Finance as a Driver of Corporate Social Responsibility

By Bert Scholtens. 2006

522 citations recorded by the source corpus.

Subfields: Accounting, Finance, Information Systems

View Paper: https://www.semanticscholar.org/paper/22b3605d6856febb4355e3e02fb775d1f8d2643f

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Citations in the corpus

Corporate Environmental Responsibility and Firm Performance in the Financial Services Sector (2014, unknown): “…who find it hard to get access to finance from conventional institutions because private households have the opportunity to save or invest their money not only on the basis of financial rewards, but also in the face of the nonmonetary value of savings and investments (Scholtens 2006, 2009).”
THE ROLE OF SUSTAINABLE FINANCE IN ACHIEVING SUSTAINABLE DEVELOPMENT GOALS: DOES IT WORK? (2020, background): “ Literature review Scholtens (2006) emphasizes finance as a driver of sustainability, especially through socially responsible investments (Waring & Edwards, 2008).”
Corporate Social Responsibility: Is it Rewarded by the Corporate Bond Market? A Critical Note (2010, background): “Lenders therefore have the quantitative potential and – as discussed below – also the incentive to convince companies to exercise responsible behaviour (Scholtens, 2006).”
The Effect of Green Finance on Energy Sustainable Development: A Case Study in China (2019, background): “Some studies have discussed the relationship of green finance, green economy, and sustainable development from the macro perspective (Jeucken 2006; Rogger, Beaurain, and Schmidt 2011; Scholtens 2006).”
Vive la Différence: Social Banks and Reciprocity in the Credit Market (2013, unknown): “They thus act, at least partly, as drivers of corporate social responsibility (Scholtens 2006) or ‘‘philanthropic intermediaries’’ (Benabou and Tirole 2010).”
The financial sector's impact on sustainable development (2014, background): “But still, the impact on sustainable development usually does not play a role with the exception to social banking and impact investing (Monitor institute 2009; Morgan 2010) though the financial sector could be driver in achieving sustainable development (Scholtens 2006).”
Sustainable Development and Financial Markets (2016, background): “…banks, retail investors, and institutional investors play a central role in the economic realm, the same argument applies to sustainable development (Clark & Hebb, 2005; Scholtens, 2006): Whatever form sustainable development takes, banks and investors can be seen as key drivers—or obstacles to it.”
ESG practices and the cost of debt: Evidence from EU countries (2019, background): “…and recent empirical studies supporting the notion that ESG practices and ﬁrm proﬁtability are not inversely related have started to emerge (Scholtens, 2006; Scholtens, 2009; Zeidan, Boechat, & Fleury, 2015), indicating that ﬁrms’ proﬁtability is no longer enough for lending institutions…”
Dynamics of Lending-Based Prosocial Crowdfunding: Using a Social Responsibility Lens (2018, background): “Our findings offer important insights into theoretical boundary conditions of social responsibility beyond traditional financial linkages (Scholtens 2006).”
Corporate social responsibility and earnings management in U.S. banks (2014, background): “Banks constitute pivotal and indispensable institutions for the operation of businesses and the broader economy as a whole (Scholtens, 2006, 2009).”