{"title":"国家层面的可持续性和跨境银行流动","authors":"S. B. Avci, G. Esen","doi":"10.2139/ssrn.3795642","DOIUrl":null,"url":null,"abstract":"There is a positive relationship between cross-border bank-to-nonbank flows and country-level sustainability scores. This result is consistent with the signaling theory pointing out that a country’s sustainability score is a signal to attract more international fund flows. This finding suggests public policy makers to focus more on country-level sustainability investments in order to improve financing of resident firms.","PeriodicalId":13701,"journal":{"name":"International Corporate Finance eJournal","volume":"1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2021-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"6","resultStr":"{\"title\":\"Country-Level Sustainability and Cross-Border Banking Flows\",\"authors\":\"S. B. Avci, G. Esen\",\"doi\":\"10.2139/ssrn.3795642\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"There is a positive relationship between cross-border bank-to-nonbank flows and country-level sustainability scores. This result is consistent with the signaling theory pointing out that a country’s sustainability score is a signal to attract more international fund flows. This finding suggests public policy makers to focus more on country-level sustainability investments in order to improve financing of resident firms.\",\"PeriodicalId\":13701,\"journal\":{\"name\":\"International Corporate Finance eJournal\",\"volume\":\"1 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2021-03-05\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"6\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Corporate Finance eJournal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3795642\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Corporate Finance eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3795642","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Country-Level Sustainability and Cross-Border Banking Flows
There is a positive relationship between cross-border bank-to-nonbank flows and country-level sustainability scores. This result is consistent with the signaling theory pointing out that a country’s sustainability score is a signal to attract more international fund flows. This finding suggests public policy makers to focus more on country-level sustainability investments in order to improve financing of resident firms.