implemented by the ECB immediately after the burst of the Covid-19 pandemic. We show that the differences in aim, size and … addition to the directly targeted bonds, also the green bond segment. Via a standard difference-in-differences model we …

paper is underpinned by the mixed evidence on the existence of 'greenium', especially in corporate green bond markets; there … greenium. The results of the research lead to a better understanding of the green bond market for investors, researchers …The green bond market helps to mobilize financial sources toward sustainable investments. Green bonds are similar to …

Using an international sample of corporate Green bond issuances over the recent period, this paper highlights the … potential consequences of the issuance of a Green bond on the issuer's financial performance. Starting with a first sample of … 2079 Green bond issuances of 190 unique issuers from 2009 to 2018, we investigate only corporate green bond issuances. Our …

green bond markets. We document that greenwashing is not uncommon in global green bond markets, as some corporates are found … to have no reduction in greenhouse gas emission intensities after their initial green bond issuance. Next, we find that … costly for them to re-issue green bonds. Finally, we show that the establishment of well-defined green bond taxonomies …

This study explores the “dark side” of the corporate green bond markets. We first document that greenwashing is not … uncommon in green bond markets, as some corporates are found to have no reduction in greenhouse gas emission intensities after … their initial green bond issuance. Next, we find that to some extent, market participants are able to identify and penalise …

environments with higher regulatory intensity experience greater improvements in their ESG performance through green bond issuance …