If Money Talks: Climate change-related regulation and firms’ cost of debt

This study uses a novel dataset from 54 countries and regions to explore how exposure to climate change regulatory shocks influences firms' debt costs. The findings reveal that such exposure generally increases the cost of debt. However, this scenario is reversed for firms that find greater opp...

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Bibliographic Details
Main Authors: Wenwen Jin, Yu Wang
Format: Article
Language:English
Published: Elsevier 2025-03-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845025000092