Research in International Business and Finance最新文献_第10页

On the different impact of local and national sources of policy uncertainty on sectoral stock volatility 地方和国家政策不确定性对行业股票波动的不同影响

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-27 DOI: 10.1016/j.ribaf.2024.102539

Nazmie Sabani, Stephan Bales, Hans-Peter Burghof

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引用次数: 0

How does the digital economy affect the green transition: The role of industrial intelligence and E-commerce 数字经济如何影响绿色转型：工业智能和电子商务的作用

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-27 DOI: 10.1016/j.ribaf.2024.102541

Chenchen Huang , Anna Min Du , Boqiang Lin

引用次数: 0

FinTech and economic readiness: Institutional navigation amid climate risks 金融科技与经济准备：气候风险中的机构导航

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-26 DOI: 10.1016/j.ribaf.2024.102543

Shajara Ul-Durar , Yassine Bakkar , Noman Arshed , Shabana Naveed , Beifan Zhang

{"title":"FinTech and economic readiness: Institutional navigation amid climate risks","authors":"Shajara Ul-Durar , Yassine Bakkar , Noman Arshed , Shabana Naveed , Beifan Zhang","doi":"10.1016/j.ribaf.2024.102543","DOIUrl":"10.1016/j.ribaf.2024.102543","url":null,"abstract":"<div><p>The current climate change is declared as a global boiling point by the UN; businesses are facing increasing costs in maintaining their supply chains and production standards and are being urged to adapt and innovate for environmental transition. With the Industrial Revolution 4.0, FinTech has helped develop households’ and firms’ resilience against climate change. This study explores how businesses use FinTech to increase economic readiness to attract adaptation investments. This study hypothesizes that, at initial levels of businesses, FinTech adoptions are typically targeted to improve profitability while, as businesses mature, their FinTech adoption shows a transition towards sustainability. Following this, the role of institutions in regulating an ecosystem is to promote sustainable financial innovations. This study employs a 114-country panel data analysis to investigate these dynamics empirically. The estimation using Panel Quantile Regression showed that institutional quality can moderate the U-shaped FinTech adoption and business readiness relationship to expedite the transition under Sustainable Development Goal 9. This research sheds light on the impact of institutional quality on improving businesses’ ability to attract adaptation investments via promoting sustainable innovation. Outcomes offer valuable insights for policymakers, firms, and investors seeking to foster a more resilient economy.</p></div>","PeriodicalId":51430,"journal":{"name":"Research in International Business and Finance","volume":"73 ","pages":"Article 102543"},"PeriodicalIF":6.3,"publicationDate":"2024-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0275531924003362/pdfft?md5=f6461c0ca2bc952d9b661bdb2600a851&pid=1-s2.0-S0275531924003362-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142117690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The audit committee’s IT expertise and its impact on the disclosure of cybersecurity risk 审计委员会的 IT 专业知识及其对网络安全风险披露的影响

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-24 DOI: 10.1016/j.ribaf.2024.102542

Zheng Guohong , Xia Zhongwei , He Feng , Xiao Zhongyi

引用次数: 0

Metaverse and financial markets: A quantile-time-frequency connectedness analysis Metaverse 和金融市场：量化时间频率关联性分析

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-24 DOI: 10.1016/j.ribaf.2024.102527

Ahmet Faruk Aysan , Jonathan Batten , Giray Gozgor , Rabeh Khalfaoui , Zhamal Nanaeva

{"title":"Metaverse and financial markets: A quantile-time-frequency connectedness analysis","authors":"Ahmet Faruk Aysan , Jonathan Batten , Giray Gozgor , Rabeh Khalfaoui , Zhamal Nanaeva","doi":"10.1016/j.ribaf.2024.102527","DOIUrl":"10.1016/j.ribaf.2024.102527","url":null,"abstract":"<div><p>Amidst increasing interest from investors and scholars in the emerging Metaverse market, this paper marks a pioneering attempt to investigate the volatility connections between the Metaverse stock index and traditional financial markets such as Gold, Crude Oil, the Volatility Index, Bitcoin, and the Nasdaq. Utilizing a novel Quantile Vector Autoregressive (QVAR) model, the study assesses the transmission of shocks between the Metaverse market and its counterparts during bearish, normal, and bullish market conditions. The results highlight a significant increase in connectivity during extreme conditions compared to median levels. Notably, the Nasdaq emerges as a principal volatility transmitter to the Metaverse index, while Bitcoin shows minimal influence, suggesting that technological innovations, rather than cryptocurrencies, predominantly drive the Metaverse market. This investigation provides valuable insights for investors and policymakers, considering the nascent stage of Metaverse-related empirical research.</p></div>","PeriodicalId":51430,"journal":{"name":"Research in International Business and Finance","volume":"72 ","pages":"Article 102527"},"PeriodicalIF":6.3,"publicationDate":"2024-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0275531924003209/pdfft?md5=25334165d22365c7ff7e89d34d0a1a8d&pid=1-s2.0-S0275531924003209-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142086768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development 银行平台发展带来的包容性与脆弱性的对立统一

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-24 DOI: 10.1016/j.ribaf.2024.102536

Piotr Łasak, Sławomir Wyciślak

{"title":"The dichotomy of inclusiveness and vulnerability as a consequence of banking platform development","authors":"Piotr Łasak, Sławomir Wyciślak","doi":"10.1016/j.ribaf.2024.102536","DOIUrl":"10.1016/j.ribaf.2024.102536","url":null,"abstract":"<div><p>The processes of digitalization transform the current banking sectors. Digitalization and the increasing role of FinTech are driving the platformization of banking services, affecting the participants involved in their development and operation. This article examines the relationship between capturing value by different banking platforms' participants and the process of their inclusivity and associated vulnerability. The conflict of basic goals is analyzed through the lens of Paradox Theory. Our contribution is a theoretical model that helps understand how the banking platform's inclusiveness leads to value co-creation while introducing vulnerabilities. The governance structure is essential for the context of value co-creation in banking platforms. The model of governance defines the relations between different platform co-creators and their inclusiveness in a particular model. This research refers to the European Union financial market. The motivation for this focus is the regulatory solutions, embracing open banking and open finance. Understanding these dynamics is essential for shaping future policies and ensuring the sustainable development of banking platforms.</p></div>","PeriodicalId":51430,"journal":{"name":"Research in International Business and Finance","volume":"72 ","pages":"Article 102536"},"PeriodicalIF":6.3,"publicationDate":"2024-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0275531924003295/pdfft?md5=10e11837409743b849ea39412631920d&pid=1-s2.0-S0275531924003295-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142084008","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The role of institutional quality in the nexus between green financing and sustainable development 机构质量在绿色融资与可持续发展之间关系中的作用

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-22 DOI: 10.1016/j.ribaf.2024.102531

Xialing Sun , Zheng Meng , Xuchao Zhang , Jiaxi Wu

引用次数: 0

Impact of corporate philanthropy on firm performance: The moderating role of board structure 企业慈善事业对公司业绩的影响：董事会结构的调节作用

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-22 DOI: 10.1016/j.ribaf.2024.102535

Limeng Ying , Jiaming Zhang , Junyi Zhu , Yufei Gan

引用次数: 0

Exploring the Spillover effects of tail risk fluctuations in the RMB exchange rate—The time-frequency and quantile connectivity perspective 探索人民币汇率尾部风险波动的溢出效应--时频与量子连接视角

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-22 DOI: 10.1016/j.ribaf.2024.102534

Zhigang Huang , Weilan Zhang

{"title":"Exploring the Spillover effects of tail risk fluctuations in the RMB exchange rate—The time-frequency and quantile connectivity perspective","authors":"Zhigang Huang , Weilan Zhang","doi":"10.1016/j.ribaf.2024.102534","DOIUrl":"10.1016/j.ribaf.2024.102534","url":null,"abstract":"<div><p>This study constructs spillover indices from a volatility spillover network perspective using the Quantile Vector Autoregression (QVAR) model, capturing the RMB exchange rate's tail risk and time-frequency effects across varying shock sizes. Empirical results show that the QVAR-based spillover index more effectively captures the tail risk spillover effects across different quantiles. In the time domain, spillovers between RMB exchange rates are dynamic and particularly sensitive to extreme contingencies. In the frequency domain, RMB exchange rates demonstrate significant spillovers, primarily at low frequencies. During extreme upward events, dynamic observations show high-frequency spillovers surpassing low-frequency ones as dominant drivers in the tail spillovers of the RMB exchange rate. Additionally, the analysis of tail dependence indicators indicates a strong asymmetry in RMB exchange rate correlations, emphasizing market participants' heightened sensitivity to unfavorable shocks. These findings can serve as a reference for policymakers to strengthen risk management of the RMB exchange rate.</p></div>","PeriodicalId":51430,"journal":{"name":"Research in International Business and Finance","volume":"72 ","pages":"Article 102534"},"PeriodicalIF":6.3,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142086769","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Actively managed equity mutual funds in emerging markets 新兴市场的主动管理型股票共同基金

IF 6.3 2区经济学

Research in International Business and Finance Pub Date : 2024-08-22 DOI: 10.1016/j.ribaf.2024.102540

Michael González , José Gabriel Astaíza-Gómez , Javier Pantoja

引用次数: 0