Trend Comparison Of Bank Sustainable Financial Statements Based On Assessment Of Economic Aspects, Environmental Aspects, And Social Aspects
DOI:
https://doi.org/10.30656/jkk.v2i2.6945Keywords:
Economic Aspects, Environmental Aspects, Social Aspects, Sustainable Finance, Trend Comparison ReportsAbstract
The acceleration of unbalanced economic development has an impact on environmental damage and social inequality. This article aims to find out how the trend of comparing sustainable financial statements in banks is based on assessments from economic aspects, environmental aspects, and social aspects. This sustainable financial report is the first time it has been applied to financial service institutions that have been determined based on the regulatory policies of the Indonesian Financial Services Authority. descriptive quantitative is used as a method that helps researchers in conducting research with trend analysis of sustainable financial statements comparison in banking from 2020-2021, at the bank that won the Annual Report Award in the Category of Listed Financial Banking. Research results based shows that economic, social, and environmental damage can be overcome with awareness by each bank in providing financing to consumers who care about these three aspects. This sustainable financial report is so that it can be used by the company as a policy improvement on the awareness of the financial services industry to apply from economic, environmental, and social aspects
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References
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Ali, B. J. A., & Oudat, M. S. (2021). ACCOUNTING INFORMATION SYSTEM AND FINANCIAL SUSTAINABILITY OF COMMERCIAL AND ISLAMIC BANKS: A REVIEW OF THE LITERATURE. Journal of Management Information & Decision Sciences, 24(5).
Barać, Ž. A. (2021). FINANCIAL REPORTING QUALITY MEASUREMENT–APPROACHES, ISSUES AND FUTURE TRENDS. Proceedings of FEB Zagreb International Odyssey Conference on Economics and Business, 3(1), 1–13.
Chiu, I. H. Y. (2021). Regulating sustainable finance in capital markets: A perspective from socially embedded decentered regulation. Law & Contemp. Probs., 84, 75.
El Amri, A., Boutti, R., & Rodhain, F. (2020). Sustainable Finance at the time of Institutions: Performativity through the lens of Responsible Management in Morocco. Financ. Mark. Inst. Risks, 4, 52–64.
Fathihani, F., & Saputra, J. (2022). A Review of Sustainable Finance and Financial Performance Literature: Mini-Review Approach. International Journal of Finance, Economics and Business, 1(1), 1–17.
Gonzalez, C. I. (2021). The role of central banks in combating climate change and developing sustainable finance. Banco de Espana Article, 31, 21.
Kemfert, C., & Schmalz, S. (2019). Sustainable finance: Political challenges of development and implementation of framework conditions. Green Finance, 1(3), 237–248.
Liaanjani, D., & Sutikno, S. (2021). Restructuring As An Effort To Reduce The Impact Of Problem Financing On Griya Ib Hasanah Produc. Jurnal Keuangan Dan Perbankan (KEBAN), 1(1), 44–51. https://doi.org/10.30656/jkk.v1i1.3969
Liang, H., & Renneboog, L. (2020). Corporate social responsibility and sustainable finance: A review of the literature. European Corporate Governance Institute–Finance Working Paper, 701.
Mohammad, N. (2019). Integrated reporting practice and disclosure in Bangladesh’s banking sectors. Indonesian Journal of Sustainability Accounting and Management, 3(2), 147–161.
Nugroho, L., Badawi, A., & Hidayah, N. (2019). Discourses of sustainable finance implementation in Islamic bank (Cases studies in Bank Mandiri Syariah 2018). International Journal of Financial Research, 10(6), 108–117.
Pan, Y. (2016). Sustainability trends in financial services sector: Evidence from Europe and North America. 2016 13th International Conference on Service Systems and Service Management (ICSSSM), 1–6.
Ramadhani, D. (2019). Understanding environment, social and governance (ESG) factors as path toward ASEAN sustainable finance. APMBA (Asia Pacific Management and Business Application), 7(3), 147–162.
Sharma, A., Kaushik, K., Awasthy, P., & Gawande, A. (2022). Leveraging Text Mining for Trend Analysis and Comparison of Sustainability Reports: Evidence from Fortune 500 Companies. American Business Review, 25(2), 8.
StankeviÄienÄ—, J., & Nikanorova, M. (2019). Financial System Sustainability Assessment Model Creation. Trends Economics and Management, 13(33), 87–98.
Sukhonos, V. V., & Makarenko, I. O. (2017). Sustainability reporting in the light of corporate social responsibility development: economic and legal issues.
Sutikno, S. (2022). Marketing Of Bank Products Through Entrepreneurship Training And Credit Financing For Entrepreneurs Students. Journal of Management Science (JMAS), 5(1), 1–4.
Sutikno, S., Nursaman, N., & Muliyat, M. (2022). The Role Of Digital Banking In Taking The Opportunities And Challenges Of Sharia Banks In The Digital Era. Journal of Management Science (JMAS), 5(1), 27–30.
Sutikno, S., Suhaemi, M., & Irsad Ariffin, M. (2022). Sharia Bank Credit Management In Entrepreneurship. Jurnal Keuangan Dan Perbankan (KEBAN), 2(1), 1–6. https://doi.org/10.30656/jkk.v2i1.5829
Świeszczak, M. (2020). How Are Banks Doing on Sustainable Finance? Finanse i Prawo Finansowe, 3(27), 141–154.
Tafsir, M. (2021). Sustainable Finance: A Strategy to Increase Good Corporate Governance and Company Value in Banking Industry. ATESTASI: Jurnal Ilmiah Akuntansi, 4(2), 164–172.
Tînjală, D.-M., Pantea, L. M., & Buglea, A. (2015). 2010–2014: A Comparative Evolution of Sustainability Reporting and Its Assurance in Europe and the USA. Timisoara Journal of Economics and Business, 8(1), 48–69.
Warsaw, P., Archambault, S., He, A., & Miller, S. (2021). The economic, social, and environmental impacts of farmers markets: Recent evidence from the us. Sustainability, 13(6), 3423.
Wu, X., & HÄ…bek, P. (2021). Trends in Corporate Social Responsibility Reporting. The Case of Chinese Listed Companies. Sustainability, 13(15), 8640.
Yeung, S. M.-C. (2014). From corporate social responsibility (CSR) to sustainability–Trend of social reporting in banking organization. Corporate Board: Role, Duties and Composition, 10 (3), 6–18.
Ziolo, M., Filipiak, B. Z., BÄ…k, I., & Cheba, K. (2019). How to design more sustainable financial systems: The roles of environmental, social, and governance factors in the decision-making process. Sustainability, 11(20), 5604.
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Published
2023-07-17
How to Cite
Sutikno, S., Oktaviano, E. T., & Faroji, F. (2023). Trend Comparison Of Bank Sustainable Financial Statements Based On Assessment Of Economic Aspects, Environmental Aspects, And Social Aspects. Jurnal Keuangan Dan Perbankan (KEBAN), 2(2), 1–13. https://doi.org/10.30656/jkk.v2i2.6945
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