Опубликована: Янв. 1, 2023
Over the past few years, green bonds have developed rapidly on China's stock market, making it world's most active bond market. Yet, little empirical research has been conducted market for in China. A problem exists significant gap, particularly with regard to C
Язык: Английский
Research in International Business and Finance, Год журнала: 2023, Номер 65, С. 101974 - 101974
Опубликована: Апрель 1, 2023
The main objective of this study is to explore how ESG disclosure effectively promotes technological innovation capabilities (TIC) and also in different industries (green vs. high-tech). Further, examine the role financing constraint (FC) relationship between TIC. We employed panel regression model, Causal step approach, Bootstrap mediation effect test, 2SLS, GMM model. used Bloomberg's score China's A-share listed companies from 2011 2019 (1); we found that has a significant with corporate indicators (OTI, STI, NSTI) play promoting TIC at levels (2) non-green (high-tech) industry more promote than green (non-high tech) (3) can by reducing level constraints, FC partial intermediary
Язык: Английский
Процитировано
102
International Review of Economics & Finance, Год журнала: 2024, Номер 92, С. 228 - 244
Опубликована: Фев. 13, 2024
Язык: Английский
Процитировано
22
Global Finance Journal, Год журнала: 2024, Номер 60, С. 100963 - 100963
Опубликована: Март 31, 2024
Язык: Английский
Процитировано
21
Business Strategy and the Environment, Год журнала: 2024, Номер 33(6), С. 5151 - 5173
Опубликована: Март 22, 2024
Abstract The green bond has emerged as an important financial instrument to advance environmentally friendly projects. While institutional investors have shown ample interest in bonds, retail lagged their adoption. This study intends examine the determinants of investors' attitude and intention toward investment, utilizing theory planned behavior fundamental model incorporating several context‐specific factors. Data from 506 Indian investors, representing majority states union territories (UTs), were collected through multi‐stage stratified random sampling. PLS‐SEM method, coupled with artificial neural network (ANN) analysis fuzzy set qualitative comparative (fsQCA), was employed test hypothesized relationships, ensure robustness outcomes, derive practical insights. findings suggest that intrinsic factors (perceived behavioral control attitude) are superior predictors intentions relative external (government policy support social influence). Further, for bonds receive favorable evaluations they should display adequate cum environmental performance. Investors' is significantly influenced by issuers' ratings willingness pay premiums. Environmental concerns perceived risk also influence albeit relatively lower strength. holds significance it offers crucial implications researchers, market participants, policymakers, regulators involved development market.
Язык: Английский
Процитировано
10
Sustainability, Год журнала: 2023, Номер 15(11), С. 8684 - 8684
Опубликована: Май 27, 2023
In modern times, many countries are committed to achieving climate neutrality and environmental sustainability. Without financial innovation green financing, switching clean energy, reducing carbon emissions, mitigating change will be impossible. The main objective of this study is obtain zero protect the environment. To analyze sustainable development pathways, research examines impact renewable energy on protection United Arab Emirates Saudi Arabia from 2010 2021. use sources, pollution, all significant elements. Innovation can help slow rate global warming by lowering emissions expanding usage sources. Green financing powerful tools for safety deterioration. acceleration growth primary driver development. Moreover, balances innovation–energy–environment–climate nexus. Similarly, finance amplifies positive effects using energy. This provides valuable insights into producing sources technology. Further possible adding more dimensions
Язык: Английский
Процитировано
20
PLoS ONE, Год журнала: 2024, Номер 19(3), С. e0301395 - e0301395
Опубликована: Март 28, 2024
Green funds play pivotal roles in driving corporate sustainable development. Utilizing data from Chinese publicly listed companies 2010 to 2021, we examine the impact of green on environmental, social, and governance (ESG) performance underlying mechanisms. The research findings claim that positively affect ESG performance. Mechanism analysis systematically demonstrates contribute elevated by alleviating financial constraints, enhancing managerial efficiency, fostering innovation. Heterogeneity further underscores effect is particularly potent with high external attention. Furthermore, also significant production capabilities economic value. This enriches micro-level evidence development furnishes substantial implications for
Язык: Английский
Процитировано
5
Finance research letters, Год журнала: 2023, Номер 61, С. 104880 - 104880
Опубликована: Дек. 20, 2023
Язык: Английский
Процитировано
9
Sustainable Development, Год журнала: 2024, Номер unknown
Опубликована: Сен. 2, 2024
Abstract This study investigates the performance of a green‐linked portfolio as safe haven and hedge against traditional assets during periods market turmoil, such COVID‐19 pandemic Russia‐Ukraine war. Utilizing dynamic conditional correlation (DCC)‐generalized autoregressive heteroscedasticity (GARCH) approach, analyzes portfolio's correlations with global like SENSEX 30, BSE ESG 100, Gold, S&P Green Bond Index, US 10‐year Treasury bonds, demonstrating its stability. [Correction added on 05 September 2024, after first online publication: In preceding sentence, word ‘asse’ was corrected to ‘assets’ in this version.] Our findings demonstrate that outperforms both individual stocks major indices well havens gold bonds. The exhibits superior risk‐adjusted returns lower volatility, particularly crisis periods. strong positive Index highlights alignment broader green market. Interestingly, 95% effectiveness, it emerged viable investment, surpassing stability uncertainties. Further, forecast matrix results VAR analysis confirm potential diversifier asset, characterized by significant returns. Additionally, SAP‐LAP framework provides clarity stakeholders safe‐haven options within markets. Moreover, while bond markets are more mature developed economies, our suggest investments emerging markets, India, offer promising avenue for investors seeking financial environmental impact. Overall, empirical evidence supporting inclusion diversified portfolios enhance risk management capture long‐term growth opportunities.
Язык: Английский
Процитировано
3
International Journal of Global Economics and Management, Год журнала: 2025, Номер 6(2), С. 77 - 84
Опубликована: Март 27, 2025
The interplay between green innovation and corporate value is critical in contemporary business research, due to environmental challenges market shifts toward sustainability. A review of 10 years studies across industries identifies three dimensions: innovation's dual role, ESG integration, regional/stakeholder factors. Key findings show enhances competitive advantage, but overinvestment risks exist. Hybrid portfolios balance creation. reconciles Porter Hypothesis with resource-based critiques, suggesting future research on longitudinal analyses digital technologies.
Язык: Английский
Процитировано
0
Humanities and Social Sciences Communications, Год журнала: 2025, Номер 12(1)
Опубликована: Апрель 5, 2025
Язык: Английский
Процитировано
0