Information Asymmetry and Greenwashing in the Green Bond Market
Sreelekshmi Geetha,
Nisha Sheen,
Biju Ajithakumari Vijayappan Nair
Abstract:Disclosure and transparency are two critical components in the green financing sector, especially the green bond segment. Compared to green instruments like green credit, green bond issuances facilitate information dissemination and reduce information asymmetry. Still, concerns stemming from numerous macro-level and firm-level factors impede market advancement. Investors are restrained from green bond financing owing to a fear of potential greenwashing. The nascency of the market, resulting in inadequate discl… Show more
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