controlling for the market, firm, bond, and currency characteristics of the bonds. Our analyses show that if these characteristics …

Previous studies on green bonds (GBs) in China have not extensively analyzed how investor characteristics such as …

bonds makes it possible to achieve maximum hedging effectiveness between the S&P green bond (GB) and the S&P 500 ESG … green recovery in the post-COVID-19 era. Design/methodology/approach - This study utilizes Diebold and Yilmaz's (2014 …) spillover method and portfolio strategies (hedge ratio, optimal weights and hedging effectiveness) for the data starting from …

Chinese green bond market that allows a proportion of the proceeds to be used for non-green purposes. We find that greener …

, investors need a definition of green technology as well as a definition of what a green bond is. In addition to that, green … the green bond market is a political project, there is the danger of privileging green bonds in financial regulation for … achieving political goals. The emergence of a green bond bubble and the bursting of that bubble would be harmful to the …

financial or ethical motives and thus contradict classical financial theory. We draw conclusions about the green bond market …

bonds, the study finds that ESG rating confusion widens the bond spread. Data from China confirms that both primary and …Abstract: This paper investigates the impact of ESG rating confusion on bond spreads. Although confusion in ESG rating … assessments is widely recognized, its effects on the bond market are not well understood. Using a pricing model for corporate …