The Impact of Sustainable Policy on Financial Performance in the Romanian Banking System

Carmen Ghelase, Mihaela Neculita and Arabela Ichim
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Carmen Ghelase: Dunarea de Jos University of Galati, Romania
Mihaela Neculita: Dunarea de Jos University of Galati, Romania
Arabela Ichim: Dunarea de Jos University of Galati, Romania

Economics and Applied Informatics, 2023, issue 2, 157-165

Abstract: Research on the relationship between sustainability and financial performance (expressed in specific profitability indicators, from the perspective of the 3 ESG factors) was carried out in the banking system. The abstract analyzes the effects of the 3 dimensions of sustainability (economic/environmental/social) on the financial performances of the first top 3 banks in the Romanian system, the market share in the banking sector being relevant and also taking into account the fact that the banks are the first to realize sustainability reports.

Keywords: financial system; banks; sustainable policy; performance indicators; green loans; legislative framework (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2023:i:2:p:157-165

DOI: 10.35219/eai15840409350

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