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Decoding the Greenium

Jakobsson, Emmy LU ; Neumann, Pontus LU and Thulin, Karin Olivia LU (2024) FEKH89 20241
Department of Business Administration
Abstract
This study aims to examine whether there is a greenium on corporate green bonds in the Nordic market and to explore the
impact of industries' carbon emission level characteristics on the greenium. The study is made using a quantitative method with a deductive
approach. The methodical procedure is based on a matching process, followed by a t-test and cross-section regression. The empirical findings of this research are that a greenium of significance exists and is more prominent in the financial industry with low carbon emission levels, and less prominent in the industrial industry with high emission levels.
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author
Jakobsson, Emmy LU ; Neumann, Pontus LU and Thulin, Karin Olivia LU
supervisor
organization
course
FEKH89 20241
year
type
M2 - Bachelor Degree
subject
keywords
Green bonds, Conventional bonds, Greenium, Yield Spread, Nordic Bond Market
language
English
id
9170369
date added to LUP
2024-07-11 17:11:28
date last changed
2024-07-11 17:11:28
@misc{9170369,
  abstract     = {{This study aims to examine whether there is a greenium on corporate green bonds in the Nordic market and to explore the
impact of industries' carbon emission level characteristics on the greenium. The study is made using a quantitative method with a deductive
approach. The methodical procedure is based on a matching process, followed by a t-test and cross-section regression. The empirical findings of this research are that a greenium of significance exists and is more prominent in the financial industry with low carbon emission levels, and less prominent in the industrial industry with high emission levels.}},
  author       = {{Jakobsson, Emmy and Neumann, Pontus and Thulin, Karin Olivia}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Decoding the Greenium}},
  year         = {{2024}},
}