Nowadays, due to the huge deterioration of the environment, not only the human beings, but also the day-to-day business environment suffers adversely. Hence, “Go Green” behavior becomes a globally accepted direction of every individual and business. “Go Green” is an earth-friendly living...

What is the impact of environmental consciousness (i.e., being green) as borrower and as lender on loan rates? We investigate this question employing an international sample of syndicated loans over the period 2011-2019. We find that green firms borrow at a signifi- cantly lower spread,...