International Journal of Managerial Finance: Volume 18 Issue 4

Guest editorial: Green and sustainable corporate finance: past, present and future

Aviral Kumar Tiwari

Multinational enterprises’ internationalization and adoption of sustainable development goals

Ranjan DasGupta, Satish Kumar, Rajesh Pathak

Using a sample of 1,517 multinational enterprises (MNEs) from 25 countries, this study aims to examine whether firm’s level of internationalization has a deterministic role for…

Do global factors drive the interconnectedness among green, Islamic and conventional financial markets?

Sitara Karim, Muhammad Abubakr Naeem

This study aims to examine the connectedness among green, Islamic and conventional financial markets from December 2008 to May 2021. Moreover, the impact of global factors on the…

Do stock markets value green operations? Evidence from India

Nemiraja Jadiyappa, Raveesh Krishnankutty

This study aims to examine the impact of green operation (measured using the energy intensity of its operations) on the value of corporate firms in stock markets. The authors also…

Board characteristics and environmental disclosures: evidence from sensitive and non-sensitive industries of India

P.S. Raghu Kumari, Harnesh Makhija, Dipasha Sharma, Abhishek Behl

The study aims to identify the impact of board characteristics (BC) on a firm's environmental performance, and provides future research directions in the area of BC impact on…

Whether corporate green bonds act as armour during crises? Evidence from a natural experiment

Garima Sisodia, Anto Joseph, James Dominic

The present study examines the rationale behind the increased global presence of corporate green bonds as a green financing tool to facilitate sustainable practices and…

Revisiting the financial market interdependence during COVID-19 times: a study of green bonds, cryptocurrency, commodities and other financial markets

Amar Rao, Mansi Gupta, Gagan Deep Sharma, Mandeep Mahendru, Anirudh Agrawal

The purpose of the present study is to contribute to the existing literature by examining the nexus and the connectedness between classes S&P Green Bond Index, S&P GSCI Crude Oil…

The best-fitting model(s) of equal risk contribution: evidence from environmental-friendly portfolio

Bayu Adi Nugroho

This research aims to select the best-fitting model(s) of equal risk contribution portfolios (ERC). ERC is a robust estimation in the absence of reasonable expectations about…