Corporate Social Responsibility in Japanese Banking Sector

Murawski, Tomasz

doi:10.12775/cjfa.2016.020

Cited by 4 publications

(4 citation statements)

References 2 publications

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“…Currently, institutions can choose the standards that suit them for preparing non-financial reports. In the literature, there are many papers concerning the role of non-financial reports, including integrated reports, in the banking sector (Ryszawska & Zabawa, 2018;Kundid Novokmet & Rogošić, 2016;International Integrated Reporting Council, 2013;Murawski, 2017;Schiopoiu Burlea, 2019). The most popular guideline standards for environmental and social reporting were prepared by the Global Reporting Initiative (GRI).…”

Section: Regulations Concerning Esgmentioning

confidence: 99%

Environmental responsibility of banks versus their financial efficiency. Evidence from the Warsaw Stock Exchange

Zabawa,

Łosiewicz-Dniestrzańska

2024

EiS

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The significance of our research is connected with the many regulations in the European Union concerning ESG issues. These documents are very often related to environmental aspects and concern banks as public trust entities. We focus on banks on the Warsaw Stock Exchange (WSE), which constitute the main part of the Polish banking sector. We examine the relationship between financial efficiency and environmental responsibility in the banking sector. We identified three objectives for our research: first: to assess financial efficiency in the banks under study, second: to assess eco-management in banks listed on the WSE, third: to investigate whether there is a relationship between environmental responsibility as an ESG element of banks and their financial efficiency. The above objectives correspond with the research hypothesis adopted: Among the banks analysed, there is a correlation between a bank's financial performance and the Bank Ecologisation Index (BEI-2). This study refers to the period 2019-2021 to show the influence of the Covid-19 pandemic. We adopt various research methods to measure the environmental responsibility of banks and to examine the relationship between ecological engagement and banks’ financial ratios. In our research, we use descriptive statistics, linear ordering methods, standardised sum methods, synthetic measures of development, box plots, and analysis of the financial and non-financial reports of the entities analysed. The paper consists of five parts: introduction, literature review and research goals, materials and methods, results and discussion, and conclusions. Our results show that among the banks analysed, there is no statistically significant correlation between financial results and the Bank Ecologisation Index (BEI-2). This may be due to the fact that, as a result of the economic instability caused by the COVID-19 pandemic, banks in Poland have slowed down their growth potential and investments in greening have shifted to the longer-term perspective.

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Section: Regulations Concerning Esgmentioning

confidence: 99%

Environmental responsibility of banks versus their financial efficiency. Evidence from the Warsaw Stock Exchange

Zabawa,

Łosiewicz-Dniestrzańska

2024

EiS

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“…GRI guidelines contain general rules of communicating the influence of business activities and detailed indicators related to specific parts of reports [33,35]. In the literature there exist papers concerning the role of non-financial reports, including integrated reports, in banking sector [1,24,[36][37][38].…”

Section: Topic the Number Of Papers Year Of First Papermentioning

confidence: 99%

Eco-Banking in Relation to Financial Performance of the Sector—The Evidence from Poland

Zabawa

Kozyra

2020

Sustainability

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With the advent of corporate social responsibility, practical aspects of environmental responsibility have gained importance and recognition among both manufacturing and service enterprises, including financial services. This trend is also evidenced extensively in the literature. On the other hand, the literature reveals a significant gap in the research into the matter of environmental responsibility of banks in the light of their financial effectiveness. In addition, the European Union (EU) regulations require banking entities to provide reports of any activities related to protection of natural resources. Two important dilemmas arise in this context—how to measure the environmental involvement of the banking sector and how to relate this type of involvement to the sector’s financial effectiveness? We applied Analytic Hierarchy Process (AHP), linear ordering methods—standardized sum method and synthetic measure of development, Pearson’s and Spearman’s correlation coefficients, Student’s t and Mann-Whitney U tests and boxplots to measure environmental responsibility of banks and to examine the empirical relationship between environmental engagement and bank financial performance data. We also used analytical methods for the study of financial and non-financial reports of banks. We posited three research hypotheses related to measurement of environmental involvement of banks (ecologization) and to correlations between the sector’s financial effectiveness and its environmental involvement. The study does not confirm any direct influence of banks’ financial results upon the scale of their environmental involvement. Based on the above, the we also made an attempt at explaining the results and identifying directions of further research into the subject.

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“…However, certain gaps can be identified in the evaluation of non-financial reporting by large financial institutions, particularly those in the banking segment of the economy. Publications in this area are fairly scarce, with notable few exceptions (Ryszawska & Zabawa, 2018;Zabawa, Nosowski & Łosiewicz, 2017;Murawski, 2016;Kundid Novokmet & Rogošić, 2016;Waliszewski, 2017;Dziawgo, 2010). This paper represents another attempt at filling this apparent gap in subject research.…”

Section: Reporting Of the Social And Environmental Responsibilitylitementioning

confidence: 99%

The Significance of the Gri (Global Reporting Initiative) Standard in Reporting of Environmental Information. The Analysis of Polish Banking Sector in the Face of Regulatory Changes

Zabawa

2018

CJFA

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Corporate Social Responsibility in Japanese Banking Sector

Cited by 4 publications

References 2 publications

Environmental responsibility of banks versus their financial efficiency. Evidence from the Warsaw Stock Exchange

Environmental responsibility of banks versus their financial efficiency. Evidence from the Warsaw Stock Exchange

Eco-Banking in Relation to Financial Performance of the Sector—The Evidence from Poland

The Significance of the Gri (Global Reporting Initiative) Standard in Reporting of Environmental Information. The Analysis of Polish Banking Sector in the Face of Regulatory Changes

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