ESG compliance and financial performance: a comparative study of Islamic and conventional banks in the MENAT region
ESGコンプライアンスと財務パフォーマンス：MENAT地域におけるイスラム銀行と従来型銀行の比較研究 (AI 翻訳)
R. Salem, Muhammed Abualazm
🤖 gxceed AI 要約
日本語
本研究は、MENA地域（トルコ含む）のイスラム銀行と従来型銀行におけるESGコンプライアンスが財務パフォーマンスに与える影響を分析。43行のパネルデータ（2018-2022年）を用い、システムGMM推計により非線形効果を発見。イスラム銀行では中程度のESG取組みがROAを向上させる凸型関係、従来型銀行では初期コスト後に効果が現れる凹型関係が確認された。ESGの各次元の影響は異なり、規制環境やガバナンス構造の違いが示唆される。
English
This study analyzes how ESG compliance affects the financial performance of Islamic and conventional banks in the MENAT region. Using panel data from 43 banks (2018-2022) and system GMM, it finds nonlinear relationships: Islamic banks exhibit a concave pattern where moderate ESG improves ROA, while conventional banks show convex effects with initial costs turning beneficial. ESG dimensions have heterogeneous impacts, highlighting the need for model-specific strategies and stronger disclosure standards.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
本論文はMENAT地域が対象だが、ESGと財務パフォーマンスの非線形関係を示す点で、日本の金融機関がESG統合を検討する際に参考になる。特に、異なる銀行モデルに応じたESG戦略の重要性は、日本企業の海外展開にも示唆を与える。
In the global GX context
This paper contributes to the global discussion on ESG and financial performance by revealing nonlinear dynamics in banking. It underscores the need for disclosure standards that account for institutional differences, relevant for international regulators and sustainable finance frameworks.
👥 読者別の含意
🔬研究者:Provides novel evidence of nonlinear ESG-performance links and institutional differences between Islamic and conventional banks.
🏢実務担当者:Banks can use findings to calibrate ESG involvement strategies to avoid diminishing returns or initial cost traps.
🏛政策担当者:Highlights the need for tailored ESG disclosure standards and sustainable finance instruments that accommodate different banking models.
📄 Abstract（原文）
This study aims to examine how environmental, social and governance (ESG) compliance affects the financial performance of Islamic and conventional banks in the MENAT region, addressing a gap in understanding ESG’s role within Shariah-compliant banking. Using panel data from 43 banks (2018–2022) and a system Generalized Method of Moments estimator, this study evaluates the impact of overall ESG scores on profitability and conducts an exploratory assessment of the ESG dimensions. ESG influences profitability in both banking models but in nonlinear ways. Islamic banks exhibit a concave relationship, where moderate ESG engagement enhances ROA before marginal benefits decline. Conventional banks display a convex pattern: ESG initially imposes costs but becomes beneficial at higher adoption levels. ESG dimensions show heterogeneous effects reflecting differences in governance structures and regulatory environments. Results highlight the need for banking-model-specific ESG strategies. Policymakers should strengthen disclosure standards and support sustainable finance instruments, while banks can enhance performance by aligning ESG initiatives with their operational and ethical frameworks. This study provides one of the first comparative analyses of ESG–performance dynamics in Islamic and conventional banks in the MENAT region, offering new evidence on non-linear effects and institutional differences in sustainability integration.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.1108/raf-08-2024-0333first seen 2026-05-15 18:53:29 · last seen 2026-06-10 05:20:54
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。