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What is Impact of Green Bonds on Stock Returns about?

The document analyzes the impact of green bond issuance on stock returns and corporate environmental performance in China. It finds a positive short-term stock market reaction to green bond announcements but not for bonds with actual green projects without labels. Long-term, green bonds promote environmental disclosure and attract green investors. The study contributes by distinguishing factual green bonds and examining both short and long-term impacts in China

Author

ary2018tito

Language

EN