Emerging Markets Finance and Trade

2002 - 2025

From Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

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

2025, volume 61, articles 13

Can Green Finance Innovation Promote Supply Chain Decarbonization? Evidence from Chinese Firms pp. 3951-3972

Jianqiao Zhai, Yongji Zhang and Ke Wang

Stimulation or Inhibition? Exploring the Role of Economic Policy Uncertainty in Technological Progress pp. 3973-3988

Pai-Chin Huang, Chia-Ling Yao, Cheng-To Lin and Cristi Spulbar

Pricing Opinion Shopping: Evidence from an Emerging Debt Market pp. 3989-4013

Heesun Chung, Jaehee Jo and Catherine Heyjung Sonu

Does Climate Legislation Reshape International Energy Trade Patterns? pp. 4014-4028

Jun Yang, Xiaohan Zhu and Chao Feng

Product Market Competition, Capital Inefficiency and Total Factor Productivity pp. 4029-4048

Jun Wen, Yu Diao, Haipeng Duan and Sheng-Hao Yang

The Impacts of Tax Enforcement on Enterprises’ Digitization pp. 4049-4070

Ying Jiang and Xiuqi Jiang

Does ESG Performance Affect Firm Risk? Evidence from China pp. 4071-4083

Sanfa Wang, Xiaoxuan Shi, Hui Chen and JingJing Zhao

Effect of China’s Outward Foreign Direct Investment in Portuguese-Speaking Countries on Its Bilateral Trade pp. 4084-4097

Yangyang Yu, Yi-Bin Chiu and Cody Yu-Ling Hsiao

Social Media Sentiment Beta and the Cross-Section of Stock Returns: Evidence from China pp. 4098-4123

Guanglong Xu, Helong Li and Hongqing Teng

A Barometer of Climate Change: Does the US–China Tension Exacerbate Its Risks? pp. 4124-4137

Chia-Ling Yao, Pai-Chin Huang, Chi-Wei Su, Oana-Ramona Lobonţ and Meng Qin

The Impact of Extreme Weather Events on Income Inequality: Global Evidence pp. 4138-4164

Jun Wen, Shu-Xin Song, Zhi-Yu Cheng and Xin-Xin Zhao

Breaking the Model: Does Technical Efficiency Propel or Hinder Bank Risk? Evidence from the Chinese Banking Industry pp. 4165-4179

Xiaoran Lin, Mohamed Azzim Gulamhussen and Jia Zhai

Digital Economy and Corporate Innovation: Evidence from China pp. 4180-4205

Ping Zhang, Yaqi Wang, Qi Qin and Hui Jia

Capital Market Opening and Trade Credit Provision: Evidence from Staggered Quasi-Natural Experiments pp. 4206-4230

Qiong Sun, Deshuai Hou, Shaofan Zhao and Manru Dong

Assessing the Dual Bonus of Environmental Information Disclosure in China: New Evidence from the Double Machine Learning Model pp. 4231-4246

Xiufeng Zhang, Yue Gao, Manqian Cao and Zhenhua Zhang

Research on the Dual Effects of Corporate Physical and Transition Climate Risks on Total Factor Productivity pp. 4247-4265

Huayu Shen, Huimin Feng, Qi Xiao, Shuming Ma and Hui Guo

Market Access Deregulation and Corporate Tax Compliance: Evidence from China pp. 4266-4286

Sha Yu, Yuan Gao and Jianjun Li

The Impact of E-Government on Technological Innovation: A Global Perspective pp. 4287-4304

Sitao Ren, Junwei Zhang, Jinghao Yang and Yaobo Shi

2025, volume 61, articles 12

The Impact of Government Assessment Transformation on Green Entrepreneurship: Evidence from China pp. 3613-3633

Guangning Tian, Fanzhi Wang, Haochen Zhang and Xinran Zhou

Can Bitcoin and Gold Have Dynamic Hedging and Safe Haven Capabilities Against the BRICS Plus Stock Market Indices During Global Crises? An Evidence from a Time-Varying Copula Approach pp. 3634-3657

Rihab Belguith, Hind Alnafisah, Yasmine Snene Manzli and Ahmed Jeribi

Can Local Posts Predict Firm-Level Earnings and Stock Returns? pp. 3658-3673

Xuejun Jin, Zhenzi Tian and Xin Hong

Can Circuit Courts Influence Corporate Employment? Evidence from China pp. 3674-3690

Jianhui Jian, An Yan, Lin Wang, Yuehan Liu and Dan Hu

The Impact of Climate Policy Uncertainty on the Quality of Firm Innovation: A Market Surveillance Perspective pp. 3691-3710

Da Wang, Hao Tian, Haotian Zhu and Dazheng Xu

Customers’ Negative Managerial Expectations and Suppliers’ Dual Innovation: Evidence from China pp. 3711-3723

Jie Liu and Chuan Zhang

Nexus of Energy Transition and Climate Change: Novel Evidence From Electric Vehicles pp. 3724-3741

Tianying Jiang, Meng Qin, Yun Hsuan Su, Emilia Vasile and Yiting Xu

Macroeconomic Impact of Demographic Transition and Effectiveness of Monetary Policy: Evidence from East Asian Economies pp. 3742-3766

Karan Rai and Bhavesh Garg

The Historical Roots of Opportunistic Sales: Evidence from CEOs’ Great Famine Experience pp. 3767-3784

Chun Tang, Lei Tan and Xiaoxing Liu

The Impact of the EU Tax Blacklist on Cross-Border Direct Investment pp. 3785-3796

Yan Dong, Ran Ge and Suhang Tan

The Influence of Digital Technology on Rural Common Prosperity and Its Spatial Spillover Effect pp. 3797-3820

Hui Xin, Bowen Wan and Kang Luo

Does China’s GVC Participation Affect the RMB’s “Anchor Currency” Effect? pp. 3821-3840

Ronghai Yang and Xiao Wang

Does Industrial IT Adoption Affect Export Sophistication? Evidence from China’s Pilot Zones Policy for Industrial Information Integration pp. 3841-3857

Shuzhou Peng and Huili Deng

Cross-Border Regulatory Enforcement and the Accounting Information Quality of Chinese Firms pp. 3858-3877

Miao Yu, Jie Sun, Albert Tsang and Ambrose Wong

Career Exposure to Religion and CEO Effort: Evidence from China pp. 3878-3894

Yibo Wang, Bai Liu and Xianbin Cao

Optimal Carbon Emission Reduction Cooperation Models for Electricity Supply Chain of Existing Communities pp. 3895-3912

YiNing Xiang, ZengRui Kang, Yongkai Ma and Wei Chen

Digital Technology Empowers Trade Growth: A Quasi-Natural Experiment Based on the Adoption of 4G pp. 3913-3935

Juncai Zhou and Xueren Zhou

The Role of Bank Competition in Mitigating Information Asymmetry on Green Bond Markets: Evidence from China pp. 3936-3949

Lei Zhou, Paul Wohlfarth and Xiaohong Chen

2025, volume 61, articles 11

Does Monetary Policy Transparency Matter for Banking Stability? pp. 3261-3276

Wytone Jombo and Wook Sohn

The Effect of Regional Food Safety Problems on National Agricultural Export Reputation: Empirical Evidence from The 2013 China’s Cadmium-Tainted Rice Incident pp. 3277-3295

Xiaohe Zhou, Zhihao Wu and Jingqi Dang

Can Intelligent Manufacturing Reduce Corporate Carbon Emissions? Empirical Evidence from China’s Listed Manufacturing Firms pp. 3296-3307

Xiaozhen Pan and Siqi Lin

The Impact of Supply Chain Innovation and Application Policies on Supply Chain Digitalization pp. 3308-3331

Kai Wang, Yihui Peng and Tingting Zhou

ESG Rating Agency Coverage and Analysts’ Earnings Forecasts: Evidence from China pp. 3332-3358

Mian Cheng, Li Ji, Albert Tsang and Zijian Xu

Assessing the Causal Relationships of Energy Poverty, Foreign Direct Investment, and Public Health at the Global Level pp. 3359-3381

Shan Lu, Zhenhua Zhang and Yuxi Pan

How Does Improved Investment Access Inspire Entrepreneurship? Evidence from Infrastructure Construction in China pp. 3382-3405

Tianshi Sun, Xiuyan Liu and Mingyue Wang

ESG Performance, Investor Confidence, and Foreign Direct Investment: Evidence from Listed Companies in China pp. 3406-3422

Xin Guan, Xinyue Wu and Wenli Zheng

The Impact of Economic Uncertainty on Cross-Border Capital Flows pp. 3423-3445

Du Zhang and Rundong Chen

Does Rapid Mortality Improvement Resolve the Annuity Puzzle?: Evidence from South Korea pp. 3446-3460

Dong-Hwa Lee, HyunJung Kim and Daehwan Kim

Does Government’s Attention to Green Development Promote Enterprise Green Transition? Evidence from China pp. 3461-3481

Shucheng Liu and Yilong Li

Impact of Financial Performance on Ethical Outcomes: Evidence from Korea’s Public Enterprises and Their Subsidiaries pp. 3482-3499

Seungwon Yu, Yeonwoo Sim and Suhee Kim

Promoting Rural Consumption by Engaging in Digital Finance: Based on the Triple Perspective of Consumption Scale, Consumption Structure, and Consumption Propensity pp. 3500-3513

Muchen Li and Yaoyi Yu

The Impact of Low-Carbon Location Policy on Corporate Green Innovation: A Quasi-Natural Experiment Based on National Low-Carbon Industrial pp. 3514-3531

Zhidong Tan, Qiandi Ma, Chiao-Ming Cheng and Lu-Jui Chen

Online Sales and Capacity Utilization Rate pp. 3532-3550

Yang Liu, Yanxiang Xie and Xuanming Wang

Digital Economy, Urban-Rural Integration, and High-Quality Agricultural Development pp. 3551-3571

Lixiang Zhang, Zhaoshuo Ning, Xinyuan Wang, Qianfeng Luo and Zequn Dong

How Do Financial Asset Holdings Affect Firm Value? Evidence from China pp. 3572-3594

Diandian Chen and Yong Ma

The Peer Influence on Green Innovation: Evidence from Product-Similarity-Based Peer Firms in China pp. 3595-3611

Qian Wang, Cheng Xiang, Zhuoyao Xin and Chunhong Li

2025, volume 61, articles 10

Spillover Effects of the Registration-Based IPO Reform on Analyst Earnings Forecast Quality pp. 2895-2915

Qinyang Li, Lu Huang, Wentao Cao and Yinying Chen

The Impact of Digital Finance on Coordinated Ecological and Economic Development: Evidence from China pp. 2916-2935

Fengge Yao and Jiayi Yu

Narcissism and Cost of Debt: Evidence from Signature Size Data in China pp. 2936-2951

Ying Li, Huiyang Zhou and Xiaohui Qu

Exposure to Credit Risk Spillovers and Corporate Earnings Management pp. 2952-2977

Tangrong Li, Fenggong Chen and Xuchu Sun

The Driving Effect of Industrial Robots on International Industrial Transfer: Empirical Evidence from China pp. 2978-2992

Zhaozhong Zhang and Ling Wang

Minority Shareholder Activism and Debt Financing Costs: Evidence from China pp. 2993-3021

Kezhi Liao, Zhihao Wang and Yu Zhang

ESG Performance and CEO Dismissal: Moderating Role of State-Owned Enterprises and Ownership Concentration pp. 3022-3035

Dong Shao, TieZhu Sun and Yechi Ma

Quality of Earnings Information, Technological Innovation, and Enterprise Value pp. 3036-3052

Liangguo Xu, Haicheng Shu, Ziqing Zhang and Xianglin Lu

Share Repurchase and Corporate Risk-Taking: Evidence from China pp. 3053-3073

Xinjian Huang, Yingxin Wen and Tao Zeng

Climate-Induced Disasters, Risk Resilience and Firm Performance pp. 3074-3095

Getao Hu, Jun Yang, Xi Cheng, Nan Li and Jun Li

FDI, Financing Constraints, and Firms’ Global Value Chain Position pp. 3096-3109

Yishu Liu, Mingwei Du, Yanping Zhou and Zhiming Zhang

The Role of Export Incentives and Bank Credit on the Export Survival of Firms in India During COVID-19 pp. 3110-3127

Radeef Chundakkadan, Subash Sasidharan and Ketan Reddy

A News Sentiment Index and Its Asymmetric Effect on Market Liquidity for the Chinese Stock Market pp. 3128-3143

Zhenxin Wang, Da Gao, Xinyu Wang and Shaoping Wang

Does Optimizing the Urban Business Environment Enhance Corporate Social Responsibility Performance? Evidence from Chinese Listed Firms pp. 3144-3171

Ling Yu and Zhanqiang Zhou

The Effect of Digital Transformation on Export Upgrading: Firm-Level Evidence from China pp. 3172-3192

Yibing Ding, Yining Sun and Jing Li

State-Owned Directors and Executives’ Participation in Governance and Innovation Performance of Non-State-Owned Enterprises: A Study Based on Reverse Mixed-Ownership Reform pp. 3193-3214

Xiaofang Chen, Xianhua Gong, Qin Li and Yu Hu

Exploring the Path to Carbon Neutrality in Prominent Asian Nations: How Green Technological Advancements, Transportation Initiatives, and Financial Progression Work? pp. 3215-3231

Chien-Chi Chu, Xiying Huang, Yun Ji and Liming Zhao

Too Much or Too Little? The Inverted U-shaped Relationship between Corporate Shadow Banking Activities and Green Production Efficiency pp. 3232-3259

Sijing Li, Yingkai Yin, Qiuyun Zhao and Jennhae Liou

2025, volume 61, articles 9

Can Heterogeneous Environmental Regulations Enhance the Capacity Utilization of Steel Enterprises? The Moderating Role of Government Subsidies and Political Embeddedness pp. 2557-2569

Chao Feng, Jiaxing Luo and Xi Cheng

Financial-Industrial Integration, Agency Cost, and Green Technological Innovation pp. 2570-2589

Liqun Kang, Zhikai Zhang, Han Peng and Rui Yu

The Effects of Formal Financial Inclusion on Informal Credit Use: Evidence from Colombia pp. 2590-2615

Héctor M. Posada, Carlos Felipe Gaviria-Garcés and David Londoño

E-Commerce and International Trade: The Case for Indonesia and Malaysia pp. 2616-2642

Seema Narayan

Climate Resilience Assessment of Chinese Cities and The Enhancement Effect of Fiscal Expenditure pp. 2643-2657

Cunpu Li, Lishuo Pan and Jing He

Influence of the Carbon Emissions Trading Policy on Green Patent Transfers: A Difference-In-Differences Design pp. 2658-2677

Siying Long, Xiaotong Shan and Zhongju Liao

What Factors Have Influenced Fiji’s Productivity? pp. 2678-2694

Peng Niu, Chun-Ping Chang, Ratu Navuaku Gavidi and Zhujia Yin

A Note on How Asia-Pacific Giants Australia, China and Japan Manage The Geopolitical Risk for Prices pp. 2695-2703

Susan Sunila Sharma, Aziz Hayat, Yoga Affandi and Arnita Rishanty

Unconventional Monetary Policies and Foreign Exchange Swaps: The Case of Turkey pp. 2704-2728

Ozan Eksi and Ivan Stetsyuk

The Service-Oriented Transformation Peer Effect in Manufacturing Enterprises pp. 2729-2744

Ling Ou, Zhibin Zhang and Renyu Li

The Effects of Data Restriction Policies and Institutions on Digital Financial Service and Trade pp. 2745-2762

Hongxia Zhang, Heeho Kim and Sangkil Moon

Chinese Monetary Policy Uncertainty and Firm Investment Efficiency pp. 2763-2785

Ang Li and Huayu Shen

How Does Stock Market Volatility Affect Wealth Inequality? — Evidence from the Perspective of Portfolio Heterogeneity pp. 2786-2799

Jiashan Li, Xingjian Yi, Biyun Yang and Li Zhou

How Does the Religiosity Enhance Risk-Taking of Chinese Private Enterprises: Internal Controlling or Social Supervision? pp. 2800-2822

Qicheng Zhao, Wei Yin, Zheyi Zhu and Berna Kirkulak-Uludag

Climate Change and Corporate Leverage Manipulation: Evidence from China pp. 2823-2845

Chao Yuan, Xiaoran Kong, Kung-Cheng Ho and Guifang Liu

Global Integration, Culture and Cross-Market Factor Momentum pp. 2846-2858

Tian Ma and Yuejie Wang

Monetary Policy Shocks, Investor Sentiment, and Stock Returns: Firm-Level Evidence from China pp. 2859-2876

Xiaoping Zeng, Yunchuan Sun, Ying Xu and Haifeng Hu

Distributed Learning Framework for Multi-timeframe Data Modelling in Financial Multi-step Forecasting pp. 2877-2894

Ali Mehrizi and Hadi Sadoghi Yazdi

2025, volume 61, articles 8

Interconnected Horizons: ASEAN’s Journey in the Global Semiconductor Trade Network Amidst the COVID-19 Pandemic and Supply Chain Realignments pp. 2185-2205

K. P. Prabheesh and C. T. Vidya

In Search of Risk Havens in the Global South—Interconnectedness Between Mining Stocks and Energy Commodity Future pp. 2206-2223

Rabindra Nepal, Miklesh Prasad Yadav, Nidhi Malhotra, Ravinder Verma and Silky Vigg Kushwah

Beyond the Core: Pollution Dynamics in Peripheral Cities Amidst Deepening Functional Division in Urban Agglomerations pp. 2224-2246

You Wu, Wanyu Xu, Jun Zha and Yun Zhang

How Political Relations Affect Trade: Firm-Level Evidence from the Belt & Road pp. 2247-2262

Jiejin Xia, Xingting Wang, Haicheng Wang and Helian Xu

The COVID-19 Pandemic and Entrepreneurial Dynamics in China pp. 2263-2279

Jiaqi Liu, Mingzhi Hu and Weijun Li

Impact of Conventional and Unconventional Monetary Policy on Correlations Across Financial Markets: Evidence from an Emerging Economy pp. 2280-2301

Pami Dua and Divya Tuteja

How Climate Risk Affects Corporate Green Innovation: Fresh Evidence from China’s Listed Companies pp. 2302-2315

Chi-Chuan Lee, Mingyue Li and Jian Zhang

Stock Mispricing, Resale Options, and Differences of Opinion pp. 2316-2337

Kai-Min Huang, I-Doun Kuo and Rong-Tsorng Wang

Geopolitical Risk and Trade Reorientation Dynamics: A Comparative Study pp. 2338-2359

Sidra Nazir, Kazi Sohag and Oleg Mariev

Global Value Chain Disruptions and Firm Survival During COVID-19: An Empirical Investigation pp. 2360-2373

Sasidaran Gopalan and Ketan Reddy

Supply Chain Finance, FinTech and Corporate Risk-Taking: Evidence from Textual Analysis of China Public companies’ Announcements pp. 2374-2400

Zhaoyi Xu, Bing Gong, Lei Hu and Haoran Gu

Air Quality and Executive Compensation: Evidence from a Spatial Discontinuity in China pp. 2401-2426

Kaixia Zhang, Caiqi Bu and Weibing Li

Minority Shareholders’ Dissent and Cost of Debt Financing: Evidence from Voting on Guarantee Proposals of Listed Companies in China pp. 2427-2459

Yingdan Jia, Shiyi Chen, Haiyan Yang and Yuyu Zhang

Returnee Directors and CEO Turnover-Performance Sensitivity pp. 2460-2474

Xiaoxue Zhang

The Impact of Fiscal Subsidies on New Energy Enterprises Sustainable Development Performance from the Climate Policy Uncertainty Perspective pp. 2475-2489

Miao Wang, Yiduo Wang and Lei Lei

Remittances and Household Welfare: Evidence from Nepal’s Survey Data pp. 2490-2506

Rohan Byanjankar, Guna Raj Bhatta, Baljeet Singh and Neluka Devpura

Common Ownership and Debt Default Risk pp. 2507-2533

Li Li, Erxia Tian and Wenjun Wei

Effect of Cross-Ownership on Firm Green Innovation pp. 2534-2555

Chaohui Xu

2025, volume 61, articles 7

Carbon Risk and Stock Return—Evidence from Chinese A-Share Listed Companies pp. 1819-1834

Sida Chen, Qingfang Wei and Weixing Cai

The Magnet Effect of Price Limits: An Agent-Based Approach pp. 1835-1855

Xinyue Dong, Tao Chen, Tian Gao, Honggang Li and Youwei Li

Labor Protection and Capital Structure of SMEs: Evidence from China’s Social Insurance Law pp. 1856-1877

Jianqiang Li, Wei Lin, Yan Xu, Jingyi Yu and Xiliang Zhao

Governments’ Environmental Targets and Corporate Green Innovation pp. 1878-1894

Yanping Wang, Yan Yu, Qiyan Li and Mingyue Zhong

COVID-19 and Firm Debt Financing: Evidence from China pp. 1895-1915

Chen Liu, Dongmin Kong and Mengxu Xiong

Green Light: Climate Change and Carbon Information Disclosure of Listed Companies in China pp. 1916-1937

Haizhu Zhao, Xiaoran Kong, Dapeng Liu and Kung-Cheng Ho

Governance and Currency Crises in Latin America Post-Nineties: A Machine Learning Approach pp. 1938-1960

Karla Melissa Guzmán and Hongzhong Fan

Returns on Education in the Digital Economy: Evidence from Flexible Workers pp. 1961-1977

Huaying Wei, Yufei Mao, Chunhui Yan and Siyu Cai

Flexible Inflation Targeting and Exchange Rate Passthrough in India: A Markov Switching Analysis pp. 1978-2000

Sayar Ahmad Shah

Does Improvement of the Social Credit Environment Facilitate Companies’ Introduction of Foreign Investment?— A Quasi-Natural Experiment of Social Credit System Reform Pilot Programs pp. 2001-2021

Zhitao Wang, Yinuo Xu, Linxiao Ding and Xiaofang Chen

The Combined Impact of Dual Policies on Carbon Reduction: A Study Focusing on Broadband China and Low-Carbon Pilot Policies pp. 2022-2038

Siyao Li, Yongwang Zhang, Georgina Kuruts and Hongmei Wang

The Impact of Green Tax on Enterprise High-Quality Development: Does Digital Technology Innovation Matter? pp. 2039-2058

Miao Wang, Yilin Wang and Chao Feng

Family Business Inheritance Tax, Innovative Firms, and Restrictions on Changing Industry: Evidence from Korea pp. 2059-2074

Jung Joo La and Jeung Seon Lee

The Impact of Debt Relief to Africa on Creditor Countries’ Product Exports: Evidence from China pp. 2075-2091

Churen Sun, Shiman Deng and Jinqiang Xu

Geopolitical Uncertainty and China’s Outward Foreign Direct Investment in “Belt and Road” Countries pp. 2092-2110

Liangyu Zhang, Jingjing Lyu, Shirui Huang and Yishu Liu

Does Hypocrisy Reduce Firm Value? Evidence from China pp. 2111-2142

Xingqiang Du, Rui Yu, Quan Zeng and Yiqi Zhang

A Place-Based Innovation Policy and Enterprise Digital Transformation: Evidence from China pp. 2143-2163

Jingjing Lyu and Kangyin Lu

Default Prediction for Wholesale and Retail Small and Medium-Sized Enterprises Using Loan Transaction and Market Evaluation Data pp. 2164-2183

Chao Peng, Gang Kou and Yi Peng

2025, volume 61, articles 6

Enterprise Annuity and Firm Innovation: Evidence from China pp. 1479-1507

Sheng Fan, Yonggen Luo, Huan Dou and Wenqi Han

Protecting Lucid Waters and Lush Mountains of Hometown: Local-Born Mayors and Pollution Reduction pp. 1508-1523

Weixing Cai, Yuqi Pu, Haowei Wang and Xi Bai

Government Restriction, Trading Network, and Bond Yield: A Quasi-Natural Experiment Based on the Chinese Inter-Bank Bond Market pp. 1524-1540

Dongmin Yao, Yixuan Xu, Zhao Jiangwei and Mengqi Cui

The Impact of Multi-Goal Constraints of Government on Corporate Green Technology Innovation pp. 1541-1555

Bo Sui, Biao Chen and Liuyang Yao

Efficiency of Educational Resources Investment: Does Financial Expenditure Matter? pp. 1556-1573

Jie Zhang, Guijuan Feng, Shixuan Ying, Zhijun Chen and Yidan Sun

VAT Reform and Labor Cost Stickiness: Evidence from China pp. 1574-1595

Haifeng Yin, Dong Chen and Shangkun Liang

Measuring Global FDI-Embodied Carbon Emissions pp. 1596-1613

Yuanyuan Li, Yonghua Li, Yuan Shi, Peng Wang and Yun Zhang

Local Government Debt and Corporate Fraud: Evidence from China pp. 1614-1629

Ziang Lin, Xin Wang and Zhili Wang

CVC Involvement, Digital Transformation, and Risk-Taking of Investee Companies: Evidence from China pp. 1630-1643

Lei Wang, Wenjing Chen and Yunbi An

The Macroeconomic Costs of SOE Default pp. 1644-1660

Kaihua Deng and Yu Xiao

Forecasting Bank Default Risk with Interpretable Machine Learning: The Study of Chinese Banks pp. 1661-1683

Pan Tang, Hongjuan Peng, Sihang Luo and Yangguang Liu

Dynamic Evolution of the Power Structure and Contracting State Status in the Regional Trade Agreement Network and Its Trade Feedback Effects pp. 1684-1711

Yayun Xu, Peiwen Zhang and Hao Li

An Analysis of The Distortive Effect of Environmental Policy Stringency on Physical Trade Balance for Fossil Fuels in China pp. 1712-1733

Godwin Olasehinde-Williams and Chien-Chiang Lee

Shadow Banking, Stock Market Volatility, and Stock-Money Market Correlation: Evidence from China pp. 1734-1752

Min Liu, Hong-Fei Liu and Chien-Chiang Lee

Pandemics, Local Institutional Quality, and Corporate Dividend Policy pp. 1753-1770

Qidi Zhang, Renji Sun, Tianxin Du and Kung-Cheng Ho

Does Fintech Foster the Development of Green Finance? pp. 1771-1781

Jie Xu, Tingting Li, Fu Chen and Yuanyuan Quan

A New Player in the International Bond Market: Comparing the Macroeconomic Determinants of Foreign-Currency Denominated Debt Before the Inclusion of the Renminbi in the SDR pp. 1782-1801

Alexandra Lopes, Gonçalo Ribeiro and Luis Martins

Tracing the Pathways of Economic Corruption: A Comprehensive Study of Chinese Grassroots Public Officials Based on Prison Data pp. 1802-1818

Kangqing Wang and Lin Tian

2025, volume 61, articles 5

How Does the “Shanghai-Shenzhen-Hong Kong Stock Connection Schemes” Impact the Excess Goodwill? pp. 1151-1159

Qunyang Du, Zhennan Sun, Tianle Yang and Xinran Shi

Are All Deposit Products in the Microfinance World Created Equal? pp. 1160-1176

Aleksandr Grigoryan, Knar Khachatryan, Valentina Hartarska and Roy Mersland

Blockholders, Environmental Information Disclosure, and the Cost of Debt pp. 1177-1196

Lei Wang, Yi-Fan Sha, Yin-Che Weng and Feng-Wei Zhuang

Can Corporate Environmental Social Responsibility and Financial Performance Achieve a Win-win Situation in China? -From the Perspective of Executive Social Capital pp. 1197-1218

Xiaofang Li, Zhuohang Li, Xiaoxiao Liu and Yan Wan

Can High-Quality Interactions Reduce the Regulatory Inquiries Received by Firms? Evidence from Interactive Investor Platforms in China pp. 1219-1235

Yujie Zhao, Ping Zhu, Zixuan Zhang and Ping Zhou

Could Digital Trade Promote Global Value Chain Participation? Evidence from Multinational Data pp. 1236-1248

Jingzhi Zhu, Lu Zheng, Yuhuan Zhao and Zhining Liu

Psychic Distance’s Impact on China’s Reverse M&A Innovation pp. 1249-1272

Yiran Zhao, Qin Ye and Jianfeng Cai

Supplier Instability and Idiosyncratic Risk in China: A Risk Mitigation Perspective from Real Options pp. 1273-1292

Jingbin He and Xinru Ma

How Does Digital Inclusive Finance Affect Household Financial Vulnerability? pp. 1293-1314

Yanhong Qian, Lei Yan and Wenli Huang

The Impact of Supply Chain Network Structure on Green Innovation: The Mediating Role of Knowledge Absorption pp. 1315-1341

Yubing Yu, Xinru Liu, Ye Wu and Yinghui Zhang

Digital Infrastructure and Firm Resilience: Evidence from China pp. 1342-1359

Pin Guo

Valuing Wealth with Liquidity Restrictions pp. 1360-1375

Rong Tang, Yuan Tian, Shou Chen and Ziran Zou

How Does the Level of Rule of Law Affect Foreign Direct Investment in Renewable Energy Power Projects? pp. 1376-1386

Tao Xu, Biao Shi and Jun Zhou

Global Value Chains and Systemic Risk: Evidence from China and the G7 Countries pp. 1387-1402

Siyu Zhu, Yong Li and Tong Niu

The Effect of Drinking Culture on Corporate Cash Holdings pp. 1403-1427

Jianhua Tan, Kam C. Chan and Ya Li

Financial Constraints and Firm Innovation Decision: The Roles of Corporate Governance and Risk Diversification pp. 1428-1445

Cancheng Hong and Ting Ren

The Role of Internal Control on Financial Fraud: Evidence of Pre-Fraud and Post-Punishment from Chinese Firms pp. 1446-1459

Bing Wang, Jianjue Bian, Yisong Xu and Duan Liu

Performance-Based Budgeting and Corporate Innovation: Evidence from a Quasi-Natural Experiment in China pp. 1460-1478

Xueping Wang, Xinglin Liu, Shichao Hu and Yuanyuan Wu

2025, volume 61, articles 4

How Does Digital Finance Stimulate Urban Innovation in China? The Perspective of Human Capital and Consumption Upgrading pp. 805-819

Wenhui Zhu, Yi-Qing Liu, Bingcheng Niu, Yuxuan Zhu and Mingbo Zheng

Impact of Deep Preferential Trade Agreements on Bilateral Value-Added Exports pp. 820-836

Qing Qin, Churen Sun, Hui Jiang and Yajun Zhu

Financialization and Stock Volatility of Low-/High-Tech Manufacturing Firms in China: The Moderating Role of M&A pp. 837-857

Shuangyan Li, Honghao Si, Chang Liu, Bei Gao and Mingbo Zheng

The Impact of Climate Change Factors on Financial Markets: Evidence from China pp. 858-874

Xiaoyun Xing, Wenpei Ouyang, Jing Deng and Ziluo Lin

How Does Macroprudential Policy Impact Bank Risk-Taking and Profitability: Evidence from Indian Commercial Banks pp. 875-902

Sanjiv Kumar and K.P. Prabheesh

Pension Insurance Contribution and Corporate Maturity Mismatch of Investment and Financing: Evidence from Contribution Rate Reduction in China pp. 903-924

Wenhui Jin, Wei Wang, JinQiang Yang and Shaohui Zhang

Sustainable Institutional Investors and Green Innovation: Evidence from Chinese Listed Firms pp. 925-939

Yifei Cao, Yujia Li, Zhiyi Xia and Yurui Zhang

The Effects of Foreign Direct Investment on Green Technology Innovation: New Evidence from China’s 278 Cities pp. 940-963

Yunfeng Yan, Zongqi Li, Yutong Zhang, Jie Wu and Yun Zhang

Bank Branches Expansion and Corporate Cash Holdings: Evidence from the Distribution of Bank Branches in China pp. 964-988

Wanli Li, Wendong Pan and Yifan Ding

Application of Event Study Methodology in the Analysis of Cryptocurrency Returns pp. 989-1009

Fan Zhou

Geopolitical Risk and Corporate ESG Performance: Evidence from China pp. 1010-1029

Yicheng Kuai and Huixin Wang

Can Outsiders Often See the Most? Evidence from China: The Impact of Foreign Investors on Insider Trading pp. 1030-1048

Wenxin Du, Zhanchi Wu, Yibin Lin, Xiaoling Zhou and Yongchao Deng

Do Investors’ Site Visits Improve Bond Market Pricing Efficiency? —An Empirical Study from the Secondary Bond Market pp. 1049-1065

Haoyang Li, Jiaxin Hu, Lidong Zheng and Lin Han

Does Mutual Tenure of CFOs and Auditors Affect Accounting Information Comparability? Evidence from China pp. 1066-1082

Tianyu Zhang, Yuanchi Li, Nanxin Ma and Yuhan Zhong

A Study of the Impact of Informal Finance on the Urban-Rural Income Gap - Evidence from China pp. 1083-1094

Xizhang Liu, Ruoyang Sun, Haiqing Hu, Di Chen and Qiang Fu

The Impact of SARS Epidemic on Firm Investment: Evidence from Listed Firms in China pp. 1095-1112

Jinyong Zhan, Zixie Zhang and Mingjie Rui

Monetary-Macroprudential Policy Synergy Through the Bank Lending Channel in Indonesia pp. 1113-1129

Fitri Handayani and Sekar Utami Setiastuti

Corporate Violations and Audit Opinions: Warning Effect or Uncovering Effect? pp. 1130-1149

Wenping Qi, Yongqi Bi, Weixue Chen, Dianpeng Wang and Kai Xing

2025, volume 61, articles 3

A Virtuous Relation Between Vigorous Board and Small Medium Enterprises’ Performance Under the Auspices of Cash Holdings and Corporate Innovation pp. 547-561

Syed Ghulam Meran Shah, Pablo Ruiz Palomino and Jaffar Abbas

The Coupling and Coordination Between Digital Economy and Green Economy: Evidence from China pp. 562-578

Quan-Jing Wang, Wen-Zhi Li, Zhan-Yuan Gong and Jia-Yu Fu

The Impact of Trade Credit on Global Value Chain Position: Evidence from Chinese Manufacturing Firms pp. 579-594

Yaozhi Xu, Jiakang Fan and Ying Hua

Do Market-Based Environmental Regulations Promote Green Development? A Quasi-Natural Experiment Based on Carbon Emissions Trading Pilot of China pp. 595-611

Jian Liu, Ziwen Yuan, Lizhao Yan and Wanling Zhou

Decoding the Voice: Media Variations in EPU and Foreign Capital Dynamics pp. 612-626

Ziyang Hong, Chuanjie Wang, Yongqi Zeng and Ping Zhang

The Value of Integrity: The Impact of Management Integrity on Corporate Financial Distress pp. 627-640

Mo Yang, Sishi Yue and Dayong Dong

Takeover Threats and Corporate Tax Avoidance: Evidence from Market-Oriented Control Reform in China pp. 641-668

Shihao Wang, Tao Wang, Chunxian Wu and Jing Zhang

Foreign Banks, Asymmetric Information and Financial Inclusion in Emerging and Developing Countries pp. 669-683

Kamilah Williams

Emerging Stock Market Integration and Corporate Bond Credit Spreads pp. 684-699

Jiao Jing, Shentong Rao and Yuanyuan Song

China’s Anti-Corruption Campaign and Internal Pay Gap: Evidence from a Quasi-Natural Experiment of Inspection Supervision Campaign pp. 700-713

Endian Yan, Zizhen Shan and Qingyi Peng

Institutional Investor Distraction and Investment Efficiency pp. 714-733

Taiyun Zhou, Xuefeng Sun, Gang Yao and Xiaorun Wang

Can CFOs Serving as Board Secretaries Improve Management Earnings Forecast Quality? pp. 734-749

Shasha Liu, Huixian Zhao and Yuhuan Wu

Does CFO Gender Matter in Corporate Cash Holdings? Evidence from an Emerging Country pp. 750-772

Jonghyuk Bae, Kunsu Park, Ziyi Wang, Yunbing Huang, Ziyun Gu and Yanxuan Li

The Impact of Investor Sentiment on Corporate Tax Avoidance from a Behavioral Finance Perspective pp. 773-785

Xuanzheng Zhou

Global Shocks and Monetary Policy Transmission in Emerging Markets pp. 786-803

Nuobu Renzhi and John Beirne

2025, volume 61, articles 2

High-Speed Rail: A Fast Lane for Information Delivery of China’s IPOs pp. 273-288

Yizhe Shi, Chiming Guan, Jing-Wen Chang and Hongzhe Liu

The Impact of Internal Whistleblowing on Product Quality Regulation: A Tripartite Evolutionary Game Analysis pp. 289-306

Lu Chen, Yan Guo, Ning Wang and Zheyun Zhao

Value-Enhancing Effect of Climate Change Risk Disclosure by Firms: Empirical Evidence Based on Textual Analysis and Machine Learning pp. 307-326

Wenwei Guo, Baoling Mo, Yanling Chen and Zicong Huang

The Blockchain and Corporate Innovation: Evidence from China pp. 327-353

Ping Zhang, Suqin Huang and Tewei Wang

The Impact of Climate Policy Risk on Carbon-Emission Heterogeneous Assets: Evidence from China pp. 354-369

Jianfeng Li, Xiaoyang Yao, Guanglin Sun, Tongyu Lu and Wei Le

Dynamic Equilibrium Between Equity Control and Residual Control: Impact on Corporate Fraud and Innovation pp. 370-391

Jingnan Song, Yanxiang Xie and Jihua Zhang

Directors’ and Officers’ Liability Insurance and Related-Party Transactions: Evidence from China pp. 392-405

Hongyan Huang, Dunli Zhang and Li Wang

Transportation and Stock Mispricing: Evidence from High-Speed Rail Development in China pp. 406-426

Chiming Guan, Yizhe Shi and Kung-Cheng Ho

Being Friendly Directors: Board Co-option and Labor Investment Efficiency pp. 427-452

Wenjing Yin, Weiping Li and Yumiao Yu

Geopolitical Risk and China’s Crude Oil Futures: An Empirical Study Based on the Cross-Quantilogram Approach pp. 453-475

Min Liu, Wei-Ying Ping and Chien-Chiang Lee

D&O Insurance and Firms’ Environmental Information Disclosure: Evidence from China pp. 476-492

Yuliang Zhao and Xiandong Yang

Policy Effectiveness in Mitigating Pandemic-Induced Macroeconomic Impacts: Evidence from Large Net Oil Importers of Asia pp. 493-515

Bhavesh Garg

Does Dialect Diversity Affect Enterprise Performance? Evidence from China pp. 516-528

Chenyu Zhao and Peng Zhou

Special Economic Zones and Firms’ Trade Regime pp. 529-546

Yuan Chen, Yifan Ning, Yangfei Xu and Yawen Zheng

2025, volume 61, articles 1

How Live Marketing Affects Green Purchase in the Age of Artificial Intelligence? pp. 1-20

Chien-Chiang Lee, Changchun Pan and Yuhang Song

Regional Climate Risk and Corporate Social Responsibility: Evidence from China pp. 21-43

Hanying Wang, Xiaoyuan Niu and Hongwei Xing

Extreme Weather and Firm Market Value: Roles of Corporate Social Responsibility and Stock Analyst Attention pp. 44-65

Yunting Feng, Junjun Liu and Jiangxin Hu

Targeted Poverty Alleviation and Entrepreneurship Among The Poor pp. 66-79

Junhui Wang and Mengyin Jie

On Regional Bank Concentration and Firm Leverage: The Case of Colombia pp. 80-93

José J. Cao-Alvira and Jose Gomez-Gonzalez

Environmental Penalties and Financing Punishment: Evidence from Incremental Bank Loans pp. 94-109

Xiaoyan Chen, Xiaobei Huang and Han Yan

How Does Financial Technology Innovation Impact Business Performance? pp. 110-124

Jianwei Li, Renyi Wei and Lu Sui

Efficiency in the Early Stages of Carbon Markets: The Case of the Korean Emissions Trading Scheme pp. 125-141

Beomseok Yoon and Berna Karali

Does Climate Policy Uncertainty Affect Bank Systemic Risk?- Empirical Evidence from China pp. 142-153

Chenyao Zhang, Xiaoxing Liu and Guangyi Yang

Mitigating Financial Investment Polarization: The Role of Digital Payments in Enhancing Household Participation pp. 154-170

Shao-Chieh Hsueh, Shuoxun Zhang and Liming Hou

Religiosity and Carbon Emissions: International Evidence pp. 171-187

Xingqiang Du, Qiao Lin and Yingjie Du

Media Coverage of Corporate Social Irresponsibility and Firm value: The Moderating Role of CSR Contracting pp. 188-215

Hsuan-Lien Chu, Albert Tsang and Chih-Wei Chang

Informed Trading and Return Predictability in China: Research Based on Ensemble Neural Network pp. 216-240

Peiran Li and Lu Yang

Tax Incentives, Confidence, and Enterprise Innovation in Chinese Listed Companies pp. 241-255

Haomin Wang, Xingtong Chen, Jia Chen and Chaohui Xu

Reaping Digital Dividends: The Impact of Supply Chain Finance on Corporate Technological Innovation in China pp. 256-272

Chien-Chiang Lee, TianYun Qi and Chi-Chuan Lee