Does environmental reporting ofbanks affect their financial performance? Evidence from India
Banking sector; Environmental reporting; Financial performance; Panel regression analysis; Sustainability
Purpose: The present study aims to investigate the effect of environmental reporting on the financial performance of banks in India. Design/methodology/approach: The study is based on the secondary data. The sample includes the banks listed in the NSE Nifty Bank Index from 20162017 to 20202021. The environmental reporting data was obtained through the content analysis technique. The financial data was collected from the CMIE Prowess database. Panel regression analysis was used to analyse the data. Findings: The findings indicate a negative significant influence of environmental reporting on the ROA and ROE of banks. On the other hand, environmental reporting does not significantly influence the EPS of banking institutions. Originality/value: To the best of the authors knowledge, this study is the first to contribute to the scarce literature on the influence of environmental reporting on financial performance, pertinently in the context of a developing nation's banking sector. 2023, Emerald Publishing Limited.
International Journal of Bank Marketing, Vol-42, No. 4, pp. 722-744.
https://doi.org/10.1108/IJBM-12-2022-0545 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85174038226&doi=10.1108%2fIJBM-12-2022-0545&partnerID=40&md5=efc4e67f2d9a5ec76d752b773d3b7d57
Pawar D.S., Department of Commerce, School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Bangalore, India; Munuswamy J., Department of Commerce, School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Bangalore, India