Research On The Relationship Between Green Credit And Business Performance Of Commercial Banks From The Perspective Of Social Responsibility

With the continuous acceleration of the process of financial globalization,China and the world are focusing on the transformation of economic structure.Green economy and low-carbon economy have gradually become the focus of the economic development of various countries.As an important part of the economic field,finance has gradually attracted the attention of all sectors of society to play an important role in financial instruments under the premise of environmental protection.General secretary Xi Jinping put forward "developing green finance" in the nineteen major reports of the Communist Party of China.Green credit is a major measure to carry out this requirement.It is also an important way for commercial banks to deal with environmental and social risks and enhance international competitiveness.It is also a powerful measure to prevent pollution in China’s three major battles.The impact of green credit on the business performance of commercial banks determines whether commercial banks actively develop green credit business and scale.As a special enterprise,the healthy and orderly development of commercial banks is bound to be inseparable from the commitment of corporate social responsibility.From the perspective of social responsibility,this paper studies the relationship between green credit and business performance of commercial banks,and finds out whether the social responsibility of commercial banks can regulate the relationship between green credit and business performance,that is,whether the commitment of social responsibility of commercial banks will be weakened(strengthened)the negative(positive)relationship between green credit and its business performance provides reasonable policy suggestions for commercial banks to develop green credit business.This paper attempts to study the impact of green credit on the performance of commercial banks from the perspective of social responsibility.Firstly,it studies the background and significance of the implementation of green credit business and corporate social responsibility of commercial banks,making clear the importance of developing green credit business for commercial banks.By combing the literature at home and abroad,it obtains the literature review related to green credit and corporate social responsibility;Secondly,it expounds the theory related to green credit and corporate social responsibility,which lays a good foundation for the later analysis;Then it analyzes the dynamic mechanism of green credit business development from the perspective of the game between banks and enterprises,analyzes the basic logic of green credit development from the perspective of green industry,and establishes the position of green credit development;Then it analyzes green credit and commercial banks The regulation of the relationship between business performance and social responsibility;In the empirical aspect,this paper collects the financial data of 14 listed banks in 2010-2018,constructs a panel data model for analysis,and finds that:(1)in the short term,green credit business has a negative impact on the business performance of commercial banks,and most commercial banks have low enthusiasm for developing green credit business.(2)Commercial banks can take social responsibility to reduce the negative impact of green credit on business performance.In the medium and long term,environmental protection is the general trend.With the continuous solution of relevant problems,the green credit business system mechanism will continue to improve,the accumulated green reputation of commercial banks will continue to play a role,and the positive impact of green credit on the business performance of commercial banks will continue to highlight,which is conducive to improving the enthusiasm of commercial banks to develop green credit business.According to the above analysis results,this paper puts forward corresponding countermeasures and suggestions for the development of green credit in China from various perspectives,hoping that the research of this paper can play a certain role in improving green credit policy,promoting the development of green credit business of commercial banks,undertaking social responsibility and sustainable development.