UAM_Biblioteca

View Item 

Show simple item record

Do formal and informal institutions shape the influence of sustainable banking on financial development?

dc.contributor.authorÚbeda Mellina, Fernando 
dc.contributor.authorForcadell, Francisco Javier
dc.contributor.authorSuárez Suárez, Nuria 
dc.contributor.otherUAM. Departamento de Financiación e Investigación Comerciales_ES
dc.date.accessioned2022-03-11T11:58:11Z
dc.date.available2022-03-11T11:58:11Z
dc.date.issued2021-08-18
dc.identifier.citationFinance Research Letters 46. Part B (2022): 102391en_US
dc.identifier.issn1544-6123es_ES
dc.identifier.urihttp://hdl.handle.net/10486/700718
dc.description.abstractThis paper explores the moderating role of formal and informal institutions on the sustainable banking and financial development link. We compute an aggregated measure of sustainability in the banking sector for a sample of 46 countries for the period 2010-2018. Our results indicate that sustainable banking positively influences financial development only in countries with strong formal institutions. Nevertheless, informal institutions can generate the necessary trust in the banking sector, allowing the positive effect of sustainable banking on financial development in countries with weak formal institutions. The results are robust after controlling the potential endogeneity issuesen_US
dc.description.sponsorshipThe authors acknowledge financial support from the Spanish Ministry of Economy and Competitiveness, Project RTI2018-097447-B-I00 and PID2020-118064GB-I00, and from the Professorship Excellence Program in accordance with the multi-year agreement signed by the Government of Madrid and the Autonoma University of Madrid (Line #3)en_US
dc.format.extent9 pag.es_ES
dc.format.mimetypeapplication/pdfen
dc.language.isoenges_ES
dc.publisherElsevieren_US
dc.relation.ispartofFinance Research Lettersen_US
dc.rights© 2021 The Authorsen_US
dc.subject.otherCultureen_US
dc.subject.otherFinancial developmenten_US
dc.subject.otherFormal and informal institutionsen_US
dc.subject.otherReputationen_US
dc.subject.otherSustainable bankingen_US
dc.subject.otherTrusten_US
dc.titleDo formal and informal institutions shape the influence of sustainable banking on financial development?en_US
dc.typearticleen_US
dc.subject.ecienciaEconomíaes_ES
dc.relation.publisherversionhttps://doi.org/10.1016/j.frl.2021.102391es_ES
dc.identifier.doi10.1016/j.frl.2021.102391es_ES
dc.identifier.publicationfirstpage102391-1es_ES
dc.identifier.publicationlastpage102391-9es_ES
dc.identifier.publicationvolumeFinance Research Lettersen_US
dc.identifier.publicationvolume46. Part B
dc.relation.projectIDGobierno de España. RTI2018-097447-B-I00es_ES
dc.relation.projectIDGobierno de España. PID2020-118064GB-I00es_ES
dc.type.versioninfo:eu-repo/semantics/publishedVersionen
dc.rights.ccReconocimiento – NoComercial – SinObraDerivada
dc.rights.accessRightsopenAccesses_ES
dc.authorUAMÚbeda Mellina, Fernando Andrés (260599)
dc.authorUAMSuárez Suárez, Nuria (279769)
dc.facultadUAMFacultad de Ciencias Económicas y Empresariales


Files in this item

Thumbnail
Name:
formal_ubeda_fin.res.letters_2 ...
Size:
433.5Kb
Format:
PDF

This item appears in the following Collection(s)

Show simple item record