Do green bond issuers suffer from financial constraints?

نویسندگان

چکیده

We find that green bond issuers are more financially constrained. use three measures of financial constraint, which the FCP index, SA and Altman’s Z score. test link between issuance constraints using difference in means, regression analyses a matching procedure. finally document these increase after first issuance.

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ژورنال

عنوان ژورنال: Applied Economics Letters

سال: 2022

ISSN: ['1350-4851', '1466-4291']

DOI: https://doi.org/10.1080/13504851.2022.2083559