Assessing the relationship between banking capitalization and sustainable development in Nigeria (original) (raw)

2016

Abstract

The fact that the banking industry is not a polluted or environmentally sensitive sector does not immune it from its consequences, because as members of the community they equally owe a responsibility to society.Our major aim in this study is to assess the relationship between banks capital structure and sustainable development in Nigeria.While the manufacturing and other environmentally sensitive sectors are expected to contribute positively towards sustainable development, it is also logical that major creditors (banks) to these industries do same. Scarce literature's on the role of service industries on sustainability reporting is what motivated the researcher to investigate the role banks have been playing in promoting sustainable development given the strength of their capital base. Using 75% of banks quoted in the NSE, the variables were regressed to see the difference in the mean within the periods 2010 to 2013. The result from the F-Change test showed that there is no si...

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