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