ESG and asset quality in the banking industry: The moderating role of financial performance

Cantero-Saiz, María; Polizzi, Salvatore; Scannella, Enzo

doi:10.1016/j.ribaf.2024.102221

Cited by 3 publications

(1 citation statement)

References 67 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…It impacts firm value through various channels, including governance practices, sustainability efforts, transparency, accountability, assurance, and innovation. This highlights the increasing significance of ESG in the corporate world and its substantial influence on financial performance and market valuation [10,80].…”

Section: Research Topics Analysismentioning

confidence: 94%

Mapping the Landscape of the Literature on Environmental, Social, Governance Disclosure and Firm Value: A Bibliometric Analysis and Systematic Review

Cai,

Hazaea,

Hael

et al. 2024

Sustainability

View full text Add to dashboard Cite

Increased interest in sustainability and related issues has led to the development of disclosed corporate information on environmental, social, and governance (ESG) issues. Additionally, questions have arisen about whether these disclosures affect the firm’s value. Therefore, we conducted a bibliometric analysis coupled with a systematic literature review (SLR) of the current literature in the Scopus database from 2001 to 2023. We utilized VOS viewer, Site Space, and R Studio tools for this analysis. Our findings indicate that the relationship between ESG disclosures and the firm’s value has different effects and that disclosure impacts through various channels, such as increasing stakeholder trust. Moreover, the keyword analysis results before and after 2015 demonstrate significant advancement in the utilization of a theoretical foundation in the literature. Furthermore, China (Country), “Universidad de Salamanca” (University), “Uyar, Ali and García-Sánchez, Isabel-María” (Authors), and “Sustainability” and “Corporate Social Responsibility and Environmental Management” (Journals) were the most contributing and influential in this field. On the other hand, the results revealed six thematic clusters: society, sustainable development, ESG, organization, innovation, and stakeholders. We found promising research paths and emerging themes through content analysis of these clusters, such as sustainability assurance, green innovation, and sustainable development goals (SDGs). This review concludes by providing a roadmap that includes emerging lines of research that can be explored in depth in future studies to promote better and more comprehensive integration to achieve sustainability and maximize firm value.

show abstract

Section: Research Topics Analysismentioning

confidence: 94%

Mapping the Landscape of the Literature on Environmental, Social, Governance Disclosure and Firm Value: A Bibliometric Analysis and Systematic Review

Cai,

Hazaea,

Hael

et al. 2024

Sustainability

View full text Add to dashboard Cite

show abstract

Does Banks' Environmental Engagement Impact Funding Costs?

Islam,

Moreira,

Douch

2024

Preprint

View full text Add to dashboard Cite

Evaluating the Interplay Between Esg Practices and Corporate Financial Performance in America: The Industrial Sector

Nițu (Ivan)

2024

ISF

View full text Add to dashboard Cite

A comprehensive strategy that incorporates social responsibility, environmental stewardship, and economic viability is needed to achieve sustainability in the industrial sector, a sector that is responsible for almost a quarter of all carbon emissions worldwide. Nowadays, business strategy, risk management, and long-term value creation are deemed to be critically dependent on sustainability factors. The present paper targets to examine the relationship between ESG (Environmental, Social, and Governance) and CFP (Corporate Financial Performance) for 100 American-listed companies that operate in the Industrial sector from 2018 to 2022. The data used in this study is collected from Thomson Reuters and analyzed using STATA Software. The research reveals a strong association between CFP and ESG as a combined score. When an in-depth analysis is performed regarding the sustainability pillars with separate consideration, a positive relationship was shown between the social and environmental pillar and the financial performance, whereas a weaker link could be determined regarding the governance pillar. As such, American companies need to carefully review ESG investments to avoid bad financial outcomes and gain long-term performance

show abstract

ESG and asset quality in the banking industry: The moderating role of financial performance

Cited by 3 publications

References 67 publications

Mapping the Landscape of the Literature on Environmental, Social, Governance Disclosure and Firm Value: A Bibliometric Analysis and Systematic Review

Mapping the Landscape of the Literature on Environmental, Social, Governance Disclosure and Firm Value: A Bibliometric Analysis and Systematic Review

Does Banks' Environmental Engagement Impact Funding Costs?

Evaluating the Interplay Between Esg Practices and Corporate Financial Performance in America: The Industrial Sector

Contact Info

Product

Resources

About