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19.07.2016 | Empirical article

Corporate social responsibility and bank risk profile: evidence from Europe

verfasst von: Nicolás Gambetta, María Antonia García-Benau, Ana Zorio-Grima

Erschienen in: Service Business | Ausgabe 3/2017

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Abstract

This study analyzes the impact of risk profile on sustainability reporting and its quality in European banks. Financial institutions (FI) play a social role in the financial inclusion process and incorporate environmental considerations into credit risk assessment, making corporate social responsibility (CSR)-related issues vital for risk management systems. FI with lower capital risk, higher liquidity risk, higher profitability in banking, and higher sensitivity to market risk tend to issue CSR reports. The findings suggest that FI with lower profitability in banking disclose higher quality CSR financial services sector (FSS)-specific information, whereas FI not submitting CSR reports for external assurance or having their CSR reports assured by certain auditors issue lower quality CSR/FSS-specific information.

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Titel: Corporate social responsibility and bank risk profile: evidence from Europe
verfasst von: Nicolás Gambetta
María Antonia García-Benau
Ana Zorio-Grima
Publikationsdatum: 19.07.2016
Verlag: Springer Berlin Heidelberg
Erschienen in: Service Business / Ausgabe 3/2017
Print ISSN: 1862-8516
Elektronische ISSN: 1862-8508
DOI: https://doi.org/10.1007/s11628-016-0318-1

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