001461655 000__ 07537cam\a22006377a\4500 001461655 001__ 1461655 001461655 003__ OCoLC 001461655 005__ 20230503003404.0 001461655 006__ m\\\\\o\\d\\\\\\\\ 001461655 007__ cr\un\nnnunnun 001461655 008__ 230325s2023\\\\xx\a\\\\o\\\\\001\0\eng\d 001461655 020__ $$a3031248767 001461655 020__ $$a9783031248764$$q(electronic bk.) 001461655 0247_ $$a10.1007/978-3-031-24876-4$$2doi 001461655 035__ $$aSP(OCoLC)1373985702 001461655 040__ $$aEBLCP$$beng$$cEBLCP$$dGW5XE$$dOCLCF$$dN$T 001461655 049__ $$aISEA 001461655 050_4 $$aHG1505 001461655 08204 $$a332.1$$223/eng/20230328 001461655 24500 $$aCreating value and improving financial performance:$$binclusive finance and the ESG premium /$$cPaul Wachtel, Giovannie Ferri, Ewa Miklaszewska, editors. 001461655 260__ $$aCham, Switzerland :$$bPalgrave Macmillan,$$c2023. 001461655 300__ $$a1 online resource (xxxi, 268 pages) :$$billustrations (chiefly color). 001461655 4901_ $$aPalgrave Macmillan studies in banking and financial institutions,$$x2523-3378 001461655 500__ $$aIncludes index. 001461655 500__ $$a6.3 Data and Method 001461655 5050_ $$aIntro -- Introduction by the Editors -- Contents -- Notes on Contributors -- List of Figures -- List of Tables -- 1 The Market Reaction to Climate Risk: Evidence from the European Banking Industry -- 1.1 Introduction -- 1.2 Research Hypothesis and Related Literature -- 1.3 Sample Data and Methods -- 1.3.1 Variables and Univariate Analysis -- 1.4 Empirical Analysis and Results -- 1.5 Conclusion -- References -- 2 Dissecting the European ESG Premium vs the US: Is It All About Non-financial Reporting? -- 2.1 Introduction 001461655 5058_ $$a2.2 The Perception of the EU-US Gap in Terms of ESG Ratings by the Extant Literature -- 2.3 The ESG Score Gap Between EU and US Companies: Hypothesis Development -- 2.3.1 Sectoral Composition of Regional Groups of Companies -- 2.3.1.1 Relevance of the Industry/Sector -- 2.3.1.2 Hypothesis Development: Sectoral Composition -- 2.3.2 Sustainability Reporting Practices -- 2.3.2.1 The Regulatory Framework: Mandatory vs Voluntary Sustainability Reporting -- 2.3.2.2 The Determinants of Sustainability Reporting 001461655 5058_ $$a2.3.2.3 Sustainability Performance vs Sustainability Reporting: Emphasis on the Quality of Reporting -- 2.3.2.4 Recent Trends and Standards of Sustainability Reporting -- 2.3.2.5 Hypothesis Development: Sustainability Reporting Practices -- 2.4 Exploring the Gap: Results and Discussion -- 2.4.1 Methodology -- 2.4.2 Results and Discussion -- 2.4.2.1 Hypothesis 1: Sectoral Composition -- 2.4.2.2 Hypothesis 2: Sustainability Reporting Practices -- 2.4.3 Robustness Checks Through Econometric Analysis -- 2.5 Conclusions -- Annex -- References 001461655 5058_ $$a3 Loan Origination and Monitoring Guidelines: How Do ESG Indicators Affect Firms' Probability of Default? -- 3.1 Introduction -- 3.2 The Regulatory Framework: What Has Changed? -- 3.2.1 Internal Governance -- 3.2.2 The Procedures for Granting Loans -- 3.2.3 Pricing -- 3.2.4 Monitoring Framework -- 3.3 Literature Review -- 3.4 Database and Methodology -- 3.5 Results -- 3.6 Conclusion -- References -- 4 Using E from ESG in Systemic Risk Measurement -- 4.1 How Systemic Risk Affects Financial Institutions -- 4.2 Environmental Risk in Systemic Risk Analysis 001461655 5058_ $$a4.3 ESG Data for Systemic Risk Measurement -- 4.4 The E-Factor Model -- 4.5 Examples of the E-SRM Model Application to Stylized Data -- 4.6 Conclusions and Perspectives -- References -- 5 Corruption Disclosure in Banking: Insights from the Literature -- 5.1 Introduction -- 5.2 Corruption on the Banking Industry and the Lending Business -- 5.3 The Importance of Corruption Disclosure -- 5.4 Theoretical Frameworks for Corruption Disclosure -- 5.5 Conclusions -- References -- 6 Financial Competence and the Role of Non-cognitive Factors -- 6.1 Introduction -- 6.2 Literature Review 001461655 506__ $$aAccess limited to authorized users. 001461655 520__ $$aThis book discusses the transformation of the banking industry, particularly after a number of recent shocks: 2008 financial crisis, 2012 Euro-sovereign crisis, the pandemic COVID-19 crisis, the technological revolution, and reputational problems in banking due to climate risk and ESG (Environmental, Social and Governance) metrics. The book emphasizes two post-pandemic issues: the role of financial education and inclusive finance, and responsible banking and ESG priorities. Individual chapters analyse how the pandemic shed new light on social and governance responsibilities: Major issues include the importance and efficiency of financial education, and the impact of ESG programs on firms value, banks probability of default, bank business models and reputation risk. The book also addresses investors behaviour and the factors which may bias financial disclosure and reporting. By addressing whether the post-2008 crisis bank restructuring has effectively created a resilient and sustainable banking system mostly from the European markets perspective the book will be of interest to researchers, academics, policy makers, and professionals of banking and financial institutions. Paul Wachtel is Professor Emeritus of Economics at the Stern School of Business, New York University. His research has been published in numerous journals, focusing on monetary policy, central banking and financial sector development. He was the co-editor of Comparative Economic Studies and is an Associate Editor of the Journal of Banking and Finance. Giovanni Ferri is Professor of Economics at the Department of Law, Economics, Political Sciences and Modern Languages at LUMSA University. He also co-founded and chairs the master in management of SDGs and the Center for Relationship Banking & Economics, which fosters research for a better understanding of relational goods to promote societys wellbeing. Ewa Miklaszewska is Professor of Economics at Cracow University of Economics, Poland, where she chairs the Department of Banking and Global Financial System, alongside being a guest lecturer at the Institute of Economics, Finance and Management of the Jagiellonian University. She is also a committee member of the European Association of University Teachers in Banking and Finance (The Wolpertinger Club). 001461655 588__ $$aDescription based on print version record. 001461655 650_0 $$aBanks and banking. 001461655 650_0 $$aFinancial services industry. 001461655 650_0 $$aFinancial crises. 001461655 655_0 $$aElectronic books. 001461655 7001_ $$aWachtel, Paul,$$d1945-$$eeditor. 001461655 7001_ $$aFerri, Giovanni,$$d1957-$$eeditor. 001461655 7001_ $$aMiklaszewska, Ewa,$$eeditor. 001461655 77608 $$iPrint version:$$aWachtel, Paul$$tCreating Value and Improving Financial Performance$$dCham : Springer International Publishing AG,c2023$$z9783031248757 001461655 830_0 $$aPalgrave Macmillan studies in banking and financial institutions.$$x2523-3378 001461655 852__ $$bebk 001461655 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-031-24876-4$$zOnline Access$$91397441.1 001461655 909CO $$ooai:library.usi.edu:1461655$$pGLOBAL_SET 001461655 980__ $$aBIB 001461655 980__ $$aEBOOK 001461655 982__ $$aEbook 001461655 983__ $$aOnline 001461655 994__ $$a92$$bISE