Green Bond Issuance Enhances Corporate Value: Evidence from China
Purpose: To investigate whether the issuance of green bonds has a positive impact on corporate value. Methodology: Utilizing a comprehensive dataset of 1684 non-financial A-share listed companies from 2014 to 2022, the study employs a multi-period difference-in-difference model, parallel testing, heterogeneity analysis, and mechanism testing. Tobin’s Q is used as dependent variable, post*treat is