User profiles for F. Kiesel

Florian Kiesel

Free University of Bozen-Bolzano
Verified email at unibz.it
Cited by 733

Green bonds: Shades of green and brown

M Immel, B Hachenberg, F Kiesel… - Journal of asset …, 2021 - Springer
We analyse the existence of a green bond premium and find a negative premium of 8 to 14
basis points. We are further interested in the influence of ESG ratings on green bonds to …

Brexit:(Not) another Lehman moment for banks?

D Schiereck, F Kiesel, S Kolaric - Finance Research Letters, 2016 - Elsevier
We analyze the stock and CDS market reactions around the UK's EU membership referendum
(“Brexit”) on June 23, 2016, and the Lehman Brothers bankruptcy filing on September 15, …

ESG in credit ratings and the impact on financial markets

F Kiesel, F Lücke - Financial Markets, Institutions & Instruments, 2019 - Wiley Online Library
This study examines environment, social, governance (ESG) consideration in rating reports
published by credit rating agencies. 3,719 Moody's credit rating reports between 2004 and …

Environmental, social and governance reporting in annual reports: A textual analysis

P Baier, M Berninger, F Kiesel - Financial Markets, Institutions …, 2020 - Wiley Online Library
Considering environmental, social, and governance (ESG) factors becomes increasingly
important for companies and investors. However, “ESG” is not clearly defined so far and, …

SPAC merger announcement returns and subsequent performance

F Kiesel, N Klingelhöfer, D Schiereck… - European Financial …, 2023 - Wiley Online Library
Special purpose acquisition companies (SPACs) are created to raise capital and then find
non‐listed operating companies with which to merge. While most of the extant research has …

The impact of mergers and acquisitions on shareholders' wealth in the logistics service industry

F Kiesel, JM Ries, A Tielmann - International Journal of Production …, 2017 - Elsevier
Logistic service providers are facing significant challenges in recent years due to intensified
competition and ever-increasing customer expectations for cohesive high-standard services …

Market integration and efficiency of CDS and equity markets

F Kiesel, S Kolaric, D Schiereck - The Quarterly review of economics and …, 2016 - Elsevier
We test the market integration and efficiency of credit default swap (CDS) and equity markets
by examining the CDS spreads of 538 US and European firms around unanticipated and …

[HTML][HTML] Greenium, credit rating, and the COVID-19 pandemic

E Arat, B Hachenberg, F Kiesel, D Schiereck - Journal of Asset …, 2023 - Springer
We analyze green and conventional bonds during regular market periods and within times
of extreme volatility, the COVID-19 pandemic. We find a negative premium (greenium) of 1.6 …

[HTML][HTML] Political and socioeconomic factors that determine the financial outcome of successful green innovation

K Riehl, F Kiesel, D Schiereck - Sustainability, 2022 - mdpi.com
Green innovation and technology diffusion must be financially and commercially attractive
to convince corporate decision makers. This paper focuses on the factors that determine the …

[HTML][HTML] Should I stay or should I go? Stock market reactions to companies' decisions in the wake of the Russia-Ukraine conflict

F Kiesel, S Kolaric - Journal of International Financial Markets, Institutions …, 2023 - Elsevier
We examine the share price reaction of 1281 firms with Russian operations when they
announce their decision to leave or stay in the Russian market following the outbreak of the …