Hoepner, Andreas G. F.; Oikonomou, Ioannis; Scholtens, Bert - 2014 - This version: October 2014
We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into … operating in all major industries. Our principal findings reveal that country sustainability related to both social and … of one unit in country sustainability scores is associated with an average decrease in the costs of debt by 64 basis …