| Description |
1 online resource (xxi, 200 pages) : illustrations (some color) |
| Series |
Palgrave Macmillan studies in banking and financial institutions |
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Palgrave Macmillan studies in banking and financial institutions.
|
| Contents |
Intro -- Preface -- Contents -- Notes on Contributors -- List of Figures -- List of Tables -- The Changing Role of Banks in the Financial System: Social Versus Conventional Banks -- 1 Introduction -- 2 Social Banks in the Field -- 3 Empirical Studies on Social Banks -- Target Clientele -- Matching the Two Sides: Overcoming Information Asymmetry -- Transparency and Simple Intermediation -- Stakeholder Involvement -- 4 Theorizing the Business Model of Social Banks -- Supply Side: Socially Minded Funders -- Demand Side: Prosocial Borrowers -- A Global Perspective on Social Banking |
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5 Conclusion -- References -- ESG Issues as Strategic Components of Long-term Success of Financial Institutions: Are There Differences in Financial Performance and Firm Value? -- 1 Introduction -- 2 Historical Overview -- Assessment of ESG Risks in Lending -- ESG-Related Investment -- Banks and Climate Risks -- 3 ESG Criteria in Commercial Lending-Financial Aspects -- Theoretical Background -- 4 ESG Integration in Financial Products and Services -- ESG Investing -- Impact Investing -- Fossil Fuel Divestment and Engagement -- Green Lending -- ESG-Related Credit Risk Assessment -- Green Bonds |
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5 Conclusion -- References -- Corporate Social Responsibility, Customer Satisfaction, and Customer Loyalty in Banking Institutions: A Literature Review -- 1 Introduction -- 2 Corporate Social Responsibility (CSR) -- 3 Customer Satisfaction -- 4 Customer Loyalty -- 5 Corporate Social Responsibility, Customer Satisfaction, and Customer Loyalty in the Banking Sector -- 6 CSR and Mutual Funds -- 7 Discussion -- 8 Conclusion and Future Research -- References -- Socially and Environmentally Responsible Investments and Mutual Funds -- 1 Introduction -- 2 Socially Responsible Investing |
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3 From SRI to ESG -- 4 ESG Criteria for SRI -- Environment -- Society -- Corporate Governance -- 5 Literature Review on Social and Environmental Mutual Funds -- Characteristics of Socially Responsible Mutual Funds -- Behavioral Issues -- The Performance of SR Mutual Funds -- Portfolio Optimization for SR Mutual Funds -- 6 Concluding Remarks -- References -- Firm ESG Practices and the Terms of Bank Lending -- 1 Introduction -- 2 What Motivates Banks to Consider ESG as a Relevant Issue? -- ESG and Credit Risk -- ESG and Bank Value Relevance -- 3 What and How ESG Factors Affect Bank Lending Terms |
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Environmental factors and bank loans -- Social Factors and Bank Loans -- Governance Factors and Bank Loans -- 4 What are the Real Consequences of ESG Lending? -- 5 New Empirical Evidence on the Impact of ESG from the Bank Perspective -- The Value Relevance of ESG Risks for Banks -- Banks' ESG and lending relationships -- 6 Conclusions -- Appendix 1: List of Published and Working Papers in ESG and Cost of Bank Loan -- Appendix 2: Variable Definitions -- References -- ESG and Credit Risk -- 1 Introduction -- 2 ESG and Credit Risk: Academic Evidence -- 3 ESG and Rating Agencies |
| Summary |
In recent years sustainable finance along with Environmental, Social and Governance (ESG) aspects and their implications for financial institutions have attracted the attention of academics and policy makers. The aim of the book is to bring together chapters that discuss the most recent empirical and theoretical evidence in the field, along with policy making and regulatory initiatives. The book covers topics such as the changing role of banks in the financial system, the differences between sustainable banks and traditional banks, ESG and financial performance, bank social responsibility and customer satisfaction, ESG risk management of financial institutions, the politics of climate finance and policy initiatives, and the role of bank regulators. It will be of interest to academics and policymakers working in banking, risk management, sustainable finance and related fields. Chrysovalantis Gaganis is Professor of Finance in the Department of Economics at the University of Crete, Greece. Fotios Pasiouras is Professor of Banking & Finance at Montpellier Business School, France. Menelaos Tasiou is a Senior Lecturer in Quantitative Methods and Data Analytics at the School of Economics, Accounting and Finance at the University of Portsmouth, UK. Constantin Zopounidis is Professor of Financial Engineering and Operations Research, at Technical University of Crete, Greece, Distinguished Research Professor in Audencia Business School, France, a Senior Academician of both the Royal Academy of Doctors and the Royal Academy of Economics and Financial Sciences of Spain |
| Notes |
Includes index |
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Online resource; title from PDF title page (SpringerLink, viewed March 16, 2023) |
| Subject |
Finance -- Environmental aspects
|
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Social responsibility in banking.
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Sustainable development -- Economic aspects
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Social responsibility in banking
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Sustainable development -- Economic aspects
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| Form |
Electronic book
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| Author |
Gaganis, Chrysovalantis, editor.
|
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Pasiouras, Fotios, editor.
|
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Tasiou, Menelaos, editor
|
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Zopounidis, Constantin, editor.
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| ISBN |
3031242831 |
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9783031242830 |
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