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 …

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 …

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 …

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 …

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 …

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 …

Do corporate policies follow a life-cycle?

R Faff, WC Kwok, EJ Podolski, G Wong - Journal of Banking & Finance, 2016 - Elsevier
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 …

Debt capacity and tests of capital structure theories

ML Lemmon, JF Zender - Journal of financial and quantitative …, 2010 - cambridge.org
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 …

Macroeconomic conditions and capital structure adjustment speed

DO Cook, T Tang - Journal of corporate finance, 2010 - Elsevier
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 …

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 …