OOIR: Observatory of International Research

Papers

(The TQCC of Financial Innovation is 10. 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
The social representation of fintech from the perspective of traditional financial sector professionals: evidence from Brazil	236
Cryptocurrency competition: empirical testing of Hayek’s vision of private monies	210
Latency arbitrage and the synchronized placement of orders	157
The effects of skewness and kurtosis on production and hedging decisions: a Gram-Charlier expansion approach	116
Portfolio diversification benefits of alternative currency investment in Bitcoin and foreign exchange markets	90
Cue the volatility spillover in the cryptocurrency markets during the COVID-19 pandemic: evidence from DCC-GARCH and wavelet analysis	77
Impact of learning through credit and value creation on the efficiency of Japanese commercial banks	75
A theory of very short-time price change: security price drivers in times of high-frequency trading	73
Design of the contingent royalty rate as related to the type of investment	72
An impact assessment of the COVID-19 pandemic on Japanese and US hotel stocks	65
To supervise or to self-supervise: a machine learning based comparison on credit supervision	64
Asymmetric relationship between global and national factors and domestic food prices: evidence from Turkey with novel nonlinear approaches	60
Editor’s introduction	58
Are suspicious activity reporting requirements for cryptocurrency exchanges effective?	53
Relationship between fintech by Google search and bank stock return: a case study of Vietnam	52
Dynamic spatiotemporal correlation coefficient based on adaptive weight	52
From CFOs to crypto: exploratory study unraveling factors in corporate adoption	51
Interlinkages across US sectoral returns: time-varying interconnectedness and hedging effectiveness	50
Industry return lead-lag relationships between the US and other major countries	49
Recent innovation in benchmark rates (BMR): evidence from influential factors on Turkish Lira Overnight Reference Interest Rate with machine learning algorithms	48
Asymmetric threshold effects of digitization on inflation in emerging markets	48
Voluntary tax compliance behavior of individual taxpayers in Pakistan	45
The effect of overseas investors on local market efficiency: evidence from the Shanghai/Shenzhen–Hong Kong Stock Connect	44
A closed-form pricing formula for European options in an illiquid asset market	43
Default or profit scoring credit systems? Evidence from European and US peer-to-peer lending markets	42

To jump or not to jump: momentum of jumps in crude oil price volatility prediction	41
Detecting the lead–lag effect in stock markets: definition, patterns, and investment strategies	39
Private banking development in China under two organizational structures: Economic analysis from an organizational innovation perspective	38
The function and impact of cryptocurrency and data technology in the context of financial technology: introduction to the issue	36
Contingent convertible lease modeling and credit risk management	35
A socioeconomic approach to the profile of microcredit holders from the Hispanic minority in the USA	34
Basel III FRTB: data pooling innovation to lower capital charges	34
Dynamic portfolio choice with uncertain rare-events risk in stock and cryptocurrency markets	32
Editor’s introduction	32
How do emotions affect giving? Examining the effects of textual and facial emotions in charitable crowdfunding	32
Relationships among return and liquidity of cryptocurrencies	31
Probability of informed trading during the COVID-19 pandemic: the case of the Romanian stock market	31
Managing crash risks through supply chain transparency: evidence from China	30
The method of residual-based bootstrap averaging of the forecast ensemble	28
Tokenomics in the Metaverse: understanding the lead–lag effect among emerging crypto tokens	28
Impact of trading hours extensions on foreign exchange volatility: intraday evidence from the Moscow exchange	28
Carbon emission trading system and stock price crash risk of heavily polluting listed companies in China: based on analyst coverage mechanism	28
Fintech platforms: Lax or careful borrowers’ screening?	27
Exploring Bitcoin dynamics against the backdrop of COVID-19: an investigation of major global events	27
Features of different asset types and extreme risk transmission during the COVID-19 crisis	27
Can ETFs affect U.S. financial stability? A quantile cointegration analysis	26
Analysis of financial development and open innovation oriented fintech potential for emerging economies using an integrated decision-making approach of MF-X-DMA and golden cut bipolar q-ROFSs	25
A probabilistic approach for the valuation of variance swaps under stochastic volatility with jump clustering and regime switching	25
Financial markets implications of the energy transition: carbon content of energy use in listed companies	25
Triggering economic growth to ensure financial stability: case study of Northern Cyprus	24
Co-movement of commodity price indexes and energy price index: a wavelet coherence approach	24
A multidimensional review of the cash management problem	24
Price dynamics and volatility jumps in bitcoin options	24
A firm-specific Malmquist productivity index model for stochastic data envelopment analysis: an application to commercial banks	24
A self-employed taxpayer experimental study on trust, power, and tax compliance in eleven countries	24
Financial ambiguity and oil prices	24
Introduction to the special issue on Impact of COVID-19 and cryptocurrencies on the global financial market	23
Spillovers of US unconventional monetary policy: quantitative easing, spreads, and international financial markets	22
Robust monitoring machine: a machine learning solution for out-of-sample R$$^2$$-hacking in return predictability monitoring	22
Complex network analysis of global stock market co-movement during the COVID-19 pandemic based on intraday open-high-low-close data	21
COVID-19 pandemic and the crude oil market risk: hedging options with non-energy financial innovations	21
Impact of CEO attributes on corporate reputation, financial performance, and corporate sustainable growth: evidence from India	21
Unlocking the diversification benefits of DeFi for ASEAN stock market portfolios: a quantile study	20
Asymmetries in factors influencing non-fungible tokens’ (NFTs) returns	20
ESG disagreement and corporate debt maturity: evidence from China	20
The effect of fintech M&As on short-term stock return in the context of macroeconomic environment	20
CEO political orientation and loan contract	20
Fintech, regtech, and financial development: evidence from China	20
Tracing the ties that bind: navigating the static and dynamic connectedness between NFTs and equity markets in ASEAN based on QVAR-approach	19
A blockchain and internet of things-based information infrastructure for the Chinese automotive sector carbon-credit market	19
A comprehensive MCDM assessment for economic data: success analysis of maximum normalization, CODAS, and fuzzy approaches	18
Investigation of the relationship between number of tweets and USDTRY exchange rate with wavelet coherence and transfer entropy analysis	18
Return direction forecasting: a conditional autoregressive shape model with beta density	18
Dynamic connectedness between stock markets in the presence of the COVID-19 pandemic: does economic policy uncertainty matter?	18
ICOs conceptual unveiled: scholarly review of an entrepreneurial finance innovation	18

Speculative bubbles and herding in cryptocurrencies	17
Does country risk impact the banking sectors’ non-performing loans? Evidence from BRICS emerging economies	17
Return and volatility spillovers between non-fungible tokens and conventional currencies: evidence from the TVP-VAR model	17
The volatility mechanism and intelligent fusion forecast of new energy stock prices	16
COVID-19 and instability of stock market performance: evidence from the U.S.	16
Investigating the components of fintech ecosystem for distributed energy investments with an integrated quantum spherical decision support system	16
The role of natural resources in financial expansion: evidence from Central Asia	16
Impact of the COVID-19 outbreak on the US equity sectors: Evidence from quantile return spillovers	16
COVID-19 pandemic risk and probability of loan default: evidence from marketplace lending market	16
Non-Value-Added Tax to improve market fairness and quality	16
Deep learning for Bitcoin price direction prediction: models and trading strategies empirically compared	16
DeepPricing: pricing convertible bonds based on financial time-series generative adversarial networks	16
The nexus between the financial development and CO2 emissions: fresh evidence through time–frequency analyses	15
Markets in crypto-assets regulation: Does it provide legal certainty and increase adoption of crypto-assets?	15
Monetary policy shocks and multi-scale positive and negative bubbles in an emerging country: the case of India	15
Copula-based trading of cointegrated cryptocurrency Pairs	15
Correction to: High frequency multiscale relationships among major cryptocurrencies: portfolio management implications	15
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	14
Machine learning approach to drivers of bank lending: evidence from an emerging economy	14
Exploring the asymmetric effect of COVID-19 pandemic news on the cryptocurrency market: evidence from nonlinear autoregressive distributed lag approach and frequency domain causality	14
Editor’s introduction	14
Intelligent option portfolio model with perspective of shadow price and risk-free profit	14
Analyzing time–frequency connectedness between cryptocurrencies, stock indices, and benchmark crude oils during the COVID-19 pandemic	14
Editor’s introduction	14
Are life insurance futures a safe haven during COVID-19?	14
Network DEA based on DEA-ratio	14
Impact of green digital finance on sustainable development: evidence from China’s pilot zones	13
Analysis of crowdfunding platforms for microgrid project investors via a q-rung orthopair fuzzy hybrid decision-making approach	13
On the factors of Bitcoin’s value at risk	13
Take Bitcoin into your portfolio: a novel ensemble portfolio optimization framework for broad commodity assets	13
Realized volatility spillovers between energy and metal markets: a time-varying connectedness approach	13
Editor’s introduction	13
Intraday patterns of price clustering in Bitcoin	13
Consensus-based multidimensional due diligence of fintech-enhanced green energy investment projects	13
Trade credit financing for supply chain coordination under financial challenges: a multi-leader–follower game approach	13
A Markov regenerative process with recurrence time and its application	13
The nature and sources of international variation in formal institutions related to initial coin offerings: preliminary findings and a research agenda	12
Global shocks and fiscal stimulus: a tale of an oil-dependent-exporting country	12
Stock price index analysis of four OPEC members: a Bayesian approach	12
Editor’s introduction	12
Long-term effects of institutional quality on financial inclusion in Asia–Pacific countries	12
Asymmetric interactions among cutting-edge technologies and pioneering conventional and Islamic cryptocurrencies: fresh evidence from intra-day-based good and bad volatilities	12
Adoption of digital transformation from a firm’s creation to decline: the role of China’s mass entrepreneur and innovation campaign	11
Relationship between green bonds and carbon neutrality: evidence from top five emitting countries’ sectoral CO2 emissions	11
Mapping the research landscape of blockchain and crowdfunding	11
Microfinance for change: how financial innovation enables structural transformation	11
Market value of R&D, patents, and CEO characteristics	11
Analyzing the barriers to blockchain adoption in supply chain finance using an integrated interval-valued Fermatean fuzzy RAFSI model	11
High frequency multiscale relationships among major cryptocurrencies: portfolio management implications	11
Estimation of the probability of informed trading models via an expectation-conditional maximization algorithm	11
A novel fuzzy decision-making approach to pension fund investments in renewable energy	11
Extreme dependencies and spillovers between gold and stock markets: evidence from MENA countries	10
Drawdown-based risk indicators for high-frequency financial volumes	10
Stock return prediction with multiple measures using neural network models	10
Asymmetric risk contagion effect of the interaction between the real economy and the financial sector—an analysis based on the domestic commodity price index	10
Google search volume index and investor attention in stock market: a systematic review	10
Does communication increase investors’ trading frequency? Evidence from a Chinese social trading platform	10
FinTech: a literature review of emerging financial technologies and applications	10
Pricing, management and decision-making of financial markets with artificial intelligence: introduction to the issue	10
Store of value or speculative investment? Market reaction to corporate announcements of cryptocurrency acquisition	10