title: ESG factors in reputational risk assessment of Russian banks
metadata.name: dc.contributor.author
metadata.value: Evlakhova, Yulia S.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2023-02-07T12:02:29Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2023-02-07T12:02:29Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2022-09
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Evlakhova, Yu. S. (2022) ‘ESG factors in reputational risk assessment of Russian banks’, St Petersburg University Journal of Economic Studies, 38 (3), pp. 385–415. https://doi.org/10.21638/spbu05.2022.303 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2022.303
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/38991
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: This article discusses risks for financial institutions associated with the transition to sustainable
  development and aims to determine the role of ESG factors in maintaining the reputation
  of Russian banks based on the development of a reputation risk assessment methodology that
  assumes ESG factors, which we test using data of systemically important Russian banks. The
  achievement of this goal is mediated by methods of theoretical analysis of publications, the
  use of ratings and ranking, the quantitative methods. Key theoretical positions and conclusions
  are formulated within the concept of sustainable development and a green economy. The
  main hypothesis is that for systemically important Russian banks, the influence of ESG factors
  on business reputation is manifested in the same way as for foreign counterparts: positive
  changes and efforts of banks in achieving sustainable development goals contribute to positive
  changes in financial indicators and strengthening business reputation. It was revealed that the
  efforts of systemically important Russian banks in achieving sustainable development goals
  really contribute to the growth of the business reputation of banks, but they can occur against
  the background of both improvement and deterioration in the dynamics of financial indicators,
  that is, the study hypothesis was partially confirmed. A possible reason is the features
  of the modern stage of the formation of a green economy in Russia. Under these conditions,
  it becomes important to avoid alarmist sentiment and premature use of ESG ratings for the
  purposes of banking regulation or investment decisions.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: The article was prepared based on the results of research carried out at the expense of budgetary funds
  under the state assignment of the Financial University under the Government of the Russian Federation
  (research project “Financial stability in financial markets: identification of leadership and sources of risk
  generation (global cross-section)”).
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 38; Issue 3
metadata.lang: -
metadata.name: dc.subject
metadata.value: sustainable development
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: green finance
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: ESG rating
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: financial indicators
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: digitalization index
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: ESG factors in reputational risk assessment of Russian banks
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 03.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/38991/1/03.pdf
resources.format: Adobe PDF
resources.size: 887,96 kB