{"id":"https://openalex.org/W4311701720","doi":"https://doi.org/10.1108/jgr-07-2022-0075","title":"The impact of ESG on the bank valuation: evidence of moderation by ICT","display_name":"The impact of ESG on the bank valuation: evidence of moderation by ICT","publication_year":2022,"publication_date":"2022-12-06","ids":{"openalex":"https://openalex.org/W4311701720","doi":"https://doi.org/10.1108/jgr-07-2022-0075"},"language":"en","primary_location":{"id":"doi:10.1108/jgr-07-2022-0075","doi":"https://doi.org/10.1108/jgr-07-2022-0075","is_oa":false,"landing_page_url":"https://doi.org/10.1108/jgr-07-2022-0075","pdf_url":null,"source":{"id":"https://openalex.org/S34975756","display_name":"Journal of Global Responsibility","issn_l":"2041-2568","issn":["2041-2568","2041-2576"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-20","russia-white-list-1"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Global Responsibility","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5077784594","display_name":"Shailesh Rastogi","orcid":"https://orcid.org/0000-0001-6766-8708","observed_orcids":["https://orcid.org/0000-0001-6766-8708","https://orcid.org/0000-0001-6766-0087"]},"institutions":[{"id":"https://openalex.org/I244572783","display_name":"Symbiosis International University","ror":"https://ror.org/005r2ww51","country_code":"IN","type":"education","lineage":["https://openalex.org/I244572783"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Shailesh Rastogi","raw_affiliation_strings":["Symbiosis Institute of Business Management Pune, Symbiosis International University, Pune, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Symbiosis Institute of Business Management Pune, Symbiosis International University, Pune, India","institution_ids":["https://openalex.org/I244572783"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5031764611","display_name":"Kuldeep Singh","orcid":"https://orcid.org/0000-0002-4923-249X","observed_orcids":["https://orcid.org/0000-0002-4923-249X"]},"institutions":[{"id":"https://openalex.org/I244572783","display_name":"Symbiosis International University","ror":"https://ror.org/005r2ww51","country_code":"IN","type":"education","lineage":["https://openalex.org/I244572783"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Kuldeep Singh","raw_affiliation_strings":["Symbiosis Institute of Business Management Pune, Symbiosis International University, Pune, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Symbiosis Institute of Business Management Pune, Symbiosis International University, Pune, India","institution_ids":["https://openalex.org/I244572783"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I244572783"],"apc_list":null,"apc_paid":null,"fwci":4.6664,"has_fulltext":false,"cited_by_count":28,"citation_normalized_percentile":{"value":0.94579766,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":99},"biblio":{"volume":"14","issue":"2","first_page":"273","last_page":"288"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9721999764442444,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9721999764442444,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.006500000134110451,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.0035000001080334187,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/esg","display_name":"ESG","score":0.9169999957084656},{"id":"https://openalex.org/keywords/bank-valuation","display_name":"bank valuation","score":0.921999990940094},{"id":"https://openalex.org/keywords/information-and-communication-technologies","display_name":"information and communication technologies","score":0.9200000166893005},{"id":"https://openalex.org/keywords/ict-expenditure","display_name":"ICT expenditure","score":0.6430000066757202},{"id":"https://openalex.org/keywords/tobin-s-q","display_name":"Tobin's Q","score":0.9070000052452087},{"id":"https://openalex.org/keywords/market-capitalization","display_name":"market capitalization","score":0.9900000095367432},{"id":"https://openalex.org/keywords/value-creation","display_name":"value creation","score":0.5120000243186951},{"id":"https://openalex.org/keywords/value-erosion","display_name":"value erosion","score":0.8529999852180481},{"id":"https://openalex.org/keywords/moderating-effect","display_name":"moderating effect","score":0.7490000128746033},{"id":"https://openalex.org/keywords/banking","display_name":"banking sector","score":0.8410000205039978},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.5600000023841858},{"id":"https://openalex.org/keywords/environmental-and-social-issues","display_name":"environmental and social issues","score":0.49799999594688416}],"concepts":[{"id":"https://openalex.org/C67363961","wikidata":"https://www.wikidata.org/wiki/Q5268834","display_name":"Information and Communications Technology","level":2,"score":0.7667934894561768},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.6828970313072205},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.611605167388916},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.4943959712982178},{"id":"https://openalex.org/C2780933327","wikidata":"https://www.wikidata.org/wiki/Q7912697","display_name":"Valuation effects","level":3,"score":0.48800674080848694},{"id":"https://openalex.org/C93225998","wikidata":"https://www.wikidata.org/wiki/Q1941972","display_name":"Moderation","level":2,"score":0.4580899477005005},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.4270644187927246},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.36007362604141235},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2446655035018921},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.08919242024421692},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/jgr-07-2022-0075","doi":"https://doi.org/10.1108/jgr-07-2022-0075","is_oa":false,"landing_page_url":"https://doi.org/10.1108/jgr-07-2022-0075","pdf_url":null,"source":{"id":"https://openalex.org/S34975756","display_name":"Journal of Global Responsibility","issn_l":"2041-2568","issn":["2041-2568","2041-2576"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-20","russia-white-list-1"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Global Responsibility","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","score":0.7207000255584717,"display_name":"Industry, innovation and infrastructure"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":46,"referenced_works":["https://openalex.org/W1537621917","https://openalex.org/W1828955830","https://openalex.org/W1971419997","https://openalex.org/W1974446582","https://openalex.org/W1983237694","https://openalex.org/W2019465080","https://openalex.org/W2056044739","https://openalex.org/W2059697617","https://openalex.org/W2070948575","https://openalex.org/W2073928172","https://openalex.org/W2105767704","https://openalex.org/W2119597906","https://openalex.org/W2120149655","https://openalex.org/W2134599485","https://openalex.org/W2157624030","https://openalex.org/W2203422023","https://openalex.org/W2467532368","https://openalex.org/W2588234720","https://openalex.org/W2589817693","https://openalex.org/W2592309201","https://openalex.org/W2593151889","https://openalex.org/W2593745552","https://openalex.org/W2768285115","https://openalex.org/W2888913179","https://openalex.org/W2938531267","https://openalex.org/W2950146096","https://openalex.org/W3003747069","https://openalex.org/W3013661454","https://openalex.org/W3015004932","https://openalex.org/W3025941004","https://openalex.org/W3043087888","https://openalex.org/W3046020484","https://openalex.org/W3095974274","https://openalex.org/W3121464887","https://openalex.org/W3121596282","https://openalex.org/W3122806311","https://openalex.org/W3138966123","https://openalex.org/W3139049545","https://openalex.org/W3165395255","https://openalex.org/W3174894382","https://openalex.org/W3197113812","https://openalex.org/W3199523925","https://openalex.org/W3205628392","https://openalex.org/W3208528726","https://openalex.org/W4383721552","https://openalex.org/W4394119183"],"related_works":["https://openalex.org/W7009550005","https://openalex.org/W4414744451","https://openalex.org/W7204561950","https://openalex.org/W7208814395","https://openalex.org/W4392941640","https://openalex.org/W4289731500","https://openalex.org/W7204199607","https://openalex.org/W7140159448","https://openalex.org/W4309457642","https://openalex.org/W7223171301"],"abstract_inverted_index":{"Purpose":[0],"The":[1,11,128,317,345],"banking":[2,70,357],"sector":[3,358],"is":[4,103,135,167,183,231],"undergoing":[5],"a":[6,225,248],"phase":[7],"of":[8,13,36,51,68,131,149,153,162,196,209,227,334],"transition":[9],"worldwide.":[10],"degrees":[12],"flux":[14],"may":[15,327,347],"vary":[16],"from":[17],"country":[18],"to":[19,42,170,200,233,258,273,283,295,305],"country.":[20],"Metamorphosis":[21],"causes":[22],"include":[23],"financial":[24],"distress,":[25],"corporate":[26],"governance":[27,48],"issues,":[28],"environmental":[29],"and":[30,33,47,54,82,87,109,115,117,133,155,302,336,342],"social":[31,46],"issues":[32],"an":[34,139,185],"avalanche":[35],"technological":[37],"advancements.":[38],"This":[39],"study":[40,75],"aims":[41,77],"explore":[43],"how":[44,79],"environmental,":[45],"(ESG),":[49],"one":[50],"the":[52,59,63,66,69,93,124,144,150,172,190,202,215,240,260,289,313,323,332,339,356,360],"essential":[53,232],"contemporary":[55],"change":[56,84],"agents":[57],"across":[58],"sectors,":[60],"including":[61],"in":[62,187,237,292,338,355],"banks,":[64],"impacts":[65,189],"valuation":[67,106,159,177,191,203],"sector.":[71],"In":[72,164,179,265,278],"addition,":[73,165],"this":[74],"also":[76,136,168,348],"at":[78],"another":[80],"vital":[81],"inevitable":[83],"agent,":[85],"information":[86],"communications":[88],"technology":[89],"(ICT)":[90],"expenses,":[91],"influence":[92,152,174],"ESG\u2019s":[94,173],"impact":[95,201,259],"on":[96,119,157,175,322,331,353],"bank":[97,158,176],"valuation.":[98,344],"Design/methodology/approach":[99],"Panel":[100],"data":[101],"regression":[102],"conducted":[104],"using":[105,359],"(Tobin\u2019s":[107],"Q":[108],"market":[110],"capitalization)":[111],"as":[112,123,138],"endogenous":[113],"variables,":[114],"ESG":[116,132,154,188,199,211,242,255,276,281,335,354],"expenditure":[118],"ICT":[120,134,156,166,182,197,238,298,337],"are":[121,321],"used":[122,137],"main":[125],"exogenous":[126,140],"variables.":[127],"interaction":[129],"term":[130],"variable.":[141],"Findings":[142],"Surprisingly,":[143],"authors":[145],"find":[146],"unequivocal":[147],"evidence":[148],"positive":[151],"without":[160],"consideration":[161,208],"ICT.":[163],"found":[169],"moderate":[171],"positively.":[178,204,262],"particular,":[180],"when":[181,254],"low,":[184],"increase":[186],"negatively.":[192],"However,":[193,218],"high":[194,252],"values":[195],"cause":[198],"Research":[205],"limitations/implications":[206],"Without":[207],"ICT,":[210,229,306],"investments":[212,236,256],"coincide":[213],"with":[214,275,308],"value-creating":[216,249],"hypothesis.":[217],"modern":[219],"world":[220],"firms":[221,268,290,314],"do":[222],"not":[223,328],"have":[224,269,329],"choice":[226,271],"ignoring":[228],"which":[230],"sustain.":[234],"Adequate":[235],"shift":[239],"value-eroding":[241],"effects":[243],"(at":[244,251,286],"low":[245,287],"ICT)":[246,253],"toward":[247],"hypothesis":[250],"start":[257],"value":[261,285],"Practical":[263],"implications":[264,320],"practice,":[266],"modern-day":[267],"no":[270],"but":[272],"align":[274],"investments.":[277,299],"cases":[279],"where":[280],"tends":[282],"erode":[284],"ICT),":[288],"should,":[291],"parallel,":[293],"choose":[294],"make":[296],"some":[297],"Such":[300],"combined":[301],"balanced":[303],"attention":[304],"along":[307],"ESG,":[309],"will":[310],"undoubtedly":[311],"benefit":[312],"financially.":[315],"Originality/value":[316],"study\u2019s":[318,362],"significant":[319],"stakeholders\u2019":[324],"mindsets,":[325],"who":[326],"clarity":[330],"role":[333],"bank\u2019s":[340],"performance":[341],"subsequent":[343],"policymakers":[346],"restructure":[349],"their":[350],"long-term":[351],"policy":[352],"current":[361],"findings.":[363]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":11},{"year":2024,"cited_by_count":7},{"year":2023,"cited_by_count":7}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2022-12-28T00:00:00"}