ESG performance and debt financing cost

• المؤلف الرئيسي: SHI, Bo
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2024
• الموضوعات: ESG report comprehensiveness; corporate debt financing cost; Finance and Financial Management; Strategic Management Policy
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/etd_coll/612; https://ink.library.smu.edu.sg/context/etd_coll/article/1610/viewcontent/GPBA_AY2018_DBA_Shi_Bo.pdf
• المؤسسة: Singapore Management University

Using the Latent Dirichlet Allocation thematic model, I calculate the comprehensiveness score of corporate ESG report and examine how the score correlates with corporate debt financing cost. Based on the empirical analysis over a sample of Chinese listed A-share firms with available ESG reports. I f...