The effects of environmental, social and governance disclosures and performance on firm value: A review of the literature in accounting and finance
C Brooks, I Oikonomou - The British Accounting Review, 2018 - Elsevier
This paper not only attempts to survey the burgeoning literature on environmental, social
and governance disclosures and performance and their effects on firm value, but its focus …
and governance disclosures and performance and their effects on firm value, but its focus …
ESG and financial variables: a systematic review
Purpose The growing trend in environmental, social and governance (ESG) research, along
with its relevance to the financial performance of firms, has gained a lot of attraction in …
with its relevance to the financial performance of firms, has gained a lot of attraction in …
ESG practices and the cost of debt: Evidence from EU countries
Using legitimacy and institutional theories, this study investigates whether lending
institutions reward firms in 15 EU countries for their environmental, social and governance …
institutions reward firms in 15 EU countries for their environmental, social and governance …
The green advantage: Exploring the convenience of issuing green bonds
G Gianfrate, M Peri - Journal of cleaner production, 2019 - Elsevier
The issue of how to finance the transition to a low-carbon economy in order to achieve the
Paris Agreement's goal is crucial, especially considering the enormous amount of financing …
Paris Agreement's goal is crucial, especially considering the enormous amount of financing …
The green corporate bond issuance premium
J Caramichael, AC Rapp - Journal of Banking & Finance, 2024 - Elsevier
We study a global panel of green and conventional corporate bonds to assess the borrowing
cost advantage at issuance for green bond issuers. We find that, on average, green …
cost advantage at issuance for green bond issuers. We find that, on average, green …
ESG performance and firm value: The moderating role of disclosure
A Fatemi, M Glaum, S Kaiser - Global finance journal, 2018 - Elsevier
This study investigates the effect of environmental, social, and governance (ESG) activities
and their disclosure on firm value. We find that ESG strengths increase firm value and that …
and their disclosure on firm value. We find that ESG strengths increase firm value and that …
[HTML][HTML] The pricing of green bonds: are financial institutions special?
The financial system plays a major role in the transition to a low-carbon economy. We shed
light on this analyzing recent developments in the bond and debt markets. First, we study the …
light on this analyzing recent developments in the bond and debt markets. First, we study the …
The effect of pro-environmental preferences on bond prices: Evidence from green bonds
OD Zerbib - Journal of banking & finance, 2019 - Elsevier
We use green bonds as an instrument to identify the effect of non-pecuniary motives,
specifically pro-environmental preferences, on bond market prices. We perform a matching …
specifically pro-environmental preferences, on bond market prices. We perform a matching …
The impact of social, environmental and corporate governance disclosures on firm value: Evidence from Egypt
Purpose The purpose of this paper is to examine the impact of environmental, social, and
governance (ESG) practices disclosure and firm value in the Egyptian context. This is done …
governance (ESG) practices disclosure and firm value in the Egyptian context. This is done …
How does green credit affect the financial performance of commercial banks?——evidence from China
Y Lian, J Gao, T Ye - Journal of Cleaner Production, 2022 - Elsevier
As a major component of China's green finance system, the Chinese government is
vigorously encouraging commercial banks to issue green credit. This study examines the …
vigorously encouraging commercial banks to issue green credit. This study examines the …