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The price of frequent issuance: the value of information in the green bond market

Information asymmetry related to environmental impacts and greenwashing-related reputational risks poses a key challenge for green bond market development. Information enhancers-such as green labels, certifications, and external reviewers-help reduce information asymmetry, thereby lowering bond yiel...

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Detalles Bibliográficos
Autores principales: Hyun, Suk, Park, Donghyun, Tian, Shu
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9195399/
http://dx.doi.org/10.1007/s10644-022-09417-0