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 78, issue C, 2021

Corporate cash and governance: A global look into publicly-traded companies' aggregate cash ratios

Kei-Ichiro Inaba

The existence and severity of the forward premium puzzle during tranquil and turbulent periods: Developed versus developing country currencies

Ali A. Shehadeh, Youwei Li, Samuel A. Vigne, Mohammad I. Almaharmeh and Yizhi Wang

Sovereign credit ratings during the COVID-19 pandemic

Yen Tran, Huong Vu, Patrycja Klusak, Moritz Kraemer and Tri Hoang

Herding and market volatility

Tianlun Fei and Xiaoquan Liu

Multilayer financial networks and systemic importance: Evidence from China

Jie Cao, Fenghua Wen, H. Eugene Stanley and Xiong Wang

High-technology development zones and innovation in knowledge-intensive service firms: Evidence from Chinese A-share listed firms

Qunxi Kong, Rongrong Li, Dan Peng and Zoey Wong

Organizational non-compliance with principles-based governance provisions and corporate risk-taking

Sardar Ahmad, Saeed Akbar, Anwar Halari and Syed Zubair Shah

Abnormal investment and firm performance

Siqi Liu, Chao Yin and Yeqin Zeng

Detecting stock market manipulation via machine learning: Evidence from China Securities Regulatory Commission punishment cases

Qingbai Liu, Chuanjie Wang, Ping Zhang and Kaixin Zheng

COVID-19 Pandemic and firm-level dynamics in the USA, UK, Europe, and Japan

Wasim Ahmad, Ali Kutan, Rishman Jot Kaur Chahal and Ruth Kattumuri

Can digital financial inclusion promote China's economic growth?

Yang Liu, Lin Luan, Weilong Wu, Zhiqiang Zhang and Yen Hsu

Temperature and trading behaviours

Huajin Liu, Wei Zhang, Xiaotao Zhang and Jia Liu

What do we know about the second moment of financial markets?

Klaus Grobys

Competition for visibility: When do (FX) signal providers employ lotteries?

Julian Schneider and Andreas Oehler

How do macroeconomic news surprises affect round-the-clock price discovery of gold?

Neharika Sobti, Sanjay Sehgal and Balakrishnan Ilango

Leverage and systemic risk pro-cyclicality in the Chinese financial system

Peter Cincinelli, Elisabetta Pellini and Giovanni Urga

Media sentiment and short stocks performance during a systemic crisis

Zaghum Umar, Oluwasegun Adekoya, Johnson Oliyide and Mariya Gubareva

Disclosure by firms under voting pressure

Xianjue Wang

Investor sentiment in the equity market and investments in corporate-bond funds

Mohd. Anisul Islam

A comprehensive look at stock return predictability by oil prices using economic constraint approaches

Feng Ma, Ruoxin Wang, Xinjie Lu and M.I.M. Wahab

Unskilled fund managers: Replicating active fund performance with few ETFs

Fernando Moraes, Elias Cavalcante-Filho and Rodrigo De-Losso

Long-term foreign exchange risk premia and inflation risk

Daehwan Kim and Fabio Moneta

Value at risk, mispricing and expected returns

Baochen Yang and Yao Ma

Corporate social responsibility and inside debt: The long game

Bonnie G. Buchanan, Cathy Xuying Cao and Shuhui Wang

Investors' reactions and firms' actions in the Covid-19 period: The case of Taiwan

Junming Hsu, Weiju Young and Yu-Wen Huang

Demystifying the paradoxical popularity of stock buybacks in a market environment characterised by high stock prices

Gilbert A. Ndayisaba and Abdullahi D. Ahmed

Up or down? Short-term reversal, momentum, and liquidity effects in cryptocurrency markets

Adam Zaremba, Mehmet Bilgin, Huaigang Long, Aleksander Mercik and Jan J. Szczygielski

Loan loss provisions and income smoothing – Do shareholders matter?

Dorota Skała

Investor sentiment and the dispersion of stock returns: Evidence based on the social network of investors

Alya Al-Nasseri, Faek Menla Ali and Allan Tucker

Economic policy uncertainty and cross-border mergers and acquisitions

Andros Gregoriou, Binh Duy Nguyen, Tung Duy Nguyen, Huong Le and Robert Hudson

Factor price distortion, efficiency loss and enterprises' outward foreign direct investment

Qunxi Kong, Afei Chen, Zoey Wong and Dan Peng

Do machines beat humans? Evidence from mutual fund performance persistence

António F. Miguel and Yihao Chen

Can both Bitcoin and gold serve as safe-haven assets? — A comparative analysis based on the NARDL model

Shaobo Long, Hongxia Pei, Hao Tian and Kun Lang

VCRIX — A volatility index for crypto-currencies

Alisa Kim, Simon Trimborn and Wolfgang Härdle

The influence of qualified foreign institutional investors on internal control quality: Evidence from China

Zhe Li, Bo Wang, Tianlong Wu and Dan Zhou

The effect of corporate tax avoidance on salary distribution——Empirical evidence from publicly listed companies in China

Xiaomei Han, Jie Wang and Hanxiu Cheng

R&D and environmentally induced innovation: Does financial constraint play a facilitating role?

Dongyang Zhang and Yue Jin

Accounting-based downside risk and expected stock returns: Evidence from China

Yan Luo, Xiaohuan Wang, Chenyang Zhang and Wei Huang

Finance and European regional economy

John Inekwe

Trading volume and stock returns: A meta-analysis

Josef Bajzik

Corporate diversification, refocusing and shareholder voting

Yerzhan Tokbolat, Hang Le and Steve Thompson

Acquisitions and the cost of debt: Evidence from China

Kun Tracy Wang, Yue Wu and Aonan Sun

Bank lending in Switzerland: Driven by business models and exposed to uncertainty

Toni Beutler, Matthias Gubler, Simona Hauri and Sylvia Kaufmann

Multi-dimensional corporate social responsibilities and stock price crash risk: Evidence from China

Fangzhao Zhou, Jichen Zhu, Yawei Qi, Jun Yang and Yunbi An

Reduction of estimation risk in optimal portfolio choice using redundant constraints

Luis Chavez-Bedoya and Francisco Rosales

Alumni social networks and hedge fund performance: Evidence from China

Junqin Lin, Fan Wang and Lijian Wei

Mean-variance versus utility maximization revisited: The case of constant relative risk aversion

Konstantinos Kassimatis

Firm efficiency and stock returns: Australian evidence

Tze Chuan 'Chewie' Ang, A.S.M. Sohel Azad, Thu A.T. Pham and Angel Zhong

Asymmetry, tail risk and time series momentum

Zhenya Liu, Shanglin Lu and Shixuan Wang

China-european railway, investment heterogeneity, and the quality of urban economic growth

Zoey Wong, Rongrong Li, Dan Peng and Qunxi Kong

Earnings shocks, price responses, and short selling behavior

Siu Kai Choy and Hua Zhang

Do site visits mitigate corporate fraudulence? Evidence from China

Fei Su, Xu Feng and Songlian Tang

Distributive inefficiency in horizontal mergers: Evidence from wealth transfers between merging firms and their customers

Ning Gao, Ni Peng and Yi Zhang

Does hedge disclosure influence cost of capital for European banks?

Tamer Elshandidy and Albert Acheampong

Macroprudential measures and developments in bank funding costs

Aida Ćehajić and Marko Košak

Corporate social responsibility overinvestment in mergers and acquisitions

Zhenkun Wang, Weijie Lu and Min Liu

Post-split underreaction: The importance of prior split history

Scott Walker

International review of financial analysis: A retrospective evaluation between 1992 and 2020

H. Kent Baker, Satish Kumar, Kirti Goyal and Anuj Sharma

Auditor liability and excess cash holdings: Evidence from audit fees of foreign incorporated firms

Deborah Drummond Smith, Kimberly C. Gleason and Yezen H. Kannan

The Communist Party Committee and corporate takeovers

XiaoGang Bi

The integration of share repurchases into investment decision-making: Evidence from Japan

Nicholas Apergis, Ioannis Chasiotis, Andreas G. Georgantopoulos and Dimitrios Konstantios

Ethical and unethical investments under extreme market conditions

Petter Olofsson, Anna Råholm, Gazi Uddin, Victor Troster and Sang Hoon Kang

Do China's macro-financial factors determine the Shanghai crude oil futures market?

Boqiang Lin and Tong Su

Financing the green projects: Market efficiency and volatility persistence of green versus conventional bonds, and the comparative effects of health and financial crises

Oluwasegun Adekoya, Johnson Oliyide, Mahdi Ghaemi Asl and Saba Jalalifar

Firm diversification and earnings management strategies: European evidence

Jenny Berrill, Domenico Campa and Martha O'Hagan-Luff

Underwriter reputation and IPO underpricing: The role of institutional investors in the Chinese growth enterprise market

Yi Hu, Tiantian Dai, Yong Li, Sushanta Mallick, Lutao Ning and Baohua Zhu

How do independent directors view generalist vs. specialist CEOs? Evidence from an exogenous regulatory shock

Pattanaporn Chatjuthamard, Pornsit Jiraporn and Sirimon Treepongkaruna

“Shiny” crypto assets: A systemic look at gold-backed cryptocurrencies during the COVID-19 pandemic

Akanksha Jalan, Roman Matkovskyy and Larisa Yarovaya

Risk management and market conditions

Lawrence Haar and Andros Gregoriou

International stock return predictability

Simon C. Smith

Economic policy uncertainty exposure and stock price bubbles: Evidence from China

Feiyang Cheng, Chunfeng Wang, Xin Cui, Ji Wu and Feng He