OOIR: Observatory of International Research

Papers

(The TQCC of Financial Innovation is 17. 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
From CFOs to crypto: exploratory study unraveling factors in corporate adoption	202
Unlocking the diversification benefits of DeFi for ASEAN stock market portfolios: a quantile study	122
Linear and asymmetric interactions of bank and stock market development in the face of global economic uncertainty: a focus on the Nigerian economy	116
An automated adaptive trading system for enhanced performance of emerging market portfolios	112
A firm-specific Malmquist productivity index model for stochastic data envelopment analysis: an application to commercial banks	107
Green development through disruptive financial technology and modern Belt and Road spillover: a pathway to the net-zero future in Asia, Europe, and Africa	95
Quantitative assessment of the link between economic uncertainty and cryptocurrency sentiment: evidence from QARDL modeling	88
A blockchain and internet of things-based information infrastructure for the Chinese automotive sector carbon-credit market	80
Green finance and brown firms along the chain: environmental gains, economic pains, and supply-chain transmission	78
FDI and Total Factor Productivity: Does the trajectory of FDI matter?	77
Cross-sectional anomalies and conditional asset pricing models based on investor sentiment: evidence from the Chinese stock market	75
Impact of trading hours extensions on foreign exchange volatility: intraday evidence from the Moscow exchange	74
Return direction forecasting: a conditional autoregressive shape model with beta density	72
Unlocking the future of paytech: exploring biometric payment card adoption patterns	71
Carbon emission trading system and stock price crash risk of heavily polluting listed companies in China: based on analyst coverage mechanism	65
The nexus between the financial development and CO2 emissions: fresh evidence through time–frequency analyses	65
A comprehensive MCDM assessment for economic data: success analysis of maximum normalization, CODAS, and fuzzy approaches	62
Factors influencing generative artificial intelligence adoption in Vietnam’s banking sector: an empirical study	57
Cross-moment interaction in multivariate semi-nonparametric densities for risk forecasting	55
Integrating Income-Indices into life insurance and financial products	55
Editor’s introduction	55
Market capitalization shock effects on open innovation models in e-commerce: golden cut q-rung orthopair fuzzy multicriteria decision-making analysis	53
Pattern and determinants of tail-risk transmission between cryptocurrency markets: new evidence from recent crisis episodes	53
A fuzzy BWM and MARCOS integrated framework with Heronian function for evaluating cryptocurrency exchanges: a case study of Türkiye	52
Realized volatility spillovers between energy and metal markets: a time-varying connectedness approach	52

Geographical distance and stock price synchronization: evidence from China	52
LSTM-based detection of adaptive market dynamics in Morocco	50
Striking a balance: the crucial role of climate risk disclosure in correcting overvaluation and undervaluation in stock markets	50
Asymmetric interactions among cutting-edge technologies and pioneering conventional and Islamic cryptocurrencies: fresh evidence from intra-day-based good and bad volatilities	49
The power of financial support in accelerating digital transformation and corporate innovation in China: evidence from banking and capital markets	48
Editor’s introduction	48
Human–AI hybrid finance: from AI tools to decision systems	48
Editor’s introduction	46
Editor’s introduction	46
Upside and downside correlated jump risk premia of currency options and expected returns	44
The use of high-frequency data in cryptocurrency research: a meta-review of literature with bibliometric analysis	43
Drivers of financial app usage in China: an integrated theoretical model	43
Beyond the surface: advanced wash-trading detection in decentralized NFT markets	43
Stock liquidity, financial constraints, and innovation in Chinese SMEs	42
Revisiting the nexus between fiscal decentralization and CO2 emissions in South Africa: fresh policy insights	42
The financial benefits of health engagement programs to life insurers	41
The transaction behavior of cryptocurrency and electricity consumption	41
Editor’s introduction	40
Algorithmic crypto trading using information-driven bars, triple barrier labeling and deep learning	40
Forecasting returns with machine learning and optimizing global portfolios: evidence from the Korean and U.S. stock markets	39
Data analytics to prevent retail credit card fraud: empirical evidence from Latin America	39
Blockchain and digital finance	39
Non-fungible tokens: a bubble or the end of an era of intellectual property rights	38
Valuing options to renew at future market value: the case of commercial property leases	38
Consumer choices under new payment methods	37
Aspiration level, probability of success, and stock returns: an empirical test	37
Does the issuance of green bonds nudge environmental responsibility engagements? Evidence from the Chinese green bond market	36
Does sustainability disclosure improve analysts’ forecast accuracy? Evidence from European banks	34
Trusting the trustless blockchain for its adoption in accounting: theorizing the mediating role of technology-organization-environment framework	34
Dynamic connectedness and hedging opportunities of the commodity and stock markets in China: evidence from the TVP-VAR and cDCC-FIAPARCH	34
Are green bonds and green energy markets hedges for green cryptocurrencies? A quantile VAR approach	33
Global uncertainty and potential shelters: gold, bitcoin, and currencies as weak and strong safe havens for main world stock markets	33
When you need them, they are not there: hedge capacities of cryptocurrencies disappear in downtrend markets	32
Optimal reduction and equilibrium carbon allowance price for the thermal power industry under China’s peak carbon emissions target	32
A hybrid framework for assessing Pakistani commercial bank performance using multi-criteria decision-making	32
Governance of artificial intelligence applications in a business audit via a fusion fuzzy multiple rule-based decision-making model	31
Predicting foreign exchange in emerging markets with a nearest neighbor approach: fundamentals versus online attention indicators	30
Fundamental and speculative components of the cryptocurrency pricing dynamics	30
Jumps and higher-order moments of crude oil and stock sectors in China: new insights from timescales connectedness	29
Digital transformation and corporate financialization: evidence against the tech bubble hypothesis	29
Exploring the relationship between bank liquidity risk and the media sentiment index via big data technology: a study during the COVID-19 pandemic and the Russia–Ukraine conflict	29
Volatility spillovers and portfolio diversification strategies after the 2023 Israel–Hamas conflict	29
Prioritizing real estate enterprises based on credit risk assessment: an integrated multi-criteria group decision support framework	28
Investigating the interplay between green finance, eco-innovation, natural resources, and environmental sustainability: evidence from panel quantile and machine learning approaches	28
Digital remittances and access to alternative financial services among the unbanked population in South Asia: a quasi-experimental approach	28
Changing the whole game: effects of the COVID-19 pandemic's accelerated digitalization on European bank staff's data protection capabilities	28
Herding and investor sentiment after the cryptocurrency crash: evidence from Twitter and natural language processing	28
Innovative financial solutions for sustainable investments using artificial intelligence-based hybrid fuzzy decision-making approach in carbon capture technologies	28
The consumer-to-producer temperature gradient predicts leading indicators: a new economic measurement based on physical principles and cause and effect	27
A novel stochastic modeling framework for coal production and logistics through options pricing analysis	27

Empirical evidence on the ownership and liquidity of real estate tokens	27
From advantage to disadvantage: how FinTech impacts small banks?	27
A structural VAR and VECM modeling method for open-high-low-close data contained in candlestick chart	26
Option pricing mechanisms driven by backward stochastic differential equations	26
On the efficiency and its drivers in the cryptocurrency market: the case of Bitcoin and Ethereum	25
Portfolio management under capital market frictions: a grey clustering approach	25
Implementation of deep learning models in predicting ESG index volatility	25
Incorporating causal notions to forecasting time series: a case study	25
Mediating effect of firm efficiency on the controlling shareholdings–firm performance nexus: evidence from public listed firms in Malaysia	25
A hybrid decision support system with golden cut and bipolar q-ROFSs for evaluating the risk-based strategic priorities of fintech lending for clean energy projects	25
Evaluating the resource management and profitability efficiencies of US commercial banks from a dynamic network perspective	25
Predicting Fintech Innovation Adoption: the Mediator Role of Social Norms and Attitudes	25
Decoding the future: a bibliometric exploration of blockchain in logistics	24
Volatility spillovers from the United States and China to Latin American stock markets	24
Forecasting relative returns for S&P 500 stocks using machine learning	24
A spatial analysis of the use of Bitcoin as a medium of exchange	23
Design of the contingent royalty rate as related to the type of investment	23
Dynamic spatiotemporal correlation coefficient based on adaptive weight	23
Latency arbitrage and the synchronized placement of orders	23
Editor’s introduction	23
An impact assessment of the COVID-19 pandemic on Japanese and US hotel stocks	23
Hybrid fuzzy decision-making approach to DeFi-integrated central bank digital currency platform selection	22
The dynamics of frequency connectedness between technology ETFs and uncertainty indices under extreme market conditions	22
The volatility mechanism and intelligent fusion forecast of new energy stock prices	22
ESG disagreement and corporate debt maturity: evidence from China	22
A probabilistic approach for the valuation of variance swaps under stochastic volatility with jump clustering and regime switching	22
Markets in crypto-assets regulation: Does it provide legal certainty and increase adoption of crypto-assets?	22
A multidimensional review of the cash management problem	22
Tracing the ties that bind: navigating the static and dynamic connectedness between NFTs and equity markets in ASEAN based on QVAR-approach	22
Interlinkages across US sectoral returns: time-varying interconnectedness and hedging effectiveness	22
Asymmetric threshold effects of digitization on inflation in emerging markets	22
Toward transparent and accurate housing price appraisal: Hedonic price models versus machine learning algorithms	21
Google search volume index and investor attention in stock market: a systematic review	21
Market value of R&D, patents, and CEO characteristics	21
Crowdfunding innovative but risky new ventures: the importance of less ambiguous tone	21
Editor’s introduction	21
A systematic bibliometric literature review on digital finance and fintech literature: following the 2SLSS approach	21
The impact of financial innovation, economic complexity, and green technologies on natural resource management in eu countries	21
Trade credit financing for supply chain coordination under financial challenges: a multi-leader–follower game approach	21
Quantile time-frequency connectedness and networks across cryptocurrency markets	20
Bitcoin as a financial asset: a survey	20
Editor’s Introduction: special issue on human-AI interaction in financial decision-making; financial risk management, volatility & forecasting; green finance, sustainable development & climate	20
Impact of sustainability on financial distress in the air transport industry: the moderating effect of Asia–Pacific	20
Analyzing the barriers to blockchain adoption in supply chain finance using an integrated interval-valued Fermatean fuzzy RAFSI model	20
Editorial to special issue “Hidden market linkages between Bitcoin, cryptocurrencies and financial markets: Evidence from high-frequency data and higher-order moments” in financial innovation	20
Financial literacy, behavioral traits, and ePayment adoption and usage in Japan	20
Editor’s introduction	19
Impact of fintech-centric financial inclusion on bank risk-taking: evidence from developing countries	19
Strategic interaction between institutional investors and supervision department: a theoretical analysis of low-price collusion in SBIC	19
Impact of CEO perceived dominance on corporate financial performance: an empirical study based on facial feature extraction via deep learning	19
How likely is it to beat the target at different investment horizons: an approach using compositional data in strategic portfolios	19
Sovereign default network and currency risk premia	19
Did weekly economic index and volatility index impact US food sales during the first year of the pandemic?	19
FDI-growth and trade-growth relationships during crises: evidence from Bangladesh	19
On the robust drivers of cryptocurrency liquidity: the case of Bitcoin	19
Do earthquakes shake the stock market? Causal inferences from Turkey’s earthquake	19
Does every cloud have a silver lining?The effect of digitalization and government measures on bank efficiency during the pandemic	19
Determinants in adopting cashless payments in Europe: a multilevel analysis	18
Determinants of conventional and digital investment advisory decisions: a systematic literature review	18
How are texts analyzed in blockchain research? A systematic literature review	18
Crypto market betas: the limits of predictability and hedging	18
Funder’s characteristics: a systematic literature review on crowdfunding and the application of the TCCM framework to the equity context	18
Unsupervised clustering of bitcoin transactions	18
Elitist-opposition-based artificial electric field algorithm for higher-order neural network optimization and financial time series forecasting	18
Banking fintech and corporate innovation in China’s carbon-intensive industries: evidence from different panel approaches	18
How does a data strategy enable customer value? The case of FinTechs and traditional banks under the open finance framework	18
Dynamics of the relationship between stock markets and exchange rates during quantitative easing and tightening	17
The path towards renewable energy: business transformation processes and inefficient investment	17
Which return regime induces overconfidence behavior? Artificial intelligence and a nonlinear approach	17
Domain adaptation-based multistage ensemble learning paradigm for credit risk evaluation	17
Green assets are not so green: assessing environmental outcomes using machine learning and local projections	17
ETF construction on CRIX	17
Multiobjective portfolio management based on dynamic link prediction	17
FinTech and green public procurement (GPP) in Europe: driving sustainability forward	17
Optimizing the link between ESG and profitability in banks: the role of the One Health perspective	17