The gravity of culture for finance

GA Karolyi - Journal of Corporate Finance, 2016 - Elsevier
Scholarship in finance has paid relatively little attention to the role of culture in financial
decision-making compared to other business disciplines and economics. This paper will …

Emerging markets research: Trends, issues and future directions

C Kearney - Emerging Markets Review, 2012 - Elsevier
We survey recent research on emerging markets (EM) within the fields of economics,
finance, international business and management. To do this, we reconfigure the Journal of …

Rethinking financial contagion: Information transmission mechanism during the COVID-19 pandemic

L Yarovaya, J Brzeszczyński, JW Goodell… - Journal of International …, 2022 - Elsevier
Rapidly growing numbers of empirical papers assessing the financial effects of COVID-19
pandemic triggered an urgent need for a study summarising the existing knowledge of …

Stock markets' reaction to Covid-19: Moderating role of national culture

BN Ashraf - Finance Research Letters, 2021 - Elsevier
Recent literature reports stock markets around the world reacted to the Covid-19 pandemic
with negative returns. However, this reaction was not uniform across countries. In this paper …

A bibliometric analysis of cultural finance

JW Goodell, S Kumar, O Lahmar, N Pandey - International Review of …, 2023 - Elsevier
We present a systematic review of research conducted on culture in finance journals,
accompanied by bibliometric summary analysis. We summarize publication and citation …

Investor sentiment and stock returns: Global evidence

W Wang, C Su, D Duxbury - Journal of Empirical Finance, 2021 - Elsevier
We assess the impact of investor sentiment on future stock returns in 50 global stock
markets. Using the consumer confidence index (CCI) as the sentiment proxy, we document a …

The impact of cultural diversity in corporate boards on firm performance

B Frijns, O Dodd, H Cimerova - Journal of Corporate Finance, 2016 - Elsevier
We examine the impact of cultural diversity in boards of directors on firm performance. We
construct a measure of national cultural diversity by calculating the average of cultural …

[HTML][HTML] The conditional impact of investor sentiment in global stock markets: A two-channel examination

W Wang, C Su, D Duxbury - Journal of Banking & Finance, 2022 - Elsevier
While investor sentiment has been shown to have a robust, direct impact on stock returns,
we know little about how it impacts returns through an indirect channel from conditional …

[HTML][HTML] Tax morale and international tax evasion

DM Kemme, B Parikh, T Steigner - Journal of World Business, 2020 - Elsevier
Low tax morale is associated with domestic tax evasion. We find evidence of cross-border
equity flows designed to evade taxes in low tax morale countries. Using Foreign Portfolio …

The effects of national culture and behavioral pitfalls on investors' decision-making: Herding behavior in international stock markets

CH Chang, SJ Lin - International Review of Economics & Finance, 2015 - Elsevier
The purpose of this study is to explore the determinants of investor decision-making in
international stock markets. Unlike previous literature, this study provides insight into the …