Green bond issuance and corporate ESG performance: the perspective of internal attention and external supervision

• Published in: Humanities & social sciences communications Vol. 10; no. 1; pp. 437 - 12
• Main Authors: Chen, Jinyu, Yang, Yan, Liu, Ran, Geng, Yuan, Ren, Xiaohang
• Format: Journal Article
• Language: English
• Published: London Palgrave Macmillan 01.12.2023; Springer Nature
• Subjects: Bond markets; Carbon; Climate change; Emissions; Environmental governance; Environmental performance; Environmental protection; False information; Financial instruments; Hypotheses; Literature reviews; Social responsibility; Stakeholders; Stock exchanges; Supervision; Sustainable development; China

Abstract Based on the staggered difference-in-difference (DID) model, this paper uses Chinese listed firms between 2012 and 2020 to investigate the impact of green bond issuance on corporate environmental, social and governance (ESG) performance. We provide evidence that green bond issuance positive...