OOIR: Observatory of International Research

Papers

(The median citation count of Review of Finance is 6. 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 2022-08-01 to 2026-08-01.)

Article	Citations
Optimal Capital Structure and Risk Management Policies of Banks That Use CoCo Futures to Hedge Financial-Sector Risk	330
The effect of mortgage securitization on asset liquidation decisions	302
Director Expertise and Corporate Sustainability	214
Building trust takes time: limits to arbitrage for blockchain-based assets	179
Do Banks Worry about Attentive Depositors? Evidence from Multiple-Brand Banks	177
Tail risk and asset prices in the short-term	158
Trading in your Golden Years: The Effects of Early Pension Withdrawal on Individual Investments	154
Impact of Corporate Subsidies on Borrowing Costs of Local Governments: Evidence from Municipal Bonds	141
Competition and loan contracting	113
Information Flows and Systematic Risk	87
The cryptocurrency elephant in the room	76
Comparing Past and Present Inflation	67
Asymmetric Information and Corporate Lending: Evidence from SME Bond Markets	62
Supervisory cooperation and regulatory arbitrage	61
A disaster explanation of equity term structures	56
Property rights, political connections, and corporate investment	55
Are Carbon Emissions Associated with Stock Returns? Comment	52
Move a little closer? Information sharing and the spatial clustering of bank branches	50
Securities financing and asset markets: new evidence	49
Contracting when enforcement is weak: evidence from an audit study	44
Debt Renegotiations Outside Distress	41
Privacy policies and consumer data extraction: evidence from US firms	37
Bank presence and health	36
Trust and delegated investing: a Money Doctors experiment	36
High-end IPO prices	35

Not in my backyard: intrinsic motivation and corporate pollution abatement	34
The term structure of equity yields—a bottom-up approach	33
Liquidity and the strategic value of information	30
The Risk of Implicit Guarantees: Evidence from Shadow Banks in China	29
Decomposing Long Bond Returns: A Decentralized Theory	26
Fresh air eases work—the effect of air quality on individual investor activity	23
How perception affects house prices: evidence from failed auctions	22
Debt and taxes: the role of corporate group structure	22
ESG shareholder engagement and downside risk	22
Disaster Relief, Inc.: when is corporate philanthropy good or bad for shareholders?	20
Collateral scarcity and market functioning: insights from the Eurosystem securities lending facilities	19
Regulatory Sandboxes and Fintech Funding: Evidence from the UK	19
Revisiting board independence mandates: Evidence from director reclassifications	19
Local Informed Investors and Bond Offerings	19
Hedge funds and the positive idiosyncratic volatility effect	18
Selling trading advantages in financial markets	18
Do investors care about biodiversity?	18
A good sketch is better than a long speech: evaluate delinquency risk through real-time video analysis	17
A “Bad Beta, Good Beta” Anatomy of Currency Risk Premiums and Trading Strategies	17
Understanding households’ bank bond holdings	17
Low Carbon Mutual Funds	16
Circuit breakers and market runs	16
Personal financial advice and portfolio quality	16
Macroeconomic News and Stock–Bond Comovement	15
Venture capitalists versus deep-pocketed incumbents: startup financing strategies in the presence of competitive threats	15
Extrapolative income expectations and retirement savings	15
On the valuation skills of corporate bond mutual funds	14
Cross-sectional expected returns: new Fama–MacBeth regressions in the era of machine learning	14
The Term Structure of Short Selling Costs	14
The Variance Risk Premium in Equilibrium Models	14
Stock repurchasing bias of mutual funds	13
Pricing protest: the response of financial markets to social unrest	13
Financial Intermediation, Capital Accumulation, and Crisis Recovery	13
A New Wolf in Town? Pump-and-Dump Manipulation in Cryptocurrency Markets	12
Common ownership and creative destruction: evidence from US consumers	12
The green sin: how exchange rate volatility and financial openness affect green premia	12
Large orders in small markets: execution with endogenous liquidity supply	12
Passive ownership and short selling	11
Expanding Footprints: The Impact of Passenger Transportation on Corporate Locations	11
When passive funds affect prices: evidence from volatility and commodity ETFs	11
Save more tomorrow, today: experimental evidence on the role of precommitment, urgency, and personalization	11
Cybersecurity and financial stability	11
Market accessibility, bond ETFs, and liquidity	11
Capital Gains Tax, Venture Capital, and Innovation in Start-Ups	10
Optimal Capital Structure with Stock Market Feedback	10
Cross-Border Bank Flows and Systemic Risk	10
Excess reserves and monetary policy tightening	9
Asset Prices and Portfolios with Externalities	9
Finance and product markets	9
Corporate governance, meritocracy, and careers	8

Humans in charge of trading robots: the first experiment	8
Opacity, signaling, and bail-ins	8
Correction to: Margin constraints and asset prices	8
Does express delivery run ahead of stock price?	8
Do sell-side analysts say “buy” while whispering “sell”?	8
Firm financing through insider stock pledges	8
Social Media and Financial News Manipulation	7
Paying off the competition: contracting, market power, and innovation incentives	7
Yield curve momentum	7
Trading ahead of barbarians’ arrival at the gate: insider trading on noninside information	7
Capital Regulations and the Management of Credit Commitments during Crisis Times	7
Do Anomalies Really Predict Market Returns? New Data and New Evidence	7
Bank regulation, investment, and capital requirements under adverse selection	6
Side effects of separating retail and investment banking: Evidence from the United Kingdom	6
Do salient climatic risks affect shareholder voting?	6
Does the level of cash always increase with firm size? Theory and evidence from small firms	6
Are Carbon Emissions Associated with Stock Returns?—Reply	6
Behavioral messages and debt repayment	6
Valuing Data as an Asset	6
The Coming Rise in Residential Inflation	6
Financial advice and retirement savings	6
The Term Structure of Equity Risk Premia: Levered Noise and New Estimates	6
Is one share/one vote optimal?	6
Sustainable Finance	6