Pacific-Basin Finance Journal

1993 - 2025

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 85, issue C, 2024

Private efforts, public test policy and insurance against pandemic health risks

Jimin Hong, Kyungsun Kim and S. Hun Seog

The importance of speed to corporate financial asset holdings: Evidence from high-speed rail

Xiaoying Liu, Yujing Wang, Meng Li and Haoyu Gao

FinTech adoption and the clustered development of rural e-commerce: Evidence from Taobao Village

Tong Su, Yanyang Tao and Jingyi Wang

How does digital finance promote entrepreneurship? The roles of traditional financial institutions and BigTech firms

Xiaoyan Sun and Xuanli Xie

Mobile device use and the ranking effect on trading behavior: Evidence from natural experiments

Haibo Wu and Chongfeng Wu

The change in salience and the cross-section of stock returns: Empirical evidence from China A-shares

Manqing Zhang, Yao Ma, Baochen Yang and Ying Fan

External asset network and international transmission of economic policy uncertainty

Guowei Cai, Xiaowei Chen and Yujia Cao

Threat or opportunity? Unveiling the impact of population aging on corporate labor investment efficiency

Dequan Jiang, Meng Lan, Weiping Li and Yongjian Shen

Election-day market reactions to tax proposals: Evidence from a close vote

Masanori Orihara

Can Fintech development improve the financial inclusion of village and township banks? Evidence from China

Xiaojie Chen, Guangwen He and Qian Li

Stock markets, local governments leverage, and regional economic development: Evidence from China

Bian Jiang-Ze, Qin Qi-Lin, Chen Xiao-Yi-Jing and Wu Xia-Jun

Macroeconomic fluctuation and internal capital allocation in business group

Wenhao Tan, Lin Cao, Jianfeng Zhao, Haolun Wang and Chenhan Shao

Supplier concentration and the speed of capital structure adjustment

Yi Liu, Kai Wu, Sirui Ruan and Maher Kassar

Effects of listing on the financial behavior of private-sector firms in China

Go Yano, Maho Shiraishi and Gang Xu

Economic policy uncertainty, political connections, and M&As: Evidence from China

Ning Gong, Qizhi Tao and Wan Zhang

Do stock swap bidders suspend their stock trading? Evidence from China

Qingyu Qi, Konari Uchida and Jianlei Liu

Dividend-tax avoidance trade and its impact on the stock market

Wen-Rang Liu, Yao-Min Chiang and San-Lin Chung

The belt and road initiative and the over-leverage of securities companies

Yuejiao Duan, Lanbiao Liu and Jingjia Zhang

Exacerbate or alleviate? Impact of controlling shareholders' share pledging on over-investment

Huixia Geng, Hongbing Zhu, Wei Theng Lau, Nazrul Hisyam Ab Razak and Normaziah Mohd Nor

The impact of the tail risk of demand on corporate investment: Evidence from Chinese manufacturing firms

Xiangyun Xu, Xing Li, Jie Meng, Xueqi Hu and Yingfan Ge

ESG report textual similarity and stock price synchronicity: Evidence from China

Duo Xu, Junkai Huang, Xingzi Ren and Mingyu Ye

Corporate leverage and leverage speed of adjustment: Does environmental policy stringency matter?

Chien-Chiang Lee, Chih-Wei Wang, Bui Tien Thinh, Muhammad Yusuf Indra Purnama and Susan Sunila Sharma

Time-varying risk spillovers between renewable energy and Islamic stock markets: Evidence from the Russia-Ukraine conflict

Fahmi Ghallabi, Imran Yousaf, Ahmed Ghorbel and Yanshuang Li

Does the board of directors influence Shariah governance in Islamic banks?

Md Safiullah, Mohammad Dulal Miah, Asm Sohel Azad and M. Kabir Hassan

Do share offerings increase payouts?

Hichem Boulifa and Konari Uchida

Digital payment, money market fund and investment behavior

Wei Wang and Lin Li

Retirement savings behaviours and COVID-19: Evidence from Thailand

Suntharee Lhaopadchan, Paul Gerrans and Sirimon Treepongkaruna

Information disclosure and ESG rating disagreement: Evidence from green bond issuance in China

Xue Wang and Qingyuan Liu

Comomentum in China: Inferring arbitrage activity from return correlation

Tian Yue, Jiexiang Huang and Xinfeng Ruan

Non-interest income and bank risk: The role of financial structure

Md Sohel Saklain and Barry Williams

The impact of digital finance on regional economic resilience

Yang Yang, Zibo Lin, Zhaoyi Xu and Shuwen Liu

Institutional site visits and corporate innovation: The role of analyst coverage

Shiqi Weng, Zhao Rong and Li Yu

Digital economy, innovation, and firm value: Evidence from China

Yihuan Mao, Ning Hu, Tiecheng Leng and Ying Liu

Run risks of cash-redeemable ETFs

David Wing Yu Leung, Joe Ho-Yeung Wong and Tom Pak-Wing Fong

Responsible investment: Institutional shareholders and ESG performance

Yanmei Sun and Zhuowei Zhao

Local urban investment bonds and the profitability of firms

Pengzhi Kong, Wenzhuo Lyu, Hao Jiang and Yong Ma

The impact of asset-liability maturity mismatch on stock returns: Evidence from China during 1998–2021

Muqing Qiu, Yunxia Bai and Taoqin Chen

Terrorism-Induced Trauma and Corporate Innovation

Debarati Bhattacharya, Tzu-Chang Forrest Cheng, Meng-Ju Chuang, Wei-Hsien Li and Zi-Peng Wang

When do venture capital and startups team up? Matching matters

Hui Fu, Huilan Qi and Yunbi An

Mandatory internal control audits and management earnings forecast

Yanchun Xia, Huan Zhang and Shijun Guo

New Zealand long-term equity returns and their determinants

Rui Ma, Ben R. Marshall, Nhut H. Nguyen and Nuttawat Visaltanachoti

Innovation at the helm: Decoding founder-manager influence in Chinese family firms

Lan Sun, Shaobo Liu, Ruolan Ouyang and Yang Zhao

The enhanced benefits of ESG in portfolios: A multi-factor model perspective based on LightGBM

Xiaomin Gong, Fei Xie, Zhongsheng Zhou and Chenyang Zhang

The impact of venture capital on the development of medical and healthcare industry: Empirical analysis of Chinese A-share pharmaceutical companies

Xiuzhen Li, Yuchen Sun, Zhi Long and Qian Wang

Environmental regulation, corporate environmental disclosure, and firm performance: Evidence from China

Jianlei Liu, Konari Uchida and Chenyu Bao

Mapping fear in financial markets: Insights from dynamic networks and centrality measures

Muhammad Abubakr Naeem, Arunachalam Senthilkumar, Nadia Arfaoui and Rajesh Mohnot

Practice a poker face: Manager emotion and investor sentiment

Rui Ding, Jintong Guo and Min Zhang

Economic policy uncertainty and capital flows' tail risk in China

Xiaowei Huang, Chenyu He and Man Zhang

Financial development and population growth: Evidence from bank concentration in China

Yihui Chen, Dongxu Li and Ting Li

Heterogeneous treatment effects of digital transformation on firms' innovation: Based on BART method

Jun Yang, Xinxin Lv, Xiaohui Xu and Xiaohua Chen

The impact of the integration of the digital economy and the real economy on the risk of stock price collapse

Guanglin Sun, Ding Yin, Tao Kong and Lei Yin

Large state-owned shareholders and cash holding: Evidence from family firms

Ying Wu and Qi Chang

Attention to global warming, consensus transition, and crypto trading

Dongxu Li, Yiran Ning and Peng Wang

Monetary policy rule under rare events: With implications by digital finance development

Haixiang Yao, Weixuan Zhang and Zhouheng Wu

Digital finance, bank competition shocks and operational efficiency of local commercial banks in Western China

Ziqiang Liu, Qiushuo Feng and Hongyi Li

Data assets and corporate sustainable development: evidence from ESG in China

Yuetong Li, Xinyi Wang and Xiaojia Zheng

Air pollution and stock returns: The cash flow risk channel

Rong Li, Luxi Liu, Yun Qiu and Xiaohui Tian

Do bank ties influence stock repurchases in a bank-based financial system during financial distress? A pre-registered report

Hideaki Sakawa, Naoki Watanabel and Konari Uchida

Does internal control affect firms' use of derivatives? Evidence from China

Haomin Shen, Xiaoke Cheng, Qian Sun, Xin Wang and Jianmei Zhao

Institutional investor stewardship and material sustainability information: Evidence from Taiwan

Sharon S. Yang, -Wei Huang and Wei-Hsien Li

Professional experience of CEOs in industry associations and corporate green innovation-empirical evidence from China

Wang Haojun and Li Jiazhu

Local gambling attitudes and firms' financing strategies: New insights from the geographic structure in China

Degan Yu, Cong Wang, Guilong Cai and Haofan Qiang

Efficiency and sustainability of bond market: Evidence from aftermarket trading of US corporate bond offerings

Lisa Yang and Jeremy C. Goh

Asymmetry in option implied volatility and yield: Evidence from China's ETF options market11Xiaoyijing Chen, PhD candidate. Research Interests: option pricing, financial derivatives. Siyuan Liu, master's student. Research Interests: option pricing, volatility model.Zailin Xu, PhD candidate. Research Interests: capital market, volatility model. Mei Yu, PhD, Professor, Doctoral Supervisor. Research Interests: capital market, risk management.,22Funding: This work was supported by “National Natural Science Foundation of China” (Grant number: 72073027); “National Natural Science Foundation of China” (Grant number: 72071046); “the Fundamental Research Funds for the Central Universities” in UIBE (Grant number: ZD6–01)

Xiaoyijing Chen, Siyuan Liu, Zailin Xu and Mei Yu

The impact of foreign participation on risk-taking in Chinese commercial banks: The co-governance role of equity checks and foreign supervision

Jiasong Liu and Jingyi Zhu

Before thrive, first survive: The impact of controlling shareholder pledging on corporate ESG performance

Yang Gao, Yun Ling and Hui Peng

Expected return, volume, and mispricing: Evidence from China

Xin Chen, Daniel Chai and Jin Zhang

Return seasonalities in the Chinese stock market

Chen Meng, Qingjie Du and Haibing Shu

Financial risk forewarning with an interpretable ensemble learning approach: An empirical analysis based on Chinese listed companies

Shangkun Deng, Qunfang Luo, Yingke Zhu, Hong Ning and Tatsuro Shimada

The Paris Agreement effect of consumer awareness and sustainable investing: Some international evidence

Ya-Kai Chang, William Ming Yan Cheung, Min-Hsi Chung and Haoyun Tan

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

Jie Ding, Jinbo Huang, Ashley Ding, Shijun Guo and Tianjiao Wang

Cross-border acquisitions: The case of SPACs

Ekaterina E. Emm, Bo Han and Bochen Li

The impact of CEO's green experience on digital transformation

Cheng Zhang, JiaQi Yu, Yiyi Bai and Kung-Cheng Ho

Synthesization of macroeconomic policies and stock return synchronicity: Evidence from countries along the Belt and Road Initiative

Haixia Xie, Yezhou Sha and Lingyi Li

Digitalization and firms' debt maturity: Do financial constraints and uncertainty matter?

Chien-Chiang Lee, Chih-Wei Wang, Muhammad Yusuf Indra Purnama and Susan Sunila Sharma

Corporate digital transformation and tax avoidance: evidence from China

Meian Chen, Ke Zhao and Wei Jin

International economic policy uncertainty and analysts' earnings forecasts

Cao Hoang Anh Le, Yaowen Shan and Stephen Taylor