Yeow, Kim Ee; Ng, Sin-Huei - In: Managerial Finance 47 (2021) 10, pp. 1486-1510
Purpose: As investors' expectations shift toward corporate sustainability, many corporations have jumped on the bandwagon of being “green” by issuing green bonds. However, as a recent green financing tool, little attention has been paid on the value that green bonds actually deliver. This...