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Jawad M. Addoum

Citations

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Articles

  1. Jawad M. Addoum & Piet Eichholtz & Eva Steiner & Erkan Yönder, 2024. "Climate change and commercial real estate: Evidence from Hurricane Sandy," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 52(3), pages 687-713, May.

    Cited by:

    1. Adrian Fernandez-Perez & Marta Gómez-Puig & Simón Sosvilla-Rivero, 2025. "Hot Property: A Spatial Analysis of Temperature and Housing Prices in Spain," IREA Working Papers 202516, University of Barcelona, Research Institute of Applied Economics.
    2. Elena Gentili, 2025. "The impact on economic activity and housing market of the 2023 Emilia-Romagna floods," Temi di discussione (Economic working papers) 1506, Bank of Italy, Economic Research and International Relations Area.
    3. Carlos Giraldo & Iader Giraldo-Salazar & Jose E. Gomez-Gonzalez & Jorge M Uribe, 2025. "Climate Hazards Meet Overpriced Cities: Linking Environmental Risks to Real Estate Markets Across the Globe," Documentos de trabajo 021689, FLAR.
    4. Lukas Hofmann & Martijn Dröes & Marc Francke, 2025. "Sinking Land, Sinking Prices? Land Subsidence, Flood Risk, and Property Prices," Tinbergen Institute Discussion Papers 25-040/IV, Tinbergen Institute.
    5. Provash Kumer Sarker & Xihui Haviour Chen, 2025. "Quantile Effects of Climate Policy Uncertainty, Economic Policy Uncertainty, and Interest Rates on REIT Returns: Evidence From the United States," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 54(2), July.
    6. Foerster, Kai & Ryan, Ellen & Scheid, Benedikt, 2025. "Pricing or panicking? Commercial real estate markets and climate change," Working Paper Series 3059, European Central Bank.
    7. Özsoy, S. Mehmet & Rasteh, Mehdi & Yönder, Erkan, 2025. "Understanding drought shocks: Bank financial stability and loan performance," Global Finance Journal, Elsevier, vol. 65(C).
    8. Chuanrong Zhang & Xinba Li, 2025. "AI-Enhanced Remote Sensing of Land Transformations for Climate-Related Financial Risk Assessment in Housing Markets: A Review," Land, MDPI, vol. 14(8), pages 1-39, August.
    9. Fanglin Chen & Jie Zhang & Zhongfei Chen, 2025. "Heat Waves and Housing Markets: Assessing the Effects on Real Estate Prices in China," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 88(6), pages 1541-1579, June.
    10. Francis, Bill B. & Hasan, Iftekhar & Jiang, Chunxia & Sharma, Zenu & Zhu, Yun, 2025. "Climate risks and debt structure," The British Accounting Review, Elsevier, vol. 57(5).

  2. Addoum, Jawad M. & Delikouras, Stefanos & Ke, Da & Korniotis, George M., 2024. "Industry Clusters and the Geography of Portfolio Choice," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 59(3), pages 1031-1063, May.

    Cited by:

    1. Gan, Hongwu & Guo, Mengmeng & Li, Jian & Niu, Geng & Zhou, Yang, 2025. "Air pollution and household stock market participation," Journal of Banking & Finance, Elsevier, vol. 172(C).
    2. Fengqin Freya Chen & Walid Saffar & Longfei Shang, 2025. "Local Agglomeration and Household Mortgage Debt," Management Science, INFORMS, vol. 71(6), pages 5001-5021, June.
    3. Meng, Weilu & Lu, Weijie & Yuan, Gecheng & Zhou, Li, 2025. "Automation and stock market participation," Pacific-Basin Finance Journal, Elsevier, vol. 93(C).

  3. Addoum, Jawad M. & Ng, David T. & Ortiz-Bobea, Ariel, 2023. "Temperature shocks and industry earnings news," Journal of Financial Economics, Elsevier, vol. 150(1), pages 1-45.

    Cited by:

    1. Gegner, Martin, 2023. "Die Akzeptanz gesetzlicher Initiativen zur Energiewende: Das Beispiel "Gesetz zum Neustart der Digitalisierung der Energiewende"," Discussion Papers, Research Group Digital Mobility and Social Differentiation SP III 2023-603, WZB Berlin Social Science Center.
    2. Munyanyi, Musharavati Ephraim & Grote, Ulrike, 2025. "Temperature shocks and multidimensional energy poverty: Evidence from Malawi," Energy Economics, Elsevier, vol. 152(C).
    3. Zhang, Yunhan & Li, Yan & Zhao, Wanli & Ji, Qiang, 2024. "Climate risk performance and returns integration of Chinese listed energy companies," Energy Economics, Elsevier, vol. 129(C).
    4. Jiaxin Wang & Jingyi Zhuang & Chao Yan & Kam C. Chan, 2025. "Standing Up or Standing By: Abnormally Hot Temperatures and Corporate Environmental Engagement," Journal of Business Ethics, Springer, vol. 196(1), pages 93-127, January.
    5. Qiuyue Zhang & Yili Lin & Yu Cao, 2024. "From Financialization to Sustainability: The Impact of Climate Risks on Shadow Banking Activities in Non-Financial Firms in China," Sustainability, MDPI, vol. 16(19), pages 1-20, October.
    6. Su, Yueying & Li, Jialong & Li, Zhicheng & Wu, Cathy, 2025. "CEO inside debt holdings and climate risk concerns in corporate acquisition," Finance Research Letters, Elsevier, vol. 71(C).
    7. Liu, Xinheng & Lv, Shumei & Yang, Xin & Cao, Jie & Huang, Chuangxia, 2025. "Extreme temperature shocks and firms’ financial distress," International Review of Economics & Finance, Elsevier, vol. 98(C).
    8. Derek Lemoine & Sarah Kapnick, 2024. "Financial markets value skillful forecasts of seasonal climate," Nature Communications, Nature, vol. 15(1), pages 1-10, December.
    9. Zhang, Yaojie & Song, Bingheng & He, Mengxi & Wang, Yudong, 2024. "Abnormal temperature and the cross-section of stock returns in China," International Review of Financial Analysis, Elsevier, vol. 94(C).
    10. Ren, Yinghua & Wang, Nairong & Zhu, Huiming, 2025. "Dynamic connectedness of climate risks, oil shocks, and China’s energy futures market: Time-frequency evidence from Quantile-on-Quantile regression," The North American Journal of Economics and Finance, Elsevier, vol. 75(PA).
    11. Aguilar-Gomez, Sandra & Gutierrez, Emilio & Heres, David & Jaume, David & Tobal, Martin, 2024. "Thermal stress and financial distress: Extreme temperatures and firms’ loan defaults in Mexico," Journal of Development Economics, Elsevier, vol. 168(C).
    12. Liu, Congcong & Luo, Danglun, 2025. "Feeling the heat: The impact of temperature anomalies on corporate investment in China," Economic Modelling, Elsevier, vol. 151(C).
    13. Bellocca, Gian Pietro Enzo & Poncela, Pilar & Ruiz Ortega, Esther, 2024. "Extreme temperatures and the profitability of large European firms," DES - Working Papers. Statistics and Econometrics. WS 44217, Universidad Carlos III de Madrid. Departamento de Estadística.
    14. Kim, Incheol & Lee, Suin & Ryou, Jiwoo, 2024. "Does climate risk influence analyst forecast accuracy?," Journal of Financial Stability, Elsevier, vol. 75(C).
    15. Zhang, Xin & Chen, Fanglin & Chen, Zhongfei & Zhang, Jie, 2024. "Temperature exposure and health inequality," Journal of Asian Economics, Elsevier, vol. 92(C).
    16. Al-Ayyoub, Naser & Phan, Hieu V., 2026. "Riskier climate, closer ties? How climate risk drives firms towards bank debt financing," Journal of Corporate Finance, Elsevier, vol. 96(C).
    17. Zuben Jin & Frank Weikai Li & Yupeng Lin & Zilong Zhang, 2026. "How Firms Adapt to Rising Temperatures: Evidence from U.S. Establishments," Journal of Business Ethics, Springer, vol. 205(4), pages 673-701, May.
    18. Griffin, Paul A. & Lont, David H. & Lubberink, Martien J.P., 2025. "The effects of extreme high temperature spells on financial performance," The British Accounting Review, Elsevier, vol. 57(2).
    19. Tang, Qirui & Fang, Yi, 2026. "How do extreme climate risks affect banking active risk-taking? Empirical evidence from 107 countries," Research in International Business and Finance, Elsevier, vol. 82(C).
    20. Zongxiao Wu & Ran Liu & Jiang Dai & Dan Luo, 2026. "Multimodal Insights into Credit Risk Modelling: Integrating Climate and Text Data for Default Prediction," Papers 2601.00478, arXiv.org.
    21. Linsenmeier, Manuel & Groom, Ben & Roth, Sefi, 2026. "Economic specialization and heterogeneous temperature-economy relationships suggest net costs of climate change in Europe," LSE Research Online Documents on Economics 138373, London School of Economics and Political Science, LSE Library.
    22. Arnone, Massimo & Leogrande, Angelo, 2024. "The Green Trilemma: Energy Efficiency, Banking Stability and Climate Risk in the ESG Context at World Level," MPRA Paper 121169, University Library of Munich, Germany.
    23. El Ghoul, Sadok & Fu, Zhengwei & Guedhami, Omrane & Kim, Yongwon, 2024. "Do insiders profit from public environmental information? Evidence from insider trading," Global Finance Journal, Elsevier, vol. 60(C).
    24. Duan, Tinghua & Li, Frank Weikai, 2024. "Climate change concerns and mortgage lending," Journal of Empirical Finance, Elsevier, vol. 75(C).
    25. Li, Ang & Ma, Yuze & Li, Bin, 2025. "How do climate risks affect corporate energy intensity? Evidence from China," Energy, Elsevier, vol. 323(C).
    26. Liu, Xiaoyuan & Wang, Deli & Han, Wenqi & Wu, Shangrui, 2024. "Does the subsidiary's climate risk matter? Evidence from the stock price crash," Economics Letters, Elsevier, vol. 244(C).
    27. Davrinche, Grégoire & Filbien, Jean-Yves & Vigneron, Ludovic, 2025. "Do analysts matter for green investment? Evidence from the EU taxonomy," Economics Letters, Elsevier, vol. 250(C).
    28. Li, Wanli & Chen, Junrui & Yuan, Kaibin, 2025. "Changes in corporate employment under climate risk," Journal of International Money and Finance, Elsevier, vol. 157(C).
    29. Lai, Fujun & Cheng, Xianli & Li, An & Xiong, Deping & Li, Yunzhong, 2025. "Does flood risk affect the implied cost of equity capital?," Finance Research Letters, Elsevier, vol. 71(C).
    30. Zhang, Dongyang & Bai, Dingchuan & Wang, Yizhi, 2024. "Green vs. brown: Climate risk showdown – who’s thriving, who’s diving?," Journal of International Money and Finance, Elsevier, vol. 149(C).
    31. Liu, Zhenhua & Wang, Yushu & Yuan, Xinting & Ding, Zhihua & Ji, Qiang, 2025. "Geopolitical risk and vulnerability of energy markets," Energy Economics, Elsevier, vol. 141(C).
    32. He, Feng & Ren, Xingzi & Wang, Yueren & Lei, Xingfan, 2025. "Climate risk and corporate bond credit spreads," Journal of International Money and Finance, Elsevier, vol. 154(C).
    33. Yu Dong & Xuehong Zhu & Qiong Xu, 2026. "Risk or opportunity: the impact of high-temperature shocks on necessity and opportunity entrepreneurship," Small Business Economics, Springer, vol. 66(3), pages 1207-1231, March.
    34. Niu, Niu & Ma, Junhua & Zheng, Deyuan & Lu, Yang & Zhang, Bin, 2025. "Extreme weather and the green transition of energy firms: The moderating effect of digital technology and digital inclusive finance," Research in International Business and Finance, Elsevier, vol. 76(C).
    35. Viet Do & Thu Ha Nguyen & Tram Vu, 2024. "Risk management and private debt contracts: The role of weather derivatives," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 51(9-10), pages 2848-2883, October.
    36. Hou, Xiaojuan & Xiang, Ruojun, 2025. "Exploring the influence of extreme heat on corporate energy efficiency," Journal of Asian Economics, Elsevier, vol. 97(C).
    37. Zhiyang Hui & Haoyu Li & Ahmed A. Elamer, 2024. "Financing sustainability: How environmental disclosures shape bank lending decisions in emerging markets," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 3940-3967, September.
    38. Su, Jiaming & Wang, Yongqiao, 2025. "Hydroclimatic risk mispricing: Evidence from China," Global Finance Journal, Elsevier, vol. 67(C).
    39. Chen, Fanglin & Zhang, Jie, 2025. "Climate change and labor demand adjustment: Evidence from recruitment," Energy Economics, Elsevier, vol. 150(C).
    40. Hao, Xinya & Huang, Yongying & Zhang, Lin, 2025. "High temperature, power rationing, and firm performance," Journal of Development Economics, Elsevier, vol. 176(C).
    41. Minh Nhat Nguyen & Ruipeng Liu, 2025. "Do stock markets care about climate change: A public media perspective," International Review of Finance, International Review of Finance Ltd., vol. 25(1), March.
    42. Bin Wang & Jiaxin Liu, 2024. "Impact of Climate Change on Green Technology Innovation—An Examination Based on Microfirm Data," Sustainability, MDPI, vol. 16(24), pages 1-25, December.
    43. Li, Di & Wu, Zhige & Tang, Yixuan, 2024. "Do climate risks affect dirty–clean energy stock price dynamic correlations?," Energy Economics, Elsevier, vol. 136(C).
    44. Yugang Ding & Jingwu Li, 2025. "Climate change, risk management, and firm performance: evidence from property-casualty insurers in China," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 50(4), pages 685-723, October.
    45. Agostino Capponi & Zhaonan Qu, 2025. "Handling Sparse Non-negative Data in Finance," Papers 2509.01478, arXiv.org.
    46. Bortolan, Leonardo & Dey, Atreya & Taschini, Luca, 2024. "Volatile temperatures and their effects on equity returns and firm performance," LSE Research Online Documents on Economics 128521, London School of Economics and Political Science, LSE Library.
    47. Wang, Hongtian & Shan, Jinghan & Zhang, Xuemei & Nie, Pu-yan & Wang, Chan, 2025. "Labor force allocation changes triggered by extreme heat events—Evidence from China," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 2142-2160.
    48. Hongjian Lu & Jingjing Tang & Zhengge Song, 2025. "The Impact of Climate Risk on Corporate Financialization—Based on Empirical Evidence of Chinese A-Share Listed Companies," IJFS, MDPI, vol. 13(4), pages 1-23, October.
    49. Cascarano, Michele & Natoli, Filippo & Petrella, Andrea, 2025. "Entry, exit, and market structure in a changing climate," European Economic Review, Elsevier, vol. 176(C).
    50. Huang, Shupei & Wang, Xinya & Xue, Yi & Zhang, Xinzhi, 2025. "CEOS’ climate risk perception bias and corporate debt structure," Journal of International Money and Finance, Elsevier, vol. 151(C).
    51. Yi, Siyu & Li, Sitong & Chen, Gengxuan, 2025. "Banking system stress: Unravelling its influence on U.S. industry risk," Research in International Business and Finance, Elsevier, vol. 76(C).
    52. Yi Zhou, 2026. "Using Generative AI to predict the weather impact on future stock returns," Review of Quantitative Finance and Accounting, Springer, vol. 66(4), pages 1569-1606, May.
    53. Zhang, Jie & Zhang, Xin, 2026. "The impact of extreme temperature on firm entry: Evidence from Guangdong," Research in International Business and Finance, Elsevier, vol. 84(C).
    54. Yuping Song & Lu Lu & Jingxuan Liu & Jingyi Zhou & Xin Wang & Fangfang Li, 2025. "A Study of the Factors Contributing to the Impact of Climate Risks on Corporate Performance in China’s Energy Sector," Sustainability, MDPI, vol. 17(11), pages 1-26, June.
    55. Hsu, Po-Hsuan & Lee, Hsiao-Hui & Yi, Long, 2024. "Corporate social responsibility and external disruptions," Journal of Corporate Finance, Elsevier, vol. 89(C).
    56. Lan, Yong & Gao, Hanxiao & Zhou, Ping & Zhang, Hua & Li, Hailing, 2025. "The impact of climate risks on global energy production and consumption: New evidence from causality-in-quantile and wavelet analysis," Energy, Elsevier, vol. 319(C).
    57. Lyu, Zhuoyang & Li, Zhengsheng & Yu, Li & Jiang, Yue, 2025. "Bad news travels fast: Extreme rainfall, migration networks, and migration," Research in International Business and Finance, Elsevier, vol. 80(C).
    58. Yan, Guan & Li, Fanglin & Liu, Zhidong & Zhou, Lu Jolly, 2025. "Climate risk concern and green premium in the stock market: Evidence from China," Finance Research Letters, Elsevier, vol. 84(C).
    59. Zhang, Jing & Li, Meng, 2024. "Compromise or struggle: Extreme temperatures and environmental corporate social responsibility in China," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 1872-1894.
    60. Vollmar, Steffen & Wening, Fabian, 2024. "Does heat stress deteriorate the quality of banks’ loan portfolios? Evidence from U.S. community banks," Finance Research Letters, Elsevier, vol. 69(PB).
    61. Leonardo Bortolan & Atreya Dey & Luca Taschini, 2024. "Volatile Temperatures and Their Effects on Equity Returns and Firm Performance," CESifo Working Paper Series 11438, CESifo.
    62. Yuan, Zhengrong & Ding, Hai & Yu, Qiuzuo, 2024. "High temperature, bargaining power and within-firm wage inequality: Evidence from China," Economic Modelling, Elsevier, vol. 135(C).
    63. Sun, Li, 2026. "Carbon emissions and discontinued operations," Research in International Business and Finance, Elsevier, vol. 84(C).
    64. Zhao, Rui & Zhang, Dayong & Guo, Mengmeng, 2024. "Do natural disasters affect stock price crash risk? Evidence from emerging markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 93(C).
    65. Chen, Fanglin & Zhang, Jie & Chen, Zhongfei, 2024. "Assessment of the effects of extreme temperature on economic activity," Ecological Economics, Elsevier, vol. 222(C).
    66. Munyanyi, Musharavati Ephraim & Damoah, Kaku Attah & Tirivayi, Nyasha, 2025. "Early life exposure to climate shocks and the protective role of cash transfers," Economics & Human Biology, Elsevier, vol. 59(C).
    67. Li, Meng & Zhang, Jing & Leng, Tiecheng, 2025. "Extreme high temperatures and corporate green innovation: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 93(C).

  4. Jawad M Addoum & Justin R Murfin & Itay Goldstein, 2020. "Equity Price Discovery with Informed Private Debt," The Review of Financial Studies, Society for Financial Studies, vol. 33(8), pages 3766-3803.

    Cited by:

    1. Jung Koo Kang & Christopher D. Williams & Regina Wittenberg-Moerman, 2021. "CDS trading and nonrelationship lending dynamics," Review of Accounting Studies, Springer, vol. 26(1), pages 258-292, March.
    2. Paul Demeré, 2023. "Is tax return information useful to equity investors?," Review of Accounting Studies, Springer, vol. 28(3), pages 1413-1465, September.
    3. Christian Bittner & Falko Fecht & Melissa Pala & Farzad Saidi, 2024. "Strategic Communication Among Banks," CRC TR 224 Discussion Paper Series crctr224_2024_587, University of Bonn and University of Mannheim, Germany.
    4. Billett, Matthew T. & Liu, Fangzhou & Tian, Xuan, 2025. "Information spillovers and cross monitoring between the stock market and loan market," Journal of Banking & Finance, Elsevier, vol. 171(C).
    5. Landsman, Wayne R. & Peña-Romera, F. Dimas & Zhao, Jianxin (Donny), 2025. "The value of lending to bellwether firms by institutional investors," Journal of Accounting and Economics, Elsevier, vol. 79(2).
    6. Bittner, Christian & Fecht, Falko & Pala, Melissa & Saidi, Farzad, 2022. "Information transmission between banks and the market for corporate control," Discussion Papers 29/2022, Deutsche Bundesbank.
    7. Bing Chen & Wei Chen & Xiaohui Yang, 2025. "Does Information Asymmetry Affect Firm Disclosure? Evidence from Mergers and Acquisitions of Financial Institutions," JRFM, MDPI, vol. 18(2), pages 1-28, January.
    8. Joon Woo Bae & Zhi Da & Virgilio Zurita, 2024. "Digesting FOREXS: Information Transmission Across Asset Classes and Return Predictability," Management Science, INFORMS, vol. 70(3), pages 1943-1969, March.
    9. Keßler, Andreas & Mählmann, Thomas, 2022. "Trading costs of private debt," Journal of Financial Markets, Elsevier, vol. 59(PB).
    10. Álvarez-Botas, Celia & González, Víctor M., 2024. "How does credit information sharing shape bank loans?," The Quarterly Review of Economics and Finance, Elsevier, vol. 95(C), pages 18-32.
    11. Bilan, Andrada & Ongena, Steven & Pancaro, Cosimo, 2023. "Bank private information in CDS markets," Working Paper Series 2818, European Central Bank.
    12. Li, Jiacui, 2022. "Endogenous inattention and risk-specific price underreaction in corporate bonds," Journal of Financial Economics, Elsevier, vol. 145(2), pages 595-615.
    13. Ingo Geburtig & Thomas Mählmann & Roberto Liebscher, 2025. "Dual holdings and shareholder–creditor agency conflicts: Evidence from the syndicated loan market," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 52(1), pages 222-260, February.
    14. Su, Xunhua & Zhang, Donghang & Zhang, Xiaoyu, 2025. "Loan market benefits of (High) IPO underpricing," Journal of Financial Intermediation, Elsevier, vol. 61(C).
    15. Saunders, Anthony & Shao, Pei & Xiao, Yuchao, 2024. "Private information disclosure in the secondary loan market and its impact on equity market trading costs," Journal of Financial Markets, Elsevier, vol. 67(C).
    16. Parija, Arpit Kumar & Chhatwani, Malvika, 2024. "How does bank opacity affect credit growth and return predictability?," Journal of Empirical Finance, Elsevier, vol. 79(C).

  5. Jawad M Addoum & Alok Kumar & Nhan Le & Alexandra Niessen-Ruenzi, 2020. "Local Bankruptcy and Geographic Contagion in the Bank Loan Market," Review of Finance, European Finance Association, vol. 24(5), pages 997-1037.

    Cited by:

    1. Song, Jeongseop & Zhang, Fan, 2024. "Regional market uncertainty and corporate investment," The North American Journal of Economics and Finance, Elsevier, vol. 69(PB).
    2. Contreras, Salvador & Ghosh, Amit & Hasan, Iftekhar, 2023. "The effect of bank failures on small business loans and income inequality," Journal of Banking & Finance, Elsevier, vol. 146(C).
    3. Siyi He & Qinglu Jin & Yipin Yu, 2025. "Will Local Analysts Cater to Government Needs in Earnings Forecasts? Evidence from Financial Misconduct in Chinese State-Owned Enterprises," Journal of Business Ethics, Springer, vol. 201(3), pages 663-687, October.
    4. Shi, Luqing & Yin, Zhujia & Zhang, Yun & Song, Linjia & Yang, Xin, 2025. "Regional financial risk and firms' access to trade credit: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 90(C).
    5. Jin, Long & Song, Yuhang & Pan, Changchun, 2024. "Does peer firms' debt default have positive externalities: The investment efficiency perspective," Finance Research Letters, Elsevier, vol. 59(C).
    6. Roy, Suvra & Marshall, Ben R. & Nguyen, Hung T. & Visaltanachoti, Nuttawat, 2025. "Stock price crashes and systematic risk," Journal of Contemporary Accounting and Economics, Elsevier, vol. 21(3).
    7. Haw, In-Mu & Song, Byron Y. & Tan, Weiqiang & Wang, Wenming, 2021. "Bankruptcy, overlapping directors, and bank loan pricing," Journal of Corporate Finance, Elsevier, vol. 71(C).
    8. Laura Serra & Claudio Detotto & Pablo Juan & Marco Vannini, 2022. "Intersectoral and spatial spill-overs of firms’ bankruptcy in Spain," Letters in Spatial and Resource Sciences, Springer, vol. 15(2), pages 197-211, August.
    9. Lin Zheng & Qiguang An & Mu Yang, 2026. "Climate change, corporate risk-taking, and financialization: evidence from Chinese A-share non-financial listed companies," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 28(1), pages 1443-1466, January.
    10. Gao, Haoyu & Ouyang, Yiling & Wang, Yaxin, 2024. "Corporate bond defaults and spillover effects on bank risk: Evidence from city commercial banks in China," Research in International Business and Finance, Elsevier, vol. 69(C).

  6. Jawad M Addoum & David T Ng & Ariel Ortiz-Bobea & Harrison Hong, 2020. "Temperature Shocks and Establishment Sales," The Review of Financial Studies, Society for Financial Studies, vol. 33(3), pages 1331-1366.

    Cited by:

    1. Lin, Weizheng & Wang, Chih-Wei & Li, Ying-Jie & Chen, Jian-Yun, 2025. "From green to digital: Exploring the role of ecological footprints on cybersecurity risk," Energy Economics, Elsevier, vol. 146(C).
    2. Bettarelli, Luca & Farole, Thomas & Ganslmeir, Michael & Santos, Indhira Vanessa & Schiffbauer, Marc Tobias, 2026. "Rising Heat in the Labor Market : The Impact of Rising Temperatures on Firms and Jobs in Europe," Policy Research Working Paper Series 11375, The World Bank.
    3. Zacharias Sautner & Laurence Van Lent & Grigory Vilkov & Ruishen Zhang, 2023. "Firm‐Level Climate Change Exposure," Journal of Finance, American Finance Association, vol. 78(3), pages 1449-1498, June.
    4. Li, Yong & Mao, Kun & Gan, Hongwu & Zhou, Yang, 2025. "Climate risk and household stock market participation," China Economic Review, Elsevier, vol. 94(PC).
    5. Gagliardi, Nicola & Grinza, Elena & Rycx, François, 2024. "The Productivity Impact of Global Warming: Firm-Level Evidence for Europe," IZA Discussion Papers 17241, IZA Network @ LISER.
    6. Cang, Han & Li, Chao, 2024. "Corporate climate risk and bond credit spreads," Finance Research Letters, Elsevier, vol. 67(PA).
    7. Venky Nagar & Jordan Schoenfeld, 2024. "Measuring weather exposure with annual reports," Review of Accounting Studies, Springer, vol. 29(1), pages 1-32, March.
    8. Yanyan Ouyang & Dabin Weng & Mengmeng Guo & Liqiang Chen, 2026. "The Impact of Temperature Changes on International Trade," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 34(1), pages 224-255, January.
    9. Olaboopo, Olakunle & Boamah, Evans O., 2026. "Climate change news risk and advertising spending," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 106(C).
    10. Liu, Huajin & Zhang, Wei & Zhang, Xiaotao & Li, Donghui, 2023. "Abnormal temperature and retail investors’ trading behavior," Finance Research Letters, Elsevier, vol. 55(PB).
    11. Agoraki, Konstantina K. & Giaka, Maria & Konstantios, Dimitrios & Negkakis, Ioannis, 2024. "The relationship between firm-level climate change exposure, financial integration, cost of capital and investment efficiency," Journal of International Money and Finance, Elsevier, vol. 141(C).
    12. Venturini, Alessio, 2022. "Climate change, risk factors and stock returns: A review of the literature," International Review of Financial Analysis, Elsevier, vol. 79(C).
    13. Adhikari, Hari P. & More, Deepak G. & Sah, Nilesh B., 2025. "Climate change exposure and short-termism: Evidence from net trade credit," International Review of Financial Analysis, Elsevier, vol. 103(C).
    14. Benjamin Collier & Daniel Hartley & Benjamin J. Keys & Jing Xian Ng, 2024. "Credit When You Need It," Working Paper Series WP 2024-16, Federal Reserve Bank of Chicago.
    15. Liu, Xinheng & Lv, Shumei & Yang, Xin & Cao, Jie & Huang, Chuangxia, 2025. "Extreme temperature shocks and firms’ financial distress," International Review of Economics & Finance, Elsevier, vol. 98(C).
    16. Claudia Custodio & Miguel A. Ferreira & Emilia Garcia-Appendini & Adrian Lam, 2022. "Economic impact of climate change," Nova SBE Working Paper Series wp645, Universidade Nova de Lisboa, Nova School of Business and Economics.
    17. Yang, Chao & Song, Di, 2025. "How does climate change exposure affects green innovation in China: A framework for categorizing innovation," International Review of Financial Analysis, Elsevier, vol. 103(C).
    18. Xiaoyang Li & Xinyue Zhang, 2025. "Climate Change Exposure and Cash Holdings," Sustainability, MDPI, vol. 17(1), pages 1-35, January.
    19. Zhang, Junru & Luo, Le & Yang, Joey Wenling, 2026. "Does artificial intelligence mitigate climate change exposure?," Journal of Banking & Finance, Elsevier, vol. 183(C).
    20. Peillex, Jonathan & El Ouadghiri, Imane & Gomes, Mathieu & Jaballah, Jamil, 2021. "Extreme heat and stock market activity," Ecological Economics, Elsevier, vol. 179(C).
    21. Marion Leroutier & Hélène Ollivier, 2025. "The Cost of Air Pollution for Workers and Firms," CESifo Working Paper Series 11785, CESifo.
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  7. Jawad M. Addoum & Stefanos Delikouras & Da Ke & Alok Kumar, 2019. "Underreaction to Political Information and Price Momentum," Financial Management, Financial Management Association International, vol. 48(3), pages 773-804, September.

    Cited by:

    1. Choi, Seong-jin & Liu, Huilong & Yin, Jun & Qi, Yunfei & Lee, Jeoung Yul, 2021. "The effect of political turnover on firms’ strategic change in the emerging economies: The moderating role of political connections and financial resources," Journal of Business Research, Elsevier, vol. 137(C), pages 255-266.
    2. Garima Goel & Saumya Ranjan Dash & Mário Nuno Mata & António Bento Caleiro & João Xavier Rita & José António Filipe, 2021. "Economic Policy Uncertainty and Stock Return Momentum," JRFM, MDPI, vol. 14(4), pages 1-17, March.
    3. Chan, Kam Fong & Smales, Lee A., 2025. "U.S. Presidential news coverage: Risk, uncertainty and stocks," International Review of Economics & Finance, Elsevier, vol. 98(C).
    4. Qingyuan Han, 2025. "Understanding price momentum, market fluctuations, and crashes: insights from the extended Samuelson model," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 11(1), pages 1-37, December.
    5. Treepongkaruna, Sirimon & Chan, Kam Fong & Malik, Ihtisham, 2023. "Climate policy uncertainty and the cross-section of stock returns," Finance Research Letters, Elsevier, vol. 55(PA).
    6. Huang, Shuyang & Zeng, Ming, 2022. "Political sentiment and MAX effect," The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
    7. Rahman, Oriana & Semenov, Andrei, 2025. "Subjective probabilities under behavioral heuristics," International Review of Economics & Finance, Elsevier, vol. 98(C).
    8. Ming Gu & Minxing Sun & Yangru Wu & Weike Xu, 2021. "Economic policy uncertainty and momentum," Financial Management, Financial Management Association International, vol. 50(1), pages 237-259, March.

  8. Jawad M. Addoum & Stefanos Delikouras & George M. Korniotis & Alok Kumar, 2019. "Income Hedging, Dynamic Style Preferences, and Return Predictability," Journal of Finance, American Finance Association, vol. 74(4), pages 2055-2106, August.

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    1. Alex Borodin & Galina Panaedova & Svetlana Frumina & Aidyn Kairbekuly & Natalia Shchegolevatykh, 2021. "Modeling the Business Environment of an Energy Holding in the Formation of a Financial Strategy," Energies, MDPI, vol. 14(23), pages 1-18, December.
    2. d'Astous, Philippe & Shore, Stephen H., 2024. "Human capital risk and portfolio choices: Evidence from university admission discontinuities," Journal of Financial Economics, Elsevier, vol. 154(C).
    3. Minh Nhat Nguyen & Ruipeng Liu, 2025. "Do stock markets care about climate change: A public media perspective," International Review of Finance, International Review of Finance Ltd., vol. 25(1), March.
    4. Muhammad Abubakr Naeem & Mudassar Hasan & Muhammad Arif & Syed Jawad Hussain Shahzad, 2020. "Can Bitcoin Glitter More Than Gold for Investment Styles?," SAGE Open, , vol. 10(2), pages 21582440209, May.

  9. Jawad M. Addoum & George Korniotis & Alok Kumar, 2017. "Stature, Obesity, and Portfolio Choice," Management Science, INFORMS, vol. 63(10), pages 3393-3413, October.

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    1. Kaustia, Markku & Conlin, Andrew & Luotonen, Niilo, 2023. "What drives stock market participation? The role of institutional, traditional, and behavioral factors," Journal of Banking & Finance, Elsevier, vol. 148(C).
    2. Zeyang Chen & Yu-Jane Liu & Juanjuan Meng & Zeng Wang, 2023. "What’s in a Face? An Experiment on Facial Information and Loan-Approval Decision," Management Science, INFORMS, vol. 69(4), pages 2263-2283, April.
    3. Delis, Manthos D. & Dioikitopoulos, Evangelos V. & Ongena, Steven, 2023. "Population diversity and financial risk-taking," Journal of Banking & Finance, Elsevier, vol. 151(C).
    4. Marc‐André Luik & Amelia Guha Thakurta & Dennis Wesselbaum, 2021. "Child health, human capital, and adult financial behavior," Health Economics, John Wiley & Sons, Ltd., vol. 30(11), pages 2722-2750, November.
    5. Gan, Hongwu & Guo, Mengmeng & Li, Jian & Niu, Geng & Zhou, Yang, 2025. "Air pollution and household stock market participation," Journal of Banking & Finance, Elsevier, vol. 172(C).
    6. Despina Gavresi & Anastasia Litina & Christos A. Makridis, 2024. "Split personalities? Behavioral effects of temperature on financial decision‐making," Kyklos, Wiley Blackwell, vol. 77(3), pages 664-689, August.
    7. Luigi Guiso & Tullio Jappelli, 2020. "Investment in Financial Information and Portfolio Performance," Economica, London School of Economics and Political Science, vol. 87(348), pages 1133-1170, October.
    8. Chenyu Kang & Ridong Hu, 2022. "Age structure of the population and the choice of household financial assets," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 2889-2905, December.
    9. Gan, Hongwu & Lu, Shengfeng & Lu, Weijie & Niu, Geng & Zhou, Yang, 2023. "Beauty and stock market participation," Journal of Banking & Finance, Elsevier, vol. 155(C).
    10. Böckerman, Petri & Conlin, Andrew & Svento, Rauli, 2021. "Early health, risk aversion and stock market participation," Journal of Behavioral and Experimental Finance, Elsevier, vol. 32(C).
    11. John R. Nofsinger & Corey A. Shank, 2019. "DEEP sleep: The impact of sleep on financial risk taking," Review of Financial Economics, John Wiley & Sons, vol. 37(1), pages 92-105, January.
    12. Leyuan You, 2024. "The Impact of Social Norms of Responsibility on Corporate Social Responsibility Short Title: The Impact of Social Norms of Responsibility on Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 190(2), pages 309-326, March.
    13. Huang, Winifred & Vismara, Silvio & Wei, Xingjie, 2022. "Confidence and capital raising," Journal of Corporate Finance, Elsevier, vol. 77(C).

  10. Jawad M. Addoum, 2017. "Household Portfolio Choice and Retirement," The Review of Economics and Statistics, MIT Press, vol. 99(5), pages 870-883, December.

    Cited by:

    1. Lorenz Meister & Karla Schulze, 2022. "How Shocks Affect Stock Market Participation," DIW Roundup: Politik im Fokus 142, DIW Berlin, German Institute for Economic Research.
    2. Feng Zhao & Youzhi Xiao, 2023. "Information Searching from New Media and Households’ Investment in Risky Assets: New Evidence from a Quasi-Natural Experiment," Sustainability, MDPI, vol. 15(4), pages 1-25, February.
    3. Brooks, Chris & Sangiorgi, Ivan & Hillenbrand, Carola & Money, Kevin, 2019. "Experience wears the trousers: Exploring gender and attitude to financial risk," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 483-515.
    4. Li, Mingzhe, 2025. "A Theory of Portfolio Choice for Heterogeneous Investors," MPRA Paper 126642, University Library of Munich, Germany, revised 29 Oct 2025.
    5. Gomes, Francisco J. & Haliassos, Michael & Ramadorai, Tarun, 2020. "Household finance," IMFS Working Paper Series 138, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    6. Christelis, Dimitris & Georgarakos, Dimitris & Sanz-de-Galdeano, Anna, 2020. "The impact of health insurance on stockholding: A regression discontinuity approach," Journal of Health Economics, Elsevier, vol. 69(C).
    7. Gu, R. & Peng, C. & Zhang, W., 2021. "The Gender Gap in Household Bargaining Power: A Portfolio-Choice Approach," Cambridge Working Papers in Economics 2130, Faculty of Economics, University of Cambridge.
    8. Chen, Guodong & Lee, Minjoon & Nam, Tong-yob, 2020. "Forced retirement risk and portfolio choice," Journal of Empirical Finance, Elsevier, vol. 58(C), pages 293-315.
    9. Cai, Xiqian & Cheng, Zhengquan & Li, Dongxu, 2024. "Balancing against geopolitical risk: Household investment portfolios during the U.S.-China trade war," Finance Research Letters, Elsevier, vol. 66(C).
    10. Guo, Naijia & Leung, Charles Ka Yui & Zhang, Shumeng, 2025. "From Pandemics to Portfolios: Long-Term Impacts of the 2009 H1N1 Outbreak on Household Investment Choices," MPRA Paper 123534, University Library of Munich, Germany.
    11. Antoniou, Constantinos & Cuculiza, Carina & Kumar, Alok & Yang, Lizhengbo, 2024. "It takes two to tango: Spousal risk preferences and CEO risk-taking behavior," Journal of Corporate Finance, Elsevier, vol. 86(C).
    12. Chen, Xi, 2022. "The impact of spousal and own retirement on health: Evidence from urban China," World Development, Elsevier, vol. 159(C).
    13. Junkee Jeon & Hyeng Keun Koo & Minsuk Kwak, 2024. "Human capital and portfolio choice: borrowing constraint and reversible retirement," Mathematics and Financial Economics, Springer, volume 18, number 5, December.
    14. Cheng, Lingguo & Lu, Yunfeng, 2024. "Does retirement make people more risk averse?," Journal of Economic Behavior & Organization, Elsevier, vol. 224(C), pages 135-155.
    15. Grant, Andrew & Kalev, Petko S. & Subrahmanyam, Avanidhar & Joakim Westerholm, P., 2022. "Retail trading activity and major lifecycle events: The case of divorce," Journal of Banking & Finance, Elsevier, vol. 135(C).
    16. Appelbaum, Elie, 2026. "Endogenous Risk Attitudes in Family Portfolio Choice," MPRA Paper 129118, University Library of Munich, Germany.
    17. Da Ke, 2021. "Who Wears the Pants? Gender Identity Norms and Intrahousehold Financial Decision‐Making," Journal of Finance, American Finance Association, vol. 76(3), pages 1389-1425, June.
    18. Bonaparte, Yosef & Khalaf, Sarah & Korniotis, George, 2022. "The Obama Effect: Heightened Risk Tolerance, Optimism, and Wealth Accumulation by Minorities after 2008," CEPR Discussion Papers 14264, Centre for Economic Policy Research.
    19. Evguenia Bessonova & Irina Denisova & Nadezhda Ivanova & Alexandra Moskaleva, 2024. "Demography and Savings: Evidence from a Russian Household Survey," Bank of Russia Working Paper Series wps135, Bank of Russia.
    20. Majilla, Tanmoy, 2025. "Shadow education, intra-household financial resource allocation, and educational achievements," Journal of Economic Behavior & Organization, Elsevier, vol. 233(C).
    21. Cotwright Marty & Chatterjee Swarn, 2022. "Equity Return Expectations and Financial Wealth Holdings of U.S. Households," Open Economics, De Gruyter, vol. 5(1), pages 1-10, January.
    22. Xiaonan Chen & Jianfeng Song, 2022. "Influence Path Analysis of Rural Household Portfolio Selection: A Empirical Study Using Structural Equation Modelling Method," The Journal of Real Estate Finance and Economics, Springer, vol. 64(2), pages 298-322, February.

  11. Jawad M. Addoum & Alok Kumar, 2016. "Political Sentiment and Predictable Returns," The Review of Financial Studies, Society for Financial Studies, vol. 29(12), pages 3471-3518.

    Cited by:

    1. Eichler, Stefan & Plaga, Timo, 2020. "The economic record of the government and sovereign bond and stock returns around national elections," Journal of Banking & Finance, Elsevier, vol. 118(C).
    2. Moszoro, Marian, 2020. "Political Cognitive Biases Effects on Fund Managers' Performance," MPRA Paper 101572, University Library of Munich, Germany.
    3. Hasan, Mostafa Monzur & Hossain, Ashrafee & Jiang, Haiyan, 2025. "Political sentiment and credit ratings," The British Accounting Review, Elsevier, vol. 57(3).
    4. Aabo, Tom & Lee, Suin & Pantzalis, Christos & Park, Jung Chul, 2020. "Know thy neighbor: Political uncertainty and the informational advantage of local institutional investors," Journal of Banking & Finance, Elsevier, vol. 113(C).
    5. Alnahedh, Saad & Alhashel, Bader, 2024. "Firm executive political leanings, Washington, and stock market returns," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 476-491.
    6. Nagar, Venky & Schoenfeld, Jordan & Wellman, Laura, 2019. "The effect of economic policy uncertainty on investor information asymmetry and management disclosures," Journal of Accounting and Economics, Elsevier, vol. 67(1), pages 36-57.
    7. Haijie Huang & Edward Lee & Changjiang Lyu & Zhenmei (Judy) Zhu, 2024. "Does Firm‐level Political Uncertainty Affect the Mispricing of Earnings? A Natural Experiment through Government‐to‐business Revolving Door," Abacus, Accounting Foundation, University of Sydney, vol. 60(3), pages 446-491, September.
    8. Wong, Jin Boon & Zhang, Qin, 2025. "The impact of political risks on carbon emissions," Energy Economics, Elsevier, vol. 141(C).
    9. Angelini, Eliana & Foglia, Matteo & Ortolano, Alessandra & Leone, Maria, 2018. "The “Donald” and the market: Is there a cointegration?," Research in International Business and Finance, Elsevier, vol. 45(C), pages 30-37.
    10. Lugo, Stefano & Montone, Maurizio, 2026. "Friend or foe? Bilateral political relations and the portfolio allocation of foreign institutional investors," Journal of Corporate Finance, Elsevier, vol. 97(C).
    11. Anton Brännlund & Henrik Serup Christensen, 2025. "The Commodification of Political Distrust: Do Crypto “Hodlers” Distrust Political Institutions?," Economics and Politics, Wiley Blackwell, vol. 37(2), pages 769-779, July.
    12. Stefano Ramelli & Alexander F. Wagner & Richard J. Zeckhauser & Alexandre Ziegler, 2018. "Investor Rewards to Climate Responsibility: Evidence from the 2016 Climate Policy Shock," NBER Working Papers 25310, National Bureau of Economic Research, Inc.
    13. Dimitrios Asteriou & Antonios Sarantidis, 2016. "Political instability and stock market returns: Evidence from OECD countries," Economics and Business Letters, Oviedo University Press, vol. 5(4), pages 113-124.
    14. Hasan, Mostafa Monzur & Jiang, Haiyan, 2023. "Political sentiment and corporate social responsibility," The British Accounting Review, Elsevier, vol. 55(1).
    15. Zhu, Lin & Jiang, Fuwei & Tang, Guohao & Jin, Fujing, 2024. "From macro to micro: Sparse macroeconomic risks and the cross-section of stock returns," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    16. Das, Kuntal K. & Yaghoubi, Mona, 2023. "Stock liquidity and firm-level political risk," Finance Research Letters, Elsevier, vol. 51(C).
    17. Xin, Wei & Grant, Lewis & Groom, Ben & Zhang, Chendi, 2025. "Noisy biodiversity: the impact of ESG biodiversity ratings on asset prices," LSE Research Online Documents on Economics 128185, London School of Economics and Political Science, LSE Library.
    18. Kempf, Elisabeth & Tsoutsoura, Margarita, 2018. "Partisan Professionals: Evidence from Credit Rating Analysts," CEPR Discussion Papers 14343, Centre for Economic Policy Research.
    19. Fos, Vyacheslav & Kempf, Elisabeth & Tsoutsoura, Margarita, 2021. "The Political Polarization of Corporate America," Working Papers 313, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    20. Francis, Bill B. & Hasan, Iftekhar & Zhu, Yun, 2021. "The impact of political uncertainty on institutional ownership," Journal of Financial Stability, Elsevier, vol. 57(C).
    21. Beyer, Deborah B. & Fan, Zaifeng S., 2023. "The calming effects of conflict: The impact of partisan conflict on market volatility," International Review of Financial Analysis, Elsevier, vol. 85(C).
    22. Gavriilidis, Konstantinos & Kallinterakis, Vasileios & Montone, Maurizio, 2024. "Political uncertainty and institutional herding," Journal of Corporate Finance, Elsevier, vol. 88(C).
    23. Chen, Honghui & Kumar, Alok & Lu, Yan & Singh, Ajai, 2022. "Do Hedge Fund Managers Understand Politics? Political Sensitivity and Investment Skill," Journal of Banking & Finance, Elsevier, vol. 135(C).
    24. Hanke, Michael & Stöckl, Sebastian & Weissensteiner, Alex, 2020. "Political event portfolios," Journal of Banking & Finance, Elsevier, vol. 118(C).
    25. Youngsoo Kim & Jung Chul Park, 2022. "Presidential power and stock returns," Financial Management, Financial Management Association International, vol. 51(2), pages 455-499, June.
    26. Wang, Liyao, 2024. "Partisan conflict and corporate credit spreads: The role of political connection," Journal of Corporate Finance, Elsevier, vol. 84(C).
    27. Kempf, Elisabeth & Luo, Mancy & Schafer, Larissa & Tsoutsoura, Margarita, 2022. "Does Political Partisanship Cross Borders? Evidence from International Capital Flows," Working Papers 316, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    28. Jessica Paule-Vianez & Júlio Lobão & Raúl Gómez-Martínez & Camilo Prado-Román, 2021. "Momentum strategies in times of economic policy uncertainty," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 13(3), pages 285-300, April.
    29. Liu, Yi & Jin, Justin & Zhang, Zehua & Zhao, Ran, 2022. "Firm-level political sentiment and corporate tax avoidance," International Review of Financial Analysis, Elsevier, vol. 84(C).
    30. Wagner, Alexander F. & Ramelli, Stefano & Zeckhauser, Richard & Ziegler, Alexandre, 2018. "Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections," CEPR Discussion Papers 13206, Centre for Economic Policy Research.
    31. Hanke, Michael & Stöckl, Sebastian & Weissensteiner, Alex, 2022. "Recovering election winner probabilities from stock prices," Finance Research Letters, Elsevier, vol. 45(C).
    32. Colak, Gonul & Gounopoulos, Dimitrios & Loukopoulos, Panagiotis & Loukopoulos, Georgios, 2021. "Political power, local policy uncertainty and IPO pricing," Journal of Corporate Finance, Elsevier, vol. 67(C).
    33. Chava, Sudheer & Hsu, Alex & Zeng, Linghang, 2020. "Does history repeat itself? Business cycle and industry returns," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 201-218.
    34. Chansog (Francis) Kim & Yun Meng & Christos Pantzalis & Jung Chul Park, 2026. "Political Geography, Myside Bias, and Retail Investor Behavior," Financial Management, Financial Management Association International, vol. 55(2), pages 329-362, June.
    35. Makrychoriti, Panagiota & Pyrgiotakis, Emmanouil G., 2024. "Firm-level political risk and stock price crashes," Journal of Financial Stability, Elsevier, vol. 74(C).
    36. Jannati, Sima, 2020. "Geographic spillover of dominant firms’ shocks," Journal of Banking & Finance, Elsevier, vol. 118(C).
    37. Huang, Shuyang & Zeng, Ming, 2022. "Political sentiment and MAX effect," The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
    38. Cheng, Xu & Kong, Dongmin & Wang, Junbo, 2021. "Political uncertainty and A-H share premium," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    39. Bonaparte, Yosef & Khalaf, Sarah & Korniotis, George, 2022. "The Obama Effect: Heightened Risk Tolerance, Optimism, and Wealth Accumulation by Minorities after 2008," CEPR Discussion Papers 14264, Centre for Economic Policy Research.
    40. Kesse, Kwabena & Blenman, Lloyd P., 2024. "Political risks, excess and carry trade returns in global markets," International Review of Financial Analysis, Elsevier, vol. 91(C).
    41. Xin, Wei & Grant, Lewis & Groom, Ben & Zhang, Chendi, 2025. "Noisy biodiversity: The impact of ESG biodiversity ratings on asset prices," Ecological Economics, Elsevier, vol. 236(C).
    42. Chen, Zilin & Da, Zhi & Huang, Dashan & Wang, Liyao, 2023. "Presidential economic approval rating and the cross-section of stock returns," Journal of Financial Economics, Elsevier, vol. 147(1), pages 106-131.
    43. Montone, Maurizio, 2022. "Does the U.S. president affect the stock market?," Journal of Financial Markets, Elsevier, vol. 61(C).
    44. Ashrafee T. Hossain & Mostafa Monzur Hasan & Abdullah‐Al Masum, 2026. "Political Risk, Political Polarization, and Earnings Management," The Financial Review, Eastern Finance Association, vol. 61(1), pages 175-200, February.
    45. Sunghoon Joo & Dong H. Kim & Jung Chul Park, 2020. "Does local political support influence financial markets? A study on the impact of job approval ratings of political representatives on local stock returns," The Financial Review, Eastern Finance Association, vol. 55(2), pages 247-276, May.
    46. Bonaparte, Yosef & Khalaf, Sarah & Korniotis, George M., 2023. "Financial decisions of minorities post-2008," Journal of Banking & Finance, Elsevier, vol. 149(C).
    47. Paritosh Chandra Sinha, 2021. "Attention to the Election-Economics-Politics (EEP) Nexus in the Indian Stock Markets," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 13(1), pages 7-32, June.
    48. Marshall, Ben R. & Nguyen, Hung T. & Nguyen, Nhut H. & Visaltanachoti, Nuttawat, 2018. "Politics and liquidity," Journal of Financial Markets, Elsevier, vol. 38(C), pages 1-13.
    49. Xie, Xinyan & Li, Junfeng & Wu, Kai, 2026. "Local optimistic expectations and corporate capital structure decisions," Research in International Business and Finance, Elsevier, vol. 84(C).
    50. Chen, Pin-Ju & Jiu, Lili & Yu, Po-Hsiang, 2025. "Customer political sentiment and supplier relationship-specific investments," Advances in accounting, Elsevier, vol. 69(C).

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