SHS Web Conf.
Volume 163, 20232023 8th International Conference on Social Sciences and Economic Development (ICSSED 2023)
|Number of page(s)
|Economic Trade and Financial Investment Analysis
|28 April 2023
Green Bond, Institutional Investors and Corporate Value
1 Beijing Technology and Business University, Business School, Professor, Beijing 100048, China
2 Beijing Technology and Business University, Business School, Master graduate student, Beijing 100048, China
* Corresponding author Email: firstname.lastname@example.org
Based on the data of China’s green bond market, this paper selects companies that issue green bonds in China’s A-share listed companies from 2015 to 2021 and other listed companies in the industry as research objects to explore the impact and mechanism of green bond issuance on corporate value. Through empirical analysis, it is verified that green bond issuance can enhance the corporate value of issuing enterprises, and further tests the mediating effect of institutional investors’ shareholding between green bond issuance and corporate value.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (https://creativecommons.org/licenses/by/4.0/).
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