[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/lap/proyec/34.html
   My bibliography  Save this article

Mercado de bonos SVS en Argentina

Author

Listed:
  • Analía Goenaga

    (Universidad Nacional del Sur, Argentina)

  • Nuria Gutierrez

    (Universidad Nacional del Sur, Argentina)

  • Geraldina Bauer

    (Universidad Nacional del Sur, Argentina)

Abstract
It is unavoidable to say that climate change is one of society ´s biggest challenges facing today. Organizations that produce high levels of greenhouse gas emissions are forced to change their business models, promoting the use of renewable energy based on endless natural resources.On the other hand, repeated global economic crises have led to a process of financial exclusion, which in turn, leads to greater social exclusion and poverty. From that point, there is an urgent need for a paradigm change that promises a better future for the next generations with a sustainable financial and economic system.In this process of change, organizations find a new alternative financing mechanism with the issuance of green bonds, which manage to mobilize substantial capital towards clean energy projects and, with the alterna-tive of issuing social bonds, whose funds are assigned to projects that cover the increasing social necessities of a world in crisis.In this context, investors begin to express actively their interest in ma-king socially responsible investments and, also, to demand better and more information about issuing companies ´ ads on financial instru-ments.This paper aims to analyze whether compliance with the guidelines, and regulations which rule the SVS stock market in Argentina, guarantees investors the categorizations of the same and traceability in the use of funds.After the research, it is observed that, although the level of compliance with the regulations of the Argentina SVS stock market is high, it does not assure the investors ´ categorization nor the traceability of the use of funds. This is due to partial compliance with some guidelines and the lack of control of regulatory organizations which may increase the level of investor skepticism about those types of financial instruments.

Suggested Citation

  • Analía Goenaga & Nuria Gutierrez & Geraldina Bauer, 2024. "Mercado de bonos SVS en Argentina," Proyecciones, IIEC, Univeridad Nacional de La Plata., Instituto de Investigaciones y Estudios Contables, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, issue 18, pages 01-17, May-Octob.
    • Handle: RePEc:lap:proyec:34
    DOI: https://doi.org/10.24215/26185474e028
    as

    Download full text from publisher

    File URL: https://revistas.unlp.edu.ar/proyecciones/article/view/14707
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.24215/26185474e028?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    green bonds-social bonds-sustainable bonds-regulations-credibility;

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lap:proyec:34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gisela Büechele (email available below). General contact details of provider: https://edirc.repec.org/data/ounlpar.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.