The Impact of Voluntary Disclosure and Sustainability on Bank Performance.

Abstract

The current research examines the effect of voluntary disclosure and sustainability adoption on bank performance. A sample of sustainability and voluntary disclosure 21 listed banks on 2021 are used, Firm’s financial statements are used to collect data from measuring variables. The descriptive analysis, Pearson correlation and regression analysis are used to test the research hypotheses. Sustainable development is now widely regarded as the central focus for all development efforts. Banking is a key part of this, and the adoption of sustainable banking practices by various banking organizations is a powerful engine for long-term growth. This research is investigating the level of acceptance of sustainable banking instruments, as well as the extent to which financial institutions use them. Furthermore, the financial institutions were graded and classified based on banking performance. The research on bank financial performance is represented by return on assets, return on equity, and earnings per share. Annual reports, financial statements, sustainability reports, and social responsibility report banks were used to compile the data. By studying the content, as well as the financial indicators of financial performance derived from the financial statements of the studied banks, items for the sustainable development and voluntary were defined, and their level of exercise was measured.