The effect of sustainability reporting on bank risk-taking and sustainable growth rate.
サステナビリティ報告が銀行のリスクテイクと持続可能な成長率に与える影響 (AI 翻訳)
E. Agha, F. O. Ashogbon
🤖 gxceed AI 要約
日本語
ナイジェリアの銀行を対象に、ESG開示がリスクテイク（不良債権比率）と持続可能な成長率に与える影響を分析。環境開示が資産品質向上に最も効果的である一方、ESGと持続可能な成長率の関係は有意でなかった。新興国の制度が弱い文脈でのエビデンスを提供。
English
This study examines the effect of ESG disclosure on bank risk-taking (measured by non-performing loans) and sustainable growth rate using Nigerian bank data from 2014-2023. Environmental disclosure significantly reduces risk-taking, but ESG has no significant impact on sustainable growth. The findings provide empirical evidence from a developing country with weak institutional frameworks.
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
日本ではSSBJ基準の策定が進む中、新興国のESG開示の効果に関するエビデンスは日本企業の海外子会社管理や投資判断に示唆を与える可能性がある。ただし対象はナイジェリアであり、直接的な政策連動は限定的。
In the global GX context
This paper adds to the global debate on ESG disclosure effectiveness, particularly in weak enforcement environments. While Nigeria-specific, it highlights that environmental disclosure may reduce risk, relevant for international investors assessing emerging market banks.
👥 読者別の含意
🔬研究者:Provides evidence on ESG disclosure effects in a developing country context, useful for researchers studying sustainability reporting in weak institutional settings.
🏢実務担当者:Nigerian banks and regulators can use findings to understand the risk-reduction benefits of environmental disclosure; global banks may consider similar effects in other emerging markets.
🏛政策担当者:Emerging market regulators can note that ESG disclosure, especially environmental, may improve bank asset quality, supporting case for mandatory reporting.
📄 Abstract（原文）
This study examines the effects of sustainability reporting, using environmental, social, and governance (ESG) disclosure practices, on banks’ risk-taking and sustainable growth rates (SGR). The study was motivated by the need to provide empirical evidence on the relevance of sustainability reporting in a developing country with a weak institutional framework and limited enforcement. Using ESG disclosure scores data from Bloomberg for banks listed on the Nigerian Stock Exchange (NGX) from 2014 to 2023, we model ESG aggregate and disaggregate dimensions as explanatory variables, with the non-performing loans (NPL) ratio and SGR as dependent variables, based on stakeholder theory. The panel corrected standard error (PCSE) and two-stage least squares (2SLS) models addressed endogeneity issues. Our findings reveal that ESG disclosures have a negative and significant impact on bank risk-taking, with the environmental disclosure dimension having the most substantial effect on improving banks’ asset quality. Also, ESG had a negative and insignificant relationship with the SGR and net interest margin, financial leverage, and net income per employee are positive and significant determinants of sustainable growth. The research contributes to the existing literature on sustainability reporting, providing both theoretical and practical implications amid the growing trend of ESG rollbacks worldwide.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.22495/cgsrv10i2p12first seen 2026-05-05 23:04:22
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