Chen, I-Ju; Hasan, Iftekhar; Lin, Chih-Yung; Tra Ngoc … - In: Journal of business ethics : JBE 174 (2021) 3, pp. 687-713
Banks play a unique role in society. They not only maximize profits but also consider the interests of stakeholders. We … investigate whether banks consider firms’ pollution records in their lending decisions. The evidence shows that banks offer … governance. Further, the results show that banks with higher social responsibility account for their borrowers’ environmental …