Journal of Asian Economics, Год журнала: 2024, Номер 95, С. 101843 - 101843
Опубликована: Ноя. 16, 2024
Язык: Английский
Energy Economics, Год журнала: 2025, Номер unknown, С. 108311 - 108311
Опубликована: Фев. 1, 2025
Язык: Английский
Процитировано
0
Managerial and Decision Economics, Год журнала: 2025, Номер unknown
Опубликована: Март 18, 2025
ABSTRACT This study examines the impact of climate policy uncertainty (CPU) on banks' loan loss provisions. Using a sample 63 listed commercial banks in China from 2007 to 2022, we find that CPU significantly increases Banks with higher financial risk and greater exposure tend increase their provisions response CPU. effect is less pronounced for degree digital transformation, better ESG performance, green commitment, disclosing more substantial information. Our findings provide empirical evidence importance reducing by government regulators management perspective.
Язык: Английский
Процитировано
0
Journal of Environmental Planning and Management, Год журнала: 2025, Номер unknown, С. 1 - 26
Опубликована: Март 27, 2025
Язык: Английский
Процитировано
0
Managerial and Decision Economics, Год журнала: 2025, Номер unknown
Опубликована: Апрель 7, 2025
ABSTRACT The proposal of carbon neutrality has led to a significant growth in green bonds (GBs), sparking turn widespread attention on whether these are issued for genuinely objectives or greenwashing intentions. extant research not fully explored the issue concerning GBs, particularly due controversies methods identifying such practices. Following outbreak COVID‐19, global markets have seen slowdown issuance whereas China experienced surge its GB market, emerging as world's foremost issuer GBs. In light this economic reality and address gap, study draws Chinese GBs objects examines first time through lens stock mispricing (SM). results reveal that by companies significantly exacerbates SM, indicating presence Notably, is more pronounced when firms political connections with government experience low financial risks. These findings only enrich studies but also offer valuable insights investors regulators.
Язык: Английский
Процитировано
0
Qualitative Research in Financial Markets, Год журнала: 2024, Номер unknown
Опубликована: Дек. 10, 2024
Purpose The purpose of this paper is to examine the potential relationship between green finance and greenwashing rationalize resource allocation better. Additionally, it explores interconnections among various subgroups products (GFPs) identifies any overlooked or underrepresented subgroups. Design/methodology/approach This uses a mixed-method exploratory sequential design. Initially, authors collected sample 313 relevant documents. Thematic analysis hierarchical coding were then performed using NVivo software uncover correlations nodes address our research questions. word cloud was conducted assess value stakeholders as moderating variables. Following this, role reevaluated, leading selection 58 samples for separate content analysis. Findings First, there negative greenwashing. Second, observed GFPs authors’ correlation coefficient suggests that environmental, social governance funds, non-mainstream focus within GFPs, deserve further in-depth investigation. Originality/value While significant portion existing literature focuses on bonds greenwashing, noticeable gap exists regarding broader spectrum their association with lack direct connection area underexplored in literature. fills by investigating either promoting mitigating
Язык: Английский
Процитировано
3
Managerial and Decision Economics, Год журнала: 2024, Номер unknown
Опубликована: Сен. 7, 2024
Abstract This study investigates the impact of banking relationships on corporate environmental, social, and governance (ESG) performance using data from A‐share listed firms in China 2009 to 2019. Results show that negatively ESG performance. Mechanism analysis finds increase agency costs financial investment, thereby diminishing Corporate executives with backgrounds banks holding firm shares dampen performance, whereas bank do not yield significant Our also negative is mitigated by analyst attention supervisory institutional investors.
Язык: Английский
Процитировано
2
Frontiers in Marine Science, Год журнала: 2024, Номер 11
Опубликована: Авг. 26, 2024
Corporate green investment is the key driver for achieving low-carbon transition and sustainable marine economy. Existing literature has identified several influencing factors of corporate investment, but there still limited research on relationship between climate policy uncertainty investment. To fill this gap, paper innovatively explores nonlinear impact simultaneously focuses moderating role financing constraints analyzes coastal characteristic heterogeneity. Using sample listed companies in China from 2014-2020, we find that an inverted U-shaped From perspective heterogeneity, effect more significant areas. Moderating test indicates strengthen shift turning point curve to left. Additionally, further environmental performance areas through Our will provide some potential insights China’s making transformation, so as contribute development.
Язык: Английский
Процитировано
1
Journal of Asian Economics, Год журнала: 2024, Номер 95, С. 101843 - 101843
Опубликована: Ноя. 16, 2024
Язык: Английский
Процитировано
0