The United Nations' Principles for Responsible Banking, CSR, and Corporate Governance in the Banking Industry

Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review

Abstract

This chapter introduces the United Nations’ Principles for Responsible Banking and their purpose. We also examine the relationship between corporate social responsibility preferences and bank performance and corporate governance. The employed global sample of banks covers a ten-year period before the launch of the Principles, that is, the years 2009–2018. The reported findings indicate that banks committed to the Principles for Responsible Banking underperform during the sample period compared to the banks in general. Moreover, the banks where the board members attend the board meetings more frequently outperform the banks with less active board meeting attendance rates. Finally, board experience, board size, and senior executive compensation are positively associated with firm performance.
Original languageEnglish
Title of host publicationThe Routledge Handbook of Green Finance
EditorsOthmar Lehner, Theresia Harrer, Hanna Silvola, Olaf Weber
Number of pages18
PublisherRoutledge
Publication date2024
ISBN (Print)978-1-032-38529-7, 978-1-032-38533-4
ISBN (Electronic)978-1-003-34549-7
Publication statusPublished - 2024
MoE publication typeA3 Book chapter

Areas of Strength and Areas of High Potential (AoS and AoHP)

  • AoS: Financial management, accounting, and governance

Fingerprint

Dive into the research topics of 'The United Nations' Principles for Responsible Banking, CSR, and Corporate Governance in the Banking Industry'. Together they form a unique fingerprint.

Cite this