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Does Green Bond Issuance Help Firms Attract Institutional Investors: Evidence from China

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DOI: 10.23977/ferm.2023.060110 | Downloads: 42 | Views: 652

Author(s)

Paziliya Tuerhong 1

Affiliation(s)

1 School of Finance, Jiangxi Normal University, Nanchang, Jiangxi, 330000, China

Corresponding Author

Paziliya Tuerhong

ABSTRACT

This paper examine the influence of green bond issuance on institutional shareholdings in Chinese market. Green bonds are fixed income securities whose proceeds are earmarked to finance environmentally friendly projects. This study reveals that issuing green bond can positively affect the number of shares owned by institutional investors of issuers.

KEYWORDS

Green bond issuanc, institutional investors, sustainable development

CITE THIS PAPER

Paziliya Tuerhong, Does Green Bond Issuance Help Firms Attract Institutional Investors: Evidence from China. Financial Engineering and Risk Management (2023) Vol. 6: 66-70. DOI: http://dx.doi.org/10.23977/ferm.2023.060110.

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