Assessing the Relationship Between Environmental Performance and Banks’ Performance: Preliminary Evidence

摘要: The question of whether it pays to be green has been addressed by many studies, but despite the growing number works, debate about relationship between environmental performance, disclosure, and banks’ performance is still unresolved, mixed results have found. This work explored financial using a sample 57 EU15 listed banks. Moreover, applying value relevance methodology, we analyzed market values, performance. Our findings reveal strong evidence disclosure.