International Finance and Business: Risks, Economics, and Emerging Perspectives

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Business and Entrepreneurship".

Deadline for manuscript submissions: 31 July 2027 | Viewed by 2095

Special Issue Editors


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Guest Editor
College of Business, Empire State University, Saratoga Spring, NY 12866, USA
Interests: international business; international marketing; consumer behavior; sustainability

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Guest Editor

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Guest Editor
Faculty of Economic and Administrative Sciences, Administration Institute, Universidad Austral de Chile, Independencia 631, Valdivia 5110566, Chile
Interests: consumer behavior; information systems
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
Facultad de Mercadotecnia, Universidad Popular Autónoma de Puebla, Puebla 72410, Mexico
Interests: sustainable marketing; digital marketing and consumer behavior
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Special Issue Information

Dear Colleagues,

The landscape of international business and finance has become increasingly complex, shaped by globalization, technological disruption, sustainability imperatives, and geopolitical uncertainty. These forces are transforming how firms design strategies, manage risk, and respond to evolving stakeholder expectations across global markets. In this environment, international business and finance scholarship must pay closer attention to the financial mechanisms and risk-governance foundations that enable cross-border exchange, including payment and settlement infrastructures, foreign exchange exposure, country risk, and regulatory and institutional safeguards, particularly in and involving emerging economies.

This Special Issue of the Journal of Risk and Financial Management seeks to advance theoretical and empirical knowledge at the intersection of international finance, risk, and global strategy. We invite contributions that examine how firms and markets navigate volatile institutional environments, manage cross-border financial risks, and address mounting pressures for sustainable and ethical practices. Submissions may consider topics such as cross-border payments and settlement, FX and liquidity risk management, sovereign and country risk, financial regulation and compliance, sustainable finance and ESG-related risk, trade finance and supply-chain finance, fintech and digital globalization, and the growing influence of emerging economies in global markets. We also welcome work linking international marketing and consumer behavior to finance- and risk-centered mechanisms (e.g., transaction risk, trust, and country credibility cues in cross-border digital commerce).

We welcome conceptual, empirical, and methodological papers, as well as interdisciplinary perspectives that bridge business, marketing, economics, finance, management, and related fields. By bringing together diverse contributions, this Special Issue aims to generate deeper insights into international markets in an era defined by volatility, uncertainty, complexity, and opportunity.

Dr. Luis J. Camacho
Prof. Dr. Patricio E. Ramirez-Correa
Dr. Cristian Salazar-Concha
Dr. Jessica Müller-Pérez
Guest Editors

Manuscript Submission Information

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Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • international finance
  • international business
  • cross-border payments
  • payment and settlement infrastructure
  • foreign exchange risk
  • liquidity risk
  • country risk
  • risk governance
  • financial regulation and compliance
  • sustainable finance
  • ESG risk
  • fintech and digital globalization

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Published Papers (1 paper)

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Research

27 pages, 827 KB  
Article
Cross-Border Digital Commerce as Retail International Finance: Trustworthiness, Country-of-Origin Signals, and Online Purchase Intention in a High-Risk Emerging Market
by Luis José Camacho, Patricio E. Ramírez-Correa, Cristian Salazar-Concha, José López-Martínez, Jessica Müller and María Claudia Lovegrove
J. Risk Financial Manag. 2026, 19(3), 163; https://doi.org/10.3390/jrfm19030163 - 24 Feb 2026
Viewed by 1543
Abstract
As cross-border e-commerce expands in emerging economies, consumer participation increasingly depends on perceived transaction risk linked to digital payments, settlement, dispute resolution, and institutional enforceability. This study reconceptualizes online purchase intention (OPI) as a decision embedded in retail international finance. Extending the Theory [...] Read more.
As cross-border e-commerce expands in emerging economies, consumer participation increasingly depends on perceived transaction risk linked to digital payments, settlement, dispute resolution, and institutional enforceability. This study reconceptualizes online purchase intention (OPI) as a decision embedded in retail international finance. Extending the Theory of Planned Behavior (TPB), it integrates Internet Trustworthiness Behavior (ITB) and Country of Origin (COO) as risk-relevant signals shaping consumer judgment under cross-border uncertainty. Survey data from 390 digitally active consumers in the Dominican Republic were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results indicate that ITB strengthens perceived behavioral control, attitudes toward online purchasing, and subjective norms, while also exerting a direct positive effect on OPI. COO emerges as a strong direct predictor of OPI, functioning as a heuristic indicator of country credibility when formal safeguards appear weak. Contrary to standard TPB expectations, perceived behavioral control negatively predicts OPI, suggesting that greater digital competence may heighten awareness of expected losses and limited recourse in high-risk environments. The findings advance international business and finance research by showing how micro-level trust practices and macro-level country signals jointly shape consumer risk management in cross-border digital markets, with implications for inclusive participation and consumer protection. Full article
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