TY - JOUR
T1 - The different dimensions of sustainability and bank performance
T2 - Evidence from the EU and the USA
AU - Moufty, Souad
AU - Clark, Ephraim
AU - Al-Najjar, Basil
PY - 2021/6/1
Y1 - 2021/6/1
N2 - 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.
AB - 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.
KW - Banking sector
KW - Corporate social responsibility (CSR)
KW - Environmental and social practices
KW - Financial performance
KW - Stakeholders theory
KW - Structural equation modelling path analysis
KW - Sustainability
UR - http://www.scopus.com/inward/record.url?scp=85103946324&partnerID=8YFLogxK
U2 - 10.1016/j.intaccaudtax.2021.100381
DO - 10.1016/j.intaccaudtax.2021.100381
M3 - Article
AN - SCOPUS:85103946324
VL - 43
JO - Journal of International Accounting, Auditing and Taxation
JF - Journal of International Accounting, Auditing and Taxation
SN - 1061-9518
M1 - 100381
ER -