Research on Financing Efficiency of Green Bond in New Energy Industry

  • Yu Dai School of Economics and Management, Southwest Petroleum University
  • Yaxian Li School of Economics and Management, Southwest Petroleum University
Article ID: 3257
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DOI: https://doi.org/10.18282/l-e.v10i9.3257
Keywords: New energy industry, Green bonds, Financing efficiency, DEA model

Abstract

Based on the data from 2017 to 2020 of 30 A-SHARE and Hong kong-share listed companies in China’s new energy industry, this paper analyzes the financing efficiency of green bonds by using the Data envelopment analysis method. At present, the issuing scale of green bonds is the main factor that hinders the financing of new energy industry.At the same time, the new energy industry should issue green bonds according to the size and technology level of enterprises, which will lead to the investment redundancy and waste of resources.

References

[1] Takashi K. . Are green bonds environmentally friendly and good performing assets? [J]. Energy Economics, 2020(88):104767.

[2] Zerbib O.D. . The effect of pro-environmental pReferences: on bond prices:Evidence from green bonds[J]. Journal of Banking and Finance, 2019(98):39~60.

Published
2022-07-24
How to Cite
Dai, Y., & Li, Y. (2022). Research on Financing Efficiency of Green Bond in New Energy Industry. Learning & Education, 10(9), 189-190. https://doi.org/10.18282/l-e.v10i9.3257
Issue
Vol. 10 No. 9 (2021)
Section
Article