TITLE:
On the Evaluation of Performance System Incorporating “Green Credit” Policies in China’s Financial Industry
AUTHORS:
Lan Xu
KEYWORDS:
Green Credit; Sustainable Development; Financial Distance Function; Performance Evaluation
JOURNAL NAME:
Journal of Financial Risk Management,
Vol.2 No.2,
June
5,
2013
ABSTRACT: The main work of this paper is aimed,
through utilizing the two-stage optimization theory, to estimate the green
distance functions and Malmquist green growth indexes for the China’s main
commercial banks and relevant financial institutions, and to further set up an
overall appraisal index system to assess their performance in implementing the
“Green Credit” principles. The paper also analyzes effects of the “Green Credit”
policies influential on revenue
achievements, as well as performs a decomposition analysis of the above
impacts. The carry-outs of the paper may serve as useful references and guiding
means in achievingChina’s
economic transitional strategies of sustainable development.