气候变化领域集成服务门户(CCPortal): Quantifying the impact of interest rate volatility on Asian energy companies: A comparative study of fossil and renewable sectors

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DOI	10.1016/j.eneco.2024.107482
	Quantifying the impact of interest rate volatility on Asian energy companies: A comparative study of fossil and renewable sectors
	Rao, Amar; Kumar, Satish; Gupta, Prashant; Dash, Saumya Ranjan
发表日期	2024
ISSN	0140-9883
EISSN	1873-6181
起始页码	133
卷号	133
英文摘要	This study examines the impact of government bond yield volatility on companies in the fossil and renewable energy sectors in five Asian countries from 2015 to 2023. The analysis uses quantile-based methods to explore the spillover effects of yield volatility on companies with high and low debt levels in these sectors. The findings show that yield volatility tends to transmit shocks at lower quantiles and over shorter periods. The network connectedness is more critical at extreme upper and lower quantiles in the short term. The results also reveal significant differences in how yield volatility affects companies with high and low leverage levels, and these effects vary across the sample countries. Overall, this research provides valuable insights into the influence of yield volatility on financial decision-making in different contexts and industries. The study's results underscore the imperative for policymakers and stakeholders in the energy industry to give precedence to improving risk management methods.
英文关键词	Energy price; Yield curve; Interest rate; Spillover; Renewable energy
语种	英语
WOS研究方向	Business & Economics
WOS类目	Economics
WOS记录号	WOS:001220182900001
来源期刊	ENERGY ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/292426
作者单位	BML Munjal University; Indian Institute of Management (IIM System); Indian Institute of Management Nagpur; Indian Institute of Management (IIM System); Indian Institute of Management Indore
推荐引用方式 GB/T 7714	Rao, Amar,Kumar, Satish,Gupta, Prashant,et al. Quantifying the impact of interest rate volatility on Asian energy companies: A comparative study of fossil and renewable sectors[J],2024,133.
APA	Rao, Amar,Kumar, Satish,Gupta, Prashant,&Dash, Saumya Ranjan.(2024).Quantifying the impact of interest rate volatility on Asian energy companies: A comparative study of fossil and renewable sectors.ENERGY ECONOMICS,133.
MLA	Rao, Amar,et al."Quantifying the impact of interest rate volatility on Asian energy companies: A comparative study of fossil and renewable sectors".ENERGY ECONOMICS 133(2024).