Environmental, Social, and Governance Incidents and Bank Loan Contracts

We investigated how a borrower’s adverse environmental, social, and governance incidents affect bank loan contracts. Using a sample of 2001 publicly traded US firms during the period from 2007 to 2016, we found that loans initiated after the occurrence of a firm’s environmental, social, or governanc...

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Bibliographic Details
Main Authors: Ruoyu He, Xueli Chen, Cheng Chen, Jianqiao Zhai, Lixin Cui
Format: Article
Language:English
Published: MDPI AG 2021-02-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/4/1885