TITLE:
Impact of Sustainable Development Goals on Profitability: Evidence from Ghanaian Banks
AUTHORS:
Frank Boateng Agyei, Nirjhar Nigam, Khodor Shatila
KEYWORDS:
SDG’s, Financing, Profitability, Sustainable Banking Policies, Governance, Stakeholders
JOURNAL NAME:
Theoretical Economics Letters,
Vol.14 No.6,
November
6,
2024
ABSTRACT: This study investigates the impact of selected Sustainable Development Goals (SDGs), including poverty (SDG 1), health and well-being (SDG 3), quality education (SDG 4), and affordable clean energy (SDG 7), on the profitability of Ghanaian banks. By focusing on the mediating role of inadequate financing, the research aims to provide insight into the alignment between sustainable practices and financial performance. The study uses a mixed-method approach, relying on secondary data from international financial institutions and primary data collected through surveys of 350 respondents. The data is analyzed using Structural Equation Modeling (SEM) with AMOS and generalized linear modeling via SPSS. The findings emphasize the potential trade-off between achieving sustainability targets and immediate financial success, offering policy recommendations for promoting sustainable banking.