碳绩效影响企业债务融资成本的研究综述

Literature Review on the Impact of Carbon Performance on Corporate Debt Financing Costs

摘要: 随着时代的发展，发展绿色经济越来越得到重视，碳绩效的概念在这个时代背景下诞生，极大地影响我国进行绿色转型。此外，一个企业是否承担保护环境的责任，碳绩效的高低是最直接的体现，同时向投资者传达该企业的形象，极大影响了投资者的判断，进而影响到企业债务融资成本的水平。本文通过对碳绩效与债务融资成本的相关文献进行梳理，对碳绩效与债务融资成本之间的关系进行剖析，为企业实现绿色转型提供了一定的理论依据。

Abstract: With the development of the times, the green economy has received increasing attention, and the concept of carbon performance has emerged in this context, greatly influencing China’s green transformation. Moreover, whether an enterprise assumes the responsibility of environmental protection is most directly reflected in its carbon performance, which also conveys the image of the enterprise to investors and significantly affects investors’ judgments, thereby influencing the level of the enterprise’s debt financing costs. This paper sorts out the relevant literature on carbon performance and debt financing costs, analyzes the relationship between carbon performance and debt financing costs, and provides a certain theoretical basis for enterprises to achieve green transformation.