OOIR: Observatory of International Research

Papers

(The TQCC of Review of Finance is 15. 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 2021-05-01 to 2025-05-01.)

Article	Citations
Optimal Capital Structure and Risk Management Policies of Banks That Use CoCo Futures to Hedge Financial-Sector Risk	1228
Sources of Value Creation in Private Equity Buyouts of Private Firms	144
Director Expertise and Corporate Sustainability	119
Mortgage Debt, Hand-to-Mouth Households, and Monetary Policy Transmission	116
Building trust takes time: limits to arbitrage for blockchain-based assets	116
Climate Change Risk and the Cost of Mortgage Credit	114
Do Banks Worry about Attentive Depositors? Evidence from Multiple-Brand Banks	99
Forward Guidance and Corporate Lending	97
How Important is Affiliation Between Mutual Funds and Distributors for Fund Flows?	88
Impact of Corporate Subsidies on Borrowing Costs of Local Governments: Evidence from Municipal Bonds	88
Property rights, political connections, and corporate investment	80
Supervisory cooperation and regulatory arbitrage	73
Experience Effects in Finance: Foundations, Applications, and Future Directions	70
Tick Size Wars: The Market Quality Effects of Pricing Grid Competition	66
Comparing Past and Present Inflation	65
Asymmetric Information and Corporate Lending: Evidence from SME Bond Markets	65
Debt Renegotiations Outside Distress	63
Securities financing and asset markets: new evidence	62
Contracting when enforcement is weak: evidence from an audit study	62
Trust and delegated investing: a Money Doctors experiment	60
Are Carbon Emissions Associated with Stock Returns? Comment	55
Move a little closer? Information sharing and the spatial clustering of bank branches	54
The Costs and Benefits of Liquidity Regulations: Lessons from an Idle Monetary Policy Tool	49
Not in my backyard: intrinsic motivation and corporate pollution abatement	48
Bear Beta or Speculative Beta?—Reconciling the Evidence on Downside Risk Premium	43

Political Beta	42
Disaster Relief, Inc.: when is corporate philanthropy good or bad for shareholders?	37
The term structure of equity yields—a bottom-up approach	37
Liquidity and the strategic value of information	36
Debt and taxes: the role of corporate group structure	35
Decomposing Long Bond Returns: A Decentralized Theory	33
Fresh air eases work—the effect of air quality on individual investor activity	30
The Risk of Implicit Guarantees: Evidence from Shadow Banks in China	30
Regulatory Sandboxes and Fintech Funding: Evidence from the UK	29
ESG shareholder engagement and downside risk	27
Uniform Mortgage Regulation and Distortion in Capital Allocation	26
Correction to: Finance Leases: In the Shadow of Banks	25
Hedge funds and the positive idiosyncratic volatility effect	24
Momentum, Reversals, and Investor Clientele	23
Do investors care about biodiversity?	22
Revisiting board independence mandates: Evidence from director reclassifications	22
Do Place-Based Policies Promote Local Innovation and Entrepreneurship?*	20
Understanding households’ bank bond holdings	19
A good sketch is better than a long speech: evaluate delinquency risk through real-time video analysis	19
How Do Options Add Value? Evidence from the Convertible Bond Market	18
Macroeconomic News and Stock–Bond Comovement	18
Low Carbon Mutual Funds	18
The Term Structure of Short Selling Costs	17
Private Company Valuations by Mutual Funds	16
Circuit breakers and market runs	16
Extrapolative income expectations and retirement savings	16
The Variance Risk Premium in Equilibrium Models	15
Stock repurchasing bias of mutual funds	15
Introduction: Special Issue on China I	15