Greenwashing and credit spread: Evidence from the Chinese green bond market

Guoquan Xu, Nuotian Lu,Yan Tong

Finance Research Letters(2022)

Cited 23|Views6
No score
Abstract
•The greenwashing risk exists in the Chinese green bond market, leading to higher credit spread.•Voluntary third-party certification helps reduce greenwashing concern.•Both trading venue and ESG performance lead to differential effects of third-party certification on green bond credit spread.
More
Translated text
Key words
Greenwashing,Credit spread,Green bond,ESG,Fixed income securities
AI Read Science
Must-Reading Tree
Example
Generate MRT to find the research sequence of this paper
Chat Paper
Summary is being generated by the instructions you defined