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Sustainable Banking, Market Power, and Efficiency: Effects on Banks' Profitability and Risk
The financial crisis seriously damaged the reputation of the banking sector, as well as its profitability and risk of insolvency, which led many banks to adopt a sustainable approach aimed at balancing long-term goals with short-term performance pressures. This article analyses how sustainable banking practices affect the profitability and the insolvency risk of banks. Moreover, we examine how sustainable strategies determine the effects of market power and efficiency on bank profitability. Wedoi:10.3390/su13031298 fatcat:5rz5jt7ve5ga5etfzvutp23kfq