The different dimensions of sustainability and bank performance: Evidence from the EU and the USA
Ephraim Clark () and
Journal of International Accounting, Auditing and Taxation, 2021, vol. 43, issue C
This paper looks at four different dimensions of sustainability and examines their effects on bank performance in the United States of America and the European Union. Content analysis is applied to a sample of 483 reports to construct a consistent index that reflects the multi-dimensionality of sustainability. Using structural equation modelling path analysis to test the sustainability model, the results reveal a significant positive relationship between the internal social dimensions of sustainability and bank performance while no evidence was found for the relationship between the environmental dimensions of sustainability and bank performance.
Keywords: Banking sector; Corporate social responsibility (CSR); Environmental and social practices; Financial performance; Stakeholders theory; Sustainability; Structural equation modelling path analysis (search for similar items in EconPapers)
JEL-codes: G20 G21 M14 M41 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:jiaata:v:43:y:2021:i:c:s1061951821000069
Access Statistics for this article
Journal of International Accounting, Auditing and Taxation is currently edited by R. Larson
More articles in Journal of International Accounting, Auditing and Taxation from Elsevier
Bibliographic data for series maintained by Catherine Liu ().