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The Impact of Sustainable Policy on Financial Performance in the Romanian Banking System

Author

Listed:
  • Carmen GHELASE

    (Dunarea de Jos University of Galati, Romania)

  • Mihaela NECULITA

    (Dunarea de Jos University of Galati, Romania)

  • Arabela ICHIM

    (Dunarea de Jos University of Galati, Romania)

Abstract

Research on the relationship between sustainability and financial performance (expressed in specific profitability indicators, from the perspective of the 3 ESG factors) was carried out in the banking system. The abstract analyzes the effects of the 3 dimensions of sustainability (economic/environmental/social) on the financial performances of the first top 3 banks in the Romanian system, the market share in the banking sector being relevant and also taking into account the fact that the banks are the first to realize sustainability reports.

Suggested Citation

  • Carmen GHELASE & Mihaela NECULITA & Arabela ICHIM, 2023. "The Impact of Sustainable Policy on Financial Performance in the Romanian Banking System," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 157-165.
    • Handle: RePEc:ddj:fseeai:y:2023:i:2:p:157-165
    DOI: 10.35219/eai15840409350
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    References listed on IDEAS

    as
    1. Ali Abdelfattah Hamdan Zyadat, 2017. "The Impact of Sustainability on the Financial Performance of Jordanian Islamic Banks," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(1), pages 55-63, January.
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