Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China

This paper is focused on green bonds issued in the Chinese market from 2016 to 2020. The difference of the cost of capital for issuing green bonds is found between these issuers: commercial banks and industrial companies; State-Owned Enterprises and non-State-Owned Enterprises. The paper also finds...

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Main Author: Zhang, Hui-Jun
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2022
Online Access:https://eprints.nottingham.ac.uk/70888/
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author Zhang, Hui-Jun
author_facet Zhang, Hui-Jun
author_sort Zhang, Hui-Jun
building Nottingham Research Data Repository
collection Online Access
description This paper is focused on green bonds issued in the Chinese market from 2016 to 2020. The difference of the cost of capital for issuing green bonds is found between these issuers: commercial banks and industrial companies; State-Owned Enterprises and non-State-Owned Enterprises. The paper also finds the different cost of capital for varying degrees of green use of proceeds. According to the empirical analysis results, the suggestions about the regulation of the Chinese green bonds market are put forward.
first_indexed 2025-11-14T20:54:42Z
format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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publishDate 2022
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spelling nottingham-708882023-07-07T10:55:22Z https://eprints.nottingham.ac.uk/70888/ Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China Zhang, Hui-Jun This paper is focused on green bonds issued in the Chinese market from 2016 to 2020. The difference of the cost of capital for issuing green bonds is found between these issuers: commercial banks and industrial companies; State-Owned Enterprises and non-State-Owned Enterprises. The paper also finds the different cost of capital for varying degrees of green use of proceeds. According to the empirical analysis results, the suggestions about the regulation of the Chinese green bonds market are put forward. 2022-03-10 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/70888/1/20348531-dissertation-2021-2022.pdf Zhang, Hui-Jun (2022) Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China. [Dissertation (University of Nottingham only)]
spellingShingle Zhang, Hui-Jun
Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China
title Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China
title_full Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China
title_fullStr Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China
title_full_unstemmed Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China
title_short Issuers, Use of Proceeds, and the Cost of Capital for the Issuance of Green Bonds: evidence from the market in China
title_sort issuers, use of proceeds, and the cost of capital for the issuance of green bonds: evidence from the market in china
url https://eprints.nottingham.ac.uk/70888/