All Outputs (73)

Modeling climate policy uncertainty into cryptocurrency volatilities (2025)
Journal Article
Ding, S., Wu, X., Cui, T., Goodell, J. W., & Du, A. M. (2025). Modeling climate policy uncertainty into cryptocurrency volatilities. International Review of Financial Analysis, 102, Article 104030. https://doi.org/10.1016/j.irfa.2025.104030

Climate change is a highly controversial topic within the socioeconomic context. Climate Policy Uncertainty (CPU) arises from the process of climate policies formulation and implementation. This uncertainty impacts financial market volatilities, incl... Read More about Modeling climate policy uncertainty into cryptocurrency volatilities.

Reevaluating Intermarket Connectedness: The Impact of Monday Return Calculations on Cryptocurrencies and Traditional Assets (2025)
Journal Article
Ali, F., Du, A. M., & Majeed, M. A. (2025). Reevaluating Intermarket Connectedness: The Impact of Monday Return Calculations on Cryptocurrencies and Traditional Assets. Finance Research Letters, 77, Article 107016. https://doi.org/10.1016/j.frl.2025.107016

Cryptocurrencies trade continuously, unlike traditional assets limited to weekdays, creating challenges in calculating Monday returns. This paper investigates the impact of four benchmark closing prices—Friday, Saturday, Sunday, and a weekend average... Read More about Reevaluating Intermarket Connectedness: The Impact of Monday Return Calculations on Cryptocurrencies and Traditional Assets.

Mitigating Financing Constraints under Economic Uncertainty: The Role of Implicit Government Guarantees in China (2025)
Journal Article
Bi, S., Wei, N., Du, A. M., & Zhou, T. (online). Mitigating Financing Constraints under Economic Uncertainty: The Role of Implicit Government Guarantees in China. Research in International Business and Finance, https://doi.org/10.1016/j.ribaf.2025.102819

In the context of economic policy uncertainty (EPU), firms face significant financing constraints, especially in accessing credit. To address this, governments often provide implicit government guarantees (IGG) to alleviate these constraints. This st... Read More about Mitigating Financing Constraints under Economic Uncertainty: The Role of Implicit Government Guarantees in China.

Harnessing Artificial Intelligence for Enhanced Environmental Sustainability in China's Banking Sector: A Mixed-Methods Approach (2025)
Journal Article
Siddik, A. B., Yong, L., Du, A. M., Vigne, S. A., & Sharif, A. (online). Harnessing Artificial Intelligence for Enhanced Environmental Sustainability in China's Banking Sector: A Mixed-Methods Approach. British Journal of Management, https://doi.org/10.1111/1467-8551.12901

Amid escalating global environmental challenges, the banking sector is increasingly turning to Artificial Intelligence (AI) to enhance Environmental Sustainability Performance (ESP). Our research examines the impact of AI adoption on ESP through the... Read More about Harnessing Artificial Intelligence for Enhanced Environmental Sustainability in China's Banking Sector: A Mixed-Methods Approach.

Digital credit and insurance: Improving economic well-being for rural households (2025)
Journal Article
Zhang, J., Chen, S., Goodell, J. W., & Du, A. M. (2025). Digital credit and insurance: Improving economic well-being for rural households. International Review of Economics and Finance, 98, Article 103912. https://doi.org/10.1016/j.iref.2025.103912

The integration of digital technologies in credit and insurance services has important implications for the economic well-being of rural households. This paper utilizes cross-sectional data from a 2022 survey conducted with 476 rural households in Ch... Read More about Digital credit and insurance: Improving economic well-being for rural households.

Internal business process governance and external regulation: How does AI technology empower financial performance? (2025)
Journal Article
Cheng, X., Du, A. M., Yan, C., & Goodell, J. W. (2025). Internal business process governance and external regulation: How does AI technology empower financial performance?. International Review of Financial Analysis, 99, Article 103927. https://doi.org/10.1016/j.irfa.2025.103927

We examine the impact of artificial intelligence (AI) technology on the financial performance of financial firms, focusing on the transmission role of business process governance from the perspective of corporate governance. We examine whether there... Read More about Internal business process governance and external regulation: How does AI technology empower financial performance?.

Driving total factor productivity: The spillover effect of digitalization in the new energy supply chain (2025)
Journal Article
Zhang, A., Min Du, A., & Lin, B. (2025). Driving total factor productivity: The spillover effect of digitalization in the new energy supply chain. Research in International Business and Finance, 75, Article 102764. https://doi.org/10.1016/j.ribaf.2025.102764

Digitalization assumes a crucial role in augmenting productivity within the new energy sector. However, whether this impelling effect can permeate the entire supply chain remains to be discussed. This study delves into the spillover effect of custome... Read More about Driving total factor productivity: The spillover effect of digitalization in the new energy supply chain.

Renaissance of Climate Policy Uncertainty: The Effects of U.S. Presidential Election on Energy Markets Volatility (2025)
Journal Article
Ding, S., Wang, A., Cui, T., & Du, A. M. (2025). Renaissance of Climate Policy Uncertainty: The Effects of U.S. Presidential Election on Energy Markets Volatility. International Review of Economics and Finance, 103866, Article 98. https://doi.org/10.1016/j.iref.2025.103866

The global community has witnessed a burgeoning anxiety for accommodating the current climate changes. This heightened awareness has evoked a resurgence in the formulation and implementation of climate policies. Political events like the U.S. preside... Read More about Renaissance of Climate Policy Uncertainty: The Effects of U.S. Presidential Election on Energy Markets Volatility.

Analyzing Financial Market Reactions to the Palestine-Israel Conflict: An Event Study Perspective (2025)
Journal Article
Ijaz, M. S., Ali, S., Du, A. M., & Khurram, M. (2025). Analyzing Financial Market Reactions to the Palestine-Israel Conflict: An Event Study Perspective. International Review of Economics and Finance, 98, Article 103864. https://doi.org/10.1016/j.iref.2025.103864

e use event study methodology to examine how the Palestine-Israel Conflict affected equities, metals, energy, fiat, and crypto currencies. The findings highlight the susceptibility of the stock markets in Germany, the United Arab Emirates, Bahrain, a... Read More about Analyzing Financial Market Reactions to the Palestine-Israel Conflict: An Event Study Perspective.

How do firms respond to climate change? Evidence based on ESG performance (2025)
Journal Article
Xue, M., Lu, M., Du, A. M., & Zheng, B. (2025). How do firms respond to climate change? Evidence based on ESG performance. International Review of Economics and Finance, 98, Article 103863. https://doi.org/10.1016/j.iref.2025.103863

Climate change has become an unavoidable external force influencing firms’ operations by reshaping policy environments and raising societal expectations. As a result, firms are compelled to adopt measures to address these challenges. This study exami... Read More about How do firms respond to climate change? Evidence based on ESG performance.

Agricultural transformation: Exploring the impact of digitalization, technological innovation and climate change on food production (2025)
Journal Article
Chandio, A. A., Akram, W., Min Du, A., Ahmad, F., & Tang, X. (2025). Agricultural transformation: Exploring the impact of digitalization, technological innovation and climate change on food production. Research in International Business and Finance, 75, Article 102755. https://doi.org/10.1016/j.ribaf.2025.102755

Agricultural transformation is crucial for achieving the United Nations Sustainable Development Goals. Sustainable food production has become a key driver of this transformation, with China playing a vital role as a major global food producer. We inv... Read More about Agricultural transformation: Exploring the impact of digitalization, technological innovation and climate change on food production.

ESG stock markets and clean energy prices prediction: Insights from advanced machine learning (2024)
Journal Article
Ghallabi, F., Souissi, B., Du, A. M., & Ali, S. (2025). ESG stock markets and clean energy prices prediction: Insights from advanced machine learning. International Review of Financial Analysis, Article 103889. https://doi.org/10.1016/j.irfa.2024.103889

In the post-Paris agreement, the clean energy market has grown significantly due to its undeniable environmental sustainability. Therefore, this study aims to predict clean energy stock prices by analyzing ESG stock markets in ten countries using a b... Read More about ESG stock markets and clean energy prices prediction: Insights from advanced machine learning.

Market mechanisms for energy transition: Fossil energy price shocks and irrational renewable energy financing (2024)
Journal Article
Wang, A., Du, A. M., & Lin, B. (2025). Market mechanisms for energy transition: Fossil energy price shocks and irrational renewable energy financing. Journal of International Money and Finance, 151, 103251. https://doi.org/10.1016/j.jimonfin.2024.103251

China is taking a leading role in the renewable energy industry and is dedicated to promoting the market-based operation mechanism of the energy transition. Nearly all media attribute it to industrial policies; however, this is insufficient to explai... Read More about Market mechanisms for energy transition: Fossil energy price shocks and irrational renewable energy financing.

The Value of Being Greener: Untangling the Relationship between Environmental Investment and Firms’ Access to Trade Credit (2024)
Journal Article
Li, W., Hua, X., Boateng, A., Wang, Y., & Du, M. (online). The Value of Being Greener: Untangling the Relationship between Environmental Investment and Firms’ Access to Trade Credit. British Journal of Management, https://doi.org/10.1111/1467-8551.12883

This study investigates the relationship between corporate environmental performance, as captured by environmental investment, and firms’ access to trade credit. Using data from Chinese listed firms in heavy pollution industries, we find that corpora... Read More about The Value of Being Greener: Untangling the Relationship between Environmental Investment and Firms’ Access to Trade Credit.

Shaping triumph from within: an investigation into employee-based brand co-creation, motivation drivers and enhanced job-related organisational performance (2024)
Journal Article
Yuan, R., Chen, R., Huang, B., & Du, A. M. (online). Shaping triumph from within: an investigation into employee-based brand co-creation, motivation drivers and enhanced job-related organisational performance. Journal of Organizational Effectiveness: People and Performance, https://doi.org/10.1108/joepp-04-2024-0165

Purpose
Drawing on the co-creation literature and self-determination theory, this study takes a broader organisational perspective linking employees’ motivational antecedents (corporate brand socialization, employee brand identification and impress... Read More about Shaping triumph from within: an investigation into employee-based brand co-creation, motivation drivers and enhanced job-related organisational performance.

Fueling financial development: The crucial role of generative AI financing across nations (2024)
Journal Article
Siddik, A. B., Li, Y., Du, A. M., & Migliavacca, M. (2025). Fueling financial development: The crucial role of generative AI financing across nations. Finance Research Letters, 72, Article 106519. https://doi.org/10.1016/j.frl.2024.106519

This study examines the impact of Generative AI (GAI) financing on financial development (FD) across 21 countries using cross-sectional data from 2020 to 2022. Employing both simple linear regression and two-stage least squares (2SLS) to address endo... Read More about Fueling financial development: The crucial role of generative AI financing across nations.

Digital financial inclusion, the belt and road initiative, and the Paris agreement: Impacts on energy transition grid costs (2024)
Journal Article
Chishti, M. Z., Xia, X., Du, A. M., & Özkan, O. (2025). Digital financial inclusion, the belt and road initiative, and the Paris agreement: Impacts on energy transition grid costs. Finance Research Letters, 72, Article 106517. https://doi.org/10.1016/j.frl.2024.106517

We investigate how digital financial inclusion, the Belt and Road Initiative, and the Paris Agreement influence the energy transition grid cost. We propose two new Kendall and Spearman wavelet cross-quantile correlation methods and utilize data from... Read More about Digital financial inclusion, the belt and road initiative, and the Paris agreement: Impacts on energy transition grid costs.

Artificial intelligence as a catalyst for sustainable tourism growth and economic cycles (2024)
Journal Article
Siddik, A. B., Forid, M. S., Yong, L., Du, A. M., & Goodell, J. W. (2025). Artificial intelligence as a catalyst for sustainable tourism growth and economic cycles. Technological Forecasting and Social Change, 210, Article 123875. https://doi.org/10.1016/j.techfore.2024.123875

We investigate the role of artificial intelligence (AI) in promoting sustainable tourism growth and its implications for the next technological and economic cycle. Focusing on the top ten global tourist destinations from 2010 to 2022, we investigate... Read More about Artificial intelligence as a catalyst for sustainable tourism growth and economic cycles.

“Volatility in a Mug Cup”: Spillovers Among Cocoa, Coffee, Sugar Futures and the Role of Climate Policy Risk (2024)
Journal Article
Ge, J., Min Du, A., & Lin, B. (2025). “Volatility in a Mug Cup”: Spillovers Among Cocoa, Coffee, Sugar Futures and the Role of Climate Policy Risk. Research in International Business and Finance, 73(Part A), 102634. https://doi.org/10.1016/j.ribaf.2024.102634

Hot beverages have surged in popularity due to the increasing emphasis on healthy living among consumers. This trend extends upstream to prosper futures markets for essential raw materials within the supply chain. However, there is... Read More about “Volatility in a Mug Cup”: Spillovers Among Cocoa, Coffee, Sugar Futures and the Role of Climate Policy Risk.

Micro-mechanisms of digitalization-driven financing for renewable energy: Growing capital pools and shifting flows (2024)
Journal Article
Wang, S., Du, A. M., & Lin, B. (2025). Micro-mechanisms of digitalization-driven financing for renewable energy: Growing capital pools and shifting flows. Research in International Business and Finance, 73(Part A), Article 102633. https://doi.org/10.1016/j.ribaf.2024.102633

Recent facts from China suggest that the advancement of digitalization is altering the market expectations regarding renewable energy. Limited studies have offered evidence encompassing the stock effect of digitalization that enhanced corporate finan... Read More about Micro-mechanisms of digitalization-driven financing for renewable energy: Growing capital pools and shifting flows.