The choice of green bond financing instruments

Green bonds, as one of the main tools of green finance, have become an important choice of enterprises in green industries. Therefore, it has become an important theoretical and practical hot topic whether to select and what factors affect a choice to issue labeled green bonds for enterprises that m...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Xiangsheng Dou, Shuxiu Qi
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2019
Materias:
Acceso en línea:https://doaj.org/article/3c58048ed0f643da8de901f2537293f6
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai:doaj.org-article:3c58048ed0f643da8de901f2537293f6
record_format dspace
spelling oai:doaj.org-article:3c58048ed0f643da8de901f2537293f62021-12-02T16:09:30ZThe choice of green bond financing instruments2331-197510.1080/23311975.2019.1652227https://doaj.org/article/3c58048ed0f643da8de901f2537293f62019-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2019.1652227https://doaj.org/toc/2331-1975Green bonds, as one of the main tools of green finance, have become an important choice of enterprises in green industries. Therefore, it has become an important theoretical and practical hot topic whether to select and what factors affect a choice to issue labeled green bonds for enterprises that meet the standards of green bonds. This paper employs the Logit model to demonstrate the impact of policy difference on the choice of green bond financing instruments. The results indicate that the type of bonds and the purpose of raising funds are the important factors affecting enterprises to issue labeled green bonds under policy difference caused by “multi-sector supervision” on China’s bond markets. The government must make full use of these key factors to formulate relevant policies to promote the development of green bond financing market.Xiangsheng DouShuxiu QiTaylor & Francis Grouparticlegreen bondsgreen bond financingdebt financinglabeled green bondsnon-labeled green bondsBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 6, Iss 1 (2019)
institution DOAJ
collection DOAJ
language EN
topic green bonds
green bond financing
debt financing
labeled green bonds
non-labeled green bonds
Business
HF5001-6182
Management. Industrial management
HD28-70
spellingShingle green bonds
green bond financing
debt financing
labeled green bonds
non-labeled green bonds
Business
HF5001-6182
Management. Industrial management
HD28-70
Xiangsheng Dou
Shuxiu Qi
The choice of green bond financing instruments
description Green bonds, as one of the main tools of green finance, have become an important choice of enterprises in green industries. Therefore, it has become an important theoretical and practical hot topic whether to select and what factors affect a choice to issue labeled green bonds for enterprises that meet the standards of green bonds. This paper employs the Logit model to demonstrate the impact of policy difference on the choice of green bond financing instruments. The results indicate that the type of bonds and the purpose of raising funds are the important factors affecting enterprises to issue labeled green bonds under policy difference caused by “multi-sector supervision” on China’s bond markets. The government must make full use of these key factors to formulate relevant policies to promote the development of green bond financing market.
format article
author Xiangsheng Dou
Shuxiu Qi
author_facet Xiangsheng Dou
Shuxiu Qi
author_sort Xiangsheng Dou
title The choice of green bond financing instruments
title_short The choice of green bond financing instruments
title_full The choice of green bond financing instruments
title_fullStr The choice of green bond financing instruments
title_full_unstemmed The choice of green bond financing instruments
title_sort choice of green bond financing instruments
publisher Taylor & Francis Group
publishDate 2019
url https://doaj.org/article/3c58048ed0f643da8de901f2537293f6
work_keys_str_mv AT xiangshengdou thechoiceofgreenbondfinancinginstruments
AT shuxiuqi thechoiceofgreenbondfinancinginstruments
AT xiangshengdou choiceofgreenbondfinancinginstruments
AT shuxiuqi choiceofgreenbondfinancinginstruments
_version_ 1718384404325203968