294 Results Found

The existing literature has extensively examined the influences of governments, media, the public, financial institutions, and executives on corporate environmental violations, yet the role of investors remains underexplored. This study introduces th...

Faced with serious environmental problems, companies have become important participants in environmental protection efforts. By assuming environmental responsibilities and pursuing environmental protection, enterprises can create a good image, gain p...

This paper investigates how institutional investors address the double externalities of green innovation (knowledge spillovers and environmental benefits) in China’s transition economy. Methodologically, we integrate fixed-effects econometric m...

Green innovation, which promotes the coordinated development of the economy and ecology, serves as a critical means to achieve enterprises’ green transformation. Against the backdrop of the Internet era, retail investors, as an important superv...

This study builds upon existing research on institutional investors and corporate green innovation by distinguishing green investors, who prioritize environmental contribution, from general institutional investors. Drawing on the stakeholder theory a...

The growing emphasis on environmental sustainability and green finance has intensified the need for effective corporate disclosures, particularly regarding biodiversity. Despite the increasing relevance of biodiversity in global investment strategies...

Green bonds are a relatively new financial product that offers investors a variety of alternatives. However, many individuals continue to be suspicious about its long-term returns and risks. To clarify this issue, this study employed two global envir...

Green innovation plays an increasingly significant role in sustainable development. We use the data of Chinese listed firms from 2010 to 2019 to investigate the impact of investor sentiment on corporate green innovation. The result indicates that opt...

Addressing climate change, pursuing green development, and achieving high-quality development are rapidly coalescing into a global strategic consensus. Against this backdrop, this paper empirically examines the impact of green investor entry on the h...

This research investigates the dynamic spillover effects among green bond markets and the impact of investor sentiment on these spillovers. We employ different research methods, including a time-varying parameter vector autoregression, an exponential...

Drawing on a comprehensive sample of China’s A-share listed companies spanning 2007–2022, this paper provides empirical evidence on how institutional investment horizons shape corporate green innovation, with special attention to the oper...

The issuance of green bonds has been increasing since 2016 in China, and the number of papers covering the topic is growing. In previous studies on greenium, not much has been investigated from the institutional investors’ perspective. The stud...

The green bond market is attracting new issuers and a more diversified base of investors. However, the size of the green bond market remains small compared to the challenges it is meant to address and to the overall traditional bond market. This pape...

The purpose of this paper is to investigate the impact of functional, social, emotional, religious, and knowledge values on customers’ intentions to purchase green sukuk (Islamic bonds) products. This study employs the Theory of Consumption Val...

Do investors believe that firm-level (i.e., idiosyncratic) risk of green (i.e., environmentally responsible) firms is relatively lower? How does high market volatility affect the investors’ view on the firm-level risk of green firms? This paper addre...

Motivated by the growing importance of corporate sustainable development and corporate executives’ strong desire for shareholder input, this paper fulfills the research gap of corporate green innovation determinants from the view of institution...

We conducted a survey of institutional investors in Beijing and Shenzhen to analyze the factors affecting green bond (GB) investing in China, such as credit rating, GB issuer, fund use, liquidity, redemption term, certification label, and type of cur...

This study investigates the relationship between energy metals and precious metals to assess their suitability as safe haven assets in clean energy investment portfolios. This study aims to conduct an effect analysis of the events that occurred durin...

This study delves into investors’ perceptions of the polluting label attached to listed manufacturing firms, emphasizing the interplay between external political ties and internal green innovative capability in influencing these perceptions. Dr...

In this paper, we propose a linear factor model that incorporates investor preferences toward sustainability to analyze indirect effects that climate concerns may have on asset prices. Our approach is based on the relationship between environmental,...

This study is motivated by the rising global demand for sustainable development and the increasingly important role of foreign institutional investors in shaping corporate behavior in emerging markets. It aims to investigate whether and how qualified...

Financial technology is quickly developing, making the financial industry more accessible and encouraging individual investor engagement in the investing process. Generation Z, characterised by a high level of digital literacy, curiosity, and recepti...

This paper aims to examine the connectedness between green and conventional assets, particularly during the period of economic downturn. Specifically, we examine quantile-based time-varying connectedness between the green bond market and other financ...

Enterprises have emerged as primary actors in environmental protection owing to the increasingly severe global energy crisis and environmental pollution. Companies can reduce operational costs, achieve environmental social responsibility, and enhance...

Based on panel data from Chinese A-share listed companies during 2014–2023 and employing text analysis to measure Sustainable Business Model Innovation (SBMI), this study investigates how corporate ESG performance promotes SBMI. The results rev...

Amid the rapid growth of the digital economy and increasing global competition, the role of digital–intelligent technologies in enabling corporate internationalization has gained significant attention. From the perspective of “digital&nda...

Green innovation is a key driver of sustainable development, yet Chinese firms, as major innovators, still underperform in this area. While directors play a central role in corporate governance, the influence of their green backgrounds on green innov...

Achieving the transformation from “growth at the expense of the environment” to “growth through environmental protection” is an essential path for developing countries to promote sustainable economic and social development. Th...

Green transformation is becoming key for corporate sustainability in the context of global carbon neutrality goals and China’s “dual carbon” strategy (peak carbon emissions and carbon neutrality). Digital transformation, particularl...

With economic globalization, sustainable development has become the preferred choice of enterprises facing fierce competition. Innovation is the primary driving force of development. As the driving force of sustainable development, green technology i...

Based on the data of China’s A-share listed companies from 2008 to 2021, this article explores the impact and mechanism of executives with environmental experience on corporate environmental performance (CEP) and finds that executives with envi...

In the context of the global pursuit of the ‘carbon neutrality’ objective, Chinese enterprises are proactively advancing green development and low-carbon transformation. Among these efforts, climate transition risks have emerged as a cruc...

The growing concern over environmental degradation has pushed firms towards green innovation—technological progress that reduces environmental impact, especially in the manufacturing regime. In this context, appropriability, or the ability of f...

Identifying and governing enterprises’ greenwashing behavior is important for achieving green and low-carbon development. This behavior can be governed via digital transformation. Based on data from listed companies from 2013 to 2021, this arti...

Against the pressing backdrop of global climate change, various environmental issues are becoming increasingly prominent, posing unprecedented challenges to both the global economic system and business operations. Green technology innovation, as a cr...

The main objective of this paper is to examine the factors influencing investor intention to adopt robo-advisory services in Saudi Arabia, with a particular focus on sustainability and platform interface quality (PIQ) within a socio-technical framewo...

In Public–Private Partnership (PPP) projects, the structure of the Special Purpose Vehicle (SPV) significantly impacts the value enhancement of projects. This study conducted a quantitative analysis of value enhancement in green PPP projects un...

The 2012 Green Credit Guidelines (GCG) release is used as a quasi-natural experiment in this study, which employs a sample of Chinese A-share-listed businesses from 2008 to 2023. We use the difference-in-differences method to examine the impact of en...

Since investors have diverse risk motives for green investments, this paper uses data envelopment analysis (DEA) and simulation to accurately evaluate the efficiency of green portfolios from the perspective of investors’ subjective risks and accordin...

Green bonds (or climate bonds) are one of the most used sustainable investment instruments, and under the Paris Climate Agreement of 2015, the climate bond market is expected to thrive in the near future. Green bonds are gaining increasing popularity...

This study employs mainly the Bayesian DCC-MGARCH model and frequency connectedness methods to respectively examine the dynamic correlation and volatility spillover among the green bond, clean energy, and fossil fuel markets using daily data from 30...

Whether the company’s R&D expenditure has the green attribute is the focus of current environmental economics research. This paper empirically tests the relationship between R&D expenditure and CO₂ emission intensity by taking Chinese A...

Green cryptocurrencies have been recently created to reduce energy consumption and environmental pollution by adopting alternative mining practices. This paper examines for the first time the market of green cryptocurrencies for indication of herding...

Fund investment, as a type of financial investment in the capital market, is designed to attract more social capital towards the green environmental protection sector and foster a harmonious relationship between economic development, social advanceme...

In this study, we examine the critical question of whether global equity and bond assets (both green and non-green) offer effective hedging and safe haven properties against stock market risks in South Asia, with a focus on Bangladesh, India, Pakista...

This study follows Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) to examine the existing literature on the connectedness of green bonds with other markets as an attempt to highlight the effectiveness of green bonds in ri...

As the green bond market expands, an increasing number of Green Bond External Reviewers (hereafter ‘GBER’ or ‘GBERs’) have gained momentum among investors and financial regulators. A GBER enhances the credibility of green bond...

Voluntary environmental regulation is characterized by its non-compulsory nature, which gives enterprises the right to make their own choices. The wide application and high prevalence of the ISO14001 standard in China make it a representative and typ...

This paper examines the interdependence between green financial instruments, represented by green bonds and green stocks, and a set of major conventional assets, such as Treasury, investment-grade and high-yield corporate bonds, general stocks, crude...

Sub-national governments (SNGs) in developing countries have increasingly explored green municipal bonds as a financing tool, driven by promises of lower borrowing costs, enhanced reputation, and support for sustainable economic development. This stu...