Green bonds: Shades of green and brown

Citations

Cited by:

1. Jun Lian & Xuanshun Huang & Xia Wu, 2024. "How green bonds promote firms' green collaborative innovation?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 2109-2126, May.
2. Fauß, Tobias Friedrich, 2022. "Analysis of Green Bonds," Junior Management Science (JUMS), Junior Management Science e. V., vol. 7(3), pages 668-689.
3. Kang, Sang Baum & Sinha, Satwik & Eom, Jiyong, 2025. "Green dreams, risky assets? A study of high-yield green bonds," Global Finance Journal, Elsevier, vol. 67(C).
4. Ban, Nannan & Che, Xinxin & Walker, Thomas & Zhao, Yunfei, 2025. "Does green bond issuance affect firm value? Evidence from China," Global Finance Journal, Elsevier, vol. 66(C).
5. Jankovic, Irena & Vasic, Vladimir & Kovacevic, Vlado, 2022. "Does transparency matter? Evidence from panel analysis of the EU government green bonds," Energy Economics, Elsevier, vol. 114(C).
6. Jinhui Wu & Wullianallur Raghupathi & Viju Raghupathi, 2025. "An Exploratory Study of the Association Between Green Bond Features and ESG Performance," Sustainability, MDPI, vol. 17(5), pages 1-25, February.
7. Fornari, Fabio & Pianeselli, Daniele & Zaghini, Andrea, 2026. "Environmental score and bond pricing: It better be good, it better be green," Journal of International Money and Finance, Elsevier, vol. 161(C).
   • Fornari, Fabio & Pianeselli, Daniele & Zaghini, Andrea, 2026. "Environmental score and bond pricing: it better be good, it better be green," Working Paper Series 3176, European Central Bank.
8. Fornari, Fabio & Pianeselli, Daniele & Zaghini, Andrea, 2024. "It better be good, it better be green," CFS Working Paper Series 723, Center for Financial Studies (CFS).
9. Caramichael, John & Rapp, Andreas C., 2024. "The green corporate bond issuance premium," Journal of Banking & Finance, Elsevier, vol. 162(C).
10. Sergei Grishunin & Alesya Bukreeva & Svetlana Suloeva & Ekaterina Burova, 2023. "Analysis of Yields and Their Determinants in the European Corporate Green Bond Market," Risks, MDPI, vol. 11(1), pages 1-19, January.
11. Lee, Chi-Chuan & Yu, Chin-Hsien & Zhang, Jian, 2023. "Heterogeneous dependence among cryptocurrency, green bonds, and sustainable equity: New insights from Granger-causality in quantiles analysis," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 99-109.
12. Emre Arat & Britta Hachenberg & Florian Kiesel & Dirk Schiereck, 2023. "Greenium, credit rating, and the COVID-19 pandemic," Journal of Asset Management, Palgrave Macmillan, vol. 24(7), pages 547-557, December.
    • Arat, Emre & Hachenberg, Britta & Kiesel, Florian & Schiereck, Dirk, 2023. "Greenium, credit rating and the COVID-19 pandemic," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 142300, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
13. Giuseppe Cortellini & Ida Claudia Panetta, 2021. "Green Bond: A Systematic Literature Review for Future Research Agendas," JRFM, MDPI, vol. 14(12), pages 1-29, December.
14. Ajithakumari Vijayappan Nair Biju & Snehith Jacob Kodiyatt & P. P. Nithi Krishna & Geetha Sreelekshmi, 2023. "ESG sentiments and divergent ESG scores: suggesting a framework for ESG rating," SN Business & Economics, Springer, vol. 3(12), pages 1-21, December.
15. Andreas Lichtenberger & Joao Paulo Braga & Willi Semmler, 2022. "Green Bonds for the Transition to a Low-Carbon Economy," Econometrics, MDPI, vol. 10(1), pages 1-31, March.
    • Andreas Lichtenberger & Joao Paulo Braga & Willi Semmler, 2022. "Green Bonds for the Transition to a Low-Carbon Economy," SCEPA working paper series. 2022-02, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
16. Agnese, Paolo & Giacomini, Emanuela, 2023. "Bank's funding costs: Do ESG factors really matter?," Finance Research Letters, Elsevier, vol. 51(C).
17. Koziol, Christian & Proelss, Juliane & Roßmann, Philipp & Schweizer, Denis, 2022. "The price of being green," Finance Research Letters, Elsevier, vol. 50(C).
18. Khan, Muhammad Arif & Vismara, Silvio, 2025. "Green bond issuance and corporate environmental and financial performance: A meta-analysis," International Review of Economics & Finance, Elsevier, vol. 102(C).
19. Mertzanis, Charilaos, 2023. "Energy policy diversity and green bond issuance around the world," Energy Economics, Elsevier, vol. 128(C).
20. Hu, Xin & Zhu, Bo & Lin, Renda & Li, Xiru & Zeng, Lidan & Zhou, Sitong, 2024. "How does greenness translate into greenium? Evidence from China's green bonds," Energy Economics, Elsevier, vol. 133(C).
21. Kevin Riehl & Florian Kiesel & Dirk Schiereck, 2022. "Political and Socioeconomic Factors That Determine the Financial Outcome of Successful Green Innovation," Sustainability, MDPI, vol. 14(6), pages 1-23, March.
    • Riehl, Kevin & Kiesel, Florian & Schiereck, Dirk, 2022. "Political and Socioeconomic Factors That Determine the Financial Outcome of Successful Green Innovation," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 147316, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    • Riehl, Kevin & Kiesel, Florian & Schiereck, Dirk, 2022. "Political and Socioeconomic Factors That Determine the Financial Outcome of Successful Green Innovation," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 132099, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
22. Berdiev, Urol, 2025. "What shapes greenium in bond markets? Evidence from Japan," Economic Modelling, Elsevier, vol. 151(C).
23. Yevheniia Antoniuk & Thomas Leirvik, 2021. "Climate Transition Risk and the Impact on Green Bonds," JRFM, MDPI, vol. 14(12), pages 1-19, December.
24. Berdiev, Urol, 2025. "Stock market reaction to green bond announcements: The role of firm sustainability," Finance Research Letters, Elsevier, vol. 86(PA).
25. Allahdadi, Mohammad R. & Fretheim, Torun & Vindedal, Kjetil, 2024. "Value of climate change news: A textual analysis," Global Finance Journal, Elsevier, vol. 63(C).
26. Mahdi Ghaemi Asl & Umer Shahzad, 2025. "How do conventional, Islamic and green bonds idiosyncratically differ when it comes to their inherent nonlinear reliance on carbon emission future price? A novel approach to greenwashing detection," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(9), pages 21347-21382, September.
27. Taghizadeh-Hesary, Farhad & Yoshino, Naoyuki & Rasoulinezhad, Ehsan & Rimaud, Cedric, 2021. "Power purchase agreements with incremental tariffs in local currency: An innovative green finance tool," Global Finance Journal, Elsevier, vol. 50(C).
28. Rébecca Cardot & Carole Bernard & Jamil Jaballah, 2026. "Green bonds & certification: is getting certified always optimal?," Annals of Operations Research, Springer, vol. 356(1), pages 601-628, January.
29. Fabio Fornari & Daniele Pianeselli & Andrea Zaghini, 2026. "Environmental score and bond pricing: it better be good, it better be green," Questioni di Economia e Finanza (Occasional Papers) 1002, Bank of Italy, Economic Research and International Relations Area.