@misc{10481/93248,
year = {2024},
month = {5},
url = {https://hdl.handle.net/10481/93248},
abstract = {Green bonds have attracted significant interest in the business and financial sectors,
yet the environmental performance outcomes among issuing firms have been
uneven. Drawing on the attention-based view framework, this study examines the
role of corporate green bond issuance in directing attention to environmental issues
across organizational levels. Additionally, we investigate how internal conditions,
such as growth, profitability, and indebtedness, influence the translation of attention
into improved environmental performance. Using a matched sample of 160 paired
firms from 23 countries and nine sectors, our results emphasize the significance of
both green bond intensity and internal conditions in shaping how green bonds impact
environmental performance. These results contribute to the fields of sustainable
finance and attention-based view theory, offering new insights into the influence of
green bonds on firms' environmental performance.},
organization = {PID2019-107767GA-I00 funded by MCIN/AEI/10.13039/501100011033},
organization = {PP2023.EI.02 funded by the University of Granada's},
organization = {C-SEJ-069UGR funded by the
University, Research and Innovation Advisory Office and by the ERDF
Andalusia Program},
organization = {Funding for open access charge: University of Granada/
CBUA.},
publisher = {Wiley Online Library},
keywords = {Attention-based view},
keywords = {Corporate green bonds},
keywords = {Environmental performance},
title = {Green bonds and environmental performance: The effect of management attention},
doi = {doi.org/10.1002/csr.2858},
author = {Ordóñez Borrallo, Rubén and Ortiz Martínez de Mandojana, Natalia and Delgado Ceballos, Javier},
}