Year
2020
Country
Qatar
Language
English
Abstract
| This study seeks to examine whether corporate environmental performance (CEP) and corporate social performance (CSP) affect stability of the banking industry. The topic is of much interest to researchers and policy makers following the global financial crisis of 2007-2009. Using a panel dataset of 473 banks in 74 countries from 2007 to 2016 and applying Generalized method of moments (GMM), we find that corporate environment performance (CEP) is negatively related to bank stability which is proxied by non-performing loans (NPL). On the other hand, our results suggest no significant relationship between corporate social performance (CSP) and bank stability. However, estimation using financial product safety as an aspect of corporate social performance shows a positive link to banks stability. The study contributes to the literature by using material dataset and providing new evidence on the relationship between CEP, CSP and bank stability. Our results are robust to a variety of econometric specifications and have significant policy implications for investors, bankers and regulators. |
English
City
CIS minaretein
Conf. Start Date
Conf. End Date
Select type of work
CIS Program Old
CIS publications
No
CIS Thesis
No