Table 2 Variable description.
From: Why issue green bonds? Examining their dual impact on environmental protection and economic benefits
Variable | Description |
|---|---|
ESG | ESG Score (0,100] |
CO2 | Total CO2Equivalent Emissions to EVIC USD in million |
Bond | Dummy variable, 1 for Green Bond, 0 for Conventional Bond |
Scale | The financing size refers to the issuance amount of the bond. |
Term | The fund occupancy duration refers to the financing period of the bond. |
Rate | The financing cost refers to the bond coupon interest rate. |
Industry | Dummy variable, 1 for Manufacturing industry, 0 for others |
Country | Dummy variable, 1 for High-income country, 0 for others |
Policy | Dummy variable, 1 the year 2016 and subsequent years, 0 for others |