Does green technology innovation matter to the cost of equity capital?

• Published in: Research in international business and finance Vol. 62; p. 101735
• Main Authors: Elmawazini, Khaled, Chkir, Imed, Mrad, Fatma, Rjiba, Hatem
• Format: Journal Article
• Language: English
• Published: Elsevier B.V 01.12.2022
• Subjects: Cost of equity capital, Patents Citations; Green technology innovation; G1; O3; Green technology innovation; G3; Cost of equity capital, Patents Citations

Using a panel of U.S. public firms, we present the first evidence highlighting the relation between green technology innovation and cost of equity capital. Consistent with our prediction, we find that greater green technology innovation is associated with lower cost of equity capital. Our results ar...