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Nexus between Green Finance, Creativity, Energy Accounting and Financial Performance: Banks Sustainability Analysis from Developing Country

Author

Listed:
  • Ade Banani

    (Faculty of Economics and Business, Universitas Jenderal Soedirman, Indonesia.)

  • Bambang Sunarko

    (Faculty of Economics and Business, Universitas Jenderal Soedirman, Indonesia.)

Abstract

Financial performance of financial institution especially banking sector is the essential element for economic growth and capture the attention of regulators and recent literature. Thus, this paper studies the effect of accessibility to green finance and conventional bank funding. Energy accounting and creativity on the banking sector's fiscal performance of developing countries. For this purpose, data was collected from the financial statements of twenty central banks of developing countries from 2009 to 2020. Generalized method of moments and random model is used to test the study hypotheses. Obtained results indicated that green investment, green credit, energy accounting and creativity are positive correlated with the financial performance of the banking sector in developing countries. This study provides guidelines to the policy-making authorities while developing regulations related to financial performance, green finance availability, and creativity.

Suggested Citation

  • Ade Banani & Bambang Sunarko, 2022. "Nexus between Green Finance, Creativity, Energy Accounting and Financial Performance: Banks Sustainability Analysis from Developing Country," International Journal of Energy Economics and Policy, Econjournals, vol. 12(6), pages 447-455, November.
    • Handle: RePEc:eco:journ2:2022-06-55
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    More about this item

    Keywords

    effeciency; financial performance; creativity; bank performance; green finance; conventional banks;
    All these keywords.

    JEL classification:

    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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