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Green Banking In Romania

Author

Listed:
  • Dumitrascu Mihaela

    (Bucharest University of Economic Studies, Bucharest University of Economic Studies)

  • Feleagã Liliana

    (Bucharest University of Economic Studies,)

  • Feleagã Niculae

    (Bucharest University of Economic Studies,)

Abstract

The paper investigates the green banking in Romania, a new approach of conducting the banking business through considering the corporate social responsibility and environmental aspects. Nowadays, it is difficult to face the globalization and competition in order to asssure the implementation of the green banking practices. The aim of the present study is to identify corporations that have sustainability concerns. To achieve this objective, we set some hypothesis and after this we showed that the corporations are more likely to be included in the list of top banks in the world. Our study is relevant for future research in this area, because of the importance of such aspects in corporations nowadays.The conclusions of our study is that green banking practices in Romania is in an incipient stage

Suggested Citation

  • Dumitrascu Mihaela & Feleagã Liliana & Feleagã Niculae, 2014. "Green Banking In Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 617-624, July.
  • Handle: RePEc:ora:journl:v:1:y:2014:i:1:p:617-624
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    File URL: http://anale.steconomiceuoradea.ro/volume/2014/n1/066.pdf
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    References listed on IDEAS

    as
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    2. Idalina Dias‐Sardinha & Lucas Reijnders, 2005. "Evaluating environmental and social performance of large Portuguese companies: a balanced scorecard approach," Business Strategy and the Environment, Wiley Blackwell, vol. 14(2), pages 73-91, March.
    3. Tracy Artiach & Darren Lee & David Nelson & Julie Walker, 2010. "The determinants of corporate sustainability performance," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 50(1), pages 31-51, March.
    4. Giles Atkinson, 2000. "Measuring Corporate Sustainability," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 43(2), pages 235-252.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    green banking; corporate social responsibility; sustainability; Romania;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other

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