The European Journal of Finance

1995 - 2025

Current editor(s): Chris Adcock

From Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst (chris.longhurst@tandf.co.uk).

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 31, issue 6, 2025

Inflation expectations and the stock-bond nexus in the US: hedging implications pp. 671-695

Elham Kamal, Naji Jalkh and Elie Bouri

A primer on Chapter 11 bankruptcy filings: why the genders of the CEO and judge (may) matter pp. 696-724

Wolfgang Breuer and Katharina Mersmann

Idiosyncratic factors that shape shareholder reward policies in capital intensive companies pp. 725-748

Christos Sigalas and Kelly Gerakoudi

Is zero leverage good for firms’ performance? pp. 749-780

Flávio Morais, Zélia Serrasqueiro and Joaquim J.S. Ramalho

Language similarity and IPO underpricing pp. 781-810

Feng Chen, Haoyu Wang and Pu Zhao

Volume 31, issue 5, 2025

Gambling preference, information risk, and the pricing of bank loans pp. 523-552

Samar S. Alharbi, Md Al Mamun, Nader Atawnah and Sabri Boubaker

Exploring the predictive ability of cost asymmetry on bankruptcy pp. 553-593

Dimitrios Ntounis and Orestes Vlismas

Shadow banking, macroprudential regulation and redistributional effects* pp. 594-615

Margarita Rubio

Does it pay to be Green? The impact of equator principles on project loans pp. 616-646

Gabriel J. Power and Djerry C. Tandja-M.

Mutual fund performance: the model for selecting persistent winners pp. 647-669

Cesario Mateus, Irina B. Mateus and Natasa Todorovic

Volume 31, issue 4, 2025

Do risk disclosures enhance the efficacy of regulatory and supervisory frameworks in restricting banks’ risk-taking? pp. 383-426

Chris Magnis, Stephanos Papadamou and Athanasios P. Fassas

Measuring ESG risk premia with contingent claims pp. 427-450

Ioannis Michopoulos, Alexandros Bougias, Athanasios Episcopos and Efstratios Livanis

Portfolio choice with narrow framing and loss aversion: a simplified approach pp. 451-476

Andrew Grant, Oh Kang Kwon and Stephen Satchell

Green values and transparency of household savings: a survey pp. 477-507

Maxime Merli, Mariya Pulikova and Tristan Roger

Trump’s fake news and stock market returns pp. 508-522

Antonios Siganos

Volume 31, issue 3, 2025

Societal trust and information timeliness: international evidence pp. 231-259

Qiyu Zhang, Rong Ding, Wenhong Ding and Wenbin Cao

Macroeconomic uncertainty and the excess returns of stock pp. 260-288

Yingfan Ge, Xiangyun Xu, Cong Yu and Jie Meng

Individualism and stock market participation pp. 289-317

Yang Zhou, Weijie Lu, Geng Niu and Ziqiong Xi

Portfolio optimization beyond utility maximization: the case of driftless markets pp. 318-347

Jan Vecer, Mark Richard and Stephen Taylor

Adverse impact of capital regulatory reform and policy remedy: theory and evidence pp. 348-381

Ruo Jia, Zenan Wu and Yulong Zhao

Volume 31, issue 2, 2025

Make it up to you or not: understanding the role of substantive versus symbolic CSR activities following product-harm crises pp. 99-121

Yaopan Yang, Songsong Li and Jin Yang

Social responsibility and corporate borrowing pp. 122-146

Huajin Liu, Youwei Li, Yajun Xiao, Xiong Xiong and Wei Zhang

Managing for the future: managerial short-termism impact on corporate ESG performance in China pp. 147-173

Guoying Deng, Hanying Liu, Jingzhou Yan and Shibo Ma

Sustainability and private investors pp. 174-201

Bonnie Buchanan, Hanna Silvola and Emilia Vähämaa

CEO overconfidence and the speed of adjustment of cash holdings pp. 202-229

Izidin El Kalak, Marc Goergen and Yilmaz Guney

Volume 31, issue 1, 2025

The first is free: do employee stocks incentivize stock market participation? pp. 1-13

Ulf Nielsson and Oliver-Alexander Press

Negative rates and bank profit and cost efficiency: evidence for Eurozone pp. 14-30

Panagiota Siameti, Dimitris K. Chronopoulos and George Dotsis

Quantitative easing and the functioning of the gilt repo market pp. 31-52

Mahmoud Fatouh, Simone Giansante and Steven Ongena

Economic policy uncertainty and capital structure in Europe: an agency approach pp. 53-75

Pedro Luis Vega-Gutiérrez, Félix J. López-Iturriaga and Juan Antonio Rodríguez-Sanz

Interaction between investor sentiment, limits to arbitrage and the returns of stock market anomalies: evidence from the UK stock market pp. 76-98

Y. Alburaythin, S. G. M. Fifield and S. Paramati

Volume 30, issue 18, 2024

Does the form of state ownership and political connections influence the incidence of financial statement fraud? pp. 2111-2136

Yang Wang, John K. Ashton and Jia Liu

The impact of bank money on stock market integration: evidence from the Eurozone pp. 2137-2156

Messaoud Chibane, Amadeus Gabriel and Gabriel Giménez Roche

Identifying systemic risk drivers of FinTech and traditional financial institutions: machine learning-based prediction and interpretation pp. 2157-2190

Yan Chen, Gang-Jin Wang, You Zhu, Chi Xie and Gazi Salah Uddin

Volume 30, issue 17, 2024

Climate risk and financial stability: evidence from syndicated lending pp. 2001-2031

Thomas Conlon, Rong Ding, Xing Huan and Zhifang Zhang

Revealing the risk perception of investors using machine learning pp. 2032-2058

Marina Koelbl, Ralf Laschinger, Bertram I. Steininger and Wolfgang Schaefers

Digital transformation and innovation activities: evidence from publicly-listed firms in China pp. 2059-2075

Zhan Xu, Qingbin Meng and Song Wang

Transition versus physical climate risk pricing in European financial markets: a text-based approach pp. 2076-2110

Giovanna Bua, Daniel Kapp, Federico Ramella and Lavinia Rognone

Volume 30, issue 16, 2024

Cryptocurrency research: future directions pp. 1849-1854

Andrew Urquhart and Larisa Yarovaya

International monetary policy and cryptocurrency markets: dynamic and spillover effects pp. 1855-1875

Ahmed Elsayed and Ricardo Sousa

Time-varying spillovers of higher moments between Bitcoin and crude oil markets and the impact of the US–China trade war: a regime-switching perspective pp. 1876-1906

Yang (Greg) Hou, Yujia Li, Yang Hu and Les Oxley

Discontinuous movements and asymmetries in cryptocurrency markets pp. 1907-1931

Konstantinos Gkillas, Paraskevi Katsiampa, Christoforos Konstantatos and Athanasios Tsagkanos

Investor attention and idiosyncratic risk in cryptocurrency markets pp. 1932-1950

Shouyu Yao, Xiaoran Kong, Ahmet Sensoy, Erdinc Akyildirim and Feiyang Cheng

Do investors feedback trade in the Bitcoin—and why? pp. 1951-1971

Rabaa Karaa, Skander Slim, John W. Goodell, Abhinav Goyal and Vasileios Kallinterakis

If you feel good, I feel good! The mediating effect of behavioral factors on the relationship between industry indices and Bitcoin returns pp. 1972-1983

Antonios Kalyvas, Zeming Li, Panayiotis Papakyriakou and Athanasios Sakkas

How stable are stablecoins? pp. 1984-2000

Lai T. Hoang and Dirk G. Baur

Volume 30, issue 15, 2024

Local public corruption and corporate debt concentration: evidence from US firms pp. 1703-1727

Theodora Bermpei and José M. Liñares-Zegarra

Corporate sensitivity to sovereign credit distress: the mitigating effects of financial flexibility pp. 1728-1756

Huong Vu, Patrycja Klusak, Shee Yee Khoo and Rasha Alsakka

Access to finance for UK social enterprises pp. 1757-1784

José M. Liñares-Zegarra and John O. S. Wilson

Where the money is: branch network structure and bank profitability in Switzerland pp. 1785-1816

Marc Domenic Fuchs, Jojo Jacob and Florian Kiesel

Corporate dividend policy, managerial overconfidence, myopia, and investor irrationality: a complex concoction pp. 1817-1847

Abdullah AlGhazali, Richard Fairchild and Yilmaz Guney

Volume 30, issue 14, 2024

Hedging, optimal capital structure and incentives for risk-shifting with preferences for liquidity pp. 1563-1576

Pengfei Luo, Ting Lu, DanDan Song and Jinglu Jiang

Sentiment matters: the effect of news-media on spillovers among cryptocurrency returns pp. 1577-1613

Erdinc Akyildirim, Ahmet Faruk Aysan, Oguzhan Cepni and Özge Serbest

Navigating through crisis: an empirical investigation of effective response strategies for reputation restoration pp. 1614-1641

Shuhan Chen, Guangqing Yang and Qian Han

Lenders’ culture and the pricing of public corruption in corporate loans: evidence from the United States pp. 1642-1675

Theodora Bermpei, Christine Christofi-Hau and Antonios Nikolaos Kalyvas

Analysts’ forecast anchoring and discontinuous market reaction: evidence from China pp. 1676-1701

Ruixin Fan, Xiong Xiong, Youwei Li and Ya Gao

Volume 30, issue 13, 2024

Investor sentiment and stock market returns: a story of night and day pp. 1437-1469

Wenzhao Wang

Do social media sentiments drive cryptocurrency intraday price volatility? New evidence from asymmetric TVP-VAR frequency connectedness measures pp. 1470-1489

Suwan (Cheng) Long, Ioannis Chatziantoniou, David Gabauer and Brian Lucey

The employment effects of short selling: evidence from China pp. 1490-1519

Hengmiao Bao, Yushuang Li and Jiaoliang Jiang

Institutionalization and prudence attitude in an imperfect competitive market pp. 1520-1547

Yanjie Wang, Yanyi Wang, Shunming Zhang and Helen Huang

Model scan of factors in U.K. stock returns pp. 1548-1561

Jonathan Fletcher, Andrew Marshall and Michael O’Connell

Volume 30, issue 12, 2024

Let me sleep on it: sleep and investor reactions to earnings surprises pp. 1327-1344

Angelica Gonzalez and Xuhao Li

Bond default risk transmission through a common underwriter: evidence from China pp. 1345-1361

Chunqiang Zhang, Tingyuan Zhu, Xi Gao, Kam C. Chan and Xiaojun Chen

The influence of cultural norms on international equity allocation pp. 1362-1385

Alexandru Todea and Cristina Harin

Information processing costs and credit ratings: evidence from investor interactive platforms in China pp. 1386-1405

Rongli Yuan, Wenyue Jin and Lisha Luo-Yang

The benefits of return smoothing in insurer's cover funds – analyzes from a client's perspective pp. 1406-1436

Jochen Ruß, Stefan Schelling and Mark Benedikt Schultze

Volume 30, issue 11, 2024

Internationalization and zero leverage pp. 1185-1211

Eleni Chatzivgeri, Panagiotis Dontis-Charitos, Sheeja Sivaprasad and Jonathan Williams

Investigation of the effect of global EPU spillovers on country-level stock market idiosyncratic volatility pp. 1212-1238

Mustafa O. Caglayan, Yuting Gong and Wenjun Xue

How does institutional investor preference influence corporate green innovation in China? pp. 1239-1269

Zhongfei Chen, Wenbin Zuo and Guanxia Xie

Crash risk connectedness in commodity markets pp. 1270-1294

Najaf Iqbal, Muhammad Abubakr Naeem, Sitara Karim and Muhammad Haseeb

The role of board age diversity in the performance of publicly listed Fintech entities pp. 1295-1326

Paraskevi Katsiampa, Paul B. McGuinness and Hanxiong Zhang

Volume 30, issue 10, 2024

Female venture capitalists on boards and firm innovation in China pp. 1049-1072

Jiani Fan, Xiuping Hua, Miao Wang and Yong Wang

Financial network structure and systemic risk pp. 1073-1096

Chuangxia Huang, Yanchen Deng, Xiaoguang Yang, Yaqian Cai and Xin Yang

Industry volatility spillover and aggregate stock returns pp. 1097-1126

Yaojie Zhang, Mengxi He and Danyan Wen

Tax uncertainty and corporate innovation output: evidence from China pp. 1127-1163

Wanyi Chen, Siyuan Liang and Liguang Zhang

Measuring the differentiation and decentralization of managers' risk attention and their impacts pp. 1164-1183

Ling Zhou, Zongrun Wang and Jianxin Wang

Volume 30, issue 9, 2024

Portfolio allocation and borrowing constraints pp. 915-948

Raslan Alzuabi, Sarah Brown, Daniel Gray, Mark Harris and Christopher Spencer

A Hawkes process analysis of high-frequency price endogeneity and market efficiency pp. 949-979

Jingbin Zhuo, Yufan Chen, Bang Zhou, Baiming Lang, Lan Wu and Ruixun Zhang

Bank market power and interest rate setting: why consolidated banking data matter pp. 980-1007

Théo Nicolas

Indigenous corporate responsibility and financial performance pp. 1008-1029

Marie Racine

Labor unions and debt covenant violations* pp. 1030-1047

Guangzi Li, Yili Lian and Yi Zhang

Volume 30, issue 8, 2024

Memory-enhanced momentum in commodity futures markets pp. 773-802

Julia S. Mehlitz and Benjamin R. Auer

Assessing systemic risk spillovers from FinTech to China’s financial system pp. 803-826

Maoxi Tian, Rim El Khoury, Nohade Nasrallah and Muneer Alshater

An enhanced investor sentiment index* pp. 827-864

Sze Nie Ung, Bartosz Gebka and Robert Anderson

Information search costs and trade credit: evidence from high-speed rail connections pp. 865-888

Haijie Huang, Steven Xianglong Chen, Edward Lee and Dongdong Li

The impact of the global financial crisis and the European sovereign debt crisis on the capital structure of firms in Europe: do SMEs, and listed firms respond the same? pp. 889-913

Tinashe C. Bvirindi and Ode-Ichakpa Inalegwu

Volume 30, issue 7, 2024

Sustainable finance and governance: an overview pp. 669-672

Stylianos Asimakopoulos, Chardin Wese Simen and Andrew Vivian

The combined effects of economic policy uncertainty and environmental, social, and governance ratings on leverage pp. 673-695

Panagiotis Asimakopoulos, Stylianos Asimakopoulos and Xinyu Li

Responsible investments: an analysis of preference – the influence of local political views on the return on ESG portfolios pp. 696-725

Adam Blomqvist and Francesco Stradi

The effects of the EU non-financial reporting directive on corporate social responsibility pp. 726-752

Francesca Cuomo, Silvia Gaia, Claudia Girardone and Stefano Piserà

ESG complementarities in the US economy pp. 753-771

Meryem Duygun, Stephen Hall, Aliya Kenjegalieva and Amangeldi Kenjegaliev

Volume 30, issue 6, 2024

Profitability of insider trading in Turkey pp. 549-574

Sureyya Avci

A reality check on the GARCH-MIDAS volatility models pp. 575-596

Nader Virk, Farrukh Javed, Basel Awartani and Stuart Hyde

Culture and integration of Eurozone life insurance markets pp. 597-617

María Rubio-Misas

Optimal intertemporal liquidation of institutional investors with cash requirements and viable loans pp. 618-641

Dongyeol Lee and Woo Chang Kim

Informational inefficiency on bitcoin futures pp. 642-667

Shimeng Shi, Jia Zhai and Yingying Wu

Volume 30, issue 5, 2024

Do dividend policies of privately held firms follow a life cycle? pp. 457-480

Jovana Cadenovic, Marc Deloof and Ine Paeleman

A new channel for global volatility propagation pp. 481-502

Shuning Chen and Jianxin Wang

Valuation of spread options under correlated skew Brownian motions pp. 503-523

Shiyu Song, Xingchun Wang and Xiaowen Zhang

Kindness or hypocrisy: political mindset and corporate social responsibility decoupling in Chinese firms pp. 524-548

Zhi Wang, Gerhard Kling and Peter Rejchrt

Volume 30, issue 4, 2024

The impact of corruption on investment and financing in the European Union: new insights pp. 339-344

Jorge Farinha and Oscar López-de-Foronda

Corruption-related disclosure in the banking industry: evidence from GIPSI countries pp. 345-369

Pablo de Andrés, Salvatore Polizzi, Enzo Scannella and Nuria Suárez

Do corruption perceptions impact the pricing and access of euro area corporations to bond markets? pp. 370-384

Marta Alonso, Judith Arnal, Andrés Mesa-Toro and Antonio Moreno

Country corruption and corporate cash holdings: the mediating effect of firm’s anti-bribery policy pp. 385-410

Teresa Elvira-Lorilla, Inigo Garcia-Rodriguez, M. Elena Romero-Merino and Marcos Santamaria-Mariscal

Corruption, national culture and corporate investment: European evidence pp. 411-429

Conrado Diego García-Gómez, Ender Demir, José María Díez-Esteban and Edmundo Lizarzaburu Bolaños

Determinants of the use of European Structural and Investment Funds pp. 430-455

David Blanco-Alcántara, Jorge Gallud Cano and Florencio Lopez-de-Silanes

Volume 30, issue 3, 2024

Finally, it seems to be working – the evolving valuation effect of the European Union’s emissions trading system pp. 229-248

Benjamin Lynch and Martha O’Hagan-Luff

Risk taking in the context of financial advice: does gender interaction matter? pp. 249-268

Jerome Monne, Janette Rutterford and Dimitris P. Sotiropoulos

What drives the performance and causality of green bond indices? pp. 269-287

Konstantinos Baltas and Robert Mann

International music preferences as a measure of culture: evidence from cross-border mergers pp. 288-304

Antonios Siganos

Keeping it in the family: financial constraints and the succession intention of micro and small enterprises in China pp. 305-322

Kong-lin Ke, Xiaohui Hou and Chun Liu

Hedging quantitative easing pp. 323-338

Adrian Melia, Xiaojing Song, Mark Tippett and John van der Burg

Volume 30, issue 2, 2024

Improving financial volatility nowcasts* pp. 101-126

Robinson Kruse-Becher and Yuze Liu

Pricing credit-risky bonds using recovery rate uncertainty and macro-regime switching pp. 127-143

Son-Nan Chen, Pao-Peng Hsu and Kuo-Yuan Liang

Natural disasters and corporate innovation pp. 144-172

Huong Le, Tung Nguyen, Andros Gregoriou and Jerome Healy

Disentangling prefectural similarities in the capital structure of Japanese SMEs through pairwise testing pp. 173-204

Huseyin Ozturk and Yukihiro Yasuda

The cost of fragmentation: lessons from initial public offerings pp. 205-228

Moez Bennouri, Sonia Falconieri and Daniel Weaver

Volume 30, issue 1, 2024

Women on boards and corporate social irresponsibility: evidence from a Granger style reverse causality minimisation procedure pp. 1-27

Christopher Godfrey, Andreas G. F. Hoepner, Ming-Tsung Lin and Ser-Huang Poon

How does mutual fund flow respond to oil market volatility? pp. 28-52

Bader Jawid Alsubaiei, Giovanni Calice and Andrew Vivian

Financial ratios and stock returns reappraised through a topological data analysis lens pp. 53-77

P. Dłotko, W. Qiu and S. T. Rudkin

Ascertaining price formation in cryptocurrency markets with machine learning pp. 78-100

Fan Fang, Waichung Chung, Carmine Ventre, Michail Basios, Leslie Kanthan, Lingbo Li and Fan Wu