Trust, social capital, and the bond market benefits of ESG performance
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- Hami Amiraslani & Karl V. Lins & Henri Servaes & Ane Tamayo, 2023. "Trust, social capital, and the bond market benefits of ESG performance," Review of Accounting Studies, Springer, vol. 28(2), pages 421-462, June.
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More about this item
Keywords
ESG; CSR; sustainability; social capital; trust; corporate bonds; bond spreads; agency cost of debt; financial crisis;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2022-05-23 (Corporate Finance)
- NEP-FMK-2022-05-23 (Financial Markets)
- NEP-SOC-2022-05-23 (Social Norms and Social Capital)
Statistics
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