EconPapers    
Economics at your fingertips  
 

Enhancing sustainability reporting and greening the finance system: institutionalization and practices in China's banking sector

Shidi Dong, Lei Xu and Ron McIver

Chapter 30 in Handbook of Banking and Finance in Emerging Markets, 2022, pp 553-572 from Edward Elgar Publishing

Abstract: Compared to traditional polluters, financial sector sustainability accounting has received limited attention. Following institutional theory, we examine China's banks' commitment to sustainability reporting. Utilizing electronic database and manually collected data, we examine 126 firm-year observations from 2010 to 2017 on 21 listed banks. We apply content analysis to examine their sustainability, including 'green credit', disclosures, before and after issue of regulatory guidance. We address: (1) What changes occurred in the extent and content of these disclosures? (2) What impacts did the China Banking Regulatory Commission (CBRC) 2012 issue of the 'Green Credit Guidelines' have on their level and quality? (3) Do State ownership and control generate intra-sector differences in disclosures? We find China's banks have progressively committed to sustainable development through adopting sustainability reporting. However, the trend is non-linear. Two reporting peaks are identified, 2012 and 2016, aligning with emerging regulatory pressures. Additionally, large state-controlled banks have better external reporting.

Keywords: Development Studies; Economics and Finance (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781800880900/9781800880900.00040.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:20452_30

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().

 
Page updated 2025-03-31
Handle: RePEc:elg:eechap:20452_30