Autocallable exchange-traded funds provide a setting for examining how the ETF wrapper changes the organization and delivery of structured, state-contingent payoffs. These funds place barrier-based and path-dependent exposures inside a continuing exc...
Does longer board tenure improve corporate environmental oversight through accumulated experience or reinforce strategic inertia? Using 21,996 firm-year observations from 2739 U.S. listed firms over 2002–2023, we examine the association between...
Generative AI is increasingly influencing how retail investors access financial information, evaluate investment alternatives, and make decisions. However, its behavioral implications remain insufficiently understood, particularly in rapidly developi...
This study examines whether the equities of leading artificial intelligence (AI) firms were integrated with Bitcoin, gold, West Texas Intermediate (WTI) crude oil and clean energy from January 2018 to July 2026. Using an equally weighted index of NVI...
This paper quantitatively examines and compares the return and volatility impacts of Alternative Energy (ALTENUS) and United States (U.S.) financial institutions during three periods of systemic stress: the Global Financial Crisis (GFC), the COVID-19...
This paper examines how the composition of early financing is associated with the survival of startups founded during the COVID-19 shock, and whether exposure to the shock modifies these associations. We use hand-collected survey data on 301 startups...
This paper examines whether machine-learning forecasts of artificial intelligence (AI) exchange-traded fund (ETF) prices can improve portfolio diversification, reduce downside risk, and increase risk-adjusted returns relative to passive diversificati...
Under the proprietary cost theory, firms voluntarily disclose information when the benefits of disclosure exceed the costs of revealing sensitive information to competitors or regulators. We hypothesize that management guidance may incur proprietary...
Conventional project finance values renewable assets as a deterministic stream of discounted cash flows, treating capital cost as fixed and the underlying engineering as a black box. This paper examines how far such static NPV analysis can misprice u...
The weighted average cost of capital (WACC) reflects both the cost and weight of each financing source, so separating them matters for explaining the ESG–firm value relationship. This study examines how ESG disclosure (ESGD) and ESG performance...
Machine Learning (ML) models are increasingly used in credit risk assessment, creating a growing need for decision mechanisms that balance predictive performance and fairness. Fairness-aware threshold optimization has emerged as an attractive post-pr...
This paper examines the organizational and financial capacity of Croatian cultural-sector organizations to access and manage European Union (EU) project funding. An explanatory sequential mixed-methods design was applied, combining a survey of 81 org...
This study examines whether Moroccan agricultural small- and medium-sized enterprises (SMEs) adjust their leverage toward a target capital structure and estimates the speed of adjustment. Drawing on the dynamic trade-off perspective and the partial-a...
The 2023 amendments to IAS 7 and IFRS 7 require buyers to disclose the liabilities covered by supplier finance arrangements, the part already paid to suppliers by finance providers, and payment-term ranges. Taking the disclosure objective of IAS 7.44...
The growing importance of identifying environmental, social and governance (ESG) risks is driven by increasing regulatory requirements and stakeholder expectations. However, information asymmetry, disclosure–performance gaps and potential green...
Static risk registers compiled at financial close do not follow the market conditions that determine the cash flows of merchant-exposed renewable projects. This study asks how far public day-ahead market data can support a phase-adaptive decision-sup...
The COVID-19 pandemic depressed household income and firm revenue, transmitting a broad real shock to bank loan portfolios. This study asks whether the composition of bank assets conditioned that transmission. Using data for 344 commercial banks in 4...
Alpha generation is increasingly shaped by large language models (LLMs) and agentic AI, yet much of the literature still treats alpha primarily as a predictive output rather than the result of sequential investment decisions under constraints. This p...
The digital transformation of banking and finance intensifies exposure to cyber threats and the need to understand how scientific knowledge on Information Security is evolving in this sector. This study systematically and bibliometrically analyzes th...
This article compares ARMA-GARCH models under alternative statistical distributions to identify the best fit for risk assessment in selected U.S. agricultural commodity markets. The Kupiec proportion-of-failures test assesses whether actual losses ex...
Financial wellbeing generally refers to people’s perception of current financial stability, their readiness to handle emergencies, and their confidence to cope financially in the future. However, financial wellbeing studies in Australia have co...
This study examines financial performance before and after mergers and acquisitions (M&A) among Indonesian listed firms. The sample comprises 134 M&A events involving 91 companies and 481 event-horizon observations. Twelve financial indicator...
Financial inclusion is expected to raise long-run income, yet the banks that deliver it in Latin America carry recurrent asset-quality problems. This study asks whether the usage of formal financial services is associated with higher income per capit...
Biodiversity loss is emerging as a material governance and accountability concern, yet biodiversity reporting often remains fragmented from species protection and ecological recovery. This paper reviews the development of accounting and accountabilit...
Access to appropriate finance is central to smallholder agricultural adaptation, but the relationships among digital financial access, financial inclusion, and financial literacy remain insufficiently examined. This study examined the association bet...
Antimicrobial resistance (AMR) is an emerging trend risk for health insurers. This paper develops a multi-year actuarial framework of the kind used in an own risk and solvency assessment (ORSA) to assess how an unpriced AMR trend affects capital adeq...
Digital media has become a central information channel for investors and policymakers, yet the information it provides on foreign direct investment (FDI) is often noisy, uncertain, and fragmented. This study examines the role and impact of digital me...
This study aims to identify financial and non-financial variables associated with independent audit opinions by using predictive models interpreted through explainable artificial intelligence (XAI) techniques, thereby improving transparency in audit-...
This study examines whether cross-sectional return-dispersion patterns on the Qatar Stock Exchange (QSE) differ during Ramadan and whether those patterns vary across sectors and market conditions. Using daily stock-price data from 2016 through 30 Jul...
Thai households faced a sharp external energy price shock in 2026 against high pre-existing indebtedness. This conceptual article develops a framework for analyzing whether energy price shocks, fuel subsidy financing, credit constraints, and overlapp...
This study tests whether conventional firm-level and macroeconomic determinants explain dividend payout on the Qatar Stock Exchange (QSE), a concentrated, state-influenced and hydrocarbon-dependent market. Using 245 firm-years for 28 listed firms (20...
This study examines the determinants of non-performing loans (NPLs) in Albania’s corporate lending market and explores the association between credit information sharing and loan performance. The analysis uses 11,874 corporate loans of at least...
Bitcoin price forecasting often uses broad information sets that combine market, on-chain, macroeconomic, financial, energy, and technical variables. This study examines whether predictor reduction improves one-day-ahead Bitcoin price forecasts withi...
This study examines the relationship between ownership structure and firm performance in Jordan and investigates the m role of audit committee presence in these relationships. Using a balanced panel of non-financial firms listed on the Amman Stock Ex...
This study examines whether CEO political leaning, as a managerial attribute, is associated with diversity, equity, and inclusion (DEI) disclosure in mandatory corporate filings and whether DEI-related language changed during the first filing period...
Closing the global sustainable-development financing gap increasingly depends on two pillars working together: green finance and technological innovation. Yet the literature on green finance, financial technology (fintech), and environmental, social,...
This study investigates the relationship between financial inclusion (FI), energy poverty (EP), and food security (FS) in Sub-Saharan Africa (SSA), with particular attention to the nonlinear role of energy conditions in shaping the effect of FI on FS...
This study analyzes daily bank stock returns and their dynamic connectedness for nine American banks between 18 March 2022 and 15 March 2023. It examines the interrelationships between bank stock returns and three economy-wide variables: market senti...
This study examines whether the associations between corporate governance attributes and sustainability assurance differ across major global regions. Specifically, it investigates how board characteristics, audit committee characteristics, sustainabi...
Geopolitical risk (GPR) has gained increasing prominence in financial markets, given the significant influence of political events on corporate decision-making and investor behavior. This study examines the effect of GPR on financial opacity (FO) and...
Digital Services Taxes (DSTs) tax the revenue that large digital platforms earn in a country, and critics warn that they slow economic growth. This study tests that claim using data for nine countries that adopted a DST and seven that did not over 20...
Tokenized real-world-asset (RWA) markets, in which blockchain tokens grant claims on off-chain loans, Treasury portfolios, and listed securities, reached USD 9.26 billion in May 2026 across twelve public-chain protocols. Using 9081 protocol-day obser...
This study examines how ESG ratings and SG&A cost adjustment are associated with equity market value and whether gross margin provides an exploratory operating-performance pathway. Using a balanced panel of 1512 firm-year observations from 504 co...
This study examines asymmetric exchange-rate pass-through to consumer prices and evaluates whether currency depreciation and appreciation exert differential effects on inflation. A nonlinear autoregressive distributed lag (NARDL) framework is employe...
Retail investors increasingly discuss investments with conversational artificial intelligence (AI), yet how this practice relates to cryptocurrency investment intention is unclear. Informed by a dual-process interpretation, this study tests belief-ba...
Accurate forecasting of systemic risk is crucial for financial stability and regulatory oversight. Traditional parametric models often fail to capture the complex, nonlinear dependence structures in financial markets, particularly during periods of d...
Moving from external treatment to internal recovery of a meat processing enterprise’s own animal by-products (ABPs) has interconnected production, economic, and environmental implications. This study develops and applies an extended sustainable...
Background and purpose: Financial ratios assess non-financial companies’ financial sustainability, but evidence on their predictive power across EU Member States remains fragmented and heterogeneous. To the authors’ knowledge, this is amo...
Listed oil palm firms combine long-lived biological and processing assets with financing needs that consolidated company ratios may not represent accurately. Using a balanced panel of 53 listed firms (19 Indonesian and 34 Malaysian) and 424 firm-year...
This paper examines whether Hang Seng Index (HSI) futures-market depth is associated with the volatility of Hong Kong’s real economy under the Linked Exchange Rate System (LERS). Using quarterly data from 2000Q1 to 2024Q4, futures-market depth...
