The 75rd Issue of Journal of Corporate Finance Research Has Been Published

The third issue of 2025 features studies on digital transformation and firms’ environmental performance, the uncertainty of sustainable growth for ESG enterprises, institutional investors and firm performance in the oil and gas industry, the role of the digital economy in driving carbon neutrality, business ecosystem frameworks, the impact of foreign investment components on cash holdings, determinants of capital structure under financial turbulence, and more.

We are pleased to present the 75th issue of the Journal of Corporate Finance Research (ISSN: 2073-0438). The journal has been published since 2007 and is included in the Unified State Register of Scholarly Publications (“White List,” Level 1), the Higher Attestation Commission (VAK) list (K2, subject areas 5.2.1. Economic Theory and 5.2.4. Finance). It is indexed in the Russian Science Citation Index (RSCI) and, since the fall of 2023, in the international Scopus database.

This issue includes the following articles:

1. Tingqian Pu, Yue Li - Digital Transformation and Firm Environmental Performance: Does Managerial Overseas Experience Matter?
2. Vasiliy Belykh - Typical Uncertainty of Sustainable Growth of ESG Enterprises in a Dynamically Effective Stochastic Economy with Public Debt
3. João Victor Machado, Camila Veneo Campos Fonseca, Rodrigo Lanna Franco da Silveira, Fernando Sarti - Institutional Investors and Firm Performance: Evidence in the Oil and Gas Industry
4. Jiaqi Yan - Digital Economy Empowers Carbon Emission Reduction: The Contribution of Digital Transformation to Carbon Neutrality for Chinese Enterprises
5. Ilya Ivaninskiy, Irina Ivashkovskaya - Building a Business Ecosystem: Deriving a Framework and Testing It with Case Studies
6. Omar Ikbal Tawfik, Hamada Elsaid Elmaasrawy, Hatem Mohamed El-Shishini, Ywana Maher Lamey Badrous - The Impact of Foreign Investment Components on Cash Holdings
7. Andrei Ankudinov, Alina Akhmityanova - The Determinants of the Capital Structure of Russian Companies against the Backdrop of Financial Turbulence: Empirical Analysis Based on Panel Data
8. Ekaterina Ivanova, Svetlana Makarova - Does the External Institutional Environment Impact Corporate Capital Structure? Evidence from Emerging Economies
9. Ferhat Demirci, Semra Karacaer - Exploring the Heterogeneous Effect of Political Risk on Corporate Investment in Emerging Markets

Full texts of the articles are available here: https://cfjournal.hse.ru/issue/view/1834