| Autor: |
Guoquan Xu, Lan Mi, Xin Li, Yan Tong |
| Jazyk: |
angličtina |
| Rok vydání: |
2024 |
| Předmět: |
|
| Zdroj: |
Borsa Istanbul Review, Vol 24, Iss 1, Pp 84-94 (2024) |
| Druh dokumentu: |
article |
| ISSN: |
2214-8450 |
| DOI: |
10.1016/j.bir.2023.11.001 |
| Popis: |
This study investigates whether and how the perception of carbon abatement pressure affects corporate financing behavior. The results show that carbon abatement pressure increases corporate cash holdings via the channel of financing constraints, and this positive relationship still holds after a series of robustness tests. This positive relationship is pronounced for private firms, those with higher operational risks, and firms in regions with lower levels of marketization. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
|
