出版社：“Victor Slăvescu‿Centre for Financial and Monetary Research
摘要：The paper aims at assessing whether responsible banking behavior is a precursor and catalyst of banking profitability. Consequently, the paper will investigate the exogenous determinants of the EU sustainable banks’ profitability during the period 2006-2013. For the purpose of this study it has been considered the commercial banks resident in EU countries that voluntarily joined the United Nations Environment Program – Financial Initiative. The empirical study will be developed on several stages. First, explanatory variables comprising macroeconomic, institutional and public perception variables will be statistically processed. Secondly, it will be performed correlation analyses and Granger causality tests. Third, it will be employed a panel data regression with fixed effects, to account for those explanatory variables that boost or, on the contrary, compress sustainable banks’ profitability.
关键词：sustainable bank; profitability; macroeconomic;fundamentals; sentiment indicator; panel data regression
