{"id":"https://openalex.org/W4322766693","doi":"https://doi.org/10.1016/j.asieco.2023.101594","title":"Shadow banking activities of non-financial companies and the information content of stock prices","display_name":"Shadow banking activities of non-financial companies and the information content of stock prices","publication_year":2023,"publication_date":"2023-03-02","ids":{"openalex":"https://openalex.org/W4322766693","doi":"https://doi.org/10.1016/j.asieco.2023.101594"},"language":"en","primary_location":{"id":"doi:10.1016/j.asieco.2023.101594","doi":"https://doi.org/10.1016/j.asieco.2023.101594","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.asieco.2023.101594","pdf_url":null,"source":{"id":"https://openalex.org/S69458508","display_name":"Journal of Asian Economics","issn_l":"1049-0078","issn":["1049-0078","1873-7927"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-1"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Asian Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5045618215","display_name":"Xun Han","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I71459812","display_name":"Beijing International Studies University","ror":"https://ror.org/058s1vf87","country_code":"CN","type":"education","lineage":["https://openalex.org/I71459812"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xun Han","raw_affiliation_strings":["School of Finance, Beijing International Studies University, PR China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Finance, Beijing International Studies University, PR China","institution_ids":["https://openalex.org/I71459812"]}]},{"author_position":"middle","author":{"id":null,"display_name":"Yue Feng","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I71459812","display_name":"Beijing International Studies University","ror":"https://ror.org/058s1vf87","country_code":"CN","type":"education","lineage":["https://openalex.org/I71459812"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yue Feng","raw_affiliation_strings":["School of Finance, Beijing International Studies University, PR China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Finance, Beijing International Studies University, PR China","institution_ids":["https://openalex.org/I71459812"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5100439785","display_name":"Jianjun Li","orcid":"https://orcid.org/0000-0002-5043-3854","observed_orcids":["https://orcid.org/0000-0002-5043-3854"]},"institutions":[{"id":"https://openalex.org/I137867983","display_name":"Central University of Finance and Economics","ror":"https://ror.org/008e3hf02","country_code":"CN","type":"education","lineage":["https://openalex.org/I137867983"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jianjun Li","raw_affiliation_strings":["School of Finance, Central University of Finance and Economics, PR China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Finance, Central University of Finance and Economics, PR China","institution_ids":["https://openalex.org/I137867983"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5045618215"],"corresponding_institution_ids":["https://openalex.org/I71459812"],"apc_list":{"value":2750,"currency":"USD","value_usd":2750},"apc_paid":null,"fwci":2.6575,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.9043587,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":98},"biblio":{"volume":"85","issue":null,"first_page":"101594","last_page":"101594"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.40529999136924744,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.40529999136924744,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.391400009393692,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.05009999871253967,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/shadow-banking","display_name":"shadow banking","score":1.0},{"id":"https://openalex.org/keywords/non-financial-firms","display_name":"non-financial firms","score":0.8960000276565552},{"id":"https://openalex.org/keywords/information-content-of-stock-prices","display_name":"information content of stock prices","score":0.9089999794960022},{"id":"https://openalex.org/keywords/social-trust","display_name":"social trust","score":0.6169999837875366},{"id":"https://openalex.org/keywords/policy-uncertainty","display_name":"policy uncertainty","score":0.9980000257492065},{"id":"https://openalex.org/keywords/political-connections","display_name":"political connections","score":0.8669999837875366},{"id":"https://openalex.org/keywords/private-enterprises","display_name":"private enterprises","score":0.7319999933242798},{"id":"https://openalex.org/keywords/earnings-management","display_name":"earnings management","score":0.6869999766349792},{"id":"https://openalex.org/keywords/informed-trading","display_name":"informed trading","score":0.7170000076293945},{"id":"https://openalex.org/keywords/insider-trading","display_name":"insider trading","score":0.949999988079071},{"id":"https://openalex.org/keywords/stock-price-synchronization","display_name":"stock price synchronization","score":0.699999988079071},{"id":"https://openalex.org/keywords/capital-market-efficiency","display_name":"capital market efficiency","score":0.6790000200271606},{"id":"https://openalex.org/keywords/financial-risk","display_name":"financial risk","score":0.4950000047683716}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5864555239677429},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.5158602595329285},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.5120099186897278},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.43843507766723633},{"id":"https://openalex.org/C2778971194","wikidata":"https://www.wikidata.org/wiki/Q1664551","display_name":"Insider","level":2,"score":0.4311521351337433},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.4291342794895172},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.42149603366851807},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3878660202026367},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3641775846481323},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.asieco.2023.101594","doi":"https://doi.org/10.1016/j.asieco.2023.101594","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.asieco.2023.101594","pdf_url":null,"source":{"id":"https://openalex.org/S69458508","display_name":"Journal of Asian Economics","issn_l":"1049-0078","issn":["1049-0078","1873-7927"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-1"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Asian Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:asieco:v:85:y:2023:i:c:s1049007823000143","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S1049007823000143","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1966586504","https://openalex.org/W1976162410","https://openalex.org/W2046857068","https://openalex.org/W2113942631","https://openalex.org/W2122929240","https://openalex.org/W2509049946","https://openalex.org/W2763199793","https://openalex.org/W2912074649","https://openalex.org/W3121235414","https://openalex.org/W3121562185","https://openalex.org/W3122055684","https://openalex.org/W3122075419","https://openalex.org/W3123249515","https://openalex.org/W3123571286","https://openalex.org/W3123760756","https://openalex.org/W4230412795"],"related_works":["https://openalex.org/W4319441301","https://openalex.org/W4407200755","https://openalex.org/W7124712409","https://openalex.org/W4402949776","https://openalex.org/W4406567511","https://openalex.org/W4388807211","https://openalex.org/W4407823027","https://openalex.org/W4415079750","https://openalex.org/W4407597687","https://openalex.org/W4294663977"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2023-03-03T00:00:00"}
