Pacific-Basin Finance Journal

1993 - 2026

Current editor(s): K. Chan and S. Ghon Rhee

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 95, issue C, 2026

Green bond issuance and corporate ESG performance—Evidence from the perspective of unlabeled green bonds in China

Jiansheng Li, Siyang Song and Yan Wang

Riding the wave: How collateral shocks affect corporate financialization

Jiming Liu, Yi Liu, Yue Zhang and Kai Wu

Digital transformation and corporate mergers and acquisitions: Evidence and mechanism in China

Chengming Li, Hanyang Wang and Changyun Zhang

Cross-border capital flows and China’s banking systemic risk: Cross-contagion effects based on the time-varying net spillover index

Chen Zhu and Haohua Li

Investor sentiment and bank liquidity risk: Theory and evidence

Liang He, Yue Yao, Yiqiu Wang and Xiaoxing Liu

Clustering effects and spillover effects in major global government bond markets during the COVID-19 pandemic

Yangyang Zhuang, Haolun Han, Ditian Zhang and Pan Tang

Patient capital and corporate digital transformation: Evidence from Chinese A-share listed firms

Hao Zhang, Wenling Zhang and Xingjian Yi

Digital economy policies and enterprise digital transformation: A quasi-natural experiment of digital economy pilot zones

Peng Yang, Yong Jiao, Yiqiang Feng and Manning Mu

USING neural networks and CEO remuneration to predict the debt-income ratio of New Zealand local councils

Bikram Chatterjee, Sukanto Bhattacharya and Abhishek Mukherjee

Do facial expressions and responses during roadshows affect IPO prices? Empirical evidence from China's registration-based system reform

Haoyuan Qin and Eping Liu

Reducing stock price synchronicity: How government-driven long-term capital cultivation improves market efficiency in China

Bin Gao, Tao Song, Xiao Han and Jinlong Zhang

The impact of transportation network development on firm investment decisions: Evidence from China

Mengting Lu and Haibing Shu

Geopolitical risk, capital flow volatility, and asset market spillovers

John Beirne and Nuobu Renzhi

Clustering-augmented reversal strategy improves return performance: Evidence from Chinese stock market

Weilin Jiao and Xu Zheng

Only the connected survive: Common ownership and corporate resilience

Rongrong Yao, Min Xiao, Ling Lin and Xiaoying Zhang

Liquidity and default risk in China: The double-edged role of state ownership

Lingling Zhao, Vito Mollica, Yun Shen and Qi Liang

Fintech business and shadow banking practices

Chenchen Shi, Lei Xu, Bin Li and Ruiqing Cao

Cybersecurity legislation and corporate AI adoption: Evidence from China—A pre-registered report

Zhuoyan Lao, and Yimeng Guan

Asset pricing and a tale of night and day: Evidence from Taiwan

Hui-Wen Chang, Shiang-Ting Tseng and Nien-Tzu Yang

Government-guided funds and the rise of corporate AI: Evidence from China

Junwei Lu, He Gao, Laifeng Yang and Liu, Zhangxin (Frank)

Market-based reforms in share issuance and stock price crash risk: Evidence from China

Chen Wu and Kedi Wang

Fintech, systemic risk and bank performance: Based on the perspective of systemic-risk-adjusted performance

Yangjingzhuo Liu, Daoping Wang and Xiaoyun Fan

CFO power and internal capital allocation in business groups

Wenhao Tan, Jinnan Zhang, Zhiyang Yu, Lili Xu and Jiayi Xue

Fintech engagement by non-financial firms and the speed of capital structure adjustment

Bin Li, Jiawei Sun, Lei Xu and Fei Guo

The role of central firms in the economic networks: Evidence from China

Liansheng Peng and Haoyu Xu

Volume 94, issue C, 2025

Employee pension welfare and corporate risk-taking: Evidence from the enterprise annuity system in China

Xiaoqiu Chen and Feng Hu

Can machine learning uncover abnormal returns in uncharted financial territories?

Byoung-Kyu Min and Tai-Yong Roh

Do firms accumulate cash balances through financing persistent negative cash flows? Evidence from China

Brian C.W. Kei, Wing Chun Kwok, Qiqing Lin and George Wong

The colour of finance words in Chinese

Kai Yao, Zexu Zheng and Cai Liu

Benchmarking deep reinforcement learning approaches to trade execution

Isaac Tonkin, Adrian Gepp, Geoff Harris and Bruce Vanstone

The peer effects of corporate social responsibility in China: A pre-registered study

Jie Ding, Jinbo Huang and Ashley Ding

Corporate site visits disclosure and investment-q sensitivity

Le Wang, Gaoliang Tian and Xiaoyan Chen

Deregulation, claims ratio, and consumer surplus: Evidence from China's auto insurance reform

Xuanhe Wang, Huiyan Wu, Shengwang Meng, Kui Liu and Hanyi Chen

Fintech, banking competition and corporate leverage manipulation

Feifei Li, Ruile Xue, Mingyue Du and Yuxing Liu

The impact of foreign ownership on share pledging by controlling shareholders

Wenqian Tan, Yanni Zeng and Hao Zhang

The effect of the cryptocurrency halving event

Weiyi Liu, Xiaojuan Zhao, Wenjia Li and Ye Wang

Can diversified information disclosures mitigate earnings management activities in Taiwanese SMEs

Chien-Ming Huang and Wei-Ting Chen

Does institutional cross-ownership reduce corporate shadow banking activities? Evidence from Chinese firms

Zhibo Xu, Prasad Padmanabhan and Chia-Hsing Huang

Jump imbalance and Chinese stock market returns

Yan Chen, Yakun Liu, Elie Bouri and Lei Zhang

Research on systemic risk measurement based on temporal financial knowledge graph: Evidence from China

Ziyi Liu, Yue Zhang and Haozhi Chen

How do acquirers bid? Evidence from serial acquisitions in China

Yaru Ren, Lin Li, Yiwei Yao and Linti Zhang

Common ownership and corporate violations: Evidence from China

Rongrong Yao and Min Xiao

The impact of credit reporting system development on banking sector openness: Evidence from 101 economies

Tianjian Yang, Jingxuan Zuo, Minghui Han and Dongming Wei

Gender, society, and financial inclusion: Evidence from matrilineal and patriarchal societies

Abu Zafar M. Shahriar, Avanish Shukla and Yessy Peranginangin

Marketing CEOs and the pursuit of innovation: Evidence from the Chinese market

Linda Tinofirei Muchenje and William Mbanyele

The response of firm performance to female official leadership

Zihao Qu and Guang Zhang

Internationalization: The impact of commodity futures market expansion on market quality

Vivek Rajvanshi, Gouri Sankar Sahoo and Avijit Bansal

Can machines learn Chinese mutual funds?

Haoran Wu, Zhiwei Gao, Boyang Nie and Binru Zhao

Culture and household carbon emissions: Evidence from China

Jingjing Ye, Feng Huang, Wenye Tang and Lulu Zhao

Does the semi-mandatory dividend policy affect firm innovation? Evidence from China's capital market

Chenghao Wang, Jieran Wu and Wenyu Zhou

Machine learning in the Australian equity market

Xiaolu Hu, Yiliao Song and Angel Zhong

Unlocking the true price impact: Intraday liquidity and expected return in China’s stock market

Hang Cheng, Yongdong Shi and Tong Zhang

Natural disasters and the real effect of skilled labor mobility

Yuna Heo and S. Ghon Rhee

Financial derivatives usage dynamics in Asia Pacific region

S.M.R.K. Samarakoon, Rudra P. Pradhan and G.G. Chathuranga

The impact of country-specific geopolitical and country risk on Firms' Financial flexibility: International evidence

Chien-Chiang Lee, Chih-Wei Wang and Po-Hsiang Huang

How do credit default swap spreads react to languages?

Hung-Yi Huang

Does convenient transportation add value to acquisition targets? Evidence from Chinese M&As

Qingyu Qi, Konari Uchida and Yuyang Zhang

The impact of trade sanctions on financial risk: Empirical evidence from global data

Jiaxin Zhou, Shihao Wang and Haipeng Duan

Multi-factor portfolio optimization: A combined random Forest–AdaBoost model with cost-sensitive learning11This paper was supported by the National Natural Science Foundation of China (Nos. 71,871,071, 72071051); the Natural Science Foundation of Guangdong Province of China (Nos. 2025A1515010937, 2023A1515011354)

Haixiang Yao and Chunzhuo Wan

Is company textual innovation disclosure effective? Evidence from China

Yucheng Sun, Huizhong Lu, Yan Hu and Meizhen Luo

Who leads in China's interbank market? Information networks and quote spillovers in SHIBOR

Yu-Lun Chen, Ming-Che Hu, Wen-Ju Liao and Yu-Ting Chang

Cavalry or locust? Foreign ownership heterogeneity and bank lending cyclicality

Xiaohui Yuan

How AI reduces pollutant emissions: The dual mechanisms of productivity enhancement and financing constraint alleviation

Ping Jiang and Yunxiao Ma

Does cultural diversity affect trade credit provision?

Liang Ma, Yuetang Wang and Yuan Yuan

Do multicultural barriers hinder fintech development? A pre-registered report

Haiyang Zhang, Lina Wang and Wenda Song

Mixed-ownership reform and AI adoption in state-owned enterprises: A pre-registered report

Ziteng Han, Lingxi Chen and Teng Zhong

The impact of excessive financial investment on corporate risk

Haonan Zhang, Qinghua Zhang and Jian Chen

Consumption measurement and the limits of insurance: Evidence from Australia

Jennifer Z. Sun

Insider trading patterns during the COVID period

George J. Jiang, Xiaoli Ma and Yun Ma

Robot adoption and corporate supply chain efficiency: Evidence from China

Chongchong Xu, Anna Min Du and Boqiang Lin

What it costs: Family firms' supply chain efficiency losses

Xin Huang, Hao Huang, Fushun Zhang and Tianren Li

Do IPOs affect green innovation? Evidence from China

Ruitao Li, Ihtisham Malik, Zhengling Xiong and Shijun Guo

Reliability of analyst recommendations based on the DS-LightGBM model

Zhimin Li, Weidong Zhu, Yong Wu and Zihao Wu

Can purchase of IPOs by employees alleviate the underperformance of new shares?

Yanru Li, Yige Li and Jun Lu

Whac-a-mole: China's debt policies and local debt risks

Jingting Zhang and Junping Zeng

Population age structure, industry return, and portfolio strategy: Capitalizing on the trend of population aging in China

Suoer Xu, Linlin Zhang and Yunbi An

Measuring and forecasting financial system resilience under multiple shocks: A survival analysis approach

Wenbin Hu and Junzi Zhou

Can monetary policy mitigate the COVID-19 shocks? Based on the perspective of both the real economy and financial stability

Chenyang Ran, Hui An and Yue Li

How does stock liquidity affect corporate cash holdings in Japan?: A pre-registered study

Ryosuke Fujitani, Kiyonori Iwata and Yukihiro Yasuda

Management’s superstition and company risk: Evidence from the Chinese zodiac year belief

Yuchen Wang, Yu Jiang and Bingqiao Li

The impact of digital transformation on firm risk: Effort by talk or effort by walk

Zhicheng Cao, Chenxi Tang and Zhicheng Li

Culture counts: Exploring firm performance through machine-learning based corporate culture in Thailand

Tanakorn Likitapiwat, Sirimon Treepongkaruna and Stefano Starita

Cultural proximity and CEO remuneration

Chen Song and Jiaxin Duan

Blessing or burden? The economic consequences of government proximity for firms: Evidence from government relocation in China

Cong Sun, Chao Yang, Mingchen Sun and Jiangze Du