Green finance policy, ESG rating, and cost of debt——Evidence from China

Citations

Cited by:

1. Zhang, Hua & Lai, Jie, 2024. "Greening through ESG: Do ESG ratings improve corporate environmental performance in China?," International Review of Economics & Finance, Elsevier, vol. 96(PC).
2. Zheng, Guohong & He, Feng & Xiao, Zhongyi & Han, Wei, 2025. "Chinese corporate governance research over the last decade (2014 - 2023)," International Review of Financial Analysis, Elsevier, vol. 97(C).
3. Cheng, Yuhao & He, Chuqian & Tang, Can, 2025. "The impact of ESG performance on corporate debt costs: A signaling perspective," Finance Research Letters, Elsevier, vol. 76(C).
4. Wang, Qing Sophie & Chen, Lihan & Lai, Shaojie & Anderson, Hamish D., 2024. "Judicial reform and corporate cash holdings: Evidence from the establishment of circuit courts in China," Journal of Behavioral and Experimental Finance, Elsevier, vol. 43(C).
5. Hao, Xiaoli & Sun, Qingyu & Li, Ke & Li, Peilun & Wu, Haitao, 2024. "Does environmental decentralisation improve ESG performance? Evidence from listed companies in China," Energy Economics, Elsevier, vol. 139(C).
6. Zhang, Yingying & Wang, Xinpeng & Feng, Nianqiao, 2024. "The path of green finance to promote the realization of low-carbon economic transformation under the carbon peaking and carbon neutrality goals: Theoretical model and empirical analysis," International Review of Financial Analysis, Elsevier, vol. 94(C).
7. Wang, Yaxian & Wang, Xiaoyu & Baležentis, Tomas & Chi, Yuanying & Streimikiene, Dalia, 2025. "Corrigendum to ‘Disentangling the effects of green finance in reducing CO2 emission from energy systems: Evidence from a novel factor decomposition mechanism’ [EAP Vol 85, March 2025, Pages 1721–1738]," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 1966-1966.
   • Wang, Yaxian & Wang, Xiaoyu & Baležentis, Tomas & Chi, Yuanying & Streimikiene, Dalia, 2025. "Disentangling the effects of green finance in reducing CO2 emission from energy systems: Evidence from a novel factor decomposition mechanism," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 1721-1738.
8. Xu, Bin & Lin, Boqiang, 2025. "How does green credit effectively promote green technology innovation?," International Review of Financial Analysis, Elsevier, vol. 102(C).
9. Li, Yujie & Hua, Ziyan, 2024. "Environmental protection tax law and corporate ESG performance," Finance Research Letters, Elsevier, vol. 64(C).
10. Dong, Xiaotian & Wang, Kai-Hua & Tao, Ran & Sorana, Vătavu & Moldovan, Nicoleta-Claudia, 2024. "Is there a relationship between climate policy uncertainty and green finance? Evidence from bootstrap rolling window test," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 277-289.
11. Ma, Zongguo & Ding, Chenhui & Wang, Xu & Huang, Qiaozhi, 2025. "Carbon emission reduction development, digital economy, and green transformation of China's manufacturing industry," International Review of Financial Analysis, Elsevier, vol. 102(C).
12. Wang, Huizong & Hao, Yulong & Fu, Qiang, 2024. "Data factor agglomeration and urban green finance: A quasi-natural experiment based on the National Big Data Comprehensive Pilot Zone," International Review of Financial Analysis, Elsevier, vol. 96(PB).
13. Da Gao & Xiaotian Zhou & Jing Wan, 2024. "Unlocking sustainability potential: The impact of green finance reform on corporate ESG performance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4211-4226, September.
14. Peng, Changhong & Zhang, Shuqin & Rong, Xueyun & Chen, Dongjing, 2024. "Is China's green credit policy effective? -Based on the perspective of enterprise environmental performance and economic performance," International Review of Economics & Finance, Elsevier, vol. 94(C).
15. Ali, Shoaib & Al-Nassar, Nassar S. & Sindhu, Muzammal Ilyas & Naveed, Muhammad, 2025. "Sustainable synergy: Static and dynamic nexus between ESG and BRICS equity markets," Research in International Business and Finance, Elsevier, vol. 74(C).
16. Hu, Shi & Chen, Peilin & Zhang, Chunli, 2025. "How does green finance reform affect corporate ESG greenwashing behavior?," International Review of Financial Analysis, Elsevier, vol. 102(C).
17. Yan, Ming & Li, Xiangqian & Zhao, Xing & He, Zhuoyi, 2025. "Liquidity and cost advantage of green bonds," Finance Research Letters, Elsevier, vol. 71(C).
18. Zhang, Shujun & Chen, Dingyang & Zou, Qifeng, 2025. "China's green transformation under the dual incentives of economic growth and environmental protection," International Review of Financial Analysis, Elsevier, vol. 102(C).
19. Peng, Shengnan & Liu, Chan & Wang, Ze & Ye, Zihan & Sun, Xialing & Tan, Zhanglu, 2024. "The impact of the carbon reduction policy effectiveness on energy companies' ESG performance," International Review of Financial Analysis, Elsevier, vol. 96(PB).
20. Li, Shuangyan & Chen, Zehua & Diao, Yu & Chen, Zeming, 2025. "The impact of green finance on debt financing costs from the perspective of strategic corporate signaling behavior—Evidence from China," International Review of Financial Analysis, Elsevier, vol. 102(C).
21. Xiao, Zhongyi & Shum, Wai Yan & Lai, Fujun & Xiang, Cheng, 2025. "How do firms respond to divergent ESG ratings? The perspective of green innovation," Research in International Business and Finance, Elsevier, vol. 75(C).
22. Zhang, Gengquan & Liu, Xiaohan, 2024. "Industrial restructuring and corporate income distribution gap," Finance Research Letters, Elsevier, vol. 67(PB).
23. Liu, Muyan & Shen, Lu & Yan, Yuehan, 2025. "Government-led green supply chain demonstration and corporate maturity mismatch: Evidence from China," Finance Research Letters, Elsevier, vol. 75(C).
24. Baek, Seungho & Kang, Moonsoo, 2025. "Does ESG enhance asset quality and funding cost management in banking diversification?," Finance Research Letters, Elsevier, vol. 73(C).
25. Li, Yuantian & Xu, Yingming, 2024. "Impact of green finance on China's pollution reduction and carbon efficiency: Based on the spatial panel model," International Review of Economics & Finance, Elsevier, vol. 94(C).
26. Wang, Mudan & Xie, Zeyu, 2025. "International trade barriers, export and industrial resilience: An empirical study based on the EU and USA antidumping and countervailing policies on photovoltaic products," Energy Policy, Elsevier, vol. 201(C).
27. Li, Bing & Tang, Kai, 2024. "Green credit policy and bankruptcy risk of heavily polluting enterprises," Finance Research Letters, Elsevier, vol. 67(PB).
28. Peng, Changhong & Chen, Dongjing & Jia, Daizheng & Liu, Qiao & Xu, Xin, 2025. "Can green credit policies reduce enterprise risk? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 97(C).
29. Qiao, Penghua & Xie, Yusha & Fung, Anna & Feng, Keyou & Fung, Hung-Gay, 2025. "Optimizing smart supply chain for enhanced corporate ESG performance," International Review of Financial Analysis, Elsevier, vol. 97(C).