Decoding the Greenium
(2024) FEKH89 20241Department 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.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9170369
- author
- Jakobsson, Emmy LU ; Neumann, Pontus LU and Thulin, Karin Olivia LU
- supervisor
- organization
- course
- FEKH89 20241
- year
- 2024
- 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}}, }