When climate policies waver: Firms, debt, and the investment-financing maturity mismatch

Journal article 347 views 195 downloads

Chunzhi Tan, Junjie Liu

, Junfeng Ma

, Bin Liu

, Boru Ren

Finance Research Letters, Volume: 85, Issue: Part B, Start page: 108026

Swansea University Author: Boru Ren

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DOI (Published version): 10.1016/j.frl.2025.108026

Published in:	Finance Research Letters
ISSN:	1544-6123 1544-6131
Published:	Elsevier Inc. 2025
Online Access:	Check full text
URI:	https://cronfa.swan.ac.uk/Record/cronfa70053

Keywords:	Climate policy uncertainty; Maturity mismatch; Short-term debt; Long-term investments
College:	Faculty of Humanities and Social Sciences
Funders:	This study is supported by National Natural Science Foundation of China (Grant No 71963001), Ministry of Education of the People’s Republic of China Humanities and Social Sciences Youth Foundation (Grant No 24XJC790007), and the Graduate Innovation Program of China–ASEAN School of Economics, Guangxi University, Grant No ZX020800343240012024.
Issue:	Part B
Start Page:	108026