| dc.contributor.author | Ubeda, Fernando | |
| dc.contributor.author | Forcadell, Francisco Javier | |
| dc.contributor.author | Suárez, Nuria | |
| dc.date.accessioned | 2023-11-28T12:23:31Z | |
| dc.date.available | 2023-11-28T12:23:31Z | |
| dc.date.issued | 2022 | |
| dc.identifier.citation | Úbeda, F., Forcadell, F. J., & Suárez, N. (2022). Do formal and informal institutions shape the influence of sustainable banking on financial development? Finance Research Letters, 46, 102391. | es |
| dc.identifier.issn | 1544-6131 | |
| dc.identifier.uri | https://hdl.handle.net/10115/26622 | |
| dc.description.abstract | This paper explores the moderating role of formal and informal institutions on the sustainable
banking and financial development link. We compute an aggregated measure of sustainability in
the banking sector for a sample of 46 countries for the period 2010-2018. Our results indicate that
sustainable banking positively influences financial development only in countries with strong
formal institutions. Nevertheless, informal institutions can generate the necessary trust in the
banking sector, allowing the positive effect of sustainable banking on financial development in
countries with weak formal institutions. The results are robust after controlling the potential
endogeneity issues. | es |
| dc.language.iso | eng | es |
| dc.publisher | Elsevier | es |
| dc.rights | Attribution-NonCommercial-NoDerivs 4.0 International | |
| dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0/ | |
| dc.title | Do formal and informal institutions shape the influence of sustainable banking on financial development? | es |
| dc.type | info:eu-repo/semantics/article | es |
| dc.identifier.doi | 10.1016/j.frl.2021.102391 | es |
| dc.rights.accessRights | info:eu-repo/semantics/openAccess | es |
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 4.0 International