Short Debt Maturity and Corporate Investment: New Evidence from Chinese Listed Firms

Wang, Zhixiao; Wang, Qin; Xu, Mingli

doi:10.1080/1540496x.2021.1991788

Cited by 7 publications

(4 citation statements)

References 58 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Additionally, instead of considering a single green financial instrument, a few scholars established evaluation indicators from the perspective of overall green financial system. They empirically investigate the path mechanism of green finance development affecting green enterprise investment, and the similar conclusions as the research on the mechanism of green credit are taken [31,32].…”

Section: Related Workmentioning

confidence: 90%

The Impact of the COVID-19 Pandemic on Green Finance and Carbon Dioxide Emissions: Empirical Evidence from China

Chen¹,

Cai²,

Tian³

et al. 2023

Preprint

View full text Add to dashboard Cite

The Chinese government has expressed great confidence in the role of green finance in fulfilling its carbon neutrality commitment. However, the effectiveness of green finance, especially under the impact of emergencies such as the COVID-19 pandemic scenario, requires further examination. Using data from 2000 to 2020 in China, the correlation between green finance and carbon dioxide (CO2) emissions has been analyzed, both in BaU scenario and the COVID-19 scenario. The following conclusions were drawn: (1) In BaU scenario, green finance can effectively reduce CO2 emissions, especially through government green expenditure and green credit; (2) In COVID-19 scenario, although there is no direct relationship between the pandemic and carbon emissions, the data shows that the pandemic has hindered the progress of green finance, weakened its ability to curb carbon emissions, and indirectly led to an increase in carbon emissions. This study not only clarifies the mechanism by which the COVID-19 pandemic affects carbon emissions through the green finance system but also addresses the common problem of data scarcity in green finance research.

show abstract

Section: Related Workmentioning

confidence: 90%

The Impact of the COVID-19 Pandemic on Green Finance and Carbon Dioxide Emissions: Empirical Evidence from China

Chen¹,

Cai²,

Tian³

et al. 2023

Preprint

View full text Add to dashboard Cite

show abstract

“…On the other hand, scholars are committed to exploring effective methods and strategies to reduce corporate agency costs. For example, Wang et al (2020) studied the relationship between entrepreneurial family governance structure and agency costs, and proposed the advantages and disadvantages of family businesses [6]; Chen et al (2018) discussed corporate social responsibility and information disclosure. An effective way to reduce agency costs [7].…”

Section: Literature Review and Theoretical Hypothesismentioning

confidence: 99%

Female CEOs and corporate agency costs——Microscopic evidence based on panel data of Chinese listed companies

Gui

2023

EHSS

View full text Add to dashboard Cite

Improving the status of women in the workplace and encouraging outstanding women to enter the board of directors, board of supervisors and management of enterprises has become a hot topic of concern in the new era. Based on the panel data of A-share listed companies in Shanghai and Shenzhen stock markets, this paper explores the impact of female CEOs on corporate agency costs from the perspective of high-level corporate theory, and examines the effects of female CEOs, female directors, and female general managers on the first and second types of agency. cost impact mechanism. The research results show that female CEOs can significantly reduce corporate agency costs; and the internal control quality of companies that appoint female CEOs is higher, and female managers are more capable, which has a more significant effect on reducing corporate agency costs. The conclusion of the article expands the research on female CEOs and corporate agency costs, and provides policy implications for how companies and society can further promote gender equality and grasp the capabilities of female talents.

show abstract

“…Whether the output brought by innovation can exceed the R&D investment is a question worth thinking about. The long-term return of green projects depends on long-term financial support (Wang et al, 2019). The GCP restricts bank credit for heavily polluting companies, especially in long-term credit.…”

Section: Research On the Mechanism Of Gcp On The Transformation And U...mentioning

confidence: 99%

On the Impact of Green Credit Policy on the Transformation and Upgrading of Heavy Polluting Enterprises in China

Ye,

Jiang,

2023

SJT

View full text Add to dashboard Cite

It is of great significance for China to understand how to use financial policies to promote the achievement of the dual carbon goal. This project will be carried out under the background of double carbon. The goal is to explore the impact of China's green credit policy on the transformation and upgrading of heavily polluting enterprises. This study will use the data of China's listed heavily polluting enterprises from 2008 to 2015, and use the "Green Credit Guidelines" issued in 2012 as the target policy, and use the difference-in-differences (DID) method to evaluate the policy effect. Based on the research conclusions, effective policy recommendations are proposed to provide some reference for the revision of China's green credit policy in the future.

show abstract

Short Debt Maturity and Corporate Investment: New Evidence from Chinese Listed Firms

Cited by 7 publications

References 58 publications

The Impact of the COVID-19 Pandemic on Green Finance and Carbon Dioxide Emissions: Empirical Evidence from China

The Impact of the COVID-19 Pandemic on Green Finance and Carbon Dioxide Emissions: Empirical Evidence from China

Female CEOs and corporate agency costs——Microscopic evidence based on panel data of Chinese listed companies

On the Impact of Green Credit Policy on the Transformation and Upgrading of Heavy Polluting Enterprises in China

Contact Info

Product

Resources

About