{"id":"https://openalex.org/W4390830358","doi":"https://doi.org/10.1142/s0217590824470027","title":"GREEN BONDS AND CORPORATE ENVIRONMENTAL, SOCIAL, AND GOVERNANCE GREENWASHING: EVIDENCE FROM CHINA","display_name":"GREEN BONDS AND CORPORATE ENVIRONMENTAL, SOCIAL, AND GOVERNANCE GREENWASHING: EVIDENCE FROM CHINA","publication_year":2024,"publication_date":"2024-01-12","ids":{"openalex":"https://openalex.org/W4390830358","doi":"https://doi.org/10.1142/s0217590824470027"},"language":"en","primary_location":{"id":"doi:10.1142/s0217590824470027","doi":"https://doi.org/10.1142/s0217590824470027","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0217590824470027","pdf_url":null,"source":{"id":"https://openalex.org/S62126747","display_name":"The Singapore Economic Review","issn_l":"0217-5908","issn":["0217-5908","1793-6837"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Singapore Economic Review","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5012115425","display_name":"F. Ling","orcid":"https://orcid.org/0009-0006-9587-8845","observed_orcids":["https://orcid.org/0009-0006-9587-8845"]},"institutions":[{"id":"https://openalex.org/I130480701","display_name":"Dongbei University of Finance and Economics","ror":"https://ror.org/05db1pj03","country_code":"CN","type":"education","lineage":["https://openalex.org/I130480701"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"FANG LING","raw_affiliation_strings":["School of Accounting & China Internal Control Research Center, Dongbei University of Finance & Economics, Dalian, P. R. China"],"raw_orcid":"https://orcid.org/0009-0006-9587-8845","affiliations":[{"raw_affiliation_string":"School of Accounting & China Internal Control Research Center, Dongbei University of Finance & Economics, Dalian, P. R. China","institution_ids":["https://openalex.org/I130480701"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5096885673","display_name":"SHUAI ZHEN","orcid":"https://orcid.org/0009-0004-7055-0347","observed_orcids":["https://orcid.org/0009-0004-7055-0347"]},"institutions":[{"id":"https://openalex.org/I130480701","display_name":"Dongbei University of Finance and Economics","ror":"https://ror.org/05db1pj03","country_code":"CN","type":"education","lineage":["https://openalex.org/I130480701"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"SHUAI ZHEN","raw_affiliation_strings":["School of Fintech, Dongbei University of Finance & Economics, Dalian, P. R. China"],"raw_orcid":"https://orcid.org/0009-0004-7055-0347","affiliations":[{"raw_affiliation_string":"School of Fintech, Dongbei University of Finance & Economics, Dalian, P. R. China","institution_ids":["https://openalex.org/I130480701"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101588823","display_name":"Liang Chao","orcid":"https://orcid.org/0000-0003-2175-0903","observed_orcids":["https://orcid.org/0000-0003-2175-0903"]},"institutions":[{"id":"https://openalex.org/I130480701","display_name":"Dongbei University of Finance and Economics","ror":"https://ror.org/05db1pj03","country_code":"CN","type":"education","lineage":["https://openalex.org/I130480701"]},{"id":"https://openalex.org/I4405281598","display_name":"Taizhou University","ror":"https://ror.org/04m19xd94","country_code":"CN","type":"education","lineage":["https://openalex.org/I4405281598"]},{"id":"https://openalex.org/I82760581","display_name":"Taizhou University","ror":"https://ror.org/04fzhyx73","country_code":"CN","type":"education","lineage":["https://openalex.org/I82760581"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"CHAO LIANG","raw_affiliation_strings":["School of Business, Taizhou University, Zhejiang, P. R. China","School of Finance, Dongbei University of Finance & Economics, Dalian, P. R. China"],"raw_orcid":"https://orcid.org/0000-0003-2175-0903","affiliations":[{"raw_affiliation_string":"School of Business, Taizhou University, Zhejiang, P. R. China","institution_ids":["https://openalex.org/I4405281598","https://openalex.org/I82760581"]},{"raw_affiliation_string":"School of Finance, Dongbei University of Finance & Economics, Dalian, P. R. China","institution_ids":["https://openalex.org/I130480701"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5006647535","display_name":"ZHIYONG ZHAO","orcid":"https://orcid.org/0009-0009-0833-6805","observed_orcids":["https://orcid.org/0009-0009-0833-6805"]},"institutions":[{"id":"https://openalex.org/I130480701","display_name":"Dongbei University of Finance and Economics","ror":"https://ror.org/05db1pj03","country_code":"CN","type":"education","lineage":["https://openalex.org/I130480701"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"ZHIYONG ZHAO","raw_affiliation_strings":["School of Finance, Dongbei University of Finance & Economics, Dalian, P. R. China"],"raw_orcid":"https://orcid.org/0009-0009-0833-6805","affiliations":[{"raw_affiliation_string":"School of Finance, Dongbei University of Finance & Economics, Dalian, P. R. China","institution_ids":["https://openalex.org/I130480701"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":6.0096,"has_fulltext":false,"cited_by_count":17,"citation_normalized_percentile":{"value":0.96117449,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":99},"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"29"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.7860999703407288,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.7860999703407288,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.2029000073671341,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10880","display_name":"Environmental Sustainability in Business","score":0.0024999999441206455,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/green-bonds","display_name":"green bonds","score":0.9959999918937683},{"id":"https://openalex.org/keywords/esg-greenwashing","display_name":"ESG greenwashing","score":0.9179999828338623},{"id":"https://openalex.org/keywords/corporate-disclosure","display_name":"corporate disclosure","score":0.4699999988079071},{"id":"https://openalex.org/keywords/green-bond-issuance","display_name":"green bond issuance","score":0.7649999856948853},{"id":"https://openalex.org/keywords/information-transparency","display_name":"information transparency","score":0.6690000295639038},{"id":"https://openalex.org/keywords/financial-constraints","display_name":"financial constraints","score":0.9940000176429749},{"id":"https://openalex.org/keywords/environmental-protection-tax","display_name":"environmental protection tax","score":0.871999979019165},{"id":"https://openalex.org/keywords/corporate-social-responsibility","display_name":"corporate social responsibility","score":0.9750000238418579},{"id":"https://openalex.org/keywords/chinese-listed-companies","display_name":"Chinese listed companies","score":0.7820000052452087},{"id":"https://openalex.org/keywords/carbon-neutrality","display_name":"carbon neutrality","score":0.6970000267028809}],"concepts":[{"id":"https://openalex.org/C2778815883","wikidata":"https://www.wikidata.org/wiki/Q983063","display_name":"Greenwashing","level":3,"score":0.8566564321517944},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.7070763111114502},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.6283042430877686},{"id":"https://openalex.org/C2777682447","wikidata":"https://www.wikidata.org/wiki/Q3039637","display_name":"Environmental governance","level":3,"score":0.5717546939849854},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5325899124145508},{"id":"https://openalex.org/C141261163","wikidata":"https://www.wikidata.org/wiki/Q218600","display_name":"Corporate social responsibility","level":2,"score":0.3703363537788391},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.365268737077713},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.21801364421844482},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1331917643547058},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.08668568730354309},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1142/s0217590824470027","doi":"https://doi.org/10.1142/s0217590824470027","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0217590824470027","pdf_url":null,"source":{"id":"https://openalex.org/S62126747","display_name":"The Singapore Economic Review","issn_l":"0217-5908","issn":["0217-5908","1793-6837"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Singapore Economic Review","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Climate action","score":0.75,"id":"https://metadata.un.org/sdg/13"}],"study_designs":[],"awards":[{"id":"https://openalex.org/G3527257156","display_name":null,"funder_award_id":"21FJYB032","funder_id":"https://openalex.org/F4320335869","funder_display_name":"National Social Science Fund of China"},{"id":"https://openalex.org/G5602614548","display_name":null,"funder_award_id":"72172029","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G592799929","display_name":null,"funder_award_id":"71971046","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G6691593744","display_name":null,"funder_award_id":"LJKR0462","funder_id":"https://openalex.org/F4320324560","funder_display_name":"Department of Education of Liaoning Province"},{"id":"https://openalex.org/G7147768697","display_name":null,"funder_award_id":"19ZDA094","funder_id":"https://openalex.org/F4320327785","funder_display_name":"Major Program of National Fund of Philosophy and Social Science of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320324560","display_name":"Department of Education of Liaoning Province","ror":"https://ror.org/0022v2454"},{"id":"https://openalex.org/F4320327785","display_name":"Major Program of National Fund of Philosophy and Social Science of China","ror":null},{"id":"https://openalex.org/F4320335869","display_name":"National Social Science Fund of China","ror":null}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":80,"referenced_works":["https://openalex.org/W166751945","https://openalex.org/W1125272192","https://openalex.org/W1513281941","https://openalex.org/W1851438718","https://openalex.org/W1988763630","https://openalex.org/W1991428446","https://openalex.org/W2004501113","https://openalex.org/W2025620420","https://openalex.org/W2030132760","https://openalex.org/W2041841454","https://openalex.org/W2060032353","https://openalex.org/W2071297337","https://openalex.org/W2080926609","https://openalex.org/W2090841340","https://openalex.org/W2092506497","https://openalex.org/W2096570145","https://openalex.org/W2121588178","https://openalex.org/W2125530884","https://openalex.org/W2139382679","https://openalex.org/W2166670725","https://openalex.org/W2477262235","https://openalex.org/W2616735503","https://openalex.org/W2741574316","https://openalex.org/W2790717244","https://openalex.org/W2898118685","https://openalex.org/W2903949169","https://openalex.org/W2905488820","https://openalex.org/W2911253480","https://openalex.org/W2921331476","https://openalex.org/W2933308680","https://openalex.org/W2940570705","https://openalex.org/W2957052050","https://openalex.org/W2988942006","https://openalex.org/W3000482579","https://openalex.org/W3000728004","https://openalex.org/W3021841362","https://openalex.org/W3086780555","https://openalex.org/W3090027295","https://openalex.org/W3121311011","https://openalex.org/W3121736426","https://openalex.org/W3124145403","https://openalex.org/W3124365414","https://openalex.org/W3126109093","https://openalex.org/W3128873853","https://openalex.org/W3150550968","https://openalex.org/W3173695712","https://openalex.org/W3189273928","https://openalex.org/W3190303496","https://openalex.org/W3203708791","https://openalex.org/W3216306687","https://openalex.org/W4200237749","https://openalex.org/W4210254214","https://openalex.org/W4210335384","https://openalex.org/W4210655404","https://openalex.org/W4210807339","https://openalex.org/W4210901225","https://openalex.org/W4214874382","https://openalex.org/W4224885284","https://openalex.org/W4243630792","https://openalex.org/W4253626976","https://openalex.org/W4285735312","https://openalex.org/W4306167680","https://openalex.org/W4306688554","https://openalex.org/W4306969193","https://openalex.org/W4307937022","https://openalex.org/W4310137690","https://openalex.org/W4311720309","https://openalex.org/W4312008229","https://openalex.org/W4313215765","https://openalex.org/W4313418907","https://openalex.org/W4313528095","https://openalex.org/W4362704062","https://openalex.org/W4366245848","https://openalex.org/W4379285177","https://openalex.org/W4383102770","https://openalex.org/W4385458852","https://openalex.org/W4385933592","https://openalex.org/W4387747433","https://openalex.org/W4387842291","https://openalex.org/W4388506905"],"related_works":["https://openalex.org/W4403252468","https://openalex.org/W4386713866","https://openalex.org/W4411660002","https://openalex.org/W4362648960","https://openalex.org/W7209765540","https://openalex.org/W4386710950","https://openalex.org/W4389670113","https://openalex.org/W7126391928","https://openalex.org/W7117362099","https://openalex.org/W7010075370"],"abstract_inverted_index":{"In":[0],"this":[1],"paper,":[2],"we":[3],"examine":[4],"the":[5,44,54,58,80,107,162],"relationship":[6],"between":[7,24],"green":[8,34,48,61,83,111,157,181],"bond":[9,49,112,158],"issuance":[10,32,59,81,113,159],"and":[11,15,26,72,90,132,141,160,183,189],"corporate":[12,166],"environmental,":[13],"social,":[14],"governance":[16],"(ESG)":[17],"greenwashing":[18,67,89,116],"using":[19],"Chinese":[20],"A-share":[21],"listed":[22],"companies":[23],"2011":[25],"2021.":[27],"The":[28,51,147],"findings":[29,148],"indicate":[30],"that":[31,57,79,106],"of":[33,46,53,60,82,110,152,180],"bonds":[35,62,84,182],"effectively":[36,64,85],"mitigate":[37,65],"enterprises\u2019":[38],"tendencies":[39],"toward":[40],"ESG":[41,66,115,153,167],"greenwashing,":[42,93],"affirming":[43],"stability":[45],"China\u2019s":[47],"market.":[50],"analysis":[52,77,104],"mechanism":[55,163],"demonstrates":[56],"can":[63],"by":[68,123],"enhancing":[69],"information":[70,88,92,101],"transparency":[71],"alleviating":[73],"financing":[74],"constraints.":[75],"Further":[76],"reveals":[78,105],"mitigates":[86],"E":[87],"S":[91],"while":[94],"it":[95,170],"does":[96],"not":[97],"significantly":[98],"impact":[99,109],"G":[100],"greenwashing.":[102,168],"Heterogeneity":[103],"inhibitory":[108],"on":[114],"is":[117],"more":[118],"pronounced":[119],"within":[120],"subgroups":[121],"characterized":[122],"high":[124],"environmental":[125,129,139],"protection":[126,130],"subsidies,":[127],"elevated":[128],"taxes":[131],"fees,":[133],"executives":[134],"lacking":[135],"prior":[136],"experience":[137],"in":[138],"protection,":[140],"enterprises":[142],"with":[143],"limited":[144],"social":[145],"responsibility.":[146],"provide":[149],"theoretical":[150],"supplementation":[151],"consequences":[154],"resulting":[155],"from":[156],"elucidate":[161],"for":[164],"curbing":[165],"Practically,":[169],"will":[171],"facilitate":[172],"other":[173],"countries":[174],"to":[175,185],"enhance":[176],"their":[177],"top-level":[178],"design":[179],"contribute":[184],"achieving":[186],"carbon":[187,191],"neutrality":[188],"peak":[190],"goals.":[192]},"counts_by_year":[{"year":2026,"cited_by_count":6},{"year":2025,"cited_by_count":9},{"year":2024,"cited_by_count":2}],"updated_date":"2026-11-01T11:40:01.658920","created_date":"2024-01-13T00:00:00"}