posted on 2025-03-12, 18:32authored bySüreyya Burcu Avci
Environmental sustainability is more important than social and governance pillars. Analyzing cross-border banking flows into real-sector firms across 26 developed countries from 2006 to 2017, the study finds a positive and significant relationship between country-level sustainability scores and banking flows. Using dynamic panel regression methods, this finding aligns with signaling theory, suggesting that a country's sustainability score attracts more international fund flows.
History
Language
English
Format
.pdf and online resource
Rights Statement
Copyright, Accountability in a Sustainable World Quarterly, CARE Center for Accounting Research and Education