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The effect of issuance documentation disclosure and readability on liquidity: Evidence from green bonds

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  • Souad Lajili Jarjir

    (IRG - Institut de Recherche en Gestion - UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12 - Université Gustave Eiffel)

  • Martin Lebelle
  • Syrine Sassi

Abstract

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Suggested Citation

  • Souad Lajili Jarjir & Martin Lebelle & Syrine Sassi, 2022. "The effect of issuance documentation disclosure and readability on liquidity: Evidence from green bonds," Post-Print hal-03428710, HAL.
    • Handle: RePEc:hal:journl:hal-03428710
    DOI: 10.1016/j.gfj.2021.100678
    Note: View the original document on HAL open archive server: https://hal.science/hal-03428710
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    References listed on IDEAS

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    7. Beyer, Anne & Cohen, Daniel A. & Lys, Thomas Z. & Walther, Beverly R., 2010. "The financial reporting environment: Review of the recent literature," Journal of Accounting and Economics, Elsevier, vol. 50(2-3), pages 296-343, December.
    8. Li, Feng, 2008. "Annual report readability, current earnings, and earnings persistence," Journal of Accounting and Economics, Elsevier, vol. 45(2-3), pages 221-247, August.
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    12. Hachenberg, B. & Schiereck, D., 2018. "Are green bonds priced differently from conventional bonds?," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 109709, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
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    14. Dick-Nielsen, Jens & Feldhütter, Peter & Lando, David, 2012. "Corporate bond liquidity before and after the onset of the subprime crisis," Journal of Financial Economics, Elsevier, vol. 103(3), pages 471-492.
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    23. Chris Downing & Frank Zhang, 2004. "Trading Activity and Price Volatility in the Municipal Bond Market," Journal of Finance, American Finance Association, vol. 59(2), pages 899-931, April.
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    Cited by:

    1. Huang, Zishan & Zhu, Huiming & Hau, Liya & Deng, Xi, 2023. "Time-frequency co-movement and network connectedness between green bond and financial asset markets: Evidence from multiscale TVP-VAR analysis," The North American Journal of Economics and Finance, Elsevier, vol. 67(C).
    2. Baldi, Francesco & Pandimiglio, Alessandro, 2022. "The role of ESG scoring and greenwashing risk in explaining the yields of green bonds: A conceptual framework and an econometric analysis," Global Finance Journal, Elsevier, vol. 52(C).

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