Impact of environmental practices on leverage

A study of companies with shares traded on B3

Authors

  • Gabrielle Chagas Universidade Federal de Campina Grande - UFCG
  • Josete Florencio dos Santos Universidade Federal de Pernambuco
  • Camila Bezerra Correia Neves
  • Moisés Almeida Universidade Federal da Paraíba

DOI:

https://doi.org/10.12712/rpca.v17i4.60149

Abstract

This study investigated the impact of environmental practices on the leverage of companies with shares traded on B3 in 2022, using a sample of 326 companies with financial data available on Economatica. Logistic regression analysis revealed a negative relationship between leverage and environmental practices, which suggests that companies that adopt these practices can reduce their debt levels. This study contributes to a deeper understanding of the interactions between environmental practices and companies' capital structure, providing important information for future research in this field.

Downloads

Download data is not yet available.

Downloads

Published

2023-12-11

Issue

Vol. 17 No. 4 (2023)

Section

Artigos/Papers

License

Authors retain the copyright and grant the journal the right of first publication with simultaneously license under the Creative Commons Attribution License, permitting sharing the paper with acknowledgment of its first publication in this journal.

Authors are allowed to take additional contracts for non-exclusive distribution of the version of the paper published in this journal (eg, publish in institutional repository or publish as a chapter of a book), always with an acknowledgment of its initial publication in this journal.