The determinants of ESG in the banking sector of MENA region: a trend or necessity?
Purpose As reporting environmental, social and governance (ESG) information is not yet mandatory in all countries, it is intriguing to understand ESG’s underlying driving mechanisms. This study aims to investigate ESG determinants in the banking sector of the Middle East and North Africa countries....
محفوظ في:
| المؤلف الرئيسي: | |
|---|---|
| مؤلفون آخرون: | , |
| التنسيق: | article |
| منشور في: |
2023
|
| الوصول للمادة أونلاين: | http://hdl.handle.net/10725/14836 https://doi.org/10.1108/CR-09-2021-0118 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://www.emerald.com/insight/content/doi/10.1108/CR-09-2021-0118/full/html |
| الوسوم: |
إضافة وسم
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
|
| _version_ | 1864513469712171008 |
|---|---|
| author | El Khoury, Rim |
| author2 | Nasrallah, Nohade Alareeni, Bahaaeddin |
| author2_role | author author |
| author_facet | El Khoury, Rim Nasrallah, Nohade Alareeni, Bahaaeddin |
| author_role | author |
| dc.creator.none.fl_str_mv | El Khoury, Rim Nasrallah, Nohade Alareeni, Bahaaeddin |
| dc.date.none.fl_str_mv | 2023-07-10T11:39:42Z 2023-07-10T11:39:42Z 2023 2023-01-09 |
| dc.identifier.none.fl_str_mv | 1059-5422 http://hdl.handle.net/10725/14836 https://doi.org/10.1108/CR-09-2021-0118 El Khoury, R., Nasrallah, N., & Alareeni, B. (2023). The determinants of ESG in the banking sector of MENA region: a trend or necessity?. Competitiveness Review: An International Business Journal, 33(1), 7-29. http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://www.emerald.com/insight/content/doi/10.1108/CR-09-2021-0118/full/html |
| dc.language.none.fl_str_mv | en |
| dc.relation.none.fl_str_mv | Competitiveness Review: An International Business Journal incorporating Journal of Global Competitiveness |
| dc.rights.*.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.title.none.fl_str_mv | The determinants of ESG in the banking sector of MENA region: a trend or necessity? |
| dc.type.none.fl_str_mv | Article info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/article |
| description | Purpose As reporting environmental, social and governance (ESG) information is not yet mandatory in all countries, it is intriguing to understand ESG’s underlying driving mechanisms. This study aims to investigate ESG determinants in the banking sector of the Middle East and North Africa countries. Design/methodology/approach The authors gather data for 38 listed banks for the period 2011–2019. The data used is threefold as follows: data related to ESG; firm-level; and country-level data. While ESG and firm’s level data are taken from Refinitiv, country-level data are extracted from the World Bank. Using panel regression, the authors test the effect of firm- and country-specific variables on the overall ESG score and its pillars. Findings Results indicate that banks’ ESG scores are negatively affected by performance and positively affected by size. The level of economic development exerts a negative impact on the environmental pillar while the social development exerts a positive impact on ESG and governance pillar. Corruption is the only country-level that gathers a homogenous effect on ESG scores. Finally, the three pillars follow heterogeneous patterns. Originality/value This study extends the scope of previous studies by introducing new country-level independent variables to contribute to the understanding of ESG antecedents. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | LAURepo_5ce171ff4e15e6ffe5a094543a8f4087 |
| identifier_str_mv | 1059-5422 El Khoury, R., Nasrallah, N., & Alareeni, B. (2023). The determinants of ESG in the banking sector of MENA region: a trend or necessity?. Competitiveness Review: An International Business Journal, 33(1), 7-29. |
| language_invalid_str_mv | en |
| network_acronym_str | LAURepo |
| network_name_str | Lebanese American University repository |
| oai_identifier_str | oai:laur.lau.edu.lb:10725/14836 |
| publishDate | 2023 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| spelling | The determinants of ESG in the banking sector of MENA region: a trend or necessity?El Khoury, RimNasrallah, NohadeAlareeni, BahaaeddinPurpose As reporting environmental, social and governance (ESG) information is not yet mandatory in all countries, it is intriguing to understand ESG’s underlying driving mechanisms. This study aims to investigate ESG determinants in the banking sector of the Middle East and North Africa countries. Design/methodology/approach The authors gather data for 38 listed banks for the period 2011–2019. The data used is threefold as follows: data related to ESG; firm-level; and country-level data. While ESG and firm’s level data are taken from Refinitiv, country-level data are extracted from the World Bank. Using panel regression, the authors test the effect of firm- and country-specific variables on the overall ESG score and its pillars. Findings Results indicate that banks’ ESG scores are negatively affected by performance and positively affected by size. The level of economic development exerts a negative impact on the environmental pillar while the social development exerts a positive impact on ESG and governance pillar. Corruption is the only country-level that gathers a homogenous effect on ESG scores. Finally, the three pillars follow heterogeneous patterns. Originality/value This study extends the scope of previous studies by introducing new country-level independent variables to contribute to the understanding of ESG antecedents.Published2023-07-10T11:39:42Z2023-07-10T11:39:42Z20232023-01-09Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article1059-5422http://hdl.handle.net/10725/14836https://doi.org/10.1108/CR-09-2021-0118El Khoury, R., Nasrallah, N., & Alareeni, B. (2023). The determinants of ESG in the banking sector of MENA region: a trend or necessity?. Competitiveness Review: An International Business Journal, 33(1), 7-29.http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.phphttps://www.emerald.com/insight/content/doi/10.1108/CR-09-2021-0118/full/htmlenCompetitiveness Review: An International Business Journal incorporating Journal of Global Competitivenessinfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/148362024-07-10T11:33:14Z |
| spellingShingle | The determinants of ESG in the banking sector of MENA region: a trend or necessity? El Khoury, Rim |
| status_str | publishedVersion |
| title | The determinants of ESG in the banking sector of MENA region: a trend or necessity? |
| title_full | The determinants of ESG in the banking sector of MENA region: a trend or necessity? |
| title_fullStr | The determinants of ESG in the banking sector of MENA region: a trend or necessity? |
| title_full_unstemmed | The determinants of ESG in the banking sector of MENA region: a trend or necessity? |
| title_short | The determinants of ESG in the banking sector of MENA region: a trend or necessity? |
| title_sort | The determinants of ESG in the banking sector of MENA region: a trend or necessity? |
| url | http://hdl.handle.net/10725/14836 https://doi.org/10.1108/CR-09-2021-0118 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://www.emerald.com/insight/content/doi/10.1108/CR-09-2021-0118/full/html |