Matches in SemOpenAlex for { <https://semopenalex.org/work/W3144036963> ?p ?o ?g. }
- W3144036963 endingPage "1634" @default.
- W3144036963 startingPage "1620" @default.
- W3144036963 abstract "This paper goes beyond the relationship between a bank ESG performance (ESGP) and corporate financial performance (CFP). Here, the link between ESG factors and financial benchmarks is analysed to verify whether banks may find in the market reaction sufficient stimuli (higher CFP) to adopt ESG conduct spontaneously. Using panel estimation methods on European banks listed in STOXX Europe 600, between 2008 and 2019, this paper tests the relationship between ESGP and CFP considering different dimensions of financial performance at once, both accounted-based (ROA and ROE) and market-based (Capitalisation to Book Value, Tobin's Q). Besides, we employ VBM (EVA Spread) not previously considered. The main findings support the current approach of banking authorities, focusing on bank ESG risks, more than ESG opportunities, in order to “force” banks into adopting a new ESG business model, at this early stage of transition to sustainability." @default.
- W3144036963 created "2021-04-13" @default.
- W3144036963 creator A5016508219 @default.
- W3144036963 creator A5075196770 @default.
- W3144036963 creator A5080505511 @default.
- W3144036963 date "2021-04-02" @default.
- W3144036963 modified "2023-10-01" @default.
- W3144036963 title "Banks and <scp>environmental, social and governance</scp> drivers: Follow the market or the authorities?" @default.
- W3144036963 cites W1512694265 @default.
- W3144036963 cites W1588914721 @default.
- W3144036963 cites W1890517194 @default.
- W3144036963 cites W1898130677 @default.
- W3144036963 cites W1971388718 @default.
- W3144036963 cites W1973295309 @default.
- W3144036963 cites W1978349840 @default.
- W3144036963 cites W1983488148 @default.
- W3144036963 cites W1989934726 @default.
- W3144036963 cites W1996168426 @default.
- W3144036963 cites W1999064493 @default.
- W3144036963 cites W2005093284 @default.
- W3144036963 cites W2010453473 @default.
- W3144036963 cites W2026433955 @default.
- W3144036963 cites W2030201875 @default.
- W3144036963 cites W2035880114 @default.
- W3144036963 cites W2036829732 @default.
- W3144036963 cites W2046153741 @default.
- W3144036963 cites W2051320665 @default.
- W3144036963 cites W2053764581 @default.
- W3144036963 cites W2057551514 @default.
- W3144036963 cites W2067402622 @default.
- W3144036963 cites W2073928172 @default.
- W3144036963 cites W2074899249 @default.
- W3144036963 cites W2083242060 @default.
- W3144036963 cites W2088728777 @default.
- W3144036963 cites W2089087592 @default.
- W3144036963 cites W2090841340 @default.
- W3144036963 cites W2092151481 @default.
- W3144036963 cites W2094900732 @default.
- W3144036963 cites W2095849253 @default.
- W3144036963 cites W2112352537 @default.
- W3144036963 cites W2116542123 @default.
- W3144036963 cites W2118508482 @default.
- W3144036963 cites W2123654171 @default.
- W3144036963 cites W2123760334 @default.
- W3144036963 cites W2137956103 @default.
- W3144036963 cites W2141958938 @default.
- W3144036963 cites W2142513583 @default.
- W3144036963 cites W2146200864 @default.
- W3144036963 cites W2155664128 @default.
- W3144036963 cites W215944688 @default.
- W3144036963 cites W2162100439 @default.
- W3144036963 cites W2164946207 @default.
- W3144036963 cites W2164993793 @default.
- W3144036963 cites W2173991330 @default.
- W3144036963 cites W2228857552 @default.
- W3144036963 cites W2239713937 @default.
- W3144036963 cites W2293812763 @default.
- W3144036963 cites W2484278843 @default.
- W3144036963 cites W2625897158 @default.
- W3144036963 cites W2744395095 @default.
- W3144036963 cites W2754430623 @default.
- W3144036963 cites W2756358598 @default.
- W3144036963 cites W2767446426 @default.
- W3144036963 cites W2788571194 @default.
- W3144036963 cites W2795278713 @default.
- W3144036963 cites W2807472376 @default.
- W3144036963 cites W2883181869 @default.
- W3144036963 cites W2885269732 @default.
- W3144036963 cites W2898022268 @default.
- W3144036963 cites W2898300106 @default.
- W3144036963 cites W2900395867 @default.
- W3144036963 cites W2914053899 @default.
- W3144036963 cites W2920238455 @default.
- W3144036963 cites W2941281741 @default.
- W3144036963 cites W2962897734 @default.
- W3144036963 cites W2982406719 @default.
- W3144036963 cites W2982577888 @default.
- W3144036963 cites W2995201812 @default.
- W3144036963 cites W3010835973 @default.
- W3144036963 cites W3013661454 @default.
- W3144036963 cites W3013882519 @default.
- W3144036963 cites W3016388462 @default.
- W3144036963 cites W3034549779 @default.
- W3144036963 cites W3121446428 @default.
- W3144036963 cites W3121464887 @default.
- W3144036963 cites W3121568402 @default.
- W3144036963 cites W3121673844 @default.
- W3144036963 cites W3122074755 @default.
- W3144036963 cites W3122239873 @default.
- W3144036963 cites W3122389139 @default.
- W3144036963 cites W3123588944 @default.
- W3144036963 cites W3124188010 @default.
- W3144036963 cites W3124440244 @default.
- W3144036963 cites W3125170781 @default.
- W3144036963 cites W3125866812 @default.
- W3144036963 cites W3125933947 @default.
- W3144036963 cites W4230604403 @default.
- W3144036963 cites W4230984203 @default.