The Impact of Bank Riskiness on the Quality of ESG Disclosure: Empirical Evidence From European Banks
研究了2012-2018年间28个欧洲国家50家上市银行的风险水平与ESG披露得分的关系，发现高风险银行更可能提高ESG披露以改善声誉。
ABSTRACT The present study aims to inquire into the relationship between bank risk profile and ESG disclosure score. A sample of 50 listed banks from 28 European countries was analyzed in the timespan 2012–2018. Results revealed a positive relationship between bank risk and ESG disclosure score, confirming the likelihood of predatory banks increasing their ESG disclosure to mitigate the impact of risk‐taking activities and improve their reputation toward customers. Theoretical and practical implications arose from the study, suggesting that greater attention should be given to bank risk management due to the relevance of financial institutions for the stability of the system and prevent them from assuming ESG misconduct.