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Author

P. Rijwani

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Sep 2026

The Green Signal: Event Study of Stock Reactions to Green Bond Announcements in India

This study explores the short-term reaction of the stock market to announcements of green bond issuance by Indian firms using an event study methodology. Drawing upon signalling theory and supported by a robust dataset of 35 green bond issues from 2015 to 2024, the analysis applies Market Adjusted Returns, Market Model...

Dipti Saraf, P. Rijwani, Punita Rajpurohit · 0 citations

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