RT Journal Article
T1 The impact of competition on environmental and social performance in the MENA banking sector
A1 Maside Sanfiz, José Manuel
A1 Iglesias Casal, Ana
A1 Mazahreh, Qusay Ayman Sulayman
A1 López Penabad, Celia
K1 Competition
K1 Corporate governance
K1 Corporate social performance
K1 ESG
K1 Islamic banks
K1 Market power
K1 MENA region
AB The study analyzes the impact of competition on environmental and social performance. Based on data collected from 82 banks in the banking industry across nine emerging Middle Eastern and North African (MENA) countries from 2015 to 2021, the results indicate that heightened competitive pressure compels banks to enhance their efforts in environmental and social initiatives. Additionally, a positive correlation is observed between greater Board gender diversity (BGD) and improved environmental and social performance. Finally, the results indicate that the negative impact of market power on environmental and social performance is less pronounced in banks with higher BGD, those operating in countries with a better institutional environment, and in state-owned banks. In contrast, the negative impact is more pronounced in Islamic banks. Our research findings provide insights into the current discourse on strategic decision-making in the context of sustainability, shedding light on the benefits associated with competition and gender diversity.
PB Wiley
SN 1535-3958
YR 2024
FD 2024-07
LK https://hdl.handle.net/10347/37986
UL https://hdl.handle.net/10347/37986
LA eng
NO Maside‐Sanfiz, J. M., Iglesias‐Casal, A., Mazahreh, Q. A. S., & López‐Penabad, M. C. (2024). The impact of competition on environmental and social performance in the MENA banking sector. Corporate Social Responsibility and Environmental Management.
DS Minerva
RD 4 may 2026