Short and Long Effects of Green Bonds

Authors

  • Xinnan Xing
  • An Feng

DOI:

https://doi.org/10.54097/fbem.v6i2.3030

Keywords:

Green bond, Economic benefit, Environmental protection.

Abstract

Corporate green bond has been increasingly prevalent over time as a symbol of environment-friendly projects and companies’ environmental awareness. Using data of public corporate in and analyzing them, we found that stock prices have a positive relationship with issuance of green bond in the short term and in the long run companies who issued green bonds conduct better performances towards environment.

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References

Flammer, Caroline. “Corporate Green Bonds.” Journal of Financial Economics, vol. 142, no. 2, Jan. 2021, 10.1016/j.jfineco.2021.01.010. DOI: https://doi.org/10.1016/j.jfineco.2021.01.010

Pedersen, Anders, and Jonathan Thun. Stock Market Reaction to Green Bond Announcements. Dec. 2019.

Thune, Kent. “Green Bonds: What They Are & How They Work.” Seekingalpha.com, 27 June 2022, seekingalpha.com.

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Published

23-11-2022

Issue

Section

Articles

How to Cite

Xing, X., & Feng, A. (2022). Short and Long Effects of Green Bonds. Frontiers in Business, Economics and Management, 6(2), 212-215. https://doi.org/10.54097/fbem.v6i2.3030