Spillover Effects of Corporate External Financing: The Role of Vietnamese Climate Policy and Carbon Performance DOI
Nguyễn Thị Hoa Hồng,

Truong Cam Tu,

Nguyen Danh Uy

et al.

Business Strategy & Development, Journal Year: 2025, Volume and Issue: 8(2)

Published: March 29, 2025

ABSTRACT This study examines the impact of climate policy on external financing 557 listed companies in Vietnam, along with spillover effects among firms based their carbon performance. Two key metrics, including Clean Development Mechanism (CDM) and Corporate Carbon Disclosure (CCD) are employed to evaluate performance these businesses. Utilizing a Difference‐In‐Differences (DiD) model, findings indicate that positively influences engaged CDM those demonstrating high levels CCD. Furthermore, results from Vector Autoregressions rolling windows (VAR) model reveal Vietnam interconnected benefit other participants. Similarly, CCD show strong interconnectedness mutually advantageous interactions. These provide actionable insights for businesses policymakers, highlighting importance incorporating companies' environmental into financial decisions adjustments within Vietnamese context.

Language: Английский

Spillover Effects of Corporate External Financing: The Role of Vietnamese Climate Policy and Carbon Performance DOI
Nguyễn Thị Hoa Hồng,

Truong Cam Tu,

Nguyen Danh Uy

et al.

Business Strategy & Development, Journal Year: 2025, Volume and Issue: 8(2)

Published: March 29, 2025

ABSTRACT This study examines the impact of climate policy on external financing 557 listed companies in Vietnam, along with spillover effects among firms based their carbon performance. Two key metrics, including Clean Development Mechanism (CDM) and Corporate Carbon Disclosure (CCD) are employed to evaluate performance these businesses. Utilizing a Difference‐In‐Differences (DiD) model, findings indicate that positively influences engaged CDM those demonstrating high levels CCD. Furthermore, results from Vector Autoregressions rolling windows (VAR) model reveal Vietnam interconnected benefit other participants. Similarly, CCD show strong interconnectedness mutually advantageous interactions. These provide actionable insights for businesses policymakers, highlighting importance incorporating companies' environmental into financial decisions adjustments within Vietnamese context.

Language: Английский

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