Evidence on Whether Banks Consider Carbon Risk in Their Lending Decisions
Abstract
Banks face a dilemma in choosing between maximising profits and facilitating the sustainable use of resources within a carbon-constrained future. This study provides empirical evidence on this dilemma, investigating whether a bank loan announcement for a firm with high carbon risk conveys information to investors about the firm’s carbon risk exposure collected through a bank’s pre-loan screening and ongoing monitoring. We use a sample of 120...
Paper Details
Title
Evidence on Whether Banks Consider Carbon Risk in Their Lending Decisions
Published Date
Oct 16, 2017
Journal
Volume
158
Issue
1
Pages
155 - 175
Citation AnalysisPro
You’ll need to upgrade your plan to Pro
Looking to understand the true influence of a researcher’s work across journals & affiliations?
- Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
- Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.
Notes
History