Impact of ESG Performance on Profitability of Commercial Banks
Based on the quarterly data of 37 listed commercial banks in China from 2012 to 2021,factor analysis was used to construct commercial bank profitability indicators,the impact of ESG performance on commercial banks'profitability was empirically examined by using the basic regression model,and the path of ESG performance affecting the profitability of commercial banks was explored by constructing a mediation effect model.The results showed that good ESG performance could improve the profitability of commercial banks by reducing their risks.Through heterogeneity analysis,it was found that good ESG performance could significantly improve profitability by reducing the risk of urban commercial banks.
ESG performancebank profitabilitybanking risk"dual carbon"targetssustainable development
国家科技期刊平台
NSTL
万方数据
