Who is financing corporate green innovation?
X Xiang, C Liu, M Yang - International Review of Economics & Finance, 2022 - Elsevier
Green innovation is a major engine of economic growth in the new era. However, due to its
high risk, long cycle and double externalities, green innovation often requires long-lasting …
high risk, long cycle and double externalities, green innovation often requires long-lasting …
Corporate green bonds
C Flammer - Journal of financial economics, 2021 - Elsevier
I examine corporate green bonds, whose proceeds finance climate-friendly projects. These
bonds have become more prevalent over time, especially in industries where the …
bonds have become more prevalent over time, especially in industries where the …
Green credit and enterprise environmental and economic performance: The mediating role of eco-innovation
S Wu, X Zhou, Q Zhu - Journal of Cleaner Production, 2023 - Elsevier
In recent years, green credit has become a major policy for banking institutions to financially
support the green development of enterprises. However, there has been no consensus on …
support the green development of enterprises. However, there has been no consensus on …
Do measures of financial constraints measure financial constraints?
J Farre-Mensa, A Ljungqvist - The review of financial studies, 2016 - academic.oup.com
Financial constraints are fundamental to empirical research in finance and economics. We
propose two tests to evaluate how well measures of financial constraints actually capture …
propose two tests to evaluate how well measures of financial constraints actually capture …
Macroeconomic implications of financial imperfections: a survey
S Claessens, MA Kose - 2017 - papers.ssrn.com
This paper surveys the theoretical and empirical literature on the macroeconomic
implications of financial imperfections. It focuses on two major channels through which …
implications of financial imperfections. It focuses on two major channels through which …
Capital investment, working capital management, and firm performance: Role of managerial ability in US logistics industry
P Banerjee, SG Deb - Transportation Research Part E: Logistics and …, 2023 - Elsevier
This paper studies the interlinkage between capital investment, efficiency in working capital
management, managerial ability, and firm performance, for a sample of transportation and …
management, managerial ability, and firm performance, for a sample of transportation and …
Do corporate policies follow a life-cycle?
We examine whether corporate investment, financing, and cash policies are interdependent
and follow a predictable pattern in line with the firm life-cycle. We find that investments and …
and follow a predictable pattern in line with the firm life-cycle. We find that investments and …
Debt capacity and tests of capital structure theories
We examine the impact of explicitly incorporating a measure of debt capacity in recent tests
of competing theories of capital structure. Our main results are that if external funds are …
of competing theories of capital structure. Our main results are that if external funds are …
Macroeconomic conditions and capital structure adjustment speed
Using two dynamic partial adjustment capital structure models to estimate the impact of
several macroeconomic factors on the speed of capital structure adjustment toward target …
several macroeconomic factors on the speed of capital structure adjustment toward target …
Do firms have leverage targets? Evidence from acquisitions
J Harford, S Klasa, N Walcott - Journal of Financial Economics, 2009 - Elsevier
In the context of large acquisitions, we provide evidence on whether firms have target capital
structures. We examine how deviations from these targets affect how bidders choose to …
structures. We examine how deviations from these targets affect how bidders choose to …