Literature DB >> 35725883

Green credit and high-quality sustainable development of banks.

Lei Ding1, Yaming Zhuang2, Shuyang Jiang3.   

Abstract

The impact of green credit on banks has been widely verified. This paper systematically combs the internal mechanism of the impact of green credit on high-quality sustainable development of banks and studies the relationship between green credit and high-quality sustainable development of banks by using unbalanced panel data of Chinese listed banks from 2007 to 2019. The results show that green credit will significantly promote high-quality sustainable development of banks, which remains valid after controlling for relevant variables and robustness test. The further test results show that the impact of green credit on high-quality sustainable development of banks will be affected by green environment supervision and monetary policy. Green environment supervision and loose monetary policy promote the positive impact of green credit on high-quality sustainable development of banks. The heterogeneity test results show that the impact of green credit on high-quality sustainable development of banks is significantly different among banks with different business scope and different size, and the positive impact of green credit on high-quality sustainable development of small-scale banks and regional banks is more significant. This paper enriches the research of the impact of green credit on banks.
© 2022. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.

Entities:  

Keywords:  Green credit; Green environment supervision; High-quality sustainable development of banks; Monetary policy

Year:  2022        PMID: 35725883     DOI: 10.1007/s11356-022-21438-w

Source DB:  PubMed          Journal:  Environ Sci Pollut Res Int        ISSN: 0944-1344            Impact factor:   4.223


  1 in total

1.  The Impact of the Green Credit Policy on the Short-Term and Long-Term Debt Financing of Heavily Polluting Enterprises: Based on PSM-DID Method.

Authors:  Yan Yang; Yingli Zhang
Journal:  Int J Environ Res Public Health       Date:  2022-09-08       Impact factor: 4.614

  1 in total

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