Does Green Banking Disclosure Improve Banking Financial Performance In The Asean Region?
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Apr 17, 2025
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Abstract
This study aims to find empirical evidence of the influence of green banking disclosure on the financial performance of banks in the ASEAN region. This type of research is quantitative research using a statistical approach. The population in this study were banking companies in the ASEAN region, as many as 168 banks from 2018-2023 as samples in this study and 984 observation data were obtained. The data analysis tool in this study used panel data regression with the help of the STATA version 12 tool. The results of the study showed that green banking disclosure had a positive and significant influence on banking performance as measured using ROA and ROE.
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How to Cite
Rochman Arif, Bandi, B., Agung Nur Probohudono, & Djuminah, D. (2025). Does Green Banking Disclosure Improve Banking Financial Performance In The Asean Region?. INFOKUM, 13(03), 711-720. Retrieved from https://infor.seaninstitute.org/index.php/infokum/article/view/2839
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Bose, S., Khan, H.Z., Rashid, A., & Islam, S. (2018). What drives green banking disclosure? An institutional and corporate governance perspective. Asia Pacific Journal of Management, 35(2), 501–527. https://doi.org/10.1007/s10490-017-9528-x
Cui, J., Wang, W., Chen, Z., Ren, G., & Gao, X. (2023). How do digitalization and financial development impact eco-efficiency? Evidence from China. Environmental Science and Pollution Research, 30(2), 3847–3861. https://doi.org/10.1007/s11356-022-22366-5
Du, Y., & Wang, W. (2023). The role of green financing, agricultural development, geopolitical risk, and natural resources on environmental pollution in China. Resources Policy, 82. https://doi.org/10.1016/j.resourpol.2023.103440
Gu, X., & Wang, Y. (2023). Green credit policy and digital transformation of polluting firms: a quasi-natural experiment from China. Frontiers in Environmental Science, 11.https://doi.org/10.3389/fenvs.2023.1281165
Li, M., Cao, G., Cui, L., Liu, X., & Dai, J. (2023). Examining how government subsidies influence firms' circular supply chain management: The role of eco-innovation and top management teams. International Journal of Production Economics, 261. https://doi.org/10.1016/j.ijpe.2023.108893
Liu, C., & Wu, S.S. (2023). Green finance, sustainability disclosure and economic implications. Fulbright Review of Economics and Policy, 3(1), 1–24. https://doi.org/10.1108/frep-03-2022-0021
Luo, D., Luo, M., & Lv, J. (2022). Can Digital Finance Contribute to the Promotion of Financial Sustainability? A Financial Efficiency Perspective. Sustainability (Switzerland), 14(7). https://doi.org/10.3390/su14073979
Pandey, D. K., Hassan, M. K., Kumari, V., Zaied, Y. Ben, & Rai, V. K. (2024). Mapping the landscape of FinTech in banking and finance: A bibliometric review. In Research in International Business and Finance (Vol. 67). Elsevier Ltd. https://doi.org/10.1016/j.ribaf.2023.102116
Pu, G., Wong, W.K., Du, Q., Al Shraah, A., Alromaihi, A., & Young, I. (2024). Asymmetric impact of natural resources, fintech, and digital banking on climate change and environmental sustainability in BRICS countries. Resources Policy, 91. https://doi.org/10.1016/j.resourpol.2024.104872
Reni Lestari. (2020). Impact of Corona, Vietnamese Banks Ordered to Cut and Delay Interest Payments. https://kabar24.bisnis.com/read/20200221/19/1203968/dampak-corona-bank-vietnam-disyaratkan-potong-dan-tunda-pembayaran-bunga
Retno Wulandhari and Friska Yolandha. (2020). Banking in ASEAN Faces the Threat of Bad Debts. https://repjabar.republika.co.id/berita/qa00kw370/perbankan-di-asean-hadapi-ancaman-kredit-macet
Tan, X., Cheng, S., & Liu, Y. (2024). Green digital finance and technology diffusion. Humanities and Social Sciences Communications, 11(1). https://doi.org/10.1057/s41599-024-02902-z
Tok, E., Yesuf, A. J., & Mohamed, A. (2022). Sustainable Development Goals and Islamic Social Finance: From Policy Divide to Policy Coherence and Convergence. Sustainability, 14(11), 6875. https://doi.org/10.3390/su14116875
Valencia, D. C., & Calabuig-Tormo, C. (2023). The Impact of Green Banking Activities on Banks' Green Financing and Environmental Performance. Scientific Papers of the University of Pardubice, Series D: Faculty of Economics and Administration, 31(1).https://doi.org/10.46585/sp31011681
Zhang, L., Berk Saydaliev, H., & Ma, X. (2022). Does green finance investment and technological innovation improve renewable energy efficiency and sustainable development goals. Renewable Energy, 193, 991–1000. https://doi.org/10.1016/j.renene.2022.04.161
Zhuo, R., Zhang, Y., Zheng, J., & Xie, H. (2024). Digitalization transformation and enterprise green innovation: empirical evidence from Chinese listed companies. Frontiers in Environmental Science, 12. https://doi.org/10.3389/fenvs.2024.1361576