THE IMPACT OF ADOPTING THE DIMENSIONS OF SUSTAINABLE DEVELOPMENT ON THE PERFORMANCE OF BANKING INSTITUTIONS (AN APPLIED STUDY IN A SAMPLE OF IRAQI BANKS)
Purpose: to identify the impact of adopting the dimensions of sustainable development on the performance of banking institutions from the point of view of employees in the banks operating in Baghdad Governorate, and the extent of the impact of the dimensions of sustainable development (the economic dimension, the social dimension, the environmental dimension) on the performance of banks. Theoretical framework: The dimensions of sustainable development are based on the performance of banking institutions and the extent to which their dimensions (the economic dimension, the social dimension, and the environmental dimension) affect the performance of banking institutions. Therefore, the research dealt with the conceptual framework by reviewing the literature on the importance of the impact of the dimensions of sustainable development on the financial performance of banking institutions. Design/methodology/approach: To investigate the impact of the dimensions of sustainable development (the economic dimension, the social dimension, and the environmental dimension) on the performance of banking institutions, a questionnaire designed for this purpose was used, directed at a sample of the surveyed banks. AMOS V program was used. 25, to test the extent to which the scale model matches the data to ensure the hexagonal structure of the scale of the factors of the independent variable (Dimensions of Sustainable Development X). Moreover, survey opinions on the topic of research and address the analytical aspects. Findings: The results of the study showed the existence of a statistically significant correlation at the level of statistical significance (0.01) for economic development, social development and environmental development in improving the performance of the surveyed banks, and also the existence of a simple and multiple statistically significant effect at the level of statistical significance (0.01), to exclude sustainable development in the performance Banking institutions. Research, Practical & Social implications: the need to increase the disclosure of sustainable development in banks through the issuance of reports on the performance of banking institutions because of the importance it contains of information about social and environmental performance as well as economic performance. Originality / Value: The study is among the first studies that dealt with the dimensions of sustainable development and how they affect the financial performance of banks in Iraq.