Corporate governance, social responsibility and sustainability commitments by banks: Impacts on credit risk and performance
Kittima Ngamvilaikorn,
Suntharee Lhaopadchan,
Sirimon Treepongkaruna
Abstract:With the increasing pressures to commit to social and environmental issues, banks align with stakeholders' expectations via corporate social responsibility (CSR), and sustainable development goals (SDGs) initiatives. Understanding how these initiatives affect credit risk and performance of banks is crucial for the economy. Relying on the dynamic generalized method of moments and data on Thai listed commercial banks from 2015 to 2020, we find commitments to good governance, CSR and SDGs largely have an opposite… Show more
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