All Outputs (72)

Towards sustainable agricultural development and food security in East Asia: The role of broad money and banking credits (2024)
Journal Article
Chandio, A. A., Ozdemir, D., Vigne, S. A., & Du, A. M. (online). Towards sustainable agricultural development and food security in East Asia: The role of broad money and banking credits. International Review of Economics and Finance, https://doi.org/10.1016/j.iref.2024.103677

The existing literature has extensively explored the role of financial development in boosting agricultural output. However, there is a lack of empirical research on the effects of broad money and banking credits on food production in East Asian coun... Read More about Towards sustainable agricultural development and food security in East Asia: The role of broad money and banking credits.

Influence of green ICT and socioeconomic factors on sustainable development: Evidence from Chinese provinces (2024)
Journal Article
Chishti, M. Z., Salam, M., Xaisongkham, S., & Du, A. M. (2025). Influence of green ICT and socioeconomic factors on sustainable development: Evidence from Chinese provinces. Research in International Business and Finance, 73(Part A), Article 102624. https://doi.org/10.1016/j.ribaf.2024.102624

We examine the impact of green information communication technology, while considering the conditioning role of other seminal factors. Using panel quantile-quantile granger causality testing and method of moments quantile regression for Chinese provi... Read More about Influence of green ICT and socioeconomic factors on sustainable development: Evidence from Chinese provinces.

Unlocking Funding Success for Generative AI Startups: The Crucial Role of Investor Influence (2024)
Journal Article
Siddik, A. B., Li, Y., & Du, A. M. (2024). Unlocking Funding Success for Generative AI Startups: The Crucial Role of Investor Influence. Finance Research Letters, 69(Part B), Article 106203. https://doi.org/10.1016/j.frl.2024.106203

Generative AI (GAI) is transforming industries by enabling autonomous content creation. This study explores the impact of investor and technological influences on the funding of 556 GAI startups from 2010 to July 2024. Using princip... Read More about Unlocking Funding Success for Generative AI Startups: The Crucial Role of Investor Influence.

Dynamic spillover effects and interconnectedness of DeFi assets, commodities, and Islamic stock markets during crises (2024)
Journal Article
Younis, I., Du, A. M., Gupta, H., & Ullah Shah, W. (2024). Dynamic spillover effects and interconnectedness of DeFi assets, commodities, and Islamic stock markets during crises. International Review of Financial Analysis, 96(Part A), Article 103563. https://doi.org/10.1016/j.irfa.2024.103563

Decentralized Finance (DeFi) assets, commodities, and Islamic stock market cointegration are affected by technological innovations, market dynamics, investor behavior, and crises. This study investigates the dynamics of returns and volatility for thr... Read More about Dynamic spillover effects and interconnectedness of DeFi assets, commodities, and Islamic stock markets during crises.

Towards sustainability: Examining financial, economic, and societal determinants of environmental degradation (2024)
Journal Article
El Khoury, R., Min Du, A., Nasrallah, N., Marashdeh, H., & Atayah, O. F. (2025). Towards sustainability: Examining financial, economic, and societal determinants of environmental degradation. Research in International Business and Finance, 73(Part A), Article 102557. https://doi.org/10.1016/j.ribaf.2024.102557

We examine the determinants of environmental degradation, focusing on MENA economies from 1991 to 2020, with a particular focus on the role of sectoral composition. Specifically, we assess the contributions of the industrial, manufa... Read More about Towards sustainability: Examining financial, economic, and societal determinants of environmental degradation.

How Does the Digital Economy Affect the Green Transition: The Role of Industrial Intelligence and E-Commerce (2024)
Journal Article
Huang, C., Min Du, A., & Lin, B. (2025). How Does the Digital Economy Affect the Green Transition: The Role of Industrial Intelligence and E-Commerce. Research in International Business and Finance, 73(Part A), Article 102541. https://doi.org/10.1016/j.ribaf.2024.102541

As a new economic form, the digital economy (DE) significantly impacts green development. However, the impact of the DE on green total factor productivity (GTFP) remains controversial. A two-way fixed effect model is constructed to explore the impact... Read More about How Does the Digital Economy Affect the Green Transition: The Role of Industrial Intelligence and E-Commerce.

Return and volatility connectedness between agricultural tokens and us equity sectors (2024)
Journal Article
Ali, A., Yousfi, M., Chughtai, S., & Min Du, A. (2024). Return and volatility connectedness between agricultural tokens and us equity sectors. Research in International Business and Finance, 72(Part B), 102544. https://doi.org/10.1016/j.ribaf.2024.102544

This study investigates the return and volatility interconnectedness between emerging digital assets, specifically agricultural tokens, and U.S. equity sectors using the TVP-VAR model. Analyzing data from August 7, 2020, to January 2, 2024, the findi... Read More about Return and volatility connectedness between agricultural tokens and us equity sectors.

Interplay between oil prices, country risks, and stock returns in the context of global conflict: A PVAR approach (2024)
Journal Article
Dong, Q., Du, Q., & Min Du, A. (2024). Interplay between oil prices, country risks, and stock returns in the context of global conflict: A PVAR approach. Research in International Business and Finance, 72(Part B), 102545. https://doi.org/10.1016/j.ribaf.2024.102545

Employing the panel vector autoregressive (PVAR) modeling, we analyze the interplay among oil prices, country risks, and stock returns across twenty-nine economies from February 2005 to August 2020. We find that, in the short run, rising oil prices t... Read More about Interplay between oil prices, country risks, and stock returns in the context of global conflict: A PVAR approach.

Ecological risk management: Effects of carbon risk on firm innovation investment (2024)
Journal Article
Li, F., Goodell, J. W., Du, A. M., & Yang, T. (2024). Ecological risk management: Effects of carbon risk on firm innovation investment. International Review of Financial Analysis, 95(Part B), Article 103514. https://doi.org/10.1016/j.irfa.2024.103514

We investigate the impact of carbon risk on firms' innovation investments. Using a two-way fixed-effects panel regression with a panel dataset of Chinese listed firms for 2018–2021, we find that carbon risk inhibits firms' innovation investments. We... Read More about Ecological risk management: Effects of carbon risk on firm innovation investment.

The information environment and ecological environment perspectives: Capital market openness and firm ESG rating divergence (2024)
Journal Article
Sun, Z., Du, Q., Du, A. M., Li, Z., & Yang, T. (2024). The information environment and ecological environment perspectives: Capital market openness and firm ESG rating divergence. Research in International Business and Finance, 71, Article 102475. https://doi.org/10.1016/j.ribaf.2024.102475

Amid increasing demands for green economic growth, firms must adapt their business models and development strategies. However, most of the studies on this topic focus on examining the economic consequences of differences in firms’ environmental, soci... Read More about The information environment and ecological environment perspectives: Capital market openness and firm ESG rating divergence.

The Digital Economy and Entrepreneurial Dynamics: An Empirical Analysis of Urban Regions in China (2024)
Journal Article
Wang, S., Song, Y., Du, A. M., & Liang, J. (2024). The Digital Economy and Entrepreneurial Dynamics: An Empirical Analysis of Urban Regions in China. Research in International Business and Finance, 71, Article 102459. https://doi.org/10.1016/j.ribaf.2024.102459

The economic landscape in China has evolved to what is termed a “new normal”, marked by a strategic focus on the digital economy as a lever for regional entrepreneurship. This change is considered essential for fostering shared wealth and elevating t... Read More about The Digital Economy and Entrepreneurial Dynamics: An Empirical Analysis of Urban Regions in China.

Economic vulnerabilities and sustainability in energy utilities: Managing climate change in the face of geopolitical turmoil (2024)
Journal Article
Du, Q., Xue, M., Li, Z., Du, A. M., & Yang, T. (2024). Economic vulnerabilities and sustainability in energy utilities: Managing climate change in the face of geopolitical turmoil. Research in International Business and Finance, 71, Article 102436. https://doi.org/10.1016/j.ribaf.2024.102436

This study investigates the implications of climate change on the environmental management strategies adopted by Chinese energy utility companies over the period from 2008 to 2021. The study highlights that an increase in temperatures correlates with... Read More about Economic vulnerabilities and sustainability in energy utilities: Managing climate change in the face of geopolitical turmoil.

Spillover Dynamics in DeFi, G7 Banks, and Equity Markets During Global Crises: A TVP-VAR Analysis (2024)
Journal Article
Younis, I., Gupta, H., Du, A. M., Ullah Shah, W., & Hanif, W. (2024). Spillover Dynamics in DeFi, G7 Banks, and Equity Markets During Global Crises: A TVP-VAR Analysis. Research in International Business and Finance, 70(Part B), Article 102405. https://doi.org/10.1016/j.ribaf.2024.102405

Decentralized finance (DeFi) has become of significant interest for investors in both the financial and digital sectors. We use a time-varying parameter vector autoregression (TVP-VAR) approach to estimate the static and dynamic connections between a... Read More about Spillover Dynamics in DeFi, G7 Banks, and Equity Markets During Global Crises: A TVP-VAR Analysis.

Dual carbon goals and renewable energy innovations (2024)
Journal Article
Cheng, X., Ye, K., Du, A. M., Bao, Z., & Chlomou, G. (2024). Dual carbon goals and renewable energy innovations. Research in International Business and Finance, 70(Part B), Article 102406. https://doi.org/10.1016/j.ribaf.2024.102406

We examine the impact of renewable energy technology innovation on carbon emissions within the framework of China's ‘dual carbon’ goal, focusing on the role of local (provincial) government innovation competitions and economic competition. Analyzing... Read More about Dual carbon goals and renewable energy innovations.

From black to green: Quantifying the impact of economic growth, resource management, and green technologies on CO2 emissions (2024)
Journal Article
Shahbaz, M., Patel, N., Du, A. M., & Ahmad, S. (2024). From black to green: Quantifying the impact of economic growth, resource management, and green technologies on CO2 emissions. Journal of Environmental Management, 360, Article 121091. https://doi.org/10.1016/j.jenvman.2024.121091

In an exploration of environmental concerns, this groundbreaking research delves into the relationship between GDP per capita, coal rents, forest rents, mineral rents, oil rents, natural gas rents, fossil fuels, renewables, environmental tax and envi... Read More about From black to green: Quantifying the impact of economic growth, resource management, and green technologies on CO2 emissions.

Fintech's Influence on Green Credit Provision: Empirical Evidence from China’s Listed Banking Sector (2024)
Journal Article
He, Z., Ge, F., Ban, S., Du, A. M., & Sheehan, M. (2024). Fintech's Influence on Green Credit Provision: Empirical Evidence from China’s Listed Banking Sector. Research in International Business and Finance, 70(B), Article 102394. https://doi.org/10.1016/j.ribaf.2024.102394

We explore the impact of financial technology (fintech) advancements on green credit provision, investigating publicly traded banks in China from 2007 to 2022. We particularly focus on credit modelling innovation, examining the non-linear dynamics be... Read More about Fintech's Influence on Green Credit Provision: Empirical Evidence from China’s Listed Banking Sector.

Commodity market stability and sustainable development: The effect of public health policies (2024)
Journal Article
Ding, S., Wang, A., Cui, T., Du, A. M., & Zhou, X. (2024). Commodity market stability and sustainable development: The effect of public health policies. Research in International Business and Finance, 70(Part B), Article 102386. https://doi.org/10.1016/j.ribaf.2024.102386

This study explores the influence of public health policies on commodity market volatility during public health emergencies, such as pandemics, using data from China and the US. We investigate how stringent public health measures can mitigate the eff... Read More about Commodity market stability and sustainable development: The effect of public health policies.

Impact of board diversity on Chinese firms’ cross-border M&A performance: An artificial intelligence approach (2024)
Journal Article
Ding, S., Du, M., Cui, T., Zhang, Y., & Duygun, M. (2024). Impact of board diversity on Chinese firms’ cross-border M&A performance: An artificial intelligence approach. International Review of Economics and Finance, 92, 1321-1335. https://doi.org/10.1016/j.iref.2024.02.077

In this paper, we examine the impact of board demographic characteristics on Chinese firms’ cross-border Mergers and Acquisition (M&A) performance, especially the gender diversity of the board composition. We unveil that female board proportion exhib... Read More about Impact of board diversity on Chinese firms’ cross-border M&A performance: An artificial intelligence approach.

Navigating the nexus: Geopolitical risk, fossil energy prices, and European utility stock returns - Implications for environmental management and energy security in a conflict-ridden global landscape (2024)
Journal Article
Yang, T., Fang, S., Du, A. M., & Du, Q. (2024). Navigating the nexus: Geopolitical risk, fossil energy prices, and European utility stock returns - Implications for environmental management and energy security in a conflict-ridden global landscape. Journal of Environmental Management, 352, Article 120086. https://doi.org/10.1016/j.jenvman.2024.120086

This study employs a TPV-VAR analysis method to explore the linkage between GPR, fossil energy prices, and utility stock returns across 16 European countries from August 2009 to April 2023. Our findings reveal variations over time in how GPR influenc... Read More about Navigating the nexus: Geopolitical risk, fossil energy prices, and European utility stock returns - Implications for environmental management and energy security in a conflict-ridden global landscape.

Venture capital, innovation channels, and regional resource dependence: Evidence from China (2024)
Journal Article
Du, Q., Li, Z., Du, M., & Yang, T. (2024). Venture capital, innovation channels, and regional resource dependence: Evidence from China. Journal of Environmental Management, 352, Article 120034. https://doi.org/10.1016/j.jenvman.2024.120034

Although the literature predominantly emphasises the crucial role of technological innovation in alleviating resource dependence, limited attention has been given to the pivotal role of capital in driving such innovation. As a critical factor in tech... Read More about Venture capital, innovation channels, and regional resource dependence: Evidence from China.