Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/313303 
Year of Publication: 
2022
Citation: 
[Journal:] Journal of Capital Markets Studies (JCMS) [ISSN:] 2514-4774 [Volume:] 6 [Issue:] 3 [Year:] 2022 [Pages:] 304-319
Publisher: 
Emerald, Bingley
Abstract: 
Purpose: There is a pressing need to increase investments in sustainable infrastructure to promote low carbon economic growth and ensure environmental sustainability. Consequently, this study examines the socio-political factors underlying the adoption of green bond financing of infrastructure projects. Design/methodology/approach: Primary data was gathered from experts with advanced experience in, or knowledge of green bonds in the Kumasi Metropolis. To identify respondents with pertinent knowledge that is relevant to the study, purposive and snowball sampling techniques were used. One-sample t-test and relative importance index were used in this study's statistical analysis. Findings: "Training and experience with sustainable finance" was seen as the most important social factor underlying the adoption of green bond financing of infrastructure projects by the respondents and 'Governmental tax-based incentives' was rated as the leading political factor. Originality/value: This pioneering research attempts to ascertain the socio-political factors affecting the adoption of green bond financing of infrastructure projects. Emergent results of analysis and concomitant discussions add knowledge to fill a void in literature on the social and political factors affecting the adoption of green bond financing of infrastructure projects in developing countries.
Subjects: 
Socio-political
Green bond
Infrastructure
Sustainable finance
Ghana
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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