Finance Research Letters

2004 - 2025

Current editor(s): R. Gençay

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 61, issue C, 2024

Determinants of credit default swap spread changes: The sell-side perspective

Byungmin Oh, Haerang Park and Denis Yongmin Joe

The impact of climate risk aversion on agribusiness share price volatility

Peng Liu, Yaru Chen and Yan Mu

Put–call parity in a crypto option market — Evidence from Binance

Nóra Felföldi-Szűcs, Balázs Králik and Kata Váradi

Corporate green bond issuance and high-quality corporate development

Sufang Liu and Shengquan Li

Informed trading and cryptocurrencies. New evidence using tick-by-tick data

Karthik Natashekara and Aravind Sampath

Tax and financial credit risks—Empirical evidence from Chinese investment enterprises

Ruihua Zhu and Fang Chen

The peer effects on disclosure of corporate internal control weakness

Jianhong Li and Jin Ding

Credit markets, strict financial regulation, and the financialization of listed firms

Yiyun Jiang, Xiufeng Wang and Toong Hai Sam

Financial knowledge, executive decision making and enterprise innovation

Hao Zhang and Yimeng Zhu

Minimum wage and corporate OFDI

Qin Xie and Shuo Li

Spillover among Sovereign Credit Risk and the Role of Climate Uncertainty

Nader Naifar

Tax avoidance, managerial ownership, and agency conflicts

Nopparat Wongsinhirun, Pattanaporn Chatjuthamard, Pandej Chintrakarn and Pornsit Jiraporn

Asymmetric effects of financial volatility and volatility-of-volatility shocks on the energy mix

Laurentiu Guinea, Rafaela Perez and Jesús Ruiz

Analysis of macroeconomic determinants of non-performance in consumer and mortgage loans

David Cortés and Pilar Soriano

Social media and family investment behavior

Zhen Zhao and Xiangmin Li

Social governance, family happiness, and financial inclusion

Haomeng Xi and Jizhou Wang

Exacerbation or suppression? Digital transformation and shadow banking activities of non-financial firms

Xiaoqing Zhao and Chen Yao

On sectoral market efficiency

Marcelo J. Villena and Axel A. Araneda

Decomposing interconnectedness: A study of cryptocurrency spillover effects in global financial markets

Jian Liu, Jiansuer Julaiti and Shangde Gou

A comparative analysis of the price explosiveness in Bitcoin and forked coins

Xiaolin Kong, Chaoqun Ma, Yi-Shuai Ren, Konstantinos Baltas and Seema Narayan

The impact of ESG and executive structure on the default risk of family businesses: Evidence from China

Bing Liu and Xiangmeng Zhang

The impact of imperfect financial markets and stock holdings on corporate innovation: Evidence from China

Lei Zhang and Junhu Zhou

An study of liquidity shock, financial market participation on hollowing behavior of controlling shareholder

Xiaoyu Lu and Zhou Gui

At what cost? Environmental regulation and corporate cash holdings

Anna Alexander, Antonio De Vito and Luca Menicacci

Uncertainties and oil price volatility: Can lasso help?

Xinyu Li, Meng Wu, Luqi Yuan, Meng Xiao, Ronghao Zhong and Miao Yu

Dynamic volatility regulation of financial institutions

Jens Hilscher, Alon Raviv and Zvi Wiener

The impact of position limits on options trading

Lorne N. Switzer and Qiao Tu

Risk management and optimal investment with inalienable human capital

Zeyu Yang, Jiayi Zhuo and Yuqian Zhang

Dual-class share structure and dividend smoothing

Longxu Dong, Haomin Zhang and Yongjian Huang

Unraveling ESG Ambiguity, Price Reaction, and Trading Volume

Yurong Jin, Jingzhou Yan and Qianhui Yan

Minimum wage and internal income disparity within enterprises

Hao Li and Xiaoxue Ju

Population aging and corporate risk-taking

Changfei Liu, Qiong Wu and Zuozhi Yang

Margin trading and value relevance of earnings: Evidence from China

Xiaotao Zhang, Yicun Yu, Yi Cao and Jing Hao

Benefits of Top Management Team Education for Corporate Digital Transformation: A Critical Mass Perspective from China

Sultan Sikandar Mirza, Yiyao Miao, Shaen Corbet, Frank Scrimgeour and John W. Goodell

An aspirational perspective on the negative risk-return relationship

Barna Bakó and Gabor Neszveda

Does minority shareholder activism impede corporate default risk? Evidence from China

Xue Huang and Zhibin Wang

Bridging the gap in ESG measurement: Using NLP to quantify environmental, social, and governance communication

Tobias Schimanski, Andrin Reding, Nico Reding, Julia Bingler, Mathias Kraus and Markus Leippold

Pricing stock index futures with sentiments

Yutang Xie, Huan Peng and Ting Feng

Restricting Pay Gap Backfires: The Case of Bank Misconduct

Anqi Jiao, Ran Sun and Chunbo Liu

Do banks with more able managers get better funding costs?

Minh Nhat Nguyen, Dung Viet Tran and Van Nguyen

How does ESG constrain corporate earnings management? Evidence from China

Weizheng Sun, Shuning Chen, Yuqing Jiao and Xu Feng

China's National Team: A Game Changer in Stock Market Stabilization?

Hui Li and Kerry Liu

Do anticipated government environmental audits improve firm productivity? Evidence from China

Jianhua Tan, Min Hua and Kam C. Chan

FinTech, urban entrepreneurial activity, and social security levels: Evidence from China

Yu Shi, Xiaohong Dong, Qiyuan Zhang and Ze Zhou

Institutional ownership and analysts’ earnings forecasts

Wenjun Liu and Aoyun Chen

The mediating role of investor confidence on ESG performance and firm value: Evidence from Chinese listed firms

Hua Tang, Langyu Xiong and Ru Peng

Manage biodiversity risk exposure?

Muhammad Ramzan Kalhoro and Khine Kyaw

The ambiguous December

Efrat Shust

Public environmental concern and corporate ESG performance

Xiangru Ren and Yuning Ren

The unexpected consequences of company bankruptcy: An investigation into the spillover effect of local economic liquidation

Hao Song and Xiaoxia Zhao

Digital transformation and accounting information comparability

Jie Yang, Limeng Ying and Xiaofang Xu

Financial policy competition neutrality and cost of financing–An empirical study based on A-share listed companies

Xiaolin Yao and Huizhen Long

Peer digitalization and corporate investment decision

Yuanyuan Jiang, Yuanxun Zheng, Wenwen Fan and Xi Wang

The impact of credit risk on labor investment efficiency

Xiujuan Liu and Shengnan Zhang

Research on the impact of government fiscal subsidies and tax incentive mechanism on the output of green patents in enterprises

Lin Zhao, Kim Mee Chong, Leong-Mow Gooi and Luqing Yan

ESG rating and short selling in the corporate bond market

Ying Li, Xu Guo, Wei Huang and Xiaomeng Ma

Dollar’s role in institutional and media impact on stablecoins

Filezac de l’Etang,

The tangible hand? Does Communist Party involvement in governance promote corporate M&A performance

Dandan Liu, Ying Zhu and Xinxin Xie

Innovation-driven policy and firm investment

Guangwen Hou and Chenyang Feng

Corporate strategy and stock price crash risk

Zhichao Zhao, Yigang Zhang, Huimin Tang, Peng Liu, Xiaoran Wang and Xizhe Wang

Fan charts in era of big data and learning

Jozef Baruník and Luboš Hanus

Do local differences in trust affect bank lending activities?

Krzysztof Jackowicz, Łukasz Kozłowski and Paweł Wnuczak

Don't move my cheese: Financial advice adaptation to regulatory change

Abudy, Menachem (Meni), Ilan Gildin and Yevgeny Mugerman

The impact of monetary policy on income inequality: Does inflation targeting matter?

Francisco Tavares Garcia and Jamie Cross

The Synergistic Effects of Digital Technology Application and ESG Performance on Corporate Performance

Yudong Qi, Minmin Han and Chao Zhang

Supply Chain Relational Capital and Corporate NPD R&D Investment

Weili Xu and Meishun Lin

QFII shareholding, information access and corporate asset mismatching

Biao Zhou, Linting Cheng and Xiaofei Liu

Empirical Study on the Impact of Digital Finance on Commercial Credit Allocation in SMEs

Baoguo Lin and Xueqin Dong

A study of supply chain relationship change and RFID IT adoption: Evidence from listed companies

Fei Gu and Mingke He

Relationship Advisors Guiding Financially Weak Targets in M&A Deals: Conflict of Interest and Reputation Concerns

Hang Thi Dieu Nguyen and Hsiangping Tsai

Portfolio optimization based on the pre-selection of stocks by the Support Vector Machine model

Natan Felipe Silva, Lélis Pedro de Andrade, Washington Santos da Silva, Maísa Kely de Melo and Adriano Olímpio Tonelli

Plugging the gap: Debt pressure and the rise of forfeiture revenues in local governments

Li Yu, Zhuoyang Lyu and Hao Duan

Pension expenses, risk, and implications for stock returns

Roi D. Taussig

ESG regulation and financial reporting quality: Friends or foes?

Dalit Gafni, Rimona Palas, Ido Baum and Dov Solomon

A tax regulatory framework for cryptographic assets

Tamir Shanan and Doron Narotzki

Winners and losers in investment competition – Experimental study

Zvika Afik, Hofit Hamrani Dafna and Yaron Lahav

Macroeconomic determinants of the long-term correlation between stock and exchange rate markets in China: A DCC-MIDAS-X approach considering structural breaks

Youlin Xiong, Jun Shen, Seong-Min Yoon and Xiyong Dong

Transportation infrastructure, market access, and firms’ export competition: Evidence from China

Xuechen Meng, Jianfeng Li, Xiaoying Zhou and Xiaoyang Yao

Technological innovation strategies of information and communication technology enterprises: A comparative study of China, US, and Europe

Hongxia Wang, Ming Li, Zhiru Wang, Wenyueyang Deng and Zenglian Zhang

Peer effects of corporate green innovation: Evidence from China's listed firms

Runxiang Xu, Chao He, Yanxi Li and Lingwen Kong

Individual investor trading and stock returns after the Covid-19 pandemic: Evidence from Korea

Jun Hee Kwak

Climate transition risk and bank risk-taking: The role of digital transformation

Zhonglu Liu, Jun Li and Haibo Sun

Greening your way to profits: Green strategies and green revenues

Zijie Huang, June Cao and Lei Pan

Brexit's ripple: Probing the impact on stock market liquidity

Jang-Chul Kim, Sharif Mazumder and Qing Su

Threat or shield: Environmental administrative penalties and corporate greenwashing

Kuo Zhou, Zhi Qu, Jiayang Liang, Yunqing Tao and Mengting Zhu

Firm digital transformation and corporate performance: The moderating effect of organizational capital

Mobina Zareie, Najah Attig, Sadok El Ghoul and Iraj Fooladi

The dark side of corporate digital transformation: Evidence from excess perk consumption of executives

Jinghua Wu, Yanping Liang and Wei Liu

Can digital inclusive finance facilitate productive investment in rural households?–An empirical study based on the China Household Finance Survey

Changluan Fu, Xinyue Sun, Mengting Guo and Chenyang Yu

Coordination and Conservatism

Tong Lu and Lijun Ruan

The VIX's term structure of individual active stocks

Mahmoud Qadan, Or David, Iyad Snunu and Kerem Shuval

From courtrooms to corporations: The effect of bankruptcy court establishment on firm acquisitions

Obaid Ur Rehman, Zihan Zhou, Kai Wu and Wen Li

Interpretable EU ETS Phase 4 prices forecasting based on deep generative data augmentation approach

Dinggao Liu, Kaijie Chen, Yi Cai and Zhenpeng Tang

Nonstate capital participation and innovation in state-owned enterprises: Scale, structure and quality

Shuang Zhang, Wenzhi Wang and Liying Zhou

Corporate transaction costs and corporate green total factor productivity

Shijun Zhang, Meng Zhang and Shouwei Meng

ESG controversies and profitability in the European banking sector

Paolo Agnese, Massimiliano Cerciello, Raffaele Oriani and Simone Taddeo

Viscosity solution for optimal liquidation problems with randomly-terminated horizon

Qing-Qing Yang, Wai-Ki Ching, Jia-wen Gu, Tak Kwong Wong and Dong-Mei Zhu

Investor traps: Funds launched during booms

Bu Xu, Quanyi Xu, Xinxin Liu and Qirui Qin

Does financial literacy drive entrepreneurship in rural China?

Qiyang Guo, Yuting Qian, Weiqiang Tan and Zhiju Xie

Investor attention and GameFi returns: A transfer entropy analysis

Guiqiang Shi, John W. Goodell and Dehua Shen

Exploring the impact of ESG components, CEO characteristics, and organizational themes on downside risk: Insights from Chinese firms

Chia-Hsien Tang, Yen-Hsien Lee, Ming-Chun Hsiao and Hung-Chun Liu

Are investors afraid of populism?

Claudio Schütz and Ulrich Pape

Beneath the surface: The asymmetric effects of unconventional monetary policy on corporate investment

Luis P. de la Horra, Javier Perote and Gabriel de la Fuente

Stock price synchronicity and market liquidity: The role of funding liquidity

Doojin Ryu, Robert I. Webb and Jinyoung Yu

Proprietary algorithmic traders and liquidity supply during the pandemic

Anirban Banerjee and Samarpan Nawn

The influence of the digital divide on peer-to-peer lending outcomes

Zagdbazar Davaadorj

Executives with financial backgrounds and corporate social responsibility: Evidence from China

Ming Li and Lingyao Kong

Does ESG performance affect corporate tax avoidance? Evidence from China

Hongli Jiang, Wenjie Hu and Pengcheng Jiang

Relationship between the popularity of a platform and the price of NFT assets

Jaehyung An, Alexey Mikhaylov and Tsangyao Chang

Do market investors value the directors’ expertise and independence of a corporate sustainability committee? Empirical evidence from Taiwan

Wen-Chi Sun and Hua-Wei Huang

The role of migration fear in (dis)connecting stock markets

Sinda Hadhri

Internet stock message boards and the price–volume relationship: Registered users vs non-registered users

Zuochao Zhang and Dehua Shen

Banking competition and digital transformation

Zonghang Bai, Yuanhao Ban and Haifeng Hu