吉林金融研究
吉林金融研究
길림금융연구
JILIN FINANCE RESEARCH
2014年
8期
36-43
,共8页
赤道原则%企业社会责任%财务绩效
赤道原則%企業社會責任%財務績效
적도원칙%기업사회책임%재무적효
Equator Principle%CSR,%Financial Performance
本文以赤道原则为例,对企业社会责任和财务绩效之间的关系进行了实证研究。运用最早的10家赤道银行2005-2012年的面板数据构建回归模型,探究金融机构采纳赤道原则与盈利间是否相关,如何相关。结果表明,在充分考虑滞后的前提下,金融机构在低风险C类项目、基础设施和可再生能源、新兴市场国家三类融资数目均与盈利正相关。文章最后提出结合国情引入赤道原则并保证融资方针连续性的建议。
本文以赤道原則為例,對企業社會責任和財務績效之間的關繫進行瞭實證研究。運用最早的10傢赤道銀行2005-2012年的麵闆數據構建迴歸模型,探究金融機構採納赤道原則與盈利間是否相關,如何相關。結果錶明,在充分攷慮滯後的前提下,金融機構在低風險C類項目、基礎設施和可再生能源、新興市場國傢三類融資數目均與盈利正相關。文章最後提齣結閤國情引入赤道原則併保證融資方針連續性的建議。
본문이적도원칙위례,대기업사회책임화재무적효지간적관계진행료실증연구。운용최조적10가적도은행2005-2012년적면판수거구건회귀모형,탐구금융궤구채납적도원칙여영리간시부상관,여하상관。결과표명,재충분고필체후적전제하,금융궤구재저풍험C류항목、기출설시화가재생능원、신흥시장국가삼류융자수목균여영리정상관。문장최후제출결합국정인입적도원칙병보증융자방침련속성적건의。
The purpose of this study is to cite the Equator Principles to identify relationships between corporate social responsibility and financial performance. Based on the statistics of the 10 earliest EPFIs from 2005-2012, we use panel data to build regression model in order to identify whether and how adopting Equator Principles is relevant to making profit. According to the result, under full consideration of lagging, the profit of financial institution is positively correlated to the number of financing of low-risk project C, infrastructure and renewable energy, emerging market countries. At the end of the article, we offer some suggestions on adopting the Equator Principles combined with our national condition and ensuring the continuity of financing guideline.