Artikel
Asset overhang and the green transition
Environmental technologies threaten dirty legacy portfolios of external financiers. "Asset overhang" refers to an investor's incentive not to finance disruptive green firms in an attempt to protect exposed legacy positions. Empirically, asset overhang renders green disruptors up to 4.4 percentage points less likely to receive external finance. The presence of financiers with low asset overhang trigger systemwide incentives to fund green firms. Limited policy interventions aimed at reducing such overhang can alleviate financial barriers to the green transition
- Language
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Englisch
- Bibliographic citation
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Journal: EconPol Forum ; ISSN: 2752-1184 ; Volume: 24 ; Year: 2023 ; Issue: 1 ; Pages: 31-34
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Degryse, Hans
Roukny, Tarik
Tielens, Joris
- Event
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Veröffentlichung
- (who)
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CESifo GmbH
- (where)
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Munich
- (when)
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2023
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Degryse, Hans
- Roukny, Tarik
- Tielens, Joris
- CESifo GmbH
Time of origin
- 2023
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