Governance effectiveness and green bonds. An empirical evaluation
Abstrak
The study aims to assess the relationship between governance effectiveness, measured by the Worldwide Governance Indicators, and the use of green bonds worldwide. We apply panel data models with random effects and a robust linear regression model that allows us to identify the impact of the family of variables on green bonds. We found a statistically significant correlation between the quality of a government, measured as government effectiveness, and the value of green bond issuances. Thus, it is advised under New Public Governance to increase the effectiveness of their functioning, which may contribute to greater investor interest in environmental projects.
Topik & Kata Kunci
Penulis (9)
Hanna Kociemska
Sylwia Frydrych
Ewelina Szczech-Pietkiewicz
Mariusz Radło
Rafał Kasprzak
Paweł Rokita
Radosław Pietrzyk
Krzysztof Biegun
Bogusław Półtorak
Akses Cepat
- Tahun Terbit
- 2023
- Sumber Database
- DOAJ
- DOI
- 10.34659/eis.2023.85.2.561
- Akses
- Open Access ✓