Are green bonds relevant to retail investors? Evidence from Robinhood

Bibliographic Details
Main Author: Hermanns, Emma Luise
Publication Date: 2022
Format: Master thesis
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10362/155948
Summary: Do retail investors care about green bonds? I show that retail investors care no more and no less about green bonds than they do about conventional bonds. On a single event level, there is evidence of mixed reaction towards the issuance announcement. Furthermore, the market reacts negatively to green bond announcements so that retail investors make losses by holding the underlying stocks.
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network_name_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
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spelling Are green bonds relevant to retail investors? Evidence from RobinhoodRobinhoodRetail investorsSustainable financeGreen bondsBond issuanceDomínio/Área Científica::Ciências Sociais::Economia e GestãoDo retail investors care about green bonds? I show that retail investors care no more and no less about green bonds than they do about conventional bonds. On a single event level, there is evidence of mixed reaction towards the issuance announcement. Furthermore, the market reacts negatively to green bond announcements so that retail investors make losses by holding the underlying stocks.d'Arienzo, DanieleRUNHermanns, Emma Luise2023-07-28T15:36:35Z2023-01-122022-12-162023-01-12T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/155948TID:203312260enginfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-22T18:13:28Zoai:run.unl.pt:10362/155948Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:43:56.492688Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Are green bonds relevant to retail investors? Evidence from Robinhood
title Are green bonds relevant to retail investors? Evidence from Robinhood
spellingShingle Are green bonds relevant to retail investors? Evidence from Robinhood
Hermanns, Emma Luise
Robinhood
Retail investors
Sustainable finance
Green bonds
Bond issuance
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Are green bonds relevant to retail investors? Evidence from Robinhood
title_full Are green bonds relevant to retail investors? Evidence from Robinhood
title_fullStr Are green bonds relevant to retail investors? Evidence from Robinhood
title_full_unstemmed Are green bonds relevant to retail investors? Evidence from Robinhood
title_sort Are green bonds relevant to retail investors? Evidence from Robinhood
author Hermanns, Emma Luise
author_facet Hermanns, Emma Luise
author_role author
dc.contributor.none.fl_str_mv d'Arienzo, Daniele
RUN
dc.contributor.author.fl_str_mv Hermanns, Emma Luise
dc.subject.por.fl_str_mv Robinhood
Retail investors
Sustainable finance
Green bonds
Bond issuance
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Robinhood
Retail investors
Sustainable finance
Green bonds
Bond issuance
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description Do retail investors care about green bonds? I show that retail investors care no more and no less about green bonds than they do about conventional bonds. On a single event level, there is evidence of mixed reaction towards the issuance announcement. Furthermore, the market reacts negatively to green bond announcements so that retail investors make losses by holding the underlying stocks.
publishDate 2022
dc.date.none.fl_str_mv 2022-12-16
2023-07-28T15:36:35Z
2023-01-12
2023-01-12T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/155948
TID:203312260
url http://hdl.handle.net/10362/155948
identifier_str_mv TID:203312260
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron:RCAAP
instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron_str RCAAP
institution RCAAP
reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
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