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This paper explores the effect of a firm's reputation of being a green bond issuer on its financing costs. Using a … vis-à-vis frequent non-green bond issuing on a firm's cost of capital and credit rating. The paper argues that it is … repetitive issuance which lowers a firm's cost of capital, while the effects from first or one-time green bond issuance is the …
Persistent link: https://www.econbiz.de/10013414155
This paper explores the effect of a firm's reputation of being a green bond issuer on its financing costs. Using a … vis-à-vis frequent non-green bond issuing on a firm's cost of capital and credit rating. The paper argues that it is … repetitive issuance which lowers a firm's cost of capital, while the effects from first or one-time green bond issuance is the …
Persistent link: https://www.econbiz.de/10013411418
This paper explores the effect of a firm's reputation of being a green bond issuer on its financing costs. Using a … vis-à-vis frequent non-green bond issuing on a firm's cost of capital and credit rating. The paper argues that it is … repetitive issuance which lowers a firm's cost of capital, while the effects from first or one-time green bond issuance is the …
Persistent link: https://www.econbiz.de/10013414468
model to demonstrate the impact of policy difference on the choice of green bond financing instruments. The results indicate … green bonds under policy difference caused by “multi-sector supervision” on China’s bond markets. The government must make … full use of these key factors to formulate relevant policies to promote the development of green bond financing market. …
Persistent link: https://www.econbiz.de/10012115793
Persistent link: https://www.econbiz.de/10014576150
Persistent link: https://www.econbiz.de/10013268038
This chapter addresses debt-based investing as a driver for global sustainability. Loans, bonds, and other forms of … and sustainability bonds, enable issuers to use the proceeds from their sale to finance projects, assets, or business …, indices, and assurance practices and government-based regulatory frameworks in the green bond market. To prevent greenwashing …
Persistent link: https://www.econbiz.de/10014106385
Persistent link: https://www.econbiz.de/10014266657
Persistent link: https://www.econbiz.de/10012653278
We build a model of investment and financing decisions to study the choice between bonds and bank loans in a firm's marginal financing decision and its effects on corporate investment. We show that firms with more growth options, higher bargaining power in default, operating in more competitive...
Persistent link: https://www.econbiz.de/10010258730