 The impact of environmental disclosure and controversies on bank valueSimona Galletta, John W. Goodell, Sebastiano Mazzù and Andrea Paltrinieri Journal of Economics and Business, 2025, vol. 134-135, No S0148619524000638 Abstract: We investigate the effect of green investment communication on the relationship between environmental controversies and bank value. Using a dataset of listed banks from 45 countries for 2012–2021, the main results show a positive moderating effect of green disclosure on banks’ controversial value relationship. The moderating effect is greater for banks with the highest number of environmental controversies. These results are also confirmed when addressing endogeneity bias with the generalised method of moments. Our evidence provides new insights for regulators to check the actual green behaviour of banks that are most exposed to environmental controversies. The results highlight the need for policymakers to take proactive measures to develop and strengthen governance that can enhance bank value by taking into account the needs and interests of different stakeholders and local communities. Keywords: Banks; Environmental investments; Performance; Disclosure (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jebusi:v:134-135:y:2025:i::s0148619524000638 DOI: 10.1016/j.jeconbus.2024.106221 Access Statistics for this article Journal of Economics and Business is currently edited by Emanuele Bajo and Moritz Ritter More articles in Journal of Economics and Business from Elsevier |
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