OOIR: Observatory of International Research

Papers

(The median citation count of Review of Finance is 4. 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 2021-02-01 to 2025-02-01.)

Article	Citations
Correction to: The TIPS Liquidity Premium	958
How do corporate tax hikes affect investment allocation within multinationals?	88
Building trust takes time: limits to arbitrage for blockchain-based assets	85
Does Money Talk? Divestitures and Corporate Environmental and Social Policies	82
Mortgage Debt, Hand-to-Mouth Households, and Monetary Policy Transmission	81
The Distress Anomaly is Deeper than You Think: Evidence from Stocks and Bonds	79
Sovereign Credit Quality and Violations of the Law of One Price	77
Fresh air eases work—the effect of air quality on individual investor activity	75
Life is Too Short? Bereaved Managers and Investment Decisions	67
Cancer and Portfolio Choice: Evidence from Norwegian Register Data	60
Female innovative entrepreneurship and maternity risk	56
Do Insiders Hire CEOs with High Managerial Talent?	53
Optimal Capital Structure and Risk Management Policies of Banks That Use CoCo Futures to Hedge Financial-Sector Risk	53
Expanding Footprints: The Impact of Passenger Transportation on Corporate Locations	52
The term structure of equity yields—a bottom-up approach	51
Precious Neighbors: The Value of Co-Locating with the Government	50
How Does Human Capital Affect Investing? Evidence from University Endowments	48
Capital Gains Tax, Venture Capital, and Innovation in Start-Ups	47
Cash is king? Understanding financing risk in housing markets	46
Debt and taxes: the role of corporate group structure	45
Is news really news? The effects of selective disclosure regulations	41
Optimal Capital Structure with Stock Market Feedback	41
Decomposing Long Bond Returns: A Decentralized Theory	35
ESG shareholder engagement and downside risk	33
Director Expertise and Corporate Sustainability	31

Climate Change Risk and the Cost of Mortgage Credit	30
Sustainable Finance	30
Are Carbon Emissions Associated with Stock Returns?—Reply	29
The labor effects of R&D tax incentives: evidence from VC-backed startups	28
Mutual funds’ strategic voting on environmental and social issues	27
Market accessibility, bond ETFs, and liquidity	27
Dual Ownership and Risk-Taking Incentives in Managerial Compensation	25
Small Business Lending in Financial Crises: The Role of Government-Guaranteed Loans	24
Sources of Value Creation in Private Equity Buyouts of Private Firms	24
Portfolios for Long-Term Investors	22
Regulatory Sandboxes and Fintech Funding: Evidence from the UK	22
Social Networks and Hedge Fund Activism	22
The TIPS Liquidity Premium	19
The Risk of Implicit Guarantees: Evidence from Shadow Banks in China	18
On the Economic Significance of Stock Return Predictability	17
Margin constraints and asset prices	17
The Dollar Profits to Insider Trading	17
Tradable Risk Factors for Institutional and Retail Investors	15
Empirical determinants of momentum: a perspective using international data	15
Liquidity and the strategic value of information	15
Forward Guidance and Corporate Lending	14
Economic Policy Uncertainty and the Yield Curve	14
Cross-Border Bank Flows and Systemic Risk	13
Local IPOs and household stock market participation	12
Indirect Costs of Financial Distress	12
Uniform Mortgage Regulation and Distortion in Capital Allocation	12
What drives commodity price variation?	12
A Theory of the Nominal Character of Stock Securities	11
Do Banks Worry about Attentive Depositors? Evidence from Multiple-Brand Banks	11
Correction to: Finance Leases: In the Shadow of Banks	11
Complementarity of sovereign and corporate debt issuance: mind the gap	11
Do Place-Based Policies Promote Local Innovation and Entrepreneurship?*	10
Credit ratings: strategic issuer disclosure and optimal screening	10
Does Socially Responsible Investing Change Firm Behavior?	10
Moneyness, Underlying Asset Volatility, and the Cross-Section of Option Returns	10
Entrepreneur Death and Startup Performance	10
Common risk factors in cross-sectional FX options returns	9
Impact of Corporate Subsidies on Borrowing Costs of Local Governments: Evidence from Municipal Bonds	9
Asset Prices and Portfolios with Externalities	9
Gate Fees: The Pervasive Effect of IPO Restrictions on Chinese Equity Markets	9
A Sustainable Capital Asset Pricing Model (S-CAPM): Evidence from Environmental Integration and Sin Stock Exclusion	8
Hedge funds and the positive idiosyncratic volatility effect	8
Dissemination, Publication, and Impact of Finance Research: When Novelty Meets Conventionality	8
Do sell-side analysts say “buy” while whispering “sell”?	8
Language and Domain Specificity: A Chinese Financial Sentiment Dictionary	8
Momentum, Reversals, and Investor Clientele	8
Do private firms (mis)learn from the stock market?	8
Passive-Aggressive Trading: The Supply and Demand of Liquidity by Mutual Funds	8
Do investors care about biodiversity?	8
Hub-and-Spoke Regulation and Bank Leverage	7

Corporate governance, meritocracy, and careers	7
Humans in charge of trading robots: the first experiment	7
Erratum to: ADHD Symptoms and Financial Distress	7
Stress Tests, Entrepreneurship, and Innovation	7
Securities law precedents, legal liability, and financial reporting quality	7
The start matters: time-varying investor demand, hedge fund inceptions, and performance	7
Do Responsible Investors Invest Responsibly?	7
Leverage and Cash Dynamics	7
Escaping Air Pollution: Immigrants, Students, and Spillover Effects on Property Prices Abroad	7
Search-Based Peer Groups and Commonality in Liquidity	6
Firm financing through insider stock pledges	6
How Do Options Add Value? Evidence from the Convertible Bond Market	6
Finance Leases: In the Shadow of Banks	6
Whose Disagreement Matters? Household Belief Dispersion and Stock Trading Volume	5
How Important is Affiliation Between Mutual Funds and Distributors for Fund Flows?	5
Does express delivery run ahead of stock price?	5
A Tale of Two Cities: Mainland Chinese Buyers in the Hong Kong Housing Market	5
Market Timing and Predictability in FX Markets	5
Political Networks and Stock Price Comovement: Evidence from Network-Connected Firms in China	5
Strategic borrowing from passive investors	5
Delegated Learning and Contract Commonality in Asset Management	5
Leasing as a Mitigation of Financial Accelerator Effects	5
Learning from Feedback: Evidence from New Ventures*	5
Withdrawn as Duplicate: Bank Stress Testing: Public Interest or Regulatory Capture?	5
The power of the people: labor unions and corporate social responsibility	4
Informed Trading and Momentum in the Corporate Bond Market	4
Correction to: Margin constraints and asset prices	4
Bank Stress Testing: Public Interest or Regulatory Capture?	4
Optimal investment and equilibrium pricing under ambiguity	4
The Value of Employee Satisfaction in Disastrous Times: Evidence from COVID-19	4
The Characteristics and Portfolio Behavior of Bitcoin Investors: Evidence from Indirect Cryptocurrency Investments	4
Comparing Past and Present Inflation	4
Long-Horizon Stock Returns Are Positively Skewed	4
Low Carbon Mutual Funds	4
External financing, technological changes, and employees	4
A good sketch is better than a long speech: evaluate delinquency risk through real-time video analysis	4
Macroeconomic News and Stock–Bond Comovement	4