Green Finance最新文献_第2页

Does gender diversity in the audit committee influence corporate dividend policy? Evidence from French listed firms 审计委员会的性别多样性是否影响公司股息政策?来自法国上市公司的证据

IF 8.6

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023015

Sameh Halaoua, Sonia Boukattaya

引用次数: 0

Corporate social responsibility toward employees and green innovation: Exploring the link in the tourism sector 企业对员工的社会责任与绿色创新:探索旅游领域的联系

IF 8.6

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023012

Jacob Guinot, Zina Barghouti, Inmaculada Beltrán‐Martín, Ricardo Chiva

引用次数: 1

The state of the 'Prosperity' pillar by 2022: A partial ordering-based analysis of the sustainable development goals 7–11 到2022年“繁荣”支柱的状况:对可持续发展目标7-11的部分排序分析

IF 8.6

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023005

L. Carlsen

{"title":"The state of the 'Prosperity' pillar by 2022: A partial ordering-based analysis of the sustainable development goals 7–11","authors":"L. Carlsen","doi":"10.3934/gf.2023005","DOIUrl":"https://doi.org/10.3934/gf.2023005","url":null,"abstract":"Based on the data provided in the 2022 Sustainable Development Report the so-called Prosperity pillar, i.e., the Sustainable Development Goals (SDGs) 7–11 is studied to elucidate the state of compliance as well as the trends in development for the 193 countries included in the report. To the extent that data for all five SDGs were available partial ordering methodology was applied to rank the countries according to their compliance as well as their trend toward compliance. The analyses took simultaneously data for all five SDGs into account to get an overall picture of the prosperity midway through the 15 years period for the 17 UN SDGs. It was disclosed that the ten top countries, i.e., presently best comply with the prosperity goals were Denmark > Austria = Finland = Sweden = Norway > Slovenia > Germany > Portugal > Japan > Iceland, respectively. In the case of the trends, the top ten countries were found to be Germany > Netherlands > Ecuador > Bhutan = Finland = Ireland = Slovak Republic > Czech Republic = Maldives = Malta, respectively. It was further disclosed that SDG 10 (Reduced inequalities) appeared as the most important indicator for the ranking, whereas SDG 9 (Industry, innovation, and infrastructure) appeared as the least important. A similar set of analyses was carried out for country regions. The top regions both in the case of states and trends were the OECD and the high-income countries whereas the bottom of the list was the low-income countries and Africa. The study unambiguously points to SDG 10 (reduced inequalities) as the main focus for the remaining period.","PeriodicalId":41466,"journal":{"name":"Green Finance","volume":null,"pages":null},"PeriodicalIF":8.6,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70252530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Prospects of green financing in democratic societies 民主社会的绿色融资前景

IF 8.6

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023007

H. Bennink

{"title":"Prospects of green financing in democratic societies","authors":"H. Bennink","doi":"10.3934/gf.2023007","DOIUrl":"https://doi.org/10.3934/gf.2023007","url":null,"abstract":"<abstract> Financing ecological and other grand global challenges is faced with intertwined issues at both the institutional side and the public side as elements of the tragedy of the quintuple horizons. These horizons are approached from a systemic perspective, with attention on the key players involved. Starting with (system) banks, their conservative attitude is explained in terms of the iron cage theory. Next, green challenges are pictured as 'very wicked' problems, varying in moral intensity. The conflicting roles of the public as citizens and as consumers are described in terms of Kohlberg's theory of cognitive moral development. Responsibilities for future generations are clarified by distinguishing the responsibility as accountability and the responsibility as virtue. Assignments for a green future are explored from the perspective of green financing with a focus on what should be expected from the public at large in multiparty democratic societies, keeping in mind that other societies are characterized by diverting economic and political dynamics, and hence, other modes of operating1. 1 See, for instance, for China: <xref ref-type=\"bibr\" rid=\"b133\">Macaire & Naef (2022)</xref> and <xref ref-type=\"bibr\" rid=\"b128\">Liu, Wang, Zhang & Zhang (2019)</xref>. </abstract>","PeriodicalId":41466,"journal":{"name":"Green Finance","volume":null,"pages":null},"PeriodicalIF":8.6,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70252113","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Cultural context, organizational performance and Sustainable Development Goals: A pending task 文化背景、组织绩效和可持续发展目标:一个悬而未决的任务

IF 8.6

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023009

Ana J. Bellostas, C. Rio, Karen González-Álvarez, F. López-Arceiz

引用次数: 0

Sustainability, Environmental Responsibility and Innovation 可持续发展，环境责任和创新

IF 8.6

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023004

Khaldoon Albitar, K. Hussainey

引用次数: 1

Aftermarket performance of green IPOs and portfolio allocation 绿色ipo后市场表现与投资组合配置

IF 8.6

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023013

Muhammad Zubair Mumtaz, N. Yoshino

引用次数: 0

Green finance engagement: An empirical study of listed companies on Chinese main board 绿色金融参与:中国主板上市公司的实证研究

IF 8.6

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023001

Yicong Huang, Kaidong Yu, Chao-Lun Huang

引用次数: 1

Financial asset allocation and green innovation 金融资产配置与绿色创新

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023020

Jun Duan, Tingting Liu, Xiaoran Yang, Hua Yang, Yunwei Gao

{"title":"Financial asset allocation and green innovation","authors":"Jun Duan, Tingting Liu, Xiaoran Yang, Hua Yang, Yunwei Gao","doi":"10.3934/gf.2023020","DOIUrl":"https://doi.org/10.3934/gf.2023020","url":null,"abstract":"<abstract> Sustainable development is a key issue of global concern, and countries around the world are striving to promote green development. From the perspective of financial asset allocation motivation, this paper explores the impact of financial asset allocation on green innovation based on the data of A-share listed non-financial companies from 2011 to 2021. First, there is an inverted U-shaped relationship between the proportion of financial asset allocation and the green innovation of physical enterprises, that is, as the proportion of financial asset allocation increases, the green innovation output of enterprises first increases and then decreases. After robustness testing, the conclusion still holds. Second, further testing of the intermediary mechanism shows that the moderate holding of short-term financial assets by real enterprises can increase the output of green innovation by alleviating financing constraints, which is manifested as the \"reservoir\" effect. The \"crowding out\" effect plays a leading role when overallocation of financial assets reduces liquidity supply and capital expenditure, which in turn reduces green innovation output. Third, in the test of financial asset allocation preference, it is found that the short-term financial assets held by enterprises mainly play a \"reservoir\" effect, that is, they tend to be \"preventive\" motives. Holding long-term financial assets mainly exerts a \"crowding out\" effect, that is, tends to \"seek profits\" motives. Finally, there are differences in the impact of financial asset allocation on green innovation output among enterprises with different property rights, different monetary policies and different social responsibilities. </abstract>","PeriodicalId":41466,"journal":{"name":"Green Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135158319","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Financial asset allocation and green innovation 金融资产配置与绿色创新

Green Finance Pub Date : 2023-01-01 DOI: 10.3934/gf.2023021

Jun Duan, Tingting Liu, Xiaoran Yang, Hua Yang, Yunwei Gao

{"title":"Financial asset allocation and green innovation","authors":"Jun Duan, Tingting Liu, Xiaoran Yang, Hua Yang, Yunwei Gao","doi":"10.3934/gf.2023021","DOIUrl":"https://doi.org/10.3934/gf.2023021","url":null,"abstract":"<abstract> With the aim of effectively preventing and controlling systemic risk, by stimulating the advancement of the green bond market, it is significant and imperative to help investors and policymakers adopt more effective measures, which will ensure them to maximize profit. We construct VAR, DCC-GARCH and Copula-CoVaR models, and study the spillover effect between the green bond market and traditional bond market from the three perspectives of mean spillover, volatility spillover and extreme risk spillover using the data on daily closing prices of green bond market and traditional bond market indices. The research findings of this paper are as follows: (1) There are three spillover effects of mean value, volatility and extreme risk among the green bond market, corporate bond market, enterprise bond market and conventional bond market. (2) From the perspective of mean spillover between markets, only the mean spillover between the conventional bond market and the green bond market is bidirectional, and there is the profoundest impact of spillover from the green bond market to the conventional bond market. (3) As far as the volatility spillover between markets is concerned, the volatility spillover between the three traditional bond market and the green bond markets are all positive. The volatility spillover between the conventional bond market and the green bond market is the largest, which is particularly obvious in the first half of 2018 and the first half of 2020. (4) In terms of inter-market extreme risk spillover, the risk spillover between the green bond market and the traditional bond market is positive. The green bond market contributes more to the risk spillover of the enterprise bond market, and it has a time-varying risk spillover effect on the traditional bond market. </abstract>","PeriodicalId":41466,"journal":{"name":"Green Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135211076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1