investors care about biodiversity?	27
A “Bad Beta, Good Beta” Anatomy of Currency Risk Premiums and Trading Strategies	26
Understanding households’ bank bond holdings	25
Low Carbon Mutual Funds	24
A good sketch is better than a long speech: evaluate delinquency risk through real-time video analysis	24
The Term Structure of Short Selling Costs	23
Extrapolative income expectations and retirement savings	22
Private Company Valuations by Mutual Funds	21
Circuit breakers and market runs	18
On the valuation skills of corporate bond mutual funds	18
Stock repurchasing bias of mutual funds	18
Macroeconomic News and Stock–Bond Comovement	18
Introduction: Special Issue on China I	18
The Variance Risk Premium in Equilibrium Models	17
Pricing protest: the response of financial markets to social unrest	17
Cross-sectional expected returns: new Fama–MacBeth regressions in the era of machine learning	17
Financial Intermediation, Capital Accumulation, and Crisis Recovery	17
Passive ownership and short selling	17
Determinants of Short-Term Corporate Yield Spreads: Evidence from the Commercial Paper Market	16
When passive funds affect prices: evidence from volatility and commodity ETFs	16
Common ownership and creative destruction: evidence from US consumers	16
Large orders in small markets: execution with endogenous liquidity supply	16
Save more tomorrow, today: experimental evidence on the role of precommitment, urgency, and personalization	15
A New Wolf in Town? Pump-and-Dump Manipulation in Cryptocurrency Markets	15
The green sin: how exchange rate volatility and financial openness affect green premia	15
Expanding Footprints: The Impact of Passenger Transportation on Corporate Locations	14
Capital Gains Tax, Venture Capital, and Innovation in Start-Ups	14
Market accessibility, bond ETFs, and liquidity	14
Cross-Border Bank Flows and Systemic Risk	13
Optimal Capital Structure with Stock Market Feedback	13
Do sell-side analysts say “buy” while whispering “sell”?	13
Asset Prices and Portfolios with Externalities	13
Corporate governance, meritocracy, and careers	12
Correction to: Margin constraints and asset prices	12
Does express delivery run ahead of stock price?	12
Paying off the competition: contracting, market power, and innovation incentives	12
Humans in charge of trading robots: the first experiment	12
Firm financing through insider stock pledges	12
Do Anomalies Really Predict Market Returns? New Data and New Evidence	11
Mobile Apps and Financial Decision Making	11
Responsible Hedge Funds	10

Yield curve momentum	10
The Term Structure of Equity Risk Premia: Levered Noise and New Estimates	10
Social Media and Financial News Manipulation	10
Valuing Data as an Asset	10
Capital Regulations and the Management of Credit Commitments during Crisis Times	10
The Coming Rise in Residential Inflation	10
Are Carbon Emissions Associated with Stock Returns?—Reply	9
Mutual funds’ strategic voting on environmental and social issues	9
Do salient climatic risks affect shareholder voting?	9
On the Economic Significance of Stock Return Predictability	9
Does the level of cash always increase with firm size? Theory and evidence from small firms	9
Bank regulation, investment, and capital requirements under adverse selection	9
Cash is king? Understanding financing risk in housing markets	9
Is one share/one vote optimal?	9
Does Money Talk? Divestitures and Corporate Environmental and Social Policies	8
Dual Ownership and Risk-Taking Incentives in Managerial Compensation	8