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Investigation of Financial Performance Indicators Affecting Corporate Sustainability of Participation Banks

Author

Listed:
  • Fatih Akbaş

    (Ordu University)

  • Ferudun Kaya

    (Bolu Abant İzzet Baysal University)

Abstract

The aim of this study is to determine the financial characteristics of participation banks with good sustainability performance by examining the financial performance indicators. Data of 30 banks/year covering the years 2015-2020 of 5 participation banks operating in turkey were used. As a result of the analysis made with the panel data method, the financial performance ratio, which has the highest impact on the corporate sustainability of participation banks, is the ratio of profit before tax to assets. In addition, there is a statistically significant and positive relationship between the corporate sustainability of participation banks, the profitability of active resources and the size of participation banks. Therefore, as the profitability and size of participation banks increase, their sustainability increases.

Suggested Citation

  • Fatih Akbaş & Ferudun Kaya, 2022. "Investigation of Financial Performance Indicators Affecting Corporate Sustainability of Participation Banks," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 37(117), pages 159-176, April.
    • Handle: RePEc:acc:malfin:v:37:y:2022:i:117:p:159-176
    DOI: https://doi.org/10.33203/mfy.1069368
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    References listed on IDEAS

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    1. Thomas Dyllick & Kai Hockerts, 2002. "Beyond the business case for corporate sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 11(2), pages 130-141, March.
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    More about this item

    Keywords

    Participation Banks; Corporate Sustainability; Financial Performance; Panel Data Analysis;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • 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

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