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Journal of Emerging Trends in Economics and Management Sciences (JETEMS)

ISSN: 2141-7024

 

Article Title:
Feedback of Green Credit of Listed Banks in the Haze Governance
by Hui Yao, and Liwen Chen

Abstract:
Frequent haze weather seriously affects the travel of the public, threatens people`s health, and it is even more harmful than water pollution. In the national policy and legal framework, commercial banks develop green credit to limit enterprises in ?high energy consumption, high pollution? to loan, while support and promote the development of enterprises devoted to ecological protection and construction. With its implementation by commercial banks, green credit plays an increasingly important role in haze governance. This paper attempts to conduct regression analysis of panel data based on the profitability of commercial banks, number of good air quality days, the reputation of commercial banks and other indicators to establish a model which explores the role green credit plays in the governance process of haze. This article focuses on the analysis of the feedback effects haze governance has to commercial banks. First of all, commercial banks can form their green reputation through the issuance of green credit for haze governance which will increase the profitability of commercial banks. Then they will increase the intensity of the implementation of green credit, which will finally form a virtuous cycle. There is a certain practical significance in the research of this paper.
Keywords: green credit, reputation, haze governance, panel data, regression analysis
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