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題名 有關越南銀行的ESG
About the ESG of Vietnamese Banks
作者 陶翠安
Dao, Thuy-An
貢獻者 蔡政憲
Jason Tsai
陶翠安
Dao, Thuy-An
關鍵詞 治理
環境
社會及
銀行
ESG
Bank
Performance
NIM
COVID-19
日期 2024
上傳時間 5-Aug-2024 13:47:43 (UTC+8)
摘要 本研究調查了環境、社會和治理 (ESG) 政策與銀行績效之間的聯繫,特別關注 2017 年至 2021 年的淨利差 (NIM),其中包括 COVID-19 大流行期間。該研究採用混合方法(定量和定性),調查了歐洲、美國和台灣 ESG 表現最佳的銀行的 ESG 政策,並採訪了越南銀行經理。關於計量經濟學問題並收集最可信的結果,結果顯示差異化國家資訊管理與環境支柱之間存在積極且顯著的聯繫。 根據這項研究,我們可以看到,仍然有一些與ESG相關的行動可以幫助銀行在困難時期減少損失。 Běn yánjiū diàochále huánjìng, shèhuì hé zhìlǐ (ESG) zhèngcè yǔ yínháng jīxiào zhī jiān de liánxì, tèbié guānzhù 2017 nián zhì 2021 nián de jìnglì chā (NIM), qízhōng bāokuò COVID-19 dà liúxíng qíjiān. Gāi yánjiū cǎiyòng hùnhé fāngfǎ (dìngliàng hé dìngxìng), diàochále ōuzhōu, měiguó hé táiwān ESG biǎoxiàn zuì jiā de yínháng de ESG zhèngcè, bìng cǎifǎngle yuènán yínháng jīnglǐ. Guānyú jìliàng jīngjì xué wèntí bìng shōují zuì kě xìn de jiéguǒ, jiéguǒ xiǎnshì chāyì huà guójiā zīxùn guǎnlǐ yǔ huánjìng zhīzhù zhī jiān cúnzài jījí qiě xiǎnzhù de liánxì. Gēnjù zhè xiàng yánjiū, wǒmen kěyǐ kàn dào, réngrán yǒu yīxiē yǔ ESG xiāngguān de xíngdòng kěyǐ bāngzhù yínháng zài kùnnán shíqí jiǎnshǎo sǔnshī.
This study investigates the link between environmental, social, and governance (ESG) policies and bank performance, with a particular focus on Net Interest Margin (NIM) from 2017 to 2021, which includes the COVID-19 pandemic period. Using a mixed-methods approach (quantitative and qualitative), the study investigates ESG policies of top ESG-performing banks in Europe, the United States, and Taiwan and includes interviews with Vietnamese bank managers. Regarding econometric issues and collecting the most credible result, the results show a positive and significant linkage between differencing NIM and the Environmental pillar. Based on this study, we can see that there are still actions related to ESG that could help the bank lessen the loss during difficult times.
參考文獻 1. ESG reports from 25 banks. 2. Tommaso & Thornton. (2020). Do ESG scores effect bank risk taking and value? Evidence. Corporate Social Responsibility and Environmental Management, Wiley. 3. Agnese, G. (2023). Bank's funding costs: Do ESG factors really matter? Finance Research Letters. 4. Asian Development Bank and World Bank Group. (2021). CLIMATE RISK COUNTRY PROFILE VIETNAM. Asian Development Bank and World Bank Group. 5. Azmi. (2021). ESG activities and banking performance: International evidence from emerging economies. Journal of International Financial Markets, Institutions and Money. 6. Bruno. (2021). An Overview of the European Policies on ESG in the Banking Sector. Sustainability . 7. Bruno, I. G. (2024). Bank credit loss and ESG performance. Finance Research Letters. 8. Catherine M. Clarkin, Melissa Sawyer, and Joshua L. Levin, Sullivan & Cromwell LLP. (2020). The Rise of Standardized ESG Disclosure Frameworks in the United States. Retrieved from https://corpgov.law.harvard.edu/: https://corpgov.law.harvard.edu/2020/06/22/the-rise-of-standardized-esg-disclosure-frameworks-in-the-united-states/ 9. Center, T. C. (n.d.). ESG Introduction. Retrieved from https://cgc.twse.com.tw: https://cgc.twse.com.tw/frontEN/responsibility 10. Chounee, D. (2023). The Impact of ESG On the Performance of European Banks During the Covid-19 Pandemic. 46th ISTANBUL International Conference on Studies in “Humanities, Social Sciences and Management. ISTANBUL. 11. Commission, E. (n.d.). Corporate sustainability and responsibility. Retrieved from Internal Market, Industry, Entrepreneurship and SMEs: https://single-market-economy.ec.europa.eu/industry/sustainability/corporate-sustainability-and-responsibility_en#esg-environmental-social-and-corporate-governance 12. Eddie Chan, Helen Hai-Ning Huang. (2024). ESG in Taiwan: a new dawn or just ‘flowers in the mirror’? Retrieved from https://www.iflr.com/: https://www.iflr.com/article/2d14lj79tmu66vnpk0b28/sponsored/esg-in-taiwan-a-new-dawn-or-just-flowers-in-the-mirror 13. Financial Supervisory Commission Republic of Taiwan. (n.d.). Retrieved from https://www.fsc.gov.tw/ch/index.jsp 14. Jaiwani. (2023). Do private and public sector banks respond to ESG in the same way? Some evidences from India. Benchmarking: An International Journal. 15. Liu, J. a. (2023). Does ESG performance reduce banks’ nonperforming loans? Finance Research Letters. 16. Loan. (2024). ESG disclosure and financial performance: Empirical study of Vietnamese commercial banks. Banks and Bank Systems. 17. LSEG, M. (n.d.). LSEG ESG Scores. Retrieved from lseg.com: https://www.lseg.com/en/data-analytics/sustainable-finance/esg-scores 18. Mana Behbin, Kelly L.Gibson, Elizabeth S.Goldberg. (2024). ESG INVESTING: THE US REGULATORY PERSPECTIVE. Retrieved from morganlewis.com: https://www.morganlewis.com/pubs/2024/03/esg-investing-the-us-regulatory-perspective 19. MATTHEW BISANZ,ANDREW OLMEM,. (2022). PRINCIPLES FOR US ESG REGULATION RELEASED BY AMERICAN BANKERS ASSOCIATION. Retrieved from mayerbrown.com: https://www.mayerbrown.com/en/insights/publications/2022/06/principles-for-us-esg-regulation-released-by-american-bankers-association 20. Nina Lakhani and Dominic Rushe. (2024). US banks abandon ‘bare minimum’ environmental standards project, alarming climate groups. https://www.theguardian.com/. 21. Rocío Redondo Alamillos and Frédéric de Mariz. (2022). How Can European Regulation on ESG Impact Business Globally? Journal of Risk and Financial Management. 22. Tseng Ken-Ying, Helen Huang Hai-Ning. (n.d.). A regional comparison of ESG regulations: Taiwan. Retrieved from https://law.asia: https://law.asia/comparison-of-esg-regulations-taiwan/ 23. VIETNAM, J. S. (2024). SOLID FOUNDATION FOR FUTURE VALUE. Hanoi: BIDV. 24. Witold Henisz, Tim Koller, and Robin Nuttall. (2019). Five ways that ESG creates value. McKinsey. 25. Yuen. (2022). The environment, social and governance (ESG) activities and profitability under COVID-19: evidence from the global banking sector. Journal of Economics and Development.
描述 碩士
國立政治大學
國際經營管理英語碩士學位學程(IMBA)
111933045
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0111933045
資料類型 thesis
dc.contributor.advisor 蔡政憲zh_TW
dc.contributor.advisor Jason Tsaien_US
dc.contributor.author (Authors) 陶翠安zh_TW
dc.contributor.author (Authors) Dao, Thuy-Anen_US
dc.creator (作者) 陶翠安zh_TW
dc.creator (作者) Dao, Thuy-Anen_US
dc.date (日期) 2024en_US
dc.date.accessioned 5-Aug-2024 13:47:43 (UTC+8)-
dc.date.available 5-Aug-2024 13:47:43 (UTC+8)-
dc.date.issued (上傳時間) 5-Aug-2024 13:47:43 (UTC+8)-
dc.identifier (Other Identifiers) G0111933045en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/152754-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 國際經營管理英語碩士學位學程(IMBA)zh_TW
dc.description (描述) 111933045zh_TW
dc.description.abstract (摘要) 本研究調查了環境、社會和治理 (ESG) 政策與銀行績效之間的聯繫,特別關注 2017 年至 2021 年的淨利差 (NIM),其中包括 COVID-19 大流行期間。該研究採用混合方法(定量和定性),調查了歐洲、美國和台灣 ESG 表現最佳的銀行的 ESG 政策,並採訪了越南銀行經理。關於計量經濟學問題並收集最可信的結果,結果顯示差異化國家資訊管理與環境支柱之間存在積極且顯著的聯繫。 根據這項研究,我們可以看到,仍然有一些與ESG相關的行動可以幫助銀行在困難時期減少損失。 Běn yánjiū diàochále huánjìng, shèhuì hé zhìlǐ (ESG) zhèngcè yǔ yínháng jīxiào zhī jiān de liánxì, tèbié guānzhù 2017 nián zhì 2021 nián de jìnglì chā (NIM), qízhōng bāokuò COVID-19 dà liúxíng qíjiān. Gāi yánjiū cǎiyòng hùnhé fāngfǎ (dìngliàng hé dìngxìng), diàochále ōuzhōu, měiguó hé táiwān ESG biǎoxiàn zuì jiā de yínháng de ESG zhèngcè, bìng cǎifǎngle yuènán yínháng jīnglǐ. Guānyú jìliàng jīngjì xué wèntí bìng shōují zuì kě xìn de jiéguǒ, jiéguǒ xiǎnshì chāyì huà guójiā zīxùn guǎnlǐ yǔ huánjìng zhīzhù zhī jiān cúnzài jījí qiě xiǎnzhù de liánxì. Gēnjù zhè xiàng yánjiū, wǒmen kěyǐ kàn dào, réngrán yǒu yīxiē yǔ ESG xiāngguān de xíngdòng kěyǐ bāngzhù yínháng zài kùnnán shíqí jiǎnshǎo sǔnshī.zh_TW
dc.description.abstract (摘要) This study investigates the link between environmental, social, and governance (ESG) policies and bank performance, with a particular focus on Net Interest Margin (NIM) from 2017 to 2021, which includes the COVID-19 pandemic period. Using a mixed-methods approach (quantitative and qualitative), the study investigates ESG policies of top ESG-performing banks in Europe, the United States, and Taiwan and includes interviews with Vietnamese bank managers. Regarding econometric issues and collecting the most credible result, the results show a positive and significant linkage between differencing NIM and the Environmental pillar. Based on this study, we can see that there are still actions related to ESG that could help the bank lessen the loss during difficult times.en_US
dc.description.tableofcontents 1. INTRODUCTION 1 2. BEST ESG PRACTICES FROM THE EUROPEAN UNION, THE UNITED STATES OF AMERICA, AND TAIWAN 6 2.1 The European Union 6 2.1.1 European Union policies on ESG in the Banking sector 6 2.1.2 Strategies from the ten highest ESG score banks 9 2.2 The United States of America (USA) 18 2.2.1 The United States of America (USA) policies on ESG in the Banking sector 18 2.2.2 Strategies from the ten highest ESG score banks 20 2.3 Taiwan 29 2.3.1 Taiwan policies on ESG in the Banking sector 29 2.3.2 Strategies from the five highest ESG score banks 30 3. IMPACT OF ESG ON BANK PERFORMANCE: A QUANTITATIVE STUDY 37 3.1 Literature Review 37 3.2 Methodology and Data 38 3.2.1 Methodology 38 3.2.2 Data 39 3.3. Findings 41 3.3.1 Descriptive statistics 41 3.3.2 Correlation 42 3.3.3 Regression 44 3.4 Conclusion 49 4. INTERVIEWS WITH SEVERAL VIETNAMESE BANKS 50 4.1 Data and Methodology 50 4.2 Findings 53 4.2.1 Question 1: What are your bank’s ESG strategies/policies? 53 4.2.2 Question 2: Who will implement these strategies/policies? 54 4.2.3 Question 3: When did your bank apply these strategies/policies? 55 4.2.4 Questions 4 & 5: What and how did/do your bank conduct these strategies/policies? 56 4.2.5 Question 6: What measures is your bank taking to raise awareness of ESG issues? 57 4.3 Conclusion 59 5. RECOMMENDATIONS FOR VIETNAMESE BANKS 61 5.1 Challenges in ESG application for Vietnamese banks 61 5.2 Suggestions for Regulation 62 5.3 Recommendations for Vietnamese banks 63 REFERENCES 67 APPENDIX 70 List of 40 banks in the EU, USA, and Taiwan for the quantitative study 70zh_TW
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0111933045en_US
dc.subject (關鍵詞) 治理zh_TW
dc.subject (關鍵詞) 環境zh_TW
dc.subject (關鍵詞) 社會及zh_TW
dc.subject (關鍵詞) 銀行zh_TW
dc.subject (關鍵詞) ESGen_US
dc.subject (關鍵詞) Banken_US
dc.subject (關鍵詞) Performanceen_US
dc.subject (關鍵詞) NIMen_US
dc.subject (關鍵詞) COVID-19en_US
dc.title (題名) 有關越南銀行的ESGzh_TW
dc.title (題名) About the ESG of Vietnamese Banksen_US
dc.type (資料類型) thesisen_US
dc.relation.reference (參考文獻) 1. ESG reports from 25 banks. 2. Tommaso & Thornton. (2020). Do ESG scores effect bank risk taking and value? Evidence. Corporate Social Responsibility and Environmental Management, Wiley. 3. Agnese, G. (2023). Bank's funding costs: Do ESG factors really matter? Finance Research Letters. 4. Asian Development Bank and World Bank Group. (2021). CLIMATE RISK COUNTRY PROFILE VIETNAM. Asian Development Bank and World Bank Group. 5. Azmi. (2021). ESG activities and banking performance: International evidence from emerging economies. Journal of International Financial Markets, Institutions and Money. 6. Bruno. (2021). An Overview of the European Policies on ESG in the Banking Sector. Sustainability . 7. Bruno, I. G. (2024). Bank credit loss and ESG performance. Finance Research Letters. 8. Catherine M. Clarkin, Melissa Sawyer, and Joshua L. Levin, Sullivan & Cromwell LLP. (2020). The Rise of Standardized ESG Disclosure Frameworks in the United States. Retrieved from https://corpgov.law.harvard.edu/: https://corpgov.law.harvard.edu/2020/06/22/the-rise-of-standardized-esg-disclosure-frameworks-in-the-united-states/ 9. Center, T. C. (n.d.). ESG Introduction. Retrieved from https://cgc.twse.com.tw: https://cgc.twse.com.tw/frontEN/responsibility 10. Chounee, D. (2023). The Impact of ESG On the Performance of European Banks During the Covid-19 Pandemic. 46th ISTANBUL International Conference on Studies in “Humanities, Social Sciences and Management. ISTANBUL. 11. Commission, E. (n.d.). Corporate sustainability and responsibility. Retrieved from Internal Market, Industry, Entrepreneurship and SMEs: https://single-market-economy.ec.europa.eu/industry/sustainability/corporate-sustainability-and-responsibility_en#esg-environmental-social-and-corporate-governance 12. Eddie Chan, Helen Hai-Ning Huang. (2024). ESG in Taiwan: a new dawn or just ‘flowers in the mirror’? Retrieved from https://www.iflr.com/: https://www.iflr.com/article/2d14lj79tmu66vnpk0b28/sponsored/esg-in-taiwan-a-new-dawn-or-just-flowers-in-the-mirror 13. Financial Supervisory Commission Republic of Taiwan. (n.d.). Retrieved from https://www.fsc.gov.tw/ch/index.jsp 14. Jaiwani. (2023). Do private and public sector banks respond to ESG in the same way? Some evidences from India. Benchmarking: An International Journal. 15. Liu, J. a. (2023). Does ESG performance reduce banks’ nonperforming loans? Finance Research Letters. 16. Loan. (2024). ESG disclosure and financial performance: Empirical study of Vietnamese commercial banks. Banks and Bank Systems. 17. LSEG, M. (n.d.). LSEG ESG Scores. Retrieved from lseg.com: https://www.lseg.com/en/data-analytics/sustainable-finance/esg-scores 18. Mana Behbin, Kelly L.Gibson, Elizabeth S.Goldberg. (2024). ESG INVESTING: THE US REGULATORY PERSPECTIVE. Retrieved from morganlewis.com: https://www.morganlewis.com/pubs/2024/03/esg-investing-the-us-regulatory-perspective 19. MATTHEW BISANZ,ANDREW OLMEM,. (2022). PRINCIPLES FOR US ESG REGULATION RELEASED BY AMERICAN BANKERS ASSOCIATION. Retrieved from mayerbrown.com: https://www.mayerbrown.com/en/insights/publications/2022/06/principles-for-us-esg-regulation-released-by-american-bankers-association 20. Nina Lakhani and Dominic Rushe. (2024). US banks abandon ‘bare minimum’ environmental standards project, alarming climate groups. https://www.theguardian.com/. 21. Rocío Redondo Alamillos and Frédéric de Mariz. (2022). How Can European Regulation on ESG Impact Business Globally? Journal of Risk and Financial Management. 22. Tseng Ken-Ying, Helen Huang Hai-Ning. (n.d.). A regional comparison of ESG regulations: Taiwan. Retrieved from https://law.asia: https://law.asia/comparison-of-esg-regulations-taiwan/ 23. VIETNAM, J. S. (2024). SOLID FOUNDATION FOR FUTURE VALUE. Hanoi: BIDV. 24. Witold Henisz, Tim Koller, and Robin Nuttall. (2019). Five ways that ESG creates value. McKinsey. 25. Yuen. (2022). The environment, social and governance (ESG) activities and profitability under COVID-19: evidence from the global banking sector. Journal of Economics and Development.zh_TW