Abstract:

This article examines the effectiveness of Morocco's green credit policy. The study investigates whether companies that have improved external environmental disclosure and internal green innovation are more likely to receive bank loans through green finance and green credit. To test our hypotheses, we conducted a direct survey of Moroccan enterprises. The findings indicate that companies with higher-quality environmental disclosure do not receive more loans, while only those with green innovation are able to access green loans. We demonstrate that the green credit policy, along with financial performance and green-environmental quality, play a significant role in limiting loan opportunities for companies with weak environmental disclosure. These results contribute to the existing literature on green credit policy, green business innovation, environmental disclosure, and green-washing. Further more, they offer valuable insights for companies, banks, and governments when making decisions in this domain.

Keywords:

Green credit policy, Bank loan, Morocco, sustainable development, green economy.

How to Cite:

Ahmed Bahbah and Fatima Touhami. When the Green Banking Loan Offer Meets the Transition to Green Finance: Evidence Impact from Moroccan Firms. [ref]: vol.21.2023. available at: https://refpress.org/ref-vol21-a231/