Meng, Yijun; Fang, Xingtong; Qi, Yuanbo; Zheng, Shilin - 2022
This paper examines the relation between the level of societal trust in a region and the cost of green bonds. We … societal trust can significantly reduce the green bond spread. Further analysis shows that when the social network of the … issuer’s legal representative is more extensive, the impact of societal trust on the cost of green bonds will be weakened, as …