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- Title
Is It Good to Be a Green Multinational Bank?
- Authors
LAGUIR, ISSAM; STEKELORUM, REBECCA; LAGUIR, LAMIA; ELBAZ, JAMAL
- Abstract
This paper examines the influence of environmental corporate social responsibility (ECSR) on corporate financial performance (CFP) using data on French multinational banks from 2008 to 2011. Our results show that the relationship between ECSR and multinational bank CFP is positive and statistically significant. However, taking into account R&D activities allows an alternative perspective: the influence of ESCR on ROA decreases as banks' R&D activities increase. Thus, ECSR most strongly influences CFP in low-R&D intensity multinational banks.
- Subjects
SOCIAL responsibility of business; ORGANIZATIONAL performance; FINANCIAL performance
- Publication
Management international / International Management / Gestiòn Internacional, 2020, Vol 24, Issue 2, p54
- ISSN
1206-1697
- Publication type
Article
- DOI
10.7202/1072641ar