Question: This question refers to the article Does Good ESG Performance Reduce the Cost of Debt? discussed during the tutorials. Why does the article capture the

This question refers to the article Does Good ESG Performance Reduce the Cost of Debt? discussed during the tutorials. Why does the article capture the impact of CSR through the cost of debt rather than the cost of equity? Discuss why some CSR initiatives would increase the cost of capital rather than decrease it?

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