Drawing on the frameworks of signaling and socially responsible investment (SRI) theoretical lens, we investigate the primary market demands for green bonds (GB). Using unique information on the orderbook size of bonds issued worldwide during 2013-2022, we find that the demand for corporate GB...

This paper contributes to the equity premium prediction literature by studying the performance of rarely not researched predictors. To do so, we analyze the ability of state-of-the-art liquidity and uncertainty predictors to beat the historical average when forecasting the monthly U.S. equity...

We study share repurchase announcements for nine European countries between 2000 to 2017. In contrast to previous studies, we address the role of market uncertainty as a market-based determinant of positive average abnormal announcement returns, while including governance, liquidity risk and...