Carbon abatement pressure and corporate cash holdings: Evidence from China

This study investigates whether and how the perception of carbon abatement pressure affects corporate financing behavior. The results show that carbon abatement pressure increases corporate cash holdings via the channel of financing constraints, and this positive relationship still holds after a ser...

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Bibliographic Details
Main Authors: Guoquan Xu, Lan Mi, Xin Li, Yan Tong
Format: Article
Language:English
Published: Elsevier 2024-01-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845023001345