International Journal of Finance & Economics

2011 - 2025

Continuation of International Journal of Finance & Economics.

Current editor(s): Mark P. Taylor, Keith Cuthbertson and Michael P. Dooley

From John Wiley & Sons, Ltd.
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Volume 28, issue 4, 2023

Economic policy uncertainty and stock markets’ co‐movements pp. 3471-3487

Peter Albrecht, Svatopluk Kapounek and Zuzana Kucerova

Global factors and the transmission between United States and emerging stock markets pp. 3488-3510

Muhammad Abubakr Naeem, Saqib Farid, Fiza Qureshi and Farhad Taghizadeh‐Hesary

Long‐short speculator sentiment in agricultural commodity markets pp. 3511-3528

Oliver Borgards and Robert Czudaj

The ability of U.S. macroeconomic variables to predict Asian financial market returns pp. 3529-3551

Kae‐Yih Tzeng

Bibliometric analysis of global research trends on microfinance institutions and microfinance: Suggesting new research agendas pp. 3552-3573

Adnan Ali, Suresh Ramakrishnan, Faisal Faisal and Zahir Ullah

What drives the distress risk–return puzzle? A perspective on limits of arbitrage pp. 3574-3592

Yezhou Sha, Ziwen Bu and Zilong Wang

A novel best‐worst‐method two‐stage data envelopment analysis model considering decision makers' preferences: An application in bank branches evaluation pp. 3593-3610

Hashem Omrani, Arash Alizadeh, Ali Emrouznejad and Zeynab Oveysi

Investment opportunities in the energy market: What can be learnt from different energy sectors pp. 3611-3636

Gazi Uddin, Maziar Sahamkhadam, Muhammad Yahya and Ou Tang

Financial market integration in sub‐Saharan Africa: How important is contagion? pp. 3637-3653

Robert Akunga, Ahmad Hassan Ahmad and Simeon Coleman

Club convergence and factors of income inequality in the European Union pp. 3654-3666

Claudia Suárez‐Arbesú, Nicholas Apergis and Francisco J. Delgado

Unbundling institutional determinants of innovation pp. 3667-3688

Qing (Larry) Chen and Kelley Bergsma Lovelace

Forecasting China's stock market volatility with shrinkage method: Can Adaptive Lasso select stronger predictors from numerous predictors? pp. 3689-3699

Chao Liang, Yongan Xu, Zhonglu Chen and Xiafei Li

Impact of capital account liberalization on stock market crashes pp. 3700-3726

Rizwan Khalid, Choudhry Tanveer Shehzad and Bushra Naqvi

Is the Fisher effect asymmetric? Cointegration analysis and expectations measurement pp. 3727-3748

David Cushman, Glauco De Vita and Emmanouil Trachanas

Unveiling the black swan of the finance‐growth Nexus: Assumptions and preliminary evidence of virtuous and unvirtuous cycles pp. 3749-3773

Eliana Lauretta, Sajid M. Chaudhry and Daniel Santamaria

Synthetic money: Addressing the budget‐constraint issue pp. 3774-3788

Michael Kunkler

Capital‐constrained loan creation, household stock market participation and monetary policy in a behavioural new Keynesian model pp. 3789-3807

Naira Kotb and Christian R. Proaño

Clarifying the impact of corporate governance and intellectual capital on financial performance: A longitudinal study of Deutsche Bank (1957–2019) pp. 3808-3823

Tasawar Nawaz and Oliver Ohlrogge

State history, governance and financial institutions' efficiency: Evidence from African countries pp. 3824-3832

Atanga Ondoa Henri and Seabrook Arthur Mveng

Information diversity and household portfolio diversification pp. 3833-3845

Zhifeng Liu, Kaixin Li and Tingting Zhang

Macro‐management policies: A supporting role to company' capital expenditure pp. 3846-3864

Chokri Zehri

Is there J‐curve effect in the US Service Trade? Evidence from asymmetric analysis pp. 3865-3875

Mohsen Bahmani‐Oskooee and Huseyin Karamelikli

Do corporate governance mechanisms and ESG disclosure drive CSR narrative tones? pp. 3876-3890

Khaldoon Albitar, Tony Abdoush and Khaled Hussainey

The short‐run and long‐run effects of trade openness on financial development: Some panel evidence for Europe pp. 3891-3901

Guglielmo Maria Caporale, Anamaria Diana Sova and Robert Sova

Firm‐level impact of the global financial crisis: Evidence on innovation from Latin America pp. 3902-3917

King Yoong Lim and Diego Morris

Open account, import decision and financial constraints: A cross‐country firm‐level study pp. 3918-3937

Nguyen Van Tien and Thang Doan

Connectedness between G10 currencies: Searching for the causal structure pp. 3938-3959

Timo Bettendorf and Reinhold Heinlein

Are lower interest rates really associated with higher growth? New empirical evidence on the interest rate thesis from 19 countries pp. 3960-3975

Kang‐Soek Lee and Richard A. Werner

A disaggregated approach to analysing the effects of globalization and energy consumption on economic growth: New insights from low‐income countries pp. 3976-3996

Kizito Uyi Ehigiamusoe

Analysis of stock markets risk spillover with copula models under the background of Chinese financial opening pp. 3997-4019

Jiangze Du, Xizhuo Chen, Jincheng Gong, Xiao Lin and Kin Keung Lai

Effects of monetary policy on the skill premium and the growth rate in a directed technical change model with heterogeneous cash‐in‐advance constraints pp. 4020-4036

Oscar Afonso and Pedro Lima

Greek government‐debt crisis events and European financial markets: News surprises on Greek bond yields and inter‐relations of European financial markets pp. 4037-4054

Konstantinos Gkillas, Paraskevi Katsiampa, Dimitrios Vortelinos and Mark E. Wohar

The moderating effects of CEO power and personal traits on say‐on‐pay effectiveness: Insights from the Anglo‐Saxon economies pp. 4055-4078

Essam Joura, Qin Xiao and Subhan Ullah

Basel accords and banking inefficiency: Evidence from the Italian local market pp. 4079-4119

Cristian Barra, Anna Papaccio and Nazzareno Ruggiero

The impact of R&D investment on grain crops production in China: Analysing the role of agricultural credit and CO2 emissions pp. 4120-4138

Abbas Ali Chandio, Yuansheng Jiang, Waqar Akram, Ilhan Ozturk, Abdul Rauf, Aamir Ali Mirani and Huaquan Zhang

Does financial fraud affect implied cost of equity? pp. 4139-4155

Asad Ali Rind, Aitzaz Ahsan Alias Sarang, Ameet Kumar and Muhammad Shahbaz

High frequency volatility forecasting: A new approach using a hybrid ANN‐MC‐GARCH model pp. 4156-4175

Aneessa Firdaus Jumoorty, Ruben Thoplan and Jason Narsoo

Mechanism analysis of the influence of oil price uncertainty on strategic investment of renewable energy enterprises pp. 4176-4193

Boqiang Lin and Siquan Wang

Commodity price uncertainty as a leading indicator of economic activity pp. 4194-4219

Athanasios Triantafyllou, Dimitrios Bakas and Marilou Ioakimidis

Fertility and banking development: New panel evidence pp. 4220-4235

Dong‐Hyeon Kim, Ting‐Cih Chen and Shu‐Chin Lin

Rural credit and agricultural production: Empirical evidence from Brazil pp. 4236-4245

Daniel Henrique Nascimento, Carlos Enrique Carrasco‐Gutierrez and Mathias Tessmann

The choice of performance measures, target setting and vesting levels in UK firms' Chief Executive Officer equity‐based compensation pp. 4246-4270

Affan Hameed, Carol Padgett, Michael Clements and Subhan Ullah

Influence of governance bundles and directors' social capital on cash holding in foreign cross‐listed firms pp. 4271-4298

Suman Lodh, Monomita Nandy and Jaskaran Kaur

The asymmetric impact of oil price uncertainty on emerging market financial stress: A quantile regression approach pp. 4299-4323

Debojyoti Das, Anupam Dutta, Rabin K. Jana and Indranil Ghosh

Links between growth, trade and financial openness in South Africa: An empirical investigation pp. 4324-4330

Setareh Katircioglu, Salih Katircioglu and Farid Irani

Forecasting equity risk premium: A new method based on wavelet de‐noising pp. 4331-4352

Zhifeng Dai, Jie Kang and Hua Yin

Foreign exchange market asymmetries in Pacific small island developing states: Evidence from Fiji pp. 4353-4364

Devendra Kumar Jain, Rup Singh, Arvind Patel and Ronal Chand

Reference prices and withdrawn acquisitions pp. 4365-4384

Shaojie Lai, Xiaoling Pu, Qing (Sophie) Wang and Jianing Zhang

Are European commercial banks more profitable than cooperative banks? Evidence from a low interest rate environment pp. 4385-4400

Matěj Kuc and Petr Teplý

Invoicing currency, exchange rate pass‐through, and value‐added trade: The case of Turkey pp. 4401-4419

Hülya Saygılı

The religion effect on corporate cash holding in China: Buddhism and Taoism pp. 4420-4457

Lingyun Xiong, Lijuan Xiao, Min Bai, Yafeng Qin and Lijuan Yang

Uncertainties and green bond markets: Evidence from tail dependence pp. 4458-4475

Boqiang Lin and Tong Su

Stock markets response to contagious disease: Evidence on the impact of COVID‐19 in the three worst hit African economies pp. 4476-4499

Terver Kumeka and Oluwatosin Adeniyi

The effects of business and finance conditions on the tourism stock markets: An empirical investigation from Turkey pp. 4500-4511

Setareh Katircioglu and Salih Katircioglu

Zombie enterprises, crowding out effect, and total factor productivity: Empirical evidence from Chinese manufacturing listed companies pp. 4512-4531

Wei Shao, Yangyang Sun, Xiao Bai, Muhammad Abubakr Naeem and Farhad Taghizadeh‐Hesary

The influence of corporate governance and shareholding structure on corporate social responsibility: The key role of executive compensation pp. 4532-4556

Ahmed A. Sarhan and Basil Al‐Najjar

Optimal hedging in the presence of internal flexibility pp. 4557-4571

Jiaqi Jiang and Yun Feng

Playing by the rules: Do the post‐crisis regulations influence banks' funding model in the EU? pp. 4572-4591

Marta Penczar, Sabina Nowak and Monika Liszewska

Corruption and foreign bank entry denials: A cross‐country panel analysis pp. 4592-4603

Vahe Lskavyan

Asset allocation, limited participation and flight‐to‐quality under ambiguity of correlation pp. 4604-4626

Helen Hui Huang, Yanjie Wang and Shunming Zhang

The macroeconomic effects of unconventional monetary policies in a commodity‐exporting economy: Evidence from Mongolia pp. 4627-4654

Gan-Ochir Doojav and Davaasukh Damdinjav

The finance–growth nexus in the Middle East and Africa: A comparative meta‐analysis pp. 4655-4683

Amar Anwar and Ichiro Iwasaki

How do investors price accrual risk during crises? pp. 4684-4706

Yasser Alhenawi and M. Kabir Hassan

Trend Inflation in Sweden pp. 4707-4716

Pär Österholm and Aubrey Poon

Banking performance and institutional quality: Evidence from dynamic panel data analysis pp. 4717-4737

Ameet Kumar, Khalid Ahmed, Mujeeb‐u‐Rehman Bhayo and Muhammad Ramzan Kalhoro

Volume 28, issue 3, 2023

The effects of environmental taxes on environmental pollution and unemployment: A panel co‐integration analysis on the validity of double dividend hypothesis for selected African countries pp. 2231-2238

Tunahan Degirmenci and Mehmet Aydin

Time‐varying causality between bond and oil markets of the United States: Evidence from over one and half centuries of data pp. 2239-2247

Semei Coronado, Rangan Gupta, Saban Nazlioglu and Omar Rojas

Nonstandard monetary policies and bank profitability: The case of Spain pp. 2248-2277

David Tercero‐Lucas

Analyzing the connectedness between crude oil and petroleum products: Evidence from USA pp. 2278-2347

Aviral Tiwari, Muhammad Tahir Suleman, Subhan Ullah and Muhammad Shahbaz

Compliance or non‐compliance during financial crisis: Does it matter? pp. 2348-2366

Sardar Ahmad, Saeed Akbar, Devendra Kodwani, Anwar Halari and Syed Zubair Shah

The short‐run response of Saudi Arabia stock market to the outbreak of COVID‐19 pandemic: An event‐study methodology pp. 2367-2381

Omer Ahmed Sayed and Hussein Eledum

Strive towards investment efficiency among Egyptian companies: Do board characteristics and information asymmetry matter? pp. 2382-2403

Ibrahim M. Menshawy, Rohaida Basiruddin, Nor‐Aiza Mohd‐Zamil and Khaled Hussainey

An analysis of Conventional and Alternative financing—Customers' perspective pp. 2404-2414

Megha Gupta, Suhasini Verma and Smita Pachare

Foreign direct investment, income inequality and country risk pp. 2415-2435

En‐Ze Wang and Chien‐Chiang Lee

Stock market reaction to macroeconomic variables: An assessment with dynamic autoregressive distributed lag simulations pp. 2436-2448

Muhammad Kamran Khan, Jian‐Zhou Teng, Muhammad Imran Khan and Muhammad Fayaz Khan

Motives and market reactions to convertible bonds and bonds with warrants issuance in an emerging market pp. 2449-2474

Woo Sung Kim, Sekyung Oh and Halil Kiymaz

Economic growth and club convergence: Is there a neighbour's effect? pp. 2475-2494

Arfat Ahmad Sofi, Subash Sasidharan and Mohammad Younus Bhat

Sources of economic growth: Bankerteers or marketeers or both? An auto regressive distributed lag (ARDL) evidence from Ghana pp. 2495-2511

Joy Say, Hongjiang Zhao, Fang Wang and Francisca Sena Agbenyegah

Corruption, business environment, and firm growth in Vietnam pp. 2512-2529

Phuoc Vu Ha and Michael Frömmel

Stock co‐movement and governance bundles: Does the quality of national governance moderate this relationship? pp. 2530-2548

Ambrose Egwuonwu, Suman Lodh and Monomita Nandy

Owner offspring gender and long‐term resource allocation in Chinese family firms pp. 2549-2564

Xia Wang, Cencen Gao and Mingming Feng

Local IPO waves, local shocks, and the going public decision pp. 2565-2589

Giulia Baschieri, Andrea Carosi and Stefano Mengoli

Kidnapping rate and capital flight: Empirical evidence from developing countries pp. 2590-2606

Godwin Okafor and Obiajulu Ede

Global connectivity between commodity prices and national stock markets: A time‐varying MIDAS analysis pp. 2607-2619

Martin Enilov, Giorgio Fazio and Atanu Ghoshray

Are we moving towards decarbonisation of the global economy? Lessons from the distant past to the present pp. 2620-2634

Muhammad Shahbaz, Vassilios Papavassiliou, Amine Lahiani and David Roubaud

Responses to global financial standards in emerging markets: Regulatory neoliberalism and the Basel II Capital Accord pp. 2635-2650

Farzad Haider Alvi and Peter J. Williamson

Is foreign direct investment globalization‐induced or a myth? A tale of Africa pp. 2651-2663

Olufemi Adewale Aluko, George Chen and Eric Evans Osei Opoku

Age diversity of audit committee financial experts, ownership structure and earnings management: Evidence from China pp. 2664-2682

Bushra Komal, Bilal, Ernest Ezeani, Asim Shahzad, Muhammad Usman and Juncheng Sun

A remark on mean‐semivariance behaviour: Downside risk and capital asset pricing pp. 2683-2695

Sree Vinutha Venkataraman

Human resources turnover as an asset acquisition and divestiture process: Evidence from the U.K. football industry pp. 2696-2711

Maria Fotaki, Apostolos Kourtis and Raphael Markellos

Financial inclusion: A pathway to economic growth in Sub‐Saharan African economies pp. 2712-2728

Muri Wole Adedokun and Mehmet Ağa

Financial development and business cycle volatility nexus in the UAE: Evidence from non‐linear regime‐shift and asymmetric tests pp. 2729-2741

Salah Abosedra, Ali Fakih, Sajal Ghosh and Kakali Kanjilal

The relationship among employee mobility and corporate governance: Evidence from Taiwan's food industry and technology industry pp. 2742-2752

Joe‐Ming Lee

Gender diversity of boards and executives on real earnings management in the bull or bear period: Empirical evidence from China pp. 2753-2771

XiaoJiao Li, Ei Thuzar Than, Rizwan Ahmed, Maria Ishaque and Toan Luu Duc Huynh

The problem of annual inflation rate indicator pp. 2772-2788

Josef Arlt

Corporate environmental disclosure and earnings management—The moderating role of corporate governance structures pp. 2789-2810

Ali Meftah Gerged, Khaldoon Albitar and Lara Al‐Haddad

What are the triggers for arrears on debt over a business cycle? Evidence from panel data pp. 2811-2833

Merike Kukk

The effect of financial sector development on economic growth of selected sub‐Saharan Africa countries pp. 2834-2842

Dagim Taddese Bekele and Adisu Abebaw Degu

From Black Wednesday to Brexit: Macroeconomic shocks and correlations of equity returns in France, Germany, Italy, Spain, and the United Kingdom pp. 2843-2873

Sylvia Gottschalk

Explaining mutual fund behavior through the structure‐conduct‐performance lens pp. 2874-2884

Les Coleman

Macroeconomic risks and capital structure adjustment speed: The Chinese evidence pp. 2885-2899

Wei He and NyoNyo A Kyaw

Who benefits from corruption; the private individual or the public purse? pp. 2900-2914

Vincent Tawiah, Abdulrasheed Zakari and James Xede

International financial reporting standards, domestic debt finance and institutional quality: Evidence from developing countries pp. 2915-2936

Vincent Tawiah and Ernest Gyapong

Asymmetric responses to Purchasing Managers' Index announcements in China's stock returns pp. 2937-2955

Yingli Wang, Chang Lu, Xiaoguang Yang and Qingpeng Zhang

Incomplete information model of credit default of micro and small enterprises pp. 2956-2974

Tingqiang Chen and Suyang Wang

Retracted: Enriching the value‐at‐risk framework to ensemble empirical mode decomposition with an application to the European carbon market pp. 2975-2988

Bangzhu Zhu, Ping Wang, Julien Chevallier and Yi‐Ming Wei

Power of moment‐based normality tests: Empirical analysis on Indian stock market index pp. 2989-2997

Muneer Shaik and Rutvik Digambar Gulhane

Factors affecting the capital structure of listed Chinese media companies pp. 2998-3007

Danhong Zhu, Zitong Qiu and Junwei Wang

How powerful are fiscal and monetary policies in a directed technical change model with humans and robots? pp. 3008-3032

Oscar Afonso and Rosa Forte

Long‐term capital gains taxes and stock prices: Evidence from India pp. 3033-3054

Mohammadali Fallah and Palani‐Rajan Kadapakkam

Between financial and algorithmic dynamics of cryptocurrencies: An exploratory study pp. 3055-3070

Christophe Schinckus, Canh Nguyen and Felicia Hui Ling Chong

Openness and growth: Is the relationship non‐linear? pp. 3071-3099

Rangan Gupta, Lardo Stander and Andrea Vaona

Dynamics of underwriting profits in the US market: Payout patterns and regulation effects pp. 3100-3118

Shi‐jie Jiang, Jeffrey Tzu‐Hao Tsai and Feiyun Xiang

Impact of pandemic on development and demography in different continents and nations pp. 3119-3131

Pawan Kumar Singh, Alok Kumar Pandey, Ravi Kiran, Rajiv Kumar Bhatt and Anushka Chouhan

The impact of the Shanghai–Hong Kong stock market connection on corporate innovation: Evidence from mainland China pp. 3132-3161

Guanming He, Xiaorong Li and Jingbo Luo

Oil price volatility and stock returns: Evidence from three oil‐price wars pp. 3162-3182

Mushtaq Hussain Khan, Junaid Ahmed, Mazhar Mughal and Imtiaz Hussain Khan

How state ownership affects corporate R&D: An inverted‐U‐shaped relationship pp. 3183-3197

Tong Fu, Ze Jian and Youwei Li

IFRS 8 and the cost of capital in Europe pp. 3198-3231

Ahmed Saleh, Ahmed Aboud and Yasser Eliwa

The importance of staying positive: The impact of emotions on attitude to risk pp. 3232-3261

Chris Brooks, Ivan Sangiorgi, Anastasiya Saraeva, Carola Hillenbrand and Kevin Money

Does the Chinese labour force make sufficient efforts? Empirical evidence using non‐parametric analysis pp. 3262-3280

Qiao Wang

Corporate board and dynamics of capital structure: Evidence from UK, France and Germany pp. 3281-3298

Ernest Ezeani, Frank Kwabi, Rami Salem, Muhammad Usman, Rateb Mohammad Hamad Alqatamin and Philip Kostov

Debt‐to‐GDP changes and the great recession: European Periphery versus European Core pp. 3299-3331

Maria‐Eleni K. Agoraki, Stella Kardara, Tryphon Kollintzas and Georgios Kouretas

News sentiment and foreign portfolio investment in Brazil pp. 3332-3348

Leilane de Freitas Rocha Cambara and Roberto Meurer

Cashless society, e‐wallets and continuous adoption pp. 3349-3369

Hassanudin Mohd Thas Thaker, Niviethan Rao Subramaniam, Abdul Qoyum and Hafezali Iqbal Hussain

Role of foreign direct investment in decomposing of scale and technique effects on China's energy consumption pp. 3370-3385

Muhammad Shahbaz, Avik Sinha, Shabbir Ahmad, Zhilun Jiao and Zhaohua Wang

Study of the leading European construction companies using risk factor models pp. 3386-3402

Ana Escribano, Francisco Jareño and Jose Ángel Cano

Overconfidence of the chair of the Federal Reserve and market expectations: Evidence based on media coverage pp. 3403-3419

Hamza Bennani

The effect of Economic Policy Uncertainty on the credit risk of US commercial banks pp. 3420-3436

Carmen Orden‐Cruz, Jessica Paule‐Vianez and Júlio Lobão

Household consumption and exchange rate extreme dynamics: Multiple asymmetric threshold non‐linear autoregressive distributed lag model perspective pp. 3437-3450

Emmanuel Uche, Bisharat Hussain Chang and Lionel Effiom

Does the tail risk index matter in forecasting downside risk? pp. 3451-3466

Jui‐Cheng Hung, Hung‐Chun Liu and J. Jimmy Yang

Volume 28, issue 2, 2023

Does the quality of country‐level governance have an impact on corporate environmental disclosure? Evidence from Gulf Cooperation Council countries pp. 1179-1200

Ali Meftah Gerged, Eshani S. Beddewela and Christopher J. Cowton

Jump volatility spillover network based measurement of systemic importance of Chinese financial institutions pp. 1201-1213

Xin Yang, Shan Chen, Hong Liu, Xiaoguang Yang and Chuangxia Huang

Financial innovation characteristics and banking performance: The mediating effect of risk management pp. 1214-1227

Rim Zouari‐Hadiji

A bargaining model for PLS entrepreneurial financing: A game theoretic model using agent‐based simulation pp. 1228-1241

Adil El Fakir, Richard Fairchild, Mohamed Tkiouat and Abderrahim Taamouti

Investigating the fluctuations of exchange rate based on monetary‐behaviour approach pp. 1242-1249

Saeid Tajdini, Mohsen Mehrara and Ali Taiebnia

Nexus between non‐performing loans and economic growth in emerging countries: Evidence from Turkey with wavelet coherence approach pp. 1250-1260

Mustafa Kartal, Dervis Kirikkaleli and Fatih Ayhan

Analysis of default risk in microfinance institutions under the Basel III framework pp. 1261-1278

Maria Patricia Durango‐Gutiérrez, Juan Lara‐Rubio and Andrés Navarro‐Galera

Dynamic causality between PPI and CPI in China: A rolling window bootstrap approach pp. 1279-1289

Jing Sun, Jinhui Xu, Xin Cheng, Jichao Miao and Hairong Mu

Excessive focus on risk? Non‐performing loans and efficiency of microfinance institutions pp. 1290-1307

Stephen Zamore, Leif Atle Beisland and Roy Mersland

Long‐run co‐variability between oil prices and economic policy uncertainty pp. 1308-1326

Muhammad Shahbaz, Arshian Sharif, Fateh Belaid and Xuan Vinh Vo

The ex‐post impact of agricultural technology adoption on poverty: Evidence from north Shewa zone of Amhara region, Ethiopia pp. 1327-1337

Mesele Belay and Markew Mengiste

Can economic links explain lead–lag relations across firms? pp. 1338-1363

Kailin Zeng and Ebenezer Fiifi Emire Atta Mills

The impact of corruption on commercial banks' credit risk: Evidence from a panel quantile regression pp. 1364-1375

Hatice Jenkins, Ezuldeen Alshareef and Amer Mohamad

Investigating the efficiency of foreign exchange reserves using stochastic frontier analysis: Evidence across the globe pp. 1376-1390

Rachna Agrawal and Ashima Verma

Corporate social responsibility and supply chain: A study for evaluating corporate hypocrisy with special focus on stakeholders pp. 1391-1403

Mohit Tiwari, Tripti Tiwari, Samuel Sam Santhose, Lokanath Mishra, Rejeesh Mr and Vinu Sundararaj

Covid‐19 outbreak and stocks return on the West African Economic and Monetary Union's stock market: An empirical analysis of the relationship through the event study approach pp. 1404-1422

Tibi Didier Zoungrana, Daouda Lawa tan Toé and Mamadou Toé

The determinants of bank profitability of GCC: The role of bank liquidity as moderating variable—Further analysis pp. 1423-1435

Ebrahim Mohammed Al‐Matari

Evaluation of risk adjusted performance of mutual funds in an emerging market pp. 1436-1449

Muhammad Asad Ali, Muhammad Aqil, Syed Hasnain Alam Kazmi and Syed Imran Zaman

Magnet effects of circuit breakers in electronic order‐driven markets: Evidence from China pp. 1450-1469

Cheng Xiang and Jing Lu

Effects of inflation uncertainty and exchange rate volatility on money demand in Pakistan: Bayesian econometric analysis pp. 1470-1487

Muhammad Akbar

Persistence and dependence in geopolitical risks in various developed and developing countries pp. 1488-1496

Sakiru Solarin, Luis A. Gil‐Alana and Maria Jesus Gonzalez‐Blanch

Analyzing airlines stock price volatility during COVID‐19 pandemic through internet search data pp. 1497-1513

Soudeep Deb

Impacts of financial openness on economic complexity: Cross‐country evidence pp. 1514-1526

Yuyuan Yu and Muhammad Qayyum

Study of linkages between productivity, export, and outward foreign direct investment: An empirical perspective of Indian manufacturing industries pp. 1527-1548

Prajukta Tripathy, Pragyanrani Behera and Bikash Mishra

Financial crises, firm‐level shocks and large downturns: Evidence from Greece pp. 1549-1562

Stelios Giannoulakis and Plutarchos Sakellaris

Emerging and advanced economies markets behaviour during the COVID‐19 crisis era pp. 1563-1581

Belaid Fateh, Amine Ben Amar, Stéphane Goutte and Khaled Guesmi

Do Dow Jones Islamic equity indices undergo speculative pressure? New insights from a nonlinear and asymmetric analysis pp. 1582-1601

Arfaoui Mongi and Bechir Raggad

The environmental consequences of blockchain technology: A Bayesian quantile cointegration analysis for Bitcoin pp. 1602-1621

Michael Polemis and Mike G. Tsionas

Financial determinants of corporate credit ratings: An Indian evidence pp. 1622-1637

Rahul Gupta

The effects of the internal control system on the risk, profitability, and compliance of the U.S. banking sector: A quantitative approach pp. 1638-1652

Andreas G. Koutoupis and Theodore Malisiovas

Volatility dynamics of the Tunisian stock market before and during the COVID‐19 outbreak: Evidence from the GARCH family models pp. 1653-1666

Mohamed Fakhfekh, Ahmed Jeribi and Marwa Ben Salem

The dynamics of business cycle connectedness and the decoupling of Asia‐Pacific pp. 1667-1692

Victor Pontines, Davaajargal Luvsannyam, Khuslen Batmunkh and Tsolmon Otgonbat

Innovation and financial performance: An assessment of patenting strategies of Chinese listed firms pp. 1693-1712

Hong Li

Stock returns and interest rate differential in high and low interest rate environments pp. 1713-1728

Afees Salisu and Sikiru Abdulsalam

Trade openness, financial development and economic growth in North African countries pp. 1729-1740

Imen Mohamed Sghaier

Dynamic asset allocation with multiple regime‐switching markets pp. 1741-1755

Jianmin Shi

Economic globalization and public debt in Sub‐Saharan Africa pp. 1756-1771

Hodabalo Bataka

Stabilizing instability‐suboptimality‐and‐chaos‐prone fluctuations at crisis junctures: Stochastic possibilities for crisis management pp. 1772-1786

Ahmet Kara

The impact of COVID‐19 pandemic on hospitality stock returns in China pp. 1787-1800

Chi‐Chuan Lee, Chien‐Chiang Lee and Yizhong Wu

The economic impact of legislative complexity and corruption: A cross‐country analysis pp. 1801-1825

Giuseppe Di Vita

Does market power explain margins in dual banking? Evidence from panel quantile regression pp. 1826-1844

Mudeer A. Khattak, Buerhan Saiti and Shabeer Khan

The role of oil and risk shocks in the high‐frequency movements of the term structure of interest rates: Evidence from the U.S. Treasury market pp. 1845-1857

Rangan Gupta, Syed Jawad Hussain Shahzad, Xin Sheng and Sowmya Subramaniam

Impact of intellectual capital efficiency on financial stability in banks: Insights from an emerging economy pp. 1858-1871

Atta Ullah, Chen Pinglu, Saif Ullah, Ningyu Qian and Mubasher Zaman

Hedging against risks associated with travel and tourism stocks during COVID‐19 pandemic: The role of gold pp. 1872-1882

Sikiru Abdulsalam and Afees Salisu

Role of capital investment, investment risks, and globalization in economic growth pp. 1883-1898

Chunxia Sun, Hafiz Syed Mohsin Abbas, Xiaodong Xu, Samreen Gillani, Saif Ullah and Muhammad Ahsan Ali Raza

Institutional quality and social cost of intermediation in Africa: Does the level of financial market development matter? pp. 1899-1910

Nana Kwasi Karikari, Kwadwo Kwakye Gyan, Muhammad Ahad Hayat Khan and Baah Aye Kusi

Forecasting stock prices using a data mining method: Evidence from emerging market pp. 1911-1917

Saqib Farid, Rubeena Tashfeen, Tahseen Mohsan and Arsal Burhan

Dynamic spillover analysis of international and Turkish food prices pp. 1918-1928

Hasan Ertugrul and Ünal Seven

Gravity assessment of the impact of alliances on bilateral trade: A comparative analysis of ECOMOG and NATO pp. 1929-1938

Nnanna P. Azu, Ebenezer Fiifi Emire Atta Mills and Benedict N. Akanegbu

Is causality between globalization and energy consumption bidirectional or unidirectional in top and bottom globalized economies? pp. 1939-1964

Muhammad Shahbaz, Mehmet Balcilar, Mantu Kumar Mahalik and Seyi Akadiri

Controlling shareholders' influence on acquisition decisions and value creation: An empirical study from China pp. 1965-1980

Evans Opoku‐Mensah and Yuming Yin

Receptivity of capital structure with financial flexibility: A study on manufacturing firms pp. 1981-1993

Ajaya Kumar Panda, Swagatika Nanda, Apoorva Arunachal Hegde and Akhilesh Kumar Kamalakant Yadav

Co‐movement of foreign exchange rate returns and stock market returns in an emerging market: Evidence from the wavelet coherence approach pp. 1994-2005

Xingxing He, Korhan K. Gokmenoglu, Dervis Kirikkaleli and Syed Kumail Abbas Rizvi

Do foreign lenders' national cultures affect loan pricing? pp. 2006-2036

Kostas Pappas and Alice Liang Xu

The euro to dollar exchange rate in the Covid‐19 era: Evidence from spectral causality and Markov‐switching estimation pp. 2037-2055

Konstantinos Konstantakis, Ioannis G. Melissaropoulos, Theodoros Daglis and Panayotis Michaelides

Do extreme shocks help forecast oil price volatility? The augmented GARCH‐MIDAS approach pp. 2056-2073

Lu Wang, Feng Ma, Guoshan Liu and Qiaoqi Lang

Determinants and hedging effectiveness of China's sovereign credit default swaps pp. 2074-2087

Taurai Muvunza and Yong Jiang

Credit supply, house prices, and financial stability pp. 2088-2108

Feng Min, Fenghua Wen, Jiayu Xu and Nan Wu

Fintech and the economic capital of Chinese commercial bank's risk: Based on theory and evidence pp. 2109-2123

Ting Yao and Liangrong Song

The impact of external governance and regulatory settings on the profitability of Islamic banks: Evidence from Arab markets pp. 2124-2147

Seyed Alireza Athari and Mahboubeh Bahreini

The impact of foreign direct investment on the economic development of emerging countries of the European Union pp. 2148-2177

Adriana Burlea‐Schiopoiu, Simina Brostescu and Liviu Popescu

Do forward premium rates predict the spot rates? Comparison of developed and emerging economies pp. 2178-2187

Wajid Shakeel Ahmed, Shoaib Khattak and Ijlal Ahmed

Time‐frequency dynamics between fear connectedness of stocks and alternative assets pp. 2188-2201

Muhammad Abubakr Naeem, Mudassar Hasan, Abraham Agyemang, Md Iftekhar Hasan Chowdhury and Faruk Balli

Optimal fiscal management in an economy with resource revenue‐financed government‐linked companies pp. 2202-2225

King Yoong Lim and Shuonan Zhang

Volume 28, issue 1, 2023

Celebrating the 27th anniversary of International Journal of Finance and Economics and shaping the future pp. 5-8

Keith Pilbeam, Joscha Beckmann, Ioannis Kyriakou and Jia Liu

International journal of finance and economics: A bibliometric overview pp. 9-46

H. Kent Baker, Satish Kumar, Kirti Goyal and Prashant Gupta

Causal relationship among international crude oil, gold, exchange rate, and stock market: Fresh evidence from NARDL testing approach pp. 47-57

Suresh Kumar, Ankit Kumar and Gurcharan Singh

Is the cost of equity a mere function of leverage? The case of bond IPOs pp. 58-78

Jamal A. Al‐Khasawneh, Paul Dion, Naceur Essaddam and Tashfeen Hussain

Assessment of the effectiveness of foreign aid on the development of Africa pp. 79-92

Jiang Hongli and Prince Asare Vitenu‐Sackey

The effect of integration processes of the Common Market for Eastern and Southern Africa on the economic growth of the member states pp. 93-111

Liu Haiyun, Yassin Elshain Yahia, Md Ismail Hossain and Sayyed Sadaqat Hussain Shah

Emerging market debt and the COVID‐19 pandemic: A time–frequency analysis of spreads and total returns dynamics pp. 112-126

Mariya Gubareva and Zaghum Umar

How do bidirectional migration and multinational business networks affect Japanese international royalty and license revenues? pp. 127-143

Akinori Tomohara

A span of continuous trades and liquidity dynamics in foreign exchange markets pp. 144-168

Chih‐Chung Chien, Shikuan Chen and Ming‐Jen Chang

More pay more gain?—Empirical research on fund management corporation visiting listed company and its fund performance pp. 169-176

Sishi Yue, Dayong Dong, Fengyun Wu and Zuoping Xiao

Investigating the role of ranking household expenditures to reform the subsidies payment system as an economic policy for Iran pp. 177-186

Hamidreza Izadi, Mojtaba Mohammadnejadi Moodi and Morteza Sayareh

Testing to extreme: An application of reverse stress testing engineering on mortgages of commercial banks in China pp. 187-192

Chang Liu, Lin Tang, Dongtao Lin and Jiayi Guo

The profitability of pair trading strategy in stock markets: Evidence from Toronto stock exchange pp. 193-207

GholamReza Keshavarz Haddad and Hassan Talebi

The impact of exchange rate and exchange rate volatility on Mauritius foreign direct investment: A sector‐wise analysis pp. 208-224

Warren Moraghen, Boopen Seetanah and Noor Ul Haq Sookia

A new market risk management approach for commercial banks' fixed‐income securities trading accounts pp. 225-235

Chang Liu, Dongtao Lin, Yifeng Wang and Shuai Qi

Multinational working capital management a study on Toyota Motor Corporation pp. 236-256

Suranjan Bhattacheryay

Banks' holdings of and trading in government bonds pp. 257-283

Michele Manna and Stefano Nobili

The role of corporate governance in attracting foreign investment: An empirical investigation of Saudi‐listed firms in light of vision 2030 pp. 284-294

Hend Alregab

Stock exchange volatility forecasting under market stress with MIDAS regression pp. 295-306

Murat Körs and Mehmet Baha Karan

Uncovered equity returns parity in non‐euro Central European EU member countries pp. 307-315

Lucjan Orlowski, Carolyne Soper and Monika Sywak

The mitigating effect of governance quality on the finance‐renewable energy‐growth nexus: Some international evidence pp. 316-354

Diby Francois Kassi, Yao Li and Zhankui Dong

International trade and economic growth: The role of institutional factors and ethnic diversity in sub‐Saharan Africa pp. 355-371

Romaric Gninlgonakan Coulibaly

A credit scoring model for SMEs using AHP and TOPSIS pp. 372-391

Pranith K. Roy and Krishnendu Shaw

Simulation of interactive contagion between depositors' panic and banking risk pp. 392-404

Shuwen Gong and Huiwen Zou

Household choices on investing in financial risky assets: Do national institutional factors have their own merit? pp. 405-420

Nicholas Apergis and Christos Bouras

Can we learn lessons from the past? COVID‐19 crisis and corporate governance responses pp. 421-429

Khalil Jebran and Shihua Chen

Whether rising tide has lifted all the boats? Effect of inter‐governmental transfers on household income inequality in Pakistan pp. 430-447

Qurat ul Ain, Yan Jie, Larisa Ivașcu, Syed Ghulam Meran Shah and Tahir Yousaf

The relationship between excessive lending, risk premium and risk‐taking: Evidence from European banks pp. 448-471

Thaer Alhalabi, Vitor Castro and Justine Wood

Liquidity risk and expected cryptocurrency returns pp. 472-492

Wei Zhang and Yi Li

Inflation, inflation volatility and terrorism in Africa pp. 493-509

Kazeem Bello Ajide and Olorunfemi Alimi

Does corporate tax planning mitigate financial constraints? Evidence from China pp. 510-527

Jie Sun, Lewis Makosa, Jinkun Yang, Fangyuan Yin and Lovemore Sitsha

The impact of COVID‐19 on unemployment rate: An intelligent based unemployment rate prediction in selected countries of Europe pp. 528-543

Muneeb Ahmad, Yousaf Ali Khan, Chonghui Jiang, Syed Jawad Haider Kazmi and Syed Zaheer Abbas

Day‐of‐the‐week effect and market liquidity: A comparative study from emerging stock markets of Asia† pp. 544-561

Badal Khan, Muhammad Aqil, Syed Hasnain Alam Kazmi and Syed Imran Zaman

Reconciling the irreconcilable (talfeeq): The case of currency salam pp. 562-574

Muhammad Zahid Siddique and Muhammad Abubakar Siddique

FDI inflows spillover effect implications on the Asian‐Pacific labour productivity pp. 575-588

Elsadig Ahmed and Rahim Kialashaki

Understand funding liquidity and market liquidity in a regime‐switching model pp. 589-605

Louisa Chen, Liya Shen and Zhiping Zhou

Order book price impact in the Chinese soybean futures market pp. 606-625

Muzhao Jin, Fearghal Kearney, Youwei Li and Yung Chiang Yang

Foreign direct investment, real sector growth and financial development pp. 626-643

Michael Effah Asamoah and Imhotep Paul Alagidede

Endogenous discounting, investment and asset pricing pp. 644-650

Yingjie Niu, Siqi Zhao and Zhentao Zou

The crypto‐trade volume, GDP, energy use, and environmental degradation sustainability: An analysis of the top 20 crypto‐trader countries pp. 651-667

Muhammad Mohsin, Sobia Naseem, Muhammad Zia‐ur‐Rehman, Sajjad Ahmad Baig and Shazia Salamat

Investor sentiment and volatility of exchange‐traded funds: Evidence from China pp. 668-680

Chunpeng Yang and Jun Chi

Stochastic dominance algorithms with application to mutual fund performance evaluation pp. 681-698

Sree Vinutha Venkataraman and S. V. D. Nageswara Rao

Financial savings structure—Eurozone and Visegrad Group pp. 699-717

Agnieszka Zawadzka and Małgorzata Grzywińska‐Rąpca

Should stock returns predictability be ‘hooked on’ long‐horizon regressions? pp. 718-732

Theologos Dergiades and Panos K. Pouliasis

The stability and downside risk to contrarian profits: Evidence from the S&P 500 pp. 733-750

William Forbes, Egor Kiselev and Len Skerratt

Debt financing and technology investment Kuznets curve: Evidence from China pp. 751-765

Umeair Shahzad, Fukai Luo and Jing Liu

On the nexus of innovation, trade openness, financial development and economic growth in European countries: New perspective from a GMM panel VAR approach pp. 766-791

Kais Mtar and Walid Belazreg

Bank distress in the European Union 2008–2015: A closer look at capital, size and revenue diversification pp. 792-820

Stelios Markoulis, Panagiotis Ioannou and Spiros Martzoukos

What matters for financial inclusions? Evidence from emerging economy pp. 821-838

Anum Khan, Muhammad Shujaat Mubarik and Navaz Naghavi

The effect of Confucian culture on household risky asset holdings: Using categorical principal component analysis pp. 839-857

Yongbo Ge, Xiaoran Kong, Geilegeilao Dadilabang and Kung‐Cheng Ho

Equilibrating ripple effect, disturbing information cascade effect and regional disparity – A perspective from China's tiered housing markets pp. 858-875

Qin Xiao

Factors influencing the ability to honour debt repayment obligations by Governments in Africa pp. 876-885

Anselm K. Abotsi

Bank lending margins in a negative interest rate environment pp. 886-901

Whelsy Boungou and Charles Mawusi

The impact of IFRS complexity on analyst forecast properties: The moderating role of high quality audit pp. 902-928

Muhammad Shahin Miah, Haiyan Jiang, Asheq Rahman and Warwick Stent

The role of shareholders and creditors' rights in affecting cash holdings and firm value: A recent evidence from ASEAN pp. 929-961

Tahir Akhtar, Mohammad Ali Tareq and Kashif Rashid

Has the current account broken up with its fundamentals in Central and Eastern Europe? pp. 962-980

Simeon Coleman and Juan Cuestas

Bayesian non‐linear quantile effects on modelling realized kernels pp. 981-995

Manh Cuong Dong, Cathy W. S. Chen and Manabu Asai

A survey on the amount of unnecessary brain and spine magnetic resonance imaging and reasons to affect it in Tehran, Iran pp. 996-1005

Sara Akhavan Rezayat, Sara Emam Gholi Pour, Afsaneh AliKhassi, Zohreh Habibi and Batoul Ahmadi

Asymmetric effect of macroeconomic variables on the emerging stock indices: A quantile ARDL approach pp. 1006-1024

Shabir Mohsin Hashmi and Bisharat Chang

Impact of bank regulation on risk of Islamic and conventional banks pp. 1025-1062

Hafiz Hoque and Heng Liu

Sentiment indices and stock returns: Evidence from China pp. 1063-1080

Yongan Xu, Jianqiong Wang, Zhonglu Chen and Chao Liang

Functional income distribution in Pakistan: Co‐integration and vector error correction model analysis pp. 1081-1091

Abdul Aziz, Javed Ahmed Memon and Aleem Ahmed Qader

Board diversity and corporate innovation: Evidence from Chinese listed firms pp. 1092-1115

Yan‐xi Li and Chao He

Economic and demographic determinants of premium reserve in Western Balkan countries during and after the crisis pp. 1116-1136

Milijana Novovic Buric, Ljiljana Kascelan and Vladimir Kascelan

Another look at contagion across United States and European financial markets: Evidence from the credit default swaps markets pp. 1137-1155

Mike G. Tsionas and Nicholas Apergis

The effect of International Monetary Fund programs on corporate default risk pp. 1156-1174

Thanh Truc Nguyen