Is China's banking industry embracing sustainable investment?

被引:3
|
作者
Li, Xiaojia [1 ]
Yin, Haitao [1 ]
Liu, Jiaxin [2 ]
机构
[1] Shanghai Jiao Tong Univ, Antai Coll Econ & Management, 1954 Huashan Rd, Shanghai 200030, Peoples R China
[2] Shanghai Univ Finance & Econ, Coll Business Adm, Shanghai, Peoples R China
基金
中国国家自然科学基金;
关键词
Sustainable investment; banking industry; China; green credit policy; G10; Q56; Q58;
D O I
10.1080/13504851.2017.1418065
中图分类号
F [经济];
学科分类号
02 ;
摘要
Built upon an analysis of 2858 publicly listed companies in China, we found that although polluting companies historically received more loans from banks than nonpolluting companies, this trend has recently changed in China. Polluting companies receive fewer loans from banks and the borrowing cost increases over time. This suggests that the Chinese banking industry is becoming more environmentally responsible in its loan decision-making.
引用
收藏
页码:1269 / 1272
页数:4
相关论文
共 50 条
  • [21] Measurement and prediction of systemic risk in China?s banking industry
    Zhang, Xiaoming
    Zhang, Xinsong
    Zhao, Yue
    Lee, Chien-Chiang
    [J]. RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2023, 64
  • [22] Structure and Risk Analysis in China's Banking Industry System
    Min, Liu
    [J]. PROCEEDINGS OF CHINA-CANADA WORKSHOP ON FINANCIAL ENGINEERING AND ENTERPRISE RISK MANAGEMENT 2013, 2013, : 95 - 100
  • [23] Sustainable business model archetypes for the banking industry
    Yip, Angus W. H.
    Bocken, Nancy M. P.
    [J]. JOURNAL OF CLEANER PRODUCTION, 2018, 174 : 150 - 169
  • [24] OUTWARD FOREIGN DIRECT INVESTMENT OF CHINA'S BANKING SECTOR: DETERMINANTS AND MOTIVATIONS
    Zhao, Yuhua
    Ozdemir, Nilufer
    Zhang, Ren
    An, Lian
    [J]. SINGAPORE ECONOMIC REVIEW, 2022, 67 (02): : 685 - 707
  • [25] Sustainable Development of China's Cement and Concrete Industry
    Ma, Xinwei
    [J]. ADVANCED BUILDING MATERIALS AND SUSTAINABLE ARCHITECTURE, PTS 1-4, 2012, 174-177 : 600 - 603
  • [26] Approaches for Sustainable Development of China's Energy Industry
    Yang Zhongpei Guodian Chuanyu Corporation
    [J]. Electricity, 2007, (03) : 16 - 18
  • [27] Factors that Impact Customer Loyalty in the Investment Banking Industry
    Dempere, Juan M.
    [J]. REVIEW OF BUSINESS, 2011, 31 (02): : 51 - 68
  • [28] Impact of the Global Financial Crisis on the Investment Banking Industry
    Podoliakova, Katarina Oravikova
    [J]. PROCEEDINGS OF THE 7TH INTERNATIONAL CONFERENCE ON CURRENCY, BANKING AND INTERNATIONAL FINANCE - HOW DOES CENTRAL AND EASTERN EUROPE COPE UP WITH THE GLOBAL FINANCIAL CRISIS?, 2012, : 245 - 257
  • [30] The Investment Status and Financial Problems of China's PV Industry
    Zhang Haixia
    Sun Xu
    [J]. PROCEEDINGS OF THE 12TH EURO-ASIA CONFERENCE ON ENVIRONMENT AND CSR: TOURISM, SOCIETY AND EDUCATION SESSION, PT II, 2016, : 236 - 242