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This study investigates the effects of economic policy uncertainty (EPU) on green bond financing costs using Chinese green bond data from 2016-2021 and discusses the role of green finance pilot zone policies in hedging uncertainty. The results show that EPU significantly raises the financing...
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This study examines how sell-side analyst’s earnings forecast behavior are influenced by peer analysts’ forecast. Based on uncertainty management theory, we propose that observing the deviation between analysts’ forecast and peers’ forecast will enhance analysts’ perception of...
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