International Review of Financial Analysis

1992 - 2025

Current editor(s): B.M. Lucey

From Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 107, issue C, 2025

How digital transformation reduces stock Price crash risk: Unpacking the roles of financing and efficiency

Zhentang Liang, Xuedong Liang, Wenju Wang and Yunying Zhao

How monetary policies and fintech shape the peer effect of corporate financialization: Evidence from China's listed companies

Yongqi Feng, Haolin Zhang and Lei Zhang

When green is no longer a win - new evidence on the shareholder value effects of green bond offerings11The authors would like to thank Konstantinos Bozos, Samit Gupta, Antony Potter, Hai-Anh Tran, and participants at the 2023 British Academy of Management Conference, 2023 Corporate Finance Days, 2023 European Financial Management Association Annual Meeting and Second Credit Scoring and Credit Rating Conference for their helpful comments and suggestions

Marie Dutordoir, Shuyu Li and João Quariguasi Frota Neto

Multiscale risk spillovers among critical mineral markets - insights from conditional and aggregated connectedness approach

Jiajia Wei, Wang Gao and Hongwei Zhang

Does information connectivity affect tunneling: Evidence from a quasi-natural experiment

Xinlu Zhao, Xin Wang, Xiaoen Liu and Xiaodong Tang

Quality differences, location, and coffee price returns networks: Insights from a high-dimensional CoVaR-copula analysis

Luis Fernando Melo-Velandia, Jesús Otero and Mahicol Stiben Ramírez-González

How intellectual property protection enhances data capitalization: The mediating effects of resources and willingness to capitalize on data

Yu Wang and Fan Dong

Intellectual property protection and corporate data-breach risks

Yu Wang and Qin Wang

Biodiversity risk and corporate debt maturity

Kiet Tuan Duong, Thong Trung Nguyen and Huong Thi Xuan Tram

Tracing the evolution of finance research: A topic modeling analysis of AJG-ranked journals

Yang Su, Brian M. Lucey, Ashish Kumar Jha and Yuqi Zheng

ESG rating disagreement and the cost of equity financing

Ye He, Yuetong Pan, Tao Shan and Yanyu Zhou

FinTech development and corporate green total factor productivity

Donghai Li and Peng Wang

Social credit and supply chain resilience: Insights from China's social credit system construction

Donghua Zhou, Yuanyuan Yang and Yujie Zhao

Dynamic corporate payout smoothing: A structural vector autoregressive model

Antonio Renzi, Pietro Taragoni and Gianluca Vagnani

Structural evolution of industry association networks in Chinese stock market under major event shocks: A comparative analysis of two crises based on partial Granger causal networks

Can-Zhong Yao and Yan-Li Li

Value effects of sovereign wealth funds' exclusionary policies: The case of the Norwegian government pension fund-global (NGPF-G)

Isaac Otchere and Hanh Hong Thi Phan

Are big banks too-big-to-fail? An investigation into the size premium and scale economies for European banks

Maryam Hasannasab, Dimitris Margaritis and Maria Psillaki

From chains to gains: How green supply chain management drives green innovation in Chinese manufacturing

Zhiqiao Xiong, Jianjiang Liu, Daqian Shi and Jin Hu

Climate risk, environmental supervision, and corporate green innovation

Jian Zhou and Yin Feng

Biodiversity risk and agricultural futures markets

Qiaoqi Lang, Chenyu Li, Lixuan Wen and Hanlin Wu

Reductions of external director liability and corporate payout policy

Chia-Wei Huang and Chih-Yen Lin

Impact of supply chain digitalization on total factor productivity of agricultural enterprises

Zijian Zhao, Qiang Liu and Yunzhe Qiu

Research on the impact of extended life expectancy on household risk asset allocation: Examining the moderating effects of human capital accumulation

Chenyu Kang and Xiaoyu Xie

A study of the impact of digital finance on the economic development of Latin American countries

Yaoxin Sun

Digital transformation, product market competition, and dynamic adjustment of working capital

Xiaotao Li and Hua Zhou

The influence of carbon risk on debt structure

Hamdi Ben-Nasr, Shabeen Afsar Basha and Syed Shams

Corporate reputation, information disclosure and cost of capital

Zhijie Yang and Zezhong Yang

How the Four Asian Tigers navigate systemic risk: A Basel framework perspective

Baolin Ma, Siqintana,, Kung-Cheng Ho and Shih-Cheng Lee

Home bias, sovereign-bank nexus and bank failure – Evidence from European stress tests

Dominik Meyland and Dorothea Schäfer

Capital allocation efficiency of SMEs: Global evidence

Liang Ma and Xiaowen Zhang

Measuring name concentrations through deep learning

Eva Lütkebohmert and Julian Sester

Artificial intelligence and investment management: Structure, strategy, and governance

Charilaos Mertzanis

Does participation in pension insurance promote or inhibit high-quality economic development? A heterogeneity and threshold effects analysis

Yongfang Li, Mei Ge and Yifeng Liu

The impact of strict environmental regulations on firms heterogeneous choices of pollutant abatement technology

Zheming Yan, Yutong Lin, Kerui Du and Shuai Shao

Internationalization labels of executives and corporate innovation—Form over substance?

Haiyue Pan, Xue Lei and Ouwen Lin

Does digitalizing supply chains enhance corporate financial stability?

Ying Yu, Haoyang Wu and Yijiang Tan

Stock market participation, work from home, and inequality

Lorenz Meister, Lukas Menkhoff and Carsten Schröder

Impact of drinking cultures on audit fees: Improving communication, familiarizing with clients, or facilitating bribery?

Jianhua Tan, Wen Li and Tao Chen

Managerial overconfidence and pay-for-luck

Wei, Xiaoqin (Alex)

Are investors influenced by the textual information in IPO prospectuses? Examining IPO pricing based on textual information management

Yue Ma, Yongqing Li and Zijie Li

New environmental protection law, polluting enterprises and capital structure: A dynamic analysis

Nianling Wang, Jiacheng Song and Zichen Chao

Social trust and fertility intentions: Evidence from China with causal and structural insights

Xin Deng, Yang Wang and Xiaobo Tao

Local government implicit debt and corporate bankruptcy: Evidence from China

Liang Yin, Shiyang Hu and Huijun Yan

Is carbon price uncertainty priced in the corporate bond yield spreads? Evidence from Chinese corporate bond markets

Bin Li, Han Wang and Yanyi Ye

SCF credit risk assessment with limited labeled data using label propagation algorithm and complex network approaches

Qiaosheng Peng, You Zhu and Gang-Jin Wang

Sustainable and socially responsible finance: Introduction

Salvatore Perdichizzi and Giuseppe Torluccio

Corporate disclosure quality and financing constraints: Evidence from chinese listed companies

Shuai Huang, Dongliang Pan, Shengyang Zhong and Zhenxiang Cao

A protective shield for banks: How fintech curbs earnings manipulation through information transparency and financing constraints

Wenyi Li, Tang Li, Wenhao Shi, Yuqing Long and Wenyu Liu

ESG disclosure vs. ESG ratings: Consistent information value?

Andreas Oehler and Charlotte Neuss

Impact of extreme weather events on manufacturing productivity: Evidence from typhoon shocks in China

Meiqi Shao, Jieyu Li, Changzheng Zhang and Xiaomin Zhang

Corrigendum to “How do data assets affect firm investment?” [International Review of Financial Analysis 106(2025) / Page 1–12/Article Number 104526]

Shengpeng Xiao, Kedong Wu, Xiao Xiao and Changqing Lin

Digital finance, entrepreneurial activity and urban industrial structure upgrading

Fenghui Xu, Ge Gao and Ziyu Li

Investor sentiment, financing constraints, and corporate risk-taking: Mechanisms and heterogeneity analysis

Cui-Xia Zhao, Yan Li and Hao-Kui Wang

The impact of US experience on financial reporting comparability between Chinese firms and their US industry peers

Ao Shu, Ziru Lian, Lili Jiu, Wei Zhang and Fengwen Chen

AI and carbon pricing in turbulent times: Navigating market dynamics for a sustainable future

Ahmed H. Elsayed, Rabeh Khalfaoui, Dongna Zhang and Andrew Urquhart

Business tax reform and human capital in service industry firms: Evidence from China

Zhinan Liu, Chao Han and Wendi Hou

Impact of client information technology applications on audit fees

Chenxi Wang, Wenqi Han, Deli Wang and Xincai Deng

Leverage effects, volatility innovation spillovers, and inter- and intra-market asymmetric dependencies in cryptocurrencies and CFDs on equity indices: Evidence from high-frequency around-the-clock data

Fahad Ali and Muhammad Usman Khurram

Does digital poverty exacerbate household financial fragility?

Xuxia Ma and Cheng Liu

National civilized city award and corporate earnings management

Xuemei Xiong, Ruoting Zheng, Chenlan Liu and Xuanhao Huang

Governance or collusion? Shareholders' network and corporate ESG greenwashing

Jinkun Yang, Hai Wang, Congcong Hou and Shaozheng Fu

Autoencoder asset pricing models and economic restrictions — international evidence

Lenka Nechvátalová

Institutional investor distraction and executive opportunistic stock selling

Jiahui Cao, Cheng Jiang, Yunning Zhao and Jianhui Zeng

mRORAC: A stable and market adapted risk-adjusted performance measure for capital allocation

Ermo Chen and Lan Wu

Corporate governance mechanisms and non-financial disclosure quality: Evidence from sustainability committee, external CSR assurance, and stakeholder engagement

Ishwar Khatri, Paul Einar Giskås, Anneli Kalliainen Kyrrø and Frode Kjærland

Green finance as a catalyst for energy transition: Green total factor productivity and digital economy

Ting Xu, Siyuan Xuan and Xiaoqin Xuan

The effect of digital government construction on the enhancement of public governance capacity: An analysis based on financial information transparency

Fanhao Bu

The “Cinderella” effect in business groups: Choosing which subsidiary is the princess

Jan Hanousek, Mark J. Flannery, Stephen P. Ferris, Jan Hanousek and Svatopluk Kapounek

Can capital market supervision enhance corporate business credit?

Xinqian Li and Duo An

Financial technology empowerment, investor attention, and corporate investment efficiency

Tianchen Wang, Ziliang Xie, Chaofei Du and Zhangfan Cheng

The dynamic effects of evolution of ESG disclosure regimes on corporate financing constraints

Min Ma, Chengjun Zhang and Rui Zhang

The impact of AIGC technology penetration in Fintech on entrepreneurship of small and medium-sized enterprises

Chenyu Guo, Hongye Zhang, Youwei Chai, Hao Gao and Rongjie Lv

Data asset disclosures tilt audit tone: evidence from china's A-share market

Xiaofan Wang and Lili Yao

Geopolitical risk, financial stress and renewable energy transition in China

Xiaomei Su, Shangmei Zhao, Wei Li and Wei Fan

The impact of rookie CEOs on corporate risk-taking

Linfei Zhong and Yuanqiong He

Assembly supply chain decision-making: Manufacturers' emission reduction strategies under mixed carbon policies

Haodong Chen, Shuo Wang, Chenliang Zhu, Quanwei Ren and Zewei Long

The spillover effect of customer annual report tone on supplier ESG decisions

Xiao Zeng, Yingying Xin and Kai Xiang