Overview
- Employs an empirical analysis to examine the bank-firm relationship in alternative finance and ESG
- Offers insights for banks to evaluate and mitigate ESG-related risks effectively
- Provides policy implications for promoting responsible lending and supporting the growth of alternative finance
Part of the book series: Palgrave Macmillan Studies in Banking and Financial Institutions (SBFI)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
About this book
This book examines the evolving dynamics between banks and firms within the context of alternative finance and Environmental, Social, and Governance (ESG) integration. The book contributes to understanding the bank-firm relationship in light of the changing financial landscape and its implications for sustainable development. The book employs an empirical analysis to examine the bank-firm relationship in the context of alternative finance and ESG performance to assess firms’ riskiness, access to funds and cost of capital.
The book addresses research gaps by comprehensively analysing the impact of alternative finance and ESG on the bank-firm relationship. It assists banks in adapting their financing practices and policies to align with emerging trends, and it offers insights for banks to evaluate and mitigate ESG-related risks effectively. It provides policy implications for promoting responsible lending, supporting the growth of alternative finance, and incentivising ESG integration in the financial sector. Ultimately, it contributes to formulating policies that foster a sustainable and inclusive financial system, and will be of interest to professionals and researchers in finance, alternative finance, and sustainable finance.
Keywords
Table of contents (6 chapters)
Reviews
Salvatore Polizzi, Ph.D., Assistant Professor in Banking & Finance, University of Palermo, Italy
Authors and Affiliations
About the authors
Egidio Palmieri is a Research Fellow in Bank Risk Management at the University of Udine where his current focus is on the relationship between small and medium-sized enterprises (SMEs) and banks. He specializes in credit mechanisms and risk mitigation effects. Additionally, he has explored the impact of ESG performance on the credit scores of non-financial institutions. He is also a Visiting Researcher in ESG and Bank Risk Management at Bangor University, UK.
Enrico Fioravante Geretto is an Associate Professor at the University of Udine, Department of Economic Science and Statistics. In the past, he was a lecturer of banking operations techniques, insurance operations techniques, financial instruments techniques, asset management economics, intermediaries and financial markets.
Bibliographic Information
Book Title: Adapting to Change
Book Subtitle: ESG and Alternative Finance in Shaping the Bank-Firm Relationship
Authors: Egidio Palmieri, Enrico Fioravante Geretto
Series Title: Palgrave Macmillan Studies in Banking and Financial Institutions
DOI: https://doi.org/10.1007/978-3-031-50265-1
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023
Hardcover ISBN: 978-3-031-50264-4Published: 12 January 2024
Softcover ISBN: 978-3-031-50267-5Published: 30 January 2025
eBook ISBN: 978-3-031-50265-1Published: 11 January 2024
Series ISSN: 2523-336X
Series E-ISSN: 2523-3378
Edition Number: 1
Number of Pages: XIV, 200
Number of Illustrations: 1 b/w illustrations
Topics: Financial Services, Risk Management, Environmental Economics