Do green bonds affect stock returns and corporate environmental performance? Evidence from China

C-Tier
Journal: Economics Letters
Year: 2023
Volume: 232
Issue: C

Authors (4)

Fan, Ruixin (not in RePEc) Xiong, Xiong (not in RePEc) Li, Youwei (University of Hull) Gao, Ya (not in RePEc)

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View Full Article View on IDEAS/RePEc

Abstract

We reveal the positive short-term stock market reaction to the announcement of green bond issuance, which does not exist for factual green bonds. For long-term performance, green bond issuance promotes corporate environmental information disclosure and attracts green investors.

Technical Details

RePEc Handle
repec:eee:ecolet:v:232:y:2023:i:c:s0165176523003476
Journal Field
General
Author Count
4
Added to Database
2026-01-25